CHALK, G. O.

Operated by CONOCOPHILLIPS COMPANY (P-5 172232) in the HOWARD-GLASSCOCK (GLORIETA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 18986District 08Field 42971332Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$7.7 M
Jan 1993 – Apr 2012
Value, last 12 filed months
$583 k
at the published price for each month
Months reported
232
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 131 leases and 850 wells, and the rule below applies to all of them.

Discovered
1925-12-31
as the register files it
Field class
Oil
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 10 acres.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: 11/22/11.

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
NGPA5none

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
OilDisposition212,017 bbl$7,610,007
Casinghead gasProduction29,642 Mcf$84,394
Total$7,694,402

10,953 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 (10)

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 32.1188, -101.2631. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

32.11883, -101.26306 · 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%
10 of 10 wells
With a plug date
50.0%
5 of 10 wells
Median depth
3,100 ft
9 wells filed one
Completion to plug
21.8 years
median over 5 wells

What the state filed about each well

On the RRC proration schedule
10100.0%
A plug date is filed
550.0%
BothOn the schedule and plugged. Neither fact cancels the other.
550.0%
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

Total depth in feet, 9 of 10 wells. Median 3,100 ft, with the middle half between 3,049 and 3,100 ft; the shallowest is 2,961 ft and the deepest 3,350 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 9 of 10 wells, Jun 1980 – Jun 2019. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Jun 1980 – Jun 2019
9 of 10 wells; 1 filed none
Plug dates filed
Jan 2005 – Jun 2021
5 of 10 wells; 5 filed none

Last completion to plug: a median of 21.8 years across the 5 wells that filed both dates, with the middle half between 11.7 years and 24.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

10 wells

42-2271005315 LYes
42-22700503122,961 ftJun 2019Yes
42-2271005113 L3,049 ftApr 2014Yes
42-2271005214 L3,000 ftSep 2013Apr 2017Yes
42-22732784243,150 ftJul 2009Yes
42-22733069253,100 ftMar 2008Nov 2019Yes
42-22733401263,100 ftMar 2003Yes
42-22732769233,350 ftMar 1983Jan 2005Yes
42-22732158223,100 ftSep 1980Jun 2021Yes
42-22732157213,100 ftJun 1980Jan 2005Yes

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 (232)

