LEETON PHILLIPS

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 278755District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.8 M
Sep 2008 – Dec 2025
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
208
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 Gas112016-01-22208336
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
CondensateDisposition20,455 bbl$1,377,656
GasProduction118,429 Mcf$455,763
Total$1,833,418

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 33.6829, -97.5051. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.68290, -97.50513 · 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
9,097 ft
1 wells filed one
Completion to plug
16.8 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 9,097 ft.

Completions filed
Sep 2008
1 of 1 wells
Plug dates filed
Jun 2025
1 of 1 wells

Last completion to plug: a median of 16.8 years across the 1 well that filed both dates, with the middle half between 16.8 years and 16.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3373404529,097 ftSep 2008Jun 2025Yes

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 (208)

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

208 months

Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 202576066.743.32$5,072
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230280.522.67$5
Jul 20230374.852.64$8
Jun 20230368.962.26$7
May 20230370.622.23$7
Apr 20230378.122.24$7
Mar 20230372.852.39$7
Feb 20230375.112.47$7
Jan 20230376.533.39$10
Dec 20220376.415.73$17
Nov 20220385.005.65$17
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
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 20220281.844.54$9
Dec 202104971.323.90$191
Nov 202105377.435.24$278
Oct 202106679.795.71$377
Sep 202108769.865.35$466
Aug 2021012066.024.22$506
Jul 2021013970.783.98$554
Jun 2021014069.493.38$473
May 2021012063.483.02$362
Apr 2021013160.362.76$361
Mar 2021012361.302.72$334
Feb 2021013457.805.55$743
Jan 2021015750.412.81$441
Dec 2020019144.642.68$511
Nov 2020021538.772.71$582
Oct 2020025836.972.48$639
Sep 2020025537.091.99$508
Aug 2020045139.982.39$1,076
Jul 20200038.371.83$0
Jun 2020035234.901.69$595
May 202005216.921.81$94
Apr 20200014.751.80$0
Mar 2020280430.341.86$1,553
Feb 202017175049.881.98$10,015
Jan 2020176557.252.09$1,660
Dec 201915881959.012.30$11,211
Nov 2019078855.302.75$2,168
Oct 2019083753.472.42$2,024
Sep 2019277655.052.66$2,172
Aug 201916779153.112.30$10,692
Jul 2019278256.272.46$2,036
Jun 2019076552.782.49$1,906
May 201917477058.482.74$12,286
Apr 2019170462.632.75$1,999
Mar 2019280656.803.06$2,582
Feb 201916875350.852.79$10,645
Jan 2019180546.033.23$2,645
Dec 2018382246.594.19$3,580
Nov 201817780252.934.24$12,767
Oct 2018082161.443.40$2,790
Sep 2018069259.543.11$2,151
Aug 201817774259.403.07$12,789
Jul 2018280265.142.93$2,482
Jun 2018078360.183.08$2,409
May 201817176465.382.90$13,396
Apr 2018177063.842.90$2,297
Mar 2018279461.222.79$2,335
Feb 201817969561.782.77$12,981
Jan 2018182662.874.01$3,375
Dec 201717579957.272.92$12,357
Nov 2017274155.423.12$2,422
Oct 201716173949.292.98$10,141
Sep 2017272147.523.09$2,321
Aug 2017273845.373.00$2,308
Jul 201716574943.873.09$9,551
Jun 2017468242.493.09$2,275
May 201716960345.373.26$9,635
Apr 2017364847.933.21$2,225
Mar 201717274946.772.98$10,279
Feb 2017462150.452.95$2,035
Jan 201733587749.413.42$19,551
Dec 201633645248.763.72$18,066
