SO. CHANDLER GAS UNIT

Operated by FORTUNE RESOURCES LLC (P-5 278755) in the CHANDLER (RODESSA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 15424District 05Field 16890500NGPA filingCondensateGasSaveExport
Value, all time
$988 k
Jan 1993 – Nov 2006
Value, last 12 filed months
$40 k
at the published price for each month
Months reported
167
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 3 leases and 3 wells, and the rule below applies to all of them.

Discovered
1956-12-28
as the register files it
Field class
Oil and 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: ALLOCATION FORMULA EFF. 1-1-80 PER AMENDMENT TO SWR 28 & 29

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
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
CondensateDisposition19,237 bbl$428,429
GasProduction278,429 Mcf$559,783
Total$988,212

128,056 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 32.2398, -95.4952. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.23976, -95.49522 · 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
10,634 ft
1 wells filed one
Completion to plug
2.9 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 10,634 ft.

Completions filed
May 2006
1 of 1 wells
Plug dates filed
Apr 2009
1 of 1 wells

Last completion to plug: a median of 2.9 years across the 1 well that filed both dates, with the middle half between 2.9 years and 2.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-21300359110,634 ftMay 2006Apr 2009Yes

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 (167)

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

167 months

Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 2006165060.085.04$9,913
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 2006030064.397.36$2,208
Mar 2006030056.707.08$2,125
Feb 200628628557.597.75$18,680
Jan 2006031060.598.93$2,769
Dec 2005031054.9413.42$4,159
Nov 2005030054.6910.59$3,177
Oct 2005031058.3413.80$4,277
Sep 2005030061.4512.08$3,624
Aug 2005031061.519.80$3,037
Jul 2005020155.697.84$1,577
Jun 200515321552.337.38$9,593
May 2005012845.226.65$851
Apr 200517785249.207.36$14,980
Mar 200517859750.377.15$13,237
Feb 200517865445.226.31$12,177
Jan 2005083543.166.32$5,279
Dec 2004077839.866.75$5,252
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 200414190143.245.28$10,858
Aug 200401,13642.375.55$6,306
Jul 20041751,18538.286.08$13,909
Jun 2004093536.106.43$6,015
May 20041831,12137.486.49$14,139
Apr 200401,08034.475.86$6,327
Mar 20041781,07134.365.53$12,039
Feb 20041801,07332.455.51$11,753
Jan 200401,20332.036.30$7,578
Dec 20031811,22830.266.30$13,215
Nov 20031781,17328.804.60$10,517
Oct 200301,29328.174.76$6,154
Sep 20031711,28526.314.75$10,602
Aug 200301,45529.765.13$7,464
Jul 20031641,45429.415.17$12,342
Jun 200301,12828.565.98$6,749
May 20031261,10126.595.97$9,926
Apr 2003089626.675.41$4,845
Mar 20033601,06531.146.10$17,703
Feb 200301,03733.487.93$8,219
Jan 20031831,27830.315.58$12,681
Dec 2002089626.914.85$4,349
Nov 20021821,30724.664.14$9,895
Oct 200201,24826.464.23$5,278
Sep 20021891,34427.443.64$10,072
Aug 200201,61225.963.16$5,101
Jul 20021831,23224.583.06$8,270
Jun 200201,21623.733.34$4,059
May 20021731,31424.663.58$8,976
Apr 20021811,32023.653.51$8,917
Mar 200201,37522.003.10$4,266
Feb 20021731,32018.222.38$6,288
Jan 20021941,33517.172.38$6,503
Dec 20011931,42116.932.36$6,627
Nov 200101,19018.072.41$2,863
Oct 20011981,22019.782.53$7,002
Sep 200101,42324.262.25$3,204
