LAIRD

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

Gas lease lease 177573District 03Field 94547332CondensateGasSaveExport
Value, all time
$6.2 M
May 2000 – Feb 2006
Value, last 12 filed months
$22 k
at the published price for each month
Months reported
70
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 6 leases and 6 wells, and the rule below applies to all of them.

Discovered
1961-01-19
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 PER OPERATOR REQUEST, 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
CondensateDisposition22,620 bbl$610,810
GasProduction1,174,315 Mcf$5,633,122
Total$6,243,932

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 28.8251, -95.9111. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.82509, -95.91105 · 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
12,800 ft
1 wells filed one
Completion to plug
5.8 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 12,800 ft.

Completions filed
May 2000
1 of 1 wells
Plug dates filed
Feb 2006
1 of 1 wells

Last completion to plug: a median of 5.8 years across the 1 well that filed both dates, with the middle half between 5.8 years and 5.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-32131814112,800 ftMay 2000Feb 2006Yes

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 (70)

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

70 months

Feb 200665057.597.75$3,743
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 2005361050.377.15$18,184
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 200436496542.375.55$20,779
Jul 200405,34738.286.08$32,532
Jun 200405,24136.106.43$33,715
May 200405,67437.486.49$36,850
Apr 200405,97434.475.86$34,998
Mar 20043385,71834.365.53$43,235
Feb 200405,55032.455.51$30,578
Jan 20043596,77532.036.30$54,179
Dec 200306,54930.266.30$41,269
Nov 200306,85328.804.60$31,491
Oct 200307,73528.174.76$36,816
Sep 200307,96226.314.75$37,814
Aug 200308,69929.765.13$44,623
Jul 200309,55529.415.17$49,407
Jun 200309,53828.565.98$57,065
May 200334211,03126.595.97$74,978
Apr 2003011,61826.675.41$62,822
Mar 200334811,33531.146.10$79,935
Feb 200335211,65933.487.93$104,193
Jan 2003012,62130.315.58$70,451
Dec 200232812,55426.914.85$69,761
Nov 200236114,03624.664.14$66,969
Oct 200234417,96826.464.23$85,091
Sep 200235313,42427.443.64$58,485
Aug 2002013,67925.963.16$43,283
Jul 200235415,33824.583.06$55,663
Jun 2002010,37323.733.34$34,628
May 200233322,82824.663.58$90,027
Apr 200271314,45023.653.51$67,615
Mar 20021,67725,90822.003.10$117,279
Feb 200287115,54518.222.38$52,800
Jan 20021,45815,03517.172.38$60,752
Dec 200115719,35616.932.36$48,423
Nov 200139422,93018.072.41$62,278
Oct 200115320,38919.782.53$54,588
Sep 200124819,07524.262.25$48,960
Aug 200133226,09024.873.05$87,914
Jul 200176729,13823.933.20$111,511
Jun 200161928,94624.563.82$125,897
May 200135235,65825.524.31$162,573
Apr 200138138,28124.685.34$213,644
Mar 200134242,77824.545.38$238,386
Feb 200179336,69827.755.77$233,646
Jan 200182441,95727.478.40$375,022
Dec 200039149,77926.889.12$464,619
Nov 200078854,48932.215.66$333,680
Oct 20001,16164,30231.235.15$367,124
Sep 20001,28576,11131.875.19$435,703
Aug 20001,22764,12129.644.54$327,526
Jul 20001,48473,70428.534.09$343,769
Jun 20001,48876,16229.304.40$378,502
May 20001136,81427.263.68$28,154

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.

Feb 2006 — as filed, then multipliedworked
Condensate            65 bbl  × $ 57.59 =     $3,743
Gas                    0 Mcf  × $  7.75 =         $0

────────────────────────────────────────────────────
Month total                                   $3,743

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. 03/G/177573 is the state's own key, not one this site invented.