STATE MERCURY

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

Gas lease lease 283678District 08Field 80544500Hydrogen sulphide fieldNGPA filingCondensateGasSaveExport
Value, all time
$21.8 M
Mar 2015 – May 2026
Value, last 12 filed months
$495 k
at the published price for each month
Months reported
135
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 1,654 leases and 2,003 wells, and the rule below applies to all of them.

Discovered
2010-09-15
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2015-08-25.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: DKT08-0319479 ORDER NUNC PRO TUNC REGARDING SWR13

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
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
CondensateDisposition327,068 bbl$17,559,711
GasProduction1,390,859 Mcf$4,228,771
Total$21,788,482

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 31.9859, -103.6553. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.98595, -103.65529 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
10,484 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
00.0%
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.
1100.0%

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 10,484 ft.

Completions filed
Mar 2015
1 of 1 wells

1 well

42-3013238911H10,484 ftMar 2015

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 (135)

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

135 months

May 20263968,876106.413.05$69,173
Apr 20263894,69298.932.87$51,949
Mar 20266737,00589.753.15$82,464
Feb 20266124,68963.503.75$56,447
Jan 202672059.138.00$4,257
Dec 20250056.664.41$0
Nov 20253023,50258.593.93$31,445
Oct 20253523,32559.383.30$31,890
Sep 20253814,32362.743.08$37,205
Aug 20253994,91163.933.01$40,314
Jul 20254234,87966.743.32$44,406
Jun 20254584,87566.483.13$45,700
May 20255375,22060.553.23$49,388
Apr 20255874,98762.363.54$54,275
Mar 20255595,19467.704.27$60,014
Feb 20254854,88870.884.34$55,595
Jan 20255625,75074.324.28$66,370
Dec 20245386,30668.993.12$56,800
Nov 20245355,73169.052.20$49,541
Oct 20244106,46871.372.28$44,018
Sep 20245056,51469.612.36$50,554
Aug 20245306,23475.632.06$52,949
Jul 20245706,09479.932.15$58,641
Jun 20246326,05378.082.63$65,290
May 20247036,27678.812.20$69,201
Apr 20246515,84684.451.66$64,677
Mar 20247476,32280.301.55$69,752
Feb 20246985,75376.091.78$63,372
Jan 20248735,97773.023.30$83,457
Dec 20237426,00271.262.61$68,544
Nov 20237895,40377.892.81$76,624
Oct 20236706,33785.443.09$76,809
Sep 20237616,86289.042.74$86,527
Aug 20239217,29480.522.67$93,655
Jul 20239066,63974.852.64$85,353
Jun 20239397,07768.962.26$80,737
May 20231,0247,01970.622.23$87,949
Apr 20239916,50578.122.24$91,974
Mar 20231,2627,87372.852.39$110,778
Feb 20235943,34475.112.47$52,861
Jan 20239545,17776.533.39$90,548
Dec 20229995,22176.415.73$106,245
Nov 20221,1495,49985.005.65$128,713
Oct 20221,2145,38887.185.86$137,430
Sep 20222,9296,31684.888.16$300,175
Aug 20221,7565,49194.529.13$216,094
Jul 20221,3147,324101.587.54$188,714
Jun 20221,4096,973115.097.98$217,787
May 20221,2956,633109.378.43$197,571
Apr 20221,4336,613104.226.84$194,564
Mar 20221,6356,380108.885.08$210,406
Feb 20221,7335,44691.054.86$184,251
Jan 20222,0364,98081.844.54$189,224
Dec 20211,1923,43671.323.90$98,411
Nov 20211,0782,81177.435.24$98,190
