MAST, A. T. "B" GAS UNIT

Operated by CHESAPEAKE OPERATING, INC. (P-5 147715) in the NACONICHE CREEK (ROD.-TP CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 119800District 06Field 643002872 tax incentive programmesCondensateGasSaveExport
Value, all time
$403 k
Jan 1993 – Feb 2012
Value, last 12 filed months
$8 k
at the published price for each month
Months reported
230
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 373 leases and 373 wells, and the rule below applies to all of them.

Discovered
2005-09-27
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 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 2005-09-27.

The Commission's schedule remark for this field reads: BY HEARING.

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 Gas112005-11-02165581
NGPA2none

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
CondensateDisposition1,571 bbl$38,054
GasProduction137,020 Mcf$364,529
Total$402,583

31,684 Mcf of this lease's gas, across 31 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 31.7738, -94.5302. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.77377, -94.53017 · 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
10,143 ft
1 wells filed one
Completion to plug
14.3 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 10,143 ft.

Completions filed
Apr 1997
1 of 1 wells
Plug dates filed
Aug 2011
1 of 1 wells

Last completion to plug: a median of 14.3 years across the 1 well that filed both dates, with the middle half between 14.3 years and 14.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-34731369110,143 ftApr 1997Aug 2011Yes

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 (230)

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

230 months

Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 201199083.623.99$8,278
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 200901442.144.06$57
Feb 200903232.814.63$148
Jan 200902035.865.37$107
Dec 200805537.105.98$329
Nov 2008013855.496.86$947
Oct 20080075.246.92$0
Sep 2008044101.767.88$347
Aug 200800114.228.48$0
Jul 200809131.0811.39$103
Jun 200809131.3313.03$117
May 2008015123.1711.57$174
Apr 20080492110.3110.45$5,144
Mar 2008034101.909.66$329
Feb 20080092.538.77$0
Jan 200804190.388.21$336
Dec 200705388.337.30$387
Nov 200704791.677.29$343
Oct 200705282.856.92$360
Sep 200705775.846.24$356
Aug 200706069.066.39$383
Jul 200705870.906.39$371
Jun 200706262.007.55$468
May 200706458.747.85$502
Apr 200706959.617.81$539
Mar 200708356.927.30$606
Feb 2007010855.108.22$887
Jan 200706250.306.73$417
Dec 2006011856.656.92$816
Nov 200607554.207.62$571
Oct 200609654.906.01$577
Sep 200608160.085.04$408
Aug 200607568.717.34$550
Jul 200608269.376.34$520
Jun 200609066.286.38$575
May 200609566.016.42$610
Apr 2006010364.397.36$758
Mar 2006013156.707.08$928
Feb 2006011957.597.75$922
Jan 2006014960.598.93$1,331
Dec 2005057354.9413.42$7,687
Nov 200508054.6910.59$847
Oct 200501658.3413.80$221
Sep 200501361.4512.08$157
Aug 200502061.519.80$196
Jul 200501955.697.84$149
Jun 200509852.337.38$723
May 2005652245.226.65$3,086
Apr 20050949.207.36$66
Mar 200501250.377.15$86
Feb 200511345.226.31$127
Jan 200507243.166.32$455
Dec 2004057739.866.75$3,895
Nov 2004048645.286.33$3,077
Oct 2004045949.706.52$2,990
Sep 2004132043.245.28$1,734
Aug 2004113442.375.55$786
Jul 2004124038.286.08$1,498
Jun 2004034936.106.43$2,245
May 2004051537.486.49$3,345
Apr 2004041634.475.86$2,437
Mar 2004068834.365.53$3,805
Feb 2004077332.455.51$4,259
Jan 2004063832.036.30$4,019
Dec 2003059730.266.30$3,762
Nov 2003026728.804.60$1,227
Oct 2003015628.174.76$743
Sep 200309826.314.75$465
Aug 200306929.765.13$354
Jul 2003011229.415.17$579
