CODIGO

Operated by EOG RESOURCES, INC. (P-5 253162) in the BRISCOE RANCH (EAGLEFORD) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 294274District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$31.2 M
Feb 2023 – May 2026
Value, last 12 filed months
$2.6 M
at the published price for each month
Months reported
40
no gaps in the span
Streams
2
condensate, 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 5,584 leases and 8,017 wells, and the rule below applies to all of them.

Discovered
2007-11-05
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2013-04-09.

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: MAY ELECT TO CLASSIFY AS PERMANENT GAS 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
CondensateDisposition251,240 bbl$18,971,181
GasProduction4,491,375 Mcf$12,211,973
Total$31,183,153

Every month this lease reported (40)

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

40 months

May 20262,43053,703106.413.05$422,147
Apr 20262,31845,03798.932.87$358,563
Mar 20262,60253,57789.753.15$402,267
Feb 20262,12234,68463.503.75$264,823
Jan 20262,69050,28959.138.00$561,267
Dec 20251,43543,94056.664.41$275,230
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 202538066.743.32$2,536
Jun 20252,46954,62866.483.13$335,055
May 20253,74490,02360.553.23$517,682
Apr 20253,70688,40162.363.54$544,322
Mar 20253,990110,02867.704.27$739,758
Feb 20253,33292,70870.884.34$638,603
Jan 20254,339110,72274.324.28$796,218
Dec 20244,543116,99868.993.12$678,616
Nov 20244,402120,00069.052.20$567,771
Oct 20244,663125,17171.372.28$618,363
Sep 20244,898134,23869.612.36$658,337
Aug 20244,819121,97875.632.06$616,178
Jul 20245,295150,07579.932.15$745,379
Jun 20244,661141,45878.082.63$736,528
May 20245,895132,41578.812.20$755,691
Apr 20244,95791,11284.451.66$569,792
Mar 20245,485103,40280.301.55$600,215
Feb 20245,239103,13976.091.78$582,598
Jan 20246,668131,47673.023.30$920,461
Dec 20236,496145,81071.262.61$843,574
Nov 20238,106154,95577.892.81$1,066,422
Oct 202310,621179,64585.443.09$1,462,073
Sep 202312,806152,10689.042.74$1,556,262
Aug 20239,549176,44380.522.67$1,240,496
Jul 202313,596178,80574.852.64$1,490,028
Jun 202315,186218,88468.962.26$1,541,572
May 202318,052243,14070.622.23$1,816,402
Apr 202321,658297,77978.122.24$2,358,281
Mar 202326,341324,87472.852.39$2,696,417
Feb 202312,089119,73275.112.47$1,203,226

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.

May 2026 — as filed, then multipliedworked
Condensate         2,430 bbl  × $106.41 =   $258,576
Gas               53,703 Mcf  × $  3.05 =   $163,571

────────────────────────────────────────────────────
Month total                                 $422,147

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. 01/G/294274 is the state's own key, not one this site invented.