CHARLTON

Operated by VERDAD OIL & GAS CORPORATION (P-5 884572) in the BROOKS, SOUTH (CISCO 5600) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 112013District 7CField 12249500NGPA filingCondensateGasSaveExport
Value, all time
$2.1 M
Jan 1993 – Apr 2015
Value, last 12 filed months
$38 k
at the published price for each month
Months reported
268
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 29 leases and 31 wells, and the rule below applies to all of them.

Discovered
1973-07-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres.

The Commission's schedule remark for this field reads: 7C-79,536 3-22-83

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
CondensateDisposition4,153 bbl$170,800
GasProduction587,971 Mcf$1,950,277
Total$2,121,077

194,917 Mcf of this lease's gas, across 48 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 31.2243, -100.7362. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.22432, -100.73618 · 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
6,800 ft
1 wells filed one
Completion to plug
30.8 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 6,800 ft.

Completions filed
Jul 1984
1 of 1 wells
Plug dates filed
Apr 2015
1 of 1 wells

Last completion to plug: a median of 30.8 years across the 1 well that filed both dates, with the middle half between 30.8 years and 30.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2353235316,800 ftJul 1984Apr 2015Yes

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 (268)

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

268 months

Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 201416054.693.59$875
Nov 201401,06670.464.25$4,532
Oct 201401,28678.303.90$5,017
Sep 201401,15186.164.05$4,656
Aug 201401,19089.394.04$4,802
Jul 201451,30496.564.18$5,933
Jun 201401,30298.164.74$6,167
May 201401,24594.734.73$5,885
Apr 201401,29395.944.81$6,218
Mar 2014381,32695.895.06$10,349
Feb 201401,01997.406.19$6,310
Jan 2014401,22990.404.86$9,590
Dec 201301,27491.824.35$5,548
Nov 2013381,99488.853.74$10,830
Oct 201302,45997.423.78$9,293
Sep 201302,506104.113.72$9,317
Aug 2013392,442104.253.52$12,668
Jul 201301,784102.523.72$6,632
Jun 201301,82494.403.93$7,175
May 201302,14494.834.15$8,896
Apr 201302,21693.964.28$9,490
Mar 2013362,28693.623.91$12,315
Feb 201302,06991.233.42$7,076
Jan 2013382,25191.603.42$11,179
Dec 201202,30586.773.42$7,883
Nov 2012372,01086.953.62$10,503
Oct 201202,29189.383.40$7,789
Sep 2012362,25794.672.92$9,995
Aug 201202,35392.662.91$6,843
Jul 201212,29085.133.02$7,003
Jun 201202,14479.822.52$5,401
May 2012362,19691.612.49$8,762
Apr 201202,169101.652.00$4,331
Mar 2012142,193105.052.22$6,344
Feb 2012372,043101.102.57$8,992
Jan 201202,18498.092.73$5,971
Dec 2011382,03496.873.24$10,271
Nov 201102,15395.723.31$7,129
Oct 201102,28684.983.65$8,341
Sep 2011372,25283.623.99$12,070
Aug 201102,36783.404.15$9,821
Jul 201102,36794.144.52$10,692
Jun 2011362,29892.904.64$14,007
May 201102,35698.134.40$10,378
Apr 201102,240105.964.33$9,707
Mar 2011342,36796.364.06$12,880
Feb 201101,68485.644.18$7,039
Jan 201102,16386.504.59$9,926
Dec 2010382,20585.734.35$12,845
Nov 201002,20080.843.80$8,350
Oct 2010382,30378.103.51$11,049
Sep 201002,25272.633.98$8,962
Aug 201002,32373.684.42$10,266
Jul 2010372,32772.554.74$13,706
Jun 201002,15470.364.91$10,577