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

232 months

Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 201173019795.723.31$70,528
Oct 201188017184.983.65$75,406
Sep 201182313683.623.99$69,361
Aug 201197012983.404.15$81,433
Jul 20111,07413994.144.52$101,734
Jun 20111,106092.904.64$102,747
May 2011829898.134.40$81,385
Apr 201193026105.964.33$98,655
Mar 20115281996.364.06$50,955
Feb 20116025585.644.18$51,785
Jan 20117829586.504.59$68,079
Dec 20101,0004985.734.35$85,943
Nov 20101,1348280.843.80$91,984
Oct 20101,18715078.103.51$93,231
Sep 20101,10514072.633.98$80,813
Aug 20101,00218173.684.42$74,627
Jul 201083317672.554.74$61,268
Jun 201081119270.364.91$58,005
May 20101,05218171.124.24$75,585
Apr 20109769781.694.12$80,129
Mar 20101,06319178.394.39$84,167
Feb 201099016373.585.44$73,731
Jan 201088520774.365.96$67,043
Dec 200985517171.445.48$62,019
Nov 200975215274.593.75$56,662
Oct 200995210172.544.11$69,473
Sep 20091,0548865.543.06$69,349
Aug 200975910667.423.22$51,513
Jul 20096556561.133.46$40,265
Jun 20096528766.163.90$43,475
May 20095355454.743.93$29,498
Apr 20094678046.773.59$22,129
Mar 20095378342.144.06$22,966
Feb 20095237632.814.63$17,512
Jan 20095828035.865.37$21,300
Dec 20085383837.105.98$20,187
Nov 20085232655.496.86$29,200
Oct 20086074275.246.92$45,961
Sep 200869736101.767.88$71,210
Aug 200869344114.228.48$79,528
Jul 200866440131.0811.39$87,493
Jun 200857239131.3313.03$75,629
May 200865668123.1711.57$81,587
Apr 200867277110.3110.45$74,933
Mar 200869079101.909.66$71,074
Feb 20086418092.538.77$60,013
Jan 20087077290.388.21$64,489
Dec 20075576488.337.30$49,667
Nov 20075655191.677.29$52,165
Oct 20077466982.856.92$62,284
Sep 20077607575.846.24$58,107
Aug 20077667169.066.39$53,354
Jul 20077354370.906.39$52,386
Jun 20076084562.007.55$38,036
May 20074713658.747.85$27,949
Apr 20076045559.617.81$36,434
Mar 20077345556.927.30$42,181
Feb 20076674055.108.22$37,080
Jan 20076513550.306.73$32,981
Dec 20067434956.656.92$42,430
Nov 20067295754.207.62$39,946
Oct 20067686154.906.01$42,530
Sep 20066534960.085.04$39,479
Aug 20066394968.717.34$44,265
Jul 20067634669.376.34$53,221
Jun 20067122766.286.38$47,364
May 200681815966.016.42$55,018
Apr 200675317864.397.36$49,796
Mar 200678916156.707.08$45,877
Feb 200672011957.597.75$42,387
Jan 200674710260.598.93$46,172
Dec 20056608154.9413.42$37,347
Nov 200569610454.6910.59$39,165
Oct 20056537658.3413.80$39,145
Sep 20056465361.4512.08$40,337
Aug 2005674061.519.80$41,458
Jul 20057029555.697.84$39,840
Jun 20056946152.337.38$36,767
May 20058079845.226.65$37,144
Apr 200571411149.207.36$35,946
Mar 200567310450.377.15$34,643
Feb 20056548745.226.31$30,123
Jan 20056484943.166.32$28,277
Dec 200464810939.866.75$26,565
Nov 200468911645.286.33$31,932
Oct 200473611849.706.52$37,348
Sep 200490012743.245.28$39,587
Aug 200474012942.375.55$32,070
Jul 200474613638.286.08$29,384
Jun 200471812536.106.43$26,724
May 200482212937.486.49$31,646
Apr 200479113334.475.86$28,045
Mar 200491113434.365.53$32,043
Feb 200476112032.455.51$25,356
Jan 200476812632.036.30$25,393
Dec 200378113430.266.30$24,477
Nov 200377013828.804.60$22,810
Oct 200385413028.174.76$24,676
Sep 200385412926.314.75$23,081
Aug 200392015629.765.13$28,179
Jul 200393015929.415.17$28,173
Jun 200381614028.565.98$24,143
May 200387814826.595.97$24,230
Apr 200381612426.675.41$22,433
Mar 200386112831.146.10$27,592
Feb 200374711233.487.93$25,897
Jan 200377310630.315.58$24,021
Dec 200286611626.914.85$23,867
Nov 2002818024.664.14$20,172
Oct 200290414026.464.23$24,512
Sep 200279910727.443.64$22,314
Aug 200273114025.963.16$19,420
Jul 200268613524.583.06$17,275
Jun 200275112623.733.34$18,242
May 200279713624.663.58$20,141
Apr 200274814023.653.51$18,182
Mar 200275111522.003.10$16,879
