FURST RANCH

Name: FURST RANCH lease production and value, Sep 2003 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by EAGLERIDGE OPERATING, LLC (P-5 238462) in the NEWARK, EAST (BARNETT SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 198060District 09Field 652802002 tax incentive programmesCondensateGasSave Export

Value, all time

$3.1 M

Sep 2003 – Oct 2018

Value, last 12 filed months

at the published price for each month

Months reported

182

no gaps in the span

Streams

condensate, gas

The NEWARK, EAST (BARNETT SHALE) field

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 21,881 leases and 22,468 wells, and the rule below applies to all of them.

Discovered

1981-10-15

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 20 acres. The field rule took effect on 2009-09-29.

The Commission's schedule remark for this field reads: “DESIGNATED AS UFT FIELD PER DOCKET 01-0299858”

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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	2004-05-12	156277
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	4 bbl	$138
Gas	Production	521,789 Mcf	$3,135,615
Total			$3,135,753

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 33.0801, -97.1865. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.08013, -97.18648 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

9,365 ft

1 wells filed one

Completion to plug

13.7 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 9,365 ft.

Completions filed

Feb 2005

1 of 1 wells

Plug dates filed

Oct 2018

1 of 1 wells

Last completion to plug: a median of 13.7 years across the 1 well that filed both dates, with the middle half between 13.7 years and 13.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-12131933	J 1	9,365 ft	Feb 2005	Oct 2018	Yes

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 (182)

