TEXACO FEE

Operated by EOG RESOURCES, INC. (P-5 253162) in the ZWEBB (10350) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 174050District 04Field 999305002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.4 M
Aug 1999 – Nov 2016
Value, last 12 filed months
$0
at the published price for each month
Months reported
208
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 118 leases and 118 wells, and the rule below applies to all of them.

Discovered
1988-05-03
as the register files it
Field class
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 2003-06-10.

The Commission's schedule remark for this field reads: AND 5% PER WELL.

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 Gas112003-04-28151088
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
CondensateDisposition2,708 bbl$79,798
GasProduction591,356 Mcf$2,321,973
Total$2,401,771

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 27.2299, -99.0806. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.22990, -99.08060 · 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
11,200 ft
1 wells filed one
Completion to plug
17.3 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 11,200 ft.

Completions filed
Aug 1999
1 of 1 wells
Plug dates filed
Nov 2016
1 of 1 wells

Last completion to plug: a median of 17.3 years across the 1 well that filed both dates, with the middle half between 17.3 years and 17.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-50533952111,200 ftAug 1999Nov 2016Yes

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 (208)

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

208 months

Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
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 2011446492.904.64$4,385
May 2011019698.134.40$863
Apr 20110179105.964.33$776
Mar 2011030696.364.06$1,242
Feb 201101,32085.644.18$5,518
Jan 201102286.504.59$101
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 2010013178.103.51$460
Sep 2010056772.633.98$2,256
Aug 2010013073.684.42$575
Jul 201010779372.554.74$11,519
Jun 2010049570.364.91$2,431
May 2010011771.124.24$496
Apr 2010082581.694.12$3,401
Mar 2010032078.394.39$1,404
Feb 2010018573.585.44$1,007
Jan 2010049474.365.96$2,946
Dec 2009067171.445.48$3,680
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 2009030265.543.06$926
Aug 2009077667.423.22$2,498
Jul 200901,11961.133.46$3,877
Jun 200901,01166.163.90$3,938
May 200902754.743.93$106
Apr 200901,90846.773.59$6,845
Mar 2009043442.144.06$1,762
Feb 2009025132.814.63$1,163
Jan 2009012135.865.37$650
Dec 2008045837.105.98$2,738
Nov 2008073155.496.86$5,015
Oct 200801,49175.246.92$10,321
Sep 200801,049101.767.88$8,263
Aug 200801,271114.228.48$10,782
Jul 20080771131.0811.39$8,781
Jun 200801,001131.3313.03$13,046
May 20080921123.1711.57$10,660
Apr 200801,267110.3110.45$13,246
Mar 200801,795101.909.66$17,347
Feb 2008048392.538.77$4,236
Jan 200801,34690.388.21$11,045
Dec 200701,94988.337.30$14,232
Nov 2007011691.677.29$846
Oct 2007016482.856.92$1,135
Sep 2007048375.846.24$3,016
Aug 2007057869.066.39$3,692
Jul 200701,64670.906.39$10,515
Jun 200701,20862.007.55$9,119
May 2007081058.747.85$6,355
Apr 2007078759.617.81$6,143
Mar 200701,82656.927.30$13,333
Feb 200701,48955.108.22$12,234
Jan 200701,35550.306.73$9,115
Dec 200601,53556.656.92$10,620
Nov 20061852,75654.207.62$31,021
Oct 2006092454.906.01$5,557
Sep 2006095260.085.04$4,795
Aug 200601,55068.717.34$11,377
Jul 200602,93569.376.34$18,616
Jun 200601,18666.286.38$7,571
May 2006081266.016.42$5,217
Apr 2006061964.397.36$4,556
Mar 200601,03456.707.08$7,324
Feb 200601,47457.597.75$11,425
Jan 200603,07260.598.93$27,443
Dec 2005067254.9413.42$9,015
Nov 2005062954.6910.59$6,660
Oct 2005068958.3413.80$9,505
Sep 2005034661.4512.08$4,179
Aug 2005032861.519.80$3,213
Jul 2005055155.697.84$4,322
Jun 2005094852.337.38$6,997
May 200501,65645.226.65$11,014
Apr 200501,39949.207.36$10,297
Mar 200502,12450.377.15$15,197
Feb 200501,06445.226.31$6,716
Jan 200501,20143.166.32$7,593
Dec 200401,29039.866.75$8,709
Nov 200402,20745.286.33$13,971
Oct 200401,46549.706.52$9,545
Sep 200401,28343.245.28$6,779
Aug 200401,76442.375.55$9,791
Jul 20041781,81338.286.08$17,844
Jun 200401,67836.106.43$10,795
May 200403,24237.486.49$21,055
Apr 200402,35834.475.86$13,814
Mar 200402,70334.365.53$14,948
Feb 200401,82632.455.51$10,061
Jan 200401,92332.036.30$12,114
Dec 200302,38630.266.30$15,036
Nov 200301,67328.804.60$7,688
Oct 200301,30628.174.76$6,216
Sep 200302,30426.314.75$10,943
Aug 200302,89129.765.13$14,830
Jul 200302,48829.415.17$12,865
Jun 200302,49328.565.98$14,916
May 200303,07126.595.97$18,342
Apr 200303,41226.675.41$18,450
Mar 200302,04931.146.10$12,491
Feb 200302,22433.487.93$17,627
Jan 200303,04830.315.58$17,014
Dec 200203,41626.914.85$16,580
Nov 200203,24424.664.14$13,420
Oct 200202,91326.464.23$12,319
Sep 200203,81427.443.64$13,865
Aug 200203,53125.963.16$11,173
Jul 200203,75424.583.06$11,494
Jun 200203,50123.733.34$11,687
May 20021784,24324.663.58$19,596
Apr 200205,10423.653.51$17,927
Mar 200203,63422.003.10$11,275
Feb 200203,91418.222.38$9,298
Jan 200204,13817.172.38$9,831
Dec 200105,07016.932.36$11,988
Nov 200105,22318.072.41$12,564
Oct 20011635,89319.782.53$18,127
Sep 2001010,24524.262.25$23,065
Aug 200103,60824.873.05$11,016
Jul 200103,99523.933.20$12,772
Jun 200102,94624.563.82$11,266
May 200103,52525.524.31$15,183
Apr 200102,50224.685.34$13,349
Mar 200103,67424.545.38$19,753
Feb 200104,72327.755.77$27,238
Jan 20011856,56027.478.40$60,178
Dec 200007,68126.889.12$70,070
Nov 200005,22432.215.66$29,557
Oct 200005,11831.235.15$26,335
Sep 200007,39631.875.19$38,359
Aug 200007,83329.644.54$35,568
Jul 200007,91828.534.09$32,383
Jun 200007,37029.304.40$32,408
May 20001839,21227.263.68$38,886
Apr 200009,80824.513.12$30,562
Mar 2000012,56028.422.86$35,918
Feb 200018516,06427.622.73$48,908
Jan 200018515,98925.272.48$44,336
Dec 199918424,72524.282.42$64,394
Nov 1999026,12023.192.43$63,576
Oct 199918542,71720.982.80$123,647
Sep 199937052,36721.752.62$145,189
Aug 1999376108,97219.262.88$320,602

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.

Jun 2011 — as filed, then multipliedworked
Condensate            44 bbl  × $ 92.90 =     $4,088
Gas                   64 Mcf  × $  4.64 =       $297

────────────────────────────────────────────────────
Month total                                   $4,385

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/174050 is the state's own key, not one this site invented.