MARKEN

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 275617District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$479 k
Dec 2008 – Aug 2022
Value, last 12 filed months
$287
at the published price for each month
Months reported
165
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 Gas112015-06-15208221
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
CondensateDisposition3,393 bbl$224,562
GasProduction56,829 Mcf$254,581
Total$479,143

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 33.4702, -97.5078. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.47022, -97.50778 · 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
8,557 ft
1 wells filed one
Completion to plug
13.4 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 8,557 ft.

Completions filed
Dec 2008
1 of 1 wells
Plug dates filed
May 2022
1 of 1 wells

Last completion to plug: a median of 13.4 years across the 1 well that filed both dates, with the middle half between 13.4 years and 13.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3373414218,557 ftDec 2008May 2022Yes

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 (165)

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

165 months

Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 2022034109.378.43$287
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
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 2015471055.212.96$2,624
Apr 20151741449.822.71$8,707
Mar 2015111242.892.93$507
Feb 20152131344.662.98$1,869
Jan 201502643.433.10$81
Dec 2014162354.693.59$958
Nov 2014102370.464.25$802
Oct 20140778.303.90$27
Sep 2014323586.164.05$2,899
Aug 20140189.394.04$4
Jul 201492196.564.18$8,888
Jun 2014135298.164.74$1,522
May 20148994.734.73$800
Apr 20141395.944.81$110
Mar 20140095.895.06$0
Feb 20145697.406.19$524
Jan 20141490.404.86$110
Dec 201331491.824.35$336
Nov 20131826288.853.74$16,402
Oct 201308697.423.78$325
Sep 2013158104.113.72$320
Aug 20131241104.253.52$953
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 201301294.834.15$50
Apr 20130093.964.28$0
Mar 20131731393.623.91$16,247
Feb 201302291.233.42$75
Jan 201302891.603.42$96
Dec 201202486.773.42$82
Nov 201202886.953.62$102
Oct 201203389.383.40$112
Sep 20121703294.672.92$16,187
Aug 201204592.662.91$131
Jul 201205485.133.02$163
Jun 20121776479.822.52$14,289
May 201209691.612.49$239
Apr 201217597101.652.00$17,982
Mar 20120109105.052.22$242
Feb 2012039101.102.57$100
Jan 20120198.092.73$3
Dec 201103996.873.24$126
Nov 20110695.723.31$20
Oct 20111727084.983.65$14,872
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110198.134.40$4
Apr 201104105.964.33$17
Mar 20110696.364.06$24
Feb 201101185.644.18$46
Jan 20110086.504.59$0
Dec 2010052485.734.35$2,278
Nov 201016844980.843.80$15,285
Oct 201001,07278.103.51$3,762
Sep 2010095872.633.98$3,812
Aug 2010080573.684.42$3,558
Jul 201001,61472.554.74$7,645
Jun 201001,03270.364.91$5,068
May 20101721,36571.124.24$18,014
Apr 201001,08381.694.12$4,465
Mar 201001,09478.394.39$4,801
Feb 2010091473.585.44$4,974
Jan 201017389374.365.96$18,190
Dec 200901,31571.445.48$7,211
Nov 200916940774.593.75$14,133
Oct 2009086672.544.11$3,559
Sep 2009084465.543.06$2,587
Aug 200901,38067.423.22$4,442
Jul 200901,53161.133.46$5,304
Jun 200902,15966.163.90$8,409
May 20091732,60954.743.93$19,712
Apr 20091794,03746.773.59$22,855
Mar 20091736,43442.144.06$33,406
Feb 20093518,14032.814.63$49,229
Jan 200935011,02435.865.37$71,761
Dec 200802,41237.105.98$14,417

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 2022 — as filed, then multipliedworked
Condensate             0 bbl  × $109.37 =         $0
Gas                   34 Mcf  × $  8.43 =       $287

────────────────────────────────────────────────────
Month total                                     $287

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/275617 is the state's own key, not one this site invented.