WOULD HAVE EAST SIDE UNIT

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 37786District 08Field 98899075OilCasinghead gasSaveExport
Value, all time
$57.0 M
Jun 2006 – Jul 2020
Value, last 12 filed months
$764 k
at the published price for each month
Months reported
170
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
OilDisposition784,912 bbl$56,165,236
Casinghead gasProduction134,040 Mcf$879,441
Total$57,044,677

Wells on this lease (27)

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 32.2957, -101.5596. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.3 miles.

32.29409, -101.55912 · 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%
27 of 27 wells
With a plug date
11.1%
3 of 27 wells
Median depth
5,725 ft
27 wells filed one
Completion to plug
16.5 years
median over 3 wells

What the state filed about each well

On the RRC proration schedule
27100.0%
A plug date is filed
311.1%
BothOn the schedule and plugged. Neither fact cancels the other.
311.1%
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

Total depth in feet, 27 of 27 wells. Median 5,725 ft, with the middle half between 5,702 and 5,748 ft; the shallowest is 5,692 ft and the deepest 5,825 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 27 of 27 wells, Sep 2001 – Jul 2019. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Sep 2001 – Jul 2019
27 of 27 wells
Plug dates filed
Apr 2020 – Aug 2023
3 of 27 wells; 24 filed none

Last completion to plug: a median of 16.5 years across the 3 wells that filed both dates, with the middle half between 16.5 years and 16.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

27 wells

42-2273976616195,700 ftJul 2019Yes
42-2273976516185,692 ftJun 2019Yes
42-2273976316175,700 ftMay 2019Yes
42-2273581117085,780 ftJul 2018Yes
42-2273578416055,711 ftOct 2013Yes
42-2273577816045,715 ftApr 2007Yes
42-2273578516155,730 ftMar 2007Aug 2023Yes
42-2273575516025,745 ftMar 2007Yes
42-2273578016115,725 ftMar 2007Yes
42-2273596817095,800 ftMar 2007Yes
42-2273590914155,700 ftJan 2005Yes
42-2273584317075,700 ftFeb 2004Yes
42-2273583817025,760 ftJan 2004Yes
42-2273581017015,780 ftNov 2003Yes
42-2273575316165,735 ftNov 2003Yes
42-2273582315145,734 ftOct 2003Apr 2020Yes
42-2273579616125,825 ftOct 2003Yes
42-2273579114165,755 ftAug 2003Yes
42-2273579816145,730 ftApr 2003May 2020Yes
42-2273577516065,715 ftNov 2002Yes
42-2273575016075,700 ftNov 2002Yes
42-2273577116105,716 ftOct 2002Yes
42-2273576615165,750 ftOct 2002Yes
42-2273576716035,725 ftOct 2002Yes
42-2273574416015,704 ftNov 2001Yes
42-2273574316095,700 ftOct 2001Yes
42-2273574016085,722 ftSep 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 (170)

