FRED H. CHANDLER UNIT

Name: FRED H. CHANDLER UNIT lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by MARATHON OIL COMPANY (P-5 525380) in the PAWELEK (AUSTIN CHALK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 12814District 01Field 69838100Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$2.1 M

Jan 1993 – Jun 2015

Value, last 12 filed months

at the published price for each month

Months reported

270

no gaps in the span

Streams

oil, casinghead gas

The PAWELEK (AUSTIN CHALK) field

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 6 leases and 9 wells, and the rule below applies to all of them.

Discovered

1976-02-17

as the register files it

Field class

Oil

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 160 acres.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: “OPTION 80 AC. DIAG. 3250'”

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.

Stream	Basis	Volume	Value
Oil	Disposition	91,601 bbl	$2,059,935
Casinghead gas	Production	21 Mcf	$0
Total			$2,059,935

21 Mcf of this lease's gas, across 21 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (3)

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 29.0384, -98.1447. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.6 miles.

29.03843, -98.14461 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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%

3 of 3 wells

With a plug date

100.0%

3 of 3 wells

Median depth

9,984 ft

3 wells filed one

Completion to plug

9.9 years

median over 3 wells

What the state filed about each well

On the RRC proration schedule

3100.0%

A plug date is filed

3100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

3100.0%

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

Between 7,619 and 10,065 ft, median 9,984 ft, over the 3 wells that filed a depth.

Completions filed

Apr 1991 – Mar 2004

3 of 3 wells

Plug dates filed

Jan 2013 – Oct 2013

3 of 3 wells

Last completion to plug: a median of 9.9 years across the 3 wells that filed both dates, with the middle half between 9.8 years and 16.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells


42-49332244	2	7,619 ft	Mar 2004	Oct 2013	Yes
42-49332234	1	10,065 ft	Feb 2003	Jan 2013	Yes
42-49332280	3	9,984 ft	Apr 1991	Jul 2013	Yes

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 (270)

