WHEELER-BROWN

Operated by FASKEN OIL AND RANCH, LTD. (P-5 263696) in the BUENOS (STRAWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 67249District 8AField 13047050OilCasinghead gasSaveExport
Value, all time
$569 k
Apr 1994 – Mar 2008
Value, last 12 filed months
$0
at the published price for each month
Months reported
168
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 4 leases and 5 wells, and the rule below applies to all of them.

Discovered
1987-06-25
as the register files it
Field class
Oil
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 80 acres. The field rule took effect on 1988-04-01.

The Commission's schedule remark for this field reads: TEMP RULES MADE PERMANENT PER DOC 8A-0201756 8-2-93

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
OilDisposition31,564 bbl$543,804
Casinghead gasProduction29,426 Mcf$24,932
Total$568,737

19,074 Mcf of this lease's gas, across 32 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 33.3240, -101.4711. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.32400, -101.47111 · 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
8,835 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 8,835 ft.

Completions filed
Jul 2012
1 of 1 wells

1 well

42-1693323818,835 ftJul 2012Yes

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 (168)

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

168 months

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 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 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 199844223110.892.19$5,318
Oct 199818023812.421.97$2,704
Sep 199817822912.592.08$2,718
Aug 199818332911.301.91$2,695
Jul 199835329811.742.24$4,811
Jun 199817727511.242.24$2,605
May 199835632812.622.21$5,216
Apr 199818137713.042.51$3,305
Mar 199835532012.802.31$5,283
Feb 199818029313.952.30$3,185
Jan 199835827114.702.15$5,847
Dec 199734045316.322.41$6,641
Nov 199736349018.193.09$8,116
Oct 199735857919.253.15$8,715
Sep 199735735417.742.95$7,379
Aug 199735261817.862.55$7,866
Jul 199736053917.582.25$7,540
Jun 199735938217.242.26$7,051
May 199735841818.972.31$7,756
Apr 199736045017.882.08$7,374
Mar 199735749318.951.94$7,721
Feb 19973621,89520.492.21$11,598
Jan 199753349223.483.54$14,256
Dec 199635559723.32$8,279
Nov 199653748021.97$11,798
Oct 199653664723.31$12,494
Sep 199669369722.22$15,398
Aug 199653368020.26$10,799
Jul 199669981219.55$13,665
Jun 199671585618.73$13,392
May 199689582119.43$17,390
Apr 199670879121.51$15,229
Mar 199690581819.38$17,539
Feb 199671676816.98$12,158
Jan 199672056617.07$12,290
Dec 199572249417.19$12,411
Nov 199589856216.00$14,368
Oct 199572366915.43$11,156
Sep 199571357816.18$11,536
Aug 199571655615.92$11,399
Jul 199571853815.24$10,942
Jun 199571552616.41$11,733
May 199571654217.56$12,573
Apr 199572058617.73$12,766
Mar 199590156816.44$14,812
Feb 199572456316.58$12,004
Jan 199572353715.92$11,510
Dec 199490142615.03$13,542
Nov 199489942815.90$14,294
Oct 199489926715.58$14,006
Sep 199489944415.29$13,746
Aug 199489261316.13$14,388
Jul 199489465817.56$15,699
Jun 19941,24066517.09$21,192
May 199453732115.88$8,528
Apr 19940014.14$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 1998 — as filed, then multipliedworked
Oil                  442 bbl  × $ 10.89 =     $4,813
Casinghead gas       231 Mcf  × $  2.19 =       $505

────────────────────────────────────────────────────
Month total                                   $5,318

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/67249 is the state's own key, not one this site invented.