APPLEGATE 2367

Name: APPLEGATE 2367 lease production and value, Oct 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 VAQUILLAS RANCH (LOBO CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 161116District 04Field 932154002 tax incentive programmesCondensateGasSave Export

Value, all time

$5.4 M

Oct 1996 – Feb 2010

Value, last 12 filed months

$2 k

at the published price for each month

Months reported

161

no gaps in the span

Streams

condensate, gas

The VAQUILLAS RANCH (LOBO CONS.) 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 909 leases and 909 wells, and the rule below applies to all of them.

Discovered

1998-02-24

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,200 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2010-11-02.

The Commission's schedule remark for this field reads: “NO P-15 OR PLAT REQUIRED.”

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	1997-05-06	135879
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	21,064 bbl	$466,632
Gas	Production	1,672,620 Mcf	$4,886,810
Total			$5,353,442

248,297 Mcf of this lease's gas, across 3 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 27.5999, -99.0409. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.59987, -99.04091 · 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

100.0%

1 of 1 wells

Median depth

10,749 ft

1 wells filed one

Completion to plug

13.3 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 10,749 ft.

Completions filed

Oct 1996

1 of 1 wells

Plug dates filed

Feb 2010

1 of 1 wells

Last completion to plug: a median of 13.3 years across the 1 well that filed both dates, with the middle half between 13.3 years and 13.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-47936511	2	10,749 ft	Oct 1996	Feb 2010	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 (161)

