FOSTER "57"

Operated by COLLINS & WARE, INC. (P-5 168348) in the PASSOUT (STRAWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 151996District 08Field 69495400Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$36 k
Jul 1994 – May 1996
Value, last 12 filed months
$17 k
at the published price for each month
Months reported
23
no gaps in the span
Streams
2
condensate, 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 10 leases and 12 wells, and the rule below applies to all of them.

Discovered
1994-03-18
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 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: ALLOCATION FORMULA EFFECTIVE 03/01/95.

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
CondensateDisposition2,209 bbl$36,450
GasProduction22,942 Mcf$0
Total$36,450

22,942 Mcf of this lease's gas, across 18 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 32.0566, -100.9740. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.05656, -100.97399 · 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
7,933 ft
1 wells filed one
Completion to plug
15 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 7,933 ft.

Completions filed
Feb 1996
1 of 1 wells
Plug dates filed
May 1997
1 of 1 wells

Last completion to plug: a median of 15 months across the 1 well that filed both dates, with the middle half between 15 months and 15 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4313270727,933 ftFeb 1996May 1997Yes

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 (23)

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

23 months

May 19960019.43$0
Apr 19960021.51$0
Mar 1996151019.38$2,926
Feb 19960016.98$0
Jan 19961911,33017.07$3,260
Dec 1995161,35117.19$275
Nov 199520276916.00$3,232
Oct 19951133115.43$170
Sep 199519696416.18$3,171
Aug 19951991,18215.92$3,168
Jul 19951292915.24$183
Jun 1995231,06316.41$377
May 19952021,23717.56$3,547
Apr 19951962,06217.73$3,475
Mar 199507416.44$0
Feb 19952693116.58$431
Jan 19951931,64215.92$3,073
Dec 19942671,86615.03$4,013
Nov 19943093,71515.90$4,913
Oct 1994689215.58$93
Sep 199442,51515.29$61
Aug 19945016.13$81
Jul 199408917.56$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.

Mar 1996 — as filed, then multipliedworked
Condensate           151 bbl  × $ 19.38 =     $2,926
Gas                    0 Mcf  ×  no price            —

────────────────────────────────────────────────────
Month total                                   $2,926

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/151996 is the state's own key, not one this site invented.