NAIL -B-

Name: NAIL -B- lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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

Gas lease lease 29989District 06Field 16032650CondensateGasSave Export

Value, all time

$523 k

Jan 1993 – Mar 2010

Value, last 12 filed months

$6 k

at the published price for each month

Months reported

207

no gaps in the span

Streams

condensate, gas

The CARTHAGE (PETTIT, LOWER GAS) field

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 588 leases and 588 wells, and the rule below applies to all of them.

Discovered

1942-04-03

as the register files it

Field class

Gas

the register's own label

Between wells

3,960 ft

minimum

From a lease line

1,320 ft

minimum

A drilling unit in this field needs at least 640 acres.

The Commission's schedule remark for this field reads: “EFFECTIVE JUNE.”

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.

Stream	Basis	Volume	Value
Condensate	Disposition	465 bbl	$12,956
Gas	Production	195,582 Mcf	$510,359
Total			$523,315

82,805 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 32.0596, -94.4424. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.05965, -94.44240 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

0.0%

0 of 1 wells

Median depth

6,155 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

00.0%

BothOn the schedule and plugged. Neither fact cancels the other.

00.0%

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 6,155 ft.

Completions filed

Mar 2010

1 of 1 wells

1 well


42-36501765	1	6,155 ft	Mar 2010	—	Yes

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 (207)

