MC GARRAUGH ET AL

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

Oil lease lease 4240District 10Field 42597332NGPA filingOilCasinghead gasSaveExport
Value, all time
$342 k
Jan 1993 – Sep 2011
Value, last 12 filed months
$0
at the published price for each month
Months reported
225
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 172 leases and 292 wells, and the rule below applies to all of them.

Discovered
1957-09-19
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. The field rule took effect on 1958-06-01.

The Commission's schedule remark for this field reads: PETRO (CLEVELAND) FLD 68735120 EFC 5/1/11

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
NGPA2none

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
OilDisposition12,784 bbl$325,803
Casinghead gasProduction25,037 Mcf$16,099
Total$341,902

18,810 Mcf of this lease's gas, across 45 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 36.0306, -100.9262. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

36.03060, -100.92622 · 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%
2 of 2 wells
With a plug date
50.0%
1 of 2 wells
Median depth
9,184 ft
2 wells filed one
Completion to plug
18.4 years
median over 1 well

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

Between 9,148 and 9,220 ft, median 9,184 ft, over the 2 wells that filed a depth.

Completions filed
Sep 1977 – Aug 2008
2 of 2 wells
Plug dates filed
Feb 1996
1 of 2 wells; 1 filed none

Last completion to plug: a median of 18.4 years across the 1 well that filed both dates, with the middle half between 18.4 years and 18.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-3933028229,148 ftAug 2008Yes
42-3933024719,220 ftSep 1977Feb 1996Yes

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 (225)

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

225 months

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 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 2006196056.656.92$11,103
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 2006195060.085.04$11,716
Aug 20060068.717.34$0
Jul 2006196069.376.34$13,597
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 2006197056.707.08$11,170
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 2005197054.9413.42$10,823
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 2005176061.519.80$10,826
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 2005180045.226.65$8,140
Apr 20050049.207.36$0
Mar 2005197050.377.15$9,923
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 2004206039.866.75$8,211
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 2004186042.375.55$7,881
Jul 20040038.286.08$0
Jun 2004195036.106.43$7,040
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 2004193034.365.53$6,631
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 2003179030.266.30$5,417
Nov 20030028.804.60$0
Oct 2003187028.174.76$5,268
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 2003199029.415.17$5,853
Jun 20030028.565.98$0
May 2003194026.595.97$5,158
Apr 20030026.675.41$0
Mar 2003198031.146.10$6,166
Feb 20030033.487.93$0
Jan 2003198030.315.58$6,001
Dec 2002197026.914.85$5,301
Nov 20020024.664.14$0
Oct 2002381026.464.23$10,081
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 2002187024.663.58$4,611
Apr 20020023.653.51$0
Mar 200287022.003.10$1,914
Feb 20020018.222.38$0
Jan 2002208017.172.38$3,571
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 2001193024.262.25$4,682
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 2001205025.524.31$5,232
Apr 20010024.685.34$0
Mar 2001191024.545.38$4,687
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 2000205031.235.15$6,402
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 2000210029.304.40$6,153
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 2000182027.622.73$5,027
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 1999210020.982.80$4,406
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 1999188017.892.37$3,363
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 199913109.981.82$1,307
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 1998193010.892.19$2,102
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 1998175011.742.24$2,055
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 1998335013.042.51$4,368
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 1998190014.702.15$2,793
Dec 1997056916.322.41$1,372
Nov 199720255118.193.09$5,376
Oct 1997056919.253.15$1,792
Sep 1997055117.742.95$1,628
Aug 1997056917.862.55$1,454
Jul 199718656917.582.25$4,548
Jun 199719434017.242.26$4,112
May 1997030518.972.31$704
Apr 1997055117.882.08$1,148
Mar 199718856918.951.94$4,666
Feb 1997051520.492.21$1,136
Jan 199719756923.483.54$6,640
Dec 1996056923.32$0
Nov 1996055121.97$0
Oct 199618656923.31$4,336
Sep 1996030422.22$0
Aug 19960020.26$0
Jul 199620356919.55$3,969
Jun 1996055118.73$0
May 1996056919.43$0
Apr 199619255121.51$4,130
Mar 1996056919.38$0
Feb 199619453316.98$3,294
Jan 1996056917.07$0
Dec 199518456917.19$3,163
Nov 1995055116.00$0
Oct 19951821,11415.43$2,808
Sep 199501,02616.18$0
Aug 1995197015.92$3,136
Jul 19950015.24$0
Jun 199519793716.41$3,233
May 199501,11417.56$0
Apr 19952021,07917.73$3,581
Mar 199501,11416.44$0
Feb 19951971,00816.58$3,266
Jan 199518590315.92$2,945
Dec 1994056915.03$0
Nov 199418810115.90$2,989
Oct 1994010415.58$0
Sep 1994010115.29$0
Aug 199418511416.13$2,984
Jul 199417818417.56$3,126
Jun 199418217917.09$3,110
May 1994018415.88$0
Apr 199418217914.14$2,573
Mar 1994018412.46$0
Feb 199418516812.50$2,313
Jan 1994018412.66$0
Dec 199317918412.33$2,207
Nov 1993017914.49$0
Oct 1993181215.85$2,869
Sep 199317917915.03$2,690
Aug 199320118415.66$3,148
Jul 1993178215.46$2,752
Jun 19930216.79$0
May 199317610417.68$3,112
Apr 1993010118.05$0
Mar 199318410418.14$3,338
Feb 19931839517.90$3,276
Jan 1993010416.93$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.

Dec 2006 — as filed, then multipliedworked
Oil                  196 bbl  × $ 56.65 =    $11,103
Casinghead gas         0 Mcf  × $  6.92 =         $0

────────────────────────────────────────────────────
Month total                                  $11,103

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/4240 is the state's own key, not one this site invented.