A. FASKEN ESTATE

Operated by GIEBEL PETROLEUM LTD. (P-5 304280) in the GIEBEL (CFA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 67982District 8AField 34742450Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$1.3 M
Aug 1998 – Jul 2004
Value, last 12 filed months
$161 k
at the published price for each month
Months reported
72
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 21 leases and 48 wells, and the rule below applies to all of them.

Discovered
not filed
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 1998-08-11.

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.

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
OilDisposition36,614 bbl$839,046
Casinghead gasProduction121,946 Mcf$451,104
Total$1,290,150

Wells on this lease (2)

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 32.5301, -102.9610. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

32.53007, -102.96103 · 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%
2 of 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
7,700 ft
2 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
2100.0%
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

Between 7,699 and 7,700 ft, median 7,700 ft, over the 2 wells that filed a depth.

Completions filed
Sep 1989 – Feb 1990
2 of 2 wells

2 wells

42-165341241A7,699 ftFeb 1990Yes
42-1653408717,700 ftSep 1989Yes

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 (72)

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

72 months

Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20046031,22734.365.53$27,505
Feb 20042861,17932.455.51$15,777
Jan 20044881,34032.036.30$24,072
Dec 20033841,34830.266.30$20,114
Nov 20033971,16828.804.60$16,801
Oct 20033851,41128.174.76$17,561
Sep 20034301,36626.314.75$17,801
Aug 20034461,48229.765.13$20,875
Jul 20034931,52329.415.17$22,374
Jun 20034881,43928.565.98$22,547
May 20033531,51426.595.97$18,429
Apr 20034651,33326.675.41$19,609
Mar 20033971,46231.146.10$21,275
Feb 20034281,29933.487.93$24,625
Jan 20034361,52030.315.58$21,700
Dec 20023991,49726.914.85$18,003
Nov 20024401,44824.664.14$16,841
Oct 20024381,45226.464.23$17,730
Sep 20024451,55627.443.64$17,867
Aug 20024271,50625.963.16$15,850
Jul 20024531,52524.583.06$15,804
Jun 20024431,61823.733.34$15,914
May 20024741,65224.663.58$17,610
Apr 20024901,57923.653.51$17,134
Mar 20024861,72822.003.10$16,054
Feb 20024471,35618.222.38$11,366
Jan 20025211,71817.172.38$13,027
Dec 20016051,61316.932.36$14,056
Nov 20013621,63318.072.41$10,470
Oct 20015641,63219.782.53$15,283
Sep 20014831,62924.262.25$15,385
Aug 20014761,63124.873.05$16,818
Jul 20015051,69023.933.20$17,488
Jun 20014611,56724.563.82$17,315
May 20018031,66725.524.31$27,673
Apr 20012321,63224.685.34$14,433
Mar 20015481,77224.545.38$22,975
Feb 20014751,59727.755.77$22,391
Jan 20015891,83327.478.40$31,575
Dec 20004881,72226.889.12$28,826
Nov 20005121,75532.215.66$26,421
Oct 20006931,88631.235.15$31,347
Sep 20005021,93231.875.19$26,019
Aug 20005001,94729.644.54$23,661
Jul 20006321,99428.534.09$26,186
Jun 20005561,88829.304.40$24,593
May 20006802,03727.263.68$26,032
Apr 20005311,93524.513.12$19,044
Mar 20005192,07328.422.86$20,678
Feb 20005291,91827.622.73$19,840
Jan 20006742,10025.272.48$22,241
Dec 19996612,08524.282.42$21,103
Nov 19995272,12423.192.43$17,391
Oct 19998222,20120.982.80$23,417
Sep 19994062,13521.752.62$14,422
Aug 19996682,27719.262.88$19,413
Jul 19996772,34817.892.37$17,682
Jun 19996192,25415.942.36$15,191
May 19996402,40215.792.32$15,681
Apr 19997812,28215.102.21$16,832
Mar 19996712,45912.471.84$12,888
Feb 19996862,3469.981.82$11,111
Jan 19997892,61610.381.90$13,160
Dec 19988562,6239.201.77$12,527
Nov 19985352,35510.892.19$10,974
Oct 19987152,61912.421.97$14,038
Sep 19988292,63612.592.08$15,927
Aug 19988711,85511.301.91$13,380

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.

Mar 2004 — as filed, then multipliedworked
Oil                  603 bbl  × $ 34.36 =    $20,719
Casinghead gas     1,227 Mcf  × $  5.53 =     $6,785

────────────────────────────────────────────────────
Month total                                  $27,505

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/67982 is the state's own key, not one this site invented.