CHOATE

Operated by SMITH PIPE OF ABILENE (P-5 794745) in the SALT FORK (MCLESTER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 90518District 09Field 79920500CondensateGasSaveExport
Value, all time
$13 k
Jan 1993 – Oct 2012
Value, last 12 filed months
$0
at the published price for each month
Months reported
238
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 4 leases and 4 wells, and the rule below applies to all of them.

Discovered
1979-08-08
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: ALLOCATION FORMULA SUSPENDED EFFECTIVE 12/1/81

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
CondensateDisposition329 bbl$6,282
GasProduction13,361 Mcf$6,651
Total$12,933

11,123 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 33.0385, -98.6883. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.03848, -98.68835 · 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
2,830 ft
1 wells filed one
Completion to plug
24.0 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 2,830 ft.

Completions filed
Sep 1980
1 of 1 wells
Plug dates filed
Sep 2004
1 of 1 wells

Last completion to plug: a median of 24.0 years across the 1 well that filed both dates, with the middle half between 24.0 years and 24.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-5033390422,830 ftSep 1980Sep 2004Yes

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 (238)

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

238 months

Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 200449042.375.55$2,076
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 200301733.487.93$135
Jan 200301130.315.58$61
Dec 200202126.914.85$102
Nov 200201524.664.14$62
Oct 200201726.464.23$72
Sep 200201927.443.64$69
Aug 200201525.963.16$47
Jul 200201824.583.06$55
Jun 200201123.733.34$37
May 200201924.663.58$68
Apr 200201623.653.51$56
Mar 200201222.003.10$37
Feb 20020918.222.38$21
Jan 200201617.172.38$38
Dec 200102416.932.36$57
Nov 200102018.072.41$48
Oct 200103019.782.53$76
Sep 200102724.262.25$61
Aug 200102624.873.05$79
Jul 200102423.933.20$77
Jun 200102524.563.82$96
May 200102525.524.31$108
Apr 200102224.685.34$117
Mar 200102224.545.38$118
Feb 200102327.755.77$133
Jan 200102327.478.40$193
Dec 200002526.889.12$228
Nov 200002232.215.66$124
Oct 200002431.235.15$123
Sep 200001631.875.19$83
Aug 200002129.644.54$95
Jul 200003428.534.09$139
Jun 200002129.304.40$92
May 200002427.263.68$88
Apr 200002524.513.12$78
Mar 2000102428.422.86$353
Feb 200003027.622.73$82
Jan 200002925.272.48$72
Dec 199903024.282.42$73
Nov 199903323.192.43$80
Oct 199902420.982.80$67
Sep 199902621.752.62$68
Aug 199962519.262.88$187
Jul 199903017.892.37$71
Jun 199902715.942.36$64
May 199902015.792.32$46
Apr 199903215.102.21$71
Mar 1999103712.471.84$193
Feb 19990339.981.82$60
Jan 199904210.381.90$80
Dec 19980409.201.77$71
Nov 199803810.892.19$83
Oct 199804512.421.97$89
Sep 199804312.592.08$90
Aug 199874511.301.91$165
Jul 199805811.742.24$130
Jun 199804411.242.24$98
May 199804812.622.21$106
Apr 199804313.042.51$108
Mar 1998106212.802.31$271
Feb 199804413.952.30$101
Jan 199804714.702.15$101
Dec 199704716.322.41$113
Nov 199704818.193.09$148
Oct 199703919.253.15$123
Sep 199704517.742.95$133
Aug 199704517.862.55$115
Jul 199704617.582.25$103
Jun 199704217.242.26$95
May 199704518.972.31$104
Apr 199764317.882.08$197
Mar 199704318.951.94$83
Feb 199703920.492.21$86
Jan 199703823.483.54$135
Dec 199603523.32$0
Nov 199604321.97$0
Oct 1996113023.31$256
Sep 199602322.22$0
Aug 199603820.26$0
Jul 199604019.55$0
Jun 199603818.73$0
May 199603219.43$0
Apr 199603121.51$0
Mar 199602519.38$0
Feb 199602816.98$0
Jan 1996511517.07$85
Dec 199504817.19$0
Nov 199505216.00$0
Oct 199503915.43$0
Sep 199504416.18$0
Aug 1995104415.92$159
Jul 199503315.24$0
Jun 199504816.41$0
May 199506217.56$0
Apr 199506317.73$0
Mar 199565816.44$99
Feb 199505216.58$0
Jan 199505915.92$0
Dec 199485515.03$120
Nov 199406315.90$0
Oct 199404615.58$0
Sep 199477015.29$107
Aug 199407516.13$0
Jul 199426617.56$35
Jun 199405417.09$0
May 1994164115.88$254
Apr 199404814.14$0
Mar 199403312.46$0
Feb 1994404812.50$500
Jan 1994018112.66$0
Dec 19936038012.33$740
Nov 1993040014.49$0
Oct 1993067515.85$0
Sep 19935667515.03$842
Aug 1993060015.66$0
Jul 1993056215.46$0
Jun 1993073916.79$0
May 1993049717.68$0
Apr 1993070018.05$0
Mar 199301,48018.14$0
Feb 199301,43317.90$0
Jan 1993101,12216.93$169

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.

Aug 2004 — as filed, then multipliedworked
Condensate            49 bbl  × $ 42.37 =     $2,076
Gas                    0 Mcf  × $  5.55 =         $0

────────────────────────────────────────────────────
Month total                                   $2,076

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/90518 is the state's own key, not one this site invented.