ZANE 24

Name: ZANE 24 lease production and value, Oct 2004 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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

Gas lease lease 208444District 08Field 024912602 tax incentive programmesCondensateGasSave Export

Value, all time

$14.1 M

Oct 2004 – Sep 2018

Value, last 12 filed months

$3 k

at the published price for each month

Months reported

168

no gaps in the span

Streams

condensate, gas

The ANAKIN (PENN) 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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered

2003-09-08

as the register files it

Field class

Gas

the register's own label

Between wells

2,640 ft

minimum

From a lease line

1,320 ft

minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 2006-07-06.

The Commission's schedule remark for this field reads: “WITH 4500'DIAGONAL AND MADE IT PERMANENT.”

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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	2007-01-09	172173
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	191 bbl	$14,630
Gas	Production	1,943,440 Mcf	$14,131,275
Total			$14,145,906

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 31.9540, -103.6120. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.95397, -103.61203 · 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

100.0%

1 of 1 wells

Median depth

16,140 ft

1 wells filed one

Completion to plug

14.0 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 16,140 ft.

Completions filed

Oct 2004

1 of 1 wells

Plug dates filed

Oct 2018

1 of 1 wells

Last completion to plug: a median of 14.0 years across the 1 well that filed both dates, with the middle half between 14.0 years and 14.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-30131160	2	16,140 ft	Oct 2004	Oct 2018	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 (168)

