CHEROKEE WATER COMPANY

Operated by CRATON OPERATING LLC (P-5 186717) in the OAK HILL (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 159131District 06Field 664612752 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.6 M
May 1996 – May 2026
Value, last 12 filed months
$45 k
at the published price for each month
Months reported
361
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 2,275 leases and 2,276 wells, and the rule below applies to all of them.

Discovered
1976-11-17
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 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 2018-03-20.

The Commission's schedule remark for this field reads: FIELD. EFFECTIVE 4/12/16.

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 Gas111996-10-21135252
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
CondensateDisposition5,997 bbl$201,706
GasProduction1,962,408 Mcf$6,378,909
Total$6,580,615

415,836 Mcf of this lease's gas, across 8 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 32.3595, -94.6019. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.35948, -94.60192 · 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
10,490 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 10,490 ft.

Completions filed
May 1996
1 of 1 wells

1 well

42-40132631310,490 ftMay 1996

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 (361)

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

361 months

May 20260643106.413.05$1,958
Apr 2026066998.932.87$1,920
Mar 2026058789.753.15$1,849
Feb 20265355463.503.75$5,443
Jan 202623359359.138.00$18,520
Dec 2025064956.664.41$2,864
Nov 2025064658.593.93$2,536
Oct 2025059259.383.30$1,956
Sep 2025043662.743.08$1,342
Aug 2025069663.933.01$2,098
Jul 2025065966.743.32$2,185
Jun 2025072566.483.13$2,268
May 2025089560.553.23$2,893
Apr 2025070162.363.54$2,484
Mar 2025072667.704.27$3,099
Feb 2025063870.884.34$2,769
Jan 2025060174.324.28$2,571
Dec 2024056968.993.12$1,776
Nov 2024053369.052.20$1,172
Oct 2024064971.372.28$1,481
Sep 2024074569.612.36$1,761
Aug 2024074075.632.06$1,527
Jul 2024076579.932.15$1,642
Jun 2024070578.082.63$1,857
May 2024074678.812.20$1,640
Apr 2024070884.451.66$1,175
Mar 2024073180.301.55$1,129
Feb 2024081876.091.78$1,459
Jan 2024062073.023.30$2,045
Dec 2023063371.262.61$1,653
Nov 2023063677.892.81$1,786
Oct 2023064585.443.09$1,991
Sep 2023068789.042.74$1,879
Aug 2023067280.522.67$1,796
Jul 2023068474.852.64$1,807
Jun 2023063468.962.26$1,432
May 2023069870.622.23$1,555
Apr 2023062878.122.24$1,405
Mar 2023064172.852.39$1,534
Feb 2023061375.112.47$1,511
Jan 2023053576.533.39$1,812
Dec 2022058276.415.73$3,334
Nov 202201,19585.005.65$6,747
Oct 202201387.185.86$76
Sep 2022073384.888.16$5,984
Aug 202201,01994.529.13$9,301
Jul 202201,036101.587.54$7,814
Jun 20220845115.097.98$6,741
May 20220331109.378.43$2,791
Apr 20220338104.226.84$2,311
Mar 2022281,611108.885.08$11,227
Feb 2022089791.054.86$4,358
Jan 2022087281.844.54$3,957
Dec 2021072271.323.90$2,815
Nov 2021089577.435.24$4,687
Oct 2021070179.795.71$4,005
Sep 202101,22369.865.35$6,544
Aug 202101,03766.024.22$4,377
Jul 202101,31770.783.98$5,244
Jun 202101,32769.493.38$4,486
May 202101,26763.483.02$3,823
