PRIDAY

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

Gas lease lease 270278District 04Field 61155195CondensateGasSaveExport
Value, all time
$6.9 M
Jun 2013 – Jun 2019
Value, last 12 filed months
$0
at the published price for each month
Months reported
73
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 5 leases and 5 wells, and the rule below applies to all of them.

Discovered
2012-09-09
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 2013-01-15.

The Commission's schedule remark for this field reads: RULES TEMPORARY UNTIL 1-15-2015. SET TO MANUAL REVIEW.

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
CondensateDisposition27,906 bbl$2,529,192
GasProduction1,101,918 Mcf$4,399,856
Total$6,929,047

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 27.9775, -97.2987. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.97746, -97.29871 · 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
11,420 ft
1 wells filed one
Completion to plug
6.0 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 11,420 ft.

Completions filed
Jun 2013
1 of 1 wells
Plug dates filed
Jun 2019
1 of 1 wells

Last completion to plug: a median of 6.0 years across the 1 well that filed both dates, with the middle half between 6.0 years and 6.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-40932991111,420 ftJun 2013Jun 2019Yes

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 (73)

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

73 months

Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
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 20161393141.553.10$5,872
Aug 2016051341.442.92$1,500
Jul 201601,44041.622.92$4,211
Jun 201602,02745.352.69$5,444
May 201602,78742.521.99$5,549
Apr 20161833,70836.561.99$14,073
Mar 201603,94833.011.79$7,083
Feb 201601,85126.472.06$3,820
Jan 20161883,98227.352.36$14,557
Dec 201504,63632.362.00$9,279
Nov 20151925,24838.792.17$18,822
Oct 201507,36243.552.43$17,864
Sep 20151808,24342.992.76$30,476
Aug 20151909,64740.162.87$35,341
Jul 201518711,32948.152.95$42,369
Jun 201518814,48956.152.88$52,326
May 201518817,27655.212.96$61,438
Apr 201518917,96849.822.71$58,048
Mar 201519020,83042.892.93$69,279
Feb 201538211,65644.662.98$51,751
Jan 201519315,38643.433.10$56,088
Dec 201437325,41354.693.59$111,667
Nov 201438525,74570.464.25$136,591
Oct 201456628,05878.303.90$153,771
Sep 201455831,80086.164.05$176,722
Aug 201454533,16789.394.04$182,550
Jul 201473428,31196.564.18$189,204
Jun 201491231,66798.164.74$239,525
May 201492238,49094.734.73$269,266
Apr 20141,29841,64295.944.81$324,792
Mar 20141,48850,71395.895.06$399,130
Feb 20141,38447,91697.406.19$431,497
Jan 20141,90558,36190.404.86$455,888
Dec 20131,87768,94991.824.35$472,583
Nov 20131,84966,65288.853.74$413,447
Oct 20132,05374,87997.423.78$482,998
Sep 20132,38268,095104.113.72$501,150
Aug 20132,37183,715104.253.52$542,072
Jul 20132,79890,138102.523.72$621,961
Jun 201391743,85094.403.93$259,045

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.

Sep 2016 — as filed, then multipliedworked
Condensate           139 bbl  × $ 41.55 =     $5,775
Gas                   31 Mcf  × $  3.10 =        $96

────────────────────────────────────────────────────
Month total                                   $5,872

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/270278 is the state's own key, not one this site invented.