SCHMIDT-HUNT GU

Operated by EOG RESOURCES, INC. (P-5 253162) in the MIDWAY, EAST (10700) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 97389District 04Field 61155955NGPA filingCondensateGasSaveExport
Value, all time
$376 k
Jan 1993 – Feb 2012
Value, last 12 filed months
$0
at the published price for each month
Months reported
230
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 27 leases and 27 wells, and the rule below applies to all of them.

Discovered
1973-04-06
as the register files it
Field class
Oil and 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 2006-05-16.

The Commission's schedule remark for this field reads: RULES 1 AND 2 AMENDED. P-15 AND PLAT REQUIRED.

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
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
CondensateDisposition4,280 bbl$90,571
GasProduction154,304 Mcf$285,462
Total$376,033

93,295 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 27.9553, -97.3351. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.95530, -97.33508 · 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
12,430 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
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 12,430 ft.

Plug dates filed
Feb 2012
1 of 1 wells

1 well

42-40931433212,430 ftFeb 2012Yes

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 (230)

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

230 months

Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 200927067.423.22$1,820
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 200819232037.105.98$9,036
Nov 2008041855.496.86$2,868
Oct 2008044375.246.92$3,066
Sep 20080525101.767.88$4,135
Aug 20080799114.228.48$6,778
Jul 2008068131.0811.39$774
Jun 200800131.3313.03$0
May 20080170123.1711.57$1,968
Apr 200801,295110.3110.45$13,539
Mar 200801,370101.909.66$13,240
Feb 200801,31592.538.77$11,533
Jan 20081931,36890.388.21$28,669
Dec 200701,27988.337.30$9,339
Nov 200701,28591.677.29$9,370
Oct 2007094082.856.92$6,507
Sep 2007060475.846.24$3,771
Aug 200701,31569.066.39$8,400
Jul 200701,90570.906.39$12,169
Jun 200701,57862.007.55$11,911
May 200701,74458.747.85$13,684
Apr 200701,53059.617.81$11,942
Mar 200701,14556.927.30$8,361
Feb 200701,29755.108.22$10,656
Jan 200701,21450.306.73$8,166
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 200308229.765.13$421
Jul 200306429.415.17$331
Jun 2003014728.565.98$880
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 200304931.146.10$299
Feb 2003013833.487.93$1,094
Jan 20030030.315.58$0
Dec 200207726.914.85$374
Nov 2002010424.664.14$430
Oct 200207326.464.23$309
Sep 200203627.443.64$131
Aug 2002021025.963.16$664
Jul 2002019624.583.06$600
Jun 200201,21923.733.34$4,069
May 2002031124.663.58$1,115
Apr 2002055223.653.51$1,939
Mar 20020022.003.10$0
Feb 2002022218.222.38$527
Jan 2002036617.172.38$870
Dec 2001031416.932.36$742
Nov 200101,35718.072.41$3,264
Oct 20010019.782.53$0
Sep 200140024.262.25$970
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 1999019721.752.62$516
Aug 1999019719.262.88$566
Jul 1999014717.892.37$349
Jun 1999044015.942.36$1,039
May 19990015.792.32$0
Apr 1999044015.102.21$972
Mar 19990012.471.84$0
Feb 199903819.981.82$693
Jan 1999052210.381.90$992
Dec 19980979.201.77$172
Nov 1998012110.892.19$264
Oct 1998079012.421.97$1,556
Sep 1998068912.592.08$1,435
Aug 1998073511.301.91$1,402
Jul 1998093111.742.24$2,083
Jun 1998091711.242.24$2,052
May 1998089612.622.21$1,977
Apr 1998291513.042.51$2,318
Mar 199821,49312.802.31$3,474
Feb 19981871,53513.952.30$6,138
Jan 199841,62214.702.15$3,554
Dec 1997131,76016.322.41$4,456
Nov 19971973,05718.193.09$13,024
Oct 1997244,31819.253.15$14,063
Sep 199705,85617.742.95$17,304
Aug 199701,20617.862.55$3,081
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 1997028017.882.08$583
Mar 1997076418.951.94$1,482
Feb 199719670120.492.21$5,562
Jan 1997155823.483.54$1,999
Dec 1996087523.32$0
Nov 1996026421.97$0
Oct 1996049223.31$0
Sep 199601,04422.22$0
Aug 199601,03820.26$0
Jul 199601,17019.55$0
Jun 1996086918.73$0
May 19961981,01519.43$3,847
Apr 199601,27021.51$0
Mar 19961891,38219.38$3,663
Feb 199601,26616.98$0
Jan 199601,49317.07$0
Dec 1995085817.19$0
Nov 199501,39216.00$0
Oct 199501,18715.43$0
Sep 199501,31716.18$0
Aug 199501,43215.92$0
Jul 19951851,31115.24$2,819
Jun 199501,33616.41$0
May 199501,45517.56$0
Apr 19951991,60617.73$3,528
Mar 199501,52816.44$0
Feb 199501,32916.58$0
Jan 19951881,70115.92$2,993
Dec 199401,62915.03$0
Nov 19941911,69415.90$3,037
Oct 199401,80915.58$0
Sep 199401,91115.29$0
Aug 19941922,05416.13$3,097
Jul 199402,19017.56$0
Jun 199412,47917.09$17
May 19941972,48115.88$3,128
Apr 19943442,44614.14$4,864
Mar 199412,47812.46$12
Feb 199402,46912.50$0
Jan 19941972,79612.66$2,494
Dec 199302,87112.33$0
Nov 199322,94414.49$29
Oct 199303,04115.85$0
Sep 19932962,91315.03$4,449
Aug 199323,09015.66$31
Jul 199303,28415.46$0
Jun 19933173,13316.79$5,322
May 199303,23517.68$0
Apr 19933103,25518.05$5,596
Mar 199303,40118.14$0
Feb 199323,37217.90$36
Jan 19931913,69016.93$3,234

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.

Aug 2009 — as filed, then multipliedworked
Condensate            27 bbl  × $ 67.42 =     $1,820
Gas                    0 Mcf  × $  3.22 =         $0

────────────────────────────────────────────────────
Month total                                   $1,820

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/97389 is the state's own key, not one this site invented.