ODC

Name: ODC lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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

Oil lease lease 2904District 10Field 85118500NGPA filingOilCasinghead gasSave Export

Value, all time

$697 k

Jan 1993 – May 2012

Value, last 12 filed months

$14 k

at the published price for each month

Months reported

233

no gaps in the span

Streams

oil, casinghead gas

The SPICER (MARMATON) field

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 36 leases and 63 wells, and the rule below applies to all of them.

Discovered

1962-09-15

as the register files it

Field class

Oil and 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 80 acres.

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Oil	Disposition	3,669 bbl	$108,197
Casinghead gas	Production	163,171 Mcf	$589,111
Total			$697,308

46,378 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 (2)

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 36.2794, -100.9933. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

36.27944, -100.99326 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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%

2 of 2 wells

With a plug date

50.0%

1 of 2 wells

Median depth

6,830 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

2100.0%

A plug date is filed

150.0%

BothOn the schedule and plugged. Neither fact cancels the other.

150.0%

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 6,830 ft.

Completions filed

Dec 1963

1 of 2 wells; 1 filed none

Plug dates filed

Dec 1975

1 of 2 wells; 1 filed none

2 wells


42-35700558	19	6,830 ft	—	Dec 1975	Yes
42-35700557	29	—	Dec 1963	—	Yes

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 (233)

