FULTZ

Name: FULTZ lease production and value, Dec 2004 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by WILLOWBEND INVESTMENTS, INC. (P-5 927665) 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 207270District 09Field 65280200CondensateGasSave Export

Value, all time

$2.0 M

Dec 2004 – Oct 2017

Value, last 12 filed months

$21 k

at the published price for each month

Months reported

155

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”

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	231 bbl	$17,304
Gas	Production	336,026 Mcf	$1,958,111
Total			$1,975,415

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 33.0722, -97.9321. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.07219, -97.93212 · 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

6,000 ft

1 wells filed one

Completion to plug

12.7 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 6,000 ft.

Completions filed

Feb 2005

1 of 1 wells

Plug dates filed

Oct 2017

1 of 1 wells

Last completion to plug: a median of 12.7 years across the 1 well that filed both dates, with the middle half between 12.7 years and 12.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-23738813	1	6,000 ft	Feb 2005	Oct 2017	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 (155)

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

155 months


Oct 2017	0	0	49.29	2.98	$0
Sep 2017	0	0	47.52	3.09	$0
Aug 2017	0	0	45.37	3.00	$0
Jul 2017	81	0	43.87	3.09	$3,553
Jun 2017	0	656	42.49	3.09	$2,025
May 2017	0	1,013	45.37	3.26	$3,306
Apr 2017	0	85	47.93	3.21	$273
Mar 2017	0	780	46.77	2.98	$2,327
Feb 2017	0	1,064	50.45	2.95	$3,142
Jan 2017	0	881	49.41	3.42	$3,012
Dec 2016	0	641	48.76	3.72	$2,386
Nov 2016	0	457	42.49	2.64	$1,208
Oct 2016	0	449	46.19	3.09	$1,388
Sep 2016	0	497	41.55	3.10	$1,541
Aug 2016	0	934	41.44	2.92	$2,731
Jul 2016	0	972	41.62	2.92	$2,842
Jun 2016	0	1,013	45.35	2.69	$2,721
May 2016	0	958	42.52	1.99	$1,907
Apr 2016	0	909	36.56	1.99	$1,810
Mar 2016	0	749	33.01	1.79	$1,344
Feb 2016	0	1,155	26.47	2.06	$2,383
Jan 2016	0	1,170	27.35	2.36	$2,766
Dec 2015	0	1,199	32.36	2.00	$2,400
Nov 2015	0	1,222	38.79	2.17	$2,648
Oct 2015	0	1,000	43.55	2.43	$2,427
Sep 2015	0	1,028	42.99	2.76	$2,836
Aug 2015	0	1,259	40.16	2.87	$3,616
Jul 2015	0	1,223	48.15	2.95	$3,602
Jun 2015	0	1,255	56.15	2.88	$3,618
May 2015	0	1,226	55.21	2.96	$3,623
Apr 2015	0	1,550	49.82	2.71	$4,195
Mar 2015	0	1,736	42.89	2.93	$5,095
Feb 2015	0	1,484	44.66	2.98	$4,417
Jan 2015	0	1,534	43.43	3.10	$4,756
Dec 2014	0	1,548	54.69	3.59	$5,559
Nov 2014	0	1,539	70.46	4.25	$6,544
Oct 2014	0	1,449	78.30	3.90	$5,652
Sep 2014	0	1,542	86.16	4.05	$6,238
Aug 2014	0	1,610	89.39	4.04	$6,497
Jul 2014	0	1,684	96.56	4.18	$7,038
Jun 2014	0	1,604	98.16	4.74	$7,598
May 2014	0	1,671	94.73	4.73	$7,898
Apr 2014	0	1,596	95.94	4.81	$7,675
Mar 2014	0	1,634	95.89	5.06	$8,263
Feb 2014	0	1,485	97.40	6.19	$9,195
Jan 2014	0	1,433	90.40	4.86	$6,965
Dec 2013	0	1,618	91.82	4.35	$7,046
Nov 2013	0	1,572	88.85	3.74	$5,877
Oct 2013	0	1,693	97.42	3.78	$6,398
Sep 2013	0	1,656	104.11	3.72	$6,157
Aug 2013	0	1,807	104.25	3.52	$6,365
Jul 2013	0	1,811	102.52	3.72	$6,733
Jun 2013	0	1,462	94.40	3.93	$5,751
May 2013	0	1,523	94.83	4.15	$6,319
Apr 2013	0	1,471	93.96	4.28	$6,300
Mar 2013	0	1,525	93.62	3.91	$5,967
Feb 2013	0	1,304	91.23	3.42	$4,460
Jan 2013	0	1,712	91.60	3.42	$5,855
Dec 2012	0	1,741	86.77	3.42	$5,955
Nov 2012	0	1,667	86.95	3.62	$6,043
Oct 2012	0	1,883	89.38	3.40	$6,402
Sep 2012	0	1,523	94.67	2.92	$4,445
Aug 2012	0	1,926	92.66	2.91	$5,601
Jul 2012	0	1,892	85.13	3.02	$5,715
Jun 2012	0	1,879	79.82	2.52	$4,733
May 2012	0	1,921	91.61	2.49	$4,780
