SHELL FEE 25

Name: SHELL FEE 25 lease production and value, Apr 1996 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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

Gas lease lease 158574District 10Field 03100470CondensateGasSave Export

Value, all time

$8.3 M

Apr 1996 – Jan 2012

Value, last 12 filed months

at the published price for each month

Months reported

190

no gaps in the span

Streams

condensate, gas

The ANTERO (UPPER MORROW D) 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 3 leases and 3 wells, and the rule below applies to all of them.

Discovered

1996-08-19

as the register files it

Field class

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 320 acres. The field rule took effect on 1998-07-28.

The Commission's schedule remark for this field reads: “AOF-1 AND AOF-2 EFFECTIVE 06/01/2006.”

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	30,392 bbl	$618,312
Gas	Production	2,261,490 Mcf	$7,726,414
Total			$8,344,727

172,342 Mcf of this lease's gas, across 7 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 35.9864, -100.0549. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.98638, -100.05487 · 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

11,800 ft

1 wells filed one

Completion to plug

14.0 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 11,800 ft.

Completions filed

Apr 1996

1 of 1 wells

Plug dates filed

Apr 2010

1 of 1 wells

Last completion to plug: a median of 14.0 years across the 1 well that filed both dates, with the middle half between 14.0 years and 14.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-21132147	1025	11,800 ft	Apr 1996	Apr 2010	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 (190)

