SHRADER

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

Oil lease lease 4198District 10Field 13207110OilCasinghead gasSaveExport
Value, all time
$749 k
Jan 1993 – Nov 2011
Value, last 12 filed months
$26 k
at the published price for each month
Months reported
227
no gaps in the span
Streams
2
oil, casinghead 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 19 leases and 37 wells, and the rule below applies to all of them.

Discovered
1973-04-30
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 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 2008-11-01.

The Commission's schedule remark for this field reads: (CLEVELAND) FIELD.

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
OilDisposition8,471 bbl$261,027
Casinghead gasProduction149,887 Mcf$487,780
Total$748,807

48,675 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 36.1770, -100.7863. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.17704, -100.78635 · 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
9,315 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 9,315 ft.

Completions filed
Mar 1977
1 of 1 wells

1 well

42-3573038419,315 ftMar 1977Yes

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 (227)

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

227 months

Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 20110389105.964.33$1,686
Mar 2011058596.364.06$2,374
Feb 2011050485.644.18$2,107
Jan 201117256986.504.59$17,489
Dec 2010049085.734.35$2,130
Nov 2010033980.843.80$1,287
Oct 2010040678.103.51$1,425
Sep 2010046872.633.98$1,862
Aug 2010067473.684.42$2,979
Jul 20100072.554.74$0
Jun 2010028570.364.91$1,399
May 2010054071.124.24$2,287
Apr 2010054481.694.12$2,243
Mar 201016360378.394.39$15,424
Feb 2010040873.585.44$2,220
Jan 2010054874.365.96$3,268
Dec 2009052071.445.48$2,852
Nov 2009060474.593.75$2,266
Oct 2009063472.544.11$2,606
Sep 2009041065.543.06$1,257
Aug 200916543167.423.22$12,511
Jul 2009039661.133.46$1,372
Jun 2009050366.163.90$1,959
May 2009059454.743.93$2,332
Apr 2009048046.773.59$1,722
Mar 2009034342.144.06$1,392
Feb 2009031732.814.63$1,469
Jan 2009043935.865.37$2,358
Dec 2008053737.105.98$3,210
Nov 200813660955.496.86$11,725
Oct 2008057175.246.92$3,952
Sep 20080329101.767.88$2,592
Aug 20080344114.228.48$2,918
Jul 20080346131.0811.39$3,941
Jun 20080377131.3313.03$4,913
May 20080430123.1711.57$4,977
Apr 20080472110.3110.45$4,935
Mar 2008165539101.909.66$22,022
Feb 2008056392.538.77$4,938
Jan 2008064890.388.21$5,317
Dec 2007057788.337.30$4,213
Nov 2007056391.677.29$4,105
Oct 2007061782.856.92$4,271
Sep 200715657075.846.24$15,390
Aug 2007060769.066.39$3,877
Jul 2007058270.906.39$3,718
Jun 2007061662.007.55$4,650
May 2007059158.747.85$4,637
Apr 200715743459.617.81$12,746
Mar 2007070356.927.30$5,133
Feb 2007038555.108.22$3,163
Jan 2007042850.306.73$2,879
Dec 2006046956.656.92$3,245
Nov 2006058554.207.62$4,456
Oct 2006059454.906.01$3,572
Sep 2006058860.085.04$2,962
Aug 200616360768.717.34$15,655
Jul 2006050069.376.34$3,171
Jun 2006057666.286.38$3,677
May 2006057966.016.42$3,720
Apr 2006054664.397.36$4,019
Mar 200615452856.707.08$12,472
Feb 2006049757.597.75$3,852
Jan 2006060860.598.93$5,431
Dec 2005060454.9413.42$8,103
Nov 2005053054.6910.59$5,612
Oct 200518058058.3413.80$18,503
Sep 2005053161.4512.08$6,414
Aug 2005055361.519.80$5,418
Jul 2005059955.697.84$4,698
Jun 2005058952.337.38$4,347
May 2005061345.226.65$4,077
Apr 200517159449.207.36$12,785
Mar 2005064850.377.15$4,636
Feb 2005052045.226.31$3,282
Jan 2005045343.166.32$2,864
Dec 2004052739.866.75$3,558
Nov 2004057445.286.33$3,634
Oct 200416455949.706.52$11,793
Sep 2004051443.245.28$2,716
Aug 2004054442.375.55$3,020
Jul 2004053238.286.08$3,237
Jun 200419253736.106.43$10,386
May 2004056937.486.49$3,695
Apr 2004056134.475.86$3,287
Mar 2004056134.365.53$3,102
Feb 2004050232.455.51$2,766
Jan 2004056932.036.30$3,585
Dec 2003055430.266.30$3,491
