FAYETTE YATES

Operated by E-L GAS CO., LTD. (P-5 238523) in the BILLIE YATES (STRAWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 29340District 09Field 08176500OilCasinghead gasSaveExport
Value, all time
$80 k
Mar 1997 – Oct 2000
Value, last 12 filed months
$10 k
at the published price for each month
Months reported
44
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 13 leases and 16 wells, and the rule below applies to all of them.

Discovered
1979-07-12
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 02/01/2000.

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
OilDisposition1,843 bbl$28,379
Casinghead gasProduction21,753 Mcf$51,775
Total$80,154

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 33.1847, -97.9330. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.18471, -97.93305 · 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
0.0%
0 of 1 wells
Median depth
5,907 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
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
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 5,907 ft.

Completions filed
Jun 2000
1 of 1 wells

1 well

42-23702596105,907 ftJun 2000Yes

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 (44)

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

44 months

Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 2000125028.534.09$3,566
Jun 20000029.304.40$0
May 2000029227.263.68$1,074
Apr 2000027724.513.12$863
Mar 2000032328.422.86$924
Feb 2000027027.622.73$736
Jan 2000028925.272.48$717
Dec 1999038124.282.42$923
Nov 1999038223.192.43$930
Oct 1999048520.982.80$1,360
Sep 199917831521.752.62$4,696
Aug 1999026619.262.88$765
Jul 1999253517.892.37$1,305
Jun 1999338915.942.36$967
May 1999039215.792.32$910
Apr 199915842415.102.21$3,322
Mar 1999544412.471.84$879
Feb 19991833619.981.82$2,483
Jan 1999053310.381.90$1,013
Dec 199803739.201.77$661
Nov 199815513410.892.19$1,981
Oct 1998013412.421.97$264
Sep 1998020912.592.08$435
Aug 1998031511.301.91$601
Jul 199815432511.742.24$2,535
Jun 1998038211.242.24$855
May 199816939012.622.21$2,993
Apr 1998034513.042.51$864
Mar 199817432712.802.31$2,982
Feb 199815826813.952.30$2,820
Jan 1998068314.702.15$1,472
Dec 199716973716.322.41$4,535
Nov 1997069718.193.09$2,153
Oct 1997068219.253.15$2,148
Sep 199701,03017.742.95$3,044
Aug 199701,27917.862.55$3,268
Jul 199715469917.582.25$4,278
Jun 199701,38017.242.26$3,115
May 199701,99518.972.31$4,605
Apr 199731,50217.882.08$3,182
Mar 1997531,50918.951.94$3,931

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.

Jul 2000 — as filed, then multipliedworked
Oil                  125 bbl  × $ 28.53 =     $3,566
Casinghead gas         0 Mcf  × $  4.09 =         $0

────────────────────────────────────────────────────
Month total                                   $3,566

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/29340 is the state's own key, not one this site invented.