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

190 months


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	6	131.33	13.03	$78
May 2008	0	43	123.17	11.57	$498
Apr 2008	0	60	110.31	10.45	$627
Mar 2008	0	14	101.90	9.66	$135
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	19	90.38	8.21	$156
Dec 2007	0	29	88.33	7.30	$212
Nov 2007	0	9	91.67	7.29	$66
Oct 2007	0	9	82.85	6.92	$62
Sep 2007	0	5	75.84	6.24	$31
Aug 2007	0	28	69.06	6.39	$179
Jul 2007	0	37	70.90	6.39	$236
Jun 2007	0	45	62.00	7.55	$340
May 2007	175	55	58.74	7.85	$10,711
Apr 2007	0	50	59.61	7.81	$390
Mar 2007	0	53	56.92	7.30	$387
Feb 2007	0	59	55.10	8.22	$485
Jan 2007	0	34	50.30	6.73	$229
Dec 2006	0	25	56.65	6.92	$173
Nov 2006	0	171	54.20	7.62	$1,303
Oct 2006	0	636	54.90	6.01	$3,825
Sep 2006	0	769	60.08	5.04	$3,874
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	88	69.37	6.34	$558
Jun 2006	0	1,465	66.28	6.38	$9,352
May 2006	0	1,695	66.01	6.42	$10,890
Apr 2006	0	3,045	64.39	7.36	$22,413
Mar 2006	0	4,758	56.70	7.08	$33,701
Feb 2006	0	5,341	57.59	7.75	$41,399
Jan 2006	0	6,950	60.59	8.93	$62,087
Dec 2005	184	7,246	54.94	13.42	$107,317
Nov 2005	0	7,380	54.69	10.59	$78,142
Oct 2005	0	7,713	58.34	13.80	$106,407
Sep 2005	0	7,662	61.45	12.08	$92,549
Aug 2005	171	6,602	61.51	9.80	$75,197
Jul 2005	0	6,893	55.69	7.84	$54,066
Jun 2005	0	1,027	52.33	7.38	$7,580
May 2005	0	8,022	45.22	6.65	$53,356
Apr 2005	0	9,132	49.20	7.36	$67,216
Mar 2005	0	10,342	50.37	7.15	$73,996
Feb 2005	0	8,806	45.22	6.31	$55,583
Jan 2005	0	10,375	43.16	6.32	$65,593
Dec 2004	180	11,415	39.86	6.75	$84,238
Nov 2004	0	11,124	45.28	6.33	$70,420
Oct 2004	0	11,988	49.70	6.52	$78,103
Sep 2004	178	10,021	43.24	5.28	$60,647
Aug 2004	0	11,961	42.37	5.55	$66,391
Jul 2004	0	10,958	38.28	6.08	$66,670
Jun 2004	179	11,487	36.10	6.43	$80,358
May 2004	0	11,653	37.48	6.49	$75,681
Apr 2004	177	11,498	34.47	5.86	$73,462
Mar 2004	0	11,526	34.36	5.53	$63,740
Feb 2004	175	11,088	32.45	5.51	$66,769
Jan 2004	0	11,085	32.03	6.30	$69,832
Dec 2003	0	12,529	30.26	6.30	$78,953
Nov 2003	180	12,881	28.80	4.60	$64,374
Oct 2003	0	12,229	28.17	4.76	$58,206
Sep 2003	178	12,022	26.31	4.75	$61,780
Aug 2003	0	12,774	29.76	5.13	$65,527
Jul 2003	168	12,671	29.41	5.17	$70,461
Jun 2003	0	12,283	28.56	5.98	$73,489
May 2003	0	12,901	26.59	5.97	$77,054
Apr 2003	0	12,989	26.67	5.41	$70,235
Mar 2003	0	13,326	31.14	6.10	$81,236
Feb 2003	0	12,192	33.48	7.93	$96,632
Jan 2003	0	14,157	30.31	5.58	$79,025
Dec 2002	0	15,007	26.91	4.85	$72,840
Nov 2002	180	14,144	24.66	4.14	$62,952
Oct 2002	0	14,235	26.46	4.23	$60,202
Sep 2002	176	13,674	27.44	3.64	$54,537
Aug 2002	0	15,444	25.96	3.16	$48,867
Jul 2002	0	15,883	24.58	3.06	$48,630
Jun 2002	0	15,646	23.73	3.34	$52,230
May 2002	0	16,465	24.66	3.58	$59,011
Apr 2002	0	13,267	23.65	3.51	$46,598
Mar 2002	181	15,540	22.00	3.10	$52,198
Feb 2002	0	8,390	18.22	2.38	$19,932
Jan 2002	180	7,789	17.17	2.38	$21,595
Dec 2001	181	13,657	16.93	2.36	$35,355
Nov 2001	0	15,021	18.07	2.41	$36,133
Oct 2001	179	15,160	19.78	2.53	$41,878
Sep 2001	184	15,506	24.26	2.25	$39,373
Aug 2001	192	16,009	24.87	3.05	$53,653
Jul 2001	0	16,828	23.93	3.20	$53,800
Jun 2001	180	17,215	24.56	3.82	$70,254
May 2001	0	15,966	25.52	4.31	$68,771
Apr 2001	178	14,351	24.68	5.34	$80,960
Mar 2001	0	19,161	24.54	5.38	$103,018
Feb 2001	0	17,377	27.75	5.77	$100,215
Jan 2001	0	21,708	27.47	8.40	$182,320
Dec 2000	364	21,286	26.88	9.12	$203,966
Nov 2000	0	14,896	32.21	5.66	$84,282
Oct 2000	244	18,626	31.23	5.15	$103,460
Sep 2000	0	19,066	31.87	5.19	$98,886
Aug 2000	194	19,883	29.64	4.54	$96,034
Jul 2000	263	21,465	28.53	4.09	$95,290
Jun 2000	380	19,954	29.30	4.40	$98,877
May 2000	0	21,046	27.26	3.68	$77,444
Apr 2000	192	21,778	24.51	3.12	$72,566
Mar 2000	383	21,671	28.42	2.86	$72,859
Feb 2000	181	21,485	27.62	2.73	$63,578
Jan 2000	364	19,901	25.27	2.48	$58,563
Dec 1999	185	21,559	24.28	2.42	$56,745
Nov 1999	203	20,492	23.19	2.43	$54,585
Oct 1999	361	21,329	20.98	2.80	$67,374
Sep 1999	178	23,460	21.75	2.62	$65,310
Aug 1999	357	22,733	19.26	2.88	$72,247
Jul 1999	363	23,551	17.89	2.37	$62,366
Jun 1999	359	23,046	15.94	2.36	$60,159
May 1999	327	24,720	15.79	2.32	$62,539
Apr 1999	355	22,902	15.10	2.21	$55,929
Mar 1999	357	24,057	12.47	1.84	$48,676
Feb 1999	374	22,346	9.98	1.82	$44,353
Jan 1999	364	25,829	10.38	1.90	$52,852
Dec 1998	372	27,595	9.20	1.77	$52,357
Nov 1998	349	25,204	10.89	2.19	$58,890
Oct 1998	366	27,471	12.42	1.97	$58,642
Sep 1998	538	27,351	12.59	2.08	$63,735
Aug 1998	356	30,832	11.30	1.91	$62,830
Jul 1998	533	30,623	11.74	2.24	$74,769
Jun 1998	682	28,873	11.24	2.24	$72,262
May 1998	350	29,747	12.62	2.21	$70,049
Apr 1998	700	28,374	13.04	2.51	$80,214
Mar 1998	365	29,811	12.80	2.31	$73,519
Feb 1998	543	27,482	13.95	2.30	$70,760
Jan 1998	550	31,005	14.70	2.15	$74,894
Dec 1997	552	31,500	16.32	2.41	$84,958
Nov 1997	731	31,426	18.19	3.09	$110,349
Oct 1997	722	33,798	19.25	3.15	$120,356
Sep 1997	535	34,225	17.74	2.95	$110,622
Aug 1997	718	36,390	17.86	2.55	$105,790
Jul 1997	894	37,528	17.58	2.25	$100,040
Jun 1997	898	40,756	17.24	2.26	$107,476
May 1997	705	41,437	18.97	2.31	$109,031
Apr 1997	913	40,161	17.88	2.08	$99,971
Mar 1997	933	44,444	18.95	1.94	$103,863
Feb 1997	1,183	41,420	20.49	2.21	$115,608
Jan 1997	963	45,715	23.48	3.54	$184,429
Dec 1996	1,178	48,365	23.32	—	$27,471
Nov 1996	1,163	46,469	21.97	—	$25,551
Oct 1996	1,732	37,696	23.31	—	$40,373
Sep 1996	764	26,434	22.22	—	$16,976
Aug 1996	0	10,987	20.26	—	$0
Jul 1996	0	924	19.55	—	$0
Jun 1996	0	1,467	18.73	—	$0
May 1996	0	0	19.43	—	$0
Apr 1996	0	0	21.51	—	$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.

Jun 2008 — as filed, then multipliedworked

Condensate             0 bbl  × $131.33 =         $0
Gas                    6 Mcf  × $ 13.03 =        $78

────────────────────────────────────────────────────
Month total                                      $78

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/158574 is the state's own key, not one this site invented.