COE, CAROLINE ET AL UNIT

Name: COE, CAROLINE ET AL UNIT lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by NEUMIN PRODUCTION COMPANY (P-5 605990) in the APPLING POINT (F-21-B) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 107531District 02Field 03326475NGPA filingCondensateGasSave Export

Value, all time

$240 k

Jan 1993 – Jan 2000

Value, last 12 filed months

$49 k

at the published price for each month

Months reported

no gaps in the span

Streams

condensate, gas

The APPLING POINT (F-21-B) 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 1 leases and 1 wells, and the rule below applies to all of them.

Discovered

1983-06-29

as the register files it

Field class

Gas

the register's own label

Between wells

—

no field rule filed

From a lease line

—

no field rule filed

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
Condensate	Disposition	7,812 bbl	$130,233
Gas	Production	116,711 Mcf	$109,449
Total			$239,682

70,391 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 28.7027, -96.3825. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.70266, -96.38249 · 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

9,595 ft

1 wells filed one

Completion to plug

16.3 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 9,595 ft.

Completions filed

Jun 1983

1 of 1 wells

Plug dates filed

Oct 1999

1 of 1 wells

Last completion to plug: a median of 16.3 years across the 1 well that filed both dates, with the middle half between 16.3 years and 16.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-23931485	1	9,595 ft	Jun 1983	Oct 1999	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 (85)

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

85 months


Jan 2000	0	0	25.27	2.48	$0
Dec 1999	0	0	24.28	2.42	$0
Nov 1999	176	0	23.19	2.43	$4,081
Oct 1999	0	1,584	20.98	2.80	$4,441
Sep 1999	158	2,075	21.75	2.62	$8,871
Aug 1999	0	1,543	19.26	2.88	$4,437
Jul 1999	179	1,543	17.89	2.37	$6,863
Jun 1999	0	1,298	15.94	2.36	$3,066
May 1999	0	1,737	15.79	2.32	$4,032
Apr 1999	159	1,864	15.10	2.21	$6,517
Mar 1999	169	1,234	12.47	1.84	$4,376
Feb 1999	0	1,182	9.98	1.82	$2,149
Jan 1999	130	800	10.38	1.90	$2,869
Dec 1998	0	1,152	9.20	1.77	$2,043
Nov 1998	0	883	10.89	2.19	$1,930
Oct 1998	138	1,258	12.42	1.97	$4,191
Sep 1998	0	1,052	12.59	2.08	$2,191
Aug 1998	159	1,412	11.30	1.91	$4,490
Jul 1998	159	1,409	11.74	2.24	$5,019
Jun 1998	0	1,378	11.24	2.24	$3,083
May 1998	0	1,146	12.62	2.21	$2,528
Apr 1998	164	968	13.04	2.51	$4,564
Mar 1998	160	1,789	12.80	2.31	$6,180
Feb 1998	0	1,413	13.95	2.30	$3,249
Jan 1998	175	1,702	14.70	2.15	$6,240
Dec 1997	0	1,669	16.32	2.41	$4,024
Nov 1997	180	1,544	18.19	3.09	$8,042
Oct 1997	0	867	19.25	3.15	$2,731
Sep 1997	156	989	17.74	2.95	$5,690
Aug 1997	0	1,146	17.86	2.55	$2,928
Jul 1997	164	1,100	17.58	2.25	$5,355
Jun 1997	0	1,091	17.24	2.26	$2,463
May 1997	158	1,392	18.97	2.31	$6,211
Apr 1997	0	1,126	17.88	2.08	$2,345
Mar 1997	132	1,620	18.95	1.94	$5,643
Feb 1997	178	1,593	20.49	2.21	$7,161
Jan 1997	0	1,761	23.48	3.54	$6,233
Dec 1996	172	1,582	23.32	—	$4,011
Nov 1996	158	1,607	21.97	—	$3,471
Oct 1996	0	1,326	23.31	—	$0
Sep 1996	178	1,792	22.22	—	$3,955
Aug 1996	0	1,596	20.26	—	$0
Jul 1996	153	1,285	19.55	—	$2,991
Jun 1996	143	1,515	18.73	—	$2,678
May 1996	169	1,243	19.43	—	$3,284
Apr 1996	0	1,063	21.51	—	$0
Mar 1996	164	1,345	19.38	—	$3,178
Feb 1996	0	1,121	16.98	—	$0
Jan 1996	0	1,536	17.07	—	$0
Dec 1995	182	1,247	17.19	—	$3,129
Nov 1995	154	1,316	16.00	—	$2,464
Oct 1995	0	1,784	15.43	—	$0
Sep 1995	164	1,583	16.18	—	$2,654
Aug 1995	0	872	15.92	—	$0
Jul 1995	175	1,060	15.24	—	$2,667
Jun 1995	133	1,233	16.41	—	$2,183
May 1995	164	1,224	17.56	—	$2,880
Apr 1995	0	1,264	17.73	—	$0
Mar 1995	0	838	16.44	—	$0
Feb 1995	180	842	16.58	—	$2,984
Jan 1995	0	1,180	15.92	—	$0
Dec 1994	163	1,021	15.03	—	$2,450
Nov 1994	168	958	15.90	—	$2,671
Oct 1994	0	964	15.58	—	$0
Sep 1994	176	923	15.29	—	$2,691
Aug 1994	0	1,488	16.13	—	$0
Jul 1994	175	1,692	17.56	—	$3,073
Jun 1994	0	1,548	17.09	—	$0
May 1994	162	2,167	15.88	—	$2,573
Apr 1994	180	1,549	14.14	—	$2,545
Mar 1994	180	1,624	12.46	—	$2,243
Feb 1994	0	1,583	12.50	—	$0
Jan 1994	0	1,830	12.66	—	$0
Dec 1993	175	1,881	12.33	—	$2,158
Nov 1993	179	1,541	14.49	—	$2,594
Oct 1993	0	1,374	15.85	—	$0
Sep 1993	177	1,858	15.03	—	$2,660
Aug 1993	0	1,852	15.66	—	$0
Jul 1993	181	1,861	15.46	—	$2,798
Jun 1993	177	1,913	16.79	—	$2,972
May 1993	0	1,771	17.68	—	$0
Apr 1993	178	1,848	18.05	—	$3,213
Mar 1993	180	1,875	18.14	—	$3,265
Feb 1993	0	1,426	17.90	—	$0
Jan 1993	178	2,390	16.93	—	$3,014

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 1999 — as filed, then multipliedworked

Condensate           176 bbl  × $ 23.19 =     $4,081
Gas                    0 Mcf  × $  2.43 =         $0

────────────────────────────────────────────────────
Month total                                   $4,081

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. 02/G/107531 is the state's own key, not one this site invented.