WATERMELON 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 18986District 01Field 27135700OilCasinghead gasSave
Value, all time
$122.3 M
May 2017 – May 2026
Value, last 12 filed months
$5.2 M
at the published price for each month
Months reported
109
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition1,947,885 bbl$117,222,622
Casinghead gasProduction1,528,402 Mcf$5,030,932
Total$122,253,554

Wells on this lease (7)

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 28.6796, -98.4811. A lease has no coordinate of its own — that point is the mean of its wells, and they span 2.1 miles.

28.68647, -98.48593 · 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
14.3%
1 of 7 wells
With a plug date
14.3%
1 of 7 wells
Median depth
9,719 ft
7 wells filed one
Completion to plug
20 months
median over 1 wells

What the state filed about each well

On the RRC proration schedule
114.3%
A plug date is filed
114.3%
BothOn the schedule and plugged. Neither fact cancels the other.
114.3%
NeitherNo plug date, and not on the schedule.
685.7%

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 9,456 and 9,841 ft, median 9,719 ft, over the 7 wells that filed a depth.

Completions filed
May 2017 – Aug 2018
7 of 7 wells
Plug dates filed
Sep 2019
1 of 7 wells; 6 filed none

Last completion to plug: a median of 20 months across the 1 well that filed both dates, with the middle half between 20 months and 20 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

7 wells

42-013355785H9,719 ftAug 2018
42-013355796H9,749 ftAug 2018
42-013355807H9,771 ftAug 2018
42-013355183H9,648 ftJan 2018
42-013355232H9,649 ftJan 2018
42-013342894H9,456 ftJan 2018Sep 2019Yes
42-013354411H9,841 ftMay 2017

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 (109)

