SAENZ

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

Gas lease lease 200003District 04Field 507446372 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.3 M
Mar 2004 – Aug 2018
Value, last 12 filed months
$0
at the published price for each month
Months reported
174
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 8 leases and 8 wells, and the rule below applies to all of them.

Discovered
1964-01-07
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 Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 04/01/2011.

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 Gas112006-05-10167611
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
CondensateDisposition8,050 bbl$456,594
GasProduction138,599 Mcf$881,803
Total$1,338,398

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 27.2703, -98.1069. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.27031, -98.10687 · 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
14.4 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
Mar 2004
1 of 1 wells
Plug dates filed
Aug 2018
1 of 1 wells

Last completion to plug: a median of 14.4 years across the 1 well that filed both dates, with the middle half between 14.4 years and 14.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-24932445110,000 ftMar 2004Aug 2018Yes

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 (174)

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

174 months

Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
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 201445078.303.90$3,524
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 201303997.423.78$147
Sep 20139856104.113.72$10,411
Aug 201300104.253.52$0
Jul 20130307102.523.72$1,141
Jun 2013013294.403.93$519
May 2013018294.834.15$755
Apr 20138718193.964.28$8,950
Mar 2013018993.623.91$740
Feb 201304691.233.42$157
Jan 2013025091.603.42$855
Dec 2012011486.773.42$390
Nov 20120086.953.62$0
Oct 201219317789.383.40$17,852
Sep 2012092094.672.92$2,685
Aug 2012025292.662.91$733
Jul 2012020785.133.02$625
Jun 2012015579.822.52$390
May 2012022091.612.49$547
Apr 20120254101.652.00$507
Mar 2012195417105.052.22$21,411
Feb 201201,153101.102.57$2,963
Jan 201203998.092.73$107
Dec 2011019696.873.24$635
Nov 2011032995.723.31$1,089
Oct 2011010884.983.65$394
Sep 201108883.623.99$351
Aug 2011020283.404.15$838
Jul 2011015994.144.52$718
Jun 201119020592.904.64$18,602
May 2011024498.134.40$1,075
Apr 20110284105.964.33$1,231
Mar 2011024596.364.06$994
Feb 2011033885.644.18$1,413
Jan 20110486.504.59$18
Dec 2010022585.734.35$978
Nov 2010016480.843.80$622
Oct 2010036678.103.51$1,284
Sep 2010020272.633.98$804
Aug 2010040973.684.42$1,808
Jul 201018729572.554.74$14,964
Jun 2010027970.364.91$1,370
May 2010018171.124.24$767
Apr 2010020981.694.12$862
Mar 2010040478.394.39$1,773
Feb 2010026973.585.44$1,464
Jan 2010039574.365.96$2,356
Dec 200919432971.445.48$15,664
Nov 2009031974.593.75$1,197
Oct 2009037372.544.11$1,533
Sep 2009021065.543.06$644
Aug 2009047367.423.22$1,522
Jul 2009019961.133.46$689
Jun 2009064166.163.90$2,497
May 200901854.743.93$71
Apr 2009023946.773.59$857
Mar 200918226442.144.06$8,741
Feb 2009055332.814.63$2,562
Jan 2009054235.865.37$2,911
Dec 200817341437.105.98$8,893
Nov 2008054255.496.86$3,718
Oct 2008061475.246.92$4,250
Sep 20080671101.767.88$5,286
Aug 20080358114.228.48$3,037
Jul 2008197983131.0811.39$37,019
Jun 20080988131.3313.03$12,876
May 200801,159123.1711.57$13,415
Apr 20080926110.3110.45$9,681
Mar 2008192805101.909.66$27,344
Feb 2008034192.538.77$2,991
Jan 2008076990.388.21$6,310
Dec 200720158188.337.30$21,997
Nov 2007024091.677.29$1,750
Oct 2007038382.856.92$2,651
Sep 2007038775.846.24$2,416
Aug 2007033369.066.39$2,127
Jul 200719731270.906.39$15,960
Jun 2007040362.007.55$3,042
May 2007031258.747.85$2,448
Apr 200719063259.617.81$16,259
Mar 2007013356.927.30$971
Feb 2007045255.108.22$3,714
Jan 2007048850.306.73$3,283
Dec 200620440956.656.92$14,386
Nov 2006041054.207.62$3,123
Oct 2006035154.906.01$2,111
Sep 2006048160.085.04$2,423
Aug 200620051468.717.34$17,515
Jul 2006053269.376.34$3,374
Jun 200619567666.286.38$17,240
May 2006058366.016.42$3,746
Apr 200618976164.397.36$17,771
Mar 200601,17156.707.08$8,294
Feb 2006041157.597.75$3,186
Jan 200619083960.598.93$19,007
Dec 200501,02754.9413.42$13,778
Nov 200520099354.6910.59$21,452
Oct 200501,24858.3413.80$17,217
Sep 200501,30161.4512.08$15,715
Aug 20051901,92561.519.80$30,546
Jul 20052002,26255.697.84$28,880
Jun 20050052.337.38$0
May 200501,19845.226.65$7,968
Apr 2005078149.207.36$5,749
Mar 20051892,32150.377.15$26,126
Feb 20052012,29545.226.31$23,575
Jan 200502,18343.166.32$13,801
Dec 20041972,80539.866.75$26,789
Nov 20041743,26245.286.33$28,529
Oct 20041853,78549.706.52$33,854
Sep 20042004,00543.245.28$29,810
Aug 20041895,42942.375.55$38,142
Jul 20041986,72238.286.08$48,477
Jun 20043807,48536.106.43$61,869
May 20045688,73137.486.49$77,993
Apr 200455311,69434.475.86$87,571
Mar 200492731,53334.365.53$206,234

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.

Oct 2014 — as filed, then multipliedworked
Condensate            45 bbl  × $ 78.30 =     $3,524
Gas                    0 Mcf  × $  3.90 =         $0

────────────────────────────────────────────────────
Month total                                   $3,524

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/200003 is the state's own key, not one this site invented.