CHADWICK

Operated by AC EXPLORATION, LLC (P-5 3645) in the CARTHAGE (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 220937District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.3 M
Mar 2006 – May 2026
Value, last 12 filed months
$43 k
at the published price for each month
Months reported
243
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 4,104 leases and 4,104 wells, and the rule below applies to all of them.

Discovered
1968-05-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2011-02-08.

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 Gas112006-12-07171754
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
CondensateDisposition11,978 bbl$849,639
GasProduction833,968 Mcf$4,401,570
Total$5,251,209

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 32.0582, -94.5177. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.05824, -94.51772 · 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
9,830 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 9,830 ft.

Completions filed
Mar 2006
1 of 1 wells

1 well

42-3653597949,830 ftMar 2006

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 (243)

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

243 months

May 20260478106.413.05$1,456
Apr 2026090398.932.87$2,591
Mar 2026082789.753.15$2,605
Feb 202601,53363.503.75$5,749
Jan 202601,00659.138.00$8,046
Dec 202501,14556.664.41$5,053
Nov 2025071158.593.93$2,792
Oct 2025030959.383.30$1,021
Sep 2025072862.743.08$2,240
Aug 20255773463.933.01$5,857
Jul 2025083866.743.32$2,778
Jun 2025098266.483.13$3,072
May 2025077860.553.23$2,515
Apr 202501,15262.363.54$4,082
Mar 2025064267.704.27$2,740
Feb 2025063370.884.34$2,748
Jan 2025088174.324.28$3,770
Dec 2024072668.993.12$2,266
Nov 20249780169.052.20$8,459
Oct 2024071271.372.28$1,624
Sep 2024083969.612.36$1,984
Aug 2024091575.632.06$1,888
Jul 2024091779.932.15$1,968
Jun 202401,06978.082.63$2,816
May 202401,10178.812.20$2,420
Apr 202401,71484.451.66$2,844
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 2024034173.023.30$1,125
Dec 202301,13571.262.61$2,963
Nov 202301,01177.892.81$2,838
Oct 202301,10185.443.09$3,399
Sep 202301,62989.042.74$4,455
Aug 2023071980.522.67$1,922
Jul 2023921,03774.852.64$9,626
Jun 202301,09768.962.26$2,478
May 202301,17370.622.23$2,613
Apr 202301,18478.122.24$2,650
Mar 202301,21472.852.39$2,905
Feb 202301,12375.112.47$2,769
Jan 2023941,38476.533.39$11,882
Dec 202201,17776.415.73$6,743
Nov 202201,22785.005.65$6,928
Oct 202201,47887.185.86$8,667
Sep 202201,55384.888.16$12,678
Aug 202201,44394.529.13$13,170
Jul 202201,231101.587.54$9,284
Jun 20221731,351115.097.98$30,688
May 202201,191109.378.43$10,044
Apr 202201,273104.226.84$8,704
Mar 202201,887108.885.08$9,579
Feb 2022089491.054.86$4,344
Jan 202201,36981.844.54$6,212
Dec 202101,71471.323.90$6,683
Nov 202102,03377.435.24$10,647
Oct 202102,05479.795.71$11,736
Sep 202102,04569.865.35$10,943
Aug 202102,31166.024.22$9,754
Jul 202101,24670.783.98$4,962
Jun 202101,92469.493.38$6,504
May 202101,80263.483.02$5,438
