ALEXANDER

Operated by CHESAPEAKE OPERATING, INC. (P-5 147715) in the STILES RANCH (GRANITE WASH CONS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 204450District 10Field 861252502 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.4 M
Jun 2004 – Sep 2011
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
88
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 906 leases and 906 wells, and the rule below applies to all of them.

Discovered
2008-06-24
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 2011-10-11.

The Commission's schedule remark for this field reads: FIELD. EFFECTIVE 4/12/16.

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 Gas112006-01-09159488
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
CondensateDisposition6,469 bbl$327,531
GasProduction286,212 Mcf$2,043,373
Total$2,370,905

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 35.4575, -100.0026. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.45752, -100.00256 · 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
13,715 ft
1 wells filed one
Completion to plug
5.0 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 13,715 ft.

Completions filed
Jun 2004
1 of 1 wells
Plug dates filed
Jun 2009
1 of 1 wells

Last completion to plug: a median of 5.0 years across the 1 well that filed both dates, with the middle half between 5.0 years and 5.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-48331675102313,715 ftJun 2004Jun 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 (88)

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

88 months

Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 201146094.144.52$4,330
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 20092254.743.93$117
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 200810075.246.92$752
Sep 200811101.767.88$110
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200811131.3313.03$144
May 200800123.1711.57$0
Apr 20081417110.3110.45$1,722
Mar 200822101.909.66$223
Feb 20083192.538.77$286
Jan 20082013390.388.21$18,437
Dec 200751,46888.337.30$11,161
Nov 200781,89591.677.29$14,551
Oct 2007146,22582.856.92$44,249
Sep 2007145,82575.846.24$37,434
Aug 2007175,92969.066.39$39,048
Jul 20072005,81970.906.39$51,351
Jun 2007264,39662.007.55$34,795
May 2007395,73658.747.85$47,297
Apr 2007193,95759.617.81$32,018
Mar 2007271,96856.927.30$15,907
Feb 2007131055.108.22$798
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 2006297554.207.62$7,535
Oct 20061903,42254.906.01$31,010
Sep 200644,19660.085.04$21,376
Aug 20061994,77568.717.34$48,721
Jul 200623,80569.376.34$24,273
Jun 200634,54966.286.38$29,239
May 20061934,87566.016.42$44,062
Apr 200674,63864.397.36$34,589
Mar 20061944,94656.707.08$46,032
Feb 2006114,22157.597.75$33,351
Jan 20062144,75460.598.93$55,435
Dec 2005175,01854.9413.42$68,252
Nov 20051935,82654.6910.59$72,243
Oct 200576,31258.3413.80$87,487
Sep 20051836,28361.4512.08$87,138
Aug 200576,83261.519.80$67,363
Jul 20051727,08055.697.84$65,112
Jun 20051877,07352.337.38$61,992
May 20052007,37845.226.65$58,116
Apr 20051917,38549.207.36$63,754
Mar 20052096,88650.377.15$59,796
Feb 20052166,73745.226.31$52,291
Jan 20052166,96743.166.32$53,369
Dec 20041828,95739.866.75$67,724
Nov 20041799,89045.286.33$70,713
Oct 200435811,88049.706.52$95,192
Sep 200418413,71843.245.28$80,441
Aug 200472918,06142.375.55$131,138
Jul 200458625,31338.286.08$176,441
Jun 200477230,17536.106.43$221,986

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            46 bbl  × $ 94.14 =     $4,330
Gas                    0 Mcf  × $  4.52 =         $0

────────────────────────────────────────────────────
Month total                                   $4,330

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/204450 is the state's own key, not one this site invented.