WALLACE UNIT

Operated by CHEVRON U. S. A. INC. (P-5 148113) in the CARTHAGE (TRAVIS PEAK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 162852District 06Field 160328122 tax incentive programmesGasSaveExport
Value, all time
$438 k
Mar 1997 – Nov 2011
Value, last 12 filed months
$0
at the published price for each month
Months reported
177
no gaps in the span
Streams
1
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 873 leases and 896 wells, and the rule below applies to all of them.

Discovered
1943-06-10
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 2006-10-10.

The Commission's schedule remark for this field reads: (PETTIT, LOWER).

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 Gas112009-10-28195431
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
GasProduction104,195 Mcf$438,284
Total$438,284

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 32.1776, -94.1017. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.17756, -94.10165 · 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
9,640 ft
1 wells filed one
Completion to plug
14.7 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 9,640 ft.

Completions filed
Mar 1997
1 of 1 wells
Plug dates filed
Nov 2011
1 of 1 wells

Last completion to plug: a median of 14.7 years across the 1 well that filed both dates, with the middle half between 14.7 years and 14.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3653087529,640 ftMar 1997Nov 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 (177)

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

177 months

Nov 2011095.723.31$0
Oct 2011084.983.65$0
Sep 2011083.623.99$0
Aug 2011083.404.15$0
Jul 2011094.144.52$0
Jun 2011092.904.64$0
May 2011098.134.40$0
Apr 20110105.964.33$0
Mar 2011096.364.06$0
Feb 2011085.644.18$0
Jan 2011086.504.59$0
Dec 2010085.734.35$0
Nov 2010080.843.80$0
Oct 2010078.103.51$0
Sep 2010072.633.98$0
Aug 2010073.684.42$0
Jul 2010072.554.74$0
Jun 2010070.364.91$0
May 2010071.124.24$0
Apr 2010081.694.12$0
Mar 2010078.394.39$0
Feb 2010073.585.44$0
Jan 2010074.365.96$0
Dec 2009071.445.48$0
Nov 2009074.593.75$0
Oct 2009072.544.11$0
Sep 2009065.543.06$0
Aug 2009067.423.22$0
Jul 2009061.133.46$0
Jun 2009066.163.90$0
May 2009054.743.93$0
Apr 2009046.773.59$0
Mar 2009042.144.06$0
Feb 2009032.814.63$0
Jan 2009635.865.37$32
Dec 2008037.105.98$0
Nov 2008455.496.86$27
Oct 2008775.246.92$48
Sep 2008239101.767.88$1,883
Aug 200844114.228.48$373
Jul 200875131.0811.39$854
Jun 20089131.3313.03$117
May 2008211123.1711.57$2,442
Apr 2008465110.3110.45$4,862
Mar 2008377101.909.66$3,643
Feb 200837392.538.77$3,271
Jan 200837990.388.21$3,110
Dec 200735488.337.30$2,585
Nov 200735991.677.29$2,618
Oct 200736582.856.92$2,527
Sep 200734775.846.24$2,167
Aug 200738069.066.39$2,427
Jul 200738370.906.39$2,447
Jun 200718162.007.55$1,366
May 200718858.747.85$1,475
Apr 200726559.617.81$2,068
Mar 200728656.927.30$2,088
Feb 200730755.108.22$2,522
Jan 200745250.306.73$3,041
Dec 200665056.656.92$4,497
Nov 200644654.207.62$3,397
Oct 200623554.906.01$1,413
Sep 200631060.085.04$1,562
Aug 200636868.717.34$2,701
Jul 20069969.376.34$628
Jun 200630466.286.38$1,941
May 200641666.016.42$2,673
Apr 200645864.397.36$3,371
Mar 200647956.707.08$3,393
Feb 200641257.597.75$3,193
Jan 200640760.598.93$3,636
