TEXAS NORTHERN RAILWAY

Operated by COBRA OPERATING COMPANY (P-5 163006) in the CANADIAN HUNTER (YEGUA 10,630) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 148970District 03Field 15225495GasSave
Value, all time
$3.7 M
Feb 1994 – Feb 2003
Value, last 12 filed months
$0
at the published price for each month
Months reported
109
no gaps in the span
Streams
1
gas

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
GasProduction3,387,597 Mcf$3,663,191
Total$3,663,191

1,832,993 Mcf of this lease's gas, across 35 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 29.7951, -95.0965. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.79515, -95.09654 · 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
12,409 ft
1 wells filed one
Completion to plug
2.6 years
median over 1 wells

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 12,409 ft.

Completions filed
Jul 2000
1 of 1 wells
Plug dates filed
Feb 2003
1 of 1 wells

Last completion to plug: a median of 2.6 years across the 1 well that filed both dates, with the middle half between 2.6 years and 2.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-20132074112,409 ftJul 2000Feb 2003Yes

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 (109)

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

109 months

Feb 2003033.487.93$0
Jan 2003030.315.58$0
Dec 2002026.914.85$0
Nov 2002024.664.14$0
Oct 2002026.464.23$0
Sep 2002027.443.64$0
Aug 2002025.963.16$0
Jul 2002024.583.06$0
Jun 2002023.733.34$0
May 2002024.663.58$0
Apr 2002023.653.51$0
Mar 2002022.003.10$0
Feb 2002018.222.38$0
Jan 2002017.172.38$0
Dec 2001016.932.36$0
Nov 2001018.072.41$0
Oct 2001019.782.53$0
Sep 2001024.262.25$0
Aug 2001024.873.05$0
Jul 2001023.933.20$0
Jun 2001024.563.82$0
May 2001025.524.31$0
Apr 2001024.685.34$0
Mar 2001024.545.38$0
Feb 2001027.755.77$0
Jan 2001027.478.40$0
Dec 2000026.889.12$0
Nov 2000032.215.66$0
Oct 2000031.235.15$0
Sep 2000031.875.19$0
Aug 2000029.644.54$0
Jul 2000028.534.09$0
Jun 2000029.304.40$0
May 2000027.263.68$0
Apr 2000024.513.12$0
Mar 2000028.422.86$0
Feb 2000027.622.73$0
Jan 2000025.272.48$0
Dec 1999024.282.42$0
Nov 1999023.192.43$0
Oct 1999020.982.80$0
Sep 1999021.752.62$0
Aug 1999019.262.88$0
Jul 19992,07817.892.37$4,930
Jun 1999015.942.36$0
May 1999015.792.32$0
Apr 1999015.102.21$0
Mar 199919,25212.471.84$35,392
Feb 199926,9889.981.82$49,059
Jan 199948,27210.381.90$91,714
Dec 199849,1779.201.77$87,207
Nov 199848,07110.892.19$105,070
Oct 199823,01212.421.97$45,315
Sep 199855,47012.592.08$115,523
Aug 199846,72811.301.91$89,127
Jul 199850,83511.742.24$113,732
Jun 199853,47511.242.24$119,638
May 199865,18712.622.21$143,825
Apr 199860,63713.042.51$151,916
Mar 199866,62112.802.31$153,857
Feb 199868,40413.952.30$157,270
Jan 199869,21514.702.15$149,144
Dec 199769,61416.322.41$167,846
Nov 199767,21918.193.09$207,590
Oct 199753,78019.253.15$169,397
Sep 199770,57617.742.95$208,544
Aug 199765,33317.862.55$166,909
Jul 199763,83217.582.25$143,427
Jun 199762,82717.242.26$141,813
May 199771,25918.972.31$164,501
Apr 199771,78617.882.08$149,514
Mar 199766,15218.951.94$128,278
Feb 199766,47920.492.21$146,646
Jan 199772,32523.483.54$256,009
Dec 199673,85823.32$0
Nov 199670,32421.97$0
Oct 199668,82923.31$0
Sep 199671,13622.22$0
Aug 199663,85020.26$0
Jul 199662,73019.55$0
Jun 199655,31318.73$0
May 1996107,79619.43$0
Apr 199669,63421.51$0
Mar 199652,07419.38$0
Feb 199665,71716.98$0
Jan 199668,42917.07$0
Dec 199571,17017.19$0
Nov 199571,02016.00$0
Oct 199574,35515.43$0
Sep 199572,14016.18$0
Aug 199567,91015.92$0
Jul 199556,74315.24$0
Jun 199550,56316.41$0
May 199550,02117.56$0
Apr 199535,77817.73$0
Mar 199536,10816.44$0
Feb 199533,06216.58$0
Jan 199535,68015.92$0
Dec 199435,43515.03$0
Nov 199433,76615.90$0
Oct 199427,26215.58$0
Sep 199434,78115.29$0
Aug 199434,79116.13$0
Jul 199434,89517.56$0
Jun 199433,78017.09$0
May 199438,57515.88$0
Apr 199432,63214.14$0
Mar 199431,66112.46$0
Feb 199411,17512.50$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.

Jul 1999 — as filed, then multipliedworked
Gas                2,078 Mcf  × $  2.37 =     $4,930

────────────────────────────────────────────────────
Month total                                   $4,930

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/148970 is the state's own key, not one this site invented.