SPENCE ESTATE

Operated by CHAPARRAL ENERGY, L.L.C. (P-5 144535) in the JAN-JERRYE, SE. (CANYON REEF) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 74786District 7CField 45638300NGPA filingCondensateGasSaveExport
Value, all time
$288 k
Jan 1993 – Aug 2008
Value, last 12 filed months
$228 k
at the published price for each month
Months reported
188
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 6 leases and 6 wells, and the rule below applies to all of them.

Discovered
1978-01-10
as the register files it
Field class
Gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 1986-01-06.

The Commission's schedule remark for this field reads: PER OPERATOR REQUEST

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
CondensateDisposition221 bbl$15,008
GasProduction51,700 Mcf$273,265
Total$288,273

10,609 Mcf of this lease's gas, across 35 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 30.9036, -100.4297. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.90363, -100.42974 · 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
0.0%
0 of 1 wells
Median depth
6,496 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
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 6,496 ft.

Completions filed
Aug 2008
1 of 1 wells

1 well

42-4133062526,496 ftAug 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 (188)

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

188 months

Aug 20081020114.228.48$11,650
Jul 20080275131.0811.39$3,132
Jun 20080397131.3313.03$5,174
May 20080141123.1711.57$1,632
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 2008022692.538.77$1,982
Jan 200802,21590.388.21$18,176
Dec 2007024,71888.337.30$180,490
Nov 20071050091.677.29$4,563
Oct 200753982.856.92$684
Sep 200708075.846.24$500
Aug 200707969.066.39$505
Jul 200707870.906.39$498
Jun 200708462.007.55$634
May 200709558.747.85$745
Apr 200708859.617.81$687
Mar 200709356.927.30$679
Feb 200708555.108.22$698
Jan 200709350.306.73$626
Dec 200609156.656.92$630
Nov 200608354.207.62$632
Oct 200609954.906.01$595
Sep 200609960.085.04$499
Aug 2006010468.717.34$763
Jul 200608769.376.34$552
Jun 200609666.286.38$613
May 2006010266.016.42$655
Apr 200607364.397.36$537
Mar 200609256.707.08$652
Feb 200608257.597.75$636
Jan 2006010560.598.93$938
Dec 2005010254.9413.42$1,368
Nov 2005010754.6910.59$1,133
Oct 2005011258.3413.80$1,545
Sep 2005010761.4512.08$1,292
Aug 2005011461.519.80$1,117
Jul 2005011455.697.84$894
Jun 2005011252.337.38$827
May 2005011045.226.65$732
Apr 200509949.207.36$729
Mar 2005010350.377.15$737
Feb 2005011545.226.31$726
Jan 2005012243.166.32$771
Dec 2004012339.866.75$830
Nov 2004014845.286.33$937
Oct 2004016449.706.52$1,068
Sep 200408543.245.28$449
Aug 2004015242.375.55$844
Jul 2004016438.286.08$998
Jun 2004018736.106.43$1,203
May 2004024537.486.49$1,591
Apr 2004056534.475.86$3,310
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 200242025.963.16$1,090
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 200205324.663.58$190
Apr 200208223.653.51$288
Mar 200209622.003.10$298
Feb 200209218.222.38$219
Jan 200209917.172.38$235
Dec 200109916.932.36$234
Nov 200108918.072.41$214
Oct 200109419.782.53$238
Sep 200107924.262.25$178
Aug 200103124.873.05$95
Jul 200105423.933.20$173
Jun 200108424.563.82$321
May 200109325.524.31$401
Apr 200109824.685.34$523
Mar 200109624.545.38$516
Feb 2001010827.755.77$623
Jan 2001011627.478.40$974
Dec 2000011926.889.12$1,086
Nov 2000011732.215.66$662
Oct 2000011031.235.15$566
Sep 200008631.875.19$446
Aug 200001729.644.54$77
Jul 200001728.534.09$70
Jun 200008829.304.40$387
May 2000012327.263.68$453
Apr 2000011824.513.12$368
Mar 2000012828.422.86$366
Feb 2000012127.622.73$330
Jan 2000013325.272.48$330
Dec 1999012724.282.42$308
Nov 199909323.192.43$226
Oct 1999013420.982.80$376
Sep 1999011921.752.62$312
Aug 199907619.262.88$219
Jul 199902217.892.37$52
Jun 19990015.942.36$0
May 199902915.792.32$67
Apr 19996211615.102.21$1,192
Mar 1999015312.471.84$281
Feb 199901219.981.82$220
Jan 1999013410.381.90$255
Dec 199801459.201.77$257
Nov 1998011210.892.19$245
Oct 1998017112.421.97$337
Sep 1998014112.592.08$294
Aug 1998014211.301.91$271
Jul 1998014611.742.24$327
Jun 1998014711.242.24$329
May 1998015812.622.21$349
Apr 1998016413.042.51$411
Mar 1998016712.802.31$386
Feb 1998015213.952.30$349
Jan 1998016514.702.15$356
Dec 1997015616.322.41$376
Nov 1997015718.193.09$485
Oct 1997016419.253.15$517
Sep 1997015217.742.95$449
Aug 1997016117.862.55$411
Jul 1997014517.582.25$326
Jun 1997016217.242.26$366
May 1997017418.972.31$402
Apr 1997016417.882.08$342
Mar 1997017918.951.94$347
Feb 1997016720.492.21$368
Jan 1997018723.483.54$662
Dec 1996017623.32$0
Nov 1996017321.97$0
Oct 1996019323.31$0
Sep 1996018522.22$0
Aug 1996019820.26$0
Jul 1996020719.55$0
Jun 1996019318.73$0
May 1996019919.43$0
Apr 1996020021.51$0
Mar 1996022119.38$0
Feb 1996020616.98$0
Jan 1996022117.07$0
Dec 1995025817.19$0
Nov 1995017616.00$0
Oct 1995013715.43$0
Sep 1995023016.18$0
Aug 1995025015.92$0
Jul 1995026515.24$0
Jun 1995021816.41$0
May 1995025117.56$0
Apr 1995022817.73$0
Mar 1995024516.44$0
Feb 1995026816.58$0
Jan 1995027815.92$0
Dec 1994029715.03$0
Nov 1994036315.90$0
Oct 1994039515.58$0
Sep 199402515.29$0
Aug 1994034016.13$0
Jul 1994035417.56$0
Jun 1994031017.09$0
May 1994045315.88$0
Apr 1994054614.14$0
Mar 1994087012.46$0
Feb 199401,48012.50$0
Jan 19940012.66$0
Dec 19930012.33$0
Nov 19930014.49$0
Oct 19930015.85$0
Sep 19930015.03$0
Aug 19930015.66$0
Jul 19930015.46$0
Jun 19930016.79$0
May 19930017.68$0
Apr 19930018.05$0
Mar 19930018.14$0
Feb 19930017.90$0
Jan 19930016.93$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.

Aug 2008 — as filed, then multipliedworked
Condensate           102 bbl  × $114.22 =    $11,650
Gas                    0 Mcf  × $  8.48 =         $0

────────────────────────────────────────────────────
Month total                                  $11,650

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/74786 is the state's own key, not one this site invented.