BRISCOE - OLMITOS RANCH

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 162162District 04Field 932154002 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.9 M
Mar 1997 – Jan 2012
Value, last 12 filed months
$0
at the published price for each month
Months reported
179
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 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.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas111997-05-19136554
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
CondensateDisposition25,963 bbl$469,253
GasProduction2,460,192 Mcf$6,428,923
Total$6,898,176

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 27.7502, -99.0190. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.75024, -99.01901 · 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
8,470 ft
1 wells filed one
Completion to plug
14.8 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 8,470 ft.

Completions filed
Mar 1997
1 of 1 wells
Plug dates filed
Jan 2012
1 of 1 wells

Last completion to plug: a median of 14.8 years across the 1 well that filed both dates, with the middle half between 14.8 years and 14.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4793661718,470 ftMar 1997Jan 2012Yes

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 (179)

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

179 months

Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 2007013870.906.39$882
Jun 2007020262.007.55$1,525
May 2007016958.747.85$1,326
Apr 2007020159.617.81$1,569
Mar 2007022156.927.30$1,614
Feb 2007012955.108.22$1,060
Jan 2007013250.306.73$888
Dec 2006016656.656.92$1,148
Nov 2006013654.207.62$1,036
Oct 2006014154.906.01$848
Sep 2006013960.085.04$700
Aug 2006015668.717.34$1,145
Jul 2006017269.376.34$1,091
Jun 2006015666.286.38$996
May 2006017266.016.42$1,105
Apr 2006017464.397.36$1,281
Mar 2006015056.707.08$1,062
Feb 2006018657.597.75$1,442
Jan 2006019560.598.93$1,742
Dec 2005022554.9413.42$3,018
Nov 2005014354.6910.59$1,514
Oct 2005020758.3413.80$2,856
Sep 2005018661.4512.08$2,247
Aug 2005029261.519.80$2,861
Jul 2005028055.697.84$2,196
Jun 2005021152.337.38$1,557
May 2005026245.226.65$1,743
Apr 20051421649.207.36$2,279
Mar 2005032950.377.15$2,354
Feb 2005033845.226.31$2,133
Jan 20051342543.166.32$3,248
Dec 2004052439.866.75$3,538
Nov 20043248145.286.33$4,494
Oct 2004069449.706.52$4,521
Sep 200401,06443.245.28$5,622
Aug 2004452,49142.375.55$15,733
Jul 200402,71938.286.08$16,543
Jun 2004221,96136.106.43$13,409
May 200402,26537.486.49$14,710
Apr 2004122,35634.475.86$14,216
Mar 200472,92434.365.53$16,411
Feb 200493,13332.455.51$17,554
Jan 2004153,82832.036.30$24,595
Dec 200362,90730.266.30$18,500
Nov 2003121,99128.804.60$9,495
Oct 200302,28028.174.76$10,852
Sep 2003122,44626.314.75$11,933
Aug 2003182,56829.765.13$13,709
Jul 2003342,49429.415.17$13,896
Jun 200302,97828.565.98$17,817
May 20031253,83726.595.97$26,241
Apr 200303,50526.675.41$18,953
Mar 20031243,68931.146.10$26,350
Feb 20031233,79233.487.93$34,173
Jan 20031334,20330.315.58$27,493
Dec 20021284,55026.914.85$25,529
Nov 20021314,60824.664.14$22,294
Oct 2002514,66026.464.23$21,057
Sep 2002294,14927.443.64$15,878
Aug 2002584,96025.963.16$17,200
Jul 20022752024.583.06$2,256
Jun 2002314,85423.733.34$16,939
May 2002315,06224.663.58$18,907
Apr 2002224,76923.653.51$17,271
Mar 2002214,87622.003.10$15,591
Feb 2002214,46718.222.38$10,995
Jan 2002445,54717.172.38$13,933
Dec 2001245,61416.932.36$13,680
Nov 2001235,48718.072.41$13,615
Oct 2001195,52719.782.53$14,353
Sep 2001305,91924.262.25$14,053
Aug 200106,47124.873.05$19,757
Jul 2001166,27123.933.20$20,432
Jun 2001156,12124.563.82$23,776
May 2001157,12325.524.31$31,064
Apr 2001426,83224.685.34$37,487
Mar 20013311,01924.545.38$60,053
Feb 2001717,30027.755.77$44,070
Jan 2001657,13627.478.40$61,719
Dec 2000317,82526.889.12$72,217
Nov 2000618,26932.215.66$48,751
Oct 2000668,52731.235.15$45,937
Sep 2000488,61131.875.19$46,191
Aug 20001299,54129.644.54$47,147
Jul 200011910,21128.534.09$45,156
Jun 20001138,42329.304.40$40,349
May 2000558,62427.263.68$33,233
Apr 20001208,26224.513.12$28,686
Mar 20001359,60828.422.86$31,313
Feb 20001209,33127.622.73$28,755
Jan 200017211,75325.272.48$33,500
Dec 199914510,55924.282.42$29,113
Nov 199916213,28423.192.43$36,090
Oct 199931615,05120.982.80$48,828
Sep 199921315,15921.752.62$44,332
Aug 199914116,22919.262.88$49,384
Jul 199914816,32917.892.37$41,386
Jun 199923616,63515.942.36$43,055
May 199927318,12515.792.32$46,379
Apr 199925326,66015.102.21$62,687
Mar 199923621,90712.471.84$43,215
Feb 199918621,3649.981.82$40,692
Jan 199927024,50210.381.90$49,355
Dec 199833327,3719.201.77$51,601
Nov 199825128,43810.892.19$64,891
Oct 199834827,31112.421.97$58,103
Sep 199835931,11012.592.08$69,310
Aug 199837435,22411.301.91$71,411
Jul 199836840,14111.742.24$94,127
Jun 199843746,87111.242.24$109,775
May 199843254,36312.622.21$125,395
Apr 199863754,03013.042.51$143,669
Mar 199868561,10812.802.31$149,893
Feb 199864561,88513.952.30$151,279
Jan 1998078,03014.702.15$168,138
Dec 1997090,62016.322.41$218,494
Nov 1997088,61318.193.09$273,660
Oct 1997094,69519.253.15$298,272
Sep 1997099,91017.742.95$295,222
Aug 19970123,32117.862.55$315,053
Jul 1997241159,55217.582.25$362,741
Jun 19973,112190,40217.242.26$483,426
May 19974,691169,84818.972.31$481,082
Apr 19974,963243,54817.882.08$595,995
Mar 19972,636127,79118.951.94$297,757

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 2007 — as filed, then multipliedworked
Condensate             0 bbl  × $ 70.90 =         $0
Gas                  138 Mcf  × $  6.39 =       $882

────────────────────────────────────────────────────
Month total                                     $882

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/162162 is the state's own key, not one this site invented.