CHANEY

Operated by RIFE OPERATING, LTD. (P-5 711390) in the RIFE (CONGL. 4150) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 128297District 7BField 76655750CondensateGasSaveExport
Value, all time
$240 k
Jan 1993 – May 2004
Value, last 12 filed months
$14 k
at the published price for each month
Months reported
137
no gaps in the span
Streams
2
condensate, 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 10 leases and 10 wells, and the rule below applies to all of them.

Discovered
1968-01-08
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: ALLOCATION FORMULA EFF. 4-1-80 PER AMENDMENT TO SWR 28 & 29

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
CondensateDisposition677 bbl$13,763
GasProduction116,012 Mcf$226,106
Total$239,869

50,537 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 32.9015, -98.3190. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.90150, -98.31904 · 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
4,180 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 4,180 ft.

Completions filed
Sep 2003
1 of 1 wells

1 well

42-363338191A4,180 ftSep 2003Yes

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 (137)

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

137 months

May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 200346030.266.30$1,392
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 2003059329.765.13$3,042
Jul 2003088229.415.17$4,561
Jun 2003087128.565.98$5,211
May 2003087126.595.97$5,202
Apr 2003092826.675.41$5,018
Mar 2003891,02331.146.10$9,008
Feb 2003087633.487.93$6,943
Jan 2003070530.315.58$3,935
Dec 2002068826.914.85$3,339
Nov 2002065024.664.14$2,689
Oct 2002085026.464.23$3,595
Sep 2002094227.443.64$3,424
Aug 2002095525.963.16$3,022
Jul 2002099824.583.06$3,056
Jun 200201,07323.733.34$3,582
May 200201,05224.663.58$3,770
Apr 2002061723.653.51$2,167
Mar 20026765722.003.10$3,512
Feb 2002060318.222.38$1,433
Jan 2002067117.172.38$1,594
Dec 2001067416.932.36$1,594
Nov 2001066318.072.41$1,595
Oct 2001069319.782.53$1,753
Sep 2001066424.262.25$1,495
Aug 2001066724.873.05$2,036
Jul 2001065023.933.20$2,078
Jun 2001071124.563.82$2,719
May 2001076425.524.31$3,291
Apr 2001070224.685.34$3,745
Mar 2001080124.545.38$4,307
Feb 2001066827.755.77$3,852
Jan 2001081027.478.40$6,803
Dec 2000090226.889.12$8,229
Nov 2000089732.215.66$5,075
Oct 2000094831.235.15$4,878
Sep 2000091031.875.19$4,720
Aug 2000099129.644.54$4,500
Jul 2000088728.534.09$3,628
Jun 2000065729.304.40$2,889
May 2000086327.263.68$3,176
Apr 2000083424.513.12$2,599
Mar 2000090528.422.86$2,588
Feb 2000088327.622.73$2,408
Jan 200001,02125.272.48$2,533
Dec 19998195624.282.42$4,284
Nov 1999098623.192.43$2,400
Oct 199901,19520.982.80$3,350
Sep 1999086521.752.62$2,265
Aug 1999062519.262.88$1,797
Jul 1999048717.892.37$1,155
Jun 1999057215.942.36$1,351
May 1999092315.792.32$2,142
Apr 1999098915.102.21$2,184
Mar 1999097512.471.84$1,792
Feb 199907959.981.82$1,445
Jan 1999061210.381.90$1,163
Dec 199808929.201.77$1,582
Nov 19981068210.892.19$1,600
Oct 1998083812.421.97$1,650
Sep 199801,10612.592.08$2,303
Aug 1998077511.301.91$1,478
Jul 1998691,45211.742.24$4,059
Jun 1998065711.242.24$1,470
May 1998070412.622.21$1,553
Apr 1998068613.042.51$1,719
Mar 1998070712.802.31$1,633
Feb 1998063613.952.30$1,462
Jan 1998072514.702.15$1,562
Dec 1997067016.322.41$1,615
Nov 1997070418.193.09$2,174
Oct 1997070419.253.15$2,217
Sep 1997075617.742.95$2,234
Aug 1997083117.862.55$2,123
Jul 1997082217.582.25$1,847
Jun 1997084117.242.26$1,898
May 1997088418.972.31$2,041
Apr 1997097417.882.08$2,029
Mar 199701,09918.951.94$2,131
Feb 1997075820.492.21$1,672
Jan 1997092223.483.54$3,264
Dec 1996086023.32$0
Nov 1996083521.97$0
Oct 199601,03423.31$0
Sep 199601,01322.22$0
Aug 1996083220.26$0
Jul 19966179419.55$1,193
Jun 1996086518.73$0
May 199601,10819.43$0
Apr 199601,17021.51$0
Mar 199601,01819.38$0
Feb 1996087816.98$0
Jan 1996093217.07$0
Dec 199501,00517.19$0
Nov 1995099316.00$0
Oct 199501,16915.43$0
Sep 1995092416.18$0
Aug 199501,07815.92$0
Jul 199501,05515.24$0
Jun 199501,09216.41$0
May 199501,10517.56$0
Apr 1995095417.73$0
Mar 19951161,08316.44$1,907
Feb 199501,00216.58$0
Jan 199501,13515.92$0
Dec 199401,09815.03$0
Nov 1994099915.90$0
Oct 199401,15715.58$0
Sep 199401,03715.29$0
Aug 199401,19816.13$0
Jul 199401,23817.56$0
Jun 199401,08017.09$0
May 199401,21315.88$0
Apr 199401,19214.14$0
Mar 199401,42912.46$0
Feb 199401,01512.50$0
Jan 1994099312.66$0
Dec 199301,11512.33$0
Nov 199301,29414.49$0
Oct 199301,00215.85$0
Sep 199301,11715.03$0
Aug 1993341,01915.66$532
Jul 19931041,12715.46$1,608
Jun 1993097216.79$0
May 199301,10717.68$0
Apr 199301,28918.05$0
Mar 199301,18318.14$0
Feb 1993067717.90$0
Jan 199301,05216.93$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 2003 — as filed, then multipliedworked
Condensate            46 bbl  × $ 30.26 =     $1,392
Gas                    0 Mcf  × $  6.30 =         $0

────────────────────────────────────────────────────
Month total                                   $1,392

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. 7B/G/128297 is the state's own key, not one this site invented.