Aug 20011801,38124.873.05$8,693
Jul 200101,39223.933.20$4,450
Jun 20011761,48524.563.82$10,001
May 200101,49725.524.31$6,448
Apr 20011851,48424.685.34$12,483
Mar 20011931,44624.545.38$12,511
Feb 20011981,10827.755.77$11,884
Jan 200101,36527.478.40$11,464
Dec 20001841,58826.889.12$19,432
Nov 200001,59832.215.66$9,041
Oct 20001861,80631.235.15$15,102
Sep 20001751,81131.875.19$14,970
Aug 20001941,92229.644.54$14,477
Jul 20001902,04228.534.09$13,772
Jun 200001,55829.304.40$6,851
May 200001,50127.263.68$5,523
Apr 20001961,99424.513.12$11,017
Mar 20001962,08628.422.86$11,536
Feb 20001932,01327.622.73$10,819
Jan 20001961,89625.272.48$9,656
Dec 199901,76824.282.42$4,285
Nov 19991871,55623.192.43$8,124
Oct 199901,65220.982.80$4,632
Sep 19991861,93621.752.62$9,116
Aug 199902,08519.262.88$5,996
Jul 19991852,10317.892.37$8,299
Jun 19991902,21015.942.36$8,249
May 19991892,09015.792.32$7,835
Apr 199902,25915.102.21$4,988
Mar 19992002,32512.471.84$6,768
Feb 19991902,2799.981.82$6,039
Jan 19993452,39110.381.90$8,124
Dec 19982002,6169.201.77$6,479
Nov 19985302,41510.892.19$11,050
Oct 199822,38412.421.97$4,719
Sep 199811,95712.592.08$4,088
Aug 199802,31811.301.91$4,421
Jul 199817286611.742.24$3,957
Jun 199801,24511.242.24$2,785
May 199801,24712.622.21$2,751
Apr 19981961,37913.042.51$6,011
Mar 199801,55212.802.31$3,584
Feb 19981861,15313.952.30$5,246
Jan 199801,13014.702.15$2,435
Dec 199719596716.322.41$5,514
Nov 199701,19218.193.09$3,681
Oct 19971921,45619.253.15$8,282
Sep 19971871,42617.742.95$7,531
Aug 19971911,27217.862.55$6,661
Jul 199702,27617.582.25$5,114
Jun 199702,97517.242.26$6,715
May 19973361,74318.972.31$10,398
Apr 1997701,37617.882.08$4,118
Mar 19971971,41118.951.94$6,469
Feb 199702,56620.492.21$5,660
Jan 19971871,96823.483.54$11,357
Dec 199602,25223.32$0
Nov 19961771,60921.97$3,889
Oct 19961991,95223.31$4,639
Sep 199601,93022.22$0
Aug 19961891,77120.26$3,829
Jul 19961972,35519.55$3,851
Jun 19961943,42118.73$3,634
May 199603,04219.43$0
Apr 19961982,48621.51$4,259
Mar 19961992,38519.38$3,857
Feb 199602,81816.98$0
Jan 199602,70417.07$0
Dec 19951992,91617.19$3,421
Nov 19951802,98116.00$2,880
Oct 19951842,80615.43$2,839
Sep 19951892,37416.18$3,058
Aug 199502,20215.92$0
Jul 19951902,11615.24$2,896
Jun 19951872,07716.41$3,069
May 199501,92417.56$0
Apr 19951991,92717.73$3,528
Mar 19951802,18816.44$2,959
Feb 199502,24916.58$0
Jan 19951992,91315.92$3,168
Dec 199402,20315.03$0
Nov 19941922,21415.90$3,053
Oct 19941833,22215.58$2,851
Sep 19941893,05115.29$2,890
Aug 19941893,16216.13$3,049
Jul 19941882,22417.56$3,301
Jun 199401,59617.09$0
May 199402,12715.88$0
Apr 19941852,11814.14$2,616
Mar 19941852,68712.46$2,305
Feb 199402,68312.50$0
Jan 19941942,67412.66$2,456
Dec 19931932,90512.33$2,380
Nov 19931962,85514.49$2,840
Oct 19933834,41315.85$6,071
Sep 19931933,07115.03$2,901
Aug 19931743,36015.66$2,725
Jul 19931853,45915.46$2,860
Jun 19931973,12016.79$3,308
May 19931943,54817.68$3,430
Apr 19931913,59418.05$3,448
Mar 19933983,64418.14$7,220
Feb 199303,16917.90$0
Jan 19931893,55916.93$3,200

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.

Sep 2006 — as filed, then multipliedworked
Condensate           165 bbl  × $ 60.08 =     $9,913
Gas                    0 Mcf  × $  5.04 =         $0

────────────────────────────────────────────────────
Month total                                   $9,913

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. 05/G/15424 is the state's own key, not one this site invented.