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

270 months


Jun 2015	0	0	56.15	2.88	$0
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	164	0	101.65	2.00	$16,671
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	214	0	105.96	4.33	$22,675
Mar 2011	0	0	96.36	4.06	$0
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	152	0	86.50	4.59	$13,148
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	163	0	78.10	3.51	$12,730
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	163	0	72.55	4.74	$11,826
Jun 2010	0	0	70.36	4.91	$0
May 2010	154	0	71.12	4.24	$10,952
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	155	0	78.39	4.39	$12,150
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	164	0	71.44	5.48	$11,716
Nov 2009	0	0	74.59	3.75	$0
Oct 2009	161	0	72.54	4.11	$11,679
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	157	0	67.42	3.22	$10,585
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	166	0	66.16	3.90	$10,983
May 2009	0	0	54.74	3.93	$0
Apr 2009	158	0	46.77	3.59	$7,390
Mar 2009	0	0	42.14	4.06	$0
Feb 2009	158	0	32.81	4.63	$5,184
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	157	0	37.10	5.98	$5,825
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	154	0	101.76	7.88	$15,671
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	157	0	131.08	11.39	$20,580
Jun 2008	0	0	131.33	13.03	$0
May 2008	157	0	123.17	11.57	$19,338
Apr 2008	154	0	110.31	10.45	$16,988
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	147	0	90.38	8.21	$13,286
Dec 2007	158	0	88.33	7.30	$13,956
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	158	0	82.85	6.92	$13,090
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	155	0	69.06	6.39	$10,704
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	161	0	62.00	7.55	$9,982
May 2007	0	0	58.74	7.85	$0
Apr 2007	159	0	59.61	7.81	$9,478
Mar 2007	154	0	56.92	7.30	$8,766
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	158	0	50.30	6.73	$7,947
Dec 2006	159	0	56.65	6.92	$9,007
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	151	0	54.90	6.01	$8,290
Sep 2006	159	0	60.08	5.04	$9,553
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	153	0	69.37	6.34	$10,614
Jun 2006	160	0	66.28	6.38	$10,605
May 2006	155	0	66.01	6.42	$10,232
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	144	0	56.70	7.08	$8,165
Feb 2006	157	0	57.59	7.75	$9,042
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	155	0	54.94	13.42	$8,516
Nov 2005	164	0	54.69	10.59	$8,969
Oct 2005	0	0	58.34	13.80	$0
Sep 2005	154	0	61.45	12.08	$9,463
Aug 2005	156	0	61.51	9.80	$9,596
Jul 2005	0	0	55.69	7.84	$0
Jun 2005	166	0	52.33	7.38	$8,687
May 2005	156	0	45.22	6.65	$7,054
Apr 2005	165	0	49.20	7.36	$8,118
Mar 2005	0	0	50.37	7.15	$0
Feb 2005	152	0	45.22	6.31	$6,873
Jan 2005	142	0	43.16	6.32	$6,129
Dec 2004	154	0	39.86	6.75	$6,138
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	155	0	49.70	6.52	$7,704
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	156	0	42.37	5.55	$6,610
Jul 2004	166	0	38.28	6.08	$6,354
Jun 2004	0	0	36.10	6.43	$0
May 2004	167	0	37.48	6.49	$6,259
Apr 2004	161	0	34.47	5.86	$5,550
Mar 2004	303	0	34.36	5.53	$10,411
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	153	0	32.03	6.30	$4,901
Dec 2003	151	0	30.26	6.30	$4,569
Nov 2003	313	0	28.80	4.60	$9,014
Oct 2003	154	0	28.17	4.76	$4,338
Sep 2003	156	0	26.31	4.75	$4,104
Aug 2003	302	0	29.76	5.13	$8,988
Jul 2003	157	0	29.41	5.17	$4,617
Jun 2003	309	0	28.56	5.98	$8,825
May 2003	304	0	26.59	5.97	$8,083
Apr 2003	153	0	26.67	5.41	$4,081
Mar 2003	313	0	31.14	6.10	$9,747
Feb 2003	227	0	33.48	7.93	$7,600
Jan 2003	166	0	30.31	5.58	$5,031
Dec 2002	170	0	26.91	4.85	$4,575
Nov 2002	165	0	24.66	4.14	$4,069
Oct 2002	166	0	26.46	4.23	$4,392
Sep 2002	166	0	27.44	3.64	$4,555
Aug 2002	334	0	25.96	3.16	$8,671
Jul 2002	331	0	24.58	3.06	$8,136
Jun 2002	337	0	23.73	3.34	$7,997
May 2002	0	0	24.66	3.58	$0
Apr 2002	505	0	23.65	3.51	$11,943
Mar 2002	166	0	22.00	3.10	$3,652
Feb 2002	494	0	18.22	2.38	$9,001
Jan 2002	169	0	17.17	2.38	$2,902
