WORTHINGTON-EDWARDS

Operated by FAGADAU ENERGY CORPORATION (P-5 257680) in the KEN-RICH (CONGLOMERATE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 17905District 09Field 48768664NGPA filingOilCasinghead gasSaveExport
Value, all time
$152 k
Jan 1993 – Apr 2006
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
160
no gaps in the span
Streams
2
oil, casinghead 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 9 leases and 15 wells, and the rule below applies to all of them.

Discovered
1955-02-11
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1956-02-20.

The Commission's schedule remark for this field reads: CONSOLIDATED INTO BOONSVILLE /BEND CONG./ 2-24-65

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
NGPA3none

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
OilDisposition3,659 bbl$74,998
Casinghead gasProduction33,330 Mcf$77,388
Total$152,386

12,919 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 (4)

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 33.3187, -98.1141. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

33.31775, -98.11455 · 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%
4 of 4 wells
With a plug date
100.0%
4 of 4 wells
Median depth
5,608 ft
4 wells filed one
Completion to plug
29.0 years
median over 3 wells

What the state filed about each well

On the RRC proration schedule
4100.0%
A plug date is filed
4100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
4100.0%
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

Between 5,578 and 5,695 ft, median 5,608 ft, over the 4 wells that filed a depth.

Completions filed
Mar 1976 – Feb 1982
3 of 4 wells; 1 filed none
Plug dates filed
Aug 1980 – Apr 2005
4 of 4 wells

Last completion to plug: a median of 29.0 years across the 3 wells that filed both dates, with the middle half between 26.1 years and 29.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells

42-23731934165,695 ftAug 1980Yes
42-2373126395,629 ftFeb 1982Apr 2005Yes
42-2373108145,578 ftMar 1976Mar 2005Yes
42-2373085935,586 ftMar 1976Apr 2005Yes

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 (160)

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

160 months

Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 200671057.597.75$4,089
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 2005031343.166.32$1,979
Dec 20045918839.866.75$3,621
Nov 2004018345.286.33$1,158
Oct 2004016749.706.52$1,088
Sep 2004014043.245.28$740
Aug 2004017742.375.55$982
Jul 2004019938.286.08$1,211
Jun 2004019236.106.43$1,235
May 200417219137.486.49$7,687
Apr 2004023534.475.86$1,377
Mar 2004018434.365.53$1,018
Feb 2004018432.455.51$1,014
Jan 2004017332.036.30$1,090
Dec 2003014030.266.30$882
Nov 2003012428.804.60$570
Oct 2003012328.174.76$585
Sep 2003017926.314.75$850
Aug 2003018829.765.13$964
Jul 200312917529.415.17$4,699
Jun 2003018528.565.98$1,107
May 2003019326.595.97$1,153
Apr 2003020626.675.41$1,114
Mar 2003024431.146.10$1,487
Feb 2003019233.487.93$1,522
Jan 2003022630.315.58$1,262
Dec 2002019826.914.85$961
Nov 2002020524.664.14$848
Oct 200214419226.464.23$4,622
Sep 2002018827.443.64$683
Aug 2002016325.963.16$516
Jul 2002021524.583.06$658
Jun 2002022223.733.34$741
May 2002019524.663.58$699
Apr 2002016323.653.51$573
Mar 2002021122.003.10$655
Feb 2002019518.222.38$463
Jan 2002024417.172.38$580
Dec 2001020716.932.36$489
Nov 20019219618.072.41$2,134
Oct 2001020619.782.53$521
Sep 200115320824.262.25$4,180
Aug 2001022124.873.05$675
Jul 2001022723.933.20$726
Jun 2001028224.563.82$1,078
May 2001025425.524.31$1,094
Apr 2001015424.685.34$822
Mar 2001022524.545.38$1,210
Feb 2001022527.755.77$1,298
Jan 2001023627.478.40$1,982
Dec 2000021126.889.12$1,925
Nov 2000021132.215.66$1,194
Oct 200018224131.235.15$6,924
Sep 2000025231.875.19$1,307
Aug 2000029629.644.54$1,344
Jul 2000015128.534.09$618
Jun 2000010129.304.40$444
May 2000021327.263.68$784
Apr 2000023124.513.12$720
Mar 2000023728.422.86$678
Feb 2000025827.622.73$703
Jan 20006431825.272.48$2,406
Dec 1999023124.282.42$560
Nov 1999029223.192.43$711
Oct 1999028120.982.80$788
Sep 1999024221.752.62$634
Aug 1999022419.262.88$644
Jul 1999013317.892.37$316
Jun 199915922215.942.36$3,059
May 1999022215.792.32$515
Apr 1999020115.102.21$444
Mar 1999021312.471.84$392
Feb 199901859.981.82$336
Jan 1999020210.381.90$384
Dec 199802049.201.77$362
Nov 199813510710.892.19$1,704
Oct 1998013012.421.97$256
Sep 1998021712.592.08$452
Aug 1998024611.301.91$469
Jul 1998025911.742.24$579
Jun 1998023611.242.24$528
May 1998023512.622.21$518
Apr 1998019713.042.51$494
Mar 199813821312.802.31$2,258
Feb 1998019713.952.30$453
Jan 1998019714.702.15$424
Dec 1997024416.322.41$588
Nov 1997022018.193.09$679
Oct 199715725019.253.15$3,810
Sep 1997026717.742.95$789
Aug 1997024717.862.55$631
Jul 1997023417.582.25$526
Jun 1997022917.242.26$517
May 1997023918.972.31$552
Apr 199712922517.882.08$2,775
Mar 1997026518.951.94$514
Feb 1997025720.492.21$567
Jan 1997019523.483.54$690
Dec 1996023823.32$0
Nov 199613318521.97$2,922
Oct 1996022023.31$0
Sep 1996020622.22$0
Aug 1996023020.26$0
Jul 1996021719.55$0
Jun 199613823518.73$2,585
May 1996015119.43$0
Apr 1996016721.51$0
Mar 1996014819.38$0
Feb 199613513416.98$2,292
Jan 1996016317.07$0
Dec 1995017917.19$0
Nov 1995019316.00$0
Oct 1995026215.43$0
Sep 199515825916.18$2,556
Aug 1995026915.92$0
Jul 1995026715.24$0
Jun 1995025116.41$0
May 199514527017.56$2,546
Apr 1995022917.73$0
Mar 1995022716.44$0
Feb 1995062516.58$0
Jan 1995025815.92$0
Dec 1994032215.03$0
Nov 1994035515.90$0
Oct 199410527215.58$1,636
Sep 1994027815.29$0
Aug 199414428716.13$2,323
Jul 1994020817.56$0
Jun 1994018617.09$0
May 1994027115.88$0
Apr 199413726314.14$1,937
Mar 1994027012.46$0
Feb 1994026912.50$0
Jan 199413932712.66$1,760
Dec 1993040012.33$0
Nov 199314032614.49$2,029
Oct 1993032115.85$0
Sep 199314634815.03$2,194
Aug 199319742115.66$3,085
Jul 1993028915.46$0
Jun 1993028016.79$0
May 1993029017.68$0
Apr 1993030718.05$0
Mar 199315836918.14$2,866
Feb 1993033617.90$0
Jan 1993034116.93$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.

Feb 2006 — as filed, then multipliedworked
Oil                   71 bbl  × $ 57.59 =     $4,089
Casinghead gas         0 Mcf  × $  7.75 =         $0

────────────────────────────────────────────────────
Month total                                   $4,089

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/O/17905 is the state's own key, not one this site invented.