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 221229District 7BField 725183332 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.3 M
Jul 2006 – May 2018
Value, last 12 filed months
$11 k
at the published price for each month
Months reported
143
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 Gas112008-02-01179645
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
CondensateDisposition1,084 bbl$82,614
GasProduction205,928 Mcf$1,238,230
Total$1,320,844

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 32.8884, -98.5594. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.88842, -98.55944 · 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
4,421 ft
1 wells filed one
Completion to plug
11.8 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 4,421 ft.

Completions filed
Aug 2006
1 of 1 wells
Plug dates filed
May 2018
1 of 1 wells

Last completion to plug: a median of 11.8 years across the 1 well that filed both dates, with the middle half between 11.8 years and 11.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3633555154,421 ftAug 2006May 2018Yes

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 (143)

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

143 months

May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 2018037561.222.79$1,045
Feb 2018038861.782.77$1,073
Jan 2018035162.874.01$1,407
Dec 2017038857.272.92$1,134
Nov 2017027855.423.12$867
Oct 2017022249.292.98$662
Sep 2017037547.523.09$1,158
Aug 2017036445.373.00$1,094
Jul 2017037043.873.09$1,142
Jun 2017037542.493.09$1,158
May 2017030345.373.26$989
Apr 2017044347.933.21$1,423
Mar 2017043546.772.98$1,298
Feb 2017042350.452.95$1,249
Jan 2017037749.413.42$1,289
Dec 2016040948.763.72$1,523
Nov 2016040942.492.64$1,082
Oct 2016041946.193.09$1,295
Sep 2016041541.553.10$1,287
Aug 2016046841.442.92$1,369
Jul 2016052541.622.92$1,535
Jun 2016043845.352.69$1,176
May 2016045242.521.99$900
Apr 2016048736.561.99$970
Mar 2016045333.011.79$813
Feb 2016044426.472.06$916
Jan 2016051327.352.36$1,213
Dec 2015052432.362.00$1,049
Nov 2015053038.792.17$1,149
Oct 2015050943.552.43$1,235
Sep 2015052242.992.76$1,440
Aug 2015053740.162.87$1,543
Jul 2015051348.152.95$1,511
Jun 2015049656.152.88$1,430
May 2015054255.212.96$1,602
Apr 2015054949.822.71$1,486
Mar 2015049842.892.93$1,461
Feb 2015051244.662.98$1,524
Jan 2015058643.433.10$1,817
Dec 2014044854.693.59$1,609
Nov 2014052370.464.25$2,224
Oct 2014053578.303.90$2,087
Sep 2014044486.164.05$1,796
Aug 2014054989.394.04$2,215
Jul 2014060796.564.18$2,537
Jun 2014055498.164.74$2,624
May 2014061094.734.73$2,883
Apr 2014053995.944.81$2,592
Mar 2014067995.895.06$3,434
Feb 2014047297.406.19$2,923
Jan 2014062590.404.86$3,038
Dec 2013068191.824.35$2,965
Nov 2013063188.853.74$2,359
Oct 2013058297.423.78$2,200
Sep 20130616104.113.72$2,290
Aug 20130640104.253.52$2,254
Jul 20130566102.523.72$2,104
Jun 2013054894.403.93$2,156
May 2013052794.834.15$2,187
Apr 2013058993.964.28$2,522
Mar 2013052793.623.91$2,062
Feb 2013066391.233.42$2,267
Jan 2013068291.603.42$2,332
Dec 2012063386.773.42$2,165
Nov 2012063586.953.62$2,302
Oct 2012056489.383.40$1,917
Sep 2012041294.672.92$1,202
Aug 2012039992.662.91$1,160
Jul 2012041385.133.02$1,248
Jun 2012042379.822.52$1,066
May 2012039791.612.49$988
Apr 20120349101.652.00$697
Mar 20120360105.052.22$800
Feb 20120380101.102.57$977
Jan 2012034098.092.73$930
Dec 2011066996.873.24$2,167
Nov 2011082595.723.31$2,732
Oct 201101,04384.983.65$3,805
Sep 201101,00583.623.99$4,006
Aug 2011088783.404.15$3,680
Jul 2011082094.144.52$3,704
Jun 2011091292.904.64$4,232
May 201101,07298.134.40$4,722
Apr 20110435105.964.33$1,885
Mar 2011092196.364.06$3,737
Feb 201116279485.644.18$17,193
Jan 201101,15186.504.59$5,282
Dec 2010092485.734.35$4,017
Nov 2010053280.843.80$2,019
Oct 2010062178.103.51$2,179
Sep 2010051272.633.98$2,037
Aug 2010046573.684.42$2,055
Jul 2010053072.554.74$2,510
Jun 2010055970.364.91$2,745
May 2010053971.124.24$2,283
Apr 2010049081.694.12$2,020
Mar 2010092878.394.39$4,073
Feb 2010097673.585.44$5,312
Jan 201001,04074.365.96$6,203
Dec 200901,47971.445.48$8,110
Nov 200901,84574.593.75$6,922
Oct 200901,89172.544.11$7,772
Sep 200902,89165.543.06$8,860
Aug 200903,03767.423.22$9,775
Jul 200902,98161.133.46$10,328
Jun 200902,98666.163.90$11,630
May 200903,04254.743.93$11,942
Apr 20091793,06546.773.59$19,368
Mar 200902,95442.144.06$11,990
Feb 200903,18332.814.63$14,747
Jan 200903,31435.865.37$17,799
Dec 200803,52937.105.98$21,093
Nov 200802,68355.496.86$18,406
Oct 20081623,78075.246.92$38,354
Sep 200803,435101.767.88$27,058
Aug 200803,497114.228.48$29,665
Jul 200803,923131.0811.39$44,681
Jun 200803,911131.3313.03$50,971
May 200804,189123.1711.57$48,485
Apr 200804,142110.3110.45$43,304
Mar 20081644,419101.909.66$59,417
Feb 200804,51792.538.77$39,617
Jan 2008695,21090.388.21$48,988
Dec 200705,76388.337.30$42,081
Nov 20071705,92791.677.29$58,802
Oct 200704,06682.856.92$28,145
Sep 200704,23175.846.24$26,419
Aug 200708969.066.39$569
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 2007052056.927.30$3,797
Feb 2007086655.108.22$7,115
Jan 200703,24850.306.73$21,849
Dec 200604,90856.656.92$33,956
Nov 20061786,13154.207.62$56,350
Oct 2006010,12054.906.01$60,860
Sep 2006012,58460.085.04$63,388
Aug 2006012,56368.717.34$92,211
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.

Mar 2018 — as filed, then multipliedworked
Condensate             0 bbl  × $ 61.22 =         $0
Gas                  375 Mcf  × $  2.79 =     $1,045

────────────────────────────────────────────────────
Month total                                   $1,045

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/221229 is the state's own key, not one this site invented.