STATE TRACT 721-S

Operated by EOG RESOURCES, INC. (P-5 253162) in the SHERMAN OFFSHORE (2900 A) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 121577District 02Field 83189450GasSaveExport
Value, all time
$19.7 M
Jan 1993 – Aug 2018
Value, last 12 filed months
$0
at the published price for each month
Months reported
308
no gaps in the span
Streams
1
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 other leases, and the rule below applies to all of them.

Discovered
1986-06-18
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: SUSPENSION OF ALLOCATION FORMULA ADMINISTRATIVELY EFF 11/1/92

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
GasProduction5,032,881 Mcf$19,664,151
Total$19,664,151

962,521 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Every month this lease reported (308)

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

308 months

Aug 2018059.403.07$0
Jul 2018065.142.93$0
Jun 2018060.183.08$0
May 2018065.382.90$0
Apr 2018063.842.90$0
Mar 2018061.222.79$0
Feb 2018061.782.77$0
Jan 2018062.874.01$0
Dec 2017057.272.92$0
Nov 2017055.423.12$0
Oct 2017049.292.98$0
Sep 2017047.523.09$0
Aug 2017045.373.00$0
Jul 2017043.873.09$0
Jun 2017042.493.09$0
May 2017045.373.26$0
Apr 2017047.933.21$0
Mar 2017046.772.98$0
Feb 2017050.452.95$0
Jan 2017049.413.42$0
Dec 2016048.763.72$0
Nov 2016042.492.64$0
Oct 2016046.193.09$0
Sep 2016041.553.10$0
Aug 2016041.442.92$0
Jul 2016041.622.92$0
Jun 2016045.352.69$0
May 2016042.521.99$0
Apr 2016036.561.99$0
Mar 2016033.011.79$0
Feb 2016026.472.06$0
Jan 2016027.352.36$0
Dec 2015032.362.00$0
Nov 2015038.792.17$0
Oct 2015043.552.43$0
Sep 2015042.992.76$0
Aug 2015040.162.87$0
Jul 2015048.152.95$0
Jun 2015056.152.88$0
May 2015055.212.96$0
Apr 2015049.822.71$0
Mar 2015042.892.93$0
Feb 2015044.662.98$0
Jan 2015043.433.10$0
Dec 2014054.693.59$0
Nov 2014070.464.25$0
Oct 2014078.303.90$0
Sep 2014086.164.05$0
Aug 2014089.394.04$0
Jul 2014096.564.18$0
Jun 2014098.164.74$0
May 2014094.734.73$0
Apr 2014095.944.81$0
Mar 20144,11695.895.06$20,814
Feb 20144,73597.406.19$29,319
Jan 20143,95290.404.86$19,210
Dec 20134,55391.824.35$19,826
Nov 20135,16288.853.74$19,297
Oct 20136,01297.423.78$22,722
Sep 20135,668104.113.72$21,072
Aug 20138,135104.253.52$28,656
Jul 20136,399102.523.72$23,790
Jun 20134,78594.403.93$18,821
May 20133,49794.834.15$14,509
Apr 20135,79893.964.28$24,830
Mar 20135,58493.623.91$21,849
Feb 20136,11591.233.42$20,913
Jan 20136,18591.603.42$21,152
Dec 20125,50686.773.42$18,831
Nov 20127,84386.953.62$28,431
Oct 20124,43889.383.40$15,088
Sep 20126,08294.672.92$17,750
Aug 20129,40292.662.91$27,343
Jul 20126,39385.133.02$19,312
Jun 201210,93779.822.52$27,551
May 20127,84691.612.49$19,523
Apr 20127,616101.652.00$15,208
Mar 20128,108105.052.22$18,017
Feb 20129,130101.102.57$23,466
Jan 20128,42398.092.73$23,029
Dec 201110,04296.873.24$32,533
Nov 201113,45795.723.31$44,560
Oct 20119,41984.983.65$34,366
Sep 20117,49183.623.99$29,858
Aug 20119,90183.404.15$41,082
Jul 201111,60794.144.52$52,432
Jun 201110,74592.904.64$49,856
May 201114,47598.134.40$63,760
Apr 201117,667105.964.33$76,556
Mar 201112,79896.364.06$51,926
Feb 20119,71885.644.18$40,621
Jan 201111,23886.504.59$51,569
Dec 201012,04585.734.35$52,369
Nov 201013,29280.843.80$50,448
Oct 201015,30078.103.51$53,686