Apr 202101,19060.362.76$3,283
Mar 2021096461.302.72$2,619
Feb 2021075357.805.55$4,178
Jan 202101,12550.412.81$3,162
Dec 202001,16344.642.68$3,112
Nov 2020091738.772.71$2,482
Oct 202011,04236.972.48$2,619
Sep 202001,15937.091.99$2,308
Aug 202001,49239.982.39$3,559
Jul 202001,36038.371.83$2,482
Jun 202011,31234.901.69$2,253
May 202011,18916.921.81$2,175
Apr 202011,31314.751.80$2,384
Mar 202001,13430.341.86$2,105
Feb 2020080049.881.98$1,585
Jan 202001,13657.252.09$2,380
Dec 2019096959.012.30$2,233
Nov 2019095355.302.75$2,621
Oct 201901,82453.472.42$4,411
Sep 201901,18355.052.66$3,144
Aug 201901,56053.112.30$3,595
Jul 2019198256.272.46$2,472
Jun 2019099052.782.49$2,466
May 2019096358.482.74$2,639
Apr 2019081962.632.75$2,253
Mar 2019060756.803.06$1,859
Feb 2019059350.852.79$1,656
Jan 2019083146.033.23$2,683
Dec 2018180846.594.19$3,428
Nov 2018073252.934.24$3,102
Oct 2018023561.443.40$799
Sep 2018031559.543.11$979
Aug 2018163359.403.07$2,001
Jul 2018366965.142.93$2,157
Jun 2018164460.183.08$2,042
May 2018036765.382.90$1,065
Apr 2018056763.842.90$1,645
Mar 201806961.222.79$192
Feb 20180561.782.77$14
Jan 2018092962.874.01$3,725
Dec 20178540257.272.92$6,042
Nov 2017085955.423.12$2,679
Oct 2017048149.292.98$1,435
Sep 2017040447.523.09$1,247
Aug 2017068245.373.00$2,049
Jul 201701,11243.873.09$3,433
Jun 201701,00242.493.09$3,093
May 201711,08445.373.26$3,583
Apr 2017198047.933.21$3,195
Mar 2017291246.772.98$2,815
Feb 2017058050.452.95$1,713
Jan 2017027049.413.42$923
Dec 2016023948.763.72$890
Nov 201601,08042.492.64$2,856
Oct 201601,18046.193.09$3,647
Sep 201601,80941.553.10$5,609
Aug 201601,78441.442.92$5,217
Jul 201601,57541.622.92$4,606
Jun 201601,37945.352.69$3,704
May 201601,81442.521.99$3,612
Apr 201602,80736.561.99$5,589
Mar 201601,90833.011.79$3,423
Feb 201601,68626.472.06$3,479
Jan 201622,47727.352.36$5,911
Dec 201513,11132.362.00$6,259
Nov 201512,70138.792.17$5,893
Oct 201512,64043.552.43$6,450
Sep 201522,02842.992.76$5,680
Aug 201512,34940.162.87$6,788
Jul 201532,48148.152.95$7,451
Jun 201512,66256.152.88$7,730
May 201532,18055.212.96$6,609
Apr 201511,53649.822.71$4,207
Mar 201511,97442.892.93$5,836
Feb 201511,70444.662.98$5,116
Jan 201521,69943.433.10$5,355
Dec 201411,31254.693.59$4,767
Nov 201422,05170.464.25$8,861
Oct 201412,70378.303.90$10,623
Sep 201412,42686.164.05$9,900
Aug 201422,30389.394.04$9,472
Jul 201412,80496.564.18$11,816
Jun 201423,15998.164.74$15,160
May 201422,44994.734.73$11,765
Apr 201421,36495.944.81$6,752
Mar 201421,49695.895.06$7,757
Feb 201421,06897.406.19$6,808
Jan 201411,12090.404.86$5,534
Dec 201301,78891.824.35$7,786
Nov 201301,65188.853.74$6,172
Oct 201302,22897.423.78$8,420
Sep 201301,639104.113.72$6,093
Aug 201302,231104.253.52$7,859
Jul 201312,055102.523.72$7,742
Jun 201302,12894.403.93$8,370
May 201311,64594.834.15$6,920
Apr 201302,23493.964.28$9,567
Mar 201312,22893.623.91$8,811
Feb 2013172,11891.233.42$8,794
Jan 201312,19091.603.42$7,581
Dec 201201,99786.773.42$6,830
Nov 201201,76386.953.62$6,391
Oct 201202,06489.383.40$7,017
Sep 201201,81294.672.92$5,288
Aug 201201,95792.662.91$5,691
Jul 201202,02685.133.02$6,120
Jun 201201,97579.822.52$4,975
May 201212,00591.612.49$5,081
Apr 20121591,994101.652.00$20,144
