LAKE CHEROKEE GAS UNIT NO. 1

Name: LAKE CHEROKEE GAS UNIT NO. 1 lease production and value, Dec 1996 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by VERADO ENERGY, INC. (P-5 884563) 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 161873District 06Field 664612752 tax incentive programmesCondensateGasSave Export

Value, all time

$5.3 M

Dec 1996 – May 2019

Value, last 12 filed months

$32 k

at the published price for each month

Months reported

270

no gaps in the span

Streams

condensate, gas

The OAK HILL (COTTON VALLEY) field

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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	1997-05-05	136549
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	3,668 bbl	$118,254
Gas	Production	1,259,252 Mcf	$5,163,804
Total			$5,282,058

31,640 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 32.3818, -94.6212. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.38177, -94.62120 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

10,715 ft

1 wells filed one

Completion to plug

20.7 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 10,715 ft.

Completions filed

Sep 1998

1 of 1 wells

Plug dates filed

May 2019

1 of 1 wells

Last completion to plug: a median of 20.7 years across the 1 well that filed both dates, with the middle half between 20.7 years and 20.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-18331260	3	10,715 ft	Sep 1998	May 2019	Yes

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 (270)

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

270 months


May 2019	0	490	58.48	2.74	$1,343
Apr 2019	8	863	62.63	2.75	$2,875
Mar 2019	0	623	56.80	3.06	$1,908
Feb 2019	0	580	50.85	2.79	$1,619
Jan 2019	0	819	46.03	3.23	$2,644
Dec 2018	0	854	46.59	4.19	$3,574
Nov 2018	0	850	52.93	4.24	$3,602
Oct 2018	0	862	61.44	3.40	$2,929
Sep 2018	0	982	59.54	3.11	$3,052
Aug 2018	9	1,052	59.40	3.07	$3,761
Jul 2018	0	944	65.14	2.93	$2,768
Jun 2018	1	720	60.18	3.08	$2,276
May 2018	0	608	65.38	2.90	$1,764
Apr 2018	0	632	63.84	2.90	$1,833
Mar 2018	11	391	61.22	2.79	$1,763
Feb 2018	0	519	61.78	2.77	$1,436
Jan 2018	0	659	62.87	4.01	$2,642
Dec 2017	0	561	57.27	2.92	$1,639
Nov 2017	0	608	55.42	3.12	$1,896
Oct 2017	0	583	49.29	2.98	$1,739
Sep 2017	0	976	47.52	3.09	$3,013
Aug 2017	0	1,051	45.37	3.00	$3,158
Jul 2017	0	532	43.87	3.09	$1,642
Jun 2017	0	818	42.49	3.09	$2,525
May 2017	0	875	45.37	3.26	$2,855
Apr 2017	0	748	47.93	3.21	$2,402
Mar 2017	9	706	46.77	2.98	$2,527
Feb 2017	0	621	50.45	2.95	$1,834
Jan 2017	0	765	49.41	3.42	$2,615
Dec 2016	0	911	48.76	3.72	$3,392
Nov 2016	0	860	42.49	2.64	$2,274
Oct 2016	0	1,183	46.19	3.09	$3,656
Sep 2016	0	928	41.55	3.10	$2,877
Aug 2016	0	1,105	41.44	2.92	$3,231
Jul 2016	0	860	41.62	2.92	$2,515
Jun 2016	0	995	45.35	2.69	$2,672
May 2016	0	814	42.52	1.99	$1,621
Apr 2016	0	811	36.56	1.99	$1,615
Mar 2016	0	1,098	33.01	1.79	$1,970
Feb 2016	6	701	26.47	2.06	$1,605