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

109 months

May 20266,1567,996106.413.05$679,415
Apr 20266,5688,37098.932.87$673,792
Mar 20267,3108,90389.753.15$684,112
Feb 20267,4615,00463.503.75$492,540
Jan 20266,5843,67059.138.00$418,664
Dec 20254,2992,25756.664.41$253,542
Nov 20256,1464,20058.593.93$376,585
Oct 20256,3444,14459.383.30$390,402
Sep 20255,9803,93962.743.08$387,305
Aug 20255,9764,66063.933.01$396,094
Jul 20254,2693,60066.743.32$296,848
Jun 20252,5921,62366.483.13$177,394
May 20254,2093,85760.553.23$267,322
Apr 20255,3945,59762.363.54$356,201
Mar 20256,6748,35667.704.27$487,496
Feb 20256,6168,27070.884.34$504,841
Jan 20257,61210,67974.324.28$611,416
Dec 20246,82814,12468.993.12$515,150
Nov 20248,01517,64569.052.20$592,227
Oct 20248,0289,51071.372.28$594,654
Sep 20248,2148,29569.612.36$591,389
Aug 20248,5707,12275.632.06$662,846
Jul 20247,5397,57379.932.15$618,848
Jun 20246,7027,50378.082.63$543,055
May 20248,56110,54478.812.20$697,873
Apr 20248,3589,65684.451.66$721,854
Mar 20249,8369,25580.301.55$804,131
Feb 20247,4396,31176.091.78$577,290
Jan 20247,5259,58173.023.30$581,070
Dec 20238,6889,36671.262.61$643,559
Nov 20238,3829,67277.892.81$680,029
Oct 20239,28711,23385.443.09$828,161
Sep 20239,24410,35089.042.74$851,393
Aug 20239,40310,52880.522.67$785,270
Jul 20239,0579,46974.852.64$702,932
Jun 20238,6519,32168.962.26$617,624
May 20239,75010,47570.622.23$711,877
Apr 20239,19612,18478.122.24$745,656
Mar 202310,33914,08472.852.39$786,901
Feb 20238,51913,19875.112.47$672,404
Jan 20239,96518,56676.533.39$825,518
Dec 202210,47123,34376.415.73$933,823
Nov 202210,74915,32885.005.65$1,000,210
Oct 202210,71612,61687.185.86$1,008,198
Sep 202210,77113,73984.888.16$1,026,403
Aug 202212,34914,80894.529.13$1,302,382
Jul 202212,88110,666101.587.54$1,388,896
Jun 202211,74610,216115.097.98$1,433,342
May 202213,07110,028109.378.43$1,514,142
Apr 20229,0237,615104.226.84$992,445
Mar 202211,39110,969108.885.08$1,295,935
Feb 202211,0559,67491.054.86$1,053,562
Jan 202212,70111,45881.844.54$1,091,443
Dec 202112,87012,78571.323.90$967,739
Nov 202113,52212,83877.435.24$1,114,239
Oct 202113,26812,36379.795.71$1,129,294
Sep 202114,58316,89069.865.35$1,109,145
Aug 202114,79112,34866.024.22$1,028,618
Jul 202115,30311,32870.783.98$1,128,255
Jun 202114,13910,24169.493.38$1,017,140
May 202114,76611,00963.483.02$970,567
Apr 202114,73411,20760.362.76$920,258
Mar 202115,40412,27061.302.72$977,602
Feb 202112,59010,19257.805.55$784,247
Jan 202117,09014,60350.412.81$902,545
Dec 202017,22315,42444.642.68$810,101
Nov 202017,53115,88638.772.71$722,673
Oct 202017,77715,76836.972.48$696,296
Sep 202018,06015,88437.091.99$701,471
Aug 202019,19817,25739.982.39$808,696
Jul 202020,37118,37738.371.83$815,176
Jun 202022,83416,83834.901.69$825,368
May 202018,03414,18216.921.81$330,872
Apr 202021,63217,70014.751.80$351,010
Mar 202023,49219,54830.341.86$749,033
Feb 202023,53520,46749.881.98$1,214,464
Jan 202027,48021,97157.252.09$1,619,254
Dec 201925,62620,14759.012.30$1,558,616
Nov 201927,80322,35255.302.75$1,598,990
Oct 201927,04620,53753.472.42$1,495,819
Sep 201926,35818,60555.052.66$1,500,447
Aug 201926,69919,98553.112.30$1,464,037
Jul 201928,29420,45956.272.46$1,642,434
Jun 201936,26828,46252.782.49$1,985,130
May 201940,45029,30158.482.74$2,445,810
Apr 201941,69826,23462.632.75$2,683,708
Mar 201929,53919,72556.803.06$1,738,215
Feb 201940,86324,84850.852.79$2,147,265
Jan 201940,91722,35646.033.23$1,955,579
Dec 201845,75025,33746.594.19$2,237,539
Nov 201853,02430,69552.934.24$2,936,622
Oct 201861,13133,73861.443.40$3,870,533
Sep 201891,30152,44559.543.11$5,599,061
Aug 201817,0377,21359.403.07$1,034,117
Jul 201810065.142.93$651
Jun 201830,08219,98360.183.08$1,871,821
May 201839,33023,91765.382.90$2,640,774
Apr 201844,90027,80563.842.90$2,947,073
Mar 201860,81737,38761.222.79$3,827,408
Feb 201886,85949,71461.782.77$5,503,664
Jan 201811,3384,20962.874.01$729,695
Dec 20175,9953,75957.272.92$354,316
Nov 201712,8827,98455.423.12$738,817
Oct 201714,8309,10849.292.98$758,146
Sep 201716,5619,73147.523.09$817,021
Aug 201718,53010,85245.373.00$873,310
Jul 201723,49013,79043.873.09$1,073,080
Jun 201730,10017,04242.493.09$1,331,562
May 201728,92012,15645.373.26$1,351,770

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
Oil                6,156 bbl  × $106.41 =   $655,060
Casinghead gas     7,996 Mcf  × $  3.05 =    $24,355

────────────────────────────────────────────────────
Month total                                 $679,415

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/18986 is the state's own key, not one this site invented.