URIBE, I.C. GU

Name: URIBE, I.C. GU lease production and value, Aug 1996 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by EOG RESOURCES, INC. (P-5 253162) in the J J & J (WILCOX 11450) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 159594District 04Field 450447002 tax incentive programmesCondensateGasSave Export

Value, all time

$512 k

Aug 1996 – Sep 2006

Value, last 12 filed months

$29 k

at the published price for each month

Months reported

122

no gaps in the span

Streams

condensate, gas

The J J & J (WILCOX 11450) field

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

1976-11-03

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: “AOF-1 AND AOF-2 EFFECTIVE 04/01/2009.”

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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	1996-12-17	135490
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	180 bbl	$4,342
Gas	Production	212,029 Mcf	$507,476
Total			$511,818

65,558 Mcf of this lease's gas, across 5 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 27.1654, -99.2025. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.16543, -99.20254 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

0.0%

0 of 1 wells

Median depth

12,390 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

1100.0%

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.

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 12,390 ft.

Completions filed

Sep 2006

1 of 1 wells

1 well


42-50533447	4	12,390 ft	Sep 2006	—	Yes

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 (122)

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

122 months


Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	397	68.71	7.34	$2,914
Jul 2006	0	319	69.37	6.34	$2,023
Jun 2006	0	270	66.28	6.38	$1,724
May 2006	0	283	66.01	6.42	$1,818
Apr 2006	0	260	64.39	7.36	$1,914
Mar 2006	0	313	56.70	7.08	$2,217
Feb 2006	0	272	57.59	7.75	$2,108
Jan 2006	0	320	60.59	8.93	$2,859
Dec 2005	0	281	54.94	13.42	$3,770
Nov 2005	0	263	54.69	10.59	$2,785
Oct 2005	0	363	58.34	13.80	$5,008
Sep 2005	0	340	61.45	12.08	$4,107
Aug 2005	0	411	61.51	9.80	$4,027
Jul 2005	0	410	55.69	7.84	$3,216
Jun 2005	0	407	52.33	7.38	$3,004
May 2005	0	371	45.22	6.65	$2,468
Apr 2005	0	370	49.20	7.36	$2,723
Mar 2005	0	272	50.37	7.15	$1,946
Feb 2005	0	313	45.22	6.31	$1,976
Jan 2005	0	404	43.16	6.32	$2,554
Dec 2004	0	369	39.86	6.75	$2,491
Nov 2004	0	444	45.28	6.33	$2,811
Oct 2004	0	504	49.70	6.52	$3,284
Sep 2004	0	582	43.24	5.28	$3,075
Aug 2004	0	487	42.37	5.55	$2,703
Jul 2004	0	589	38.28	6.08	$3,584
Jun 2004	0	541	36.10	6.43	$3,480
May 2004	0	589	37.48	6.49	$3,825
Apr 2004	0	639	34.47	5.86	$3,744
Mar 2004	0	699	34.36	5.53	$3,866
Feb 2004	0	603	32.45	5.51	$3,322
Jan 2004	0	640	32.03	6.30	$4,032
Dec 2003	0	672	30.26	6.30	$4,235
Nov 2003	0	687	28.80	4.60	$3,157
Oct 2003	0	685	28.17	4.76	$3,260
Sep 2003	0	598	26.31	4.75	$2,840
Aug 2003	0	590	29.76	5.13	$3,027
Jul 2003	0	649	29.41	5.17	$3,356
Jun 2003	0	744	28.56	5.98	$4,451
May 2003	0	1,443	26.59	5.97	$8,619
Apr 2003	0	357	26.67	5.41	$1,930
Mar 2003	0	751	31.14	6.10	$4,578
Feb 2003	0	548	33.48	7.93	$4,343
