PHOEBE "B"

Operated by CHESAPEAKE OPERATING, L.L.C. (P-5 147699) in the GIDDINGS (AUSTIN CHALK-3) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 20980District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$3.9 M
Jan 1993 – Jun 2022
Value, last 12 filed months
$0
at the published price for each month
Months reported
354
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 5,900 leases and 6,985 wells, and the rule below applies to all of them.

Discovered
1960-10-29
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 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 2025-09-30.

The Commission's schedule remark for this field reads: DKT OG-25-00028011: UFT FIELD, ALLOCATION FORMULA SUSPENDED

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
OilDisposition95,694 bbl$3,573,435
Casinghead gasProduction94,030 Mcf$334,086
Total$3,907,521

16,890 Mcf of this lease's gas, across 46 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 30.5906, -96.6535. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.59063, -96.65348 · 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
8,553 ft
1 wells filed one
Completion to plug
31.3 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 8,553 ft.

Completions filed
Feb 1991
1 of 1 wells
Plug dates filed
May 2022
1 of 1 wells

Last completion to plug: a median of 31.3 years across the 1 well that filed both dates, with the middle half between 31.3 years and 31.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-0513316428,553 ftFeb 1991May 2022Yes

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 (354)

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

354 months

Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200249.881.98$4
Jan 20200557.252.09$10
Dec 20190959.012.30$21
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 201938052.782.49$2,006
May 20190058.482.74$0
Apr 201901662.632.75$44
Mar 201903156.803.06$95
Feb 2019016750.852.79$466
Jan 201901746.033.23$55
Dec 201803546.594.19$146
Nov 20180652.934.24$25
Oct 20180661.443.40$20
Sep 201802359.543.11$71
Aug 201808159.403.07$248
Jul 201807165.142.93$208
Jun 2018658660.183.08$4,176
May 20181771765.382.90$11,622
Apr 20180263.842.90$6
Mar 20181887261.222.79$11,710
Feb 2018013661.782.77$376
Jan 201821416762.874.01$14,124
Dec 201719119657.272.92$11,511
Nov 2017017955.423.12$558
Oct 201719422049.292.98$10,219
Sep 201718923747.523.09$9,713
Aug 201719310545.373.00$9,072
Jul 20170643.873.09$19
Jun 201718812042.493.09$8,359
May 20171859845.373.26$8,713
Apr 2017021847.933.21$700
Mar 201719223646.772.98$9,684
Feb 201718118950.452.95$9,689
Jan 2017019349.413.42$660
Dec 201618423948.763.72$9,862
Nov 201618023542.492.64$8,270
Oct 201618624746.193.09$9,355
Sep 201619024341.553.10$8,648
Aug 2016026841.442.92$784
Jul 201617827941.622.92$8,224
Jun 201617320445.352.69$8,393
May 201617618242.521.99$7,846
Apr 201618324636.561.99$7,180
Mar 2016025333.011.79$454
Feb 201619024226.472.06$5,529
Jan 201618725927.352.36$5,727
Dec 201519426232.362.00$6,802
Nov 201518126438.792.17$7,593
Oct 201518131743.552.43$8,652
Sep 2015024642.992.76$679
Aug 201518130240.162.87$8,136
Jul 201518629448.152.95$9,822
Jun 201517928856.152.88$10,881
May 201518329355.212.96$10,969
Apr 2015028649.822.71$774
Mar 201518426442.892.93$8,667
Feb 201518328044.662.98$9,006
Jan 201517929243.433.10$8,679
Dec 201418128954.693.59$10,937
Nov 201419124970.464.25$14,517
Oct 201418829278.303.90$15,859
Sep 201418530886.164.05$17,186
Aug 201418430889.394.04$17,691
Jul 201418529196.564.18$19,080
Jun 2014028798.164.74$1,359
May 201418527194.734.73$18,806
Apr 201419116295.944.81$19,104
Mar 201418925695.895.06$19,418
Feb 201418424297.406.19$19,420
Jan 201419023690.404.86$18,323
Dec 201318828991.824.35$18,521
Nov 201316829188.853.74$16,015
Oct 201318132597.423.78$18,861
Sep 2013179295104.113.72$19,732
Aug 2013183353104.253.52$20,321
