CHOATE

Name: CHOATE lease production and value, Sep 2008 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by REMORA OPERATING, LLC (P-5 701613) in the GOEBEL (9600) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 240597District 02Field 355207652 tax incentive programmesCondensateGasSave Export

Value, all time

$24.6 M

Sep 2008 – May 2026

Value, last 12 filed months

$470 k

at the published price for each month

Months reported

213

no gaps in the span

Streams

condensate, gas

The GOEBEL (9600) 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 4 leases and 4 wells, and the rule below applies to all of them.

Discovered

2008-12-29

as the register files it

Field class

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 40 acres. The field rule took effect on 2009-05-19.

The Commission's schedule remark for this field reads: “ALLOCATION FORMULA EFFECTIVE 04/01/2010.”

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	2010-03-18	197589
NGPA	1	none	—	—

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
Condensate	Disposition	130,695 bbl	$8,997,425
Gas	Production	4,035,041 Mcf	$15,639,772
Total			$24,637,196

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 28.5017, -98.0296. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.50169, -98.02957 · 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

0.0%

0 of 1 wells

With a plug date

0.0%

0 of 1 wells

Median depth

10,405 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 10,405 ft.

Completions filed

Sep 2008

1 of 1 wells

1 well


42-29734789	1	10,405 ft	Sep 2008	—	—

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 (213)

