CHALK, G. O. "A"

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 18987District 08Field 42971332Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$2.7 M
Jan 1993 – Apr 2012
Value, last 12 filed months
$88 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
NGPA3none

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
OilDisposition76,271 bbl$2,626,120
Casinghead gasProduction32,502 Mcf$50,945
Total$2,677,064

19,327 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 (5)

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 32.1323, -101.2535. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

32.13260, -101.25359 · 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%
5 of 5 wells
With a plug date
60.0%
3 of 5 wells
Median depth
3,050 ft
5 wells filed one
Completion to plug
14.6 years
median over 3 wells

What the state filed about each well

On the RRC proration schedule
5100.0%
A plug date is filed
360.0%
BothOn the schedule and plugged. Neither fact cancels the other.
360.0%
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

Between 3,000 and 3,100 ft, median 3,050 ft, over the 5 wells that filed a depth.

Completions filed
Oct 1980 – Sep 2016
5 of 5 wells
Plug dates filed
May 1996 – Apr 2017
3 of 5 wells; 2 filed none

Last completion to plug: a median of 14.6 years across the 3 wells that filed both dates, with the middle half between 8.2 years and 24.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

5 wells

42-22731070103,050 ftSep 2016Yes
42-22731164113,100 ftJul 2015Apr 2017Yes
42-227100549 L3,000 ftOct 2014Yes
42-227042384 L3,015 ftOct 1981May 1996Yes
42-22732176123,050 ftOct 1980Jan 2015Yes

