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 283691District 08Field 80544500Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$27.2 M
May 2014 – May 2026
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
145
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
High Cost Gas112018-12-13221089
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
CondensateDisposition252,078 bbl$17,717,814
GasProduction2,917,338 Mcf$9,475,855
Total$27,193,669

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 32.0001, -103.6651. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

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
8,904 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 8,904 ft.

Completions filed
May 2014
1 of 1 wells

1 well

42-301320681H8,904 ftMay 2014

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 (145)

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

145 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 202564058.593.93$3,750
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 202328085.443.09$2,392
Sep 2023170089.042.74$15,137
Aug 2023267980.522.67$1,976
Jul 202385574.852.64$744
Jun 20231851,19468.962.26$15,454
May 20233754,39270.622.23$36,265
Apr 20233985,63578.122.24$43,702
Mar 20231982,83872.852.39$21,216
Feb 202308675.112.47$212
Jan 20230176.533.39$3
Dec 20220076.415.73$0
Nov 2022190085.005.65$16,150
Oct 20221974,27987.185.86$42,265
Sep 20221881,56984.888.16$28,766
Aug 2022185594.529.13$7,898
Jul 202275310,759101.587.54$157,635
Jun 20229499,863115.097.98$187,900
May 202239610,685109.378.43$133,418
Apr 202270913,351104.226.84$165,181
Mar 202279211,094108.885.08$142,551
Feb 20225679,78791.054.86$99,179
Jan 202298911,24281.844.54$131,952
Dec 202159112,53371.323.90$91,018
Nov 20210077.435.24$0
Oct 202179210,17379.795.71$121,321
Sep 20213823,79769.865.35$47,004
Aug 20210066.024.22$0
Jul 20213813,03270.783.98$39,041
Jun 202158210,71269.493.38$76,656
May 202175912,21863.483.02$85,051
Apr 202158013,23160.362.76$71,505
Mar 20211,14914,33061.302.72$109,367
Feb 20219628,57757.805.55$103,188
Jan 2021573050.412.81$28,885
Dec 202001944.642.68$51
Nov 20200038.772.71$0
Oct 202077417,38336.972.48$71,697
Sep 202057221,58537.091.99$64,192
Aug 202055821,86939.982.39$74,469
Jul 20201,09223,08238.371.83$84,027
Jun 202074825,28334.901.69$68,841
May 202056616,78316.921.81$40,034
Apr 202094424,55714.751.80$58,234
Mar 202096824,66530.341.86$75,153
Feb 202092722,19949.881.98$90,208
Jan 20201,01019,53557.252.09$98,743
Dec 20193879,52159.012.30$44,777
Nov 201995033,52655.302.75$144,755
Oct 20191,39340,14153.472.42$171,566
Sep 20191,10236,75255.052.66$158,325
Aug 20191,11841,83253.112.30$155,773
Jul 20191,32343,40256.272.46$181,217
Jun 20191,38241,75252.782.49$176,955
May 20191,19544,69758.482.74$192,368
Apr 20191,36140,83762.632.75$197,570
Mar 20191,62142,51356.803.06$222,252
Feb 20191,25233,38050.852.79$156,869
Jan 20191,31243,27446.033.23$200,088
Dec 20181,27841,29446.594.19$232,376
Nov 20181,09340,27952.934.24$228,524
Oct 20181,06140,66361.443.40$203,364
Sep 201893240,33659.543.11$180,856
Aug 20181,09131,48159.403.07$161,344
Jul 201837512,93565.142.93$62,351
Jun 201884520,47060.183.08$113,837
May 20181,29825,06565.382.90$157,572
Apr 20183815,62563.842.90$40,640
Mar 201873511,34161.222.79$76,602
Feb 201878211,27361.782.77$79,494
Jan 20183936,63162.874.01$51,294
Dec 201781722,47757.272.92$112,457
Nov 20171,12316,43055.423.12$113,471
Oct 20171,34116,98849.292.98$116,785
Sep 201776319,93547.523.09$97,803
Aug 201795822,72545.373.00$111,739
Jul 201793226,51943.873.09$122,758
Jun 20171,25822,25242.493.09$122,151
May 20171,13829,51445.373.26$147,947
Apr 20171,32733,51147.933.21$171,227
Mar 20171,60736,76246.772.98$184,845
Feb 20171,59531,14750.452.95$172,432
Jan 20171,91134,33149.413.42$211,793
Dec 20161,55339,23548.763.72$221,790
Nov 20161,80240,34542.492.64$183,253
Oct 20162,28542,15746.193.09$235,820
Sep 20161,71038,75241.553.10$191,206
Aug 20161,91131,61041.442.92$171,630
Jul 20162,22934,48041.622.92$193,602
Jun 20162,04333,55845.352.69$182,781
May 20162,43032,71342.521.99$168,456
Apr 20162,51040,80536.561.99$173,010
Mar 20163,36043,30533.011.79$188,603
Feb 20162,43736,85826.472.06$140,569
Jan 20165465,63227.352.36$28,249
Dec 20155415,37532.362.00$28,264
Nov 20151,0918,24638.792.17$60,192
Oct 20151,1159,59843.552.43$71,849
Sep 20151,07810,49542.992.76$75,293
Aug 20151,04810,21840.162.87$71,439
Jul 20152,1769,48248.152.95$132,700
Jun 2015383056.152.88$2,561
May 20152,39120,21955.212.96$191,763
Apr 20155,83261,61149.822.71$457,305
Mar 20155,16654,96942.892.93$382,888
Feb 20156,57575,12744.662.98$517,232
Jan 20157,20079,88843.433.10$560,399
Dec 20148,51485,49654.693.59$772,678
Nov 20148,77888,21470.464.25$993,570
Oct 201411,524114,26778.303.90$1,348,080
Sep 201411,42080,30286.164.05$1,308,804
Aug 201420,557122,21089.394.04$2,330,722
Jul 201426,00093,26196.564.18$2,900,354
Jun 201431,39181,87098.164.74$3,469,149
May 201413,36330,67294.734.73$1,410,850

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.

Nov 2025 — as filed, then multipliedworked
Condensate            64 bbl  × $ 58.59 =     $3,750
Gas                    0 Mcf  × $  3.93 =         $0

────────────────────────────────────────────────────
Month total                                   $3,750

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/283691 is the state's own key, not one this site invented.