LAS ESCOBAS

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

Gas lease lease 214131District 04Field 880313702 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.3 M
Nov 2005 – Mar 2010
Value, last 12 filed months
$14 k
at the published price for each month
Months reported
53
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 47 leases and 47 wells, and the rule below applies to all of them.

Discovered
2004-10-22
as the register files it
Field class
Gas
the register's own label
Between wells
933 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 2005-10-25.

The Commission's schedule remark for this field reads: TO 8370'.

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 Gas112006-12-15171703
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
CondensateDisposition4,781 bbl$278,992
GasProduction104,934 Mcf$986,107
Total$1,265,099

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 26.7150, -98.9621. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.71498, -98.96214 · 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
8,600 ft
1 wells filed one
Completion to plug
4.0 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 8,600 ft.

Completions filed
Nov 2005
1 of 1 wells
Plug dates filed
Nov 2009
1 of 1 wells

Last completion to plug: a median of 4.0 years across the 1 well that filed both dates, with the middle half between 4.0 years and 4.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4273389368,600 ftNov 2005Nov 2009Yes

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 (53)

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

53 months

Mar 20100078.394.39$0
Feb 201053073.585.44$3,900
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 2009484374.593.75$3,742
Oct 2009030172.544.11$1,237
Sep 2009086665.543.06$2,654
Aug 2009035567.423.22$1,143
Jul 20090161.133.46$3
Jun 20090066.163.90$0
May 2009011554.743.93$451
Apr 2009017746.773.59$635
Mar 2009012942.144.06$524
Feb 2009011432.814.63$528
Jan 2009017435.865.37$935
Dec 2008021337.105.98$1,273
Nov 2008017255.496.86$1,180
Oct 2008027075.246.92$1,869
Sep 20080273101.767.88$2,150
Aug 20080318114.228.48$2,698
Jul 20080231131.0811.39$2,631
Jun 2008089131.3313.03$1,160
May 20080404123.1711.57$4,676
Apr 20080531110.3110.45$5,552
Mar 20080957101.909.66$9,249
Feb 2008199392.538.77$8,802
Jan 2008076890.388.21$6,302
Dec 20071126488.337.30$2,899
Nov 20071431091.677.29$3,544
Oct 200791,26982.856.92$9,530
Sep 2007043975.846.24$2,741
Aug 20071250769.066.39$4,067
Jul 20071554370.906.39$4,532
Jun 200701,50462.007.55$11,353
May 20072955258.747.85$6,035
Apr 20071672459.617.81$6,605
Mar 2007181,10556.927.30$9,093
Feb 2007191,36255.108.22$12,237
Jan 2007201,39750.306.73$10,403
Dec 2006751,42956.656.92$14,135
Nov 2006612,17854.207.62$19,897
Oct 20061251,72554.906.01$17,236
Sep 2006641,74460.085.04$12,630
Aug 2006692,23668.717.34$21,153
Jul 20061402,38269.376.34$24,820
Jun 20061422,72666.286.38$26,814
May 20061472,66866.016.42$26,845
Apr 20061733,40764.397.36$36,217
Mar 20062833,73856.707.08$42,522
Feb 20063125,12457.597.75$57,685
Jan 20066137,83560.598.93$107,134
Dec 200589118,64654.9413.42$299,095
Nov 20051,42131,62654.6910.59$412,583

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 2010 — as filed, then multipliedworked
Condensate            53 bbl  × $ 73.58 =     $3,900
Gas                    0 Mcf  × $  5.44 =         $0

────────────────────────────────────────────────────
Month total                                   $3,900

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/214131 is the state's own key, not one this site invented.