ARCO-COVINGTON

Name: ARCO-COVINGTON lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by CHESAPEAKE OPERATING, INC. (P-5 147715) in the PRENTICE, NW. (SAN ANDRES) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 66320District 8AField 72999500Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$410 k

Jan 1993 – May 2004

Value, last 12 filed months

$8 k

at the published price for each month

Months reported

137

no gaps in the span

Streams

oil, casinghead gas

The PRENTICE, NW. (SAN ANDRES) field

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 18 leases and 86 wells, and the rule below applies to all of them.

Discovered

1969-01-01

as the register files it

Field class

Oil

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 2012-09-01.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: “PSUEDO RULES FOR HORIZONTAL WELLS.”

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.

Stream	Basis	Volume	Value
Oil	Disposition	17,574 bbl	$334,297
Casinghead gas	Production	77,795 Mcf	$75,566
Total			$409,863

52,893 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.

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 33.2707, -102.5439. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.27066, -102.54390 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

5,282 ft

1 wells filed one

Completion to plug

15.0 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 5,282 ft.

Completions filed

Mar 1989

1 of 1 wells

Plug dates filed

Mar 2004

1 of 1 wells

Last completion to plug: a median of 15.0 years across the 1 well that filed both dates, with the middle half between 15.0 years and 15.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-44531540	1	5,282 ft	Mar 1989	Mar 2004	Yes

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 (137)

