CHOAT

Operated by BOWERMAN INVESTMENTS INC. (P-5 84076) in the ARENA (IVAN LIME) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 14336District 7CField 03502425OilCasinghead gasSaveExport
Value, all time
$529 k
Feb 1996 – Apr 2018
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
267
no gaps in the span
Streams
2
oil, casinghead 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 1 leases and 2 wells, and the rule below applies to all of them.

Discovered
1996-02-16
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
OilDisposition13,007 bbl$523,376
Casinghead gasProduction2,403 Mcf$5,218
Total$528,594

674 Mcf of this lease's gas, across 11 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 (2)

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 31.1478, -99.9450. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

31.14778, -99.94495 · 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%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
2,310 ft
2 wells filed one
Completion to plug
12.1 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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

Between 2,250 and 2,370 ft, median 2,310 ft, over the 2 wells that filed a depth.

Completions filed
Feb 1996 – Dec 2011
2 of 2 wells
Plug dates filed
Mar 2014 – Jan 2018
2 of 2 wells

Last completion to plug: a median of 12.1 years across the 2 wells that filed both dates, with the middle half between 7.2 years and 17.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-09532367122,250 ftDec 2011Mar 2014Yes
42-0953165612,370 ftFeb 1996Jan 2018Yes

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 (267)

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

267 months

Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 2017110057.272.92$6,300
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
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 2014168054.693.59$9,188
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 2014162094.734.73$15,346
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 2013167097.423.78$16,269
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 2013167093.964.28$15,691
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 2012107089.383.40$9,564
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 2012116079.822.52$9,259
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 2011117096.873.24$11,334
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 2011117083.623.99$9,784
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 2011120092.904.64$11,148
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 2010138085.734.35$11,831
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 2010113071.124.24$8,037
Apr 20100081.694.12$0
Mar 2010120078.394.39$9,407
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 2009134072.544.11$9,720
Sep 20090065.543.06$0
Aug 2009128067.423.22$8,630
Jul 20090561.133.46$17
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 2009185035.865.37$6,634
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 2008174075.246.92$13,092
Sep 200800101.767.88$0
Aug 20081800114.228.48$20,560
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 20081770123.1711.57$21,801
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 2008178090.388.21$16,088
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 2007184058.747.85$10,808
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 2007113055.108.22$6,226
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 2006163054.906.01$8,949
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 2006181069.376.34$12,556
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 2006174064.397.36$11,204
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 2006183060.598.93$11,088
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 2005174058.3413.80$10,151
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 2005165055.697.84$9,189
Jun 20050052.337.38$0
May 2005183045.226.65$8,275
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 2005177045.226.31$8,004
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 2004177045.286.33$8,015
Oct 20040049.706.52$0
Sep 2004187043.245.28$8,086
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 2004175036.106.43$6,318
May 20040037.486.49$0
Apr 2004172034.475.86$5,929
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 2004181032.036.30$5,797
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 2003173026.314.75$4,552
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 2003158026.595.97$4,201
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 2003152033.487.93$5,089
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 2002174024.664.14$4,291
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 2002166025.963.16$4,309
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 2002802423.653.51$1,976
Mar 20021752422.003.10$3,924
Feb 200202418.222.38$57
Jan 200212417.172.38$74
Dec 20011682416.932.36$2,901
Nov 200102418.072.41$58
Oct 200102419.782.53$61
Sep 200102424.262.25$54
Aug 20011492424.873.05$3,779
Jul 200122423.933.20$125
Jun 20011712424.563.82$4,292
May 200122425.524.31$154
Apr 200152424.685.34$251
Mar 20011792024.545.38$4,500
Feb 200102427.755.77$138
Jan 20012962427.478.40$8,333
Dec 200032426.889.12$300
Nov 200002432.215.66$136
Oct 200002431.235.15$123
Sep 200022431.875.19$188
Aug 20001642829.644.54$4,988
Jul 200002828.534.09$115
Jun 20001782829.304.40$5,339
May 200002427.263.68$88
Apr 200032524.513.12$151
Mar 200032528.422.86$157
Feb 20001762527.622.73$4,929
Jan 200042725.272.48$168
Dec 199922724.282.42$114
Nov 19991752723.192.43$4,124
Oct 199902720.982.80$76
Sep 199922921.752.62$119
Aug 19991802919.262.88$3,550
Jul 199902917.892.37$69
Jun 19991742915.942.36$2,842
May 199902915.792.32$67
Apr 19991802915.102.21$2,782
Mar 199912912.471.84$66
Feb 19991299.981.82$63
Jan 19991762910.381.90$1,882
Dec 19980299.201.77$51
Nov 19981782910.892.19$2,002
Oct 199822912.421.97$82
Sep 19981782912.592.08$2,301
Aug 199802911.301.91$55
Jul 19981792911.742.24$2,166
Jun 19981832911.242.24$2,122
May 199812912.622.21$77
Apr 19981792913.042.51$2,407
Mar 19981792912.802.31$2,358
Feb 199802913.952.30$67
Jan 19981822914.702.15$2,738
Dec 199722916.322.41$103
Nov 19971742918.193.09$3,255
Oct 199702919.253.15$91
Sep 199702917.742.95$86
Aug 19971752917.862.55$3,200
Jul 19971732917.582.25$3,107
Jun 199702917.242.26$65
May 19971722918.972.31$3,330
Apr 19971732917.882.08$3,154
Mar 19971642918.951.94$3,164
Feb 199702920.492.21$64
Jan 199702923.483.54$103
Dec 19961742923.32$4,058
Nov 19961802921.97$3,955
Oct 19961762923.31$4,103
Sep 199602922.22$0
Aug 19961762920.26$3,566
Jul 19961802919.55$3,519
Jun 199618410018.73$3,446
May 199617510019.43$3,400
Apr 199617010021.51$3,657
Mar 199635510019.38$6,880
Feb 1996110016.98$17

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.

Dec 2017 — as filed, then multipliedworked
Oil                  110 bbl  × $ 57.27 =     $6,300
Casinghead gas         0 Mcf  × $  2.92 =         $0

────────────────────────────────────────────────────
Month total                                   $6,300

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/O/14336 is the state's own key, not one this site invented.