TROPHY CLUB UNIT

Operated by VANTAGE FORT WORTH ENERGY LLC (P-5 882575) in the NEWARK, EAST (BARNETT SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 205497District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.7 M
Sep 2004 – Dec 2014
Value, last 12 filed months
$0
at the published price for each month
Months reported
124
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 21,881 leases and 22,468 wells, and the rule below applies to all of them.

Discovered
1981-10-15
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 2009-09-29.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

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 Gas112006-04-19166567
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
CondensateDisposition41 bbl$2,586
GasProduction205,106 Mcf$1,740,172
Total$1,742,758

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 33.0181, -97.1877. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.01814, -97.18772 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
10,039 ft
1 wells filed one
Completion to plug
9.4 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 10,039 ft.

Completions filed
Jul 2005
1 of 1 wells
Plug dates filed
Dec 2014
1 of 1 wells

Last completion to plug: a median of 9.4 years across the 1 well that filed both dates, with the middle half between 9.4 years and 9.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-12132365301H10,039 ftJul 2005Dec 2014Yes

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 (124)

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

124 months

Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20101173.585.44$79
Jan 20100074.365.96$0
Dec 20095671.445.48$390
Nov 2009680774.593.75$3,475
Oct 200901,97672.544.11$8,122
Sep 200931,40965.543.06$4,515
Aug 200902,18567.423.22$7,032
Jul 200902,64961.133.46$9,177
Jun 200902,35566.163.90$9,173
May 200902,45554.743.93$9,638
Apr 200902,44546.773.59$8,771
Mar 200902,10142.144.06$8,528
Feb 200901,96732.814.63$9,113
Jan 200901,55535.865.37$8,352
Dec 200802,65337.105.98$15,857
Nov 200802,16955.496.86$14,880
Oct 200802,86875.246.92$19,852
Sep 200802,937101.767.88$23,135
Aug 200802,872114.228.48$24,363
Jul 200803,147131.0811.39$35,843
Jun 200801,605131.3313.03$20,917
May 200802,314123.1711.57$26,783
Apr 200803,068110.3110.45$32,076
Mar 200802,634101.909.66$25,455
Feb 200803,50992.538.77$30,776
Jan 200802,14190.388.21$17,568
Dec 200701,99388.337.30$14,553
Nov 200703,16791.677.29$23,093
Oct 200704,16882.856.92$28,851
Sep 200703,68575.846.24$23,010
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 200703158.747.85$243
Apr 20070059.617.81$0
Mar 2007053056.927.30$3,870
Feb 200702,41055.108.22$19,801
Jan 200703,57450.306.73$24,042
Dec 200604,37456.656.92$30,261
Nov 200604,30254.207.62$32,770
Oct 200605,43754.906.01$32,697
Sep 200604,55960.085.04$22,965
Aug 200604,26568.717.34$31,305
Jul 200604,89069.376.34$31,016
Jun 200605,73266.286.38$36,592
May 200606,46866.016.42$41,557
Apr 200606,02464.397.36$44,340
Mar 200606,55556.707.08$46,429
Feb 200606,85757.597.75$53,149
Jan 200608,76160.598.93$78,265
Dec 2005510,57954.9413.42$142,196
Nov 200587,70554.6910.59$82,021
Oct 2005012,44858.3413.80$171,730
Sep 20051314,17561.4512.08$172,019
Aug 2005018,58961.519.80$182,113
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0

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 2010 — as filed, then multipliedworked
Condensate             1 bbl  × $ 73.58 =        $74
Gas                    1 Mcf  × $  5.44 =         $5

────────────────────────────────────────────────────
Month total                                      $79

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. 09/G/205497 is the state's own key, not one this site invented.