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

233 months


May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	135	0	101.10	2.57	$13,649
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	0	105.96	4.33	$0
Mar 2011	0	0	96.36	4.06	$0
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	0	0	86.50	4.59	$0
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	0	0	78.10	3.51	$0
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	0	895	72.55	4.74	$4,239
Jun 2010	0	843	70.36	4.91	$4,139
May 2010	0	588	71.12	4.24	$2,490
Apr 2010	0	579	81.69	4.12	$2,387
Mar 2010	191	310	78.39	4.39	$16,333
Feb 2010	0	379	73.58	5.44	$2,063
Jan 2010	0	798	74.36	5.96	$4,759
Dec 2009	0	783	71.44	5.48	$4,294
Nov 2009	0	762	74.59	3.75	$2,859
Oct 2009	0	775	72.54	4.11	$3,185
Sep 2009	0	658	65.54	3.06	$2,017
Aug 2009	0	729	67.42	3.22	$2,346
Jul 2009	0	784	61.13	3.46	$2,716
Jun 2009	0	156	66.16	3.90	$608
May 2009	0	223	54.74	3.93	$875
Apr 2009	0	323	46.77	3.59	$1,159
Mar 2009	0	542	42.14	4.06	$2,200
Feb 2009	0	187	32.81	4.63	$866
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	601	101.76	7.88	$4,734
Aug 2008	0	693	114.22	8.48	$5,879
Jul 2008	0	637	131.08	11.39	$7,255
Jun 2008	0	765	131.33	13.03	$9,970
May 2008	0	516	123.17	11.57	$5,972
Apr 2008	0	700	110.31	10.45	$7,318
Mar 2008	0	818	101.90	9.66	$7,905
Feb 2008	0	644	92.53	8.77	$5,648
Jan 2008	0	767	90.38	8.21	$6,294
Dec 2007	0	796	88.33	7.30	$5,812
Nov 2007	0	796	91.67	7.29	$5,804
Oct 2007	0	774	82.85	6.92	$5,358
Sep 2007	183	685	75.84	6.24	$18,156
Aug 2007	0	750	69.06	6.39	$4,791
Jul 2007	0	748	70.90	6.39	$4,778
Jun 2007	0	805	62.00	7.55	$6,077
May 2007	0	849	58.74	7.85	$6,661
Apr 2007	0	837	59.61	7.81	$6,533
Mar 2007	0	855	56.92	7.30	$6,243
Feb 2007	0	824	55.10	8.22	$6,770
Jan 2007	0	875	50.30	6.73	$5,886
Dec 2006	0	845	56.65	6.92	$5,846
Nov 2006	0	807	54.20	7.62	$6,147
Oct 2006	0	709	54.90	6.01	$4,264
Sep 2006	0	471	60.08	5.04	$2,373
Aug 2006	0	649	68.71	7.34	$4,764
Jul 2006	0	792	69.37	6.34	$5,023
Jun 2006	0	617	66.28	6.38	$3,939
May 2006	0	403	66.01	6.42	$2,589
Apr 2006	0	687	64.39	7.36	$5,057
Mar 2006	0	774	56.70	7.08	$5,482
Feb 2006	0	699	57.59	7.75	$5,418
Jan 2006	0	817	60.59	8.93	$7,299
Dec 2005	0	823	54.94	13.42	$11,041
Nov 2005	0	794	54.69	10.59	$8,407
Oct 2005	0	821	58.34	13.80	$11,326
Sep 2005	0	637	61.45	12.08	$7,694
Aug 2005	0	616	61.51	9.80	$6,035
Jul 2005	0	543	55.69	7.84	$4,259
Jun 2005	0	529	52.33	7.38	$3,905
May 2005	0	764	45.22	6.65	$5,081
Apr 2005	186	758	49.20	7.36	$14,730
Mar 2005	0	759	50.37	7.15	$5,431
Feb 2005	0	670	45.22	6.31	$4,229
Jan 2005	0	762	43.16	6.32	$4,818
Dec 2004	0	774	39.86	6.75	$5,225
Nov 2004	0	598	45.28	6.33	$3,786
Oct 2004	0	303	49.70	6.52	$1,974
Sep 2004	0	656	43.24	5.28	$3,466
Aug 2004	0	640	42.37	5.55	$3,552
Jul 2004	0	803	38.28	6.08	$4,886
Jun 2004	0	758	36.10	6.43	$4,876
May 2004	0	762	37.48	6.49	$4,949
Apr 2004	0	638	34.47	5.86	$3,738
Mar 2004	0	89	34.36	5.53	$492
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	0	12	32.03	6.30	$76
Dec 2003	0	24	30.26	6.30	$151
Nov 2003	0	0	28.80	4.60	$0
Oct 2003	0	833	28.17	4.76	$3,965
Sep 2003	0	932	26.31	4.75	$4,426
Aug 2003	0	835	29.76	5.13	$4,283
Jul 2003	0	945	29.41	5.17	$4,886
Jun 2003	0	905	28.56	5.98	$5,415
May 2003	179	943	26.59	5.97	$10,392
Apr 2003	0	936	26.67	5.41	$5,061
Mar 2003	0	983	31.14	6.10	$5,992
Feb 2003	0	902	33.48	7.93	$7,149
Jan 2003	0	967	30.31	5.58	$5,398
Dec 2002	0	837	26.91	4.85	$4,063
Nov 2002	0	913	24.66	4.14	$3,777
Oct 2002	0	910	26.46	4.23	$3,849
Sep 2002	195	986	27.44	3.64	$8,935
Aug 2002	0	964	25.96	3.16	$3,050
Jul 2002	0	878	24.58	3.06	$2,688
Jun 2002	0	224	23.73	3.34	$748
May 2002	0	591	24.66	3.58	$2,118
Apr 2002	0	929	23.65	3.51	$3,263
Mar 2002	0	945	22.00	3.10	$2,932
Feb 2002	0	663	18.22	2.38	$1,575
Jan 2002	0	982	17.17	2.38	$2,333
