FASKEN UNIT "14"

Operated by APACHE CORPORATION (P-5 27200) in the FASKEN, SOUTH (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 29300District 08Field 30398875OilCasinghead gasSaveExport
Value, all time
$1.4 M
Jan 1993 – Nov 2007
Value, last 12 filed months
$0
at the published price for each month
Months reported
179
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 14 leases and 16 wells, and the rule below applies to all of them.

Discovered
1960-10-03
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,867 ft
minimum
From a lease line
933 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 2066-01-13.

The Commission's schedule remark for this field reads: SEE FIELD RULES FOR CASING REQUIREMENTS.

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
OilDisposition68,672 bbl$1,316,580
Casinghead gasProduction212,422 Mcf$104,513
Total$1,421,093

180,666 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 (3)

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 32.0678, -102.4202. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.6 miles.

32.06691, -102.41952 · 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%
3 of 3 wells
With a plug date
100.0%
3 of 3 wells
Median depth
13,033 ft
3 wells filed one
Completion to plug
13.2 years
median over 3 wells

What the state filed about each well

On the RRC proration schedule
3100.0%
A plug date is filed
3100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
3100.0%
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 11,140 and 13,049 ft, median 13,033 ft, over the 3 wells that filed a depth.

Completions filed
Aug 1989 – Jun 2011
3 of 3 wells
Plug dates filed
May 2002 – Nov 2025
3 of 3 wells

Last completion to plug: a median of 13.2 years across the 3 wells that filed both dates, with the middle half between 13.0 years and 13.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells

42-13504927313,049 ftJun 2011Nov 2025Yes
42-13504926213,033 ftSep 1993Nov 2006Yes
42-13504945511,140 ftAug 1989May 2002Yes

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 (179)

