YATES, L. H. "B"

Operated by FAIRWAY RESOURCES OPERATING, LLC (P-5 259788) in the BOONSVILLE (BEND CONGL., GAS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 168870District 09Field 10574520NGPA filingCondensateGasSaveExport
Value, all time
$417 k
Jun 1998 – Aug 2012
Value, last 12 filed months
$628
at the published price for each month
Months reported
171
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 3,438 leases and 3,443 wells, and the rule below applies to all of them.

Discovered
1945-05-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1991-06-10.

The Commission's schedule remark for this field reads: AMOUNT HAD BEEN CALCULATED FOR 5/1/97.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition387 bbl$5,656
GasProduction138,968 Mcf$411,499
Total$417,156

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 33.1418, -97.9689. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.14175, -97.96888 · 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
5,665 ft
1 wells filed one
Completion to plug
12.0 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 5,665 ft.

Completions filed
Aug 2012
1 of 1 wells
Plug dates filed
Aug 2024
1 of 1 wells

Last completion to plug: a median of 12.0 years across the 1 well that filed both dates, with the middle half between 12.0 years and 12.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2373837725,665 ftAug 2012Aug 2024Yes

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 (171)

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

171 months

Aug 20120092.662.91$0
Jul 201207485.133.02$224
Jun 201202379.822.52$58
May 20120291.612.49$5
Apr 2012013101.652.00$26
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110496.873.24$13
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 201107683.623.99$303
Aug 201101583.404.15$62
Jul 201102594.144.52$113
Jun 201102592.904.64$116
May 20110998.134.40$40
Apr 201101105.964.33$4
Mar 2011025496.364.06$1,031
Feb 2011034585.644.18$1,442
Jan 2011018986.504.59$867
Dec 2010021385.734.35$926
Nov 2010021080.843.80$797
Oct 2010026378.103.51$923
Sep 2010022872.633.98$907
Aug 2010025273.684.42$1,114
Jul 2010022772.554.74$1,075
Jun 2010025970.364.91$1,272
May 2010021871.124.24$923
Apr 2010033881.694.12$1,393
Mar 2010012578.394.39$549
Feb 2010012373.585.44$669
Jan 2010011974.365.96$710
Dec 2009017471.445.48$954
Nov 2009021274.593.75$795
Oct 2009023572.544.11$966
Sep 2009026465.543.06$809
Aug 2009024067.423.22$772
Jul 2009017361.133.46$599
Jun 20090066.163.90$0
May 200903254.743.93$126
Apr 200904746.773.59$169
Mar 200907042.144.06$284
Feb 2009012232.814.63$565
Jan 2009018535.865.37$994
Dec 2008017737.105.98$1,058
Nov 2008015955.496.86$1,091
Oct 2008015275.246.92$1,052
Sep 20080368101.767.88$2,899
Aug 20080368114.228.48$3,122
Jul 20080357131.0811.39$4,066
Jun 20080382131.3313.03$4,978
May 20080332123.1711.57$3,843
Apr 20080227110.3110.45$2,373
Mar 20080196101.909.66$1,894
Feb 2008036792.538.77$3,219
Jan 2008017290.388.21$1,411
Dec 2007027488.337.30$2,001
Nov 2007021691.677.29$1,575
Oct 2007025482.856.92$1,758
Sep 2007027375.846.24$1,705
Aug 2007038569.066.39$2,459
Jul 2007041570.906.39$2,651
Jun 2007043462.007.55$3,276
May 2007051658.747.85$4,049
Apr 2007037259.617.81$2,904
Mar 2007050756.927.30$3,702
Feb 2007044855.108.22$3,681
Jan 2007039350.306.73$2,644
Dec 2006043956.656.92$3,037
Nov 2006043454.207.62$3,306
Oct 2006032254.906.01$1,936
Sep 2006038460.085.04$1,934
Aug 2006035368.717.34$2,591
Jul 2006045769.376.34$2,899
Jun 2006044866.286.38$2,860
May 2006040966.016.42$2,628
Apr 2006027364.397.36$2,009
Mar 2006035356.707.08$2,500
Feb 2006041557.597.75$3,217
Jan 2006040760.598.93$3,636
Dec 2005027954.9413.42$3,743
Nov 2005030554.6910.59$3,229
Oct 2005059758.3413.80$8,236
Sep 2005029061.4512.08$3,503
Aug 200509161.519.80$892
Jul 200502855.697.84$220
Jun 2005020552.337.38$1,513
May 2005026545.226.65$1,763
Apr 2005053749.207.36$3,953
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 200210024.664.14$247
Oct 200210026.464.23$265
Sep 200237027.443.64$1,015
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010318.072.41$7
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 200108024.873.05$244
Jul 2001012523.933.20$400
Jun 200109724.563.82$371
May 2001034825.524.31$1,499
Apr 2001057824.685.34$3,084
Mar 2001030024.545.38$1,613
Feb 2001073527.755.77$4,239
Jan 2001021427.478.40$1,797
Dec 2000026826.889.12$2,445
Nov 2000031432.215.66$1,777
Oct 2000036431.235.15$1,873
Sep 2000038231.875.19$1,981
Aug 2000035429.644.54$1,607
Jul 2000029328.534.09$1,198
Jun 2000068929.304.40$3,030
May 2000072727.263.68$2,675
Apr 2000084024.513.12$2,617
Mar 2000091028.422.86$2,602
Feb 2000096727.622.73$2,637
Jan 2000078525.272.48$1,947
Dec 1999093124.282.42$2,256
Nov 199901,05823.192.43$2,575
Oct 1999085620.982.80$2,400
Sep 199901,07421.752.62$2,813
Aug 199901,01719.262.88$2,924
Jul 1999651,59217.892.37$4,940
Jun 199902,23715.942.36$5,284
May 199903,14915.792.32$7,309
Apr 1999882,16015.102.21$6,098
Mar 199923,71412.471.84$6,853
Feb 199903,2149.981.82$5,842
Jan 199907,86810.381.90$14,949
Dec 199817312,2549.201.77$23,322
Nov 199827,58510.892.19$16,600
Oct 199809,37612.421.97$18,463
Sep 1998011,43212.592.08$23,809
Aug 1998014,51611.301.91$27,687
Jul 1998018,50011.742.24$41,390
Jun 199806,64311.242.24$14,862

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.

Jul 2012 — as filed, then multipliedworked
Condensate             0 bbl  × $ 85.13 =         $0
Gas                   74 Mcf  × $  3.02 =       $224

────────────────────────────────────────────────────
Month total                                     $224

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/168870 is the state's own key, not one this site invented.