LEGG

Operated by CHESAPEAKE OPERATING, L.L.C. (P-5 147699) in the ALLISON-BRITT (12350) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 203228District 10Field 018125002 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.8 M
May 2004 – Mar 2015
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
131
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 112 leases and 112 wells, and the rule below applies to all of them.

Discovered
1979-10-16
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2013-02-12.

The Commission's schedule remark for this field reads: SUSPENDED.

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
High Cost Gas112005-04-06160058
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
CondensateDisposition28,076 bbl$1,526,223
GasProduction655,744 Mcf$4,270,114
Total$5,796,337

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 35.5632, -100.1246. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.56320, -100.12458 · 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
12,740 ft
1 wells filed one
Completion to plug
10.8 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 12,740 ft.

Completions filed
May 2004
1 of 1 wells
Plug dates filed
Mar 2015
1 of 1 wells

Last completion to plug: a median of 10.8 years across the 1 well that filed both dates, with the middle half between 10.8 years and 10.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4833168120712,740 ftMay 2004Mar 2015Yes

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 (131)

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

131 months

Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 201428098.164.74$2,748
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 201473790.404.86$6,633
Dec 2013095991.824.35$4,176
Nov 201301,07188.853.74$4,004
Oct 20131801,14097.423.78$21,844
Sep 201301,041104.113.72$3,870
Aug 201301,443104.253.52$5,083
Jul 201301,317102.523.72$4,896
Jun 201301,37194.403.93$5,393
May 201301,45194.834.15$6,020
Apr 201301,47793.964.28$6,325
Mar 201301,60393.623.91$6,272
Feb 201301,53491.233.42$5,246
Jan 201301,70791.603.42$5,838
Dec 201211,76286.773.42$6,113
Nov 201201,60986.953.62$5,833
Oct 201201,57689.383.40$5,358
Sep 201201,53494.672.92$4,477
Aug 20121841,56592.662.91$21,601
Jul 201201,55585.133.02$4,697
Jun 201201,52179.822.52$3,831
May 201201,70791.612.49$4,248
Apr 201201,654101.652.00$3,303
Mar 201211,793105.052.22$4,089
Feb 20121892,121101.102.57$24,559
Jan 201202,02298.092.73$5,528
Dec 201102,42296.873.24$7,847
Nov 20111951,83895.723.31$24,752
Oct 201101,79084.983.65$6,531
Sep 201101,70583.623.99$6,796
Aug 20111901,61583.404.15$22,547
Jul 201111,76894.144.52$8,081
Jun 201121,78092.904.64$8,445
May 201101,70898.134.40$7,523
Apr 20111771,824105.964.33$26,659
Mar 201101,84596.364.06$7,486
Feb 20111952,13585.644.18$25,624
Jan 201102,49586.504.59$11,449
Dec 20101862,12685.734.35$25,189
Nov 201012,40280.843.80$9,197
Oct 201001,97878.103.51$6,941
Sep 201001,96172.633.98$7,804
Aug 20101802,59273.684.42$24,717
Jul 201002,61772.554.74$12,395
Jun 201002,06570.364.91$10,140
May 201002,14471.124.24$9,080
Apr 201012,06981.694.12$8,612
Mar 20101931,79178.394.39$22,989
Feb 201011,92573.585.44$10,550
Jan 201002,75974.365.96$16,455
Dec 20091792,63071.445.48$27,210
Nov 200942,21974.593.75$8,623
Oct 200931,92772.544.11$8,138
Sep 20091841,86565.543.06$17,775
Aug 200922,73567.423.22$8,937
Jul 200923,53261.133.46$12,359
Jun 20093914,70766.163.90$44,202
May 20091965,54854.743.93$32,509
Apr 20093798,16646.773.59$47,021
Mar 200921210,54142.144.06$51,720
Feb 20095949,56132.814.63$63,785
Jan 20092097,90635.865.37$49,958
Dec 20081972,32637.105.98$21,212
Nov 200853,31155.496.86$22,992
Oct 20081913,48775.246.92$38,508
Sep 20081953,223101.767.88$45,231
Aug 20081933,893114.228.48$55,069
Jul 200813,801131.0811.39$43,422
Jun 20083613,771131.3313.03$96,556
May 200813,740123.1711.57$43,411
Apr 20081753,693110.3110.45$57,914
Mar 20081863,858101.909.66$56,237
Feb 2008133,49392.538.77$31,839
Jan 20082033,74190.388.21$49,045
Dec 20071824,12688.337.30$46,204
Nov 200734,10591.677.29$30,207
Oct 20071864,57282.856.92$47,057
Sep 20071814,26475.846.24$40,352
Aug 20071894,60269.066.39$42,450
Jul 20071954,66970.906.39$43,651
Jun 20071924,55062.007.55$46,249
May 20071915,03758.747.85$50,741
Apr 20071894,20159.617.81$44,056
Mar 20071965,09756.927.30$48,374
Feb 20072104,81455.108.22$51,123
Jan 20073965,66950.306.73$58,053
Dec 20062175,61256.656.92$51,119
Nov 200685,49954.207.62$42,322
Oct 20063695,91254.906.01$55,812
Sep 20063885,65560.085.04$51,796
Aug 20061965,77768.717.34$55,870
Jul 20062135,80169.376.34$51,570
Jun 20061946,03066.286.38$51,353
May 20061986,60366.016.42$55,494
Apr 20062006,74164.397.36$62,495
Mar 20063997,30256.707.08$74,343
Feb 20062026,79457.597.75$64,294
Jan 20062117,87560.598.93$83,134
Dec 20054048,00454.9413.42$129,573
Nov 20051957,97954.6910.59$95,149
Oct 20055618,29458.3413.80$147,151
Sep 20053827,92761.4512.08$119,224
Aug 20055617,84661.519.80$111,373
Jul 20052018,99055.697.84$81,708
Jun 20055749,28152.337.38$98,541
May 200557610,44145.226.65$95,491
Apr 200558910,93049.207.36$109,429
Mar 200539311,91450.377.15$105,039
Feb 200559811,70845.226.31$100,942
Jan 200540813,74843.166.32$104,527
Dec 200474015,79339.866.75$136,116
Nov 200456316,33745.286.33$128,913
Oct 200473519,36549.706.52$162,694
Sep 20041,09721,35343.245.28$160,261
Aug 20041,88627,83142.375.55$234,390
Jul 20041,67934,20538.286.08$272,382
Jun 20042,29740,66536.106.43$344,520
May 20042,47842,25837.486.49$367,323

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 2014 — as filed, then multipliedworked
Condensate            28 bbl  × $ 98.16 =     $2,748
Gas                    0 Mcf  × $  4.74 =         $0

────────────────────────────────────────────────────
Month total                                   $2,748

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/203228 is the state's own key, not one this site invented.