LINDAMOOD

Operated by CHESAPEAKE OPERATING, L.L.C. (P-5 147699) 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 256924District 09Field 65280200GasSaveExport
Value, all time
$2.5 M
Mar 2010 – Feb 2016
Value, last 12 filed months
$0
at the published price for each month
Months reported
72
no gaps in the span
Streams
1
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
GasProduction609,013 Mcf$2,470,253
Total$2,470,253

Every month this lease reported (72)

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

72 months

Feb 2016026.472.06$0
Jan 2016027.352.36$0
Dec 2015032.362.00$0
Nov 2015038.792.17$0
Oct 2015043.552.43$0
Sep 2015042.992.76$0
Aug 2015040.162.87$0
Jul 2015048.152.95$0
Jun 2015056.152.88$0
May 2015055.212.96$0
Apr 2015049.822.71$0
Mar 2015042.892.93$0
Feb 2015044.662.98$0
Jan 2015043.433.10$0
Dec 20145,04454.693.59$18,115
Nov 20144,41270.464.25$18,759
Oct 20143,54178.303.90$13,813
Sep 20147,01886.164.05$28,391
Aug 20141,08289.394.04$4,366
Jul 20142,04596.564.18$8,547
Jun 20143,85898.164.74$18,275
May 20144,64794.734.73$21,964
Apr 20146,85595.944.81$32,967
Mar 20144,71095.895.06$23,818
Feb 20143,72197.406.19$23,040
Jan 20145,73790.404.86$27,886
Dec 20132,09191.824.35$9,105
Nov 20133,53888.853.74$13,226
Oct 20131,40997.423.78$5,325
Sep 2013339104.113.72$1,260
Aug 20135,045104.253.52$17,772
Jul 20133,414102.523.72$12,692
Jun 20135,11294.403.93$20,108
May 20139,12394.834.15$37,852
Apr 20133,68893.964.28$15,794
Mar 20134,44593.623.91$17,393
Feb 20133,74091.233.42$12,790
Jan 20136,71091.603.42$22,948
Dec 20127,62086.773.42$26,062
Nov 201210,03486.953.62$36,373
Oct 20125,88489.383.40$20,004
Sep 20122,54994.672.92$7,439
Aug 20125,05292.662.91$14,692
Jul 20121,54985.133.02$4,679
Jun 201216079.822.52$403
May 201219791.612.49$490
Apr 20123,004101.652.00$5,998
Mar 20124,605105.052.22$10,233
Feb 20127,261101.102.57$18,663
Jan 201212,25598.092.73$33,506
Dec 201113,13596.873.24$42,554
Nov 201120,54095.723.31$68,014
Oct 201112,24084.983.65$44,658
Sep 201120,90883.623.99$83,335
Aug 201127,00783.404.15$112,061
Jul 201129,61994.144.52$133,796
Jun 201125,62992.904.64$118,915
May 201136,80098.134.40$162,097
Apr 201137,542105.964.33$162,680
Mar 201140,85296.364.06$165,750
Feb 201135,38885.644.18$147,921
Jan 201140,97086.504.59$188,002
Dec 201054,38385.734.35$236,444
Nov 201052,50680.843.80$199,278
Oct 2010078.103.51$0
Sep 2010072.633.98$0
Aug 2010073.684.42$0
Jul 2010072.554.74$0
Jun 2010070.364.91$0
May 2010071.124.24$0
Apr 2010081.694.12$0
Mar 2010078.394.39$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.

Dec 2014 — as filed, then multipliedworked
Gas                5,044 Mcf  × $  3.59 =    $18,115

────────────────────────────────────────────────────
Month total                                  $18,115

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/256924 is the state's own key, not one this site invented.