MDJ

Operated by SCHALK OIL COMPANY, INC. (P-5 750400) in the INS (LOWER TANNEHILL "A") field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 68807District 8AField 44113240OilSaveExport
Value, all time
$542 k
Jan 2005 – Sep 2010
Value, last 12 filed months
$0
at the published price for each month
Months reported
69
no gaps in the span
Streams
1
oil

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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered
1997-06-24
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
OilDisposition7,443 bbl$542,287
Total$542,287

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 33.5173, -100.7331. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.51727, -100.73312 · 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
4,700 ft
1 wells filed one
Completion to plug
4.6 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 4,700 ft.

Completions filed
Jul 2005
1 of 1 wells
Plug dates filed
Feb 2010
1 of 1 wells

Last completion to plug: a median of 4.6 years across the 1 well that filed both dates, with the middle half between 4.6 years and 4.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-125309671 A4,700 ftJul 2005Feb 2010Yes

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 (69)

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

69 months

Sep 2010072.633.98$0
Aug 2010073.684.42$0
Jul 2010072.554.74$0
Jun 2010070.364.91$0
May 2010071.124.24$0
Apr 2010081.694.12$0
Mar 2010078.394.39$0
Feb 2010073.585.44$0
Jan 2010074.365.96$0
Dec 2009071.445.48$0
Nov 2009074.593.75$0
Oct 2009072.544.11$0
Sep 2009065.543.06$0
Aug 200910467.423.22$7,012
Jul 2009061.133.46$0
Jun 200916666.163.90$10,983
May 2009054.743.93$0
Apr 2009046.773.59$0
Mar 200916642.144.06$6,995
Feb 2009032.814.63$0
Jan 200935235.865.37$12,623
Dec 2008037.105.98$0
Nov 2008055.496.86$0
Oct 200816775.246.92$12,565
Sep 2008173101.767.88$17,604
Aug 2008189114.228.48$21,588
Jul 2008376131.0811.39$49,286
Jun 2008190131.3313.03$24,953
May 2008178123.1711.57$21,924
Apr 2008185110.3110.45$20,407
Mar 2008188101.909.66$19,157
Feb 200818792.538.77$17,303
Jan 200819090.388.21$17,172
Dec 2007088.337.30$0
Nov 200716891.677.29$15,401
Oct 200716282.856.92$13,422
Sep 200716975.846.24$12,817
Aug 200717669.066.39$12,155
Jul 200718270.906.39$12,904
Jun 2007062.007.55$0
May 2007058.747.85$0
Apr 200718359.617.81$10,909
Mar 200735856.927.30$20,377
Feb 200718755.108.22$10,304
Jan 200718050.306.73$9,054
Dec 200636656.656.92$20,734
Nov 200637254.207.62$20,162
Oct 200618254.906.01$9,992
Sep 200618360.085.04$10,995
Aug 200615468.717.34$10,581
Jul 2006069.376.34$0
Jun 2006066.286.38$0
May 200618766.016.42$12,344
Apr 200618664.397.36$11,977
Mar 200636956.707.08$20,922
Feb 200617757.597.75$10,193
Jan 200618460.598.93$11,149
Dec 2005054.9413.42$0
Nov 200518354.6910.59$10,008
Oct 2005058.3413.80$0
Sep 2005061.4512.08$0
Aug 2005061.519.80$0
Jul 200515955.697.84$8,855
Jun 2005052.337.38$0
May 200516545.226.65$7,461
Apr 2005049.207.36$0
Mar 2005050.377.15$0
Feb 2005045.226.31$0
Jan 2005043.166.32$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 2009 — as filed, then multipliedworked
Oil                  104 bbl  × $ 67.42 =     $7,012

────────────────────────────────────────────────────
Month total                                   $7,012

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/68807 is the state's own key, not one this site invented.