EPPES, FRED R.

Operated by XTO ENERGY INC. (P-5 945936) in the FREESTONE (TRAVIS PEAK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 154883District 05Field 329505002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.6 M
Jun 1995 – Jan 2015
Value, last 12 filed months
$22 k
at the published price for each month
Months reported
236
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 151 leases and 151 wells, and the rule below applies to all of them.

Discovered
1976-01-07
as the register files it
Field class
Gas
the register's own label
Between wells
600 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2006-02-28.

The Commission's schedule remark for this field reads: VARIOUS WELLS INTO THIS FIELD.

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 Gas111995-08-23132619
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
CondensateDisposition260 bbl$4,325
GasProduction1,270,530 Mcf$3,639,167
Total$3,643,493

460,815 Mcf of this lease's gas, across 19 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 31.5128, -96.2755. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.51276, -96.27550 · 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
10,596 ft
1 wells filed one
Completion to plug
19.6 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 10,596 ft.

Completions filed
Jun 1995
1 of 1 wells
Plug dates filed
Jan 2015
1 of 1 wells

Last completion to plug: a median of 19.6 years across the 1 well that filed both dates, with the middle half between 19.6 years and 19.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-16131291410,596 ftJun 1995Jan 2015Yes

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 (236)

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

236 months

Jan 2015038943.433.10$1,206
Dec 2014048454.693.59$1,738
Nov 2014044470.464.25$1,888
Oct 2014028278.303.90$1,100
Sep 2014019386.164.05$781
Aug 2014020589.394.04$827
Jul 2014022896.564.18$953
Jun 2014029198.164.74$1,378
May 2014037694.734.73$1,777
Apr 2014049795.944.81$2,390
Mar 2014076395.895.06$3,858
Feb 2014071497.406.19$4,421
Jan 2014080490.404.86$3,908
Dec 2013081791.824.35$3,558
Nov 2013073288.853.74$2,736
Oct 2013063397.423.78$2,392
Sep 20130424104.113.72$1,576
Aug 20130368104.253.52$1,296
Jul 20130430102.523.72$1,599
Jun 2013039694.403.93$1,558
May 2013057494.834.15$2,382
Apr 2013075693.964.28$3,238
Mar 2013090493.623.91$3,537
Feb 2013087291.233.42$2,982
Jan 201301,00991.603.42$3,451
Dec 2012099086.773.42$3,386
Nov 2012085586.953.62$3,099
Oct 2012079989.383.40$2,716
Sep 2012060094.672.92$1,751
Aug 2012042992.662.91$1,248
Jul 2012047185.133.02$1,423
Jun 2012058879.822.52$1,481
May 2012078991.612.49$1,963
Apr 20120866101.652.00$1,729
Mar 201201,014105.052.22$2,253
Feb 201201,072101.102.57$2,755
Jan 201201,16398.092.73$3,180
Dec 201101,21196.873.24$3,923
Nov 201101,09095.723.31$3,609
Oct 201101,08684.983.65$3,962
Sep 201101,14283.623.99$4,552
Aug 201101,05583.404.15$4,378
Jul 2011085294.144.52$3,849
Jun 20110092.904.64$0
May 2011013298.134.40$581
Apr 20110311105.964.33$1,348
Mar 2011065496.364.06$2,654
