FULTON-SELL UNIT

Operated by CHESAPEAKE OPERATING, L.L.C. (P-5 147699) in the BRADFORD (CLEVELAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 4588District 10Field 11226200NGPA filingOilCasinghead gasSaveExport
Value, all time
$617 k
Jan 1993 – Dec 2014
Value, last 12 filed months
$0
at the published price for each month
Months reported
264
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 141 leases and 152 wells, and the rule below applies to all of them.

Discovered
1959-09-16
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 2002-10-01.

The Commission's schedule remark for this field reads: 53869 270 EFF 4/5/11.

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
OilDisposition8,825 bbl$263,516
Casinghead gasProduction105,981 Mcf$353,526
Total$617,042

32,984 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 36.3392, -100.4416. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.33916, -100.44164 · 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
9,675 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 9,675 ft.

Completions filed
May 1980
1 of 1 wells

1 well

42-295307261 U9,675 ftMay 1980Yes

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 (264)

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

264 months

Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
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 201100105.964.33$0
Mar 20110096.364.06$0
Feb 201198085.644.18$8,393
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 2008048110.3110.45$502
Mar 200800101.909.66$0
Feb 2008028592.538.77$2,500
Jan 2008052890.388.21$4,333
Dec 200714151288.337.30$16,193
Nov 2007050391.677.29$3,668
Oct 2007050782.856.92$3,509
Sep 200717750175.846.24$16,552
Aug 2007052469.066.39$3,347
Jul 2007047970.906.39$3,060
Jun 2007047562.007.55$3,586
May 200718047058.747.85$14,261
Apr 2007057059.617.81$4,449
Mar 2007056956.927.30$4,155
Feb 200718355955.108.22$14,676
Jan 2007065350.306.73$4,393
Dec 2006061556.656.92$4,255
Nov 2006057354.207.62$4,365
Oct 2006055254.906.01$3,320
Sep 200613551960.085.04$10,725
Aug 2006050568.717.34$3,707
Jul 2006051269.376.34$3,247
Jun 200617349766.286.38$14,639
May 2006047766.016.42$3,065
Apr 2006048464.397.36$3,562
Mar 200633361056.707.08$23,202
Feb 2006050857.597.75$3,938
Jan 2006054560.598.93$4,869
Dec 2005060654.9413.42$8,130
Nov 2005062254.6910.59$6,586
Oct 2005054258.3413.80$7,477
Sep 200517955661.4512.08$17,715
Aug 2005049061.519.80$4,800
Jul 2005042555.697.84$3,334
Jun 2005044852.337.38$3,307
May 2005052045.226.65$3,459
Apr 2005041349.207.36$3,040
Mar 2005041950.377.15$2,998
Feb 200518448945.226.31$11,407
Jan 2005060143.166.32$3,800
Dec 2004059039.866.75$3,983
Nov 2004058645.286.33$3,710
Oct 200418145149.706.52$11,934
Sep 2004038443.245.28$2,029
Aug 2004046742.375.55$2,592
Jul 2004053438.286.08$3,249
Jun 200418149536.106.43$9,718
May 2004048937.486.49$3,176
Apr 2004043734.475.86$2,560
Mar 2004051734.365.53$2,859
Feb 200417749132.455.51$8,449
Jan 2004047932.036.30$3,018
Dec 2003048330.266.30$3,044
Nov 2003046228.804.60$2,123
Oct 200317951728.174.76$7,503
Sep 2003045526.314.75$2,161
Aug 2003050229.765.13$2,575
Jul 200318153029.415.17$8,064
Jun 2003048428.565.98$2,896
May 2003039126.595.97$2,335
Apr 2003051726.675.41$2,796
Mar 200318250131.146.10$8,722
Feb 2003062133.487.93$4,922
Jan 2003064530.315.58$3,600
Dec 2002052326.914.85$2,539
Nov 200217938624.664.14$6,011
Oct 2002046426.464.23$1,962
Sep 2002049127.443.64$1,785
