E. P. C. GAS UNIT #2

Operated by EEX OPERATING, L.P. (P-5 245649) in the PROVIDENT CITY, N.E. (14000) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 124128District 02Field 73296960NGPA filingCondensateGasSaveExport
Value, all time
$766 k
Jan 1993 – Oct 2001
Value, last 12 filed months
$290
at the published price for each month
Months reported
106
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 3 leases and 3 wells, and the rule below applies to all of them.

Discovered
1984-06-05
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: ALLOCATION FORMULA SUSPENDED 8/1/93

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition9 bbl$147
GasProduction2,019,523 Mcf$766,129
Total$766,276

1,708,288 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.

Wells on this lease (1)

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 29.3214, -96.5968. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.32142, -96.59677 · 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%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
15,125 ft
1 wells filed one
Completion to plug
9.1 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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

The one well that filed a depth was drilled to 15,125 ft.

Completions filed
Feb 1998
1 of 1 wells
Plug dates filed
Mar 2007
1 of 1 wells

Last completion to plug: a median of 9.1 years across the 1 well that filed both dates, with the middle half between 9.1 years and 9.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-28531954115,125 ftFeb 1998Mar 2007Yes

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 (106)

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

106 months

Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 200101024.545.38$54
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000626.889.12$55
Nov 200003232.215.66$181
Oct 200003131.235.15$160
Sep 200003331.875.19$171
Aug 2000016129.644.54$731
Jul 2000024428.534.09$998
Jun 2000020929.304.40$919
May 2000022227.263.68$817
Apr 2000034224.513.12$1,066
Mar 2000060628.422.86$1,733
Feb 2000089927.622.73$2,451
Jan 2000086825.272.48$2,153
Dec 1999054124.282.42$1,311
Nov 199901,08423.192.43$2,638
Oct 1999078620.982.80$2,204
Sep 1999083921.752.62$2,197
Aug 199904719.262.88$135
Jul 1999091217.892.37$2,164
Jun 1999083315.942.36$1,968
May 1999027315.792.32$634
Apr 1999089915.102.21$1,985
Mar 1999094712.471.84$1,741
Feb 199905949.981.82$1,080
Jan 1999047610.381.90$904
Dec 199807339.201.77$1,300
Nov 199801,40610.892.19$3,073
Oct 199803,19712.421.97$6,296
Sep 199803,36212.592.08$7,002
Aug 199804,58511.301.91$8,745
Jul 199805,75111.742.24$12,867
Jun 199808,56411.242.24$19,160
May 199807,46512.622.21$16,470
Apr 199808,26513.042.51$20,707
Mar 1998010,47612.802.31$24,194
Feb 1998013,89813.952.30$31,953
Jan 1998031014.702.15$668
Dec 1997031016.322.41$747
Nov 1997030718.193.09$948
Oct 199701,82819.253.15$5,758
Sep 1997030,48617.742.95$90,082
Aug 1997016,69417.862.55$42,649
Jul 1997020,12817.582.25$45,226
Jun 1997022,03317.242.26$49,733
May 1997017,25818.972.31$39,840
Apr 1997021,63617.882.08$45,063
Mar 1997029,39618.951.94$57,003
Feb 1997034,50120.492.21$76,106
Jan 1997036,75223.483.54$130,091
Dec 1996022,93723.32$0
Nov 1996019,75621.97$0
Oct 1996034,69723.31$0
Sep 1996037,62522.22$0
Aug 1996039,78620.26$0
Jul 1996037,49819.55$0
Jun 1996037,42518.73$0
May 1996039,15219.43$0
Apr 1996039,09821.51$0
Mar 1996041,24419.38$0
Feb 1996034,43216.98$0
Jan 1996039,30517.07$0
Dec 1995038,53817.19$0
Nov 1995036,10916.00$0
Oct 1995038,21215.43$0
Sep 1995041,03816.18$0
Aug 1995040,54415.92$0
Jul 1995042,68915.24$0
Jun 1995448,27316.41$66
May 1995052,74517.56$0
Apr 1995052,15917.73$0
Mar 1995055,70916.44$0
Feb 1995252,08216.58$33
Jan 1995359,95915.92$48
Dec 1994061,75015.03$0
Nov 1994050,81015.90$0
Oct 1994050,47015.58$0
Sep 1994045,02115.29$0
Aug 1994025,70016.13$0
Jul 1994022,56317.56$0
Jun 1994021,63417.09$0
May 1994025,25115.88$0
Apr 1994018,90414.14$0
Mar 1994015,25712.46$0
Feb 1994014,84712.50$0
Jan 1994017,54212.66$0
Dec 1993016,06112.33$0
Nov 1993021,61414.49$0
Oct 1993024,19115.85$0
Sep 1993026,43115.03$0
Aug 1993031,43115.66$0
Jul 1993028,73915.46$0
Jun 1993027,90016.79$0
May 1993030,07517.68$0
Apr 1993031,19118.05$0
Mar 1993036,84318.14$0
Feb 1993039,62217.90$0
Jan 1993043,42916.93$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 2001 — as filed, then multipliedworked
Condensate             0 bbl  × $ 24.54 =         $0
Gas                   10 Mcf  × $  5.38 =        $54

────────────────────────────────────────────────────
Month total                                      $54

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/124128 is the state's own key, not one this site invented.