FASKEN OPERATING AREA -B-

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

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

Oil lease lease 31587District 08Field 18254800OilCasinghead gasSave Export

Value, all time

$449 k

Jan 1993 – Apr 2009

Value, last 12 filed months

at the published price for each month

Months reported

196

no gaps in the span

Streams

oil, casinghead gas

The CIRCLE BAR (FUSSELMAN) 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 6 leases and 10 wells, and the rule below applies to all of them.

Discovered

1963-04-24

as the register files it

Field class

Oil

the register's own label

Between wells

1,400 ft

minimum

From a lease line

550 ft

minimum

A drilling unit in this field needs at least 80 acres.

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.

Stream	Basis	Volume	Value
Oil	Disposition	20,051 bbl	$392,826
Casinghead gas	Production	55,290 Mcf	$56,629
Total			$449,454

40,591 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 32.0748, -102.4026. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.07483, -102.40261 · 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%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

12,877 ft

1 wells filed one

Completion to plug

21.5 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 12,877 ft.

Completions filed

Sep 1987

1 of 1 wells

Plug dates filed

Mar 2009

1 of 1 wells

Last completion to plug: a median of 21.5 years across the 1 well that filed both dates, with the middle half between 21.5 years and 21.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-13510469	6	12,877 ft	Sep 1987	Mar 2009	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 (196)

