G-B MINERALS

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

Gas lease lease 270150District 04Field 678854002 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.3 M
Nov 2012 – May 2026
Value, last 12 filed months
$36 k
at the published price for each month
Months reported
163
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 811 leases and 811 wells, and the rule below applies to all of them.

Discovered
1971-11-11
as the register files it
Field class
Oil and 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 2015-03-24.

The Commission's schedule remark for this field reads: LATERALS. EFFECTIVE 3/24/15;

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 Gas112015-01-12214593
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 bbl$355
GasProduction1,201,188 Mcf$4,288,695
Total$4,289,051

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 27.7561, -99.3823. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.75610, -99.38230 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
10,075 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

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 10,075 ft.

Completions filed
Feb 2014
1 of 1 wells

1 well

42-479419122H10,075 ftFeb 2014

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 (163)

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

163 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 202501158.593.93$43
Oct 202501,84159.383.30$6,084
Sep 202502,64662.743.08$8,142
Aug 202503,15563.933.01$9,512
Jul 2025095266.743.32$3,156
Jun 202502,95566.483.13$9,245
May 202503,29560.553.23$10,650
Apr 202502,49662.363.54$8,844
Mar 202501,55467.704.27$6,633
Feb 202502,67570.884.34$11,612
Jan 202503,63774.324.28$15,562
Dec 202404,57468.993.12$14,277
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 202401,32869.612.36$3,140
Aug 202401,23275.632.06$2,542
Jul 2024026779.932.15$573
Jun 2024073678.082.63$1,939
May 202401,79778.812.20$3,951
Apr 202403,94884.451.66$6,551
Mar 202401,95980.301.55$3,027
Feb 20240176.091.78$2
Jan 202408373.023.30$274
Dec 2023056171.262.61$1,465
Nov 202301,97577.892.81$5,545
Oct 202301,74385.443.09$5,381
Sep 202301,93189.042.74$5,281
Aug 202301,83380.522.67$4,899
Jul 202301,65074.852.64$4,359
Jun 202301,76268.962.26$3,979
May 2023080870.622.23$1,800
Apr 202301,13878.122.24$2,547
Mar 202301,73172.852.39$4,143
Feb 202301,78075.112.47$4,389
Jan 202301,91076.533.39$6,471
Dec 202202,02376.415.73$11,590
Nov 202203,41685.005.65$19,287
Oct 202202,97187.185.86$17,421
Sep 202202,17784.888.16$17,772
Aug 202202,15494.529.13$19,660
Jul 202201,959101.587.54$14,775
Jun 202201,723115.097.98$13,745
May 202202,036109.378.43$17,170
Apr 202201,714104.226.84$11,720
Mar 202202,042108.885.08$10,366
Feb 202201,90491.054.86$9,251
Jan 202201,99381.844.54$9,044
Dec 202102,00671.323.90$7,822
Nov 202101,85077.435.24$9,688
Oct 202101,77279.795.71$10,125
Sep 202101,85769.865.35$9,937
Aug 202101,97966.024.22$8,353
Jul 202101,98970.783.98$7,920
Jun 202101,86169.493.38$6,291
May 202101,59163.483.02$4,801
Apr 202101,92160.362.76$5,299
Mar 202101,99861.302.72$5,428
Feb 202102,19857.805.55$12,194
Jan 202102,37050.412.81$6,660
Dec 202002,29244.642.68$6,132
Nov 202002,11838.772.71$5,733
Oct 202002,07636.972.48$5,145
Sep 202001,96637.091.99$3,914
Aug 202002,72039.982.39$6,487
Jul 202001,95738.371.83$3,572
