CHALK, OTIS

Name: CHALK, OTIS lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by KEELEY OIL, L.L.C. (P-5 453380) 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 26950District 08Field 42971332Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$6.6 M

Jan 1993 – Feb 2017

Value, last 12 filed months

at the published price for each month

Months reported

290

no gaps in the span

Streams

oil, casinghead gas

The HOWARD-GLASSCOCK (GLORIETA) field

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.”

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.

Stream	Basis	Volume	Value
Oil	Disposition	149,537 bbl	$6,620,908
Casinghead gas	Production	22 Mcf	$0
Total			$6,620,908

22 Mcf of this lease's gas, across 22 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 (4)

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 32.1105, -101.2698. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

32.11012, -101.27004 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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%

4 of 4 wells

With a plug date

0.0%

0 of 4 wells

Median depth

3,157 ft

4 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

4100.0%

A plug date is filed

00.0%

BothOn the schedule and plugged. Neither fact cancels the other.

00.0%

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 3,017 and 3,250 ft, median 3,157 ft, over the 4 wells that filed a depth.

Completions filed

Oct 1981 – Dec 1981

4 of 4 wells

4 wells


42-22732585	7	3,250 ft	Dec 1981	—	Yes
42-22732584	8D	3,155 ft	Dec 1981	—	Yes
42-22732586	6	3,159 ft	Nov 1981	—	Yes
42-22704261	2	3,017 ft	Oct 1981	—	Yes

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 (290)

