TAYLOR

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

Oil lease lease 24506District 03Field 86960475OilCasinghead gasSaveExport
Value, all time
$1.8 M
Feb 2004 – Jan 2010
Value, last 12 filed months
$44 k
at the published price for each month
Months reported
72
no gaps in the span
Streams
2
oil, casinghead 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 20 wells, and the rule below applies to all of them.

Discovered
1966-04-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 30 acres. The field rule took effect on 1972-11-15.

The Commission's schedule remark for this field reads: BY OLDFIELD AQUISITION1, L.P.

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
OilDisposition21,219 bbl$1,327,408
Casinghead gasProduction67,381 Mcf$495,929
Total$1,823,337

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 29.0514, -95.8350. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.05140, -95.83505 · 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
3,500 ft
1 wells filed one
Completion to plug
1 well filed both, dated out of order

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 3,500 ft.

Completions filed
Aug 2022
1 of 1 wells
Plug dates filed
Nov 2009
1 of 1 wells

Last completion to plug: no median is published. 1 well on this lease filed both dates, and on that one the last completion is dated after the plug date, so there is no interval to take a median of. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3213193033,500 ftAug 2022Nov 2009Yes

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 (72)

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

72 months

Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 2009422065.543.06$27,658
Aug 2009167067.423.22$11,259
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090146.773.59$4
Mar 2009056642.144.06$2,297
Feb 2009060032.814.63$2,780
Jan 200901,54735.865.37$8,309
Dec 200801,10737.105.98$6,617
Nov 2008072055.496.86$4,939
Oct 20083081,31975.246.92$32,304
Sep 20081631,562101.767.88$28,891
Aug 2008324775114.228.48$43,582
Jul 2008351617131.0811.39$53,036
Jun 20084881,029131.3313.03$77,500
May 2008158711123.1711.57$27,690
Apr 2008320638110.3110.45$41,969
Mar 2008322744101.909.66$40,002
Feb 200832569692.538.77$36,177
Jan 200831965190.388.21$34,173
Dec 200749774488.337.30$49,333
Nov 2007088891.677.29$6,475
Oct 200781087382.856.92$73,151
Sep 200732564375.846.24$28,663
Aug 20073233,26269.066.39$43,144
Jul 20078063,46470.906.39$79,273
Jun 20076522,69162.007.55$60,737
May 20073331,81858.747.85$33,825
Apr 20074821,02059.617.81$36,693
Mar 200717375456.927.30$15,353
Feb 200731796255.108.22$25,370
Jan 20073181,68550.306.73$27,330
Dec 200616863256.656.92$13,890
Nov 2006075954.207.62$5,782
Oct 20069461,65354.906.01$61,876
Sep 20063192,19260.085.04$30,207
Aug 20066451,00968.717.34$51,724
Jul 200616684569.376.34$16,875
Jun 200633092566.286.38$27,777
May 200617882366.016.42$17,038
Apr 200632294764.397.36$27,704
Mar 200616195456.707.08$15,886
Feb 2006084057.597.75$6,511
Jan 200616385260.598.93$17,487
Dec 20051651,07054.9413.42$23,420
Nov 200516189554.6910.59$18,282
Oct 200534095258.3413.80$32,969
Sep 200531783561.4512.08$29,566
Aug 20053281,05461.519.80$30,501
Jul 2005084055.697.84$6,589
Jun 20054851,07152.337.38$33,285
May 20053341,06545.226.65$22,187
Apr 20053371,06849.207.36$24,441
Mar 200535484950.377.15$23,905
Feb 200515883645.226.31$12,422
Jan 20053361,09543.166.32$21,425
Dec 20045101,55039.866.75$30,793
Nov 20043401,07345.286.33$22,188
Oct 20044891,08649.706.52$31,379
Sep 20043261,02843.245.28$19,528
Aug 20043361,11642.375.55$20,431
Jul 20046631,11638.286.08$32,170
Jun 20046691,03236.106.43$30,790
May 20046601,20937.486.49$32,589
Apr 20041,1481,01734.475.86$45,530
Mar 200432565134.365.53$14,767
Feb 200433735532.455.51$12,892

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.

Sep 2009 — as filed, then multipliedworked
Oil                  422 bbl  × $ 65.54 =    $27,658
Casinghead gas         0 Mcf  × $  3.06 =         $0

────────────────────────────────────────────────────
Month total                                  $27,658

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/O/24506 is the state's own key, not one this site invented.