CHANCE, P. C. & E. A.

Operated by HD OPERATING CO, LLC (P-5 103746) in the PITTSBURG (SUB-CLARKSVILLE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 2849District 06Field 71765500OilCasinghead gasSaveExport
Value, all time
$922 k
Jan 1993 – May 2026
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
401
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 41 leases and 99 wells, and the rule below applies to all of them.

Discovered
1958-01-10
as the register files it
Field class
Oil
the register's own label
Between wells
933 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres.

The Commission's schedule remark for this field reads: 20 ACRE OPTIONAL UNITS WITH 1600 FT. DIAG.

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
OilDisposition26,909 bbl$922,317
Casinghead gasProduction20 Mcf$0
Total$922,317

20 Mcf of this lease's gas, across 20 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 (2)

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 32.9682, -95.0724. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.96823, -95.07244 · 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
50.0%
1 of 2 wells
With a plug date
50.0%
1 of 2 wells
Median depth
3,899 ft
1 wells filed one
Completion to plug
3.8 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
150.0%
A plug date is filed
150.0%
BothOn the schedule and plugged. Neither fact cancels the other.
150.0%
NeitherNo plug date, and not on the schedule.
150.0%

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 3,899 ft.

Completions filed
Apr 1997
1 of 2 wells; 1 filed none
Plug dates filed
Jan 2001
1 of 2 wells; 1 filed none

Last completion to plug: a median of 3.8 years across the 1 well that filed both dates, with the middle half between 3.8 years and 3.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-063001272
42-0633025033,899 ftApr 1997Jan 2001Yes

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 (401)

