SORENSON

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

Gas lease lease 123179District 10Field 49563888NGPA filingCondensateGasSaveExport
Value, all time
$397 k
Jan 1993 – Feb 2014
Value, last 12 filed months
$0
at the published price for each month
Months reported
254
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 44 leases and 44 wells, and the rule below applies to all of them.

Discovered
1960-06-07
as the register files it
Field class
Oil and gas
the register's own label
Between wells
2,500 ft
minimum
From a lease line
1,250 ft
minimum

A drilling unit in this field needs at least 640 acres.

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 4/1/96.

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
CondensateDisposition281 bbl$5,240
GasProduction136,805 Mcf$391,305
Total$396,545

43,041 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 36.3635, -100.4539. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.36352, -100.45393 · 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
8,950 ft
1 wells filed one
Completion to plug
27.2 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 8,950 ft.

Completions filed
Dec 1986
1 of 1 wells
Plug dates filed
Feb 2014
1 of 1 wells

Last completion to plug: a median of 27.2 years across the 1 well that filed both dates, with the middle half between 27.2 years and 27.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2953088728,950 ftDec 1986Feb 2014Yes

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 (254)

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

254 months

Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
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 20110694.144.52$27
Jun 20110092.904.64$0
May 201101998.134.40$84
Apr 201106105.964.33$26
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 2010010380.843.80$391
Oct 2010046478.103.51$1,628
Sep 2010045372.633.98$1,803
Aug 2010047273.684.42$2,086
Jul 2010044672.554.74$2,112
Jun 2010044870.364.91$2,200
May 2010045271.124.24$1,914
Apr 2010043181.694.12$1,777
Mar 2010048478.394.39$2,124
Feb 2010043473.585.44$2,362
Jan 2010060774.365.96$3,620
Dec 2009046271.445.48$2,533
Nov 2009052774.593.75$1,977
Oct 2009044772.544.11$1,837
Sep 2009054565.543.06$1,670
Aug 2009056967.423.22$1,831
Jul 2009060161.133.46$2,082
Jun 2009062666.163.90$2,438
May 2009069554.743.93$2,728
Apr 2009065346.773.59$2,343
Mar 2009057642.144.06$2,338
Feb 200905632.814.63$259
Jan 20090435.865.37$21
Dec 20080537.105.98$30
Nov 200801155.496.86$75
Oct 20080675.246.92$42
Sep 200805101.767.88$39
Aug 200801114.228.48$8
Jul 200802131.0811.39$23
Jun 200802131.3313.03$26
May 2008015123.1711.57$174
Apr 2008012110.3110.45$125
Mar 200805101.909.66$48
Feb 200801792.538.77$149
Jan 200802290.388.21$181
Dec 2007019588.337.30$1,424
Nov 2007051991.677.29$3,784
Oct 2007037982.856.92$2,623
Sep 2007046475.846.24$2,897
Aug 2007061769.066.39$3,941
Jul 2007074570.906.39$4,759
Jun 2007084162.007.55$6,348
May 2007060658.747.85$4,755
Apr 200707759.617.81$601
Mar 200701256.927.30$88
Feb 200703855.108.22$312
Jan 200701450.306.73$94
Dec 2006015456.656.92$1,065
Nov 2006039754.207.62$3,024
Oct 2006048654.906.01$2,923
Sep 2006042160.085.04$2,121
Aug 2006037568.717.34$2,752
Jul 2006034369.376.34$2,176
Jun 2006057566.286.38$3,671
May 2006051166.016.42$3,283
Apr 2006045864.397.36$3,371
Mar 2006058956.707.08$4,172
Feb 2006043857.597.75$3,395
Jan 2006066760.598.93$5,959
Dec 2005054254.9413.42$7,271
Nov 2005064954.6910.59$6,872
Oct 2005054158.3413.80$7,464
Sep 2005049061.4512.08$5,919
Aug 2005044461.519.80$4,350
Jul 2005047255.697.84$3,702
Jun 2005046652.337.38$3,440
May 2005037045.226.65$2,461
Apr 2005045349.207.36$3,334
Mar 2005063150.377.15$4,515
Feb 2005051645.226.31$3,257
Jan 2005044943.166.32$2,839
Dec 2004053239.866.75$3,592
Nov 2004060345.286.33$3,817
Oct 2004058749.706.52$3,824
Sep 2004065043.245.28$3,435
Aug 2004030742.375.55$1,704
Jul 2004045438.286.08$2,762
Jun 2004045436.106.43$2,921