Jan 2016	0	774	27.35	2.36	$1,830
Dec 2015	0	1,205	32.36	2.00	$2,412
Nov 2015	0	1,316	38.79	2.17	$2,852
Oct 2015	0	1,554	43.55	2.43	$3,771
Sep 2015	0	1,759	42.99	2.76	$4,852
Aug 2015	2	1,486	40.16	2.87	$4,349
Jul 2015	1	1,449	48.15	2.95	$4,316
Jun 2015	0	1,797	56.15	2.88	$5,181
May 2015	1	2,293	55.21	2.96	$6,832
Apr 2015	17	1,615	49.82	2.71	$5,218
Mar 2015	0	1,246	42.89	2.93	$3,657
Feb 2015	0	1,077	44.66	2.98	$3,205
Jan 2015	0	1,195	43.43	3.10	$3,705
Dec 2014	0	1,348	54.69	3.59	$4,841
Nov 2014	0	1,086	70.46	4.25	$4,618
Oct 2014	0	1,255	78.30	3.90	$4,896
Sep 2014	0	1,122	86.16	4.05	$4,539
Aug 2014	0	1,561	89.39	4.04	$6,299
Jul 2014	0	1,533	96.56	4.18	$6,407
Jun 2014	1	1,473	98.16	4.74	$7,076
May 2014	0	1,450	94.73	4.73	$6,854
Apr 2014	10	1,256	95.94	4.81	$7,000
Mar 2014	0	1,201	95.89	5.06	$6,073
Feb 2014	0	1,268	97.40	6.19	$7,851
Jan 2014	10	1,452	90.40	4.86	$7,962
Dec 2013	0	1,553	91.82	4.35	$6,763
Nov 2013	0	1,448	88.85	3.74	$5,413
Oct 2013	0	1,480	97.42	3.78	$5,593
Sep 2013	12	1,439	104.11	3.72	$6,599
Aug 2013	0	1,088	104.25	3.52	$3,833
Jul 2013	0	1,124	102.52	3.72	$4,179
Jun 2013	0	1,494	94.40	3.93	$5,877
May 2013	12	1,344	94.83	4.15	$6,714
Apr 2013	2	1,471	93.96	4.28	$6,488
Mar 2013	7	1,305	93.62	3.91	$5,762
Feb 2013	0	1,085	91.23	3.42	$3,711
Jan 2013	0	1,262	91.60	3.42	$4,316
Dec 2012	9	1,299	86.77	3.42	$5,224
Nov 2012	0	1,487	86.95	3.62	$5,390
Oct 2012	0	1,378	89.38	3.40	$4,685
Sep 2012	9	1,227	94.67	2.92	$4,433
Aug 2012	0	1,433	92.66	2.91	$4,167
Jul 2012	0	1,188	85.13	3.02	$3,589
Jun 2012	1	1,149	79.82	2.52	$2,974
May 2012	0	1,369	91.61	2.49	$3,407
Apr 2012	0	1,383	101.65	2.00	$2,762
Mar 2012	0	1,276	105.05	2.22	$2,835
Feb 2012	9	1,322	101.10	2.57	$4,308
Jan 2012	0	1,416	98.09	2.73	$3,871
Dec 2011	0	1,872	96.87	3.24	$6,065
Nov 2011	0	1,845	95.72	3.31	$6,109
Oct 2011	0	1,952	84.98	3.65	$7,122
Sep 2011	10	2,017	83.62	3.99	$8,876
Aug 2011	0	1,512	83.40	4.15	$6,274
Jul 2011	1	1,801	94.14	4.52	$8,230
Jun 2011	1	1,835	92.90	4.64	$8,607
May 2011	13	2,120	98.13	4.40	$10,614
Apr 2011	0	1,624	105.96	4.33	$7,037
Mar 2011	0	2,094	96.36	4.06	$8,496
Feb 2011	1	1,872	85.64	4.18	$7,911
Jan 2011	9	2,199	86.50	4.59	$10,869
Dec 2010	1	2,392	85.73	4.35	$10,486
Nov 2010	0	2,089	80.84	3.80	$7,928
Oct 2010	1	2,270	78.10	3.51	$8,043
Sep 2010	1	1,572	72.63	3.98	$6,328
Aug 2010	0	654	73.68	4.42	$2,890
Jul 2010	0	941	72.55	4.74	$4,457
Jun 2010	0	921	70.36	4.91	$4,522
May 2010	4	1,047	71.12	4.24	$4,719
Apr 2010	0	876	81.69	4.12	$3,611
Mar 2010	6	1,150	78.39	4.39	$5,517
Feb 2010	0	908	73.58	5.44	$4,942
Jan 2010	4	1,061	74.36	5.96	$6,625
Dec 2009	6	1,585	71.44	5.48	$9,120
Nov 2009	8	1,875	74.59	3.75	$7,631
Oct 2009	0	2,007	72.54	4.11	$8,249
Sep 2009	10	2,204	65.54	3.06	$7,410
Aug 2009	0	2,010	67.42	3.22	$6,469
Jul 2009	0	1,731	61.13	3.46	$5,997
Jun 2009	8	1,918	66.16	3.90	$8,000
May 2009	7	1,886	54.74	3.93	$7,787
Apr 2009	7	2,156	46.77	3.59	$8,062
Mar 2009	0	2,373	42.14	4.06	$9,632
