CHARLTON "A"

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 164190District 7CField 122495002 tax incentive programmesCondensateGasSaveExport
Value, all time
$908 k
Aug 1997 – Aug 2015
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
217
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
High Cost Gas111998-01-20137710
NGPA2none

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
CondensateDisposition2,095 bbl$62,009
GasProduction175,461 Mcf$845,758
Total$907,766

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 31.2140, -100.7194. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.21395, -100.71937 · 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
6,388 ft
1 wells filed one
Completion to plug
17.8 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 6,388 ft.

Completions filed
Aug 1997
1 of 1 wells
Plug dates filed
May 2015
1 of 1 wells

Last completion to plug: a median of 17.8 years across the 1 well that filed both dates, with the middle half between 17.8 years and 17.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2353367336,388 ftAug 1997May 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 (217)

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

217 months

Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 201539056.152.88$2,190
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 20121160105.052.22$12,186
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110384.983.65$11
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 2011043194.144.52$1,947
Jun 2011052492.904.64$2,431
May 2011055198.134.40$2,427
Apr 20110547105.964.33$2,370
Mar 2011058796.364.06$2,382
Feb 2011050485.644.18$2,107
Jan 2011053886.504.59$2,469
Dec 2010055485.734.35$2,409
Nov 2010055680.843.80$2,110
Oct 2010057378.103.51$2,011
Sep 2010055572.633.98$2,209
Aug 2010055673.684.42$2,457
Jul 2010058972.554.74$2,790
Jun 2010059070.364.91$2,897
May 2010060571.124.24$2,562
Apr 2010058181.694.12$2,395
Mar 2010059778.394.39$2,620
Feb 2010052973.585.44$2,879
Jan 2010058274.365.96$3,471
Dec 2009059771.445.48$3,274
Nov 2009059774.593.75$2,240
Oct 2009062472.544.11$2,565
Sep 2009062165.543.06$1,903
Aug 2009067367.423.22$2,166
Jul 2009066561.133.46$2,304
Jun 2009065066.163.90$2,532
May 2009068954.743.93$2,705
Apr 2009068146.773.59$2,443
Mar 2009070842.144.06$2,874
Feb 2009063132.814.63$2,923
Jan 2009069835.865.37$3,749
Dec 200817271137.105.98$10,631
Nov 2008070955.496.86$4,864
Oct 2008074575.246.92$5,157
Sep 20080726101.767.88$5,719
Aug 20080718114.228.48$6,091
Jul 20080730131.0811.39$8,314
Jun 20080726131.3313.03$9,462
May 20080742123.1711.57$8,588
Apr 20080711110.3110.45$7,433
Mar 20080736101.909.66$7,113
Feb 2008069492.538.77$6,087
Jan 2008075590.388.21$6,195
Dec 2007076788.337.30$5,601
Nov 2007065991.677.29$4,805
Oct 2007060982.856.92$4,215
Sep 2007060775.846.24$3,790
Aug 2007068569.066.39$4,376
Jul 2007072270.906.39$4,612
Jun 2007072562.007.55$5,473
May 2007075758.747.85$5,940
Apr 2007074959.617.81$5,846
Mar 2007078956.927.30$5,761
Feb 2007073155.108.22$6,006
Jan 2007076150.306.73$5,119
Dec 2006078556.656.92$5,431
Nov 2006078954.207.62$6,010
Oct 2006082854.906.01$4,979
Sep 2006081360.085.04$4,095
Aug 2006083968.717.34$6,158
Jul 2006085569.376.34$5,423
Jun 2006088966.286.38$5,675
May 2006091766.016.42$5,892
Apr 2006088164.397.36$6,485
Mar 2006089756.707.08$6,353
Feb 2006082757.597.75$6,410
Jan 2006086360.598.93$7,709
Dec 2005088054.9413.42$11,806
