EXCELSIOR 12

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 283826District 08Field 80544500Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.7 M
Jan 2015 – Nov 2024
Value, last 12 filed months
$0
at the published price for each month
Months reported
119
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 Gas112018-12-14221080
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
CondensateDisposition136,727 bbl$6,311,830
GasProduction864,710 Mcf$2,433,438
Total$8,745,268

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 31.9998, -103.5999. 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
9,160 ft
1 wells filed one
Completion to plug
9.8 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 9,160 ft.

Completions filed
Jan 2015
1 of 1 wells
Plug dates filed
Nov 2024
1 of 1 wells

Last completion to plug: a median of 9.8 years across the 1 well that filed both dates, with the middle half between 9.8 years and 9.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-301321943H9,160 ftJan 2015Nov 2024Yes

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 (119)

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

119 months

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 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 2022183091.054.86$16,662
Jan 20221,1304281.844.54$92,670
Dec 20215326871.323.90$38,207
Nov 20215911077.435.24$5,144
Oct 20211191,05179.795.71$15,500
Sep 202180169.865.35$5,594
Aug 202126777566.024.22$20,898
Jul 202124789370.783.98$21,039
Jun 20214974169.493.38$5,910
May 202111993463.483.02$10,373
Apr 2021132060.362.76$943
Mar 2021928161.302.72$1,315
Feb 20215637657.805.55$5,323
Jan 2021652450.412.81$1,775
Dec 2020232144.642.68$948
Nov 20203040538.772.71$2,259
Oct 2020175036.972.48$1,896
Sep 20205234637.091.99$2,618
Aug 2020213939.982.39$411
Jul 20200038.371.83$0
Jun 20206734.901.69$221
May 2020131216.921.81$242
Apr 2020264214.751.80$459
Mar 20200030.341.86$0
Feb 20201120749.881.98$959
Jan 202015157.252.09$861
Dec 201919659.012.30$1,135
Nov 20197155.302.75$390
Oct 2019333653.472.42$1,852
Sep 2019121,27155.052.66$4,038
Aug 201913453.112.30$700
Jul 201921816356.272.46$12,668
Jun 20196401,41552.782.49$37,304
May 20193911,48858.482.74$26,943
Apr 20193761,60162.632.75$27,953
Mar 20199410956.803.06$5,673
Feb 20191246850.852.79$6,495
Jan 20192451,70246.033.23$16,772
Dec 201824526346.594.19$12,515
Nov 201844036252.934.24$24,823
Oct 201888296761.443.40$57,476
Sep 20181380759.543.11$3,282
Aug 20183252259.403.07$3,502
Jul 2018853965.142.93$2,101
Jun 20181044860.183.08$1,980
May 201812048765.382.90$9,258
Apr 20186703,94663.842.90$54,219
Mar 20181,0367,07661.222.79$83,144
Feb 20181,1377,89761.782.77$92,088
Jan 2018312,13362.874.01$10,501
Dec 20176008,29257.272.92$58,587
Nov 201746410,39155.423.12$58,118
Oct 20176014,62549.292.98$43,423
Sep 20171,55317,02747.523.09$126,366
Aug 20171,04911,62745.373.00$82,525
Jul 201791013,42043.873.09$81,353
Jun 20171,33817,19842.493.09$109,947
May 20171,65022,75345.373.26$149,113
Apr 20172,10426,04247.933.21$184,481
Mar 20172,52121,01246.772.98$180,600
Feb 20171,82016,73250.452.95$141,222
Jan 20171,66012,66149.413.42$125,306
Dec 20161,37514,00648.763.72$119,187
Nov 20162,16921,64542.492.64$149,398
Oct 20161,57311,33746.193.09$107,691
Sep 20162,36221,17741.553.10$163,803
Aug 20162,64024,15041.442.92$180,024
Jul 20162,60028,50841.622.92$191,579
Jun 20162,60528,47345.352.69$194,610
May 20163,11524,82642.521.99$181,879
Apr 20163,22628,53336.561.99$174,753
Mar 20162,86116,43633.011.79$123,928
Feb 20163,15515,46526.472.06$115,427
Jan 20163,01410,49527.352.36$107,247
Dec 20151,5075,26532.362.00$59,304
Nov 20151,77313,37138.792.17$97,754
Oct 20153,91343,16543.552.43$275,154
Sep 20154,57142,59842.992.76$314,010
Aug 20155,47537,05540.162.87$326,316
Jul 20155,91943,59148.152.95$413,379
Jun 20157,70550,48356.152.88$578,171
May 20159,90343,15555.212.96$674,287
Apr 20159,42039,39649.822.71$575,932
Mar 201516,03647,09542.892.93$825,994
Feb 201513,42829,54844.662.98$687,635
Jan 20153011,50043.433.10$17,723

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.

Feb 2022 — as filed, then multipliedworked
Condensate           183 bbl  × $ 91.05 =    $16,662
Gas                    0 Mcf  × $  4.86 =         $0

────────────────────────────────────────────────────
Month total                                  $16,662

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/283826 is the state's own key, not one this site invented.