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

290 months


Feb 2017	0	0	50.45	2.95	$0
Jan 2017	0	0	49.41	3.42	$0
Dec 2016	0	0	48.76	3.72	$0
Nov 2016	0	0	42.49	2.64	$0
Oct 2016	0	0	46.19	3.09	$0
Sep 2016	0	0	41.55	3.10	$0
Aug 2016	0	0	41.44	2.92	$0
Jul 2016	0	0	41.62	2.92	$0
Jun 2016	0	0	45.35	2.69	$0
May 2016	0	0	42.52	1.99	$0
Apr 2016	0	0	36.56	1.99	$0
Mar 2016	0	0	33.01	1.79	$0
Feb 2016	0	0	26.47	2.06	$0
Jan 2016	0	0	27.35	2.36	$0
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	0	0	38.79	2.17	$0
Oct 2015	0	0	43.55	2.43	$0
Sep 2015	0	0	42.99	2.76	$0
Aug 2015	0	0	40.16	2.87	$0
Jul 2015	0	0	48.15	2.95	$0
Jun 2015	0	0	56.15	2.88	$0
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	581	0	89.39	4.04	$51,936
Jul 2014	581	0	96.56	4.18	$56,101
Jun 2014	585	0	98.16	4.74	$57,424
May 2014	386	0	94.73	4.73	$36,566
Apr 2014	403	0	95.94	4.81	$38,664
Mar 2014	383	0	95.89	5.06	$36,726
Feb 2014	396	0	97.40	6.19	$38,570
Jan 2014	391	0	90.40	4.86	$35,346
Dec 2013	419	0	91.82	4.35	$38,473
Nov 2013	584	0	88.85	3.74	$51,888
Oct 2013	591	0	97.42	3.78	$57,575
Sep 2013	390	0	104.11	3.72	$40,603
Aug 2013	583	0	104.25	3.52	$60,778
Jul 2013	591	0	102.52	3.72	$60,589
Jun 2013	581	0	94.40	3.93	$54,846
May 2013	590	0	94.83	4.15	$55,950
Apr 2013	588	0	93.96	4.28	$55,248
Mar 2013	594	0	93.62	3.91	$55,610
Feb 2013	395	0	91.23	3.42	$36,036
Jan 2013	589	0	91.60	3.42	$53,952
Dec 2012	593	0	86.77	3.42	$51,455
Nov 2012	394	0	86.95	3.62	$34,258
Oct 2012	591	0	89.38	3.40	$52,824
Sep 2012	390	0	94.67	2.92	$36,921
Aug 2012	392	0	92.66	2.91	$36,323
Jul 2012	584	0	85.13	3.02	$49,716
Jun 2012	390	0	79.82	2.52	$31,130
May 2012	586	0	91.61	2.49	$53,683
Apr 2012	391	0	101.65	2.00	$39,745
Mar 2012	588	0	105.05	2.22	$61,769
Feb 2012	397	0	101.10	2.57	$40,137
Jan 2012	593	0	98.09	2.73	$58,167
Dec 2011	598	0	96.87	3.24	$57,928
Nov 2011	394	0	95.72	3.31	$37,714
Oct 2011	394	0	84.98	3.65	$33,482
Sep 2011	585	0	83.62	3.99	$48,918
Aug 2011	391	0	83.40	4.15	$32,609
Jul 2011	390	0	94.14	4.52	$36,715
Jun 2011	587	0	92.90	4.64	$54,532
May 2011	391	0	98.13	4.40	$38,369
Apr 2011	588	0	105.96	4.33	$62,304
Mar 2011	593	0	96.36	4.06	$57,141
Feb 2011	197	0	85.64	4.18	$16,871
Jan 2011	595	0	86.50	4.59	$51,468
Dec 2010	399	0	85.73	4.35	$34,206
Nov 2010	594	0	80.84	3.80	$48,019
Oct 2010	396	0	78.10	3.51	$30,928
Sep 2010	593	0	72.63	3.98	$43,070
Aug 2010	392	0	73.68	4.42	$28,883
Jul 2010	587	0	72.55	4.74	$42,587
Jun 2010	589	0	70.36	4.91	$41,442
May 2010	587	0	71.12	4.24	$41,747
Apr 2010	584	0	81.69	4.12	$47,707
Mar 2010	596	0	78.39	4.39	$46,720
Feb 2010	402	0	73.58	5.44	$29,579
Jan 2010	597	0	74.36	5.96	$44,393
Dec 2009	597	0	71.44	5.48	$42,650
Nov 2009	582	0	74.59	3.75	$43,411
Oct 2009	593	0	72.54	4.11	$43,016
Sep 2009	394	0	65.54	3.06	$25,823
Aug 2009	775	0	67.42	3.22	$52,251
Jul 2009	585	0	61.13	3.46	$35,761
Jun 2009	585	0	66.16	3.90	$38,704
May 2009	586	0	54.74	3.93	$32,078
Apr 2009	793	0	46.77	3.59	$37,089
Mar 2009	598	0	42.14	4.06	$25,200
Feb 2009	591	0	32.81	4.63	$19,391
Jan 2009	598	0	35.86	5.37	$21,444
Dec 2008	586	0	37.10	5.98	$21,741
Nov 2008	597	0	55.49	6.86	$33,128
Oct 2008	589	0	75.24	6.92	$44,316
Sep 2008	786	0	101.76	7.88	$79,983
Aug 2008	591	0	114.22	8.48	$67,504
Jul 2008	586	0	131.08	11.39	$76,813
Jun 2008	587	0	131.33	13.03	$77,091
