FROST TRUST 45

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 178082District 04Field 932154002 tax incentive programmesCondensateGasSaveExport
Value, all time
$910 k
Jul 2000 – Dec 2012
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
150
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 Gas112001-01-16143017
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
CondensateDisposition1,050 bbl$44,302
GasProduction168,109 Mcf$865,245
Total$909,548

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 27.6730, -99.0012. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.67301, -99.00119 · 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
10,200 ft
1 wells filed one
Completion to plug
12.3 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 10,200 ft.

Completions filed
Jul 2000
1 of 1 wells
Plug dates filed
Oct 2012
1 of 1 wells

Last completion to plug: a median of 12.3 years across the 1 well that filed both dates, with the middle half between 12.3 years and 12.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-47937521110,200 ftJul 2000Oct 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 (150)

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

150 months

Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 2012414292.662.91$784
Jul 2012026185.133.02$788
Jun 2012030879.822.52$776
May 2012022391.612.49$555
Apr 20120256101.652.00$511
Mar 20120246105.052.22$547
Feb 20120245101.102.57$630
Jan 2012031798.092.73$867
Dec 2011024596.873.24$794
Nov 2011034095.723.31$1,126
Oct 2011032084.983.65$1,168
Sep 2011029683.623.99$1,180
Aug 2011030883.404.15$1,278
Jul 20115521794.144.52$6,158
Jun 2011038092.904.64$1,763
May 2011044198.134.40$1,943
Apr 20110369105.964.33$1,599
Mar 2011039596.364.06$1,603
Feb 2011033185.644.18$1,384
Jan 2011040786.504.59$1,868
Dec 2010048585.734.35$2,109
Nov 2010041480.843.80$1,571
Oct 2010043178.103.51$1,512
Sep 2010537872.633.98$1,867
Aug 2010045873.684.42$2,024
Jul 2010047272.554.74$2,236
Jun 2010054870.364.91$2,691
May 20102361871.124.24$4,253
Apr 2010027381.694.12$1,125
Mar 2010041578.394.39$1,821
Feb 2010028373.585.44$1,540
Jan 2010065574.365.96$3,906
Dec 2009053671.445.48$2,939
Nov 2009052474.593.75$1,966
Oct 2009065772.544.11$2,700
Sep 2009078265.543.06$2,397
Aug 200918659667.423.22$14,458
Jul 2009062961.133.46$2,179
Jun 2009069466.163.90$2,703
May 20091056254.743.93$2,754
Apr 2009064746.773.59$2,321
Mar 2009053242.144.06$2,159
Feb 2009054832.814.63$2,539
Jan 2009047135.865.37$2,530
Dec 2008057137.105.98$3,413
Nov 2008037155.496.86$2,545
Oct 2008063775.246.92$4,409
Sep 20080514101.767.88$4,049
Aug 20080464114.228.48$3,936
Jul 20080627131.0811.39$7,141
Jun 20080818131.3313.03$10,661
May 20080655123.1711.57$7,581
Apr 20080258110.3110.45$2,697
Mar 20080380101.909.66$3,672
Feb 2008062192.538.77$5,447
Jan 2008041890.388.21$3,430
Dec 2007038788.337.30$2,826
Nov 2007146591.677.29$3,482
Oct 2007057682.856.92$3,987
Sep 2007054875.846.24$3,422
Aug 2007050469.066.39$3,220
Jul 2007055970.906.39$3,571
Jun 2007053862.007.55$4,061
May 2007160158.747.85$4,774
Apr 2007050559.617.81$3,942
Mar 2007052656.927.30$3,841
Feb 2007058855.108.22$4,831
Jan 2007067950.306.73$4,568
Dec 2006153156.656.92$3,730
Nov 2006097254.207.62$7,404
Oct 2006061954.906.01$3,723
Sep 2006148760.085.04$2,513
Aug 2006051068.717.34$3,743
Jul 2006049369.376.34$3,127
Jun 2006051066.286.38$3,256
May 2006052666.016.42$3,380
Apr 2006051064.397.36$3,754
Mar 2006050656.707.08$3,584
Feb 2006045457.597.75$3,519
Jan 2006053460.598.93$4,770
Dec 2005056754.9413.42$7,607
Nov 2005049354.6910.59$5,220
Oct 2005055258.3413.80$7,615
Sep 2005051761.4512.08$6,245
Aug 2005063061.519.80$6,172
Jul 2005057055.697.84$4,471
Jun 2005052952.337.38$3,905
May 2005061045.226.65$4,057
Apr 2005157849.207.36$4,304
Mar 2005061650.377.15$4,407
Feb 2005046745.226.31$2,948
Jan 2005160743.166.32$3,881
Dec 2004074339.866.75$5,016
Nov 2004171145.286.33$4,546
Oct 2004060049.706.52$3,909
Sep 2004068143.245.28$3,598
Aug 200414674742.375.55$10,332
Jul 2004054538.286.08$3,316
Jun 2004061136.106.43$3,931
May 2004268237.486.49$4,504
Apr 2004066434.475.86$3,890
Mar 2004065434.365.53$3,617
Feb 2004068932.455.51$3,796
Jan 2004059032.036.30$3,717
Dec 2003072830.266.30$4,588
Nov 2003863128.804.60$3,130
Oct 2003065128.174.76$3,099
Sep 2003064326.314.75$3,054
Aug 2003078429.765.13$4,022
Jul 2003077029.415.17$3,982
Jun 2003086128.565.98$5,151
May 2003231,47826.595.97$9,439
Apr 200301,49426.675.41$8,078
Mar 20032301,08631.146.10$13,783
Feb 2003085333.487.93$6,761
Jan 200301,36630.315.58$7,625
Dec 200201,49726.914.85$7,266
Nov 2002461,63324.664.14$7,890
Oct 200201,57426.464.23$6,657
Sep 200201,72827.443.64$6,282
Aug 200201,45125.963.16$4,591
Jul 200201,58924.583.06$4,865
Jun 200201,65823.733.34$5,535
May 200201,60324.663.58$5,745
Apr 200201,82123.653.51$6,396
Mar 200201,59422.003.10$4,946
Feb 200201,44418.222.38$3,430
Jan 200201,83017.172.38$4,347
Dec 200101,62316.932.36$3,837
Nov 2001942,25218.072.41$7,116
Oct 200101,79319.782.53$4,534
Sep 200102,29424.262.25$5,165
Aug 200102,06324.873.05$6,299
Jul 200103,53223.933.20$11,292
Jun 200103,77324.563.82$14,429
May 200103,73625.524.31$16,092
Apr 200103,92724.685.34$20,952
Mar 2001753,56624.545.38$21,013
Feb 200103,28927.755.77$18,968
Jan 200103,29627.478.40$27,682
Dec 200003,62126.889.12$33,033
Nov 20001144,17732.215.66$27,305
Oct 200005,05031.235.15$25,985
Sep 200007,33931.875.19$38,064
Aug 2000229,42129.644.54$43,430
Jul 2000019,82028.534.09$81,059

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 2012 — as filed, then multipliedworked
Condensate             4 bbl  × $ 92.66 =       $371
Gas                  142 Mcf  × $  2.91 =       $413

────────────────────────────────────────────────────
Month total                                     $784

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/178082 is the state's own key, not one this site invented.