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 217673District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.8 M
Jan 2006 – Mar 2015
Value, last 12 filed months
$0
at the published price for each month
Months reported
111
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 Gas112006-12-07167795
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
CondensateDisposition3 bbl$282
GasProduction394,697 Mcf$2,812,464
Total$2,812,746

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 33.0034, -97.1916. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.00337, -97.19163 · 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
11,688 ft
1 wells filed one
Completion to plug
9.2 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 11,688 ft.

Completions filed
Jan 2006
1 of 1 wells
Plug dates filed
Mar 2015
1 of 1 wells

Last completion to plug: a median of 9.2 years across the 1 well that filed both dates, with the middle half between 9.2 years and 9.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-12132663803H11,688 ftJan 2006Mar 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 (111)

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

111 months

Mar 20150042.892.93$0
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 201101683.623.99$64
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20112298.134.40$205
Apr 201102105.964.33$9
Mar 20110096.364.06$0
Feb 201101785.644.18$71
Jan 2011077686.504.59$3,561
Dec 2010154385.734.35$2,447
Nov 2010031480.843.80$1,192
Oct 2010030478.103.51$1,067
Sep 2010054972.633.98$2,185
Aug 2010026973.684.42$1,189
Jul 20100072.554.74$0
Jun 201006370.364.91$309
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100173.585.44$5
Jan 2010018874.365.96$1,121
Dec 20090071.445.48$0
Nov 2009013874.593.75$518
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 2009017767.423.22$570
Jul 200904,16761.133.46$14,437
Jun 200904,48066.163.90$17,450
May 200905,70654.743.93$22,400
Apr 200903,94646.773.59$14,156
Mar 200901,29142.144.06$5,240
Feb 200905,87832.814.63$27,233
Jan 200904,38035.865.37$23,525
Dec 200806,68037.105.98$39,927
Nov 200806,75755.496.86$46,355
Oct 200807,24175.246.92$50,122
Sep 200807,644101.767.88$60,212
Aug 200807,521114.228.48$63,801
Jul 200807,997131.0811.39$91,081
Jun 200801,618131.3313.03$21,087
May 200806,799123.1711.57$78,694
Apr 200807,837110.3110.45$81,935
Mar 200808,016101.909.66$77,467
Feb 200807,74692.538.77$67,937
Jan 200809,25490.388.21$75,936
Dec 200709,28888.337.30$67,821
Nov 200709,79291.677.29$71,400
Oct 2007011,51582.856.92$79,707
Sep 200709,94075.846.24$62,067
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 200706058.747.85$471
Apr 2007012,47059.617.81$97,331
Mar 200707,21756.927.30$52,698
Feb 200708,77555.108.22$72,095
Jan 200704,52150.306.73$30,412
Dec 2006013,74356.656.92$95,080
Nov 200608,32454.207.62$63,408
Oct 2006010,86354.906.01$65,328
Sep 2006016,22260.085.04$81,713
Aug 2006011,56268.717.34$84,864
Jul 2006017,58569.376.34$111,537
Jun 2006019,06466.286.38$121,702
May 2006020,42466.016.42$131,224
Apr 2006020,93764.397.36$154,106
Mar 2006030,53456.707.08$216,270
Feb 2006033,54457.597.75$260,004
Jan 20060060.598.93$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.

Sep 2011 — as filed, then multipliedworked
Condensate             0 bbl  × $ 83.62 =         $0
Gas                   16 Mcf  × $  3.99 =        $64

────────────────────────────────────────────────────
Month total                                      $64

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/217673 is the state's own key, not one this site invented.