Feb 2011082285.644.18$3,436
Jan 201101,32686.504.59$6,085
Dec 2010048085.734.35$2,087
Nov 20100080.843.80$0
Oct 2010019478.103.51$681
Sep 2010088972.633.98$3,538
Aug 2010098873.684.42$4,366
Jul 201001,07872.554.74$5,106
Jun 201001,12070.364.91$5,500
May 201001,21471.124.24$5,142
Apr 201001,29281.694.12$5,327
Mar 201001,12378.394.39$4,928
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 2009029471.445.48$1,612
Nov 200901,33674.593.75$5,012
Oct 200901,90272.544.11$7,818
Sep 200901,82465.543.06$5,590
Aug 200901,97667.423.22$6,360
Jul 200902,04261.133.46$7,075
Jun 200902,16666.163.90$8,437
May 200902,31054.743.93$9,068
Apr 200902,41246.773.59$8,653
Mar 200901,88242.144.06$7,639
Feb 200902,15232.814.63$9,970
Jan 200901,16335.865.37$6,246
Dec 200801,82337.105.98$10,896
Nov 200802,00755.496.86$13,769
Oct 200802,08175.246.92$14,405
Sep 200802,081101.767.88$16,392
Aug 200801,827114.228.48$15,498
Jul 200802,074131.0811.39$23,622
Jun 200801,554131.3313.03$20,253
May 200801,975123.1711.57$22,859
Apr 200801,839110.3110.45$19,226
Mar 200802,524101.909.66$24,392
Feb 200801,93992.538.77$17,006
Jan 200802,87990.388.21$23,624
Dec 200701,89488.337.30$13,830
Nov 200704,61891.677.29$33,673
Oct 200703,10582.856.92$21,493
Sep 200703,17475.846.24$19,819
Aug 200703,14869.066.39$20,109
Jul 200704,79370.906.39$30,617
Jun 200704,48562.007.55$33,855
May 200702,47358.747.85$19,404
Apr 200702,25159.617.81$17,570
Mar 200704,93556.927.30$36,035
Feb 200705,71355.108.22$46,938
Jan 200704,48750.306.73$30,183
Dec 200605,98656.656.92$41,414
Nov 200604,73154.207.62$36,038
Oct 200605,47054.906.01$32,895
Sep 200604,22960.085.04$21,302
Aug 200605,28068.717.34$38,755
Jul 200606,26869.376.34$39,756
Jun 200606,53466.286.38$41,712
May 200609,01366.016.42$57,909
Apr 200606,65064.397.36$48,947
Mar 2006010,02956.707.08$71,035
Feb 200605,58157.597.75$43,259
Jan 2006010,29460.598.93$91,960
Dec 200514,36254.9413.42$58,573
Nov 200502,59154.6910.59$27,435
Oct 200502,20058.3413.80$30,351
Sep 200502,41861.4512.08$29,207
Aug 200503,95661.519.80$38,756
Jul 200503,18855.697.84$25,006
Jun 200503,58752.337.38$26,476
May 200502,57945.226.65$17,153
Apr 200504,35149.207.36$32,025
Mar 200503,92950.377.15$28,112
Feb 200503,23345.226.31$20,406
Jan 200514,00843.166.32$25,383
Dec 200403,87139.866.75$26,133
Nov 200403,16045.286.33$20,004
Oct 200403,68749.706.52$24,021
Sep 200404,32343.245.28$22,842
Aug 200403,71842.375.55$20,637
Jul 200404,03438.286.08$24,544
Jun 200404,71036.106.43$30,300
May 200404,72537.486.49$30,687
Apr 200404,62434.475.86$27,090
Mar 200404,29334.365.53$23,741
Feb 200404,27732.455.51$23,565
Jan 200405,20432.036.30$32,783
Dec 200304,61330.266.30$29,069
Nov 200304,40328.804.60$20,232
Oct 200304,78828.174.76$22,789
Sep 200304,49326.314.75$21,339
Aug 200304,54129.765.13$23,294
Jul 200304,39029.415.17$22,700
Jun 200304,39428.565.98$26,289
May 200304,91226.595.97$29,338
Apr 200304,53426.675.41$24,517
Mar 200304,96831.146.10$30,285
Feb 200304,86233.487.93$38,536
Jan 200305,49830.315.58$30,690
Dec 200205,51826.914.85$26,783
