KOLAR, ED

Name: KOLAR, ED lease production and value, Mar 1994 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by DEVON ENERGY OPERATING CO., L.P. (P-5 216730) in the VIENNA (WILCOX, MIDDLE U) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 150295District 02Field 937776642 tax incentive programmesCondensateGasSave Export

Value, all time

$1.3 M

Mar 1994 – Apr 2003

Value, last 12 filed months

$110 k

at the published price for each month

Months reported

110

no gaps in the span

Streams

condensate, gas

The VIENNA (WILCOX, MIDDLE U) 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 16 leases and 16 wells, and the rule below applies to all of them.

Discovered

1961-05-19

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 1992-10-06.

The Commission's schedule remark for this field reads: “ALLOCATION FORMULA SUSPENDED 9/1/94”

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
High Cost Gas	1	1	1994-08-12	130082
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	40,012 bbl	$722,129
Gas	Production	487,942 Mcf	$550,772
Total			$1,272,901

310,740 Mcf of this lease's gas, across 34 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 29.3770, -96.6937. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.37696, -96.69369 · 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

0.0%

0 of 1 wells

Median depth

13,021 ft

1 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

1100.0%

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.

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 13,021 ft.

Completions filed

Mar 1994

1 of 1 wells

1 well


42-28532223	15	13,021 ft	Mar 1994	—	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 (110)

