MATTHEWS -B-

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

Oil lease lease 120District 06Field 16032001NGPA filingOilCasinghead gasSaveExport
Value, all time
$2.4 M
Jan 1993 – Nov 2019
Value, last 12 filed months
$0
at the published price for each month
Months reported
323
no gaps in the span
Streams
2
oil, casinghead 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 48 leases and 57 wells, and the rule below applies to all of them.

Discovered
1944-06-07
as the register files it
Field class
Oil and gas
the register's own label
Between wells
3,760 ft
minimum
From a lease line
1,320 ft
minimum

A drilling unit in this field needs at least 640 acres. The field rule took effect on 1945-05-01.

The Commission's schedule remark for this field reads: PRORATED FIELD EFFECTIVE 04/01/2025.

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
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
OilDisposition28,623 bbl$1,675,253
Casinghead gasProduction174,882 Mcf$702,889
Total$2,378,142

36,196 Mcf of this lease's gas, across 48 months, 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 32.2499, -94.4048. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.24991, -94.40480 · 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
5,882 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
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 5,882 ft.

Plug dates filed
Jun 2019
1 of 1 wells

1 well

42-3650008315,882 ftJun 2019Yes

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 (323)

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

323 months

Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 201418096.564.18$1,738
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 201301788.853.74$64
Oct 20130297.423.78$8
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201314775102.523.72$15,349
Jun 201316880494.403.93$19,022
May 201329989994.834.15$32,084
Apr 201316882493.964.28$19,314
Mar 201331386493.623.91$32,684
Feb 201315476391.233.42$16,659
Jan 201331084491.603.42$31,282
Dec 201215178886.773.42$15,797
Nov 201231277186.953.62$29,923
Oct 201214872089.383.40$15,676
Sep 201231451094.672.92$31,215
Aug 201230322692.662.91$28,733
Jul 20120085.133.02$0
Jun 201203779.822.52$93
May 201214949991.612.49$14,892
Apr 2012332349101.652.00$34,445
Mar 2012163493105.052.22$18,219
Feb 2012151312101.102.57$16,068
Jan 201232625598.092.73$32,675
Dec 20111547296.873.24$15,151
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 2011011883.404.15$490
Jul 201143875494.144.52$44,639
Jun 201115864292.904.64$17,657
May 201129064098.134.40$31,277
Apr 2011322432105.964.33$35,991
Mar 201130247596.364.06$31,028
Feb 201130132985.644.18$27,153
Jan 201127120886.504.59$24,396
Dec 20102947485.734.35$25,526
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 201095072.633.98$6,900
Aug 201017711673.684.42$13,554
Jul 201033951272.554.74$27,020
Jun 201027745070.364.91$21,699
May 201047044771.124.24$35,320
Apr 201027229881.694.12$23,448
Mar 201045020378.394.39$36,166
Feb 20103044073.585.44$22,586
Jan 201003374.365.96$197
Dec 20091586571.445.48$11,644
Nov 20093217874.593.75$24,236
Oct 200913911672.544.11$10,560
Sep 200946318565.543.06$30,912
Aug 20090767.423.22$23
Jul 20090561.133.46$17
Jun 20090566.163.90$19
May 200901254.743.93$47
Apr 20090146.773.59$4
Mar 2009151042.144.06$6,363
Feb 200903132.814.63$144
Jan 200916713135.865.37$6,692
Dec 20080437.105.98$24
Nov 200802855.496.86$192
Oct 200817814075.246.92$14,362
Sep 2008013101.767.88$102
Aug 200800114.228.48$0
Jul 20083371,428131.0811.39$60,438
Jun 2008175770131.3313.03$33,018
May 2008178945123.1711.57$32,862
Apr 20081671,174110.3110.45$30,696
Mar 20081621,245101.909.66$28,540
Feb 20083471,09492.538.77$41,703
Jan 20081341,15090.388.21$21,548
Dec 20071701,26888.337.30$24,275
Nov 20071761,18891.677.29$24,796
Oct 20071751,30182.856.92$23,504
Sep 20071691,28975.846.24$20,866
Aug 20073231,30369.066.39$30,630
Jul 20071541,20370.906.39$18,603
Jun 20071621,34062.007.55$20,159
May 20071761,17558.747.85$19,558
Apr 200734185959.617.81$27,032
Mar 200717171556.927.30$14,954
Feb 200733628055.108.22$20,814
Jan 200709850.306.73$659
Dec 200608356.656.92$574
Nov 200607854.207.62$594
Oct 20061542554.906.01$8,605
Sep 2006025560.085.04$1,284
Aug 2006068468.717.34$5,021
Jul 200634085169.376.34$28,983
Jun 200616377166.286.38$15,726
May 20061611,38666.016.42$19,533
Apr 2006088264.397.36$6,492
Mar 200634691456.707.08$26,092
Feb 200616988857.597.75$16,616
Jan 200616888660.598.93$18,094
Dec 200516596354.9413.42$21,984
Nov 20051601,00654.6910.59$19,402
Oct 20051781,08958.3413.80$25,408
