WARD "17"

Operated by FOUNDATION ENERGY MANAGEMENT LLC (P-5 280875) in the WOULD HAVE (CLEARFORK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 37441District 08Field 98899075OilCasinghead gasSaveExport
Value, all time
$12.1 M
Oct 2004 – Aug 2020
Value, last 12 filed months
$12 k
at the published price for each month
Months reported
191
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 28 leases and 114 wells, and the rule below applies to all of them.

Discovered
2001-03-01
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

The Commission's schedule remark for this field reads: #85280300 EFF 12/01/2019

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
OilDisposition185,539 bbl$11,285,487
Casinghead gasProduction97,283 Mcf$765,598
Total$12,051,085

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 32.2970, -101.5426. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.29701, -101.54260 · 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
0.0%
0 of 1 wells
Median depth
5,675 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
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 5,675 ft.

Completions filed
Sep 2004
1 of 1 wells

1 well

42-2273584215,675 ftSep 2004Yes

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 (191)

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

191 months

Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 2019214055.302.75$11,834
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 201633041.442.92$1,368
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 2016198027.352.36$5,415
Dec 2015256232.362.00$933
Nov 2015116038.792.17$557
Oct 201553443.552.43$300
Sep 20151766042.992.76$7,732
Aug 20153406240.162.87$13,832
Jul 20151686248.152.95$8,272
Jun 20153426056.152.88$19,376
May 20153396255.212.96$18,899
Apr 20153436049.822.71$17,251
Mar 20153466242.892.93$15,022
Feb 20151775644.662.98$8,071
Jan 20151685243.433.10$7,457
Dec 20141716254.693.59$9,575
Nov 20143316070.464.25$23,577
Oct 20141696278.303.90$13,475
Sep 20143316086.164.05$28,762
Aug 20141726289.394.04$15,625
Jul 20143216296.564.18$31,255
Jun 20143255298.164.74$32,148
May 20143346294.734.73$31,933
Apr 20143174295.944.81$30,615
Mar 20141726295.895.06$16,807
Feb 20143385697.406.19$33,268
Jan 20141736090.404.86$15,931
Dec 20133396291.824.35$31,397
Nov 20131756088.853.74$15,773
Oct 20133376297.423.78$33,065
Sep 201332660104.113.72$34,163
Aug 201316862104.253.52$17,732
Jul 201334462102.523.72$35,497
Jun 20133386094.403.93$32,143
May 20133426294.834.15$32,689
Apr 20131696093.964.28$16,136
Mar 20133436293.623.91$32,354
Feb 20133405691.233.42$31,210
Jan 20133394891.603.42$31,217
Dec 20123426286.773.42$29,887
Nov 20123396086.953.62$29,694
Oct 20123416289.383.40$30,689
Sep 20123386094.672.92$32,174
Aug 20123336292.662.91$31,036
Jul 20123366285.133.02$28,791
Jun 20125096079.822.52$40,780
May 20123396291.612.49$31,210
Apr 201245550101.652.00$46,351
Mar 201249862105.052.22$52,453
Feb 201233958101.102.57$34,422
Jan 20125326298.092.73$52,353
Dec 20113566296.873.24$34,687
Nov 20113496095.723.31$33,605
Oct 20113576284.983.65$30,564
Sep 20115466083.623.99$45,896
Aug 20115266083.404.15$44,117
Jul 201101094.144.52$45
Jun 20116726092.904.64$62,707
May 20115066298.134.40$49,927
Apr 201133560105.964.33$35,757
Mar 20116786296.364.06$65,584
Feb 20113375685.644.18$29,095
Jan 20115056286.504.59$43,967
Dec 20105256285.734.35$45,278
Nov 20103426080.843.80$27,875
Oct 20105066278.103.51$39,736
Sep 20105026072.633.98$36,699
Aug 20105036273.684.42$37,335
Jul 20105046272.554.74$36,859
Jun 20105076070.364.91$35,967
May 20106896271.124.24$49,264
Apr 20106736081.694.12$55,225
Mar 20105076278.394.39$40,016
Feb 20105095673.585.44$37,757
Jan 20106795874.365.96$50,836
Dec 20098486271.445.48$60,921
Nov 20095066074.593.75$37,968
Oct 20096746272.544.11$49,147
Sep 20096806065.543.06$44,751
Aug 20095006267.423.22$33,910
Jul 20096656261.133.46$40,866
Jun 20098427766.163.90$56,007
May 20094956254.743.93$27,340
Apr 20098496046.773.59$39,923
Mar 20096766242.144.06$28,738
Feb 20098625632.814.63$28,542
Jan 20098566235.865.37$31,029
Dec 20086866237.105.98$25,821
Nov 20088516055.496.86$47,634
Oct 20081,2026275.246.92$90,868
Sep 2008849185101.767.88$87,852
Aug 20081,012918114.228.48$123,378
Jul 20081,030924131.0811.39$145,536
Jun 2008856721131.3313.03$121,815
May 2008833828123.1711.57$112,184
Apr 2008689811110.3110.45$84,482
Mar 20081,029819101.909.66$112,770
Feb 20081,19179892.538.77$117,202
Jan 20081,03085790.388.21$100,124
Dec 20071,54487988.337.30$142,800
Nov 200768772391.677.29$68,249
Oct 200785895482.856.92$77,689
Sep 20071,5281,01075.846.24$122,190
Aug 20071,0231,07769.066.39$77,528
Jul 20071,0171,11870.906.39$79,247
Jun 20071,2311,11662.007.55$84,746
May 20071,7061,17158.747.85$109,398
Apr 20071,0451,17059.617.81$71,425
Mar 20071,3981,24156.927.30$88,636
Feb 20071,2411,18255.108.22$78,090
Jan 20071,4861,45550.306.73$84,533
Dec 20061,9031,46856.656.92$117,961
Nov 20061,6961,46454.207.62$103,075
Oct 20061,7981,59054.906.01$108,272
Sep 20061,7981,59060.085.04$116,033
Aug 20061,7821,58268.717.34$134,053
Jul 20062,1741,69169.376.34$161,536
Jun 20062,0911,89666.286.38$150,695
May 20062,5812,08866.016.42$183,787
Apr 20062,2942,13364.397.36$163,411
Mar 20062,9721,99056.707.08$182,607
Feb 20062,7151,47557.597.75$167,790
Jan 20063,6822,27060.598.93$243,371
Dec 20053,4512,77154.9413.42$226,772
Nov 20053,8773,10254.6910.59$244,878
Oct 20054,9283,43958.3413.80$334,943
Sep 20055,2383,40161.4512.08$362,956
Aug 20055,6043,93861.519.80$383,282
Jul 20056,4883,78055.697.84$390,966
Jun 20056,8664,23352.337.38$390,542
May 20057,4064,67945.226.65$366,020
Apr 20057,1633,80249.207.36$380,404
Mar 20058,0033,38350.377.15$427,316
Feb 20057,0193,00545.226.31$336,367
Jan 20058,6103,78643.166.32$395,543
Dec 20049,1603,69239.866.75$390,043
Nov 20046,7092,51345.286.33$319,692
Oct 20047,1431,40049.706.52$364,128

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 2019 — as filed, then multipliedworked
Oil                  214 bbl  × $ 55.30 =    $11,834
Casinghead gas         0 Mcf  × $  2.75 =         $0

────────────────────────────────────────────────────
Month total                                  $11,834

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/37441 is the state's own key, not one this site invented.