Jun 202003,11034.901.69$5,257
May 202003,98016.921.81$7,223
Apr 202003,49514.751.80$6,306
Mar 202003,58330.341.86$6,651
Feb 202003,94349.881.98$7,810
Jan 202003,63757.252.09$7,619
Dec 201903,85959.012.30$8,893
Nov 201903,99155.302.75$10,978
Oct 201904,52253.472.42$10,937
Sep 201903,26055.052.66$8,663
Aug 201903,71153.112.30$8,551
Jul 201903,92156.272.46$9,646
Jun 201904,09852.782.49$10,209
May 201903,90158.482.74$10,690
Apr 201903,17862.632.75$8,742
Mar 201903,58256.803.06$10,968
Feb 201903,11250.852.79$8,689
Jan 201904,45146.033.23$14,369
Dec 201804,24946.594.19$17,784
Nov 201804,12552.934.24$17,479
Oct 201804,37661.443.40$14,870
Sep 201804,26159.543.11$13,243
Aug 201804,18659.403.07$12,837
Jul 201804,08765.142.93$11,983
Jun 201804,06260.183.08$12,498
May 201804,56365.382.90$13,236
Apr 201804,22163.842.90$12,244
Mar 201805,08261.222.79$14,163
Feb 201803,21461.782.77$8,890
Jan 201803,18762.874.01$12,778
Dec 201703,34157.272.92$9,761
Nov 201702,70855.423.12$8,445
Oct 201703,54649.292.98$10,580
Sep 201703,17247.523.09$9,793
Aug 201703,00245.373.00$9,019
Jul 201703,55843.873.09$10,985
Jun 201704,23242.493.09$13,065
May 201705,15745.373.26$16,829
Apr 201704,68247.933.21$15,037
Mar 201704,98746.772.98$14,880
Feb 201705,45950.452.95$16,118
Jan 201705,17949.413.42$17,706
Dec 201605,45848.763.72$20,319
Nov 201605,92442.492.64$15,665
Oct 201606,28446.193.09$19,419
Sep 201606,27541.553.10$19,456
Aug 201606,72941.442.92$19,678
Jul 201606,79441.622.92$19,868
Jun 201607,41845.352.69$19,923
May 201606,95542.521.99$13,848
Apr 201607,25236.561.99$14,439
Mar 201607,64533.011.79$13,715
Feb 201607,25026.472.06$14,961
Jan 201608,40927.352.36$19,882
Dec 201508,50532.362.00$17,022
Nov 201508,44038.792.17$18,292
Oct 201508,82543.552.43$21,415
Sep 201508,96642.992.76$24,732
Aug 201509,51340.162.87$27,326
Jul 201509,90648.152.95$29,174
Jun 201509,70156.152.88$27,967
May 2015012,08155.212.96$35,705
Apr 201507,67649.822.71$20,776
Mar 2015010,93942.892.93$32,103
Feb 2015010,28844.662.98$30,619
Jan 2015011,94343.433.10$37,031
Dec 2014012,43854.693.59$44,669
Nov 2014012,85970.464.25$54,674
Oct 2014013,68878.303.90$53,396
Sep 2014013,61786.164.05$55,087
Aug 2014014,61089.394.04$58,953
Jul 2014014,99096.564.18$62,652
Jun 2014015,11598.164.74$71,598
May 2014016,36494.734.73$77,345
Apr 2014016,89295.944.81$81,236
Mar 2014018,11595.895.06$91,604
Feb 2014016,83097.406.19$104,211
Jan 2014016,77090.404.86$81,514
Dec 2013019,88191.824.35$86,571
Nov 2013419,23388.853.74$72,254
Oct 2013021,92797.423.78$82,870
Sep 2013022,881104.113.72$85,066
Aug 2013026,053104.253.52$91,775
Jul 2013028,872102.523.72$107,339
Jun 2013027,78294.403.93$109,278
May 2013035,84194.834.15$148,707
Apr 2013041,15993.964.28$176,267
Mar 2013048,33993.623.91$189,144
Feb 2013053,17491.233.42$181,850
Jan 2013094,10791.603.42$321,837
Dec 2012083,42686.773.42$285,330
Nov 201208,48286.953.62$30,747

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.

Nov 2025 — as filed, then multipliedworked
Condensate             0 bbl  × $ 58.59 =         $0
Gas                   11 Mcf  × $  3.93 =        $43

────────────────────────────────────────────────────
Month total                                      $43

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/270150 is the state's own key, not one this site invented.