FLORES, CARMEN

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 212676District 04Field 298012532 tax incentive programmesGasSaveExport
Value, all time
$437 k
May 2005 – Jun 2010
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
62
no gaps in the span
Streams
1
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 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.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112006-07-19165524
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
GasProduction53,500 Mcf$436,697
Total$436,697

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 26.9300, -99.2339. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.93000, -99.23389 · 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
11,000 ft
1 wells filed one
Completion to plug
5.1 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 11,000 ft.

Completions filed
May 2005
1 of 1 wells
Plug dates filed
Jun 2010
1 of 1 wells

Last completion to plug: a median of 5.1 years across the 1 well that filed both dates, with the middle half between 5.1 years and 5.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-50535251111,000 ftMay 2005Jun 2010Yes

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 (62)

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

62 months

Jun 2010070.364.91$0
May 2010071.124.24$0
Apr 2010081.694.12$0
Mar 2010078.394.39$0
Feb 2010073.585.44$0
Jan 2010074.365.96$0
Dec 2009071.445.48$0
Nov 20093574.593.75$131
Oct 20097272.544.11$296
Sep 200938265.543.06$1,171
Aug 200945567.423.22$1,464
Jul 200932461.133.46$1,123
Jun 200937366.163.90$1,453
May 200933654.743.93$1,319
Apr 200926946.773.59$965
Mar 200926042.144.06$1,055
Feb 200935632.814.63$1,649
Jan 200931535.865.37$1,692
Dec 200843537.105.98$2,600
Nov 200836055.496.86$2,470
Oct 200833075.246.92$2,284
Sep 2008364101.767.88$2,867
Aug 20083,754114.228.48$31,845
Jul 2008602131.0811.39$6,856
Jun 2008264131.3313.03$3,441
May 2008334123.1711.57$3,866
Apr 2008433110.3110.45$4,527
Mar 2008394101.909.66$3,808
Feb 200862992.538.77$5,517
Jan 200857290.388.21$4,694
Dec 200757688.337.30$4,206
Nov 200754491.677.29$3,967
Oct 200746882.856.92$3,239
Sep 200763075.846.24$3,934
Aug 200756369.066.39$3,596
Jul 200783870.906.39$5,353
Jun 20071,17662.007.55$8,877
May 200757958.747.85$4,543
Apr 20071,19759.617.81$9,343
Mar 20071,25756.927.30$9,179
Feb 20071,06055.108.22$8,709
Jan 200784850.306.73$5,704
Dec 20061,38156.656.92$9,554
Nov 20061,40754.207.62$10,718
Oct 20061,58254.906.01$9,514
Sep 20061,48760.085.04$7,490
Aug 20061,87368.717.34$13,748
Jul 20061,63969.376.34$10,396
Jun 20061,55466.286.38$9,921
May 20061,71666.016.42$11,025
Apr 20061,59864.397.36$11,762
Mar 20061,84256.707.08$13,047
Feb 20061,84157.597.75$14,270
Jan 20062,23560.598.93$19,966
Dec 20052,18454.9413.42$29,299
Nov 20051,73554.6910.59$18,371
Oct 20051,42758.3413.80$19,687
Sep 20052,35861.4512.08$28,482
Aug 20054,25761.519.80$41,705
Jul 2005055.697.84$0
Jun 2005052.337.38$0
May 2005045.226.65$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.

Nov 2009 — as filed, then multipliedworked
Gas                   35 Mcf  × $  3.75 =       $131

────────────────────────────────────────────────────
Month total                                     $131

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/212676 is the state's own key, not one this site invented.