REEVES GAS UNIT

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

Gas lease lease 183845District 06Field 033115802 tax incentive programmesCondensateGasSaveExport
Value, all time
$985 k
May 2001 – Dec 2012
Value, last 12 filed months
$0
at the published price for each month
Months reported
140
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 135 leases and 135 wells, and the rule below applies to all of them.

Discovered
2009-04-14
as the register files it
Field class
Oil and 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 2009-04-14.

The Commission's schedule remark for this field reads: EFFECTIVE AUGUST.

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 Gas112004-02-11155391
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
CondensateDisposition2,331 bbl$76,638
GasProduction212,344 Mcf$907,867
Total$984,504

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 31.8480, -94.5481. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.84795, -94.54807 · 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
9,900 ft
1 wells filed one
Completion to plug
11.5 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 9,900 ft.

Completions filed
Jun 2001
1 of 1 wells
Plug dates filed
Dec 2012
1 of 1 wells

Last completion to plug: a median of 11.5 years across the 1 well that filed both dates, with the middle half between 11.5 years and 11.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4013309419,900 ftJun 2001Dec 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 (140)

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

140 months

Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
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 20090067.423.22$0
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 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 200714082.856.92$1,160
Sep 20070075.846.24$0
Aug 2007200069.066.39$13,812
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
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 20050554.6910.59$53
Oct 200501358.3413.80$179
Sep 2005028261.4512.08$3,406
Aug 2005033161.519.80$3,243
Jul 2005040455.697.84$3,169
Jun 2005079352.337.38$5,853
May 200501,50345.226.65$9,997
Apr 200501,79149.207.36$13,183
Mar 200502,73450.377.15$19,561
Feb 2005102,23245.226.31$14,540
Jan 20052132,03843.166.32$22,078
Dec 200412,01539.866.75$13,643
Nov 200401,90245.286.33$12,040
Oct 200403,06049.706.52$19,936
Sep 200401,79343.245.28$9,474
Aug 200401,42542.375.55$7,910
Jul 20042101,89738.286.08$19,580
Jun 200402,66936.106.43$17,170
May 200401,93737.486.49$12,580
Apr 200401,84234.475.86$10,791
Mar 20041861,83634.365.53$16,544
Feb 200402,22332.455.51$12,248
Jan 200402,43432.036.30$15,333
Dec 200303,01830.266.30$19,018
Nov 200303,25528.804.60$14,957
Oct 200301,75128.174.76$8,334
Sep 20031922,43426.314.75$16,611
Aug 200303,16429.765.13$16,230
Jul 200303,48529.415.17$18,020
Jun 200303,73228.565.98$22,328
May 200303,55626.595.97$21,239
Apr 200303,38626.675.41$18,309
Mar 20031894,98031.146.10$36,244
Feb 200305,40733.487.93$42,855
Jan 200305,48230.315.58$30,601
Dec 20021824,72326.914.85$27,822
Nov 200203,49224.664.14$14,446
Oct 200205,95626.464.23$25,189
Sep 20021794,24127.443.64$20,329
Aug 200203,89325.963.16$12,318
Jul 200204,55424.583.06$13,943
Jun 200203,96423.733.34$13,233
May 20021945,01924.663.58$22,772
Apr 200205,48323.653.51$19,258
Mar 20021805,73822.003.10$21,763
Feb 200215,72618.222.38$13,621
Jan 200206,74717.172.38$16,029
Dec 200107,19316.932.36$17,007
Nov 20011907,52918.072.41$21,544
Oct 200108,37319.782.53$21,174
Sep 20011879,97324.262.25$26,989
Aug 200107,63524.873.05$23,311
Jul 2001218,52323.933.20$59,267
Jun 200115,76824.563.82$22,082
May 200107,00525.524.31$30,173

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.

Oct 2007 — as filed, then multipliedworked
Condensate            14 bbl  × $ 82.85 =     $1,160
Gas                    0 Mcf  × $  6.92 =         $0

────────────────────────────────────────────────────
Month total                                   $1,160

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. 06/G/183845 is the state's own key, not one this site invented.