KELLY-LINCOLN UNIT

Name: KELLY-LINCOLN UNIT lease production and value, Apr 2003 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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

Gas lease lease 195514District 06Field 16032377CondensateGasSave Export

Value, all time

$1.4 M

Apr 2003 – Oct 2019

Value, last 12 filed months

at the published price for each month

Months reported

199

no gaps in the span

Streams

condensate, gas

The CARTHAGE (HILL, SOUTH) 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 16 leases and 16 wells, and the rule below applies to all of them.

Discovered

1948-04-16

as the register files it

Field class

Gas

the register's own label

Between wells

3,960 ft

minimum

From a lease line

1,320 ft

minimum

A drilling unit in this field needs at least 640 acres.

The Commission's schedule remark for this field reads: “ALLOCATION FORMULA SUSPENDED ADMINISTRATIVELY EFF. 4-1-94”

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	1,322 bbl	$131,881
Gas	Production	218,489 Mcf	$1,295,485
Total			$1,427,366

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 32.1790, -94.1799. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.17899, -94.17988 · 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

6,215 ft

1 wells filed one

Completion to plug

16.5 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 6,215 ft.

Completions filed

Apr 2003

1 of 1 wells

Plug dates filed

Oct 2019

1 of 1 wells

Last completion to plug: a median of 16.5 years across the 1 well that filed both dates, with the middle half between 16.5 years and 16.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-36501140	1	6,215 ft	Apr 2003	Oct 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 (199)

