CHALK -B- DUNCAN

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

Oil lease lease 41227District 08Field 42971200Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$2.4 M
Dec 2011 – Feb 2017
Value, last 12 filed months
$0
at the published price for each month
Months reported
63
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 231 leases and 2,805 wells, and the rule below applies to all of them.

Discovered
2011-11-22
as the register files it
Field class
Oil
the register's own label
Between wells
0 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 2014-01-07.

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: P-15'S, ACRES LIST, AND LEASE PLATS REQUIRED.

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
OilDisposition25,375 bbl$2,370,280
Casinghead gasProduction2,996 Mcf$10,946
Total$2,381,226

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 32.0985, -101.2792. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

32.09855, -101.27917 · 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
16.7%
1 of 6 wells
With a plug date
16.7%
1 of 6 wells
Median depth
3,250 ft
6 wells filed one
Completion to plug
9 months
median over 1 well

What the state filed about each well

On the RRC proration schedule
116.7%
A plug date is filed
116.7%
BothOn the schedule and plugged. Neither fact cancels the other.
116.7%
NeitherNo plug date, and not on the schedule.
583.3%

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 3,200 and 3,345 ft, median 3,250 ft, over the 6 wells that filed a depth.

Completions filed
Oct 1988 – Feb 2015
6 of 6 wells
Plug dates filed
May 2013
1 of 6 wells; 5 filed none

Last completion to plug: a median of 9 months across the 1 well that filed both dates, with the middle half between 9 months and 9 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

6 wells

42-227103125W3,250 ftFeb 2015
42-2271012333,200 ftAug 2012May 2013Yes
42-227009871W3,304 ftJan 1989
42-227009892W3,345 ftDec 1988
42-2273431773,200 ftNov 1988
42-2273431683,250 ftOct 1988

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 (63)

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

63 months

Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 2014355054.693.59$19,415
Nov 2014285070.464.25$20,081
Oct 2014259078.303.90$20,280
Sep 2014192086.164.05$16,543
Aug 2014669089.394.04$59,802
Jul 2014407096.564.18$39,300
Jun 2014156098.164.74$15,313
May 2014274094.734.73$25,956
Apr 201431111995.944.81$30,410
Mar 201431832395.895.06$32,126
Feb 201427512597.406.19$27,559
Jan 2014390090.404.86$35,256
Dec 2013445091.824.35$40,860
Nov 2013373088.853.74$33,141
Oct 2013478097.423.78$46,567
Sep 2013538206104.113.72$56,777
Aug 2013272228104.253.52$29,159
Jul 201335993102.523.72$37,150
Jun 201363225694.403.93$60,668
May 201332711194.834.15$31,470
Apr 20136192893.964.28$58,281
Mar 201351821393.623.91$49,329
Feb 201347221291.233.42$43,786
Jan 20136206891.603.42$57,025
Dec 2012683086.773.42$59,264
Nov 20121,294186.953.62$112,517
Oct 20121,0804189.383.40$96,670
Sep 20121,0277594.672.92$97,445
Aug 20121,0167492.662.91$94,358
Jul 201280314085.133.02$68,782
Jun 201299115779.822.52$79,497
May 20121,43129091.612.49$131,816
Apr 20121,611106101.652.00$163,970
Mar 20121,38167105.052.22$145,223
Feb 20121,4144101.102.57$142,966
Jan 20121,6271298.092.73$159,625
Dec 20111,4734796.873.24$142,842

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 2014 — as filed, then multipliedworked
Oil                  355 bbl  × $ 54.69 =    $19,415
Casinghead gas         0 Mcf  × $  3.59 =         $0

────────────────────────────────────────────────────
Month total                                  $19,415

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/41227 is the state's own key, not one this site invented.