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

137 months


May 2004	72	0	37.48	6.49	$2,699
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	0	0	32.03	6.30	$0
Dec 2003	0	0	30.26	6.30	$0
Nov 2003	0	0	28.80	4.60	$0
Oct 2003	0	0	28.17	4.76	$0
Sep 2003	0	0	26.31	4.75	$0
Aug 2003	0	0	29.76	5.13	$0
Jul 2003	117	0	29.41	5.17	$3,441
Jun 2003	0	307	28.56	5.98	$1,837
May 2003	168	342	26.59	5.97	$6,510
Apr 2003	0	337	26.67	5.41	$1,822
Mar 2003	168	312	31.14	6.10	$7,133
Feb 2003	0	250	33.48	7.93	$1,981
Jan 2003	168	328	30.31	5.58	$6,923
Dec 2002	172	328	26.91	4.85	$6,221
Nov 2002	100	263	24.66	4.14	$3,554
Oct 2002	0	173	26.46	4.23	$732
Sep 2002	160	0	27.44	3.64	$4,390
Aug 2002	161	0	25.96	3.16	$4,180
Jul 2002	169	0	24.58	3.06	$4,154
Jun 2002	0	1	23.73	3.34	$3
May 2002	165	0	24.66	3.58	$4,069
Apr 2002	164	20	23.65	3.51	$3,949
Mar 2002	0	195	22.00	3.10	$605
Feb 2002	162	98	18.22	2.38	$3,184
Jan 2002	164	224	17.17	2.38	$3,348
Dec 2001	0	308	16.93	2.36	$728
Nov 2001	168	227	18.07	2.41	$3,582
Oct 2001	167	267	19.78	2.53	$3,978
Sep 2001	0	216	24.26	2.25	$486
Aug 2001	166	325	24.87	3.05	$5,121
Jul 2001	171	349	23.93	3.20	$5,208
Jun 2001	0	506	24.56	3.82	$1,935
May 2001	168	281	25.52	4.31	$5,498
Apr 2001	167	285	24.68	5.34	$5,642
Mar 2001	169	332	24.54	5.38	$5,932
Feb 2001	0	31	27.75	5.77	$179
Jan 2001	0	0	27.47	8.40	$0
Dec 2000	159	0	26.88	9.12	$4,274
Nov 2000	0	128	32.21	5.66	$724
Oct 2000	150	231	31.23	5.15	$5,873
Sep 2000	152	277	31.87	5.19	$6,281
Aug 2000	152	270	29.64	4.54	$5,731
Jul 2000	166	282	28.53	4.09	$5,889
Jun 2000	0	277	29.30	4.40	$1,218
May 2000	169	240	27.26	3.68	$5,490
Apr 2000	177	283	24.51	3.12	$5,220
Mar 2000	166	278	28.42	2.86	$5,513
Feb 2000	163	290	27.62	2.73	$5,293
Jan 2000	0	242	25.27	2.48	$600
Dec 1999	149	289	24.28	2.42	$4,318
Nov 1999	161	206	23.19	2.43	$4,235
Oct 1999	164	261	20.98	2.80	$4,172
Sep 1999	163	278	21.75	2.62	$4,273
Aug 1999	0	317	19.26	2.88	$912
Jul 1999	163	210	17.89	2.37	$3,414
Jun 1999	165	150	15.94	2.36	$2,984
May 1999	161	258	15.79	2.32	$3,141
Apr 1999	0	448	15.10	2.21	$989
Mar 1999	164	379	12.47	1.84	$2,742
Feb 1999	164	272	9.98	1.82	$2,131
Jan 1999	164	339	10.38	1.90	$2,346
Dec 1998	162	271	9.20	1.77	$1,971
Nov 1998	0	267	10.89	2.19	$584
Oct 1998	163	245	12.42	1.97	$2,507
Sep 1998	166	215	12.59	2.08	$2,538
Aug 1998	169	249	11.30	1.91	$2,385
Jul 1998	167	918	11.74	2.24	$4,014
Jun 1998	167	1,174	11.24	2.24	$4,504
May 1998	160	753	12.62	2.21	$3,681
Apr 1998	168	597	13.04	2.51	$3,686
Mar 1998	120	564	12.80	2.31	$2,839
Feb 1998	165	540	13.95	2.30	$3,543
Jan 1998	166	513	14.70	2.15	$3,546
Dec 1997	0	160	16.32	2.41	$386
Nov 1997	167	341	18.19	3.09	$4,091
Oct 1997	166	577	19.25	3.15	$5,013
Sep 1997	165	662	17.74	2.95	$4,883
Aug 1997	163	649	17.86	2.55	$4,569
Jul 1997	161	690	17.58	2.25	$4,381
Jun 1997	0	537	17.24	2.26	$1,212
May 1997	168	611	18.97	2.31	$4,597
Apr 1997	167	528	17.88	2.08	$4,086
Mar 1997	167	508	18.95	1.94	$4,150
Feb 1997	170	467	20.49	2.21	$4,513
Jan 1997	168	356	23.48	3.54	$5,205
Dec 1996	168	419	23.32	—	$3,918
Nov 1996	0	460	21.97	—	$0
Oct 1996	167	318	23.31	—	$3,893
Sep 1996	167	382	22.22	—	$3,711
Aug 1996	163	403	20.26	—	$3,302
Jul 1996	117	309	19.55	—	$2,287
Jun 1996	170	452	18.73	—	$3,184
May 1996	166	419	19.43	—	$3,225
Apr 1996	0	316	21.51	—	$0
Mar 1996	167	238	19.38	—	$3,236
Feb 1996	168	222	16.98	—	$2,853
Jan 1996	166	291	17.07	—	$2,834
Dec 1995	175	304	17.19	—	$3,008
Nov 1995	156	335	16.00	—	$2,496
Oct 1995	149	525	15.43	—	$2,299
Sep 1995	133	158	16.18	—	$2,152
Aug 1995	194	218	15.92	—	$3,088
Jul 1995	95	546	15.24	—	$1,448
Jun 1995	173	516	16.41	—	$2,839
May 1995	166	580	17.56	—	$2,915
Apr 1995	179	172	17.73	—	$3,174
Mar 1995	169	157	16.44	—	$2,778
Feb 1995	164	557	16.58	—	$2,719
Jan 1995	170	601	15.92	—	$2,706
Dec 1994	0	1,345	15.03	—	$0
Nov 1994	168	2,205	15.90	—	$2,671
Oct 1994	164	2,310	15.58	—	$2,555
Sep 1994	162	2,263	15.29	—	$2,477
Aug 1994	161	3,333	16.13	—	$2,597
Jul 1994	163	2,551	17.56	—	$2,862
Jun 1994	165	3,019	17.09	—	$2,820
May 1994	161	2,143	15.88	—	$2,557
Apr 1994	163	2,227	14.14	—	$2,305
Mar 1994	175	2,127	12.46	—	$2,181
Feb 1994	162	1,002	12.50	—	$2,025
Jan 1994	158	1,797	12.66	—	$2,000
Dec 1993	324	1,503	12.33	—	$3,995
Nov 1993	163	1,654	14.49	—	$2,362
Oct 1993	162	2,302	15.85	—	$2,568
Sep 1993	160	1,312	15.03	—	$2,405
Aug 1993	161	1,552	15.66	—	$2,521
Jul 1993	161	2,058	15.46	—	$2,489
Jun 1993	323	2,295	16.79	—	$5,423
May 1993	161	1,806	17.68	—	$2,846
Apr 1993	166	1,039	18.05	—	$2,996
Mar 1993	171	1,145	18.14	—	$3,102
Feb 1993	162	503	17.90	—	$2,900
Jan 1993	323	504	16.93	—	$5,468

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.

May 2004 — as filed, then multipliedworked

Oil                   72 bbl  × $ 37.48 =     $2,699
Casinghead gas         0 Mcf  × $  6.49 =         $0

────────────────────────────────────────────────────
Month total                                   $2,699

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. 8A/O/66320 is the state's own key, not one this site invented.