Apr 2012	0	1,872	101.65	2.00	$3,738
Mar 2012	0	1,926	105.05	2.22	$4,280
Feb 2012	0	1,759	101.10	2.57	$4,521
Jan 2012	0	1,925	98.09	2.73	$5,263
Dec 2011	0	1,892	96.87	3.24	$6,130
Nov 2011	0	1,797	95.72	3.31	$5,950
Oct 2011	0	1,880	84.98	3.65	$6,859
Sep 2011	0	1,539	83.62	3.99	$6,134
Aug 2011	0	1,663	83.40	4.15	$6,900
Jul 2011	0	1,560	94.14	4.52	$7,047
Jun 2011	0	1,621	92.90	4.64	$7,521
May 2011	0	1,726	98.13	4.40	$7,603
Apr 2011	0	1,767	105.96	4.33	$7,657
Mar 2011	0	1,787	96.36	4.06	$7,250
Feb 2011	0	1,778	85.64	4.18	$7,432
Jan 2011	0	2,198	86.50	4.59	$10,086
Dec 2010	0	2,191	85.73	4.35	$9,526
Nov 2010	0	2,235	80.84	3.80	$8,483
Oct 2010	0	2,283	78.10	3.51	$8,011
Sep 2010	0	2,165	72.63	3.98	$8,616
Aug 2010	0	2,341	73.68	4.42	$10,346
Jul 2010	0	2,378	72.55	4.74	$11,263
Jun 2010	0	2,511	70.36	4.91	$12,330
May 2010	0	2,272	71.12	4.24	$9,622
Apr 2010	0	2,292	81.69	4.12	$9,449
Mar 2010	0	2,236	78.39	4.39	$9,813
Feb 2010	0	2,095	73.58	5.44	$11,402
Jan 2010	0	2,376	74.36	5.96	$14,171
Dec 2009	0	2,372	71.44	5.48	$13,007
Nov 2009	0	2,331	74.59	3.75	$8,745
Oct 2009	0	2,394	72.54	4.11	$9,840
Sep 2009	0	2,379	65.54	3.06	$7,291
Aug 2009	0	2,528	67.42	3.22	$8,136
Jul 2009	0	2,553	61.13	3.46	$8,845
Jun 2009	0	2,488	66.16	3.90	$9,691
May 2009	0	2,507	54.74	3.93	$9,842
Apr 2009	0	2,531	46.77	3.59	$9,080
Mar 2009	0	2,697	42.14	4.06	$10,947
Feb 2009	0	2,099	32.81	4.63	$9,725
Jan 2009	0	2,480	35.86	5.37	$13,320
Dec 2008	0	2,500	37.10	5.98	$14,943
Nov 2008	0	2,426	55.49	6.86	$16,643
Oct 2008	0	2,649	75.24	6.92	$18,336
Sep 2008	0	2,340	101.76	7.88	$18,432
Aug 2008	0	2,622	114.22	8.48	$22,242
Jul 2008	0	2,710	131.08	11.39	$30,865
Jun 2008	0	2,657	131.33	13.03	$34,628
May 2008	0	2,807	123.17	11.57	$32,489
Apr 2008	0	2,665	110.31	10.45	$27,862
Mar 2008	0	2,902	101.90	9.66	$28,045
Feb 2008	0	3,152	92.53	8.77	$27,645
Jan 2008	0	3,523	90.38	8.21	$28,909
Dec 2007	0	3,493	88.33	7.30	$25,506
Nov 2007	150	3,481	91.67	7.29	$39,133
Oct 2007	0	3,853	82.85	6.92	$26,670
Sep 2007	0	3,780	75.84	6.24	$23,603
Aug 2007	0	3,771	69.06	6.39	$24,089
Jul 2007	0	3,884	70.90	6.39	$24,811
Jun 2007	0	3,810	62.00	7.55	$28,760
May 2007	0	3,404	58.74	7.85	$26,709
Apr 2007	0	3,621	59.61	7.81	$28,263
Mar 2007	0	3,850	56.92	7.30	$28,113
Feb 2007	0	3,435	55.10	8.22	$28,222
Jan 2007	0	3,896	50.30	6.73	$26,208
Dec 2006	0	4,056	56.65	6.92	$28,061
Nov 2006	0	3,995	54.20	7.62	$30,432
Oct 2006	0	4,331	54.90	6.01	$26,046
Sep 2006	0	4,439	60.08	5.04	$22,360
Aug 2006	0	4,685	68.71	7.34	$34,388
Jul 2006	0	4,854	69.37	6.34	$30,788
Jun 2006	0	4,811	66.28	6.38	$30,713
May 2006	0	5,333	66.01	6.42	$34,265
Apr 2006	0	7,897	64.39	7.36	$58,126
Mar 2006	0	5,864	56.70	7.08	$41,534
Feb 2006	0	6,199	57.59	7.75	$48,049
Jan 2006	0	7,157	60.59	8.93	$63,936
Dec 2005	0	3,298	54.94	13.42	$44,244
Nov 2005	0	2,394	54.69	10.59	$25,349
Oct 2005	0	2,577	58.34	13.80	$35,552
Sep 2005	0	2,484	61.45	12.08	$30,004
Aug 2005	0	2,562	61.51	9.80	$25,100
Jul 2005	0	2,724	55.69	7.84	$21,366
Jun 2005	0	2,661	52.33	7.38	$19,641
May 2005	0	2,766	45.22	6.65	$18,397
Apr 2005	0	3,013	49.20	7.36	$22,177
Mar 2005	0	2,791	50.37	7.15	$19,969
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	0	0	39.86	6.75	$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.

Jul 2017 — as filed, then multipliedworked

Condensate            81 bbl  × $ 43.87 =     $3,553
Gas                    0 Mcf  × $  3.09 =         $0

────────────────────────────────────────────────────
Month total                                   $3,553

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/207270 is the state's own key, not one this site invented.