KOVAR 'A'

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

Oil lease lease 26674District 03Field 34733610OilCasinghead gasSaveExport
Value, all time
$3.4 M
Nov 2014 – May 2021
Value, last 12 filed months
$0
at the published price for each month
Months reported
79
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 414 leases and 555 wells, and the rule below applies to all of them.

Discovered
1981-07-25
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2013-09-24.

The Commission's schedule remark for this field reads: FIELD. ORDER SIGNED: 04/12/16

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
OilDisposition52,457 bbl$2,403,153
Casinghead gasProduction329,389 Mcf$975,735
Total$3,378,888

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 30.4514, -96.4306. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.45140, -96.43064 · 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
0.0%
0 of 1 wells
Median depth
10,219 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 10,219 ft.

Completions filed
Feb 2018
1 of 1 wells

1 well

42-051338311H10,219 ftFeb 2018Yes

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 (79)

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

79 months

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 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
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 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 2018182061.782.77$11,244
Jan 20185593,73062.874.01$50,099
Dec 20173754,05757.272.92$33,329
Nov 20177057,22455.423.12$61,598
Oct 20176995,30349.292.98$50,276
Sep 20173643,20347.523.09$27,186
Aug 20175462,50145.373.00$32,286
Jul 20175403,45843.873.09$34,366
Jun 20176993,38142.493.09$40,139
May 2017702045.373.26$31,850
Apr 20177303,91647.933.21$47,566
Mar 20176835,14546.772.98$47,295
Feb 20173491,78050.452.95$22,863
Jan 20178993,54449.413.42$56,536
Dec 2016542048.763.72$26,428
Nov 20167333,86242.492.64$41,358
Oct 20168792,75046.193.09$49,099
Sep 20168953,21141.553.10$47,143
Aug 20168763,44041.442.92$46,361
Jul 20168773,86541.622.92$47,803
Jun 20161,0933,84145.352.69$59,884
May 20161,0474,40642.521.99$53,291
Apr 20161,0924,56536.561.99$49,013
Mar 20161,0484,97333.011.79$43,516
Feb 20161,1014,10526.472.06$37,615
Jan 20161,4565,48027.352.36$52,778
Dec 20151,3126,66632.362.00$55,798
Nov 20151,4227,06438.792.17$70,469
Oct 20151,4537,23943.552.43$80,844
Sep 20151,6539,18842.992.76$96,407
Aug 20151,62111,10040.162.87$96,984
Jul 20151,98214,09748.152.95$136,950
Jun 20151,82615,09056.152.88$146,032
May 20152,40118,12555.212.96$186,127
Apr 20152,58620,37449.822.71$183,978
Mar 20153,10126,49042.892.93$210,742
Feb 20153,59730,34644.662.98$250,957
Jan 20154,99034,42843.433.10$323,464
Dec 20143,05519,64254.693.59$237,619
Nov 20141,78717,80070.464.25$201,595

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 2018 — as filed, then multipliedworked
Oil                  182 bbl  × $ 61.78 =    $11,244
Casinghead gas         0 Mcf  × $  2.77 =         $0

────────────────────────────────────────────────────
Month total                                  $11,244

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/26674 is the state's own key, not one this site invented.