CHAPPELL, J. ELLWOOD, -D-

Operated by HI - MOUNTAIN ENERGY CORPORATION (P-5 390160) in the JAMESON (STRAWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 628District 7CField 45580666OilCasinghead gasSaveExport
Value, all time
$18 k
Jan 1993 – Aug 1999
Value, last 12 filed months
$0
at the published price for each month
Months reported
80
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 209 leases and 781 wells, and the rule below applies to all of them.

Discovered
1952-01-11
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 field rule took effect on 1959-10-01.

The Commission's schedule remark for this field reads: 640 ACRES

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
OilDisposition918 bbl$13,464
Casinghead gasProduction31,567 Mcf$4,919
Total$18,382

29,533 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.

Every month this lease reported (80)

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

80 months

Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 199882013.042.51$1,069
Mar 1998193012.802.31$2,470
Feb 1998132013.952.30$1,841
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 19970017.582.25$0
Jun 199708017.242.26$181
May 1997038818.972.31$896
Apr 1997038717.882.08$806
Mar 1997040218.951.94$780
Feb 1997037020.492.21$816
Jan 1997040723.483.54$1,441
Dec 1996042223.32$0
Nov 1996042421.97$0
Oct 1996043823.31$0
Sep 1996042122.22$0
Aug 1996039920.26$0
Jul 1996047719.55$0
Jun 1996051518.73$0
May 1996058619.43$0
Apr 1996055721.51$0
Mar 1996060119.38$0
Feb 1996054516.98$0
Jan 1996057817.07$0
Dec 1995059617.19$0
Nov 199517660316.00$2,816
Oct 1995062315.43$0
Sep 1995060316.18$0
Aug 1995062515.92$0
Jul 1995063015.24$0
Jun 1995061116.41$0
May 1995055817.56$0
Apr 1995061817.73$0
Mar 1995061916.44$0
Feb 1995057016.58$0
Jan 1995084815.92$0
Dec 199401,15415.03$0
Nov 1994082315.90$0
Oct 199416057115.58$2,493
Sep 1994058515.29$0
Aug 1994062216.13$0
Jul 1994060617.56$0
Jun 1994062717.09$0
May 1994065215.88$0
Apr 1994064014.14$0
Mar 1994067612.46$0
Feb 1994061112.50$0
Jan 1994064612.66$0
Dec 1993066312.33$0
Nov 1993063114.49$0
Oct 199317568415.85$2,774
Sep 1993066415.03$0
Aug 1993067615.66$0
Jul 1993064515.46$0
Jun 1993066016.79$0
May 1993069817.68$0
Apr 1993070518.05$0
Mar 1993067618.14$0
Feb 1993052117.90$0
Jan 1993063016.93$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.

Apr 1998 — as filed, then multipliedworked
Oil                   82 bbl  × $ 13.04 =     $1,069
Casinghead gas         0 Mcf  × $  2.51 =         $0

────────────────────────────────────────────────────
Month total                                   $1,069

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/628 is the state's own key, not one this site invented.