FROST TRUST 29

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

Gas lease lease 196374District 04Field 898938002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.3 M
Jul 2003 – Nov 2010
Value, last 12 filed months
$24 k
at the published price for each month
Months reported
89
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 151 leases and 151 wells, and the rule below applies to all of them.

Discovered
1983-10-25
as the register files it
Field class
Gas
the register's own label
Between wells
0 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 2006-08-08.

The Commission's schedule remark for this field reads: PER DOCKET #04-0260608 TAKE POINTS ADDED FOR HORIZONTAL WELLS.

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 Gas112004-08-11153089
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
CondensateDisposition2,514 bbl$117,501
GasProduction184,730 Mcf$1,201,852
Total$1,319,353

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 27.6114, -98.9438. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.61138, -98.94380 · 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
10,000 ft
1 wells filed one
Completion to plug
7.3 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 10,000 ft.

Completions filed
Jul 2003
1 of 1 wells
Plug dates filed
Nov 2010
1 of 1 wells

Last completion to plug: a median of 7.3 years across the 1 well that filed both dates, with the middle half between 7.3 years and 7.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-47938361210,000 ftJul 2003Nov 2010Yes

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 (89)

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

89 months

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 201032070.364.91$2,252
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 2010083774.365.96$4,992
Dec 200917078771.445.48$16,461
Nov 2009077574.593.75$2,907
Oct 2009099872.544.11$4,102
Sep 2009096065.543.06$2,942
Aug 2009091667.423.22$2,948
Jul 2009096961.133.46$3,357
Jun 2009091166.163.90$3,548
May 2009851,03854.743.93$8,728
Apr 200901,06046.773.59$3,803
Mar 2009099242.144.06$4,027
Feb 2009096332.814.63$4,462
Jan 2009077735.865.37$4,173
Dec 20088987537.105.98$8,532
Nov 2008082755.496.86$5,674
Oct 20081191,02575.246.92$16,049
Sep 200801,097101.767.88$8,641
Aug 20080818114.228.48$6,939
Jul 200801,064131.0811.39$12,118
Jun 20080998131.3313.03$13,007
May 2008118745123.1711.57$23,157
Apr 20080802110.3110.45$8,385
Mar 200801,061101.909.66$10,254
Feb 200801,08792.538.77$9,534
Jan 200801,33890.388.21$10,979
Dec 200701,40388.337.30$10,245
Nov 200701,26991.677.29$9,253
Oct 2007086982.856.92$6,015
Sep 2007081075.846.24$5,058
Aug 2007084369.066.39$5,385
Jul 2007074370.906.39$4,746
Jun 200701,17162.007.55$8,839
May 200701,21758.747.85$9,549
Apr 2007090959.617.81$7,095
Mar 200701,18556.927.30$8,653
Feb 200701,00955.108.22$8,290
Jan 200701,43050.306.73$9,619
Dec 200601,01256.656.92$7,001
Nov 200601,38254.207.62$10,527
Oct 200601,55854.906.01$9,370
Sep 200601,54560.085.04$7,782
Aug 200601,63168.717.34$11,971
Jul 200601,77169.376.34$11,233
Jun 200601,83466.286.38$11,708
May 200602,19366.016.42$14,090
Apr 200602,07364.397.36$15,258
Mar 20061021,93656.707.08$19,496
Feb 200601,16857.597.75$9,053
Jan 200602,16160.598.93$19,305
Dec 20051242,49654.9413.42$40,297
Nov 200502,79354.6910.59$29,573
Oct 200502,52458.3413.80$34,821
Sep 2005802,74261.4512.08$38,037
Aug 200502,52961.519.80$24,776
Jul 200502,20955.697.84$17,327
Jun 200501,69352.337.38$12,496
May 2005301,82245.226.65$13,475
Apr 200502,06949.207.36$15,229
Mar 2005352,59750.377.15$20,344
Feb 200502,51045.226.31$15,843
Jan 2005203,13043.166.32$20,652
Dec 200402,00439.866.75$13,529
Nov 2004162,92645.286.33$19,247
Oct 200403,37449.706.52$21,982
Sep 2004223,62243.245.28$20,090
Aug 2004303,29342.375.55$19,549
Jul 20041223,77238.286.08$27,620
Jun 200403,64736.106.43$23,461
May 20042534,11437.486.49$36,201
Apr 20041224,21034.475.86$28,869
Mar 20041234,67434.365.53$30,074
Feb 20041354,66132.455.51$30,061
Jan 20042095,28132.036.30$39,963
Dec 2003565,50730.266.30$36,398
Nov 20031115,49828.804.60$28,461
Oct 2003607,15328.174.76$35,736
Sep 20031429,02126.314.75$46,580
Aug 200310915,16129.765.13$81,016
Jul 2003010,85629.415.17$56,135

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 2010 — as filed, then multipliedworked
Condensate            32 bbl  × $ 70.36 =     $2,252
Gas                    0 Mcf  × $  4.91 =         $0

────────────────────────────────────────────────────
Month total                                   $2,252

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/196374 is the state's own key, not one this site invented.