Apr 202101,84060.362.76$5,075
Mar 202102,05061.302.72$5,570
Feb 202102,03657.805.55$11,296
Jan 202101,16550.412.81$3,274
Dec 20201901,64944.642.68$12,893
Nov 202001,55938.772.71$4,220
Oct 202001,78236.972.48$4,417
Sep 202001,65037.091.99$3,285
Aug 202001,65539.982.39$3,947
Jul 202001,63338.371.83$2,980
Jun 202001,60734.901.69$2,716
May 202001,65716.921.81$3,007
Apr 202001,65714.751.80$2,990
Mar 202001,85330.341.86$3,440
Feb 202001,68149.881.98$3,330
Jan 202001,56657.252.09$3,280
Dec 201901,86159.012.30$4,288
Nov 201901,70155.302.75$4,679
Oct 201901,75653.472.42$4,247
Sep 201901,19955.052.66$3,186
Aug 20191791,52553.112.30$13,021
Jul 201901,95756.272.46$4,814
Jun 201901,96652.782.49$4,898
May 201901,98858.482.74$5,448
Apr 201902,01862.632.75$5,551
Mar 201902,35556.803.06$7,211
Feb 201902,17750.852.79$6,079
Jan 201902,25846.033.23$7,289
Dec 201802,18646.594.19$9,149
Nov 20181892,06452.934.24$18,749
Oct 201802,25561.443.40$7,663
Sep 201802,10059.543.11$6,527
Aug 201801,76059.403.07$5,397
Jul 201802,22765.142.93$6,529
Jun 201801,53860.183.08$4,732
May 201801,67265.382.90$4,850
Apr 201801,88963.842.90$5,480
Mar 201801,95761.222.79$5,454
Feb 20181661,85661.782.77$15,389
Jan 201802,38962.874.01$9,578
Dec 201702,27657.272.92$6,649
Nov 201701,98055.423.12$6,174
Oct 201701,98649.292.98$5,926
Sep 201702,43947.523.09$7,530
Aug 20171872,49445.373.00$15,977
Jul 201702,09143.873.09$6,456
Jun 201701,57342.493.09$4,856
May 201701,84745.373.26$6,028
Apr 201702,53147.933.21$8,129
Mar 201702,23346.772.98$6,663
Feb 201701,88650.452.95$5,569
Jan 201702,72849.413.42$9,326
Dec 20161772,22148.763.72$16,899
Nov 201602,48242.492.64$6,563
Oct 201602,39846.193.09$7,410
Sep 201602,20941.553.10$6,849
Aug 201602,32241.442.92$6,790
Jul 201602,12841.622.92$6,223
Jun 201602,19145.352.69$5,885
May 20161752,26742.521.99$11,955
Apr 201601,93736.561.99$3,857
Mar 201601,89333.011.79$3,396
Feb 201602,02726.472.06$4,183
Jan 201602,37227.352.36$5,608
Dec 201502,24532.362.00$4,493
Nov 20151872,21438.792.17$12,052
Oct 201502,35443.552.43$5,712
Sep 201502,19342.992.76$6,049
Aug 201502,34640.162.87$6,739
Jul 201502,43848.152.95$7,180
Jun 201502,18856.152.88$6,308
May 201502,33455.212.96$6,898
Apr 20151832,04849.822.71$14,660
Mar 201502,15142.892.93$6,313
Feb 201502,25944.662.98$6,723
Jan 201502,39243.433.10$7,417
Dec 20141312,12854.693.59$14,807
Nov 201402,06470.464.25$8,776
Oct 201402,44278.303.90$9,526
Sep 201402,11886.164.05$8,568
Aug 201402,15589.394.04$8,696
Jul 20141882,43496.564.18$28,326
Jun 201402,63798.164.74$12,491
May 201402,65194.734.73$12,530
Apr 201402,42795.944.81$11,672
Mar 201402,38895.895.06$12,076
Feb 201402,00797.406.19$12,427
Jan 201402,81490.404.86$13,678
Dec 20131592,72091.824.35$26,444
Nov 201302,16488.853.74$8,090
Oct 201302,86297.423.78$10,817
Sep 201302,561104.113.72$9,521
Aug 201302,178104.253.52$7,672
Jul 201303,053102.523.72$11,350
Jun 201302,30994.403.93$9,082
May 20131862,60694.834.15$28,451
Apr 201302,15593.964.28$9,229
Mar 201302,84993.623.91$11,148