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 20111128295.723.31$10,992
Oct 20111257284.983.65$10,885
Sep 20111105483.623.99$9,413
Aug 20111265283.404.15$10,724
Jul 20111615694.144.52$15,410
Jun 2011176092.904.64$16,350
May 2011147398.134.40$14,438
Apr 201117411105.964.33$18,485
Mar 20111681396.364.06$16,241
Feb 20111342685.644.18$11,584
Jan 20111634686.504.59$14,311
Dec 20101621985.734.35$13,971
Nov 20101813380.843.80$14,757
Oct 20101836078.103.51$14,503
Sep 20101785672.633.98$13,151
Aug 20102137973.684.42$16,043
Jul 20102078072.554.74$15,397
Jun 20101988570.364.91$14,349
May 20102407471.124.24$17,382
Apr 20102284081.694.12$18,790
Mar 20102597578.394.39$20,632
Feb 20102576373.585.44$19,253
Jan 20102608374.365.96$19,829
Dec 20092947771.445.48$21,426
Nov 20092787374.593.75$21,010
Oct 20092825572.544.11$20,682
Sep 20092533565.543.06$16,689
Aug 20092534767.423.22$17,209
Jul 20092483461.133.46$15,278
Jun 20092534466.163.90$16,910
May 20092162754.743.93$11,930
Apr 20092004046.773.59$9,498
Mar 20092314242.144.06$9,905
Feb 20092213732.814.63$7,422
Jan 20092634035.865.37$9,646
Dec 20082461937.105.98$9,240
Nov 20082391355.496.86$13,351
Oct 20082472175.246.92$18,730
Sep 200824818101.767.88$25,378
Aug 200826122114.228.48$29,998
Jul 200825320131.0811.39$33,391
Jun 200823322131.3313.03$30,887
May 200824834123.1711.57$30,940
Apr 200825539110.3110.45$28,537
Mar 200826440101.909.66$27,288
Feb 20082434092.538.77$22,836
Jan 20082703690.388.21$24,698
Dec 20072924288.337.30$26,099
Nov 20072943491.677.29$27,199
Oct 20072863582.856.92$23,937
Sep 20072253175.846.24$17,258
Aug 20072943669.066.39$20,534
Jul 20072832270.906.39$20,205
Jun 20072772662.007.55$17,370
May 20072792458.747.85$16,577
Apr 20072923259.617.81$17,656
Mar 20073202856.927.30$18,419
Feb 20072862055.108.22$15,923
Jan 20073282350.306.73$16,653
Dec 20063362656.656.92$19,214
Nov 20063212854.207.62$17,611
Oct 20063503054.906.01$19,395
Sep 20063573260.085.04$21,610
Aug 20063583268.717.34$24,833
Jul 20062671969.376.34$18,642
Jun 20063381666.286.38$22,505
May 20063604466.016.42$24,046
Apr 20063388964.397.36$22,419
Mar 20063588356.707.08$20,886
Feb 20063236057.597.75$19,067
Jan 20063355160.598.93$20,753
Dec 20052964054.9413.42$16,799
Nov 20053125254.6910.59$17,614
Oct 20053014058.3413.80$18,112
Sep 20051861761.4512.08$11,635
Aug 2005200061.519.80$12,302
Jul 20053014555.697.84$17,116
Jun 20052973052.337.38$15,763
May 20053625045.226.65$16,702
Apr 20053215549.207.36$16,198
Mar 20053375150.377.15$17,340
Feb 20053384345.226.31$15,556
Jan 20053472443.166.32$15,128
Dec 20043475539.866.75$14,203
Nov 20043695845.286.33$17,075
Oct 20043915949.706.52$19,817
Sep 20043286343.245.28$14,516
Aug 20043216542.375.55$13,962
Jul 20043246838.286.08$12,816
Jun 20043356236.106.43$12,492
May 20043716537.486.49$14,327
Apr 20043355334.475.86$11,858
Mar 20043785334.365.53$13,281
Feb 20042624832.455.51$8,766
Jan 20042825032.036.30$9,347
Dec 20032865430.266.30$8,995
Nov 20032825528.804.60$8,374
Oct 20033145228.174.76$9,093
Sep 20033485826.314.75$9,431
Aug 20032886229.765.13$8,889
Jul 20032786429.415.17$8,507
Jun 20032124728.565.98$6,336
May 20033016226.595.97$8,374
Apr 20032305926.675.41$6,453
Mar 20032436131.146.10$7,939
Feb 20032395633.487.93$8,446
Jan 20032625630.315.58$8,254
Dec 20022565826.914.85$7,170
Nov 2002233024.664.14$5,746
Oct 20022195626.464.23$6,032
Sep 20021964427.443.64$5,538
Aug 20022275625.963.16$6,070
Jul 20022355424.583.06$5,942
Jun 20021945423.733.34$4,784
May 20022315824.663.58$5,904
Apr 20022416023.653.51$5,910
Mar 20022274622.003.10$5,137
Feb 2002215018.222.38$3,917
Jan 20022605017.172.38$4,583
Dec 20012125616.932.36$3,722
Nov 20012235218.072.41$4,155
Oct 20012596019.782.53$5,275
Sep 20012825824.262.25$6,972
Aug 20012455824.873.05$6,270
Jul 20012805823.933.20$6,886
Jun 20013145824.563.82$7,934
May 20013575425.524.31$9,343
Apr 20013736024.685.34$9,526
Mar 20013635424.545.38$9,198
Feb 20013774827.755.77$10,739
Jan 2001383027.478.40$10,521
Dec 2000376026.889.12$10,107
Nov 20003495232.215.66$11,536
Oct 200044715031.235.15$14,732
Sep 2000378131.875.19$12,052
Aug 2000401729.644.54$11,917
Jul 2000377028.534.09$10,756
Jun 20003797829.304.40$11,448
May 20003503627.263.68$9,673
Apr 20003176724.513.12$7,978
Mar 200033710028.422.86$9,864
Feb 200026611027.622.73$7,647
Jan 200037014125.272.48$9,700
Dec 199931213224.282.42$7,895
Nov 199929313023.192.43$7,111
Oct 199930413620.982.80$6,759
Sep 199933216021.752.62$7,640
Aug 199927914619.262.88$5,793
Jul 199916713117.892.37$3,298
Jun 199919410015.942.36$3,329
May 199923614515.792.32$4,063
Apr 199932713715.102.21$5,240
Mar 199931115812.471.84$4,169
Feb 19993131229.981.82$3,346
Jan 199939610810.381.90$4,316
Dec 19983721309.201.77$3,653
Nov 199834712910.892.19$4,061
Oct 199835313212.421.97$4,644
Sep 199845416212.592.08$6,053
Aug 199844613911.301.91$5,305
Jul 199847413411.742.24$5,865
Jun 199838311811.242.24$4,569
May 199848012212.622.21$6,327
Apr 199846510113.042.51$6,317
Mar 199858615312.802.31$7,854
Feb 199857110013.952.30$8,195
Jan 199851411714.702.15$7,808
Dec 199757012516.322.41$9,604
Nov 199760013318.193.09$11,325
Oct 199763317119.253.15$12,724
Sep 199758116917.742.95$10,806
Aug 199756536917.862.55$11,034
Jul 199758836217.582.25$11,150
Jun 199765233817.242.26$12,003
May 199747937018.972.31$9,941
Apr 199744134217.882.08$8,597
Mar 199745036318.951.94$9,231
Feb 199748632820.492.21$10,682
Jan 199742033723.483.54$11,054
Dec 199645634523.32$10,634
Nov 199650042421.97$10,985
Oct 199654738323.31$12,751
Sep 199647135822.22$10,466
Aug 199652436120.26$10,616
Jul 199653237219.55$10,401
Jun 199645233718.73$8,466
May 199662136719.43$12,066
Apr 199654932721.51$11,809
Mar 199657435419.38$11,124
Feb 199659835016.98$10,154
Jan 199668534817.07$11,693
Dec 199565538317.19$11,259
Nov 199560436616.00$9,664
Oct 199562754615.43$9,675
Sep 199560636616.18$9,805
Aug 199548535215.92$7,721
Jul 199549736615.24$7,574
Jun 199555737816.41$9,140
May 199550942317.56$8,938
Apr 199541838617.73$7,411
Mar 199534932216.44$5,738
Feb 1995328116.58$5,438
Jan 199539239415.92$6,241
Dec 199438839715.03$5,832
Nov 199441136015.90$6,535
Oct 199432544715.58$5,064
Sep 199434945415.29$5,336
Aug 199437648816.13$6,065
Jul 199439848217.56$6,989
Jun 199440118617.09$6,853
May 199451448215.88$8,162
Apr 199440149214.14$5,670
Mar 199449245612.46$6,130
Feb 199434936012.50$4,363
Jan 199433252112.66$4,203
Dec 199335829512.33$4,414
Nov 199339730314.49$5,753
Oct 199344549115.85$7,053
Sep 199337944415.03$5,696
Aug 199335249015.66$5,512
Jul 199333751815.46$5,210
Jun 199332753916.79$5,490
May 199330552017.68$5,392
Apr 199333151018.05$5,975
Mar 199334350718.14$6,222
Feb 199335847817.90$6,408
Jan 199336249816.93$6,129

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                  112 bbl  × $ 95.72 =    $10,721
Casinghead gas        82 Mcf  × $  3.31 =       $272

────────────────────────────────────────────────────
Month total                                  $10,992

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/18987 is the state's own key, not one this site invented.