Mar 201202,035105.052.22$4,522
Feb 201282,087101.102.57$6,173
Jan 201202,26098.092.73$6,179
Dec 201102,29796.873.24$7,442
Nov 201102,23395.723.31$7,394
Oct 201102,32384.983.65$8,476
Sep 201102,17583.623.99$8,669
Aug 201102,32083.404.15$9,626
Jul 201102,36194.144.52$10,665
Jun 201102,29092.904.64$10,625
May 201102,29998.134.40$10,127
Apr 201102,344105.964.33$10,157
Mar 201102,43996.364.06$9,896
Feb 201102,38185.644.18$9,953
Jan 201102,58886.504.59$11,876
Dec 201002,69185.734.35$11,700
Nov 201002,72480.843.80$10,338
Oct 201003,01478.103.51$10,576
Sep 201003,30572.633.98$13,152
Aug 20101963,47873.684.42$29,812
Jul 201003,30672.554.74$15,659
Jun 201003,35870.364.91$16,489
May 201003,56971.124.24$15,116
Apr 201003,67481.694.12$15,147
Mar 201004,14578.394.39$18,191
Feb 20101653,74473.585.44$32,517
Jan 201004,24474.365.96$25,312
Dec 200904,26871.445.48$23,405
Nov 200904,20174.593.75$15,760
Oct 200904,53272.544.11$18,628
Sep 200904,44065.543.06$13,607
Aug 200904,73367.423.22$15,233
Jul 200904,69361.133.46$16,259
Jun 200904,45666.163.90$17,356
May 200904,30154.743.93$16,885
Apr 200904,67446.773.59$16,768
Mar 200904,54542.144.06$18,448
Feb 200905,54232.814.63$25,676
Jan 2009844,92135.865.37$29,443
Dec 200804,74037.105.98$28,332
Nov 20080055.496.86$0
Oct 200804,99475.246.92$34,568
Sep 200804,566101.767.88$35,967
Aug 200804,836114.228.48$41,024
Jul 200804,570131.0811.39$52,050
Jun 200804,419131.3313.03$57,591
May 200804,254123.1711.57$49,237
Apr 200804,333110.3110.45$45,301
Mar 200804,812101.909.66$46,504
Feb 200804,77292.538.77$41,853
Jan 2008805,53090.388.21$52,608
Dec 200705,80288.337.30$42,366
Nov 200705,07591.677.29$37,005
Oct 200706,90582.856.92$47,796
Sep 200705,33675.846.24$33,319
Aug 200707,15969.066.39$45,731
Jul 200706,32370.906.39$40,391
Jun 200707,77462.007.55$58,682
May 2007907,02858.747.85$60,430
Apr 200706,05159.617.81$47,229
Mar 200706,10256.927.30$44,557
Feb 200704,89255.108.22$40,193
Jan 200705,40050.306.73$36,325
Dec 200604,92556.656.92$34,073
Nov 200604,71254.207.62$35,894
Oct 200604,43454.906.01$26,665
Sep 200604,89060.085.04$24,632
Aug 2006904,28468.717.34$37,628
Jul 200604,60369.376.34$29,196
Jun 200604,45666.286.38$28,447
May 200604,57566.016.42$29,394
Apr 200604,60364.397.36$33,880
Mar 200604,33556.707.08$30,704
Feb 200604,02957.597.75$31,229
Jan 200604,62460.598.93$41,308
Dec 200504,36554.9413.42$58,558
Nov 200504,61354.6910.59$48,844
Oct 200505,19058.3413.80$71,600
Sep 20051075,07561.4512.08$67,876
Aug 200505,18861.519.80$50,826
Jul 200505,03055.697.84$39,454
Jun 200502,53452.337.38$18,704
May 200506,08545.226.65$40,472
Apr 200505,44949.207.36$40,107
Mar 200504,97750.377.15$35,610
Feb 20051054,83845.226.31$35,285
Jan 200504,98143.166.32$31,491
Dec 200405,49339.866.75$37,084
Nov 200404,25745.286.33$26,949
Oct 200404,47649.706.52$29,162
Sep 200404,90543.245.28$25,918
Aug 2004585,02442.375.55$30,344
Jul 200484,34438.286.08$26,736
Jun 200405,11136.106.43$32,879
May 200405,50637.486.49$35,759
Apr 200405,19134.475.86$30,411
Mar 200455,48034.365.53$30,477
Feb 200465,18732.455.51$28,773
Jan 2004865,48232.036.30$37,289
Dec 200365,77830.266.30$36,592
Nov 200305,63928.804.60$25,912
Oct 200365,66628.174.76$27,137