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

110 months


Apr 2003	0	0	26.67	5.41	$0
Mar 2003	0	0	31.14	6.10	$0
Feb 2003	70	0	33.48	7.93	$2,344
Jan 2003	357	1,228	30.31	5.58	$17,675
Dec 2002	456	766	26.91	4.85	$15,989
Nov 2002	337	1,955	24.66	4.14	$16,398
Oct 2002	247	1,231	26.46	4.23	$11,742
Sep 2002	199	632	27.44	3.64	$7,758
Aug 2002	172	1,384	25.96	3.16	$8,844
Jul 2002	128	913	24.58	3.06	$5,942
Jun 2002	272	1,056	23.73	3.34	$9,980
May 2002	317	1,611	24.66	3.58	$13,591
Apr 2002	216	1,376	23.65	3.51	$9,941
Mar 2002	127	780	22.00	3.10	$5,214
Feb 2002	118	630	18.22	2.38	$3,647
Jan 2002	136	926	17.17	2.38	$4,535
Dec 2001	120	969	16.93	2.36	$4,323
Nov 2001	84	681	18.07	2.41	$3,156
Oct 2001	148	849	19.78	2.53	$5,074
Sep 2001	157	681	24.26	2.25	$5,342
Aug 2001	162	1,097	24.87	3.05	$7,378
Jul 2001	153	1,582	23.93	3.20	$8,719
Jun 2001	150	2,017	24.56	3.82	$11,397
May 2001	98	1,602	25.52	4.31	$9,401
Apr 2001	112	841	24.68	5.34	$7,251
Mar 2001	138	1,571	24.54	5.38	$11,833
Feb 2001	131	2,084	27.75	5.77	$15,654
Jan 2001	152	2,252	27.47	8.40	$23,089
Dec 2000	156	2,659	26.88	9.12	$28,450
Nov 2000	153	2,206	32.21	5.66	$17,410
Oct 2000	139	2,005	31.23	5.15	$14,658
Sep 2000	125	2,891	31.87	5.19	$18,978
Aug 2000	165	4,709	29.64	4.54	$26,273
Jul 2000	133	5,075	28.53	4.09	$24,550
Jun 2000	145	4,340	29.30	4.40	$23,333
May 2000	78	2,508	27.26	3.68	$11,355
Apr 2000	154	3,019	24.51	3.12	$13,182
Mar 2000	118	1,871	28.42	2.86	$8,704
Feb 2000	140	2,011	27.62	2.73	$9,350
Jan 2000	154	2,177	25.27	2.48	$9,292
Dec 1999	164	2,061	24.28	2.42	$8,977
Nov 1999	112	2,126	23.19	2.43	$7,772
Oct 1999	182	1,406	20.98	2.80	$7,760
Sep 1999	196	2,674	21.75	2.62	$11,266
Aug 1999	124	3,370	19.26	2.88	$12,079
Jul 1999	161	2,515	17.89	2.37	$8,847
Jun 1999	157	2,138	15.94	2.36	$7,553
May 1999	132	1,994	15.79	2.32	$6,712
Apr 1999	142	2,132	15.10	2.21	$6,852
Mar 1999	177	2,367	12.47	1.84	$6,559
Feb 1999	155	2,440	9.98	1.82	$5,982
Jan 1999	156	3,324	10.38	1.90	$7,935
Dec 1998	155	2,799	9.20	1.77	$6,390
Nov 1998	151	1,772	10.89	2.19	$5,517
Oct 1998	195	1,488	12.42	1.97	$5,352
Sep 1998	188	1,312	12.59	2.08	$5,099
Aug 1998	222	1,828	11.30	1.91	$5,995
Jul 1998	217	2,140	11.74	2.24	$7,335
Jun 1998	210	1,974	11.24	2.24	$6,777
May 1998	213	3,138	12.62	2.21	$9,612
Apr 1998	236	2,748	13.04	2.51	$9,962
Mar 1998	307	3,694	12.80	2.31	$12,461
Feb 1998	211	3,044	13.95	2.30	$9,942
Jan 1998	243	4,052	14.70	2.15	$12,303
Dec 1997	246	4,221	16.32	2.41	$14,192
Nov 1997	260	5,030	18.19	3.09	$20,263
Oct 1997	217	629	19.25	3.15	$6,158
Sep 1997	240	3,996	17.74	2.95	$16,065
Aug 1997	231	4,829	17.86	2.55	$16,463
Jul 1997	181	4,735	17.58	2.25	$13,821
Jun 1997	246	3,913	17.24	2.26	$13,073
May 1997	323	4,524	18.97	2.31	$16,571
Apr 1997	279	4,411	17.88	2.08	$14,176
Mar 1997	289	5,068	18.95	1.94	$15,304
Feb 1997	265	5,336	20.49	2.21	$17,201
Jan 1997	441	5,789	23.48	3.54	$30,846
Dec 1996	312	5,523	23.32	—	$7,276
Nov 1996	332	5,902	21.97	—	$7,294
Oct 1996	349	5,558	23.31	—	$8,135
Sep 1996	231	3,271	22.22	—	$5,133
Aug 1996	634	5,344	20.26	—	$12,845
Jul 1996	316	5,638	19.55	—	$6,178
Jun 1996	291	5,472	18.73	—	$5,450
May 1996	352	5,870	19.43	—	$6,839
Apr 1996	420	5,172	21.51	—	$9,034
Mar 1996	480	6,091	19.38	—	$9,302
Feb 1996	432	6,910	16.98	—	$7,335
Jan 1996	564	8,014	17.07	—	$9,627
Dec 1995	595	8,449	17.19	—	$10,228
Nov 1995	594	8,090	16.00	—	$9,504
Oct 1995	609	7,863	15.43	—	$9,397
Sep 1995	540	6,379	16.18	—	$8,737
Aug 1995	627	7,745	15.92	—	$9,982
Jul 1995	730	8,902	15.24	—	$11,125
Jun 1995	895	9,076	16.41	—	$14,687
May 1995	950	10,686	17.56	—	$16,682
Apr 1995	906	10,698	17.73	—	$16,063
Mar 1995	735	9,817	16.44	—	$12,083
Feb 1995	692	10,059	16.58	—	$11,473
Jan 1995	840	10,321	15.92	—	$13,373
Dec 1994	928	11,273	15.03	—	$13,948
Nov 1994	971	10,692	15.90	—	$15,439
Oct 1994	1,165	12,016	15.58	—	$18,151
Sep 1994	1,107	11,907	15.29	—	$16,926
Aug 1994	1,156	12,717	16.13	—	$18,646
Jul 1994	1,226	12,469	17.56	—	$21,529
Jun 1994	1,505	15,512	17.09	—	$25,720
May 1994	1,497	15,551	15.88	—	$23,772
Apr 1994	1,670	18,456	14.14	—	$23,614
Mar 1994	1,320	13,297	12.46	—	$16,447

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.

Feb 2003 — as filed, then multipliedworked

Condensate            70 bbl  × $ 33.48 =     $2,344
Gas                    0 Mcf  × $  7.93 =         $0

────────────────────────────────────────────────────
Month total                                   $2,344

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/150295 is the state's own key, not one this site invented.