I. P. FARMS UNIT G

Operated by XOG RESOURCES, LLC (P-5 945929) in the CHOCOLATE BAYOU ( WIETING LO.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 271040District 03Field 17915572CondensateGasSaveExport
Value, all time
$2.2 M
Jan 2013 – Sep 2020
Value, last 12 filed months
$0
at the published price for each month
Months reported
93
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 12 leases and 12 wells, and the rule below applies to all of them.

Discovered
1960-11-17
as the register files it
Field class
Gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 320 acres. The field rule took effect on 1979-01-15.

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 02/01/2015.

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
CondensateDisposition18,074 bbl$1,402,733
GasProduction232,754 Mcf$833,912
Total$2,236,645

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 29.3010, -95.1937. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.30100, -95.19366 · 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
12,551 ft
1 wells filed one
Completion to plug
6 months
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 12,551 ft.

Completions filed
Mar 2020
1 of 1 wells
Plug dates filed
Sep 2020
1 of 1 wells

Last completion to plug: a median of 6 months across the 1 well that filed both dates, with the middle half between 6 months and 6 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-03932663212,551 ftMar 2020Sep 2020Yes

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 (93)

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

93 months

Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 201961056.272.46$3,432
Jun 201922178452.782.49$13,617
May 20190058.482.74$0
Apr 201901,43862.632.75$3,956
Mar 20190056.803.06$0
Feb 2019039050.852.79$1,089
Jan 2019018446.033.23$594
Dec 2018058746.594.19$2,457
Nov 2018171952.934.24$980
Oct 2018031161.443.40$1,057
Sep 201816013859.543.11$9,955
Aug 20180059.403.07$0
Jul 201801,08565.142.93$3,181
Jun 2018098660.183.08$3,034
May 20181601,12565.382.90$13,724
Apr 2018063863.842.90$1,851
Mar 20181581,12161.222.79$12,797
Feb 20181537661.782.77$1,967
Jan 2018029762.874.01$1,191
Dec 201715157557.272.92$10,328
Nov 20171558755.423.12$2,662
Oct 2017051849.292.98$1,546
Sep 20171621,91847.523.09$13,620
Aug 201716295045.373.00$10,204
Jul 2017131,81943.873.09$6,186
Jun 20171531,39242.493.09$10,798
May 20171761,54745.373.26$13,034
Apr 20171681,40147.933.21$12,552
Mar 201732,57046.772.98$7,808
Feb 20171733,01250.452.95$17,621
Jan 20171722,80649.413.42$18,092
Dec 201602,39848.763.72$8,927
Nov 20161852,69242.492.64$14,979
Oct 2016101,64646.193.09$5,548
Sep 20161721,60641.553.10$12,126
Aug 201681,47641.442.92$4,648
Jul 20161882,03641.622.92$13,779
Jun 2016551,49445.352.69$6,507
May 2016172742.521.99$1,490
Apr 2016365036.561.99$1,404
Mar 20161693,03333.011.79$11,020
Feb 20161634,38626.472.06$13,366
Jan 20161914,36927.352.36$15,554
Dec 20151605,19132.362.00$15,567
Nov 20151784,82338.792.17$17,358
Oct 20151913,18843.552.43$16,054
Sep 20150042.992.76$0
Aug 20151932,28940.162.87$14,326
Jul 20151924,46748.152.95$22,400
Jun 20153363,92656.152.88$30,185
May 20151644,63855.212.96$22,762
Apr 20153284,61849.822.71$28,840
Mar 20151684,71442.892.93$21,040
Feb 20155373,28744.662.98$33,765
Jan 20153384,30443.433.10$28,024
Dec 20141583,76754.693.59$22,170
Nov 20145167,90170.464.25$69,951
Oct 2014081978.303.90$3,195
Sep 20143244,36786.164.05$45,582
Aug 20145086,79289.394.04$72,817
Jul 20143296,96096.564.18$60,858
Jun 20143226,80698.164.74$63,847
May 20144946,89294.734.73$79,372
Apr 20143256,85195.944.81$64,128
Mar 20144946,55095.895.06$80,492
Feb 20144575,48297.406.19$78,456
Jan 20143405,47290.404.86$57,334
Dec 20136465,73991.824.35$84,306
Nov 20134879,18188.853.74$77,591
Oct 201333510,90997.423.78$73,865
Sep 20138176,102104.113.72$107,744
Aug 20138263,865104.253.52$99,725
Jul 20133262,609102.523.72$43,121
Jun 20137612,32594.403.93$80,984
May 20135702,05594.834.15$62,579
Apr 20135814,28393.964.28$72,933
Mar 20136101,09393.623.91$61,385
Feb 20138862,27591.233.42$88,610
Jan 201389213,12791.603.42$126,600

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.

Jul 2019 — as filed, then multipliedworked
Condensate            61 bbl  × $ 56.27 =     $3,432
Gas                    0 Mcf  × $  2.46 =         $0

────────────────────────────────────────────────────
Month total                                   $3,432

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/271040 is the state's own key, not one this site invented.