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

401 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 202510059.383.30$594
Sep 202510062.743.08$627
Aug 202521063.933.01$1,343
Jul 202510066.743.32$667
Jun 202530066.483.13$1,994
May 202531060.553.23$1,877
Apr 202530062.363.54$1,871
Mar 202530067.704.27$2,031
Feb 202531070.884.34$2,197
Jan 202531074.324.28$2,304
Dec 202441068.993.12$2,829
Nov 202441069.052.20$2,831
Oct 202431071.372.28$2,212
Sep 202440069.612.36$2,784
Aug 202410075.632.06$756
Jul 202415079.932.15$1,199
Jun 202431078.082.63$2,420
May 202430078.812.20$2,364
Apr 202431084.451.66$2,618
Mar 202446080.301.55$3,694
Feb 202446076.091.78$3,500
Jan 202430073.023.30$2,191
Dec 202340071.262.61$2,850
Nov 202340077.892.81$3,116
Oct 202340085.443.09$3,418
Sep 202327089.042.74$2,404
Aug 202326080.522.67$2,094
Jul 202324074.852.64$1,796
Jun 202322068.962.26$1,517
May 202346070.622.23$3,249
Apr 202323078.122.24$1,797
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 20221130101.587.54$11,479
Jun 2022790115.097.98$9,092
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
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 201735055.423.12$1,940
Oct 201745049.292.98$2,218
Sep 201730047.523.09$1,426
Aug 201738045.373.00$1,724
Jul 201724043.873.09$1,053
Jun 201732042.493.09$1,360
May 201729045.373.26$1,316
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 201525044.662.98$1,117
Jan 201550043.433.10$2,172
Dec 201436054.693.59$1,969
Nov 201435070.464.25$2,466
Oct 201436078.303.90$2,819
Sep 201438086.164.05$3,274
Aug 201439089.394.04$3,486
Jul 201437096.564.18$3,573
Jun 201438098.164.74$3,730
May 201438094.734.73$3,600
Apr 201435095.944.81$3,358
Mar 201430095.895.06$2,877
Feb 201435097.406.19$3,409
Jan 201442090.404.86$3,797
Dec 201346091.824.35$4,224
Nov 201351088.853.74$4,531
Oct 201350097.423.78$4,871
Sep 2013490104.113.72$5,101
Aug 2013540104.253.52$5,630
Jul 2013400102.523.72$4,101
Jun 201342094.403.93$3,965
May 201343094.834.15$4,078
Apr 201343093.964.28$4,040
Mar 201346093.623.91$4,307
Feb 201341091.233.42$3,740
Jan 201339091.603.42$3,572
Dec 201241086.773.42$3,558
Nov 201241086.953.62$3,565
Oct 201240089.383.40$3,575
Sep 201232094.672.92$3,029
Aug 201213092.662.91$1,205
Jul 201217085.133.02$1,447
Jun 201220079.822.52$1,596
May 201222091.612.49$2,015
Apr 2012180101.652.00$1,830
Mar 2012200105.052.22$2,101
Feb 2012220101.102.57$2,224
Jan 201221098.092.73$2,060
Dec 201126096.873.24$2,519
Nov 201123095.723.31$2,202
Oct 201124084.983.65$2,040
Sep 201125083.623.99$2,091
Aug 201119083.404.15$1,585
Jul 201123094.144.52$2,165
Jun 201122092.904.64$2,044
May 201126098.134.40$2,551
Apr 2011250105.964.33$2,649
Mar 201120096.364.06$1,927
Feb 201125085.644.18$2,141
Jan 201121086.504.59$1,817
Dec 201024085.734.35$2,058
Nov 201030080.843.80$2,425
Oct 201026078.103.51$2,031
Sep 201021072.633.98$1,525
Aug 201023073.684.42$1,695
Jul 201025072.554.74$1,814
Jun 201026070.364.91$1,829
May 201040071.124.24$2,845
Apr 201048081.694.12$3,921
Mar 201058078.394.39$4,547
Feb 201041073.585.44$3,017
Jan 201043074.365.96$3,197
Dec 200929071.445.48$2,072
Nov 200928074.593.75$2,089
Oct 200925072.544.11$1,814
Sep 200912065.543.06$786
Aug 200912067.423.22$809
Jul 200927061.133.46$1,651
Jun 200928066.163.90$1,852
May 200927054.743.93$1,478
Apr 200925046.773.59$1,169
Mar 200926042.144.06$1,096
Feb 200923032.814.63$755
Jan 200928035.865.37$1,004
Dec 200827037.105.98$1,002
Nov 200826055.496.86$1,443
Oct 200826075.246.92$1,956
Sep 2008280101.767.88$2,849
Aug 2008280114.228.48$3,198
Jul 2008330131.0811.39$4,326
Jun 2008250131.3313.03$3,283
May 2008360123.1711.57$4,434
Apr 2008560110.3110.45$6,177
Mar 2008590101.909.66$6,012
Feb 200849092.538.77$4,534
Jan 200866090.388.21$5,965
Dec 200768088.337.30$6,006
Nov 200772091.677.29$6,600
Oct 200781082.856.92$6,711
Sep 200773075.846.24$5,536
Aug 200777069.066.39$5,318
Jul 200782070.906.39$5,814
Jun 200772062.007.55$4,464
May 200781058.747.85$4,758
Apr 200787059.617.81$5,186
Mar 200784056.927.30$4,781
Feb 200771055.108.22$3,912
Jan 2007144050.306.73$7,243
Dec 2006129056.656.92$7,308
Nov 2006121054.207.62$6,558
Oct 2006134054.906.01$7,357
Sep 2006151060.085.04$9,072
Aug 2006114068.717.34$7,833
Jul 2006124069.376.34$8,602
Jun 200685066.286.38$5,634
May 2006110066.016.42$7,261
Apr 2006111064.397.36$7,147
Mar 2006158056.707.08$8,959
Feb 2006114057.597.75$6,565
Jan 200681060.598.93$4,908
