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 205712District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.5 M
Nov 2004 – Dec 2014
Value, last 12 filed months
$0
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 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 Gas112006-02-27165989
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
CondensateDisposition141 bbl$8,603
GasProduction471,847 Mcf$3,531,698
Total$3,540,301

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 33.0060, -97.1758. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.00596, -97.17576 · 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
7,855 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 7,855 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

42-12132425401H7,855 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 (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

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 2013022194.834.15$917
Apr 2013087793.964.28$3,756
Mar 20130093.623.91$0
Feb 2013067191.233.42$2,295
Jan 2013094691.603.42$3,235
Dec 201201,86586.773.42$6,379
Nov 2012039386.953.62$1,425
Oct 2012060989.383.40$2,070
Sep 201201,09094.672.92$3,181
Aug 2012093592.662.91$2,719
Jul 201205085.133.02$151
Jun 2012045479.822.52$1,144
May 201204,47391.612.49$11,130
Apr 201201,133101.652.00$2,262
Mar 201201,303105.052.22$2,895
Feb 20120477101.102.57$1,226
Jan 2012046098.092.73$1,258
Dec 2011073996.873.24$2,394
Nov 201101,06295.723.31$3,517
Oct 201101,94284.983.65$7,085
Sep 201102,18983.623.99$8,725
Aug 201101,37983.404.15$5,722
Jul 201102,09994.144.52$9,482
Jun 201102,39892.904.64$11,126
May 201102,11598.134.40$9,316
Apr 2011011105.964.33$48
Mar 201101,77796.364.06$7,210
Feb 201101,48185.644.18$6,191
Jan 201101,62686.504.59$7,461
Dec 201001,94885.734.35$8,469
Nov 201002,53180.843.80$9,606
Oct 201002,86878.103.51$10,064
Sep 201002,16372.633.98$8,608
Aug 201002,11573.684.42$9,347
Jul 201001,87572.554.74$8,881
Jun 201001,42570.364.91$6,997
May 201003,49171.124.24$14,785
Apr 201003,35581.694.12$13,832
Mar 201001,97478.394.39$8,663
Feb 201011,30573.585.44$7,176
Jan 201003,38674.365.96$20,194
Dec 200952,73871.445.48$15,372
Nov 200963,89874.593.75$15,071
Oct 200903,65472.544.11$15,019
Sep 200933,38465.543.06$10,568
Aug 200903,16067.423.22$10,170
Jul 200903,81761.133.46$13,224
Jun 200904,09366.163.90$15,942
May 200904,07254.743.93$15,986
Apr 200904,04246.773.59$14,501
Mar 200904,61542.144.06$18,732
Feb 200904,87932.814.63$22,604
Jan 200903,94935.865.37$21,210
Dec 200804,93137.105.98$29,473
Nov 200805,30055.496.86$36,360
Oct 200806,30175.246.92$43,615
Sep 200805,782101.767.88$45,545
Aug 200806,480114.228.48$54,970
Jul 200806,396131.0811.39$72,847
Jun 200801,759131.3313.03$22,924
May 200806,172123.1711.57$71,437
Apr 200805,644110.3110.45$59,007
Mar 200806,060101.909.66$58,564
Feb 200806,28192.538.77$55,088
Jan 200807,15090.388.21$58,671
Dec 200708,04688.337.30$58,752
Nov 200709,22991.677.29$67,295
Oct 2007010,76182.856.92$74,487
Sep 200708,97175.846.24$56,016
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 200702,74462.007.55$20,713
May 200706,55558.747.85$51,432
Apr 200707,39159.617.81$57,688
Mar 200708,54856.927.30$62,417
Feb 200709,35155.108.22$76,828
Jan 2007010,73250.306.73$72,193
Dec 2006011,10356.656.92$76,815
Nov 2006012,25054.207.62$93,314
Oct 200606,87154.906.01$41,321
Sep 200625060.085.04$372
Aug 20062211,02668.717.34$82,442
Jul 20061014,37569.376.34$91,871
Jun 2006014,97466.286.38$95,592
May 2006015,86966.016.42$101,958
Apr 2006018,25564.397.36$134,366
Mar 200607,13256.707.08$50,515
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20057854.9413.42$492
Nov 20056020,16754.6910.59$216,818
Oct 2005024,99158.3413.80$344,770
Sep 20052511,72761.4512.08$143,187
Aug 2005042,95361.519.80$420,804
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

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 2013 — as filed, then multipliedworked
Condensate             0 bbl  × $ 94.83 =         $0
Gas                  221 Mcf  × $  4.15 =       $917

────────────────────────────────────────────────────
Month total                                     $917

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/205712 is the state's own key, not one this site invented.