WOOD "D"

Name: WOOD "D" lease production and value, May 2004 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by CHINN EXPLORATION COMPANY (P-5 149423) 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 203268District 06Field 664612752 tax incentive programmesCondensateGasSave Export

Value, all time

$4.6 M

May 2004 – Dec 2013

Value, last 12 filed months

$65 k

at the published price for each month

Months reported

116

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	2004-09-30	158412
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	853 bbl	$51,145
Gas	Production	675,717 Mcf	$4,507,891
Total			$4,559,036

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 32.4006, -94.6677. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.40057, -94.66766 · 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

10,850 ft

1 wells filed one

Completion to plug

9.6 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 10,850 ft.

Completions filed

May 2004

1 of 1 wells

Plug dates filed

Dec 2013

1 of 1 wells

Last completion to plug: a median of 9.6 years across the 1 well that filed both dates, with the middle half between 9.6 years and 9.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-18331654	7	10,850 ft	May 2004	Dec 2013	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 (116)

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

116 months


Dec 2013	82	0	91.82	4.35	$7,529
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	1,448	104.11	3.72	$5,383
Aug 2013	0	2,102	104.25	3.52	$7,405
Jul 2013	0	1,876	102.52	3.72	$6,974
Jun 2013	0	1,643	94.40	3.93	$6,463
May 2013	1	1,787	94.83	4.15	$7,509
Apr 2013	0	1,632	93.96	4.28	$6,989
Mar 2013	1	1,498	93.62	3.91	$5,955
Feb 2013	2	1,204	91.23	3.42	$4,300
Jan 2013	1	1,745	91.60	3.42	$6,059
Dec 2012	0	1,256	86.77	3.42	$4,296
Nov 2012	1	1,817	86.95	3.62	$6,674
Oct 2012	1	1,521	89.38	3.40	$5,260
Sep 2012	1	1,284	94.67	2.92	$3,842
Aug 2012	0	1,467	92.66	2.91	$4,266
Jul 2012	0	1,624	85.13	3.02	$4,906
Jun 2012	0	1,471	79.82	2.52	$3,706
May 2012	0	1,501	91.61	2.49	$3,735
Apr 2012	0	1,397	101.65	2.00	$2,790
Mar 2012	0	1,679	105.05	2.22	$3,731
Feb 2012	0	1,538	101.10	2.57	$3,953
Jan 2012	1	1,744	98.09	2.73	$4,866
Dec 2011	0	1,560	96.87	3.24	$5,054
Nov 2011	1	1,784	95.72	3.31	$6,003
Oct 2011	0	1,809	84.98	3.65	$6,600
Sep 2011	1	1,560	83.62	3.99	$6,301
Aug 2011	1	1,738	83.40	4.15	$7,295
Jul 2011	0	2,365	94.14	4.52	$10,683
Jun 2011	1	2,198	92.90	4.64	$10,291
May 2011	0	2,143	98.13	4.40	$9,440
Apr 2011	1	2,282	105.96	4.33	$9,995
Mar 2011	0	2,238	96.36	4.06	$9,080
Feb 2011	1	1,986	85.64	4.18	$8,387
Jan 2011	0	2,210	86.50	4.59	$10,141
Dec 2010	1	1,761	85.73	4.35	$7,742
Nov 2010	1	1,812	80.84	3.80	$6,958
Oct 2010	3	1,843	78.10	3.51	$6,701
Sep 2010	1	1,205	72.63	3.98	$4,868
Aug 2010	1	1,492	73.68	4.42	$6,667
Jul 2010	1	1,833	72.55	4.74	$8,755
Jun 2010	2	1,894	70.36	4.91	$9,441
May 2010	0	1,885	71.12	4.24	$7,983
Apr 2010	1	1,864	81.69	4.12	$7,766
Mar 2010	2	2,057	78.39	4.39	$9,184
