CABEZON

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 202928District 04Field 999305002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.2 M
Jul 2004 – Nov 2016
Value, last 12 filed months
$0
at the published price for each month
Months reported
149
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 Gas112005-01-19159267
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
CondensateDisposition15,256 bbl$766,112
GasProduction216,780 Mcf$1,473,771
Total$2,239,883

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 27.3395, -99.0619. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.33952, -99.06187 · 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
9,470 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 9,470 ft.

Completions filed
Jul 2004
1 of 1 wells
Plug dates filed
Nov 2016
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

42-4793875579,470 ftJul 2004Nov 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 (149)

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

149 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 201240101.102.57$404
Jan 2012320998.092.73$866
Dec 20111233196.873.24$2,235
Nov 2011343495.723.31$1,724
Oct 2011725684.983.65$1,529
Sep 2011336983.623.99$1,722
Aug 2011134983.404.15$1,532
Jul 2011138294.144.52$1,820
Jun 2011139192.904.64$1,907
May 2011244598.134.40$2,156
Apr 20112687105.964.33$3,189
Mar 2011150196.364.06$2,129
Feb 2011124485.644.18$1,106
Jan 2011324486.504.59$1,379
Dec 2010171085.734.35$3,173
Nov 20101080.843.80$81
Oct 2010231878.103.51$1,272
Sep 2010010272.633.98$406
Aug 2010016873.684.42$742
Jul 2010322072.554.74$1,260
Jun 2010038770.364.91$1,900
May 2010448471.124.24$2,334
Apr 2010031281.694.12$1,286
Mar 2010028378.394.39$1,242
Feb 201007873.585.44$425
Jan 2010025674.365.96$1,527
Dec 2009719971.445.48$1,591
Nov 2009011674.593.75$435
Oct 2009015872.544.11$649
Sep 20091612465.543.06$1,429
Aug 2009014067.423.22$451
Jul 2009024361.133.46$842
Jun 2009032566.163.90$1,266
May 20091843954.743.93$2,709
Apr 20094612646.773.59$2,603
Mar 2009043142.144.06$1,749
Feb 20099342832.814.63$5,034
Jan 2009087335.865.37$4,689
Dec 20081521,11737.105.98$12,316
Nov 20087782455.496.86$9,926
Oct 200801,30075.246.92$8,999
Sep 20081901,251101.767.88$29,189
Aug 200801,491114.228.48$12,648
Jul 2008681,639131.0811.39$27,581
Jun 20082232,486131.3313.03$61,686
May 20081543,369123.1711.57$57,962
Apr 2008792,868110.3110.45$38,699
Mar 200801,777101.909.66$17,173
Feb 20084766992.538.77$10,216
Jan 2008231,16990.388.21$11,671
Dec 2007271,22088.337.30$11,293
Nov 2007171,01491.677.29$8,952
Oct 2007084682.856.92$5,856
Sep 20071881575.846.24$6,454
Aug 20071687069.066.39$6,662
Jul 20078671270.906.39$10,646
Jun 20078770662.007.55$10,723
May 2007046758.747.85$3,664
Apr 200710153359.617.81$10,181
Mar 2007921,12056.927.30$13,415
Feb 20079983555.108.22$12,315
Jan 200711399950.306.73$12,404
Dec 20065683956.656.92$8,977
Nov 20065588854.207.62$9,745
Oct 20065875854.906.01$7,743
Sep 20066480260.085.04$7,885
Aug 20069292668.717.34$13,118
Jul 20061181,60169.376.34$18,340
Jun 200615987666.286.38$16,131
May 200601,17466.016.42$7,543
Apr 20063011,34764.397.36$29,296
Mar 2006832,85456.707.08$24,921
Feb 20063081,52857.597.75$29,581
Jan 20062032,14560.598.93$31,462
Dec 20053031,99954.9413.42$43,464
Nov 20052182,09154.6910.59$34,063
Oct 20052192,99158.3413.80$54,040
Sep 20053352,52961.4512.08$51,134
Aug 20052674,12961.519.80$56,874
Jul 20051401,34955.697.84$18,378
Jun 2005862,80252.337.38$25,182
May 2005991,55345.226.65$14,806
Apr 20052382,81349.207.36$32,415
Mar 2005433,36250.377.15$26,221
Feb 2005444,50245.226.31$30,406
Jan 20054044,11943.166.32$43,478
Dec 20049416,25239.866.75$79,716
Nov 20041,02112,09145.286.33$122,772
Oct 200449212,53249.706.52$106,100
Sep 200498517,26143.245.28$133,797
Aug 20042,33934,58542.375.55$291,073
Jul 20043,68142,22338.286.08$397,801

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.

Feb 2012 — as filed, then multipliedworked
Condensate             4 bbl  × $101.10 =       $404
Gas                    0 Mcf  × $  2.57 =         $0

────────────────────────────────────────────────────
Month total                                     $404

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/202928 is the state's own key, not one this site invented.