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

199 months


Oct 2019	0	0	53.47	2.42	$0
Sep 2019	0	0	55.05	2.66	$0
Aug 2019	0	0	53.11	2.30	$0
Jul 2019	0	0	56.27	2.46	$0
Jun 2019	0	0	52.78	2.49	$0
May 2019	0	0	58.48	2.74	$0
Apr 2019	0	0	62.63	2.75	$0
Mar 2019	0	0	56.80	3.06	$0
Feb 2019	0	0	50.85	2.79	$0
Jan 2019	0	0	46.03	3.23	$0
Dec 2018	0	0	46.59	4.19	$0
Nov 2018	0	0	52.93	4.24	$0
Oct 2018	0	0	61.44	3.40	$0
Sep 2018	0	0	59.54	3.11	$0
Aug 2018	0	0	59.40	3.07	$0
Jul 2018	0	0	65.14	2.93	$0
Jun 2018	0	0	60.18	3.08	$0
May 2018	0	0	65.38	2.90	$0
Apr 2018	0	0	63.84	2.90	$0
Mar 2018	0	0	61.22	2.79	$0
Feb 2018	0	0	61.78	2.77	$0
Jan 2018	0	0	62.87	4.01	$0
Dec 2017	0	0	57.27	2.92	$0
Nov 2017	0	0	55.42	3.12	$0
Oct 2017	0	0	49.29	2.98	$0
Sep 2017	0	0	47.52	3.09	$0
Aug 2017	0	0	45.37	3.00	$0
Jul 2017	0	0	43.87	3.09	$0
Jun 2017	0	0	42.49	3.09	$0
May 2017	0	0	45.37	3.26	$0
Apr 2017	0	0	47.93	3.21	$0
Mar 2017	0	0	46.77	2.98	$0
Feb 2017	0	0	50.45	2.95	$0
Jan 2017	0	0	49.41	3.42	$0
Dec 2016	0	0	48.76	3.72	$0
Nov 2016	0	0	42.49	2.64	$0
Oct 2016	0	0	46.19	3.09	$0
Sep 2016	0	0	41.55	3.10	$0
Aug 2016	0	0	41.44	2.92	$0
Jul 2016	0	0	41.62	2.92	$0
Jun 2016	0	0	45.35	2.69	$0
May 2016	0	0	42.52	1.99	$0
Apr 2016	0	0	36.56	1.99	$0
Mar 2016	0	0	33.01	1.79	$0
Feb 2016	0	311	26.47	2.06	$642
Jan 2016	0	733	27.35	2.36	$1,733
Dec 2015	0	742	32.36	2.00	$1,485
Nov 2015	0	738	38.79	2.17	$1,599
Oct 2015	0	758	43.55	2.43	$1,839
Sep 2015	0	723	42.99	2.76	$1,994
Aug 2015	0	753	40.16	2.87	$2,163
Jul 2015	0	757	48.15	2.95	$2,229
Jun 2015	0	709	56.15	2.88	$2,044
May 2015	0	744	55.21	2.96	$2,199
Apr 2015	0	731	49.82	2.71	$1,979
Mar 2015	0	719	42.89	2.93	$2,110
Feb 2015	0	636	44.66	2.98	$1,893
Jan 2015	0	706	43.43	3.10	$2,189
Dec 2014	0	726	54.69	3.59	$2,607
Nov 2014	0	740	70.46	4.25	$3,146
Oct 2014	0	751	78.30	3.90	$2,930
Sep 2014	2	728	86.16	4.05	$3,117
Aug 2014	19	725	89.39	4.04	$4,624
Jul 2014	13	757	96.56	4.18	$4,419
Jun 2014	13	746	98.16	4.74	$4,810
May 2014	18	743	94.73	4.73	$5,217
Apr 2014	12	755	95.94	4.81	$4,782
Mar 2014	17	795	95.89	5.06	$5,650
Feb 2014	14	730	97.40	6.19	$5,884
Jan 2014	1	836	90.40	4.86	$4,154
Dec 2013	0	856	91.82	4.35	$3,727
Nov 2013	0	824	88.85	3.74	$3,080
Oct 2013	0	857	97.42	3.78	$3,239
Sep 2013	0	796	104.11	3.72	$2,959
Aug 2013	0	824	104.25	3.52	$2,903
Jul 2013	0	788	102.52	3.72	$2,930
Jun 2013	0	810	94.40	3.93	$3,186
May 2013	0	834	94.83	4.15	$3,460
Apr 2013	0	668	93.96	4.28	$2,861
Mar 2013	0	677	93.62	3.91	$2,649
Feb 2013	6	498	91.23	3.42	$2,251
Jan 2013	18	711	91.60	3.42	$4,080
Dec 2012	15	791	86.77	3.42	$4,007
Nov 2012	13	748	86.95	3.62	$3,842
Oct 2012	17	752	89.38	3.40	$4,076
Sep 2012	12	841	94.67	2.92	$3,590
Aug 2012	11	793	92.66	2.91	$3,325
Jul 2012	8	752	85.13	3.02	$2,953
Jun 2012	5	695	79.82	2.52	$2,150
May 2012	6	692	91.61	2.49	$2,272
Apr 2012	6	672	101.65	2.00	$1,952
Mar 2012	7	703	105.05	2.22	$2,297
Feb 2012	7	661	101.10	2.57	$2,407
Jan 2012	8	805	98.09	2.73	$2,986
Dec 2011	4	724	96.87	3.24	$2,733
Nov 2011	4	754	95.72	3.31	$2,880
Oct 2011	3	854	84.98	3.65	$3,371
Sep 2011	3	835	83.62	3.99	$3,579
Aug 2011	1	521	83.40	4.15	$2,245
Jul 2011	0	841	94.14	4.52	$3,799
Jun 2011	0	895	92.90	4.64	$4,153
May 2011	0	914	98.13	4.40	$4,026
Apr 2011	0	1,006	105.96	4.33	$4,359
Mar 2011	0	1,340	96.36	4.06	$5,437
Feb 2011	0	692	85.64	4.18	$2,893
Jan 2011	0	1,072	86.50	4.59	$4,919
Dec 2010	0	1,131	85.73	4.35	$4,917
Nov 2010	0	1,126	80.84	3.80	$4,274
Oct 2010	0	1,184	78.10	3.51	$4,155
Sep 2010	0	1,139	72.63	3.98	$4,533
Aug 2010	0	1,186	73.68	4.42	$5,241
Jul 2010	0	1,126	72.55	4.74	$5,333
