FITE FEE

Operated by CHANNA OPERATING, LLC (P-5 144401) in the SANDY POINT, WEST (6480) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 12281District 03Field 80706650OilCasinghead gasSaveExport
Value, all time
$1.5 M
Jan 1993 – Aug 2014
Value, last 12 filed months
$0
at the published price for each month
Months reported
260
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 3 leases and 3 wells, and the rule below applies to all of them.

Discovered
1975-04-19
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
OilDisposition74,866 bbl$1,517,735
Casinghead gasProduction163 Mcf$514
Total$1,518,248

48 Mcf of this lease's gas, across 48 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 29.3881, -95.4522. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.38807, -95.45219 · 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%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
6,612 ft
1 wells filed one
Completion to plug
35.2 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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 6,612 ft.

Completions filed
Mar 1979
1 of 1 wells
Plug dates filed
May 2014
1 of 1 wells

Last completion to plug: a median of 35.2 years across the 1 well that filed both dates, with the middle half between 35.2 years and 35.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-0393050116,612 ftMar 1979May 2014Yes

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 (260)

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

260 months

Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20081192.538.77$101
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20071191.677.29$99
Oct 20071182.856.92$90
Sep 20071175.846.24$82
Aug 20070169.066.39$6
Jul 20070170.906.39$6
Jun 20071162.007.55$70
May 20070058.747.85$0
Apr 20073159.617.81$187
Mar 20071156.927.30$64
Feb 20077155.108.22$394
Jan 20076150.306.73$309
Dec 20065056.656.92$283
Nov 20066154.207.62$333
Oct 20062054.906.01$110
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20068169.376.34$561
Jun 20063166.286.38$205
May 20061166.016.42$72
Apr 20063164.397.36$201
Mar 20062156.707.08$120
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20051054.9413.42$55
Nov 20053054.6910.59$164
Oct 20054058.3413.80$233
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 2005224155.697.84$12,482
Jun 20051152.337.38$60
May 20053145.226.65$142
Apr 20053149.207.36$155
Mar 20052050.377.15$101
Feb 20050045.226.31$0
Jan 2005158043.166.32$6,819
Dec 200425139.866.75$1,003
Nov 20042145.286.33$97
Oct 20040149.706.52$7
Sep 2004159143.245.28$6,880
Aug 2004175142.375.55$7,420
Jul 2004166138.286.08$6,361
Jun 2004169136.106.43$6,107
May 2004340137.486.49$12,750
Apr 2004351134.475.86$12,105
Mar 2004335134.365.53$11,516
Feb 2004314132.455.51$10,195
Jan 2004335132.036.30$10,736
Dec 2003308130.266.30$9,326
Nov 20030128.804.60$5
Oct 2003180128.174.76$5,075
Sep 2003516126.314.75$13,581
Aug 2003349129.765.13$10,391
Jul 2003353129.415.17$10,387
Jun 2003359128.565.98$10,259
May 2003509126.595.97$13,540
Apr 2003358126.675.41$9,553
Mar 2003347131.146.10$10,812
Feb 2003373133.487.93$12,496
Jan 2003526130.315.58$15,949
Dec 2002340126.914.85$9,154
Nov 2002398124.664.14$9,819
Oct 2002551126.464.23$14,584
Sep 2002379127.443.64$10,403
Aug 2002348125.963.16$9,037
Jul 2002685124.583.06$16,840
Jun 2002190123.733.34$4,512
May 2002389124.663.58$9,596
Apr 200216123.653.51$382
