CULP A 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 273401District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.9 M
May 2011 – Jul 2019
Value, last 12 filed months
$10
at the published price for each month
Months reported
99
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 Gas112014-11-17208901
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
CondensateDisposition33,986 bbl$3,103,748
GasProduction251,079 Mcf$798,927
Total$3,902,676

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 33.5131, -97.4352. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.51313, -97.43520 · 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
8,163 ft
1 wells filed one
Completion to plug
8.3 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 8,163 ft.

Completions filed
Apr 2011
1 of 1 wells
Plug dates filed
Jul 2019
1 of 1 wells

Last completion to plug: a median of 8.3 years across the 1 well that filed both dates, with the middle half between 8.3 years and 8.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-097342701H8,163 ftApr 2011Jul 2019Yes

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 (99)

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

99 months

Jul 20190056.272.46$0
Jun 20190452.782.49$10
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
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 20161761141.442.92$7,326
Jul 2016059541.622.92$1,740
Jun 2016086645.352.69$2,326
May 201616178742.521.99$8,413
Apr 2016087036.561.99$1,732
Mar 2016089733.011.79$1,609
Feb 2016081726.472.06$1,686
Jan 201617189827.352.36$6,800
Dec 2015086732.362.00$1,735
Nov 2015066638.792.17$1,443
Oct 2015061443.552.43$1,490
Sep 201518148342.992.76$9,114
Aug 20151661940.162.87$2,421
Jul 20151841,93848.152.95$14,567
Jun 201581,92956.152.88$6,010
May 201517780155.212.96$12,139
Apr 201518575549.822.71$11,260
Mar 20151911,35242.892.93$12,160
Feb 201581,36544.662.98$4,420
Jan 201511,62543.433.10$5,082
Dec 20141851,33254.693.59$14,901
Nov 20141911,49770.464.25$19,823
Oct 2014111,01778.303.90$4,829
Sep 2014359786.164.05$2,674
Aug 2014361989.394.04$2,766
Jul 201417141196.564.18$18,230
Jun 2014258698.164.74$2,972
May 20141259494.734.73$3,944
Apr 2014148895.944.81$1,766
Mar 20141861,14995.895.06$23,646
Feb 20141131697.406.19$3,028
Jan 20141783,86490.404.86$34,873
Dec 20131825,06491.824.35$38,762
Nov 20131735,22988.853.74$34,919
Oct 20133405,66697.423.78$54,537
Sep 20131776,229104.113.72$41,585
Aug 20135067,932104.253.52$80,692
Jul 20135097,585102.523.72$80,382
Jun 20133445,00294.403.93$52,149
May 20133413,34994.834.15$46,232
Apr 20133272,91893.964.28$43,222
Mar 20131771,97893.623.91$24,310
Feb 20133453,74191.233.42$44,268
Jan 20133426,53591.603.42$53,676
Dec 20127025,61286.773.42$80,106
Nov 20125198,82286.953.62$77,106
Oct 20126749,94689.383.40$94,055
Sep 201286412,00894.672.92$116,839
Aug 20126899,50292.662.91$91,476
Jul 20128549,28785.133.02$100,755
Jun 20121,35612,20879.822.52$138,988
May 20125168,58291.612.49$68,626
Apr 20121,88815,651101.652.00$223,167
Mar 201286010,932105.052.22$114,635
Feb 20122,23217,892101.102.57$271,642
Jan 20123,59119,12498.092.73$404,528
Dec 201115747296.873.24$16,738
Nov 201109595.723.31$315
Oct 20111,2092,27684.983.65$111,045
Sep 20111,3332,74583.623.99$122,406
Aug 20111,3672,32583.404.15$123,655
Jul 20112,7193,64294.144.52$272,418
Jun 20113,3761,61692.904.64$321,128
May 20112,8916,28598.134.40$311,378

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.

Jun 2019 — as filed, then multipliedworked
Condensate             0 bbl  × $ 52.78 =         $0
Gas                    4 Mcf  × $  2.49 =        $10

────────────────────────────────────────────────────
Month total                                      $10

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/273401 is the state's own key, not one this site invented.