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

168 months


Sep 2018	43	0	59.54	3.11	$2,560
Aug 2018	0	0	59.40	3.07	$0
Jul 2018	0	0	65.14	2.93	$0
Jun 2018	0	0	60.18	3.08	$0
May 2018	0	0	65.38	2.90	$0
Apr 2018	0	0	63.84	2.90	$0
Mar 2018	0	0	61.22	2.79	$0
Feb 2018	0	0	61.78	2.77	$0
Jan 2018	0	0	62.87	4.01	$0
Dec 2017	0	0	57.27	2.92	$0
Nov 2017	0	0	55.42	3.12	$0
Oct 2017	0	0	49.29	2.98	$0
Sep 2017	0	0	47.52	3.09	$0
Aug 2017	0	0	45.37	3.00	$0
Jul 2017	0	210	43.87	3.09	$648
Jun 2017	0	372	42.49	3.09	$1,148
May 2017	0	724	45.37	3.26	$2,363
Apr 2017	0	382	47.93	3.21	$1,227
Mar 2017	0	931	46.77	2.98	$2,778
Feb 2017	0	618	50.45	2.95	$1,825
Jan 2017	0	590	49.41	3.42	$2,017
Dec 2016	0	400	48.76	3.72	$1,489
Nov 2016	0	958	42.49	2.64	$2,533
Oct 2016	0	768	46.19	3.09	$2,373
Sep 2016	0	755	41.55	3.10	$2,341
Aug 2016	0	319	41.44	2.92	$933
Jul 2016	0	1,338	41.62	2.92	$3,913
Jun 2016	0	1,231	45.35	2.69	$3,306
May 2016	0	1,131	42.52	1.99	$2,252
Apr 2016	0	3,890	36.56	1.99	$7,745
Mar 2016	0	3,416	33.01	1.79	$6,128
Feb 2016	0	1,002	26.47	2.06	$2,068
Jan 2016	0	1,547	27.35	2.36	$3,658
Dec 2015	0	1,686	32.36	2.00	$3,374
Nov 2015	0	493	38.79	2.17	$1,068
Oct 2015	0	2,032	43.55	2.43	$4,931
Sep 2015	0	2,185	42.99	2.76	$6,027
Aug 2015	0	2,872	40.16	2.87	$8,250
Jul 2015	0	883	48.15	2.95	$2,601
Jun 2015	0	2,815	56.15	2.88	$8,115
May 2015	1	680	55.21	2.96	$2,065
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	3,169	42.89	2.93	$9,300
Feb 2015	0	2,043	44.66	2.98	$6,080
Jan 2015	0	2,483	43.43	3.10	$7,699
Dec 2014	0	2,044	54.69	3.59	$7,341
Nov 2014	0	4,385	70.46	4.25	$18,644
Oct 2014	0	1,859	78.30	3.90	$7,252
Sep 2014	0	4,473	86.16	4.05	$18,095
Aug 2014	0	815	89.39	4.04	$3,289
Jul 2014	0	1,099	96.56	4.18	$4,593
Jun 2014	0	699	98.16	4.74	$3,311
May 2014	0	2,503	94.73	4.73	$11,831
Apr 2014	0	1,254	95.94	4.81	$6,031
Mar 2014	0	2,382	95.89	5.06	$12,045
Feb 2014	0	2,002	97.40	6.19	$12,396
Jan 2014	0	2,476	90.40	4.86	$12,035
Dec 2013	0	2,073	91.82	4.35	$9,027
Nov 2013	0	1,946	88.85	3.74	$7,275
Oct 2013	0	2,784	97.42	3.78	$10,522
Sep 2013	0	1,798	104.11	3.72	$6,685
Aug 2013	0	2,622	104.25	3.52	$9,236
Jul 2013	0	2,508	102.52	3.72	$9,324
Jun 2013	0	2,941	94.40	3.93	$11,568
May 2013	0	1,890	94.83	4.15	$7,842
Apr 2013	0	1,907	93.96	4.28	$8,167
Mar 2013	0	1,369	93.62	3.91	$5,357
Feb 2013	0	875	91.23	3.42	$2,992
Jan 2013	0	865	91.60	3.42	$2,958
Dec 2012	0	599	86.77	3.42	$2,049
Nov 2012	0	2,052	86.95	3.62	$7,438
Oct 2012	0	2,145	89.38	3.40	$7,292
Sep 2012	0	2,199	94.67	2.92	$6,418
Aug 2012	0	1,946	92.66	2.91	$5,659
Jul 2012	0	3,090	85.13	3.02	$9,334
Jun 2012	0	2,987	79.82	2.52	$7,524
May 2012	0	2,016	91.61	2.49	$5,016
Apr 2012	0	1,490	101.65	2.00	$2,975
Mar 2012	0	2,706	105.05	2.22	$6,013
Feb 2012	0	934	101.10	2.57	$2,401
Jan 2012	0	3,021	98.09	2.73	$8,260
Dec 2011	100	3,399	96.87	3.24	$20,699
Nov 2011	0	3,486	95.72	3.31	$11,543
Oct 2011	0	4,210	84.98	3.65	$15,360
Sep 2011	0	2,009	83.62	3.99	$8,007
Aug 2011	0	3,572	83.40	4.15	$14,821
Jul 2011	0	3,339	94.14	4.52	$15,083
Jun 2011	0	3,599	92.90	4.64	$16,699
May 2011	0	2,977	98.13	4.40	$13,113
Apr 2011	0	3,238	105.96	4.33	$14,031
Mar 2011	0	3,475	96.36	4.06	$14,099
Feb 2011	0	1,477	85.64	4.18	$6,174
Jan 2011	0	4,014	86.50	4.59	$18,419
Dec 2010	0	4,539	85.73	4.35	$19,734
