MUCHER, J. ET AL

Operated by CHESAPEAKE OPERATING, INC. (P-5 147715) in the ARROWHEAD RANCH (VKS 12600 FB-2) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 102372District 04Field 03903500NGPA filingCondensateGasSaveExport
Value, all time
$1.7 M
Jan 1993 – Nov 2012
Value, last 12 filed months
$0
at the published price for each month
Months reported
239
no gaps in the span
Streams
2
condensate, 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 1 leases and 1 wells, and the rule below applies to all of them.

Discovered
1982-05-13
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

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.

StreamBasisVolumeValue
CondensateDisposition5,420 bbl$304,405
GasProduction219,152 Mcf$1,390,076
Total$1,694,482

26,963 Mcf of this lease's gas, across 47 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 26.5452, -98.4278. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.54524, -98.42781 · 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
15,200 ft
1 wells filed one
Completion to plug
7.7 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 15,200 ft.

Completions filed
Mar 2005
1 of 1 wells
Plug dates filed
Nov 2012
1 of 1 wells

Last completion to plug: a median of 7.7 years across the 1 well that filed both dates, with the middle half between 7.7 years and 7.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-21531186115,200 ftMar 2005Nov 2012Yes

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 (239)

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

239 months

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 20090435.865.37$21
Dec 200801337.105.98$78
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 2008016101.767.88$126
Aug 20081853114.228.48$2,506
Jul 20085377131.0811.39$4,949
Jun 2008471,391131.3313.03$24,301
May 2008331,758123.1711.57$24,412
Apr 2008101,223110.3110.45$13,889
Mar 2008541,695101.909.66$21,883
Feb 2008311,03092.538.77$11,902
Jan 2008291,43190.388.21$14,363
Dec 2007301,62788.337.30$14,530
Nov 2007431,18991.677.29$12,612
Oct 2007601,33782.856.92$14,226
Sep 20071051,49175.846.24$17,273
Aug 200702,77769.066.39$17,739
Jul 20071402,16770.906.39$23,769
Jun 2007921,75162.007.55$18,921
May 20071312,17558.747.85$24,761
Apr 20071342,42159.617.81$26,884
Mar 2007522,55256.927.30$21,594
Feb 2007292,43655.108.22$21,612
Jan 2007732,63550.306.73$21,397
Dec 2006483,14156.656.92$24,450
Nov 2006592,42854.207.62$21,693
Oct 2006603,28654.906.01$23,055
Sep 2006582,72060.085.04$17,186
Aug 2006702,59968.717.34$23,886
Jul 2006573,02369.376.34$23,128
Jun 2006572,88866.286.38$22,215
May 2006793,43366.016.42$27,272
Apr 2006693,56164.397.36$30,654
Mar 20061024,39956.707.08$36,941
Feb 2006623,45657.597.75$30,358
Jan 20061904,45160.598.93$51,274
Dec 20052774,80254.9413.42$79,639
Nov 20053014,28654.6910.59$61,844
Oct 20054895,18458.3413.80$100,045
Sep 20051203,97061.4512.08$55,328
Aug 20051355,92561.519.80$66,350
Jul 20051236,90255.697.84$60,987
Jun 20051558,99352.337.38$74,489
May 200541811,76845.226.65$97,173
Apr 200557816,30749.207.36$148,465
Mar 200525611,20350.377.15$93,051
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 200407042.375.55$389
Jul 2004023938.286.08$1,454
Jun 2004021936.106.43$1,409
May 2004018337.486.49$1,189
Apr 20041941234.475.86$3,069
Mar 2004040434.365.53$2,234
Feb 2004035332.455.51$1,945
Jan 2004021732.036.30$1,367
Dec 2003032330.266.30$2,035
Nov 2003044928.804.60$2,063
Oct 2003029328.174.76$1,395
Sep 2003048326.314.75$2,294
Aug 2003048629.765.13$2,493
Jul 2003054929.415.17$2,839
