NANTZ

Name: NANTZ lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by CRESWELL, CHRIS (P-5 189952) in the KARRAN (CHAPPEL) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 26975District 09Field 48178500OilCasinghead gasSave Export

Value, all time

$94 k

Jan 1993 – Aug 2003

Value, last 12 filed months

at the published price for each month

Months reported

128

no gaps in the span

Streams

oil, casinghead gas

The KARRAN (CHAPPEL) field

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 8 leases and 10 wells, and the rule below applies to all of them.

Discovered

1955-10-17

as the register files it

Field class

Oil

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 40 acres. The field rule took effect on 2012-12-01.

The Commission's schedule remark for this field reads: “PSUEDO RULES FOR HORIZONTAL WELLS”

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.

Stream	Basis	Volume	Value
Oil	Disposition	5,601 bbl	$90,168
Casinghead gas	Production	7,294 Mcf	$3,508
Total			$93,677

5,768 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 33.0968, -98.6789. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.09675, -98.67890 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

4,659 ft

1 wells filed one

Completion to plug

13.4 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 4,659 ft.

Completions filed

Feb 1988

1 of 1 wells

Plug dates filed

Jul 2001

1 of 1 wells

Last completion to plug: a median of 13.4 years across the 1 well that filed both dates, with the middle half between 13.4 years and 13.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-50339719	3	4,659 ft	Feb 1988	Jul 2001	Yes

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 (128)

