UNDER THE HILL

Operated by CHOLLA PETROLEUM, INC. (P-5 150683) in the POSSUM KINGDOM (CONGL.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 221228District 7BField 725183332 tax incentive programmesCondensateGasSaveExport
Value, all time
$916 k
Jul 2006 – Oct 2019
Value, last 12 filed months
$10 k
at the published price for each month
Months reported
160
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 41 leases and 41 wells, and the rule below applies to all of them.

Discovered
1957-03-06
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 EFFECTIVE 12/01/2006.

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
High Cost Gas112008-01-14179643
NGPA1none

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
CondensateDisposition10 bbl$856
GasProduction142,588 Mcf$914,899
Total$915,755

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 32.8914, -98.5631. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.89144, -98.56310 · 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
100.0%
1 of 1 wells
Median depth
4,351 ft
1 wells filed one
Completion to plug
13.3 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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 4,351 ft.

Completions filed
Jul 2006
1 of 1 wells
Plug dates filed
Oct 2019
1 of 1 wells

Last completion to plug: a median of 13.3 years across the 1 well that filed both dates, with the middle half between 13.3 years and 13.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3633548734,351 ftJul 2006Oct 2019Yes

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 (160)

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

160 months

Oct 2019029553.472.42$713
Sep 2019068555.052.66$1,820
Aug 2019069853.112.30$1,608
Jul 2019061856.272.46$1,520
Jun 2019058652.782.49$1,460
May 2019068558.482.74$1,877
Apr 2019041762.632.75$1,147
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 2018021261.222.79$591
Feb 2018022961.782.77$633
Jan 2018017662.874.01$706
Dec 2017022957.272.92$669
Nov 2017016355.423.12$508
Oct 2017012549.292.98$373
Sep 2017022647.523.09$698
Aug 2017023145.373.00$694
Jul 2017022843.873.09$704
Jun 2017023442.493.09$722
May 2017023645.373.26$770
Apr 2017027247.933.21$874
Mar 2017026346.772.98$785
Feb 2017023950.452.95$706
Jan 2017021949.413.42$749
Dec 2016020748.763.72$771
Nov 2016020942.492.64$553
Oct 2016018946.193.09$584
Sep 2016017141.553.10$530
Aug 2016017041.442.92$497
Jul 2016020641.622.92$602
Jun 2016017845.352.69$478
May 2016019242.521.99$382
Apr 2016022536.561.99$448
Mar 2016018233.011.79$327
Feb 2016022626.472.06$466
Jan 2016022127.352.36$523
Dec 2015021632.362.00$432
Nov 2015019538.792.17$423
Oct 2015018543.552.43$449
Sep 2015018042.992.76$497
Aug 2015018040.162.87$517
Jul 2015017648.152.95$518
Jun 2015018256.152.88$525
May 2015031655.212.96$934
Apr 2015031049.822.71$839
Mar 2015028442.892.93$833
Feb 2015033344.662.98$991
Jan 2015034243.433.10$1,060
Dec 2014016854.693.59$603
Nov 2014027670.464.25$1,174
Oct 2014016678.303.90$648
Sep 2014017086.164.05$688
Aug 2014023689.394.04$952
Jul 2014024896.564.18$1,037
Jun 2014016998.164.74$801
May 2014023094.734.73$1,087
Apr 2014028895.944.81$1,385
Mar 2014024795.895.06$1,249
Feb 2014010097.406.19$619
Jan 2014027990.404.86$1,356
Dec 2013030391.824.35$1,319
Nov 2013035088.853.74$1,308
Oct 2013027997.423.78$1,054
Sep 20130249104.113.72$926
Aug 20130287104.253.52$1,011
Jul 20130228102.523.72$848
Jun 201305594.403.93$216
May 2013028894.834.15$1,195
Apr 2013032393.964.28$1,383
Mar 2013033293.623.91$1,299
Feb 2013035391.233.42$1,207
Jan 2013038891.603.42$1,327
Dec 2012039286.773.42$1,341
Nov 2012037686.953.62$1,363
Oct 2012029889.383.40$1,013
Sep 2012023694.672.92$689
Aug 2012019992.662.91$579
Jul 2012023785.133.02$716
Jun 2012020179.822.52$506
May 2012017591.612.49$435
Apr 20120189101.652.00$377
Mar 20120135105.052.22$300
Feb 20120151101.102.57$388
Jan 2012015698.092.73$427
Dec 2011017096.873.24$551
Nov 2011049495.723.31$1,636
Oct 2011067784.983.65$2,470
Sep 2011046583.623.99$1,853
Aug 2011013683.404.15$564
Jul 2011030594.144.52$1,378
Jun 201107592.904.64$348
May 2011018498.134.40$810
Apr 20110171105.964.33$741
Mar 2011057696.364.06$2,337
Feb 20111098685.644.18$4,978
Jan 2011072786.504.59$3,336
Dec 2010042085.734.35$1,826
Nov 2010054380.843.80$2,061
Oct 2010041378.103.51$1,449
Sep 2010034072.633.98$1,353
Aug 2010064973.684.42$2,868
Jul 2010068072.554.74$3,221
Jun 2010054570.364.91$2,676
May 2010052571.124.24$2,223
Apr 2010066481.694.12$2,737
Mar 2010044478.394.39$1,949
Feb 2010046673.585.44$2,536
Jan 2010046274.365.96$2,755
Dec 2009039671.445.48$2,172
Nov 2009027474.593.75$1,028
Oct 2009024972.544.11$1,023
Sep 2009032365.543.06$990
Aug 2009042767.423.22$1,374
Jul 2009043661.133.46$1,511
Jun 2009043666.163.90$1,698
May 2009048454.743.93$1,900
Apr 2009059646.773.59$2,138
Mar 2009062842.144.06$2,549
Feb 2009075432.814.63$3,493
Jan 2009092635.865.37$4,974
Dec 2008096037.105.98$5,738
Nov 200801,17355.496.86$8,047
Oct 200801,49275.246.92$10,328
Sep 200801,570101.767.88$12,367
Aug 200802,177114.228.48$18,468
Jul 200802,126131.0811.39$24,214
Jun 200802,326131.3313.03$30,314
May 200802,773123.1711.57$32,096
Apr 200802,880110.3110.45$30,110
Mar 200803,201101.909.66$30,935
Feb 200803,31392.538.77$29,057
Jan 200803,64890.388.21$29,935
Dec 200703,63788.337.30$26,557
Nov 200703,16091.677.29$23,042
Oct 200701,30982.856.92$9,061
Sep 2007043175.846.24$2,691
Aug 2007077969.066.39$4,976
Jul 200701,03370.906.39$6,599
Jun 200701,03062.007.55$7,775
May 200701,59458.747.85$12,507
Apr 200702,53759.617.81$19,802
Mar 200702,88156.927.30$21,037
Feb 200704,02255.108.22$33,045
Jan 200707,64150.306.73$51,400
Dec 2006013,66556.656.92$94,540
Nov 20060054.207.62$0
Oct 2006016,50654.906.01$99,264
Sep 200608,34560.085.04$42,035
Aug 200608,03568.717.34$58,976
Jul 20060069.376.34$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.

Oct 2019 — as filed, then multipliedworked
Condensate             0 bbl  × $ 53.47 =         $0
Gas                  295 Mcf  × $  2.42 =       $713

────────────────────────────────────────────────────
Month total                                     $713

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/221228 is the state's own key, not one this site invented.