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

179 months

Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 200510054.6910.59$547
Oct 200514811158.3413.80$10,166
Sep 200515714061.4512.08$11,339
Aug 200514515261.519.80$10,408
Jul 200516116155.697.84$10,229
Jun 200514914752.337.38$8,882
May 200517716945.226.65$9,128
Apr 200518724049.207.36$10,967
Mar 200520822350.377.15$12,073
Feb 200519320545.226.31$10,021
Jan 200518522043.166.32$9,375
Dec 200429018739.866.75$12,822
Nov 200424917145.286.33$12,357
Oct 200427518449.706.52$14,866
Sep 200422414343.245.28$10,441
Aug 200420012042.375.55$9,140
Jul 200420111538.286.08$8,394
Jun 200421210236.106.43$8,309
May 20042429337.486.49$9,674
Apr 200422411034.475.86$8,366
Mar 200420111234.365.53$7,526
Feb 20041508932.455.51$5,358
Jan 20041619032.036.30$5,724
Dec 200320010630.266.30$6,720
Nov 200319011728.804.60$6,010
Oct 200313311428.174.76$4,289
Sep 200312612126.314.75$3,890
Aug 200314312229.765.13$4,882
Jul 200312112229.415.17$4,189
Jun 20039712028.565.98$3,488
May 20038910926.595.97$3,018
Apr 2003849626.675.41$2,759
Mar 2003869631.146.10$3,263
Feb 2003425133.487.93$1,810
Jan 20036030.315.58$182
Dec 20028311126.914.85$2,772
Nov 2002899224.664.14$2,575
Oct 2002899226.464.23$2,744
Sep 20021056727.443.64$3,125
Aug 20021245625.963.16$3,396
Jul 200215612324.583.06$4,211
Jun 200211712723.733.34$3,200
May 200210912024.663.58$3,118
Apr 2002706523.653.51$1,884
Mar 2002586222.003.10$1,468
Feb 2002346918.222.38$783
Jan 2002836317.172.38$1,575
Dec 2001736816.932.36$1,397
Nov 2001554418.072.41$1,100
Oct 2001395819.782.53$918
Sep 2001414324.262.25$1,091
Aug 2001565524.873.05$1,561
Jul 2001585723.933.20$1,570
Jun 2001526124.563.82$1,510
May 2001566125.524.31$1,692
Apr 2001565324.685.34$1,665
Mar 2001356224.545.38$1,192
Feb 2001435527.755.77$1,510
Jan 2001586327.478.40$2,122
Dec 2000556726.889.12$2,090
Nov 2000566032.215.66$2,143
Oct 2000245631.235.15$1,038
Sep 2000178231.875.19$967
Aug 20000029.644.54$0
Jul 20000128.534.09$4
Jun 20002029.304.40$59
May 20008327.263.68$229
Apr 20000124.513.12$3
Mar 20000628.422.86$17
Feb 20003027.622.73$83
Jan 200017825.272.48$449
Dec 1999306524.282.42$886
Nov 1999261323.192.43$635
Oct 1999121020.982.80$280
Sep 199982221.752.62$232
Aug 1999191319.262.88$403
Jul 1999262517.892.37$524
Jun 1999604015.942.36$1,051
May 1999788015.792.32$1,417
Apr 1999585515.102.21$997
Mar 1999257012.471.84$440
Feb 199945309.981.82$504
Jan 19991058910.381.90$1,259
Dec 19981091319.201.77$1,235
Nov 1998607110.892.19$809
Oct 199812214512.421.97$1,801
Sep 199817715912.592.08$2,560
Aug 199818018111.301.91$2,379
Jul 199819222811.742.24$2,764
Jun 199821017611.242.24$2,754
May 199822810912.622.21$3,118
Apr 199822812213.042.51$3,279
Mar 1998846212.802.31$1,218
Feb 19981022713.952.30$1,485
Jan 19981781014.702.15$2,638
Dec 19972701,73416.322.41$8,587
Nov 19972762,74618.193.09$13,501
Oct 19972512,65319.253.15$13,188
Sep 19972612,41117.742.95$11,754
Aug 19972862,25617.862.55$10,871
Jul 19972681,44317.582.25$7,954
Jun 19973762,57017.242.26$12,283
May 19976941,90518.972.31$17,563
Apr 19976711,67417.882.08$15,484
Mar 19977271,66318.951.94$17,001
Feb 19971,069020.492.21$21,904
Jan 19971,1942,29923.483.54$36,173
Dec 19961,4672,92023.32$34,210
Nov 19961,3752,73121.97$30,209
Oct 19961,4662,98023.31$34,172
Sep 19961,0752,91722.22$23,887
Aug 19961,2802,87020.26$25,933
Jul 19961,3223,84319.55$25,845
Jun 19967943,63018.73$14,872
May 19969113,53719.43$17,701
Apr 19968923,82821.51$19,187
Mar 19969443,38119.38$18,295
Feb 19969493,36616.98$16,114
Jan 19961,0663,55417.07$18,197
Dec 19958793,34817.19$15,110
Nov 19951,0354,08116.00$16,560
Oct 19951,2004,61015.43$18,516
Sep 19959534,54016.18$15,420
Aug 19951,0438,25915.92$16,605
Jul 19957522,64115.24$11,460
Jun 19959842,61116.41$16,147
May 19959573,20417.56$16,805
Apr 19959782,35317.73$17,340
Mar 19951,0973,19116.44$18,035
Feb 19951,2715,18616.58$21,073
Jan 19951,7036,53915.92$27,112
Dec 19941,5556,01215.03$23,372
Nov 19949424,62715.90$14,978
Oct 19941,7065,95015.58$26,579
Sep 19941,4934,52115.29$22,828
Aug 19941,3674,69016.13$22,050
Jul 19941,4595,43017.56$25,620
Jun 19941,6554,67817.09$28,284
May 19941,6853,69715.88$26,758
Apr 19941,6014,05914.14$22,638
Mar 19941,5394,05312.46$19,176
Feb 19941,2883,86212.50$16,100
Jan 19949977,70012.66$12,622
Dec 19931,1908,92212.33$14,673
Nov 19932,0186,49014.49$29,241
Oct 19931,8424,17515.85$29,196
Sep 19934091,42215.03$6,147
Aug 19933941,50215.66$6,170
Jul 19934301,69715.46$6,648
Jun 19934561,78116.79$7,656
May 19934171,53117.68$7,373
Apr 199337595818.05$6,769
Mar 199339091218.14$7,075
Feb 199335389717.90$6,319
Jan 199342698016.93$7,212

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.

Nov 2005 — as filed, then multipliedworked
Oil                   10 bbl  × $ 54.69 =       $547
Casinghead gas         0 Mcf  × $ 10.59 =         $0

────────────────────────────────────────────────────
Month total                                     $547

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/29300 is the state's own key, not one this site invented.