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

213 months


May 2026	173	4,481	106.41	3.05	$32,057
Apr 2026	179	8,583	98.93	2.87	$42,339
Mar 2026	357	8,346	89.75	3.15	$58,326
Feb 2026	181	8,368	63.50	3.75	$42,876
Jan 2026	187	5,716	59.13	8.00	$56,773
Dec 2025	357	3,554	56.66	4.41	$35,913
Nov 2025	176	3,826	58.59	3.93	$25,334
Oct 2025	364	5,394	59.38	3.30	$39,441
Sep 2025	356	10,640	62.74	3.08	$55,074
Aug 2025	0	3,353	63.93	3.01	$10,108
Jul 2025	181	6,866	66.74	3.32	$34,842
Jun 2025	182	7,774	66.48	3.13	$36,422
May 2025	374	10,859	60.55	3.23	$57,745
Apr 2025	177	3,904	62.36	3.54	$24,870
Mar 2025	182	9,505	67.70	4.27	$52,892
Feb 2025	383	8,182	70.88	4.34	$62,664
Jan 2025	0	0	74.32	4.28	$0
Dec 2024	0	1,859	68.99	3.12	$5,803
Nov 2024	371	8,587	69.05	2.20	$44,496
Oct 2024	186	9,655	71.37	2.28	$35,302
Sep 2024	181	7,185	69.61	2.36	$29,587
Aug 2024	166	8,206	75.63	2.06	$29,489
Jul 2024	199	8,373	79.93	2.15	$33,879
Jun 2024	355	7,967	78.08	2.63	$48,703
May 2024	184	11,557	78.81	2.20	$39,908
Apr 2024	372	11,257	84.45	1.66	$50,093
Mar 2024	184	7,146	80.30	1.55	$25,817
Feb 2024	383	7,139	76.09	1.78	$41,876
Jan 2024	183	6,807	73.02	3.30	$35,810
Dec 2023	368	8,505	71.26	2.61	$48,428
Nov 2023	190	8,479	77.89	2.81	$38,604
Oct 2023	362	9,691	85.44	3.09	$60,848
Sep 2023	187	7,555	89.04	2.74	$37,314
Aug 2023	358	10,164	80.52	2.67	$55,993
Jul 2023	170	5,478	74.85	2.64	$27,196
Jun 2023	0	1	68.96	2.26	$2
May 2023	187	4,825	70.62	2.23	$23,953
Apr 2023	174	10,324	78.12	2.24	$36,696
Mar 2023	367	9,356	72.85	2.39	$49,126
Feb 2023	193	8,753	75.11	2.47	$36,078
Jan 2023	365	9,159	76.53	3.39	$58,962
Dec 2022	189	6,661	76.41	5.73	$52,603
Nov 2022	367	7,677	85.00	5.65	$74,541
Oct 2022	189	9,054	87.18	5.86	$69,568
Sep 2022	184	9,441	84.88	8.16	$92,691
Aug 2022	184	7,979	94.52	9.13	$90,217
Jul 2022	546	8,903	101.58	7.54	$122,610
Jun 2022	182	9,144	115.09	7.98	$93,890
May 2022	186	9,374	109.37	8.43	$99,394
Apr 2022	376	11,743	104.22	6.84	$119,481
Mar 2022	382	8,992	108.88	5.08	$87,239
Feb 2022	190	7,620	91.05	4.86	$54,324
Jan 2022	369	9,007	81.84	4.54	$71,070
Dec 2021	192	10,744	71.32	3.90	$55,586
Nov 2021	381	9,639	77.43	5.24	$79,979
Oct 2021	376	10,041	79.79	5.71	$87,374
Sep 2021	371	9,231	69.86	5.35	$75,312
Aug 2021	184	10,007	66.02	4.22	$54,383
Jul 2021	372	10,625	70.78	3.98	$68,640
Jun 2021	186	11,465	69.49	3.38	$51,684
May 2021	383	10,899	63.48	3.02	$57,202
Apr 2021	375	12,140	60.36	2.76	$56,122
Mar 2021	388	13,162	61.30	2.72	$59,545
Feb 2021	180	7,176	57.80	5.55	$50,216
Jan 2021	379	13,099	50.41	2.81	$55,917
Dec 2020	355	12,196	44.64	2.68	$48,477
Nov 2020	358	12,104	38.77	2.71	$46,640
Oct 2020	370	13,418	36.97	2.48	$46,934
Sep 2020	344	12,919	37.09	1.99	$38,481
Aug 2020	353	13,410	39.98	2.39	$46,097
Jul 2020	197	14,296	38.37	1.83	$33,651
Jun 2020	195	2,443	34.90	1.69	$10,935
May 2020	194	10,904	16.92	1.81	$23,071
Apr 2020	356	10,503	14.75	1.80	$24,202
Mar 2020	357	11,624	30.34	1.86	$32,408
Feb 2020	377	11,303	49.88	1.98	$41,192
