JOSEY 183

Operated by CHESAPEAKE OPERATING, INC. (P-5 147715) in the BARSTOW (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 173910District 08Field 058897102 tax incentive programmesGasSaveExport
Value, all time
$340 k
Jul 1999 – Jan 2010
Value, last 12 filed months
$9 k
at the published price for each month
Months reported
127
no gaps in the span
Streams
1
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 19 leases and 19 wells, and the rule below applies to all of them.

Discovered
1973-12-10
as the register files it
Field class
Oil and gas
the register's own label
Between wells
2,640 ft
minimum
From a lease line
1,320 ft
minimum

A drilling unit in this field needs at least 640 acres.

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 08/01/97.

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 Gas112006-04-12167834
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
GasProduction84,126 Mcf$339,665
Total$339,665

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 31.4651, -103.4206. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.46513, -103.42058 · 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
18,280 ft
1 wells filed one
Completion to plug
10.5 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 18,280 ft.

Completions filed
Jul 1999
1 of 1 wells
Plug dates filed
Jan 2010
1 of 1 wells

Last completion to plug: a median of 10.5 years across the 1 well that filed both dates, with the middle half between 10.5 years and 10.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-47534360118,280 ftJul 1999Jan 2010Yes

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 (127)

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

127 months

Jan 2010074.365.96$0
Dec 200932171.445.48$1,760
Nov 200917774.593.75$664
Oct 200913372.544.11$547
Sep 20097565.543.06$230
Aug 200913667.423.22$438
Jul 200911661.133.46$402
Jun 200910566.163.90$409
May 20096154.743.93$239
Apr 200915746.773.59$563
Mar 200941542.144.06$1,684
Feb 200941432.814.63$1,918
Jan 20093635.865.37$193
Dec 2008037.105.98$0
Nov 2008555.496.86$34
Oct 2008775.246.92$48
Sep 20082101.767.88$16
Aug 20088114.228.48$68
Jul 20083131.0811.39$34
Jun 20080131.3313.03$0
May 20086123.1711.57$69
Apr 20083110.3110.45$31
Mar 20084101.909.66$39
Feb 2008892.538.77$70
Jan 20088990.388.21$730
Dec 20075388.337.30$387
Nov 2007391.677.29$22
Oct 2007882.856.92$55
Sep 2007475.846.24$25
Aug 20071469.066.39$89
Jul 20071370.906.39$83
Jun 20072162.007.55$159
May 20075458.747.85$424
Apr 20072859.617.81$219
Mar 20077056.927.30$511
Feb 20073355.108.22$271
Jan 200791150.306.73$6,128
Dec 200636456.656.92$2,518
Nov 200620454.207.62$1,554
Oct 200615254.906.01$914
Sep 200610060.085.04$504
Aug 200629468.717.34$2,158
Jul 200628969.376.34$1,833
Jun 20067466.286.38$472
May 200616766.016.42$1,073
Apr 2006064.397.36$0
Mar 200618856.707.08$1,332
Feb 200646757.597.75$3,620
Jan 200642860.598.93$3,823
Dec 200527854.9413.42$3,729
Nov 20057054.6910.59$741
Oct 20056258.3413.80$855
Sep 20055261.4512.08$628
Aug 20051561.519.80$147
Jul 20052355.697.84$180
Jun 2005652.337.38$44
May 20051345.226.65$86
Apr 200547049.207.36$3,459
Mar 200566150.377.15$4,729
Feb 200557045.226.31$3,598
Jan 200560143.166.32$3,800
Dec 200469639.866.75$4,699
Nov 200470645.286.33$4,469
Oct 200475049.706.52$4,886
Sep 200423443.245.28$1,236
Aug 200431142.375.55$1,726
Jul 200444538.286.08$2,707
Jun 200461736.106.43$3,969
May 200478837.486.49$5,118
Apr 20041,17734.475.86$6,895
Mar 200425234.365.53$1,394
Feb 200429932.455.51$1,647
Jan 200417632.036.30$1,109
Dec 200321830.266.30$1,374
Nov 200326128.804.60$1,199
Oct 200326728.174.76$1,271
Sep 200328126.314.75$1,335
Aug 200330429.765.13$1,559
Jul 200331429.415.17$1,624
Jun 200333328.565.98$1,992
May 200335026.595.97$2,090
Apr 200348926.675.41$2,644
Mar 200339931.146.10$2,432
Feb 200334733.487.93$2,750
Jan 200333130.315.58$1,848
Dec 200238026.914.85$1,844
Nov 200233424.664.14$1,382
Oct 200242626.464.23$1,802
Sep 200213027.443.64$473
Aug 200228325.963.16$895
Jul 200256524.583.06$1,730
Jun 200253423.733.34$1,783
May 200234824.663.58$1,247
Apr 200246623.653.51$1,637
Mar 200241822.003.10$1,297
Feb 200234918.222.38$829
Jan 200256717.172.38$1,347
Dec 20011,15316.932.36$2,726
Nov 200162818.072.41$1,511
Oct 200151219.782.53$1,295
Sep 200179624.262.25$1,792
Aug 200172424.873.05$2,210
Jul 200175723.933.20$2,420
Jun 200179924.563.82$3,056
May 200185325.524.31$3,674
Apr 200193524.685.34$4,989
Mar 20011,12424.545.38$6,043
Feb 20011,09827.755.77$6,332
Jan 20011,54727.478.40$12,993
Dec 200084826.889.12$7,736
Nov 200083632.215.66$4,730
Oct 200097231.235.15$5,001
Sep 200096931.875.19$5,026
Aug 20001,17329.644.54$5,326
Jul 20001,23028.534.09$5,030
Jun 20001,23429.304.40$5,426
May 20001,75427.263.68$6,454
Apr 20001,85124.513.12$5,768
Mar 20002,20328.422.86$6,300
Feb 20002,45327.622.73$6,688
Jan 20003,32225.272.48$8,240
Dec 19994,22924.282.42$10,250
Nov 19995,13123.192.43$12,489
Oct 19998,58620.982.80$24,073
Sep 19996,48021.752.62$16,970
Aug 19995,74319.262.88$16,515
Jul 1999017.892.37$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.

Dec 2009 — as filed, then multipliedworked
Gas                  321 Mcf  × $  5.48 =     $1,760

────────────────────────────────────────────────────
Month total                                   $1,760

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. 08/G/173910 is the state's own key, not one this site invented.