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

161 months


Feb 2010	0	0	73.58	5.44	$0
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	0	0	71.44	5.48	$0
Nov 2009	0	0	74.59	3.75	$0
Oct 2009	0	0	72.54	4.11	$0
Sep 2009	7	0	65.54	3.06	$459
Aug 2009	0	10	67.42	3.22	$32
Jul 2009	0	74	61.13	3.46	$256
Jun 2009	0	138	66.16	3.90	$538
May 2009	0	50	54.74	3.93	$196
Apr 2009	0	22	46.77	3.59	$79
Mar 2009	0	39	42.14	4.06	$158
Feb 2009	0	64	32.81	4.63	$297
Jan 2009	0	27	35.86	5.37	$145
Dec 2008	15	16	37.10	5.98	$652
Nov 2008	0	42	55.49	6.86	$288
Oct 2008	0	83	75.24	6.92	$575
Sep 2008	0	73	101.76	7.88	$575
Aug 2008	0	94	114.22	8.48	$797
Jul 2008	0	94	131.08	11.39	$1,071
Jun 2008	0	76	131.33	13.03	$990
May 2008	0	122	123.17	11.57	$1,412
Apr 2008	0	115	110.31	10.45	$1,202
Mar 2008	0	119	101.90	9.66	$1,150
Feb 2008	0	92	92.53	8.77	$807
Jan 2008	0	19	90.38	8.21	$156
Dec 2007	0	678	88.33	7.30	$4,951
Nov 2007	13	52	91.67	7.29	$1,571
Oct 2007	0	112	82.85	6.92	$775
Sep 2007	0	142	75.84	6.24	$887
Aug 2007	20	316	69.06	6.39	$3,400
Jul 2007	0	1,922	70.90	6.39	$12,278
Jun 2007	0	196	62.00	7.55	$1,480
May 2007	39	1	58.74	7.85	$2,299
Apr 2007	0	824	59.61	7.81	$6,431
Mar 2007	0	720	56.92	7.30	$5,257
Feb 2007	0	1,105	55.10	8.22	$9,079
Jan 2007	58	868	50.30	6.73	$8,756
Dec 2006	0	1,443	56.65	6.92	$9,983
Nov 2006	0	2,278	54.20	7.62	$17,353
Oct 2006	0	2,339	54.90	6.01	$14,066
Sep 2006	73	1,871	60.08	5.04	$13,810
Aug 2006	0	1,767	68.71	7.34	$12,970
Jul 2006	0	2,328	69.37	6.34	$14,766
Jun 2006	112	2,859	66.28	6.38	$25,675
May 2006	0	2,698	66.01	6.42	$17,335
Apr 2006	0	3,349	64.39	7.36	$24,650
Mar 2006	0	3,066	56.70	7.08	$21,716
Feb 2006	0	3,252	57.59	7.75	$25,207
Jan 2006	0	3,364	60.59	8.93	$30,052
Dec 2005	153	3,696	54.94	13.42	$57,989
Nov 2005	0	3,432	54.69	10.59	$36,339
Oct 2005	0	4,243	58.34	13.80	$58,535
Sep 2005	156	4,551	61.45	12.08	$64,558
Aug 2005	0	4,962	61.51	9.80	$48,612
Jul 2005	144	5,702	55.69	7.84	$52,744
Jun 2005	0	5,042	52.33	7.38	$37,215
May 2005	133	4,959	45.22	6.65	$38,997
Apr 2005	0	4,503	49.20	7.36	$33,144
Mar 2005	126	4,792	50.37	7.15	$40,633
Feb 2005	0	3,627	45.22	6.31	$22,893
Jan 2005	125	5,123	43.16	6.32	$37,784
Dec 2004	0	4,797	39.86	6.75	$32,385
Nov 2004	0	4,950	45.28	6.33	$31,336
Oct 2004	14	4,616	49.70	6.52	$30,770
Sep 2004	0	4,806	43.24	5.28	$25,394
Aug 2004	8	4,971	42.37	5.55	$27,931
Jul 2004	0	5,044	38.28	6.08	$30,689
Jun 2004	8	4,561	36.10	6.43	$29,630
May 2004	0	4,934	37.48	6.49	$32,044
Apr 2004	78	5,469	34.47	5.86	$34,729
Mar 2004	52	7,715	34.36	5.53	$44,452
Feb 2004	11	7,337	32.45	5.51	$40,781
Jan 2004	0	6,489	32.03	6.30	$40,878
Dec 2003	17	6,909	30.26	6.30	$44,052
Nov 2003	111	6,783	28.80	4.60	$34,366
Oct 2003	96	7,616	28.17	4.76	$38,954
Sep 2003	0	7,874	26.31	4.75	$37,396
Aug 2003	93	8,176	29.76	5.13	$44,708
Jul 2003	88	7,526	29.41	5.17	$41,504
Jun 2003	0	7,075	28.56	5.98	$42,329
May 2003	314	7,841	26.59	5.97	$55,181
Apr 2003	0	5,726	26.67	5.41	$30,962
Mar 2003	0	7,443	31.14	6.10	$45,373
Feb 2003	0	7,198	33.48	7.93	$57,050
Jan 2003	0	6,846	30.31	5.58	$38,215
Dec 2002	0	7,255	26.91	4.85	$35,214
Nov 2002	172	6,669	24.66	4.14	$31,831
Oct 2002	0	7,023	26.46	4.23	$29,701
