RUTH ESTATE 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 278502District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.1 M
Jul 2007 – Apr 2021
Value, last 12 filed months
$0
at the published price for each month
Months reported
166
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 Gas112016-01-22208900
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
CondensateDisposition17,288 bbl$1,355,436
GasProduction106,822 Mcf$779,377
Total$2,134,813

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 33.5128, -97.4483. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.51284, -97.44831 · 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
8,701 ft
1 wells filed one
Completion to plug
12.6 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 8,701 ft.

Completions filed
Feb 2007
1 of 1 wells
Plug dates filed
Sep 2019
1 of 1 wells

Last completion to plug: a median of 12.6 years across the 1 well that filed both dates, with the middle half between 12.6 years and 12.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-0973386638,701 ftFeb 2007Sep 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 (166)

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

166 months

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 201903553.112.30$81
Jul 20190756.272.46$17
Jun 201901052.782.49$25
May 201902858.482.74$77
Apr 201902062.632.75$55
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 201902946.033.23$94
Dec 201804546.594.19$188
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 201801859.543.11$56
Aug 201801359.403.07$40
Jul 20180665.142.93$18
Jun 20180960.183.08$28
May 201801265.382.90$35
Apr 201802763.842.90$78
Mar 2018751361.222.79$4,628
Feb 201802061.782.77$55
Jan 201805762.874.01$229
Dec 201702757.272.92$79
Nov 201703055.423.12$94
Oct 20170149.292.98$3
Sep 201703447.523.09$105
Aug 201703445.373.00$102
Jul 201702243.873.09$68
Jun 201703442.493.09$105
May 201702645.373.26$85
Apr 201703247.933.21$103
Mar 201703746.772.98$110
Feb 201701950.452.95$56
Jan 201706349.413.42$215
Dec 20160748.763.72$26
Nov 20160142.492.64$3
Oct 20160046.193.09$0
Sep 20160341.553.10$9
Aug 20160441.442.92$12
Jul 20160841.622.92$23
Jun 20160045.352.69$0
May 201601142.521.99$22
Apr 20160636.561.99$12
Mar 201601333.011.79$23
Feb 201601026.472.06$21
Jan 201603227.352.36$76
Dec 201503832.362.00$76
Nov 201503338.792.17$72
Oct 201503543.552.43$85
Sep 201504242.992.76$116
Aug 201504140.162.87$118
Jul 201503548.152.95$103
Jun 201504056.152.88$115
May 201503855.212.96$112
Apr 201504149.822.71$111
Mar 201504442.892.93$129
Feb 201503544.662.98$104
Jan 201504343.433.10$133
Dec 201404154.693.59$147
Nov 201404770.464.25$200
Oct 201406678.303.90$257
Sep 201403286.164.05$129
Aug 201401889.394.04$73
Jul 201403896.564.18$159
Jun 201406598.164.74$308
May 201408794.734.73$411
Apr 2014010195.944.81$486
Mar 2014013795.895.06$693
Feb 20140897.406.19$50
Jan 201409690.404.86$467
Dec 2013011591.824.35$501
Nov 2013010188.853.74$378
Oct 2013012097.423.78$454
Sep 20130109104.113.72$405
Aug 20130113104.253.52$398
Jul 2013099102.523.72$368
Jun 2013010394.403.93$405
May 201307294.834.15$299
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 201312211391.233.42$11,517
Jan 2013011391.603.42$386
Dec 2012011786.773.42$400
Nov 201209786.953.62$352
Oct 201206989.383.40$235
Sep 201205594.672.92$161
Aug 201203392.662.91$96
Jul 201205885.133.02$175
Jun 201202579.822.52$63
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 2012046105.052.22$102
Feb 201216159101.102.57$16,429
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110694.144.52$27
Jun 201101392.904.64$60
May 20110098.134.40$0
Apr 20110304105.964.33$1,317
Mar 2011064396.364.06$2,609
Feb 2011061785.644.18$2,579
Jan 2011066586.504.59$3,052
Dec 2010067785.734.35$2,943
Nov 201016465080.843.80$15,725
Oct 2010068078.103.51$2,386
Sep 2010074372.633.98$2,957
Aug 20104381573.684.42$6,770
Jul 20107882372.554.74$9,557
Jun 201011879470.364.91$12,201
May 201017081371.124.24$15,534
Apr 2010065981.694.12$2,717
Mar 201005778.394.39$250
Feb 20100073.585.44$0
Jan 2010055274.365.96$3,292
Dec 2009059771.445.48$3,274
Nov 20093701,17874.593.75$32,018
Oct 200901,19872.544.11$4,924
Sep 200919498165.543.06$15,721
Aug 200901,06567.423.22$3,428
Jul 20093801,01461.133.46$26,742
Jun 2009082766.163.90$3,221
May 200901,06254.743.93$4,169
Apr 20091731,05846.773.59$11,887
Mar 20091751,11442.144.06$11,896
Feb 2009095032.814.63$4,401
Jan 200917091135.865.37$10,989
Dec 200801,24637.105.98$7,448
Nov 20083771,55855.496.86$31,608
Oct 20081792,25475.246.92$29,070
Sep 20081792,245101.767.88$35,899
Aug 20085492,463114.228.48$83,600
Jul 200802,977131.0811.39$33,906
Jun 20083603,744131.3313.03$96,073
May 20081905,916123.1711.57$91,876
Apr 20083707,194110.3110.45$116,027
Mar 20085466,635101.909.66$119,759
Feb 20083823,90892.538.77$69,622
Jan 20087164,40290.388.21$100,834
Dec 20077493,60588.337.30$92,483
Nov 20071,1003,70491.677.29$127,845
Oct 200716482.856.92$526
Sep 200701675.846.24$100
Aug 20073,14814,22469.066.39$308,263
Jul 20076,04915,58070.906.39$528,398

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.

Aug 2019 — as filed, then multipliedworked
Condensate             0 bbl  × $ 53.11 =         $0
Gas                   35 Mcf  × $  2.30 =        $81

────────────────────────────────────────────────────
Month total                                      $81

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/278502 is the state's own key, not one this site invented.