GAEDKE UNIT

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 270735District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.2 M
Dec 2010 – Feb 2022
Value, last 12 filed months
$0
at the published price for each month
Months reported
135
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 Gas112014-05-14208978
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
CondensateDisposition29,271 bbl$2,592,211
GasProduction726,776 Mcf$2,634,568
Total$5,226,779

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 33.4904, -97.4424. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.49036, -97.44242 · 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
8,217 ft
1 wells filed one
Completion to plug
11.2 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 8,217 ft.

Completions filed
Dec 2010
1 of 1 wells
Plug dates filed
Feb 2022
1 of 1 wells

Last completion to plug: a median of 11.2 years across the 1 well that filed both dates, with the middle half between 11.2 years and 11.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-097342001H8,217 ftDec 2010Feb 2022Yes

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 (135)

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

135 months

Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20197010053.112.30$3,948
Jul 2019333156.272.46$983
Jun 2019040252.782.49$1,001
May 201901,48958.482.74$4,080
Apr 2019326562.632.75$917
Mar 2019045756.803.06$1,399
Feb 2019042750.852.79$1,192
Jan 2019042846.033.23$1,382
Dec 2018020446.594.19$854
Nov 2018135052.934.24$1,536
Oct 2018035461.443.40$1,203
Sep 2018046259.543.11$1,436
Aug 2018678159.403.07$2,751
Jul 2018471665.142.93$2,360
Jun 201801,74560.183.08$5,369
May 2018084065.382.90$2,437
Apr 2018064463.842.90$1,868
Mar 201801,06461.222.79$2,965
Feb 2018026361.782.77$727
Jan 2018050862.874.01$2,037
Dec 201701,41057.272.92$4,119
Nov 201701,06255.423.12$3,312
Oct 2017069849.292.98$2,083
Sep 2017032847.523.09$1,013
Aug 2017136445.373.00$1,139
Jul 2017040943.873.09$1,263
Jun 201717741642.493.09$8,805
May 2017025145.373.26$819
Apr 2017038947.933.21$1,249
Mar 2017243546.772.98$1,391
Feb 2017037250.452.95$1,098
Jan 2017243249.413.42$1,576
Dec 2016255548.763.72$2,164
Nov 201601,36542.492.64$3,610
Oct 201601,86446.193.09$5,760
Sep 201601,85741.553.10$5,758
Aug 201621,94841.442.92$5,779
Jul 201602,33541.622.92$6,828
Jun 201603,31445.352.69$8,901
May 201601,87142.521.99$3,725
Apr 201603,37636.561.99$6,722
Mar 20161803,51233.011.79$12,242
Feb 201602,93626.472.06$6,059
Jan 201603,59227.352.36$8,493
Dec 201503,59832.362.00$7,201
Nov 201502,55938.792.17$5,546
Oct 201502,88543.552.43$7,001
Sep 201525,13842.992.76$14,259
Aug 201524,78140.162.87$13,814
Jul 201517,78348.152.95$22,970
Jun 20151727,34456.152.88$30,830
May 201515,66055.212.96$16,783
Apr 201518,10549.822.71$21,987
Mar 201527,12642.892.93$20,999
Feb 20151826,73444.662.98$28,170
Jan 201506,35743.433.10$19,711
Dec 201418,19754.693.59$29,493
Nov 20141839,54570.464.25$53,478
Oct 2014110,29578.303.90$40,239
Sep 201409,98186.164.05$40,378
Aug 2014010,59889.394.04$42,764
Jul 20141805,41096.564.18$39,992
Jun 201408,76398.164.74$41,509
May 20141769,66894.734.73$62,369
Apr 201417,15095.944.81$34,481
Mar 201417713,37895.895.06$84,622
Feb 2014110,41097.406.19$64,556
Jan 201418212,13990.404.86$75,457
Dec 201317613,22991.824.35$73,766
Nov 2013011,80288.853.74$44,119
Oct 201318614,34597.423.78$72,335
Sep 201318415,221104.113.72$75,744
Aug 2013115,213104.253.52$53,694
Jul 201336616,066102.523.72$97,252
Jun 2013112,62394.403.93$49,746
May 201318511,43794.834.15$64,997
Apr 201318516,15493.964.28$86,564
Mar 201318514,83593.623.91$75,367
Feb 2013011,88691.233.42$40,649
Jan 201337315,50491.603.42$87,189
Dec 201219018,02186.773.42$78,121
Nov 201219017,37186.953.62$79,490
Oct 201237718,33289.383.40$96,019
Sep 201237618,33494.672.92$89,102
Aug 201238019,66892.662.91$92,408
Jul 201255520,11785.133.02$108,017
Jun 201255120,35879.822.52$95,263
May 201235014,06291.612.49$67,054
Apr 201268610,079101.652.00$89,858
Mar 20121913,612105.052.22$28,091
Feb 2012040101.102.57$103
Jan 20123719,53598.092.73$62,461
Dec 201174417,40196.873.24$128,446
Nov 201188911,97695.723.31$124,751
Oct 20111,03210,99684.983.65$127,819
Sep 20114944,62183.623.99$59,727
Aug 20111,41913,70883.404.15$175,223
Jul 20111,73510,20494.144.52$209,427
Jun 20118822,43592.904.64$93,236
May 20113451,55198.134.40$40,687
Apr 20110817105.964.33$3,540
Mar 20112,40326,07196.364.06$337,332
Feb 20112,20114,70485.644.18$249,956
Jan 20116,32536,73986.504.59$715,700
Dec 20103,0257,18485.734.35$290,567

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 2019 — as filed, then multipliedworked
Condensate            70 bbl  × $ 53.11 =     $3,718
Gas                  100 Mcf  × $  2.30 =       $230

────────────────────────────────────────────────────
Month total                                   $3,948

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/270735 is the state's own key, not one this site invented.