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 174004District 03Field 15225495GasSave
Value, all time
$663 k
Feb 1999 – May 2001
Value, last 12 filed months
$416 k
at the published price for each month
Months reported
28
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
GasProduction187,081 Mcf$662,747
Total$662,747

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 29.7886, -95.0935. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.78859, -95.09349 · 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
14,327 ft
1 wells filed one
Completion to plug
8 months
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 14,327 ft.

Completions filed
Sep 2001
1 of 1 wells
Plug dates filed
May 2002
1 of 1 wells

Last completion to plug: a median of 8 months across the 1 well that filed both dates, with the middle half between 8 months and 8 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-20132559514,327 ftSep 2001May 2002Yes

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 (28)

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

28 months

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 20008,70326.889.12$79,393
Nov 200018,06032.215.66$102,183
Oct 200011,43931.235.15$58,859
Sep 200012,03031.875.19$62,394
Aug 200013,57229.644.54$61,627
Jul 200012,48528.534.09$51,061
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 19992,75320.982.80$7,719
Sep 199924,76021.752.62$64,843
Aug 1999019.262.88$0
Jul 199944617.892.37$1,058
Jun 19992,91015.942.36$6,874
May 199930,05815.792.32$69,765
Apr 199915,41415.102.21$34,035
Mar 199915,17112.471.84$27,889
Feb 199919,2809.981.82$35,047

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
Gas                8,703 Mcf  × $  9.12 =    $79,393

────────────────────────────────────────────────────
Month total                                  $79,393

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/174004 is the state's own key, not one this site invented.