CASSELMAN

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

Oil lease lease 34497District 08Field 84716500OilCasinghead gasSaveExport
Value, all time
$352 k
Apr 1995 – May 2003
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
98
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 5 wells, and the rule below applies to all of them.

Discovered
1975-08-07
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
OilDisposition18,255 bbl$329,249
Casinghead gasProduction22,860 Mcf$22,359
Total$351,608

13,901 Mcf of this lease's gas, across 21 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 32.0578, -102.2287. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.05782, -102.22870 · 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
11,815 ft
1 wells filed one
Completion to plug
7.6 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 11,815 ft.

Completions filed
Apr 1995
1 of 1 wells
Plug dates filed
Nov 2002
1 of 1 wells

Last completion to plug: a median of 7.6 years across the 1 well that filed both dates, with the middle half between 7.6 years and 7.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-32931422160411,815 ftApr 1995Nov 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 (98)

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

98 months

May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 200293026.464.23$2,461
Sep 200203027.443.64$109
Aug 20020025.963.16$0
Jul 200289024.583.06$2,188
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 200286023.653.51$2,034
Mar 20020022.003.10$0
Feb 2002103018.222.38$1,877
Jan 20020017.172.38$0
Dec 2001105016.932.36$1,778
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 200184024.262.25$2,038
Aug 20010024.873.05$0
Jul 200188023.933.20$2,106
Jun 20010024.563.82$0
May 2001100025.524.31$2,552
Apr 200150024.685.34$1,234
Mar 200155024.545.38$1,350
Feb 20010027.755.77$0
Jan 2001123027.478.40$3,379
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 2000157031.235.15$4,903
Sep 20000031.875.19$0
Aug 2000206029.644.54$6,106
Jul 20000028.534.09$0
Jun 2000144129.304.40$4,224
May 200001827.263.68$66
Apr 20001511424.513.12$3,745
Mar 20001536628.422.86$4,537
Feb 20000027.622.73$0
Jan 2000137325.272.48$3,469
Dec 199915412024.282.42$4,030
Nov 199916923323.192.43$4,486
Oct 1999027920.982.80$782
Sep 199917424621.752.62$4,429
Aug 199918931519.262.88$4,546
Jul 199947536817.892.37$9,371
Jun 199923943415.942.36$4,835
May 199922010015.792.32$3,706
Apr 1999202015.102.21$3,050
Mar 1999379012.471.84$4,726
Feb 199916709.981.82$1,667
Jan 199914412610.381.90$1,734
Dec 19981641229.201.77$1,725
Nov 199815913110.892.19$2,018
Oct 199817513612.421.97$2,441
Sep 199815112912.592.08$2,170
Aug 199816110311.301.91$2,016
Jul 199817213611.742.24$2,324
Jun 199839126711.242.24$4,992
May 199819834712.622.21$3,264
Apr 199820037813.042.51$3,555
Mar 199841042412.802.31$6,227
Feb 199820539713.952.30$3,773
Jan 199839841414.702.15$6,743
Dec 199737745716.322.41$7,255
Nov 199735645818.193.09$7,890
Oct 199731630419.253.15$7,041
Sep 199719415717.742.95$3,905
Aug 199749817817.862.55$9,349
Jul 199729121917.582.25$5,608
Jun 1997018217.242.26$411
May 199736425018.972.31$7,482
Apr 199736015617.882.08$6,762
Mar 1997036618.951.94$710
Feb 199772524720.492.21$15,400
Jan 199773164823.483.54$19,458
Dec 1996090123.32$0
Nov 1996083621.97$0
Oct 199635973523.31$8,368
Sep 199636870322.22$8,177
Aug 199638573520.26$7,800
Jul 199637769419.55$7,370
Jun 199637067618.73$6,930
May 199636940719.43$7,170
Apr 1996038621.51$0
Mar 199636440319.38$7,054
Feb 199636660216.98$6,215
Jan 199653177017.07$9,064
Dec 199574277817.19$12,755
Nov 1995055716.00$0
Oct 199569876215.43$10,770
Sep 199533754916.18$5,453
Aug 199537696015.92$5,986
Jul 199578781715.24$11,994
Jun 19953911,10216.41$6,416
May 1995344817.56$53
Apr 199508017.73$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.

Oct 2002 — as filed, then multipliedworked
Oil                   93 bbl  × $ 26.46 =     $2,461
Casinghead gas         0 Mcf  × $  4.23 =         $0

────────────────────────────────────────────────────
Month total                                   $2,461

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/34497 is the state's own key, not one this site invented.