Jun 2003655428.565.98$3,486
May 2003060526.595.97$3,613
Apr 2003059526.675.41$3,217
Mar 2003060931.146.10$3,712
Feb 2003062233.487.93$4,930
Jan 20032760230.315.58$4,179
Dec 2002038926.914.85$1,888
Nov 20020524.664.14$21
Oct 2002041026.464.23$1,734
Sep 20023938327.443.64$2,462
Aug 2002643925.963.16$1,785
Jul 2002047224.583.06$1,445
Jun 2002048023.733.34$1,602
May 2002047624.663.58$1,706
Apr 2002041823.653.51$1,468
Mar 20021951722.003.10$2,022
Feb 2002047318.222.38$1,124
Jan 2002048517.172.38$1,152
Dec 20015549116.932.36$2,092
Nov 2001042718.072.41$1,027
Oct 2001054319.782.53$1,373
Sep 2001043124.262.25$970
Aug 20015158224.873.05$3,045
Jul 2001067223.933.20$2,148
Jun 2001065024.563.82$2,486
May 2001037325.524.31$1,607
Apr 20012886024.685.34$5,279
Mar 2001064424.545.38$3,462
Feb 2001065027.755.77$3,749
Jan 200171,28927.478.40$11,018
Dec 2000060326.889.12$5,501
Nov 2000060632.215.66$3,429
Oct 2000447831.235.15$2,584
Sep 2000051631.875.19$2,676
Aug 2000461029.644.54$2,888
Jul 2000057828.534.09$2,364
Jun 2000049529.304.40$2,177
May 20001255427.263.68$2,366
Apr 2000948324.513.12$1,726
Mar 2000048628.422.86$1,390
Feb 2000016027.622.73$436
Jan 200010333425.272.48$3,431
Dec 1999010824.282.42$262
Nov 19999429123.192.43$2,888
Oct 1999028220.982.80$791
Sep 1999031321.752.62$820
Aug 1999036419.262.88$1,047
Jul 1999042517.892.37$1,008
Jun 1999036415.942.36$860
May 1999045515.792.32$1,056
Apr 1999036115.102.21$797
Mar 1999041512.471.84$763
Feb 199903659.981.82$663
Jan 1999043910.381.90$834
Dec 199804119.201.77$729
Nov 1998034710.892.19$758
Oct 1998041112.421.97$809
Sep 1998044712.592.08$931
Aug 1998046611.301.91$889
Jul 1998040911.742.24$915
Jun 1998040611.242.24$908
May 1998031512.622.21$695
Apr 1998033013.042.51$827
Mar 1998046612.802.31$1,076
Feb 1998038013.952.30$874
Jan 1998048214.702.15$1,039
Dec 1997049816.322.41$1,201
Nov 1997051418.193.09$1,587
Oct 1997039419.253.15$1,241
Sep 1997039117.742.95$1,155
Aug 1997026217.862.55$669
Jul 1997034817.582.25$782
Jun 1997037517.242.26$846
May 1997040218.972.31$928
Apr 1997033117.882.08$689
Mar 19970018.951.94$0
Feb 1997048220.492.21$1,063
Jan 1997053723.483.54$1,901
Dec 1996066823.32$0
Nov 1996053021.97$0
Oct 1996056323.31$0
Sep 1996061022.22$0
Aug 1996061520.26$0
Jul 1996050819.55$0
Jun 1996054418.73$0
May 1996069219.43$0
Apr 1996043721.51$0
Mar 1996036119.38$0
Feb 1996046516.98$0
Jan 1996052817.07$0
Dec 1995044717.19$0
Nov 1995039216.00$0
Oct 1995048115.43$0
Sep 1995047016.18$0
Aug 1995045315.92$0
Jul 1995045615.24$0
Jun 1995045716.41$0
May 1995052917.56$0
Apr 1995052517.73$0
Mar 1995055916.44$0
Feb 1995074916.58$0
Jan 1995047515.92$0
Dec 1994052815.03$0
Nov 1994061915.90$0
Oct 1994071715.58$0
Sep 1994058915.29$0
Aug 1994066516.13$0
Jul 1994062017.56$0
Jun 1994067417.09$0
May 19940015.88$0
Apr 1994072214.14$0
Mar 1994091812.46$0
Feb 1994045812.50$0
Jan 1994035112.66$0
Dec 1993024012.33$0
Nov 1993034814.49$0
Oct 1993076315.85$0
Sep 1993070915.03$0
Aug 1993081815.66$0
Jul 1993066515.46$0
Jun 1993055316.79$0
May 1993074417.68$0
Apr 1993078118.05$0
Mar 1993055218.14$0
Feb 1993053717.90$0
Jan 1993087816.93$0

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.

Jan 2009 — as filed, then multipliedworked
Condensate             0 bbl  × $ 35.86 =         $0
Gas                    4 Mcf  × $  5.37 =        $21

────────────────────────────────────────────────────
Month total                                      $21

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. 04/G/102372 is the state's own key, not one this site invented.