JENNINGS RANCH

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

Gas lease lease 113492District 04Field 46216403NGPA filingCondensateGasSaveExport
Value, all time
$79 k
Jan 1993 – May 2007
Value, last 12 filed months
$0
at the published price for each month
Months reported
173
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 246 leases and 246 wells, and the rule below applies to all of them.

Discovered
1998-09-22
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 2010-11-02.

The Commission's schedule remark for this field reads: PERMITTED/DRILLED/COMPLETED ON THE SAME LEASE.

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
CondensateDisposition125 bbl$2,203
GasProduction113,108 Mcf$77,092
Total$79,295

80,521 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 27.1263, -99.2007. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.12634, -99.20073 · 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
10,320 ft
1 wells filed one
Completion to plug
22.7 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 10,320 ft.

Completions filed
Sep 1984
1 of 1 wells
Plug dates filed
May 2007
1 of 1 wells

Last completion to plug: a median of 22.7 years across the 1 well that filed both dates, with the middle half between 22.7 years and 22.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-50531106110,320 ftSep 1984May 2007Yes

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 (173)

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

173 months

May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
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 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990312.471.84$6
Feb 199906699.981.82$1,216
Jan 199901,23410.381.90$2,345
Dec 199804129.201.77$731
Nov 1998078510.892.19$1,716
Oct 199807812.421.97$154
Sep 199801,16912.592.08$2,435
Aug 199801,50111.301.91$2,863
Jul 199801,70411.742.24$3,812
Jun 1998071411.242.24$1,597
May 199801,81412.622.21$4,002
Apr 199801,18613.042.51$2,971
Mar 199801,06312.802.31$2,455
Feb 1998095013.952.30$2,184
Jan 199801,84414.702.15$3,973
Dec 1997093816.322.41$2,262
Nov 199701,74118.193.09$5,377
Oct 199701,67819.253.15$5,285
Sep 1997094517.742.95$2,792
Aug 199701,75217.862.55$4,476
Jul 199701,68817.582.25$3,793
Jun 1997099617.242.26$2,248
May 199781,40318.972.31$3,391
Apr 199701,82517.882.08$3,801
Mar 199752,14218.951.94$4,248
Feb 1997484220.492.21$1,939
Jan 199701,51123.483.54$5,348
Dec 199633,02323.32$70
Nov 199633,20621.97$66
Oct 1996050123.31$0
Sep 19960022.22$0
Aug 199621,01820.26$41
Jul 199662,23119.55$117
Jun 1996020018.73$0
May 199632,22519.43$58
Apr 199621,39321.51$43
Mar 199641,90719.38$78
Feb 1996192716.98$17
Jan 199602,12717.07$0
Dec 199521,79317.19$34
Nov 199511,02016.00$16
Oct 199502,00115.43$0
Sep 199511,80716.18$16
Aug 199502,62015.92$0
Jul 199551,88015.24$76
Jun 199541,53616.41$66
May 1995297117.56$35
Apr 199501,72617.73$0
Mar 199542,00016.44$66
Feb 199542,68116.58$66
Jan 199501,18315.92$0
Dec 199421,91615.03$30
Nov 199412,36815.90$16
Oct 199402,42515.58$0
Sep 199401,49415.29$0
Aug 199401,53416.13$0
Jul 199422,20017.56$35
Jun 199411,22717.09$17
May 199401,62815.88$0
Apr 199401,08314.14$0
Mar 199401,42612.46$0
Feb 199401,49412.50$0
Jan 199481,43512.66$101
Dec 199321,38912.33$25
Nov 199331,46014.49$43
Oct 199342,05715.85$63
Sep 199301,65215.03$0
Aug 199301,51815.66$0
Jul 199301,95015.46$0
Jun 199301,34816.79$0
May 199342,20017.68$71
Apr 199321,88518.05$36
Mar 199352,10618.14$91
Feb 1993251,45017.90$448
Jan 199321,30016.93$34

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.

Mar 1999 — as filed, then multipliedworked
Condensate             0 bbl  × $ 12.47 =         $0
Gas                    3 Mcf  × $  1.84 =         $6

────────────────────────────────────────────────────
Month total                                       $6

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/113492 is the state's own key, not one this site invented.