May 201002,32171.124.24$9,830
Apr 2010362,24781.694.12$12,205
Mar 201002,28078.394.39$10,006
Feb 201011,89473.585.44$10,381
Jan 201001,86674.365.96$11,129
Dec 2009372,19571.445.48$14,680
Nov 200902,29674.593.75$8,613
Oct 2009382,40272.544.11$12,629
Sep 200902,36165.543.06$7,236
Aug 200902,48367.423.22$7,992
Jul 20091762,44961.133.46$19,243
Jun 200902,20566.163.90$8,588
May 200902,34354.743.93$9,198
Apr 2009342,28246.773.59$9,777
Mar 200902,32342.144.06$9,429
Feb 2009382,10232.814.63$10,985
Jan 200902,27635.865.37$12,224
Dec 2008372,41937.105.98$15,831
Nov 200802,37355.496.86$16,280
Oct 2008332,46875.246.92$19,566
Sep 200802,467101.767.88$19,433
Aug 200802,517114.228.48$21,352
Jul 2008332,524131.0811.39$33,073
Jun 200802,484131.3313.03$32,373
May 200802,561123.1711.57$29,642
Apr 2008342,504110.3110.45$29,930
Mar 200802,546101.909.66$24,605
Feb 2008352,38692.538.77$24,165
Jan 200802,53390.388.21$20,785
Dec 2007362,55288.337.30$21,815
Nov 200702,47691.677.29$18,054
Oct 2007322,58082.856.92$20,510
Sep 200702,53675.846.24$15,835
Aug 200702,60169.066.39$16,615
Jul 2007232,60970.906.39$18,297
Jun 200702,50062.007.55$18,871
May 200702,56558.747.85$20,126
Apr 2007222,46759.617.81$20,567
Mar 200702,51656.927.30$18,372
Feb 2007222,25255.108.22$19,715
Jan 200702,47650.306.73$16,656
Dec 2006242,60456.656.92$19,375
Nov 200602,61054.207.62$19,882
Oct 200602,02154.906.01$12,154
Sep 2006252,37760.085.04$13,475
Aug 200602,77868.717.34$20,390
Jul 200602,79869.376.34$17,747
Jun 2006202,74666.286.38$18,856
May 200602,70166.016.42$17,354
Apr 200602,48464.397.36$18,283
Mar 2006202,55456.707.08$19,224
Feb 200602,40157.597.75$18,610
Jan 2006302,64460.598.93$25,437
Dec 200502,32454.9413.42$31,177
Nov 200501,86254.6910.59$19,716
Oct 2005281,32858.3413.80$19,954
Sep 200501,29961.4512.08$15,691
Aug 200501,30361.519.80$12,765
Jul 200501,32455.697.84$10,385
Jun 200501,35452.337.38$9,994
May 200501,50445.226.65$10,003
Apr 200501,31249.207.36$9,657
Mar 200501,28750.377.15$9,208
Feb 200501,14545.226.31$7,227
Jan 200501,26043.166.32$7,966
Dec 200401,22939.866.75$8,297
Nov 200401,23345.286.33$7,805
Oct 200401,27449.706.52$8,300
Sep 200401,23343.245.28$6,515
Aug 200401,26442.375.55$7,016
Jul 200401,24438.286.08$7,569
Jun 200401,22336.106.43$7,868
May 2004641,27337.486.49$10,666
Apr 200401,26934.475.86$7,434
Mar 200401,32634.365.53$7,333
Feb 200401,21332.455.51$6,683
Jan 200401,30432.036.30$8,215
Dec 2003541,30430.266.30$9,851
Nov 200301,29328.804.60$5,942
Oct 200301,34728.174.76$6,411
Sep 2003581,27826.314.75$7,596
Aug 200301,34229.765.13$6,884
Jul 200301,24429.415.17$6,433
Jun 200301,17728.565.98$7,042
May 200301,36426.595.97$8,147
Apr 2003611,32626.675.41$8,797
Mar 200301,39531.146.10$8,504
Feb 2003571,23133.487.93$11,665
Jan 200311,35530.315.58$7,594
Dec 2002541,35726.914.85$8,040
Nov 200211,25924.664.14$5,233
Oct 2002481,32626.464.23$6,878
Sep 200201,27227.443.64$4,624
Aug 2002391,30525.963.16$5,142
Jul 200201,34224.583.06$4,109
Jun 2002301,25123.733.34$4,888
May 200201,32524.663.58$4,749
Apr 2002281,30323.653.51$5,239
Mar 2002171,30122.003.10$4,411
Feb 200201,19018.222.38$2,827
Jan 2002181,30017.172.38$3,397
Dec 2001301,33616.932.36$3,667
Nov 2001291,37518.072.41$3,832
Oct 200101,40019.782.53$3,540
Sep 2001221,30924.262.25$3,481
Aug 200101,36824.873.05$4,177
Jul 2001221,38223.933.20$4,945
