WATERFIELD -15-

Name: WATERFIELD -15- lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by CHESAPEAKE OPERATING, INC. (P-5 147715) in the WATERFIELD (MORROW UPPER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 108751District 10Field 95453500NGPA filingCondensateGasSave Export

Value, all time

$481 k

Jan 1993 – Nov 2013

Value, last 12 filed months

at the published price for each month

Months reported

251

no gaps in the span

Streams

condensate, gas

The WATERFIELD (MORROW UPPER) 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 9 leases and 9 wells, and the rule below applies to all of them.

Discovered

1983-06-27

as the register files it

Field class

Gas

the register's own label

Between wells

3,735 ft

minimum

From a lease line

1,867 ft

minimum

A drilling unit in this field needs at least 640 acres. The field rule took effect on 1984-01-23.

The Commission's schedule remark for this field reads: “AOF-1 AND AOF-2 EFFECTIVE 07/01/98.”

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	123 bbl	$4,903
Gas	Production	455,633 Mcf	$476,458
Total			$481,361

297,883 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 35.7140, -100.2669. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.71399, -100.26692 · 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

13,800 ft

1 wells filed one

Completion to plug

30.2 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 13,800 ft.

Completions filed

Sep 1983

1 of 1 wells

Plug dates filed

Nov 2013

1 of 1 wells

Last completion to plug: a median of 30.2 years across the 1 well that filed both dates, with the middle half between 30.2 years and 30.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-21131599	15 A	13,800 ft	Sep 1983	Nov 2013	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 (251)

