FASKEN, DAVID "28"

Operated by TEMA OIL AND GAS COMPANY (P-5 841329) in the SERIO (GRAYBURG) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 23963District 08Field 82275500Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$2.7 M
Jan 1993 – Jul 2004
Value, last 12 filed months
$202 k
at the published price for each month
Months reported
139
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 8 leases and 76 wells, and the rule below applies to all of them.

Discovered
1970-01-21
as the register files it
Field class
Oil
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.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA2none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
OilDisposition142,891 bbl$2,736,899
Casinghead gasProduction13,669 Mcf$4,356
Total$2,741,255

11,939 Mcf of this lease's gas, across 47 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 (4)

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 32.1924, -102.3101. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

32.19248, -102.31005 · 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
25.0%
1 of 4 wells
With a plug date
25.0%
1 of 4 wells
Median depth
4,911 ft
4 wells filed one
Completion to plug
25.8 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
125.0%
A plug date is filed
125.0%
BothOn the schedule and plugged. Neither fact cancels the other.
125.0%
NeitherNo plug date, and not on the schedule.
375.0%

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 4,875 and 4,950 ft, median 4,911 ft, over the 4 wells that filed a depth.

Completions filed
Feb 1976 – Sep 2004
4 of 4 wells
Plug dates filed
Sep 2004
1 of 4 wells; 3 filed none

Last completion to plug: a median of 25.8 years across the 1 well that filed both dates, with the middle half between 25.8 years and 25.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells

42-0033179354,875 ftSep 2004
42-0033177644,887 ftDec 1978Sep 2004Yes
42-0033093424,935 ftMay 1976
42-0033082934,950 ftFeb 1976

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 (139)

