ISAACS -210-

Operated by CHEVRON U. S. A. INC. (P-5 148113) in the CANADIAN, SW. (MORROW, UP.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 86067District 10Field 15218500NGPA filingCondensateGasSaveExport
Value, all time
$3.9 M
Jan 1993 – May 2008
Value, last 12 filed months
$69 k
at the published price for each month
Months reported
185
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 24 leases and 24 wells, and the rule below applies to all of them.

Discovered
1975-05-01
as the register files it
Field class
Gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 640 acres.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA SUSPENDED EFF. 5/1/93

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
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
CondensateDisposition519 bbl$10,339
GasProduction1,499,735 Mcf$3,896,565
Total$3,906,903

597,000 Mcf of this lease's gas, across 48 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 35.8422, -100.4398. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.84224, -100.43978 · 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
11,711 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 11,711 ft.

Completions filed
Jun 2008
1 of 1 wells

1 well

42-21131118221011,711 ftJun 2008Yes

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 (185)

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

185 months

May 200801,762123.1711.57$20,394
Apr 200800110.3110.45$0
Mar 20080231101.909.66$2,232
Feb 2008014592.538.77$1,272
Jan 2008070990.388.21$5,818
Dec 200701,16388.337.30$8,492
Nov 200701,01391.677.29$7,386
Oct 2007094482.856.92$6,534
Sep 200701,05475.846.24$6,581
Aug 2007055469.066.39$3,539
Jul 2007061870.906.39$3,948
Jun 2007036962.007.55$2,785
May 2007049658.747.85$3,892
Apr 2007017759.617.81$1,382
Mar 2007038256.927.30$2,789
Feb 2007026755.108.22$2,194
Jan 2007088650.306.73$5,960
Dec 2006095156.656.92$6,579
Nov 2006086154.207.62$6,559
Oct 2006099754.906.01$5,996
Sep 2006057360.085.04$2,886
Aug 2006084468.717.34$6,195
Jul 2006012469.376.34$787
Jun 200601066.286.38$64
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 2006033856.707.08$2,394
Feb 200605,86157.597.75$45,429
Jan 200606,66360.598.93$59,523
Dec 200507,26054.9413.42$97,396
Nov 200507,51054.6910.59$79,519
Oct 200508,10358.3413.80$111,787
Sep 200507,65261.4512.08$92,429
Aug 200507,35661.519.80$72,066
Jul 200506,94255.697.84$54,451
Jun 200506,56652.337.38$48,464
May 200506,83545.226.65$45,461
Apr 200506,75349.207.36$49,705
Mar 200506,75750.377.15$48,346
Feb 200506,49845.226.31$41,015
Jan 200506,20643.166.32$39,236
Dec 200407,32439.866.75$49,445
Nov 200406,46345.286.33$40,914
Oct 200406,43749.706.52$41,938
Sep 200406,56643.245.28$34,694
Aug 200407,01342.375.55$38,927
Jul 200407,32638.286.08$44,573
Jun 200407,17936.106.43$46,183
May 200407,31037.486.49$47,475
Apr 200406,84534.475.86$40,101
Mar 200406,95634.365.53$38,468
Feb 200406,30432.455.51$34,733
Jan 200406,15432.036.30$38,768
Dec 200307,23830.266.30$45,611
Nov 200305,80828.804.60$26,689
Oct 200306,94728.174.76$33,065
Sep 200307,37926.314.75$35,046
Aug 200307,55629.765.13$38,760
Jul 200307,16529.415.17$37,049
Jun 200307,11828.565.98$42,587
May 200307,01926.595.97$41,922
Apr 200307,56126.675.41$40,884
Mar 200307,68231.146.10$46,830
Feb 200306,07633.487.93$48,158
Jan 200307,12230.315.58$39,755
Dec 200207,07026.914.85$34,316
Nov 200207,70324.664.14$31,867
Oct 200208,66626.464.23$36,650
Sep 200208,53627.443.64$31,030
Aug 200208,58525.963.16$27,164
Jul 200209,07624.583.06$27,789
Jun 200207,68423.733.34$25,651
