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 283700District 08Field 80544500Hydrogen sulphide fieldNGPA filingCondensateGasSaveExport
Value, all time
$18.3 M
May 2015 – May 2026
Value, last 12 filed months
$331 k
at the published price for each month
Months reported
133
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
CondensateDisposition288,310 bbl$14,479,630
GasProduction1,247,802 Mcf$3,800,391
Total$18,280,021

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 31.9852, -103.6409. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.98516, -103.64091 · 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
10,540 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 10,540 ft.

Completions filed
May 2015
1 of 1 wells

1 well

42-301322537H10,540 ftMay 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 (133)

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

133 months

May 2026030106.413.05$91
Apr 20266098.932.87$594
Mar 20261084789.753.15$9,841
Feb 20261111,13663.503.75$11,309
Jan 20261092,79759.138.00$28,815
Dec 20254536756.664.41$4,169
Nov 20252181,55858.593.93$18,890
Oct 20256364,35759.383.30$52,165
Sep 20255294,64262.743.08$47,473
Aug 20256184,39263.933.01$52,750
Jul 20255884,79766.743.32$55,146
Jun 20255334,51466.483.13$49,557
May 20256284,99460.553.23$54,168
Apr 20256442,86462.363.54$50,307
Mar 20258303,02067.704.27$69,081
Feb 20255702,78170.884.34$52,473
Jan 20255813,71974.324.28$59,092
Dec 20245733,82268.993.12$51,461
Nov 20245413,26369.052.20$44,530
Oct 20244883,12671.372.28$41,960
Sep 20244193,79869.612.36$38,146
Aug 20244834,01775.632.06$44,819
Jul 20244302,86279.932.15$40,513
Jun 20243984,33378.082.63$42,489
May 20241633,83578.812.20$21,277
Apr 20242373,21184.451.66$25,342
Mar 20244575,18680.301.55$44,710
Feb 20243665,23076.091.78$37,177
Jan 20245685,78173.023.30$60,539
Dec 20235445,73271.262.61$53,730
Nov 20235085,63977.892.81$55,400
Oct 20235025,25785.443.09$59,121
Sep 20234357,47589.042.74$59,177
Aug 20234696,02880.522.67$53,876
Jul 20234846,63074.852.64$53,743
Jun 20234014,99268.962.26$38,927
May 20235766,71170.622.23$55,625
Apr 20234259,39378.122.24$54,220
Mar 20237385,76972.852.39$67,569
Feb 20236465,17075.112.47$61,269
Jan 20231,1245,60476.533.39$105,005
Dec 20225495,41976.415.73$72,995
Nov 20224325,34985.005.65$66,922
Oct 20224505,17887.185.86$69,594
Sep 20225325,45884.888.16$89,714
Aug 20225615,02294.529.13$98,862
Jul 20226946,245101.587.54$117,597
Jun 20228856,249115.097.98$151,704
May 20221,4766,235109.378.43$214,010
Apr 20221,2175,720104.226.84$165,947
Mar 20223985,689108.885.08$72,214
Feb 20224694,92791.054.86$66,642
Jan 20225995,72581.844.54$75,000
Dec 20215305,76771.323.90$60,286
Nov 20215425,83077.435.24$72,498
Oct 20215635,74279.795.71$77,731
Sep 20213885,12269.865.35$54,513
Aug 20216215,60266.024.22$64,642
Jul 20214755,51170.783.98$55,566
Jun 20217395,22169.493.38$69,003
May 20215546,34763.483.02$54,321
Apr 20216545,74260.362.76$55,314
Mar 20216636,69561.302.72$58,832
Feb 20213151,44257.805.55$26,207
Jan 20215256,04350.412.81$43,448
Dec 20205525,89544.642.68$40,413
Nov 20205366,18938.772.71$37,532
Oct 20204165,95536.972.48$30,139
Sep 202047938037.091.99$18,523
Aug 20209301,98739.982.39$41,921
Jul 20208348,38038.371.83$47,295
Jun 20207377,40434.901.69$38,236
May 20207347,99516.921.81$26,928
Apr 20207747,49214.751.80$24,935
Mar 20209107,93030.341.86$42,329
Feb 20209717,67349.881.98$63,631
Jan 20201,0649,07557.252.09$79,924
Dec 20191,01610,55759.012.30$84,281
Nov 20191,06511,19555.302.75$89,689
Oct 20191,32512,33053.472.42$100,668
Sep 20191,27912,64555.052.66$104,010
Aug 20191,28711,91953.112.30$95,818
Jul 20191,28812,23556.272.46$102,575
Jun 20191,27111,00252.782.49$94,492
May 20191,35410,74258.482.74$108,618
Apr 20191,3359,30762.632.75$109,212
Mar 20191,5966,73556.803.06$111,276
Feb 20191,6567,76650.852.79$105,892
Jan 20191,7388,19746.033.23$106,462
Dec 20181,29431446.594.19$61,602
Nov 20181,2063,06752.934.24$76,829
Oct 20181,7797,11261.443.40$133,469
Sep 20182,0169,70859.543.11$150,205
Aug 20182,2309,30859.403.07$161,006
Jul 20182,3518,54265.142.93$178,188
Jun 20182,0006,43660.183.08$140,163
May 20181,9065,08565.382.90$139,365
Apr 20189423,28963.842.90$69,678
Mar 201895865661.222.79$60,477
Feb 20186732,74661.782.77$49,174
Jan 20181,64015,48162.874.01$165,175
Dec 20171,88118,79657.272.92$162,638
Nov 20171,85220,90955.423.12$167,840
Oct 20171,85523,15449.292.98$160,517
Sep 20172,11625,84647.523.09$180,346
Aug 20172,51229,79245.373.00$203,477
Jul 20172,82131,08743.873.09$219,732
Jun 20173,28926,09042.493.09$220,297
May 20173,80323,08145.373.26$247,865
Apr 20171,7706,72647.933.21$106,437
Mar 20172,73211,91546.772.98$163,326
Feb 20174,15610,27750.452.95$240,014
Jan 20173,32715,00349.413.42$215,679
Dec 20161,98711,32548.763.72$139,047
Nov 20164,89023,52542.492.64$269,984
Oct 20166,07912,69346.193.09$320,014
Sep 20166,31120,55841.553.10$325,965
Aug 20166,17314,09941.442.92$297,039
Jul 20163,7627,50041.622.92$178,507
Jun 20163,4026,94845.352.69$172,942
May 20163,5324,54342.521.99$159,226
Apr 20161,5131,70336.561.99$58,706
Mar 20161,6525,78233.011.79$64,905
Feb 20167,19934,67926.472.06$262,122
Jan 201611,04938,31027.352.36$392,769
Dec 201513,40441,76832.362.00$517,348
Nov 201512,12322,86938.792.17$519,816
Oct 201553,29243.552.43$8,206
Sep 20152,3223,71242.992.76$110,062
Aug 201515,31231,74540.162.87$706,117
Jul 201517,25035,34448.152.95$934,678
Jun 201518,58137,20756.152.88$1,150,586
May 201541,94873,63655.212.96$2,533,577

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             0 bbl  × $106.41 =         $0
Gas                   30 Mcf  × $  3.05 =        $91

────────────────────────────────────────────────────
Month total                                      $91

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/283700 is the state's own key, not one this site invented.