Jan 2003	0	596	30.31	5.58	$3,327
Dec 2002	0	564	26.91	4.85	$2,738
Nov 2002	0	356	24.66	4.14	$1,473
Oct 2002	0	523	26.46	4.23	$2,212
Sep 2002	0	581	27.44	3.64	$2,112
Aug 2002	0	872	25.96	3.16	$2,759
Jul 2002	0	885	24.58	3.06	$2,710
Jun 2002	0	892	23.73	3.34	$2,978
May 2002	0	561	24.66	3.58	$2,011
Apr 2002	0	661	23.65	3.51	$2,322
Mar 2002	0	811	22.00	3.10	$2,516
Feb 2002	0	759	18.22	2.38	$1,803
Jan 2002	0	836	17.17	2.38	$1,986
Dec 2001	0	787	16.93	2.36	$1,861
Nov 2001	0	951	18.07	2.41	$2,288
Oct 2001	0	900	19.78	2.53	$2,276
Sep 2001	0	885	24.26	2.25	$1,992
Aug 2001	0	648	24.87	3.05	$1,978
Jul 2001	0	648	23.93	3.20	$2,072
Jun 2001	0	883	24.56	3.82	$3,377
May 2001	0	1,005	25.52	4.31	$4,329
Apr 2001	0	971	24.68	5.34	$5,181
Mar 2001	0	1,094	24.54	5.38	$5,882
Feb 2001	0	879	27.75	5.77	$5,069
Jan 2001	0	1,089	27.47	8.40	$9,146
Dec 2000	0	1,024	26.88	9.12	$9,341
Nov 2000	0	1,306	32.21	5.66	$7,389
Oct 2000	0	2,836	31.23	5.15	$14,593
Sep 2000	0	2,185	31.87	5.19	$11,333
Aug 2000	0	1,481	29.64	4.54	$6,725
Jul 2000	1	1,359	28.53	4.09	$5,587
Jun 2000	3	1,404	29.30	4.40	$6,262
May 2000	3	1,343	27.26	3.68	$5,024
Apr 2000	3	1,233	24.51	3.12	$3,916
Mar 2000	40	1,051	28.42	2.86	$4,142
Feb 2000	13	1,562	27.62	2.73	$4,618
Jan 2000	0	1,627	25.27	2.48	$4,036
Dec 1999	30	1,338	24.28	2.42	$3,971
Nov 1999	11	1,530	23.19	2.43	$3,979
Oct 1999	23	1,741	20.98	2.80	$5,364
Sep 1999	35	2,171	21.75	2.62	$6,447
Aug 1999	18	1,433	19.26	2.88	$4,467
Jul 1999	0	1,920	17.89	2.37	$4,555
Jun 1999	0	1,730	15.94	2.36	$4,086
May 1999	0	1,864	15.79	2.32	$4,326
Apr 1999	0	1,639	15.10	2.21	$3,619
Mar 1999	0	1,501	12.47	1.84	$2,759
Feb 1999	0	1,399	9.98	1.82	$2,543
Jan 1999	0	1,653	10.38	1.90	$3,141
Dec 1998	0	1,309	9.20	1.77	$2,321
Nov 1998	0	1,249	10.89	2.19	$2,730
Oct 1998	0	1,579	12.42	1.97	$3,109
Sep 1998	0	1,703	12.59	2.08	$3,547
Aug 1998	0	1,842	11.30	1.91	$3,513
Jul 1998	0	1,865	11.74	2.24	$4,173
Jun 1998	0	1,730	11.24	2.24	$3,870
May 1998	0	1,912	12.62	2.21	$4,219
Apr 1998	0	2,180	13.04	2.51	$5,462
Mar 1998	0	1,847	12.80	2.31	$4,266
Feb 1998	0	2,078	13.95	2.30	$4,778
Jan 1998	0	2,620	14.70	2.15	$5,646
Dec 1997	0	2,834	16.32	2.41	$6,833
Nov 1997	0	2,727	18.19	3.09	$8,422
Oct 1997	0	3,320	19.25	3.15	$10,457
Sep 1997	0	2,578	17.74	2.95	$7,618
Aug 1997	0	3,295	17.86	2.55	$8,418
Jul 1997	0	3,396	17.58	2.25	$7,631
Jun 1997	0	3,946	17.24	2.26	$8,907
May 1997	0	3,485	18.97	2.31	$8,045
Apr 1997	0	4,673	17.88	2.08	$9,733
Mar 1997	0	4,405	18.95	1.94	$8,542
Feb 1997	0	5,045	20.49	2.21	$11,129
Jan 1997	0	5,837	23.48	3.54	$20,661
Dec 1996	0	6,734	23.32	—	$0
Nov 1996	0	8,253	21.97	—	$0
Oct 1996	0	10,824	23.31	—	$0
Sep 1996	0	14,723	22.22	—	$0
Aug 1996	0	25,024	20.26	—	$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.

Aug 2006 — as filed, then multipliedworked

Condensate             0 bbl  × $ 68.71 =         $0
Gas                  397 Mcf  × $  7.34 =     $2,914

────────────────────────────────────────────────────
Month total                                   $2,914

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/159594 is the state's own key, not one this site invented.