WOODY, JOE -B-

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

Gas lease lease 72599District 7BField 24618250NGPA filingCondensateGasSaveExport
Value, all time
$92 k
Jan 1993 – Jun 2008
Value, last 12 filed months
$0
at the published price for each month
Months reported
186
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 62 leases and 62 wells, and the rule below applies to all of them.

Discovered
1977-08-01
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: FIELD CHANGED FROM EXEMPT TO PRORATED EFFECTIVE 1/1/2016;

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
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
CondensateDisposition7 bbl$389
GasProduction36,950 Mcf$91,628
Total$92,017

12,018 Mcf of this lease's gas, across 47 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 32.8641, -97.6735. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.86414, -97.67345 · 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
4,926 ft
1 wells filed one
Completion to plug
32.1 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 4,926 ft.

Completions filed
May 1976
1 of 1 wells
Plug dates filed
Jun 2008
1 of 1 wells

Last completion to plug: a median of 32.1 years across the 1 well that filed both dates, with the middle half between 32.1 years and 32.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3673034924,926 ftMay 1976Jun 2008Yes

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 (186)

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

186 months

Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20065060.598.93$303
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 2005023358.3413.80$3,214
Sep 200509061.4512.08$1,087
Aug 20050861.519.80$78
Jul 2005020455.697.84$1,600
Jun 2005032252.337.38$2,377
May 20050845.226.65$53
Apr 2005025449.207.36$1,870
Mar 2005020650.377.15$1,474
Feb 2005017245.226.31$1,086
Jan 2005213543.166.32$940
Dec 2004020239.866.75$1,364
Nov 2004013945.286.33$880
Oct 2004022649.706.52$1,472
Sep 2004018043.245.28$951
Aug 2004028542.375.55$1,582
Jul 2004014038.286.08$852
Jun 200402536.106.43$161
May 200402137.486.49$136
Apr 2004013134.475.86$767
Mar 2004023734.365.53$1,311
Feb 2004018632.455.51$1,025
Jan 2004023832.036.30$1,499
Dec 2003022830.266.30$1,437
Nov 2003025628.804.60$1,176
Oct 2003017628.174.76$838
Sep 2003011526.314.75$546
Aug 2003015029.765.13$769
Jul 2003012729.415.17$657
Jun 2003015928.565.98$951
May 2003023426.595.97$1,398
Apr 2003018226.675.41$984
Mar 2003012031.146.10$732
Feb 200307233.487.93$571
Jan 200304130.315.58$229
Dec 20020026.914.85$0
Nov 2002011724.664.14$484
Oct 2002012326.464.23$520
Sep 2002010827.443.64$393
Aug 200208125.963.16$256
Jul 200208724.583.06$266
Jun 200209523.733.34$317
May 2002016624.663.58$595
Apr 2002018123.653.51$636
Mar 2002019422.003.10$602
Feb 2002021318.222.38$506
Jan 20020017.172.38$0
Dec 2001029616.932.36$700
Nov 2001024118.072.41$580
Oct 2001032819.782.53$829
Sep 2001011824.262.25$266
Aug 2001011324.873.05$345
Jul 2001014823.933.20$473
Jun 2001015624.563.82$597
May 2001017125.524.31$737
Apr 2001017224.685.34$918
Mar 2001018224.545.38$979
Feb 2001017127.755.77$986
Jan 2001017327.478.40$1,453
Dec 2000016726.889.12$1,523
Nov 2000019532.215.66$1,103
Oct 2000020931.235.15$1,075
Sep 2000038231.875.19$1,981
Aug 2000018929.644.54$858
Jul 200009828.534.09$401
Jun 2000047929.304.40$2,106
May 2000050327.263.68$1,851
Apr 2000047724.513.12$1,486
Mar 2000049328.422.86$1,410
Feb 2000048427.622.73$1,320
Jan 200001125.272.48$27
Dec 1999051924.282.42$1,258
Nov 1999045423.192.43$1,105
Oct 19990020.982.80$0
Sep 1999022921.752.62$600
Aug 1999049419.262.88$1,421
Jul 1999055217.892.37$1,310
Jun 1999048615.942.36$1,148
May 1999043615.792.32$1,012
Apr 1999048515.102.21$1,071
Mar 1999050412.471.84$927
Feb 199905319.981.82$965
Jan 1999066410.381.90$1,262
Dec 199803149.201.77$557
Nov 19980010.892.19$0
Oct 1998035212.421.97$693
Sep 1998065612.592.08$1,366
Aug 1998068311.301.91$1,303
Jul 1998046011.742.24$1,029
Jun 1998068311.242.24$1,528
May 1998063712.622.21$1,405
Apr 1998054213.042.51$1,358
Mar 1998062912.802.31$1,453
Feb 1998057413.952.30$1,320
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 1997012017.582.25$270
Jun 19970017.242.26$0
May 1997022518.972.31$519
Apr 1997021917.882.08$456
Mar 1997020818.951.94$403
Feb 1997020420.492.21$450
Jan 1997024923.483.54$881
Dec 1996028523.32$0
Nov 1996018521.97$0
Oct 1996019023.31$0
Sep 1996019022.22$0
Aug 1996019020.26$0
Jul 1996021819.55$0
Jun 1996024918.73$0
May 1996026819.43$0
Apr 1996025221.51$0
Mar 1996026819.38$0
Feb 1996029116.98$0
Jan 1996026217.07$0
Dec 1995027817.19$0
Nov 1995026416.00$0
Oct 1995014215.43$0
Sep 1995023216.18$0
Aug 1995023715.92$0
Jul 1995028415.24$0
Jun 1995026816.41$0
May 1995035717.56$0
Apr 1995056217.73$0
Mar 19950016.44$0
Feb 1995013816.58$0
Jan 1995011915.92$0
Dec 1994017315.03$0
Nov 1994014915.90$0
Oct 1994012815.58$0
Sep 1994012915.29$0
Aug 1994013716.13$0
Jul 1994012917.56$0
Jun 199409317.09$0
May 1994015815.88$0
Apr 1994013014.14$0
Mar 1994017012.46$0
Feb 1994022012.50$0
Jan 1994053212.66$0
Dec 1993067812.33$0
Nov 1993023714.49$0
Oct 1993029015.85$0
Sep 1993028515.03$0
Aug 1993029215.66$0
Jul 1993032615.46$0
Jun 1993034716.79$0
May 1993038417.68$0
Apr 1993038218.05$0
Mar 1993037718.14$0
Feb 1993021317.90$0
Jan 1993033016.93$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.

Jan 2006 — as filed, then multipliedworked
Condensate             5 bbl  × $ 60.59 =       $303
Gas                    0 Mcf  × $  8.93 =         $0

────────────────────────────────────────────────────
Month total                                     $303

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/72599 is the state's own key, not one this site invented.