Sep 2002	0	5,647	27.44	3.64	$20,528
Aug 2002	110	6,419	25.96	3.16	$23,166
Jul 2002	104	9,206	24.58	3.06	$30,743
Jun 2002	0	9,054	23.73	3.34	$30,224
May 2002	99	8,719	24.66	3.58	$33,690
Apr 2002	90	7,147	23.65	3.51	$27,231
Mar 2002	89	7,984	22.00	3.10	$26,730
Feb 2002	0	6,333	18.22	2.38	$15,045
Jan 2002	84	7,754	17.17	2.38	$19,863
Dec 2001	113	6,952	16.93	2.36	$18,350
Nov 2001	0	7,001	18.07	2.41	$16,841
Oct 2001	127	5,949	19.78	2.53	$17,556
Sep 2001	0	6,927	24.26	2.25	$15,595
Aug 2001	135	5,534	24.87	3.05	$20,254
Jul 2001	135	8,802	23.93	3.20	$31,371
Jun 2001	0	8,754	24.56	3.82	$33,477
May 2001	133	11,106	25.52	4.31	$51,231
Apr 2001	130	9,255	24.68	5.34	$52,587
Mar 2001	107	6,811	24.54	5.38	$39,245
Feb 2001	111	7,837	27.75	5.77	$48,277
Jan 2001	0	7,377	27.47	8.40	$61,958
Dec 2000	114	7,294	26.88	9.12	$69,604
Nov 2000	0	7,353	32.21	5.66	$41,603
Oct 2000	0	8,456	31.23	5.15	$43,510
Sep 2000	0	7,574	31.87	5.19	$39,283
Aug 2000	0	5,757	29.64	4.54	$26,141
Jul 2000	139	5,191	28.53	4.09	$25,196
Jun 2000	0	6,218	29.30	4.40	$27,342
May 2000	119	7,138	27.26	3.68	$29,510
Apr 2000	55	8,824	24.51	3.12	$28,844
Mar 2000	52	11,589	28.42	2.86	$34,619
Feb 2000	99	10,484	27.62	2.73	$31,319
Jan 2000	61	12,054	25.27	2.48	$31,441
Dec 1999	113	13,375	24.28	2.42	$35,161
Nov 1999	62	10,856	23.19	2.43	$27,861
Oct 1999	260	11,240	20.98	2.80	$36,969
Sep 1999	141	13,126	21.75	2.62	$37,442
Aug 1999	134	11,482	19.26	2.88	$35,598
Jul 1999	145	11,297	17.89	2.37	$29,395
Jun 1999	285	12,311	15.94	2.36	$33,623
May 1999	146	15,770	15.79	2.32	$38,908
Apr 1999	130	16,373	15.10	2.21	$38,115
Mar 1999	137	18,513	12.47	1.84	$35,741
Feb 1999	202	18,066	9.98	1.82	$34,856
Jan 1999	182	21,337	10.38	1.90	$42,428
Dec 1998	168	21,484	9.20	1.77	$39,644
Nov 1998	197	21,187	10.89	2.19	$48,454
Oct 1998	250	20,485	12.42	1.97	$43,444
Sep 1998	254	19,829	12.59	2.08	$44,494
Aug 1998	256	19,612	11.30	1.91	$40,300
Jul 1998	68	20,265	11.74	2.24	$46,137
Jun 1998	83	20,318	11.24	2.24	$46,390
May 1998	82	21,120	12.62	2.21	$47,633
Apr 1998	74	19,826	13.04	2.51	$50,636
Mar 1998	124	21,529	12.80	2.31	$51,307
Feb 1998	287	17,964	13.95	2.30	$45,305
Jan 1998	300	21,384	14.70	2.15	$50,488
Dec 1997	305	20,119	16.32	2.41	$53,487
Nov 1997	462	22,795	18.19	3.09	$78,801
Oct 1997	312	23,082	19.25	3.15	$78,710
Sep 1997	301	22,118	17.74	2.95	$70,696
Aug 1997	445	24,510	17.86	2.55	$70,564
Jul 1997	492	27,368	17.58	2.25	$70,144
Jun 1997	348	36,023	17.24	2.26	$87,311
May 1997	694	45,438	18.97	2.31	$118,059
Apr 1997	1,046	57,261	17.88	2.08	$137,965
Mar 1997	874	59,895	18.95	1.94	$132,707
Feb 1997	1,064	63,433	20.49	2.21	$161,728
Jan 1997	1,433	77,832	23.48	3.54	$309,149
Dec 1996	1,730	89,155	23.32	—	$40,344
Nov 1996	2,667	135,016	21.97	—	$58,594
Oct 1996	369	24,126	23.31	—	$8,601

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

Condensate             7 bbl  × $ 65.54 =       $459
Gas                    0 Mcf  × $  3.06 =         $0

────────────────────────────────────────────────────
Month total                                     $459

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/161116 is the state's own key, not one this site invented.