FUNK, C. R.

Operated by MCCRACKEN, EUGENE (P-5 543370) in the BUNGER, SOUTH (STRAWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 21295District 09Field 13311500NGPA filingCondensateGasSaveExport
Value, all time
$76 k
Jan 1993 – Jan 2014
Value, last 12 filed months
$1 k
at the published price for each month
Months reported
253
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 leases and 3 wells, and the rule below applies to all of them.

Discovered
1961-01-14
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
CondensateDisposition13 bbl$1,266
GasProduction48,997 Mcf$74,755
Total$76,021

24,673 Mcf of this lease's gas, across 48 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 32.9899, -98.5385. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.98991, -98.53849 · 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
3,038 ft
1 wells filed one
Completion to plug
no well filed both dates

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 3,038 ft.

Plug dates filed
Jan 2014
1 of 1 wells

1 well

42-5030075813,038 ftJan 2014Yes

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 (253)

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

253 months

Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 201313097.423.78$1,266
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130291.233.42$7
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120292.662.91$6
Jul 20120285.133.02$6
Jun 20120279.822.52$5
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201202105.052.22$4
Feb 201200101.102.57$0
Jan 20120298.092.73$5
Dec 20110296.873.24$6
Nov 20110295.723.31$7
Oct 20110284.983.65$7
Sep 20110283.623.99$8
Aug 20110283.404.15$8
Jul 20110294.144.52$9
Jun 20110292.904.64$9
May 20110298.134.40$9
Apr 201102105.964.33$9
Mar 20110296.364.06$8
Feb 20110285.644.18$8
Jan 20110286.504.59$9
Dec 20100285.734.35$9
Nov 20100280.843.80$8
Oct 20100278.103.51$7
Sep 20100272.633.98$8
Aug 20100273.684.42$9
Jul 20100272.554.74$9
Jun 20100270.364.91$10
May 20100271.124.24$8
Apr 20100281.694.12$8
Mar 20100278.394.39$9
Feb 20100273.585.44$11
Jan 20100274.365.96$12
Dec 20090271.445.48$11
Nov 20090274.593.75$8
Oct 20090272.544.11$8
Sep 20090265.543.06$6
Aug 20090267.423.22$6
Jul 20090261.133.46$7
Jun 20090266.163.90$8
May 20090254.743.93$8
Apr 20090246.773.59$7
Mar 20090242.144.06$8
Feb 20090232.814.63$9
Jan 20090235.865.37$11
Dec 20080237.105.98$12
Nov 20080255.496.86$14
Oct 20080275.246.92$14
Sep 200802101.767.88$16
Aug 200802114.228.48$17
Jul 200802131.0811.39$23
Jun 200802131.3313.03$26
May 200802123.1711.57$23
Apr 200802110.3110.45$21
Mar 200802101.909.66$19
Feb 20080292.538.77$18
Jan 20080290.388.21$16
Dec 20070288.337.30$15
Nov 20070291.677.29$15
Oct 20070282.856.92$14
Sep 20070275.846.24$12
Aug 20070269.066.39$13
Jul 20070270.906.39$13
Jun 20070262.007.55$15
May 20070258.747.85$16
Apr 20070259.617.81$16
Mar 20070256.927.30$15
Feb 20070255.108.22$16
Jan 20070250.306.73$13
Dec 20060256.656.92$14
Nov 20060254.207.62$15
Oct 20060254.906.01$12
Sep 20060260.085.04$10
Aug 20060268.717.34$15
Jul 20060269.376.34$13
Jun 20060266.286.38$13
May 20060266.016.42$13
Apr 20060264.397.36$15
Mar 20060256.707.08$14
Feb 20060257.597.75$16
Jan 20060260.598.93$18
Dec 20050254.9413.42$27
Nov 20050254.6910.59$21
Oct 20050258.3413.80$28
Sep 20050261.4512.08$24
Aug 20050261.519.80$20
Jul 20050255.697.84$16
Jun 20050252.337.38$15
May 20050245.226.65$13
Apr 20050249.207.36$15
Mar 20050250.377.15$14
Feb 20050245.226.31$13
Jan 20050243.166.32$13
Dec 20040239.866.75$14
Nov 20040145.286.33$6
Oct 20040249.706.52$13
Sep 20040243.245.28$11
Aug 20040242.375.55$11
Jul 20040238.286.08$12
Jun 20040236.106.43$13