Feb 201303,29591.233.42$11,269
Jan 201303,94991.603.42$13,505
Dec 201204,03386.773.42$13,794
Nov 20120086.953.62$0
Oct 20120289.383.40$7
Sep 20121722,35894.672.92$23,165
Aug 201202,89092.662.91$8,405
Jul 201202,92785.133.02$8,842
Jun 201202,83579.822.52$7,141
May 201202,99691.612.49$7,455
Apr 201203,105101.652.00$6,200
Mar 20121663,168105.052.22$24,478
Feb 201202,892101.102.57$7,433
Jan 201202,88898.092.73$7,896
Dec 201103,27796.873.24$10,617
Nov 20111843,33795.723.31$28,662
Oct 201103,61784.983.65$13,197
Sep 201103,84283.623.99$15,313
Aug 201103,88383.404.15$16,112
Jul 20111833,61594.144.52$33,557
Jun 201103,26992.904.64$15,168
May 201103,50798.134.40$15,448
Apr 201103,671105.964.33$15,907
Mar 20111653,80496.364.06$31,334
Feb 201102,90785.644.18$12,151
Jan 201103,28286.504.59$15,060
Dec 201003,84285.734.35$16,704
Nov 20101833,97080.843.80$29,861
Oct 201003,85978.103.51$13,541
Sep 201004,03172.633.98$16,041
Aug 201004,87373.684.42$21,536
Jul 201005,23172.554.74$24,777
Jun 201004,64770.364.91$22,819
May 20101685,22171.124.24$34,060
Apr 201002,73881.694.12$11,288
Mar 20101934,17778.394.39$33,461
Feb 201003,82773.585.44$20,828
Jan 201004,71774.365.96$28,133
Dec 200903,83671.445.48$21,036
Nov 200904,40974.593.75$16,540
Oct 20091924,55372.544.11$32,642
Sep 200904,51665.543.06$13,840
Aug 200904,52567.423.22$14,564
Jul 200904,99761.133.46$17,312
Jun 20091615,13466.163.90$30,649
May 200905,78654.743.93$22,714
Apr 20091845,04146.773.59$26,690
Mar 200905,39942.144.06$21,915
Feb 200905,54432.814.63$25,685
Jan 20091896,83835.865.37$43,504
Dec 200805,81237.105.98$34,739
Nov 20081786,37655.496.86$53,619
Oct 200806,66975.246.92$46,163
Sep 20081866,099101.767.88$66,970
Aug 200806,378114.228.48$54,105
Jul 20081875,974131.0811.39$92,552
Jun 2008417,131131.3313.03$98,320
May 20081907,320123.1711.57$108,126
Apr 200807,429110.3110.45$77,669
Mar 20081907,355101.909.66$90,440
Feb 20081897,48892.538.77$83,162
Jan 200808,23990.388.21$67,607
Dec 20072058,11288.337.30$77,341
Nov 20071868,91791.677.29$82,071
Oct 20071909,54882.856.92$81,833
Sep 200709,96475.846.24$62,217
Aug 200719611,29469.066.39$85,681
Jul 200721011,86870.906.39$90,701
Jun 20071898,91362.007.55$78,997
May 200719315,02758.747.85$129,243
Apr 200718112,38059.617.81$107,418
Mar 200719712,25556.927.30$100,699
Feb 20071816,73155.108.22$65,275
Jan 20073819,40450.306.73$82,424
Dec 20061958,21956.656.92$67,909
Nov 20061919,76854.207.62$84,760
Oct 200619311,67054.906.01$80,777
Sep 200618913,66060.085.04$80,163
Aug 200654816,65468.717.34$159,892
Jul 200636921,22769.376.34$160,235
Jun 200674028,09866.286.38$228,421
May 200674631,90566.016.42$254,233
Apr 200638716,64064.397.36$147,397
Mar 200602,87056.707.08$20,328

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                  478 Mcf  × $  3.05 =     $1,456

────────────────────────────────────────────────────
Month total                                   $1,456

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/220937 is the state's own key, not one this site invented.