Feb 2009	7	2,179	32.81	4.63	$10,325
Jan 2009	8	2,311	35.86	5.37	$12,699
Dec 2008	6	1,541	37.10	5.98	$9,433
Nov 2008	0	1,089	55.49	6.86	$7,471
Oct 2008	4	1,632	75.24	6.92	$11,598
Sep 2008	4	1,149	101.76	7.88	$9,458
Aug 2008	4	1,035	114.22	8.48	$9,237
Jul 2008	0	1,173	131.08	11.39	$13,360
Jun 2008	6	1,718	131.33	13.03	$23,178
May 2008	4	2,611	123.17	11.57	$30,713
Apr 2008	7	2,980	110.31	10.45	$31,928
Mar 2008	7	3,023	101.90	9.66	$29,928
Feb 2008	12	2,887	92.53	8.77	$26,431
Jan 2008	7	3,189	90.38	8.21	$26,801
Dec 2007	9	3,935	88.33	7.30	$29,528
Nov 2007	7	2,965	91.67	7.29	$22,262
Oct 2007	17	3,407	82.85	6.92	$24,992
Sep 2007	8	2,282	75.84	6.24	$14,856
Aug 2007	24	3,658	69.06	6.39	$25,025
Jul 2007	0	3,812	70.90	6.39	$24,351
Jun 2007	13	4,015	62.00	7.55	$31,113
May 2007	11	3,505	58.74	7.85	$28,147
Apr 2007	14	4,594	59.61	7.81	$36,692
Mar 2007	40	4,697	56.92	7.30	$36,574
Feb 2007	20	4,092	55.10	8.22	$34,722
Jan 2007	17	2,407	50.30	6.73	$17,047
Dec 2006	15	4,582	56.65	6.92	$32,550
Nov 2006	22	3,779	54.20	7.62	$29,979
Oct 2006	11	3,321	54.90	6.01	$20,576
Sep 2006	12	4,829	60.08	5.04	$25,046
Aug 2006	12	4,505	68.71	7.34	$33,891
Jul 2006	11	5,053	69.37	6.34	$32,813
Jun 2006	35	3,826	66.28	6.38	$26,745
May 2006	29	5,234	66.01	6.42	$35,543
Apr 2006	30	7,185	64.39	7.36	$54,817
Mar 2006	35	7,255	56.70	7.08	$53,371
Feb 2006	35	5,447	57.59	7.75	$44,236
Jan 2006	15	6,036	60.59	8.93	$54,830
Dec 2005	18	7,940	54.94	13.42	$107,507
Nov 2005	37	7,246	54.69	10.59	$78,747
Oct 2005	0	7,662	58.34	13.80	$105,703
Sep 2005	14	6,533	61.45	12.08	$79,772
Aug 2005	3	5,381	61.51	9.80	$52,901
Jul 2005	9	7,024	55.69	7.84	$55,595
Jun 2005	0	5,527	52.33	7.38	$40,795
May 2005	22	6,271	45.22	6.65	$42,704
Apr 2005	33	5,958	49.20	7.36	$45,477
Mar 2005	0	4,818	50.37	7.15	$34,472
Feb 2005	26	6,161	45.22	6.31	$40,063
Jan 2005	0	5,489	43.16	6.32	$34,703
Dec 2004	0	4,756	39.86	6.75	$32,108
Nov 2004	0	4,631	45.28	6.33	$29,316
Oct 2004	24	6,320	49.70	6.52	$42,368
Sep 2004	0	4,048	43.24	5.28	$21,389
Aug 2004	0	4,982	42.37	5.55	$27,653
Jul 2004	0	7,659	38.28	6.08	$46,599
Jun 2004	0	5,506	36.10	6.43	$35,420
May 2004	22	7,333	37.48	6.49	$48,449
Apr 2004	0	7,120	34.47	5.86	$41,712
Mar 2004	44	6,711	34.36	5.53	$38,625
Feb 2004	0	5,595	32.45	5.51	$30,826
Jan 2004	0	6,303	32.03	6.30	$39,707
Dec 2003	46	6,886	30.26	6.30	$44,785
Nov 2003	0	6,053	28.80	4.60	$27,815
Oct 2003	34	5,651	28.17	4.76	$27,855
Sep 2003	0	6,402	26.31	4.75	$30,405
Aug 2003	0	6,136	29.76	5.13	$31,476
Jul 2003	0	6,612	29.41	5.17	$34,190
Jun 2003	0	6,651	28.56	5.98	$39,793
May 2003	0	7,283	26.59	5.97	$43,499
Apr 2003	0	7,754	26.67	5.41	$41,928
Mar 2003	40	7,959	31.14	6.10	$49,764
Feb 2003	0	6,066	33.48	7.93	$48,078
Jan 2003	0	7,111	30.31	5.58	$39,694
Dec 2002	0	8,164	26.91	4.85	$39,626
Nov 2002	0	8,079	24.66	4.14	$33,423
Oct 2002	0	8,045	26.46	4.23	$34,023
Sep 2002	0	8,526	27.44	3.64	$30,994
Aug 2002	49	8,918	25.96	3.16	$29,490
Jul 2002	0	7,127	24.58	3.06	$21,821