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

170 months

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 20194,045055.302.75$223,689
Oct 20193,265053.472.42$174,580
Sep 20192,864055.052.66$157,663
Aug 20193,927053.112.30$208,563
Jul 20193,833056.272.46$215,683
Jun 20193,523052.782.49$185,944
May 20192,107058.482.74$123,217
Apr 20192,231062.632.75$139,728
Mar 20192,339056.803.06$132,855
Feb 20192,655050.852.79$135,007
Jan 20193,240046.033.23$149,137
Dec 20182,846046.594.19$132,595
Nov 20182,523052.934.24$133,542
Oct 20183,111061.443.40$191,140
Sep 20182,545059.543.11$151,529
Aug 20183,084059.403.07$183,190
Jul 20182,775065.142.93$180,764
Jun 20182,512060.183.08$151,172
May 20182,862065.382.90$187,118
Apr 20182,309063.842.90$147,407
Mar 20183,471061.222.79$212,495
Feb 20182,641061.782.77$163,161
Jan 20183,584062.874.01$225,326
Dec 20171,998057.272.92$114,425
Nov 20172,964055.423.12$164,265
Oct 20172,918049.292.98$143,828
Sep 20173,769047.523.09$179,103
Aug 20172,157045.373.00$97,863
Jul 20173,226043.873.09$141,525
Jun 20173,444042.493.09$146,336
May 20172,519045.373.26$114,287
Apr 20172,509047.933.21$120,256
Mar 20173,507046.772.98$164,022
Feb 20172,625050.452.95$132,431
Jan 20173,5216049.413.42$174,178
Dec 20164,5796048.763.72$223,495
Nov 20163,5333042.492.64$150,197
Oct 20163,6783046.193.09$169,980
Sep 20162,8303041.553.10$117,680
Aug 20163,9293141.442.92$162,908
Jul 20163,7253141.622.92$155,125
Jun 20163,9043145.352.69$177,130
May 20164,0553042.521.99$172,478
Apr 20164,0039036.561.99$146,529
Mar 20164,3759033.011.79$144,580
Feb 20164,0579026.472.06$107,575
Jan 20164,836027.352.36$132,265
Dec 20154,79136932.362.00$155,775
Nov 20154,10036438.792.17$159,828
Oct 20155,48037543.552.43$239,564
Sep 20154,40936642.992.76$190,552
Aug 20154,80637640.162.87$194,089
Jul 20154,61337548.152.95$223,220
Jun 20154,97136756.152.88$280,180
May 20154,64337555.212.96$257,448
Apr 20154,66835549.822.71$233,521
Mar 20155,31137042.892.93$228,875
Feb 20153,61634044.662.98$162,502
Jan 20154,63334243.433.10$202,272
Dec 20145,46337154.693.59$300,104
Nov 20144,56736370.464.25$323,334
Oct 20144,94837278.303.90$388,880
Sep 20144,87336686.164.05$421,338
Aug 20144,74737589.394.04$425,848
Jul 20144,36437696.564.18$422,959
Jun 20144,68636598.164.74$461,707
May 20145,07737594.734.73$482,717
Apr 20144,50136595.944.81$433,581
Mar 20144,41337195.895.06$425,039
Feb 20143,63234097.406.19$355,862
Jan 20144,49437190.404.86$408,061
Dec 20134,48936891.824.35$413,782
Nov 20134,32835888.853.74$385,881
Oct 20134,15336897.423.78$405,976
Sep 20134,113360104.113.72$429,543
Aug 20134,074369104.253.52$426,014
Jul 20134,771374102.523.72$490,513
Jun 20134,04736694.403.93$383,476
May 20134,62537394.834.15$440,136
Apr 20134,39436893.964.28$414,436
Mar 20134,91036693.623.91$461,106
Feb 20133,76733791.233.42$344,816
Jan 20134,78737291.603.42$439,761
Dec 20124,78737886.773.42$416,661
Nov 20124,14232686.953.62$361,329
Oct 20124,67529689.383.40$418,858
Sep 20124,69226994.672.92$444,977
Aug 20125,07127992.662.91$470,690
Jul 20125,40228185.133.02$460,721
Jun 20125,21626979.822.52$417,019
May 20126,18727891.612.49$567,483
Apr 20125,089270101.652.00$517,836
Mar 20124,956278105.052.22$521,246
Feb 20125,628260101.102.57$569,659
Jan 20126,10827698.092.73$599,888
Dec 20115,70128096.873.24$553,163
Nov 20115,08926995.723.31$488,010
Oct 20114,80227584.983.65$409,077
Sep 20114,93527083.623.99$413,741
Aug 20115,55728183.404.15$464,620
Jul 20114,90428194.144.52$462,932
Jun 20114,70226992.904.64$438,064
May 20113,89527998.134.40$383,445
Apr 20114,412270105.964.33$468,666
Mar 20115,42228096.364.06$523,600
Feb 20113,92125085.644.18$336,839
Jan 20114,48727886.504.59$389,401
Dec 20104,82228185.734.35$414,612
Nov 20104,61027280.843.80$373,705
Oct 20104,96227978.103.51$388,511
Sep 20105,29827072.633.98$385,868
Aug 20105,08828173.684.42$376,126
Jul 20105,44428072.554.74$396,288
Jun 20105,44927170.364.91$384,722
May 20105,80227871.124.24$413,816
Apr 20105,43127081.694.12$444,772
Mar 20106,62824878.394.39$520,657
Feb 20105,46814073.585.44$403,097
Jan 20106,31716774.365.96$470,728
Dec 20097,35515571.445.48$526,291
Nov 20096,10015174.593.75$455,565
Oct 20094,56315672.544.11$331,641
Sep 20097,05715065.543.06$462,975
Aug 20097,45315567.423.22$502,980
Jul 20098,36315561.133.46$511,767
Jun 20097,80015066.163.90$516,632
May 20098,27215554.743.93$453,418
Apr 20096,55015046.773.59$306,882
Mar 20097,69415542.144.06$324,854
Feb 20097,06014032.814.63$232,287
Jan 20097,36315535.865.37$264,870
Dec 20087,44615537.105.98$277,173
Nov 20088,26215055.496.86$459,487
Oct 20087,23115575.246.92$545,133
Sep 20087,775297101.767.88$793,524
Aug 20087,3851,735114.228.48$858,233
Jul 20087,7391,923131.0811.39$1,036,330
Jun 20086,2611,701131.3313.03$844,426
May 20085,9381,611123.1711.57$750,030
Apr 20085,8551,824110.3110.45$664,935
Mar 20085,3421,857101.909.66$562,296
Feb 20085,1411,83392.538.77$491,773
Jan 20086,2442,66190.388.21$586,168
Dec 20074,6792,86288.337.30$434,194
Nov 20075,3903,24391.677.29$517,748
Oct 20075,0543,75682.856.92$444,723
Sep 20075,6083,83175.846.24$449,232
Aug 20075,3733,94569.066.39$396,260
Jul 20075,5703,70170.906.39$418,555
Jun 20075,3713,75662.007.55$361,354
May 20075,0632,82558.747.85$319,566
Apr 20074,9552,61059.617.81$315,739
Mar 20075,7022,69456.927.30$344,229
Feb 20074,5183,77755.108.22$279,974
Jan 20077,2204,60950.306.73$394,170
Dec 20067,9805,12456.656.92$487,517
Nov 20066,8175,88054.207.62$414,272
Oct 20066,3046,84354.906.01$387,242
Sep 20066,9357,46660.085.04$454,263
Aug 20067,8958,33068.717.34$603,607
Jul 20067,1658,44869.376.34$550,620
Jun 200610,7489,06666.286.38$770,254

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                4,045 bbl  × $ 55.30 =   $223,689
Casinghead gas         0 Mcf  × $  2.75 =         $0

────────────────────────────────────────────────────
Month total                                 $223,689

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/37786 is the state's own key, not one this site invented.