Sep 200517478061.4512.08$20,114
Aug 200517190661.519.80$19,394
Jul 200517482655.697.84$16,169
Jun 200517465452.337.38$13,933
May 2005015945.226.65$1,058
Apr 200506249.207.36$456
Mar 2005013850.377.15$987
Feb 2005010045.226.31$631
Jan 2005015943.166.32$1,005
Dec 2004030139.866.75$2,032
Nov 200417584445.286.33$13,267
Oct 20041741,01049.706.52$15,228
Sep 200416189743.245.28$11,701
Aug 200415893642.375.55$11,890
Jul 200417493738.286.08$12,362
Jun 200417292836.106.43$12,179
May 200416689137.486.49$12,008
Apr 200417498734.475.86$11,780
Mar 20043251,05134.365.53$16,979
Feb 2004088032.455.51$4,848
Jan 20041781,11332.036.30$12,713
Dec 20031771,19730.266.30$12,899
Nov 20031601,14528.804.60$9,869
Oct 20031721,24928.174.76$10,790
Sep 20033321,34426.314.75$15,118
Aug 20031641,38929.765.13$12,006
Jul 20031671,50429.415.17$12,688
Jun 20031541,03728.565.98$10,603
May 20031631,10426.595.97$10,928
Apr 200301,44926.675.41$7,835
Mar 20031691,37531.146.10$13,645
Feb 20031741,00433.487.93$13,783
Jan 20031581,31230.315.58$12,113
Dec 20023561,30926.914.85$15,934
Nov 200217387424.664.14$7,882
Oct 2002024626.464.23$1,040
Sep 2002223127.443.64$895
Aug 2002048525.963.16$1,535
Jul 20021751,13624.583.06$7,780
Jun 20021731,09723.733.34$7,767
May 20021801,19924.663.58$8,736
Apr 20021531,11923.653.51$7,549
Mar 20021731,13722.003.10$7,334
Feb 20021661,21418.222.38$5,909
Jan 200217087117.172.38$4,988
Dec 20011671,20816.932.36$5,684
Nov 20011791,17618.072.41$6,063
Oct 20011821,26919.782.53$6,809
Sep 200111,10824.262.25$2,519
Aug 20011661,66324.873.05$9,206
Jul 20011721,33323.933.20$8,378
Jun 20011781,19624.563.82$8,945
May 20011641,46225.524.31$10,483
Apr 20011741,54824.685.34$12,553
Mar 20011661,57524.545.38$12,542
Feb 200117698327.755.77$10,553
Jan 2001018327.478.40$1,537
Dec 2000044226.889.12$4,032
Nov 2000046032.215.66$2,603
Oct 20001631,03531.235.15$10,416
Sep 20001741,23131.875.19$11,930
Aug 200016386429.644.54$8,755
Jul 2000171728.534.09$2,961
Jun 20001641,08229.304.40$9,563
May 20001591,24327.263.68$8,908
Apr 200015578924.513.12$6,258
Mar 200001,06828.422.86$3,054
Feb 200017179427.622.73$6,888
Jan 20001211,18725.272.48$6,002
Dec 199901,01224.282.42$2,453
Nov 199916688523.192.43$6,004
Oct 199917367320.982.80$5,516
Sep 1999188521.752.62$2,339
Aug 199915888019.262.88$5,574
Jul 1999293917.892.37$2,263
Jun 199917975615.942.36$4,639
May 1999076915.792.32$1,785
Apr 199915074415.102.21$3,908
Mar 1999354712.471.84$1,043
Feb 199904769.981.82$865
Jan 1999040310.381.90$766
Dec 199806849.201.77$1,213
Nov 1998099410.892.19$2,173
Oct 1998035112.421.97$691
Sep 199814661212.592.08$3,113
Aug 1998084011.301.91$1,602
Jul 1998086811.742.24$1,942
Jun 1998080711.242.24$1,805
May 1998085112.622.21$1,878
Apr 1998076013.042.51$1,904
Mar 199815383812.802.31$3,894
Feb 1998077813.952.30$1,789
Jan 199801,00514.702.15$2,166
Dec 1997044116.322.41$1,063
Nov 19970018.193.09$0
Oct 1997075919.253.15$2,391
Sep 199717071317.742.95$5,123
Aug 1997288117.862.55$2,286
Jul 1997085217.582.25$1,914
Jun 1997095317.242.26$2,151
May 199701,10318.972.31$2,546
Apr 1997045517.882.08$948
Mar 199713624118.951.94$3,045
Feb 1997020820.492.21$459
Jan 1997021923.483.54$775
Dec 1996081323.32$0
Nov 1996079321.97$0
Oct 1996074423.31$0
Sep 1996086822.22$0
Aug 199616548720.26$3,343
Jul 1996169219.55$20
Jun 1996076918.73$0
May 1996076419.43$0
Apr 1996064321.51$0
Mar 1996061319.38$0
Feb 199618146416.98$3,073
Jan 1996062417.07$0
Dec 1995064317.19$0
Nov 1995068416.00$0
Oct 1995078715.43$0
Sep 199517871516.18$2,880
Aug 1995063015.92$0
Jul 1995088915.24$0
Jun 1995082416.41$0
May 1995185117.56$18
Apr 199518460417.73$3,262
Mar 1995070916.44$0
Feb 1995054416.58$0
Jan 1995163115.92$16
Dec 1994076215.03$0
Nov 199412179915.90$1,924
Oct 1994084315.58$0
Sep 1994081015.29$0
Aug 199417789416.13$2,855
Jul 1994094417.56$0
Jun 1994090917.09$0
May 1994080515.88$0
Apr 1994087314.14$0
Mar 199415087012.46$1,869
Feb 1994082112.50$0
Jan 199416687312.66$2,102
Dec 1993089712.33$0
Nov 1993286914.49$29
Oct 1993062215.85$0
Sep 19931631,12615.03$2,450
Aug 199301,13815.66$0
Jul 199301,42715.46$0
Jun 199316275916.79$2,720
May 1993183917.68$18
Apr 1993080418.05$0
Mar 1993030018.14$0
Feb 1993017017.90$0
Jan 1993025716.93$0

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.

Jul 2014 — as filed, then multipliedworked
Oil                   18 bbl  × $ 96.56 =     $1,738
Casinghead gas         0 Mcf  × $  4.18 =         $0

────────────────────────────────────────────────────
Month total                                   $1,738

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/O/120 is the state's own key, not one this site invented.