Dec 200581054.9413.42$4,450
Nov 2005109054.6910.59$5,961
Oct 200595058.3413.80$5,542
Sep 2005101061.4512.08$6,206
Aug 2005110061.519.80$6,766
Jul 200590055.697.84$5,012
Jun 200581052.337.38$4,239
May 200547045.226.65$2,125
Apr 200572049.207.36$3,542
Mar 200583050.377.15$4,181
Feb 200564045.226.31$2,894
Jan 2005111043.166.32$4,791
Dec 2004109039.866.75$4,345
Nov 200495045.286.33$4,302
Oct 2004100049.706.52$4,970
Sep 200481043.245.28$3,502
Aug 2004105042.375.55$4,449
Jul 2004102038.286.08$3,905
Jun 200466036.106.43$2,383
May 200443037.486.49$1,612
Apr 200473034.475.86$2,516
Mar 200463034.365.53$2,165
Feb 200468032.455.51$2,207
Jan 200468032.036.30$2,178
Dec 200353030.266.30$1,604
Nov 200356028.804.60$1,613
Oct 200373028.174.76$2,056
Sep 200367026.314.75$1,763
Aug 200379029.765.13$2,351
Jul 200376029.415.17$2,235
Jun 2003105028.565.98$2,999
May 2003103026.595.97$2,739
Apr 2003120026.675.41$3,200
Mar 200377031.146.10$2,398
Feb 200368033.487.93$2,277
Jan 200363030.315.58$1,910
Dec 2002191026.914.85$5,140
Nov 2002101024.664.14$2,491
Oct 200286026.464.23$2,276
Sep 200258027.443.64$1,592
Aug 2002108025.963.16$2,804
Jul 200253024.583.06$1,303
Jun 200268023.733.34$1,614
May 2002129024.663.58$3,181
Apr 200261023.653.51$1,443
Mar 200280022.003.10$1,760
Feb 200289018.222.38$1,622
Jan 2002111017.172.38$1,906
Dec 200164016.932.36$1,084
Nov 200150018.072.41$904
Oct 200169019.782.53$1,365
Sep 200198024.262.25$2,377
Aug 200182024.873.05$2,039
Jul 2001119023.933.20$2,848
Jun 2001106024.563.82$2,603
May 200139025.524.31$995
Apr 200170024.685.34$1,728
Mar 200170024.545.38$1,718
Feb 200174027.755.77$2,054
Jan 200161027.478.40$1,676
Dec 200078026.889.12$2,097
Nov 200057032.215.66$1,836
Oct 2000124031.235.15$3,873
Sep 2000228031.875.19$7,266
Aug 2000187029.644.54$5,543
Jul 2000102028.534.09$2,910
Jun 2000356029.304.40$10,431
May 2000378027.263.68$10,304
Apr 2000230024.513.12$5,637
Mar 2000184028.422.86$5,229
Feb 2000182027.622.73$5,027
Jan 2000314025.272.48$7,935
Dec 1999273024.282.42$6,628
Nov 1999118023.192.43$2,736
Oct 1999351020.982.80$7,364
Sep 1999165021.752.62$3,589
Aug 199977019.262.88$1,483
Jul 199988017.892.37$1,574
Jun 199983015.942.36$1,323
May 199991015.792.32$1,437
Apr 199984015.102.21$1,268
Mar 199982012.471.84$1,023
Feb 19999109.981.82$908
Jan 1999383010.381.90$3,976
Dec 199838309.201.77$3,524
Nov 1998400010.892.19$4,356
Oct 1998446012.421.97$5,539
Sep 1998446012.592.08$5,615
Aug 1998414011.301.91$4,678
Jul 1998426011.742.24$5,001
Jun 1998455011.242.24$5,114
May 1998423012.622.21$5,338
Apr 1998379013.042.51$4,942
Mar 1998430012.802.31$5,504
Feb 1998374013.952.30$5,217
Jan 1998146014.702.15$2,146
Dec 199799016.322.41$1,616
Nov 199750018.193.09$910
Oct 199756019.253.15$1,078
Sep 199762017.742.95$1,100
Aug 199752017.862.55$929
Jul 199761017.582.25$1,072
Jun 199760017.242.26$1,034
May 199753018.972.31$1,005
Apr 199734017.882.08$608
Mar 19970018.951.94$0
Feb 1997134020.492.21$2,746
Jan 19970023.483.54$0
Dec 19960023.32$0
Nov 19960021.97$0
Oct 19960023.31$0
Sep 19960022.22$0
Aug 19960020.26$0
Jul 1996144019.55$2,815
Jun 19960018.73$0
May 19960019.43$0
Apr 19960021.51$0
Mar 19960019.38$0
Feb 19960016.98$0
Jan 19960017.07$0
Dec 19950017.19$0
Nov 19950016.00$0
Oct 19950015.43$0
Sep 19950016.18$0
Aug 19950015.92$0
Jul 19950015.24$0
Jun 19950016.41$0
May 19950017.56$0
Apr 19950017.73$0
Mar 19950016.44$0
Feb 19950016.58$0
Jan 19950015.92$0
Dec 19940015.03$0
Nov 1994329015.90$5,231
Oct 1994165015.58$2,571
Sep 1994301015.29$4,602
Aug 1994161116.13$2,597
Jul 1994320117.56$5,619
Jun 1994325117.09$5,554
May 1994165115.88$2,620
Apr 1994153114.14$2,163
Mar 1994302112.46$3,763
Feb 1994283112.50$3,538
Jan 1994274112.66$3,469
Dec 1993148112.33$1,825
Nov 1993292114.49$4,231
Oct 1993151115.85$2,393
Sep 1993268115.03$4,028
Aug 1993313115.66$4,902
Jul 1993153115.46$2,365
Jun 1993151116.79$2,535
May 1993288117.68$5,092
Apr 1993298118.05$5,379
Mar 1993142118.14$2,576
Feb 1993276117.90$4,940
Jan 1993263116.93$4,453

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.

Oct 2025 — as filed, then multipliedworked
Oil                   10 bbl  × $ 59.38 =       $594
Casinghead gas         0 Mcf  × $  3.30 =         $0

────────────────────────────────────────────────────
Month total                                     $594

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/2849 is the state's own key, not one this site invented.