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 225387District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.6 M
Jan 2006 – Feb 2015
Value, last 12 filed months
$0
at the published price for each month
Months reported
110
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 Gas112007-04-03167801
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
CondensateDisposition4 bbl$332
GasProduction393,118 Mcf$2,574,866
Total$2,575,198

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 33.0038, -97.1985. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.00378, -97.19847 · 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
7,720 ft
1 wells filed one
Completion to plug
9.1 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 7,720 ft.

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

Last completion to plug: a median of 9.1 years across the 1 well that filed both dates, with the middle half between 9.1 years and 9.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-12132662802H7,720 ftJan 2006Feb 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 (110)

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

110 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 20130302104.253.52$1,064
Jul 201302,012102.523.72$7,480
Jun 2013094794.403.93$3,725
May 2013030494.834.15$1,261
Apr 2013030793.964.28$1,315
Mar 2013018193.623.91$708
Feb 2013068691.233.42$2,346
Jan 201301,79391.603.42$6,132
Dec 201201,85586.773.42$6,344
Nov 2012072786.953.62$2,635
Oct 2012028689.383.40$972
Sep 2012095894.672.92$2,796
Aug 2012042292.662.91$1,227
Jul 2012023885.133.02$719
Jun 2012036879.822.52$927
May 201201,56991.612.49$3,904
Apr 20120964101.652.00$1,925
Mar 201201,915105.052.22$4,255
Feb 20120831101.102.57$2,136
Jan 2012090298.092.73$2,466
Dec 201101,91696.873.24$6,207
Nov 201101495.723.31$46
Oct 2011011484.983.65$416
Sep 201101,97983.623.99$7,888
Aug 201102,61083.404.15$10,830
Jul 201103,56894.144.52$16,118
Jun 201103,03792.904.64$14,091
May 201123,49698.134.40$15,596
Apr 20110319105.964.33$1,382
Mar 201101,63896.364.06$6,646
Feb 201101,26785.644.18$5,296
Jan 201101,58686.504.59$7,278
Dec 201011,00085.734.35$4,433
Nov 201001,00180.843.80$3,799
Oct 201001,61878.103.51$5,677
Sep 2010077572.633.98$3,084
Aug 2010023073.684.42$1,016
Jul 2010051072.554.74$2,416
Jun 2010096170.364.91$4,719
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 201007473.585.44$403
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 200904,47274.593.75$16,777
Oct 200904,09072.544.11$16,811
Sep 200902,10465.543.06$6,448
Aug 200903,40467.423.22$10,956
Jul 200904,09561.133.46$14,187
Jun 200904,65266.163.90$18,120
May 200905,21754.743.93$20,481
Apr 200905,54346.773.59$19,886
Mar 200905,24142.144.06$21,273
Feb 200905,20132.814.63$24,096
Jan 200904,92835.865.37$26,468
Dec 200805,96037.105.98$35,624
Nov 200805,36855.496.86$36,826
Oct 200807,18775.246.92$49,748
Sep 200807,431101.767.88$58,535
Aug 200807,592114.228.48$64,403
Jul 200801,875131.0811.39$21,355
Jun 20080979131.3313.03$12,759
May 200806,467123.1711.57$74,851
Apr 200807,593110.3110.45$79,384
Mar 200807,208101.909.66$69,659
Feb 200807,94592.538.77$69,682
Jan 200808,97490.388.21$73,638
Dec 200709,25388.337.30$67,565
Nov 200709,61491.677.29$70,102
Oct 2007011,55682.856.92$79,990
Sep 200706,53375.846.24$40,793
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 200708,55055.108.22$70,247
Jan 200713,41150.306.73$22,996
Dec 2006012,57856.656.92$87,020
Nov 200608,66554.207.62$66,005
Oct 200606,93454.906.01$41,700
Sep 200609,06860.085.04$45,677
Aug 2006010,50568.717.34$77,106
Jul 2006014,83569.376.34$94,095
Jun 2006016,90666.286.38$107,926
May 2006021,87966.016.42$140,573
Apr 2006016,50564.397.36$121,485
Mar 2006029,45356.707.08$208,613
Feb 2006026,28457.597.75$203,730
Jan 200601,78360.598.93$15,928

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.

Aug 2013 — as filed, then multipliedworked
Condensate             0 bbl  × $104.25 =         $0
Gas                  302 Mcf  × $  3.52 =     $1,064

────────────────────────────────────────────────────
Month total                                   $1,064

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/225387 is the state's own key, not one this site invented.