CHESTNUT, F. E.

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the TABASCO (CONSOLIDATED) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 269224District 04Field 881031002 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.1 M
May 2012 – May 2026
Value, last 12 filed months
$307 k
at the published price for each month
Months reported
169
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 142 leases and 144 wells, and the rule below applies to all of them.

Discovered
2006-02-28
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2006-11-14.

The Commission's schedule remark for this field reads: BE SUSPENDED.

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 Gas112013-10-08211551
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
CondensateDisposition42,897 bbl$3,423,708
GasProduction1,621,481 Mcf$5,638,516
Total$9,062,224

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 26.2408, -98.4534. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.24083, -98.45339 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
10,130 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
00.0%
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.
1100.0%

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 10,130 ft.

Completions filed
Sep 2013
1 of 1 wells

1 well

42-21534053710,130 ftSep 2013

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 (169)

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

169 months

May 2026694,722106.413.05$21,725
Apr 2026824,69998.932.87$21,597
Mar 20261114,98189.753.15$25,650
Feb 2026744,55663.503.75$21,785
Jan 2026775,17659.138.00$45,950
Dec 20251065,19856.664.41$28,947
Nov 2025505,95658.593.93$26,315
Oct 2025736,82859.383.30$26,900
Sep 2025517,69462.743.08$26,874
Aug 2025587,66463.933.01$26,813
Jul 2025297,26466.743.32$26,017
Jun 2025212,09866.483.13$7,960
May 2025263,38660.553.23$12,519
Apr 2025363,17662.363.54$13,498
Mar 2025333,30167.704.27$16,324
Feb 2025283,06970.884.34$15,307
Jan 2025413,48374.324.28$17,950
Dec 2024293,51068.993.12$12,957
Nov 2024373,42969.052.20$10,093
Oct 2024503,49071.372.28$11,531
Sep 2024593,32169.612.36$11,959
Aug 2024753,46575.632.06$12,823
Jul 2024943,50979.932.15$15,046
Jun 2024943,43278.082.63$16,379
May 2024573,24978.812.20$11,635
Apr 2024953,37584.451.66$13,623
Mar 2024733,48480.301.55$11,245
Feb 2024543,22176.091.78$9,854
Jan 2024733,42373.023.30$16,618
Dec 20231053,60171.262.61$16,884
Nov 2023723,22877.892.81$14,671
Oct 2023723,54685.443.09$17,099
Sep 2023723,63689.042.74$16,355
Aug 2023713,60080.522.67$15,339
Jul 2023543,74474.852.64$13,933
Jun 2023713,64968.962.26$13,137
May 2023683,79470.622.23$13,253
Apr 20231013,35578.122.24$15,398
Mar 2023433,42772.852.39$11,334
Feb 2023743,79075.112.47$14,903
Jan 2023354,19976.533.39$16,904
Dec 2022783,81376.415.73$27,805
Nov 2022443,76685.005.65$25,004
Oct 20221063,72987.185.86$31,107
Sep 2022453,71784.888.16$34,164
Aug 2022493,95094.529.13$40,684
Jul 20221094,010101.587.54$41,316
Jun 2022733,992115.097.98$40,247
May 2022664,028109.378.43$41,187
Apr 20221453,941104.226.84$42,059
Mar 20221674,257108.885.08$39,793
Feb 20221763,94091.054.86$35,169
Jan 20221764,20981.844.54$33,503
Dec 20211384,46671.323.90$27,256
Nov 202182077.435.24$6,349
Oct 20211604,64779.795.71$39,319
Sep 2021984,53169.865.35$31,091
Aug 2021894,83566.024.22$26,282
Jul 2021844,82270.783.98$25,147
Jun 2021774,77269.493.38$21,483
May 20211204,88663.483.02$22,362
Apr 2021704,83060.362.76$17,548
Mar 2021754,85261.302.72$17,780
Feb 2021874,16557.805.55$28,136
Jan 20211345,09350.412.81$21,068
Dec 2020865,17444.642.68$17,682
Nov 2020905,15138.772.71$17,431
Oct 2020915,31336.972.48$16,532
Sep 2020935,21237.091.99$13,827
Aug 2020985,50639.982.39$17,050
