JONES TRUST 169

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

Gas lease lease 226511District 10Field 192402502 tax incentive programmesCondensateGasSaveExport
Value, all time
$622 k
Sep 2006 – Apr 2014
Value, last 12 filed months
$19 k
at the published price for each month
Months reported
92
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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered
1958-05-23
as the register files it
Field class
Gas
the register's own label
Between wells
2,640 ft
minimum
From a lease line
1,320 ft
minimum

A drilling unit in this field needs at least 320 acres. The field rule took effect on 2002-04-09.

The Commission's schedule remark for this field reads: ONE WELL FIELD EFF 07/01/12 - ELK.

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 Gas112009-12-30196153
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
CondensateDisposition4 bbl$378
GasProduction108,881 Mcf$621,905
Total$622,282

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 36.0930, -100.1384. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.09302, -100.13835 · 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
10,217 ft
1 wells filed one
Completion to plug
7.6 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 10,217 ft.

Completions filed
Sep 2006
1 of 1 wells
Plug dates filed
Apr 2014
1 of 1 wells

Last completion to plug: a median of 7.6 years across the 1 well that filed both dates, with the middle half between 7.6 years and 7.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-295330572H10,217 ftSep 2006Apr 2014Yes

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 (92)

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

92 months

Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 201301391.824.35$57
Nov 2013045588.853.74$1,701
Oct 2013060997.423.78$2,302
Sep 20130639104.113.72$2,376
Aug 20130679104.253.52$2,392
Jul 20130758102.523.72$2,818
Jun 2013472094.403.93$3,210
May 2013089994.834.15$3,730
Apr 2013070493.964.28$3,015
Mar 2013072393.623.91$2,829
Feb 2013078791.233.42$2,691
Jan 2013054891.603.42$1,874
Dec 2012065886.773.42$2,250
Nov 2012082186.953.62$2,976
Oct 2012080089.383.40$2,720
Sep 2012033594.672.92$978
Aug 2012073992.662.91$2,149
Jul 2012074385.133.02$2,244
Jun 2012077979.822.52$1,962
May 2012083591.612.49$2,078
Apr 20120756101.652.00$1,510
Mar 20120361105.052.22$802
Feb 20120643101.102.57$1,653
Jan 2012060698.092.73$1,657
Dec 2011062596.873.24$2,025
Nov 2011074495.723.31$2,464
Oct 2011081084.983.65$2,955
Sep 2011066783.623.99$2,659
Aug 2011076183.404.15$3,158
Jul 2011094094.144.52$4,246
Jun 201101,01492.904.64$4,705
May 201101,02698.134.40$4,519
Apr 201101,135105.964.33$4,918
Mar 201101,08296.364.06$4,390
Feb 2011045485.644.18$1,898
Jan 2011049186.504.59$2,253
Dec 2010069685.734.35$3,026
Nov 2010088180.843.80$3,344
Oct 2010080978.103.51$2,839
Sep 2010089572.633.98$3,562
Aug 201001,02173.684.42$4,512
Jul 201001,08372.554.74$5,130
Jun 201001,11170.364.91$5,455
May 201001,25271.124.24$5,303
Apr 201001,17981.694.12$4,861
Mar 2010078878.394.39$3,458
Feb 2010073273.585.44$3,984
Jan 2010069574.365.96$4,145
Dec 2009063471.445.48$3,477
Nov 2009088974.593.75$3,335
Oct 200901,00372.544.11$4,123
Sep 200901,06865.543.06$3,273
Aug 200901,16467.423.22$3,746
Jul 2009093961.133.46$3,253
Jun 2009099766.163.90$3,883
May 200901,25354.743.93$4,919
Apr 200901,15246.773.59$4,133
Mar 200901,14542.144.06$4,648
Feb 200903,81132.814.63$17,656
Jan 200901,06935.865.37$5,742
Dec 200801,13137.105.98$6,760
Nov 2008091855.496.86$6,298
Oct 20080075.246.92$0
Sep 2008076101.767.88$599
Aug 200801,669114.228.48$14,158
Jul 200801,691131.0811.39$19,260
Jun 200801,627131.3313.03$21,204
May 200801,973123.1711.57$22,836
Apr 200802,332110.3110.45$24,381
Mar 200801,798101.909.66$17,376
Feb 200801,84592.538.77$16,182
Jan 200801,98590.388.21$16,288
Dec 200702,40888.337.30$17,583
Nov 200702,15591.677.29$15,714
Oct 200701,19982.856.92$8,299
Sep 200702,09475.846.24$13,075
Aug 200702,67269.066.39$17,069
Jul 200702,96070.906.39$18,908
Jun 200703,08562.007.55$23,287
May 200703,51858.747.85$27,603
Apr 200703,64459.617.81$28,442
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 2006016,47660.085.04$82,993

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 2013 — as filed, then multipliedworked
Condensate             0 bbl  × $ 91.82 =         $0
Gas                   13 Mcf  × $  4.35 =        $57

────────────────────────────────────────────────────
Month total                                      $57

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/226511 is the state's own key, not one this site invented.