FORSYTHE SPEER

Operated by HAWKBEND LLC (P-5 100314) 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 264392District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.8 M
Dec 2011 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
174
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 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.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112012-08-24207127
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
CondensateDisposition3,474 bbl$291,789
GasProduction795,343 Mcf$2,477,589
Total$2,769,378

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 33.3379, -97.6935. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.33793, -97.69354 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
7,076 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
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

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 7,076 ft.

Completions filed
Dec 2011
1 of 1 wells

1 well

42-497372986H7,076 ftDec 2011

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 (174)

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

174 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20239068.962.26$621
May 202331070.622.23$2,189
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 202285087.185.86$7,410
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 202201,28381.844.54$5,822
Dec 202103,39571.323.90$13,238
Nov 202103,99877.435.24$20,937
Oct 202104,28579.795.71$24,484
Sep 202104,04469.865.35$21,639
Aug 202104,13166.024.22$17,435
Jul 202104,04670.783.98$16,112
Jun 202104,00569.493.38$13,539
May 202104,22263.483.02$12,741
Apr 202104,34160.362.76$11,974
Mar 202124,34161.302.72$11,917
Feb 202113,88457.805.55$21,606
Jan 202105,09750.412.81$14,324
Dec 202005,26744.642.68$14,092
Nov 202004,36538.772.71$11,814
Oct 202004,94036.972.48$12,243
Sep 202005,69037.091.99$11,329
Aug 202006,36339.982.39$15,176
Jul 202006,31138.371.83$11,518
Jun 202006,42234.901.69$10,855
May 202006,99116.921.81$12,687
Apr 2020687,15814.751.80$13,919
Mar 202007,59630.341.86$14,100
Feb 202007,48149.881.98$14,817
Jan 202008,09057.252.09$16,946
Dec 201908,56659.012.30$19,739
Nov 201906,50255.302.75$17,885
Oct 201904653.472.42$111
Sep 2019106255.052.66$5,841
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 2019038062.632.75$1,045
Mar 201904756.803.06$144
Feb 20190050.852.79$0
Jan 2019043646.033.23$1,407
Dec 201803,36846.594.19$14,097
Nov 20180252.934.24$8
Oct 201802,00161.443.40$6,800
Sep 201803,78059.543.11$11,748
Aug 2018046559.403.07$1,426
Jul 201802,40465.142.93$7,048
Jun 201803,87260.183.08$11,914
May 2018077365.382.90$2,242
Apr 201803,05363.842.90$8,856
Mar 201803,15661.222.79$8,795
Feb 201804,67261.782.77$12,923
Jan 201805,73762.874.01$23,001
Dec 201705,58257.272.92$16,308
Nov 201704,77255.423.12$14,881
Oct 201705,18049.292.98$15,455
Sep 201705,11847.523.09$15,801
Aug 201705,52245.373.00$16,590
Jul 201706,03243.873.09$18,622
Jun 201705,58742.493.09$17,249
May 2017436,39845.373.26$22,830
Apr 20171634,36747.933.21$21,838
Mar 201704,75246.772.98$14,178
Feb 201704,62050.452.95$13,641
Jan 201705,04849.413.42$17,258
Dec 201605,21848.763.72$19,426
Nov 201604,83742.492.64$12,791
Oct 201605,41246.193.09$16,724
Sep 201605,13241.553.10$15,912
Aug 201605,36941.442.92$15,701
Jul 201604,58441.622.92$13,405
Jun 201605,39345.352.69$14,485
May 201606,60842.521.99$13,157
Apr 201615,83736.561.99$11,658
Mar 201615,53133.011.79$9,956
Feb 20161035,55026.472.06$14,180
Jan 201616,28627.352.36$14,890
Dec 201506,28332.362.00$12,575
Nov 201507,07438.792.17$15,332
Oct 201506,17343.552.43$14,979
Sep 201505,07242.992.76$13,991
Aug 20151616,50540.162.87$25,151
Jul 201506,66948.152.95$19,641
Jun 201505,64056.152.88$16,259
May 201508,36155.212.96$24,711
Apr 201506,31349.822.71$17,087
Mar 201508,89542.892.93$26,104
Feb 201518,96444.662.98$26,723
Jan 201508,14243.433.10$25,245
Dec 20141688,99154.693.59$41,478
Nov 201407,59870.464.25$32,305
Oct 201409,92178.303.90$38,701
Sep 2014010,30986.164.05$41,704
Aug 2014010,15189.394.04$40,961
Jul 2014011,75196.564.18$49,114
Jun 20141697,00998.164.74$49,790
May 201418,74594.734.73$41,429
Apr 201409,94795.944.81$47,836
Mar 20144210,72395.895.06$58,251
Feb 2014111,02197.406.19$68,339
Jan 201417912,20490.404.86$75,502
Dec 201304,23291.824.35$18,428
Nov 201307,31388.853.74$27,338
Oct 201307,30197.423.78$27,593
Sep 20131756,784104.113.72$43,440
Aug 201316,468104.253.52$22,888
Jul 201305,175102.523.72$19,239
Jun 20130094.403.93$0
May 201323,98894.834.15$16,736
Apr 201335,03393.964.28$21,836
Mar 2013054993.623.91$2,148
Feb 20130091.233.42$0
Jan 2013168191.603.42$15,392
Dec 201203,18386.773.42$10,886
Nov 2012111,04986.953.62$40,139
Oct 2012114,83889.383.40$50,534
Sep 201217916,29094.672.92$64,487
Aug 2012020,04392.662.91$58,288
Jul 201217719,49485.133.02$73,955
Jun 2012021,26979.822.52$53,577
May 201217224,27891.612.49$76,168
Apr 201218028,750101.652.00$75,705
Mar 201235727,145105.052.22$97,821
Feb 201217717,480101.102.57$62,823
Jan 201253724,38598.092.73$119,345
Dec 2011812,09196.873.24$39,947

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.

Jun 2023 — as filed, then multipliedworked
Condensate             9 bbl  × $ 68.96 =       $621
Gas                    0 Mcf  × $  2.26 =         $0

────────────────────────────────────────────────────
Month total                                     $621

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/264392 is the state's own key, not one this site invented.