FINLEY UNIT

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

Gas lease lease 297648District 02Field 869503002 tax incentive programmesCondensateGasSaveExport
Value, all time
$17.4 M
Jul 2019 – May 2026
Value, last 12 filed months
$954 k
at the published price for each month
Months reported
83
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 527 leases and 806 wells, and the rule below applies to all of them.

Discovered
2006-09-07
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 80 acres. The field rule took effect on 2016-01-12.

The Commission's schedule remark for this field reads: INTO SUGARKANE (AUSTIN CHALK) EFF. 11/07/17.

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-1112024-09-27235105

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
CondensateDisposition227,533 bbl$13,246,045
GasProduction1,293,063 Mcf$4,202,158
Total$17,448,203

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 28.9883, -97.9183. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.98828, -97.91831 · 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
10,269 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 10,269 ft.

Completions filed
Jul 2019
1 of 1 wells

1 well

42-25536259104H10,269 ftJul 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 (83)

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

83 months

May 20263973,998106.413.05$54,422
Apr 20268517,87098.932.87$106,774
Mar 20266536,46789.753.15$78,974
Feb 20266476,51763.503.75$65,525
Jan 20268648,13359.138.00$116,135
Dec 20257247,66656.664.41$74,855
Nov 20256347,29658.593.93$65,793
Oct 20258168,60259.383.30$76,882
Sep 20257398,30662.743.08$71,922
Aug 20258729,56163.933.01$84,571
Jul 20257688,94766.743.32$80,917
Jun 20257319,26166.483.13$77,572
May 202584610,08260.553.23$83,814
Apr 202576510,32862.363.54$84,299
Mar 20252256,40767.704.27$42,580
Feb 20256697,96770.884.34$82,002
Jan 202592210,39874.324.28$113,013
Dec 202486410,60968.993.12$92,722
Nov 202493410,53069.052.20$87,642
Oct 202486611,00371.372.28$86,909
Sep 202477511,95869.612.36$82,221
Aug 20243286,52875.632.06$38,278
Jul 20245417,04679.932.15$58,367
Jun 202499311,11678.082.63$106,813
May 202493611,46778.812.20$98,976
Apr 202496510,90584.451.66$99,588
Mar 202496211,03180.301.55$94,293
Feb 202496910,98976.091.78$93,332
Jan 202497411,18573.023.30$108,006
Dec 20231,00012,39971.262.61$103,630
Nov 20231,07112,01977.892.81$117,164
Oct 20231,03412,29685.443.09$126,306
Sep 20231,00012,14189.042.74$122,246
Aug 20231,05212,00880.522.67$116,803
Jul 20231,19112,06474.852.64$121,017
Jun 20231,23711,57968.962.26$111,454
May 20231,09311,32770.622.23$102,417
Apr 20231,29212,65578.122.24$129,250
Mar 20231,37213,16072.852.39$131,444
Feb 20231,20110,67775.112.47$116,533
Jan 20231,45513,21876.533.39$156,130
Dec 20221,07112,53176.415.73$153,626
Nov 20221,36113,06185.005.65$189,430
Oct 20221,27112,34187.185.86$183,170
Sep 20221,51713,01684.888.16$235,021
Aug 20221,78114,87294.529.13$304,079
Jul 20221,76413,891101.587.54$283,954
Jun 20221,58812,258115.097.98$280,547
May 20221,53811,884109.378.43$268,429
Apr 20221,71612,022104.226.84$261,043
Mar 20221,72012,378108.885.08$250,109
Feb 20221,59811,39091.054.86$200,840
Jan 20221,89613,10281.844.54$214,621
Dec 20211,92813,04271.323.90$188,357
Nov 20211,97514,06077.435.24$226,554
Oct 20212,00214,92579.795.71$245,019
Sep 20212,02114,91769.865.35$221,007
Aug 20212,15715,81266.024.22$209,141
Jul 20212,29915,98970.783.98$226,393
Jun 20212,32615,94469.493.38$215,534
May 20212,62016,64463.483.02$216,544
Apr 20212,47415,81460.362.76$192,952
Mar 20212,41017,30561.302.72$194,750
Feb 20212,24213,90957.805.55$206,754
Jan 20213,00418,10650.412.81$202,314
Dec 20203,06518,34844.642.68$185,911
Nov 20203,20918,91138.772.71$175,597
Oct 20203,40919,78336.972.48$175,062
Sep 20203,56620,20437.091.99$172,490
Aug 20203,97222,35039.982.39$212,108
Jul 20203,84421,12438.371.83$186,048
Jun 20204,25021,89934.901.69$185,341
May 20205,04524,84916.921.81$130,456
Apr 20205,22424,89814.751.80$121,979
Mar 20205,88127,90430.341.86$230,226
Feb 20206,19728,30949.881.98$365,177
Jan 20207,69733,88557.252.09$511,634
Dec 20198,95838,70259.012.30$617,795
Nov 201910,61043,93655.302.75$707,588
Oct 201914,10852,07753.472.42$880,305
Sep 201921,68863,86355.052.66$1,363,626
Aug 201927,53353,17053.112.30$1,584,800
Jul 20196,77011,92256.272.46$410,277

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           397 bbl  × $106.41 =    $42,245
Gas                3,998 Mcf  × $  3.05 =    $12,177

────────────────────────────────────────────────────
Month total                                  $54,422

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/297648 is the state's own key, not one this site invented.