Nov 200319355628.804.60$8,113
Oct 2003052928.174.76$2,518
Sep 2003051626.314.75$2,451
Aug 2003054729.765.13$2,806
Jul 2003050429.415.17$2,606
Jun 2003040728.565.98$2,435
May 200318737926.595.97$7,236
Apr 2003034326.675.41$1,855
Mar 2003033131.146.10$2,018
Feb 2003022633.487.93$1,791
Jan 200309930.315.58$553
Dec 2002035026.914.85$1,699
Nov 2002069424.664.14$2,871
Oct 2002074226.464.23$3,138
Sep 20027679727.443.64$4,983
Aug 2002055625.963.16$1,759
Jul 2002074524.583.06$2,281
Jun 200217168723.733.34$6,351
May 2002070624.663.58$2,530
Apr 2002076223.653.51$2,676
Mar 2002077122.003.10$2,392
Feb 200218069918.222.38$4,940
Jan 2002075617.172.38$1,796
Dec 2001077016.932.36$1,821
Nov 2001074218.072.41$1,785
Oct 200115779319.782.53$5,111
Sep 2001075824.262.25$1,707
Aug 200117382824.873.05$6,831
Jul 200101,01223.933.20$3,235
Jun 2001052124.563.82$1,992
May 2001051725.524.31$2,227
Apr 2001052524.685.34$2,801
Mar 200118051624.545.38$7,191
Feb 2001064127.755.77$3,697
Jan 2001077527.478.40$6,509
Dec 2000061726.889.12$5,629
Nov 2000059132.215.66$3,344
Oct 2000070031.235.15$3,602
Sep 200015570831.875.19$8,612
Aug 2000078729.644.54$3,574
Jul 2000065528.534.09$2,679
Jun 200012873629.304.40$6,987
May 2000078927.263.68$2,903
Apr 200017176924.513.12$6,587
Mar 2000083028.422.86$2,374
Feb 2000082827.622.73$2,258
Jan 200010164725.272.48$4,157
Dec 199912150224.282.42$4,155
Nov 1999071123.192.43$1,731
Oct 1999071120.982.80$1,993
Sep 199916671921.752.62$5,493
Aug 1999069219.262.88$1,990
Jul 199913877717.892.37$4,312
Jun 1999086815.942.36$2,050
May 1999047715.792.32$1,107
Apr 1999048815.102.21$1,078
Mar 1999054112.471.84$995
Feb 199905089.981.82$923
Jan 1999055110.381.90$1,047
Dec 19981627169.201.77$2,760
Nov 1998074110.892.19$1,620
Oct 1998078712.421.97$1,550
Sep 199817273612.592.08$3,698
Aug 1998170211.301.91$1,350
Jul 1998051311.742.24$1,148
Jun 1998063711.242.24$1,425
May 1998072412.622.21$1,597
Apr 199817571413.042.51$4,071
Mar 1998074412.802.31$1,718
Feb 1998068613.952.30$1,577
Jan 1998074214.702.15$1,599
Dec 1997080016.322.41$1,929
Nov 199717577318.193.09$5,570
Oct 1997070819.253.15$2,230
Sep 1997069517.742.95$2,054
Aug 1997078417.862.55$2,003
Jul 199717781417.582.25$4,941
Jun 1997076717.242.26$1,731
May 1997084418.972.31$1,948
Apr 199717373917.882.08$4,632
Mar 1997091318.951.94$1,770
Feb 1997068820.492.21$1,518
Jan 1997088823.483.54$3,143
Dec 199617682323.32$4,104
Nov 1996093821.97$0
Oct 199617791423.31$4,126
Sep 1996090622.22$0
Aug 1996079120.26$0
Jul 1996086719.55$0
Jun 1996085118.73$0
May 1996085119.43$0
Apr 199617895821.51$3,829
Mar 1996091319.38$0
Feb 1996096116.98$0
Jan 19961811,00617.07$3,090
Dec 1995089017.19$0
Nov 199501,00116.00$0
Oct 199517597515.43$2,700
Sep 1995096716.18$0
Aug 199501,06515.92$0
Jul 19951761,31315.24$2,682
Jun 199501,00616.41$0
May 1995091817.56$0
Apr 19951781,04317.73$3,156
Mar 199501,12116.44$0
Feb 1995093416.58$0
Jan 19951761,04115.92$2,802
Dec 199401,08415.03$0
Nov 199401,01015.90$0
Oct 1994099415.58$0
Sep 199417899815.29$2,722
Aug 199401,00516.13$0
Jul 199401,05117.56$0
Jun 199417696317.09$3,008
May 199401,10415.88$0
Apr 199401,29914.14$0
Mar 19941811,14312.46$2,255
Feb 199401,14912.50$0
Jan 19941761,19012.66$2,228
Dec 199301,21012.33$0
Nov 19931811,15114.49$2,623
Oct 199301,18415.85$0
Sep 199301,16315.03$0
Aug 19931761,27315.66$2,756
Jul 199301,29215.46$0
Jun 199317790816.79$2,972
May 199301,16817.68$0
Apr 1993052018.05$0
Mar 19933391,34218.14$6,149
Feb 199301,39817.90$0
Jan 199302316.93$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.

Apr 2011 — as filed, then multipliedworked
Oil                    0 bbl  × $105.96 =         $0
Casinghead gas       389 Mcf  × $  4.33 =     $1,686

────────────────────────────────────────────────────
Month total                                   $1,686

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/4198 is the state's own key, not one this site invented.