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

207 months


Mar 2010	0	72	78.39	4.39	$316
Feb 2010	0	104	73.58	5.44	$566
Jan 2010	0	114	74.36	5.96	$680
Dec 2009	0	126	71.44	5.48	$691
Nov 2009	0	129	74.59	3.75	$484
Oct 2009	0	120	72.54	4.11	$493
Sep 2009	0	134	65.54	3.06	$411
Aug 2009	0	162	67.42	3.22	$521
Jul 2009	0	113	61.13	3.46	$391
Jun 2009	0	150	66.16	3.90	$584
May 2009	0	137	54.74	3.93	$538
Apr 2009	0	193	46.77	3.59	$692
Mar 2009	0	235	42.14	4.06	$954
Feb 2009	0	145	32.81	4.63	$672
Jan 2009	0	448	35.86	5.37	$2,406
Dec 2008	0	390	37.10	5.98	$2,331
Nov 2008	0	537	55.49	6.86	$3,684
Oct 2008	0	658	75.24	6.92	$4,555
Sep 2008	0	708	101.76	7.88	$5,577
Aug 2008	0	997	114.22	8.48	$8,458
Jul 2008	0	1,383	131.08	11.39	$15,752
Jun 2008	0	1,026	131.33	13.03	$13,371
May 2008	0	1,073	123.17	11.57	$12,419
Apr 2008	0	1,079	110.31	10.45	$11,281
Mar 2008	0	1,139	101.90	9.66	$11,007
Feb 2008	0	1,092	92.53	8.77	$9,577
Jan 2008	0	1,158	90.38	8.21	$9,502
Dec 2007	0	1,162	88.33	7.30	$8,485
Nov 2007	0	1,184	91.67	7.29	$8,633
Oct 2007	0	1,331	82.85	6.92	$9,213
Sep 2007	0	1,389	75.84	6.24	$8,673
Aug 2007	0	1,786	69.06	6.39	$11,409
Jul 2007	0	391	70.90	6.39	$2,498
Jun 2007	0	247	62.00	7.55	$1,864
May 2007	0	180	58.74	7.85	$1,412
Apr 2007	0	200	59.61	7.81	$1,561
Mar 2007	0	230	56.92	7.30	$1,679
Feb 2007	0	272	55.10	8.22	$2,235
Jan 2007	0	840	50.30	6.73	$5,651
Dec 2006	0	1,215	56.65	6.92	$8,406
Nov 2006	0	1,145	54.20	7.62	$8,722
Oct 2006	0	1,264	54.90	6.01	$7,601
Sep 2006	0	1,351	60.08	5.04	$6,805
Aug 2006	0	2,152	68.71	7.34	$15,796
Jul 2006	0	1,341	69.37	6.34	$8,506
Jun 2006	0	1,392	66.28	6.38	$8,886
May 2006	0	1,400	66.01	6.42	$8,995
Apr 2006	0	1,480	64.39	7.36	$10,894
Mar 2006	0	791	56.70	7.08	$5,603
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	0	0	58.34	13.80	$0
Sep 2005	0	0	61.45	12.08	$0
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	0	0	55.69	7.84	$0
Jun 2005	0	0	52.33	7.38	$0
May 2005	0	0	45.22	6.65	$0
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	0	0	50.37	7.15	$0
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	0	0	36.10	6.43	$0
May 2004	0	0	37.48	6.49	$0
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	0	0	32.03	6.30	$0
Dec 2003	0	0	30.26	6.30	$0
Nov 2003	0	0	28.80	4.60	$0
Oct 2003	0	40	28.17	4.76	$190
Sep 2003	0	116	26.31	4.75	$551
Aug 2003	0	114	29.76	5.13	$585
Jul 2003	0	139	29.41	5.17	$719
Jun 2003	0	159	28.56	5.98	$951
May 2003	0	164	26.59	5.97	$980
Apr 2003	0	146	26.67	5.41	$789
Mar 2003	0	140	31.14	6.10	$853
Feb 2003	0	160	33.48	7.93	$1,268
Jan 2003	0	143	30.31	5.58	$798
Dec 2002	0	137	26.91	4.85	$665
Nov 2002	0	130	24.66	4.14	$538
Oct 2002	0	102	26.46	4.23	$431
Sep 2002	0	115	27.44	3.64	$418
Aug 2002	0	140	25.96	3.16	$443
Jul 2002	0	114	24.58	3.06	$349
Jun 2002	0	105	23.73	3.34	$351
May 2002	0	116	24.66	3.58	$416
Apr 2002	0	109	23.65	3.51	$383
Mar 2002	0	92	22.00	3.10	$285
Feb 2002	0	106	18.22	2.38	$252
Jan 2002	0	114	17.17	2.38	$271
Dec 2001	0	115	16.93	2.36	$272
Nov 2001	0	115	18.07	2.41	$277
Oct 2001	4	136	19.78	2.53	$423
Sep 2001	4	144	24.26	2.25	$421
Aug 2001	4	149	24.87	3.05	$554
Jul 2001	1	182	23.93	3.20	$606
Jun 2001	11	348	24.56	3.82	$1,601
May 2001	13	366	25.52	4.31	$1,908
Apr 2001	13	297	24.68	5.34	$1,905
Mar 2001	58	1,397	24.54	5.38	$8,934
Feb 2001	46	1,196	27.75	5.77	$8,174
Jan 2001	61	1,283	27.47	8.40	$12,451
Dec 2000	49	1,302	26.88	9.12	$13,195
Nov 2000	39	1,317	32.21	5.66	$8,708
