CHANDLER GAS UNIT NO. 1

Operated by XTO ENERGY INC. (P-5 945936) in the FARRAR, SE (PETTIT) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 262322District 05Field 303257502 tax incentive programmesCondensateGasSaveExport
Value, all time
$131 k
Jan 2011 – Apr 2015
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
52
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 205 leases and 205 wells, and the rule below applies to all of them.

Discovered
1987-03-15
as the register files it
Field class
Gas
the register's own label
Between wells
600 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2008-08-25.

The Commission's schedule remark for this field reads: PER DOCKET 05-0257882, TOLERANCE ACRES CORRECTED FROM 44 TO 4.

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 Gas112012-03-23205529
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
CondensateDisposition152 bbl$12,710
GasProduction30,425 Mcf$118,654
Total$131,365

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 31.4392, -96.2658. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.43919, -96.26578 · 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
9,823 ft
1 wells filed one
Completion to plug
11 months
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 9,823 ft.

Completions filed
Apr 2015
1 of 1 wells
Plug dates filed
Mar 2016
1 of 1 wells

Last completion to plug: a median of 11 months across the 1 well that filed both dates, with the middle half between 11 months and 11 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2933095219,823 ftApr 2015Mar 2016Yes

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 (52)

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

52 months

Apr 201507549.822.71$203
Mar 201505942.892.93$173
Feb 20150844.662.98$24
Jan 201507643.433.10$236
Dec 201407954.693.59$284
Nov 201407970.464.25$336
Oct 201409378.303.90$363
Sep 201409086.164.05$364
Aug 201409889.394.04$395
Jul 2014011196.564.18$464
Jun 2014011598.164.74$545
May 2014012294.734.73$577
Apr 2014011595.944.81$553
Mar 2014011895.895.06$597
Feb 2014011197.406.19$687
Jan 2014012490.404.86$603
Dec 2013012691.824.35$549
Nov 2013014888.853.74$553
Oct 2013017897.423.78$673
Sep 20130137104.113.72$509
Aug 20130140104.253.52$493
Jul 20130139102.523.72$517
Jun 2013013794.403.93$539
May 2013015494.834.15$639
Apr 2013019193.964.28$818
Mar 2013017893.623.91$696
Feb 2013017591.233.42$598
Jan 2013019791.603.42$674
Dec 2012022886.773.42$780
Nov 2012025786.953.62$932
Oct 2012027089.383.40$918
Sep 2012029294.672.92$852
Aug 2012046092.662.91$1,338
Jul 2012056185.133.02$1,695
Jun 2012031079.822.52$781
May 2012038791.612.49$963
Apr 20120538101.652.00$1,074
Mar 20120630105.052.22$1,400
Feb 20120760101.102.57$1,953
Jan 2012098998.092.73$2,704
Dec 201101,04896.873.24$3,395
Nov 201101,08495.723.31$3,589
Oct 201101,21684.983.65$4,437
Sep 20111521,25583.623.99$17,712
Aug 201101,43583.404.15$5,954
Jul 201101,37794.144.52$6,220
Jun 201101,40892.904.64$6,533
May 201101,97498.134.40$8,695
Apr 201102,256105.964.33$9,776
Mar 201101,72396.364.06$6,991
Feb 201103,05185.644.18$12,753
Jan 201103,54386.504.59$16,258

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 2015 — as filed, then multipliedworked
Condensate             0 bbl  × $ 49.82 =         $0
Gas                   75 Mcf  × $  2.71 =       $203

────────────────────────────────────────────────────
Month total                                     $203

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/262322 is the state's own key, not one this site invented.