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 217671District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$801 k
Oct 2005 – Feb 2015
Value, last 12 filed months
$0
at the published price for each month
Months reported
113
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 Gas112007-07-09178801
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
CondensateDisposition1 bbl$50
GasProduction94,930 Mcf$800,520
Total$800,570

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 33.0149, -97.1888. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.01491, -97.18883 · 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
9,461 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 9,461 ft.

Completions filed
Oct 2005
1 of 1 wells
Plug dates filed
Feb 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

42-12132579202 H9,461 ftOct 2005Feb 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 (113)

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

113 months

Feb 20150044.662.98$0
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 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 201102486.504.59$110
Dec 2010012385.734.35$535
Nov 2010022480.843.80$850
Oct 2010017378.103.51$607
Sep 201004472.633.98$175
Aug 20100073.684.42$0
Jul 2010021672.554.74$1,023
Jun 2010010170.364.91$496
May 2010026271.124.24$1,110
Apr 2010032081.694.12$1,319
Mar 2010035078.394.39$1,536
Feb 2010068473.585.44$3,723
Jan 2010024574.365.96$1,461
Dec 200902,09571.445.48$11,488
Nov 200903,09574.593.75$11,611
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 2009029554.743.93$1,158
Apr 2009081246.773.59$2,913
Mar 2009082642.144.06$3,353
Feb 200901,96632.814.63$9,108
Jan 2009091535.865.37$4,914
Dec 200801,33737.105.98$7,991
Nov 200801,90055.496.86$13,035
Oct 200802,50375.246.92$17,326
Sep 200803,539101.767.88$27,877
Aug 200802,043114.228.48$17,331
Jul 20080983131.0811.39$11,196
Jun 20080144131.3313.03$1,877
May 200801,472123.1711.57$17,037
Apr 200801,916110.3110.45$20,032
Mar 200802,216101.909.66$21,416
Feb 200802,28692.538.77$20,050
Jan 200803,33790.388.21$27,383
Dec 200702,17888.337.30$15,904
Nov 200703,13291.677.29$22,838
Oct 200704,04082.856.92$27,965
Sep 200703,73875.846.24$23,341
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 200706459.617.81$500
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20071150.306.73$57
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 2006049154.906.01$2,953
Sep 2006076360.085.04$3,843
Aug 20060068.717.34$0
Jul 2006059669.376.34$3,780
Jun 2006033166.286.38$2,113
May 200604,91666.016.42$31,585
Apr 200604,33464.397.36$31,900
Mar 200601,68256.707.08$11,913
Feb 200601,09857.597.75$8,511
Jan 2006010,16760.598.93$90,825
Dec 2005014,37754.9413.42$192,873
Nov 200506,57654.6910.59$69,629
Oct 20050058.3413.80$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.

Jan 2011 — as filed, then multipliedworked
Condensate             0 bbl  × $ 86.50 =         $0
Gas                   24 Mcf  × $  4.59 =       $110

────────────────────────────────────────────────────
Month total                                     $110

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/217671 is the state's own key, not one this site invented.