STANFORD, C. W.

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 126District 06Field 16032001NGPA filingOilCasinghead gasSaveExport
Value, all time
$114 k
Jan 1993 – Sep 2007
Value, last 12 filed months
$0
at the published price for each month
Months reported
177
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
OilDisposition2,750 bbl$51,737
Casinghead gasProduction49,189 Mcf$62,027
Total$113,764

27,175 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 32.0725, -94.1202. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.07250, -94.12023 · 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
6,245 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 6,245 ft.

Plug dates filed
Dec 2003
1 of 1 wells

1 well

42-3650128516,245 ftDec 2003Yes

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

Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 200353026.595.97$1,409
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020124.664.14$4
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 2000034326.889.12$3,129
Nov 2000437132.215.66$2,228
Oct 2000041931.235.15$2,156
Sep 200017147231.875.19$7,898
Aug 2000047829.644.54$2,170
Jul 2000048828.534.09$1,996
Jun 2000044929.304.40$1,974
May 2000047527.263.68$1,748
Apr 2000044024.513.12$1,371
Mar 2000045028.422.86$1,287
Feb 200016842427.622.73$5,796
Jan 2000049125.272.48$1,218
Dec 1999051424.282.42$1,246
Nov 1999051823.192.43$1,261
Oct 1999053820.982.80$1,508
Sep 1999045121.752.62$1,181
Aug 199917940819.262.88$4,621
Jul 1999044117.892.37$1,046
Jun 1999047515.942.36$1,122
May 1999046915.792.32$1,089
Apr 1999045515.102.21$1,005
Mar 1999046812.471.84$860
Feb 199903829.981.82$694
Jan 199916342610.381.90$2,501
Dec 199804039.201.77$715
Nov 1998041810.892.19$914
Oct 1998046912.421.97$924
Sep 1998044012.592.08$916
Aug 1998045711.301.91$872
Jul 1998047411.742.24$1,060
Jun 1998047811.242.24$1,069
May 1998039412.622.21$869
Apr 199817149813.042.51$3,477
Mar 1998044612.802.31$1,030
Feb 1998035513.952.30$816
Jan 1998040114.702.15$864
Dec 1997046216.322.41$1,114
Nov 1997046518.193.09$1,436
Oct 199716147519.253.15$4,595
Sep 1997045217.742.95$1,336
Aug 1997050417.862.55$1,288
Jul 1997055617.582.25$1,249
Jun 1997053317.242.26$1,203
May 199717655118.972.31$4,611
Apr 1997053217.882.08$1,108
Mar 1997053418.951.94$1,036
Feb 1997048120.492.21$1,061
Jan 1997039023.483.54$1,380
Dec 1996050123.32$0
Nov 1996052321.97$0
Oct 199618053023.31$4,196
Sep 1996052122.22$0
Aug 1996054520.26$0
Jul 1996050919.55$0
Jun 1996050318.73$0
May 1996051019.43$0
Apr 199617953921.51$3,850
Mar 1996052519.38$0
Feb 1996055816.98$0
Jan 1996054617.07$0
Dec 1995057017.19$0
Nov 1995056016.00$0
Oct 1995057915.43$0
Sep 199515859716.18$2,556
Aug 1995057715.92$0
Jul 1995056915.24$0
Jun 1995055816.41$0
May 1995053817.56$0
Apr 1995054217.73$0
Mar 199516456416.44$2,696
Feb 1995046416.58$0
Jan 1995053315.92$0
Dec 1994056415.03$0
Nov 1994056415.90$0
Oct 199417759315.58$2,758
Sep 1994055815.29$0
Aug 1994057816.13$0
Jul 1994056917.56$0
Jun 1994054517.09$0
May 199417955015.88$2,843
Apr 1994052414.14$0
Mar 1994058212.46$0
Feb 1994052912.50$0
Jan 1994066412.66$0
Dec 199310862912.33$1,332
Nov 1993061014.49$0
Oct 1993066415.85$0
Sep 1993061815.03$0
Aug 199317863115.66$2,787
Jul 1993058815.46$0
Jun 1993062116.79$0
May 1993065217.68$0
Apr 1993061018.05$0
Mar 199318163218.14$3,283
Feb 1993052917.90$0
Jan 1993061016.93$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.

May 2003 — as filed, then multipliedworked
Oil                   53 bbl  × $ 26.59 =     $1,409
Casinghead gas         0 Mcf  × $  5.97 =         $0

────────────────────────────────────────────────────
Month total                                   $1,409

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/126 is the state's own key, not one this site invented.