Jan 2020	183	11,403	57.25	2.09	$34,363
Dec 2019	374	11,909	59.01	2.30	$49,512
Nov 2019	373	12,545	55.30	2.75	$55,134
Oct 2019	370	12,672	53.47	2.42	$50,432
Sep 2019	369	11,928	55.05	2.66	$52,009
Aug 2019	370	12,782	53.11	2.30	$49,105
Jul 2019	373	12,185	56.27	2.46	$50,965
Jun 2019	187	10,976	52.78	2.49	$37,213
May 2019	366	11,867	58.48	2.74	$53,923
Apr 2019	374	11,792	62.63	2.75	$55,860
Mar 2019	377	12,025	56.80	3.06	$58,235
Feb 2019	314	11,920	50.85	2.79	$49,250
Jan 2019	374	13,344	46.03	3.23	$60,292
Dec 2018	563	12,426	46.59	4.19	$78,238
Nov 2018	191	11,185	52.93	4.24	$57,503
Oct 2018	371	13,529	61.44	3.40	$68,767
Sep 2018	195	14,386	59.54	3.11	$56,322
Aug 2018	375	14,905	59.40	3.07	$67,982
Jul 2018	342	12,972	65.14	2.93	$60,310
Jun 2018	558	14,711	60.18	3.08	$78,845
May 2018	369	16,805	65.38	2.90	$72,873
Apr 2018	185	8,647	63.84	2.90	$36,894
Mar 2018	369	15,774	61.22	2.79	$66,550
Feb 2018	547	13,664	61.78	2.77	$71,590
Jan 2018	381	15,078	62.87	4.01	$84,406
Dec 2017	390	13,395	57.27	2.92	$61,469
Nov 2017	374	13,756	55.42	3.12	$63,623
Oct 2017	365	14,908	49.29	2.98	$62,472
Sep 2017	377	13,674	47.52	3.09	$60,131
Aug 2017	373	16,393	45.37	3.00	$66,174
Jul 2017	372	16,543	43.87	3.09	$67,393
Jun 2017	546	16,445	42.49	3.09	$73,970
May 2017	363	15,457	45.37	3.26	$66,912
Apr 2017	362	17,157	47.93	3.21	$72,452
Mar 2017	574	16,988	46.77	2.98	$77,533
Feb 2017	372	15,046	50.45	2.95	$63,192
Jan 2017	377	16,581	49.41	3.42	$75,315
Dec 2016	374	16,040	48.76	3.72	$77,950
Nov 2016	560	16,444	42.49	2.64	$67,278
Oct 2016	360	16,400	46.19	3.09	$67,309
Sep 2016	380	15,646	41.55	3.10	$64,301
Aug 2016	510	16,766	41.44	2.92	$70,164
Jul 2016	373	17,250	41.62	2.92	$65,969
Jun 2016	555	17,344	45.35	2.69	$71,752
May 2016	394	16,610	42.52	1.99	$49,824
Apr 2016	587	16,134	36.56	1.99	$53,584
Mar 2016	379	16,054	33.01	1.79	$41,312
Feb 2016	580	14,742	26.47	2.06	$45,775
Jan 2016	580	16,886	27.35	2.36	$55,788
Dec 2015	575	15,912	32.36	2.00	$50,453
Nov 2015	567	16,081	38.79	2.17	$56,847
Oct 2015	552	16,813	43.55	2.43	$64,838
Sep 2015	574	17,358	42.99	2.76	$72,557
Aug 2015	549	18,466	40.16	2.87	$75,091
Jul 2015	569	18,392	48.15	2.95	$81,563
Jun 2015	580	17,339	56.15	2.88	$82,553
May 2015	572	17,516	55.21	2.96	$83,348
Apr 2015	567	15,675	49.82	2.71	$70,673
Mar 2015	556	12,696	42.89	2.93	$61,106
Feb 2015	389	13,275	44.66	2.98	$56,882
Jan 2015	589	13,224	43.43	3.10	$66,583
Dec 2014	568	13,688	54.69	3.59	$80,222
Nov 2014	553	14,160	70.46	4.25	$99,170
Oct 2014	561	18,047	78.30	3.90	$114,327
Sep 2014	397	12,439	86.16	4.05	$84,527
Aug 2014	584	18,419	89.39	4.04	$126,527
Jul 2014	764	19,378	96.56	4.18	$154,764
Jun 2014	528	19,864	98.16	4.74	$145,922
May 2014	715	21,705	94.73	4.73	$170,322
Apr 2014	536	21,193	95.94	4.81	$153,344
Mar 2014	906	21,542	95.89	5.06	$195,810
Feb 2014	547	20,431	97.40	6.19	$179,787
Jan 2014	542	19,754	90.40	4.86	$145,015
Dec 2013	719	20,334	91.82	4.35	$154,563
Nov 2013	549	17,538	88.85	3.74	$114,341
