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 266771District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.6 M
Jul 2012 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
167
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 Gas112013-05-10209703
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
CondensateDisposition2,392 bbl$203,281
GasProduction649,480 Mcf$2,358,194
Total$2,561,474

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 33.3287, -97.6937. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.32873, -97.69370 · 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
7,031 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 7,031 ft.

Completions filed
Jan 2013
1 of 1 wells

1 well

42-497373147H7,031 ftJan 2013

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 (167)

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

167 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 202461076.091.78$4,641
Jan 2024381,92873.023.30$9,133
Dec 202302,83571.262.61$7,401
Nov 202301,63377.892.81$4,585
Oct 2023075985.443.09$2,343
Sep 202306489.042.74$175
Aug 2023068280.522.67$1,823
Jul 202302,76774.852.64$7,310
Jun 202302,47268.962.26$5,583
May 202305,22870.622.23$11,645
Apr 202305,20578.122.24$11,648
Mar 2023201,99872.852.39$6,239
Feb 202301,34975.112.47$3,326
Jan 202303,98376.533.39$13,493
Dec 202204,15276.415.73$23,787
Nov 202203,88685.005.65$21,941
Oct 202204,05687.185.86$23,783
Sep 202205,23184.888.16$42,704
Aug 202206,05194.529.13$55,228
Jul 202245,136101.587.54$39,142
Jun 202223,934115.097.98$31,612
May 202251,505109.378.43$13,239
Apr 20224366104.226.84$2,919
Mar 20227511108.885.08$3,356
Feb 2022132791.054.86$1,680
Jan 2022134881.844.54$1,661
Dec 2021048471.323.90$1,887
Nov 20210077.435.24$0
Oct 202102,30679.795.71$13,176
Sep 202101,26069.865.35$6,742
Aug 2021183266.024.22$3,578
Jul 20211263,66970.783.98$23,529
Jun 202113,81769.493.38$12,973
May 202112,51863.483.02$7,662
Apr 202105,63160.362.76$15,533
Mar 202175,65861.302.72$15,802
Feb 202123,66057.805.55$20,421
Jan 202123,22850.412.81$9,172
Dec 202004,16344.642.68$11,138
Nov 202035,53938.772.71$15,108
Oct 202005,38436.972.48$13,344
Sep 202004,17337.091.99$8,309
Aug 202004,77539.982.39$11,389
Jul 202004,03738.371.83$7,368
Jun 202016,48834.901.69$11,002
May 202006,71516.921.81$12,186
Apr 202006,25914.751.80$11,294
Mar 202007,42530.341.86$13,783
Feb 202006,78449.881.98$13,437
Jan 202007,24957.252.09$15,185
Dec 201907,58359.012.30$17,474
Nov 201907,21055.302.75$19,833
Oct 201916,75153.472.42$16,381
Sep 201905,42355.052.66$14,410
Aug 201906,22753.112.30$14,349
Jul 201907,67956.272.46$18,891
Jun 2019011,06252.782.49$27,558
May 201908,11958.482.74$22,249
Apr 201909,05362.632.75$24,902
Mar 201902,45556.803.06$7,517
Feb 2019084050.852.79$2,345
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 201801052.934.24$42
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170145.373.00$3
Jul 20170043.873.09$0
Jun 20170242.493.09$6
May 201774145.373.26$3,361
Apr 20170047.933.21$0
Mar 201709646.772.98$286
Feb 201702,66650.452.95$7,872
Jan 201702,45049.413.42$8,376
Dec 201605,80748.763.72$21,618
Nov 201604,41642.492.64$11,677
Oct 201605,06846.193.09$15,661
Sep 201604,65641.553.10$14,437
Aug 201601,52941.442.92$4,471
Jul 2016057841.622.92$1,690
Jun 2016053045.352.69$1,423
May 201604642.521.99$92
Apr 2016731136.561.99$2,691
Mar 20160233.011.79$4
Feb 20160826.472.06$17
Jan 2016385827.352.36$2,111
Dec 201503,04132.362.00$6,086
Nov 201502,92638.792.17$6,342
Oct 201504,78943.552.43$11,621
Sep 201502,12842.992.76$5,870
Aug 201567,01140.162.87$20,380
Jul 201506,01848.152.95$17,723
Jun 201513,08856.152.88$8,958
May 201506,08855.212.96$17,993
Apr 201506,97549.822.71$18,878
Mar 20151627,22942.892.93$28,163
Feb 201535,25744.662.98$15,780
Jan 201501,25843.433.10$3,901
Dec 201407,66854.693.59$27,539
Nov 201408,98970.464.25$38,220
Oct 201408,79878.303.90$34,321
Sep 201409,51286.164.05$38,480
Aug 201408,81389.394.04$35,562
Jul 20141759,69096.564.18$57,398
Jun 201408,97398.164.74$42,504
May 201447,07394.734.73$33,810
Apr 201409,10095.944.81$43,763
Mar 2014010,87495.895.06$54,988
Feb 201448,79997.406.19$54,873
Jan 201439,84590.404.86$48,125
Dec 201317610,87291.824.35$63,502
Nov 2013012,92388.853.74$48,310
Oct 2013115,00197.423.78$56,792
Sep 201317416,460104.113.72$79,309
Aug 2013318,827104.253.52$66,633
Jul 2013016,426102.523.72$61,068
Jun 201317518,34994.403.93$88,694
May 201318323,17494.834.15$113,505
Apr 2013324,90193.964.28$106,923
Mar 201352932,17493.623.91$175,418
Feb 201335225,42791.233.42$119,071
Jan 201301,40791.603.42$4,812
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$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.

Feb 2024 — as filed, then multipliedworked
Condensate            61 bbl  × $ 76.09 =     $4,641
Gas                    0 Mcf  × $  1.78 =         $0

────────────────────────────────────────────────────
Month total                                   $4,641

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/266771 is the state's own key, not one this site invented.