CHAPMAN

Operated by VENTEX OPERATING CORP. (P-5 884527) in the ARNOLD-DAVID (ANOMALINA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 194234District 04Field 03776003CondensateGasSave
Value, all time
$13.5 M
Apr 2003 – Aug 2013
Value, last 12 filed months
$23 k
at the published price for each month
Months reported
125
no gaps in the span
Streams
2
condensate, gas

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
CondensateDisposition27,115 bbl$1,586,952
GasProduction1,723,545 Mcf$11,952,223
Total$13,539,175

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 27.5718, -97.5788. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.57181, -97.57880 · 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
12,100 ft
1 wells filed one
Completion to plug
9.8 years
median over 1 wells

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 12,100 ft.

Completions filed
Apr 2003
1 of 1 wells
Plug dates filed
Feb 2013
1 of 1 wells

Last completion to plug: a median of 9.8 years across the 1 well that filed both dates, with the middle half between 9.8 years and 9.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-35533522111312,100 ftApr 2003Feb 2013Yes

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 (125)

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

125 months

Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 201380093.623.91$7,490
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 2012182086.953.62$15,825
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 201202085.133.02$60
Jun 20120279.822.52$5
May 20120391.612.49$7
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 2012093298.092.73$2,548
Dec 201103,59996.873.24$11,660
Nov 201105,82095.723.31$19,272
Oct 201105,90684.983.65$21,548
Sep 201105,74883.623.99$22,910
Aug 20111847,54883.404.15$46,665
Jul 201101,19194.144.52$5,380
Jun 20111914,76392.904.64$39,844
May 2011010,60498.134.40$46,709
Apr 201136314,316105.964.33$100,499
Mar 201136622,16396.364.06$125,191
Feb 201155215885.644.18$47,934
Jan 2011011,70286.504.59$53,698
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 201005,24078.103.51$18,387
Sep 2010907,48772.633.98$36,331
Aug 2010518,14773.684.42$39,762
Jul 20101758,37572.554.74$52,364
Jun 201008,14870.364.91$40,010
May 20101738,63871.124.24$48,888
Apr 201008,52081.694.12$35,125
Mar 20101798,75678.394.39$52,459
Feb 201008,21373.585.44$44,698
Jan 201006,69674.365.96$39,936
Dec 200917910,00071.445.48$67,625
Nov 2009011,20874.593.75$42,047
Oct 2009012,33172.544.11$50,683
Sep 2009012,88465.543.06$39,486
Aug 200917514,14567.423.22$57,324
Jul 2009014,87661.133.46$51,538
Jun 2009014,87566.163.90$57,938
May 200916816,06254.743.93$72,252
Apr 200919316,47646.773.59$68,134
Mar 200917818,48842.144.06$82,544
Feb 2009017,34532.814.63$80,359
Jan 2009020,81835.865.37$111,813
Dec 200818121,44937.105.98$134,919
Nov 200818124,45355.496.86$177,800
Oct 200818625,65575.246.92$191,578
Sep 200835812,658101.767.88$136,138
Aug 200817716,849114.228.48$163,147
Jul 2008027,045131.0811.39$308,027
Jun 200817729,095131.3313.03$402,430
May 200819335,325123.1711.57$432,634
Apr 200835939,704110.3110.45$454,701
Mar 200834945,338101.909.66$473,713
Feb 200836145,45192.538.77$432,035
Jan 200836253,89290.388.21$474,941
Dec 200752557,21188.337.30$464,126
Nov 200752959,83191.677.29$484,763
Oct 200773566,52082.856.92$521,345
Sep 200754766,95675.846.24$459,568
Aug 200773471,24869.066.39$505,818
Jul 200772474,44770.906.39$526,895
Jun 20071,09673,50562.007.55$622,801
May 200791482,35458.747.85$699,861
Apr 20071,28493,49359.617.81$806,271
Mar 20071,10576,93956.927.30$624,703
Feb 200773761,43455.108.22$545,350
Jan 200701,77450.306.73$11,933
Dec 200618568256.656.92$15,199
Nov 200601,07854.207.62$8,212
Oct 200601,38254.906.01$8,311
Sep 200601,34860.085.04$6,790
Aug 200601,29968.717.34$9,535
Jul 200601,12869.376.34$7,155
Jun 200601,21466.286.38$7,750
May 200601,64066.016.42$10,537
Apr 20061851,93064.397.36$26,118
Mar 200601,90556.707.08$13,493
Feb 200601,13857.597.75$8,821
Jan 20061841,43060.598.93$23,923
Dec 200501,66554.9413.42$22,337
Nov 20051781,59454.6910.59$26,613
Oct 200501,97758.3413.80$27,274
Sep 200502,16261.4512.08$26,115
Aug 20051822,74061.519.80$38,038
Jul 20051823,13555.697.84$34,725
Jun 20051773,44052.337.38$34,653
May 200504,14545.226.65$27,569
Apr 20053684,23849.207.36$49,299
Mar 20051836,25050.377.15$53,936
Feb 20051887,60045.226.31$56,472
Jan 20055248,46443.166.32$76,127
Dec 200493814,58639.866.75$135,860
Nov 20043799,51545.286.33$77,395
Oct 200401,88549.706.52$12,281
Sep 20041741,20443.245.28$13,886
Aug 20041861,58742.375.55$16,690
Jul 20041882,45638.286.08$22,139
Jun 20041883,25036.106.43$27,694
May 20041833,71737.486.49$30,999
Apr 20043744,47234.475.86$39,091
Mar 20041914,72134.365.53$32,671
Feb 20047144,85532.455.51$49,919
Jan 20041945,75232.036.30$42,449
Dec 20035788,57730.266.30$71,539
Nov 200375610,00328.804.60$67,738
Oct 20035865,72828.174.76$43,771
Sep 200378114,14526.314.75$87,728
Aug 20031,16219,96329.765.13$136,986
Jul 20031,71428,71629.415.17$198,895
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$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.

Mar 2013 — as filed, then multipliedworked
Condensate            80 bbl  × $ 93.62 =     $7,490
Gas                    0 Mcf  × $  3.91 =         $0

────────────────────────────────────────────────────
Month total                                   $7,490

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/194234 is the state's own key, not one this site invented.