MIDLAND -L- UNIT

Operated by CHEVRON U. S. A. INC. (P-5 148113) in the DESPERADO (ATOKA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 31443District 08Field 24396100NGPA filingOilCasinghead gasSaveExport
Value, all time
$4.5 M
Jan 1993 – Jul 2018
Value, last 12 filed months
$0
at the published price for each month
Months reported
307
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 20 leases and 41 wells, and the rule below applies to all of them.

Discovered
1984-11-24
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,867 ft
minimum
From a lease line
933 ft
minimum

A drilling unit in this field needs at least 320 acres. The field rule took effect on 1985-06-01.

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
OilDisposition66,713 bbl$1,909,401
Casinghead gasProduction699,449 Mcf$2,564,429
Total$4,473,830

152,533 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 (1)

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 31.8135, -101.8945. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.81351, -101.89451 · 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%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
11,020 ft
1 wells filed one
Completion to plug
8.9 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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

The one well that filed a depth was drilled to 11,020 ft.

Completions filed
Jul 2009
1 of 1 wells
Plug dates filed
Jun 2018
1 of 1 wells

Last completion to plug: a median of 8.9 years across the 1 well that filed both dates, with the middle half between 8.9 years and 8.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-32931852111,020 ftJul 2009Jun 2018Yes

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 (307)

