CHARCA LIMITED

Operated by BLUESTONE NATURAL RES. II, LLC (P-5 76861) in the NEWARK, EAST (BARNETT SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 207841District 09Field 65280200CondensateGasSaveExport
Value, all time
$1.7 M
Sep 2004 – Sep 2016
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
145
no gaps in the span
Streams
2
condensate, 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 21,881 leases and 22,468 wells, and the rule below applies to all of them.

Discovered
1981-10-15
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 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 2009-09-29.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

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
CondensateDisposition395 bbl$27,410
GasProduction274,817 Mcf$1,665,986
Total$1,693,396

Every month this lease reported (145)

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

145 months

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 2016169336.561.99$6,185
Mar 20160233.011.79$4
Feb 20160026.472.06$0
Jan 20160127.352.36$2
Dec 20150232.362.00$4
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150440.162.87$11
Jul 20150048.152.95$0
Jun 20150256.152.88$6
May 20150155.212.96$3
Apr 20150049.822.71$0
Mar 201507942.892.93$232
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 201402086.164.05$81
Aug 20140089.394.04$0
Jul 201401196.564.18$46
Jun 201403798.164.74$175
May 2014040294.734.73$1,900
Apr 201401,56895.944.81$7,541
Mar 201401,86495.895.06$9,426
Feb 20140097.406.19$0
Jan 201401,06090.404.86$5,152
Dec 20130091.824.35$0
Nov 201301,71988.853.74$6,426
Oct 201302,16697.423.78$8,186
Sep 201332,297104.113.72$8,852
Aug 2013111,958104.253.52$8,044
Jul 20131314102.523.72$1,385
Jun 201307394.403.93$287
May 2013118694.834.15$11,215
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130391.233.42$10
Jan 20132891.603.42$211
Dec 20122286.773.42$180
Nov 20122286.953.62$181
Oct 201202489.383.40$82
Sep 20122494.672.92$201
Aug 201201,99092.662.91$5,787
Jul 201221,72685.133.02$5,384
Jun 201253,07379.822.52$8,140
May 2012585591.612.49$2,586
Apr 201214101.652.00$110
Mar 201231,412105.052.22$3,453
Feb 201211,482101.102.57$3,910
Jan 201201,95098.092.73$5,331
Dec 201102,13896.873.24$6,927
Nov 201131,62695.723.31$5,671
Oct 201162,13784.983.65$8,307
Sep 201111,02883.623.99$4,181
Aug 201101,80083.404.15$7,469
Jul 201122,06094.144.52$9,494
Jun 201131,89892.904.64$9,085
May 201102,02898.134.40$8,933
Apr 201111,910105.964.33$8,383
Mar 201142,24196.364.06$9,478
Feb 201111,64085.644.18$6,941
Jan 201132,38386.504.59$11,195
Dec 201012,33385.734.35$10,229
Nov 201022,36080.843.80$9,119
Oct 201002,38178.103.51$8,355
Sep 201032,50772.633.98$10,194
Aug 201032,60873.684.42$11,747
Jul 201003,10072.554.74$14,683
Jun 201011,67570.364.91$8,295
May 201003,45771.124.24$14,641
Apr 201012,78881.694.12$11,576
Mar 201022,70978.394.39$12,046
Feb 201022,64473.585.44$14,537
Jan 201041,96874.365.96$12,035
Dec 200943,07571.445.48$17,148
Nov 200902,92974.593.75$10,988
Oct 200903,20172.544.11$13,157
Sep 200903,37865.543.06$10,353
Aug 200904,03567.423.22$12,987
Jul 200903,59461.133.46$12,451
Jun 200905,00466.163.90$19,491
May 200901,67254.743.93$6,564
Apr 200902,58346.773.59$9,267
Mar 200903,72142.144.06$15,104
Feb 200902,22532.814.63$10,308
Jan 200902,10335.865.37$11,295
Dec 200803,04637.105.98$18,206
Nov 200803,06655.496.86$21,034
Oct 200801,43375.246.92$9,919
Sep 20081684101.767.88$5,490
Aug 200802,242114.228.48$19,019
Jul 200802,653131.0811.39$30,216
Jun 200803,187131.3313.03$41,535
May 20087160123.1711.57$2,714
Apr 200811110.3110.45$121
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 200701,14491.677.29$8,342
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 200709,93969.066.39$63,490
Jul 200701,62970.906.39$10,406
Jun 200704,98862.007.55$37,652
May 200703,51758.747.85$27,595
Apr 200701,62059.617.81$12,644
Mar 200702,69456.927.30$19,672
Feb 20070055.108.22$0
Jan 2007021150.306.73$1,419
Dec 2006072656.656.92$5,023
Nov 200601,00754.207.62$7,671
Oct 200603,45154.906.01$20,754
Sep 200603,71460.085.04$18,708
Aug 200603,55468.717.34$26,086
Jul 200605,58069.376.34$35,393
Jun 200606,44566.286.38$41,144
May 200603,55866.016.42$22,860
Apr 200606,94064.397.36$51,082
Mar 200605,98156.707.08$42,363
Feb 200604,55457.597.75$35,299
Jan 200604,73160.598.93$42,264
Dec 200504,29254.9413.42$57,579
Nov 200504,54354.6910.59$48,103
Oct 200503,06358.3413.80$42,256
Sep 200504,45161.4512.08$53,764
Aug 2005067461.519.80$6,603
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050349.207.36$22
Mar 2005025750.377.15$1,839
Feb 200503,13745.226.31$19,800
Jan 200506,73843.166.32$42,599
Dec 2004011,83039.866.75$79,865
Nov 2004012,34345.286.33$78,136
Oct 2004012,96349.706.52$84,455
Sep 200401,30543.245.28$6,895

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.

Apr 2016 — as filed, then multipliedworked
Condensate           169 bbl  × $ 36.56 =     $6,179
Gas                    3 Mcf  × $  1.99 =         $6

────────────────────────────────────────────────────
Month total                                   $6,185

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. 09/G/207841 is the state's own key, not one this site invented.