JONES TRUST -25-

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

Gas lease lease 148150District 10Field 15217250CondensateGasSaveExport
Value, all time
$1.4 M
Nov 1993 – Sep 2011
Value, last 12 filed months
$8 k
at the published price for each month
Months reported
215
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 419 leases and 430 wells, and the rule below applies to all of them.

Discovered
1972-08-01
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
660 ft
minimum

A drilling unit in this field needs at least 160 acres.

The Commission's schedule remark for this field reads: COMBINED W/HUMPHREYS (DOUGLAS) 9/81 CARRIED AS CANADIAN,SE (DOUGLA

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
CondensateDisposition3,775 bbl$88,104
GasProduction655,668 Mcf$1,348,403
Total$1,436,507

306,297 Mcf of this lease's gas, across 37 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 35.9532, -100.1836. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.95324, -100.18357 · 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
7,404 ft
1 wells filed one
Completion to plug
15.3 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 7,404 ft.

Completions filed
Nov 1993
1 of 1 wells
Plug dates filed
Mar 2009
1 of 1 wells

Last completion to plug: a median of 15.3 years across the 1 well that filed both dates, with the middle half between 15.3 years and 15.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2113204125027,404 ftNov 1993Mar 2009Yes

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 (215)

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

215 months

Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 201188094.144.52$8,284
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 200920042.144.06$843
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 2007069358.747.85$5,437
Apr 2007068359.617.81$5,331
Mar 2007072856.927.30$5,316
Feb 2007066855.108.22$5,488
Jan 2007073850.306.73$4,964
Dec 200618156056.656.92$14,128
Nov 2006049854.207.62$3,794
Oct 2006042554.906.01$2,556
Sep 2006052760.085.04$2,655
Aug 2006065868.717.34$4,830
Jul 2006083469.376.34$5,290
Jun 2006098766.286.38$6,301
May 200601,00666.016.42$6,464
Apr 2006086064.397.36$6,330
Mar 200601,00956.707.08$7,147
Feb 2006094757.597.75$7,340
Jan 200601,09560.598.93$9,782
Dec 200501,04354.9413.42$13,992
Nov 200501,13854.6910.59$12,050
Oct 200501,29858.3413.80$17,907
Sep 200501,30061.4512.08$15,703
Aug 200501,36461.519.80$13,363
Jul 200501,39655.697.84$10,950
Jun 200501,39752.337.38$10,311
May 200501,48845.226.65$9,897
Apr 200501,45849.207.36$10,732
Mar 200501,58650.377.15$11,348
Feb 200501,47645.226.31$9,316
Jan 200501,60543.166.32$10,147
Dec 2004017639.866.75$1,188
Nov 200401,20045.286.33$7,597
Oct 200401,55749.706.52$10,144
Sep 200401,56443.245.28$8,264
Aug 200401,56942.375.55$8,709
Jul 200401,68338.286.08$10,240
Jun 200401,64436.106.43$10,576
May 200401,77537.486.49$11,528
Apr 200401,71334.475.86$10,036
Mar 200401,87934.365.53$10,391
Feb 200401,79032.455.51$9,862
Jan 200401,90632.036.30$12,007
Dec 200302,02030.266.30$12,729
Nov 200301,91028.804.60$8,777
Oct 200302,27428.174.76$10,823
Sep 200302,20726.314.75$10,482
Aug 200302,27329.765.13$11,660
Jul 200302,44929.415.17$12,663
Jun 200302,47028.565.98$14,778
May 200302,29126.595.97$13,683
Apr 200302,23926.675.41$12,107
Mar 200303,03631.146.10$18,508
Feb 20031912,50633.487.93$26,257
Jan 20030030.315.58$0
Dec 20020126.914.85$5
