CHALK, G.O. -A-

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

Oil lease lease 29702District 08Field 42971166Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$2.0 M
Jan 1993 – Apr 2012
Value, last 12 filed months
$151 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 49 leases and 134 wells, and the rule below applies to all of them.

Discovered
1970-01-28
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 20 acres. The field rule took effect on 2010-09-14.

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
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
OilDisposition62,659 bbl$2,022,116
Casinghead gasProduction15,770 Mcf$23,793
Total$2,045,909

9,461 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 (2)

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 32.1329, -101.2484. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

32.13294, -101.24843 · 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%
2 of 2 wells
With a plug date
50.0%
1 of 2 wells
Median depth
5,788 ft
2 wells filed one
Completion to plug
17.6 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
150.0%
BothOn the schedule and plugged. Neither fact cancels the other.
150.0%
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 4,100 and 7,475 ft, median 5,788 ft, over the 2 wells that filed a depth.

Completions filed
Dec 2005 – Jul 2016
2 of 2 wells
Plug dates filed
Jul 2023
1 of 2 wells; 1 filed none

Last completion to plug: a median of 17.6 years across the 1 well that filed both dates, with the middle half between 17.6 years and 17.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-22733458134,100 ftJul 2016Yes
42-22733978167,475 ftDec 2005Jul 2023Yes

