FAUST B 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 272774District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.5 M
May 2013 – May 2026
Value, last 12 filed months
$161 k
at the published price for each month
Months reported
157
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 Gas112015-12-11217302
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
CondensateDisposition31,226 bbl$2,845,038
GasProduction1,377,755 Mcf$4,675,457
Total$7,520,495

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 33.5048, -97.5152. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.50478, -97.51524 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
8,092 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

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 8,092 ft.

Completions filed
May 2013
1 of 1 wells

1 well

42-337350242H8,092 ftMay 2013

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 (157)

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

157 months

May 202603,843106.413.05$11,705
Apr 202603,84198.932.87$11,023
Mar 202604,31289.753.15$13,580
Feb 202603,07263.503.75$11,521
Jan 202603,26159.138.00$26,081
Dec 202502,26856.664.41$10,010
Nov 202502,93758.593.93$11,532
Oct 202503,63559.383.30$12,013
Sep 202504,13362.743.08$12,717
Aug 202504,35163.933.01$13,117
Jul 202504,32466.743.32$14,335
Jun 202504,18966.483.13$13,106
May 202504,36260.553.23$14,099
Apr 202504,09862.363.54$14,520
Mar 202503,69167.704.27$15,754
Feb 202503,16270.884.34$13,726
Jan 202503,09374.324.28$13,234
Dec 202402,15168.993.12$6,714
Nov 2024096069.052.20$2,111
Oct 2024084171.372.28$1,919
Sep 202403,79769.612.36$8,977
Aug 2024825,09575.632.06$16,716
Jul 202404,86579.932.15$10,443
Jun 202404,88078.082.63$12,854
May 202406,39678.812.20$14,061
Apr 202406,40484.451.66$10,626
Mar 202406,13280.301.55$9,475
Feb 202405,02476.091.78$8,961
Jan 202404,54173.023.30$14,975
Dec 202304,54971.262.61$11,876
Nov 202305,64777.892.81$15,854
Oct 202306,66785.443.09$20,583
Sep 202306,45289.042.74$17,646
Aug 202304,97780.522.67$13,303
Jul 202305,20574.852.64$13,751
Jun 20231605,36368.962.26$23,146
May 202303,40270.622.23$7,578
Apr 202304,45378.122.24$9,965
Mar 202304,93772.852.39$11,815
Feb 202303,85075.112.47$9,493
Jan 202305,16276.533.39$17,487
Dec 202205,24176.415.73$30,026
Nov 2022365,01585.005.65$31,376
Oct 202205,19487.185.86$30,456
Sep 202204,57484.888.16$37,341
Aug 202205,29094.529.13$48,283
Jul 202205,144101.587.54$38,796
Jun 202204,450115.097.98$35,499
May 202203,772109.378.43$31,809
Apr 202204,186104.226.84$28,622
Mar 202202,132108.885.08$10,823
Feb 202201,88091.054.86$9,135
Jan 202201,57581.844.54$7,147
Dec 202104,21971.323.90$16,450
Nov 20210077.435.24$0
Oct 202104,19679.795.71$23,975
Sep 202102,24069.865.35$11,986
Aug 202102,03366.024.22$8,580
Jul 202105,77270.783.98$22,985
Jun 202106,73169.493.38$22,755
May 202107,76363.483.02$23,426
Apr 202105,46260.362.76$15,066
Mar 202104,10361.302.72$11,148
Feb 202103,30957.805.55$18,358
Jan 202103,77250.412.81$10,600
Dec 20201613,56044.642.68$16,712
Nov 202003,16938.772.71$8,577
Oct 202003,59836.972.48$8,917
Sep 202005,89937.091.99$11,745
Aug 202007,42539.982.39$17,709
Jul 202007,63638.371.83$13,937
