RICHARDSON

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 274906District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.9 M
Jun 2007 – Oct 2019
Value, last 12 filed months
$0
at the published price for each month
Months reported
149
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 Gas112015-02-13209042
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
CondensateDisposition29,049 bbl$2,254,977
GasProduction232,321 Mcf$1,684,266
Total$3,939,244

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 33.5266, -97.4622. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.52658, -97.46223 · 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
8,637 ft
1 wells filed one
Completion to plug
12.3 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 8,637 ft.

Completions filed
Jun 2007
1 of 1 wells
Plug dates filed
Oct 2019
1 of 1 wells

Last completion to plug: a median of 12.3 years across the 1 well that filed both dates, with the middle half between 12.3 years and 12.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-0973387518,637 ftJun 2007Oct 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 (149)

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

149 months

Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
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 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
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 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 201405595.895.06$278
Feb 201417523597.406.19$18,500
Jan 2014141690.404.86$2,112
Dec 2013131091.824.35$1,442
Nov 2013031288.853.74$1,166
Oct 2013029397.423.78$1,107
Sep 20131198104.113.72$840
Aug 20131139104.253.52$594
Jul 20130380102.523.72$1,413
Jun 2013059594.403.93$2,340
May 2013061094.834.15$2,531
Apr 2013060793.964.28$2,600
Mar 2013047293.623.91$1,847
Feb 2013019191.233.42$653
Jan 201309391.603.42$318
Dec 201201586.773.42$51
Nov 20120286.953.62$7
Oct 201204089.383.40$136
Sep 201216631394.672.92$16,629
Aug 2012075492.662.91$2,193
Jul 201201,03285.133.02$3,117
Jun 2012067679.822.52$1,703
May 2012057791.612.49$1,436
Apr 201201,123101.652.00$2,242
Mar 20120554105.052.22$1,231
Feb 2012124763101.102.57$14,497
Jan 201201,40198.092.73$3,830
Dec 201101,09896.873.24$3,557
Nov 201117827495.723.31$17,945
Oct 2011084584.983.65$3,083
Sep 201111871183.623.99$12,701
Aug 201117861483.404.15$17,393
Jul 201133564294.144.52$34,437
Jun 201148979792.904.64$49,126
May 2011027698.134.40$1,216
Apr 2011326228105.964.33$35,531
Mar 2011010096.364.06$406
Feb 20110085.644.18$0
Jan 2011011186.504.59$509
Dec 201027342085.734.35$25,230
Nov 2010015280.843.80$577
Oct 201034416678.103.51$27,449
Sep 2010019572.633.98$776
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 201005781.694.12$235
Mar 20100378.394.39$13
Feb 20100073.585.44$0
Jan 20100174.365.96$6
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 2009065265.543.06$1,998
Aug 200906167.423.22$196
Jul 20092781,64961.133.46$22,707
Jun 2009032866.163.90$1,278
May 20093676,15954.743.93$44,268
Apr 20093674,99446.773.59$35,081
Mar 20093635,26742.144.06$36,676
Feb 20095704,84332.814.63$41,139
Jan 20093955,12035.865.37$41,664
Dec 20085786,73737.105.98$61,712
Nov 20083696,98755.496.86$68,409
Oct 20087347,25875.246.92$105,466
Sep 20081807,393101.767.88$76,552
Aug 20083688,260114.228.48$112,103
Jul 20087628,429131.0811.39$195,884
Jun 200808,315131.3313.03$108,366
May 20085559,125123.1711.57$173,975
Apr 20085669,015110.3110.45$156,686
Mar 20088749,625101.909.66$182,077
Feb 20085828,56792.538.77$128,990
Jan 200872410,13890.388.21$148,625
Dec 20071,34011,37088.337.30$201,386
Nov 20071,35110,55791.677.29$200,825
Oct 20071,70912,92182.856.92$231,030
Sep 20072,27013,42875.846.24$256,003
Aug 20072,74412,70669.066.39$270,666
Jul 20075,30416,21770.906.39$479,647
Jun 20072,9897,35462.007.55$240,829

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.

Mar 2014 — as filed, then multipliedworked
Condensate             0 bbl  × $ 95.89 =         $0
Gas                   55 Mcf  × $  5.06 =       $278

────────────────────────────────────────────────────
Month total                                     $278

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/274906 is the state's own key, not one this site invented.