GONZALEZ, RICARDO

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 217406District 04Field 880313702 tax incentive programmesCondensateGasSaveExport
Value, all time
$186 k
Mar 2006 – Feb 2010
Value, last 12 filed months
$22 k
at the published price for each month
Months reported
48
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 Gas112007-02-08171708
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
CondensateDisposition1,188 bbl$69,746
GasProduction17,523 Mcf$116,732
Total$186,479

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 26.6027, -98.9748. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.60266, -98.97475 · 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
7,900 ft
1 wells filed one
Completion to plug
3.7 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 7,900 ft.

Completions filed
Mar 2006
1 of 1 wells
Plug dates filed
Nov 2009
1 of 1 wells

Last completion to plug: a median of 3.7 years across the 1 well that filed both dates, with the middle half between 3.7 years and 3.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4273393217,900 ftMar 2006Nov 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 (48)

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

48 months

Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20091941771.445.48$13,953
Nov 20090574.593.75$19
Oct 2009038272.544.11$1,570
Sep 200901765.543.06$52
Aug 2009024867.423.22$798
Jul 2009018361.133.46$634
Jun 2009017766.163.90$689
May 2009034654.743.93$1,358
Apr 2009034146.773.59$1,223
Mar 2009045842.144.06$1,859
Feb 200901,16732.814.63$5,407
Jan 200919849935.865.37$9,780
Dec 2008042437.105.98$2,534
Nov 2008019755.496.86$1,351
Oct 200808975.246.92$616
Sep 200800101.767.88$0
Aug 2008096114.228.48$814
Jul 20080121131.0811.39$1,378
Jun 20080170131.3313.03$2,216
May 20080332123.1711.57$3,843
Apr 20080228110.3110.45$2,384
Mar 2008092101.909.66$889
Feb 2008039892.538.77$3,491
Jan 2008022490.388.21$1,838
Dec 2007030488.337.30$2,220
Nov 2007023791.677.29$1,728
Oct 2007023482.856.92$1,620
Sep 200719621775.846.24$16,220
Aug 2007031569.066.39$2,012
Jul 2007050170.906.39$3,200
Jun 2007025362.007.55$1,910
May 200720239258.747.85$14,941
Apr 2007061059.617.81$4,761
Mar 2007057556.927.30$4,199
Feb 2007050055.108.22$4,108
Jan 2007033350.306.73$2,240
Dec 200619863456.656.92$15,603
Nov 200620067654.207.62$15,989
Oct 2006020354.906.01$1,221
Sep 2006095960.085.04$4,831
Aug 200602,25768.717.34$16,566
Jul 20060069.376.34$0
Jun 2006031266.286.38$1,992
May 2006058066.016.42$3,727
Apr 2006019264.397.36$1,413
Mar 200601,02856.707.08$7,281

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.

Dec 2009 — as filed, then multipliedworked
Condensate           194 bbl  × $ 71.44 =    $13,859
Gas                   17 Mcf  × $  5.48 =        $93

────────────────────────────────────────────────────
Month total                                  $13,953

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/217406 is the state's own key, not one this site invented.