STATE MAGELLAN

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 283697District 08Field 80544500Hydrogen sulphide fieldNGPA filingCondensateGasSaveExport
Value, all time
$21.2 M
Apr 2016 – May 2026
Value, last 12 filed months
$915 k
at the published price for each month
Months reported
122
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
CondensateDisposition307,044 bbl$15,651,091
GasProduction1,725,942 Mcf$5,538,157
Total$21,189,249

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 31.9854, -103.6436. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.98538, -103.64360 · 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
10,580 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 10,580 ft.

Completions filed
Apr 2016
1 of 1 wells

1 well

42-301327118H10,580 ftApr 2016

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 (122)

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

122 months

May 20267345,648106.413.05$95,308
Apr 20266155,70298.932.87$77,205
Mar 20267706,19489.753.15$88,615
Feb 20268495,64363.503.75$75,075
Jan 20266766,70659.138.00$93,606
Dec 20257036,69756.664.41$69,388
Nov 20254054,39858.593.93$40,997
Oct 20251,0246,63059.383.30$82,716
Sep 20257145,69262.743.08$62,310
Aug 20258066,21763.933.01$70,270
Jul 20259106,36066.743.32$81,818
Jun 20258746,17066.483.13$77,408
May 20257796,40960.553.23$67,884
Apr 20256976,38262.363.54$66,077
Mar 20256656,53867.704.27$72,927
Feb 20256565,70870.884.34$71,275
Jan 20258135,97674.324.28$85,992
Dec 202474010,12568.993.12$82,656
Nov 20248077,05669.052.20$71,236
Oct 20247787,87871.372.28$73,499
Sep 20246248,84769.612.36$64,354
Aug 20246569,81675.632.06$69,870
Jul 20245739,32879.932.15$65,823
Jun 20243629,17278.082.63$52,424
May 20245819,69778.812.20$67,107
Apr 20245779,47784.451.66$64,452
Mar 20247289,81080.301.55$73,616
Feb 20245989,19676.091.78$61,904
Jan 20246829,96473.023.30$82,658
Dec 202360310,06971.262.61$69,257
Nov 202361710,06977.892.81$76,327
Oct 202365410,96885.443.09$89,739
Sep 20235119,51689.042.74$71,526
Aug 202371810,00780.522.67$84,561
Jul 202391010,17774.852.64$94,999
Jun 20235739,91368.962.26$61,902
May 20234849,92470.622.23$56,285
Apr 202356110,55578.122.24$67,445
Mar 20236298,81172.852.39$66,909
Feb 20236969,10275.112.47$74,719
Jan 202390110,30876.533.39$103,874
Dec 20221,01910,29476.415.73$136,837
Nov 202275310,15285.005.65$121,325
Oct 202282910,44287.185.86$133,502
Sep 202290010,94484.888.16$165,735
Aug 202295410,50194.529.13$186,016
Jul 202276011,498101.587.54$163,920
Jun 202266611,288115.097.98$166,697
May 202265612,247109.378.43$175,026
Apr 202267512,178104.226.84$153,617
Mar 202281912,564108.885.08$152,953
Feb 202278611,18191.054.86$125,892
Jan 202292612,68281.844.54$133,331
Dec 202192812,95071.323.90$116,679
Nov 202191913,00877.435.24$139,279
Oct 202192613,58079.795.71$151,480
Sep 202194212,74769.865.35$134,016
Aug 202192812,70366.024.22$114,881
Jul 202190512,20070.783.98$112,637
Jun 202189111,56069.493.38$100,996
May 20211,05812,24663.483.02$104,116
Apr 20211,16811,57260.362.76$102,421
Mar 20211,55814,29961.302.72$134,355
Feb 20215515,56457.805.55$62,717
Jan 20211,20412,74150.412.81$96,499
Dec 20201,10811,45144.642.68$80,098
Nov 20201,31512,81338.772.71$85,662
Oct 20201,07710,70736.972.48$66,353
Sep 20201,04810,90937.091.99$60,591
Aug 20201,23112,73639.982.39$79,592
Jul 20201,35412,98238.371.83$75,647
Jun 20201,30912,54734.901.69$66,892
May 20201,32013,45816.921.81$46,757
Apr 20201,59613,00714.751.80$47,011
Mar 20201,69712,87630.341.86$75,388
Feb 20201,61411,41449.881.98$103,114
Jan 20201,68913,03857.252.09$124,006
Dec 20191,73814,79859.012.30$136,659
Nov 20191,65616,03955.302.75$135,695
Oct 20191,99817,35253.472.42$148,800
Sep 20191,92615,05155.052.66$146,021
Aug 20191,99914,52853.112.30$139,645
Jul 20191,93713,88156.272.46$143,143
Jun 20192,07113,87852.782.49$143,880
May 20192,25213,97758.482.74$169,998
Apr 20192,37413,76862.632.75$186,555
Mar 20192,71114,27456.803.06$197,693
Feb 20192,73511,68150.852.79$171,691
Jan 20193,24312,64546.033.23$190,096
Dec 20181,7504,84846.594.19$101,824
Nov 20182,2938,65252.934.24$158,029
Oct 20182,94411,19861.443.40$218,931
Sep 20182,98011,03559.543.11$211,726
Aug 20182,92110,93559.403.07$207,040
Jul 20183,17710,41765.142.93$237,491
Jun 20182,8829,33160.183.08$202,150
May 20182,8049,10365.382.90$209,732
Apr 20182,2377,08663.842.90$163,365
Mar 20181,7021,23461.222.79$107,635
Feb 20188073,83161.782.77$60,453
Jan 20182,52813,55662.874.01$213,286
Dec 20172,39910,43757.272.92$167,883
Nov 20173,10324,39855.423.12$248,050
Oct 20173,26524,18549.292.98$233,092
Sep 20173,28123,61147.523.09$228,807
Aug 20173,57424,07245.373.00$234,474
Jul 20173,87824,35643.873.09$245,322
Jun 20174,16822,79742.493.09$247,479
May 20174,38622,80745.373.26$273,421
Apr 20173,79423,05047.933.21$255,874
Mar 20174,63329,62046.772.98$305,062
Feb 20175,03528,37850.452.95$337,805
Jan 20176,24829,78249.413.42$410,532
Dec 20166,87036,89048.763.72$472,316
Nov 20167,33935,49342.492.64$405,690
Oct 20169,07143,28346.193.09$552,745
Sep 201610,34441,77041.553.10$559,307
Aug 201612,30542,79641.442.92$635,069
Jul 201615,08142,34641.622.92$751,505
Jun 201619,99551,34145.352.69$1,044,666
May 201630,37360,36742.521.99$1,411,653
Apr 201625,90549,13136.561.99$1,044,909

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           734 bbl  × $106.41 =    $78,105
Gas                5,648 Mcf  × $  3.05 =    $17,203

────────────────────────────────────────────────────
Month total                                  $95,308

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/283697 is the state's own key, not one this site invented.