GOOCH

Operated by EOG RESOURCES, INC. (P-5 253162) in the IZOD (OIL CREEK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 20960District 09Field 44862500NGPA filingOilCasinghead gasSaveExport
Value, all time
$943 k
Jan 1993 – Feb 2003
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
122
no gaps in the span
Streams
2
oil, casinghead 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 3 leases and 3 wells, and the rule below applies to all of them.

Discovered
1981-04-14
as the register files it
Field class
Oil
the register's own label
Between wells
1,867 ft
minimum
From a lease line
933 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 1994-06-07.

The Commission's schedule remark for this field reads: INTERVALS 15,268 TO 15,343

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
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
OilDisposition45,614 bbl$800,363
Casinghead gasProduction69,343 Mcf$143,133
Total$943,496

17,338 Mcf of this lease's gas, across 23 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 33.7972, -96.9705. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.79717, -96.97054 · 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
15,700 ft
1 wells filed one
Completion to plug
8.5 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 15,700 ft.

Completions filed
May 1994
1 of 1 wells
Plug dates filed
Nov 2002
1 of 1 wells

Last completion to plug: a median of 8.5 years across the 1 well that filed both dates, with the middle half between 8.5 years and 8.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-09731602115,700 ftMay 1994Nov 2002Yes

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 (122)

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

122 months

Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 200235023.733.34$831
May 2002124024.663.58$3,058
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 2001175024.873.05$4,352
Jul 20010023.933.20$0
Jun 20010224.563.82$8
May 20010025.524.31$0
Apr 2001181024.685.34$4,467
Mar 2001356024.545.38$8,736
Feb 2001043327.755.77$2,497
Jan 2001027527.478.40$2,310
Dec 200019762426.889.12$10,988
Nov 20002011,18832.215.66$13,196
Oct 200037657531.235.15$14,701
Sep 20003851,35831.875.19$19,313
Aug 20003991,11129.644.54$16,871
Jul 200019492728.534.09$9,326
Jun 200038689829.304.40$15,259
May 200039060527.263.68$12,858
Apr 200019663624.513.12$6,786
Mar 20003861,07028.422.86$14,030
Feb 200039795627.622.73$13,572
Jan 200018473525.272.48$6,473
Dec 19995351,09224.282.42$15,637
Nov 199935063023.192.43$9,650
Oct 199936060220.982.80$9,241
Sep 199935784521.752.62$9,978
Aug 199953291619.262.88$12,880
Jul 199905017.892.37$119
Jun 199917950615.942.36$4,048
May 19999432,52615.792.32$20,753
Apr 19997552,68315.102.21$17,325
Mar 19999572,69812.471.84$16,894
Feb 19991,1892,4139.981.82$16,253
Jan 19993952,80410.381.90$9,428
Dec 19981,1212,7419.201.77$15,174
Nov 19987792,40210.892.19$13,733
Oct 19981,1162,90512.421.97$19,581
Sep 19983642,82212.592.08$10,460
Aug 19981,0931,81111.301.91$15,805
Jul 1998777011.742.24$9,122
Jun 199876242211.242.24$9,509
May 1998748012.622.21$9,440
Apr 19987133313.042.51$9,380
Mar 19987531,66512.802.31$13,484
Feb 199838852013.952.30$6,608
Jan 1998051914.702.15$1,118
Dec 199772544716.322.41$12,910
Nov 199755710418.193.09$10,453
Oct 19975412,61019.253.15$18,635
Sep 19973783,12617.742.95$15,943
Aug 199754634817.862.55$10,641
Jul 199754537217.582.25$10,417
Jun 1997176017.242.26$3,034
May 19970018.972.31$0
Apr 19971,069017.882.08$19,114
Mar 1997359018.951.94$6,803
Feb 1997712020.492.21$14,589
Jan 1997349023.483.54$8,195
Dec 1996711023.32$16,581
Nov 1996361021.97$7,931
Oct 1996750023.31$17,483
Sep 1996804022.22$17,865
Aug 1996459020.26$9,299
Jul 1996942019.55$18,416
Jun 1996462018.73$8,653
May 1996869019.43$16,885
Apr 1996457021.51$9,830
Mar 1996918019.38$17,791
Feb 1996888016.98$15,078
Jan 1996443017.07$7,562
Dec 1995417017.19$7,168
Nov 199592236016.00$14,752
Oct 1995437015.43$6,743
Sep 199592836016.18$15,015
Aug 1995458015.92$7,291
Jul 199581136415.24$12,360
Jun 1995439016.41$7,204
May 199583232817.56$14,610
Apr 1995259117.73$4,592
Mar 19950016.44$0
Feb 19950016.58$0
Jan 19950015.92$0
Dec 19940115.03$0
Nov 19940115.90$0
Oct 19940115.58$0
Sep 19940015.29$0
Aug 199408416.13$0
Jul 1994040317.56$0
Jun 199446288917.09$7,896
May 199485174815.88$13,514
Apr 19940014.14$0
Mar 19940012.46$0
Feb 19940012.50$0
Jan 19940012.66$0
Dec 19930012.33$0
Nov 199339623414.49$5,738
Oct 199342869515.85$6,784
Sep 19934341,37815.03$6,523
Aug 19934292,09315.66$6,718
Jul 19938592,06515.46$13,280
Jun 19934111,57016.79$6,901
May 19934361,82317.68$7,708
Apr 19938701,88018.05$15,704
Mar 1993098618.14$0
Feb 199334449417.90$6,158
Jan 199344258016.93$7,483

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.

Jun 2002 — as filed, then multipliedworked
Oil                   35 bbl  × $ 23.73 =       $831
Casinghead gas         0 Mcf  × $  3.34 =         $0

────────────────────────────────────────────────────
Month total                                     $831

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/O/20960 is the state's own key, not one this site invented.