CHALKLEY "B"

Operated by OLSEN ENERGY INC. (P-5 621750) in the LEHN-APCO, S. (WICHITA-ALBANY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 58181District 08Field 53010500Hydrogen sulphide fieldOilSaveExport
Value, all time
$664 k
Jun 2022 – May 2026
Value, last 12 filed months
$139 k
at the published price for each month
Months reported
48
no gaps in the span
Streams
1
oil

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 31 leases and 36 wells, and the rule below applies to all of them.

Discovered
1977-07-05
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1992-12-14.

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: TO 4645'

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
OilDisposition8,722 bbl$664,374
Total$664,374

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 31.1046, -102.6797. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.10459, -102.67970 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
4,838 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
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.
1100.0%

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 4,838 ft.

Completions filed
May 2001
1 of 1 wells

1 well

42-3713246914,838 ftMay 2001

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 (48)

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

48 months

May 2026176106.413.05$18,728
Apr 2026098.932.87$0
Mar 202635089.753.15$31,413
Feb 2026063.503.75$0
Jan 202617559.138.00$10,348
Dec 202517456.664.41$9,859
Nov 202519058.593.93$11,132
Oct 202519159.383.30$11,342
Sep 202518262.743.08$11,419
Aug 202516663.933.01$10,612
Jul 202517766.743.32$11,813
Jun 202518266.483.13$12,099
May 202518060.553.23$10,899
Apr 202516862.363.54$10,476
Mar 202518267.704.27$12,321
Feb 2025070.884.34$0
Jan 202517174.324.28$12,709
Dec 202416368.993.12$11,245
Nov 202435769.052.20$24,651
Oct 202418271.372.28$12,989
Sep 202418769.612.36$13,017
Aug 202417075.632.06$12,857
Jul 202417279.932.15$13,748
Jun 202415678.082.63$12,180
May 202416978.812.20$13,319
Apr 202437184.451.66$31,331
Mar 202416880.301.55$13,490
Feb 202433376.091.78$25,338
Jan 202418873.023.30$13,728
Dec 202318271.262.61$12,969
Nov 202317977.892.81$13,942
Oct 202318585.443.09$15,806
Sep 2023089.042.74$0
Aug 202334680.522.67$27,860
Jul 202318174.852.64$13,548
Jun 202316268.962.26$11,172
May 202318070.622.23$12,712
Apr 202334278.122.24$26,717
Mar 202318872.852.39$13,696
Feb 202316975.112.47$12,694
Jan 202316776.533.39$12,781
Dec 202218476.415.73$14,059
Nov 202216685.005.65$14,110
Oct 202217487.185.86$15,169
Sep 202211284.888.16$9,507
Aug 202216794.529.13$15,785
Jul 2022179101.587.54$18,183
Jun 2022179115.097.98$20,601

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.

May 2026 — as filed, then multipliedworked
Oil                  176 bbl  × $106.41 =    $18,728

────────────────────────────────────────────────────
Month total                                  $18,728

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/58181 is the state's own key, not one this site invented.