ALEXANDER

Operated by CHESAPEAKE OPERATING, L.L.C. (P-5 147699) 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 209477District 10Field 861252502 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.1 M
Feb 2005 – Mar 2015
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
122
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 Gas112005-08-10164507
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
CondensateDisposition5,870 bbl$356,777
GasProduction239,617 Mcf$1,743,986
Total$2,100,762

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 35.4515, -100.0023. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.45152, -100.00231 · 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
13,910 ft
1 wells filed one
Completion to plug
9.5 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 13,910 ft.

Completions filed
Feb 2005
1 of 1 wells
Plug dates filed
Aug 2014
1 of 1 wells

Last completion to plug: a median of 9.5 years across the 1 well that filed both dates, with the middle half between 9.5 years and 9.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-48331752402313,910 ftFeb 2005Aug 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 (122)

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

122 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 201441086.164.05$3,533
Aug 20140089.394.04$0
Jul 201401896.564.18$75
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 20130094.403.93$0
May 20130094.834.15$0
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 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 2011165083.404.15$13,761
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110798.134.40$31
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 2011076586.504.59$3,510
Dec 201021,70385.734.35$7,576
Nov 201021,18880.843.80$4,671
Oct 201001,45678.103.51$5,109
Sep 20101931,49072.633.98$19,947
Aug 201011,44973.684.42$6,477
Jul 201001,50972.554.74$7,147
Jun 201061,50470.364.91$7,807
May 201011,35571.124.24$5,810
Apr 201011,43581.694.12$5,998
Mar 2010511,49378.394.39$10,550
Feb 201021,45673.585.44$8,071
Jan 20101771,97174.365.96$24,917
Dec 200951,64771.445.48$9,389
Nov 200951,64874.593.75$6,555
Oct 200941,78572.544.11$7,627
Sep 20091941,70465.543.06$17,937
Aug 200931,81067.423.22$6,028
Jul 200951,64461.133.46$6,001
Jun 200921,61466.163.90$6,419
May 200951,74454.743.93$7,120
Apr 20091671,69746.773.59$13,899
Mar 200951,77442.144.06$7,411
Feb 200981,58832.814.63$7,620
Jan 20092081,82135.865.37$17,239
Dec 200861,71337.105.98$10,461
Nov 200882,82855.496.86$19,845
Oct 200841,98175.246.92$14,013
Sep 20081881,879101.767.88$33,932
Aug 200861,723114.228.48$15,302
Jul 200842,126131.0811.39$24,738
Jun 200842,332131.3313.03$30,917
May 200811,347123.1711.57$15,714
Apr 200841,308110.3110.45$14,116
Mar 20081992,125101.909.66$40,814
Feb 200862,49392.538.77$22,420
Jan 200852,11390.388.21$17,791
Dec 20071902,54888.337.30$35,388
Nov 200772,38491.677.29$18,025
Oct 200742,63682.856.92$18,578
Sep 200762,63675.846.24$16,915
Aug 20071842,77569.066.39$30,434
Jul 200792,76970.906.39$18,326
Jun 200743,10362.007.55$23,671
May 200754,01358.747.85$31,781
Apr 20071881,13559.617.81$20,066
Mar 200742,83856.927.30$20,951
Feb 2007132,68755.108.22$22,793
Jan 2007163,59750.306.73$25,001
Dec 20062033,00256.656.92$32,269
Nov 200673,61454.207.62$27,909
Oct 20061902,49554.906.01$25,435
Sep 200663,42560.085.04$17,613
Aug 200673,94868.717.34$29,459
Jul 200623,62269.376.34$23,112
Jun 20061963,86066.286.38$37,633
May 2006113,81166.016.42$25,212
Apr 2006134,11264.397.36$31,103
Mar 20062024,74156.707.08$45,034
Feb 200674,27157.597.75$33,508
Jan 20062194,37160.598.93$52,317
Dec 2005285,97154.9413.42$81,642
Nov 20051776,51054.6910.59$78,611
Oct 20051896,04958.3413.80$94,477
Sep 200532,62761.4512.08$31,916
Aug 200562,79161.519.80$27,712
Jul 20051845,94255.697.84$56,854
Jun 20051886,61852.337.38$58,686
May 20051998,47145.226.65$65,341
Apr 200538112,21249.207.36$108,631
Mar 200561616,78350.377.15$151,108
Feb 200551824,00745.226.31$174,954

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.

Sep 2014 — as filed, then multipliedworked
Condensate            41 bbl  × $ 86.16 =     $3,533
Gas                    0 Mcf  × $  4.05 =         $0

────────────────────────────────────────────────────
Month total                                   $3,533

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/209477 is the state's own key, not one this site invented.