FAYE II

Operated by TOC ENERGY RESOURCES, LLC (P-5 860965) in the UNIVERSITY 31 WEST (U. DEVONIAN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 47971District 08Field 92505500OilCasinghead gasSaveExport
Value, all time
$2.0 M
Oct 2015 – May 2026
Value, last 12 filed months
$131 k
at the published price for each month
Months reported
128
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 38 leases and 104 wells, and the rule below applies to all of them.

Discovered
2011-10-27
as the register files it
Field class
Oil
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 20 acres. The field rule took effect on 2016-01-12.

The Commission's schedule remark for this field reads: TO RULE 51 (A) , 10 DAY RULE.STACKED LATERAL RULES ADOPTED.

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
OilDisposition32,523 bbl$1,899,709
Casinghead gasProduction40,929 Mcf$134,527
Total$2,034,236

Wells on this lease (4)

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 31.4672, -102.5364. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.7 miles.

31.46400, -102.53508 · 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
25.0%
1 of 4 wells
With a plug date
25.0%
1 of 4 wells
Median depth
9,317 ft
4 wells filed one
Completion to plug
7 months
median over 1 well

What the state filed about each well

On the RRC proration schedule
125.0%
A plug date is filed
125.0%
BothOn the schedule and plugged. Neither fact cancels the other.
125.0%
NeitherNo plug date, and not on the schedule.
375.0%

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

Between 8,662 and 10,140 ft, median 9,317 ft, over the 4 wells that filed a depth.

Completions filed
Dec 2013 – Mar 2019
4 of 4 wells
Plug dates filed
Oct 2019
1 of 4 wells; 3 filed none

Last completion to plug: a median of 7 months across the 1 well that filed both dates, with the middle half between 7 months and 7 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells

42-103366111H8,662 ftMar 2019Oct 2019Yes
42-1033629014139,345 ftMay 2014
42-1033621824109,288 ftFeb 2014
42-10336222261010,140 ftDec 2013

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 (128)

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

128 months

May 20261750106.413.05$18,622
Apr 20260098.932.87$0
Mar 20261852089.753.15$16,667
Feb 2026020963.503.75$784
Jan 202617623359.138.00$12,270
Dec 202536821256.664.41$21,787
Nov 20250058.593.93$0
Oct 2025185059.383.30$10,985
Sep 202516016162.743.08$10,534
Aug 2025018363.933.01$552
Jul 202518527866.743.32$13,269
Jun 202536728366.483.13$25,284
May 2025026160.553.23$844
Apr 202537225862.363.54$24,112
Mar 202519428067.704.27$14,329
Feb 202518823970.884.34$14,363
Jan 202519126474.324.28$15,325
Dec 202419025268.993.12$13,895
Nov 202418923169.052.20$13,558
Oct 202419325671.372.28$14,358
Sep 202418828069.612.36$13,749
Aug 202456632775.632.06$43,481
Jul 202418727379.932.15$15,533
Jun 2024020878.082.63$548
May 202417818378.812.20$14,430
Apr 202418122584.451.66$15,659
Mar 202436626180.301.55$29,793
Feb 2024019676.091.78$350
Jan 2024019873.023.30$653
Dec 202316522471.262.61$12,343
Nov 2023024677.892.81$691
Oct 202335329485.443.09$31,068
Sep 202317323889.042.74$16,055
Aug 202316925780.522.67$14,295
Jul 202336622274.852.64$27,982
Jun 20230068.962.26$0
May 202302870.622.23$62
Apr 202335125078.122.24$27,980
Mar 202318026672.852.39$13,750
Feb 202317324375.112.47$13,593
Jan 202355325776.533.39$43,192
Dec 2022022576.415.73$1,289
Nov 2022023985.005.65$1,349
Oct 202233728487.185.86$31,045
Sep 202218326884.888.16$17,721
Aug 2022034694.529.13$3,158
Jul 2022362298101.587.54$39,020
Jun 2022181301115.097.98$23,232
May 2022179306109.378.43$22,158
Apr 2022178290104.226.84$20,534
Mar 2022179278108.885.08$20,901
Feb 202217423691.054.86$16,989
Jan 202237023981.844.54$31,365
Dec 202117826771.323.90$13,736
Nov 202117325877.435.24$14,747
Oct 202118831979.795.71$16,823
Sep 202134830569.865.35$25,943
Aug 202115634866.024.22$11,768
Jul 202118227770.783.98$13,985
Jun 202118429369.493.38$13,777
May 202118029963.483.02$12,329
Apr 202136529360.362.76$22,840
Mar 202118033561.302.72$11,944
Feb 202118425357.805.55$12,039
Jan 202118731050.412.81$10,298
Dec 202018727444.642.68$9,081
Nov 202037128338.772.71$15,150
Oct 202037129936.972.48$14,457
Sep 2020029837.091.99$593
Aug 202033518439.982.39$13,832
Jul 202064825638.371.83$25,331
Jun 202003434.901.69$57
May 2020032216.921.81$584
Apr 202055935414.751.80$8,884
Mar 2020036430.341.86$676
Feb 202075831949.881.98$38,441
Jan 2020036957.252.09$773
Dec 2019035759.012.30$823
Nov 20191,10934955.302.75$62,288
Oct 2019037953.472.42$917
Sep 2019042855.052.66$1,137
Aug 2019041053.112.30$945
Jul 201956444656.272.46$32,833
Jun 2019045552.782.49$1,134
May 201969444958.482.74$41,816
Apr 201935742562.632.75$23,528
Mar 2019037656.803.06$1,151
Feb 201919439750.852.79$10,973
Jan 2019035646.033.23$1,149
Dec 20181,13940346.594.19$54,753
Nov 201836444452.934.24$21,148
Oct 2018044761.443.40$1,519
Sep 2018044959.543.11$1,395
Aug 201864538559.403.07$39,494
Jul 201818147265.142.93$13,174
Jun 2018042560.183.08$1,308
May 201873950465.382.90$49,778
Apr 2018048963.842.90$1,418
Mar 201872450361.222.79$45,725
Feb 201854945561.782.77$35,176
Jan 201818550162.874.01$13,640
Dec 201718138957.272.92$11,502
Nov 201755048255.423.12$31,984
Oct 201773152849.292.98$37,606
Sep 2017049547.523.09$1,528
Aug 201773251945.373.00$34,770
Jul 201734854743.873.09$16,956
Jun 201752253442.493.09$23,828
May 2017049645.373.26$1,619
Apr 201770452247.933.21$35,419
Mar 2017065546.772.98$1,954
Feb 201770758750.452.95$37,401
Jan 201771364249.413.42$37,424
Dec 20161,03881348.763.72$53,640
Nov 20161,4381,24442.492.64$64,390
Oct 201634735946.193.09$17,137
Sep 201602241.553.10$68
Aug 2016035241.442.92$1,029
Jul 2016010741.622.92$313
Jun 2016037745.352.69$1,013
May 2016012242.521.99$243
Apr 2016032536.561.99$647
Mar 201617729833.011.79$6,377
Feb 201650841826.472.06$14,309
Jan 201686036227.352.36$24,377
Dec 20151791032.362.00$5,812
Nov 2015042238.792.17$915
Oct 2015047943.552.43$1,162

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.

May 2026 — as filed, then multipliedworked
Oil                  175 bbl  × $106.41 =    $18,622
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $18,622

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/47971 is the state's own key, not one this site invented.