FOSTER

Operated by L.C.S. PRODUCTION COMPANY (P-5 479574) in the QUICK DRAW (TANNEHILL UPPER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 66447District 8AField 73738700OilCasinghead gasSaveExport
Value, all time
$1.4 M
Jan 1993 – Feb 2001
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
98
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 3 leases and 9 wells, and the rule below applies to all of them.

Discovered
1989-12-16
as the register files it
Field class
Oil
the register's own label
Between wells
933 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1990-05-01.

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
OilDisposition84,437 bbl$1,366,236
Casinghead gasProduction12,265 Mcf$3,130
Total$1,369,366

11,034 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 (5)

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 33.4718, -100.4971. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

33.47147, -100.49665 · 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%
5 of 5 wells
With a plug date
100.0%
5 of 5 wells
Median depth
4,044 ft
5 wells filed one
Completion to plug
4.5 years
median over 4 wells

What the state filed about each well

On the RRC proration schedule
5100.0%
A plug date is filed
5100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
5100.0%
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

Between 4,021 and 4,126 ft, median 4,044 ft, over the 5 wells that filed a depth.

Completions filed
Jul 1991 – Jul 1998
4 of 5 wells; 1 filed none
Plug dates filed
Mar 1991 – Jan 2000
5 of 5 wells

Last completion to plug: a median of 4.5 years across the 4 wells that filed both dates, with the middle half between 19 months and 7.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

5 wells

42-2693205044,052 ftMar 1991Yes
42-2693187414,044 ftJul 1998Jan 2000Yes
42-269319722A4,044 ftJun 1998Jan 2000Yes
42-2693210464,126 ftSep 1992Jan 2000Yes
42-2693206154,021 ftJul 1991Jan 2000Yes

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 (98)

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

98 months

Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 200080026.889.12$2,150
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 200020029.304.40$586
May 200020027.263.68$545
Apr 200020024.513.12$490
Mar 200020028.422.86$568
Feb 200020027.622.73$552
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 1999170017.892.37$3,041
Jun 1999179015.942.36$2,853
May 1999170015.792.32$2,684
Apr 1999361015.102.21$5,451
Mar 1999183012.471.84$2,282
Feb 199936109.981.82$3,603
Jan 19990010.381.90$0
Dec 199850209.201.77$4,618
Nov 1998364010.892.19$3,964
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 1998186011.301.91$2,102
Jul 1998360011.742.24$4,226
Jun 1998360011.242.24$4,046
May 19980012.622.21$0
Apr 1998180013.042.51$2,347
Mar 19983573012.802.31$4,639
Feb 19981803013.952.30$2,580
Jan 19983669714.702.15$5,589
Dec 1997012416.322.41$299
Nov 19971827718.193.09$3,548
Oct 19971824919.253.15$3,658
Sep 19971616017.742.95$3,033
Aug 199706117.862.55$156
Jul 19971467317.582.25$2,731
Jun 19973447217.242.26$6,093
May 19971887218.972.31$3,733
Apr 19971877217.882.08$3,494
Mar 199736911018.951.94$7,206
Feb 199718013020.492.21$3,975
Jan 199750817423.483.54$12,544
Dec 199635110923.32$8,185
Nov 199653916221.97$11,842
Oct 199669318523.31$16,154
Sep 199688922522.22$19,754
Aug 199636020320.26$7,294
Jul 199687822319.55$17,165
Jun 199670926618.73$13,280
May 199671324919.43$13,854
Apr 19961,02227321.51$21,983
Mar 19961,23031119.38$23,837
Feb 199670631616.98$11,988
Jan 19961,43733817.07$24,530
Dec 199590638117.19$15,574
Nov 19951,25039416.00$20,000
Oct 19951,08441715.43$16,726
Sep 19951,40637416.18$22,749
Aug 199590344915.92$14,376
Jul 19951,58145915.24$24,094
Jun 19951,78251016.41$29,243
May 19951,60356917.56$28,149
Apr 19951,42856917.73$25,318
Mar 19952,12657916.44$34,951
Feb 19951,40358416.58$23,262
Jan 19952,10163915.92$33,448
Dec 19941,75975315.03$26,438
Nov 19942,45572515.90$39,035
Oct 19942,30675115.58$35,927
Sep 19941,943115.29$29,708
Aug 19942,127116.13$34,309
Jul 19942,114117.56$37,122
Jun 19942,632117.09$44,981
May 19942,286115.88$36,302
Apr 19942,101114.14$29,708
Mar 19942,956112.46$36,832
Feb 19942,238112.50$27,975
Jan 19942,569112.66$32,524
Dec 19932,403112.33$29,629
Nov 19932,628114.49$38,080
Oct 19931,502115.85$23,807
Sep 19931,373115.03$20,636
Aug 1993878115.66$13,749
Jul 19931,841115.46$28,462
Jun 19931,737116.79$29,164
May 19931,962117.68$34,688
Apr 19932,380118.05$42,959
Mar 19932,093118.14$37,967
Feb 19932,058117.90$36,838
Jan 19932,090116.93$35,384

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.

Dec 2000 — as filed, then multipliedworked
Oil                   80 bbl  × $ 26.88 =     $2,150
Casinghead gas         0 Mcf  × $  9.12 =         $0

────────────────────────────────────────────────────
Month total                                   $2,150

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/66447 is the state's own key, not one this site invented.