TUBB

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

Oil lease lease 7969District 10Field 53879500OilCasinghead gasSaveExport
Value, all time
$10.4 M
Jan 2009 – Feb 2013
Value, last 12 filed months
$0
at the published price for each month
Months reported
50
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 40 leases and 42 wells, and the rule below applies to all of them.

Discovered
1975-01-16
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 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 2009-09-29.

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

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
OilDisposition122,315 bbl$7,838,359
Casinghead gasProduction632,902 Mcf$2,542,918
Total$10,381,277

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 36.1408, -100.3584. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

36.14081, -100.35836 · 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
0.0%
0 of 2 wells
Median depth
8,347 ft
2 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
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

Between 8,336 and 8,358 ft, median 8,347 ft, over the 2 wells that filed a depth.

Completions filed
Feb 2009 – Jan 2010
2 of 2 wells

2 wells

42-295335382842H8,336 ftJan 2010Yes
42-295334042841H8,358 ftFeb 2009Yes

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 (50)

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

50 months

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 20114037,49196.873.24$63,308
Nov 20119998,16795.723.31$122,668
Oct 20119939,37184.983.65$118,576
Sep 20119839,94683.623.99$121,841
Aug 20111,16711,12483.404.15$143,485
Jul 201177211,07694.144.52$122,709
Jun 20111,34911,16292.904.64$177,112
May 201195011,64998.134.40$144,535
Apr 20111,31812,438105.964.33$193,553
Mar 20111,34912,79996.364.06$181,920
Feb 20111,34912,28485.644.18$166,875
Jan 20111,75214,36486.504.59$217,461
Dec 20101,54815,16085.734.35$198,622
Nov 20101,54316,01180.843.80$185,503
Oct 20101,86717,84378.103.51$208,422
Sep 20101,97818,01772.633.98$215,360
Aug 20102,43720,20273.684.42$268,838
Jul 20102,42820,26172.554.74$272,117
Jun 20102,82224,17470.364.91$317,260
May 20103,29923,68571.124.24$334,936
Apr 20104,36521,85581.694.12$446,678
Mar 20101,9092,70578.394.39$161,518
Feb 20103932873.585.44$29,069
Jan 20102,2144,10174.365.96$189,092
Dec 20092,42616,27871.445.48$262,578
Nov 20094,49029,59374.593.75$445,927
Oct 20095,08832,02972.544.11$500,731
Sep 20095,27733,23965.543.06$447,724
Aug 20096,71736,17467.423.22$569,286
Jul 20097,18132,84661.133.46$552,770
Jun 20099,17639,74666.163.90$761,895
May 200911,18641,28454.743.93$774,392
Apr 200910,47124,56146.773.59$577,841
Mar 20098,82217,73942.144.06$443,762
Feb 20098,07713,50032.814.63$327,552
Jan 20093,217035.865.37$115,362

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 2011 — as filed, then multipliedworked
Oil                  403 bbl  × $ 96.87 =    $39,039
Casinghead gas     7,491 Mcf  × $  3.24 =    $24,269

────────────────────────────────────────────────────
Month total                                  $63,308

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/7969 is the state's own key, not one this site invented.