D.C.R.C.

Name: D.C.R.C. lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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

Gas lease lease 142523District 04Field 709436252 tax incentive programmesCondensateGasSave Export

Value, all time

$440 k

Jan 1993 – Aug 2006

Value, last 12 filed months

$60 k

at the published price for each month

Months reported

164

no gaps in the span

Streams

condensate, gas

The PETROX (LOWER WILCOX CONS.) field

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 10 leases and 10 wells, and the rule below applies to all of them.

Discovered

2005-05-10

as the register files it

Field class

Gas

the register's own label

Between wells

933 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 2005-05-10.

The Commission's schedule remark for this field reads: “ALLOCATION FORMULA EFFECTIVE 08/01/2005.”

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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	1992-12-02	126306
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	5,399 bbl	$106,873
Gas	Production	175,580 Mcf	$333,150
Total			$440,023

97,741 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 27.9909, -98.6058. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.99088, -98.60583 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

10,357 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 10,357 ft.

Completions filed

Nov 2005

1 of 1 wells

1 well


42-13137325	1201	10,357 ft	Nov 2005	—	Yes

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 (164)

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

164 months


Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	41	0	57.59	7.75	$2,361
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	869	54.69	10.59	$9,201
Oct 2005	5	2,439	58.34	13.80	$33,940
Sep 2005	0	1,228	61.45	12.08	$14,833
Aug 2005	0	1,100	61.51	9.80	$10,777
Jul 2005	0	374	55.69	7.84	$2,934
Jun 2005	0	215	52.33	7.38	$1,587
May 2005	0	0	45.22	6.65	$0
Apr 2005	0	209	49.20	7.36	$1,538
Mar 2005	0	260	50.37	7.15	$1,860
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	52	386	39.86	6.75	$4,679
Nov 2004	0	392	45.28	6.33	$2,482
Oct 2004	0	489	49.70	6.52	$3,186
Sep 2004	37	419	43.24	5.28	$3,814
Aug 2004	0	702	42.37	5.55	$3,897
Jul 2004	0	378	38.28	6.08	$2,300
Jun 2004	0	360	36.10	6.43	$2,316
May 2004	30	458	37.48	6.49	$4,099
Apr 2004	29	490	34.47	5.86	$3,870
Mar 2004	13	481	34.36	5.53	$3,107
Feb 2004	58	580	32.45	5.51	$5,078
Jan 2004	20	348	32.03	6.30	$2,833
Dec 2003	38	405	30.26	6.30	$3,702
Nov 2003	37	488	28.80	4.60	$3,308
Oct 2003	21	509	28.17	4.76	$3,014
Sep 2003	18	411	26.31	4.75	$2,426
Aug 2003	96	449	29.76	5.13	$5,160
Jul 2003	65	485	29.41	5.17	$4,420
Jun 2003	0	152	28.56	5.98	$909
May 2003	108	281	26.59	5.97	$4,550
Apr 2003	85	638	26.67	5.41	$5,717
Mar 2003	247	762	31.14	6.10	$12,337
Feb 2003	72	323	33.48	7.93	$4,971
Jan 2003	75	704	30.31	5.58	$6,203
Dec 2002	0	687	26.91	4.85	$3,335
Nov 2002	4	501	24.66	4.14	$2,171
Oct 2002	4	50	26.46	4.23	$317
Sep 2002	9	675	27.44	3.64	$2,701
Aug 2002	23	846	25.96	3.16	$3,274
Jul 2002	29	769	24.58	3.06	$3,067
Jun 2002	160	793	23.73	3.34	$6,444
May 2002	144	854	24.66	3.58	$6,612
Apr 2002	94	889	23.65	3.51	$5,346
Mar 2002	0	949	22.00	3.10	$2,944
Feb 2002	0	799	18.22	2.38	$1,898
Jan 2002	0	877	17.17	2.38	$2,083
Dec 2001	0	913	16.93	2.36	$2,159
Nov 2001	0	918	18.07	2.41	$2,208
Oct 2001	0	911	19.78	2.53	$2,304
Sep 2001	0	897	24.26	2.25	$2,019
Aug 2001	0	1,079	24.87	3.05	$3,294
Jul 2001	0	1,076	23.93	3.20	$3,440
Jun 2001	0	929	24.56	3.82	$3,553
May 2001	0	942	25.52	4.31	$4,058
