CRUISE 858

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 205040District 10Field 538692702 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.9 M
Feb 2004 – Jan 2016
Value, last 12 filed months
$9 k
at the published price for each month
Months reported
144
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 Gas222005-07-12 – 2005-08-022 dockets
NGPA2none

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
CondensateDisposition1,079 bbl$72,860
GasProduction264,284 Mcf$1,870,063
Total$1,942,923

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 36.3200, -100.4175. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.32001, -100.41746 · 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
7,418 ft
1 wells filed one
Completion to plug
12.0 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 7,418 ft.

Completions filed
Feb 2004
1 of 1 wells
Plug dates filed
Feb 2016
1 of 1 wells

Last completion to plug: a median of 12.0 years across the 1 well that filed both dates, with the middle half between 12.0 years and 12.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2953271447,418 ftFeb 2004Feb 2016Yes

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 (144)

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

144 months

Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 201532143.552.43$1,396
Sep 2015036642.992.76$1,010
Aug 2015043840.162.87$1,258
Jul 2015031448.152.95$925
Jun 2015029956.152.88$862
May 2015029355.212.96$866
Apr 2015031949.822.71$863
Mar 2015033742.892.93$989
Feb 2015030344.662.98$902
Jan 2015033843.433.10$1,048
Dec 2014033454.693.59$1,200
Nov 2014032570.464.25$1,382
Oct 2014033578.303.90$1,307
Sep 2014032986.164.05$1,331
Aug 201401,10789.394.04$4,467
Jul 2014052096.564.18$2,173
Jun 2014039498.164.74$1,866
May 2014041794.734.73$1,971
Apr 2014041295.944.81$1,981
Mar 2014043195.895.06$2,179
Feb 2014040097.406.19$2,477
Jan 2014045090.404.86$2,187
Dec 2013046691.824.35$2,029
Nov 20132945788.853.74$4,285
Oct 2013048297.423.78$1,822
Sep 20130482104.113.72$1,792
Aug 20130520104.253.52$1,832
Jul 20130573102.523.72$2,130
Jun 2013039094.403.93$1,534
May 2013047794.834.15$1,979
Apr 2013044093.964.28$1,884
Mar 2013059193.623.91$2,313
Feb 2013043991.233.42$1,501
Jan 2013057291.603.42$1,956
Dec 2012059586.773.42$2,035
Nov 2012057886.953.62$2,095
Oct 2012057689.383.40$1,958
Sep 2012062894.672.92$1,833
Aug 2012070092.662.91$2,036
Jul 2012070685.133.02$2,133
Jun 2012068979.822.52$1,736
May 2012072891.612.49$1,812
Apr 20120769101.652.00$1,536
Mar 2012108729105.052.22$12,965
Feb 20120700101.102.57$1,799
Jan 2012078498.092.73$2,144
Dec 2011086796.873.24$2,809
Nov 2011081695.723.31$2,702
Oct 2011098284.983.65$3,583
Sep 2011022983.623.99$913
Aug 2011080083.404.15$3,319
Jul 2011089694.144.52$4,047
Jun 2011077992.904.64$3,614
May 2011083398.134.40$3,669
Apr 20110807105.964.33$3,497
Mar 2011085196.364.06$3,453
Feb 2011074785.644.18$3,122
Jan 201118386686.504.59$19,803
Dec 2010087285.734.35$3,791
Nov 2010086780.843.80$3,291
Oct 2010092378.103.51$3,239
Sep 2010089772.633.98$3,570
Aug 2010093873.684.42$4,145
Jul 2010085072.554.74$4,026
Jun 2010092870.364.91$4,557
May 2010098471.124.24$4,167
Apr 2010099981.694.12$4,119
Mar 201001,07678.394.39$4,722
Feb 2010095173.585.44$5,176
Jan 201001,15274.365.96$6,871
Dec 200901,15171.445.48$6,312
Nov 200901,07774.593.75$4,040
Oct 200901,12372.544.11$4,616
Sep 200901,08765.543.06$3,331
Aug 200901,15067.423.22$3,701
Jul 200901,17861.133.46$4,081
Jun 200901,18966.163.90$4,631
May 200901,24454.743.93$4,884
Apr 200901,28446.773.59$4,606
Mar 200901,31242.144.06$5,325
Feb 200901,19232.814.63$5,523
Jan 20091301,35935.865.37$11,961
Dec 200801,36737.105.98$8,171
Nov 200801,39855.496.86$9,591
Oct 200801,43075.246.92$9,898
Sep 200801,325101.767.88$10,437
Aug 200801,451114.228.48$12,309
Jul 200801,400131.0811.39$15,945
Jun 200801,395131.3313.03$18,181
May 200801,519123.1711.57$17,581
Apr 200801,374110.3110.45$14,365
Mar 200801,517101.909.66$14,660
Feb 200801,47492.538.77$12,928
Jan 200801,58890.388.21$13,031
Dec 200701,60488.337.30$11,712
Nov 200701,79391.677.29$13,074
Oct 200702,00682.856.92$13,885
Sep 200702,44975.846.24$15,292
Aug 200701,02269.066.39$6,528
Jul 20079633470.906.39$8,940
Jun 200701,79862.007.55$13,572
May 200702,02158.747.85$15,857
Apr 200702,03659.617.81$15,891
Mar 200702,31856.927.30$16,926
Feb 200702,31955.108.22$19,053
Jan 200701,81050.306.73$12,176
Dec 200602,47956.656.92$17,151
Nov 200602,36254.207.62$17,992
Oct 20061324,38354.906.01$33,605
Sep 200604,46260.085.04$22,476
Aug 200604,71568.717.34$34,608
Jul 200604,78569.376.34$30,350
Jun 200604,72466.286.38$30,157
May 20061924,74666.016.42$43,167
Apr 200607,03364.397.36$51,766
Mar 200608,16956.707.08$57,860
Feb 200606,04057.597.75$46,817
Jan 200606,00360.598.93$53,627
Dec 200506,23854.9413.42$83,685
Nov 200506,88754.6910.59$72,922
Oct 20051777,83158.3413.80$118,361
Sep 200508,08761.4512.08$97,683
Aug 200509,16261.519.80$89,759
Jul 2005010,14655.697.84$79,582
Jun 2005015,37652.337.38$113,491
May 200501,48145.226.65$9,850
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 2005064743.166.32$4,090
Dec 200402,49339.866.75$16,830
Nov 200402,81145.286.33$17,795
Oct 200403,10149.706.52$20,203
Sep 200403,15143.245.28$16,650
Aug 200403,46542.375.55$19,233
Jul 200403,73638.286.08$22,731
Jun 200403,85736.106.43$24,812
May 200404,34237.486.49$28,199
Apr 200404,27234.475.86$25,027
Mar 200406,93134.365.53$38,329
Feb 200403,83232.455.51$21,113

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.

Oct 2015 — as filed, then multipliedworked
Condensate            32 bbl  × $ 43.55 =     $1,394
Gas                    1 Mcf  × $  2.43 =         $2

────────────────────────────────────────────────────
Month total                                   $1,396

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/205040 is the state's own key, not one this site invented.