Jun 202006,99634.901.69$11,825
May 202007,42116.921.81$13,467
Apr 202007,23514.751.80$13,055
Mar 202007,73230.341.86$14,352
Feb 202007,41849.881.98$14,693
Jan 202008,09657.252.09$16,959
Dec 201908,20359.012.30$18,903
Nov 201908,19255.302.75$22,534
Oct 20191718,97653.472.42$30,852
Sep 201908,89655.052.66$23,639
Aug 201908,83553.112.30$20,359
Jul 2019010,00056.272.46$24,601
Jun 201908,23552.782.49$20,515
May 201909,95458.482.74$27,277
Apr 201907,33462.632.75$20,174
Mar 201906,46656.803.06$19,800
Feb 201907,88450.852.79$22,014
Jan 201908,90046.033.23$28,731
Dec 20181019,23346.594.19$43,350
Nov 201809,19752.934.24$38,970
Oct 201809,41661.443.40$31,996
Sep 201808,97259.543.11$27,885
Aug 201808,98659.403.07$27,556
Jul 201819,38265.142.93$27,572
Jun 201809,85560.183.08$30,323
May 201808,73565.382.90$25,338
Apr 201809,82063.842.90$28,486
Mar 20181299,10061.222.79$33,258
Feb 201809,40361.782.77$26,010
Jan 2018010,36262.874.01$41,545
Dec 2017010,67057.272.92$31,173
Nov 201716410,96755.423.12$43,288
Oct 2017011,99249.292.98$35,780
Sep 2017011,67947.523.09$36,056
Aug 201707,27245.373.00$21,848
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 201701,23845.373.26$4,040
Apr 201709,52247.933.21$30,581
Mar 2017010,07246.772.98$30,052
Feb 201708,33750.452.95$24,616
Jan 201711010,37749.413.42$40,912
Dec 2016011,26848.763.72$41,949
Nov 2016011,37042.492.64$30,066
Oct 20166711,96246.193.09$40,060
Sep 2016010,99241.553.10$34,082
Aug 2016012,05441.442.92$35,250
Jul 201617912,56041.622.92$44,180
Jun 2016012,88445.352.69$34,604
May 2016013,37842.521.99$26,636
Apr 2016013,05336.561.99$25,989
Mar 201617313,88833.011.79$30,626
Feb 2016012,68226.472.06$26,171
Jan 2016013,88527.352.36$32,829
Dec 201513615,03832.362.00$34,498
Nov 2015015,16738.792.17$32,872
Oct 201517516,10343.552.43$46,696
Sep 2015016,00942.992.76$44,160
Aug 201517116,82340.162.87$55,191
Jul 201517717,70448.152.95$60,662
Jun 2015017,52656.152.88$50,525
May 201518217,26755.212.96$61,080
Apr 201517118,79949.822.71$59,400
Mar 201518020,03242.892.93$66,508
Feb 201535719,49244.662.98$73,956
Jan 201518218,71043.433.10$65,917
Dec 2014020,07854.693.59$72,107
Nov 201435619,57970.464.25$108,331
Oct 201418224,24178.303.90$108,814
Sep 201433625,97186.164.05$134,014
Aug 201417927,56089.394.04$127,209
Jul 201453430,93496.564.18$180,855
Jun 201435331,17298.164.74$182,309
May 201453632,91094.734.73$206,326
Apr 201471633,55195.944.81$230,044
Mar 201490331,85395.895.06$247,663
Feb 20141,24719,56297.406.19$242,586
Jan 20141,4479,79090.404.86$178,395
Dec 20131,8187,41191.824.35$199,200
Nov 20131,8017,06888.853.74$186,441
Oct 20131,6297,20797.423.78$185,935
Sep 20131,7775,576104.113.72$205,734
Aug 20132,4226,316104.253.52$274,742
Jul 20133,4047,194102.523.72$375,724
Jun 20136,05910,19194.403.93$612,055
May 20132,2625,92394.834.15$239,080

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.

May 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                3,843 Mcf  × $  3.05 =    $11,705

────────────────────────────────────────────────────
Month total                                  $11,705

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/272774 is the state's own key, not one this site invented.