Feb 2002784018.222.38$14,284
Jan 200278412517.172.38$13,758
Dec 200180214016.932.36$13,909
Nov 200184113018.072.41$15,510
Oct 200187915019.782.53$17,766
Sep 200182413624.262.25$20,296
Aug 200183014524.873.05$21,085
Jul 200186414523.933.20$21,139
Jun 200188914524.563.82$22,388
May 200186813525.524.31$22,733
Apr 200190515024.685.34$23,136
Mar 200187913524.545.38$22,296
Feb 200180112027.755.77$22,920
Jan 2001766027.478.40$21,042
Dec 2000757026.889.12$20,348
Nov 2000897032.215.66$28,892
Oct 2000879031.235.15$27,451
Sep 2000772131.875.19$24,609
Aug 2000691129.644.54$20,486
Jul 20001,073028.534.09$30,613
Jun 2000840429.304.40$24,630
May 2000762227.263.68$20,779
Apr 2000790124.513.12$19,366
Mar 2000727128.422.86$20,664
Feb 2000651127.622.73$17,983
Jan 2000602125.272.48$15,215
Dec 1999642124.282.42$15,590
Nov 1999724123.192.43$16,792
Oct 1999823120.982.80$17,269
Sep 1999833121.752.62$18,120
Aug 1999726119.262.88$13,986
Jul 1999561117.892.37$10,039
Jun 1999829115.942.36$13,217
May 19991,011115.792.32$15,966
Apr 19991,150115.102.21$17,367
Mar 19997601712.471.84$9,508
Feb 1999921159.981.82$9,219
Jan 19997043010.381.90$7,365
Dec 19989801479.201.77$9,277
Nov 19981,00318410.892.19$11,325
Oct 199899022012.421.97$12,729
Sep 19981,13829412.592.08$14,940
Aug 19981,29514411.301.91$14,908
Jul 19981,17138711.742.24$14,613
Jun 19981,11032211.242.24$13,197
May 19981,22113912.622.21$15,716
Apr 19981,0532513.042.51$13,794
Mar 19981,194212.802.31$15,288
Feb 19981,216113.952.30$16,966
Jan 19981,127114.702.15$16,569
Dec 19971,2993616.322.41$21,286
Nov 19971,29617818.193.09$24,124
Oct 19971,57915819.253.15$30,893
Sep 19971,55340617.742.95$28,750
Aug 19971,68048817.862.55$31,252
Jul 19971,67349217.582.25$30,517
Jun 19971,41144917.242.26$25,339
May 19971,46144918.972.31$28,752
Apr 19971,31627417.882.08$24,101
Mar 19971,28925418.951.94$24,919
Feb 19971,57922720.492.21$32,854
Jan 199797822923.483.54$23,774
Dec 19961,15124723.32$26,841
Nov 19961,41330221.97$31,044
Oct 19961,54631423.31$36,037
Sep 19961,42735522.22$31,708
Aug 19961,45838020.26$29,539
Jul 19961,46736619.55$28,680
Jun 19961,35539218.73$25,379
May 19961,57740319.43$30,641
Apr 19961,19734321.51$25,747
Mar 19961,40335619.38$27,190
Feb 19961,15726816.98$19,646
Jan 19961,40827217.07$24,035
Dec 19951,15432017.19$19,837
Nov 19951,25125216.00$20,016
Oct 19951,48970115.43$22,975
Sep 19951,20138816.18$19,432
Aug 19951,69042715.92$26,905
Jul 19951,25444415.24$19,111
Jun 19951,34142016.41$22,006
May 19951,02735817.56$18,034
Apr 19951,35133817.73$23,953
Mar 19951,21835616.44$20,024
Feb 199593432516.58$15,486
Jan 199564122615.92$10,205
Dec 19941,40023315.03$21,042
Nov 19941,10934915.90$17,633
Oct 19941,48116715.58$23,074
Sep 19941,5617215.29$23,868
Aug 19941,22511316.13$19,759
Jul 19941,2005117.56$21,072
Jun 19941,1451717.09$19,568
May 19941,292315.88$20,517
Apr 1994986214.14$13,942
Mar 19941,1531512.46$14,366
Feb 1994995612.50$12,438
Jan 19941,055112.66$13,356
Dec 19931,439112.33$17,743
Nov 19931,3048414.49$18,895
Oct 19931,36621615.85$21,651
Sep 19931,32221815.03$19,870
Aug 19931,3328015.66$20,859
Jul 19931,184115.46$18,305
Jun 19931,1733716.79$19,695
May 19931,32024017.68$23,338
Apr 19931,37024018.05$24,729
Mar 19931,25214618.14$22,711
Feb 19931,1655117.90$20,854
Jan 19931,3505716.93$22,856

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.

Nov 2011 — as filed, then multipliedworked
Oil                  730 bbl  × $ 95.72 =    $69,876
Casinghead gas       197 Mcf  × $  3.31 =       $652

────────────────────────────────────────────────────
Month total                                  $70,528

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/O/18986 is the state's own key, not one this site invented.