Nov 2005091054.6910.59$9,635
Oct 20051801,05358.3413.80$25,028
Sep 200501,01261.4512.08$12,224
Aug 2005082161.519.80$8,043
Jul 2005095655.697.84$7,499
Jun 2005095052.337.38$7,012
May 2005099345.226.65$6,605
Apr 2005094949.207.36$6,985
Mar 2005095250.377.15$6,811
Feb 2005085545.226.31$5,397
Jan 2005095843.166.32$6,057
Dec 2004099839.866.75$6,738
Nov 200401,01045.286.33$6,394
Oct 2004096249.706.52$6,268
Sep 2004086543.245.28$4,571
Aug 200401,05842.375.55$5,873
Jul 200421,06538.286.08$6,556
Jun 200401,00936.106.43$6,491
May 200401,05837.486.49$6,871
Apr 200401,01834.475.86$5,964
Mar 200401,09334.365.53$6,044
Feb 200401,09032.455.51$6,005
Jan 200401,27332.036.30$8,019
Dec 200301,39830.266.30$8,810
Nov 200301,23628.804.60$5,680
Oct 200301,06428.174.76$5,064
Sep 200301,04226.314.75$4,949
Aug 200301,02829.765.13$5,273
Jul 2003088129.415.17$4,556
Jun 200317696928.565.98$10,824
May 200301,14426.595.97$6,833
Apr 200301,11526.675.41$6,029
Mar 200301,16131.146.10$7,078
Feb 200301,07833.487.93$8,544
Jan 200301,20630.315.58$6,732
Dec 200201,19426.914.85$5,795
Nov 200201,19624.664.14$4,948
Oct 200201,34026.464.23$5,667
Sep 200201,25027.443.64$4,544
Aug 200201,24925.963.16$3,952
Jul 200201,29124.583.06$3,953
Jun 200201,14323.733.34$3,816
May 200201,37324.663.58$4,921
Apr 200201,36923.653.51$4,808
Mar 200201,47622.003.10$4,580
Feb 2002051418.222.38$1,221
Jan 20021841,23317.172.38$6,088
Dec 200101,27316.932.36$3,010
Nov 200101,20418.072.41$2,896
Oct 200101,31519.782.53$3,325
Sep 200101,29024.262.25$2,904
Aug 200101,33824.873.05$4,085
Jul 200101,36023.933.20$4,348
Jun 200101,38324.563.82$5,289
May 200101,13925.524.31$4,906
Apr 200101,36024.685.34$7,256
Mar 200101,38924.545.38$7,468
Feb 200101,27027.755.77$7,324
Jan 200101,33427.478.40$11,204
Dec 20001841,40926.889.12$17,800
Nov 200001,33032.215.66$7,525
Oct 200001,46231.235.15$7,523
Sep 200001,45231.875.19$7,531
Aug 200001,54029.644.54$6,993
Jul 200001,54828.534.09$6,331
Jun 200001,56429.304.40$6,877
May 200001,49827.263.68$5,512
Apr 200001,65124.513.12$5,145
Mar 200001,64728.422.86$4,710
Feb 200001,53527.622.73$4,185
Jan 200015787025.272.48$6,125
Dec 199901,46224.282.42$3,543
Nov 199901,69123.192.43$4,116
Oct 199901,51420.982.80$4,245
Sep 199901,39921.752.62$3,664
Aug 19991821,19319.262.88$6,936
Jul 199901,27117.892.37$3,015
Jun 199901,25115.942.36$2,955
May 199901,09615.792.32$2,544
Apr 199901,09715.102.21$2,422
Mar 199901,20912.471.84$2,223
Feb 199901,0219.981.82$1,856
Jan 199917680610.381.90$3,358
Dec 199801,5189.201.77$2,692
Nov 1998067310.892.19$1,471
Oct 1998099512.421.97$1,959
Sep 199801,21712.592.08$2,535
Aug 199801,17811.301.91$2,247
Jul 199801,36011.742.24$3,043
Jun 19981721,36311.242.24$4,983
May 1998096512.622.21$2,129
Apr 199801,34713.042.51$3,375
Mar 199801,59712.802.31$3,688
Feb 199801,62413.952.30$3,734
Jan 199801,98314.702.15$4,273
Dec 19971792,74816.322.41$9,547
Nov 199702,78018.193.09$8,585
Oct 19971762,58819.253.15$11,540
Sep 199704,14517.742.95$12,248
Aug 199701,63817.862.55$4,185

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 2015 — as filed, then multipliedworked
Condensate            39 bbl  × $ 56.15 =     $2,190
Gas                    0 Mcf  × $  2.88 =         $0

────────────────────────────────────────────────────
Month total                                   $2,190

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/164190 is the state's own key, not one this site invented.