May 200401,05937.486.49$6,878
Apr 2004050734.475.86$2,970
Mar 2004075034.365.53$4,148
Feb 2004078132.455.51$4,303
Jan 2004038032.036.30$2,394
Dec 2003026030.266.30$1,638
Nov 2003027128.804.60$1,245
Oct 2003045528.174.76$2,166
Sep 2003035226.314.75$1,672
Aug 2003030929.765.13$1,585
Jul 2003035929.415.17$1,856
Jun 2003031728.565.98$1,897
May 2003052926.595.97$3,160
Apr 2003055626.675.41$3,006
Mar 2003072931.146.10$4,444
Feb 2003035033.487.93$2,774
Jan 2003016130.315.58$899
Dec 2002049326.914.85$2,393
Nov 2002052324.664.14$2,164
Oct 2002070226.464.23$2,969
Sep 2002066727.443.64$2,425
Aug 2002080625.963.16$2,550
Jul 2002082124.583.06$2,514
Jun 2002085423.733.34$2,851
May 2002085124.663.58$3,050
Apr 200201,01723.653.51$3,572
Mar 2002028122.003.10$872
Feb 2002041718.222.38$991
Jan 200204317.172.38$102
Dec 2001013016.932.36$307
Nov 2001060118.072.41$1,446
Oct 2001054719.782.53$1,383
Sep 2001083724.262.25$1,884
Aug 2001097124.873.05$2,965
Jul 2001076723.933.20$2,452
Jun 200101,00924.563.82$3,859
May 200101,15625.524.31$4,979
Apr 2001070424.685.34$3,756
Mar 2001018824.545.38$1,011
Feb 2001022627.755.77$1,303
Jan 200109727.478.40$815
Dec 200007926.889.12$721
Nov 2000010832.215.66$611
Oct 2000013031.235.15$669
Sep 2000013331.875.19$690
Aug 2000014929.644.54$677
Jul 2000016228.534.09$663
Jun 2000014829.304.40$651
May 2000014527.263.68$534
Apr 20000024.513.12$0
Mar 200001,00828.422.86$2,883
Feb 200001,03027.622.73$2,808
Jan 2000097425.272.48$2,416
Dec 1999062324.282.42$1,510
Nov 1999099723.192.43$2,427
Oct 1999016620.982.80$465
Sep 199901,13121.752.62$2,962
Aug 199901,10419.262.88$3,175
Jul 199901,32217.892.37$3,136
Jun 199901,33015.942.36$3,142
May 1999035115.792.32$815
Apr 1999026015.102.21$574
Mar 1999029312.471.84$539
Feb 199906429.981.82$1,167
Jan 199901,06010.381.90$2,014
Dec 199801,1059.201.77$1,960
Nov 199801,17710.892.19$2,573
Oct 199801,36812.421.97$2,694
Sep 199801,41912.592.08$2,955
Aug 199801,40211.301.91$2,674
Jul 1998088011.742.24$1,969
Jun 1998033111.242.24$741
May 1998083712.622.21$1,847
Apr 199801,09613.042.51$2,746
Mar 199801,31212.802.31$3,030
Feb 1998078213.952.30$1,798
Jan 199801,01614.702.15$2,189
Dec 199701,34716.322.41$3,248
Nov 199701,18718.193.09$3,666
Oct 199701,37319.253.15$4,325
Sep 199701,18317.742.95$3,496
Aug 199701,19817.862.55$3,061
Jul 199701,52317.582.25$3,422
Jun 199701,53117.242.26$3,456
May 199701,10218.972.31$2,544
Apr 199701,08617.882.08$2,262
Mar 199701,17718.951.94$2,282
Feb 199701,13820.492.21$2,510
Jan 1997079623.483.54$2,818
Dec 199601,51823.32$0
Nov 199601,27921.97$0
Oct 199601,44123.31$0
Sep 199601,31722.22$0
Aug 199601,48020.26$0
Jul 199601,25319.55$0
Jun 199601,00218.73$0
May 199606419.43$0
Apr 199603921.51$0
Mar 19961151019.38$2,229
Feb 199601016.98$0
Jan 1996015017.07$0
Dec 1995015617.19$0
Nov 1995021016.00$0
Oct 1995021015.43$0
Sep 199501,33016.18$0
Aug 1995085015.92$0
Jul 1995080015.24$0
Jun 1995050016.41$0
May 1995049917.56$0
Apr 1995150017.73$18
Mar 1995049916.44$0
Feb 1995024916.58$0
Jan 1995013515.92$0
Dec 199401,43315.03$0
Nov 199401,37415.90$0
Oct 199401,32415.58$0
Sep 199401,65215.29$0
Aug 1994089416.13$0
Jul 199401,11317.56$0
Jun 199401,17417.09$0
May 1994083715.88$0
Apr 199401,50514.14$0
Mar 199401,33712.46$0
Feb 1994042212.50$0
Jan 1994079812.66$0
Dec 1993082412.33$0
Nov 1993098814.49$0
Oct 1993047815.85$0
Sep 1993035015.03$0
Aug 199301,55315.66$0
Jul 199301,18615.46$0
Jun 199301,31816.79$0
May 199301,51117.68$0
Apr 199301,43218.05$0
Mar 19931651,80318.14$2,993
Feb 199301,43517.90$0
Jan 1993079916.93$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.

Jul 2011 — as filed, then multipliedworked
Condensate             0 bbl  × $ 94.14 =         $0
Gas                    6 Mcf  × $  4.52 =        $27

────────────────────────────────────────────────────
Month total                                      $27

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/123179 is the state's own key, not one this site invented.