Nov 200203,17024.664.14$13,114
Oct 200202,64926.464.23$11,203
Sep 200202,99627.443.64$10,891
Aug 200203,58125.963.16$11,331
Jul 200202,67024.583.06$8,175
Jun 200203,46823.733.34$11,577
May 200203,65324.663.58$13,092
Apr 20022123,13323.653.51$16,018
Mar 200203,38622.003.10$10,506
Feb 200202,17018.222.38$5,155
Jan 200203,14817.172.38$7,479
Dec 200103,90516.932.36$9,233
Nov 200103,93418.072.41$9,463
Oct 200104,10519.782.53$10,381
Sep 200103,95024.262.25$8,893
Aug 200104,08624.873.05$12,475
Jul 200104,03123.933.20$12,887
Jun 200103,88524.563.82$14,857
May 20012014,00725.524.31$22,389
Apr 200103,88124.685.34$20,706
Mar 200103,91824.545.38$21,065
Feb 200103,15627.755.77$18,201
Jan 200103,94427.478.40$33,125
Dec 200004,06426.889.12$37,074
Nov 200003,87932.215.66$21,947
Oct 200003,98731.235.15$20,515
Sep 200003,86231.875.19$20,030
Aug 20001964,06429.644.54$24,263
Jul 200003,98028.534.09$16,277
Jun 200004,13129.304.40$18,165
May 200004,10727.263.68$15,113
Apr 200003,67124.513.12$11,439
Mar 200003,83228.422.86$10,959
Feb 200003,87427.622.73$10,562
Jan 200004,24825.272.48$10,537
Dec 19991884,01824.282.42$14,303
Nov 199904,23723.192.43$10,313
Oct 199904,42120.982.80$12,395
Sep 199904,35221.752.62$11,397
Aug 199904,55619.262.88$13,101
Jul 199904,57117.892.37$10,844
Jun 199904,32315.942.36$10,211
May 199904,52715.792.32$10,507
Apr 199904,45115.102.21$9,828
Mar 199904,53212.471.84$8,331
Feb 199904,0729.981.82$7,402
Jan 199904,55110.381.90$8,647
Dec 199804,8469.201.77$8,594
Nov 199804,74210.892.19$10,365
Oct 199803,63512.421.97$7,158
Sep 199804,32312.592.08$9,003
Aug 199804,37611.301.91$8,347
Jul 199804,49311.742.24$10,052
Jun 199804,33211.242.24$9,692
May 199803,34312.622.21$7,376
Apr 199803,43413.042.51$8,603
Mar 199803,60212.802.31$8,319
Feb 199803,02613.952.30$6,957
Jan 199803,14714.702.15$6,781
Dec 199702,79216.322.41$6,732
Nov 1997102,23618.193.09$7,087
Oct 199701,50919.253.15$4,753
Sep 1997464317.742.95$1,971
Aug 199704717.862.55$120
Jul 1997010817.582.25$243
Jun 1997010,42617.242.26$23,534
May 199706,10518.972.31$14,093
Apr 19972035,78917.882.08$15,687
Mar 199706,05718.951.94$11,745
Feb 199705,37920.492.21$11,866
Jan 199706,24823.483.54$22,116
Dec 199606,68223.32$0
Nov 199606,48721.97$0
Oct 199606,77423.31$0
Sep 19961996,20822.22$4,422
Aug 199607,69320.26$0
Jul 199607,52719.55$0
Jun 199607,59418.73$0
May 199607,65519.43$0
Apr 19962018,25821.51$4,324
Mar 199606,98619.38$0
Feb 199607,08916.98$0
Jan 199607,84417.07$0
Dec 199505,94517.19$0
Nov 19952016,94816.00$3,216
Oct 199507,76715.43$0
Sep 199507,60216.18$0
Aug 19951898,07815.92$3,009
Jul 199507,56815.24$0
Jun 199507,69916.41$0
May 19951886,86917.56$3,301
Apr 199508,05117.73$0
Mar 19951928,16316.44$3,156
Feb 199506,49816.58$0
Jan 199507,63215.92$0
Dec 19941957,96915.03$2,931
Nov 199408,14815.90$0
Oct 19941838,78415.58$2,851
Sep 199407,88415.29$0
Aug 199408,03016.13$0
Jul 19941818,52817.56$3,178
Jun 199408,89317.09$0
May 19941839,10915.88$2,906
Apr 199409,90314.14$0
Mar 199418410,46512.46$2,293
Feb 1994010,41112.50$0
Jan 199418513,17112.66$2,342
Dec 1993019,38512.33$0
Nov 19930014.49$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            88 bbl  × $ 94.14 =     $8,284
Gas                    0 Mcf  × $  4.52 =         $0

────────────────────────────────────────────────────
Month total                                   $8,284

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/148150 is the state's own key, not one this site invented.