May 200208,28024.663.58$29,676
Apr 200207,99723.653.51$28,088
Mar 200206,93222.003.10$21,508
Feb 200206,87718.222.38$16,338
Jan 200207,76117.172.38$18,438
Dec 200107,68216.932.36$18,163
Nov 200108,02518.072.41$19,304
Oct 200109,41719.782.53$23,814
Sep 20011697,73624.262.25$21,516
Aug 200107,97924.873.05$24,361
Jul 200108,67223.933.20$27,725
Jun 200108,26624.563.82$31,611
May 200108,28825.524.31$35,699
Apr 200109,19224.685.34$49,042
Mar 200106,89124.545.38$37,049
Feb 200106,57227.755.77$37,901
Jan 200106,26627.478.40$52,627
Dec 200006,05126.889.12$55,200
Nov 200009,25332.215.66$52,353
Oct 200007,97531.235.15$41,035
Sep 200009,04831.875.19$46,927
Aug 200007,02929.644.54$31,917
Jul 200008,83928.534.09$36,149
Jun 200009,29429.304.40$40,868
May 200007,80727.263.68$28,728
Apr 200008,31724.513.12$25,916
Mar 2000010,73128.422.86$30,688
Feb 2000010,10627.622.73$27,554
Jan 2000010,23125.272.48$25,378
Dec 199909,19324.282.42$22,281
Nov 1999010,41523.192.43$25,350
Oct 1999011,33220.982.80$31,772
Sep 1999011,01121.752.62$28,836
Aug 1999010,35119.262.88$29,765
Jul 1999011,97217.892.37$28,402
Jun 1999012,10915.942.36$28,603
May 199908,60515.792.32$19,972
Apr 1999011,73815.102.21$25,918
Mar 199909,91412.471.84$18,225
Feb 1999010,6199.981.82$19,303
Jan 1999010,04810.381.90$19,091
Dec 199808,5569.201.77$15,173
Nov 1998013,37510.892.19$29,234
Oct 199805,74712.421.97$11,317
Sep 199808,80412.592.08$18,335
Aug 1998012,23511.301.91$23,336
Jul 199809,33211.742.24$20,878
Jun 199805,38911.242.24$12,057
May 1998010,82512.622.21$23,884
Apr 1998013,89413.042.51$34,809
Mar 199806,70912.802.31$15,494
Feb 1998011,09113.952.30$25,500
Jan 199808,36914.702.15$18,033
Dec 1997011,45816.322.41$27,626
Nov 199708,70218.193.09$26,874
Oct 1997011,47719.253.15$36,150
Sep 1997013,47617.742.95$39,820
Aug 1997014,77817.862.55$37,754
Jul 1997013,02917.582.25$29,275
Jun 19970117.242.26$2
May 199702,51518.972.31$5,806
Apr 199704,99717.882.08$10,408
Mar 199702,85718.951.94$5,540
Feb 199701,81120.492.21$3,995
Jan 199702,18923.483.54$7,748
Dec 199609,58023.32$0
Nov 1996010,75221.97$0
Oct 199608,61323.31$0
Sep 199609,34622.22$0
Aug 1996011,00120.26$0
Jul 1996010,28219.55$0
Jun 1996010,56718.73$0
May 1996011,33319.43$0
Apr 199608,15521.51$0
Mar 1996011,04019.38$0
Feb 1996010,01716.98$0
Jan 1996010,28917.07$0
Dec 199509,66917.19$0
Nov 1995011,01716.00$0
Oct 1995011,24615.43$0
Sep 199507,38616.18$0
Aug 1995013,71715.92$0
Jul 1995012,11015.24$0
Jun 1995010,47416.41$0
May 1995012,82317.56$0
Apr 199515414,15917.73$2,730
Mar 1995010,02716.44$0
Feb 199507,76916.58$0
Jan 199509,82115.92$0
Dec 1994010,73015.03$0
Nov 1994011,98215.90$0
Oct 1994010,44915.58$0
Sep 1994012,03015.29$0
Aug 1994011,64516.13$0
Jul 1994013,27217.56$0
Jun 1994013,80117.09$0
May 1994014,80815.88$0
Apr 1994011,33314.14$0
Mar 1994014,51912.46$0
Feb 1994014,68812.50$0
Jan 199409,07112.66$0
Dec 1993016,51412.33$0
Nov 1993011,07114.49$0
Oct 1993016,04015.85$0
Sep 1993019,45715.03$0
Aug 1993018,02515.66$0
Jul 1993017,41615.46$0
Jun 1993010,77616.79$0
May 1993018,89317.68$0
Apr 1993015,14218.05$0
Mar 1993020,66018.14$0
Feb 199319615,63417.90$3,508
Jan 1993017,85116.93$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.

May 2008 — as filed, then multipliedworked
Condensate             0 bbl  × $123.17 =         $0
Gas                1,762 Mcf  × $ 11.57 =    $20,394

────────────────────────────────────────────────────
Month total                                  $20,394

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/86067 is the state's own key, not one this site invented.