ADKINS

Operated by CHISHOLM OPERATING, INC. (P-5 149454) in the PANTHER MTN. (CADDO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 28800District 7BField 69015073OilCasinghead gasSaveExport
Value, all time
$445 k
Nov 1999 – Nov 2003
Value, last 12 filed months
$38 k
at the published price for each month
Months reported
49
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 1 leases and 1 wells, and the rule below applies to all of them.

Discovered
1999-11-09
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
OilDisposition15,024 bbl$384,363
Casinghead gasProduction15,759 Mcf$61,033
Total$445,396

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 32.4286, -100.1630. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.42862, -100.16297 · 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
6,255 ft
1 wells filed one
Completion to plug
3.8 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 6,255 ft.

Completions filed
Nov 1999
1 of 1 wells
Plug dates filed
Sep 2003
1 of 1 wells

Last completion to plug: a median of 3.8 years across the 1 well that filed both dates, with the middle half between 3.8 years and 3.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3533266026,255 ftNov 1999Sep 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 (49)

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

49 months

Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 200302128.565.98$126
May 200301826.595.97$108
Apr 20030026.675.41$0
Mar 20031765431.146.10$5,810
Feb 200318028933.487.93$8,317
Jan 200351132130.315.58$17,280
Dec 200218132926.914.85$6,468
Nov 200252836624.664.14$14,535
Oct 200217925626.464.23$5,819
Sep 200235837627.443.64$11,190
Aug 200217939025.963.16$5,881
Jul 200235941724.583.06$10,101
Jun 200235939923.733.34$9,851
May 200235944224.663.58$10,437
Apr 200233035823.653.51$9,062
Mar 200232838222.003.10$8,401
Feb 200236635418.222.38$7,510
Jan 200236640917.172.38$7,256
Dec 200154241116.932.36$10,148
Nov 200136539618.072.41$7,548
Oct 200135840419.782.53$8,103
Sep 200136244724.262.25$9,788
Aug 200146457024.873.05$13,280
Jul 200136129423.933.20$9,579
Jun 200135036724.563.82$9,999
May 200135440225.524.31$10,766
Apr 200135822224.685.34$10,020
Mar 200151230524.545.38$14,204
Feb 200118216427.755.77$5,996
Jan 200151128027.478.40$16,389
Dec 200032825226.889.12$11,116
Nov 200035140132.215.66$13,575
Oct 200036242331.235.15$13,482
Sep 200036048731.875.19$13,999
Aug 200053252029.644.54$18,130
Jul 200033752928.534.09$11,778
Jun 200061251129.304.40$20,179
May 200035645727.263.68$11,386
Apr 200060458324.513.12$16,621
Mar 200052162728.422.86$16,600
Feb 200035961527.622.73$11,592
Jan 200072368425.272.48$19,967
Dec 199910122724.282.42$3,002
Nov 19990023.192.43$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.

Jun 2003 — as filed, then multipliedworked
Oil                    0 bbl  × $ 28.56 =         $0
Casinghead gas        21 Mcf  × $  5.98 =       $126

────────────────────────────────────────────────────
Month total                                     $126

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/O/28800 is the state's own key, not one this site invented.