FAULKNER, H. M. "B"

Operated by MEXTEX OPERATING COMPANY (P-5 562580) in the FORT TERRETT RANCH (CANYON 2425) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 136640District 7CField 32142150GasSaveExport
Value, all time
$152 k
Jan 1993 – Jan 2012
Value, last 12 filed months
$0
at the published price for each month
Months reported
229
no gaps in the span
Streams
1
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 5 leases and 5 wells, and the rule below applies to all of them.

Discovered
1977-04-11
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 160 acres.

The Commission's schedule remark for this field reads: REQUEST EFFECTIVE 3/1/93

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
GasProduction63,266 Mcf$152,469
Total$152,469

31,546 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 30.5042, -100.1410. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.50422, -100.14100 · 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
2,824 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 2,824 ft.

Completions filed
May 2013
1 of 1 wells

1 well

42-4351022512,824 ftMay 2013Yes

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 (229)

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

229 months

Jan 2012098.092.73$0
Dec 2011096.873.24$0
Nov 2011095.723.31$0
Oct 2011084.983.65$0
Sep 2011083.623.99$0
Aug 2011083.404.15$0
Jul 2011094.144.52$0
Jun 2011092.904.64$0
May 2011098.134.40$0
Apr 20110105.964.33$0
Mar 2011096.364.06$0
Feb 2011085.644.18$0
Jan 2011086.504.59$0
Dec 2010085.734.35$0
Nov 20106580.843.80$247
Oct 20108378.103.51$291
Sep 20109072.633.98$358
Aug 201010473.684.42$460
Jul 20107172.554.74$336
Jun 2010770.364.91$34
May 20102971.124.24$123
Apr 20102081.694.12$82
Mar 20107578.394.39$329
Feb 20108273.585.44$446
Jan 201011474.365.96$680
Dec 200916071.445.48$877
Nov 20097174.593.75$266
Oct 20098572.544.11$349
Sep 200912965.543.06$395
Aug 200912467.423.22$399
Jul 200925761.133.46$890
Jun 200921466.163.90$834
May 200920454.743.93$801
Apr 200922646.773.59$811
Mar 200925942.144.06$1,051
Feb 200917432.814.63$806
Jan 200913535.865.37$725
Dec 20085837.105.98$347
Nov 200811555.496.86$789
Oct 200815675.246.92$1,080
Sep 2008172101.767.88$1,355
Aug 2008148114.228.48$1,255
Jul 2008142131.0811.39$1,617
Jun 2008142131.3313.03$1,851
May 2008134123.1711.57$1,551
Apr 2008155110.3110.45$1,621
Mar 2008136101.909.66$1,314
Feb 200811492.538.77$1,000
Jan 200816190.388.21$1,321
Dec 200715688.337.30$1,139
Nov 200716591.677.29$1,203
Oct 200715382.856.92$1,059
Sep 200713975.846.24$868
Aug 200715369.066.39$977
Jul 200715770.906.39$1,003
Jun 200720062.007.55$1,510
May 200719658.747.85$1,538
Apr 200717259.617.81$1,342
Mar 200720356.927.30$1,482
Feb 200716355.108.22$1,339
Jan 200716750.306.73$1,123
Dec 200616356.656.92$1,128
Nov 200616854.207.62$1,280
Oct 200623454.906.01$1,407
Sep 200621560.085.04$1,083
Aug 200622368.717.34$1,637
Jul 200619069.376.34$1,205
Jun 200618066.286.38$1,149
May 200621766.016.42$1,394
Apr 200621964.397.36$1,612
Mar 200622256.707.08$1,572
Feb 200618857.597.75$1,457
Jan 200619160.598.93$1,706
Dec 200520954.9413.42$2,804
Nov 200524654.6910.59$2,605
Oct 200521658.3413.80$2,980
Sep 200516161.4512.08$1,945
Aug 200518561.519.80$1,812
Jul 200519855.697.84$1,553
Jun 200516852.337.38$1,240
May 200518645.226.65$1,237
Apr 200515949.207.36$1,170
Mar 200517850.377.15$1,274
Feb 200516745.226.31$1,054
Jan 200519443.166.32$1,227
Dec 200414639.866.75$986
Nov 200413845.286.33$874
Oct 200415349.706.52$997
Sep 200416143.245.28$851
Aug 200416842.375.55$933
Jul 200421838.286.08$1,326
