CHALK -B- DUNCAN

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

Oil lease lease 2721District 08Field 42971001Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$2.2 M
Jan 1993 – Apr 2012
Value, last 12 filed months
$145 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 285 leases and 3,948 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
400 ft
minimum
From a lease line
200 ft
minimum

A drilling unit in this field needs at least 5 acres. The field rule took effect on 2008-07-28.

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: HOWARD GLASSCOCK (CONSOLIDATED), EFFECTIVE 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
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
OilDisposition57,510 bbl$2,153,568
Casinghead gasProduction4,862 Mcf$17,806
Total$2,171,373

1,754 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 (6)

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 32.0986, -101.2793. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

32.09866, -101.27932 · 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%
6 of 6 wells
With a plug date
50.0%
3 of 6 wells
Median depth
3,225 ft
6 wells filed one
Completion to plug
29.8 years
median over 3 wells

What the state filed about each well

On the RRC proration schedule
6100.0%
A plug date is filed
350.0%
BothOn the schedule and plugged. Neither fact cancels the other.
350.0%
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 2,744 and 3,345 ft, median 3,225 ft, over the 6 wells that filed a depth.

Completions filed
Apr 1965 – Feb 2015
6 of 6 wells
Plug dates filed
Jun 1995 – May 2013
3 of 6 wells; 3 filed none

Last completion to plug: a median of 29.8 years across the 3 wells that filed both dates, with the middle half between 15.3 years and 30.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

6 wells

42-2271031253,250 ftFeb 2015Yes
42-2271012333,200 ftAug 2012May 2013Yes
42-2270098713,304 ftJan 1989Yes
42-2270098923,345 ftDec 1988Yes
42-2271031362,745 ftSep 1965Jun 1995Yes
42-2271012442,744 ftApr 1965Jun 1995Yes

