CLARK UNIT

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

Gas lease lease 112980District 7BField 75961675NGPA filingCondensateGasSaveExport
Value, all time
$178 k
Jan 1993 – Jul 2004
Value, last 12 filed months
$32 k
at the published price for each month
Months reported
139
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 24 leases and 24 wells, and the rule below applies to all of them.

Discovered
1986-02-10
as the register files it
Field class
Gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1986-02-10.

The Commission's schedule remark for this field reads: OPTIONAL 80 ACRE UNIT; 3250'DIAG

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
CondensateDisposition18 bbl$255
GasProduction82,118 Mcf$177,422
Total$177,677

33,656 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 32.9678, -97.6424. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.96776, -97.64237 · 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
6,111 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 6,111 ft.

Completions filed
Jul 2004
1 of 1 wells

1 well

42-3673168146,111 ftJul 2004Yes

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 (139)

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

139 months

Jul 20040038.286.08$0
Jun 2004037736.106.43$2,425
May 2004053637.486.49$3,481
Apr 2004047534.475.86$2,783
Mar 2004054734.365.53$3,025
Feb 2004050632.455.51$2,788
Jan 2004055932.036.30$3,522
Dec 2003054530.266.30$3,434
Nov 2003057228.804.60$2,628
Oct 2003062528.174.76$2,975
Sep 2003048426.314.75$2,299
Aug 2003060629.765.13$3,109
Jul 2003053129.415.17$2,746
Jun 2003057828.565.98$3,458
May 2003052526.595.97$3,136
Apr 2003052626.675.41$2,844
Mar 2003051431.146.10$3,133
Feb 2003051033.487.93$4,042
Jan 2003055530.315.58$3,098
Dec 2002056126.914.85$2,723
Nov 2002055124.664.14$2,279
Oct 2002055126.464.23$2,330
Sep 2002040727.443.64$1,480
Aug 2002057425.963.16$1,816
Jul 2002043324.583.06$1,326
Jun 2002045423.733.34$1,516
May 2002053424.663.58$1,914
Apr 2002056623.653.51$1,988
Mar 2002051922.003.10$1,610
Feb 2002050718.222.38$1,204
Jan 2002061717.172.38$1,466
Dec 2001044516.932.36$1,052
Nov 2001049718.072.41$1,196
Oct 2001048519.782.53$1,227
Sep 2001039124.262.25$880
Aug 2001056424.873.05$1,722
Jul 2001041523.933.20$1,327
Jun 2001050124.563.82$1,916
May 2001055325.524.31$2,382
Apr 2001058024.685.34$3,094
Mar 2001052224.545.38$2,807
Feb 2001044427.755.77$2,561
Jan 2001050327.478.40$4,225
Dec 2000061726.889.12$5,629
Nov 2000049532.215.66$2,801
Oct 2000057131.235.15$2,938
Sep 2000049531.875.19$2,567
Aug 2000057529.644.54$2,611
Jul 2000053228.534.09$2,176
Jun 2000049329.304.40$2,168
May 2000052327.263.68$1,925
Apr 2000050524.513.12$1,574
Mar 2000047128.422.86$1,347
Feb 2000051827.622.73$1,412
Jan 2000051825.272.48$1,285
Dec 1999051224.282.42$1,241
Nov 1999052323.192.43$1,273
Oct 1999056420.982.80$1,581
Sep 1999053621.752.62$1,404
Aug 1999055819.262.88$1,605
Jul 1999063417.892.37$1,504
Jun 1999041315.942.36$976
May 1999060515.792.32$1,404
Apr 1999050515.102.21$1,115
Mar 1999066612.471.84$1,224
Feb 199904389.981.82$796
Jan 1999069110.381.90$1,313
Dec 199803909.201.77$692
Nov 1998057410.892.19$1,255
Oct 1998064512.421.97$1,270
Sep 1998054412.592.08$1,133
Aug 1998054611.301.91$1,041
Jul 1998054611.742.24$1,222
Jun 1998051711.242.24$1,157
May 1998060812.622.21$1,341
Apr 1998061813.042.51$1,548
Mar 1998064212.802.31$1,483
Feb 1998056713.952.30$1,304
Jan 1998068014.702.15$1,465
Dec 1997049816.322.41$1,201
Nov 1997063118.193.09$1,949
Oct 1997059619.253.15$1,877
Sep 1997045617.742.95$1,347
Aug 1997057917.862.55$1,479
Jul 1997054817.582.25$1,231
Jun 1997057717.242.26$1,302
May 1997053918.972.31$1,244
Apr 1997052817.882.08$1,100
Mar 1997065818.951.94$1,276
Feb 1997062220.492.21$1,372
Jan 1997065023.483.54$2,301
Dec 1996065623.32$0
Nov 1996063921.97$0
Oct 1996061523.31$0
Sep 1996068022.22$0
Aug 1996056320.26$0
Jul 1996069919.55$0
Jun 1996064218.73$0
May 1996068319.43$0
Apr 1996073121.51$0
Mar 1996077419.38$0
Feb 1996056016.98$0
Jan 1996075217.07$0
Dec 1995094017.19$0
Nov 1995065816.00$0
Oct 1995043315.43$0
Sep 1995063216.18$0
Aug 1995061415.92$0
Jul 1995073315.24$0
Jun 1995051316.41$0
May 1995073517.56$0
Apr 1995062817.73$0
Mar 1995059616.44$0
Feb 1995058816.58$0
Jan 1995064715.92$0
Dec 1994066015.03$0
Nov 1994088115.90$0
Oct 1994077515.58$0
Sep 1994083215.29$0
Aug 1994083516.13$0
Jul 1994084717.56$0
Jun 1994093117.09$0
May 1994077215.88$0
Apr 19941874514.14$255
Mar 1994048212.46$0
Feb 1994088212.50$0
Jan 1994059912.66$0
Dec 1993057812.33$0
Nov 1993065414.49$0
Oct 1993065715.85$0
Sep 1993059115.03$0
Aug 1993062115.66$0
Jul 1993061015.46$0
Jun 1993077816.79$0
May 1993080817.68$0
Apr 1993071018.05$0
Mar 1993077218.14$0
Feb 1993082117.90$0
Jan 199301,10416.93$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 2004 — as filed, then multipliedworked
Condensate             0 bbl  × $ 36.10 =         $0
Gas                  377 Mcf  × $  6.43 =     $2,425

────────────────────────────────────────────────────
Month total                                   $2,425

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. 7B/G/112980 is the state's own key, not one this site invented.