Oct 2000	33	1,426	31.23	5.15	$8,368
Sep 2000	26	1,540	31.87	5.19	$8,816
Aug 2000	28	1,500	29.64	4.54	$7,641
Jul 2000	23	1,581	28.53	4.09	$7,122
Jun 2000	27	1,221	29.30	4.40	$6,160
May 2000	13	1,411	27.26	3.68	$5,547
Apr 2000	12	1,289	24.51	3.12	$4,311
Mar 2000	0	1,617	28.42	2.86	$4,624
Feb 2000	0	1,336	27.62	2.73	$3,643
Jan 2000	0	1,650	25.27	2.48	$4,093
Dec 1999	0	1,619	24.28	2.42	$3,924
Nov 1999	0	1,428	23.19	2.43	$3,476
Oct 1999	0	1,581	20.98	2.80	$4,433
Sep 1999	0	1,572	21.75	2.62	$4,117
Aug 1999	0	1,061	19.26	2.88	$3,051
Jul 1999	0	1,256	17.89	2.37	$2,980
Jun 1999	0	1,440	15.94	2.36	$3,401
May 1999	0	1,799	15.79	2.32	$4,176
Apr 1999	0	1,314	15.10	2.21	$2,901
Mar 1999	0	1,358	12.47	1.84	$2,496
Feb 1999	0	1,392	9.98	1.82	$2,530
Jan 1999	0	1,508	10.38	1.90	$2,865
Dec 1998	0	1,555	9.20	1.77	$2,758
Nov 1998	0	1,547	10.89	2.19	$3,381
Oct 1998	0	1,191	12.42	1.97	$2,345
Sep 1998	0	1,481	12.59	2.08	$3,084
Aug 1998	0	1,364	11.30	1.91	$2,602
Jul 1998	0	1,275	11.74	2.24	$2,853
Jun 1998	0	1,478	11.24	2.24	$3,307
May 1998	0	1,779	12.62	2.21	$3,925
Apr 1998	0	1,709	13.04	2.51	$4,282
Mar 1998	0	36	12.80	2.31	$83
Feb 1998	0	193	13.95	2.30	$444
Jan 1998	0	1,412	14.70	2.15	$3,043
Dec 1997	0	1,908	16.32	2.41	$4,600
Nov 1997	0	1,264	18.19	3.09	$3,904
Oct 1997	0	1,319	19.25	3.15	$4,155
Sep 1997	0	1,430	17.74	2.95	$4,225
Aug 1997	0	1,377	17.86	2.55	$3,518
Jul 1997	0	1,577	17.58	2.25	$3,543
Jun 1997	0	1,654	17.24	2.26	$3,733
May 1997	0	1,556	18.97	2.31	$3,592
Apr 1997	0	1,410	17.88	2.08	$2,937
Mar 1997	0	1,631	18.95	1.94	$3,163
Feb 1997	0	1,455	20.49	2.21	$3,210
Jan 1997	0	1,864	23.48	3.54	$6,598
Dec 1996	0	1,504	23.32	—	$0
Nov 1996	0	1,805	21.97	—	$0
Oct 1996	0	1,892	23.31	—	$0
Sep 1996	0	1,394	22.22	—	$0
Aug 1996	0	1,806	20.26	—	$0
Jul 1996	0	1,787	19.55	—	$0
Jun 1996	0	1,170	18.73	—	$0
May 1996	0	1,800	19.43	—	$0
Apr 1996	0	2,207	21.51	—	$0
Mar 1996	0	1,497	19.38	—	$0
Feb 1996	0	1,597	16.98	—	$0
Jan 1996	0	1,199	17.07	—	$0
Dec 1995	0	961	17.19	—	$0
Nov 1995	0	1,822	16.00	—	$0
Oct 1995	0	1,792	15.43	—	$0
Sep 1995	0	1,425	16.18	—	$0
Aug 1995	0	1,595	15.92	—	$0
Jul 1995	0	1,440	15.24	—	$0
Jun 1995	0	1,333	16.41	—	$0
May 1995	0	1,616	17.56	—	$0
Apr 1995	0	1,789	17.73	—	$0
Mar 1995	0	1,756	16.44	—	$0
Feb 1995	0	1,677	16.58	—	$0
Jan 1995	0	2,056	15.92	—	$0
Dec 1994	0	1,743	15.03	—	$0
Nov 1994	0	1,960	15.90	—	$0
Oct 1994	0	2,141	15.58	—	$0
Sep 1994	0	2,010	15.29	—	$0
Aug 1994	0	1,404	16.13	—	$0
Jul 1994	0	1,584	17.56	—	$0
Jun 1994	0	1,433	17.09	—	$0
May 1994	0	2,076	15.88	—	$0
Apr 1994	0	1,950	14.14	—	$0
Mar 1994	0	2,089	12.46	—	$0
Feb 1994	0	1,507	12.50	—	$0
Jan 1994	0	1,728	12.66	—	$0
Dec 1993	0	2,044	12.33	—	$0
Nov 1993	0	1,598	14.49	—	$0
Oct 1993	0	1,640	15.85	—	$0
Sep 1993	0	2,001	15.03	—	$0
Aug 1993	0	1,841	15.66	—	$0
Jul 1993	0	1,649	15.46	—	$0
Jun 1993	0	1,753	16.79	—	$0
May 1993	0	1,808	17.68	—	$0
Apr 1993	0	2,150	18.05	—	$0
Mar 1993	0	2,307	18.14	—	$0
Feb 1993	0	1,410	17.90	—	$0
Jan 1993	0	2,059	16.93	—	$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.

Mar 2010 — as filed, then multipliedworked

Condensate             0 bbl  × $ 78.39 =         $0
Gas                   72 Mcf  × $  4.39 =       $316

────────────────────────────────────────────────────
Month total                                     $316

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/29989 is the state's own key, not one this site invented.