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 213747District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.4 M
May 2005 – Dec 2014
Value, last 12 filed months
$0
at the published price for each month
Months reported
116
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 Gas112006-08-21165987
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
CondensateDisposition30 bbl$1,648
GasProduction916,230 Mcf$7,426,441
Total$7,428,088

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 33.0099, -97.1687. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.00989, -97.16874 · 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
7,889 ft
1 wells filed one
Completion to plug
9.6 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 7,889 ft.

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

Last completion to plug: a median of 9.6 years across the 1 well that filed both dates, with the middle half between 9.6 years and 9.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-121324811501 H7,889 ftMay 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 (116)

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

116 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 2012086105.052.22$191
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 201003380.843.80$125
Oct 20100078.103.51$0
Sep 201003,53672.633.98$14,071
Aug 201002,59373.684.42$11,459
Jul 201002,85172.554.74$13,504
Jun 201003,41070.364.91$16,744
May 201006,27871.124.24$26,589
Apr 201006,90981.694.12$28,484
Mar 201002,16178.394.39$9,484
Feb 201005,12273.585.44$27,876
Jan 201004,22174.365.96$25,174
Dec 200901,00471.445.48$5,506
Nov 200909,84874.593.75$36,945
Oct 200907,69572.544.11$31,628
Sep 2009057965.543.06$1,774
Aug 200901,87267.423.22$6,025
Jul 200908,33061.133.46$28,859
Jun 200903,75666.163.90$14,630
May 2009011,33754.743.93$44,506
Apr 2009012,34746.773.59$44,295
Mar 200905,75142.144.06$23,343
Feb 200909,94932.814.63$46,094
Jan 200902,47735.865.37$13,304
Dec 2008010,95237.105.98$65,462
Nov 2008014,13255.496.86$96,951
Oct 2008013,16175.246.92$91,100
Sep 2008014,281101.767.88$112,493
Aug 2008014,369114.228.48$121,893
Jul 200808,002131.0811.39$91,138
Jun 20080382131.3313.03$4,978
May 2008013,143123.1711.57$152,121
Apr 2008014,142110.3110.45$147,853
Mar 2008013,931101.909.66$134,630
Feb 2008014,64192.538.77$128,410
Jan 2008017,76690.388.21$145,783
Dec 2007015,77488.337.30$115,181
Nov 2007017,73491.677.29$129,311
Oct 2007019,52282.856.92$135,131
Sep 200704,35375.846.24$27,181
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 200705,53762.007.55$41,796
May 2007012,74358.747.85$99,985
Apr 2007017,38059.617.81$135,654
Mar 2007019,44256.927.30$141,965
Feb 2007015,27055.108.22$125,458
Jan 2007016,88050.306.73$113,549
Dec 2006020,96356.656.92$145,031
Nov 2006020,68954.207.62$157,598
Oct 2006023,38254.906.01$140,615
Sep 2006023,17160.085.04$116,717
Aug 2006020,69468.717.34$151,892
Jul 2006025,49169.376.34$161,683
Jun 2006028,14666.286.38$179,681
May 2006031,51766.016.42$202,497
Apr 2006029,99864.397.36$220,800
Mar 2006026,64556.707.08$188,724
Feb 2006022,79057.597.75$176,648
Jan 2006034,23260.598.93$305,805
Dec 2005043,58654.9413.42$584,724
Nov 20052949,96954.6910.59$530,678
Oct 2005052,14458.3413.80$719,366
Sep 2005038,26061.4512.08$462,143
Aug 200513,46861.519.80$34,037
Jul 2005015,40355.697.84$120,816
Jun 20050052.337.38$0
May 20050045.226.65$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 2012 — as filed, then multipliedworked
Condensate             0 bbl  × $105.05 =         $0
Gas                   86 Mcf  × $  2.22 =       $191

────────────────────────────────────────────────────
Month total                                     $191

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/213747 is the state's own key, not one this site invented.