May 20040237.486.49$13
Apr 20040234.475.86$12
Mar 20040234.365.53$11
Feb 20040232.455.51$11
Jan 20040232.036.30$13
Dec 20030230.266.30$13
Nov 20030228.804.60$9
Oct 20030228.174.76$10
Sep 20030226.314.75$10
Aug 20030229.765.13$10
Jul 20030229.415.17$10
Jun 20030228.565.98$12
May 20030226.595.97$12
Apr 20030226.675.41$11
Mar 20030231.146.10$12
Feb 20030233.487.93$16
Jan 20030230.315.58$11
Dec 20020226.914.85$10
Nov 20020224.664.14$8
Oct 20020226.464.23$8
Sep 20020227.443.64$7
Aug 20020225.963.16$6
Jul 20020224.583.06$6
Jun 20020223.733.34$7
May 20020224.663.58$7
Apr 20020123.653.51$4
Mar 20020222.003.10$6
Feb 2002029018.222.38$689
Jan 2002018217.172.38$432
Dec 2001029016.932.36$686
Nov 2001027518.072.41$662
Oct 2001034519.782.53$872
Sep 2001011124.262.25$250
Aug 200102424.873.05$73
Jul 2001031623.933.20$1,010
Jun 2001028024.563.82$1,071
May 2001030225.524.31$1,301
Apr 2001036524.685.34$1,947
Mar 2001030824.545.38$1,656
Feb 2001023727.755.77$1,367
Jan 2001036127.478.40$3,032
Dec 2000036526.889.12$3,330
Nov 2000040932.215.66$2,314
Oct 2000046731.235.15$2,403
Sep 2000038631.875.19$2,002
Aug 2000040129.644.54$1,821
Jul 2000044628.534.09$1,824
Jun 2000046029.304.40$2,023
May 2000049327.263.68$1,814
Apr 2000051324.513.12$1,599
Mar 2000049928.422.86$1,427
Feb 2000046227.622.73$1,260
Jan 2000050225.272.48$1,245
Dec 1999052724.282.42$1,277
Nov 1999055223.192.43$1,344
Oct 1999068720.982.80$1,926
Sep 1999075021.752.62$1,964
Aug 199909319.262.88$267
Jul 19990117.892.37$2
Jun 19990015.942.36$0
May 199907815.792.32$181
Apr 1999047715.102.21$1,053
Mar 1999048612.471.84$893
Feb 199904419.981.82$802
Jan 1999049010.381.90$931
Dec 199805239.201.77$927
Nov 1998050810.892.19$1,110
Oct 1998061812.421.97$1,217
Sep 1998052012.592.08$1,083
Aug 1998054211.301.91$1,034
Jul 1998057711.742.24$1,291
Jun 1998053811.242.24$1,204
May 1998052512.622.21$1,158
Apr 1998047913.042.51$1,200
Mar 1998049812.802.31$1,150
Feb 1998046413.952.30$1,067
Jan 1998050814.702.15$1,095
Dec 1997052016.322.41$1,254
Nov 1997056118.193.09$1,733
Oct 1997051419.253.15$1,619
Sep 1997056217.742.95$1,661
Aug 1997026517.862.55$677
Jul 1997028517.582.25$640
Jun 1997022817.242.26$515
May 1997021618.972.31$499
Apr 1997024917.882.08$519
Mar 1997029418.951.94$570
Feb 1997010020.492.21$221
Jan 1997031323.483.54$1,108
Dec 1996043923.32$0
Nov 1996055121.97$0
Oct 1996064023.31$0
Sep 1996053822.22$0
Aug 1996071420.26$0
Jul 1996055019.55$0
Jun 1996054118.73$0
May 1996066119.43$0
Apr 1996053621.51$0
Mar 1996064019.38$0
Feb 1996049216.98$0
Jan 1996050517.07$0
Dec 1995052617.19$0
Nov 1995065716.00$0
Oct 1995059315.43$0
Sep 1995054816.18$0
Aug 1995069315.92$0
Jul 1995057515.24$0
Jun 1995062916.41$0
May 1995065417.56$0
Apr 1995059817.73$0
Mar 1995059916.44$0
Feb 1995054916.58$0
Jan 1995057015.92$0
Dec 1994049515.03$0
Nov 1994056315.90$0
Oct 1994066715.58$0
Sep 1994065415.29$0
Aug 1994059716.13$0
Jul 1994064117.56$0
Jun 1994039017.09$0
May 1994036115.88$0
Apr 1994041114.14$0
Mar 1994044812.46$0
Feb 1994037712.50$0
Jan 1994036512.66$0
Dec 1993046612.33$0
Nov 1993036214.49$0
Oct 1993031815.85$0
Sep 1993027315.03$0
Aug 1993026315.66$0
Jul 1993036415.46$0
Jun 1993052916.79$0
May 1993043717.68$0
Apr 1993048618.05$0
Mar 1993041118.14$0
Feb 1993039717.90$0
Jan 1993040016.93$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.

Oct 2013 — as filed, then multipliedworked
Condensate            13 bbl  × $ 97.42 =     $1,266
Gas                    0 Mcf  × $  3.78 =         $0

────────────────────────────────────────────────────
Month total                                   $1,266

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/21295 is the state's own key, not one this site invented.