Oct 2013	716	19,979	97.42	3.78	$145,261
Sep 2013	540	19,786	104.11	3.72	$129,779
Aug 2013	708	22,016	104.25	3.52	$151,363
Jul 2013	542	20,485	102.52	3.72	$131,724
Jun 2013	681	19,991	94.40	3.93	$142,919
May 2013	540	22,437	94.83	4.15	$144,301
Apr 2013	720	23,549	93.96	4.28	$168,502
Mar 2013	902	24,396	93.62	3.91	$179,904
Feb 2013	538	23,662	91.23	3.42	$130,004
Jan 2013	922	24,757	91.60	3.42	$169,122
Dec 2012	535	21,866	86.77	3.42	$121,207
Nov 2012	724	24,240	86.95	3.62	$150,821
Oct 2012	733	26,178	89.38	3.40	$154,512
Sep 2012	746	20,427	94.67	2.92	$130,238
Aug 2012	548	22,599	92.66	2.91	$116,499
Jul 2012	753	26,428	85.13	3.02	$143,937
Jun 2012	572	26,061	79.82	2.52	$111,306
May 2012	939	27,811	91.61	2.49	$155,224
Apr 2012	555	26,137	101.65	2.00	$108,606
Mar 2012	893	27,230	105.05	2.22	$154,317
Feb 2012	942	26,327	101.10	2.57	$162,903
Jan 2012	763	27,467	98.09	2.73	$149,940
Dec 2011	931	27,892	96.87	3.24	$180,549
Nov 2011	955	28,621	95.72	3.31	$186,185
Oct 2011	726	30,708	84.98	3.65	$173,735
Sep 2011	898	29,840	83.62	3.99	$194,027
Aug 2011	733	30,206	83.40	4.15	$186,467
Jul 2011	900	30,588	94.14	4.52	$222,899
Jun 2011	884	29,792	92.90	4.64	$220,355
May 2011	892	31,826	98.13	4.40	$227,720
Apr 2011	813	31,372	105.96	4.33	$222,089
Mar 2011	1,267	34,003	96.36	4.06	$260,050
Feb 2011	727	30,073	85.64	4.18	$187,965
Jan 2011	1,074	35,531	86.50	4.59	$255,945
Dec 2010	1,070	36,124	85.73	4.35	$248,789
Nov 2010	1,079	33,097	80.84	3.80	$212,840
Oct 2010	1,087	40,069	78.10	3.51	$225,492
Sep 2010	1,228	38,013	72.63	3.98	$240,461
Aug 2010	1,263	37,428	73.68	4.42	$258,466
Jul 2010	1,076	35,862	72.55	4.74	$247,924
Jun 2010	1,061	33,448	70.36	4.91	$238,895
May 2010	1,432	36,491	71.12	4.24	$256,391
Apr 2010	1,133	35,423	81.69	4.12	$238,593
Mar 2010	1,304	38,307	78.39	4.39	$270,337
Feb 2010	1,150	36,159	73.58	5.44	$281,407
Jan 2010	1,670	40,578	74.36	5.96	$366,192
Dec 2009	1,474	44,351	71.44	5.48	$348,512
Nov 2009	1,826	45,856	74.59	3.75	$308,230
Oct 2009	1,079	32,109	72.54	4.11	$210,247
Sep 2009	1,634	45,749	65.54	3.06	$247,302
Aug 2009	1,746	49,178	67.42	3.22	$275,995
Jul 2009	1,780	49,731	61.13	3.46	$281,104
Jun 2009	1,953	50,556	66.16	3.90	$326,126
May 2009	2,161	53,982	54.74	3.93	$330,213
Apr 2009	1,923	54,500	46.77	3.59	$285,457
Mar 2009	2,363	59,459	42.14	4.06	$340,921
Feb 2009	2,556	56,177	32.81	4.63	$344,130
Jan 2009	2,878	66,767	35.86	5.37	$461,811
Dec 2008	3,086	72,540	37.10	5.98	$548,072
Nov 2008	3,617	79,236	55.49	6.86	$744,295
Oct 2008	3,808	89,779	75.24	6.92	$907,962
Sep 2008	1,450	38,141	101.76	7.88	$447,992

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

Condensate           173 bbl  × $106.41 =    $18,409
Gas                4,481 Mcf  × $  3.05 =    $13,648

────────────────────────────────────────────────────
Month total                                  $32,057

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. 02/G/240597 is the state's own key, not one this site invented.