WELLS, R. R.

Operated by FAGADAU ENERGY CORPORATION (P-5 257680) in the BELLEVUE, N. (CONGL.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 126127District 09Field 06938200CondensateGasSaveExport
Value, all time
$3 k
Jan 1993 – Jul 1997
Value, last 12 filed months
$286
at the published price for each month
Months reported
55
no gaps in the span
Streams
2
condensate, 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 4 leases and 4 wells, and the rule below applies to all of them.

Discovered
1982-02-01
as the register files it
Field class
Gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 1984-07-01.

The Commission's schedule remark for this field reads: PERMANENT FIELD RULES ADOPTED PER DOCKET 9-82,597 JUNE 18, 1984.

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
CondensateDisposition206 bbl$3,441
GasProduction21,656 Mcf$0
Total$3,441

21,656 Mcf of this lease's gas, across 37 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 33.6882, -98.0524. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.68822, -98.05245 · 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
6,475 ft
1 wells filed one
Completion to plug
9.3 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 6,475 ft.

Completions filed
Oct 1987
1 of 1 wells
Plug dates filed
Jan 1997
1 of 1 wells

Last completion to plug: a median of 9.3 years across the 1 well that filed both dates, with the middle half between 9.3 years and 9.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-0773260616,475 ftOct 1987Jan 1997Yes

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 (55)

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

55 months

Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 199716017.882.08$286
Mar 19970018.951.94$0
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 19960023.32$0
Nov 19960021.97$0
Oct 19960023.31$0
Sep 19960022.22$0
Aug 19960020.26$0
Jul 19960019.55$0
Jun 19960018.73$0
May 19960019.43$0
Apr 19960021.51$0
Mar 19960019.38$0
Feb 1996034316.98$0
Jan 1996046517.07$0
Dec 1995054217.19$0
Nov 1995053516.00$0
Oct 1995055915.43$0
Sep 1995050416.18$0
Aug 1995055615.92$0
Jul 1995051015.24$0
Jun 19959233016.41$1,510
May 1995047617.56$0
Apr 1995055917.73$0
Mar 1995066816.44$0
Feb 1995055816.58$0
Jan 1995074715.92$0
Dec 1994088515.03$0
Nov 1994089015.90$0
Oct 1994075915.58$0
Sep 1994067015.29$0
Aug 1994073816.13$0
Jul 1994084617.56$0
Jun 1994075617.09$0
May 199401,20115.88$0
Apr 1994089114.14$0
Mar 199401,10512.46$0
Feb 1994093912.50$0
Jan 199401,18312.66$0
Dec 1993055412.33$0
Nov 19930014.49$0
Oct 199304015.85$0
Sep 1993026315.03$0
Aug 1993028615.66$0
Jul 1993026815.46$0
Jun 19939830216.79$1,645
May 1993036117.68$0
Apr 1993037518.05$0
Mar 1993033918.14$0
Feb 1993034717.90$0
Jan 1993030616.93$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.

Apr 1997 — as filed, then multipliedworked
Condensate            16 bbl  × $ 17.88 =       $286
Gas                    0 Mcf  × $  2.08 =         $0

────────────────────────────────────────────────────
Month total                                     $286

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. 09/G/126127 is the state's own key, not one this site invented.