Sep 201015,57972.633.98$61,996
Aug 201011,74773.684.42$51,914
Jul 201018,79372.554.74$89,013
Jun 201020,72270.364.91$101,753
May 201020,42571.124.24$86,504
Apr 201020,27881.694.12$83,600
Mar 201016,97678.394.39$74,502
Feb 20104,33373.585.44$23,582
Jan 20108,21174.365.96$48,971
Dec 200911,50371.445.48$63,080
Nov 200910,99774.593.75$41,255
Oct 200922,32772.544.11$91,770
Sep 200920,38065.543.06$62,460
Aug 200925,36667.423.22$81,640
Jul 200923,09461.133.46$80,009
Jun 200926,33666.163.90$102,579
May 200915,69554.743.93$61,615
Apr 20098,23746.773.59$29,550
Mar 20099,55742.144.06$38,792
Feb 20098,74032.814.63$40,492
Jan 20099,95835.865.37$53,484
Dec 20088,29637.105.98$49,586
Nov 20086,38655.496.86$43,810
Oct 20088,87875.246.92$61,453
Sep 20087,492101.767.88$59,015
Aug 20087,991114.228.48$67,788
Jul 200812,221131.0811.39$139,190
Jun 20089,320131.3313.03$121,464
May 200813,521123.1711.57$156,496
Apr 200810,211110.3110.45$106,755
Mar 200813,911101.909.66$134,437
Feb 200810,34392.538.77$90,714
Jan 20086,68390.388.21$54,839
Dec 20079,32388.337.30$68,076
Nov 20078,24791.677.29$60,135
Oct 20079,90482.856.92$68,555
Sep 200712,91875.846.24$80,662
Aug 200716,13769.066.39$103,082
Jul 20076,50470.906.39$41,547
Jun 200710,89962.007.55$82,271
May 200712,04358.747.85$94,493
Apr 200711,95759.617.81$93,327
Mar 200714,74656.927.30$107,675
Feb 200714,04455.108.22$115,386
Jan 200716,35750.306.73$110,031
Dec 200618,38156.656.92$127,168
Nov 200614,16454.207.62$107,894
Oct 200614,75754.906.01$88,746
Sep 200616,55260.085.04$83,376
Aug 200620,88068.717.34$153,258
Jul 200620,73169.376.34$131,492
Jun 200620,40266.286.38$130,244
May 200619,80166.016.42$127,221
Apr 200614,61364.397.36$107,559
Mar 200622,80556.707.08$161,526
Feb 200621,29157.597.75$165,029
Jan 200626,82860.598.93$239,663
Dec 200528,56754.9413.42$383,238
Nov 200528,31554.6910.59$299,811
Oct 200530,31258.3413.80$418,177
Sep 200529,77661.4512.08$359,664
Aug 200535,29061.519.80$345,730
Jul 200535,12955.697.84$275,539
Jun 2005052.337.38$0
May 2005045.226.65$0
Apr 200531,42949.207.36$231,333
Mar 200533,58250.377.15$240,275
Feb 200523,04045.226.31$145,427
Jan 200532,63043.166.32$206,293
Dec 200420,04439.866.75$135,319
Nov 200411,21745.286.33$71,008
Oct 200424,60449.706.52$160,298
Sep 200419,95343.245.28$105,430
Aug 200415,09542.375.55$83,787
Jul 200424,26138.286.08$147,608
Jun 200424,16336.106.43$155,441
May 200424,76237.486.49$160,819
Apr 200424,45334.475.86$143,257
Mar 200427,89934.365.53$154,285
Feb 200425,97032.455.51$143,085
Jan 200431,03632.036.30$195,516
Dec 200328,49530.266.30$179,565
Nov 200322,36028.804.60$102,748
Oct 200324,38728.174.76$116,073
Sep 200323,60926.314.75$112,128
Aug 200324,03629.765.13$123,298
Jul 200324,41629.415.17$126,251
Jun 200319,45528.565.98$116,398
May 200332,54426.595.97$194,375
Apr 200340,85526.675.41$220,914
Mar 200337,35231.146.10$227,699
Feb 200334,16033.487.93$270,748
Jan 200341,13230.315.58$229,600
Dec 200242,62826.914.85$206,906
Nov 200244,96224.664.14$186,006
Oct 200246,81826.464.23$197,999
Sep 200240,35727.443.64$146,706
Aug 200214,88125.963.16$47,086
Jul 200219,14924.583.06$58,630
Jun 200241,71923.733.34$139,268
May 200245,17324.663.58$161,900
Apr 200246,37023.653.51$162,866
Mar 200246,73922.003.10$145,018
Feb 200244,14618.222.38$104,877
Jan 200248,45817.172.38$115,121
