UPTON 'L' FEE

Operated by CHEVRON U. S. A. INC. (P-5 148113) in the DAVIS (DEVONIAN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 240774District 7CField 233801002 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.7 M
Apr 2008 – Sep 2020
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
150
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 36 leases and 37 wells, and the rule below applies to all of them.

Discovered
1960-06-30
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 2005-07-01.

The Commission's schedule remark for this field reads: MINIMUM OF FOUR HUNDRED AND SIXTY-SEVEN (467) FEET.

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 Gas112012-04-23204197
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
CondensateDisposition42,450 bbl$3,559,450
GasProduction649,467 Mcf$4,158,528
Total$7,717,977

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 31.5782, -102.1500. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.57822, -102.15005 · 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
12,178 ft
1 wells filed one
Completion to plug
11.9 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 12,178 ft.

Completions filed
Apr 2008
1 of 1 wells
Plug dates filed
Mar 2020
1 of 1 wells

Last completion to plug: a median of 11.9 years across the 1 well that filed both dates, with the middle half between 11.9 years and 11.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-461354385H12,178 ftApr 2008Mar 2020Yes

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 (150)

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

150 months

Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 2020152014.751.80$2,242
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180561.443.40$17
Sep 20180059.543.11$0
Aug 201801,25759.403.07$3,855
Jul 201801,51165.142.93$4,430
Jun 20181752,71960.183.08$18,898
May 201802,96565.382.90$8,601
Apr 20181783,50463.842.90$21,528
Mar 20181763,54661.222.79$20,657
Feb 201803,28961.782.77$9,098
Jan 20183543,89262.874.01$37,860
Dec 201703,37257.272.92$9,851
Nov 20173513,96955.423.12$31,829
Oct 20171754,80849.292.98$22,971
Sep 20171755,48347.523.09$25,244
Aug 20173586,24745.373.00$35,011
Jul 20171763,61343.873.09$18,875
Jun 201704,35142.493.09$13,433
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20171782,12950.452.95$15,266
Jan 20171804,54149.413.42$24,419
Dec 20161765,03448.763.72$27,322
Nov 20161764,72642.492.64$19,975
Oct 20163506,17246.193.09$35,240
Sep 20161765,97241.553.10$25,830
Aug 20163574,25341.442.92$27,231
Jul 20163541,88141.622.92$20,234
Jun 2016346645.352.69$15,707
May 2016052242.521.99$1,039
Apr 201617565736.561.99$7,706
Mar 20161891,38633.011.79$8,725
Feb 201601,22626.472.06$2,530
Jan 201619297527.352.36$7,556
Dec 20151812,05032.362.00$9,960
Nov 20151712,49438.792.17$12,038
Oct 20151912,64343.552.43$14,732
Sep 20151861,93742.992.76$13,339
Aug 20152032,83640.162.87$16,299
Jul 20151852,54348.152.95$16,397
Jun 20151912,53456.152.88$18,030
May 201501,33455.212.96$3,943
Apr 20151892,30049.822.71$15,641
Mar 20151791,62142.892.93$12,434
Feb 201501,55844.662.98$4,637
Jan 20150643.433.10$19
Dec 201419390354.693.59$13,798
Nov 20141902,51870.464.25$24,094
Oct 20141942,56978.303.90$25,212
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 2014027396.564.18$1,141
Jun 20143682,56798.164.74$48,282
May 20141903,11194.734.73$32,703
Apr 201403,06595.944.81$14,740
Mar 20143873,28395.895.06$53,711
Feb 20141903,13897.406.19$37,937
Jan 20143842,38190.404.86$46,287
Dec 201301,65191.824.35$7,189
Nov 2013065688.853.74$2,452
Oct 201318527897.423.78$19,073
Sep 201301,459104.113.72$5,424
Aug 20130582104.253.52$2,050
Jul 201301,598102.523.72$5,941
Jun 2013058294.403.93$2,289
May 20131922,85194.834.15$30,036
Apr 20131925,87993.964.28$43,218
Mar 20133955,76493.623.91$59,534
Feb 20131945,60791.233.42$36,874
Jan 20133855,25891.603.42$53,248
Dec 20123824,88486.773.42$49,850
Nov 20125744,97086.953.62$67,925
Oct 201201,82589.383.40$6,204
Sep 2012049394.672.92$1,439
Aug 20121891,11392.662.91$20,750
Jul 201202,53985.133.02$7,670
Jun 20127283,77279.822.52$67,611
May 201204,00291.612.49$9,958
Apr 20123727,129101.652.00$52,049
Mar 2012015105.052.22$33
Feb 201200101.102.57$0
Jan 20123652,14098.092.73$41,654
Dec 20111836,08596.873.24$37,441
Nov 20111891,14895.723.31$21,892
Oct 20111833,86384.983.65$29,646
Sep 20111864,70583.623.99$34,307
Aug 20115524,43983.404.15$64,456
Jul 20111835,27394.144.52$41,047
Jun 20113844,68292.904.64$57,398
May 20111835,13498.134.40$40,572
Apr 20113685,608105.964.33$63,294
Mar 20115635,32896.364.06$75,868
Feb 20111842,07385.644.18$24,423
Jan 2011040386.504.59$1,849
Dec 20101851,23485.734.35$21,225
Nov 20103704,38480.843.80$46,550
Oct 20101834,65278.103.51$30,616
Sep 20103504,96872.633.98$45,191
Aug 20101825,31873.684.42$36,912
Jul 20105286,09872.554.74$67,190
Jun 20103607,09970.364.91$60,189
May 20103675,99971.124.24$51,508
Apr 20105438,84281.694.12$80,810
Mar 20103676,96678.394.39$59,341
Feb 20103704,52373.585.44$51,840
Jan 20103725,51874.365.96$60,572
Dec 20095486,36271.445.48$74,037
Nov 20093406,13574.593.75$48,376
Oct 20095487,25272.544.11$69,559
Sep 20095418,68465.543.06$62,071
Aug 20097169,80067.423.22$79,814
Jul 20095484,21861.133.46$48,113
Jun 200971910,08566.163.90$86,850
May 200988010,30654.743.93$88,630
Apr 20097326,79446.773.59$58,609
Mar 200918524242.144.06$8,778
Feb 20091901,05332.814.63$11,112
Jan 20098157,53635.865.37$69,702
Dec 20087749,38537.105.98$84,811
Nov 20083828,28655.496.86$78,042
Oct 20081,13714,07775.246.92$182,989
Sep 20081,33114,700101.767.88$251,236
Aug 20081,11118,795114.228.48$286,337
Jul 20081,48623,283131.0811.39$459,965
Jun 20082,19259,394131.3313.03$1,061,935
May 20083,28873,524123.1711.57$1,255,971
Apr 20083,60828,492110.3110.45$695,878

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.

Apr 2020 — as filed, then multipliedworked
Condensate           152 bbl  × $ 14.75 =     $2,242
Gas                    0 Mcf  × $  1.80 =         $0

────────────────────────────────────────────────────
Month total                                   $2,242

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/240774 is the state's own key, not one this site invented.