CHANDLER, FRED H.

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

Oil lease lease 14414District 01Field 45239500Hydrogen sulphide fieldOilSaveExport
Value, all time
$2.6 M
Feb 2003 – Jun 2015
Value, last 12 filed months
$0
at the published price for each month
Months reported
149
no gaps in the span
Streams
1
oil

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 15 wells, and the rule below applies to all of them.

Discovered
1980-10-23
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 field rule took effect on 1984-04-09.

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: OP 80 ACRES W/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.

StreamBasisVolumeValue
OilDisposition54,037 bbl$2,596,140
Total$2,596,140

Wells on this lease (2)

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 29.0366, -98.1446. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.6 miles.

29.03659, -98.14461 · 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%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
8,842 ft
2 wells filed one
Completion to plug
9.8 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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 8,842 ft, over the 2 wells that filed a depth.

Completions filed
Feb 2003 – Mar 2004
2 of 2 wells
Plug dates filed
Jan 2013 – Oct 2013
2 of 2 wells

Last completion to plug: a median of 9.8 years across the 2 wells that filed both dates, with the middle half between 9.7 years and 9.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-4933224427,619 ftMar 2004Oct 2013Yes
42-49332234110,065 ftFeb 2003Jan 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 (149)

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

149 months

Jun 2015056.152.88$0
May 2015055.212.96$0
Apr 2015049.822.71$0
Mar 2015042.892.93$0
Feb 2015044.662.98$0
Jan 2015043.433.10$0
Dec 2014054.693.59$0
Nov 2014070.464.25$0
Oct 2014078.303.90$0
Sep 2014086.164.05$0
Aug 2014089.394.04$0
Jul 2014096.564.18$0
Jun 2014098.164.74$0
May 2014094.734.73$0
Apr 2014095.944.81$0
Mar 2014095.895.06$0
Feb 2014097.406.19$0
Jan 2014090.404.86$0
Dec 2013091.824.35$0
Nov 2013088.853.74$0
Oct 2013097.423.78$0
Sep 20130104.113.72$0
Aug 20130104.253.52$0
Jul 20130102.523.72$0
Jun 2013094.403.93$0
May 2013094.834.15$0
Apr 2013093.964.28$0
Mar 2013093.623.91$0
Feb 2013091.233.42$0
Jan 2013091.603.42$0
Dec 2012086.773.42$0
Nov 2012086.953.62$0
Oct 2012089.383.40$0
Sep 2012094.672.92$0
Aug 2012092.662.91$0
Jul 2012085.133.02$0
Jun 2012079.822.52$0
May 2012091.612.49$0
Apr 20120101.652.00$0
Mar 20120105.052.22$0
Feb 20120101.102.57$0
Jan 2012098.092.73$0
Dec 2011096.873.24$0
Nov 2011095.723.31$0
Oct 2011084.983.65$0
Sep 201115683.623.99$13,045
Aug 2011083.404.15$0
Jul 2011094.144.52$0
Jun 2011092.904.64$0
May 2011098.134.40$0
Apr 2011174105.964.33$18,437
Mar 2011096.364.06$0
Feb 201113985.644.18$11,904
Jan 201115486.504.59$13,321
Dec 201015985.734.35$13,631
Nov 2010080.843.80$0
Oct 201015578.103.51$12,106
Sep 201015972.633.98$11,548
Aug 2010073.684.42$0
Jul 201015072.554.74$10,883
Jun 2010070.364.91$0
May 201016171.124.24$11,450
Apr 201016481.694.12$13,397
Mar 2010078.394.39$0
Feb 201017273.585.44$12,656
Jan 2010074.365.96$0
Dec 200915971.445.48$11,359
Nov 200916674.593.75$12,382
Oct 2009072.544.11$0
Sep 200916265.543.06$10,617
Aug 200915367.423.22$10,315
Jul 2009061.133.46$0
Jun 200916766.163.90$11,049
May 200916754.743.93$9,142
Apr 2009046.773.59$0
Mar 200915942.144.06$6,700
Feb 200916832.814.63$5,512
Jan 200916535.865.37$5,917
Dec 200817037.105.98$6,307
Nov 200816955.496.86$9,378
Oct 200830975.246.92$23,249
Sep 2008168101.767.88$17,096
Aug 2008162114.228.48$18,504
Jul 2008161131.0811.39$21,104
Jun 2008325131.3313.03$42,682
May 2008144123.1711.57$17,736
Apr 2008163110.3110.45$17,981
Mar 2008343101.909.66$34,952
Feb 200816292.538.77$14,990
Jan 200817990.388.21$16,178
Dec 200717188.337.30$15,104
Nov 200733091.677.29$30,251
Oct 200717082.856.92$14,085
Sep 200715975.846.24$12,059
Aug 200732969.066.39$22,721
Jul 200731970.906.39$22,617
Jun 200733562.007.55$20,770
May 200732758.747.85$19,208
Apr 200732659.617.81$19,433
Mar 200716756.927.30$9,506
Feb 200734355.108.22$18,899
Jan 200749250.306.73$24,748
Dec 200633356.656.92$18,864
Nov 200632254.207.62$17,452
Oct 200632854.906.01$18,007
Sep 200633060.085.04$19,826
Aug 200648168.717.34$33,050
Jul 200664369.376.34$44,605
Jun 200616766.286.38$11,069
May 200651166.016.42$33,731
Apr 200632964.397.36$21,184
Mar 200664756.707.08$36,685
Feb 200659557.597.75$34,266
Jan 200648860.598.93$29,568
Dec 20051,01454.9413.42$55,709
Nov 200517054.6910.59$9,297
Oct 200567158.3413.80$39,146
Sep 200551561.4512.08$31,647
Aug 200581361.519.80$50,008
Jul 200582455.697.84$45,889
Jun 20051,16552.337.38$60,964
May 20051,01945.226.65$46,079
Apr 20051,00849.207.36$49,594
Mar 20051,29750.377.15$65,330
Feb 20051,43745.226.31$64,981
Jan 20051,53343.166.32$66,164
Dec 20041,50339.866.75$59,910
Nov 20041,28845.286.33$58,321
Oct 20041,46749.706.52$72,910
Sep 20041,62543.245.28$70,265
Aug 20041,73142.375.55$73,342
Jul 20041,83838.286.08$70,359
Jun 20041,69436.106.43$61,153
May 20041,67237.486.49$62,667
Apr 20041,56334.475.86$53,877
Mar 20041,74434.365.53$59,924
Feb 200486432.455.51$28,037
Jan 20041,01832.036.30$32,607
Dec 20031,16230.266.30$35,162
Nov 20031,19328.804.60$34,358
Oct 20031,36928.174.76$38,565
Sep 20031,31126.314.75$34,492
Aug 20031,43929.765.13$42,825
Jul 20031,10329.415.17$32,439
Jun 20031,14028.565.98$32,558
May 200394426.595.97$25,101
Apr 2003026.675.41$0
Mar 200332531.146.10$10,121
Feb 200327233.487.93$9,107

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.

Sep 2011 — as filed, then multipliedworked
Oil                  156 bbl  × $ 83.62 =    $13,045

────────────────────────────────────────────────────
Month total                                  $13,045

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/14414 is the state's own key, not one this site invented.