Jun 2001261,33824.563.82$5,755
May 200101,38425.524.31$5,961
Apr 2001181,35124.685.34$7,652
Mar 2001171,38824.545.38$7,880
Feb 2001161,24527.755.77$7,624
Jan 2001171,38627.478.40$12,108
Dec 2000171,40226.889.12$13,247
Nov 2000231,39232.215.66$8,617
Oct 2000201,47731.235.15$8,225
Sep 2000241,45731.875.19$8,322
Aug 200001,49329.644.54$6,779
Jul 2000291,51428.534.09$7,019
Jun 2000321,47829.304.40$7,437
May 200001,52427.263.68$5,608
Apr 2000231,50624.513.12$5,256
Mar 2000181,55928.422.86$4,970
Feb 2000231,43227.622.73$4,540
Jan 2000251,53225.272.48$4,432
Dec 1999311,55624.282.42$4,524
Nov 1999321,55523.192.43$4,527
Oct 1999291,65620.982.80$5,251
Sep 199901,61221.752.62$4,222
Aug 1999151,68519.262.88$5,134
Jul 199901,61317.892.37$3,827
Jun 199901,49015.942.36$3,520
May 1999191,55415.792.32$3,907
Apr 199901,56915.102.21$3,464
Mar 1999101,44812.471.84$2,787
Feb 199961,2919.981.82$2,407
Jan 199901,42010.381.90$2,698
Dec 199891,4449.201.77$2,643
Nov 1998141,42410.892.19$3,265
Oct 1998121,45012.421.97$3,004
Sep 199801,44512.592.08$3,009
Aug 1998101,48111.301.91$2,938
Jul 1998151,56911.742.24$3,686
Jun 1998162,17411.242.24$5,044
May 1998131,65212.622.21$3,809
Apr 1998131,54813.042.51$4,048
Mar 199891,53612.802.31$3,663
Feb 1998101,17713.952.30$2,846
Jan 1998301,59014.702.15$3,867
Dec 1997321,39516.322.41$3,886
Nov 1997161,67818.193.09$5,473
Oct 199771,77519.253.15$5,726
Sep 1997111,64317.742.95$5,050
Aug 1997141,78617.862.55$4,813
Jul 1997301,81917.582.25$4,615
Jun 199701,78017.242.26$4,018
May 1997181,98718.972.31$4,928
Apr 1997132,03817.882.08$4,477
Mar 1997102,19818.951.94$4,452
Feb 199701,85220.492.21$4,085
Jan 1997142,18123.483.54$8,049
Dec 1996102,58723.32$233
Nov 1996262,04921.97$571
Oct 1996132,70723.31$303
Sep 1996232,89622.22$511
Aug 199662,81220.26$122
Jul 1996232,77719.55$450
Jun 1996102,25018.73$187
May 1996112,97119.43$214
Apr 1996142,76721.51$301
Mar 1996172,97519.38$329
Feb 1996173,08916.98$289
Jan 1996153,11017.07$256
Dec 1995112,95717.19$189
Nov 1995223,20716.00$352
Oct 1995233,72215.43$355
Sep 1995353,80416.18$566
Aug 1995253,60515.92$398
Jul 199593,97915.24$137
Jun 1995293,81116.41$476
May 1995124,23017.56$211
Apr 1995163,98317.73$284
Mar 1995124,46216.44$197
Feb 1995233,49616.58$381
Jan 1995153,75615.92$239
Dec 1994344,03915.03$511
Nov 1994273,44415.90$429
Oct 1994264,22515.58$405
Sep 1994284,82615.29$428
Aug 1994213,94916.13$339
Jul 1994204,40117.56$351
Jun 1994474,67817.09$803
May 1994484,68815.88$762
Apr 1994234,54314.14$325
Mar 1994425,11012.46$523
Feb 1994354,52912.50$438
Jan 1994415,02712.66$519
Dec 1993445,02512.33$543
Nov 1993545,06914.49$782
Oct 1993505,30015.85$793
Sep 1993243,97915.03$361
Aug 1993215,15815.66$329
Jul 1993335,44615.46$510
Jun 1993285,50716.79$470
May 1993225,69317.68$389
Apr 1993465,75418.05$830
Mar 1993485,68618.14$871
Feb 1993345,05417.90$609
Jan 1993385,78516.93$643

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.

Dec 2014 — as filed, then multipliedworked
Condensate            16 bbl  × $ 54.69 =       $875
Gas                    0 Mcf  × $  3.59 =         $0

────────────────────────────────────────────────────
Month total                                     $875

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. 7C/G/112013 is the state's own key, not one this site invented.