TUCKER, D. W.

Operated by FAIRWAY RESOURCES OPERATING, LLC (P-5 259788) in the GRAFORD (BEND CONGLOMERATE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 30438District 7BField 36258250CondensateGasSaveExport
Value, all time
$36 k
Jan 1993 – Aug 2011
Value, last 12 filed months
$0
at the published price for each month
Months reported
224
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 52 leases and 53 wells, and the rule below applies to all of them.

Discovered
1961-11-08
as the register files it
Field class
Oil and gas
the register's own label
Between wells
2,000 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 320 acres.

The Commission's schedule remark for this field reads: REQUIREMENTS ON FORM G-2

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
CondensateDisposition80 bbl$9,138
GasProduction30,313 Mcf$26,964
Total$36,101

18,775 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.

Every month this lease reported (224)

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

224 months

Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 2008800114.228.48$9,138
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
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 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 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 2000029725.272.48$737
Dec 1999022824.282.42$553
Nov 1999025023.192.43$609
Oct 1999027820.982.80$779
Sep 1999023921.752.62$626
Aug 1999027819.262.88$799
Jul 1999024717.892.37$586
Jun 1999019615.942.36$463
May 1999029315.792.32$680
Apr 1999027015.102.21$596
Mar 1999028012.471.84$515
Feb 199902639.981.82$478
Jan 1999031410.381.90$597
Dec 199803229.201.77$571
Nov 1998030010.892.19$656
Oct 1998032712.421.97$644
Sep 1998033212.592.08$691
Aug 1998040511.301.91$772
Jul 1998039911.742.24$893
Jun 1998027511.242.24$615
May 1998031312.622.21$691
Apr 1998032013.042.51$802
Mar 1998030912.802.31$714
Feb 1998032313.952.30$743
Jan 1998030614.702.15$659
Dec 1997037616.322.41$907
Nov 1997041618.193.09$1,285
Oct 1997010219.253.15$321
Sep 1997032317.742.95$954
Aug 1997034217.862.55$874
Jul 1997039217.582.25$881
Jun 1997037317.242.26$842
May 1997032718.972.31$755
Apr 1997040117.882.08$835
Mar 1997043718.951.94$847
Feb 1997032220.492.21$710
Jan 1997036323.483.54$1,285
Dec 1996034423.32$0
Nov 1996033221.97$0
Oct 1996044723.31$0
Sep 1996037822.22$0
Aug 1996047320.26$0
Jul 1996046819.55$0
Jun 1996033318.73$0
May 1996034219.43$0
Apr 1996036721.51$0
Mar 1996039719.38$0
Feb 1996034516.98$0
Jan 1996044017.07$0
Dec 1995036017.19$0
Nov 1995031916.00$0
Oct 1995035115.43$0
Sep 1995037116.18$0
Aug 1995040515.92$0
Jul 1995041415.24$0
Jun 1995039516.41$0
May 1995046517.56$0
Apr 1995037917.73$0
Mar 1995044816.44$0
Feb 1995040516.58$0
Jan 1995038515.92$0
Dec 1994046215.03$0
Nov 1994043815.90$0
Oct 1994046315.58$0
Sep 1994043715.29$0
Aug 1994037416.13$0
Jul 1994045117.56$0
Jun 1994044417.09$0
May 1994046115.88$0
Apr 1994041514.14$0
Mar 1994046512.46$0
Feb 1994039812.50$0
Jan 1994043612.66$0
Dec 1993043212.33$0
Nov 1993044214.49$0
Oct 1993027115.85$0
Sep 1993034615.03$0
Aug 1993030015.66$0
Jul 1993035915.46$0
Jun 1993030516.79$0
May 1993035217.68$0
Apr 1993054618.05$0
Mar 1993034218.14$0
Feb 1993025817.90$0
Jan 1993021516.93$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.

Aug 2008 — as filed, then multipliedworked
Condensate            80 bbl  × $114.22 =     $9,138
Gas                    0 Mcf  × $  8.48 =         $0

────────────────────────────────────────────────────
Month total                                   $9,138

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/30438 is the state's own key, not one this site invented.