CLEMENT

Operated by FAULCONER, VERNON E., INC. (P-5 263701) in the HANSFORD (MORROW, UPPER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 28274District 10Field 38797682NGPA filingCondensateGasSaveExport
Value, all time
$251 k
Jan 1993 – Nov 2006
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 369 leases and 369 wells, and the rule below applies to all of them.

Discovered
1953-10-11
as the register files it
Field class
Gas
the register's own label
Between wells
2,500 ft
minimum
From a lease line
1,250 ft
minimum

A drilling unit in this field needs at least 640 acres.

The Commission's schedule remark for this field reads: SURVEY

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
CondensateDisposition127 bbl$3,177
GasProduction114,486 Mcf$247,578
Total$250,754

40,031 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 36.1009, -101.0870. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.10093, -101.08695 · 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
8,536 ft
1 wells filed one
Completion to plug
43.4 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 8,536 ft.

Completions filed
Mar 1962
1 of 1 wells
Plug dates filed
Aug 2005
1 of 1 wells

Last completion to plug: a median of 43.4 years across the 1 well that filed both dates, with the middle half between 43.4 years and 43.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1950043018,536 ftMar 1962Aug 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 (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

Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
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 200508352.337.38$613
May 2005016145.226.65$1,071
Apr 2005017249.207.36$1,266
Mar 2005018550.377.15$1,324
Feb 2005016445.226.31$1,035
Jan 2005022343.166.32$1,410
Dec 2004022039.866.75$1,485
Nov 2004030945.286.33$1,956
Oct 2004033249.706.52$2,163
Sep 2004032143.245.28$1,696
Aug 2004036042.375.55$1,998
Jul 2004041938.286.08$2,549
Jun 2004041536.106.43$2,670
May 2004043237.486.49$2,806
Apr 2004040534.475.86$2,373
Mar 2004043834.365.53$2,422
Feb 2004047832.455.51$2,634
Jan 2004053832.036.30$3,389
Dec 2003058830.266.30$3,705
Nov 2003061428.804.60$2,821
Oct 2003067428.174.76$3,208
Sep 2003066626.314.75$3,163
Aug 2003054329.765.13$2,785
Jul 2003029929.415.17$1,546
Jun 2003050328.565.98$3,009
May 2003069026.595.97$4,121
Apr 2003066426.675.41$3,590
Mar 2003069831.146.10$4,255
Feb 2003030533.487.93$2,417
Jan 2003034830.315.58$1,943
Dec 20022037526.914.85$2,358
Nov 200210737524.664.14$4,190
Oct 20020026.464.23$0
Sep 2002048927.443.64$1,778
Aug 2002036625.963.16$1,158
Jul 2002044124.583.06$1,350
Jun 200206623.733.34$220
May 200201224.663.58$43
Apr 2002017223.653.51$604
Mar 2002051222.003.10$1,589
Feb 2002033818.222.38$803
Jan 2002046417.172.38$1,102
Dec 2001047416.932.36$1,121
Nov 2001043618.072.41$1,049
Oct 2001044919.782.53$1,135
Sep 2001044124.262.25$993
Aug 2001048524.873.05$1,481
Jul 2001047723.933.20$1,525
Jun 2001047024.563.82$1,797
May 2001048225.524.31$2,076
Apr 2001051924.685.34$2,769
Mar 2001054324.545.38$2,919
Feb 2001048127.755.77$2,774
Jan 2001057327.478.40$4,812
Dec 2000054726.889.12$4,990
Nov 2000055432.215.66$3,135
Oct 2000059431.235.15$3,056
Sep 2000059031.875.19$3,060
Aug 2000061329.644.54$2,783
Jul 2000061528.534.09$2,515
Jun 2000060529.304.40$2,660
May 2000063327.263.68$2,329
Apr 2000062024.513.12$1,932
Mar 2000064128.422.86$1,833
Feb 2000056027.622.73$1,527
Jan 2000063725.272.48$1,580
Dec 1999067624.282.42$1,638
Nov 1999069023.192.43$1,679
Oct 1999076420.982.80$2,142
Sep 1999073021.752.62$1,912
Aug 1999076719.262.88$2,206
Jul 1999075517.892.37$1,791
Jun 1999071715.942.36$1,694
May 1999073415.792.32$1,704
Apr 1999072415.102.21$1,599
Mar 1999078312.471.84$1,439
Feb 199907879.981.82$1,431
Jan 1999087910.381.90$1,670
Dec 199809439.201.77$1,672
Nov 199801,00510.892.19$2,197
Oct 199801,11412.421.97$2,194
Sep 199801,20212.592.08$2,503
Aug 199801,37711.301.91$2,626
Jul 199801,33711.742.24$2,991
Jun 199801,23911.242.24$2,772
May 199801,42112.622.21$3,135
Apr 199801,43813.042.51$3,603
Mar 199801,46012.802.31$3,372
Feb 199801,36913.952.30$3,148
Jan 199801,55014.702.15$3,340
Dec 199701,56016.322.41$3,761
Nov 199701,59718.193.09$4,932
Oct 199701,67219.253.15$5,267
Sep 199701,49117.742.95$4,406
Aug 199701,66217.862.55$4,246
Jul 199701,88517.582.25$4,235
Jun 199701,93017.242.26$4,356
May 199701,79918.972.31$4,153
Apr 199701,80717.882.08$3,764
Mar 199701,96218.951.94$3,805
Feb 199701,73520.492.21$3,827
Jan 199701,99823.483.54$7,072
Dec 199602,56623.32$0
Nov 199601,66721.97$0
Oct 1996080923.31$0
Sep 1996098722.22$0
Aug 199601,12820.26$0
Jul 1996087019.55$0
Jun 199601,11518.73$0
May 199601,10619.43$0
Apr 199601,07721.51$0
Mar 1996073919.38$0
Feb 1996043516.98$0
Jan 1996047017.07$0
Dec 1995050717.19$0
Nov 1995079016.00$0
Oct 199501,31615.43$0
Sep 199501,05916.18$0
Aug 199501,20515.92$0
Jul 199501,09215.24$0
Jun 199501,18916.41$0
May 199501,17117.56$0
Apr 199501,22217.73$0
Mar 199501,05416.44$0
Feb 1995087016.58$0
Jan 199501,08315.92$0
Dec 1994094015.03$0
Nov 199401,22715.90$0
Oct 199401,00615.58$0
Sep 1994093115.29$0
Aug 199401,14816.13$0
Jul 199401,01417.56$0
Jun 1994089317.09$0
May 1994091015.88$0
Apr 1994027414.14$0
Mar 1994026112.46$0
Feb 1994026112.50$0
Jan 1994011512.66$0
Dec 1993049812.33$0
Nov 1993049314.49$0
Oct 1993046715.85$0
Sep 1993046615.03$0
Aug 1993041115.66$0
Jul 1993042215.46$0
Jun 1993036616.79$0
May 1993047717.68$0
Apr 1993049918.05$0
Mar 1993042218.14$0
Feb 1993048517.90$0
Jan 1993051816.93$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.

Jun 2005 — as filed, then multipliedworked
Condensate             0 bbl  × $ 52.33 =         $0
Gas                   83 Mcf  × $  7.38 =       $613

────────────────────────────────────────────────────
Month total                                     $613

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. 10/G/28274 is the state's own key, not one this site invented.