Jun 200413736.106.43$881
May 200415437.486.49$1,000
Apr 200414134.475.86$826
Mar 200419434.365.53$1,073
Feb 200417832.455.51$981
Jan 200418832.036.30$1,184
Dec 200314330.266.30$901
Nov 200318828.804.60$864
Oct 200317428.174.76$828
Sep 200318126.314.75$860
Aug 200318429.765.13$944
Jul 200319629.415.17$1,013
Jun 200319528.565.98$1,167
May 200317826.595.97$1,063
Apr 200323826.675.41$1,287
Mar 200321231.146.10$1,292
Feb 200317933.487.93$1,419
Jan 200321430.315.58$1,195
Dec 200221226.914.85$1,029
Nov 200224624.664.14$1,018
Oct 200221626.464.23$913
Sep 200224427.443.64$887
Aug 200227425.963.16$867
Jul 200222724.583.06$695
Jun 200219223.733.34$641
May 200221824.663.58$781
Apr 200227623.653.51$969
Mar 200220422.003.10$633
Feb 200217718.222.38$421
Jan 200220217.172.38$480
Dec 200119016.932.36$449
Nov 200117518.072.41$421
Oct 200118919.782.53$478
Sep 200119624.262.25$441
Aug 200120424.873.05$623
Jul 200117523.933.20$559
Jun 200115024.563.82$574
May 200115325.524.31$659
Apr 200116224.685.34$864
Mar 200113924.545.38$747
Feb 200112627.755.77$727
Jan 200118527.478.40$1,554
Dec 200014026.889.12$1,277
Nov 200015232.215.66$860
Oct 200019031.235.15$978
Sep 20008331.875.19$430
Aug 200019629.644.54$890
Jul 200025128.534.09$1,027
Jun 200016529.304.40$726
May 200017727.263.68$651
Apr 200016824.513.12$523
Mar 200017828.422.86$509
Feb 200018827.622.73$513
Jan 200019925.272.48$494
Dec 199919524.282.42$473
Nov 199920923.192.43$509
Oct 199924820.982.80$695
Sep 199923121.752.62$605
Aug 199925219.262.88$725
Jul 199922617.892.37$536
Jun 199921215.942.36$501
May 199923815.792.32$552
Apr 199923615.102.21$521
Mar 199920612.471.84$379
Feb 19991999.981.82$362
Jan 199923510.381.90$446
Dec 19981889.201.77$333
Nov 199821110.892.19$461
Oct 199815412.421.97$303
Sep 199815112.592.08$314
Aug 199817211.301.91$328
Jul 199819311.742.24$432
Jun 199821811.242.24$488
May 199823812.622.21$525
Apr 199827213.042.51$681
Mar 199828612.802.31$661
Feb 199823513.952.30$540
Jan 199825714.702.15$554
Dec 199726916.322.41$649
Nov 199726618.193.09$821
Oct 199731019.253.15$976
Sep 199732217.742.95$951
Aug 199737917.862.55$968
Jul 199740217.582.25$903
Jun 199740717.242.26$919
May 199743318.972.31$1,000
Apr 199740117.882.08$835
Mar 199739618.951.94$768
Feb 199739620.492.21$874
Jan 199728823.483.54$1,019
Dec 199638023.32$0
Nov 199641521.97$0
Oct 199644023.31$0
Sep 199641322.22$0
Aug 199640920.26$0
Jul 199642719.55$0
Jun 199641818.73$0
May 199648019.43$0
Apr 199653621.51$0
Mar 199647419.38$0
Feb 199643616.98$0
Jan 199652217.07$0
Dec 199555417.19$0
Nov 199546016.00$0
Oct 199551315.43$0
Sep 199541916.18$0
Aug 199553315.92$0
Jul 199550415.24$0
Jun 199543516.41$0
May 199539917.56$0
Apr 199544617.73$0
Mar 199557616.44$0
Feb 199553516.58$0
Jan 199551815.92$0
Dec 199449315.03$0
Nov 199451615.90$0
Oct 199447615.58$0
Sep 199439815.29$0
Aug 199465716.13$0
Jul 199454717.56$0
Jun 199442017.09$0
May 199446615.88$0
Apr 199442114.14$0
Mar 199445012.46$0
Feb 199446512.50$0
Jan 199434512.66$0
Dec 199332312.33$0
Nov 19934714.49$0
Oct 199312215.85$0
Sep 19931,11415.03$0
Aug 19931,23515.66$0
Jul 19931,49915.46$0
Jun 19931,50416.79$0
May 19931,50617.68$0
Apr 19931,83418.05$0
Mar 19931,85118.14$0
Feb 19931,72617.90$0
Jan 19931,88916.93$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.

Nov 2010 — as filed, then multipliedworked
Gas                   65 Mcf  × $  3.80 =       $247

────────────────────────────────────────────────────
Month total                                     $247

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. 7C/G/136640 is the state's own key, not one this site invented.