CHARLES

Operated by STRAT LAND EXPLORATION COMPANY (P-5 825420) in the GERALD (UPPER MORROW) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 154407District 10Field 34522470CondensateGasSave
Value, all time
$5.6 M
Jan 1995 – Jul 2014
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
235
no gaps in the span
Streams
2
condensate, gas

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
CondensateDisposition8,991 bbl$192,545
GasProduction2,404,944 Mcf$5,454,063
Total$5,646,608

698,772 Mcf of this lease's gas, across 20 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 36.3124, -101.5317. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.31235, -101.53166 · 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
7,050 ft
1 wells filed one
Completion to plug
19.5 years
median over 1 wells

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 7,050 ft.

Completions filed
Jan 1995
1 of 1 wells
Plug dates filed
Jul 2014
1 of 1 wells

Last completion to plug: a median of 19.5 years across the 1 well that filed both dates, with the middle half between 19.5 years and 19.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1953121317,050 ftJan 1995Jul 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 (235)

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

235 months

Jul 201465096.564.18$6,276
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
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 2013031194.403.93$1,223
May 2013028494.834.15$1,178
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 2012017101.102.57$44
Jan 201202498.092.73$66
Dec 20110096.873.24$0
Nov 201102395.723.31$76
Oct 201101384.983.65$47
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 2011010298.134.40$449
Apr 20110279105.964.33$1,209
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 201103686.504.59$165
Dec 20100485.734.35$17
Nov 201001480.843.80$53
Oct 2010026278.103.51$919
Sep 2010028272.633.98$1,122
Aug 201004,30873.684.42$19,039
Jul 2010027172.554.74$1,284
Jun 2010011770.364.91$575
May 2010040371.124.24$1,707
Apr 2010030981.694.12$1,274
Mar 2010028578.394.39$1,251
Feb 2010021573.585.44$1,170
Jan 2010032474.365.96$1,932
Dec 2009030471.445.48$1,667
Nov 2009029374.593.75$1,099
Oct 2009035772.544.11$1,467
Sep 2009027965.543.06$855
Aug 2009030467.423.22$978
Jul 2009030561.133.46$1,057
Jun 2009018066.163.90$701
May 200909654.743.93$377
Apr 200907746.773.59$276
Mar 2009011342.144.06$459
Feb 200904532.814.63$208
Jan 200901935.865.37$102
Dec 200801537.105.98$90
Nov 200802555.496.86$172
Oct 2008052575.246.92$3,634
Sep 20080836101.767.88$6,585
Aug 2008186427114.228.48$24,867
Jul 200800131.0811.39$0
Jun 20080399131.3313.03$5,200
May 200801,091123.1711.57$12,628
Apr 200801,935110.3110.45$20,230
Mar 200802,251101.909.66$21,754
Feb 2008039892.538.77$3,491
Jan 200801,73390.388.21$14,221
Dec 200701,95988.337.30$14,305
Nov 200701,26491.677.29$9,217
Oct 2007071482.856.92$4,942
Sep 200701,55075.846.24$9,678
Aug 200701,56669.066.39$10,004
Jul 200702,36070.906.39$15,076
Jun 200703,61862.007.55$27,310
May 200702,48358.747.85$19,482
Apr 200702,93859.617.81$22,932
Mar 200701,36456.927.30$9,960
Feb 200702,11955.108.22$17,410
Jan 200701,84850.306.73$12,431
Dec 200602,99656.656.92$20,728
Nov 200602,40654.207.62$18,328
Oct 200603,22254.906.01$19,376
Sep 200602,53860.085.04$12,784
Aug 200601,62868.717.34$11,949
Jul 200601,20469.376.34$7,637
Jun 200601,36566.286.38$8,714
May 200602,30066.016.42$14,778
Apr 200602,82564.397.36$20,793
Mar 200601,77256.707.08$12,551
Feb 200602,14357.597.75$16,611
Jan 20060060.598.93$0
Dec 200502,02954.9413.42$27,220
Nov 200502,69354.6910.59$28,515
Oct 200501,85258.3413.80$25,550
Sep 200502,22461.4512.08$26,864
Aug 200504,04361.519.80$39,609
Jul 200505,42055.697.84$42,513
Jun 200503,69852.337.38$27,295
May 200502,23945.226.65$14,892
Apr 200503,55649.207.36$26,174
Mar 200502,75750.377.15$19,726
Feb 200502,09245.226.31$13,205
Jan 200502,51843.166.32$15,919
Dec 20041142,58639.866.75$22,002
Nov 200402,19345.286.33$13,883
Oct 200402,51349.706.52$16,372
