GANDALF UNIT

Operated by EOG RESOURCES, INC. (P-5 253162) in the EAGLEVILLE (EAGLE FORD-1) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 18473District 01Field 27135700Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$4.4 M
Jun 2015 – Apr 2020
Value, last 12 filed months
$55
at the published price for each month
Months reported
59
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 5,086 leases and 10,995 wells, and the rule below applies to all of them.

Discovered
2009-08-12
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 2017-02-28.

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: BASED ON 3000 TO 1 GAS OIL RATIO

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
OilDisposition79,612 bbl$3,369,188
Casinghead gasProduction373,632 Mcf$1,014,285
Total$4,383,473

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 28.4955, -98.5962. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

28.49546, -98.59621 · 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
100.0%
2 of 2 wells
Median depth
10,572 ft
2 wells filed one
Completion to plug
4.3 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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 10,557 and 10,587 ft, median 10,572 ft, over the 2 wells that filed a depth.

Completions filed
Jul 2015
2 of 2 wells
Plug dates filed
Oct 2019
2 of 2 wells

Last completion to plug: a median of 4.3 years across the 2 wells that filed both dates, with the middle half between 4.3 years and 4.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-311359612H10,557 ftJul 2015Oct 2019Yes
42-311363323H10,587 ftJul 2015Oct 2019Yes

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 (59)

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

59 months

Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20191055.052.66$55
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 2019139056.803.06$7,895
Feb 20190050.852.79$0
Jan 2019310546.033.23$477
Dec 20181862,15546.594.19$17,685
Nov 20183792,42052.934.24$30,315
Oct 20181912,95461.443.40$21,773
Sep 20183923,29159.543.11$33,568
Aug 20183733,76259.403.07$33,693
Jul 20183673,42365.142.93$33,942
Jun 20185473,66360.183.08$44,189
May 20185364,65265.382.90$48,538
Apr 20183885,14163.842.90$39,683
Mar 20183862,28961.222.79$30,010
Feb 20185692,28161.782.77$41,462
Jan 20187723,49062.874.01$62,528
Dec 20175901,45557.272.92$38,040
Nov 20177673,81155.423.12$54,391
Oct 20171,1527,39449.292.98$78,843
Sep 20171,2396,04647.523.09$77,543
Aug 20171,3745,77645.373.00$79,692
Jul 20171,4516,49543.873.09$83,707
Jun 20178653,34242.493.09$47,072
May 201737328945.373.26$17,866
Apr 20171831,02947.933.21$12,076
Mar 20171,2736,95146.772.98$80,278
Feb 20171,2095,61050.452.95$77,558
Jan 20175512,42049.413.42$35,498
Dec 20165061,39548.763.72$29,866
Nov 20165473,48942.492.64$32,468
Oct 20167174,94246.193.09$48,390
Sep 20161,44410,22041.553.10$91,687
Aug 20161,82311,06841.442.92$107,912
Jul 20162,35010,31041.622.92$127,957
Jun 20161,1057,93545.352.69$71,424
May 20162,20514,98642.521.99$123,594
Apr 20162,32111,81836.561.99$108,386
Mar 20162,91914,50233.011.79$122,373
Feb 20162,57513,35926.472.06$95,728
Jan 20163,49815,36127.352.36$131,989
Dec 20153,84713,94132.362.00$152,391
Nov 20154,0343,29438.792.17$163,618
Oct 20154,52222,16743.552.43$250,723
Sep 20157,23342,52242.992.76$428,240
Aug 201514,41158,81540.162.87$747,691
Jul 20157,21223,26448.152.95$415,772
Jun 201587056.152.88$4,885

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.

Sep 2019 — as filed, then multipliedworked
Oil                    1 bbl  × $ 55.05 =        $55
Casinghead gas         0 Mcf  × $  2.66 =         $0

────────────────────────────────────────────────────
Month total                                      $55

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/O/18473 is the state's own key, not one this site invented.