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

128 months


Aug 2003	0	0	29.76	5.13	$0
Jul 2003	0	0	29.41	5.17	$0
Jun 2003	0	0	28.56	5.98	$0
May 2003	0	0	26.59	5.97	$0
Apr 2003	0	0	26.67	5.41	$0
Mar 2003	0	0	31.14	6.10	$0
Feb 2003	0	0	33.48	7.93	$0
Jan 2003	0	0	30.31	5.58	$0
Dec 2002	0	0	26.91	4.85	$0
Nov 2002	0	0	24.66	4.14	$0
Oct 2002	0	0	26.46	4.23	$0
Sep 2002	0	0	27.44	3.64	$0
Aug 2002	0	0	25.96	3.16	$0
Jul 2002	0	0	24.58	3.06	$0
Jun 2002	0	0	23.73	3.34	$0
May 2002	0	0	24.66	3.58	$0
Apr 2002	0	0	23.65	3.51	$0
Mar 2002	0	0	22.00	3.10	$0
Feb 2002	0	0	18.22	2.38	$0
Jan 2002	0	0	17.17	2.38	$0
Dec 2001	0	0	16.93	2.36	$0
Nov 2001	0	0	18.07	2.41	$0
Oct 2001	0	0	19.78	2.53	$0
Sep 2001	0	0	24.26	2.25	$0
Aug 2001	0	0	24.87	3.05	$0
Jul 2001	0	0	23.93	3.20	$0
Jun 2001	0	0	24.56	3.82	$0
May 2001	0	0	25.52	4.31	$0
Apr 2001	0	0	24.68	5.34	$0
Mar 2001	0	0	24.54	5.38	$0
Feb 2001	0	0	27.75	5.77	$0
Jan 2001	0	0	27.47	8.40	$0
Dec 2000	0	0	26.88	9.12	$0
Nov 2000	0	0	32.21	5.66	$0
Oct 2000	0	0	31.23	5.15	$0
Sep 2000	0	0	31.87	5.19	$0
Aug 2000	0	0	29.64	4.54	$0
Jul 2000	0	0	28.53	4.09	$0
Jun 2000	0	0	29.30	4.40	$0
May 2000	0	0	27.26	3.68	$0
Apr 2000	0	0	24.51	3.12	$0
Mar 2000	0	0	28.42	2.86	$0
Feb 2000	0	0	27.62	2.73	$0
Jan 2000	0	0	25.27	2.48	$0
Dec 1999	0	0	24.28	2.42	$0
Nov 1999	0	0	23.19	2.43	$0
Oct 1999	0	0	20.98	2.80	$0
Sep 1999	0	0	21.75	2.62	$0
Aug 1999	0	0	19.26	2.88	$0
Jul 1999	0	0	17.89	2.37	$0
Jun 1999	0	0	15.94	2.36	$0
May 1999	0	0	15.79	2.32	$0
Apr 1999	0	0	15.10	2.21	$0
Mar 1999	0	0	12.47	1.84	$0
Feb 1999	0	0	9.98	1.82	$0
Jan 1999	107	33	10.38	1.90	$1,173
Dec 1998	0	30	9.20	1.77	$53
Nov 1998	189	53	10.89	2.19	$2,174
Oct 1998	0	82	12.42	1.97	$161
Sep 1998	0	85	12.59	2.08	$177
Aug 1998	185	33	11.30	1.91	$2,153
Jul 1998	181	81	11.74	2.24	$2,306
Jun 1998	0	89	11.24	2.24	$199
May 1998	164	87	12.62	2.21	$2,262
Apr 1998	0	27	13.04	2.51	$68
Mar 1998	0	7	12.80	2.31	$16
Feb 1998	0	7	13.95	2.30	$16
Jan 1998	0	0	14.70	2.15	$0
Dec 1997	0	52	16.32	2.41	$125
Nov 1997	137	7	18.19	3.09	$2,514
Oct 1997	0	4	19.25	3.15	$13
Sep 1997	0	46	17.74	2.95	$136
Aug 1997	134	106	17.86	2.55	$2,664
Jul 1997	0	109	17.58	2.25	$245
Jun 1997	169	79	17.24	2.26	$3,092
May 1997	0	53	18.97	2.31	$122
Apr 1997	0	161	17.88	2.08	$335
Mar 1997	150	106	18.95	1.94	$3,048
Feb 1997	166	89	20.49	2.21	$3,598
Jan 1997	0	100	23.48	3.54	$354
Dec 1996	129	92	23.32	—	$3,008
Nov 1996	0	77	21.97	—	$0
Oct 1996	0	95	23.31	—	$0
Sep 1996	141	77	22.22	—	$3,133
Aug 1996	0	92	20.26	—	$0
Jul 1996	188	86	19.55	—	$3,675
Jun 1996	0	70	18.73	—	$0
May 1996	135	102	19.43	—	$2,623
Apr 1996	0	79	21.51	—	$0
Mar 1996	0	109	19.38	—	$0
Feb 1996	91	63	16.98	—	$1,545
Jan 1996	0	63	17.07	—	$0
Dec 1995	142	92	17.19	—	$2,441
Nov 1995	0	90	16.00	—	$0
Oct 1995	130	69	15.43	—	$2,006
Sep 1995	0	91	16.18	—	$0
Aug 1995	151	103	15.92	—	$2,404
Jul 1995	0	140	15.24	—	$0
Jun 1995	80	152	16.41	—	$1,313
May 1995	85	141	17.56	—	$1,493
Apr 1995	84	130	17.73	—	$1,489
Mar 1995	88	172	16.44	—	$1,447
Feb 1995	81	180	16.58	—	$1,343
Jan 1995	86	175	15.92	—	$1,369
Dec 1994	69	173	15.03	—	$1,037
Nov 1994	85	200	15.90	—	$1,352
Oct 1994	87	201	15.58	—	$1,355
Sep 1994	90	175	15.29	—	$1,376
Aug 1994	91	160	16.13	—	$1,468
Jul 1994	87	176	17.56	—	$1,528
Jun 1994	90	114	17.09	—	$1,538
May 1994	89	104	15.88	—	$1,413
Apr 1994	101	128	14.14	—	$1,428
Mar 1994	105	138	12.46	—	$1,308
Feb 1994	138	111	12.50	—	$1,725
Jan 1994	150	101	12.66	—	$1,899
Dec 1993	96	91	12.33	—	$1,184
Nov 1993	91	80	14.49	—	$1,319
Oct 1993	99	87	15.85	—	$1,569
Sep 1993	96	118	15.03	—	$1,443
Aug 1993	99	116	15.66	—	$1,550
Jul 1993	102	123	15.46	—	$1,577
Jun 1993	105	130	16.79	—	$1,763
May 1993	101	132	17.68	—	$1,786
Apr 1993	105	130	18.05	—	$1,895
Mar 1993	123	145	18.14	—	$2,231
Feb 1993	103	145	17.90	—	$1,844
Jan 1993	106	150	16.93	—	$1,795

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.

Jan 1999 — as filed, then multipliedworked

Oil                  107 bbl  × $ 10.38 =     $1,111
Casinghead gas        33 Mcf  × $  1.90 =        $63

────────────────────────────────────────────────────
Month total                                   $1,173

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/26975 is the state's own key, not one this site invented.