Sep 200404,15143.245.28$21,933
Aug 200403,33542.375.55$18,511
Jul 200403,83738.286.08$23,345
Jun 200404,69436.106.43$30,197
May 200403,94337.486.49$25,608
Apr 200403,50834.475.86$20,551
Mar 20041824,97834.365.53$33,783
Feb 200404,74232.455.51$26,127
Jan 200405,38532.036.30$33,924
Dec 200305,31730.266.30$33,506
Nov 200304,71428.804.60$21,662
Oct 200305,65328.174.76$26,906
Sep 200303,76426.314.75$17,877
Aug 200302,19229.765.13$11,244
Jul 200302,98929.415.17$15,456
Jun 200301,91528.565.98$11,457
May 200305,72026.595.97$34,164
Apr 200305,36026.675.41$28,983
Mar 200302,83431.146.10$17,276
Feb 200303,31533.487.93$26,274
Jan 200303,71130.315.58$20,715
Dec 200202,89926.914.85$14,071
Nov 200202,31724.664.14$9,585
Oct 20021752,73926.464.23$16,214
Sep 200203,66727.443.64$13,330
Aug 200204,79725.963.16$15,178
Jul 200206,39024.583.06$19,565
Jun 200206,77723.733.34$22,623
May 200206,64224.663.58$23,805
Apr 200205,53823.653.51$19,451
Mar 200205,25322.003.10$16,299
Feb 200205,53818.222.38$13,157
Jan 200208,97017.172.38$21,310
Dec 20011929,84416.932.36$26,526
Nov 200109,96118.072.41$23,961
Oct 2001011,05419.782.53$27,954
Sep 2001011,51624.262.25$25,926
Aug 2001012,21724.873.05$37,300
Jul 200119512,72823.933.20$45,359
Jun 2001012,31324.563.82$47,087
May 2001012,58025.524.31$54,186
Apr 2001012,54724.685.34$66,942
Mar 200120113,28224.545.38$76,342
Feb 2001011,94627.755.77$68,894
Jan 2001013,31527.478.40$111,829
Dec 2000011,52526.889.12$105,137
Nov 2000010,47932.215.66$59,290
Oct 200007,05431.235.15$36,296
Sep 200002,38531.875.19$12,370
Aug 200007,70229.644.54$34,973
Jul 200008,57028.534.09$35,049
Jun 200019712,05529.304.40$58,781
May 2000015,35727.263.68$56,510
Apr 2000015,66124.513.12$48,800
Mar 2000016,91428.422.86$48,370
Feb 2000013,61427.622.73$37,119
Jan 2000014,82125.272.48$36,763
Dec 1999015,05124.282.42$36,479
Nov 1999017,61323.192.43$42,870
Oct 1999017,54620.982.80$49,194
Sep 199919219,40821.752.62$55,003
Aug 1999020,34319.262.88$58,498
Jul 1999021,04317.892.37$49,922
Jun 1999022,23115.942.36$52,512
May 199919422,52115.792.32$55,335
Apr 1999021,60215.102.21$47,698
Mar 1999023,90612.471.84$43,947
Feb 199919723,2209.981.82$44,175
Jan 1999026,95910.381.90$51,221
Dec 199819128,3919.201.77$52,104
Nov 1998029,21110.892.19$63,847
Oct 199818731,48412.421.97$64,321
Sep 1998032,08312.592.08$66,817
Aug 199818735,05811.301.91$68,981
Jul 199819236,46911.742.24$83,845
Jun 1998037,38411.242.24$83,638
May 199819338,69812.622.21$87,817
Apr 199819639,06013.042.51$100,414
Mar 1998035,61712.802.31$82,255
Feb 199819934,76513.952.30$82,705
Jan 1998039,16014.702.15$84,382
Dec 199719439,87716.322.41$99,314
Nov 1997039,70318.193.09$122,613
Oct 199719142,00619.253.15$135,988
Sep 1997041,11217.742.95$121,481
Aug 199719142,05517.862.55$110,851
Jul 199719543,83217.582.25$101,916
Jun 199718940,00617.242.26$93,560
May 1997037,22818.972.31$85,941
Apr 199719040,07317.882.08$86,860
Mar 1997038,94818.951.94$75,526
Feb 199717646,99920.492.21$107,281
Jan 199718348,00123.483.54$174,206
Dec 199618248,29223.32$4,244
Nov 199619347,50121.97$4,240
Oct 199618549,78023.31$4,312
Sep 199635247,23222.22$7,821
Aug 199636748,46320.26$7,435
Jul 1996048,04519.55$0
Jun 199634148,03518.73$6,387
May 199619742,91319.43$3,828
Apr 199638645,05521.51$8,303
Mar 199618545,58019.38$3,585
Feb 199618529,90116.98$3,141
Jan 199638725,58117.07$6,606
Dec 199517429,72417.19$2,991
Nov 199519028,36816.00$3,040
Oct 1995015,78315.43$0
Sep 199518413,35616.18$2,977
Aug 1995013,11415.92$0
Jul 199537929,51715.24$5,776
Jun 199516020,58416.41$2,626
May 1995021,94817.56$0
Apr 19950017.73$0
Mar 19950016.44$0
Feb 19950016.58$0
Jan 19950015.92$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 2014 — as filed, then multipliedworked
Condensate            65 bbl  × $ 96.56 =     $6,276
Gas                    0 Mcf  × $  4.18 =         $0

────────────────────────────────────────────────────
Month total                                   $6,276

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/154407 is the state's own key, not one this site invented.