Aug 2002049525.963.16$1,566
Jul 2002052124.583.06$1,595
Jun 200217752623.733.34$5,956
May 2002056524.663.58$2,025
Apr 200217356823.653.51$6,086
Mar 2002061422.003.10$1,905
Feb 2002022018.222.38$523
Jan 2002053417.172.38$1,269
Dec 2001063416.932.36$1,499
Nov 2001060818.072.41$1,463
Oct 200118058419.782.53$5,037
Sep 2001059224.262.25$1,333
Aug 2001052224.873.05$1,594
Jul 200115955123.933.20$5,566
Jun 2001064524.563.82$2,467
May 2001055425.524.31$2,386
Apr 200115152324.685.34$6,517
Mar 2001053624.545.38$2,882
Feb 2001054227.755.77$3,126
Jan 2001055027.478.40$4,619
Dec 200016859326.889.12$9,925
Nov 2000056832.215.66$3,214
Oct 2000058531.235.15$3,010
Sep 200015747631.875.19$7,472
Aug 2000056129.644.54$2,547
Jul 2000060928.534.09$2,491
Jun 2000060029.304.40$2,638
May 200017558327.263.68$6,916
Apr 2000051924.513.12$1,617
Mar 2000053928.422.86$1,541
Feb 200017653527.622.73$6,320
Jan 2000064625.272.48$1,602
Dec 1999055424.282.42$1,343
Nov 1999056723.192.43$1,380
Oct 199917957620.982.80$5,370
Sep 1999057221.752.62$1,498
Aug 1999053019.262.88$1,524
Jul 199917663417.892.37$4,653
Jun 1999056415.942.36$1,332
May 1999063415.792.32$1,472
Apr 199917964715.102.21$4,132
Mar 1999066212.471.84$1,217
Feb 199904419.981.82$802
Jan 1999054910.381.90$1,043
Dec 19981835589.201.77$2,673
Nov 1998065510.892.19$1,432
Oct 1998057912.421.97$1,140
Sep 1998060712.592.08$1,264
Aug 199817696311.301.91$3,826
Jul 1998063511.742.24$1,421
Jun 1998057811.242.24$1,293
May 199818066212.622.21$3,732
Apr 1998049413.042.51$1,238
Mar 1998041012.802.31$947
Feb 199817744713.952.30$3,497
Jan 1998054614.702.15$1,177
Dec 1997052416.322.41$1,263
Nov 1997058718.193.09$1,813
Oct 199718266519.253.15$5,598
Sep 1997076917.742.95$2,272
Aug 1997057917.862.55$1,479
Jul 199717879017.582.25$4,904
Jun 1997075017.242.26$1,693
May 199718482618.972.31$5,397
Apr 1997056017.882.08$1,166
Mar 1997045118.951.94$875
Feb 1997058520.492.21$1,290
Jan 1997054623.483.54$1,933
Dec 1996039023.32$0
Nov 19965195521.97$1,120
Oct 19961801,01723.31$4,196
Sep 199601,18222.22$0
Aug 199601,26020.26$0
Jul 19961791,30219.55$3,499
Jun 199601,18418.73$0
May 1996096419.43$0
Apr 1996097021.51$0
Mar 1996851,23119.38$1,647
Feb 19961811,13416.98$3,073
Jan 199601,01017.07$0
Dec 199501,16017.19$0
Nov 19951831,25116.00$2,928
Oct 199501,16315.43$0
Sep 1995056816.18$0
Aug 199517860315.92$2,834
Jul 1995083215.24$0
Jun 199518195216.41$2,970
May 199501,15617.56$0
Apr 199518083517.73$3,191
Mar 1995034316.44$0
Feb 1995048716.58$0
Jan 1995052315.92$0
Dec 1994057215.03$0
Nov 1994055315.90$0
Oct 1994061415.58$0
Sep 1994054715.29$0
Aug 1994033616.13$0
Jul 199418012317.56$3,161
Jun 199408217.09$0
May 1994024815.88$0
Apr 199417923814.14$2,531
Mar 1994027412.46$0
Feb 1994048712.50$0
Jan 1994062512.66$0
Dec 199317738012.33$2,182
Nov 1993042214.49$0
Oct 1993043615.85$0
Sep 199317942215.03$2,690
Aug 199304715.66$0
Jul 1993011215.46$0
Jun 1993015616.79$0
May 199317961017.68$3,165
Apr 1993042218.05$0
Mar 1993099018.14$0
Feb 19931801,02117.90$3,222
Jan 1993079516.93$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.

Feb 2011 — as filed, then multipliedworked
Oil                   98 bbl  × $ 85.64 =     $8,393
Casinghead gas         0 Mcf  × $  4.18 =         $0

────────────────────────────────────────────────────
Month total                                   $8,393

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/4588 is the state's own key, not one this site invented.