Apr 2001	0	933	24.68	5.34	$4,978
Mar 2001	0	840	24.54	5.38	$4,516
Feb 2001	0	951	27.75	5.77	$5,484
Jan 2001	34	964	27.47	8.40	$9,030
Dec 2000	0	1,100	26.88	9.12	$10,035
Nov 2000	0	0	32.21	5.66	$0
Oct 2000	0	832	31.23	5.15	$4,281
Sep 2000	0	724	31.87	5.19	$3,755
Aug 2000	0	1,125	29.64	4.54	$5,108
Jul 2000	0	1,132	28.53	4.09	$4,630
Jun 2000	0	1,164	29.30	4.40	$5,118
May 2000	0	1,257	27.26	3.68	$4,625
Apr 2000	0	1,146	24.51	3.12	$3,571
Mar 2000	0	765	28.42	2.86	$2,188
Feb 2000	0	1,140	27.62	2.73	$3,108
Jan 2000	0	729	25.27	2.48	$1,808
Dec 1999	0	1,818	24.28	2.42	$4,406
Nov 1999	0	0	23.19	2.43	$0
Oct 1999	0	0	20.98	2.80	$0
Sep 1999	0	681	21.75	2.62	$1,783
Aug 1999	0	0	19.26	2.88	$0
Jul 1999	0	429	17.89	2.37	$1,018
Jun 1999	0	699	15.94	2.36	$1,651
May 1999	0	731	15.79	2.32	$1,697
Apr 1999	0	739	15.10	2.21	$1,632
Mar 1999	0	1,014	12.47	1.84	$1,864
Feb 1999	0	352	9.98	1.82	$640
Jan 1999	0	302	10.38	1.90	$574
Dec 1998	0	419	9.20	1.77	$743
Nov 1998	0	1,757	10.89	2.19	$3,840
Oct 1998	0	319	12.42	1.97	$628
Sep 1998	0	814	12.59	2.08	$1,695
Aug 1998	180	90	11.30	1.91	$2,206
Jul 1998	177	212	11.74	2.24	$2,552
Jun 1998	167	947	11.24	2.24	$3,996
May 1998	0	995	12.62	2.21	$2,195
Apr 1998	179	1,068	13.04	2.51	$5,010
Mar 1998	0	1,095	12.80	2.31	$2,529
Feb 1998	173	1,140	13.95	2.30	$5,034
Jan 1998	183	1,277	14.70	2.15	$5,442
Dec 1997	177	1,225	16.32	2.41	$5,842
Nov 1997	0	1,230	18.19	3.09	$3,799
Oct 1997	0	1,271	19.25	3.15	$4,003
Sep 1997	178	1,089	17.74	2.95	$6,376
Aug 1997	0	1,566	17.86	2.55	$4,001
Jul 1997	0	962	17.58	2.25	$2,162
Jun 1997	0	0	17.24	2.26	$0
May 1997	0	845	18.97	2.31	$1,951
Apr 1997	180	924	17.88	2.08	$5,143
Mar 1997	0	736	18.95	1.94	$1,427
Feb 1997	0	929	20.49	2.21	$2,049
Jan 1997	0	1,224	23.48	3.54	$4,333
Dec 1996	0	1,031	23.32	—	$0
Nov 1996	0	1,069	21.97	—	$0
Oct 1996	0	1,009	23.31	—	$0
Sep 1996	0	1,059	22.22	—	$0
Aug 1996	0	613	20.26	—	$0
Jul 1996	0	756	19.55	—	$0
Jun 1996	0	785	18.73	—	$0
May 1996	156	767	19.43	—	$3,031
Apr 1996	0	1,056	21.51	—	$0
Mar 1996	0	1,181	19.38	—	$0
Feb 1996	0	969	16.98	—	$0
Jan 1996	0	823	17.07	—	$0
Dec 1995	0	937	17.19	—	$0
Nov 1995	0	728	16.00	—	$0
Oct 1995	0	786	15.43	—	$0
Sep 1995	176	770	16.18	—	$2,848
Aug 1995	0	769	15.92	—	$0
Jul 1995	0	1,164	15.24	—	$0
Jun 1995	0	1,187	16.41	—	$0
May 1995	0	1,019	17.56	—	$0
Apr 1995	0	757	17.73	—	$0
Mar 1995	169	1,153	16.44	—	$2,778
Feb 1995	0	1,144	16.58	—	$0
Jan 1995	0	1,142	15.92	—	$0
Dec 1994	0	1,351	15.03	—	$0
Nov 1994	173	1,188	15.90	—	$2,751
Oct 1994	0	1,723	15.58	—	$0
Sep 1994	56	2,164	15.29	—	$856
Aug 1994	0	2,310	16.13	—	$0
Jul 1994	0	1,983	17.56	—	$0
Jun 1994	17	2,080	17.09	—	$291
May 1994	17	2,192	15.88	—	$270
Apr 1994	0	2,212	14.14	—	$0
Mar 1994	118	2,456	12.46	—	$1,470
Feb 1994	0	2,270	12.50	—	$0
Jan 1994	120	2,793	12.66	—	$1,519
Dec 1993	122	3,341	12.33	—	$1,504
Nov 1993	0	3,111	14.49	—	$0
Oct 1993	122	3,229	15.85	—	$1,934
Sep 1993	92	3,159	15.03	—	$1,383
Aug 1993	0	3,460	15.66	—	$0
Jul 1993	82	3,595	15.46	—	$1,268
Jun 1993	86	3,681	16.79	—	$1,444
May 1993	178	4,293	17.68	—	$3,147
Apr 1993	174	4,609	18.05	—	$3,141
Mar 1993	124	5,290	18.14	—	$2,249
Feb 1993	90	5,354	17.90	—	$1,611
Jan 1993	85	7,223	16.93	—	$1,439

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 2006 — as filed, then multipliedworked

Condensate            41 bbl  × $ 57.59 =     $2,361
Gas                    0 Mcf  × $  7.75 =         $0

────────────────────────────────────────────────────
Month total                                   $2,361

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/142523 is the state's own key, not one this site invented.