Oct 20219782,71579.795.71$93,548
Sep 20211,0793,82469.865.35$95,841
Aug 20211,3494,05966.024.22$106,192
Jul 20211,3614,17670.783.98$112,961
Jun 20211,4374,19969.493.38$114,052
May 20211,5534,19763.483.02$111,250
Apr 20211,4123,95460.362.76$96,135
Mar 20211,4383,87361.302.72$98,672
Feb 20219642,70557.805.55$70,726
Jan 20216051,76850.412.81$35,467
Dec 20203183744.642.68$14,295
Nov 20203946,30538.772.71$32,340
Oct 20208926,01736.972.48$47,890
Sep 20201,0985,28037.091.99$51,238
Aug 20201,4507,13039.982.39$74,977
Jul 20202,0287,76738.371.83$91,990
Jun 20201,7387,80334.901.69$73,846
May 20201,5767,27916.921.81$39,875
Apr 20201,5856,71014.751.80$35,486
Mar 20201,8106,41030.341.86$66,814
Feb 20201,0003,20649.881.98$56,230
Jan 20201,8817,55657.252.09$123,515
Dec 20191,7317,72359.012.30$119,943
Nov 20192,2367,87955.302.75$145,324
Oct 20192,4578,08353.472.42$150,925
Sep 20191,6597,00555.052.66$109,942
Aug 20191,5538,76753.112.30$102,682
Jul 20192,0029,28956.272.46$135,504
Jun 20191,9498,87752.782.49$124,983
May 20192,3628,01858.482.74$160,102
Apr 20194,88510,34862.632.75$334,412
Mar 20193,9957,52056.803.06$249,943
Feb 20191,6421,66150.852.79$88,134
Jan 20191,2223,32946.033.23$66,995
Dec 20181,3466,46546.594.19$89,769
Nov 20181,9145,50352.934.24$124,626
Oct 20181,6835,54261.443.40$122,236
Sep 20182,06410,95459.543.11$156,936
Aug 20182,29614,05259.403.07$179,474
Jul 20182,14815,19465.142.93$184,468
Jun 20182,55715,39060.183.08$201,234
May 20182,8499,22765.382.90$213,033
Apr 20182,0716,87563.842.90$152,156
Mar 20182,54014,93961.222.79$197,131
Feb 20182,56115,88361.782.77$202,153
Jan 20182,77714,84462.874.01$234,104
Dec 20172,95216,49357.272.92$217,246
Nov 20173,17118,54155.423.12$233,554
Oct 20173,06312,79149.292.98$189,140
Sep 20172,85416,18047.523.09$185,574
Aug 20173,59718,12145.373.00$217,639
Jul 20173,58818,79643.873.09$215,434
Jun 20173,57717,79042.493.09$206,909
May 20173,46120,39045.373.26$223,566
Apr 20173,66919,53447.933.21$238,591
Mar 20174,22620,71746.772.98$259,463
Feb 20174,02617,62250.452.95$255,142
Jan 20174,62716,44149.413.42$284,829
Dec 20162,69113,50848.763.72$181,501
Nov 20162,92418,91342.492.64$174,253
Oct 20164,69531,10146.193.09$312,972
Sep 20163,75625,95041.553.10$236,523
Aug 20164,36727,70041.442.92$261,973
Jul 20164,84630,91841.622.92$292,105
Jun 20165,47627,04045.352.69$320,961
May 20166,44125,67742.521.99$324,995
Apr 20166,05116,49336.561.99$254,063
Mar 20165,97112,00333.011.79$218,636
Feb 20161,1532,36026.472.06$35,390
Jan 20163,92714,95627.352.36$142,765
Dec 20154,71114,52232.362.00$181,512
Nov 20155,47721,82438.792.17$259,753
Oct 20156,97833,78843.552.43$385,881
Sep 20157,31431,76842.992.76$402,058
Aug 20159,86329,03440.162.87$479,498
Jul 201512,11624,42248.152.95$655,310
Jun 20159,15225,26556.152.88$586,720
May 201533,49787,20555.212.96$2,107,099
Apr 201514,10225,93449.822.71$772,754
Mar 201501,99242.892.93$5,846

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.

May 2026 — as filed, then multipliedworked
Condensate           396 bbl  × $106.41 =    $42,138
Gas                8,876 Mcf  × $  3.05 =    $27,035

────────────────────────────────────────────────────
Month total                                  $69,173

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/283678 is the state's own key, not one this site invented.