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

251 months


Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	0	105.96	4.33	$0
Mar 2011	0	0	96.36	4.06	$0
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	0	0	86.50	4.59	$0
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	0	0	78.10	3.51	$0
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	0	0	70.36	4.91	$0
May 2010	0	0	71.12	4.24	$0
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	0	0	78.39	4.39	$0
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	0	0	71.44	5.48	$0
Nov 2009	0	0	74.59	3.75	$0
Oct 2009	0	0	72.54	4.11	$0
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	0	0	67.42	3.22	$0
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	0	0	66.16	3.90	$0
May 2009	0	0	54.74	3.93	$0
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	0	0	42.14	4.06	$0
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	0	0	131.33	13.03	$0
May 2008	0	0	123.17	11.57	$0
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	7	57.59	7.75	$54
Jan 2006	0	18	60.59	8.93	$161
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	0	0	58.34	13.80	$0
Sep 2005	0	0	61.45	12.08	$0
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	0	0	55.69	7.84	$0
Jun 2005	0	0	52.33	7.38	$0
May 2005	0	95	45.22	6.65	$632
Apr 2005	0	104	49.20	7.36	$765
Mar 2005	0	127	50.37	7.15	$909
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	123	0	39.86	6.75	$4,903
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	442	42.37	5.55	$2,453
Jul 2004	0	344	38.28	6.08	$2,093
Jun 2004	0	335	36.10	6.43	$2,155
May 2004	0	64	37.48	6.49	$416
Apr 2004	0	208	34.47	5.86	$1,219
Mar 2004	0	362	34.36	5.53	$2,002
Feb 2004	0	70	32.45	5.51	$386
Jan 2004	0	178	32.03	6.30	$1,121
Dec 2003	0	129	30.26	6.30	$813
Nov 2003	0	194	28.80	4.60	$891
Oct 2003	0	168	28.17	4.76	$800
Sep 2003	0	200	26.31	4.75	$950
Aug 2003	0	287	29.76	5.13	$1,472
Jul 2003	0	302	29.41	5.17	$1,562
Jun 2003	0	194	28.56	5.98	$1,161
May 2003	0	0	26.59	5.97	$0
Apr 2003	0	0	26.67	5.41	$0
Mar 2003	0	36	31.14	6.10	$219
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	1,022	25.96	3.16	$3,234
Jul 2002	0	1,143	24.58	3.06	$3,500
Jun 2002	0	151	23.73	3.34	$504
May 2002	0	704	24.66	3.58	$2,523
Apr 2002	0	786	23.65	3.51	$2,761
Mar 2002	0	1,486	22.00	3.10	$4,611
Feb 2002	0	1,047	18.22	2.38	$2,487
Jan 2002	0	887	17.17	2.38	$2,107
Dec 2001	0	716	16.93	2.36	$1,693
Nov 2001	0	913	18.07	2.41	$2,196
Oct 2001	0	1,034	19.78	2.53	$2,615
Sep 2001	0	1,110	24.26	2.25	$2,499
Aug 2001	0	1,383	24.87	3.05	$4,223
Jul 2001	0	1,410	23.93	3.20	$4,508
Jun 2001	0	1,369	24.56	3.82	$5,235
May 2001	0	1,623	25.52	4.31	$6,991
Apr 2001	0	1,662	24.68	5.34	$8,867
Mar 2001	0	1,521	24.54	5.38	$8,178
Feb 2001	0	1,536	27.75	5.77	$8,858
Jan 2001	0	1,753	27.47	8.40	$14,723
Dec 2000	0	1,600	26.88	9.12	$14,596
Nov 2000	0	1,874	32.21	5.66	$10,603
Oct 2000	0	2,073	31.23	5.15	$10,667
Sep 2000	0	2,120	31.87	5.19	$10,995
Aug 2000	0	2,100	29.64	4.54	$9,536
Jul 2000	0	2,059	28.53	4.09	$8,421
Jun 2000	0	2,030	29.30	4.40	$8,926
May 2000	0	2,133	27.26	3.68	$7,849
Apr 2000	0	2,148	24.51	3.12	$6,693
Mar 2000	0	2,253	28.42	2.86	$6,443
Feb 2000	0	2,142	27.62	2.73	$5,840
Jan 2000	0	2,386	25.27	2.48	$5,918
Dec 1999	0	2,057	24.28	2.42	$4,986
Nov 1999	0	2,738	23.19	2.43	$6,664
Oct 1999	0	2,817	20.98	2.80	$7,898
Sep 1999	0	2,772	21.75	2.62	$7,259
Aug 1999	0	3,056	19.26	2.88	$8,788
Jul 1999	0	2,852	17.89	2.37	$6,766
Jun 1999	0	2,490	15.94	2.36	$5,882
May 1999	0	2,504	15.79	2.32	$5,812
Apr 1999	0	2,346	15.10	2.21	$5,180
Mar 1999	0	2,129	12.47	1.84	$3,914
Feb 1999	0	1,362	9.98	1.82	$2,476
Jan 1999	0	1,155	10.38	1.90	$2,194
Dec 1998	0	1,294	9.20	1.77	$2,295
Nov 1998	0	1,774	10.89	2.19	$3,877
Oct 1998	0	2,109	12.42	1.97	$4,153
Sep 1998	0	2,202	12.59	2.08	$4,586
Aug 1998	0	2,296	11.30	1.91	$4,379
Jul 1998	0	2,729	11.74	2.24	$6,106
Jun 1998	0	2,903	11.24	2.24	$6,495
May 1998	0	1,763	12.62	2.21	$3,890
Apr 1998	0	3,437	13.04	2.51	$8,611
Mar 1998	0	3,344	12.80	2.31	$7,723
Feb 1998	0	2,954	13.95	2.30	$6,792
Jan 1998	0	3,504	14.70	2.15	$7,550
Dec 1997	0	4,044	16.32	2.41	$9,750
Nov 1997	0	3,966	18.19	3.09	$12,248
Oct 1997	0	4,080	19.25	3.15	$12,851
Sep 1997	0	3,764	17.74	2.95	$11,122
Aug 1997	0	3,909	17.86	2.55	$9,986
Jul 1997	0	3,931	17.58	2.25	$8,833
Jun 1997	0	3,881	17.24	2.26	$8,760
May 1997	0	3,485	18.97	2.31	$8,045
Apr 1997	0	4,041	17.88	2.08	$8,417
Mar 1997	0	4,220	18.95	1.94	$8,183
Feb 1997	0	3,501	20.49	2.21	$7,723
Jan 1997	0	4,303	23.48	3.54	$15,231
Dec 1996	0	4,249	23.32	—	$0
Nov 1996	0	4,431	21.97	—	$0
Oct 1996	0	4,508	23.31	—	$0
Sep 1996	0	4,822	22.22	—	$0
Aug 1996	0	4,894	20.26	—	$0
Jul 1996	0	4,928	19.55	—	$0
Jun 1996	0	5,131	18.73	—	$0
May 1996	0	5,451	19.43	—	$0
Apr 1996	0	5,788	21.51	—	$0
Mar 1996	0	5,999	19.38	—	$0
Feb 1996	0	5,940	16.98	—	$0
Jan 1996	0	6,585	17.07	—	$0
Dec 1995	0	6,564	17.19	—	$0
Nov 1995	0	6,911	16.00	—	$0
Oct 1995	0	7,013	15.43	—	$0
Sep 1995	0	5,011	16.18	—	$0
Aug 1995	0	4,299	15.92	—	$0
Jul 1995	0	4,043	15.24	—	$0
Jun 1995	0	4,328	16.41	—	$0
May 1995	0	4,849	17.56	—	$0
Apr 1995	0	5,484	17.73	—	$0
Mar 1995	0	5,972	16.44	—	$0
Feb 1995	0	5,856	16.58	—	$0
Jan 1995	0	7,325	15.92	—	$0
Dec 1994	0	7,454	15.03	—	$0
Nov 1994	0	6,632	15.90	—	$0
Oct 1994	0	6,017	15.58	—	$0
Sep 1994	0	4,710	15.29	—	$0
Aug 1994	0	5,144	16.13	—	$0
Jul 1994	0	6,004	17.56	—	$0
Jun 1994	0	7,310	17.09	—	$0
May 1994	0	7,190	15.88	—	$0
Apr 1994	0	6,455	14.14	—	$0
Mar 1994	0	7,309	12.46	—	$0
Feb 1994	0	7,835	12.50	—	$0
Jan 1994	0	5,950	12.66	—	$0
Dec 1993	0	5,014	12.33	—	$0
Nov 1993	0	6,898	14.49	—	$0
Oct 1993	0	4,739	15.85	—	$0
Sep 1993	0	7,958	15.03	—	$0
Aug 1993	0	6,848	15.66	—	$0
Jul 1993	0	8,974	15.46	—	$0
Jun 1993	0	7,992	16.79	—	$0
May 1993	0	3,620	17.68	—	$0
Apr 1993	0	10,065	18.05	—	$0
Mar 1993	0	10,477	18.14	—	$0
Feb 1993	0	10,119	17.90	—	$0
Jan 1993	0	6,788	16.93	—	$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.

Feb 2006 — as filed, then multipliedworked

Condensate             0 bbl  × $ 57.59 =         $0
Gas                    7 Mcf  × $  7.75 =        $54

────────────────────────────────────────────────────
Month total                                      $54

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. 10/G/108751 is the state's own key, not one this site invented.