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

196 months


Apr 2009	0	0	46.77	3.59	$0
Mar 2009	0	0	42.14	4.06	$0
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	0	0	131.33	13.03	$0
May 2008	0	0	123.17	11.57	$0
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	0	66.01	6.42	$0
Apr 2006	7	0	64.39	7.36	$451
Mar 2006	29	62	56.70	7.08	$2,083
Feb 2006	26	57	57.59	7.75	$1,939
Jan 2006	30	60	60.59	8.93	$2,354
Dec 2005	21	48	54.94	13.42	$1,798
Nov 2005	1	0	54.69	10.59	$55
Oct 2005	34	43	58.34	13.80	$2,577
Sep 2005	75	46	61.45	12.08	$5,164
Aug 2005	33	61	61.51	9.80	$2,627
Jul 2005	29	21	55.69	7.84	$1,780
Jun 2005	30	7	52.33	7.38	$1,622
May 2005	30	62	45.22	6.65	$1,769
Apr 2005	24	48	49.20	7.36	$1,534
Mar 2005	25	59	50.37	7.15	$1,681
Feb 2005	29	63	45.22	6.31	$1,709
Jan 2005	37	85	43.16	6.32	$2,134
Dec 2004	42	73	39.86	6.75	$2,167
Nov 2004	25	23	45.28	6.33	$1,278
Oct 2004	33	62	49.70	6.52	$2,044
Sep 2004	29	66	43.24	5.28	$1,603
Aug 2004	36	67	42.37	5.55	$1,897
Jul 2004	33	55	38.28	6.08	$1,598
Jun 2004	27	55	36.10	6.43	$1,329
May 2004	31	61	37.48	6.49	$1,558
Apr 2004	28	55	34.47	5.86	$1,287
Mar 2004	33	62	34.36	5.53	$1,477
Feb 2004	54	55	32.45	5.51	$2,055
Jan 2004	32	91	32.03	6.30	$1,598
Dec 2003	28	90	30.26	6.30	$1,414
Nov 2003	33	85	28.80	4.60	$1,341
Oct 2003	29	52	28.17	4.76	$1,064
Sep 2003	30	85	26.31	4.75	$1,193
Aug 2003	30	88	29.76	5.13	$1,344
Jul 2003	31	92	29.41	5.17	$1,387
Jun 2003	36	90	28.56	5.98	$1,567
May 2003	60	101	26.59	5.97	$2,199
Apr 2003	60	97	26.67	5.41	$2,125
Mar 2003	59	101	31.14	6.10	$2,453
Feb 2003	59	79	33.48	7.93	$2,601
Jan 2003	66	88	30.31	5.58	$2,492
Dec 2002	64	118	26.91	4.85	$2,295
Nov 2002	58	113	24.66	4.14	$1,898
Oct 2002	60	144	26.46	4.23	$2,197
Sep 2002	66	146	27.44	3.64	$2,342
Aug 2002	92	136	25.96	3.16	$2,819
Jul 2002	108	148	24.58	3.06	$3,108
Jun 2002	116	158	23.73	3.34	$3,280
May 2002	118	115	24.66	3.58	$3,322
Apr 2002	95	101	23.65	3.51	$2,601
Mar 2002	109	208	22.00	3.10	$3,043
Feb 2002	28	53	18.22	2.38	$636
Jan 2002	30	55	17.17	2.38	$646
Dec 2001	34	55	16.93	2.36	$706
Nov 2001	30	54	18.07	2.41	$672
Oct 2001	34	59	19.78	2.53	$822
Sep 2001	31	56	24.26	2.25	$878
Aug 2001	31	71	24.87	3.05	$988
Jul 2001	30	126	23.93	3.20	$1,121
Jun 2001	30	133	24.56	3.82	$1,245
May 2001	35	138	25.52	4.31	$1,488
Apr 2001	39	83	24.68	5.34	$1,405
Mar 2001	60	105	24.54	5.38	$2,037
Feb 2001	54	79	27.75	5.77	$1,954
Jan 2001	59	106	27.47	8.40	$2,511
Dec 2000	62	238	26.88	9.12	$3,838
Nov 2000	63	130	32.21	5.66	$2,765
Oct 2000	64	289	31.23	5.15	$3,486
Sep 2000	62	288	31.87	5.19	$3,470
Aug 2000	66	323	29.64	4.54	$3,423
Jul 2000	87	303	28.53	4.09	$3,721
Jun 2000	283	438	29.30	4.40	$10,218
May 2000	269	338	27.26	3.68	$8,577
Apr 2000	243	357	24.51	3.12	$7,068
Mar 2000	255	396	28.42	2.86	$8,380
Feb 2000	233	313	27.62	2.73	$7,289
Jan 2000	236	226	25.27	2.48	$6,524
Dec 1999	51	102	24.28	2.42	$1,486
Nov 1999	49	109	23.19	2.43	$1,402
Oct 1999	49	122	20.98	2.80	$1,370
Sep 1999	50	126	21.75	2.62	$1,417
Aug 1999	51	141	19.26	2.88	$1,388
Jul 1999	54	167	17.89	2.37	$1,362
Jun 1999	67	129	15.94	2.36	$1,373
May 1999	65	136	15.79	2.32	$1,342
Apr 1999	72	130	15.10	2.21	$1,374
Mar 1999	66	131	12.47	1.84	$1,064
Feb 1999	63	118	9.98	1.82	$843
Jan 1999	74	134	10.38	1.90	$1,023
Dec 1998	66	141	9.20	1.77	$857
Nov 1998	66	135	10.89	2.19	$1,014
Oct 1998	71	122	12.42	1.97	$1,122
Sep 1998	64	112	12.59	2.08	$1,039
Aug 1998	66	71	11.30	1.91	$881
Jul 1998	66	179	11.74	2.24	$1,175
Jun 1998	61	46	11.24	2.24	$789
May 1998	64	46	12.62	2.21	$909
Apr 1998	67	41	13.04	2.51	$976
Mar 1998	74	40	12.80	2.31	$1,040
Feb 1998	61	42	13.95	2.30	$948
Jan 1998	75	45	14.70	2.15	$1,199
Dec 1997	82	127	16.32	2.41	$1,644
Nov 1997	91	117	18.19	3.09	$2,017
Oct 1997	89	278	19.25	3.15	$2,589
Sep 1997	86	345	17.74	2.95	$2,545
Aug 1997	93	280	17.86	2.55	$2,376
Jul 1997	87	429	17.58	2.25	$2,493
Jun 1997	83	144	17.24	2.26	$1,756
May 1997	90	303	18.97	2.31	$2,407
Apr 1997	80	356	17.88	2.08	$2,172
Mar 1997	97	229	18.95	1.94	$2,282
Feb 1997	84	212	20.49	2.21	$2,189
Jan 1997	81	620	23.48	3.54	$4,096
Dec 1996	78	580	23.32	—	$1,819
Nov 1996	77	510	21.97	—	$1,692
Oct 1996	77	569	23.31	—	$1,795
Sep 1996	83	663	22.22	—	$1,844
Aug 1996	82	417	20.26	—	$1,661
Jul 1996	108	606	19.55	—	$2,111
Jun 1996	208	569	18.73	—	$3,896
May 1996	224	643	19.43	—	$4,352
Apr 1996	236	582	21.51	—	$5,076
Mar 1996	236	534	19.38	—	$4,574
Feb 1996	221	600	16.98	—	$3,753
Jan 1996	241	568	17.07	—	$4,114
Dec 1995	258	470	17.19	—	$4,435
Nov 1995	259	393	16.00	—	$4,144
Oct 1995	237	375	15.43	—	$3,657
Sep 1995	266	687	16.18	—	$4,304
Aug 1995	359	689	15.92	—	$5,715
Jul 1995	379	980	15.24	—	$5,776
Jun 1995	317	850	16.41	—	$5,202
May 1995	335	1,068	17.56	—	$5,883
Apr 1995	244	909	17.73	—	$4,326
Mar 1995	292	1,250	16.44	—	$4,800
Feb 1995	248	997	16.58	—	$4,112
Jan 1995	256	1,094	15.92	—	$4,076
Dec 1994	271	1,169	15.03	—	$4,073
Nov 1994	221	1,069	15.90	—	$3,514
Oct 1994	230	923	15.58	—	$3,583
Sep 1994	209	865	15.29	—	$3,196
Aug 1994	257	1,169	16.13	—	$4,145
Jul 1994	258	676	17.56	—	$4,530
Jun 1994	453	807	17.09	—	$7,742
May 1994	395	1,094	15.88	—	$6,273
Apr 1994	388	1,112	14.14	—	$5,486
Mar 1994	412	1,271	12.46	—	$5,134
Feb 1994	333	819	12.50	—	$4,163
Jan 1994	389	874	12.66	—	$4,925
Dec 1993	342	1,163	12.33	—	$4,217
Nov 1993	362	942	14.49	—	$5,245
Oct 1993	336	1,026	15.85	—	$5,326
Sep 1993	328	1,040	15.03	—	$4,930
Aug 1993	280	1,034	15.66	—	$4,385
Jul 1993	295	1,096	15.46	—	$4,561
Jun 1993	234	1,157	16.79	—	$3,929
May 1993	292	1,123	17.68	—	$5,163
Apr 1993	260	1,041	18.05	—	$4,693
Mar 1993	299	903	18.14	—	$5,424
Feb 1993	254	747	17.90	—	$4,547
Jan 1993	359	868	16.93	—	$6,078

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 2006 — as filed, then multipliedworked

Oil                    7 bbl  × $ 64.39 =       $451
Casinghead gas         0 Mcf  × $  7.36 =         $0

────────────────────────────────────────────────────
Month total                                     $451

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/31587 is the state's own key, not one this site invented.