PARK 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 277952District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.1 M
Jan 2008 – Feb 2016
Value, last 12 filed months
$0
at the published price for each month
Months reported
93
5 months not filed
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 Gas112016-01-22208356
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
CondensateDisposition4,696 bbl$430,449
GasProduction271,944 Mcf$1,648,845
Total$2,079,294

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 33.5311, -97.5118. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.53110, -97.51181 · 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
0.0%
0 of 1 wells
Median depth
8,238 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
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 8,238 ft.

Completions filed
Dec 2012
1 of 1 wells

1 well

42-3373396358,238 ftDec 2012Yes

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 (93)

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

93 months

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 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
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 201351091.603.42$4,672
Dec 20120086.773.42$0
Nov 20120486.953.62$15
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 2012105092.662.91$9,729
Jul 20120385.133.02$9
Jun 20120079.822.52$0
May 20120591.612.49$12
Apr 20120256101.652.00$511
Mar 20120466105.052.22$1,035
Feb 20120393101.102.57$1,010
Jan 2012038898.092.73$1,061
Dec 2011068396.873.24$2,213
Nov 20111771,10095.723.31$20,585
Oct 201117477684.983.65$17,618
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 201101,63494.144.52$7,381
Jun 201103,74292.904.64$17,362
May 201103,78498.134.40$16,668
Apr 201103,828105.964.33$16,588
Mar 201103,96996.364.06$16,104
Feb 201103,73985.644.18$15,629
Jan 201105,00586.504.59$22,967
Dec 201005,57085.734.35$24,217
Nov 201003,66880.843.80$13,921
Oct 2010874778.103.51$6,960
Sep 201004,43372.633.98$17,641
Aug 201004,88573.684.42$21,589
Jul 201004,42472.554.74$20,954
Jun 20101734,81570.364.91$35,816
May 201005,11271.124.24$21,650
Apr 201005,11281.694.12$21,075
Mar 201005,49378.394.39$24,107
Feb 201005,08173.585.44$27,653
Jan 20101725,73774.365.96$47,006
Dec 200905,67971.445.48$31,142
Nov 200905,70674.593.75$21,406
Oct 200906,17672.544.11$25,385
Sep 200906,35265.543.06$19,467
Aug 20091905,80167.423.22$31,480
Jul 200907,33761.133.46$25,419
Jun 200909,41466.163.90$36,668
May 200907,25654.743.93$28,485
Apr 200907,98946.773.59$28,661
Mar 20091849,01142.144.06$44,329
Feb 200907,97532.814.63$36,948
Jan 2009456,28235.865.37$35,354
Dec 20081386,75137.105.98$45,471
Nov 2008886,93755.496.86$52,473
Oct 200807,49575.246.92$51,880
Sep 20081387,956101.767.88$76,713
Aug 20082297,261114.228.48$87,752
Jul 20081377,227131.0811.39$100,269
Jun 20083415,189131.3313.03$112,410
May 20081437,427123.1711.57$103,576
Apr 200814110,186110.3110.45$122,047
Mar 200832512,500101.909.66$153,918
Feb 200860812,62592.538.77$166,987
Jan 20081,05011,26090.388.21$187,296

Not filed, and not zero: Apr 2013 – Aug 2013 (5 months). The Railroad Commission holds no report for those months, so this page shows none — a zero would state that the lease produced nothing.

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.

Jan 2013 — as filed, then multipliedworked
Condensate            51 bbl  × $ 91.60 =     $4,672
Gas                    0 Mcf  × $  3.42 =         $0

────────────────────────────────────────────────────
Month total                                   $4,672

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/277952 is the state's own key, not one this site invented.