TEXAS UTILITIES "B"

Operated by FAULCONER ENERGY, LLC (P-5 263648) in the LANEVILLE, NE. (PETTIT, LO.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 14918District 06Field 51894500OilCasinghead gasSaveExport
Value, all time
$1.2 M
Sep 2009 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
201
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 35 leases and 42 wells, and the rule below applies to all of them.

Discovered
1978-08-18
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: NET GOR 750 MCF/DAY

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
OilDisposition11,986 bbl$829,267
Casinghead gasProduction120,156 Mcf$411,600
Total$1,240,867

Wells on this lease (1)

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 32.0527, -94.7422. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.05266, -94.74223 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
7,565 ft
1 wells filed one
Completion to plug
36.4 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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

The one well that filed a depth was drilled to 7,565 ft.

Completions filed
May 1987
1 of 1 wells
Plug dates filed
Oct 2023
1 of 1 wells

Last completion to plug: a median of 36.4 years across the 1 well that filed both dates, with the middle half between 36.4 years and 36.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4013164717,565 ftMay 1987Oct 2023Yes

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 (201)

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

201 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 202328078.122.24$2,187
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210261.302.72$5
Feb 20210057.805.55$0
Jan 20210350.412.81$8
Dec 20200244.642.68$5
Nov 2020012438.772.71$336
Oct 202010522036.972.48$4,427
Sep 2020061337.091.99$1,221
Aug 202018460339.982.39$8,795
Jul 2020464138.371.83$1,323
Jun 202016667434.901.69$6,933
May 2020074216.921.81$1,347
Apr 2020074414.751.80$1,342
Mar 2020075230.341.86$1,396
Feb 202016272749.881.98$9,521
Jan 2020071457.252.09$1,496
Dec 201916871159.012.30$11,552
Nov 2019080155.302.75$2,203
Oct 2019080053.472.42$1,935
Sep 201917076255.052.66$11,383
Aug 201917971453.112.30$11,152
Jul 2019062756.272.46$1,542
Jun 2019057452.782.49$1,430
May 2019055258.482.74$1,513
Apr 2019037762.632.75$1,037
Mar 201918350456.803.06$11,938
Feb 2019060150.852.79$1,678
Jan 2019044146.033.23$1,424
Dec 2018034346.594.19$1,436
Nov 20181841,06252.934.24$14,239
Oct 20181821,48761.443.40$16,235
Sep 201801,11659.543.11$3,469
Aug 20181821,57159.403.07$15,628
Jul 20181701,63365.142.93$15,862
Jun 201801,31360.183.08$4,040
May 201818234865.382.90$12,909
Apr 2018041363.842.90$1,198
Mar 2018052561.222.79$1,463
Feb 2018042961.782.77$1,187
Jan 201816744962.874.01$12,299
Dec 2017044457.272.92$1,297
Nov 2017054155.423.12$1,687
Oct 2017066849.292.98$1,993
Sep 201718572547.523.09$11,029
Aug 2017088545.373.00$2,659
Jul 2017073943.873.09$2,282
Jun 2017044842.493.09$1,383
May 201717945845.373.26$9,616
Apr 2017053347.933.21$1,712
Mar 2017074846.772.98$2,232
Feb 20171841,07450.452.95$12,454
Jan 201701,19749.413.42$4,092
Dec 20161791,16948.763.72$13,080
Nov 20161821,20542.492.64$10,920
Oct 201601,21946.193.09$3,767
Sep 20161781,23841.553.10$11,234
Aug 201601,22841.442.92$3,591
Jul 20161811,25441.622.92$11,200
Jun 20161831,02945.352.69$11,063
May 2016046042.521.99$916
Apr 2016044236.561.99$880
Mar 201601,24533.011.79$2,234
Feb 20161771,00826.472.06$6,765
Jan 20161881,27327.352.36$8,152
Dec 201501,24532.362.00$2,492
Nov 20151801,29238.792.17$9,782
Oct 201501,38643.552.43$3,363
Sep 20151831,27042.992.76$11,370
Aug 20151761,38840.162.87$11,055
Jul 20151841,49248.152.95$13,254
Jun 20151891,20356.152.88$14,080
May 201501,47455.212.96$4,356
Apr 201521,43149.822.71$3,973
Mar 20151781,24542.892.93$11,288
Feb 20151901,27044.662.98$12,265
Jan 20151851,23243.433.10$11,855
Dec 201401,46754.693.59$5,269
Nov 20141841,39670.464.25$18,900
Oct 20141831,62578.303.90$20,668
Sep 201411,46186.164.05$5,997
Aug 20141841,58089.394.04$22,823
Jul 20141841,54896.564.18$24,237
Jun 201411,48498.164.74$7,128
May 20141881,54794.734.73$25,121
Apr 201401,48895.944.81$7,156
Mar 20141941,37195.895.06$25,536
Feb 2014087097.406.19$5,387
Jan 20141801,74890.404.86$24,769
Dec 20131811,75591.824.35$24,262
Nov 20132581,53088.853.74$28,643
Oct 201301,60697.423.78$6,070
Sep 20131731,554104.113.72$23,788
Aug 20133631,447104.253.52$42,940
Jul 20131861,323102.523.72$23,987
Jun 201301,13194.403.93$4,449
May 201319063794.834.15$20,661
Apr 201315526993.964.28$15,716
Mar 2013014793.623.91$575
Feb 2013013791.233.42$469
Jan 2013113691.603.42$557
Dec 2012025786.773.42$879
Nov 201217353086.953.62$16,964
Oct 2012069689.383.40$2,366
Sep 201218947094.672.92$19,264
Aug 2012032592.662.91$945
Jul 2012134385.133.02$1,121
Jun 201213128979.822.52$11,184
May 2012039791.612.49$988
Apr 20121772101.652.00$1,643
Mar 2012195723105.052.22$22,091
Feb 20123867101.102.57$2,532
Jan 20121951,01198.092.73$21,892
Dec 2011186496.873.24$2,896
Nov 201118560495.723.31$19,708
Oct 2011062484.983.65$2,277
Sep 201118054683.623.99$17,228
Aug 2011141683.404.15$1,810
Jul 201117716394.144.52$17,399
Jun 2011159892.904.64$2,868
May 201117067198.134.40$19,638
Apr 20112789105.964.33$3,631
Mar 2011290996.364.06$3,881
Feb 20111781,45385.644.18$21,317
Jan 201116852586.504.59$16,941
Dec 2010156185.734.35$2,525
Nov 201017159180.843.80$16,067
Oct 2010158878.103.51$2,141
Sep 201016949172.633.98$14,228
Aug 2010078573.684.42$3,469
Jul 20101811,25872.554.74$19,090
Jun 2010170270.364.91$3,517
May 201016265171.124.24$14,279
Apr 201018064381.694.12$17,355
Mar 201001,41278.394.39$6,197
Feb 20101601,36873.585.44$19,218
Jan 20101702,10574.365.96$25,196
Dec 2009063571.445.48$3,482
Nov 200916061574.593.75$14,242
Oct 200917285972.544.11$16,008
Sep 2009092165.543.06$2,823

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.

Apr 2023 — as filed, then multipliedworked
Oil                   28 bbl  × $ 78.12 =     $2,187
Casinghead gas         0 Mcf  × $  2.24 =         $0

────────────────────────────────────────────────────
Month total                                   $2,187

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/14918 is the state's own key, not one this site invented.