CHEVES, CARL V.

Operated by MITCHELL ENERGY CORPORATION (P-5 570655) in the BOONSVILLE (BEND CONGL., GAS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 28548District 09Field 10574520NGPA filingCondensateGasSaveExport
Value, all time
$50 k
Jan 1993 – Sep 1999
Value, last 12 filed months
$9 k
at the published price for each month
Months reported
81
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 3,438 leases and 3,443 wells, and the rule below applies to all of them.

Discovered
1945-05-01
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 80 acres. The field rule took effect on 1991-06-10.

The Commission's schedule remark for this field reads: AMOUNT HAD BEEN CALCULATED FOR 5/1/97.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition91 bbl$1,547
GasProduction46,772 Mcf$48,242
Total$49,788

26,166 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 33.1254, -97.9024. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.12541, -97.90243 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
5,764 ft
1 wells filed one
Completion to plug
31.8 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 5,764 ft.

Completions filed
Jul 1967
1 of 1 wells
Plug dates filed
May 1999
1 of 1 wells

Last completion to plug: a median of 31.8 years across the 1 well that filed both dates, with the middle half between 31.8 years and 31.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4970092315,764 ftJul 1967May 1999Yes

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 (81)

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

81 months

Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 199964015.942.36$1,020
May 19990015.792.32$0
Apr 1999053415.102.21$1,179
Mar 1999063712.471.84$1,171
Feb 199906299.981.82$1,143
Jan 1999059610.381.90$1,132
Dec 199804529.201.77$802
Nov 1998057710.892.19$1,261
Oct 1998069612.421.97$1,371
Sep 1998066512.592.08$1,385
Aug 1998070011.301.91$1,335
Jul 1998769811.742.24$1,644
Jun 1998070911.242.24$1,586
May 1998077312.622.21$1,706
Apr 1998067513.042.51$1,691
Mar 1998083612.802.31$1,931
Feb 1998054513.952.30$1,253
Jan 1998078914.702.15$1,700
Dec 1997086116.322.41$2,076
Nov 1997078218.193.09$2,415
Oct 1997087019.253.15$2,740
Sep 1997087417.742.95$2,583
Aug 1997091017.862.55$2,325
Jul 1997085617.582.25$1,923
Jun 1997071417.242.26$1,612
May 1997087018.972.31$2,008
Apr 1997074117.882.08$1,543
Mar 1997092718.951.94$1,798
Feb 1997072820.492.21$1,606
Jan 1997096223.483.54$3,405
Dec 1996099523.32$0
Nov 199601,04621.97$0
Oct 199601,37223.31$0
Sep 19962088322.22$444
Aug 1996058120.26$0
Jul 1996052519.55$0
Jun 1996052218.73$0
May 1996047019.43$0
Apr 1996049821.51$0
Mar 1996046819.38$0
Feb 1996039716.98$0
Jan 1996042317.07$0
Dec 1995045417.19$0
Nov 1995041216.00$0
Oct 1995035015.43$0
Sep 1995051216.18$0
Aug 1995052015.92$0
Jul 1995055015.24$0
Jun 1995046816.41$0
May 1995046917.56$0
Apr 1995050217.73$0
Mar 1995046616.44$0
Feb 1995045116.58$0
Jan 1995025015.92$0
Dec 1994044415.03$0
Nov 1994030915.90$0
Oct 1994052115.58$0
Sep 1994054215.29$0
Aug 1994044816.13$0
Jul 1994039717.56$0
Jun 1994035017.09$0
May 1994045115.88$0
Apr 1994039814.14$0
Mar 1994049912.46$0
Feb 1994033312.50$0
Jan 1994029212.66$0
Dec 1993021212.33$0
Nov 1993040814.49$0
Oct 1993049615.85$0
Sep 1993063315.03$0
Aug 1993046015.66$0
Jul 1993060815.46$0
Jun 1993059816.79$0
May 1993035917.68$0
Apr 199301,01818.05$0
Mar 199301,04918.14$0
Feb 1993078317.90$0
Jan 1993097416.93$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.

Jun 1999 — as filed, then multipliedworked
Condensate            64 bbl  × $ 15.94 =     $1,020
Gas                    0 Mcf  × $  2.36 =         $0

────────────────────────────────────────────────────
Month total                                   $1,020

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/28548 is the state's own key, not one this site invented.