Nov 201603742.492.64$98
Oct 201603546.193.09$108
Sep 20160041.553.10$0
Aug 201601641.442.92$47
Jul 201603841.622.92$111
Jun 201601245.352.69$32
May 201604842.521.99$96
Apr 201601236.561.99$24
Mar 201605933.011.79$106
Feb 201603126.472.06$64
Jan 201605027.352.36$118
Dec 201503132.362.00$62
Nov 201504938.792.17$106
Oct 201506443.552.43$155
Sep 201508542.992.76$234
Aug 2015011540.162.87$330
Jul 2015013748.152.95$403
Jun 2015015456.152.88$444
May 2015019055.212.96$562
Apr 2015020849.822.71$563
Mar 2015022942.892.93$672
Feb 2015027744.662.98$824
Jan 2015143443.433.10$1,389
Dec 2014175054.693.59$2,748
Nov 201418375370.464.25$16,096
Oct 2014172478.303.90$2,903
Sep 201417966686.164.05$18,117
Aug 201417254889.394.04$17,586
Jul 2014023696.564.18$986
Jun 2014037498.164.74$1,772
May 2014062794.734.73$2,964
Apr 2014190595.944.81$4,448
Mar 201418598295.895.06$22,705
Feb 201417783397.406.19$22,398
Jan 2014188890.404.86$4,407
Dec 201311,03591.824.35$4,599
Nov 20131761,00688.853.74$19,398
Oct 201311,08997.423.78$4,213
Sep 20131791,083104.113.72$22,662
Aug 201311,061104.253.52$3,842
Jul 20133391,024102.523.72$38,561
Jun 2013035294.403.93$1,385
May 2013073894.834.15$3,062
Apr 201317488793.964.28$20,148
Mar 201316392093.623.91$18,860
Feb 201317782691.233.42$18,973
Jan 201316779391.603.42$18,009
Dec 201208686.773.42$294
Nov 2012013086.953.62$471
Oct 201217544589.383.40$17,154
Sep 2012037794.672.92$1,100
Aug 20121581,17792.662.91$18,063
Jul 2012043785.133.02$1,320
Jun 2012084779.822.52$2,134
May 201217898491.612.49$18,755
Apr 20121721,016101.652.00$19,513
Mar 20120962105.052.22$2,138
Feb 2012177821101.102.57$20,005
Jan 201216686498.092.73$18,645
Dec 201136188596.873.24$37,837
Nov 201117379195.723.31$19,179
Oct 201117496584.983.65$18,307
Sep 2011088983.623.99$3,543
Aug 201117290883.404.15$18,112
Jul 20111741,00094.144.52$20,898
Jun 201101,02792.904.64$4,765
May 201117497098.134.40$21,347
Apr 2011177928105.964.33$22,776
Mar 20111731,07596.364.06$21,032
Feb 201116586985.644.18$17,763
Jan 20113291,09586.504.59$33,483
Dec 20101626185.734.35$14,153
Nov 201016622780.843.80$14,281
Oct 201003478.103.51$119
Sep 2010033872.633.98$1,345
Aug 20105131,09173.684.42$42,619
Jul 2010015772.554.74$744
Jun 2010041270.364.91$2,023
May 2010085871.124.24$3,634
Apr 20101661,50081.694.12$19,745
Mar 20103361,59678.394.39$33,343
Feb 20103361,50973.585.44$32,935
Jan 20101691,81774.365.96$23,404
Dec 20093371,90671.445.48$34,527
Nov 20093882,04574.593.75$36,613
Oct 20093662,33672.544.11$36,151
Sep 20095682,45565.543.06$44,751
Aug 2009053967.423.22$1,735
Jul 20093832,34261.133.46$31,527
Jun 20093092,53666.163.90$30,321
May 20096272,99954.743.93$46,095
Apr 20096293,61646.773.59$42,391
Mar 20099114,20142.144.06$55,441
Feb 20097831,79732.814.63$34,016
Jan 200979676835.865.37$32,669
Dec 20088001,87637.105.98$40,893
Nov 20081,2491,98755.496.86$82,939
Oct 20081,7261,85675.246.92$142,711
Sep 20081901,340101.767.88$29,890

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.

Jul 2025 — as filed, then multipliedworked
Condensate            76 bbl  × $ 66.74 =     $5,072
Gas                    0 Mcf  × $  3.32 =         $0

────────────────────────────────────────────────────
Month total                                   $5,072

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/278755 is the state's own key, not one this site invented.