VAIDEN "A"

Operated by FAIRWAY RESOURCES OPERATING, LLC (P-5 259788) in the NEWSOME (PITTSBURG 8200) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 11103District 06Field 65379500OilCasinghead gasSaveExport
Value, all time
$722 k
Jan 1993 – Mar 2010
Value, last 12 filed months
$37 k
at the published price for each month
Months reported
207
no gaps in the span
Streams
2
oil, casinghead gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 14 leases and 27 wells, and the rule below applies to all of them.

Discovered
1953-10-13
as the register files it
Field class
Oil
the register's own label
Between wells
1,320 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 acres.

The Commission's schedule remark for this field reads: PER DOCKET 6-78604

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
OilDisposition26,235 bbl$721,661
Casinghead gasProduction19 Mcf$0
Total$721,661

19 Mcf of this lease's gas, across 19 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (2)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 32.9784, -95.1227. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

32.97839, -95.12273 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
50.0%
1 of 2 wells
With a plug date
50.0%
1 of 2 wells
Median depth
8,301 ft
2 wells filed one
Completion to plug
28.2 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
150.0%
A plug date is filed
150.0%
BothOn the schedule and plugged. Neither fact cancels the other.
150.0%
NeitherNo plug date, and not on the schedule.
150.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

Between 8,300 and 8,301 ft, median 8,301 ft, over the 2 wells that filed a depth.

Completions filed
Jul 1983 – Nov 2016
2 of 2 wells
Plug dates filed
Sep 2011
1 of 2 wells; 1 filed none

Last completion to plug: a median of 28.2 years across the 1 well that filed both dates, with the middle half between 28.2 years and 28.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-0633028428,301 ftNov 2016
42-0633023118,300 ftJul 1983Sep 2011Yes

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (207)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

