FAMILY LAND HERITAGE TRUST

Name: FAMILY LAND HERITAGE TRUST lease production and value, Aug 1997 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by GEO-VEST OF TEXAS, INC. (P-5 300267) in the DANVILLE (TRAVIS PEAK CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 13704District 06Field 23089812OilCasinghead gasSave Export

Value, all time

$2.8 M

Aug 1997 – Jun 2008

Value, last 12 filed months

$51 k

at the published price for each month

Months reported

131

no gaps in the span

Streams

oil, casinghead gas

The DANVILLE (TRAVIS PEAK CONS.) field

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 85 leases and 87 wells, and the rule below applies to all of them.

Discovered

1993-11-22

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,200 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1999-11-02.

The Commission's schedule remark for this field reads: “PER DOCKET #06-0254453.”

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.

Stream	Basis	Volume	Value
Oil	Disposition	33,461 bbl	$806,442
Casinghead gas	Production	450,559 Mcf	$2,025,636
Total			$2,832,077

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 32.4008, -94.8106. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

32.40084, -94.81058 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

100.0%

2 of 2 wells

With a plug date

0.0%

0 of 2 wells

Median depth

9,928 ft

2 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

2100.0%

A plug date is filed

00.0%

BothOn the schedule and plugged. Neither fact cancels the other.

00.0%

NeitherNo plug date, and not on the schedule.

00.0%

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 9,006 and 10,850 ft, median 9,928 ft, over the 2 wells that filed a depth.

Completions filed

Mar 1994 – Sep 2009

2 of 2 wells

2 wells


42-18330553	2	10,850 ft	Sep 2009	—	Yes
42-18331061	3	9,006 ft	Mar 1994	—	Yes

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 (131)

