PROCTOR 272D

Operated by EAGLERIDGE OPERATING, LLC (P-5 238462) 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 246913District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.0 M
Apr 2008 – Mar 2018
Value, last 12 filed months
$18 k
at the published price for each month
Months reported
120
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 Gas112009-10-22195084
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
CondensateDisposition4,201 bbl$339,229
GasProduction145,725 Mcf$698,376
Total$1,037,605

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 33.4414, -97.6348. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.44140, -97.63478 · 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
7,442 ft
1 wells filed one
Completion to plug
9.8 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 7,442 ft.

Completions filed
May 2008
1 of 1 wells
Plug dates filed
Mar 2018
1 of 1 wells

Last completion to plug: a median of 9.8 years across the 1 well that filed both dates, with the middle half between 9.8 years and 9.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-337340101H7,442 ftMay 2008Mar 2018Yes

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 (120)

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

120 months

Mar 2018299061.222.79$18,305
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
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 201405478.303.90$211
Sep 201403386.164.05$134
Aug 2014062989.394.04$2,538
Jul 2014091096.564.18$3,803
Jun 201405798.164.74$270
May 201402494.734.73$113
Apr 201403595.944.81$168
Mar 201401,17595.895.06$5,942
Feb 201401,25297.406.19$7,752
Jan 201401,18590.404.86$5,760
Dec 201301,35991.824.35$5,918
Nov 20131031,20588.853.74$13,656
Oct 2013018497.423.78$695
Sep 20130628104.113.72$2,335
Aug 2013661,350104.253.52$11,636
Jul 201311,150102.523.72$4,378
Jun 201311,28094.403.93$5,129
May 2013013694.834.15$564
Apr 2013017593.964.28$749
Mar 201301,57593.623.91$6,163
Feb 201311,53091.233.42$5,324
Jan 201321,15991.603.42$4,147
Dec 201215893186.773.42$16,894
Nov 201201,26786.953.62$4,593
Oct 201211,89989.383.40$6,545
Sep 201231,21494.672.92$3,827
Aug 2012390792.662.91$2,916
Jul 201231,29985.133.02$4,179
Jun 201231,56679.822.52$4,184
May 201201,33991.612.49$3,332
Apr 201231,388101.652.00$3,077
Mar 2012173939105.052.22$20,260
Feb 201271,153101.102.57$3,671
Jan 2012791998.092.73$3,199
Dec 201131,14396.873.24$3,994
Nov 201151,37195.723.31$5,018
Oct 201101,97884.983.65$7,217
Sep 2011494683.623.99$4,105
Aug 201182,17683.404.15$9,696
Jul 20111721,55594.144.52$23,216
Jun 201171,33892.904.64$6,858
May 2011261,24398.134.40$8,027
Apr 2011101,731105.964.33$8,561
Mar 2011121,64496.364.06$7,827
Feb 201176,17785.644.18$26,419
Jan 2011111,19486.504.59$6,431
Dec 20101661,05585.734.35$18,818
Nov 201031,33580.843.80$5,309
Oct 201021,39378.103.51$5,044
Sep 201021,35672.633.98$5,541
Aug 201001,91573.684.42$8,463
Jul 20101711,20372.554.74$18,104
Jun 201001,10170.364.91$5,406
May 201001,65371.124.24$7,001
Apr 201001,99881.694.12$8,237
Mar 20101692,50578.394.39$24,242
Feb 201002,24473.585.44$12,213
Jan 20101721,76974.365.96$23,340
Dec 200901,89071.445.48$10,364
Nov 200902,55174.593.75$9,570
Oct 200902,62372.544.11$10,781
Sep 20091762,92665.543.06$20,503
Aug 200903,23667.423.22$10,415
Jul 20091753,19761.133.46$21,774
Jun 200903,04066.163.90$11,841
May 20091653,80454.743.93$23,966
Apr 200903,83146.773.59$13,744
Mar 20091704,09842.144.06$23,798
Feb 20091694,60032.814.63$26,857
Jan 20091494,23235.865.37$28,073
Dec 2008080637.105.98$4,818
Nov 20081765,70255.496.86$48,884
Oct 20081708,49975.246.92$71,621
Sep 20081774,469101.767.88$53,214
Aug 200889012,292114.228.48$205,929
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$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 2018 — as filed, then multipliedworked
Condensate           299 bbl  × $ 61.22 =    $18,305
Gas                    0 Mcf  × $  2.79 =         $0

────────────────────────────────────────────────────
Month total                                  $18,305

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/246913 is the state's own key, not one this site invented.