Mar 2002381122.003.10$8,385
Feb 2002348118.222.38$6,343
Jan 2002351117.172.38$6,029
Dec 2001537116.932.36$9,094
Nov 2001375118.072.41$6,779
Oct 2001530119.782.53$10,486
Sep 2001365124.262.25$8,857
Aug 2001591124.873.05$14,701
Jul 2001549123.933.20$13,141
Jun 2001511124.563.82$12,554
May 2001539125.524.31$13,760
Apr 2001356124.685.34$8,791
Mar 2001359124.545.38$8,815
Feb 2001494127.755.77$13,714
Jan 2001526127.478.40$14,458
Dec 2000165126.889.12$4,444
Nov 2000335132.215.66$10,796
Oct 2000515131.235.15$16,089
Sep 2000533131.875.19$16,992
Aug 2000357129.644.54$10,586
Jul 2000699128.534.09$19,947
Jun 2000512129.304.40$15,006
May 2000540127.263.68$14,724
Apr 2000522124.513.12$12,797
Mar 2000530128.422.86$15,065
Feb 2000477127.622.73$13,177
Jan 2000533125.272.48$13,471
Dec 1999540124.282.42$13,114
Nov 1999524123.192.43$12,154
Oct 1999552020.982.80$11,581
Sep 1999569121.752.62$12,378
Aug 1999527119.262.88$10,153
Jul 1999672117.892.37$12,024
Jun 1999565115.942.36$9,008
May 1999522115.792.32$8,245
Apr 1999685115.102.21$10,346
Mar 1999353112.471.84$4,404
Feb 199937419.981.82$3,734
Jan 19990110.381.90$2
Dec 1998009.201.77$0
Nov 19980110.892.19$2
Oct 1998276112.421.97$3,430
Sep 1998685112.592.08$8,626
Aug 1998652111.301.91$7,370
Jul 1998716111.742.24$8,408
Jun 1998537111.242.24$6,038
May 1998712112.622.21$8,988
Apr 1998714113.042.51$9,313
Mar 1998689112.802.31$8,822
Feb 1998663113.952.30$9,251
Jan 1998884114.702.15$12,997
Dec 1997535116.322.41$8,734
Nov 1997713118.193.09$12,973
Oct 1997724119.253.15$13,940
Sep 1997690117.742.95$12,244
Aug 1997726117.862.55$12,969
Jul 1997865117.582.25$15,209
Jun 1997711117.242.26$12,260
May 1997707118.972.31$13,414
Apr 1997890117.882.08$15,915
Mar 1997685118.951.94$12,983
Feb 1997688120.492.21$14,099
Jan 1997672123.483.54$15,782
Dec 1996889123.32$20,731
Nov 1996715121.97$15,709
Oct 1996715123.31$16,667
Sep 1996633122.22$14,065
Aug 1996872120.26$17,667
Jul 1996682119.55$13,333
Jun 1996849118.73$15,902
May 1996877119.43$17,040
Apr 1996873121.51$18,778
Mar 1996708119.38$13,721
Feb 1996713116.98$12,107
Jan 1996709117.07$12,103
Dec 1995498117.19$8,561
Nov 1995742116.00$11,872
Oct 1995730115.43$11,264
Sep 1995939116.18$15,193
Aug 1995551115.92$8,772
Jul 1995526115.24$8,016
Jun 1995541116.41$8,878
May 1995378117.56$6,638
Apr 1995749117.73$13,280
Mar 1995730116.44$12,001
Feb 1995543116.58$9,003
Jan 1995709115.92$11,287
Dec 1994570115.03$8,567
Nov 1994545115.90$8,666
Oct 1994551115.58$8,585
Sep 1994549115.29$8,394
Aug 1994380116.13$6,129
Jul 1994682117.56$11,976
Jun 1994715117.09$12,219
May 1994530115.88$8,416
Apr 1994665114.14$9,403
Mar 1994655112.46$8,161
Feb 1994536112.50$6,700
Jan 1994543112.66$6,874
Dec 1993675112.33$8,323
Nov 1993494114.49$7,158
Oct 1993515115.85$8,163
Sep 1993720115.03$10,822
Aug 1993346115.66$5,418
Jul 1993665115.46$10,281
Jun 1993699116.79$11,736
May 1993671117.68$11,863
Apr 1993659118.05$11,895
Mar 1993467118.14$8,471
Feb 1993822117.90$14,714
Jan 1993498116.93$8,431

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.

Feb 2008 — as filed, then multipliedworked
Oil                    1 bbl  × $ 92.53 =        $93
Casinghead gas         1 Mcf  × $  8.77 =         $9

────────────────────────────────────────────────────
Month total                                     $101

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/O/12281 is the state's own key, not one this site invented.