MARSHALL, S.G.

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

Gas lease lease 144509District 04Field 521765002 tax incentive programmesCondensateGasSaveExport
Value, all time
$526 k
Feb 1993 – Feb 2006
Value, last 12 filed months
$0
at the published price for each month
Months reported
157
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 5 leases and 5 wells, and the rule below applies to all of them.

Discovered
1984-02-02
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 EFFECTIVE 01/01/88.

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
High Cost Gas111993-05-25126827
NGPA1none

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
CondensateDisposition1,107 bbl$19,557
GasProduction532,532 Mcf$506,772
Total$526,329

382,947 Mcf of this lease's gas, across 47 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 27.2140, -99.2014. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.21395, -99.20139 · 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
12,850 ft
1 wells filed one
Completion to plug
13.0 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 12,850 ft.

Completions filed
Feb 1993
1 of 1 wells
Plug dates filed
Feb 2006
1 of 1 wells

Last completion to plug: a median of 13.0 years across the 1 well that filed both dates, with the middle half between 13.0 years and 13.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-505328992012,850 ftFeb 1993Feb 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 (157)

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

157 months

Feb 20060057.597.75$0
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 20050050.377.15$0
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 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 2004024732.455.51$1,361
Jan 200401,66832.036.30$10,508
Dec 200301,02530.266.30$6,459
Nov 200301,11428.804.60$5,119
Oct 200301,35728.174.76$6,459
Sep 200301,35726.314.75$6,445
Aug 200301,34929.765.13$6,920
Jul 200301,39929.415.17$7,234
Jun 200301,42928.565.98$8,550
May 200301,71526.595.97$10,243
Apr 200301,55826.675.41$8,425
Mar 200301,94931.146.10$11,881
Feb 200301,26933.487.93$10,058
Jan 200301,52630.315.58$8,518
Dec 200201,63826.914.85$7,950
Nov 200201,30624.664.14$5,403
Oct 200201,60626.464.23$6,792
Sep 200201,34627.443.64$4,893
Aug 200201,12925.963.16$3,572
Jul 200201,37324.583.06$4,204
Jun 200201,25223.733.34$4,179
May 200201,39024.663.58$4,982
Apr 200201,51323.653.51$5,314
Mar 200201,60422.003.10$4,977
Feb 200221,70918.222.38$4,096
Jan 200232,07917.172.38$4,991
Dec 200121,89116.932.36$4,505
Nov 200131,45918.072.41$3,564
Oct 200121,47919.782.53$3,780
Sep 200131,55924.262.25$3,583
Aug 200121,53224.873.05$4,727
Jul 200101,96723.933.20$6,289
Jun 200101,77924.563.82$6,803
May 200101,55025.524.31$6,676
Apr 200101,79024.685.34$9,550
Mar 200101,64624.545.38$8,850
Feb 200131,42027.755.77$8,273
Jan 2001161,96827.478.40$16,968
Dec 2000172,07226.889.12$19,359
Nov 2000131,87532.215.66$11,027
Oct 200072,20731.235.15$11,575
Sep 200071,95731.875.19$10,373
Aug 2000131,86829.644.54$8,867
Jul 200082,19428.534.09$9,201
Jun 200001,94429.304.40$8,548
May 200002,03527.263.68$7,488
Apr 200001,80824.513.12$5,634
Mar 200001,86428.422.86$5,331
Feb 200002,04527.622.73$5,576
Jan 200002,53025.272.48$6,276
Dec 199902,40624.282.42$5,831
Nov 199902,56223.192.43$6,236
Oct 199902,90320.982.80$8,139
Sep 199902,98321.752.62$7,812
Aug 199903,21019.262.88$9,231
Jul 199902,53417.892.37$6,012
Jun 199902,79915.942.36$6,612
May 199902,62515.792.32$6,093
Apr 199903,09315.102.21$6,830
Mar 199903,45912.471.84$6,359
Feb 199903,1319.981.82$5,692
Jan 199903,78910.381.90$7,199
Dec 199804,0539.201.77$7,187
Nov 199804,36810.892.19$9,547
Oct 199806,27312.421.97$12,353
Sep 199809,34712.592.08$19,466
Aug 199808,66411.301.91$16,525
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 19970718.951.94$14
Feb 199703320.492.21$73
Jan 19970023.483.54$0
Dec 199601,67123.32$0
Nov 199603,95921.97$0
Oct 199604,22023.31$0
Sep 199603,78322.22$0
Aug 199603,73220.26$0
Jul 199604,22919.55$0
Jun 199604,22418.73$0
May 199603,90019.43$0
Apr 199603,94721.51$0
Mar 199603,80819.38$0
Feb 199603,65416.98$0
Jan 199643,70517.07$68
Dec 1995153,80217.19$258
Nov 1995123,28216.00$192
Oct 1995133,74515.43$201
Sep 1995133,48216.18$210
Aug 1995124,06115.92$191
Jul 1995103,62015.24$152
Jun 1995404,22216.41$656
May 19952036,00817.56$3,565
Apr 19951163,94117.73$2,057
Mar 19952296,97116.44$3,765
Feb 1995985,23816.58$1,625
Jan 19951806,52815.92$2,866
Dec 199456,66015.03$75
Nov 199457,02315.90$80
Oct 199438,02815.58$47
Sep 199437,62615.29$46
Aug 199447,29216.13$65
Jul 199498,18117.56$158
Jun 199498,43117.09$154
May 1994118,82215.88$175
Apr 1994710,88014.14$99
Mar 1994514,02812.46$62
Feb 1994013,56112.50$0
Jan 199404,81312.66$0
Dec 1993059212.33$0
Nov 199301,47014.49$0
Oct 199306,16515.85$0
Sep 1993014,58215.03$0
Aug 1993016,36915.66$0
Jul 1993017,50815.46$0
Jun 1993014,89116.79$0
May 1993020,25817.68$0
Apr 1993024,59618.05$0
Mar 1993040,08618.14$0
Feb 1993021,35317.90$0

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 2004 — as filed, then multipliedworked
Condensate             0 bbl  × $ 32.45 =         $0
Gas                  247 Mcf  × $  5.51 =     $1,361

────────────────────────────────────────────────────
Month total                                   $1,361

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. 04/G/144509 is the state's own key, not one this site invented.