Nov 200204,91124.664.14$20,317
Oct 200205,78426.464.23$24,461
Sep 200245,62027.443.64$20,540
Aug 200205,13325.963.16$16,242
Jul 200206,03324.583.06$18,472
Jun 200205,53523.733.34$18,477
May 200203,30924.663.58$11,859
Apr 200203,85523.653.51$13,540
Mar 200203,82022.003.10$11,852
Feb 200214,06918.222.38$9,685
Jan 200202,70217.172.38$6,419
Dec 200102,65316.932.36$6,273
Nov 200103,30218.072.41$7,943
Oct 200102,66619.782.53$6,742
Sep 200103,03924.262.25$6,842
Aug 200103,36124.873.05$10,262
Jul 200102,65623.933.20$8,491
Jun 200102,88424.563.82$11,029
May 200103,05925.524.31$13,176
Apr 200102,83024.685.34$15,099
Mar 200103,74424.545.38$20,129
Feb 200102,45827.755.77$14,175
Jan 200103,03027.478.40$25,448
Dec 200003,69826.889.12$33,735
Nov 200003,79832.215.66$21,489
Oct 200004,30631.235.15$22,157
Sep 200004,45031.875.19$23,080
Aug 200004,66729.644.54$21,192
Jul 200005,35528.534.09$21,901
Jun 200004,86529.304.40$21,393
May 200004,23627.263.68$15,587
Apr 200004,69824.513.12$14,639
Mar 200005,95628.422.86$17,033
Feb 200005,75327.622.73$15,686
Jan 200004,18525.272.48$10,381
Dec 199904,64724.282.42$11,263
Nov 199904,75423.192.43$11,571
Oct 1999503,62120.982.80$11,201
Sep 199904,31121.752.62$11,290
Aug 199903,88719.262.88$11,177
Jul 199903,96317.892.37$9,402
Jun 199904,66215.942.36$11,012
May 199904,35515.792.32$10,108
Apr 19991911,91715.102.21$7,117
Mar 199904,31212.471.84$7,927
Feb 199913,5339.981.82$6,432
Jan 199913,60010.381.90$6,850
Dec 199804,9119.201.77$8,709
Nov 199804,82110.892.19$10,537
Oct 199805,51312.421.97$10,856
Sep 199815,43112.592.08$11,323
Aug 199806,25911.301.91$11,938
Jul 199825,73111.742.24$12,845
Jun 199809,75011.242.24$21,813
May 1998018,97812.622.21$41,872
Apr 1998021,48913.042.51$53,837
Mar 1998020,52012.802.31$47,390
Feb 1998018,68213.952.30$42,952
Jan 199807,93114.702.15$17,090
Dec 199708,59716.322.41$20,728
Nov 199707,92318.193.09$24,468
Oct 199708,93019.253.15$28,128
Sep 199709,28917.742.95$27,448
Aug 199709,92617.862.55$25,358
Jul 1997010,14117.582.25$22,786
Jun 1997010,05117.242.26$22,687
May 1997010,53018.972.31$24,309
Apr 1997010,76817.882.08$22,427
Mar 1997012,10518.951.94$23,473
Feb 1997012,31220.492.21$27,159
Jan 1997013,72023.483.54$48,565
Dec 1996015,18923.32$0
Nov 1996016,09321.97$0
Oct 1996012,47123.31$0
Sep 1996011,50222.22$0
Aug 1996014,44520.26$0
Jul 1996018,55719.55$0
Jun 1996016,60818.73$0
May 1996021,12119.43$0
Apr 1996020,48821.51$0
Mar 1996021,81519.38$0
Feb 1996016,18316.98$0
Jan 1996022,43217.07$0
Dec 1995027,45717.19$0
Nov 1995328,75016.00$48
Oct 1995431,88415.43$62
Sep 1995034,26916.18$0
Aug 1995048,98215.92$0
Jul 1995050,17615.24$0
Jun 1995032,39316.41$0

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.

Jan 2015 — as filed, then multipliedworked
Condensate             0 bbl  × $ 43.43 =         $0
Gas                  389 Mcf  × $  3.10 =     $1,206

────────────────────────────────────────────────────
Month total                                   $1,206

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. 05/G/154883 is the state's own key, not one this site invented.