LEETON PHILLIPS C 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 274104District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.0 M
Jul 2011 – May 2026
Value, last 12 filed months
$70 k
at the published price for each month
Months reported
179
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 Gas112014-11-17208202
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
CondensateDisposition26,724 bbl$2,196,850
GasProduction248,562 Mcf$815,504
Total$3,012,354

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 33.6716, -97.4863. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.67157, -97.48627 · 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
7,543 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 7,543 ft.

Completions filed
Aug 2011
1 of 1 wells

1 well

42-337346717H7,543 ftAug 2011

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 (179)

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

179 months

May 20261959106.413.05$3,027
Apr 2026055198.932.87$1,581
Mar 20261851,27189.753.15$20,607
Feb 202601,05463.503.75$3,953
Jan 202601,27059.138.00$10,157
Dec 2025054656.664.41$2,410
Nov 2025089258.593.93$3,502
Oct 202511,14059.383.30$3,827
Sep 2025058462.743.08$1,797
Aug 2025290063.933.01$2,841
Jul 2025192066.743.32$3,117
Jun 202516871966.483.13$13,418
May 2025164960.553.23$2,158
Apr 2025054962.363.54$1,945
Mar 2025055067.704.27$2,348
Feb 2025152170.884.34$2,332
Jan 2025049474.324.28$2,114
Dec 2024162668.993.12$2,023
Nov 2024077269.052.20$1,697
Oct 2024081371.372.28$1,855
Sep 202432167669.612.36$23,943
Aug 2024153775.632.06$1,184
Jul 202418371479.932.15$16,160
Jun 202411,71278.082.63$4,587
May 202404378.812.20$95
Apr 2024061984.451.66$1,027
Mar 20240780.301.55$11
Feb 2024026876.091.78$478
Jan 2024080873.023.30$2,665
Dec 202331,38571.262.61$3,830
Nov 202301,15477.892.81$3,240
Oct 2023054585.443.09$1,683
Sep 20231611,15589.042.74$17,494
Aug 2023191280.522.67$2,518
Jul 2023193274.852.64$2,537
Jun 2023078868.962.26$1,780
May 202316080970.622.23$13,101
Apr 2023189178.122.24$2,072
Mar 202301,30572.852.39$3,123
Feb 2023051675.112.47$1,272
Jan 2023071776.533.39$2,429
Dec 2022183276.415.73$4,843
Nov 2022087985.005.65$4,963
Oct 2022186687.185.86$5,165
Sep 2022095484.888.16$7,788
Aug 20221601,00494.529.13$24,287
Jul 20220820101.587.54$6,185
Jun 2022322401115.097.98$40,258
May 20221478109.378.43$4,140
Apr 20220475104.226.84$3,248
Mar 20220494108.885.08$2,508
Feb 2022073591.054.86$3,571
Jan 2022277481.844.54$3,676
Dec 2021089371.323.90$3,482
Nov 202116144477.435.24$14,791
Oct 2021042979.795.71$2,451
Sep 2021043169.865.35$2,306
Aug 2021163066.024.22$10,761
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20211063.483.02$63
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 202101,79950.412.81$5,056
Dec 20201662244.642.68$7,469
Nov 202016787938.772.71$8,854
Oct 202011836.972.48$82
Sep 2020074737.091.99$1,487
Aug 202001,30139.982.39$3,103
Jul 202001,43738.371.83$2,623
Jun 202001,17234.901.69$1,981
May 2020013116.921.81$238
Apr 202007314.751.80$132
Mar 202011,48430.341.86$2,785
Feb 20201641,42349.881.98$10,999
Jan 202011,50157.252.09$3,201
Dec 201901,40759.012.30$3,242
Nov 20191561,41455.302.75$12,516
Oct 201901,64753.472.42$3,983
Sep 20191671,68855.052.66$13,679
Aug 201911,68453.112.30$3,934
Jul 201911,63156.272.46$4,069
Jun 20191541,43552.782.49$11,703
May 201911,59458.482.74$4,427
