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 116410District 7CField 12249500NGPA filingCondensateGasSaveExport
Value, all time
$15 k
Jan 1993 – Oct 2002
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
118
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
CondensateDisposition197 bbl$2,853
GasProduction90,476 Mcf$12,249
Total$15,102

86,535 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 31.2289, -100.7358. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.22888, -100.73583 · 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
6,300 ft
1 wells filed one
Completion to plug
17.6 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 6,300 ft.

Completions filed
Apr 1985
1 of 1 wells
Plug dates filed
Nov 2002
1 of 1 wells

Last completion to plug: a median of 17.6 years across the 1 well that filed both dates, with the middle half between 17.6 years and 17.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2353251236,300 ftApr 1985Nov 2002Yes

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 (118)

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

118 months

Oct 20020026.464.23$0
Sep 2002013627.443.64$494
Aug 2002014525.963.16$459
Jul 2002015024.583.06$459
Jun 2002013723.733.34$457
May 2002015124.663.58$541
Apr 2002014423.653.51$506
Mar 2002013922.003.10$431
Feb 2002013018.222.38$309
Jan 2002014917.172.38$354
Dec 2001015516.932.36$366
Nov 2001016018.072.41$385
Oct 2001017019.782.53$430
Sep 2001016724.262.25$376
Aug 2001017424.873.05$531
Jul 2001018023.933.20$575
Jun 2001117824.563.82$705
May 2001017325.524.31$745
Apr 2001121824.685.34$1,188
Mar 200124224.545.38$275
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19980013.952.30$0
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 19970017.582.25$0
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 199706417.882.08$133
Mar 1997024018.951.94$465
Feb 1997034120.492.21$752
Jan 1997039823.483.54$1,409
Dec 1996023923.32$0
Nov 1996018421.97$0
Oct 1996021923.31$0
Sep 1996024122.22$0
Aug 1996023420.26$0
Jul 1996024219.55$0
Jun 1996038218.73$0
May 1996020319.43$0
Apr 1996123321.51$22
Mar 1996122519.38$19
Feb 199611,11616.98$17
Jan 199611,31917.07$17
Dec 199501,76217.19$0
Nov 199501,78516.00$0
Oct 199501,76215.43$0
Sep 199502,31116.18$0
Aug 199501,70915.92$0
Jul 199501,81315.24$0
Jun 199502,07316.41$0
May 199502,17317.56$0
Apr 199511,71717.73$18
Mar 199512,21716.44$16
Feb 199512,17216.58$17
Jan 199512,15215.92$16
Dec 199402,17415.03$0
Nov 199412,26215.90$16
Oct 199402,17215.58$0
Sep 199402,10715.29$0
Aug 199412,62316.13$16
Jul 199412,02817.56$18
Jun 199422,67017.09$34
May 199432,28615.88$48
Apr 199432,27714.14$42
Mar 1994102,63412.46$125
Feb 1994172,71812.50$213
Jan 1994493,17512.66$620
Dec 1993202,52012.33$247
Nov 1993192,07414.49$275
Oct 1993212,46715.85$333
Sep 199382,81515.03$120
Aug 199332,21315.66$47
Jul 199372,44915.46$108
Jun 199322,23016.79$34
May 199322,43617.68$35
Apr 199342,46218.05$72
Mar 199332,40018.14$54
Feb 199342,34017.90$72
Jan 199352,52016.93$85

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.

Sep 2002 — as filed, then multipliedworked
Condensate             0 bbl  × $ 27.44 =         $0
Gas                  136 Mcf  × $  3.64 =       $494

────────────────────────────────────────────────────
Month total                                     $494

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/116410 is the state's own key, not one this site invented.