FOSTER "1"

Operated by SAUDER MANAGEMENT COMPANY (P-5 748782) in the TUMBLEWEED, NW. (TANNEHILL) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 65848District 8AField 91784700OilCasinghead gasSave
Value, all time
$441 k
Jan 1993 – Oct 1993
Value, last 12 filed months
$441 k
at the published price for each month
Months reported
10
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition25,141 bbl$441,013
Casinghead gasProduction14,029 Mcf$0
Total$441,013

14,029 Mcf of this lease's gas, across 6 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 (13)

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 33.4942, -100.5588. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.1 miles.

33.49291, -100.55833 · 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
69.2%
9 of 13 wells
With a plug date
69.2%
9 of 13 wells
Median depth
4,260 ft
13 wells filed one
Completion to plug
24.3 years
median over 9 wells

What the state filed about each well

On the RRC proration schedule
969.2%
A plug date is filed
969.2%
BothOn the schedule and plugged. Neither fact cancels the other.
969.2%
NeitherNo plug date, and not on the schedule.
430.8%

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

0k
2k
4k
6k
8k
10k
12k
15k
20k+

Total depth in feet, 13 of 13 wells. Median 4,260 ft, with the middle half between 4,244 and 4,285 ft; the shallowest is 4,159 ft and the deepest 4,400 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

80s
90s

Last completion by decade, 13 of 13 wells, Aug 1986 – Jul 1999. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Aug 1986 – Jul 1999
13 of 13 wells
Plug dates filed
Jan 2003 – Nov 2016
9 of 13 wells; 4 filed none

Last completion to plug: a median of 24.3 years across the 9 wells that filed both dates, with the middle half between 16.6 years and 25.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

13 wells

42-12530417104,255 ftJul 1999Jul 2016Yes
42-1253041164,244 ftJun 1999
42-12530424124,159 ftOct 1997Jan 2003Yes
42-125303943014,250 ftJul 1995Mar 2006Yes
42-1253040984,400 ftJul 1991Jul 2016Yes
42-1253043114A4,260 ftDec 1990Apr 2015Yes
42-12530423114,180 ftAug 1990Jun 2016Yes
42-1253040144,260 ftJun 1990
42-1253041074,323 ftApr 1990Jun 2016Yes
42-1253040354,210 ftOct 1989
42-1253038734,290 ftSep 1988Nov 2016Yes
42-1253034724,285 ftJun 1987Jan 2004Yes
42-1253032514,275 ftAug 1986

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 (10)

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

10 months

Oct 19930015.85$0
Sep 19930015.03$0
Aug 19930015.66$0
Jul 19930015.46$0
Jun 19934,6932,28616.79$78,795
May 19933,9602,70717.68$70,013
Apr 19933,8012,25718.05$68,608
Mar 19933,9752,14818.14$72,107
Feb 19934,1202,18917.90$73,748
Jan 19934,5922,44216.93$77,743

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 1993 — as filed, then multipliedworked
Oil                4,693 bbl  × $ 16.79 =    $78,795
Casinghead gas     2,286 Mcf  ×  no price            —

────────────────────────────────────────────────────
Month total                                  $78,795

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. 8A/O/65848 is the state's own key, not one this site invented.