Dec 2001	0	1,003	16.93	2.36	$2,371
Nov 2001	0	646	18.07	2.41	$1,554
Oct 2001	0	944	19.78	2.53	$2,387
Sep 2001	0	216	24.26	2.25	$486
Aug 2001	0	662	24.87	3.05	$2,021
Jul 2001	0	1,140	23.93	3.20	$3,645
Jun 2001	0	745	24.56	3.82	$2,849
May 2001	174	698	25.52	4.31	$7,447
Apr 2001	0	828	24.68	5.34	$4,418
Mar 2001	0	965	24.54	5.38	$5,188
Feb 2001	0	928	27.75	5.77	$5,352
Jan 2001	0	960	27.47	8.40	$8,063
Dec 2000	0	682	26.88	9.12	$6,222
Nov 2000	0	864	32.21	5.66	$4,889
Oct 2000	0	953	31.23	5.15	$4,904
Sep 2000	0	1,020	31.87	5.19	$5,290
Aug 2000	173	1,088	29.64	4.54	$10,068
Jul 2000	22	1,102	28.53	4.09	$5,135
Jun 2000	0	815	29.30	4.40	$3,584
May 2000	0	841	27.26	3.68	$3,095
Apr 2000	0	541	24.51	3.12	$1,686
Mar 2000	0	117	28.42	2.86	$335
Feb 2000	0	357	27.62	2.73	$973
Jan 2000	0	280	25.27	2.48	$695
Dec 1999	0	430	24.28	2.42	$1,042
Nov 1999	0	458	23.19	2.43	$1,115
Oct 1999	0	930	20.98	2.80	$2,607
Sep 1999	0	1,243	21.75	2.62	$3,255
Aug 1999	0	1,385	19.26	2.88	$3,983
Jul 1999	0	417	17.89	2.37	$989
Jun 1999	0	560	15.94	2.36	$1,323
May 1999	0	1,026	15.79	2.32	$2,381
Apr 1999	318	1,239	15.10	2.21	$7,538
Mar 1999	0	1,313	12.47	1.84	$2,414
Feb 1999	0	563	9.98	1.82	$1,023
Jan 1999	0	770	10.38	1.90	$1,463
Dec 1998	0	919	9.20	1.77	$1,630
Nov 1998	0	1,050	10.89	2.19	$2,295
Oct 1998	0	982	12.42	1.97	$1,934
Sep 1998	0	1,016	12.59	2.08	$2,116
Aug 1998	0	236	11.30	1.91	$450
Jul 1998	0	7	11.74	2.24	$16
Jun 1998	0	321	11.24	2.24	$718
May 1998	0	320	12.62	2.21	$706
Apr 1998	0	367	13.04	2.51	$919
Mar 1998	0	1,193	12.80	2.31	$2,755
Feb 1998	0	1,120	13.95	2.30	$2,575
Jan 1998	0	837	14.70	2.15	$1,804
Dec 1997	0	1,073	16.32	2.41	$2,587
Nov 1997	0	953	18.19	3.09	$2,943
Oct 1997	0	1,000	19.25	3.15	$3,150
Sep 1997	345	1,017	17.74	2.95	$9,125
Aug 1997	0	1,088	17.86	2.55	$2,780
Jul 1997	0	1,066	17.58	2.25	$2,395
Jun 1997	0	999	17.24	2.26	$2,255
May 1997	0	1,062	18.97	2.31	$2,452
Apr 1997	0	1,031	17.88	2.08	$2,147
Mar 1997	0	1,032	18.95	1.94	$2,001
Feb 1997	0	440	20.49	2.21	$971
Jan 1997	0	1,080	23.48	3.54	$3,823
Dec 1996	0	1,158	23.32	—	$0
Nov 1996	0	979	21.97	—	$0
Oct 1996	0	1,038	23.31	—	$0
Sep 1996	0	927	22.22	—	$0
Aug 1996	339	1,029	20.26	—	$6,868
Jul 1996	0	1,167	19.55	—	$0
Jun 1996	0	938	18.73	—	$0
May 1996	0	1,101	19.43	—	$0
Apr 1996	0	1,081	21.51	—	$0
Mar 1996	0	1,095	19.38	—	$0
Feb 1996	0	947	16.98	—	$0
Jan 1996	0	967	17.07	—	$0
Dec 1995	0	944	17.19	—	$0
Nov 1995	0	1,008	16.00	—	$0
Oct 1995	0	788	15.43	—	$0
Sep 1995	303	982	16.18	—	$4,903
Aug 1995	0	1,062	15.92	—	$0
Jul 1995	0	1,096	15.24	—	$0
Jun 1995	0	998	16.41	—	$0
May 1995	0	990	17.56	—	$0
Apr 1995	0	971	17.73	—	$0
Mar 1995	0	1,008	16.44	—	$0
Feb 1995	0	921	16.58	—	$0
Jan 1995	0	950	15.92	—	$0
Dec 1994	300	942	15.03	—	$4,509
Nov 1994	0	922	15.90	—	$0
Oct 1994	0	928	15.58	—	$0
Sep 1994	0	1,024	15.29	—	$0
Aug 1994	0	1,053	16.13	—	$0
Jul 1994	0	1,097	17.56	—	$0
Jun 1994	0	1,068	17.09	—	$0
May 1994	0	1,050	15.88	—	$0
Apr 1994	0	964	14.14	—	$0
Mar 1994	349	1,060	12.46	—	$4,349
Feb 1994	0	967	12.50	—	$0
Jan 1994	0	1,003	12.66	—	$0
Dec 1993	0	933	12.33	—	$0
Nov 1993	0	804	14.49	—	$0
Oct 1993	0	366	15.85	—	$0
Sep 1993	0	557	15.03	—	$0
Aug 1993	0	938	15.66	—	$0
Jul 1993	0	1,005	15.46	—	$0
Jun 1993	0	942	16.79	—	$0
May 1993	0	1,022	17.68	—	$0
Apr 1993	0	1,020	18.05	—	$0
Mar 1993	0	1,025	18.14	—	$0
Feb 1993	0	603	17.90	—	$0
Jan 1993	277	940	16.93	—	$4,690

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.

Feb 2012 — as filed, then multipliedworked

Oil                  135 bbl  × $101.10 =    $13,649
Casinghead gas         0 Mcf  × $  2.57 =         $0

────────────────────────────────────────────────────
Month total                                  $13,649

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/O/2904 is the state's own key, not one this site invented.