Jul 2013181339102.523.72$19,816
Jun 201317934594.403.93$18,255
May 201317835994.834.15$18,369
Apr 201318133493.964.28$18,437
Mar 201318134393.623.91$18,287
Feb 201336831591.233.42$34,650
Jan 201319232191.603.42$18,685
Dec 201218434786.773.42$17,152
Nov 201219035286.953.62$17,796
Oct 201217836589.383.40$17,151
Sep 201217725394.672.92$17,495
Aug 201218136692.662.91$17,836
Jul 201219028085.133.02$17,021
Jun 201217434479.822.52$14,755
May 20123594991.612.49$33,010
Apr 2012180347101.652.00$18,990
Mar 2012184334105.052.22$20,071
Feb 2012181313101.102.57$19,104
Jan 201236935098.092.73$37,152
Dec 201118136596.873.24$18,716
Nov 201134838995.723.31$34,599
Oct 201117937984.983.65$16,594
Sep 201135767383.623.99$32,535
Aug 201118234683.404.15$16,614
Jul 201117940494.144.52$18,676
Jun 201118139592.904.64$18,648
May 201135936598.134.40$36,836
Apr 2011182374105.964.33$20,905
Mar 201136130896.364.06$36,036
Feb 201136230885.644.18$32,289
Jan 201118329686.504.59$17,188
Dec 201036328585.734.35$32,359
Nov 201018320180.843.80$15,557
Oct 201035714178.103.51$28,376
Sep 201018125972.633.98$14,177
Aug 201018034673.684.42$14,792
Jul 201035134172.554.74$27,080
Jun 201036351470.364.91$28,065
May 201018057371.124.24$15,228
Apr 201035940781.694.12$31,005
Mar 201036332178.394.39$29,864
Feb 201036133473.585.44$28,380
Jan 201036744874.365.96$29,962
Dec 200936244871.445.48$28,318
Nov 200936651274.593.75$29,221
Oct 200936050172.544.11$28,174
Sep 200935950665.543.06$25,080
Aug 200935957667.423.22$26,058
Jul 200954061561.133.46$35,141
Jun 200936259466.163.90$26,264
May 200937062854.743.93$22,719
Apr 200954455146.773.59$27,420
Mar 200954341942.144.06$24,583
Feb 200954337632.814.63$19,558
Jan 200956144935.865.37$22,529
Dec 200872961937.105.98$30,746
Nov 20089321,16355.496.86$59,695
Oct 20082,0851,75275.246.92$169,003
Sep 20086140101.767.88$1,713
Aug 200800114.228.48$0
Jul 2008193182131.0811.39$27,371
Jun 2008193148131.3313.03$27,276
May 20080163123.1711.57$1,887
Apr 2008194104110.3110.45$22,487
Mar 2008067101.909.66$647
Feb 200818611692.538.77$18,228
Jan 200819435090.388.21$20,406
Dec 200719515888.337.30$18,378
Nov 2007012591.677.29$911
Oct 2007017682.856.92$1,218
Sep 200738516475.846.24$30,222
Aug 2007017869.066.39$1,137
Jul 200718318270.906.39$14,137
Jun 200719118162.007.55$13,208
May 2007016258.747.85$1,271
Apr 200719628059.617.81$13,869
Mar 200719517856.927.30$12,399
Feb 2007022255.108.22$1,824
Jan 200719025050.306.73$11,239
Dec 200618327356.656.92$12,256
Nov 200618126654.207.62$11,836
Oct 2006025254.906.01$1,515
Sep 200618423060.085.04$12,213
Aug 200618430968.717.34$14,911
Jul 200618427069.376.34$14,477
Jun 200618328766.286.38$13,961
May 2006023766.016.42$1,523
Apr 200618218964.397.36$13,110
Mar 200618422056.707.08$11,991
Feb 200619416357.597.75$12,436
Jan 200618324060.598.93$13,232
Dec 2005020554.9413.42$2,750
Nov 200518028154.6910.59$12,820
Oct 200518432658.3413.80$15,232
Sep 2005024361.4512.08$2,935
Aug 200519132661.519.80$14,942
Jul 200536328155.697.84$22,420
Jun 2005028452.337.38$2,096
May 200518126245.226.65$9,927
Apr 2005024749.207.36$1,818
Mar 200536029150.377.15$20,215
Feb 2005022045.226.31$1,389
Jan 200517625143.166.32$9,183
Dec 200418826539.866.75$9,283
Nov 2004020145.286.33$1,272
Oct 200419419649.706.52$10,919
Sep 200418323643.245.28$9,160
Aug 200418122642.375.55$8,923
Jul 200418023338.286.08$8,308
Jun 200417922836.106.43$7,929
May 200418024837.486.49$8,357
Apr 200418426734.475.86$7,907
Mar 200418128534.365.53$7,795
Feb 2004023632.455.51$1,300
Jan 200436528732.036.30$13,499
Dec 200318919230.266.30$6,929
Nov 200318118528.804.60$6,063
Oct 200318021928.174.76$6,113
Sep 200318320526.314.75$5,788
Aug 200318121329.765.13$6,479
Jul 200318126729.415.17$6,704
Jun 200319131328.565.98$7,328
May 200318526926.595.97$6,526
Apr 200317726026.675.41$6,126
Mar 200318425831.146.10$7,303
Feb 200318517833.487.93$7,605