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

139 months

Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20041,113034.475.86$38,365
Mar 2004722034.365.53$24,808
Feb 2004358032.455.51$11,617
Jan 2004730032.036.30$23,382
Dec 2003718030.266.30$21,727
Nov 2003729028.804.60$20,995
Oct 20031,091028.174.76$30,733
Sep 2003361026.314.75$9,498
Aug 2003706029.765.13$21,011
Jul 2003723029.415.17$21,263
Jun 2003361028.565.98$10,310
May 2003725026.595.97$19,278
Apr 2003726026.675.41$19,362
Mar 2003729031.146.10$22,701
Feb 2003366033.487.93$12,254
Jan 2003652030.315.58$19,762
Dec 2002737026.914.85$19,833
Nov 2002718024.664.14$17,706
Oct 2002734026.464.23$19,422
Sep 2002359027.443.64$9,851
Aug 2002716025.963.16$18,587
Jul 2002711024.583.06$17,476
Jun 2002688023.733.34$16,326
May 2002714024.663.58$17,607
Apr 2002702023.653.51$16,602
Mar 2002728022.003.10$16,016
Feb 2002367018.222.38$6,687
Jan 2002729017.172.38$12,517
Dec 2001745016.932.36$12,613
Nov 2001731018.072.41$13,209
Oct 2001727019.782.53$14,380
Sep 2001719024.262.25$17,443
Aug 2001724024.873.05$18,006
Jul 2001714023.933.20$17,086
Jun 2001362024.563.82$8,891
May 2001723025.524.31$18,451
Apr 2001725024.685.34$17,893
Mar 2001728024.545.38$17,865
Feb 2001336027.755.77$9,324
Jan 2001704027.478.40$19,339
Dec 20001,075026.889.12$28,896
Nov 2000368032.215.66$11,853
Oct 2000731031.235.15$22,829
Sep 2000724031.875.19$23,074
Aug 2000721029.644.54$21,370
Jul 2000358028.534.09$10,214
Jun 2000906029.304.40$26,546
May 2000723027.263.68$19,709
Apr 2000740024.513.12$18,137
Mar 2000741028.422.86$21,059
Feb 2000631027.622.73$17,428
Jan 20001,090025.272.48$27,544
Dec 1999370024.282.42$8,984
Nov 1999976023.192.43$22,633
Oct 1999730020.982.80$15,315
Sep 1999656021.752.62$14,268
Aug 19991,000019.262.88$19,260
Jul 1999734017.892.37$13,131
Jun 1999721015.942.36$11,493
May 1999862015.792.32$13,611
Apr 1999698015.102.21$10,540
Mar 1999729012.471.84$9,091
Feb 199973109.981.82$7,295
Jan 19991,255010.381.90$13,027
Dec 199873009.201.77$6,716
Nov 19981,077010.892.19$11,729
Oct 1998713012.421.97$8,855
Sep 1998672012.592.08$8,460
Aug 1998720011.301.91$8,136
Jul 19981,306011.742.24$15,332
Jun 1998354011.242.24$3,979
May 1998718012.622.21$9,061
Apr 19981,073013.042.51$13,992
Mar 19981,092712.802.31$13,994
Feb 19981,087813.952.30$15,182
Jan 19981,4453114.702.15$21,308
Dec 19979994416.322.41$16,410
Nov 19971,0777818.193.09$19,832
Oct 19971,4476319.253.15$28,053
Sep 19971,38611517.742.95$24,927
Aug 19971,07214217.862.55$19,509
Jul 19971,44014417.582.25$25,639
Jun 19971,63318517.242.26$28,571
May 19971,07121518.972.31$20,813
Apr 19971,45517417.882.08$26,378
Mar 19971,08815918.951.94$20,926
Feb 19971,09514520.492.21$22,756
Jan 19971,39522023.483.54$33,533
Dec 19961,44920023.32$33,791
Nov 199656819121.97$12,479
Oct 19961,39317623.31$32,471
Sep 19961,36620122.22$30,353
Aug 19961,44123920.26$29,195
Jul 19961,44623119.55$28,269
Jun 19961,06922818.73$20,022
May 19961,38525919.43$26,911
Apr 19961,40938221.51$30,308
Mar 19961,43631319.38$27,830
Feb 19961,39528316.98$23,687
Jan 19961,45629817.07$24,854
Dec 19951,46932617.19$25,252
Nov 19951,43236616.00$22,912
Oct 19951,44242715.43$22,250
Sep 19951,40743016.18$22,765
Aug 19951,42250015.92$22,638
Jul 19951,43955015.24$21,930
Jun 19951,44644316.41$23,729
May 19951,69730917.56$29,799
Apr 19951,39020717.73$24,645
Mar 19951,46324916.44$24,052
Feb 19951,33315416.58$22,101
Jan 19951,46335815.92$23,291
Dec 19941,80242715.03$27,084
Nov 19941,44040615.90$22,896
Oct 19941,44937315.58$22,575
Sep 19941,74432915.29$26,666
Aug 19941,43836016.13$23,195
Jul 19941,71439417.56$30,098
Jun 19941,43447817.09$24,507
May 19940015.88$0
Apr 19941,34546514.14$19,018
Mar 19941,78849612.46$22,278
Feb 19941,45931412.50$18,238
Jan 19941,81327612.66$22,953
Dec 19931,74429012.33$21,504
Nov 19931,464114.49$21,213
Oct 19931,684115.85$26,691
Sep 19931,644115.03$24,709
Aug 19931,688115.66$26,434
Jul 19931,748115.46$27,024
Jun 19931,731116.79$29,063
May 19931,791117.68$31,665
Apr 19932,022118.05$36,497
Mar 19931,792118.14$32,507
Feb 19931,759117.90$31,486
Jan 19932,116116.93$35,824

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 2004 — as filed, then multipliedworked
Oil                1,113 bbl  × $ 34.47 =    $38,365
Casinghead gas         0 Mcf  × $  5.86 =         $0

────────────────────────────────────────────────────
Month total                                  $38,365

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/23963 is the state's own key, not one this site invented.