MCASHAN "64"

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

Gas lease lease 118903District 7CField 67769500NGPA filingCondensateGasSaveExport
Value, all time
$335 k
Jan 1993 – Oct 2008
Value, last 12 filed months
$0
at the published price for each month
Months reported
190
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 4 leases and 4 wells, and the rule below applies to all of them.

Discovered
1978-09-18
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1986-07-01.

The Commission's schedule remark for this field reads: 16 TOL. ACRES; MAX. DIAG. 4500

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
CondensateDisposition5 bbl$172
GasProduction158,299 Mcf$335,173
Total$335,345

65,384 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 31.0606, -100.3241. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.06060, -100.32406 · 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
5,321 ft
1 wells filed one
Completion to plug
23.0 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 5,321 ft.

Completions filed
Oct 1985
1 of 1 wells
Plug dates filed
Oct 2008
1 of 1 wells

Last completion to plug: a median of 23.0 years across the 1 well that filed both dates, with the middle half between 23.0 years and 23.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4133157025,321 ftOct 1985Oct 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 (190)

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

190 months

Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
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 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 2004021743.245.28$1,147
Aug 2004087542.375.55$4,857
Jul 2004080838.286.08$4,916
Jun 2004080536.106.43$5,179
May 2004084437.486.49$5,481
Apr 2004080234.475.86$4,698
Mar 2004585334.365.53$4,889
Feb 2004079532.455.51$4,380
Jan 2004086432.036.30$5,443
Dec 2003090030.266.30$5,671
Nov 2003083528.804.60$3,837
Oct 2003081928.174.76$3,898
Sep 2003075626.314.75$3,591
Aug 2003090229.765.13$4,627
Jul 2003090429.415.17$4,674
Jun 2003088428.565.98$5,289
May 2003093626.595.97$5,590
Apr 2003090926.675.41$4,915
Mar 2003094231.146.10$5,742
Feb 2003086633.487.93$6,864
Jan 2003089230.315.58$4,979
Dec 2002092126.914.85$4,470
Nov 2002090024.664.14$3,723
Oct 2002096426.464.23$4,077
Sep 2002096827.443.64$3,519
Aug 200201,01225.963.16$3,202
Jul 2002099324.583.06$3,040
Jun 2002094123.733.34$3,141
May 2002092524.663.58$3,315
Apr 2002088723.653.51$3,115
Mar 2002090122.003.10$2,796
Feb 2002083918.222.38$1,993
Jan 2002094017.172.38$2,233
Dec 2001091416.932.36$2,161
Nov 2001088218.072.41$2,122
Oct 2001094119.782.53$2,380
Sep 2001089524.262.25$2,015
Aug 2001088224.873.05$2,693
Jul 2001097723.933.20$3,124
Jun 2001096324.563.82$3,683
May 2001094925.524.31$4,088
Apr 2001089224.685.34$4,759
Mar 2001095824.545.38$5,151
Feb 2001087327.755.77$5,035
Jan 2001092427.478.40$7,760
Dec 2000099926.889.12$9,113
Nov 2000099232.215.66$5,613
Oct 2000085731.235.15$4,410
Sep 200001,04631.875.19$5,425
Aug 200001,09729.644.54$4,981
Jul 200001,12128.534.09$4,585
Jun 200001,06229.304.40$4,670
May 200001,09927.263.68$4,044
Apr 200001,05124.513.12$3,275
Mar 200001,12528.422.86$3,217
Feb 200001,04327.622.73$2,844
Jan 200001,11325.272.48$2,761
Dec 199901,12224.282.42$2,719
Nov 199901,11923.192.43$2,724
Oct 199901,17820.982.80$3,303
Sep 199901,17521.752.62$3,077
Aug 199901,19519.262.88$3,436
Jul 199901,20317.892.37$2,854
Jun 199901,16415.942.36$2,749
May 199901,20915.792.32$2,806
Apr 199901,11515.102.21$2,462
Mar 199901,17212.471.84$2,155
Feb 199901,0389.981.82$1,887
Jan 199901,02510.381.90$1,947
Dec 199801,1719.201.77$2,077
Nov 199801,13710.892.19$2,485
Oct 199801,12912.421.97$2,223
Sep 199801,11312.592.08$2,318
Aug 199801,14111.301.91$2,176
Jul 199801,20911.742.24$2,705
Jun 199801,15611.242.24$2,586
May 199801,13412.622.21$2,502
Apr 199801,06113.042.51$2,658
Mar 199801,10412.802.31$2,550
Feb 199801,01713.952.30$2,338
Jan 199801,13214.702.15$2,439
Dec 199701,09716.322.41$2,645
Nov 199701,15118.193.09$3,555
Oct 199701,21319.253.15$3,821
Sep 199701,19417.742.95$3,528
Aug 199701,21817.862.55$3,112
Jul 199701,19817.582.25$2,692
Jun 1997095817.242.26$2,162
May 199701,02718.972.31$2,371
Apr 1997097117.882.08$2,022
Mar 199701,05218.951.94$2,040
Feb 199701,00820.492.21$2,224
Jan 199701,35523.483.54$4,796
Dec 199601,15223.32$0
Nov 199601,19921.97$0
Oct 199601,25123.31$0
Sep 199601,22822.22$0
Aug 199601,20720.26$0
Jul 199601,04819.55$0
Jun 199601,22718.73$0
May 199601,17919.43$0
Apr 199601,07921.51$0
Mar 1996099319.38$0
Feb 1996093216.98$0
Jan 1996099817.07$0
Dec 199501,02917.19$0
Nov 1995099816.00$0
Oct 199501,06115.43$0
Sep 1995099816.18$0
Aug 199501,08615.92$0
Jul 199501,13915.24$0
Jun 199501,07916.41$0
May 199501,07817.56$0
Apr 1995098717.73$0
Mar 199501,10716.44$0
Feb 199501,09216.58$0
Jan 199501,24615.92$0
Dec 199401,54915.03$0
Nov 199401,49015.90$0
Oct 199401,42615.58$0
Sep 199401,52915.29$0
Aug 199401,34916.13$0
Jul 199401,68217.56$0
Jun 199401,62417.09$0
May 199401,70215.88$0
Apr 199401,61514.14$0
Mar 199401,62112.46$0
Feb 199401,44312.50$0
Jan 199401,62812.66$0
Dec 199301,67512.33$0
Nov 199301,65614.49$0
Oct 199301,85615.85$0
Sep 199301,67815.03$0
Aug 199301,86015.66$0
Jul 199301,94415.46$0
Jun 199301,98416.79$0
May 199301,64917.68$0
Apr 199301,47518.05$0
Mar 199301,40118.14$0
Feb 199301,48917.90$0
Jan 199301,66616.93$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.

Sep 2004 — as filed, then multipliedworked
Condensate             0 bbl  × $ 43.24 =         $0
Gas                  217 Mcf  × $  5.28 =     $1,147

────────────────────────────────────────────────────
Month total                                   $1,147

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/118903 is the state's own key, not one this site invented.