Jun 2002	80	8,389	23.73	3.34	$29,903
May 2002	0	7,292	24.66	3.58	$26,135
Apr 2002	0	8,463	23.65	3.51	$29,725
Mar 2002	45	10,350	22.00	3.10	$33,103
Feb 2002	42	8,230	18.22	2.38	$20,317
Jan 2002	3	11,186	17.17	2.38	$26,626
Dec 2001	0	11,258	16.93	2.36	$26,618
Nov 2001	44	9,115	18.07	2.41	$22,721
Oct 2001	52	9,564	19.78	2.53	$25,215
Sep 2001	85	9,587	24.26	2.25	$23,646
Aug 2001	96	13,557	24.87	3.05	$43,779
Jul 2001	2	15,908	23.93	3.20	$50,907
Jun 2001	0	2,346	24.56	3.82	$8,971
May 2001	22	4,329	25.52	4.31	$19,208
Apr 2001	2	4,030	24.68	5.34	$21,551
Mar 2001	40	4,309	24.54	5.38	$24,149
Feb 2001	1	3,884	27.75	5.77	$22,427
Jan 2001	2	4,875	27.47	8.40	$40,999
Dec 2000	74	5,105	26.88	9.12	$48,559
Nov 2000	2	5,553	32.21	5.66	$31,483
Oct 2000	2	5,912	31.23	5.15	$30,483
Sep 2000	2	5,892	31.87	5.19	$30,623
Aug 2000	91	6,297	29.64	4.54	$31,290
Jul 2000	3	7,282	28.53	4.09	$29,867
Jun 2000	37	4,973	29.30	4.40	$22,952
May 2000	1	2,754	27.26	3.68	$10,161
Apr 2000	2	5,998	24.51	3.12	$18,739
Mar 2000	0	6,335	28.42	2.86	$18,117
Feb 2000	35	6,029	27.62	2.73	$17,405
Jan 2000	39	6,561	25.27	2.48	$17,260
Dec 1999	3	6,956	24.28	2.42	$16,932
Nov 1999	0	7,264	23.19	2.43	$17,681
Oct 1999	27	7,732	20.98	2.80	$22,245
Sep 1999	0	7,948	21.75	2.62	$20,815
Aug 1999	72	8,032	19.26	2.88	$24,484
Jul 1999	0	7,829	17.89	2.37	$18,573
Jun 1999	0	8,669	15.94	2.36	$20,477
May 1999	71	11,329	15.79	2.32	$27,416
Apr 1999	0	9,108	15.10	2.21	$20,111
Mar 1999	81	10,734	12.47	1.84	$20,743
Feb 1999	0	10,882	9.98	1.82	$19,781
Jan 1999	84	14,560	10.38	1.90	$28,535
Dec 1998	0	17,930	9.20	1.77	$31,796
Nov 1998	71	20,285	10.89	2.19	$45,111
Oct 1998	74	26,162	12.42	1.97	$52,438
Sep 1998	0	18,667	12.59	2.08	$38,876
Aug 1998	88	17,461	11.30	1.91	$34,299
Jul 1998	0	12,985	11.74	2.24	$29,051
Jun 1998	0	6,665	11.24	2.24	$14,911
May 1998	0	7,824	12.62	2.21	$17,262
Apr 1998	57	8,157	13.04	2.51	$21,179
Mar 1998	0	7,921	12.80	2.31	$18,293
Feb 1998	70	8,582	13.95	2.30	$20,708
Jan 1998	43	8,798	14.70	2.15	$19,590
Dec 1997	39	9,191	16.32	2.41	$22,797
Nov 1997	0	11,546	18.19	3.09	$35,657
Oct 1997	68	12,520	19.25	3.15	$40,745
Sep 1997	67	13,651	17.74	2.95	$41,526
Aug 1997	0	4,078	17.86	2.55	$10,418
Jul 1997	28	7,857	17.58	2.25	$18,146
Jun 1997	35	14,245	17.24	2.26	$32,757
May 1997	50	15,186	18.97	2.31	$36,005
Apr 1997	86	16,087	17.88	2.08	$35,043
Mar 1997	150	19,827	18.95	1.94	$41,290
Feb 1997	90	19,542	20.49	2.21	$44,952
Jan 1997	103	29,986	23.48	3.54	$108,560
Dec 1996	223	31,640	23.32	—	$5,200

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.

May 2019 — as filed, then multipliedworked

Condensate             0 bbl  × $ 58.48 =         $0
Gas                  490 Mcf  × $  2.74 =     $1,343

────────────────────────────────────────────────────
Month total                                   $1,343

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/161873 is the state's own key, not one this site invented.