CANNAE

Operated by CHAPARRAL ENERGY, L.L.C. (P-5 144535) in the CANNAE (COTTON VALLEY LIME) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 162647District 05Field 15340075Hydrogen sulphide fieldNGPA filingCondensateGasSaveExport
Value, all time
$977 k
Dec 1996 – Oct 2006
Value, last 12 filed months
$88 k
at the published price for each month
Months reported
119
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 1 leases and 1 wells, and the rule below applies to all of them.

Discovered
1996-12-02
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

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
CondensateDisposition2 bbl$118
GasProduction236,027 Mcf$976,842
Total$976,960

24,028 Mcf of this lease's gas, across 1 month, 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 31.0976, -96.4256. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.09757, -96.42563 · 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
15,500 ft
1 wells filed one
Completion to plug
15.8 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 15,500 ft.

Completions filed
Oct 2006
1 of 1 wells
Plug dates filed
Aug 2022
1 of 1 wells

Last completion to plug: a median of 15.8 years across the 1 well that filed both dates, with the middle half between 15.8 years and 15.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-39530454115,500 ftOct 2006Aug 2022Yes

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 (119)

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

119 months

Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20061156.707.08$64
Feb 2006069357.597.75$5,372
Jan 200602,04560.598.93$18,269
Dec 200503,14354.9413.42$42,165
Nov 200502,05554.6910.59$21,759
Oct 200503,18558.3413.80$43,940
Sep 200515,44661.4512.08$65,844
Aug 200503,84561.519.80$37,669
Jul 200501,22655.697.84$9,616
Jun 200501,93252.337.38$14,260
May 200502,41345.226.65$16,049
Apr 200501,48749.207.36$10,945
Mar 200501,90050.377.15$13,594
Feb 200502,24145.226.31$14,145
Jan 200504,23943.166.32$26,800
Dec 200404239.866.75$284
Nov 200401,39445.286.33$8,825
Oct 200402,17049.706.52$14,138
Sep 2004086643.245.28$4,576
Aug 200401,68242.375.55$9,336
Jul 200401,45538.286.08$8,852
Jun 200402,67936.106.43$17,234
May 200402,17137.486.49$14,100
Apr 200401,70934.475.86$10,012
Mar 200402,27234.365.53$12,564
Feb 200402,15032.455.51$11,846
Jan 200401,98332.036.30$12,492
Dec 200301,84930.266.30$11,652
Nov 200302,11328.804.60$9,710
Oct 200302,41528.174.76$11,495
Sep 200301,83926.314.75$8,734
Aug 200302,07429.765.13$10,639
Jul 200302,16829.415.17$11,210
Jun 200302,21928.565.98$13,276
May 200302,85926.595.97$17,076
Apr 200302,96026.675.41$16,006
Mar 200302,76431.146.10$16,849
Feb 200303,05733.487.93$24,229
Jan 200303,27930.315.58$18,304
Dec 200203,13926.914.85$15,236
Nov 200204,32624.664.14$17,896
Oct 200206,59126.464.23$27,874
Sep 200202627.443.64$95
Aug 200203,50225.963.16$11,081
Jul 200201,91824.583.06$5,872
Jun 200203,51723.733.34$11,741
May 200205,16024.663.58$18,493
Apr 200203,67523.653.51$12,908
Mar 200204,49322.003.10$13,941
Feb 200205,50118.222.38$13,069
Jan 200206,11517.172.38$14,527
Dec 2001010,02716.932.36$23,708
Nov 20010018.072.41$0
Oct 2001012,70819.782.53$32,137
Sep 2001055,28124.262.25$124,455
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 19970018.951.94$0
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 1996024,02823.32$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 2006 — as filed, then multipliedworked
Condensate             1 bbl  × $ 56.70 =        $57
Gas                    1 Mcf  × $  7.08 =         $7

────────────────────────────────────────────────────
Month total                                      $64

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/162647 is the state's own key, not one this site invented.