Jun 2003015028.565.98$897
May 2003017326.595.97$1,033
Apr 2003027026.675.41$1,460
Mar 2003036331.146.10$2,213
Feb 2003031333.487.93$2,481
Jan 2003031330.315.58$1,747
Dec 2002028826.914.85$1,398
Nov 2002021824.664.14$902
Oct 2002025926.464.23$1,095
Sep 2002019727.443.64$716
Aug 2002017425.963.16$551
Jul 2002036524.583.06$1,118
Jun 200218635923.733.34$5,612
May 2002020124.663.58$720
Apr 2002036023.653.51$1,264
Mar 2002053622.003.10$1,663
Feb 2002045818.222.38$1,088
Jan 200201,04617.172.38$2,485
Dec 2001094416.932.36$2,232
Nov 200101,00418.072.41$2,415
Oct 200101,03319.782.53$2,612
Sep 200101424.262.25$32
Aug 2001095324.873.05$2,910
Jul 200101,62823.933.20$5,205
Jun 2001099624.563.82$3,809
May 2001199825.524.31$4,324
Apr 200111,23824.685.34$6,630
Mar 200101,38524.545.38$7,446
Feb 200121,22427.755.77$7,114
Jan 200101,34827.478.40$11,322
Dec 200001,44126.889.12$13,146
Nov 2000013432.215.66$758
Oct 200001,27631.235.15$6,566
Sep 200011,38731.875.19$7,226
Aug 200011,50729.644.54$6,873
Jul 20001731,59128.534.09$11,442
Jun 200011,57229.304.40$6,942
May 200011,63927.263.68$6,058
Apr 200021,63524.513.12$5,144
Mar 200021,74228.422.86$5,039
Feb 200041,70227.622.73$4,751
Jan 200051,92625.272.48$4,904
Dec 199901,92724.282.42$4,671
Nov 199941,88923.192.43$4,691
Oct 199921,81120.982.80$5,119
Sep 199911,70821.752.62$4,495
Aug 19991851,77919.262.88$8,679
Jul 199911,95617.892.37$4,658
Jun 199921,63315.942.36$3,889
May 199922,05115.792.32$4,792
Apr 199901,27615.102.21$2,817
Mar 199912,46512.471.84$4,544
Feb 199971,5629.981.82$2,909
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 199804810.892.19$105
Oct 199811,68412.421.97$3,329
Sep 199801,68012.592.08$3,499
Aug 199821,72711.301.91$3,317
Jul 199821,73111.742.24$3,896
Jun 19981791,71511.242.24$5,849
May 199821,79312.622.21$3,981
Apr 199801,84113.042.51$4,612
Mar 199852,00812.802.31$4,701
Feb 199821,95213.952.30$4,516
Jan 199832,22214.702.15$4,832
Dec 199722,28516.322.41$5,542
Nov 199731,80918.193.09$5,641
Oct 19972161,76319.253.15$9,711
Sep 199701,68717.742.95$4,985
Aug 199701,94017.862.55$4,956
Jul 199721,80017.582.25$4,080
Jun 199721,75717.242.26$4,000
May 199732,23818.972.31$5,223
Apr 199772,31017.882.08$4,936
Mar 199751,27818.951.94$2,573
Feb 1997591820.492.21$2,127
Jan 19974023.483.54$94
Dec 19960023.32$0
Nov 19960021.97$0
Oct 19960023.31$0
Sep 19960022.22$0
Aug 19960020.26$0
Jul 19960019.55$0
Jun 19960018.73$0
May 19960019.43$0
Apr 19960021.51$0
Mar 19960019.38$0
Feb 19960016.98$0
Jan 19960017.07$0
Dec 19950017.19$0
Nov 19950016.00$0
Oct 19950015.43$0
Sep 19950016.18$0
Aug 19950015.92$0
Jul 199505715.24$0
Jun 1995048616.41$0
May 1995091417.56$0
Apr 1995047517.73$0
Mar 1995051016.44$0
Feb 1995052416.58$0
Jan 1995057015.92$0
Dec 1994057615.03$0
Nov 199418656415.90$2,957
Oct 1994047715.58$0
Sep 1994072415.29$0
Aug 1994050116.13$0
Jul 1994099817.56$0
Jun 199401,01217.09$0
May 199401,23015.88$0
Apr 199401,16214.14$0
Mar 199401,07212.46$0
Feb 199401,03612.50$0
Jan 199401,08912.66$0
Dec 199301,01712.33$0
Nov 199301,10614.49$0
Oct 199301,26215.85$0
Sep 199301,20315.03$0
Aug 199301,33515.66$0
Jul 19931871,51215.46$2,891
Jun 199301,29016.79$0
May 199301,94217.68$0
Apr 199301,76718.05$0
Mar 199301,29518.14$0
Feb 199301,82317.90$0
Jan 199302,15516.93$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.

Sep 2011 — as filed, then multipliedworked
Condensate            99 bbl  × $ 83.62 =     $8,278
Gas                    0 Mcf  × $  3.99 =         $0

────────────────────────────────────────────────────
Month total                                   $8,278

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. 06/G/119800 is the state's own key, not one this site invented.