Sep 200385,86826.314.75$28,080
Aug 200305,87729.765.13$30,147
Jul 2003576,09529.415.17$33,193
Jun 200356,52428.565.98$39,176
May 200306,73226.595.97$40,208
Apr 2003106,19126.675.41$33,743
Mar 200306,65931.146.10$40,594
Feb 2003725,98733.487.93$49,863
Jan 200386,96230.315.58$39,105
Dec 200207,90026.914.85$38,345
Nov 200266,27524.664.14$26,107
Oct 2002336,37326.464.23$27,825
Sep 200266,45627.443.64$23,633
Aug 2002117,88525.963.16$25,235
Jul 200296,66224.583.06$20,619
Jun 20021116,18923.733.34$23,294
May 2002106,81724.663.58$24,679
Apr 200256,23223.653.51$22,007
Mar 200276,97122.003.10$21,783
Feb 20021196,64118.222.38$17,945
Jan 200277,06317.172.38$16,900
Dec 2001177,73816.932.36$18,584
Nov 200107,33018.072.41$17,632
Oct 20011038,18719.782.53$22,741
Sep 200106,87124.262.25$15,469
Aug 200106,84224.873.05$20,890
Jul 20011135,84723.933.20$21,397
Jun 200106,69824.563.82$25,614
May 200108,02525.524.31$34,566
Apr 200108,27724.685.34$44,160
Mar 200107,56724.545.38$40,684
Feb 200106,41027.755.77$36,967
Jan 2001998,35427.478.40$72,883
Dec 200008,57026.889.12$78,180
Nov 20001209,01432.215.66$54,866
Oct 2000010,05731.235.15$51,748
Sep 2000710,08031.875.19$52,503
Aug 20001010,03829.644.54$45,876
Jul 200014212,42128.534.09$54,850
Jun 200006,78629.304.40$29,840
May 200008,79427.263.68$32,360
Apr 20001868,84924.513.12$32,132
Mar 200007,56328.422.86$21,628
Feb 200038,19727.622.73$22,432
Jan 20001679,34025.272.48$27,388
Dec 199909,65224.282.42$23,394
Nov 19991609,84823.192.43$27,680
Oct 199909,93320.982.80$27,849
Sep 199915510,51421.752.62$30,906
Aug 1999010,47619.262.88$30,125
Jul 1999010,72117.892.37$25,434
Jun 199913911,06215.942.36$28,345
May 1999611,67315.792.32$27,188
Apr 199911611,12715.102.21$26,321
Mar 1999010,51812.471.84$19,336
Feb 19991829,7659.981.82$19,567
Jan 1999011,48810.381.90$21,827
Dec 19986211,8039.201.77$21,501
Nov 1998011,54010.892.19$25,223
Oct 19985712,23012.421.97$24,791
Sep 1998012,39012.592.08$25,804
Aug 19986012,24311.301.91$24,030
Jul 1998013,04611.742.24$29,187
Jun 19986214,64111.242.24$33,453
May 1998515,22212.622.21$33,648
Apr 19986114,83013.042.51$37,949
Mar 19986915,66112.802.31$37,051
Feb 1998214,59013.952.30$33,572
Jan 19985316,82214.702.15$37,027
Dec 19975318,13116.322.41$44,581
Nov 19974817,77918.193.09$55,779
Oct 19974518,02419.253.15$57,639
Sep 19973718,69117.742.95$55,886
Aug 19973521,06917.862.55$54,451
Jul 19979122,06317.582.25$51,174
Jun 19971924,00817.242.26$54,518
May 199719523,44318.972.31$57,817
Apr 19971524,86117.882.08$52,048
Mar 19971326,49118.951.94$51,616
Feb 199718825,12620.492.21$59,278
Jan 1997929,02423.483.54$102,948
Dec 199620241,00623.32$4,711
Nov 1996437,75021.97$88
Oct 199619146,13423.31$4,452
Sep 199620048,25122.22$4,444
Aug 19963260,84720.26$648
Jul 199621277,20419.55$4,145
Jun 19962680,06118.73$487
May 1996824,58319.43$155

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             0 bbl  × $106.41 =         $0
Gas                  643 Mcf  × $  3.05 =     $1,958

────────────────────────────────────────────────────
Month total                                   $1,958

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/159131 is the state's own key, not one this site invented.