FASKEN, A., -B- UNIT 2

Name: FASKEN, A., -B- UNIT 2 lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by WALTER EXPLORATION COMPANY (P-5 895231) in the SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 20392District 08Field 85280300OilCasinghead gasSave Export

Value, all time

$358 k

Jan 1993 – Jul 2003

Value, last 12 filed months

$8 k

at the published price for each month

Months reported

127

no gaps in the span

Streams

oil, casinghead gas

The SPRABERRY (TREND AREA) 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 16,587 leases and 43,997 wells, and the rule below applies to all of them.

Discovered

1952-12-22

as the register files it

Field class

Oil and gas

the register's own label

Between wells

0 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2018-02-13.

The Commission's schedule remark for this field reads: “SPRABERRY (TREND AREA) FIELD EFFECTIVE 10/1/2019.”

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
Oil	Disposition	14,614 bbl	$264,981
Casinghead gas	Production	94,597 Mcf	$93,069
Total			$358,051

60,152 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 (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 32.0320, -101.7948. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

32.03202, -101.79477 · 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

100.0%

2 of 2 wells

Median depth

9,689 ft

2 wells filed one

Completion to plug

12.4 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

2100.0%

A plug date is filed

2100.0%

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

2100.0%

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 8,677 and 10,700 ft, median 9,689 ft, over the 2 wells that filed a depth.

Completions filed

Oct 1990

1 of 2 wells; 1 filed none

Plug dates filed

Mar 2003

2 of 2 wells

Last completion to plug: a median of 12.4 years across the 1 well that filed both dates, with the middle half between 12.4 years and 12.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells


42-32910348	1	10,700 ft	—	Mar 2003	Yes
42-32932272	2	8,677 ft	Oct 1990	Mar 2003	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 (127)