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

131 months


Jun 2008	0	0	131.33	13.03	$0
May 2008	0	0	123.17	11.57	$0
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	5	589	90.38	8.21	$5,285
Dec 2007	0	656	88.33	7.30	$4,790
Nov 2007	7	1,204	91.67	7.29	$9,421
Oct 2007	11	1,364	82.85	6.92	$10,353
Sep 2007	14	998	75.84	6.24	$7,293
Aug 2007	12	1,057	69.06	6.39	$7,581
Jul 2007	0	949	70.90	6.39	$6,062
Jun 2007	27	1,108	62.00	7.55	$10,038
May 2007	29	1,127	58.74	7.85	$10,546
Apr 2007	24	1,060	59.61	7.81	$9,704
Mar 2007	26	1,050	56.92	7.30	$9,147
Feb 2007	10	965	55.10	8.22	$8,479
Jan 2007	0	986	50.30	6.73	$6,633
Dec 2006	1	1,133	56.65	6.92	$7,895
Nov 2006	10	721	54.20	7.62	$6,034
Oct 2006	22	787	54.90	6.01	$5,941
Sep 2006	49	907	60.08	5.04	$7,513
Aug 2006	65	881	68.71	7.34	$10,933
Jul 2006	42	788	69.37	6.34	$7,912
Jun 2006	0	887	66.28	6.38	$5,663
May 2006	94	2,472	66.01	6.42	$22,088
Apr 2006	109	3,560	64.39	7.36	$33,222
Mar 2006	231	1,036	56.70	7.08	$20,436
Feb 2006	52	2,422	57.59	7.75	$21,768
Jan 2006	62	4,531	60.59	8.93	$44,233
Dec 2005	0	1,912	54.94	13.42	$25,650
Nov 2005	0	201	54.69	10.59	$2,128
Oct 2005	44	710	58.34	13.80	$12,362
Sep 2005	0	4,002	61.45	12.08	$48,340
Aug 2005	120	6,293	61.51	9.80	$69,033
Jul 2005	148	4,339	55.69	7.84	$42,276
Jun 2005	75	1,613	52.33	7.38	$15,830
May 2005	160	2,010	45.22	6.65	$20,604
Apr 2005	327	2,061	49.20	7.36	$31,258
Mar 2005	0	5,314	50.37	7.15	$38,021
Feb 2005	155	4,308	45.22	6.31	$34,201
Jan 2005	0	5,882	43.16	6.32	$37,187
Dec 2004	180	6,503	39.86	6.75	$51,077
Nov 2004	165	9,239	45.28	6.33	$65,958
Oct 2004	360	9,327	49.70	6.52	$78,658
Sep 2004	300	9,767	43.24	5.28	$64,580
Aug 2004	0	3,768	42.37	5.55	$20,915
Jul 2004	297	1,669	38.28	6.08	$21,524
Jun 2004	182	1,504	36.10	6.43	$16,245
May 2004	177	1,482	37.48	6.49	$16,259
Apr 2004	178	2,628	34.47	5.86	$21,532
Mar 2004	182	3,649	34.36	5.53	$26,433
Feb 2004	550	3,075	32.45	5.51	$34,790
Jan 2004	0	1,430	32.03	6.30	$9,008
Dec 2003	0	656	30.26	6.30	$4,134
Nov 2003	189	2,379	28.80	4.60	$16,375
Oct 2003	179	4,798	28.17	4.76	$27,879
Sep 2003	365	2,710	26.31	4.75	$22,474
Aug 2003	180	3,799	29.76	5.13	$24,845
Jul 2003	188	1,936	29.41	5.17	$15,540
Jun 2003	185	2,707	28.56	5.98	$21,479
May 2003	184	2,447	26.59	5.97	$19,508
Apr 2003	365	3,053	26.67	5.41	$26,243
Mar 2003	306	2,463	31.14	6.10	$24,543
Feb 2003	164	1,922	33.48	7.93	$20,724
Jan 2003	330	3,528	30.31	5.58	$29,696
Dec 2002	154	2,283	26.91	4.85	$15,225
Nov 2002	164	4,034	24.66	4.14	$20,733
Oct 2002	317	297	26.46	4.23	$9,644
Sep 2002	355	2,738	27.44	3.64	$19,694
Aug 2002	320	2,367	25.96	3.16	$15,797
Jul 2002	166	2,512	24.58	3.06	$11,771
Jun 2002	332	4,101	23.73	3.34	$21,568
May 2002	507	4,547	24.66	3.58	$28,799
Apr 2002	172	3,410	23.65	3.51	$16,045
Mar 2002	339	4,274	22.00	3.10	$20,719
Feb 2002	359	4,260	18.22	2.38	$16,661
Jan 2002	346	5,345	17.17	2.38	$18,639
Dec 2001	549	6,898	16.93	2.36	$25,604
Nov 2001	165	6,255	18.07	2.41	$18,028
Oct 2001	169	3,778	19.78	2.53	$12,897
Sep 2001	329	4,667	24.26	2.25	$18,488
Aug 2001	349	4,546	24.87	3.05	$22,559
Jul 2001	334	4,716	23.93	3.20	$23,070
Jun 2001	305	6,384	24.56	3.82	$31,904
May 2001	410	7,357	25.52	4.31	$42,152
Apr 2001	172	2,858	24.68	5.34	$19,493
Mar 2001	189	1,179	24.54	5.38	$10,977
Feb 2001	357	5,065	27.75	5.77	$39,117
Jan 2001	366	5,186	27.47	8.40	$53,610
Dec 2000	541	5,854	26.88	9.12	$67,945
Nov 2000	360	6,689	32.21	5.66	$49,442
Oct 2000	366	4,323	31.23	5.15	$33,674
Sep 2000	358	3,913	31.87	5.19	$31,704
Aug 2000	537	4,985	29.64	4.54	$38,552
Jul 2000	362	5,783	28.53	4.09	$33,979
Jun 2000	381	6,245	29.30	4.40	$38,624
May 2000	193	4,389	27.26	3.68	$21,412
Apr 2000	197	2,462	24.51	3.12	$12,500
Mar 2000	374	3,041	28.42	2.86	$19,326
Feb 2000	391	4,607	27.62	2.73	$23,360
Jan 2000	376	4,002	25.27	2.48	$19,428
Dec 1999	553	4,519	24.28	2.42	$24,380
Nov 1999	365	6,032	23.19	2.43	$23,146
Oct 1999	715	6,322	20.98	2.80	$32,726
Sep 1999	468	5,102	21.75	2.62	$23,540
Aug 1999	389	3,915	19.26	2.88	$18,750
Jul 1999	516	4,515	17.89	2.37	$19,942
Jun 1999	545	4,223	15.94	2.36	$18,662
May 1999	521	3,728	15.79	2.32	$16,879
Apr 1999	526	4,239	15.10	2.21	$17,303
Mar 1999	556	4,320	12.47	1.84	$14,875
Feb 1999	556	3,504	9.98	1.82	$11,918
Jan 1999	579	4,283	10.38	1.90	$14,148
Dec 1998	393	3,344	9.20	1.77	$9,546
Nov 1998	390	3,107	10.89	2.19	$11,038
Oct 1998	581	4,206	12.42	1.97	$15,499
Sep 1998	550	5,779	12.59	2.08	$18,960
Aug 1998	551	4,519	11.30	1.91	$14,846
Jul 1998	543	4,356	11.74	2.24	$16,120
Jun 1998	354	3,764	11.24	2.24	$12,400
May 1998	365	2,809	12.62	2.21	$10,804
Apr 1998	548	4,425	13.04	2.51	$18,232
Mar 1998	673	5,117	12.80	2.31	$20,432
Feb 1998	334	3,548	13.95	2.30	$12,817
Jan 1998	535	5,283	14.70	2.15	$19,248
Dec 1997	711	5,047	16.32	2.41	$23,772
Nov 1997	419	6,268	18.19	3.09	$26,979
Oct 1997	712	6,667	19.25	3.15	$34,706
Sep 1997	473	6,614	17.74	2.95	$27,935
Aug 1997	242	7,332	17.86	2.55	$23,053

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 2008 — as filed, then multipliedworked

Oil                    5 bbl  × $ 90.38 =       $452
Casinghead gas       589 Mcf  × $  8.21 =     $4,833

────────────────────────────────────────────────────
Month total                                   $5,285

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/13704 is the state's own key, not one this site invented.