CHAD

Operated by CML EXPLORATION, LLC (P-5 120648) in the PENA CREEK (GEORGETOWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 18965District 01Field 70411210Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$7.8 M
Mar 2017 – May 2026
Value, last 12 filed months
$85 k
at the published price for each month
Months reported
111
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 83 leases and 91 wells, and the rule below applies to all of them.

Discovered
2003-10-10
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
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2023-12-13.

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: FIELD RULES MADE PERMANENT EFFECTIVE 06/16/2020 PURSUANT TO

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
OilDisposition131,193 bbl$7,218,996
Casinghead gasProduction188,528 Mcf$610,222
Total$7,829,218

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 28.6652, -99.6470. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.66524, -99.64697 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
7,249 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
00.0%
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.
1100.0%

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 7,249 ft.

Completions filed
Mar 2017
1 of 1 wells

1 well

42-5073328317,249 ftMar 2017

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 (111)

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

111 months

May 202615917106.413.05$16,971
Apr 20261894198.932.87$18,815
Mar 202611089.753.15$121
Feb 2026172063.503.75$10,922
Jan 20260059.138.00$0
Dec 2025189056.664.41$10,709
Nov 202506658.593.93$259
Oct 2025013459.383.30$443
Sep 202517715662.743.08$11,585
Aug 2025421463.933.01$901
Jul 202519324966.743.32$13,706
Jun 2025125166.483.13$852
May 2025629860.553.23$1,327
Apr 20251133062.363.54$1,855
Mar 2025613967.704.27$1,000
Feb 20251418970.884.34$1,813
Jan 202517323674.324.28$13,867
Dec 2024020768.993.12$646
Nov 202417028869.052.20$12,372
Oct 202415431871.372.28$11,716
Sep 2024034269.612.36$809
Aug 202414634275.632.06$11,748
Jul 202418831879.932.15$15,709
Jun 202419642278.082.63$16,415
May 2024455878.812.20$1,542
Apr 202456471184.451.66$48,809
Mar 20241180680.301.55$2,129
Feb 20241841,62376.091.78$16,895
Jan 202419772173.023.30$16,763
Dec 202355547871.262.61$40,797
Nov 20233861,46477.892.81$34,176
Oct 202317963285.443.09$17,245
Sep 202319252689.042.74$18,534
Aug 2023076180.522.67$2,034
Jul 20231943,78974.852.64$24,531
Jun 20231391,05568.962.26$11,968
May 20231801,13170.622.23$15,231
Apr 202317852778.122.24$15,085
Mar 202391556672.852.39$68,012
Feb 202318348175.112.47$14,931
Jan 202351060176.533.39$41,066
Dec 202219252876.415.73$17,696
Nov 202218656785.005.65$19,011
Oct 202270856487.185.86$65,031
Sep 202235737784.888.16$33,380
Aug 202218629194.529.13$20,237
Jul 2022177426101.587.54$21,193
Jun 20225151,651115.097.98$72,442
May 20227142,820109.378.43$101,871
Apr 20221,658987104.226.84$179,545
Mar 20221,098960108.885.08$124,424
Feb 202218152091.054.86$19,007
Jan 2022136481.844.54$1,734
Dec 202135560871.323.90$27,689
Nov 2021060077.435.24$3,142
Oct 202115778879.795.71$17,030
Sep 202173077169.865.35$55,123
Aug 202190899866.024.22$64,158
Jul 20211,1001,16670.783.98$82,501
Jun 20211,10493869.493.38$79,888
May 20211,4842,08663.483.02$100,499
Apr 20211,2892,13860.362.76$83,702
Mar 20216601,42861.302.72$44,338
Feb 202101,73257.805.55$9,609
Jan 202101,32850.412.81$3,732
Dec 20201601,03044.642.68$9,898
Nov 20201571,42138.772.71$9,933
Oct 202001,11636.972.48$2,766
Sep 202001,53137.091.99$3,048
Aug 20202,2152,03739.982.39$93,414
Jul 20207291,04438.371.83$29,877
Jun 20201,0951,29134.901.69$40,398
May 202017897916.921.81$4,788
Apr 20201,1711,09214.751.80$19,243
Mar 20209181,21330.341.86$30,104
Feb 20201,4831,23549.881.98$76,418
Jan 202015188157.252.09$10,490
Dec 20196841,27459.012.30$43,299
Nov 20197371,44855.302.75$44,739
Oct 20191,1031,67253.472.42$63,021
Sep 20197371,80055.052.66$45,355
Aug 20191,4111,96053.112.30$79,455
Jul 20195451,52956.272.46$34,429
Jun 20197031,89052.782.49$41,813
May 20196592,47258.482.74$45,312
Apr 20191,4712,81062.632.75$99,858
Mar 20193,0281,48156.803.06$176,525
Feb 20199121,12550.852.79$49,516
Jan 20193,6962,75246.033.23$179,011
Dec 20183,3502,71846.594.19$167,453
Nov 20182,8262,20152.934.24$158,906
Oct 20182,4242,12961.443.40$156,165
Sep 20181,8482,01159.543.11$116,280
Aug 20181,8231,64259.403.07$113,321
Jul 20182,3561,80165.142.93$158,750
Jun 20181,9591,79660.183.08$123,419
May 20182,4611,75365.382.90$165,985
Apr 20182,6441,96563.842.90$174,493
Mar 20183,0691,87061.222.79$193,096
Feb 20182,95596361.782.77$185,224
Jan 20183,1932,25062.874.01$209,765
Dec 20172,9782,51657.272.92$177,901
Nov 20171,6175755.423.12$89,792
Oct 20171,348249.292.98$66,449
Sep 20171,6041,85947.523.09$81,961
Aug 20171301,58145.373.00$10,648
Jul 20177,45918,02143.873.09$382,862
Jun 20179,92923,02242.493.09$492,959
May 201711,56821,72245.373.26$595,728
Apr 201717,21913,93347.933.21$870,054
Mar 20172,010046.772.98$94,008

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.

May 2026 — as filed, then multipliedworked
Oil                  159 bbl  × $106.41 =    $16,919
Casinghead gas        17 Mcf  × $  3.05 =        $52

────────────────────────────────────────────────────
Month total                                  $16,971

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/18965 is the state's own key, not one this site invented.