STATE JOBE 40-6 UNIT

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

Gas lease lease 283953District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$32.5 M
Oct 2017 – May 2026
Value, last 12 filed months
$856 k
at the published price for each month
Months reported
104
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 7,755 leases and 10,539 wells, and the rule below applies to all of them.

Discovered
1983-06-23
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 2017-08-01.

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: FOR THE FOLLOWING API 389-37515.

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 Gas112018-08-29222573
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
CondensateDisposition369,906 bbl$22,359,239
GasProduction3,162,849 Mcf$10,148,554
Total$32,507,793

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 31.5207, -103.7991. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.52075, -103.79906 · 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
10,390 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 10,390 ft.

Completions filed
Oct 2017
1 of 1 wells

1 well

42-389357903H10,390 ftOct 2017

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 (104)

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

104 months

May 20261,41611,193106.413.05$184,769
Apr 20261,46214,29698.932.87$185,661
Mar 20261,45513,39089.753.15$172,757
Feb 20267486,70963.503.75$72,659
Jan 20267792,97159.138.00$69,824
Dec 20253003,20456.664.41$31,138
Nov 20251791,57358.593.93$16,664
Oct 20251541,49659.383.30$14,089
Sep 20252033,24462.743.08$22,718
Aug 20252563,09263.933.01$25,688
Jul 20252753,33666.743.32$29,413
Jun 20252913,51466.483.13$30,340
May 20253393,65960.553.23$32,354
Apr 20253673,68162.363.54$35,928
Mar 20253554,13367.704.27$41,674
Feb 20255208,98170.884.34$75,843
Jan 20256306,16874.324.28$73,213
Dec 202480111,91868.993.12$92,461
Nov 202494811,67669.052.20$91,128
Oct 20242473,12071.372.28$24,746
Sep 20244284,14569.612.36$39,593
Aug 20246097,90775.632.06$62,376
Jul 202481812,60079.932.15$92,430
Jun 20245027,25278.082.63$58,298
May 20241,20315,87478.812.20$129,706
Apr 20241,43820,34384.451.66$155,192
Mar 20241,09714,69380.301.55$110,792
Feb 20241,84122,57676.091.78$180,349
Jan 20241,67623,50073.023.30$199,877
Dec 20231,26619,24171.262.61$140,448
Nov 20231,98431,22377.892.81$242,194
Oct 20231,82333,88385.443.09$260,363
Sep 20232,28637,93589.042.74$307,299
Aug 20232,34338,69580.522.67$292,085
Jul 20232,94537,60974.852.64$319,789
Jun 20231,98238,13168.962.26$222,797
May 20232,75339,29170.622.23$281,934
Apr 20232,13734,25878.122.24$243,604
Mar 20232,71437,03872.852.39$286,353
Feb 20232,77931,36575.112.47$286,067
Jan 20233,05633,96876.533.39$348,950
Dec 20221,49421,63976.415.73$238,128
Nov 20222,26029,05985.005.65$356,173
Oct 20223,02834,44187.185.86$465,935
Sep 20222,86733,51284.888.16$516,932
Aug 20222,27226,09994.529.13$452,959
Jul 20221,39812,260101.587.54$234,475
Jun 20227727,110115.097.98$145,567
May 20222,03424,726109.378.43$430,974
Apr 20222,92730,320104.226.84$512,368
Mar 20223,61635,545108.885.08$574,151
Feb 20223,81936,01591.054.86$522,711
Jan 20221,04716,47981.844.54$160,463
Dec 20218356,89271.323.90$86,425
Nov 20216803777.435.24$52,846
Oct 20211,0078,05379.795.71$126,362
Sep 20212,00822,59369.865.35$261,172
Aug 20212,19423,53566.024.22$244,179
Jul 20212,75230,47670.783.98$316,144
Jun 20215746,12469.493.38$60,590
May 202120063.483.02$1,270
Apr 20219299,47560.362.76$82,210
Mar 20212,76931,98461.302.72$256,638
Feb 20212,27029,80157.805.55$296,540
Jan 20212,95235,80750.412.81$249,438
Dec 20203,34038,98744.642.68$253,406
Nov 20203,38437,22738.772.71$231,955
Oct 20203,51539,40736.972.48$227,617
Sep 20204,06544,73737.091.99$239,844
Aug 20203,99547,08139.982.39$272,013
Jul 20204,00245,12538.371.83$235,915
Jun 20203,46040,54834.901.69$189,293
May 20203,77440,82916.921.81$137,951
Apr 20203,89740,29114.751.80$130,181
Mar 20204,06741,65830.341.86$200,720
Feb 20203,94338,81149.881.98$273,549
Jan 20204,32141,10357.252.09$333,477
Dec 20194,31139,92159.012.30$346,384
Nov 20193,89434,82255.302.75$311,123
Oct 20193,98235,70553.472.42$299,272
Sep 20194,06036,69355.052.66$321,007
Aug 20194,36340,26353.112.30$324,499
Jul 20195,12144,78956.272.46$398,342
Jun 20194,64441,42352.782.49$348,303
May 20195,45444,62258.482.74$441,228
Apr 20195,59845,26462.632.75$475,110
Mar 20196,37652,50556.803.06$522,932
Feb 20196,53049,72350.852.79$470,888
Jan 20197,64658,47946.033.23$540,726
Dec 20188,12161,19446.594.19$634,481
Nov 20187,73455,67352.934.24$645,260
Oct 20188,11557,71161.443.40$694,692
Sep 20187,84952,86059.543.11$631,618
Aug 20187,37148,22459.403.07$585,719
Jul 20185,52736,94865.142.93$468,356
Jun 20182,04712,85860.183.08$162,752
May 20187,73347,57965.382.90$643,601
Apr 201811,70969,03163.842.90$947,748
Mar 201812,54768,21961.222.79$958,243
Feb 201812,63466,23661.782.77$963,745
Jan 201813,28069,46562.874.01$1,113,421
Dec 201718,65798,37457.272.92$1,355,888
Nov 201724,352124,76955.423.12$1,738,663
Oct 201718,55998,83249.292.98$1,209,656

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         1,416 bbl  × $106.41 =   $150,677
Gas               11,193 Mcf  × $  3.05 =    $34,092

────────────────────────────────────────────────────
Month total                                 $184,769

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/283953 is the state's own key, not one this site invented.