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RUNGE 2

Operated by REPSOL OIL & GAS USA, LLC (P-5 703462) in the DE WITT (EAGLE FORD SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 281480District 02Field 24492500Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.3 M
Nov 2015 – May 2026
Value, last 12 filed months
$817 k
at the published price for each month
Months reported
127
no gaps in the span
Streams
2
condensate, gas

The DE WITT (EAGLE FORD SHALE) field

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 752 leases and 817 wells, and the rule below applies to all of them.

Discovered
2009-04-22
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2018-01-23.

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: “DOCKET #02-0305519, NUNC PRO TUNC EFF 1/23/2018.”

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
High Cost Gas112017-10-17220749
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
CondensateDisposition106,209 bbl$5,308,339
GasProduction1,669,168 Mcf$5,029,062
Total$10,337,401

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 28.8792, -97.7104. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.87916, -97.71042 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
13,620 ft
1 wells filed one
Completion to plug
—
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

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 13,620 ft.

Completions filed
Nov 2015
1 of 1 wells

1 well

42-25534621A 4H13,620 ftNov 2015——

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 (127)

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

127 months

May 20264706,222106.413.05$68,964
Apr 20264645,42198.932.87$61,460
Mar 20265866,20489.753.15$72,133
Feb 20266686,74463.503.75$67,710
Jan 20262,8159,06559.138.00$238,952
Dec 20253661,35456.664.41$26,713
Nov 20254825,95058.593.93$51,603
Oct 20254785,85459.383.30$47,730
Sep 20255295,93762.743.08$51,457
Aug 20253745,01163.933.01$39,017
Jul 20254105,42166.743.32$45,335
Jun 20254095,85666.483.13$45,512
May 20254315,24960.553.23$43,064
Apr 20255395,12062.363.54$51,753
Mar 20255925,80467.704.27$64,852
Feb 20255285,21370.884.34$60,053
Jan 20255365,82674.324.28$64,763
Dec 20244895,93568.993.12$52,261
Nov 20244135,65669.052.20$40,952
Oct 20247326,43671.372.28$66,926
Sep 20241,4405,88769.612.36$114,157
Aug 20245856,44075.632.06$57,533
Jul 20244686,40579.932.15$51,156
Jun 20244425,68878.082.63$49,493
May 20243803,94178.812.20$38,612
Apr 20242944,29684.451.66$31,956
Mar 20244256,41380.301.55$44,036
Feb 20243285,66976.091.78$35,069
Jan 20244126,13073.023.30$50,299
Dec 20235788,61671.262.61$63,682
Nov 20233466,92277.892.81$46,384
Oct 20233977,19385.443.09$56,126
Sep 20234016,61289.042.74$53,789
Aug 202379313,58280.522.67$100,155
Jul 20230074.852.64$0
Jun 202317068.962.26$1,172
May 20231871,67570.622.23$16,937
Apr 20233526,04978.122.24$41,034
Mar 20236036,85572.852.39$60,334
Feb 20235063575.112.47$5,321
Jan 20231612,79176.533.39$21,776
Dec 20223486,25376.415.73$62,415
Nov 20222496,80485.005.65$59,582
Oct 20223206,64087.185.86$66,833
Sep 20222726,24384.888.16$74,053
Aug 20222886,37494.529.13$85,398
Jul 20222415,368101.587.54$64,967
Jun 20223216,535115.097.98$89,075
May 20223296,891109.378.43$94,095
Apr 2022186,705104.226.84$47,722
Mar 2022396,466108.885.08$37,070
Feb 2022266,69591.054.86$34,897
Jan 2022336,75481.844.54$33,348
Dec 2021456,81871.323.90$29,794
Nov 2021506,72877.435.24$39,105
Oct 2021336,96679.795.71$42,436
Sep 2021476,87669.865.35$40,076
Aug 2021556,66166.024.22$31,744
Jul 2021775,08070.783.98$25,679
Jun 2021974,46369.493.38$21,828
May 2021735,28263.483.02$20,573
Apr 2021415,14960.362.76$16,678
Mar 2021605,82461.302.72$19,501
Feb 2021784,33257.805.55$28,542
Jan 2021985,34450.412.81$19,958
Dec 2020875,18744.642.68$17,761
Nov 2020955,04538.772.71$17,338
Oct 20201515,60436.972.48$19,472
Sep 20201205,70637.091.99$15,812
Aug 20201175,89039.982.39$18,726
Jul 20201255,82538.371.83$15,428
Jun 20201305,59734.901.69$13,998
May 20201855,86216.921.81$13,768
Apr 20205115,39114.751.80$17,265
Mar 20201,1265,37230.341.86$44,135
Feb 20201,0724,92749.881.98$63,230
Jan 20203274,36657.252.09$27,866
Dec 20193202,75359.012.30$25,227
Nov 20196225055.302.75$4,116
Oct 20194099,39753.472.42$44,596
Sep 201947314,07255.052.66$63,432
Aug 201954015,06653.112.30$63,397
Jul 201947911,53256.272.46$55,323
Jun 201981414,71752.782.49$79,626
May 20194718,58558.482.74$51,070
Apr 201971812,38462.632.75$79,033
Mar 201971214,28756.803.06$84,190
Feb 201961814,95850.852.79$73,191
Jan 201976417,94846.033.23$93,106
Dec 201882116,33846.594.19$106,632
Nov 20188799,94752.934.24$88,673
Oct 201889313,00561.443.40$99,058
Sep 201897720,16559.543.11$120,843
Aug 201880718,66859.403.07$105,182
Jul 20181,85924,49565.142.93$192,912
Jun 20181,42024,79260.183.08$161,739
May 201853111,25965.382.90$67,377
Apr 201840716,05163.842.90$72,544
Mar 20181119,36661.222.79$54,643
Feb 20185216,99261.782.77$50,214
Jan 201832410,54962.874.01$62,664
Dec 201792916,95757.272.92$102,744
Nov 201796716,14255.423.12$103,928
Oct 201799818,30749.292.98$103,814
Sep 201791615,30247.523.09$90,770
Aug 201784711,34145.373.00$72,501
Jul 20171,41923,98243.873.09$136,291
Jun 20171,21023,00042.493.09$122,420
May 20171,38926,08745.373.26$148,151
Apr 20171,53525,40847.933.21$155,173
Mar 20171,84233,32646.772.98$185,584
Feb 20172,01635,76450.452.95$207,304
Jan 20172,35734,78449.413.42$235,379
Dec 20161,89636,53648.763.72$228,466
Nov 20162,17233,45042.492.64$180,742
Oct 20162,13734,69046.193.09$205,909
Sep 20162,44130,00641.553.10$194,461
Aug 20163,03137,20041.442.92$234,390
Jul 20163,67443,12541.622.92$279,024
Jun 20164,13752,95645.352.69$329,844
May 20163,48553,15742.521.99$254,020
Apr 20162,85552,13536.561.99$208,182
Mar 20164,88374,47433.011.79$294,795
Feb 20165,67365,65626.472.06$285,654
Jan 20167,06176,70827.352.36$374,484
Dec 20152,72422,99932.362.00$134,179
Nov 20150038.792.17$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.

May 2026 — as filed, then multipliedworked
Condensate           470 bbl  × $106.41 =    $50,013
Gas                6,222 Mcf  × $  3.05 =    $18,951

────────────────────────────────────────────────────
Month total                                  $68,964

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/281480 is the state's own key, not one this site invented.