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

182 months


Oct 2018	0	0	61.44	3.40	$0
Sep 2018	0	0	59.54	3.11	$0
Aug 2018	0	0	59.40	3.07	$0
Jul 2018	0	0	65.14	2.93	$0
Jun 2018	0	0	60.18	3.08	$0
May 2018	0	0	65.38	2.90	$0
Apr 2018	0	0	63.84	2.90	$0
Mar 2018	0	0	61.22	2.79	$0
Feb 2018	0	0	61.78	2.77	$0
Jan 2018	0	0	62.87	4.01	$0
Dec 2017	0	0	57.27	2.92	$0
Nov 2017	0	0	55.42	3.12	$0
Oct 2017	0	0	49.29	2.98	$0
Sep 2017	0	7	47.52	3.09	$22
Aug 2017	0	43	45.37	3.00	$129
Jul 2017	0	16	43.87	3.09	$49
Jun 2017	0	57	42.49	3.09	$176
May 2017	0	0	45.37	3.26	$0
Apr 2017	0	72	47.93	3.21	$231
Mar 2017	0	32	46.77	2.98	$95
Feb 2017	0	28	50.45	2.95	$83
Jan 2017	0	42	49.41	3.42	$144
Dec 2016	0	35	48.76	3.72	$130
Nov 2016	0	26	42.49	2.64	$69
Oct 2016	0	0	46.19	3.09	$0
Sep 2016	0	35	41.55	3.10	$109
Aug 2016	0	47	41.44	2.92	$137
Jul 2016	0	28	41.62	2.92	$82
Jun 2016	0	53	45.35	2.69	$142
May 2016	0	238	42.52	1.99	$474
Apr 2016	0	52	36.56	1.99	$104
Mar 2016	0	208	33.01	1.79	$373
Feb 2016	0	243	26.47	2.06	$501
Jan 2016	0	384	27.35	2.36	$908
Dec 2015	0	400	32.36	2.00	$801
Nov 2015	0	435	38.79	2.17	$943
Oct 2015	0	305	43.55	2.43	$740
Sep 2015	0	294	42.99	2.76	$811
Aug 2015	0	264	40.16	2.87	$758
Jul 2015	0	477	48.15	2.95	$1,405
Jun 2015	0	310	56.15	2.88	$894
May 2015	0	520	55.21	2.96	$1,537
Apr 2015	0	741	49.82	2.71	$2,006
Mar 2015	0	780	42.89	2.93	$2,289
Feb 2015	0	463	44.66	2.98	$1,378
Jan 2015	0	550	43.43	3.10	$1,705
Dec 2014	0	985	54.69	3.59	$3,537
Nov 2014	0	826	70.46	4.25	$3,512
Oct 2014	0	866	78.30	3.90	$3,378
Sep 2014	0	848	86.16	4.05	$3,431
Aug 2014	0	1,015	89.39	4.04	$4,096
Jul 2014	0	1,068	96.56	4.18	$4,464
Jun 2014	0	1,123	98.16	4.74	$5,320
May 2014	0	1,208	94.73	4.73	$5,710
Apr 2014	0	801	95.94	4.81	$3,852
Mar 2014	0	993	95.89	5.06	$5,021
Feb 2014	0	588	97.40	6.19	$3,641
Jan 2014	0	609	90.40	4.86	$2,960
Dec 2013	0	413	91.82	4.35	$1,798
Nov 2013	0	1,597	88.85	3.74	$5,970
Oct 2013	0	2,070	97.42	3.78	$7,823
Sep 2013	0	2,270	104.11	3.72	$8,439
Aug 2013	0	1,695	104.25	3.52	$5,971
Jul 2013	0	1,081	102.52	3.72	$4,019
Jun 2013	0	474	94.40	3.93	$1,864
May 2013	0	263	94.83	4.15	$1,091
Apr 2013	0	178	93.96	4.28	$762
Mar 2013	0	267	93.62	3.91	$1,045
Feb 2013	0	117	91.23	3.42	$400
Jan 2013	0	13	91.60	3.42	$44
Dec 2012	0	454	86.77	3.42	$1,553
Nov 2012	0	1,229	86.95	3.62	$4,455
Oct 2012	0	1,348	89.38	3.40	$4,583
Sep 2012	0	1,260	94.67	2.92	$3,677
Aug 2012	0	1,361	92.66	2.91	$3,958
Jul 2012	0	915	85.13	3.02	$2,764
Jun 2012	0	1,112	79.82	2.52	$2,801
May 2012	0	1,361	91.61	2.49	$3,387
Apr 2012	0	1,648	101.65	2.00	$3,291
Mar 2012	0	1,420	105.05	2.22	$3,155
Feb 2012	0	1,376	101.10	2.57	$3,537
Jan 2012	0	1,445	98.09	2.73	$3,951
Dec 2011	0	1,753	96.87	3.24	$5,679
Nov 2011	0	1,490	95.72	3.31	$4,934
Oct 2011	0	1,127	84.98	3.65	$4,112
Sep 2011	0	1,132	83.62	3.99	$4,512
Aug 2011	0	846	83.40	4.15	$3,510
Jul 2011	0	1,069	94.14	4.52	$4,829
Jun 2011	0	1,105	92.90	4.64	$5,127
May 2011	0	1,598	98.13	4.40	$7,039
Apr 2011	0	2,245	105.96	4.33	$9,728
Mar 2011	0	2,966	96.36	4.06	$12,034
Feb 2011	0	4,681	85.64	4.18	$19,566
Jan 2011	0	6,047	86.50	4.59	$27,748
Dec 2010	0	10,095	85.73	4.35	$43,891
Nov 2010	0	10,921	80.84	3.80	$41,449
Oct 2010	0	7,085	78.10	3.51	$24,860
Sep 2010	0	6,420	72.63	3.98	$25,548
Aug 2010	0	7,024	73.68	4.42	$31,042
Jul 2010	0	4,128	72.55	4.74	$19,552
Jun 2010	0	2,355	70.36	4.91	$11,564