Dec 200150,00516.932.36$118,232
Nov 200148,47618.072.41$116,610
Oct 200150,50219.782.53$127,714
Sep 200148,03624.262.25$108,144
Aug 200156,74124.873.05$173,239
Jul 200145,64723.933.20$145,937
Jun 200141,33124.563.82$158,056
May 200136,96725.524.31$159,229
Apr 200132,35224.685.34$172,608
Mar 200151,14624.545.38$274,983
Feb 200123,01127.755.77$132,706
Jan 200142,00327.478.40$352,773
Dec 200042,78026.889.12$390,261
Nov 200043,92732.215.66$248,539
Oct 200045,41031.235.15$233,657
Sep 200021,88431.875.19$113,501
Aug 200010,26629.644.54$46,615
Jul 200013,55028.534.09$55,416
Jun 20003,11029.304.40$13,675
May 200019,70027.263.68$72,491
Apr 200010,59724.513.12$33,020
Mar 200016,34028.422.86$46,728
Feb 200014,15527.622.73$38,594
Jan 20009,68225.272.48$24,016
Dec 199920,60224.282.42$49,933
Nov 199920,54123.192.43$49,997
Oct 199911,49620.982.80$32,231
Sep 199921,21721.752.62$55,564
Aug 199925,17519.262.88$72,393
Jul 199935,60317.892.37$84,463
Jun 19998,20315.942.36$19,376
May 19992,75315.792.32$6,390
Apr 19996,99515.102.21$15,445
Mar 199910,14912.471.84$18,657
Feb 19999,6179.981.82$17,482
Jan 199915,61110.381.90$29,660
Dec 199812,7189.201.77$22,553
Nov 19984,78910.892.19$10,467
Oct 199823,16012.421.97$45,607
Sep 199830,79512.592.08$64,134
Aug 199829,07411.301.91$55,454
Jul 199832,72611.742.24$73,217
Jun 199831,68711.242.24$70,892
May 199833,97112.622.21$74,952
Apr 199825,66013.042.51$64,287
Mar 199838,94512.802.31$89,941
Feb 19983,12713.952.30$7,189
Jan 199843,83614.702.15$94,457
Dec 199710,76516.322.41$25,955
Nov 199718,14418.193.09$56,033
Oct 199713,12019.253.15$41,326
Sep 199714,41317.742.95$42,589
Aug 19976,18317.862.55$15,796
Jul 199723,63917.582.25$53,115
Jun 199718,21517.242.26$41,115
May 199722,45818.972.31$51,844
Apr 199722,01317.882.08$45,848
Mar 199721,05518.951.94$40,829
Feb 199721,61720.492.21$47,685
Jan 199716,53623.483.54$58,532
Dec 199642,69223.32$0
Nov 199612,32221.97$0
Oct 199626,81223.31$0
Sep 199620,20122.22$0
Aug 199623,46520.26$0
Jul 199610,88019.55$0
Jun 199623,10218.73$0
May 199617,14619.43$0
Apr 19969,70521.51$0
Mar 199626,78419.38$0
Feb 199620,47716.98$0
Jan 199615,99817.07$0
Dec 199519,67517.19$0
Nov 199542,88516.00$0
Oct 199527,37315.43$0
Sep 199520,81416.18$0
Aug 199522,02115.92$0
Jul 199515,74315.24$0
Jun 199510,68616.41$0
May 199514,19217.56$0
Apr 19954,42117.73$0
Mar 199538216.44$0
Feb 199577716.58$0
Jan 19953,65615.92$0
Dec 199412,19115.03$0
Nov 199415,53515.90$0
Oct 199418,60415.58$0
Sep 199417,36715.29$0
Aug 19945,25716.13$0
Jul 19942,09817.56$0
Jun 19944,22317.09$0
May 199412,04015.88$0
Apr 199419,22614.14$0
Mar 199421,33412.46$0
Feb 199424,32112.50$0
Jan 199418,07912.66$0
Dec 199325,88212.33$0
Nov 199329,71314.49$0
Oct 199317,53415.85$0
Sep 199322,68515.03$0
Aug 199325,97615.66$0
Jul 199333,92915.46$0
Jun 199325,65416.79$0
May 199332,59017.68$0
Apr 199339,41218.05$0
Mar 199340,28118.14$0
Feb 199337,77617.90$0
Jan 199328,60516.93$0

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.

Mar 2014 — as filed, then multipliedworked
Gas                4,116 Mcf  × $  5.06 =    $20,814

────────────────────────────────────────────────────
Month total                                  $20,814

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. 02/G/121577 is the state's own key, not one this site invented.