FOSTER

Operated by DEDICA ENERGY CORPORATION (P-5 209434) in the IATAN, EAST HOWARD field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 26018District 08Field 44148500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$35 k
Jan 1993 – Aug 1996
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
44
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 154 leases and 2,716 wells, and the rule below applies to all of them.

Discovered
1926-12-31
as the register files it
Field class
Oil
the register's own label
Between wells
400 ft
minimum
From a lease line
200 ft
minimum

A drilling unit in this field needs at least 5 acres. The field rule took effect on 2008-07-29.

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: DKT 08-0257306 APPROVED 07/29/2008 - UPDATE SPACING TO 200/400FT

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
OilDisposition2,078 bbl$34,940
Casinghead gasProduction38 Mcf$0
Total$34,940

38 Mcf of this lease's gas, across 38 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 (5)

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 32.3274, -101.1535. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

32.32721, -101.15355 · 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%
5 of 5 wells
With a plug date
100.0%
5 of 5 wells
Median depth
2,913 ft
5 wells filed one
Completion to plug
13.6 years
median over 5 wells

What the state filed about each well

On the RRC proration schedule
5100.0%
A plug date is filed
5100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
5100.0%
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 2,726 and 3,023 ft, median 2,913 ft, over the 5 wells that filed a depth.

Completions filed
Jul 1980 – Aug 1984
5 of 5 wells
Plug dates filed
Aug 1984 – Jun 1996
5 of 5 wells

Last completion to plug: a median of 13.6 years across the 5 wells that filed both dates, with the middle half between 11.8 years and 14.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

5 wells

42-3353279662,726 ftAug 1984Jun 1996Yes
42-3353240452,743 ftNov 1982Jun 1996Yes
42-3353218643,023 ftNov 1981Jun 1996Yes
42-3353192822,989 ftApr 1981Aug 1984Yes
42-3353175012,913 ftJul 1980Jun 1996Yes

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 (44)

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

44 months

Aug 19960020.26$0
Jul 19960019.55$0
Jun 19960018.73$0
May 19960019.43$0
Apr 19960121.51$0
Mar 1996131119.38$2,539
Feb 19960116.98$0
Jan 19960117.07$0
Dec 19950117.19$0
Nov 1995139116.00$2,224
Oct 19950115.43$0
Sep 19950116.18$0
Aug 1995189115.92$3,009
Jul 19950115.24$0
Jun 19950116.41$0
May 19950117.56$0
Apr 19950117.73$0
Mar 1995205116.44$3,370
Feb 1995163116.58$2,703
Jan 19950115.92$0
Dec 19940115.03$0
Nov 19940115.90$0
Oct 1994194115.58$3,023
Sep 19940115.29$0
Aug 19940116.13$0
Jul 1994239117.56$4,197
Jun 1994219117.09$3,743
May 19940115.88$0
Apr 19940114.14$0
Mar 19940112.46$0
Feb 19940112.50$0
Jan 19940112.66$0
Dec 19930112.33$0
Nov 19930114.49$0
Oct 19930015.85$0
Sep 1993232015.03$3,487
Aug 19930115.66$0
Jul 19930115.46$0
Jun 19930116.79$0
May 19930117.68$0
Apr 1993118118.05$2,130
Mar 1993249118.14$4,517
Feb 19930117.90$0
Jan 19930116.93$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.

Mar 1996 — as filed, then multipliedworked
Oil                  131 bbl  × $ 19.38 =     $2,539
Casinghead gas         1 Mcf  ×  no price            —

────────────────────────────────────────────────────
Month total                                   $2,539

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/26018 is the state's own key, not one this site invented.