COMANCHE TRAILS A

Operated by EOG RESOURCES, INC. (P-5 253162) 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 248119District 09Field 65280200CondensateGasSaveExport
Value, all time
$170 k
Jul 2008 – May 2011
Value, last 12 filed months
$7 k
at the published price for each month
Months reported
35
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

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
CondensateDisposition1,558 bbl$102,853
GasProduction13,753 Mcf$66,798
Total$169,651

Every month this lease reported (35)

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

35 months

May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 2010045573.684.42$2,011
Jul 2010043672.554.74$2,065
Jun 2010053270.364.91$2,612
May 2010047071.124.24$1,991
Apr 2010037881.694.12$1,558
Mar 2010029078.394.39$1,273
Feb 2010013673.585.44$740
Jan 2010016674.365.96$990
Dec 2009037771.445.48$2,067
Nov 2009039174.593.75$1,467
Oct 2009016472.544.11$674
Sep 2009023165.543.06$708
Aug 2009048767.423.22$1,567
Jul 2009037661.133.46$1,303
Jun 200913131766.163.90$9,902
May 2009036954.743.93$1,449
Apr 2009031746.773.59$1,137
Mar 20091783,35542.144.06$21,119
Feb 200916053632.814.63$7,733
Jan 200918882235.865.37$11,157
Dec 200801,31537.105.98$7,860
Nov 200836332055.496.86$22,338
Oct 200817787675.246.92$19,381
Sep 20080145101.767.88$1,142
Aug 2008361492114.228.48$45,407
Jul 200800131.0811.39$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.

Aug 2010 — as filed, then multipliedworked
Condensate             0 bbl  × $ 73.68 =         $0
Gas                  455 Mcf  × $  4.42 =     $2,011

────────────────────────────────────────────────────
Month total                                   $2,011

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/248119 is the state's own key, not one this site invented.