NOELKE "4"

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

Oil lease lease 15274District 7CField 82870500OilCasinghead gasSaveExport
Value, all time
$3.6 M
Jun 2002 – Jun 2004
Value, last 12 filed months
$669 k
at the published price for each month
Months reported
25
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 46 leases and 49 wells, and the rule below applies to all of them.

Discovered
1980-03-11
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 320 acres. The field rule took effect on 2002-05-21.

The Commission's schedule remark for this field reads: A, WHERE A IS THE AC ACUTAL ASSIGNED TO THE PRORATION UNIT SWR86

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
OilDisposition13,121 bbl$351,159
Casinghead gasProduction733,032 Mcf$3,291,683
Total$3,642,842

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 30.6420, -101.8711. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.64198, -101.87109 · 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
0.0%
0 of 1 wells
Median depth
12,975 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
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 12,975 ft.

Completions filed
Jun 2002
1 of 1 wells

1 well

42-443309252H12,975 ftJun 2002Yes

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 (25)

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

25 months

Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 200467032.036.30$2,146
Dec 200319015,58530.266.30$103,960
Nov 200319919,69528.804.60$96,233
Oct 200318920,91028.174.76$104,848
Sep 200319721,21226.314.75$105,926
Aug 200339322,56029.765.13$127,422
Jul 200319423,79929.415.17$128,766
Jun 200345225,01028.565.98$162,543
May 200339327,04426.595.97$171,975
Apr 200338028,38826.675.41$163,636
Mar 200338831,74031.146.10$205,571
Feb 200340130,86133.487.93$258,026
Jan 200339636,89130.315.58$217,930
Dec 200279240,90426.914.85$219,851
Nov 200259845,42224.664.14$202,656
Oct 200296355,46326.464.23$260,041
Sep 20021,34071,44527.443.64$296,486
Aug 20022,12580,73925.963.16$310,636
Jul 20023,464118,75624.583.06$448,747
Jun 2002016,60823.733.34$55,441

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.

Jan 2004 — as filed, then multipliedworked
Oil                   67 bbl  × $ 32.03 =     $2,146
Casinghead gas         0 Mcf  × $  6.30 =         $0

────────────────────────────────────────────────────
Month total                                   $2,146

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. 7C/O/15274 is the state's own key, not one this site invented.