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 208632District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.9 M
Sep 2004 – Jan 2015
Value, last 12 filed months
$57
at the published price for each month
Months reported
125
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 Gas112006-03-07166732
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
CondensateDisposition16 bbl$1,130
GasProduction549,132 Mcf$3,905,745
Total$3,906,874

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 33.0147, -97.1886. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.01470, -97.18856 · 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
11,545 ft
1 wells filed one
Completion to plug
9.3 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 11,545 ft.

Completions filed
Oct 2005
1 of 1 wells
Plug dates filed
Jan 2015
1 of 1 wells

Last completion to plug: a median of 9.3 years across the 1 well that filed both dates, with the middle half between 9.3 years and 9.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-12132360201H11,545 ftOct 2005Jan 2015Yes

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 (125)

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

125 months

Jan 20150043.433.10$0
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 20140495.895.06$20
Feb 20140697.406.19$37
Jan 20140190.404.86$5
Dec 2013025991.824.35$1,128
Nov 201301,45788.853.74$5,447
Oct 201302,90797.423.78$10,987
Sep 201301,991104.113.72$7,402
Aug 201303,239104.253.52$11,410
Jul 201302,388102.523.72$8,878
Jun 201301,99494.403.93$7,843
May 201301,35794.834.15$5,630
Apr 201302,16393.964.28$9,263
Mar 20130093.623.91$0
Feb 2013077991.233.42$2,664
Jan 201301,61091.603.42$5,506
Dec 201202,76886.773.42$9,467
Nov 201204,37286.953.62$15,848
Oct 201207,41489.383.40$25,205
Sep 201205,26494.672.92$15,362
Aug 2012092992.662.91$2,702
Jul 2012010485.133.02$314
Jun 2012016379.822.52$411
May 2012051691.612.49$1,284
Apr 201200101.652.00$0
Mar 2012049105.052.22$109
Feb 2012075101.102.57$193
Jan 2012014298.092.73$388
Dec 2011033696.873.24$1,089
Nov 2011042895.723.31$1,417
Oct 2011055984.983.65$2,040
Sep 2011023183.623.99$921
Aug 2011021683.404.15$896
Jul 2011020194.144.52$908
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 2010016985.734.35$735
Nov 2010016980.843.80$641
Oct 2010027778.103.51$972
Sep 201008672.633.98$342
Aug 201001573.684.42$66
Jul 201003572.554.74$166
Jun 2010058870.364.91$2,887
May 201006,64871.124.24$28,156
Apr 201007,02081.694.12$28,941
Mar 201003,70778.394.39$16,269
Feb 201015,40773.585.44$29,500
Jan 201006,91274.365.96$41,224
Dec 200953,34371.445.48$18,689
Nov 200966,57374.593.75$25,106
Oct 200906,32972.544.11$26,014
Sep 200935,90265.543.06$18,285
Aug 200906,14067.423.22$19,762
Jul 200905,81761.133.46$20,153
Jun 200906,48566.163.90$25,259
May 200906,43854.743.93$25,274
Apr 200906,42846.773.59$23,060
Mar 200904,68642.144.06$19,020
Feb 200905,82332.814.63$26,978
Jan 200904,06735.865.37$21,844
Dec 200801,23237.105.98$7,364
Nov 200802,01855.496.86$13,844
Oct 200809,03775.246.92$62,554
Sep 200808,534101.767.88$67,223
Aug 200806,466114.228.48$54,851
Jul 200805,809131.0811.39$66,161
Jun 200802,557131.3313.03$33,324
May 200809,346123.1711.57$108,173
Apr 200808,634110.3110.45$90,267
Mar 200807,643101.909.66$73,862
Feb 200808,13192.538.77$71,314
Jan 200809,71590.388.21$79,719
Dec 200709,97388.337.30$72,823
Nov 200709,42391.677.29$68,710
Oct 2007013,15282.856.92$91,038
Sep 200706,96475.846.24$43,484
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 200705,73962.007.55$43,321
May 2007013,52658.747.85$106,129
Apr 2007014,71459.617.81$114,846
Mar 2007015,19656.927.30$110,961
Feb 200705,73555.108.22$47,119
Jan 2007013,27950.306.73$89,326
Dec 2006017,74856.656.92$122,788
Nov 200609,44554.207.62$71,947
Oct 2006017,79154.906.01$106,992
Sep 2006017,89860.085.04$90,156
Aug 2006010,31268.717.34$75,689
Jul 2006019,09269.376.34$121,096
Jun 2006020,31666.286.38$129,695
May 2006024,63766.016.42$158,293
Apr 2006026,05764.397.36$191,792
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 2005054,68954.9413.42$733,675
Nov 200511,33854.6910.59$14,222
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
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.

Mar 2014 — as filed, then multipliedworked
Condensate             0 bbl  × $ 95.89 =         $0
Gas                    4 Mcf  × $  5.06 =        $20

────────────────────────────────────────────────────
Month total                                      $20

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/208632 is the state's own key, not one this site invented.