ROWDEN -39-

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

Oil lease lease 31758District 08Field 15501300Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$1.3 M
Jan 1993 – Jan 2001
Value, last 12 filed months
$32 k
at the published price for each month
Months reported
97
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 5 leases and 6 wells, and the rule below applies to all of them.

Discovered
1987-08-28
as the register files it
Field class
Oil
the register's own label
Between wells
1,320 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1988-08-01.

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
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
OilDisposition79,406 bbl$1,335,279
Casinghead gasProduction13,494 Mcf$11,830
Total$1,347,109

8,511 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 32.2122, -101.7253. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.21217, -101.72527 · 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
10,950 ft
1 wells filed one
Completion to plug
12.7 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 10,950 ft.

Completions filed
Apr 1988
1 of 1 wells
Plug dates filed
Dec 2000
1 of 1 wells

Last completion to plug: a median of 12.7 years across the 1 well that filed both dates, with the middle half between 12.7 years and 12.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-31733519110,950 ftApr 1988Dec 2000Yes

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 (97)

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

97 months

Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20002031.875.19$64
Aug 20003029.644.54$89
Jul 200020028.534.09$571
Jun 20001181529.304.40$3,523
May 20001731927.263.68$4,786
Apr 20002002324.513.12$4,974
Mar 20004345828.422.86$12,500
Feb 20002092527.622.73$5,841
Jan 2000193025.272.48$4,877
Dec 1999276024.282.42$6,701
Nov 19992432523.192.43$5,696
Oct 19992312520.982.80$4,916
Sep 1999218021.752.62$4,742
Aug 1999279019.262.88$5,374
Jul 19993162517.892.37$5,713
Jun 19992984415.942.36$4,854
May 199929211015.792.32$4,866
Apr 199925815915.102.21$4,247
Mar 19994977512.471.84$6,335
Feb 1999290779.981.82$3,034
Jan 19994808610.381.90$5,146
Dec 19986261049.201.77$5,944
Nov 199863513110.892.19$7,201
Oct 199877218312.421.97$9,949
Sep 199891818912.592.08$11,951
Aug 199891418011.301.91$10,672
Jul 199889117011.742.24$10,841
Jun 199880615111.242.24$9,397
May 199881816412.622.21$10,685
Apr 199894315213.042.51$12,678
Mar 19981,01312712.802.31$13,260
Feb 199890012213.952.30$12,835
Jan 199899513914.702.15$14,926
Dec 19979819516.322.41$16,239
Nov 199792814818.193.09$17,337
Oct 19971,02319519.253.15$20,307
Sep 19971,03920617.742.95$19,041
Aug 199794223717.862.55$17,430
Jul 19971,25425317.582.25$22,614
Jun 199796921417.242.26$17,189
May 19971,14722418.972.31$22,276
Apr 19971,11822117.882.08$20,450
Mar 199797819518.951.94$18,911
Feb 199792619020.492.21$19,393
Jan 19971,21522723.483.54$29,332
Dec 199695617823.32$22,294
Nov 19961,01617721.97$22,322
Oct 19961,30721923.31$30,466
Sep 19961,07220622.22$23,820
Aug 19961,18023920.26$23,907
Jul 19961,18727019.55$23,206
Jun 199689219418.73$16,707
May 199693822519.43$18,225
Apr 19961,11120821.51$23,898
Mar 199698716719.38$19,128
Feb 199693818216.98$15,927
Jan 19961,03722517.07$17,702
Dec 19951,15216417.19$19,803
Nov 19951,15417316.00$18,464
Oct 19951,40715015.43$21,710
Sep 19951,18616316.18$19,189
Aug 19951,28911315.92$20,521
Jul 19951,33910015.24$20,406
Jun 199598815316.41$16,213
May 19951,13519217.56$19,931
Apr 19951,19811617.73$21,241
Mar 19951,18617516.44$19,498
Feb 19951,05417216.58$17,475
Jan 19951,10614215.92$17,608
Dec 19941,28016015.03$19,238
Nov 199493716415.90$14,898
Oct 19941,05517415.58$16,437
Sep 19941,07419715.29$16,421
Aug 19941,06721716.13$17,211
Jul 19941,10523717.56$19,404
Jun 19941,14124117.09$19,500
May 19941,38824115.88$22,041
Apr 19941,04324514.14$14,748
Mar 199497514212.46$12,149
Feb 19941,21019712.50$15,125
Jan 199486914212.66$11,002
Dec 199394913012.33$11,701
Nov 199387912714.49$12,737
Oct 19931,0099415.85$15,993
Sep 199397415115.03$14,639
Aug 19931,03415015.66$16,192
Jul 199376113615.46$11,765
Jun 199394812816.79$15,917
May 199397019117.68$17,150
Apr 19931,01023518.05$18,231
Mar 19931,03218518.14$18,720
Feb 19931,00414817.90$17,972
Jan 19931,09617616.93$18,555

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.

Sep 2000 — as filed, then multipliedworked
Oil                    2 bbl  × $ 31.87 =        $64
Casinghead gas         0 Mcf  × $  5.19 =         $0

────────────────────────────────────────────────────
Month total                                      $64

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/31758 is the state's own key, not one this site invented.