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

307 months

Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 201636048.763.72$1,755
Nov 20160042.492.64$0
Oct 201601046.193.09$31
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 201603542.521.99$70
Apr 20160036.561.99$0
Mar 20161758233.011.79$5,924
Feb 201602226.472.06$45
Jan 2016020027.352.36$473
Dec 20150032.362.00$0
Nov 2015058438.792.17$1,266
Oct 201501,99843.552.43$4,848
Sep 201502,62842.992.76$7,249
Aug 2015088740.162.87$2,548
Jul 2015193048.152.95$9,293
Jun 201501,88856.152.88$5,443
May 201502,40955.212.96$7,120
Apr 20151772,32149.822.71$15,100
Mar 20151972,40042.892.93$15,493
Feb 201502,22944.662.98$6,634
Jan 20151891,75643.433.10$13,653
Dec 201401,92854.693.59$6,924
Nov 20141821,68270.464.25$19,975
Oct 201401,80178.303.90$7,026
Sep 20141792,24386.164.05$24,497
Aug 201402,17289.394.04$8,764
Jul 20141872,39596.564.18$28,067
Jun 20141812,32498.164.74$28,775
May 201402,39594.734.73$11,320
Apr 20141862,18295.944.81$28,338
Mar 201402,34795.895.06$11,868
Feb 201402,14997.406.19$13,307
Jan 201402,04690.404.86$9,945
Dec 201302,44691.824.35$10,651
Nov 20131772,37788.853.74$24,612
Oct 201301,31297.423.78$4,959
Sep 20131922,206104.113.72$28,190
Aug 201301,926104.253.52$6,785
Jul 201301,257102.523.72$4,673
Jun 201302,30094.403.93$9,047
May 201302,23794.834.15$9,281
Apr 20131912,10093.964.28$26,940
Mar 201302,13193.623.91$8,338
Feb 201301,98891.233.42$6,799
Jan 201302,28691.603.42$7,818
Dec 201202,14586.773.42$7,336
Nov 201202,13186.953.62$7,725
Oct 20121772,29689.383.40$23,626
Sep 20121852,25594.672.92$24,095
Aug 201202,29692.662.91$6,677
Jul 20123492,05285.133.02$35,909
Jun 201201,89079.822.52$4,761
May 201201,36991.612.49$3,407
Apr 201201,852101.652.00$3,698
Mar 201202,723105.052.22$6,051
Feb 201202,527101.102.57$6,495
Jan 201202,72198.092.73$7,439
Dec 201102,75496.873.24$8,922
Nov 201102,72995.723.31$9,036
Oct 201102,19184.983.65$7,994
Sep 201101,21683.623.99$4,847
Aug 201102,05983.404.15$8,543
Jul 201102,39094.144.52$10,796
Jun 20111761,79192.904.64$24,660
May 201102,13098.134.40$9,382
Apr 20111842,378105.964.33$29,801
Mar 20111782,24796.364.06$26,269
Feb 201102,05485.644.18$8,586
Jan 201102,21386.504.59$10,155
Dec 20101812,08885.734.35$24,595
Nov 201002,52980.843.80$9,598
Oct 20101742,42578.103.51$22,098
Sep 20101722,64272.633.98$23,006
Aug 201002,52373.684.42$11,150
Jul 20101662,72172.554.74$24,931
Jun 20101902,73470.364.91$26,793
May 201001,64371.124.24$6,958
Apr 201002,63381.694.12$10,855
Mar 201002,75878.394.39$12,104
Feb 201002,44173.585.44$13,285
Jan 20101812,67274.365.96$29,395
Dec 200902,47271.445.48$13,556
Nov 20091762,32174.593.75$21,835
Oct 200901,95172.544.11$8,019
Sep 2009093165.543.06$2,853
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200801,217131.0811.39$13,861
Jun 200800131.3313.03$0
May 20081770123.1711.57$21,801
Apr 200801110.3110.45$10
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 200702,96191.677.29$21,591
Oct 20071833,19582.856.92$37,277
Sep 20071793,13575.846.24$33,151
Aug 20071813,20369.066.39$32,960
Jul 20071723,27070.906.39$33,083
Jun 20072503,18362.007.55$39,527
May 200703,36058.747.85$26,364
Apr 20072693,34959.617.81$42,175
Mar 200703,55056.927.30$25,922
Feb 20072133,38755.108.22$39,564
Jan 20072243,36350.306.73$33,890
Dec 200601,58956.656.92$10,993
Nov 20060054.207.62$0
Oct 200601,65154.906.01$9,929
Sep 20062873,05760.085.04$32,642
Aug 20062593,16268.717.34$41,005
Jul 20061593,25969.376.34$31,701
Jun 200603,18066.286.38$20,301
May 20062783,28666.016.42$39,463
Apr 2006276064.397.36$17,772
Mar 200603,36256.707.08$23,813
Feb 20063202,82657.597.75$40,333
Jan 20062223,30760.598.93$42,993
Dec 20052103,37954.9413.42$56,868
Nov 20053603,21954.6910.59$53,772
Oct 200503,25258.3413.80$44,864
Sep 20052193,04761.4512.08$50,262
Aug 20052273,24061.519.80$45,705
Jul 20052203,33255.697.84$38,387
Jun 20052303,14852.337.38$35,271
May 2005300045.226.65$13,566
Apr 200503,21749.207.36$23,679
Mar 20054466,72050.377.15$70,546
Feb 20050045.226.31$0
Jan 20054713,40743.166.32$41,868
Dec 200403,12739.866.75$21,111
Nov 20044493,00745.286.33$39,366
Oct 200403,34149.706.52$21,767
Sep 20044333,27843.245.28$36,044
Aug 200403,36442.375.55$18,672
Jul 20044643,37638.286.08$38,302
Jun 200403,20036.106.43$20,586
May 20044243,26637.486.49$37,103
Apr 20044533,18334.475.86$34,262
Mar 200403,35334.365.53$18,543
Feb 200403,19432.455.51$17,598
Jan 20044723,44332.036.30$36,808
