FEE "Q"

Name: FEE "Q" lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by FASKEN OIL AND RANCH, LTD. (P-5 263696) in the INEZ (DEEP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 122542District 08Field 44521350Hydrogen sulphide fieldCondensateGasSave Export

Value, all time

$611 k

Jan 1993 – Sep 2018

Value, last 12 filed months

$2 k

at the published price for each month

Months reported

309

no gaps in the span

Streams

condensate, gas

The INEZ (DEEP) 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 12 leases and 29 wells, and the rule below applies to all of them.

Discovered

1989-03-01

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,400 ft

minimum

From a lease line

550 ft

minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1989-03-01.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: “EFF 05/21/2019”

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
Condensate	Disposition	5 bbl	$448
Gas	Production	179,754 Mcf	$610,172
Total			$610,620

54,153 Mcf of this lease's gas, across 48 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 (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 32.1673, -102.3900. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.16732, -102.39001 · 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%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

12,779 ft

1 wells filed one

Completion to plug

3 months

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 12,779 ft.

Completions filed

Jun 2018

1 of 1 wells

Plug dates filed

Sep 2018

1 of 1 wells

Last completion to plug: a median of 3 months across the 1 well that filed both dates, with the middle half between 3 months and 3 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-00310134	4	12,779 ft	Jun 2018	Sep 2018	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 (309)

