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 218088District 09Field 652802002 tax incentive programmesGasSaveExport
Value, all time
$3.7 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
1
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 Gas112006-08-21167794
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
GasProduction605,725 Mcf$3,742,215
Total$3,742,215

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 33.0020, -97.1946. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.00195, -97.19459 · 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
7,808 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 7,808 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

42-12132474801 H7,808 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 2015042.892.93$0
Feb 2015044.662.98$0
Jan 2015043.433.10$0
Dec 2014054.693.59$0
Nov 2014070.464.25$0
Oct 2014078.303.90$0
Sep 2014086.164.05$0
Aug 2014089.394.04$0
Jul 2014096.564.18$0
Jun 2014098.164.74$0
May 2014094.734.73$0
Apr 2014095.944.81$0
Mar 20142295.895.06$111
Feb 2014197.406.19$6
Jan 20147290.404.86$350
Dec 201357991.824.35$2,521
Nov 201349888.853.74$1,862
Oct 20131,50497.423.78$5,684
Sep 2013986104.113.72$3,666
Aug 20131,627104.253.52$5,731
Jul 2013780102.523.72$2,900
Jun 20131,08194.403.93$4,252
May 201395994.834.15$3,979
Apr 20131,53693.964.28$6,578
Mar 20133,45893.623.91$13,531
Feb 20131,36291.233.42$4,658
Jan 20131,64091.603.42$5,609
Dec 20122,58986.773.42$8,855
Nov 20122,06586.953.62$7,486
Oct 20122,90089.383.40$9,859
Sep 20122,43294.672.92$7,098
Aug 20121,75592.662.91$5,104
Jul 201222585.133.02$680
Jun 201287879.822.52$2,212
May 20122,94391.612.49$7,323
Apr 20122,762101.652.00$5,515
Mar 201212,467105.052.22$27,703
Feb 20124,646101.102.57$11,941
Jan 20123,81498.092.73$10,428
Dec 20112,94896.873.24$9,551
Nov 201152995.723.31$1,752
Oct 20111,14684.983.65$4,181
Sep 20113,80383.623.99$15,158
Aug 20111,79683.404.15$7,452
Jul 20113,34394.144.52$15,101
Jun 20114,29492.904.64$19,924
May 20113,39198.134.40$14,937
Apr 2011220105.964.33$953
Mar 20112,56096.364.06$10,387
Feb 20113,76185.644.18$15,721
Jan 20114,20686.504.59$19,300
Dec 20104,68885.734.35$20,382
Nov 20104,40380.843.80$16,711
Oct 20105,11178.103.51$17,934
Sep 20101,86972.633.98$7,438
Aug 20101,45273.684.42$6,417
Jul 20101,48172.554.74$7,015
Jun 20102,58370.364.91$12,684
May 20102,91171.124.24$12,329
Apr 20102,50081.694.12$10,307
Mar 20102,76678.394.39$12,139
Feb 20104,56273.585.44$24,828
Jan 20105,44974.365.96$32,498
Dec 20094,02371.445.48$22,061
Nov 20094,73674.593.75$17,767
Oct 20095,82272.544.11$23,930
Sep 20094,83865.543.06$14,827
Aug 20095,61067.423.22$18,056
Jul 20094,52661.133.46$15,680
Jun 20095,79466.163.90$22,568
May 20097,46954.743.93$29,321
Apr 20096,75846.773.59$24,244
Mar 20095,77942.144.06$23,457
Feb 20095,43132.814.63$25,162
Jan 20094,88035.865.37$26,210
Dec 20088,08337.105.98$48,313
Nov 20087,94555.496.86$54,506
Oct 20088,49275.246.92$58,781
Sep 20087,994101.767.88$62,969
Aug 20088,937114.228.48$75,813
Jul 20085,825131.0811.39$66,343
Jun 20081,733131.3313.03$22,586
May 20083,777123.1711.57$43,716
Apr 20082,847110.3110.45$29,765
Mar 20085,590101.909.66$54,022
Feb 20085,73092.538.77$50,255
Jan 20083,39290.388.21$27,834
Dec 20078,34488.337.30$60,928
Nov 200710,46191.677.29$76,278
Oct 200713,47182.856.92$93,246
Sep 200761075.846.24$3,809
Aug 2007069.066.39$0
Jul 2007070.906.39$0
Jun 20074,16162.007.55$31,409
May 200710,53658.747.85$82,668
Apr 200711,51659.617.81$89,885
Mar 200713,97456.927.30$102,038
Feb 200711,75655.108.22$96,587
Jan 200713,62350.306.73$91,640
Dec 200614,14056.656.92$97,827
Nov 200614,72154.207.62$112,137
Oct 200616,20754.906.01$97,466
Sep 200616,25160.085.04$81,860
Aug 200618,27868.717.34$134,159
Jul 200619,89769.376.34$126,202
Jun 200620,94966.286.38$133,736
May 200625,57566.016.42$164,319
Apr 200626,51864.397.36$195,185
Mar 200633,76556.707.08$239,155
Feb 200636,54957.597.75$283,296
Jan 20061,05960.598.93$9,460

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
Gas                   22 Mcf  × $  5.06 =       $111

────────────────────────────────────────────────────
Month total                                     $111

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/218088 is the state's own key, not one this site invented.