Dec 200303,50430.266.30$22,081
Nov 20034693,11628.804.60$27,826
Oct 20034603,37428.174.76$29,017
Sep 200303,29626.314.75$15,654
Aug 20034713,36029.765.13$31,253
Jul 200303,26429.415.17$16,878
Jun 20034753,24428.565.98$32,975
May 200303,44126.595.97$20,552
Apr 20034393,36626.675.41$29,909
Mar 200303,45331.146.10$21,050
Feb 20033533,10833.487.93$36,452
Jan 20034453,46030.315.58$32,802
Dec 20024263,43026.914.85$28,112
Nov 200203,13024.664.14$12,949
Oct 20024513,05326.464.23$24,845
Sep 20024682,96327.443.64$23,613
Aug 200203,14325.963.16$9,945
Jul 20024633,10624.583.06$20,890
Jun 200203,03823.733.34$10,142
May 20024693,14124.663.58$22,823
Apr 20024723,32923.653.51$22,855
Mar 200203,45322.003.10$10,714
Feb 20024693,07818.222.38$15,858
Jan 200203,54917.172.38$8,431
Dec 20014573,56816.932.36$16,173
Nov 2001475118.072.41$8,586
Oct 200103,46119.782.53$8,752
Sep 20013393,49524.262.25$16,093
Aug 20014513,58124.873.05$22,150
Jul 20014533,62723.933.20$22,436
Jun 200103,55924.563.82$13,610
May 20014663,50825.524.31$27,002
Apr 20014623,46624.685.34$29,894
Mar 20014283,62124.545.38$29,971
Feb 200103,17827.755.77$18,328
Jan 20014423,47727.478.40$41,344
Dec 20004423,35626.889.12$42,496
Nov 20004463,29432.215.66$33,003
Oct 20004363,53131.235.15$31,785
Sep 200003,44031.875.19$17,842
Aug 20004753,53229.644.54$30,117
Jul 20004763,52428.534.09$27,993
Jun 20004373,38929.304.40$27,706
May 20004703,49827.263.68$25,684
Apr 200003,39424.513.12$10,576
Mar 20004523,50128.422.86$22,858
Feb 20004543,28827.622.73$21,504
Jan 20004583,50825.272.48$20,275
Dec 19996713,40624.282.42$24,547
Nov 19994743,24923.192.43$18,900
Oct 19992003,38920.982.80$13,698
Sep 19994623,34221.752.62$18,801
Aug 19994433,29019.262.88$17,993
Jul 19994363,26017.892.37$15,534
Jun 19994612,86515.942.36$14,116
May 19994343,19215.792.32$14,262
Apr 199931,10215.102.21$2,479
Mar 19994511,88812.471.84$9,095
Feb 199901,7239.981.82$3,132
Jan 199901,86110.381.90$3,536
Dec 19984811,7479.201.77$7,523
Nov 199801,79610.892.19$3,926
Oct 19984481,71212.421.97$8,935
Sep 199801,51012.592.08$3,145
Aug 199817611.301.91$156
Jul 19984702,52411.742.24$11,165
Jun 199802,38011.242.24$5,325
May 19981533,15012.622.21$8,881
Apr 19984682,37613.042.51$12,055
Mar 19984582,99112.802.31$12,770
Feb 199801,87713.952.30$4,315
Jan 19984462,97714.702.15$12,971
Dec 199701,59016.322.41$3,834
Nov 19974581,57618.193.09$13,198
Oct 199701,73419.253.15$5,462
Sep 19974451,11317.742.95$11,183
Aug 199701,82117.862.55$4,652
Jul 19974423,26917.582.25$15,116
Jun 19974653,33917.242.26$15,553
May 19974613,62218.972.31$17,107
Apr 19974663,13117.882.08$14,853
Mar 19973533,29918.951.94$13,087
Feb 19973132,99320.492.21$13,016
Jan 19974603,03223.483.54$21,533
Dec 19964293,38823.32$10,004
Nov 19964663,36521.97$10,238
Oct 19964723,02123.31$11,002
Sep 199602,99822.22$0
Aug 19964503,41420.26$9,117
Jul 19969353,63819.55$18,279
Jun 19964763,57818.73$8,915
May 19964763,61019.43$9,249
Apr 19964763,40121.51$10,239
Mar 19969103,70019.38$17,636
Feb 19964263,33416.98$7,233
Jan 19964283,53417.07$7,306
Dec 19959133,54917.19$15,694
Nov 199502,14316.00$0
Oct 19954462,17815.43$6,882
Sep 19954152,20516.18$6,715
Aug 19954542,33915.92$7,228
Jul 199502,57415.24$0
Jun 19954512,88716.41$7,401
May 19954372,92517.56$7,674
Apr 19957832,79217.73$13,883
Mar 19954732,88816.44$7,776
Feb 19958442,76516.58$13,994
Jan 19953583,13015.92$5,699
Dec 19944663,07315.03$7,004
Nov 199402,90415.90$0
Oct 19947643,31815.58$11,903
Sep 19946143,39215.29$9,388
Aug 19944223,35616.13$6,807
Jul 19944683,44117.56$8,218
Jun 19944513,42317.09$7,708
May 19949073,57615.88$14,403
Apr 19944683,46214.14$6,618
Mar 19944643,49412.46$5,781
Feb 19948512,90712.50$10,638
Jan 19944303,07912.66$5,444
Dec 19938943,01712.33$11,023
Nov 19939333,34314.49$13,519
Oct 19934432,83115.85$7,022
Sep 19934402,61415.03$6,613
Aug 19939173,16715.66$14,360
Jul 19939122,95815.46$14,100
Jun 19934293,26416.79$7,203
May 19938693,79917.68$15,364
Apr 19938423,34418.05$15,198
Mar 19938324,21218.14$15,092
Feb 19938643,19817.90$15,466
Jan 19938854,00516.93$14,983

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.

Dec 2016 — as filed, then multipliedworked
Oil                   36 bbl  × $ 48.76 =     $1,755
Casinghead gas         0 Mcf  × $  3.72 =         $0

────────────────────────────────────────────────────
Month total                                   $1,755

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/31443 is the state's own key, not one this site invented.