Jul 20201135,49138.371.83$14,358
Jun 20201695,47334.901.69$15,149
May 2020355,40516.921.81$10,401
Apr 20201965,64714.751.80$13,080
Mar 20201555,85230.341.86$15,565
Feb 2020375,31149.881.98$12,365
Jan 2020176,16557.252.09$13,887
Dec 2019176,24059.012.30$15,382
Nov 2019176,11455.302.75$17,758
Oct 2019206,60453.472.42$17,041
Sep 2019206,39955.052.66$18,105
Aug 2019226,12753.112.30$15,287
Jul 2019102,77456.272.46$7,387
Jun 2019112,31652.782.49$6,350
May 2019152,64158.482.74$8,114
Apr 2019102,61662.632.75$7,822
Mar 2019132,55656.803.06$8,565
Feb 2019152,58550.852.79$7,981
Jan 2019214,91446.033.23$16,830
Dec 2018265,88446.594.19$25,838
Nov 2018135,54252.934.24$24,171
Oct 2018266,02161.443.40$22,057
Sep 2018114,93959.543.11$16,005
Aug 2018166,35859.403.07$20,448
Jul 2018226,49365.142.93$20,470
Jun 2018205,59360.183.08$18,413
May 2018255,96065.382.90$18,923
Apr 2018195,97163.842.90$18,534
Mar 201856,44761.222.79$18,273
Feb 201806,06661.782.77$16,779
Jan 201806,98062.874.01$27,985
Dec 201707,21457.272.92$21,076
Nov 201706,54155.423.12$20,397
Oct 201707,52449.292.98$22,449
Sep 201706,22147.523.09$19,206
Aug 201704,57545.373.00$13,745
Jul 201706,80443.873.09$21,006
Jun 201707,01042.493.09$21,642
May 201707,22945.373.26$23,591
Apr 2017186,74347.933.21$22,519
Mar 20171087,30846.772.98$26,856
Feb 20171787,18250.452.95$30,186
Jan 20171968,33149.413.42$38,166
Dec 20162229,00948.763.72$44,364
Nov 20162048,37542.492.64$30,814
Oct 20162358,80146.193.09$38,052
Sep 20161628,60841.553.10$33,421
Aug 20161679,01541.442.92$33,283
Jul 20161599,21641.622.92$33,568
Jun 20161589,04245.352.69$31,451
May 20161939,40542.521.99$26,932
Apr 20162618,80236.561.99$27,067
Mar 201624910,06133.011.79$26,269
Feb 20162508,47326.472.06$24,103
Jan 20162439,80827.352.36$29,836
Dec 20152399,82832.362.00$27,404
Nov 20153719,50638.792.17$34,994
Oct 201524210,33943.552.43$35,628
Sep 201515610,27742.992.76$35,055
Aug 201517511,41640.162.87$39,820
Jul 201532511,62948.152.95$49,897
Jun 201531911,68356.152.88$51,592
May 201526112,26855.212.96$50,667
Apr 201519912,40449.822.71$43,486
Mar 201529413,29742.892.93$51,633
Feb 201532612,66744.662.98$52,259
Jan 201583412,20743.433.10$74,070
Dec 201480111,26054.693.59$84,245
Nov 20141,08213,29370.464.25$132,757
Oct 201488121,21078.303.90$151,722
Sep 201447818,37086.164.05$115,499
Aug 201439219,68189.394.04$114,456
Jul 201444220,10496.564.18$126,706
Jun 201457520,59198.164.74$153,979
May 201469621,76294.734.73$168,791
Apr 20141,15121,70895.944.81$214,823
Mar 201478624,60295.895.06$199,777
Feb 201456122,16897.406.19$191,906
Jan 201481326,27790.404.86$201,220
Dec 20131,09627,84991.824.35$221,903
Nov 201398424,08588.853.74$177,465
Oct 20131,03129,15997.423.78$210,642
Sep 201392626,824104.113.72$196,131
Aug 20131,14229,826104.253.52$224,119
Jul 20131,08432,644102.523.72$232,494
Jun 20131,12829,65694.403.93$223,132
May 20131,64131,53194.834.15$286,441
Apr 201372518,67993.964.28$148,116
Mar 201350723,79793.623.91$140,580
Feb 201376221,69391.233.42$143,705
Jan 201349623,97291.603.42$127,416
Dec 201262629,07986.773.42$153,773
Nov 201266631,33786.953.62$171,504
Oct 20121,30333,92589.383.40$231,796
Sep 20121,27935,82494.672.92$225,632
Aug 20121,61541,41192.662.91$270,076
Jul 20121,94245,38085.133.02$302,406
Jun 20121,22435,15479.822.52$186,254
May 201272322,99391.612.49$123,448

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.

May 2026 — as filed, then multipliedworked
Condensate            69 bbl  × $106.41 =     $7,342
Gas                4,722 Mcf  × $  3.05 =    $14,382

────────────────────────────────────────────────────
Month total                                  $21,725

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/269224 is the state's own key, not one this site invented.