May 2010	0	2,108	71.12	4.24	$8,928
Apr 2010	0	1,900	81.69	4.12	$7,833
Mar 2010	0	2,005	78.39	4.39	$8,799
Feb 2010	0	1,736	73.58	5.44	$9,448
Jan 2010	0	2,343	74.36	5.96	$13,974
Dec 2009	0	3,412	71.44	5.48	$18,711
Nov 2009	0	2,184	74.59	3.75	$8,193
Oct 2009	0	3,090	72.54	4.11	$12,701
Sep 2009	0	4,481	65.54	3.06	$13,733
Aug 2009	0	4,396	67.42	3.22	$14,149
Jul 2009	0	4,482	61.13	3.46	$15,528
Jun 2009	0	3,854	66.16	3.90	$15,011
May 2009	0	2,716	54.74	3.93	$10,662
Apr 2009	0	3,940	46.77	3.59	$14,135
Mar 2009	0	5,142	42.14	4.06	$20,871
Feb 2009	0	4,063	32.81	4.63	$18,824
Jan 2009	0	1,685	35.86	5.37	$9,050
Dec 2008	0	5,641	37.10	5.98	$33,717
Nov 2008	0	59	55.49	6.86	$405
Oct 2008	0	3,687	75.24	6.92	$25,521
Sep 2008	0	2,612	101.76	7.88	$20,575
Aug 2008	0	1,210	114.22	8.48	$10,264
Jul 2008	0	81	131.08	11.39	$923
Jun 2008	0	1,921	131.33	13.03	$25,036
May 2008	0	0	123.17	11.57	$0
Apr 2008	0	3,344	110.31	10.45	$34,961
Mar 2008	0	1,271	101.90	9.66	$12,283
Feb 2008	0	1,570	92.53	8.77	$13,770
Jan 2008	0	3,331	90.38	8.21	$27,333
Dec 2007	0	3,911	88.33	7.30	$28,558
Nov 2007	0	3,841	91.67	7.29	$28,007
Oct 2007	0	4,003	82.85	6.92	$27,709
Sep 2007	0	3,644	75.84	6.24	$22,754
Aug 2007	0	4,030	69.06	6.39	$25,743
Jul 2007	0	3,539	70.90	6.39	$22,607
Jun 2007	0	3,162	62.00	7.55	$23,868
May 2007	0	4,273	58.74	7.85	$33,527
Apr 2007	0	4,359	59.61	7.81	$34,023
Mar 2007	0	3,956	56.92	7.30	$28,887
Feb 2007	0	3,310	55.10	8.22	$27,195
Jan 2007	0	3,047	50.30	6.73	$20,497
Dec 2006	0	4,550	56.65	6.92	$31,479
Nov 2006	0	4,737	54.20	7.62	$36,084
Oct 2006	0	4,466	54.90	6.01	$26,858
Sep 2006	0	3,738	60.08	5.04	$18,829
Aug 2006	0	4,641	68.71	7.34	$34,065
Jul 2006	0	1,721	69.37	6.34	$10,916
Jun 2006	0	6,546	66.28	6.38	$41,789
May 2006	0	5,703	66.01	6.42	$36,642
Apr 2006	0	4,303	64.39	7.36	$31,672
Mar 2006	0	6,331	56.70	7.08	$44,842
Feb 2006	0	4,300	57.59	7.75	$33,330
Jan 2006	0	5,407	60.59	8.93	$48,302
Dec 2005	0	5,939	54.94	13.42	$79,674
Nov 2005	0	5,216	54.69	10.59	$55,229
Oct 2005	0	5,784	58.34	13.80	$79,795
Sep 2005	0	6,362	61.45	12.08	$76,847
Aug 2005	0	7,544	61.51	9.80	$73,907
Jul 2005	0	6,299	55.69	7.84	$49,407
Jun 2005	0	6,708	52.33	7.38	$49,512
May 2005	0	8,105	45.22	6.65	$53,908
Apr 2005	0	10,087	49.20	7.36	$74,245
Mar 2005	0	9,635	50.37	7.15	$68,937
Feb 2005	0	5,615	45.22	6.31	$35,441
Jan 2005	0	6,470	43.16	6.32	$40,905
Dec 2004	0	6,109	39.86	6.75	$41,242
Nov 2004	0	2,504	45.28	6.33	$15,851
Oct 2004	0	5,995	49.70	6.52	$39,058
Sep 2004	0	7,618	43.24	5.28	$40,253
Aug 2004	0	4,515	42.37	5.55	$25,061
Jul 2004	0	7,202	38.28	6.08	$43,818
Jun 2004	0	7,608	36.10	6.43	$48,942
May 2004	0	8,055	37.48	6.49	$52,314
Apr 2004	4	6,376	34.47	5.86	$37,491
Mar 2004	0	12,101	34.36	5.53	$66,920
Feb 2004	0	11,069	32.45	5.51	$60,986
Jan 2004	0	11,217	32.03	6.30	$70,663
Dec 2003	0	12,532	30.26	6.30	$78,972
Nov 2003	0	11,985	28.80	4.60	$55,073
Oct 2003	0	9,139	28.17	4.76	$43,498
Sep 2003	0	16,649	26.31	4.75	$79,072

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.

Sep 2017 — as filed, then multipliedworked

Condensate             0 bbl  × $ 47.52 =         $0
Gas                    7 Mcf  × $  3.09 =        $22

────────────────────────────────────────────────────
Month total                                      $22

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/198060 is the state's own key, not one this site invented.