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

127 months


Jul 2003	0	0	29.41	5.17	$0
Jun 2003	0	0	28.56	5.98	$0
May 2003	0	0	26.59	5.97	$0
Apr 2003	0	0	26.67	5.41	$0
Mar 2003	268	1	31.14	6.10	$8,352
Feb 2003	0	1	33.48	7.93	$8
Jan 2003	0	1	30.31	5.58	$6
Dec 2002	0	1	26.91	4.85	$5
Nov 2002	0	1	24.66	4.14	$4
Oct 2002	0	1	26.46	4.23	$4
Sep 2002	0	1	27.44	3.64	$4
Aug 2002	0	1	25.96	3.16	$3
Jul 2002	0	1	24.58	3.06	$3
Jun 2002	0	1	23.73	3.34	$3
May 2002	0	1	24.66	3.58	$4
Apr 2002	0	1	23.65	3.51	$4
Mar 2002	0	1	22.00	3.10	$3
Feb 2002	0	1	18.22	2.38	$2
Jan 2002	0	1	17.17	2.38	$2
Dec 2001	0	1	16.93	2.36	$2
Nov 2001	0	1	18.07	2.41	$2
Oct 2001	0	1	19.78	2.53	$3
Sep 2001	0	1	24.26	2.25	$2
Aug 2001	0	1	24.87	3.05	$3
Jul 2001	0	5	23.93	3.20	$16
Jun 2001	0	7	24.56	3.82	$27
May 2001	0	1	25.52	4.31	$4
Apr 2001	186	35	24.68	5.34	$4,777
Mar 2001	1	43	24.54	5.38	$256
Feb 2001	1	0	27.75	5.77	$28
Jan 2001	0	0	27.47	8.40	$0
Dec 2000	0	0	26.88	9.12	$0
Nov 2000	2	368	32.21	5.66	$2,147
Oct 2000	189	629	31.23	5.15	$9,139
Sep 2000	181	644	31.87	5.19	$9,109
Aug 2000	0	666	29.64	4.54	$3,024
Jul 2000	185	569	28.53	4.09	$7,605
Jun 2000	185	586	29.30	4.40	$7,997
May 2000	0	659	27.26	3.68	$2,425
Apr 2000	184	559	24.51	3.12	$6,252
Mar 2000	186	632	28.42	2.86	$7,093
Feb 2000	0	608	27.62	2.73	$1,658
Jan 2000	190	615	25.27	2.48	$6,327
Dec 1999	0	639	24.28	2.42	$1,549
Nov 1999	187	659	23.19	2.43	$5,941
Oct 1999	187	744	20.98	2.80	$6,009
Sep 1999	0	747	21.75	2.62	$1,956
Aug 1999	182	850	19.26	2.88	$5,950
Jul 1999	183	571	17.89	2.37	$4,628
Jun 1999	184	799	15.94	2.36	$4,820
May 1999	160	949	15.79	2.32	$4,729
Apr 1999	186	1,070	15.10	2.21	$5,171
Mar 1999	184	439	12.47	1.84	$3,102
Feb 1999	0	122	9.98	1.82	$222
Jan 1999	0	175	10.38	1.90	$332
Dec 1998	0	329	9.20	1.77	$583
Nov 1998	182	843	10.89	2.19	$3,825
Oct 1998	0	502	12.42	1.97	$989
Sep 1998	0	615	12.59	2.08	$1,281
Aug 1998	183	782	11.30	1.91	$3,559
Jul 1998	0	851	11.74	2.24	$1,904
Jun 1998	184	612	11.24	2.24	$3,437
May 1998	185	787	12.62	2.21	$4,071
Apr 1998	0	852	13.04	2.51	$2,135
Mar 1998	186	856	12.80	2.31	$4,358
Feb 1998	172	781	13.95	2.30	$4,195
Jan 1998	175	875	14.70	2.15	$4,458
Dec 1997	1	832	16.32	2.41	$2,022
Nov 1997	170	813	18.19	3.09	$5,603
Oct 1997	171	965	19.25	3.15	$6,331
Sep 1997	175	950	17.74	2.95	$5,912
Aug 1997	0	1,021	17.86	2.55	$2,608
Jul 1997	178	1,006	17.58	2.25	$5,390
Jun 1997	184	984	17.24	2.26	$5,393
May 1997	0	1,031	18.97	2.31	$2,380
Apr 1997	184	979	17.88	2.08	$5,329
Mar 1997	182	976	18.95	1.94	$5,342
Feb 1997	185	841	20.49	2.21	$5,646
Jan 1997	180	952	23.48	3.54	$7,596
Dec 1996	0	995	23.32	—	$0
Nov 1996	174	889	21.97	—	$3,823
Oct 1996	176	947	23.31	—	$4,103
Sep 1996	175	1,063	22.22	—	$3,889
Aug 1996	0	1,077	20.26	—	$0
Jul 1996	172	1,095	19.55	—	$3,363
Jun 1996	175	1,050	18.73	—	$3,278
May 1996	0	1,072	19.43	—	$0
Apr 1996	179	505	21.51	—	$3,850
Mar 1996	182	1,076	19.38	—	$3,527
Feb 1996	181	1,022	16.98	—	$3,073
Jan 1996	182	1,092	17.07	—	$3,107
Dec 1995	183	1,203	17.19	—	$3,146
Nov 1995	0	995	16.00	—	$0
Oct 1995	179	1,264	15.43	—	$2,762
Sep 1995	178	1,287	16.18	—	$2,880
Aug 1995	177	1,318	15.92	—	$2,818
Jul 1995	175	1,427	15.24	—	$2,667
Jun 1995	0	1,410	16.41	—	$0
May 1995	181	1,393	17.56	—	$3,178
Apr 1995	181	1,288	17.73	—	$3,209
Mar 1995	171	1,333	16.44	—	$2,811
Feb 1995	179	1,151	16.58	—	$2,968
Jan 1995	182	1,348	15.92	—	$2,897
Dec 1994	176	1,213	15.03	—	$2,645
Nov 1994	175	1,221	15.90	—	$2,783
Oct 1994	176	1,373	15.58	—	$2,742
Sep 1994	172	1,272	15.29	—	$2,630
Aug 1994	171	1,522	16.13	—	$2,758
Jul 1994	171	1,322	17.56	—	$3,003
Jun 1994	169	1,213	17.09	—	$2,888
May 1994	174	1,283	15.88	—	$2,763
Apr 1994	347	1,259	14.14	—	$4,907
Mar 1994	171	1,200	12.46	—	$2,131
Feb 1994	174	876	12.50	—	$2,175
Jan 1994	173	1,084	12.66	—	$2,190
Dec 1993	171	1,122	12.33	—	$2,108
Nov 1993	170	1,058	14.49	—	$2,463
Oct 1993	174	1,507	15.85	—	$2,758
Sep 1993	178	1,728	15.03	—	$2,675
Aug 1993	185	1,455	15.66	—	$2,897
Jul 1993	179	1,655	15.46	—	$2,767
Jun 1993	374	1,653	16.79	—	$6,279
May 1993	186	1,496	17.68	—	$3,288
Apr 1993	365	1,443	18.05	—	$6,588
Mar 1993	187	1,501	18.14	—	$3,392
Feb 1993	537	1,666	17.90	—	$9,612
Jan 1993	189	1,730	16.93	—	$3,200

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 2003 — as filed, then multipliedworked

Oil                  268 bbl  × $ 31.14 =     $8,346
Casinghead gas         1 Mcf  × $  6.10 =         $6

────────────────────────────────────────────────────
Month total                                   $8,352

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/O/20392 is the state's own key, not one this site invented.