ADAMS "A-1" GAS UNIT

Operated by EOG RESOURCES, INC. (P-5 253162) in the NACONICHE CREEK (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 231344District 06Field 643002872 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.3 M
Aug 2007 – Jan 2013
Value, last 12 filed months
$7 k
at the published price for each month
Months reported
66
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 373 leases and 373 wells, and the rule below applies to all of them.

Discovered
2005-09-27
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 2005-09-27.

The Commission's schedule remark for this field reads: BY HEARING.

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 Gas112009-07-23192846
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
CondensateDisposition2,409 bbl$168,475
GasProduction278,849 Mcf$2,148,743
Total$2,317,218

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 31.8369, -94.5487. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.83694, -94.54868 · 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
9,890 ft
1 wells filed one
Completion to plug
5.4 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 9,890 ft.

Completions filed
Aug 2007
1 of 1 wells
Plug dates filed
Jan 2013
1 of 1 wells

Last completion to plug: a median of 5.4 years across the 1 well that filed both dates, with the middle half between 5.4 years and 5.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3473256369,890 ftAug 2007Jan 2013Yes

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 (66)

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

66 months

Jan 20130091.603.42$0
Dec 20120886.773.42$27
Nov 201201286.953.62$44
Oct 201202389.383.40$78
Sep 201201494.672.92$41
Aug 201202692.662.91$76
Jul 201218685.133.02$345
Jun 2012610679.822.52$746
May 20121917491.612.49$2,174
Apr 201210208101.652.00$1,432
Mar 20126262105.052.22$1,212
Feb 20122168101.102.57$634
Jan 201230098.092.73$2,943
Dec 20113731496.873.24$4,601
Nov 2011391,40795.723.31$8,392
Oct 2011662,54684.983.65$14,898
Sep 2011322,53783.623.99$12,788
Aug 201103,14983.404.15$13,066
Jul 201175094.144.52$7,061
Jun 2011084292.904.64$3,907
May 2011531,25398.134.40$10,720
Apr 20111885105.964.33$3,941
Mar 2011123996.364.06$1,315
Feb 2011168785.644.18$1,734
Jan 2011307386.504.59$2,930
Dec 20101121,08585.734.35$14,319
Nov 201003,25680.843.80$12,358
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 2010030673.684.42$1,352
Jul 2010017272.554.74$815
Jun 2010019970.364.91$977
May 2010016771.124.24$707
Apr 2010017381.694.12$713
Mar 201007378.394.39$320
Feb 2010015473.585.44$838
Jan 2010010574.365.96$626
Dec 200902971.445.48$159
Nov 200924074.593.75$299
Oct 2009111172.544.11$529
Sep 20090065.543.06$0
Aug 200925567.423.22$312
Jul 2009413961.133.46$726
Jun 2009412166.163.90$736
May 2009916354.743.93$1,133
Apr 20092136846.773.59$2,302
Mar 20095957042.144.06$4,800
Feb 200923153832.814.63$10,072
Jan 20095214,71435.865.37$44,002
Dec 20081788,59737.105.98$57,989
Nov 20081007,50055.496.86$57,002
Oct 2008289,41575.246.92$67,277
Sep 20082010,019101.767.88$80,956
Aug 20084311,085114.228.48$98,946
Jul 20083710,398131.0811.39$123,277
Jun 20086111,619131.3313.03$159,437
May 200810412,510123.1711.57$157,604
Apr 20084211,833110.3110.45$128,345
Mar 20084412,669101.909.66$126,918
Feb 20088313,24592.538.77$123,846
Jan 20088515,13690.388.21$131,884
Dec 20077817,16888.337.30$132,250
Nov 20077418,80791.677.29$143,919
Oct 20073122,47282.856.92$158,119
Sep 2007031,94375.846.24$199,457
Aug 2007027,67669.066.39$176,793

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.

Dec 2012 — as filed, then multipliedworked
Condensate             0 bbl  × $ 86.77 =         $0
Gas                    8 Mcf  × $  3.42 =        $27

────────────────────────────────────────────────────
Month total                                      $27

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/231344 is the state's own key, not one this site invented.