207 months

Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 201033074.365.96$2,454
Dec 2009160071.445.48$11,430
Nov 20091074.593.75$75
Oct 20090072.544.11$0
Sep 2009169065.543.06$11,076
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 2009186066.163.90$12,306
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 2009172042.144.06$7,248
Feb 20090032.814.63$0
Jan 20093035.865.37$108
Dec 2008141037.105.98$5,231
Nov 20080055.496.86$0
Oct 2008187075.246.92$14,070
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 20081570131.0811.39$20,580
Jun 200800131.3313.03$0
May 20081770123.1711.57$21,801
Apr 200800110.3110.45$0
Mar 20081770101.909.66$18,036
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 2007175088.337.30$15,458
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 2007178075.846.24$13,500
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 2007171062.007.55$10,602
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 2007182056.927.30$10,359
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 2006164056.656.92$9,291
Nov 20060054.207.62$0
Oct 2006181054.906.01$9,937
Sep 20060060.085.04$0
Aug 2006168068.717.34$11,543
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 2006172066.016.42$11,354
Apr 20060064.397.36$0
Mar 2006171056.707.08$9,696
Feb 20060057.597.75$0
Jan 2006172060.598.93$10,421
Dec 20050054.9413.42$0
Nov 2005178054.6910.59$9,735
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 2005169061.519.80$10,395
Jul 20050055.697.84$0
Jun 2005183052.337.38$9,576
May 20050045.226.65$0
Apr 2005183049.207.36$9,004
Mar 20050050.377.15$0
Feb 2005185045.226.31$8,366
Jan 20050043.166.32$0
Dec 2004176039.866.75$7,015
Nov 20040045.286.33$0
Oct 2004178049.706.52$8,847
Sep 2004176043.245.28$7,610
Aug 20040042.375.55$0
Jul 2004177038.286.08$6,776
Jun 20040036.106.43$0
May 2004172037.486.49$6,447
Apr 20040034.475.86$0
Mar 2004178034.365.53$6,116
Feb 2004181032.455.51$5,873
Jan 20040032.036.30$0
Dec 2003176030.266.30$5,326
Nov 20030028.804.60$0
Oct 2003178028.174.76$5,014
Sep 20030026.314.75$0
Aug 2003182029.765.13$5,416
Jul 2003177029.415.17$5,206
Jun 20030028.565.98$0
May 2003178026.595.97$4,733
Apr 2003175026.675.41$4,667
Mar 20030031.146.10$0
Feb 2003168033.487.93$5,625
Jan 2003191030.315.58$5,789
Dec 20020026.914.85$0
Nov 2002184024.664.14$4,537
Oct 2002185026.464.23$4,895
Sep 20020027.443.64$0
Aug 2002173025.963.16$4,491
Jul 20020024.583.06$0
Jun 2002180023.733.34$4,271
May 2002177024.663.58$4,365
Apr 20020023.653.51$0
Mar 2002180022.003.10$3,960
Feb 2002173018.222.38$3,152
Jan 2002167017.172.38$2,867
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 2001180019.782.53$3,560
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 2001185023.933.20$4,427
Jun 20010024.563.82$0
May 2001180025.524.31$4,594
Apr 20010024.685.34$0
Mar 2001180024.545.38$4,417
Feb 2001179027.755.77$4,967
Jan 20010027.478.40$0
Dec 2000165026.889.12$4,435
Nov 20000032.215.66$0
Oct 2000177031.235.15$5,528
Sep 20000031.875.19$0
Aug 2000168029.644.54$4,980
Jul 2000177028.534.09$5,050
Jun 20000029.304.40$0
May 2000179027.263.68$4,880
Apr 2000186024.513.12$4,559
Mar 20000028.422.86$0
Feb 2000178027.622.73$4,916
Jan 20000025.272.48$0
Dec 1999179024.282.42$4,346
Nov 1999177023.192.43$4,105
Oct 19990020.982.80$0
Sep 1999179021.752.62$3,893
Aug 1999179019.262.88$3,448
Jul 1999181017.892.37$3,238
Jun 19990015.942.36$0
May 1999194015.792.32$3,063
Apr 1999187015.102.21$2,824
Mar 1999184012.471.84$2,294
Feb 199917209.981.82$1,717
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 1998180010.892.19$1,960
Oct 1998180012.421.97$2,236
Sep 1998165012.592.08$2,077
Aug 19980011.301.91$0
Jul 1998179011.742.24$2,101
Jun 1998189011.242.24$2,124
May 19980012.622.21$0
Apr 1998182013.042.51$2,373
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 1998179014.702.15$2,631
Dec 19970016.322.41$0
Nov 1997167018.193.09$3,038
Oct 1997182019.253.15$3,504
Sep 1997177017.742.95$3,140
Aug 1997179017.862.55$3,197
Jul 1997181017.582.25$3,182
Jun 1997188017.242.26$3,241
May 19970018.972.31$0
Apr 1997183017.882.08$3,272
Mar 19970018.951.94$0
Feb 1997182020.492.21$3,729
Jan 19970023.483.54$0
Dec 1996183023.32$4,268
Nov 1996183021.97$4,021
Oct 19960023.31$0
Sep 1996180022.22$4,000
Aug 1996187020.26$3,789
Jul 19960019.55$0
Jun 1996180018.73$3,371
May 1996181019.43$3,517
Apr 1996189021.51$4,065
Mar 19960019.38$0
Feb 1996189016.98$3,209
Jan 19960017.07$0
Dec 1995185017.19$3,180
Nov 1995192016.00$3,072
Oct 1995190015.43$2,932
Sep 19950016.18$0
Aug 19950015.92$0
Jul 19950015.24$0
Jun 19950016.41$0
May 19950017.56$0
Apr 19950017.73$0
Mar 19950016.44$0
Feb 19950016.58$0
Jan 19950015.92$0
Dec 1994179015.03$2,690
Nov 19940015.90$0
Oct 19940015.58$0
Sep 199478115.29$1,193
Aug 19944116.13$65
Jul 19940017.56$0
Jun 19940017.09$0
May 1994188115.88$2,985
Apr 1994192114.14$2,715
Mar 1994381112.46$4,747
Feb 1994374112.50$4,675
Jan 1994511112.66$6,469
Dec 1993559112.33$6,892
Nov 1993548114.49$7,941
Oct 1993547115.85$8,670
Sep 1993753115.03$11,318
Aug 1993386115.66$6,045
Jul 1993723115.46$11,178
Jun 1993718116.79$12,055
May 1993541117.68$9,565
Apr 1993731118.05$13,195
Mar 1993917118.14$16,634
Feb 1993392117.90$7,017
Jan 1993738116.93$12,494

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

Jan 2010 — as filed, then multipliedworked
Oil                   33 bbl  × $ 74.36 =     $2,454
Casinghead gas         0 Mcf  × $  5.96 =         $0

────────────────────────────────────────────────────
Month total                                   $2,454

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 06/O/11103 is the state's own key, not one this site invented.