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

309 months


Sep 2018	1	1	59.54	3.11	$63
Aug 2018	0	0	59.40	3.07	$0
Jul 2018	0	0	65.14	2.93	$0
Jun 2018	0	0	60.18	3.08	$0
May 2018	0	1	65.38	2.90	$3
Apr 2018	0	112	63.84	2.90	$325
Mar 2018	0	234	61.22	2.79	$652
Feb 2018	0	38	61.78	2.77	$105
Jan 2018	0	38	62.87	4.01	$152
Dec 2017	0	24	57.27	2.92	$70
Nov 2017	0	39	55.42	3.12	$122
Oct 2017	0	31	49.29	2.98	$92
Sep 2017	0	34	47.52	3.09	$105
Aug 2017	0	29	45.37	3.00	$87
Jul 2017	0	26	43.87	3.09	$80
Jun 2017	0	36	42.49	3.09	$111
May 2017	0	21	45.37	3.26	$69
Apr 2017	0	10	47.93	3.21	$32
Mar 2017	0	13	46.77	2.98	$39
Feb 2017	0	21	50.45	2.95	$62
Jan 2017	0	29	49.41	3.42	$99
Dec 2016	0	22	48.76	3.72	$82
Nov 2016	0	44	42.49	2.64	$116
Oct 2016	0	47	46.19	3.09	$145
Sep 2016	0	19	41.55	3.10	$59
Aug 2016	0	59	41.44	2.92	$173
Jul 2016	0	36	41.62	2.92	$105
Jun 2016	0	41	45.35	2.69	$110
May 2016	0	38	42.52	1.99	$76
Apr 2016	0	56	36.56	1.99	$112
Mar 2016	0	65	33.01	1.79	$117
Feb 2016	0	66	26.47	2.06	$136
Jan 2016	0	11	27.35	2.36	$26
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	0	1	38.79	2.17	$2
Oct 2015	0	0	43.55	2.43	$0
Sep 2015	0	47	42.99	2.76	$130
Aug 2015	0	65	40.16	2.87	$187
Jul 2015	0	50	48.15	2.95	$147
Jun 2015	0	21	56.15	2.88	$61
May 2015	0	27	55.21	2.96	$80
Apr 2015	0	51	49.82	2.71	$138
Mar 2015	0	55	42.89	2.93	$161
Feb 2015	0	52	44.66	2.98	$155
Jan 2015	0	36	43.43	3.10	$112
Dec 2014	0	3	54.69	3.59	$11
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	35	95.94	4.81	$168
Mar 2014	0	60	95.89	5.06	$303
Feb 2014	0	49	97.40	6.19	$303
Jan 2014	0	63	90.40	4.86	$306
Dec 2013	0	53	91.82	4.35	$231
Nov 2013	0	38	88.85	3.74	$142
Oct 2013	0	13	97.42	3.78	$49
Sep 2013	0	20	104.11	3.72	$74
Aug 2013	0	8	104.25	3.52	$28
Jul 2013	0	3	102.52	3.72	$11
Jun 2013	0	2	94.40	3.93	$8
May 2013	0	7	94.83	4.15	$29
Apr 2013	0	12	93.96	4.28	$51
Mar 2013	0	30	93.62	3.91	$117
Feb 2013	0	35	91.23	3.42	$120
Jan 2013	0	1	91.60	3.42	$3
Dec 2012	0	13	86.77	3.42	$44
Nov 2012	0	7	86.95	3.62	$25
Oct 2012	0	13	89.38	3.40	$44
Sep 2012	0	24	94.67	2.92	$70
Aug 2012	0	25	92.66	2.91	$73
Jul 2012	0	14	85.13	3.02	$42
Jun 2012	0	25	79.82	2.52	$63
May 2012	0	34	91.61	2.49	$85
Apr 2012	0	17	101.65	2.00	$34
Mar 2012	0	24	105.05	2.22	$53
Feb 2012	0	48	101.10	2.57	$123
Jan 2012	0	85	98.09	2.73	$232
Dec 2011	0	24	96.87	3.24	$78
Nov 2011	0	28	95.72	3.31	$93
Oct 2011	0	5	84.98	3.65	$18
Sep 2011	0	120	83.62	3.99	$478
Aug 2011	0	12	83.40	4.15	$50
Jul 2011	0	2	94.14	4.52	$9
Jun 2011	0	341	92.90	4.64	$1,582
May 2011	0	475	98.13	4.40	$2,092
Apr 2011	0	562	105.96	4.33	$2,435
Mar 2011	0	534	96.36	4.06	$2,167
Feb 2011	0	640	85.64	4.18	$2,675
Jan 2011	0	467	86.50	4.59	$2,143
Dec 2010	0	552	85.73	4.35	$2,400
Nov 2010	0	671	80.84	3.80	$2,547
Oct 2010	0	756	78.10	3.51	$2,653
Sep 2010	0	363	72.63	3.98	$1,445
Aug 2010	0	404	73.68	4.42	$1,785
Jul 2010	0	416	72.55	4.74	$1,970
Jun 2010	0	403	70.36	4.91	$1,979
May 2010	0	431	71.12	4.24	$1,825
Apr 2010	0	437	81.69	4.12	$1,802
Mar 2010	0	454	78.39	4.39	$1,992
Feb 2010	0	427	73.58	5.44	$2,324
Jan 2010	0	476	74.36	5.96	$2,839
Dec 2009	0	425	71.44	5.48	$2,331
Nov 2009	0	449	74.59	3.75	$1,684
Oct 2009	0	717	72.54	4.11	$2,947
Sep 2009	0	445	65.54	3.06	$1,364
Aug 2009	0	459	67.42	3.22	$1,477
Jul 2009	0	511	61.13	3.46	$1,770
Jun 2009	0	487	66.16	3.90	$1,897
May 2009	0	546	54.74	3.93	$2,143