May 2008	775	0	123.17	11.57	$95,457
Apr 2008	587	0	110.31	10.45	$64,752
Mar 2008	595	0	101.90	9.66	$60,631
Feb 2008	588	0	92.53	8.77	$54,408
Jan 2008	595	0	90.38	8.21	$53,776
Dec 2007	597	0	88.33	7.30	$52,733
Nov 2007	601	0	91.67	7.29	$55,094
Oct 2007	589	0	82.85	6.92	$48,799
Sep 2007	593	0	75.84	6.24	$44,973
Aug 2007	588	0	69.06	6.39	$40,607
Jul 2007	590	0	70.90	6.39	$41,831
Jun 2007	589	0	62.00	7.55	$36,518
May 2007	587	0	58.74	7.85	$34,480
Apr 2007	380	0	59.61	7.81	$22,652
Mar 2007	594	0	56.92	7.30	$33,810
Feb 2007	590	0	55.10	8.22	$32,509
Jan 2007	398	0	50.30	6.73	$20,019
Dec 2006	400	0	56.65	6.92	$22,660
Nov 2006	592	0	54.20	7.62	$32,086
Oct 2006	394	0	54.90	6.01	$21,631
Sep 2006	581	0	60.08	5.04	$34,906
Aug 2006	393	0	68.71	7.34	$27,003
Jul 2006	583	0	69.37	6.34	$40,443
Jun 2006	391	0	66.28	6.38	$25,915
May 2006	386	0	66.01	6.42	$25,480
Apr 2006	393	0	64.39	7.36	$25,305
Mar 2006	596	0	56.70	7.08	$33,793
Feb 2006	399	0	57.59	7.75	$22,978
Jan 2006	591	0	60.59	8.93	$35,809
Dec 2005	402	0	54.94	13.42	$22,086
Nov 2005	391	0	54.69	10.59	$21,384
Oct 2005	590	0	58.34	13.80	$34,421
Sep 2005	392	0	61.45	12.08	$24,088
Aug 2005	589	0	61.51	9.80	$36,229
Jul 2005	390	0	55.69	7.84	$21,719
Jun 2005	589	0	52.33	7.38	$30,822
May 2005	393	0	45.22	6.65	$17,771
Apr 2005	592	0	49.20	7.36	$29,126
Mar 2005	397	0	50.37	7.15	$19,997
Feb 2005	569	0	45.22	6.31	$25,730
Jan 2005	399	0	43.16	6.32	$17,221
Dec 2004	396	0	39.86	6.75	$15,785
Nov 2004	578	0	45.28	6.33	$26,172
Oct 2004	396	0	49.70	6.52	$19,681
Sep 2004	506	0	43.24	5.28	$21,879
Aug 2004	587	0	42.37	5.55	$24,871
Jul 2004	372	0	38.28	6.08	$14,240
Jun 2004	593	0	36.10	6.43	$21,407
May 2004	391	0	37.48	6.49	$14,655
Apr 2004	555	0	34.47	5.86	$19,131
Mar 2004	598	0	34.36	5.53	$20,547
Feb 2004	399	0	32.45	5.51	$12,948
Jan 2004	398	0	32.03	6.30	$12,748
Dec 2003	564	0	30.26	6.30	$17,067
Nov 2003	397	0	28.80	4.60	$11,434
Oct 2003	598	0	28.17	4.76	$16,846
Sep 2003	392	0	26.31	4.75	$10,314
Aug 2003	586	0	29.76	5.13	$17,439
Jul 2003	587	0	29.41	5.17	$17,264
Jun 2003	394	0	28.56	5.98	$11,253
May 2003	393	0	26.59	5.97	$10,450
Apr 2003	592	0	26.67	5.41	$15,789
Mar 2003	398	0	31.14	6.10	$12,394
Feb 2003	590	0	33.48	7.93	$19,753
Jan 2003	399	0	30.31	5.58	$12,094
Dec 2002	596	0	26.91	4.85	$16,038
Nov 2002	396	0	24.66	4.14	$9,765
Oct 2002	572	0	26.46	4.23	$15,135
Sep 2002	393	0	27.44	3.64	$10,784
Aug 2002	587	0	25.96	3.16	$15,239
Jul 2002	392	0	24.58	3.06	$9,635
Jun 2002	533	0	23.73	3.34	$12,648
May 2002	589	0	24.66	3.58	$14,525
Apr 2002	396	0	23.65	3.51	$9,365
Mar 2002	521	0	22.00	3.10	$11,462
Feb 2002	396	0	18.22	2.38	$7,215
Jan 2002	589	0	17.17	2.38	$10,113
Dec 2001	580	0	16.93	2.36	$9,819
Nov 2001	398	0	18.07	2.41	$7,192
Oct 2001	531	0	19.78	2.53	$10,503
Sep 2001	577	0	24.26	2.25	$13,998
Aug 2001	395	0	24.87	3.05	$9,824
Jul 2001	555	0	23.93	3.20	$13,281
Jun 2001	592	0	24.56	3.82	$14,540
May 2001	592	0	25.52	4.31	$15,108
Apr 2001	398	0	24.68	5.34	$9,823
Mar 2001	601	0	24.54	5.38	$14,749
Feb 2001	400	0	27.75	5.77	$11,100
Jan 2001	589	0	27.47	8.40	$16,180
Dec 2000	601	0	26.88	9.12	$16,155
Nov 2000	597	0	32.21	5.66	$19,229
Oct 2000	567	0	31.23	5.15	$17,707
Sep 2000	586	0	31.87	5.19	$18,676
Aug 2000	573	0	29.64	4.54	$16,984
Jul 2000	561	0	28.53	4.09	$16,005
Jun 2000	394	0	29.30	4.40	$11,544
