JONES TRUST 272

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.

Oil lease lease 7732District 10Field 53869270OilCasinghead gasSaveExport
Value, all time
$3.6 M
Feb 2007 – May 2017
Value, last 12 filed months
$28 k
at the published price for each month
Months reported
124
no gaps in the span
Streams
2
oil, casinghead 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

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
OilDisposition35,704 bbl$2,664,568
Casinghead gasProduction146,144 Mcf$901,011
Total$3,565,579

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 36.1391, -100.1472. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.13907, -100.14719 · 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
8,368 ft
1 wells filed one
Completion to plug
10.1 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 8,368 ft.

Completions filed
Feb 2007
1 of 1 wells
Plug dates filed
Mar 2017
1 of 1 wells

Last completion to plug: a median of 10.1 years across the 1 well that filed both dates, with the middle half between 10.1 years and 10.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-295331231H8,368 ftFeb 2007Mar 2017Yes

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

May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 201783046.772.98$3,882
Feb 201708150.452.95$239
Jan 201708149.413.42$277
Dec 201608248.763.72$305
Nov 201609442.492.64$249
Oct 2016017546.193.09$541
Sep 2016056741.553.10$1,758
Aug 201612767441.442.92$7,234
Jul 201624675741.622.92$12,452
Jun 2016049645.352.69$1,332
May 2016015942.521.99$317
Apr 2016049736.561.99$990
Mar 201613372933.011.79$5,698
Feb 201614670426.472.06$5,317
Jan 201619972827.352.36$7,164
Dec 2015050732.362.00$1,015
Nov 2015068538.792.17$1,485
Oct 201513684543.552.43$7,973
Sep 201513683942.992.76$8,161
Aug 201512487940.162.87$7,505
Jul 201516884348.152.95$10,572
Jun 201511184056.152.88$8,654
May 201515080155.212.96$10,649
Apr 201512466949.822.71$7,988
Mar 201514262342.892.93$7,919
Feb 201511464744.662.98$7,017
Jan 201521160443.433.10$11,037
Dec 201416279754.693.59$11,722
Nov 201419175170.464.25$16,651
Oct 201423774078.303.90$21,444
Sep 20143129186.164.05$3,848
Aug 201416988789.394.04$18,686
Jul 201421585496.564.18$24,330
Jun 201411886298.164.74$15,666
May 201419291994.734.73$22,532
Apr 201426587395.944.81$29,622
Mar 201425389495.895.06$28,781
Feb 201418067497.406.19$21,705
Jan 201427950290.404.86$27,662
Dec 201334037391.824.35$32,843
Nov 201343573688.853.74$41,401
Oct 201332545097.423.78$33,362
Sep 201357149104.113.72$6,488
Aug 20134770104.253.52$5,146
Jul 201370102.523.72$718
Jun 20130094.403.93$0
May 201330760094.834.15$31,602
Apr 201336037193.964.28$35,414
Mar 2013032993.623.91$1,287
Feb 201315723591.233.42$15,127
Jan 201316947091.603.42$17,088
Dec 2012037586.773.42$1,283
Nov 2012031986.953.62$1,156
Oct 201217860689.383.40$17,970
Sep 201218064394.672.92$18,917
Aug 201235069092.662.91$34,438
Jul 201217671185.133.02$17,131
Jun 201217058079.822.52$15,030
May 201218864391.612.49$18,823
Apr 2012363769101.652.00$38,434
Mar 2012183713105.052.22$20,808
Feb 2012182905101.102.57$20,726
Jan 2012034398.092.73$938
Dec 20111772996.873.24$17,240
Nov 201116951795.723.31$17,889
Oct 201118178784.983.65$18,253
Sep 201118223883.623.99$16,167
Aug 2011032383.404.15$1,340
Jul 2011014494.144.52$650
Jun 2011027492.904.64$1,271
May 20110098.134.40$0
Apr 20110133105.964.33$576
Mar 2011187296.364.06$18,027
Feb 201104585.644.18$188
Jan 201137787586.504.59$36,626
Dec 201036499685.734.35$35,536
Nov 2010065880.843.80$2,497
Oct 201019461378.103.51$17,302
Sep 2010058572.633.98$2,328
Aug 201018273173.684.42$16,640
Jul 201017489072.554.74$16,839
Jun 201017695470.364.91$17,068
May 201017497771.124.24$16,513
Apr 20101891,05281.694.12$19,776
Mar 201019377478.394.39$18,526
Feb 201038371973.585.44$32,094
Jan 2010098374.365.96$5,863
Dec 20092021,00671.445.48$19,948
Nov 20091961,06674.593.75$18,619
Oct 20091901,28772.544.11$19,072
Sep 20091961,33665.543.06$16,940
Aug 20093701,45767.423.22$29,635
Jul 2009096261.133.46$3,333
Jun 20093451,31266.163.90$27,935
May 20093611,64554.743.93$26,219
Apr 20091931,74746.773.59$15,294
Mar 20095611,86542.144.06$31,211
Feb 20091961,41532.814.63$12,986
Jan 20094052,29935.865.37$26,871
Dec 20085782,08137.105.98$33,882
Nov 20081832,17755.496.86$25,090
Oct 20085552,20175.246.92$56,993
Sep 20081832,121101.767.88$35,329
Aug 20083692,632114.228.48$64,474
Jul 20085472,557131.0811.39$100,824
Jun 20085452,875131.3313.03$109,044
May 20085592,805123.1711.57$101,318
Apr 20083803,436110.3110.45$77,841
Mar 20087523,632101.909.66$111,729
Feb 20085863,14292.538.77$81,780
Jan 20087822,86490.388.21$94,178
Dec 20077673,62888.337.30$94,241
Nov 20075764,03991.677.29$82,253
Oct 20071,1494,48982.856.92$126,267
Sep 20071,5265,26475.846.24$148,601
Aug 2007019069.066.39$1,214
Jul 200736492970.906.39$31,742
Jun 20071,1446,08262.007.55$116,838
May 20071,7107,29858.747.85$157,708
Apr 20071,7016,74059.617.81$154,004
Mar 20073,8918,04156.927.30$280,191
Feb 20071,5241,49555.108.22$96,255

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.

Mar 2017 — as filed, then multipliedworked
Oil                   83 bbl  × $ 46.77 =     $3,882
Casinghead gas         0 Mcf  × $  2.98 =         $0

────────────────────────────────────────────────────
Month total                                   $3,882

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/O/7732 is the state's own key, not one this site invented.