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 224316District 10Field 538692702 tax incentive programmesCondensateGasSaveExport
Value, all time
$884 k
Nov 2006 – Apr 2016
Value, last 12 filed months
$8 k
at the published price for each month
Months reported
114
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 Gas112008-09-11185582
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
CondensateDisposition123 bbl$7,085
GasProduction142,435 Mcf$877,196
Total$884,281

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 36.3228, -100.4050. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.32284, -100.40503 · 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
7,408 ft
1 wells filed one
Completion to plug
9.3 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 7,408 ft.

Completions filed
Nov 2006
1 of 1 wells
Plug dates filed
Feb 2016
1 of 1 wells

Last completion to plug: a median of 9.3 years across the 1 well that filed both dates, with the middle half between 9.3 years and 9.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-295330945H7,408 ftNov 2006Feb 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 (114)

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

114 months

Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20161126.472.06$29
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 201533143.552.43$206
Sep 2015035042.992.76$965
Aug 2015023840.162.87$684
Jul 2015096348.152.95$2,836
Jun 2015045456.152.88$1,309
May 2015082055.212.96$2,423
Apr 2015082549.822.71$2,233
Mar 2015060642.892.93$1,778
Feb 2015027344.662.98$813
Jan 2015019043.433.10$589
Dec 2014020354.693.59$729
Nov 2014017970.464.25$761
Oct 2014022678.303.90$882
Sep 2014022286.164.05$898
Aug 2014024389.394.04$981
Jul 2014023896.564.18$995
Jun 2014021498.164.74$1,014
May 2014016094.734.73$756
Apr 2014023495.944.81$1,125
Mar 2014027595.895.06$1,391
Feb 2014031497.406.19$1,944
Jan 2014038490.404.86$1,867
Dec 2013042491.824.35$1,846
Nov 2013035088.853.74$1,308
Oct 2013053697.423.78$2,026
Sep 20130368104.113.72$1,368
Aug 20130426104.253.52$1,501
Jul 2013039102.523.72$145
Jun 2013044994.403.93$1,766
May 2013053194.834.15$2,203
Apr 2013024393.964.28$1,041
Mar 2013043593.623.91$1,702
Feb 2013055991.233.42$1,912
Jan 2013046191.603.42$1,577
Dec 2012019186.773.42$653
Nov 2012054186.953.62$1,961
Oct 2012047889.383.40$1,625
Sep 2012033994.672.92$989
Aug 2012066492.662.91$1,931
Jul 20125488185.133.02$7,258
Jun 2012085979.822.52$2,164
May 2012091391.612.49$2,272
Apr 20120776101.652.00$1,550
Mar 20120481105.052.22$1,069
Feb 20120636101.102.57$1,635
Jan 201201,08198.092.73$2,956
Dec 2011072296.873.24$2,339
Nov 201101,26895.723.31$4,199
Oct 201101,26884.983.65$4,626
Sep 20110883.623.99$32
Aug 2011090983.404.15$3,772
Jul 2011020594.144.52$926
Jun 2011076592.904.64$3,550
May 2011084398.134.40$3,713
Apr 20110990105.964.33$4,290
Mar 201101,03696.364.06$4,203
Feb 2011090885.644.18$3,795
Jan 201101,07486.504.59$4,928
Dec 201001,08985.734.35$4,735
Nov 201001,07280.843.80$4,069
Oct 201001,10678.103.51$3,881
Sep 201001,10472.633.98$4,393
Aug 201001,18673.684.42$5,241
Jul 2010082772.554.74$3,917
Jun 201001,06470.364.91$5,225
May 201001,19171.124.24$5,044
Apr 201001,14681.694.12$4,725
Mar 201001,05978.394.39$4,648
Feb 201001,09473.585.44$5,954
Jan 2010097874.365.96$5,833
Dec 200901,17671.445.48$6,449
Nov 200901,15174.593.75$4,318
Oct 200901,21872.544.11$5,006
Sep 200901,19365.543.06$3,656
Aug 200901,26267.423.22$4,062
Jul 200901,28561.133.46$4,452
Jun 200901,26066.163.90$4,908
May 200901,32854.743.93$5,213
Apr 200901,17846.773.59$4,226
Mar 2009096542.144.06$3,917
Feb 200901,26432.814.63$5,856
Jan 2009651,49035.865.37$10,334
Dec 200801,28337.105.98$7,669
Nov 200801,02755.496.86$7,046
Oct 200801,25975.246.92$8,715
Sep 200801,210101.767.88$9,531
Aug 200801,366114.228.48$11,588
Jul 200801,734131.0811.39$19,749
Jun 200801,754131.3313.03$22,859
May 200801,748123.1711.57$20,232
Apr 200801,703110.3110.45$17,805
Mar 200802,119101.909.66$20,478
Feb 200802,10792.538.77$18,480
Jan 200802,40590.388.21$19,735
Dec 200702,63388.337.30$19,226
Nov 200702,91791.677.29$21,270
Oct 200703,68482.856.92$25,501
Sep 200704,94975.846.24$30,902
Aug 2007073169.066.39$4,670
Jul 2007066370.906.39$4,235
Jun 200703,83862.007.55$28,971
May 200704,28458.747.85$33,613
Apr 200704,87859.617.81$38,074
Mar 200705,91856.927.30$43,213
Feb 200705,91455.108.22$48,589
Jan 200707,83850.306.73$52,725
Dec 2006011,84756.656.92$81,963
Nov 200604,64054.207.62$35,345

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.

Feb 2016 — as filed, then multipliedworked
Condensate             1 bbl  × $ 26.47 =        $26
Gas                    1 Mcf  × $  2.06 =         $2

────────────────────────────────────────────────────
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/224316 is the state's own key, not one this site invented.