HOSTUTLER 349

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 8027District 10Field 53869270OilCasinghead gasSaveExport
Value, all time
$479 k
Jul 2009 – Aug 2013
Value, last 12 filed months
$7 k
at the published price for each month
Months reported
50
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
OilDisposition5,170 bbl$398,435
Casinghead gasProduction19,536 Mcf$80,447
Total$478,882

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 36.1543, -100.0699. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.15432, -100.06989 · 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
8,442 ft
1 wells filed one
Completion to plug
3.7 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 8,442 ft.

Completions filed
Jul 2009
1 of 1 wells
Plug dates filed
Mar 2013
1 of 1 wells

Last completion to plug: a median of 3.7 years across the 1 well that filed both dates, with the middle half between 3.7 years and 3.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-295335201H8,442 ftJul 2009Mar 2013Yes

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 (50)

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

50 months

Aug 201300104.253.52$0
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 20130091.603.42$0
Dec 20120086.773.42$0
Nov 201282086.953.62$7,130
Oct 201206789.383.40$228
Sep 20120094.672.92$0
Aug 201205392.662.91$154
Jul 201202285.133.02$66
Jun 201211812179.822.52$9,724
May 2012035591.612.49$883
Apr 20120180101.652.00$359
Mar 2012061105.052.22$136
Feb 2012192149101.102.57$19,794
Jan 201207898.092.73$213
Dec 2011014796.873.24$476
Nov 201118761295.723.31$19,926
Oct 201119468784.983.65$18,993
Sep 2011038783.623.99$1,543
Aug 2011037383.404.15$1,548
Jul 2011064494.144.52$2,909
Jun 2011011092.904.64$510
May 201118957498.134.40$21,075
Apr 2011033105.964.33$143
Mar 201117419896.364.06$17,570
Feb 2011062185.644.18$2,596
Jan 2011035186.504.59$1,611
Dec 201019479585.734.35$20,088
Nov 201019138580.843.80$16,902
Oct 20101901,26278.103.51$19,267
Sep 201001,21472.633.98$4,831
Aug 20101931,00073.684.42$18,640
Jul 201019480072.554.74$17,864
Jun 2010026070.364.91$1,277
May 2010191071.124.24$13,584
Apr 20100481.694.12$16
Mar 201019336978.394.39$16,749
Feb 20101961,07073.585.44$20,245
Jan 20101961,08774.365.96$21,058
Dec 200919883971.445.48$18,746
Nov 200919760474.593.75$16,960
Oct 20097691,48972.544.11$61,903
Sep 20095751,50365.543.06$42,292
Aug 20095571,03267.423.22$40,874
Jul 20090061.133.46$0

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.

Nov 2012 — as filed, then multipliedworked
Oil                   82 bbl  × $ 86.95 =     $7,130
Casinghead gas         0 Mcf  × $  3.62 =         $0

────────────────────────────────────────────────────
Month total                                   $7,130

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/8027 is the state's own key, not one this site invented.