CARMINATI

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.

Oil lease lease 31254District 09Field 65280200OilCasinghead gasSaveExport
Value, all time
$904 k
Sep 2008 – Mar 2012
Value, last 12 filed months
$15 k
at the published price for each month
Months reported
43
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 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

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
OilDisposition3,936 bbl$189,052
Casinghead gasProduction146,649 Mcf$714,697
Total$903,749

Wells on this lease (4)

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 33.6510, -97.6550. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

33.65100, -97.65503 · 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%
4 of 4 wells
With a plug date
100.0%
4 of 4 wells
Median depth
7,625 ft
4 wells filed one
Completion to plug
3.3 years
median over 4 wells

What the state filed about each well

On the RRC proration schedule
4100.0%
A plug date is filed
4100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
4100.0%
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

Between 7,590 and 7,654 ft, median 7,625 ft, over the 4 wells that filed a depth.

Completions filed
Aug 2008 – Sep 2008
4 of 4 wells
Plug dates filed
Nov 2011 – Jan 2012
4 of 4 wells

Last completion to plug: a median of 3.3 years across the 4 wells that filed both dates, with the middle half between 3.3 years and 3.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells

42-3373407147,654 ftSep 2008Nov 2011Yes
42-3373406727,590 ftAug 2008Jan 2012Yes
42-3373406617,604 ftAug 2008Dec 2011Yes
42-3373407037,646 ftAug 2008Dec 2011Yes

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 (43)

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

43 months

Mar 201200105.052.22$0
Feb 201200101.102.57$0
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 20111431094.144.52$13,507
Jun 201102392.904.64$107
May 2011012898.134.40$564
Apr 2011093105.964.33$403
Mar 201104696.364.06$187
Feb 2011012385.644.18$514
Jan 2011012186.504.59$555
Dec 2010010085.734.35$435
Nov 2010010680.843.80$402
Oct 2010017778.103.51$621
Sep 2010027272.633.98$1,082
Aug 2010050573.684.42$2,232
Jul 2010064872.554.74$3,069
Jun 2010081670.364.91$4,007
May 201001,06071.124.24$4,489
Apr 201001,28581.694.12$5,298
Mar 201001,56278.394.39$6,855
Feb 201001,58173.585.44$8,604
Jan 201002,25174.365.96$13,425
Dec 200902,61671.445.48$14,345
Nov 20091713,18374.593.75$24,696
Oct 200904,17672.544.11$17,164
Sep 200906,35265.543.06$19,467
Aug 200908,38067.423.22$26,971
Jul 20093447,89961.133.46$48,395
Jun 200904,80266.163.90$18,704
May 200907,51654.743.93$29,506
Apr 20093439,99146.773.59$51,885
Mar 200917512,12942.144.06$56,606
Feb 200953213,15532.814.63$78,402
Jan 200967014,18635.865.37$100,219
Dec 200851911,40137.105.98$87,400
Nov 20081,03922,36255.496.86$211,065
Oct 200807,59475.246.92$52,566
Sep 200800101.767.88$0

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 2011 — as filed, then multipliedworked
Oil                  143 bbl  × $ 94.14 =    $13,462
Casinghead gas        10 Mcf  × $  4.52 =        $45

────────────────────────────────────────────────────
Month total                                  $13,507

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/31254 is the state's own key, not one this site invented.