GOLD-ZAPP

Operated by COX & PERKINS EXPLORATION, INC. (P-5 183345) in the PHASE FOUR (8900 YEGUA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 128427District 03Field 71114400NGPA filingCondensateGasSaveExport
Value, all time
$1.2 M
Jan 1993 – Jan 2001
Value, last 12 filed months
$33 k
at the published price for each month
Months reported
97
no gaps in the span
Streams
2
condensate, 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 6 leases and 6 wells, and the rule below applies to all of them.

Discovered
1988-04-21
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

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 09/01/96.

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.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

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.

StreamBasisVolumeValue
CondensateDisposition19,668 bbl$331,836
GasProduction643,936 Mcf$854,553
Total$1,186,389

280,795 Mcf of this lease's gas, across 17 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 29.2459, -96.2941. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.24591, -96.29406 · 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
11,500 ft
1 wells filed one
Completion to plug
5.4 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 11,500 ft.

Completions filed
Aug 1995
1 of 1 wells
Plug dates filed
Jan 2001
1 of 1 wells

Last completion to plug: a median of 5.4 years across the 1 well that filed both dates, with the middle half between 5.4 years and 5.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-481331802ST11,500 ftAug 1995Jan 2001Yes

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 (97)

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

97 months

Jan 20010027.478.40$0
Dec 2000266026.889.12$7,150
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 200002,45828.422.86$7,029
Feb 200006,90227.622.73$18,818
Jan 20003449,97625.272.48$33,438
Dec 1999010,71424.282.42$25,968
Nov 199934410,06823.192.43$32,483
Oct 199909,15020.982.80$25,654
Sep 199908,88421.752.62$23,266
Aug 19991809,13919.262.88$29,747
Jul 199907,06117.892.37$16,751
Jun 19993558,98715.942.36$26,887
May 199909,94515.792.32$23,083
Apr 19993599,62515.102.21$26,673
Mar 19993479,82712.471.84$22,392
Feb 199908,0189.981.82$14,575
Jan 19993486,91510.381.90$16,750
Dec 19983625,2949.201.77$12,718
Nov 19985426,97410.892.19$21,146
Oct 199836110,24312.421.97$24,654
Sep 1998010,05612.592.08$20,943
Aug 199846511,36211.301.91$26,926
Jul 199817412,03911.742.24$28,977
Jun 199830612,63411.242.24$31,705
May 199832014,23012.622.21$35,435
Apr 199830012,50513.042.51$35,241
Mar 199841715,28212.802.31$40,630
Feb 199858615,05013.952.30$42,777
Jan 199826811,45014.702.15$28,612
Dec 19971017,01116.322.41$18,553
Nov 1997886,22918.193.09$20,837
Oct 19971057,17319.253.15$24,615
Sep 1997907,63017.742.95$24,142
Aug 19971178,54017.862.55$23,907
Jul 19971217,79617.582.25$19,644
Jun 19972548,35617.242.26$23,240
May 19972049,37418.972.31$25,510
Apr 19974059,37117.882.08$26,759
Mar 19972059,73218.951.94$22,756
Feb 19973827,41820.492.21$24,191
Jan 19972299,72323.483.54$39,793
Dec 19964069,42623.32$9,468
Nov 19963099,09221.97$6,789
Oct 199620110,34523.31$4,685
Sep 199644511,47222.22$9,888
Aug 199644012,37520.26$8,914
Jul 199646013,03819.55$8,993
Jun 199649113,70218.73$9,196
May 199645313,72719.43$8,802
Apr 199621511,92521.51$4,625
Mar 199670815,87319.38$13,721
Feb 199645114,70716.98$7,658
Jan 199648818,28217.07$8,330
Dec 19951,02520,38917.19$17,620
Nov 19951,12327,84916.00$17,968
Oct 19951,76640,09815.43$27,249
Sep 19951,43432,17016.18$23,202
Aug 19953086,32515.92$4,903
Jul 19950015.24$0
Jun 19950016.41$0
May 19950017.56$0
Apr 19950017.73$0
Mar 19950016.44$0
Feb 19950016.58$0
Jan 19950015.92$0
Dec 19940015.03$0
Nov 19940015.90$0
Oct 19940015.58$0
Sep 19940015.29$0
Aug 19940016.13$0
Jul 19940017.56$0
Jun 19940017.09$0
May 19940015.88$0
Apr 19940014.14$0
Mar 19940012.46$0
Feb 19940012.50$0
Jan 19940012.66$0
Dec 19930012.33$0
Nov 19930014.49$0
Oct 19930015.85$0
Sep 19930015.03$0
Aug 19930015.66$0
Jul 19930015.46$0
Jun 19930016.79$0
May 19930017.68$0
Apr 19930018.05$0
Mar 19930018.14$0
Feb 19930017.90$0
Jan 19930016.93$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.

Dec 2000 — as filed, then multipliedworked
Condensate           266 bbl  × $ 26.88 =     $7,150
Gas                    0 Mcf  × $  9.12 =         $0

────────────────────────────────────────────────────
Month total                                   $7,150

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. 03/G/128427 is the state's own key, not one this site invented.