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 208610District 09Field 65280200CondensateGasSaveExport
Value, all time
$5.1 M
Sep 2004 – Sep 2016
Value, last 12 filed months
$2 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
CondensateDisposition914 bbl$57,737
GasProduction803,276 Mcf$5,060,281
Total$5,118,018

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 201642336.561.99$1,541
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 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140296.564.18$8
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 201301,31488.853.74$4,912
Oct 201301,56197.423.78$5,900
Sep 201341,427104.113.72$5,722
Aug 201310670104.253.52$3,403
Jul 2013131,660102.523.72$7,504
Jun 201392,52494.403.93$10,778
May 201392,26594.834.15$10,251
Apr 201392,35293.964.28$10,918
Mar 201392,34093.623.91$9,999
Feb 201342,14691.233.42$7,704
Jan 2013142,12891.603.42$8,560
Dec 201252,28986.773.42$8,263
Nov 201241,89186.953.62$7,203
Oct 201202,77089.383.40$9,417
Sep 201242,40194.672.92$7,386
Aug 201202,75292.662.91$8,003
Jul 201222,65285.133.02$8,181
Jun 201233,72279.822.52$9,615
May 201244,86291.612.49$12,465
Apr 201225,087101.652.00$10,361
Mar 201272,307105.052.22$5,862
Feb 20122279101.102.57$919
Jan 201222,52798.092.73$7,105
Dec 201102,29096.873.24$7,419
Nov 201132,99895.723.31$10,214
Oct 201175,71984.983.65$21,461
Sep 201126,87083.623.99$27,550
Aug 20111787,00983.404.15$43,928
Jul 201117,69794.144.52$34,863
Jun 201132,56092.904.64$12,157
May 201105,27498.134.40$23,231
Apr 201105,859105.964.33$25,389
Mar 201153,27796.364.06$13,778
Feb 201101,76285.644.18$7,365
Jan 201133,70386.504.59$17,252
Dec 201035,08685.734.35$22,370
Nov 201036,59280.843.80$25,261
Oct 201006,24378.103.51$21,906
Sep 201017,14272.633.98$28,494
Aug 201024,66273.684.42$20,750
Jul 201007,09372.554.74$33,596
Jun 201018,60270.364.91$42,310
May 201008,86971.124.24$37,562
Apr 201017,80981.694.12$32,276
Mar 201017,80578.394.39$34,332
Feb 201017,85373.585.44$42,812
Jan 201036,15374.365.96$36,920
Dec 200958,94771.445.48$49,420
Nov 200906,34074.593.75$23,785
Oct 200907,68772.544.11$31,595
Sep 200907,81965.543.06$23,963
Aug 200909,28467.423.22$29,881
Jul 200907,87361.133.46$27,276
Jun 200907,36466.163.90$28,683
May 200909,08754.743.93$35,673
Apr 200908,73946.773.59$31,351
Mar 20091898,53942.144.06$42,624
Feb 200907,73732.814.63$35,846
Jan 200905,71935.865.37$30,717
Dec 200807,79937.105.98$46,616
Nov 200806,31755.496.86$43,337
Oct 200805,63175.246.92$38,978
Sep 200805,418101.767.88$42,678
Aug 200807,586114.228.48$64,352
Jul 200809,675131.0811.39$110,193
Jun 200807,865131.3313.03$102,502
May 200848,801123.1711.57$102,358
Apr 200819,114110.3110.45$95,396
Mar 200807,016101.909.66$67,803
Feb 200805,50692.538.77$48,291
Jan 200807,26890.388.21$59,639
Dec 200703,80688.337.30$27,791
Nov 2007092591.677.29$6,745
Oct 200703,74282.856.92$25,902
Sep 20070075.846.24$0
Aug 200709,50969.066.39$60,743
Jul 200709,11570.906.39$58,226
Jun 200707,37562.007.55$55,670
May 2007010,25658.747.85$80,471
Apr 200708,63659.617.81$67,406
Mar 2007010,78956.927.30$78,781
Feb 20071785,93055.108.22$58,529
Jan 200707,44550.306.73$50,081
Dec 200604,23656.656.92$29,307
Nov 200607,21354.207.62$54,945
Oct 2006012,34254.906.01$74,222
Sep 2006012,26760.085.04$61,791
Aug 2006012,51168.717.34$91,830
Jul 2006012,24669.376.34$77,673
Jun 2006011,55766.286.38$73,779
May 2006011,06466.016.42$71,086
Apr 2006010,37664.397.36$76,372
Mar 2006010,95556.707.08$77,593
Feb 2006011,62957.597.75$90,138
Jan 200609,52160.598.93$85,054
Dec 200505,87254.9413.42$78,775
Nov 200503,07254.6910.59$32,528
Oct 200503,21258.3413.80$44,312
Sep 200506,92961.4512.08$83,695
Aug 2005011,62361.519.80$113,869
Jul 2005014,31355.697.84$112,266
Jun 2005012,15152.337.38$89,687
May 2005014,63445.226.65$97,333
Apr 2005016,11749.207.36$118,629
Mar 200516116,33350.377.15$124,970
Feb 2005016,97245.226.31$107,126
Jan 2005020,96543.166.32$132,545
Dec 2004023,60439.866.75$159,352
Nov 2004040,63945.286.33$257,262
Oct 2004017,40649.706.52$113,402
Sep 20040043.245.28$0

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            42 bbl  × $ 36.56 =     $1,536
Gas                    3 Mcf  × $  1.99 =         $6

────────────────────────────────────────────────────
Month total                                   $1,541

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/208610 is the state's own key, not one this site invented.