FOSTER PET. CORP.

Operated by XTO ENERGY INC. (P-5 945936) in the RUSSELL (CLEARFORK CONSOLIDATED field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 68864District 8AField 79002100Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$2.0 M
Nov 2005 – Dec 2010
Value, last 12 filed months
$317 k
at the published price for each month
Months reported
62
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 26 leases and 801 wells, and the rule below applies to all of them.

Discovered
2005-10-25
as the register files it
Field class
Oil
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2005-10-25.

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.

The Commission's schedule remark for this field reads: 95% ACRES & 5% WELL.

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
OilDisposition26,845 bbl$1,896,854
Casinghead gasProduction13,804 Mcf$82,236
Total$1,979,090

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 32.8803, -102.9435. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.88030, -102.94351 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
no depth filed
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
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.
1100.0%

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.

1 well

42-165023518

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 (62)

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

62 months

Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 201052622278.103.51$41,860
Sep 201034820072.633.98$26,071
Aug 201036024673.684.42$27,612
Jul 201035814772.554.74$26,669
Jun 201035526470.364.91$26,274
May 201053939471.124.24$40,002
Apr 201035330081.694.12$30,073
Mar 201035530978.394.39$29,185
Feb 201035337273.585.44$27,998
Jan 201052444274.365.96$41,601
Dec 200935342271.445.48$27,532
Nov 200936045374.593.75$28,552
Oct 200935946972.544.11$27,970
Sep 200970336765.543.06$47,199
Aug 200935421867.423.22$24,568
Jul 200935226261.133.46$22,425
Jun 200952569466.163.90$37,437
May 200935540554.743.93$21,023
Apr 200953933646.773.59$26,414
Mar 200953328742.144.06$23,626
Feb 200935526832.814.63$12,889
Jan 20095391135.865.37$19,388
Dec 20083567637.105.98$13,662
Nov 200848919655.496.86$28,479
Oct 200835310475.246.92$27,280
Sep 200835761101.767.88$36,809
Aug 2008361140114.228.48$42,421
Jul 2008506154131.0811.39$68,080
Jun 2008362135131.3313.03$49,301
May 2008539133123.1711.57$67,928
Apr 200852978110.3110.45$59,169
Mar 200835171101.909.66$36,453
Feb 20083527092.538.77$33,185
Jan 20085219890.388.21$47,892
Dec 20075246988.337.30$46,789
Nov 20073459191.677.29$32,290
Oct 200751011882.856.92$43,070
Sep 200752914575.846.24$41,025
Aug 200753022169.066.39$38,014
Jul 20075197170.906.39$37,251
Jun 200734910662.007.55$22,438
May 200735915958.747.85$22,335
Apr 200753118659.617.81$33,105
Mar 200735321356.927.30$21,648
Feb 200735723955.108.22$21,634
Jan 2007709050.306.73$35,663
Dec 200635425556.656.92$21,818
Nov 200654128954.207.62$31,524
Oct 200651530854.906.01$30,126
Sep 200635832360.085.04$23,136
Aug 200654730568.717.34$39,823
Jul 200636533669.376.34$27,451
Jun 200654829666.286.38$38,211
May 200652828466.016.42$36,678
Apr 200652426464.397.36$35,684
Mar 200653424756.707.08$32,027
Feb 200635422357.597.75$22,115
Jan 200670126260.598.93$44,814
Dec 200535223654.9413.42$22,505
Nov 200553515454.6910.59$30,890

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.

Oct 2010 — as filed, then multipliedworked
Oil                  526 bbl  × $ 78.10 =    $41,081
Casinghead gas       222 Mcf  × $  3.51 =       $779

────────────────────────────────────────────────────
Month total                                  $41,860

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/68864 is the state's own key, not one this site invented.