Feb 2010	1	1,830	73.58	5.44	$10,033
Jan 2010	0	2,110	74.36	5.96	$12,584
Dec 2009	0	2,020	71.44	5.48	$11,077
Nov 2009	1	2,087	74.59	3.75	$7,904
Oct 2009	0	2,285	72.54	4.11	$9,392
Sep 2009	1	2,118	65.54	3.06	$6,557
Aug 2009	0	2,278	67.42	3.22	$7,332
Jul 2009	166	2,213	61.13	3.46	$17,815
Jun 2009	0	2,628	66.16	3.90	$10,236
May 2009	6	2,585	54.74	3.93	$10,477
Apr 2009	0	2,903	46.77	3.59	$10,415
Mar 2009	0	2,716	42.14	4.06	$11,024
Feb 2009	0	2,505	32.81	4.63	$11,606
Jan 2009	1	2,960	35.86	5.37	$15,934
Dec 2008	1	2,893	37.10	5.98	$17,329
Nov 2008	1	2,799	55.49	6.86	$19,258
Oct 2008	1	2,981	75.24	6.92	$20,710
Sep 2008	2	2,875	101.76	7.88	$22,850
Aug 2008	2	3,121	114.22	8.48	$26,704
Jul 2008	1	3,235	131.08	11.39	$36,976
Jun 2008	1	3,323	131.33	13.03	$43,439
May 2008	2	3,393	123.17	11.57	$39,518
Apr 2008	1	3,365	110.31	10.45	$35,291
Mar 2008	1	3,265	101.90	9.66	$31,655
Feb 2008	6	3,136	92.53	8.77	$28,060
Jan 2008	1	3,333	90.38	8.21	$27,440
Dec 2007	1	3,232	88.33	7.30	$23,688
Nov 2007	1	2,954	91.67	7.29	$21,631
Oct 2007	1	3,896	82.85	6.92	$27,051
Sep 2007	2	3,909	75.84	6.24	$24,560
Aug 2007	2	4,356	69.06	6.39	$27,964
Jul 2007	2	4,254	70.90	6.39	$27,316
Jun 2007	2	4,855	62.00	7.55	$36,772
May 2007	5	5,922	58.74	7.85	$46,759
Apr 2007	6	5,317	59.61	7.81	$41,858
Mar 2007	2	5,534	56.92	7.30	$40,523
Feb 2007	2	4,416	55.10	8.22	$36,392
Jan 2007	3	5,199	50.30	6.73	$35,124
Dec 2006	183	5,282	56.65	6.92	$46,910
Nov 2006	6	5,885	54.20	7.62	$45,154
Oct 2006	1	5,823	54.90	6.01	$35,073
Sep 2006	3	5,850	60.08	5.04	$29,648
Aug 2006	3	6,231	68.71	7.34	$45,941
Jul 2006	2	6,145	69.37	6.34	$39,115
Jun 2006	6	6,320	66.28	6.38	$40,744
May 2006	2	6,960	66.01	6.42	$44,850
Apr 2006	2	6,788	64.39	7.36	$50,092
Mar 2006	1	7,249	56.70	7.08	$51,401
Feb 2006	1	6,419	57.59	7.75	$49,812
Jan 2006	2	7,324	60.59	8.93	$65,549
Dec 2005	4	7,244	54.94	13.42	$97,401
Nov 2005	2	9,250	54.69	10.59	$98,052
Oct 2005	1	10,596	58.34	13.80	$146,238
Sep 2005	3	10,142	61.45	12.08	$122,690
Aug 2005	0	12,933	61.51	9.80	$126,703
Jul 2005	13	12,842	55.69	7.84	$101,452
Jun 2005	4	10,937	52.33	7.38	$80,936
May 2005	5	11,942	45.22	6.65	$79,654
Apr 2005	8	12,011	49.20	7.36	$88,800
Mar 2005	3	15,144	50.37	7.15	$108,505
Feb 2005	4	14,520	45.22	6.31	$91,830
Jan 2005	4	17,640	43.16	6.32	$111,696
Dec 2004	28	20,305	39.86	6.75	$138,197
Nov 2004	6	26,835	45.28	6.33	$170,149
Oct 2004	177	30,373	49.70	6.52	$206,680
Sep 2004	3	26,773	43.24	5.28	$141,596
Aug 2004	14	35,130	42.37	5.55	$195,588
Jul 2004	2	50,370	38.28	6.08	$306,537
Jun 2004	11	57,728	36.10	6.43	$371,762
May 2004	14	7,172	37.48	6.49	$47,104

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.

Dec 2013 — as filed, then multipliedworked

Condensate            82 bbl  × $ 91.82 =     $7,529
Gas                    0 Mcf  × $  4.35 =         $0

────────────────────────────────────────────────────
Month total                                   $7,529

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/203268 is the state's own key, not one this site invented.