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 2011352395.723.31$33,703
Oct 2011423184.983.65$35,950
Sep 2011363383.623.99$30,366
Aug 20113161283.404.15$26,404
Jul 2011152394.144.52$14,323
Jun 201112092.904.64$1,115
May 201135098.134.40$3,435
Apr 20112180105.964.33$23,099
Mar 2011142096.364.06$13,683
Feb 2011194885.644.18$16,648
Jan 2011205986.504.59$17,774
Dec 20101271185.734.35$10,936
Nov 2010150180.843.80$12,130
Oct 201063078.103.51$4,920
Sep 20101682572.633.98$12,301
Aug 20103104373.684.42$23,031
Jul 20103333572.554.74$24,325
Jun 20102642270.364.91$18,683
May 20102784071.124.24$19,941
Apr 20102623281.694.12$21,535
Mar 20102685178.394.39$21,232
Feb 20102734573.585.44$20,332
Jan 20102695474.365.96$20,325
Dec 20092606971.445.48$18,953
Nov 20091762974.593.75$13,237
Oct 20092264072.544.11$16,558
Sep 20096065.543.06$393
Aug 20092724367.423.22$18,477
Jul 20093572661.133.46$21,913
Jun 20093182666.163.90$21,140
May 20093222354.743.93$17,717
Apr 20092992646.773.59$14,078
Mar 20093293342.144.06$13,998
Feb 20092482032.814.63$8,230
Jan 20092602435.865.37$9,453
Dec 20082332437.105.98$8,788
Nov 20082503055.496.86$14,078
Oct 20082692875.246.92$20,433
Sep 200817821101.767.88$18,279
Aug 200817640114.228.48$20,442
Jul 200815835131.0811.39$21,109
Jun 200814328131.3313.03$19,145
May 200814538123.1711.57$18,299
Apr 200814231110.3110.45$15,988
Mar 200815540101.909.66$16,181
Feb 20081614092.538.77$15,248
Jan 20081954190.388.21$17,961
Dec 20071844988.337.30$16,611
Nov 20071463391.677.29$13,624
Oct 20071543682.856.92$13,008
Sep 20071894375.846.24$14,602
Aug 20072331369.066.39$16,174
Jul 2007225070.906.39$15,953
Jun 2007237062.007.55$14,694
May 2007237058.747.85$13,921
Apr 2007214059.617.81$12,757
Mar 2007237056.927.30$13,490
Feb 200749055.108.22$2,700
Jan 200751050.306.73$2,565
Dec 200644056.656.92$2,493
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 200620068.717.34$1,374
Jul 20064311469.376.34$29,987
Jun 20063771066.286.38$25,051
May 20063561266.016.42$23,577
Apr 20064162264.397.36$26,948
Mar 20063481656.707.08$19,845
Feb 20064262757.597.75$24,743
Jan 2006297760.598.93$18,058
Dec 20053801254.9413.42$21,038
Nov 20053831754.6910.59$21,126
Oct 20054451458.3413.80$26,154
Sep 20054421461.4512.08$27,330
Aug 2005406061.519.80$24,973
Jul 20054632255.697.84$25,957
Jun 20054712352.337.38$24,817
May 20052733345.226.65$12,565
Apr 20052892649.207.36$14,410
Mar 20052852350.377.15$14,520
Feb 2005512345.226.31$2,451
Jan 20052681543.166.32$11,662
Dec 20042972739.866.75$12,021
Nov 20043052445.286.33$13,962
Oct 20043172049.706.52$15,885
Sep 20043072043.245.28$13,380
Aug 20043182342.375.55$13,601
Jul 20042521038.286.08$9,707
Jun 20042531936.106.43$9,256
May 2004322537.486.49$1,362
Apr 20041941734.475.86$6,787
Mar 20041792034.365.53$6,261
Feb 20041882332.455.51$6,227
Jan 20042102632.036.30$6,890
Dec 20032012130.266.30$6,215
Nov 20032082328.804.60$6,096
Oct 20032122328.174.76$6,082
Sep 20032092726.314.75$5,627
Aug 20031932329.765.13$5,862
Jul 20031982529.415.17$5,952
Jun 20031822428.565.98$5,342
May 20032293126.595.97$6,274
Apr 20032173026.675.41$5,950
Mar 20032302731.146.10$7,327
Feb 20032222733.487.93$7,647
Jan 20033713130.315.58$11,418
Dec 20023533126.914.85$9,650
Nov 20023283524.664.14$8,233
Oct 20022913726.464.23$7,856
Sep 20022723427.443.64$7,587
Aug 20024854225.963.16$12,723
Jul 20022804424.583.06$7,017
Jun 20022594723.733.34$6,303
May 20022794724.663.58$7,049
Apr 20023013223.653.51$7,231
Mar 20023182522.003.10$7,074
Feb 20022912218.222.38$5,354
Jan 20023012417.172.38$5,225
Dec 20013162416.932.36$5,407
Nov 20012062018.072.41$3,771
Oct 20012012319.782.53$4,034
Sep 20011502524.262.25$3,695
Aug 20011813124.873.05$4,596
Jul 20012833223.933.20$6,875
Jun 20012973324.563.82$7,421
May 20013962825.524.31$10,227
Apr 20013561724.685.34$8,877
Mar 20011582724.545.38$4,022
Feb 20011492727.755.77$4,290
Jan 20011663827.478.40$4,879
Dec 20002053826.889.12$5,857
Nov 20002103332.215.66$6,951
Oct 20002012731.235.15$6,416
Sep 2000193131.875.19$6,156
Aug 2000249129.644.54$7,385
Jul 2000228028.534.09$6,505
Jun 2000270029.304.40$7,911
May 2000290127.263.68$7,909
Apr 2000213124.513.12$5,224
Mar 2000151128.422.86$4,294
Feb 2000232127.622.73$6,411
Jan 2000216125.272.48$5,461
Dec 1999158124.282.42$3,839
Nov 1999150123.192.43$3,481
Oct 1999199120.982.80$4,178
Sep 1999219121.752.62$4,766
Aug 1999272119.262.88$5,242
Jul 1999309117.892.37$5,530
Jun 1999154115.942.36$2,457
May 1999272115.792.32$4,297
Apr 1999211115.102.21$3,188
Mar 1999297112.471.84$3,705
Feb 199931219.981.82$3,116
Jan 1999248110.381.90$2,576
Dec 199827419.201.77$2,523
Nov 1998259110.892.19$2,823
Oct 1998300112.421.97$3,728
Sep 1998254112.592.08$3,200
Aug 1998208111.301.91$2,352
Jul 1998286111.742.24$3,360
Jun 1998246111.242.24$2,767
May 1998313112.622.21$3,952
Apr 1998260113.042.51$3,393
Mar 1998269112.802.31$3,446
Feb 1998198113.952.30$2,764
Jan 1998308114.702.15$4,530
Dec 1997313116.322.41$5,111
Nov 1997322118.193.09$5,860
Oct 1997380119.253.15$7,318
Sep 1997328117.742.95$5,822
Aug 1997212117.862.55$3,789
Jul 1997184117.582.25$3,237
Jun 1997232117.242.26$4,002
May 1997230118.972.31$4,365
Apr 1997286117.882.08$5,116
Mar 1997214118.951.94$4,057
Feb 1997282120.492.21$5,780
Jan 1997304023.483.54$7,138
Dec 1996303123.32$7,066
Nov 1996315121.97$6,921
Oct 1996350123.31$8,159
Sep 1996424122.22$9,421
Aug 1996203120.26$4,113
Jul 1996324119.55$6,334
Jun 1996466118.73$8,728
May 1996206119.43$4,003
Apr 1996333121.51$7,163
Mar 1996204119.38$3,954
Feb 1996221116.98$3,753
Jan 19963099417.07$5,275
Dec 199522514717.19$3,868
Nov 1995176116.00$2,816
Oct 1995451115.43$6,959
Sep 199546113816.18$7,459
Aug 19951579515.92$2,499
Jul 1995240115.24$3,658
Jun 199524712516.41$4,053
May 199522912917.56$4,021
Apr 199540213117.73$7,127
Mar 199571213116.44$11,705
Feb 199546312416.58$7,677
Jan 19956932115.92$11,033
Dec 199433312215.03$5,005
Nov 19943031815.90$4,818
Oct 19943312015.58$5,157
Sep 19942921715.29$4,465
Aug 19943082316.13$4,968
Jul 19943082217.56$5,408
Jun 19942522317.09$4,307
May 19942972315.88$4,716
Apr 19942702314.14$3,818
Mar 19943362312.46$4,187
Feb 19941411912.50$1,763
Jan 19942412312.66$3,051
Dec 19933082312.33$3,798
Nov 19933342314.49$4,840
Oct 19935062215.85$8,020
Sep 199352715.03$782
Aug 19931602315.66$2,506
Jul 19931492315.46$2,304
Jun 19931091716.79$1,830
May 19931692317.68$2,988
Apr 19931512118.05$2,726
Mar 19932022418.14$3,664
Feb 19931392017.90$2,488
Jan 19931612316.93$2,726

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                  352 bbl  × $ 95.72 =    $33,693
Casinghead gas         3 Mcf  × $  3.31 =        $10

────────────────────────────────────────────────────
Month total                                  $33,703

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/2721 is the state's own key, not one this site invented.