GOOD PHELAN

Operated by BURLINGTON RESOURCES O & G CO LP (P-5 109333) in the EAGLEVILLE (EAGLE FORD-2) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 288721District 02Field 27135750Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$23.4 M
Nov 2019 – May 2026
Value, last 12 filed months
$637 k
at the published price for each month
Months reported
79
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 3,304 leases and 7,959 wells, and the rule below applies to all of them.

Discovered
2009-03-20
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

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
ST-1212020-06-292 dockets

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
CondensateDisposition305,746 bbl$17,605,654
GasProduction1,725,452 Mcf$5,808,530
Total$23,414,184

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 28.5479, -98.2886. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.54790, -98.28861 · 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
12,498 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 12,498 ft.

Completions filed
Nov 2019
1 of 1 wells

1 well

42-297360312H12,498 ftNov 2019

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 (79)

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

79 months

May 202600106.413.05$0
Apr 20265303,74998.932.87$63,191
Mar 20265303,19989.753.15$57,643
Feb 20265382,71663.503.75$44,349
Jan 20265422,61959.138.00$52,995
Dec 20255464,03056.664.41$48,722
Nov 20254574,02258.593.93$42,568
Oct 20255505,38059.383.30$50,439
Sep 20256354,93562.743.08$55,025
Aug 20257205,09863.933.01$61,399
Jul 20258125,82366.743.32$73,497
Jun 20251,0056,53666.483.13$87,262
May 20259466,73260.553.23$79,040
Apr 20255777,34962.363.54$62,020
Mar 20259458,77667.704.27$101,435
Feb 20259138,27970.884.34$100,651
Jan 20253645,85374.324.28$52,096
Dec 20246327,46168.993.12$66,890
Nov 20244064,39369.052.20$37,692
Oct 20246787,65471.372.28$65,851
Sep 20249579,05569.612.36$88,026
Aug 20241,20110,40575.632.06$112,304
Jul 20246988,06879.932.15$73,110
Jun 20245567,01878.082.63$61,898
May 20249899,34178.812.20$98,479
Apr 20241,0759,61384.451.66$106,734
Mar 20241,13710,40280.301.55$107,374
Feb 20249079,47776.091.78$85,917
Jan 20241,0329,70073.023.30$107,344
Dec 20231,30911,69671.262.61$123,814
Nov 20238419,25677.892.81$91,492
Oct 202398410,81785.443.09$117,468
Sep 20231,15411,21689.042.74$133,428
Aug 20231,14511,45180.522.67$122,803
Jul 20231,08912,68974.852.64$115,033
Jun 20231,04412,59568.962.26$100,440
May 20231,42613,68970.622.23$131,195
Apr 20231,64713,84878.122.24$159,652
Mar 20231,78114,39072.852.39$164,183
Feb 20231,42313,27275.112.47$139,606
Jan 20231,52214,23776.533.39$164,710
Dec 20221,49515,27176.415.73$201,722
Nov 20221,49615,73785.005.65$216,014
Oct 20221,76417,16187.185.86$254,414
Sep 20221,63417,71884.888.16$283,338
Aug 20222,12219,38794.529.13$377,520
Jul 20221,96021,157101.587.54$358,665
Jun 20221,80421,201115.097.98$376,747
May 20222,23725,472109.378.43$459,467
Apr 20222,64426,681104.226.84$457,992
Mar 20222,55127,313108.885.08$416,405
Feb 20222,76627,62791.054.86$386,079
Jan 20223,79734,75081.844.54$468,431
Dec 20215,31940,35671.323.90$536,704
Nov 20212077.435.24$155
Oct 20214,30732,42379.795.71$528,916
Sep 20216,07437,85269.865.35$626,873
Aug 20214,73725,83166.024.22$421,759
Jul 20215,07627,16170.783.98$467,437
Jun 20215,28427,98169.493.38$461,778
May 20215,61330,08363.483.02$447,094
Apr 20216,23532,35760.362.76$465,599
Mar 20216,73933,38461.302.72$503,803
Feb 20216,66233,79957.805.55$572,579
Jan 20217,43639,50550.412.81$485,868
Dec 20208,78043,43744.642.68$508,153
Nov 20208,57444,53838.772.71$452,959
Oct 202010,12149,83536.972.48$497,686
Sep 202011,16552,80237.091.99$519,241
Aug 202013,79363,88839.982.39$703,823
Jul 202013,15055,28338.371.83$605,464
Jun 20206,33126,33834.901.69$265,471
May 20200016.921.81$0
Apr 20201,1375,42814.751.80$26,565
Mar 202016,34274,45430.341.86$634,020
Feb 202018,61676,97349.881.98$1,081,024
Jan 202022,38291,96457.252.09$1,474,010
Dec 201927,662104,49459.012.30$1,873,126
Nov 201921,69668,97255.302.75$1,389,510

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.

Apr 2026 — as filed, then multipliedworked
Condensate           530 bbl  × $ 98.93 =    $52,433
Gas                3,749 Mcf  × $  2.87 =    $10,759

────────────────────────────────────────────────────
Month total                                  $63,191

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/288721 is the state's own key, not one this site invented.