MARQUERITE CHISM

Operated by MIDVILLE ENERGY, LLC. (P-5 566317) in the SHACKELFORD COUNTY REGULAR field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 31724District 7BField 82522001OilSaveExport
Value, all time
$2.0 M
Dec 2014 – Nov 2018
Value, last 12 filed months
$480 k
at the published price for each month
Months reported
48
no gaps in the span
Streams
1
oil

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 1,335 leases and 6,064 wells, and the rule below applies to all of them.

Discovered
1913-12-31
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: CLASS 4 W/DAILY 82 = 6000 TO 8000'

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
OilDisposition41,675 bbl$1,980,413
Total$1,980,413

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 32.7333, -99.1616. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.73333, -99.16159 · 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
4,590 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 4,590 ft.

Completions filed
Dec 2014
1 of 1 wells

1 well

42-4173948714,590 ftDec 2014Yes

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 (48)

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

48 months

Nov 2018052.934.24$0
Oct 2018061.443.40$0
Sep 2018059.543.11$0
Aug 2018059.403.07$0
Jul 2018065.142.93$0
Jun 20181,15560.183.08$69,508
May 201884965.382.90$55,508
Apr 20181,25863.842.90$80,311
Mar 20181,26661.222.79$77,505
Feb 201890361.782.77$55,787
Jan 20181,26962.874.01$79,782
Dec 20171,08257.272.92$61,966
Nov 20171,22255.423.12$67,723
Oct 201787549.292.98$43,129
Sep 20171,21547.523.09$57,737
Aug 20171,23445.373.00$55,987
Jul 20171,03943.873.09$45,581
Jun 20171,02642.493.09$43,595
May 20171,20445.373.26$54,625
Apr 20171,01947.933.21$48,841
Mar 20171,04446.772.98$48,828
Feb 20171,20650.452.95$60,843
Jan 20171,02449.413.42$50,596
Dec 20161,05048.763.72$51,198
Nov 20161,09242.492.64$46,399
Oct 20161,07146.193.09$49,469
Sep 201674241.553.10$30,830
Aug 201692341.442.92$38,249
Jul 201690341.622.92$37,583
Jun 20161,10345.352.69$50,021
May 201672742.521.99$30,912
Apr 201691936.561.99$33,599
Mar 201674433.011.79$24,559
Feb 201692226.472.06$24,405
Jan 201695327.352.36$26,065
Dec 201593032.362.00$30,095
Nov 201574538.792.17$28,899
Oct 201594443.552.43$41,111
Sep 201592142.992.76$39,594
Aug 201589540.162.87$35,943
Jul 201574248.152.95$35,727
Jun 201591256.152.88$51,209
May 201574755.212.96$41,242
Apr 201588849.822.71$44,240
Mar 201591442.892.93$39,201
Feb 201573544.662.98$32,825
Jan 201587843.433.10$38,132
Dec 201438554.693.59$21,056

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 2018 — as filed, then multipliedworked
Oil                1,155 bbl  × $ 60.18 =    $69,508

────────────────────────────────────────────────────
Month total                                  $69,508

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/31724 is the state's own key, not one this site invented.