Apr 2009	0	617	46.77	3.59	$2,213
Mar 2009	0	676	42.14	4.06	$2,744
Feb 2009	0	581	32.81	4.63	$2,692
Jan 2009	0	77	35.86	5.37	$414
Dec 2008	0	221	37.10	5.98	$1,321
Nov 2008	0	291	55.49	6.86	$1,996
Oct 2008	0	599	75.24	6.92	$4,146
Sep 2008	0	336	101.76	7.88	$2,647
Aug 2008	0	549	114.22	8.48	$4,657
Jul 2008	0	768	131.08	11.39	$8,747
Jun 2008	0	289	131.33	13.03	$3,766
May 2008	0	494	123.17	11.57	$5,718
Apr 2008	0	475	110.31	10.45	$4,966
Mar 2008	2	399	101.90	9.66	$4,060
Feb 2008	2	435	92.53	8.77	$4,000
Jan 2008	0	464	90.38	8.21	$3,807
Dec 2007	0	472	88.33	7.30	$3,447
Nov 2007	0	449	91.67	7.29	$3,274
Oct 2007	0	482	82.85	6.92	$3,336
Sep 2007	0	446	75.84	6.24	$2,785
Aug 2007	0	499	69.06	6.39	$3,188
Jul 2007	0	475	70.90	6.39	$3,034
Jun 2007	0	487	62.00	7.55	$3,676
May 2007	0	463	58.74	7.85	$3,633
Apr 2007	0	442	59.61	7.81	$3,450
Mar 2007	0	519	56.92	7.30	$3,790
Feb 2007	0	406	55.10	8.22	$3,336
Jan 2007	0	407	50.30	6.73	$2,738
Dec 2006	0	522	56.65	6.92	$3,611
Nov 2006	0	326	54.20	7.62	$2,483
Oct 2006	0	607	54.90	6.01	$3,650
Sep 2006	0	475	60.08	5.04	$2,393
Aug 2006	0	671	68.71	7.34	$4,925
Jul 2006	0	861	69.37	6.34	$5,461
Jun 2006	0	559	66.28	6.38	$3,569
May 2006	0	598	66.01	6.42	$3,842
Apr 2006	0	726	64.39	7.36	$5,344
Mar 2006	0	804	56.70	7.08	$5,695
Feb 2006	0	747	57.59	7.75	$5,790
Jan 2006	0	646	60.59	8.93	$5,771
Dec 2005	0	614	54.94	13.42	$8,237
Nov 2005	0	781	54.69	10.59	$8,270
Oct 2005	0	830	58.34	13.80	$11,450
Sep 2005	0	631	61.45	12.08	$7,622
Aug 2005	0	747	61.51	9.80	$7,318
Jul 2005	0	809	55.69	7.84	$6,346
Jun 2005	0	892	52.33	7.38	$6,584
May 2005	0	968	45.22	6.65	$6,438
Apr 2005	0	879	49.20	7.36	$6,470
Mar 2005	0	589	50.37	7.15	$4,214
Feb 2005	0	680	45.22	6.31	$4,292
Jan 2005	0	832	43.16	6.32	$5,260
Dec 2004	0	885	39.86	6.75	$5,975
Nov 2004	0	886	45.28	6.33	$5,609
Oct 2004	0	1,013	49.70	6.52	$6,600
Sep 2004	0	892	43.24	5.28	$4,713
Aug 2004	0	878	42.37	5.55	$4,873
Jul 2004	0	916	38.28	6.08	$5,573
Jun 2004	0	850	36.10	6.43	$5,468
May 2004	0	815	37.48	6.49	$5,293
Apr 2004	0	793	34.47	5.86	$4,646
Mar 2004	0	892	34.36	5.53	$4,933
Feb 2004	0	854	32.45	5.51	$4,705
Jan 2004	0	923	32.03	6.30	$5,815
Dec 2003	0	848	30.26	6.30	$5,344
Nov 2003	0	929	28.80	4.60	$4,269
Oct 2003	0	1,027	28.17	4.76	$4,888
Sep 2003	0	931	26.31	4.75	$4,422
Aug 2003	0	986	29.76	5.13	$5,058
Jul 2003	0	969	29.41	5.17	$5,011
Jun 2003	0	632	28.56	5.98	$3,781
May 2003	0	961	26.59	5.97	$5,740
Apr 2003	0	772	26.67	5.41	$4,174
Mar 2003	0	943	31.14	6.10	$5,749
Feb 2003	0	848	33.48	7.93	$6,721
Jan 2003	0	710	30.31	5.58	$3,963
Dec 2002	0	832	26.91	4.85	$4,038
Nov 2002	0	916	24.66	4.14	$3,789
Oct 2002	0	1,001	26.46	4.23	$4,233
Sep 2002	0	893	27.44	3.64	$3,246
Aug 2002	0	752	25.96	3.16	$2,379
Jul 2002	0	931	24.58	3.06	$2,851
Jun 2002	0	978	23.73	3.34	$3,265
May 2002	0	1,010	24.66	3.58	$3,620
Apr 2002	0	950	23.65	3.51	$3,337
Mar 2002	0	818	22.00	3.10	$2,538
Feb 2002	0	964	18.22	2.38	$2,290
Jan 2002	0	917	17.17	2.38	$2,179
Dec 2001	0	935	16.93	2.36	$2,211
Nov 2001	0	802	18.07	2.41	$1,929
Oct 2001	0	1,022	19.78	2.53	$2,585
Sep 2001	0	885	24.26	2.25	$1,992
Aug 2001	0	575	24.87	3.05	$1,756
Jul 2001	0	787	23.93	3.20	$2,516
Jun 2001	0	684	24.56	3.82	$2,616
May 2001	0	575	25.52	4.31	$2,477
Apr 2001	0	655	24.68	5.34	$3,495
Mar 2001	0	713	24.54	5.38	$3,833
Feb 2001	0	1,040	27.75	5.77	$5,998
Jan 2001	0	1,336	27.47	8.40	$11,221
Dec 2000	0	954	26.88	9.12	$8,703
