BARRON

Operated by FASKEN OIL AND RANCH, LTD. (P-5 263696) in the MOONLIGHT (MISSISSIPPIAN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 29826District 08Field 62703400NGPA filingOilCasinghead gasSaveExport
Value, all time
$1.0 M
Jan 1993 – May 2001
Value, last 12 filed months
$19 k
at the published price for each month
Months reported
101
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 15 leases and 16 wells, and the rule below applies to all of them.

Discovered
1984-09-23
as the register files it
Field class
Oil
the register's own label
Between wells
2,640 ft
minimum
From a lease line
1,320 ft
minimum

A drilling unit in this field needs at least 640 acres. The field rule took effect on 1985-05-24.

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
NGPA1none

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
OilDisposition51,287 bbl$857,417
Casinghead gasProduction171,853 Mcf$162,894
Total$1,020,312

102,230 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 (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 32.0431, -102.1994. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.04307, -102.19940 · 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
12,128 ft
1 wells filed one
Completion to plug
15.9 years
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 12,128 ft.

Completions filed
Apr 1985
1 of 1 wells
Plug dates filed
Mar 2001
1 of 1 wells

Last completion to plug: a median of 15.9 years across the 1 well that filed both dates, with the middle half between 15.9 years and 15.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3293148641412,128 ftApr 1985Mar 2001Yes

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 (101)

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

101 months

May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 2000329026.889.12$8,844
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 200002529.644.54$114
Jul 20003282528.534.09$9,460
Jun 200006129.304.40$268
May 2000292527.263.68$883
Apr 2000016824.513.12$523
Mar 200037761928.422.86$12,485
Feb 200036688027.622.73$12,508
Jan 20003711,33625.272.48$12,689
Dec 19997391,61424.282.42$21,855
Nov 19993621,81023.192.43$12,800
Oct 19997481,77920.982.80$20,681
Sep 19993871,77921.752.62$13,076
Aug 19993731,93619.262.88$12,751
Jul 19997321,92417.892.37$17,660
Jun 19993671,83815.942.36$10,192
May 19997601,72815.792.32$16,011
Apr 19993591,49415.102.21$8,720
Mar 19997282,04312.471.84$12,834
Feb 19993771,9499.981.82$7,305
Jan 19997592,20310.381.90$12,064
Dec 19987472,2279.201.77$10,822
Nov 19983722,12910.892.19$8,704
Oct 19987462,17712.421.97$13,552
Sep 19987372,03312.592.08$13,513
Aug 19983722,21711.301.91$8,432
Jul 19983672,19911.742.24$9,228
Jun 19987382,10811.242.24$13,011
May 19987172,16412.622.21$13,823
Apr 19983572,03013.042.51$9,741
Mar 19987912,03912.802.31$14,834
Feb 19983701,78813.952.30$9,272
Jan 19987621,97514.702.15$15,457
Dec 19973871,95116.322.41$11,020
Nov 19973821,86718.193.09$12,714
Oct 19977692,02619.253.15$21,185
Sep 19973831,71817.742.95$11,871
Aug 19973651,78917.862.55$11,089
Jul 19977551,29417.582.25$16,180
Jun 19973951,86517.242.26$11,019
May 19973701,70618.972.31$10,957
Apr 19973631,57917.882.08$9,779
Mar 19973981,68518.951.94$10,810
Feb 19973681,04920.492.21$9,854
Jan 199739277223.483.54$11,937
Dec 19963881,75223.32$9,048
Nov 19967581,81621.97$16,653
Oct 19963811,76423.31$8,881
Sep 19963702,03422.22$8,221
Aug 19967812,22620.26$15,823
Jul 19967442,18519.55$14,545
Jun 19963732,27318.73$6,986
May 19967672,18519.43$14,903
Apr 19967651,95321.51$16,455
Mar 19964022,04919.38$7,791
Feb 19967762,06516.98$13,176
Jan 19964052,21217.07$6,913
Dec 19958032,06917.19$13,804
Nov 19957672,11016.00$12,272
Oct 19957892,24815.43$12,174
Sep 19953641,39316.18$5,890
Aug 19953621,60615.92$5,763
Jul 19954042,03615.24$6,157
Jun 19953651,70316.41$5,990
May 19953821,98617.56$6,708
Apr 19957471,96917.73$13,244
Mar 19953752,24916.44$6,165
Feb 19957581,77816.58$12,568
Jan 19953732,19315.92$5,938
Dec 19941,0891,83715.03$16,368
Nov 19943492,25515.90$5,549
Oct 19946042,24415.58$9,410
Sep 19948051,77015.29$12,308
Aug 19947532,89316.13$12,146
Jul 19947492,55517.56$13,152
Jun 19943773,04917.09$6,443
May 19941,1352,83015.88$18,024
Apr 19947662,83914.14$10,831
Mar 19941,5093,19712.46$18,802
Feb 19947282,39412.50$9,100
Jan 19947352,31912.66$9,305
Dec 19933772,17112.33$4,648
Nov 19938032,29914.49$11,635
Oct 19937542,52815.85$11,951
Sep 19933682,43615.03$5,531
Aug 19937642,13415.66$11,964
Jul 19937801,83015.46$12,059
Jun 19937481,99316.79$12,559
May 19933711,89417.68$6,559
Apr 19937561,82018.05$13,646
Mar 19933881,77518.14$7,038
Feb 19939401,58817.90$16,826
Jan 19933461,72616.93$5,858

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.

Dec 2000 — as filed, then multipliedworked
Oil                  329 bbl  × $ 26.88 =     $8,844
Casinghead gas         0 Mcf  × $  9.12 =         $0

────────────────────────────────────────────────────
Month total                                   $8,844

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/29826 is the state's own key, not one this site invented.