BATCHELDER ET AL

Name: BATCHELDER ET AL lease production and value, Sep 1996 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by HUNT PETROLEUM (AEC), INC. (P-5 416520) in the TURTLE CREEK (CHARLTON SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 162414District 03Field 91983585CondensateGasSave Export

Value, all time

$4.2 M

Sep 1996 – Jul 2004

Value, last 12 filed months

$226 k

at the published price for each month

Months reported

no gaps in the span

Streams

condensate, gas

The TURTLE CREEK (CHARLTON SAND) 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 3 leases and 3 wells, and the rule below applies to all of them.

Discovered

1996-09-14

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 1997-04-04.

The Commission's schedule remark for this field reads: “ONE WELL FIELD EFF 5/1/06”

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	42,205 bbl	$865,688
Gas	Production	1,258,076 Mcf	$3,364,262
Total			$4,229,950

131,319 Mcf of this lease's gas, across 4 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 (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 28.7157, -96.2766. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.71569, -96.27658 · 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%

1 of 1 wells

With a plug date

0.0%

0 of 1 wells

Median depth

13,966 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 13,966 ft.

Completions filed

Sep 2012

1 of 1 wells

1 well


42-32131632	1	13,966 ft	Sep 2012	—	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 (95)

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

95 months


Jul 2004	0	0	38.28	6.08	$0
Jun 2004	0	0	36.10	6.43	$0
May 2004	159	0	37.48	6.49	$5,959
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	0	346	34.36	5.53	$1,913
Feb 2004	2	1,062	32.45	5.51	$5,916
Jan 2004	362	5,166	32.03	6.30	$44,139
Dec 2003	0	5,284	30.26	6.30	$33,298
Nov 2003	373	5,645	28.80	4.60	$36,682
Oct 2003	354	5,187	28.17	4.76	$34,660
Sep 2003	3	5,077	26.31	4.75	$24,191
Aug 2003	358	5,498	29.76	5.13	$38,857
Jul 2003	0	5,590	29.41	5.17	$28,905
Jun 2003	189	5,666	28.56	5.98	$39,297
May 2003	186	5,922	26.59	5.97	$40,316
Apr 2003	187	4,869	26.67	5.41	$31,315
Mar 2003	186	4,949	31.14	6.10	$35,961
Feb 2003	190	3,495	33.48	7.93	$34,062
Jan 2003	186	3,895	30.31	5.58	$27,380
Dec 2002	182	6,608	26.91	4.85	$36,971
Nov 2002	189	4,946	24.66	4.14	$25,122
Oct 2002	181	4,552	26.46	4.23	$24,040
Sep 2002	185	4,997	27.44	3.64	$23,241
Aug 2002	358	5,049	25.96	3.16	$25,270
Jul 2002	179	5,382	24.58	3.06	$20,878
Jun 2002	180	5,554	23.73	3.34	$22,812
May 2002	186	6,383	24.66	3.58	$27,463
Apr 2002	181	6,026	23.65	3.51	$25,446
Mar 2002	185	5,046	22.00	3.10	$19,726
Feb 2002	181	5,482	18.22	2.38	$16,321
Jan 2002	368	7,124	17.17	2.38	$23,243
Dec 2001	187	7,463	16.93	2.36	$20,811
Nov 2001	188	7,297	18.07	2.41	$20,950
Oct 2001	362	8,217	19.78	2.53	$27,940
Sep 2001	184	7,932	24.26	2.25	$22,321
Aug 2001	180	8,492	24.87	3.05	$30,404
Jul 2001	182	8,419	23.93	3.20	$31,271
Jun 2001	380	7,714	24.56	3.82	$38,832
May 2001	180	8,964	25.52	4.31	$43,204
Apr 2001	193	8,530	24.68	5.34	$50,274
Mar 2001	365	9,132	24.54	5.38	$58,055
Feb 2001	188	8,461	27.75	5.77	$54,012
Jan 2001	371	9,488	27.47	8.40	$89,879
Dec 2000	189	9,164	26.88	9.12	$88,679
Nov 2000	351	8,920	32.21	5.66	$61,775
Oct 2000	186	9,115	31.23	5.15	$52,710
Sep 2000	366	8,718	31.87	5.19	$56,880
Aug 2000	335	10,666	29.64	4.54	$58,361
Jul 2000	535	13,521	28.53	4.09	$70,561
Jun 2000	364	10,654	29.30	4.40	$57,514
May 2000	186	12,562	27.26	3.68	$51,295
Apr 2000	372	13,068	24.51	3.12	$49,838
Mar 2000	364	13,091	28.42	2.86	$47,782
Feb 2000	372	12,723	27.62	2.73	$44,964
Jan 2000	555	14,438	25.27	2.48	$49,838
Dec 1999	366	14,702	24.28	2.42	$44,520
Nov 1999	554	15,919	23.19	2.43	$51,594
Oct 1999	373	16,488	20.98	2.80	$54,053
Sep 1999	547	15,822	21.75	2.62	$53,333
Aug 1999	366	15,381	19.26	2.88	$51,279
Jul 1999	553	14,400	17.89	2.37	$44,055
Jun 1999	367	12,879	15.94	2.36	$36,271
May 1999	372	13,710	15.79	2.32	$37,695
Apr 1999	551	14,170	15.10	2.21	$39,608
Mar 1999	373	15,894	12.47	1.84	$33,870
Feb 1999	378	13,341	9.98	1.82	$28,024
Jan 1999	559	16,048	10.38	1.90	$36,293
Dec 1998	553	19,238	9.20	1.77	$39,203
Nov 1998	556	21,731	10.89	2.19	$53,553
Oct 1998	744	25,680	12.42	1.97	$59,810
Sep 1998	923	27,513	12.59	2.08	$68,920
Aug 1998	912	28,602	11.30	1.91	$64,860
Jul 1998	741	19,526	11.74	2.24	$52,384
Jun 1998	2	964	11.24	2.24	$2,179
May 1998	0	0	12.62	2.21	$0
Apr 1998	0	0	13.04	2.51	$0
Mar 1998	376	22,878	12.80	2.31	$57,648
Feb 1998	910	29,245	13.95	2.30	$79,933
Jan 1998	375	13,502	14.70	2.15	$34,606
Dec 1997	0	0	16.32	2.41	$0
Nov 1997	0	2,115	18.19	3.09	$6,532
Oct 1997	554	9,548	19.25	3.15	$40,739
Sep 1997	1,101	34,580	17.74	2.95	$121,711
Aug 1997	897	28,866	17.86	2.55	$89,766
Jul 1997	1,417	45,097	17.58	2.25	$126,241
Jun 1997	1,462	41,109	17.24	2.26	$117,996
May 1997	1,632	43,843	18.97	2.31	$132,171
Apr 1997	1,506	42,716	17.88	2.08	$115,895
Mar 1997	1,665	40,124	18.95	1.94	$109,358
Feb 1997	1,481	37,344	20.49	2.21	$112,723
Jan 1997	1,829	42,233	23.48	3.54	$192,437
Dec 1996	1,683	44,257	23.32	—	$39,248
Nov 1996	1,675	37,936	21.97	—	$36,800
Oct 1996	1,281	33,210	23.31	—	$29,860
Sep 1996	146	15,916	22.22	—	$3,244

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 2004 — as filed, then multipliedworked

Condensate           159 bbl  × $ 37.48 =     $5,959
Gas                    0 Mcf  × $  6.49 =         $0

────────────────────────────────────────────────────
Month total                                   $5,959

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. 03/G/162414 is the state's own key, not one this site invented.