Nov 2000	0	538	32.21	5.66	$3,044
Oct 2000	0	670	31.23	5.15	$3,447
Sep 2000	0	735	31.87	5.19	$3,812
Aug 2000	0	911	29.64	4.54	$4,137
Jul 2000	0	1,040	28.53	4.09	$4,253
Jun 2000	0	1,147	29.30	4.40	$5,044
May 2000	0	1,066	27.26	3.68	$3,923
Apr 2000	0	1,217	24.51	3.12	$3,792
Mar 2000	0	590	28.42	2.86	$1,687
Feb 2000	0	701	27.62	2.73	$1,911
Jan 2000	0	717	25.27	2.48	$1,779
Dec 1999	0	732	24.28	2.42	$1,774
Nov 1999	0	790	23.19	2.43	$1,923
Oct 1999	0	784	20.98	2.80	$2,198
Sep 1999	0	684	21.75	2.62	$1,791
Aug 1999	0	536	19.26	2.88	$1,541
Jul 1999	0	689	17.89	2.37	$1,635
Jun 1999	0	460	15.94	2.36	$1,087
May 1999	0	620	15.79	2.32	$1,439
Apr 1999	0	728	15.10	2.21	$1,607
Mar 1999	0	695	12.47	1.84	$1,278
Feb 1999	0	597	9.98	1.82	$1,085
Jan 1999	0	821	10.38	1.90	$1,560
Dec 1998	0	699	9.20	1.77	$1,240
Nov 1998	0	886	10.89	2.19	$1,937
Oct 1998	0	743	12.42	1.97	$1,463
Sep 1998	0	875	12.59	2.08	$1,822
Aug 1998	0	1,156	11.30	1.91	$2,205
Jul 1998	0	785	11.74	2.24	$1,756
Jun 1998	0	775	11.24	2.24	$1,734
May 1998	0	754	12.62	2.21	$1,664
Apr 1998	0	707	13.04	2.51	$1,771
Mar 1998	0	706	12.80	2.31	$1,630
Feb 1998	0	798	13.95	2.30	$1,835
Jan 1998	0	877	14.70	2.15	$1,890
Dec 1997	0	835	16.32	2.41	$2,013
Nov 1997	0	716	18.19	3.09	$2,211
Oct 1997	0	752	19.25	3.15	$2,369
Sep 1997	0	993	17.74	2.95	$2,934
Aug 1997	0	1,031	17.86	2.55	$2,634
Jul 1997	0	1,036	17.58	2.25	$2,328
Jun 1997	0	968	17.24	2.26	$2,185
May 1997	0	857	18.97	2.31	$1,978
Apr 1997	0	767	17.88	2.08	$1,597
Mar 1997	0	660	18.95	1.94	$1,280
Feb 1997	0	684	20.49	2.21	$1,509
Jan 1997	0	937	23.48	3.54	$3,317
Dec 1996	0	974	23.32	—	$0
Nov 1996	0	1,012	21.97	—	$0
Oct 1996	0	1,153	23.31	—	$0
Sep 1996	0	1,038	22.22	—	$0
Aug 1996	0	1,197	20.26	—	$0
Jul 1996	0	1,182	19.55	—	$0
Jun 1996	0	1,096	18.73	—	$0
May 1996	0	1,295	19.43	—	$0
Apr 1996	0	1,167	21.51	—	$0
Mar 1996	0	1,122	19.38	—	$0
Feb 1996	0	1,105	16.98	—	$0
Jan 1996	0	1,017	17.07	—	$0
Dec 1995	0	1,013	17.19	—	$0
Nov 1995	0	1,113	16.00	—	$0
Oct 1995	0	999	15.43	—	$0
Sep 1995	0	1,137	16.18	—	$0
Aug 1995	0	1,194	15.92	—	$0
Jul 1995	0	1,159	15.24	—	$0
Jun 1995	0	1,194	16.41	—	$0
May 1995	0	931	17.56	—	$0
Apr 1995	0	788	17.73	—	$0
Mar 1995	0	1,095	16.44	—	$0
Feb 1995	0	902	16.58	—	$0
Jan 1995	0	1,074	15.92	—	$0
Dec 1994	0	1,035	15.03	—	$0
Nov 1994	0	967	15.90	—	$0
Oct 1994	0	1,075	15.58	—	$0
Sep 1994	0	1,001	15.29	—	$0
Aug 1994	0	1,070	16.13	—	$0
Jul 1994	0	1,051	17.56	—	$0
Jun 1994	0	1,216	17.09	—	$0
May 1994	0	1,217	15.88	—	$0
Apr 1994	0	1,039	14.14	—	$0
Mar 1994	0	1,277	12.46	—	$0
Feb 1994	0	997	12.50	—	$0
Jan 1994	0	1,288	12.66	—	$0
Dec 1993	0	1,080	12.33	—	$0
Nov 1993	0	1,279	14.49	—	$0
Oct 1993	0	1,081	15.85	—	$0
Sep 1993	0	1,212	15.03	—	$0
Aug 1993	0	1,131	15.66	—	$0
Jul 1993	0	1,344	15.46	—	$0
Jun 1993	0	1,408	16.79	—	$0
May 1993	0	1,119	17.68	—	$0
Apr 1993	0	1,371	18.05	—	$0
Mar 1993	0	1,280	18.14	—	$0
Feb 1993	0	1,220	17.90	—	$0
Jan 1993	0	1,438	16.93	—	$0

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.

Sep 2018 — as filed, then multipliedworked

Condensate             1 bbl  × $ 59.54 =        $60
Gas                    1 Mcf  × $  3.11 =         $3

────────────────────────────────────────────────────
Month total                                      $63

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. 08/G/122542 is the state's own key, not one this site invented.