Apr 20191621,23262.632.75$13,535
Mar 201911,22556.803.06$3,808
Feb 2019255150.852.79$1,640
Jan 201901,35746.033.23$4,381
Dec 201815951146.594.19$9,547
Nov 2018084752.934.24$3,589
Oct 201801,53461.443.40$5,213
Sep 201801,63359.543.11$5,075
Aug 20181701,50359.403.07$14,707
Jul 201811,44265.142.93$4,293
Jun 20181711,45760.183.08$14,774
May 201801,56865.382.90$4,548
Apr 201811,47163.842.90$4,331
Mar 20181651,48161.222.79$14,229
Feb 20181641,21361.782.77$13,487
Jan 201801,08362.874.01$4,342
Dec 20171721,07357.272.92$12,985
Nov 201711,14255.423.12$3,617
Oct 201701,03849.292.98$3,097
Sep 201715884847.523.09$10,126
Aug 2017087145.373.00$2,617
Jul 20171661,22943.873.09$11,077
Jun 2017184242.493.09$2,642
May 2017088245.373.26$2,878
Apr 201717394447.933.21$11,324
Mar 2017296146.772.98$2,961
Feb 201716696550.452.95$11,224
Jan 201721,15849.413.42$4,058
Dec 20161711,46948.763.72$13,807
Nov 201611,23842.492.64$3,316
Oct 20161661,43846.193.09$12,111
Sep 2016101,48941.553.10$5,032
Aug 20161831,52641.442.92$12,046
Jul 201601,57841.622.92$4,615
Jun 20161641,63945.352.69$11,839
May 201601,53442.521.99$3,054
Apr 20161781,84936.561.99$10,189
Mar 20161801,59633.011.79$8,805
Feb 20161821,45326.472.06$7,816
Jan 201601,33727.352.36$3,161
Dec 201501,35232.362.00$2,706
Nov 20151741,65238.792.17$10,330
Oct 201502,05743.552.43$4,991
Sep 20151782,10042.992.76$13,445
Aug 201502,04740.162.87$5,880
Jul 20151792,46648.152.95$15,881
Jun 20151772,38556.152.88$16,814
May 201502,07755.212.96$6,138
Apr 20151691,91149.822.71$13,592
Mar 20151761,56842.892.93$12,150
Feb 20151771,40244.662.98$12,077
Jan 201501,50443.433.10$4,663
Dec 20143601,98354.693.59$26,810
Nov 20141822,30070.464.25$22,603
Oct 201402,21578.303.90$8,641
Sep 20141802,15286.164.05$24,215
Aug 20141712,16689.394.04$24,026
Jul 201401,95396.564.18$8,163
Jun 20141671,80898.164.74$24,957
May 20143512,21394.734.73$43,710
Apr 20141791,91395.944.81$26,373
Mar 20141722,32095.895.06$28,225
Feb 20141722,76297.406.19$33,855
Jan 20141762,45990.404.86$27,863
Dec 20131722,36691.824.35$26,096
Nov 20131762,33188.853.74$24,352
Oct 20131792,70897.423.78$27,673
Sep 20133512,916104.113.72$47,384
Aug 20131682,736104.253.52$27,152
Jul 20131742,707102.523.72$27,902
Jun 20133252,79594.403.93$41,674
May 20134963,01094.834.15$59,524
Apr 201302,73393.964.28$11,704
Mar 20133341,38293.623.91$36,677
Feb 20131721,32991.233.42$20,237
Jan 20134911,47791.603.42$50,027
Dec 20123421,24386.773.42$33,927
Nov 201201,29286.953.62$4,683
Oct 201216632589.383.40$15,942
Sep 20121692,57894.672.92$23,523
Aug 20125113,17092.662.91$56,568
Jul 20123303,40085.133.02$38,364
Jun 20126674,28579.822.52$64,034
May 20123403,70191.612.49$40,357
Apr 20128464,786101.652.00$95,553
Mar 20124995,381105.052.22$64,377
Feb 20128504,440101.102.57$97,347
Jan 20128304,63598.092.73$94,087
Dec 20111,5256,03996.873.24$167,292
Nov 20112,0205,87495.723.31$212,805
Oct 20113,1821,64984.983.65$276,423
Sep 20112,01163383.623.99$170,683
Aug 20110083.404.15$0
Jul 20110094.144.52$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.

May 2026 — as filed, then multipliedworked
Condensate             1 bbl  × $106.41 =       $106
Gas                  959 Mcf  × $  3.05 =     $2,921

────────────────────────────────────────────────────
Month total                                   $3,027

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/274104 is the state's own key, not one this site invented.