CAVAZOS

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

Gas lease lease 182216District 04Field 289704752 tax incentive programmesCondensateGasSaveExport
Value, all time
$86.9 M
Mar 2001 – Nov 2012
Value, last 12 filed months
$0
at the published price for each month
Months reported
141
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 14 leases and 14 wells, and the rule below applies to all of them.

Discovered
1999-08-13
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

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 07/01/2000.

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
High Cost Gas112006-10-19169122
NGPA3none

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
CondensateDisposition471 bbl$16,022
GasProduction17,039,850 Mcf$86,887,368
Total$86,903,390

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 26.8904, -99.0498. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.89039, -99.04984 · 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
13,114 ft
1 wells filed one
Completion to plug
11.7 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 13,114 ft.

Completions filed
Mar 2001
1 of 1 wells
Plug dates filed
Nov 2012
1 of 1 wells

Last completion to plug: a median of 11.7 years across the 1 well that filed both dates, with the middle half between 11.7 years and 11.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-50534263213,114 ftMar 2001Nov 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 (141)

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

141 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 201002185.734.35$91
Nov 201006180.843.80$232
Oct 201006278.103.51$218
Sep 201007272.633.98$287
Aug 201007073.684.42$309
Jul 201007172.554.74$336
Jun 2010011870.364.91$579
May 201006971.124.24$292
Apr 2010014081.694.12$577
Mar 2010014278.394.39$623
Feb 2010014373.585.44$778
Jan 2010014174.365.96$841
Dec 200908371.445.48$455
Nov 2009011574.593.75$431
Oct 200906572.544.11$267
Sep 2009012365.543.06$377
Aug 2009016067.423.22$515
Jul 2009012061.133.46$416
Jun 2009015266.163.90$592
May 2009011154.743.93$436
Apr 2009012046.773.59$431
Mar 200903342.144.06$134
Feb 20090032.814.63$0
Jan 2009015735.865.37$843
Dec 2008019837.105.98$1,183
Nov 2008023855.496.86$1,633
Oct 2008028475.246.92$1,966
Sep 200807,403101.767.88$58,314
Aug 2008026,440114.228.48$224,291
Jul 2008029,214131.0811.39$332,731
Jun 2008031,755131.3313.03$413,851
May 2008035,585123.1711.57$411,871
Apr 2008036,410110.3110.45$380,661
Mar 2008039,960101.909.66$386,176
Feb 2008038,91292.538.77$341,281
Jan 2008044,35090.388.21$363,924
Dec 2007046,40288.337.30$338,826
Nov 2007047,66091.677.29$347,522
Oct 2007051,21882.856.92$354,530
Sep 2007052,59975.846.24$328,437
Aug 2007057,43369.066.39$366,879
Jul 2007060,00770.906.39$383,321
Jun 2007057,67862.007.55$435,380
May 2007062,11058.747.85$487,332
Apr 2007064,97159.617.81$507,112
Mar 2007070,82156.927.30$517,133
Feb 2007064,81855.108.22$532,545
Jan 2007075,37850.306.73$507,057
Dec 2006079,61856.656.92$550,832
Nov 2006075,19354.207.62$572,781
Oct 2006075,71554.906.01$455,335
Sep 2006084,68560.085.04$426,575
Aug 2006089,72868.717.34$658,596
Jul 2006099,25669.376.34$629,557
Jun 20060101,71466.286.38$649,330
May 20060106,54266.016.42$684,532
Apr 2006085,51864.397.36$629,454
Mar 20060111,84656.707.08$792,196
Feb 20060108,53557.597.75$841,268
Jan 20060124,61160.598.93$1,113,190
Dec 20050124,27354.9413.42$1,667,172
Nov 20050123,33954.6910.59$1,305,963
Oct 20050138,22158.3413.80$1,906,864
Sep 20050136,25461.4512.08$1,645,812
Aug 20050141,02961.519.80$1,381,639
Jul 20050147,37455.697.84$1,155,949
Jun 20050159,36352.337.38$1,176,265
May 20050176,63545.226.65$1,174,828
Apr 20050165,86849.207.36$1,220,868
Mar 20050178,03950.377.15$1,273,848
Feb 20050155,33945.226.31$980,487
Jan 20050194,48143.166.32$1,229,548
Dec 200445209,67339.866.75$1,417,313
Nov 200443199,19745.286.33$1,262,948
Oct 200433190,96649.706.52$1,245,803
Sep 200430175,25443.245.28$927,322
Aug 20040141,94642.375.55$787,894
Jul 20042086,03838.286.08$524,236
Jun 2004684,89236.106.43$546,329
May 2004288,85037.486.49$577,118
Apr 20042097,16634.475.86$569,933
Mar 20040113,19034.365.53$625,957
Feb 20040117,13232.455.51$645,353
Jan 20040143,01732.036.30$900,956
Dec 20030153,71430.266.30$968,650
Nov 20030160,92928.804.60$739,495
Oct 20030170,01028.174.76$809,186
Sep 20030174,97026.314.75$830,996
Aug 20030195,75229.765.13$1,004,153
Jul 20033209,58129.415.17$1,083,798
Jun 200312215,12328.565.98$1,287,415
May 20030237,31326.595.97$1,417,395
Apr 20038238,14226.675.41$1,287,914
Mar 200330262,92831.146.10$1,603,754
Feb 200317253,82933.487.93$2,012,387
Jan 200360297,39730.315.58$1,661,901
Dec 200232227,75526.914.85$1,106,329
Nov 20020294,04624.664.14$1,216,457
Oct 20020280,87126.464.23$1,187,837
Sep 200225299,30127.443.64$1,088,705
Aug 200220328,39225.963.16$1,039,604
Jul 200216355,16924.583.06$1,087,836
Jun 200233352,99823.733.34$1,179,175
May 20020382,07324.663.58$1,369,350
Apr 20020377,93123.653.51$1,327,415
Mar 20020413,03622.003.10$1,281,535
Feb 20020396,21618.222.38$941,282
Jan 20020466,02517.172.38$1,107,126
Dec 20010510,16816.932.36$1,206,241
Nov 20010325,86618.072.41$783,877
Oct 20010019.782.53$0
Sep 200116556,61224.262.25$1,253,500
Aug 20010635,66724.873.05$1,940,793
Jul 20010683,05623.933.20$2,183,785
Jun 20010658,23524.563.82$2,517,196
May 20010685,75225.524.31$2,953,753
Apr 20010565,75424.685.34$3,018,479
Mar 2001040,54924.545.38$218,009

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.

Dec 2010 — as filed, then multipliedworked
Condensate             0 bbl  × $ 85.73 =         $0
Gas                   21 Mcf  × $  4.35 =        $91

────────────────────────────────────────────────────
Month total                                      $91

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/182216 is the state's own key, not one this site invented.