MONTGOMERY "15"

Operated by CHI OPERATING, INC. (P-5 148123) in the LINKER (CLEAR FORK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 69435District 8AField 53759333Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$6.7 M
May 2009 – Apr 2012
Value, last 12 filed months
$2.5 M
at the published price for each month
Months reported
36
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 56 leases and 187 wells, and the rule below applies to all of them.

Discovered
1961-04-06
as the register files it
Field class
Oil
the register's own label
Between wells
880 ft
minimum
From a lease line
440 ft
minimum

A drilling unit in this field needs at least 21.25 acres. The field rule took effect on 1992-12-01.

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: 250 BBLS PER WELL. FIELD RULES STILL IN PLACE.

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
OilDisposition79,050 bbl$6,561,830
Casinghead gasProduction25,274 Mcf$105,930
Total$6,667,760

Wells on this lease (3)

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 33.5833, -102.3439. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

33.58273, -102.34340 · 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
0.0%
0 of 3 wells
With a plug date
0.0%
0 of 3 wells
Median depth
7,575 ft
3 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
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.
3100.0%

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 7,551 and 7,600 ft, median 7,575 ft, over the 3 wells that filed a depth.

Completions filed
May 2009 – Nov 2010
3 of 3 wells

3 wells

42-2193714837,551 ftNov 2010
42-2193710627,600 ftFeb 2010
42-2193709417,575 ftMay 2009

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 (36)

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

36 months

Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20114,9951,89895.723.31$484,406
Oct 20115,5962,30984.983.65$483,973
Sep 20115,3231,19583.623.99$449,872
Aug 20115,1002,36983.404.15$435,170
Jul 20112,7941,63194.144.52$270,395
Jun 20111,9121,19892.904.64$183,183
May 20112,13387098.134.40$213,143
Apr 20112,3231,166105.964.33$251,198
Mar 20113,04275796.364.06$296,199
Feb 20112,3731,00985.644.18$207,441
Jan 20113,62786086.504.59$317,682
Dec 20104,18198585.734.35$362,720
Nov 20103,45066180.843.80$281,407
Oct 20102,6281,00778.103.51$208,780
Sep 20102,6651,07872.633.98$197,849
Aug 20104,0161,39573.684.42$302,064
Jul 20102,7771,23272.554.74$207,307
Jun 20103,7421,45970.364.91$270,451
May 20103,71784771.124.24$267,940
Apr 20103,64335881.694.12$299,073
Mar 20102,50629978.394.39$197,758
Feb 20101,51526873.585.44$112,932
Jan 20101,0098074.365.96$75,506
Dec 20091,3428071.445.48$96,311
Nov 20091,1568074.593.75$86,526
Oct 20091,48518372.544.11$108,474
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$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.

Nov 2011 — as filed, then multipliedworked
Oil                4,995 bbl  × $ 95.72 =   $478,121
Casinghead gas     1,898 Mcf  × $  3.31 =     $6,285

────────────────────────────────────────────────────
Month total                                 $484,406

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/69435 is the state's own key, not one this site invented.