SANDMAN 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 276372District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.0 M
Jul 2009 – Oct 2019
Value, last 12 filed months
$0
at the published price for each month
Months reported
124
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 Gas112015-07-20209055
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
CondensateDisposition11,135 bbl$879,687
GasProduction39,319 Mcf$156,970
Total$1,036,656

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 33.5588, -97.4791. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.55879, -97.47914 · 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
8,514 ft
1 wells filed one
Completion to plug
10.3 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 8,514 ft.

Completions filed
Jul 2009
1 of 1 wells
Plug dates filed
Oct 2019
1 of 1 wells

Last completion to plug: a median of 10.3 years across the 1 well that filed both dates, with the middle half between 10.3 years and 10.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-0973403528,514 ftJul 2009Oct 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 (124)

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

124 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 2016156033.011.79$5,150
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150538.792.17$11
Oct 2015030443.552.43$738
Sep 20151687242.992.76$7,421
Aug 2015116640.162.87$517
Jul 201517424748.152.95$9,106
Jun 20151256.152.88$62
May 20151711,37255.212.96$13,496
Apr 20151749.822.71$69
Mar 20151242.892.93$49
Feb 201512244.662.98$110
Jan 201515143.433.10$202
Dec 20141756354.693.59$9,797
Nov 20141670.464.25$96
Oct 201412878.303.90$188
Sep 201412186.164.05$171
Aug 2014110689.394.04$517
Jul 20141656596.564.18$16,204
Jun 2014110098.164.74$572
May 201417317594.734.73$17,215
Apr 201417710395.944.81$17,477
Mar 2014113695.895.06$784
Feb 20141758797.406.19$17,584
Jan 201414590.404.86$309
Dec 201311091.824.35$135
Nov 201317812888.853.74$16,294
Oct 201317513297.423.78$17,547
Sep 20131133104.113.72$599
Aug 2013173151104.253.52$18,567
Jul 2013176134102.523.72$18,542
Jun 201317714294.403.93$17,267
May 201317419794.834.15$17,318
Apr 2013010893.964.28$463
Mar 2013010993.623.91$427
Feb 20130091.233.42$0
Jan 20131782391.603.42$16,383
Dec 201207286.773.42$246
Nov 201217114486.953.62$15,390
Oct 2012014689.383.40$496
Sep 201217316894.672.92$16,868
Aug 201217112892.662.91$16,217
Jul 201217213485.133.02$15,047
Jun 201217613979.822.52$14,398
May 2012014291.612.49$353
Apr 2012175128101.652.00$18,044
Mar 2012178157105.052.22$19,048
Feb 2012077101.102.57$198
Jan 201207698.092.73$208
Dec 20110096.873.24$0
Nov 20111501795.723.31$14,414
Oct 201101284.983.65$44
Sep 201106383.623.99$251
Aug 201102483.404.15$100
Jul 20110094.144.52$0
Jun 20111662,03992.904.64$24,882
May 20111751,75898.134.40$24,916
Apr 201101,949105.964.33$8,446
Mar 20113423,15596.364.06$45,756
Feb 20113441,79085.644.18$36,942
Jan 20113491,08386.504.59$35,158
Dec 201005285.734.35$226
Nov 201002080.843.80$76
Oct 201033226678.103.51$26,863
Sep 2010079272.633.98$3,152
Aug 201033883673.684.42$28,598
Jul 20105221,12972.554.74$43,219
Jun 201017444170.364.91$14,408
May 201017561871.124.24$15,063
Apr 201017436381.694.12$15,711
Mar 201016226078.394.39$13,840
Feb 20101731,10573.585.44$18,743
Jan 20105241,27774.365.96$46,581
Dec 20091741,14771.445.48$18,720
Nov 20095771,40474.593.75$48,306
Oct 20093772,56872.544.11$37,903
Sep 20097673,44665.543.06$60,830
Aug 20091,1445,73867.423.22$95,596
Jul 20090461.133.46$14

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 2016 — as filed, then multipliedworked
Condensate           156 bbl  × $ 33.01 =     $5,150
Gas                    0 Mcf  × $  1.79 =         $0

────────────────────────────────────────────────────
Month total                                   $5,150

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/276372 is the state's own key, not one this site invented.