Dec 2001	176	0	16.93	2.36	$2,980
Nov 2001	329	0	18.07	2.41	$5,945
Oct 2001	495	0	19.78	2.53	$9,791
Sep 2001	167	0	24.26	2.25	$4,051
Aug 2001	486	0	24.87	3.05	$12,087
Jul 2001	170	0	23.93	3.20	$4,068
Jun 2001	484	0	24.56	3.82	$11,887
May 2001	344	0	25.52	4.31	$8,779
Apr 2001	320	0	24.68	5.34	$7,898
Mar 2001	517	0	24.54	5.38	$12,687
Feb 2001	165	0	27.75	5.77	$4,579
Jan 2001	486	0	27.47	8.40	$13,350
Dec 2000	323	0	26.88	9.12	$8,682
Nov 2000	664	0	32.21	5.66	$21,387
Oct 2000	510	0	31.23	5.15	$15,927
Sep 2000	326	0	31.87	5.19	$10,390
Aug 2000	707	0	29.64	4.54	$20,955
Jul 2000	653	0	28.53	4.09	$18,630
Jun 2000	330	0	29.30	4.40	$9,669
May 2000	316	0	27.26	3.68	$8,614
Apr 2000	471	0	24.51	3.12	$11,544
Mar 2000	503	0	28.42	2.86	$14,295
Feb 2000	458	0	27.62	2.73	$12,650
Jan 2000	666	0	25.27	2.48	$16,830
Dec 1999	306	0	24.28	2.42	$7,430
Nov 1999	668	0	23.19	2.43	$15,491
Oct 1999	486	0	20.98	2.80	$10,196
Sep 1999	491	0	21.75	2.62	$10,679
Aug 1999	508	0	19.26	2.88	$9,784
Jul 1999	448	0	17.89	2.37	$8,015
Jun 1999	490	0	15.94	2.36	$7,811
May 1999	325	0	15.79	2.32	$5,132
Apr 1999	491	0	15.10	2.21	$7,414
Mar 1999	498	0	12.47	1.84	$6,210
Feb 1999	270	0	9.98	1.82	$2,695
Jan 1999	501	0	10.38	1.90	$5,200
Dec 1998	331	0	9.20	1.77	$3,045
Nov 1998	653	0	10.89	2.19	$7,111
Oct 1998	504	0	12.42	1.97	$6,260
Sep 1998	158	0	12.59	2.08	$1,989
Aug 1998	648	0	11.30	1.91	$7,322
Jul 1998	506	0	11.74	2.24	$5,940
Jun 1998	335	0	11.24	2.24	$3,765
May 1998	640	0	12.62	2.21	$8,077
Apr 1998	324	0	13.04	2.51	$4,225
Mar 1998	487	0	12.80	2.31	$6,234
Feb 1998	331	0	13.95	2.30	$4,617
Jan 1998	652	0	14.70	2.15	$9,584
Dec 1997	500	0	16.32	2.41	$8,160
Nov 1997	498	0	18.19	3.09	$9,059
Oct 1997	477	0	19.25	3.15	$9,182
Sep 1997	657	0	17.74	2.95	$11,655
Aug 1997	339	0	17.86	2.55	$6,055
Jul 1997	503	0	17.58	2.25	$8,843
Jun 1997	505	0	17.24	2.26	$8,706
May 1997	808	0	18.97	2.31	$15,328
Apr 1997	414	0	17.88	2.08	$7,402
Mar 1997	497	0	18.95	1.94	$9,418
Feb 1997	497	0	20.49	2.21	$10,184
Jan 1997	641	0	23.48	3.54	$15,051
Dec 1996	655	0	23.32	—	$15,275
Nov 1996	666	0	21.97	—	$14,632
Oct 1996	497	0	23.31	—	$11,585
Sep 1996	823	0	22.22	—	$18,287
Aug 1996	837	0	20.26	—	$16,958
Jul 1996	337	0	19.55	—	$6,588
Jun 1996	947	0	18.73	—	$17,737
May 1996	658	0	19.43	—	$12,785
Apr 1996	654	0	21.51	—	$14,068
Mar 1996	988	0	19.38	—	$19,147
Feb 1996	655	0	16.98	—	$11,122
Jan 1996	489	0	17.07	—	$8,347
Dec 1995	648	0	17.19	—	$11,139
Nov 1995	972	0	16.00	—	$15,552
Oct 1995	969	0	15.43	—	$14,952
Sep 1995	640	0	16.18	—	$10,355
Aug 1995	1,117	0	15.92	—	$17,783
Jul 1995	642	0	15.24	—	$9,784
Jun 1995	943	0	16.41	—	$15,475
May 1995	1,087	0	17.56	—	$19,088
Apr 1995	967	0	17.73	—	$17,145
Mar 1995	642	0	16.44	—	$10,554
Feb 1995	959	0	16.58	—	$15,900
Jan 1995	797	0	15.92	—	$12,688
Dec 1994	1,149	0	15.03	—	$17,269
Nov 1994	966	0	15.90	—	$15,359
Oct 1994	985	0	15.58	—	$15,346
Sep 1994	1,133	1	15.29	—	$17,324
Aug 1994	1,310	1	16.13	—	$21,130
Jul 1994	1,269	1	17.56	—	$22,284
Jun 1994	478	1	17.09	—	$8,169
May 1994	1,564	1	15.88	—	$24,836
Apr 1994	1,761	1	14.14	—	$24,901
Mar 1994	481	1	12.46	—	$5,993
Feb 1994	967	1	12.50	—	$12,088
Jan 1994	2,395	1	12.66	—	$30,321
Dec 1993	977	1	12.33	—	$12,046
Nov 1993	1,267	1	14.49	—	$18,359
Oct 1993	1,133	1	15.85	—	$17,958
Sep 1993	1,432	1	15.03	—	$21,523
Aug 1993	1,302	1	15.66	—	$20,389
Jul 1993	1,282	1	15.46	—	$19,820
Jun 1993	1,500	1	16.79	—	$25,185
May 1993	1,659	1	17.68	—	$29,331
Apr 1993	1,646	1	18.05	—	$29,710
Mar 1993	1,667	1	18.14	—	$30,239
Feb 1993	1,491	1	17.90	—	$26,689
Jan 1993	1,816	1	16.93	—	$30,745

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.

Apr 2012 — as filed, then multipliedworked

Oil                  164 bbl  × $101.65 =    $16,671
Casinghead gas         0 Mcf  × $  2.00 =         $0

────────────────────────────────────────────────────
Month total                                  $16,671

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. 01/O/12814 is the state's own key, not one this site invented.