RMT "A"

Name: RMT "A" lease production and value, Feb 2004 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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

Gas lease lease 199947District 04Field 298012532 tax incentive programmesCondensateGasSave Export

Value, all time

$5.9 M

Feb 2004 – Aug 2013

Value, last 12 filed months

$1 k

at the published price for each month

Months reported

115

no gaps in the span

Streams

condensate, gas

The EXSUN (LOBO 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 243 leases and 243 wells, and the rule below applies to all of them.

Discovered

2004-09-01

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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	2004-12-29	159061
NGPA	2	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	1,436 bbl	$62,841
Gas	Production	856,294 Mcf	$5,792,488
Total			$5,855,329

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 26.9586, -99.3063. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.95860, -99.30626 · 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

100.0%

1 of 1 wells

Median depth

10,344 ft

1 wells filed one

Completion to plug

4.9 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 10,344 ft.

Completions filed

Sep 2008

1 of 1 wells

Plug dates filed

Aug 2013

1 of 1 wells

Last completion to plug: a median of 4.9 years across the 1 well that filed both dates, with the middle half between 4.9 years and 4.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-50534879	1	10,344 ft	Sep 2008	Aug 2013	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 (115)

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

115 months


Aug 2013	0	0	104.25	3.52	$0
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	12	93.96	4.28	$51
Mar 2013	0	61	93.62	3.91	$239
Feb 2013	0	36	91.23	3.42	$123
Jan 2013	0	62	91.60	3.42	$212
Dec 2012	0	57	86.77	3.42	$195
Nov 2012	0	48	86.95	3.62	$174
Oct 2012	0	69	89.38	3.40	$235
Sep 2012	0	40	94.67	2.92	$117
Aug 2012	0	81	92.66	2.91	$236
Jul 2012	0	65	85.13	3.02	$196
Jun 2012	0	84	79.82	2.52	$212
May 2012	0	321	91.61	2.49	$799
Apr 2012	0	1,165	101.65	2.00	$2,326
Mar 2012	1	1,241	105.05	2.22	$2,863
Feb 2012	0	1,222	101.10	2.57	$3,141
Jan 2012	0	1,260	98.09	2.73	$3,445
Dec 2011	0	1,281	96.87	3.24	$4,150
Nov 2011	0	1,256	95.72	3.31	$4,159
Oct 2011	0	1,255	84.98	3.65	$4,579
Sep 2011	0	1,214	83.62	3.99	$4,839
Aug 2011	0	1,329	83.40	4.15	$5,514
Jul 2011	0	1,148	94.14	4.52	$5,186
Jun 2011	1	1,374	92.90	4.64	$6,468
May 2011	0	1,163	98.13	4.40	$5,123
Apr 2011	0	1,736	105.96	4.33	$7,523
Mar 2011	0	1,775	96.36	4.06	$7,202
Feb 2011	0	1,452	85.64	4.18	$6,069
Jan 2011	0	1,810	86.50	4.59	$8,306
Dec 2010	0	1,007	85.73	4.35	$4,378
Nov 2010	0	1,277	80.84	3.80	$4,847
Oct 2010	0	1,092	78.10	3.51	$3,832
Sep 2010	2	2,055	72.63	3.98	$8,323
Aug 2010	0	2,285	73.68	4.42	$10,098
Jul 2010	1	2,675	72.55	4.74	$12,743
Jun 2010	0	1,698	70.36	4.91	$8,338
May 2010	1	2,302	71.12	4.24	$9,821
Apr 2010	0	2,537	81.69	4.12	$10,459
Mar 2010	4	2,532	78.39	4.39	$11,426
Feb 2010	1	2,311	73.58	5.44	$12,651
