CHARLES, F. R.

Operated by DEVON ENERGY OPERATING CO., L.P. (P-5 216730) in the MORRIS (CONSOLIDATED CONGL.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 25325District 09Field 62970700NGPA filingOilCasinghead gasSaveExport
Value, all time
$209 k
Jan 1993 – Nov 2002
Value, last 12 filed months
$9 k
at the published price for each month
Months reported
119
no gaps in the span
Streams
2
oil, casinghead 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 432 leases and 514 wells, and the rule below applies to all of them.

Discovered
1974-07-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 acres.

The Commission's schedule remark for this field reads: SAME.

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
NGPA2none

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
OilDisposition3,498 bbl$64,763
Casinghead gasProduction86,255 Mcf$144,178
Total$208,941

39,972 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 33.2545, -97.7406. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.25450, -97.74057 · 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
6,040 ft
1 wells filed one
Completion to plug
17.4 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 6,040 ft.

Completions filed
Mar 1985
1 of 1 wells
Plug dates filed
Aug 2002
1 of 1 wells

Last completion to plug: a median of 17.4 years across the 1 well that filed both dates, with the middle half between 17.4 years and 17.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4973273316,040 ftMar 1985Aug 2002Yes

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 (119)

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

119 months

Nov 20020024.664.14$0
Oct 200232026.464.23$847
Sep 200250027.443.64$1,372
Aug 20020025.963.16$0
Jul 20024024.583.06$98
Jun 200202823.733.34$93
May 2002023624.663.58$846
Apr 2002054323.653.51$1,907
Mar 2002047222.003.10$1,464
Feb 2002049818.222.38$1,183
Jan 2002036817.172.38$874
Dec 2001032416.932.36$766
Nov 2001072018.072.41$1,732
Oct 200114870119.782.53$4,700
Sep 2001070524.262.25$1,587
Aug 2001072824.873.05$2,223
Jul 2001074323.933.20$2,375
Jun 2001075124.563.82$2,872
May 2001070525.524.31$3,037
Apr 200115572124.685.34$7,672
Mar 2001080824.545.38$4,344
Feb 2001072027.755.77$4,152
Jan 2001080927.478.40$6,795
Dec 2000073226.889.12$6,678
Nov 2000069732.215.66$3,944
Oct 200015474631.235.15$8,648
Sep 2000074331.875.19$3,854
Aug 2000080129.644.54$3,637
Jul 2000074528.534.09$3,047
Jun 2000071329.304.40$3,135
May 200014574827.263.68$6,705
Apr 2000069024.513.12$2,150
Mar 2000074428.422.86$2,128
Feb 2000068127.622.73$1,857
Jan 2000076325.272.48$1,893
Dec 1999073224.282.42$1,774
Nov 199914466323.192.43$4,953
Oct 1999073920.982.80$2,072
Sep 1999072921.752.62$1,909
Aug 1999078819.262.88$2,266
Jul 199916281717.892.37$4,836
Jun 1999089115.942.36$2,105
May 1999075715.792.32$1,757
Apr 1999054415.102.21$1,201
Mar 1999080212.471.84$1,474
Feb 199907029.981.82$1,276
Jan 1999085410.381.90$1,623
Dec 19981647019.201.77$2,752
Nov 1998076210.892.19$1,666
Oct 1998080712.421.97$1,589
Sep 1998078212.592.08$1,629
Aug 199816582811.301.91$3,444
Jul 1998079611.742.24$1,781
Jun 1998081411.242.24$1,821
May 1998088112.622.21$1,944
Apr 1998081813.042.51$2,049
Mar 1998081612.802.31$1,885
Feb 199816967013.952.30$3,898
Jan 1998087614.702.15$1,888
Dec 1997070516.322.41$1,700
Nov 1997072818.193.09$2,248
Oct 1997071819.253.15$2,262
Sep 19971821,00717.742.95$6,204
Aug 1997080117.862.55$2,046
Jul 1997038817.582.25$872
Jun 1997054217.242.26$1,223
May 1997066318.972.31$1,531
Apr 1997061717.882.08$1,285
Mar 1997072818.951.94$1,412
Feb 199716764320.492.21$4,840
Jan 1997079123.483.54$2,800
Dec 1996066023.32$0
Nov 1996081221.97$0
Oct 199615181623.31$3,520
Sep 1996096222.22$0
Aug 1996079420.26$0
Jul 1996058819.55$0
Jun 1996065918.73$0
May 199615481519.43$2,992
Apr 1996081221.51$0
Mar 1996078519.38$0
Feb 1996074416.98$0
Jan 199615584717.07$2,646
Dec 1995080517.19$0
Nov 1995089116.00$0
Oct 1995086115.43$0
Sep 1995075816.18$0
Aug 199515786715.92$2,499
Jul 1995085015.24$0
Jun 1995076316.41$0
May 1995085617.56$0
Apr 199516881817.73$2,979
Mar 1995080116.44$0
Feb 1995072916.58$0
Jan 1995078915.92$0
Dec 199418074915.03$2,705
Nov 1994078115.90$0
Oct 1994076715.58$0
Sep 1994086015.29$0
Aug 1994089416.13$0
Jul 199417592117.56$3,073
Jun 1994090717.09$0
May 1994088115.88$0
Apr 1994088314.14$0
Mar 1994091812.46$0
Feb 199417178212.50$2,138
Jan 1994087412.66$0
Dec 1993085512.33$0
Nov 1993087814.49$0
Oct 1993088915.85$0
Sep 199316685815.03$2,495
Aug 199301,03215.66$0
Jul 199301,01715.46$0
Jun 1993085116.79$0
May 1993060317.68$0
Apr 1993087218.05$0
Mar 199318096818.14$3,265
Feb 1993087317.90$0
Jan 1993097716.93$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.

Oct 2002 — as filed, then multipliedworked
Oil                   32 bbl  × $ 26.46 =       $847
Casinghead gas         0 Mcf  × $  4.23 =         $0

────────────────────────────────────────────────────
Month total                                     $847

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/O/25325 is the state's own key, not one this site invented.