HALL 23

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 214548District 10Field 018125002 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.2 M
Oct 2005 – Nov 2015
Value, last 12 filed months
$34 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 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 Gas112006-07-26168750
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
CondensateDisposition8,315 bbl$587,788
GasProduction502,994 Mcf$3,586,581
Total$4,174,369

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 35.6031, -100.0648. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.60305, -100.06475 · 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
0.0%
0 of 1 wells
Median depth
10,000 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
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 10,000 ft.

Completions filed
Oct 2015
1 of 1 wells

1 well

42-48331906110,000 ftOct 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 (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

Nov 20150038.792.17$0
Oct 20155043.552.43$218
Sep 20150042.992.76$0
Aug 201502,02340.162.87$5,811
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20158690549.822.71$6,734
Mar 201501,58042.892.93$4,637
Feb 201501,65144.662.98$4,914
Jan 201501,70043.433.10$5,271
Dec 201411,70054.693.59$6,160
Nov 201401,77270.464.25$7,534
Oct 201401,86978.303.90$7,291
Sep 201401,84986.164.05$7,480
Aug 201401,87589.394.04$7,566
Jul 201401,85196.564.18$7,736
Jun 201401,84698.164.74$8,744
May 201401,87294.734.73$8,848
Apr 201401,84395.944.81$8,863
Mar 201402,11395.895.06$10,685
Feb 201401,88897.406.19$11,691
Jan 201401,84090.404.86$8,944
Dec 201301,91291.824.35$8,326
Nov 2013751,81388.853.74$13,441
Oct 20131991,74197.423.78$25,966
Sep 201301,710104.113.72$6,357
Aug 201301,825104.253.52$6,429
Jul 201301,976102.523.72$7,346
Jun 201301,75494.403.93$6,899
May 201301,50994.834.15$6,261
Apr 201301,53493.964.28$6,569
Mar 20131821,87893.623.91$24,387
Feb 201301,77591.233.42$6,070
Jan 201301,92991.603.42$6,597
Dec 201202,02586.773.42$6,926
Nov 201211,91086.953.62$7,011
Oct 201201,94089.383.40$6,595
Sep 201201,93594.672.92$5,647
Aug 20121862,07092.662.91$23,255
Jul 201202,10585.133.02$6,359
Jun 201201,97679.822.52$4,978
May 201202,08491.612.49$5,186
Apr 201202,075101.652.00$4,143
Mar 201202,345105.052.22$5,211
Feb 201212,211101.102.57$5,784
Jan 201202,35098.092.73$6,425
Dec 201112,40596.873.24$7,888
Nov 20111852,30895.723.31$25,351
Oct 201102,17784.983.65$7,943
Sep 2011542,21583.623.99$13,344
Aug 201112,43383.404.15$10,179
Jul 201102,42094.144.52$10,932
Jun 201112,36392.904.64$11,057
May 20111802,57598.134.40$29,006
Apr 201102,445105.964.33$10,595
Mar 201102,63696.364.06$10,695
Feb 201102,30185.644.18$9,618
Jan 20111822,62386.504.59$27,779
Dec 201012,57585.734.35$11,281
Nov 201002,53980.843.80$9,636
Oct 201002,76078.103.51$9,685
Sep 20101762,60972.633.98$23,165
Aug 201002,73573.684.42$12,087
Jul 201002,86372.554.74$13,561
Jun 20101782,64170.364.91$25,492
May 201002,81171.124.24$11,905
Apr 201002,85781.694.12$11,779
Mar 201002,86278.394.39$12,560
Feb 20101972,72173.585.44$29,304
Jan 201013,12174.365.96$18,688
Dec 200973,12571.445.48$17,637
Nov 200963,27974.593.75$12,749
Oct 200953,51672.544.11$14,814
Sep 20091883,57765.543.06$23,284
Aug 200923,75067.423.22$12,204
Jul 200943,80361.133.46$13,420
Jun 20091863,68566.163.90$26,659
May 200983,62654.743.93$14,673
Apr 20092083,28346.773.59$21,506
Mar 2009103,59242.144.06$15,001
Feb 2009123,22232.814.63$15,321
Jan 20092003,92335.865.37$28,242
Dec 200853,93937.105.98$23,729
Nov 200883,57955.496.86$24,997
Oct 200893,53375.246.92$25,133
Sep 20082013,720101.767.88$49,757
Aug 200843,925114.228.48$33,753
Jul 20082003,838131.0811.39$69,929
Jun 2008123,671131.3313.03$49,419
May 20082013,977123.1711.57$70,788
Apr 2008183,928110.3110.45$43,052
Mar 2008154,088101.909.66$41,035
Feb 2008133,52092.538.77$32,075
Jan 20081883,85590.388.21$48,625
Dec 2007184,08688.337.30$31,426
Nov 200794,08491.677.29$30,604
Oct 20071934,80782.856.92$49,264
Sep 200774,70575.846.24$29,910
Aug 20071825,03569.066.39$44,732
Jul 200765,40370.906.39$34,939
Jun 20071775,33962.007.55$51,275
May 2007116,05558.747.85$48,155
Apr 20071754,80059.617.81$47,897
Mar 2007106,43256.927.30$47,535
Feb 20072055,69455.108.22$58,077
Jan 20072186,48950.306.73$54,616
Dec 2006267,09156.656.92$50,532
Nov 20061987,29054.207.62$66,263
Oct 2006298,06254.906.01$50,075
Sep 20062248,48360.085.04$56,188
Aug 200620911,83968.717.34$101,258
Jul 20062297,63969.376.34$64,338
Jun 200696,60166.286.38$42,737
May 200623010,94066.016.42$85,472
Apr 200641011,86264.397.36$113,710
Mar 200624013,57756.707.08$109,773
Feb 200623713,76357.597.75$120,327
Jan 200625518,57760.598.93$181,405
Dec 200543122,78654.9413.42$329,362
Nov 200558230,72154.6910.59$357,116
Oct 200519234,32658.3413.80$484,755

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.

Oct 2015 — as filed, then multipliedworked
Condensate             5 bbl  × $ 43.55 =       $218
Gas                    0 Mcf  × $  2.43 =         $0

────────────────────────────────────────────────────
Month total                                     $218

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/214548 is the state's own key, not one this site invented.