Jan 200318213630.315.58$6,276
Dec 200218017726.914.85$5,703
Nov 200222823624.664.14$6,599
Oct 200217726626.464.23$5,808
Sep 200217624227.443.64$5,709
Aug 200216534025.963.16$5,359
Jul 200237229524.583.06$10,047
Jun 2002028523.733.34$951
May 200237434424.663.58$10,456
Apr 200234126823.653.51$9,006
Mar 2002021022.003.10$652
Feb 200217726818.222.38$3,862
Jan 200237124517.172.38$6,952
Dec 200118951916.932.36$4,427
Nov 200118325918.072.41$3,930
Oct 200117933419.782.53$4,385
Sep 200136131524.262.25$9,467
Aug 200118426624.873.05$5,388
Jul 200117324123.933.20$4,910
Jun 200117225124.563.82$5,184
May 200135132625.524.31$10,362
Apr 200149228024.685.34$13,636
Mar 2001031924.545.38$1,715
Feb 20011593427.755.77$4,608
Jan 200136329527.478.40$12,449
Dec 200018329026.889.12$7,565
Nov 200036328132.215.66$13,282
Oct 200016639331.235.15$7,206
Sep 200032528931.875.19$11,857
Aug 200017729729.644.54$6,595
Jul 200034821428.534.09$10,804
Jun 200036923229.304.40$11,832
May 200036734227.263.68$11,263
Apr 2000028524.513.12$888
Mar 200035638128.422.86$11,207
Feb 200072538427.622.73$21,071
Jan 2000035125.272.48$871
Dec 199936727224.282.42$9,570
Nov 199936030423.192.43$9,088
Oct 1999035720.982.80$1,001
Sep 199935431621.752.62$8,527
Aug 199918238119.262.88$4,601
Jul 199935941717.892.37$7,412
Jun 199971935515.942.36$12,299
May 199936745615.792.32$6,853
Apr 1999036015.102.21$795
Mar 199935032312.471.84$4,958
Feb 19993573009.981.82$4,108
Jan 199935640510.381.90$4,465
Dec 19983573219.201.77$3,854
Nov 199836138210.892.19$4,766
Oct 199818231712.421.97$2,885
Sep 199853236112.592.08$7,450
Aug 199853539511.301.91$6,799
Jul 199835542711.742.24$5,123
Jun 199835332311.242.24$4,690
May 199835242912.622.21$5,389
Apr 199835841713.042.51$5,713
Mar 199836139112.802.31$5,524
Feb 199835331513.952.30$5,649
Jan 199853633014.702.15$8,590
Dec 199772439816.322.41$12,775
Nov 1997036518.193.09$1,127
Oct 199753639219.253.15$11,553
Sep 199734028417.742.95$6,871
Aug 199771341417.862.55$13,792
Jul 199735146317.582.25$7,211
Jun 199735515617.242.26$6,472
May 199770912818.972.31$13,745
Apr 199735740617.882.08$7,229
Mar 199735847718.951.94$7,709
Feb 199771443920.492.21$15,598
Jan 199772441623.483.54$18,472
Dec 199636043523.32$8,395
Nov 199635843521.97$7,865
Oct 199670057923.31$16,317
Sep 199635744922.22$7,933
Aug 199669548620.26$14,081
Jul 199671368019.55$13,939
Jun 199669664618.73$13,036
May 199670066219.43$13,601
Apr 199636353021.51$7,808
Mar 199672666419.38$14,070
Feb 199687755416.98$14,891
Jan 199636040017.07$6,145
Dec 199572047917.19$12,377
Nov 199572259216.00$11,552
Oct 199590668915.43$13,980
Sep 199590267516.18$14,594
Aug 199571973615.92$11,446
Jul 199598158115.24$14,950
Jun 19951,07768216.41$17,674
May 19951,07751717.56$18,912
Apr 19951,09435717.73$19,397
Mar 19951,46367416.44$24,052
Feb 19951,61396116.58$26,744
Jan 19952,35183715.92$37,428
Dec 19942,18843515.03$32,886
Nov 19947106815.90$11,289
Oct 19940015.58$0
Sep 19940015.29$0
Aug 19942216.13$32
Jul 19940117.56$0
Jun 199436013717.09$6,152
May 199434518115.88$5,479
Apr 199436111714.14$5,105
Mar 199453921012.46$6,716
Feb 199436029112.50$4,500
Jan 199473251512.66$9,267
Dec 199317939012.33$2,207
Nov 1993708114.49$10,259
Oct 1993523115.85$8,290
Sep 1993693115.03$10,416
Aug 1993512115.66$8,018
Jul 1993518115.46$8,008
Jun 1993856116.79$14,372
May 1993525117.68$9,282
Apr 19937001118.05$12,635
Mar 1993859118.14$15,582
Feb 19937144917.90$12,781
Jan 19931,06617516.93$18,047

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 2020 — as filed, then multipliedworked
Oil                    0 bbl  × $ 49.88 =         $0
Casinghead gas         2 Mcf  × $  1.98 =         $4

────────────────────────────────────────────────────
Month total                                       $4

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/20980 is the state's own key, not one this site invented.