PARK 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 274485District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.1 M
Jan 2008 – Nov 2015
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
95
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 Gas112014-12-05208355
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
CondensateDisposition22,382 bbl$2,031,541
GasProduction384,586 Mcf$2,031,890
Total$4,063,431

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 33.5299, -97.5101. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.52995, -97.51006 · 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
0.0%
0 of 1 wells
Median depth
7,550 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
1100.0%
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.
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 7,550 ft.

Completions filed
Dec 2014
1 of 1 wells

1 well

42-3373396147,550 ftDec 2014Yes

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 (95)

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

95 months

Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20153044.662.98$134
Jan 20150043.433.10$0
Dec 201467054.693.59$3,664
Nov 2014022770.464.25$965
Oct 2014043878.303.90$1,709
Sep 2014079386.164.05$3,208
Aug 201401,19089.394.04$4,802
Jul 20141762,33296.564.18$26,741
Jun 201401,98198.164.74$9,384
May 201401,93094.734.73$9,122
Apr 201402,40895.944.81$11,580
Mar 201403,60095.895.06$18,204
Feb 201403,59597.406.19$22,260
Jan 20141838,41790.404.86$57,456
Dec 2013012,19791.824.35$53,112
Nov 201318013,89688.853.74$67,940
Oct 2013014,29397.423.78$54,018
Sep 201317814,669104.113.72$73,067
Aug 201317615,283104.253.52$72,184
Jul 201318514,709102.523.72$73,650
Jun 201318412,49994.403.93$66,533
May 20131866,88994.834.15$46,221
Apr 20133425,59193.964.28$56,078
Mar 2013043693.623.91$1,706
Feb 20130091.233.42$0
Jan 201353413,96191.603.42$96,660
Dec 201253621,27286.773.42$119,262
Nov 201234613,91286.953.62$80,515
Oct 20120089.383.40$0
Sep 201201594.672.92$44
Aug 2012695492.662.91$6,551
Jul 2012021385.133.02$643
Jun 201209879.822.52$247
May 201205091.612.49$124
Apr 2012012101.652.00$24
Mar 2012040105.052.22$89
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 201103784.983.65$135
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 201102292.904.64$102
May 201106698.134.40$291
Apr 201103105.964.33$13
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20111762,81886.504.59$28,155
Dec 201004,09185.734.35$17,787
Nov 201001,08880.843.80$4,129
Oct 20108840778.103.51$8,301
Sep 201003,89072.633.98$15,480
Aug 20101714,10073.684.42$30,719
Jul 20101744,12972.554.74$32,181
Jun 20102174,16570.364.91$35,720
May 201004,33671.124.24$18,364
Apr 20103434,51281.694.12$46,621
Mar 201004,69978.394.39$20,622
Feb 20101744,16973.585.44$35,492
Jan 20101744,87774.365.96$42,026
Dec 20091724,86671.445.48$38,972
Nov 20091985,09574.593.75$33,883
Oct 20091954,75272.544.11$33,677
Sep 200904,95365.543.06$15,180
Aug 20093855,14167.423.22$42,503
Jul 20091905,18561.133.46$29,578
Jun 2009342066.163.90$22,627
May 200905,12654.743.93$20,123
Apr 20091985,64446.773.59$29,508
Mar 20093986,36642.144.06$42,611
Feb 20097735,63432.814.63$51,464
Jan 20091904,43835.865.37$30,650
Dec 20085885,47637.105.98$54,546
Nov 20081624,90155.496.86$42,612
Oct 200806,70875.246.92$46,433
Sep 20085896,327101.767.88$109,775
Aug 20089766,543114.228.48$166,983
Jul 20085866,519131.0811.39$151,061
Jun 20088716,492131.3313.03$198,996
May 20081,2785,247123.1711.57$218,142
Apr 20089017,196110.3110.45$174,622
Mar 20081,88614,890101.909.66$336,081
Feb 20082,16614,72392.538.77$329,549
Jan 20084,4767,95590.388.21$469,817

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.

Feb 2015 — as filed, then multipliedworked
Condensate             3 bbl  × $ 44.66 =       $134
Gas                    0 Mcf  × $  2.98 =         $0

────────────────────────────────────────────────────
Month total                                     $134

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/274485 is the state's own key, not one this site invented.