FAITH

Operated by WALTER EXPLORATION COMPANY (P-5 895231) in the BRIDJOURNER (CANYON) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 32364District 7BField 11925550Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$694 k
May 2019 – May 2026
Value, last 12 filed months
$41 k
at the published price for each month
Months reported
85
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 8 leases and 16 wells, and the rule below applies to all of them.

Discovered
1985-08-05
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: THE EFFECTIVE DATE OF THIS FINAL ORDER. 12-13-2022

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
OilDisposition10,642 bbl$691,216
Casinghead gasProduction800 Mcf$2,754
Total$693,970

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 32.7544, -100.5288. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.75442, -100.52875 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
7,051 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
00.0%
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.
1100.0%

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 7,051 ft.

Completions filed
May 2019
1 of 1 wells

1 well

42-1513311917,051 ftMay 2019

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 (85)

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

85 months

May 2026770106.413.05$8,194
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 202601059.138.00$80
Dec 20251831056.664.41$10,413
Nov 202501058.593.93$39
Oct 20251761059.383.30$10,484
Sep 202501062.743.08$31
Aug 202501063.933.01$30
Jul 20251691066.743.32$11,312
Jun 202501066.483.13$31
May 20251801060.553.23$10,931
Apr 202501062.363.54$35
Mar 20251691067.704.27$11,484
Feb 202501070.884.34$43
Jan 20251821074.324.28$13,569
Dec 202401068.993.12$31
Nov 20241811069.052.20$12,520
Oct 202401071.372.28$23
Sep 20241781069.612.36$12,414
Aug 202401075.632.06$21
Jul 20241751079.932.15$14,009
Jun 202401078.082.63$26
May 20241821078.812.20$14,365
Apr 202401084.451.66$17
Mar 20241841080.301.55$14,791
Feb 202401076.091.78$18
Jan 20241771073.023.30$12,958
Dec 202301071.262.61$26
Nov 20231851077.892.81$14,438
Oct 20231821085.443.09$15,581
Sep 202301089.042.74$27
Aug 20231751080.522.67$14,118
Jul 202301074.852.64$26
Jun 20231751068.962.26$12,091
May 202301070.622.23$22
Apr 20231851078.122.24$14,475
Mar 20231861072.852.39$13,574
Feb 202301075.112.47$25
Jan 20231801076.533.39$13,809
Dec 20221801076.415.73$13,811
Nov 202201085.005.65$56
Oct 20221791087.185.86$15,664
Sep 20221781084.888.16$15,190
Aug 20220094.529.13$0
Jul 2022010101.587.54$75
Jun 202217810115.097.98$20,566
May 202218110109.378.43$19,880
Apr 2022010104.226.84$68
Mar 202218010108.885.08$19,649
Feb 20221771091.054.86$16,164
Jan 20221721081.844.54$14,122
Dec 20211781071.323.90$12,734
Nov 20211811077.435.24$14,067
Oct 202101079.795.71$57
Sep 20211761069.865.35$12,349
Aug 202101066.024.22$42
Jul 20211761070.783.98$12,497
Jun 202101069.493.38$34
May 20211691063.483.02$10,758
Apr 20211831060.362.76$11,073
Mar 20211761061.302.72$10,816
Feb 20211771057.805.55$10,286
Jan 20211851050.412.81$9,354
Dec 20201831044.642.68$8,196
Nov 20201761038.772.71$6,851
Oct 20201781036.972.48$6,605
Sep 20201781037.091.99$6,622
Aug 20201651039.982.39$6,621
Jul 202001038.371.83$18
Jun 20201791034.901.69$6,264
May 202001016.921.81$18
Apr 20201841014.751.80$2,732
Mar 20201841030.341.86$5,601
Feb 20201821049.881.98$9,098
Jan 20201851057.252.09$10,612
Dec 20193651059.012.30$21,562
Nov 20191821055.302.75$10,092
Oct 20191811053.472.42$9,702
Sep 20193641055.052.66$20,065
Aug 20191821053.112.30$9,689
Jul 20195251056.272.46$29,566
Jun 20195421052.782.49$28,632
May 201901058.482.74$27

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.

May 2026 — as filed, then multipliedworked
Oil                   77 bbl  × $106.41 =     $8,194
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                   $8,194

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/O/32364 is the state's own key, not one this site invented.