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 20112164295.723.31$20,815
Oct 20112213684.983.65$18,912
Sep 20112132783.623.99$17,919
Aug 20112332683.404.15$19,540
Jul 20112502894.144.52$23,661
Jun 2011294092.904.64$27,313
May 2011228298.134.40$22,382
Apr 20112385105.964.33$25,240
Mar 2011252796.364.06$24,311
Feb 20112011385.644.18$17,268
Jan 20112442386.504.59$21,212
Dec 2010243985.734.35$20,872
Nov 20102721680.843.80$22,049
Oct 20102753078.103.51$21,583
Sep 20102672872.633.98$19,504
Aug 20103023973.684.42$22,424
Jul 20103654072.554.74$26,670
Jun 20103563870.364.91$25,235
May 20104053171.124.24$28,935
Apr 20104562081.694.12$37,333
Mar 20105273878.394.39$41,478
Feb 20105423373.585.44$40,060
Jan 20104994174.365.96$37,350
Dec 20095353971.445.48$38,434
Nov 20094873774.593.75$36,464
Oct 20091142772.544.11$8,381
Sep 2009691865.543.06$4,577
Aug 2009692367.423.22$4,726
Jul 2009681761.133.46$4,216
Jun 2009692266.163.90$4,651
May 2009591454.743.93$3,285
Apr 2009552046.773.59$2,644
Mar 2009612142.144.06$2,656
Feb 2009652032.814.63$2,225
Jan 2009542035.865.37$2,044
Dec 200841937.105.98$1,575
Nov 200844655.496.86$2,483
Oct 2008451075.246.92$3,455
Sep 2008459101.767.88$4,650
Aug 20084711114.228.48$5,462
Jul 20084610131.0811.39$6,144
Jun 2008348131.3313.03$4,569
May 20084517123.1711.57$5,739
Apr 20084619110.3110.45$5,273
Mar 20084920101.909.66$5,186
Feb 2008712092.538.77$6,745
Jan 20081151890.388.21$10,541
Dec 20071052188.337.30$9,428
Nov 20071071791.677.29$9,933
Oct 20071071882.856.92$8,990
Sep 20071061975.846.24$8,158
Aug 20071071869.066.39$7,504
Jul 20071031170.906.39$7,373
Jun 20071051362.007.55$6,608
May 20071111258.747.85$6,614
Apr 20071391659.617.81$8,411
Mar 20072141456.927.30$12,283
Feb 2007174955.108.22$9,661
Jan 20070050.306.73$0
Dec 20061056.656.92$57
Nov 200667554.207.62$3,669
Oct 20062061654.906.01$11,406
Sep 20061651660.085.04$9,994
Aug 20062101668.717.34$14,547
Jul 20062551269.376.34$17,765
Jun 20061825266.286.38$12,395
May 2006621666.016.42$4,195
Apr 20061814564.397.36$11,986
Mar 20061803856.707.08$10,475
Feb 20061502557.597.75$8,832
Jan 20061802660.598.93$11,138
Dec 20051361854.9413.42$7,713
Nov 20059054.6910.59$492
Oct 20051632058.3413.80$9,785
Sep 20051561461.4512.08$9,755
Aug 2005162061.519.80$9,965
Jul 20051422055.697.84$8,065
Jun 20051401252.337.38$7,415
May 20051542045.226.65$7,097
Apr 200529549.207.36$1,464
Mar 200542650.377.15$2,158
Feb 200532345.226.31$1,466
Jan 2005197943.166.32$8,559
Dec 20041971939.866.75$7,981
Nov 20042072045.286.33$9,500
Oct 20042212149.706.52$11,121
Sep 20041362243.245.28$5,997
Aug 20042282342.375.55$9,788
Jul 20042292438.286.08$8,912
Jun 20041842236.106.43$6,784
May 20042252337.486.49$8,582
Apr 20041371934.475.86$4,834
Mar 20043201934.365.53$11,100
Feb 20041151632.455.51$3,820
Jan 20041101832.036.30$3,637
Dec 20031562630.266.30$4,884
Nov 20031532728.804.60$4,530
Oct 20031221928.174.76$3,527
Sep 20031912926.314.75$5,163
Aug 20032153129.765.13$6,557
Jul 20032163129.415.17$6,513
Jun 20031131628.565.98$3,323
May 20032363026.595.97$6,454
Apr 20033382926.675.41$9,171
Mar 20033563031.146.10$11,269
Feb 20032321833.487.93$7,910
Jan 20033422430.315.58$10,500
Dec 20023232426.914.85$8,808
Nov 2002292024.664.14$7,201
Oct 20023292826.464.23$8,824
Sep 20022942227.443.64$8,147
Aug 20023032825.963.16$7,954
Jul 20023072724.583.06$7,629
Jun 20022912723.733.34$6,996
May 20023332924.663.58$8,316
Apr 20022893023.653.51$6,940
Mar 20022732322.003.10$6,077
Feb 2002310018.222.38$5,648
Jan 20023522517.172.38$6,103
Dec 20011601416.932.36$2,742
Nov 20011541218.072.41$2,812
Oct 20013363019.782.53$6,722
Sep 20013082924.262.25$7,537
Aug 20012692924.873.05$6,779
Jul 20013302923.933.20$7,990
Jun 20013142924.563.82$7,823
May 20013062725.524.31$7,925
Apr 20013193024.685.34$8,033
Mar 20013102724.545.38$7,753
Feb 20012832427.755.77$7,992
Jan 2001262027.478.40$7,197
Dec 2000266026.889.12$7,150
Nov 20002462632.215.66$8,071
Oct 20003177531.235.15$10,286
Sep 2000289131.875.19$9,216
Aug 2000302429.644.54$8,969
Jul 20003232528.534.09$9,317
Jun 20003543929.304.40$10,544
May 20004533627.263.68$12,481
Apr 20003946724.513.12$9,866
Mar 20003675028.422.86$10,573
Feb 20003665527.622.73$10,259
Jan 20004615725.272.48$11,791
Dec 19994706624.282.42$11,572
Nov 19994096623.192.43$9,645
Oct 19994656920.982.80$9,949
Sep 19994016421.752.62$8,889
Aug 19994677219.262.88$9,201
Jul 19992927617.892.37$5,404
Jun 19992967515.942.36$4,895
May 19993017315.792.32$4,922
Apr 19993896515.102.21$6,017
Mar 19994387412.471.84$5,598
Feb 1999417619.981.82$4,273
Jan 19994675410.381.90$4,950
Dec 1998558659.201.77$5,249
Nov 19985506510.892.19$6,132
Oct 19983835512.421.97$4,865
Sep 19984898212.592.08$6,327
Aug 19985467011.301.91$6,303
Jul 19985066811.742.24$6,093
Jun 19984615911.242.24$5,314
May 19984795812.622.21$6,173
Apr 19985105213.042.51$6,781
Mar 19987228012.802.31$9,426
Feb 19985313913.952.30$7,497
Jan 19986336014.702.15$9,434
Dec 19976016216.322.41$9,958
Nov 19975986718.193.09$11,085
Oct 19976038619.253.15$11,879
Sep 19976068717.742.95$11,008
Aug 199740816717.862.55$7,714
Jul 199742616417.582.25$7,858
Jun 199729915317.242.26$5,500
May 199743316818.972.31$8,602
Apr 199744017117.882.08$8,223
Mar 199744918118.951.94$8,860
Feb 199748416420.492.21$10,279
Jan 199742016823.483.54$10,456
Dec 199645317223.32$10,564
Nov 199629021221.97$6,371
Oct 199631619123.31$7,366
Sep 199627217922.22$6,044
Aug 199630418020.26$6,159
Jul 199630718619.55$6,002
Jun 199623314818.73$4,364
May 199634318319.43$6,664
Apr 199637517921.51$8,066
Mar 199638119319.38$7,384
Feb 199632517516.98$5,519
Jan 199640517417.07$6,913
Dec 199541619117.19$7,151
Nov 199539818316.00$6,368
Oct 199514418415.43$2,222
Sep 199523511616.18$3,802
Aug 199548417615.92$7,705
Jul 199549618315.24$7,559
Jun 199555718916.41$9,140
May 199550721117.56$8,903
Apr 199541819317.73$7,411
Mar 199533414916.44$5,491
Feb 1995328116.58$5,438
Jan 199539820015.92$6,336
Dec 199438519815.03$5,787
Nov 199441218015.90$6,551
Oct 199432422315.58$5,048
Sep 199434822715.29$5,321
Aug 199437624416.13$6,065
Jul 199439824117.56$6,989
Jun 19944259317.09$7,263
May 199431819815.88$5,050
Apr 199430624614.14$4,327
Mar 199434222012.46$4,261
Feb 199419118012.50$2,388
Jan 199416526012.66$2,089
Dec 199326514712.33$3,267
Nov 199321915214.49$3,173
Oct 199324424515.85$3,867
Sep 199321022215.03$3,156
Aug 199325824515.66$4,040
Jul 199325926315.46$4,004
Jun 199323726916.79$3,979
May 199325426417.68$4,491
Apr 199327425518.05$4,946
Mar 199318325318.14$3,320
Feb 199318923917.90$3,383
Jan 199323624916.93$3,995

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                  216 bbl  × $ 95.72 =    $20,676
Casinghead gas        42 Mcf  × $  3.31 =       $139

────────────────────────────────────────────────────
Month total                                  $20,815

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/29702 is the state's own key, not one this site invented.