CAIN RANCH

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 277490District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.7 M
Jun 2008 – Nov 2019
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
138
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 Gas112016-01-22208313
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
CondensateDisposition10,605 bbl$1,003,399
GasProduction127,030 Mcf$742,052
Total$1,745,450

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 33.5536, -97.5418. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.55359, -97.54176 · 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
8,045 ft
1 wells filed one
Completion to plug
11.4 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 8,045 ft.

Completions filed
Jun 2008
1 of 1 wells
Plug dates filed
Nov 2019
1 of 1 wells

Last completion to plug: a median of 11.4 years across the 1 well that filed both dates, with the middle half between 11.4 years and 11.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3373400218,045 ftJun 2008Nov 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 (138)

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

138 months

Nov 20190055.302.75$0
Oct 201901,24453.472.42$3,009
Sep 20190655.052.66$16
Aug 20190553.112.30$12
Jul 201901256.272.46$30
Jun 20190652.782.49$15
May 20190458.482.74$11
Apr 20190562.632.75$14
Mar 20190656.803.06$18
Feb 20190550.852.79$14
Jan 20190546.033.23$16
Dec 20180446.594.19$17
Nov 20180452.934.24$17
Oct 20180461.443.40$14
Sep 20180359.543.11$9
Aug 20180559.403.07$15
Jul 20180565.142.93$15
Jun 20180460.183.08$12
May 20180465.382.90$12
Apr 20180763.842.90$20
Mar 20180561.222.79$14
Feb 20180661.782.77$17
Jan 20180662.874.01$24
Dec 20170457.272.92$12
Nov 20170555.423.12$16
Oct 20170549.292.98$15
Sep 20170547.523.09$15
Aug 20170545.373.00$15
Jul 20170843.873.09$25
Jun 20170542.493.09$15
May 20170645.373.26$20
Apr 20170447.933.21$13
Mar 20170546.772.98$15
Feb 20170550.452.95$15
Jan 20170449.413.42$14
Dec 20160548.763.72$19
Nov 20160042.492.64$0
Oct 20160146.193.09$3
Sep 20160241.553.10$6
Aug 20160141.442.92$3
Jul 20160141.622.92$3
Jun 20160745.352.69$19
May 201604742.521.99$94
Apr 201602436.561.99$48
Mar 201604133.011.79$74
Feb 20160026.472.06$0
Jan 201603227.352.36$76
Dec 20150032.362.00$0
Nov 201502738.792.17$59
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 201501948.152.95$56
Jun 20150056.152.88$0
May 201509855.212.96$290
Apr 20151791,19349.822.71$12,147
Mar 201501,15242.892.93$3,381
Feb 2015097944.662.98$2,914
Jan 201501,50743.433.10$4,673
Dec 2014062454.693.59$2,241
Nov 2014059270.464.25$2,517
Oct 2014038278.303.90$1,490
Sep 2014163886.164.05$14,076
Aug 201402889.394.04$113
Jul 201401996.564.18$79
Jun 20140098.164.74$0
May 20140294.734.73$9
Apr 201403795.944.81$178
Mar 20140995.895.06$46
Feb 201402397.406.19$142
Jan 20141665590.404.86$15,274
Dec 201305291.824.35$226
Nov 201304688.853.74$172
Oct 201305397.423.78$200
Sep 2013039104.113.72$145
Aug 201319139104.253.52$20,049
Jul 2013035102.523.72$130
Jun 201304494.403.93$173
May 201305294.834.15$216
Apr 201301293.964.28$51
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130491.603.42$14
Dec 201204486.773.42$150
Nov 201204486.953.62$160
Oct 2012174789.383.40$15,576
Sep 201203194.672.92$90
Aug 201203692.662.91$105
Jul 201204685.133.02$139
Jun 201205179.822.52$128
May 20121714791.612.49$15,782
Apr 2012076101.652.00$152
Mar 2012069105.052.22$153
Feb 201216957101.102.57$17,232
Jan 201209698.092.73$262
Dec 201131326096.873.24$31,163
Nov 201109295.723.31$305
Oct 20111715184.983.65$14,718
Sep 201102683.623.99$104
Aug 201102683.404.15$108
Jul 201103994.144.52$176
Jun 201103992.904.64$181
May 201103698.134.40$159
Apr 201117448105.964.33$18,645
Mar 201104896.364.06$195
Feb 201101185.644.18$46
Jan 201101786.504.59$78
Dec 201018219685.734.35$16,455
Nov 20100080.843.80$0
Oct 2010824678.103.51$6,566
Sep 201008372.633.98$330
Aug 20101558573.684.42$11,796
Jul 201008572.554.74$403
Jun 2010758870.364.91$5,709
May 20100071.124.24$0
Apr 2010136081.694.12$11,110
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 200901,31774.593.75$4,941
Oct 200904,19372.544.11$17,234
Sep 200904,28365.543.06$13,126
Aug 20091944,62067.423.22$27,949
Jul 200904,90261.133.46$16,983
Jun 200905,04266.163.90$19,639
May 20091926554.743.93$10,765
Apr 200906,29646.773.59$22,587
Mar 20091787,83142.144.06$39,287
Feb 200907,14532.814.63$33,103
Jan 20091968,17035.865.37$50,910
Dec 20085978,33237.105.98$71,950
Nov 20087838,77255.496.86$103,628
Oct 20087789,62775.246.92$125,175
Sep 200877011,946101.767.88$172,455
Aug 20082,10518,849114.228.48$400,330
Jul 20081,7324,042131.0811.39$273,067
Jun 20085791,011131.3313.03$89,216

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.

Oct 2019 — as filed, then multipliedworked
Condensate             0 bbl  × $ 53.47 =         $0
Gas                1,244 Mcf  × $  2.42 =     $3,009

────────────────────────────────────────────────────
Month total                                   $3,009

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/277490 is the state's own key, not one this site invented.