FAITH, H. P.

Operated by DEVON ENERGY PRODUCTION CO, L.P. (P-5 216378) in the ALVORD (ATOKA CONGLOMERATE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 42767District 09Field 02143071NGPA filingCondensateGasSaveExport
Value, all time
$158 k
Jan 1993 – Jan 2007
Value, last 12 filed months
$16 k
at the published price for each month
Months reported
169
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 207 leases and 257 wells, and the rule below applies to all of them.

Discovered
1954-09-29
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 40 acres.

The Commission's schedule remark for this field reads: OF 80 AC./ DIVIDED BY 80 AC.

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
CondensateDisposition323 bbl$13,196
GasProduction41,661 Mcf$144,332
Total$157,527

13,759 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 33.3131, -97.7811. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.31309, -97.78106 · 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
5,900 ft
1 wells filed one
Completion to plug
44.8 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 5,900 ft.

Completions filed
Apr 1962
1 of 1 wells
Plug dates filed
Jan 2007
1 of 1 wells

Last completion to plug: a median of 44.8 years across the 1 well that filed both dates, with the middle half between 44.8 years and 44.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-497000943 L5,900 ftApr 1962Jan 2007Yes

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 (169)

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

169 months

Jan 200726050.306.73$1,308
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 200603668.717.34$264
Jul 200606269.376.34$393
Jun 2006010266.286.38$651
May 2006028766.016.42$1,844
Apr 20066234264.397.36$6,509
Mar 2006030456.707.08$2,153
Feb 2006036757.597.75$2,845
Jan 2006035160.598.93$3,136
Dec 2005033754.9413.42$4,521
Nov 2005036654.6910.59$3,875
Oct 2005045058.3413.80$6,208
Sep 20059432161.4512.08$9,654
Aug 2005044061.519.80$4,311
Jul 2005044655.697.84$3,498
Jun 2005037452.337.38$2,761
May 2005046145.226.65$3,066
Apr 2005036549.207.36$2,687
Mar 2005057750.377.15$4,128
Feb 2005072045.226.31$4,545
Jan 2005013043.166.32$822
Dec 200406239.866.75$419
Nov 2004036045.286.33$2,279
Oct 2004058649.706.52$3,818
Sep 2004084743.245.28$4,475
Aug 200401,02942.375.55$5,712
Jul 200401,33038.286.08$8,092
Jun 2004077336.106.43$4,973
May 200405737.486.49$370
Apr 2004014234.475.86$832
Mar 2004011934.365.53$658
Feb 2004012632.455.51$694
Jan 200409932.036.30$624
Dec 2003013530.266.30$851
Nov 2003011528.804.60$528
Oct 2003013528.174.76$643
Sep 2003010726.314.75$508
Aug 2003016229.765.13$831
Jul 2003019429.415.17$1,003
Jun 2003014728.565.98$880
May 2003022426.595.97$1,338
Apr 2003020326.675.41$1,098
Mar 2003017831.146.10$1,085
Feb 2003016633.487.93$1,316
Jan 2003015530.315.58$865
Dec 2002017226.914.85$835
Nov 2002019624.664.14$811
Oct 2002016826.464.23$710
Sep 2002019727.443.64$716
Aug 2002017325.963.16$547
Jul 2002018724.583.06$573
Jun 2002014823.733.34$494
May 2002021224.663.58$760
Apr 2002016723.653.51$587
Mar 2002017322.003.10$537
Feb 2002017218.222.38$409
Jan 2002018317.172.38$435
Dec 2001019116.932.36$452
Nov 2001022018.072.41$529
Oct 2001016019.782.53$405
Sep 2001016024.262.25$360
Aug 2001016224.873.05$495
Jul 2001017423.933.20$556
Jun 2001015524.563.82$593
May 2001016925.524.31$728
Apr 2001018024.685.34$960
Mar 2001019624.545.38$1,054
Feb 2001017127.755.77$986
Jan 2001020127.478.40$1,688
Dec 2000018026.889.12$1,642
Nov 2000016032.215.66$905
Oct 2000014031.235.15$720
Sep 2000015531.875.19$804
Aug 2000017129.644.54$776
Jul 2000018928.534.09$773
Jun 2000017129.304.40$752
May 2000019027.263.68$699
Apr 2000018424.513.12$573
Mar 2000018228.422.86$520
Feb 2000017627.622.73$480
Jan 2000019725.272.48$489
Dec 1999018024.282.42$436
Nov 1999017623.192.43$428
Oct 1999018220.982.80$510
Sep 1999017721.752.62$464
Aug 1999017819.262.88$512
Jul 1999018217.892.37$432
Jun 1999016715.942.36$394
May 1999019415.792.32$450
Apr 1999019915.102.21$439
Mar 1999017112.471.84$314
Feb 199901819.981.82$329
Jan 1999019810.381.90$376
Dec 199802069.201.77$365
Nov 1998022610.892.19$494
Oct 1998021812.421.97$429
Sep 1998019812.592.08$412
Aug 1998021611.301.91$412
Jul 1998024611.742.24$550
Jun 1998021011.242.24$470
May 1998023112.622.21$510
Apr 1998019513.042.51$489
Mar 1998017712.802.31$409
Feb 1998016813.952.30$386
Jan 1998018414.702.15$396
Dec 1997021616.322.41$521
Nov 1997021218.193.09$655
Oct 1997022519.253.15$709
Sep 1997019017.742.95$561
Aug 1997020917.862.55$534
Jul 1997017817.582.25$400
Jun 1997023917.242.26$539
May 1997023118.972.31$533
Apr 1997022617.882.08$471
Mar 1997022018.951.94$427
Feb 1997020720.492.21$457
Jan 1997021823.483.54$772
Dec 1996021823.32$0
Nov 1996022521.97$0
Oct 1996023123.31$0
Sep 1996020922.22$0
Aug 1996022920.26$0
Jul 1996022519.55$0
Jun 1996021918.73$0
May 1996023619.43$0
Apr 1996021221.51$0
Mar 1996020719.38$0
Feb 1996020216.98$0
Jan 1996021517.07$0
Dec 1995021317.19$0
Nov 1995020416.00$0
Oct 1995020915.43$0
Sep 1995021616.18$0
Aug 1995022815.92$0
Jul 1995023215.24$0
Jun 1995023616.41$0
May 1995025217.56$0
Apr 1995025417.73$0
Mar 1995025316.44$0
Feb 1995024016.58$0
Jan 1995024715.92$0
Dec 199414125015.03$2,119
Nov 1994023515.90$0
Oct 1994023715.58$0
Sep 1994022315.29$0
Aug 1994025816.13$0
Jul 1994022617.56$0
Jun 1994027917.09$0
May 1994029615.88$0
Apr 1994028914.14$0
Mar 1994028612.46$0
Feb 1994022912.50$0
Jan 1994022712.66$0
Dec 1993027712.33$0
Nov 1993048314.49$0
Oct 1993044815.85$0
Sep 1993040715.03$0
Aug 1993047115.66$0
Jul 1993049015.46$0
Jun 1993046916.79$0
May 1993048217.68$0
Apr 1993044918.05$0
Mar 1993050418.14$0
Feb 1993041117.90$0
Jan 1993042116.93$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.

Jan 2007 — as filed, then multipliedworked
Condensate            26 bbl  × $ 50.30 =     $1,308
Gas                    0 Mcf  × $  6.73 =         $0

────────────────────────────────────────────────────
Month total                                   $1,308

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/42767 is the state's own key, not one this site invented.