Nov 2010	0	4,238	80.84	3.80	$16,085
Oct 2010	0	4,475	78.10	3.51	$15,702
Sep 2010	0	4,042	72.63	3.98	$16,085
Aug 2010	0	4,854	73.68	4.42	$21,452
Jul 2010	0	5,381	72.55	4.74	$25,487
Jun 2010	0	5,562	70.36	4.91	$27,312
May 2010	0	5,554	71.12	4.24	$23,522
Apr 2010	0	5,041	81.69	4.12	$20,782
Mar 2010	0	5,790	78.39	4.39	$25,410
Feb 2010	0	5,620	73.58	5.44	$30,586
Jan 2010	0	5,348	74.36	5.96	$31,896
Dec 2009	0	5,195	71.44	5.48	$28,488
Nov 2009	0	5,585	74.59	3.75	$20,952
Oct 2009	0	5,899	72.54	4.11	$24,246
Sep 2009	0	6,118	65.54	3.06	$18,750
Aug 2009	0	6,103	67.42	3.22	$19,643
Jul 2009	0	6,434	61.13	3.46	$22,291
Jun 2009	0	7,130	66.16	3.90	$27,771
May 2009	0	7,405	54.74	3.93	$29,070
Apr 2009	0	6,921	46.77	3.59	$24,829
Mar 2009	0	7,439	42.14	4.06	$30,195
Feb 2009	0	7,289	32.81	4.63	$33,770
Jan 2009	0	9,371	35.86	5.37	$50,332
Dec 2008	0	9,253	37.10	5.98	$55,306
Nov 2008	0	9,797	55.49	6.86	$67,211
Oct 2008	0	10,844	75.24	6.92	$75,062
Sep 2008	0	11,285	101.76	7.88	$88,893
Aug 2008	0	12,832	114.22	8.48	$108,854
Jul 2008	0	13,358	131.08	11.39	$152,140
Jun 2008	0	12,777	131.33	13.03	$166,518
May 2008	0	13,599	123.17	11.57	$157,399
Apr 2008	0	13,926	110.31	10.45	$145,594
Mar 2008	0	13,485	101.90	9.66	$130,320
Feb 2008	0	12,069	92.53	8.77	$105,852
Jan 2008	0	15,688	90.38	8.21	$128,731
Dec 2007	0	16,471	88.33	7.30	$120,271
Nov 2007	0	16,941	91.67	7.29	$123,529
Oct 2007	0	18,289	82.85	6.92	$126,596
Sep 2007	0	18,986	75.84	6.24	$118,552
Aug 2007	0	19,802	69.06	6.39	$126,494
Jul 2007	0	19,122	70.90	6.39	$122,150
Jun 2007	0	19,805	62.00	7.55	$149,497
May 2007	0	19,815	58.74	7.85	$155,474
Apr 2007	0	16,184	59.61	7.81	$126,319
Mar 2007	0	15,949	56.92	7.30	$116,459
Feb 2007	0	15,785	55.10	8.22	$129,690
Jan 2007	0	18,560	50.30	6.73	$124,850
Dec 2006	0	20,652	56.65	6.92	$142,880
Nov 2006	0	27,019	54.20	7.62	$205,817
Oct 2006	0	27,111	54.90	6.01	$163,040
Sep 2006	0	30,346	60.08	5.04	$152,859
Aug 2006	0	31,714	68.71	7.34	$232,778
Jul 2006	0	30,581	69.37	6.34	$193,968
Jun 2006	0	31,907	66.28	6.38	$203,690
May 2006	0	32,246	66.01	6.42	$207,181
Apr 2006	0	32,814	64.39	7.36	$241,527
Mar 2006	0	32,063	56.70	7.08	$227,100
Feb 2006	0	30,063	57.59	7.75	$233,022
Jan 2006	0	42,277	60.59	8.93	$377,674
Dec 2005	0	47,038	54.94	13.42	$631,034
Nov 2005	0	48,136	54.69	10.59	$509,683
Oct 2005	0	48,148	58.34	13.80	$664,238
Sep 2005	0	49,835	61.45	12.08	$601,957
Aug 2005	0	52,450	61.51	9.80	$513,844
Jul 2005	0	49,259	55.69	7.84	$386,370
Jun 2005	0	57,832	52.33	7.38	$426,860
May 2005	0	62,461	45.22	6.65	$415,438
Apr 2005	16	65,858	49.20	7.36	$485,534
Mar 2005	0	72,356	50.37	7.15	$517,699
Feb 2005	0	69,230	45.22	6.31	$436,974
Jan 2005	0	78,183	43.16	6.32	$494,289
Dec 2004	0	81,732	39.86	6.75	$551,779
Nov 2004	0	52,088	45.28	6.33	$329,739
Oct 2004	31	78,614	49.70	6.52	$513,719

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.

Sep 2018 — as filed, then multipliedworked

Condensate            43 bbl  × $ 59.54 =     $2,560
Gas                    0 Mcf  × $  3.11 =         $0

────────────────────────────────────────────────────
Month total                                   $2,560

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. 08/G/208444 is the state's own key, not one this site invented.