Jan 2010	1	2,649	74.36	5.96	$15,873
Dec 2009	1	2,167	71.44	5.48	$11,955
Nov 2009	0	2,342	74.59	3.75	$8,786
Oct 2009	0	1,927	72.54	4.11	$7,920
Sep 2009	0	2,110	65.54	3.06	$6,467
Aug 2009	0	3,004	67.42	3.22	$9,668
Jul 2009	4	3,139	61.13	3.46	$11,120
Jun 2009	0	3,188	66.16	3.90	$12,417
May 2009	0	3,524	54.74	3.93	$13,834
Apr 2009	1	3,694	46.77	3.59	$13,299
Mar 2009	3	3,347	42.14	4.06	$13,712
Feb 2009	8	3,577	32.81	4.63	$16,835
Jan 2009	54	4,813	35.86	5.37	$27,787
Dec 2008	11	5,679	37.10	5.98	$34,352
Nov 2008	2	6,213	55.49	6.86	$42,734
Oct 2008	0	1,539	75.24	6.92	$10,653
Sep 2008	0	3,300	101.76	7.88	$25,994
Aug 2008	1	1,404	114.22	8.48	$12,024
Jul 2008	0	2,920	131.08	11.39	$33,257
Jun 2008	1	3,679	131.33	13.03	$48,078
May 2008	2	3,731	123.17	11.57	$43,430
Apr 2008	0	3,752	110.31	10.45	$39,227
Mar 2008	0	3,935	101.90	9.66	$38,028
Feb 2008	0	3,930	92.53	8.77	$34,468
Jan 2008	0	4,549	90.38	8.21	$37,328
Dec 2007	0	4,565	88.33	7.30	$33,333
Nov 2007	0	5,194	91.67	7.29	$37,873
Oct 2007	0	5,634	82.85	6.92	$38,998
Sep 2007	0	6,007	75.84	6.24	$37,509
Aug 2007	0	7,205	69.06	6.39	$46,025
Jul 2007	0	7,953	70.90	6.39	$50,803
Jun 2007	1	8,403	62.00	7.55	$63,492
May 2007	0	8,854	58.74	7.85	$69,471
Apr 2007	0	2,146	59.61	7.81	$16,750
Mar 2007	0	3,638	56.92	7.30	$26,565
Feb 2007	0	3,665	55.10	8.22	$30,112
Jan 2007	0	3,297	50.30	6.73	$22,178
Dec 2006	0	3,451	56.65	6.92	$23,876
Nov 2006	2	3,148	54.20	7.62	$24,088
Oct 2006	0	5,571	54.90	6.01	$33,503
Sep 2006	0	4,844	60.08	5.04	$24,400
Aug 2006	0	5,517	68.71	7.34	$40,494
Jul 2006	2	7,216	69.37	6.34	$45,908
Jun 2006	1	6,651	66.28	6.38	$42,525
May 2006	1	7,053	66.01	6.42	$45,382
Apr 2006	0	8,371	64.39	7.36	$61,615
Mar 2006	0	8,802	56.70	7.08	$62,344
Feb 2006	141	9,573	57.59	7.75	$82,322
Jan 2006	0	14,062	60.59	8.93	$125,620
Dec 2005	0	13,119	54.94	13.42	$175,997
Nov 2005	0	11,563	54.69	10.59	$122,434
Oct 2005	0	13,905	58.34	13.80	$191,830
Sep 2005	0	15,404	61.45	12.08	$186,065
Aug 2005	181	16,430	61.51	9.80	$172,095
Jul 2005	0	15,783	55.69	7.84	$123,796
Jun 2005	0	14,567	52.33	7.38	$107,520
May 2005	0	16,172	45.22	6.65	$107,563
Apr 2005	0	15,976	49.20	7.36	$117,591
Mar 2005	0	10,087	50.37	7.15	$72,171
Feb 2005	0	12,182	45.22	6.31	$76,892
Jan 2005	0	10,882	43.16	6.32	$68,798
Dec 2004	0	10,779	39.86	6.75	$72,770
Nov 2004	0	14,991	45.28	6.33	$94,899
Oct 2004	174	16,659	49.70	6.52	$117,183
Sep 2004	0	20,787	43.24	5.28	$109,836
Aug 2004	0	21,063	42.37	5.55	$116,914
Jul 2004	171	26,249	38.28	6.08	$166,250
Jun 2004	0	35,047	36.10	6.43	$225,458
May 2004	167	78,735	37.48	6.49	$517,610
Apr 2004	343	85,049	34.47	5.86	$510,079
Mar 2004	152	90,325	34.36	5.53	$504,733
Feb 2004	0	11,220	32.45	5.51	$61,818

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.

Apr 2013 — as filed, then multipliedworked

Condensate             0 bbl  × $ 93.96 =         $0
Gas                   12 Mcf  × $  4.28 =        $51

────────────────────────────────────────────────────
Month total                                      $51

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/199947 is the state's own key, not one this site invented.