FRY 338

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 204122District 10Field 538692702 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.2 M
Jun 2004 – Nov 2015
Value, last 12 filed months
$29
at the published price for each month
Months reported
138
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 Gas112006-11-30164092
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
CondensateDisposition1,482 bbl$77,852
GasProduction312,111 Mcf$2,117,475
Total$2,195,327

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 36.1555, -100.2739. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.15554, -100.27391 · 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
8,354 ft
1 wells filed one
Completion to plug
11.4 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 8,354 ft.

Completions filed
Jun 2004
1 of 1 wells
Plug dates filed
Nov 2015
1 of 1 wells

Last completion to plug: a median of 11.4 years across the 1 well that filed both dates, with the middle half between 11.4 years and 11.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2953270858,354 ftJun 2004Nov 2015Yes

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 (138)

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

138 months

Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140854.693.59$29
Nov 201401370.464.25$55
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130788.853.74$26
Oct 20130797.423.78$26
Sep 2013048104.113.72$178
Aug 20130127104.253.52$447
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 201305291.603.42$178
Dec 2012010986.773.42$373
Nov 201208286.953.62$297
Oct 201202189.383.40$71
Sep 201202194.672.92$61
Aug 2012034692.662.91$1,006
Jul 2012023985.133.02$722
Jun 20127953979.822.52$7,664
May 2012042891.612.49$1,065
Apr 20120713101.652.00$1,424
Mar 20120532105.052.22$1,182
Feb 20120553101.102.57$1,421
Jan 2012073098.092.73$1,996
Dec 20110096.873.24$0
Nov 20110795.723.31$23
Oct 2011035384.983.65$1,288
Sep 2011010083.623.99$399
Aug 2011065583.404.15$2,718
Jul 2011055294.144.52$2,494
Jun 2011054592.904.64$2,529
May 2011065298.134.40$2,872
Apr 20110789105.964.33$3,419
Mar 2011094396.364.06$3,826
Feb 2011067385.644.18$2,813
Jan 2011058586.504.59$2,684
Dec 2010076885.734.35$3,339
Nov 2010083480.843.80$3,165
Oct 2010080278.103.51$2,814
Sep 2010089772.633.98$3,570
Aug 201001,02873.684.42$4,543
Jul 2010082472.554.74$3,903
Jun 201001,12670.364.91$5,529
May 201001,37371.124.24$5,815
Apr 201001,14381.694.12$4,712
Mar 201001,10878.394.39$4,863
Feb 201001,22173.585.44$6,645
Jan 201001,26274.365.96$7,527
Dec 200901,24971.445.48$6,849
Nov 200901,39474.593.75$5,230
Oct 200901,60072.544.11$6,576
Sep 200901,60365.543.06$4,913
Aug 200901,34667.423.22$4,332
Jul 20091771,76861.133.46$16,945
Jun 200901,59366.163.90$6,205
May 200902,16154.743.93$8,484
Apr 200902,20546.773.59$7,910
Mar 200901,16442.144.06$4,725
Feb 2009093032.814.63$4,309
Jan 200901,06435.865.37$5,715
Dec 200801,07637.105.98$6,431
Nov 200801,30655.496.86$8,960
Oct 200801,52775.246.92$10,570
Sep 200801,406101.767.88$11,075
Aug 200801,490114.228.48$12,640
Jul 200801,377131.0811.39$15,683
Jun 200801,365131.3313.03$17,790
May 20080756123.1711.57$8,750
Apr 200801,176110.3110.45$12,295
Mar 200801,592101.909.66$15,385
Feb 200801,83292.538.77$16,068
Jan 200801,84690.388.21$15,148
Dec 200701,67588.337.30$12,231
Nov 200701,93791.677.29$14,124
Oct 200701,44282.856.92$9,982
Sep 2007076975.846.24$4,802
Aug 2007574269.066.39$4,205
Jul 2007049270.906.39$3,143
Jun 200702,26762.007.55$17,112
May 200702,70258.747.85$21,201
Apr 200702,51959.617.81$19,661
Mar 2007912,75356.927.30$25,282
Feb 200702,06355.108.22$16,950
Jan 20073774450.306.73$6,866
Dec 200602,08856.656.92$14,446
Nov 200602,44054.207.62$18,587
Oct 200602,71854.906.01$16,346
Sep 200602,75260.085.04$13,862
Aug 200602,96568.717.34$21,763
Jul 200602,96869.376.34$18,825
Jun 200602,48066.286.38$15,832
May 200601,08766.016.42$6,984
Apr 20061893,43564.397.36$37,453
Mar 200604,06956.707.08$28,820
Feb 200603,80257.597.75$29,470
Jan 200604,05460.598.93$36,216
Dec 200504,04854.9413.42$54,306
Nov 200504,33954.6910.59$45,943
Oct 200502,40558.3413.80$33,179
Sep 200506,85461.4512.08$82,789
Aug 200507,71061.519.80$75,534
Jul 200507,71955.697.84$60,545
Jun 200507,70252.337.38$56,849
May 200507,23845.226.65$48,141
Apr 200509,13949.207.36$67,267
Mar 20051827,58850.377.15$63,459
Feb 200508,23845.226.31$51,998
Jan 2005010,36743.166.32$65,542
Dec 2004011,22939.866.75$75,808
Nov 2004011,90045.286.33$75,332
Oct 200417913,51349.706.52$96,935
Sep 2004015,23043.245.28$80,474
Aug 200417617,90342.375.55$106,831
Jul 200431521,26938.286.08$141,463
Jun 2004025,81636.106.43$166,075

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.

Dec 2014 — as filed, then multipliedworked
Condensate             0 bbl  × $ 54.69 =         $0
Gas                    8 Mcf  × $  3.59 =        $29

────────────────────────────────────────────────────
Month total                                      $29

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/204122 is the state's own key, not one this site invented.