POLSON

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 277635District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$698 k
Sep 2008 – Jul 2022
Value, last 12 filed months
$0
at the published price for each month
Months reported
167
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 Gas112016-01-22208363
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
CondensateDisposition3,789 bbl$261,961
GasProduction92,217 Mcf$435,968
Total$697,930

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 33.6356, -97.5934. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.63563, -97.59342 · 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
7,950 ft
1 wells filed one
Completion to plug
13.8 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 7,950 ft.

Completions filed
Sep 2008
1 of 1 wells
Plug dates filed
Jul 2022
1 of 1 wells

Last completion to plug: a median of 13.8 years across the 1 well that filed both dates, with the middle half between 13.8 years and 13.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3373404927,950 ftSep 2008Jul 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 (167)

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

167 months

Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
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 201592843.552.43$4,026
Sep 20150742.992.76$19
Aug 20150840.162.87$23
Jul 20150748.152.95$21
Jun 20150956.152.88$26
May 201501455.212.96$41
Apr 201501449.822.71$38
Mar 20150042.892.93$0
Feb 201501144.662.98$33
Jan 201501543.433.10$47
Dec 20140054.693.59$0
Nov 201401870.464.25$77
Oct 201401678.303.90$62
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 201402998.164.74$137
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 2013029693.964.28$1,268
Mar 2013068093.623.91$2,661
Feb 2013063191.233.42$2,158
Jan 2013062991.603.42$2,151
Dec 2012063386.773.42$2,165
Nov 201217058486.953.62$16,898
Oct 2012071889.383.40$2,441
Sep 2012073194.672.92$2,133
Aug 2012079092.662.91$2,297
Jul 201234363785.133.02$31,124
Jun 201207479.822.52$186
May 2012071391.612.49$1,774
Apr 20121731,109101.652.00$19,800
Mar 201201,107105.052.22$2,460
Feb 2012026101.102.57$67
Jan 20120298.092.73$5
Dec 20110096.873.24$0
Nov 20110695.723.31$20
Oct 20110384.983.65$11
Sep 2011013483.623.99$534
Aug 2011042883.404.15$1,776
Jul 201117180594.144.52$19,734
Jun 2011099592.904.64$4,617
May 201101,01398.134.40$4,462
Apr 201101,037105.964.33$4,494
Mar 201101,12096.364.06$4,544
Feb 2011096985.644.18$4,050
Jan 201101,09986.504.59$5,043
Dec 20101671,10985.734.35$19,139
Nov 201001,13580.843.80$4,308
Oct 201001,20078.103.51$4,211
Sep 201001,14072.633.98$4,537
Aug 2010096973.684.42$4,282
Jul 201001,10772.554.74$5,243
Jun 2010701,42270.364.91$11,908
May 201002,43471.124.24$10,309
Apr 20101712,91681.694.12$25,991
Mar 201002,07578.394.39$9,106
Feb 2010057773.585.44$3,140
Jan 201001,11674.365.96$6,656
Dec 200901,84271.445.48$10,101
Nov 20091982,76074.593.75$25,123
Oct 200903,01772.544.11$12,401
Sep 200902,83065.543.06$8,673
Aug 20091933,08167.423.22$22,928
Jul 200903,23561.133.46$11,208
Jun 20090066.163.90$0
May 20091084,08254.743.93$21,937
Apr 20093765,01146.773.59$35,562
Mar 200902,30442.144.06$9,352
Feb 200902,32532.814.63$10,772
Jan 20091954,42935.865.37$30,781
Dec 20083936,28837.105.98$52,165
Nov 20081955,37155.496.86$47,668
Oct 20085795,80675.246.92$83,753
Sep 20081955,511101.767.88$63,254

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 2015 — as filed, then multipliedworked
Condensate            92 bbl  × $ 43.55 =     $4,007
Gas                    8 Mcf  × $  2.43 =        $19

────────────────────────────────────────────────────
Month total                                   $4,026

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/277635 is the state's own key, not one this site invented.