FASKEN '20A'

Operated by CROWNQUEST OPERATING, LLC (P-5 191554) in the SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 38027District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$1.7 M
Dec 2006 – May 2018
Value, last 12 filed months
$0
at the published price for each month
Months reported
138
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 16,587 leases and 43,997 wells, and the rule below applies to all of them.

Discovered
1952-12-22
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2018-02-13.

The Commission's schedule remark for this field reads: SPRABERRY (TREND AREA) FIELD EFFECTIVE 10/1/2019.

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
OilDisposition18,923 bbl$1,484,909
Casinghead gasProduction45,338 Mcf$244,417
Total$1,729,325

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 31.9978, -101.8007. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.99782, -101.80066 · 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
9,570 ft
1 wells filed one
Completion to plug
9.4 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 9,570 ft.

Completions filed
Dec 2006
1 of 1 wells
Plug dates filed
May 2016
1 of 1 wells

Last completion to plug: a median of 9.4 years across the 1 well that filed both dates, with the middle half between 9.4 years and 9.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3293539819,570 ftDec 2006May 2016Yes

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 (138)

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

138 months

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 20160041.442.92$0
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 2016144326.472.06$3,818
Jan 20160227.352.36$5
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20152040.162.87$80
Jul 20151548.152.95$63
Jun 20150156.152.88$3
May 20151155.212.96$58
Apr 20152449.822.71$110
Mar 20154842.892.93$195
Feb 20150644.662.98$18
Jan 20152943.433.10$115
Dec 201402354.693.59$83
Nov 201441070.464.25$324
Oct 20140178.303.90$4
Sep 20140686.164.05$24
Aug 20140689.394.04$24
Jul 20141396.564.18$109
Jun 201402098.164.74$95
May 201401394.734.73$61
Apr 2014161595.944.81$15,470
Mar 201403495.895.06$172
Feb 201411697.406.19$196
Jan 20140090.404.86$0
Dec 2013212491.824.35$724
Nov 201318850188.853.74$18,577
Oct 201317947597.423.78$19,233
Sep 2013180499104.113.72$20,595
Aug 20130528104.253.52$1,860
Jul 2013185459102.523.72$20,673
Jun 201318530594.403.93$18,664
May 201318733994.834.15$19,140
Apr 2013041093.964.28$1,756
Mar 201318636793.623.91$18,849
Feb 201317547091.233.42$17,573
Jan 201318851791.603.42$18,989
Dec 201218951586.773.42$18,161
Nov 201218551086.953.62$17,934
Oct 201218150989.383.40$17,908
Sep 2012049794.672.92$1,450
Aug 201218251892.662.91$18,371
Jul 201217951685.133.02$16,797
Jun 201218450379.822.52$15,954
May 201218949691.612.49$18,549
Apr 2012189506101.652.00$20,222
Mar 2012183523105.052.22$20,386
Feb 20120477101.102.57$1,226
Jan 201218351498.092.73$19,356
Dec 201118651596.873.24$19,686
Nov 201118150995.723.31$19,011
Oct 201118254484.983.65$17,451
Sep 201118253283.623.99$17,339
Aug 201118253983.404.15$17,415
Jul 201118142094.144.52$18,937
Jun 201111137792.904.64$12,061
May 201118241598.134.40$19,688
Apr 2011182344105.964.33$20,775
Mar 201118240096.364.06$19,160
Feb 201135433285.644.18$31,704
Jan 201117752686.504.59$17,724
Dec 201018053685.734.35$17,762
Nov 201018552680.843.80$16,952
Oct 201018354578.103.51$16,205
Sep 201018051872.633.98$15,135
Aug 201016956973.684.42$14,967
Jul 201053455872.554.74$41,385
Jun 2010055470.364.91$2,720
May 2010054371.124.24$2,300
Apr 201055141381.694.12$46,714
Mar 2010057978.394.39$2,541
Feb 2010179473.585.44$13,193
Jan 2010042174.365.96$2,511
Dec 200918051071.445.48$15,656
Nov 200917861174.593.75$15,569
Oct 200917722072.544.11$13,744
Sep 200917945765.543.06$13,132
Aug 200917851267.423.22$13,649
Jul 200918259761.133.46$13,194
Jun 200917957566.163.90$14,082
May 200917756554.743.93$11,907
Apr 200936545146.773.59$18,689
Mar 200918059642.144.06$10,004
Feb 200936735832.814.63$13,700
Jan 200918846635.865.37$9,245
Dec 200818351837.105.98$9,885
Nov 200818653655.496.86$13,998
Oct 200818058775.246.92$17,606
Sep 2008357392101.767.88$39,416
Aug 2008182567114.228.48$25,598
Jul 2008180642131.0811.39$30,906
Jun 2008180652131.3313.03$32,137
May 2008357690123.1711.57$51,958
Apr 2008182662110.3110.45$26,998
Mar 2008178700101.909.66$24,903
Feb 200835658492.538.77$38,063
Jan 200835765890.388.21$37,665
Dec 200716768288.337.30$19,731
Nov 200736268391.677.29$38,165
Oct 200735674782.856.92$34,665
Sep 200735876275.846.24$31,909
Aug 200717781769.066.39$17,443
Jul 200736083770.906.39$30,871
Jun 200753056262.007.55$37,102
May 200735659958.747.85$25,611
Apr 200753292359.617.81$38,917
Mar 20079011,56056.927.30$62,676
Feb 200772078055.108.22$46,080
Jan 200743066350.306.73$26,089
Dec 2006114456.656.92$1,053

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.

Feb 2016 — as filed, then multipliedworked
Oil                  144 bbl  × $ 26.47 =     $3,812
Casinghead gas         3 Mcf  × $  2.06 =         $6

────────────────────────────────────────────────────
Month total                                   $3,818

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/38027 is the state's own key, not one this site invented.