May 2000	551	0	27.26	3.68	$15,020
Apr 2000	394	0	24.51	3.12	$9,657
Mar 2000	687	0	28.42	2.86	$19,525
Feb 2000	594	0	27.62	2.73	$16,406
Jan 2000	598	0	25.27	2.48	$15,111
Dec 1999	389	0	24.28	2.42	$9,445
Nov 1999	764	0	23.19	2.43	$17,717
Oct 1999	395	0	20.98	2.80	$8,287
Sep 1999	586	0	21.75	2.62	$12,746
Aug 1999	588	0	19.26	2.88	$11,325
Jul 1999	553	0	17.89	2.37	$9,893
Jun 1999	578	0	15.94	2.36	$9,213
May 1999	588	0	15.79	2.32	$9,285
Apr 1999	574	0	15.10	2.21	$8,667
Mar 1999	739	0	12.47	1.84	$9,215
Feb 1999	397	0	9.98	1.82	$3,962
Jan 1999	587	0	10.38	1.90	$6,093
Dec 1998	583	0	9.20	1.77	$5,364
Nov 1998	574	0	10.89	2.19	$6,251
Oct 1998	598	0	12.42	1.97	$7,427
Sep 1998	586	0	12.59	2.08	$7,378
Aug 1998	593	0	11.30	1.91	$6,701
Jul 1998	774	0	11.74	2.24	$9,087
Jun 1998	586	0	11.24	2.24	$6,587
May 1998	547	0	12.62	2.21	$6,903
Apr 1998	574	0	13.04	2.51	$7,485
Mar 1998	591	0	12.80	2.31	$7,565
Feb 1998	587	0	13.95	2.30	$8,189
Jan 1998	600	0	14.70	2.15	$8,820
Dec 1997	594	0	16.32	2.41	$9,694
Nov 1997	771	0	18.19	3.09	$14,024
Oct 1997	597	0	19.25	3.15	$11,492
Sep 1997	586	0	17.74	2.95	$10,396
Aug 1997	592	0	17.86	2.55	$10,573
Jul 1997	784	0	17.58	2.25	$13,783
Jun 1997	588	0	17.24	2.26	$10,137
May 1997	573	0	18.97	2.31	$10,870
Apr 1997	592	0	17.88	2.08	$10,585
Mar 1997	783	0	18.95	1.94	$14,838
Feb 1997	601	0	20.49	2.21	$12,314
Jan 1997	594	0	23.48	3.54	$13,947
Dec 1996	601	0	23.32	—	$14,015
Nov 1996	597	0	21.97	—	$13,116
Oct 1996	598	0	23.31	—	$13,939
Sep 1996	794	0	22.22	—	$17,643
Aug 1996	589	0	20.26	—	$11,933
Jul 1996	782	0	19.55	—	$15,288
Jun 1996	592	0	18.73	—	$11,088
May 1996	786	0	19.43	—	$15,272
Apr 1996	591	0	21.51	—	$12,712
Mar 1996	599	0	19.38	—	$11,609
Feb 1996	798	0	16.98	—	$13,550
Jan 1996	567	0	17.07	—	$9,679
Dec 1995	605	0	17.19	—	$10,400
Nov 1995	790	0	16.00	—	$12,640
Oct 1995	790	0	15.43	—	$12,190
Sep 1995	592	0	16.18	—	$9,579
Aug 1995	590	0	15.92	—	$9,393
Jul 1995	771	0	15.24	—	$11,750
Jun 1995	789	0	16.41	—	$12,947
May 1995	790	0	17.56	—	$13,872
Apr 1995	593	0	17.73	—	$10,514
Mar 1995	796	0	16.44	—	$13,086
Feb 1995	598	0	16.58	—	$9,915
Jan 1995	773	0	15.92	—	$12,306
Dec 1994	788	0	15.03	—	$11,844
Nov 1994	799	0	15.90	—	$12,704
Oct 1994	765	1	15.58	—	$11,919
Sep 1994	971	1	15.29	—	$14,847
Aug 1994	786	1	16.13	—	$12,678
Jul 1994	782	1	17.56	—	$13,732
Jun 1994	783	1	17.09	—	$13,381
May 1994	985	1	15.88	—	$15,642
Apr 1994	793	1	14.14	—	$11,213
Mar 1994	795	1	12.46	—	$9,906
Feb 1994	594	1	12.50	—	$7,425
Jan 1994	800	1	12.66	—	$10,128
Dec 1993	966	1	12.33	—	$11,911
Nov 1993	799	1	14.49	—	$11,578
Oct 1993	792	1	15.85	—	$12,553
Sep 1993	984	1	15.03	—	$14,790
Aug 1993	786	1	15.66	—	$12,309
Jul 1993	987	1	15.46	—	$15,259
Jun 1993	788	1	16.79	—	$13,231
May 1993	980	1	17.68	—	$17,326
Apr 1993	793	1	18.05	—	$14,314
Mar 1993	796	1	18.14	—	$14,439
Feb 1993	1,002	1	17.90	—	$17,936
Jan 1993	800	1	16.93	—	$13,544

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.

Aug 2014 — as filed, then multipliedworked

Oil                  581 bbl  × $ 89.39 =    $51,936
Casinghead gas         0 Mcf  × $  4.04 =         $0

────────────────────────────────────────────────────
Month total                                  $51,936

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/26950 is the state's own key, not one this site invented.