ANEJO B

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

Gas lease lease 298278District 01Field 54928500Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$21.1 M
Sep 2024 – May 2026
Value, last 12 filed months
$7.9 M
at the published price for each month
Months reported
21
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 484 leases and 599 wells, and the rule below applies to all of them.

Discovered
2009-10-26
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 2023-08-22.

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: A UFT FIELD. FIELD GETS UFT ALLOWABLE, EFFECTIVE 08-22-2023

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
CondensateDisposition225,312 bbl$15,639,845
GasProduction1,633,464 Mcf$5,470,277
Total$21,110,122

Every month this lease reported (21)

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

21 months

May 20265,61039,956106.413.05$718,660
Apr 20265,44039,69398.932.87$652,087
Mar 20265,29440,21189.753.15$601,779
Feb 20265,44336,88963.503.75$483,976
Jan 20267,05945,85259.138.00$784,119
Dec 20254,42129,19156.664.41$379,324
Nov 20254,23332,52958.593.93$375,735
Oct 20257,06858,21959.383.30$612,102
Sep 20257,51177,57262.743.08$709,923
Aug 20257,91477,74363.933.01$740,319
Jul 20258,97590,97666.743.32$900,595
Jun 20259,24789,94866.483.13$896,163
May 202510,760101,67660.553.23$980,167
Apr 202511,693107,31362.363.54$1,109,398
Mar 202513,56292,67367.704.27$1,313,705
Feb 202512,90876,85170.884.34$1,248,517
Jan 202517,536103,68274.324.28$1,746,898
Dec 202420,682121,80268.993.12$1,807,040
Nov 202423,510143,73769.052.20$1,939,363
Oct 202430,207199,03471.372.28$2,609,950
Sep 20246,23927,91769.612.36$500,303

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         5,610 bbl  × $106.41 =   $596,960
Gas               39,956 Mcf  × $  3.05 =   $121,700

────────────────────────────────────────────────────
Month total                                 $718,660

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/298278 is the state's own key, not one this site invented.