Jun 2010	0	1,175	70.36	4.91	$5,770
May 2010	0	1,260	71.12	4.24	$5,336
Apr 2010	0	1,248	81.69	4.12	$5,145
Mar 2010	0	1,315	78.39	4.39	$5,771
Feb 2010	0	1,173	73.58	5.44	$6,384
Jan 2010	0	1,151	74.36	5.96	$6,865
Dec 2009	0	1,122	71.44	5.48	$6,153
Nov 2009	0	1,171	74.59	3.75	$4,393
Oct 2009	0	1,222	72.54	4.11	$5,023
Sep 2009	0	1,051	65.54	3.06	$3,221
Aug 2009	0	1,166	67.42	3.22	$3,753
Jul 2009	0	1,185	61.13	3.46	$4,105
Jun 2009	0	1,168	66.16	3.90	$4,549
May 2009	0	1,220	54.74	3.93	$4,789
Apr 2009	0	1,171	46.77	3.59	$4,201
Mar 2009	0	1,165	42.14	4.06	$4,729
Feb 2009	0	1,077	32.81	4.63	$4,990
Jan 2009	0	1,306	35.86	5.37	$7,015
Dec 2008	0	1,383	37.10	5.98	$8,266
Nov 2008	0	1,180	55.49	6.86	$8,095
Oct 2008	0	1,118	75.24	6.92	$7,739
Sep 2008	0	1,201	101.76	7.88	$9,460
Aug 2008	10	1,333	114.22	8.48	$12,450
Jul 2008	83	1,534	131.08	11.39	$28,351
Jun 2008	101	1,474	131.33	13.03	$32,474
May 2008	112	1,586	123.17	11.57	$32,152
Apr 2008	139	1,553	110.31	10.45	$31,569
Mar 2008	139	1,646	101.90	9.66	$30,071
Feb 2008	124	1,574	92.53	8.77	$25,279
Jan 2008	65	1,582	90.38	8.21	$18,856
Dec 2007	42	1,677	88.33	7.30	$15,955
Nov 2007	42	1,694	91.67	7.29	$16,202
Oct 2007	37	1,645	82.85	6.92	$14,452
Sep 2007	36	1,713	75.84	6.24	$13,426
Aug 2007	32	1,842	69.06	6.39	$13,977
Jul 2007	18	1,722	70.90	6.39	$12,276
Jun 2007	17	1,717	62.00	7.55	$14,015
May 2007	16	1,820	58.74	7.85	$15,220
Apr 2007	17	1,820	59.61	7.81	$15,219
Mar 2007	19	1,419	56.92	7.30	$11,443
Feb 2007	10	1,525	55.10	8.22	$13,080
Jan 2007	0	1,665	50.30	6.73	$11,200
Dec 2006	0	1,784	56.65	6.92	$12,343
Nov 2006	0	1,173	54.20	7.62	$8,935
Oct 2006	0	1,685	54.90	6.01	$10,133
Sep 2006	0	1,848	60.08	5.04	$9,309
Aug 2006	0	2,055	68.71	7.34	$15,084
Jul 2006	0	1,664	69.37	6.34	$10,554
Jun 2006	0	1,666	66.28	6.38	$10,636
May 2006	0	1,807	66.01	6.42	$11,610
Apr 2006	0	1,796	64.39	7.36	$13,219
Mar 2006	0	1,895	56.70	7.08	$13,422
Feb 2006	0	1,720	57.59	7.75	$13,332
Jan 2006	0	1,846	60.59	8.93	$16,491
Dec 2005	0	1,865	54.94	13.42	$25,020
Nov 2005	0	1,819	54.69	10.59	$19,260
Oct 2005	0	1,953	58.34	13.80	$26,943
Sep 2005	0	1,683	61.45	12.08	$20,329
Aug 2005	0	1,969	61.51	9.80	$19,290
Jul 2005	0	1,982	55.69	7.84	$15,546
Jun 2005	0	1,924	52.33	7.38	$14,201
May 2005	0	2,055	45.22	6.65	$13,668
Apr 2005	0	1,995	49.20	7.36	$14,684
Mar 2005	0	2,115	50.37	7.15	$15,133
Feb 2005	0	1,947	45.22	6.31	$12,289
Jan 2005	0	2,037	43.16	6.32	$12,878
Dec 2004	0	2,048	39.86	6.75	$13,826
Nov 2004	0	2,009	45.28	6.33	$12,718
Oct 2004	0	2,089	49.70	6.52	$13,610
Sep 2004	0	2,053	43.24	5.28	$10,848
Aug 2004	0	2,470	42.37	5.55	$13,710
Jul 2004	0	2,558	38.28	6.08	$15,563
Jun 2004	0	2,501	36.10	6.43	$16,089
May 2004	0	2,708	37.48	6.49	$17,587
Apr 2004	0	2,664	34.47	5.86	$15,607
Mar 2004	0	2,861	34.36	5.53	$15,822
Feb 2004	0	3,004	32.45	5.51	$16,551
Jan 2004	0	3,170	32.03	6.30	$19,970
Dec 2003	0	3,531	30.26	6.30	$22,251
Nov 2003	0	3,712	28.80	4.60	$17,057
Oct 2003	0	3,880	28.17	4.76	$18,467
Sep 2003	0	5,059	26.31	4.75	$24,027
Aug 2003	0	4,822	29.76	5.13	$24,736
Jul 2003	0	2,849	29.41	5.17	$14,732
Jun 2003	0	3,005	28.56	5.98	$17,979
May 2003	0	3,471	26.59	5.97	$20,731
Apr 2003	0	793	26.67	5.41	$4,288

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.

Feb 2016 — as filed, then multipliedworked

Condensate             0 bbl  × $ 26.47 =         $0
Gas                  311 Mcf  × $  2.06 =       $642

────────────────────────────────────────────────────
Month total                                     $642

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/195514 is the state's own key, not one this site invented.