Dec 200537454.9413.42$5,017
Nov 200531654.6910.59$3,346
Oct 200535758.3413.80$4,925
Sep 200534061.4512.08$4,107
Aug 200535761.519.80$3,497
Jul 200538855.697.84$3,043
Jun 200537852.337.38$2,790
May 200541245.226.65$2,740
Apr 200540749.207.36$2,996
Mar 200546850.377.15$3,348
Feb 200549645.226.31$3,131
Jan 200567243.166.32$4,249
Dec 200467239.866.75$4,537
Nov 200456445.286.33$3,570
Oct 200455149.706.52$3,590
Sep 200454343.245.28$2,869
Aug 200458042.375.55$3,219
Jul 200451438.286.08$3,127
Jun 200448636.106.43$3,126
May 200449537.486.49$3,215
Apr 200451734.475.86$3,029
Mar 200459134.365.53$3,268
Feb 200460632.455.51$3,339
Jan 200463732.036.30$4,013
Dec 200367530.266.30$4,254
Nov 200371828.804.60$3,299
Oct 200360628.174.76$2,884
Sep 200374126.314.75$3,519
Aug 20031,03829.765.13$5,325
Jul 200392429.415.17$4,778
Jun 200390628.565.98$5,421
May 200392226.595.97$5,507
Apr 200386926.675.41$4,699
Mar 200392231.146.10$5,621
Feb 200383433.487.93$6,610
Jan 200387830.315.58$4,901
Dec 200279526.914.85$3,859
Nov 200278324.664.14$3,239
Oct 200279226.464.23$3,349
Sep 200292927.443.64$3,377
Aug 200288025.963.16$2,784
Jul 200279624.583.06$2,437
Jun 200287623.733.34$2,924
May 200261724.663.58$2,211
Apr 200281323.653.51$2,856
Mar 200276422.003.10$2,370
Feb 200273618.222.38$1,749
Jan 200267817.172.38$1,611
Dec 200166116.932.36$1,563
Nov 200169818.072.41$1,679
Oct 200172619.782.53$1,836
Sep 200183124.262.25$1,871
Aug 200182924.873.05$2,531
Jul 200185923.933.20$2,746
Jun 200171624.563.82$2,738
May 200170525.524.31$3,037
Apr 200167024.685.34$3,575
Mar 200179724.545.38$4,285
Feb 200172327.755.77$4,170
Jan 200160627.478.40$5,090
Dec 200078826.889.12$7,189
Nov 200087432.215.66$4,945
Oct 200092531.235.15$4,760
Sep 200095531.875.19$4,953
Aug 20001,03329.644.54$4,691
Jul 20001,03328.534.09$4,225
Jun 200097129.304.40$4,270
May 20001,08527.263.68$3,993
Apr 20001,03124.513.12$3,213
Mar 200092828.422.86$2,654
Feb 200088527.622.73$2,413
Jan 20001,02525.272.48$2,543
Dec 19991,18024.282.42$2,860
Nov 19991,12123.192.43$2,729
Oct 19991,17920.982.80$3,306
Sep 19991,13321.752.62$2,967
Aug 19991,07119.262.88$3,080
Jul 19991,05917.892.37$2,512
Jun 199994015.942.36$2,220
May 199996115.792.32$2,231
Apr 199979415.102.21$1,753
Mar 199990612.471.84$1,666
Feb 19998269.981.82$1,501
Jan 199993710.381.90$1,780
Dec 19988239.201.77$1,459
Nov 199880210.892.19$1,753
Oct 199876012.421.97$1,497
Sep 19981,06612.592.08$2,220
Aug 199891411.301.91$1,743
Jul 19981,06011.742.24$2,372
Jun 19981,12411.242.24$2,515
May 19981,15212.622.21$2,542
Apr 19981,17313.042.51$2,939
Mar 19981,21012.802.31$2,794
Feb 19981,08213.952.30$2,488
Jan 19981,63514.702.15$3,523
Dec 19971,86416.322.41$4,494
Nov 19971,60218.193.09$4,947
Oct 19971,77619.253.15$5,594
Sep 19971,11517.742.95$3,295
Aug 19971,89917.862.55$4,851
Jul 19972,09817.582.25$4,714
Jun 19972,11517.242.26$4,774
May 19972,40318.972.31$5,547
Apr 19972,04717.882.08$4,263
Mar 199716118.951.94$312

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.

Jan 2009 — as filed, then multipliedworked
Gas                    6 Mcf  × $  5.37 =        $32

────────────────────────────────────────────────────
Month total                                      $32

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/162852 is the state's own key, not one this site invented.