GEX, J.A. -B-

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

Gas lease lease 196371District 10Field 538692702 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.0 M
Jun 2003 – Sep 2013
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
124
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 1,389 leases and 1,486 wells, and the rule below applies to all of them.

Discovered
1958-05-24
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 40 acres. The field rule took effect on 2013-08-06.

The Commission's schedule remark for this field reads: FIELD

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 Gas112004-06-25157753
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
CondensateDisposition2,067 bbl$114,385
GasProduction746,734 Mcf$4,852,799
Total$4,967,184

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 36.3424, -100.1028. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.34238, -100.10281 · 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
7,501 ft
1 wells filed one
Completion to plug
9.8 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 7,501 ft.

Completions filed
Jun 2003
1 of 1 wells
Plug dates filed
Mar 2013
1 of 1 wells

Last completion to plug: a median of 9.8 years across the 1 well that filed both dates, with the middle half between 9.8 years and 9.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2953267847,501 ftJun 2003Mar 2013Yes

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 (124)

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

124 months

Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 201329094.403.93$2,738
May 20130094.834.15$0
Apr 201310093.964.28$940
Mar 20130093.623.91$0
Feb 20130491.233.42$14
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 2011010595.723.31$348
Oct 2011016484.983.65$598
Sep 2011010683.623.99$422
Aug 2011025583.404.15$1,058
Jul 2011050194.144.52$2,263
Jun 2011060892.904.64$2,821
May 2011049498.134.40$2,176
Apr 20110285105.964.33$1,235
Mar 2011047296.364.06$1,915
Feb 2011092685.644.18$3,871
Jan 2011062786.504.59$2,877
Dec 2010089685.734.35$3,896
Nov 2010041680.843.80$1,579
Oct 2010074678.103.51$2,618
Sep 2010098472.633.98$3,916
Aug 2010075273.684.42$3,323
Jul 2010063072.554.74$2,984
Jun 2010065270.364.91$3,202
May 2010052771.124.24$2,232
Apr 2010072381.694.12$2,981
Mar 2010094278.394.39$4,134
Feb 2010092873.585.44$5,051
Jan 2010050674.365.96$3,018
Dec 2009085671.445.48$4,694
Nov 2009092774.593.75$3,478
Oct 2009098972.544.11$4,065
Sep 2009060365.543.06$1,848
Aug 2009045067.423.22$1,448
Jul 2009035861.133.46$1,240
Jun 2009059466.163.90$2,314
May 2009074854.743.93$2,936
Apr 2009081646.773.59$2,927
Mar 2009059142.144.06$2,399
Feb 2009067132.814.63$3,109
Jan 2009086535.865.37$4,646
Dec 200801,13537.105.98$6,784
Nov 200801,50655.496.86$10,332
Oct 200801,09075.246.92$7,545
Sep 200801,409101.767.88$11,099
Aug 200802,372114.228.48$20,122
Jul 2008184680131.0811.39$31,864
Jun 20080580131.3313.03$7,559
May 20080684123.1711.57$7,917
Apr 20080693110.3110.45$7,245
Mar 200801,012101.909.66$9,780
Feb 2008079992.538.77$7,008
Jan 200801,15490.388.21$9,469
Dec 200702,24588.337.30$16,393
Nov 200703,28791.677.29$23,968
Oct 200703,64482.856.92$25,224
Sep 200706,71275.846.24$41,911
Aug 200707769.066.39$492
Jul 2007065170.906.39$4,159
Jun 200704,04962.007.55$30,564
May 200705,84258.747.85$45,838
Apr 200705,54059.617.81$43,241
Mar 20071947,23056.927.30$63,836
Feb 200708,14955.108.22$66,952
Jan 200708,91250.306.73$59,950
Dec 200606,13456.656.92$42,438
Nov 200606,31054.207.62$48,066
Oct 200607,93454.906.01$47,713
Sep 200607,58360.085.04$38,197
Aug 20063808,24468.717.34$86,620
Jul 200607,46169.376.34$47,323
Jun 200608,29066.286.38$52,922
May 200607,51966.016.42$48,310
Apr 2006318,90264.397.36$67,519
Mar 200607,29356.707.08$51,656
Feb 200608,22657.597.75$63,761
Jan 200608,34160.598.93$74,513
Dec 200509,06854.9413.42$121,651
Nov 20051979,69854.6910.59$113,460
Oct 2005010,50758.3413.80$144,952
Sep 2005011,24061.4512.08$135,768
Aug 2005012,65061.519.80$123,930
Jul 2005011,30255.697.84$88,649
Jun 2005014,11952.337.38$104,213
May 200506,53745.226.65$43,479
Apr 2005011,33349.207.36$83,416
Mar 2005012,68950.377.15$90,788
Feb 2005011,90345.226.31$75,131
Jan 200519412,58043.166.32$87,906
Dec 2004013,86239.866.75$93,583
Nov 2004014,53345.286.33$92,000
Oct 2004015,22349.706.52$99,179
Sep 2004015,16443.245.28$80,125
Aug 200416416,44342.375.55$98,218
Jul 2004016,80838.286.08$102,263
Jun 2004017,26836.106.43$111,085
May 2004017,36737.486.49$112,791
Apr 200418117,76934.475.86$110,338
Mar 2004019,65634.365.53$108,700
Feb 2004019,74332.455.51$108,776
Jan 200416622,16532.036.30$144,949
Dec 2003025,83030.266.30$162,771
Nov 2003026,75528.804.60$122,944
Oct 200314030,20928.174.76$147,728
Sep 2003532,86726.314.75$156,229
Aug 200319239,42329.765.13$207,943
Jul 2003051,61129.415.17$266,872
Jun 2003017,00628.565.98$101,746

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 2013 — as filed, then multipliedworked
Condensate            29 bbl  × $ 94.40 =     $2,738
Gas                    0 Mcf  × $  3.93 =         $0

────────────────────────────────────────────────────
Month total                                   $2,738

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. 10/G/196371 is the state's own key, not one this site invented.