COLORADO BEND UNIT

Name: COLORADO BEND UNIT lease production and value, Aug 2001 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by MAGNOLIA OIL & GAS OPERATING LLC (P-5 521544) in the GIDDINGS (AUSTIN CHALK, GAS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 186607District 03Field 347735502 tax incentive programmesCondensateGasSave Export

Value, all time

$7.4 M

Aug 2001 – Feb 2020

Value, last 12 filed months

$24 k

at the published price for each month

Months reported

223

no gaps in the span

Streams

condensate, gas

The GIDDINGS (AUSTIN CHALK, GAS) 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 1,061 leases and 1,061 wells, and the rule below applies to all of them.

Discovered

1978-08-01

as the register files it

Field class

Gas

the register's own label

Between wells

0 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2018-10-16.

The Commission's schedule remark for this field reads: “AMENDED DRILLING PERMITS, NOTICE, OR HEARING.”

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	2003-05-21	151451
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	71,700 bbl	$2,869,780
Gas	Production	958,905 Mcf	$4,541,763
Total			$7,411,542

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 29.8934, -96.8834. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.89336, -96.88340 · 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

13,757 ft

1 wells filed one

Completion to plug

18.5 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 13,757 ft.

Completions filed

Aug 2001

1 of 1 wells

Plug dates filed

Feb 2020

1 of 1 wells

Last completion to plug: a median of 18.5 years across the 1 well that filed both dates, with the middle half between 18.5 years and 18.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-14932782	1RE	13,757 ft	Aug 2001	Feb 2020	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 (223)

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

223 months


Feb 2020	0	0	49.88	1.98	$0
Jan 2020	0	0	57.25	2.09	$0
Dec 2019	238	118	59.01	2.30	$14,316
Nov 2019	3	237	55.30	2.75	$818
Oct 2019	0	50	53.47	2.42	$121
Sep 2019	0	570	55.05	2.66	$1,515
Aug 2019	0	218	53.11	2.30	$502
Jul 2019	0	576	56.27	2.46	$1,417
Jun 2019	0	373	52.78	2.49	$929
May 2019	0	605	58.48	2.74	$1,658
Apr 2019	0	432	62.63	2.75	$1,188
Mar 2019	0	491	56.80	3.06	$1,503
Feb 2019	0	235	50.85	2.79	$656
Jan 2019	183	517	46.03	3.23	$10,092
Dec 2018	197	577	46.59	4.19	$11,593
Nov 2018	0	594	52.93	4.24	$2,517
Oct 2018	0	542	61.44	3.40	$1,842
Sep 2018	0	533	59.54	3.11	$1,657
Aug 2018	0	555	59.40	3.07	$1,702
Jul 2018	192	562	65.14	2.93	$14,155
Jun 2018	0	538	60.18	3.08	$1,655
May 2018	0	535	65.38	2.90	$1,552
Apr 2018	186	527	63.84	2.90	$13,403
Mar 2018	0	652	61.22	2.79	$1,817
Feb 2018	0	535	61.78	2.77	$1,480
Jan 2018	0	605	62.87	4.01	$2,426
Dec 2017	192	641	57.27	2.92	$12,869
Nov 2017	0	1,025	55.42	3.12	$3,196
Oct 2017	3	502	49.29	2.98	$1,646
Sep 2017	0	328	47.52	3.09	$1,013
Aug 2017	187	570	45.37	3.00	$10,197
Jul 2017	0	672	43.87	3.09	$2,075
Jun 2017	0	737	42.49	3.09	$2,275
May 2017	189	834	45.37	3.26	$11,297
Apr 2017	0	749	47.93	3.21	$2,405
Mar 2017	0	813	46.77	2.98	$2,426
Feb 2017	0	662	50.45	2.95	$1,955
Jan 2017	180	782	49.41	3.42	$11,567
Dec 2016	0	861	48.76	3.72	$3,205
Nov 2016	0	843	42.49	2.64	$2,229
Oct 2016	192	817	46.19	3.09	$11,393
Sep 2016	0	621	41.55	3.10	$1,925
Aug 2016	0	824	41.44	2.92	$2,410
Jul 2016	186	939	41.62	2.92	$10,487
Jun 2016	0	916	45.35	2.69	$2,460
May 2016	0	857	42.52	1.99	$1,706
Apr 2016	0	940	36.56	1.99	$1,872
Mar 2016	194	962	33.01	1.79	$8,130
Feb 2016	0	898	26.47	2.06	$1,853
Jan 2016	0	991	27.35	2.36	$2,343
Dec 2015	192	957	32.36	2.00	$8,128
Nov 2015	0	958	38.79	2.17	$2,076
Oct 2015	0	1,026	43.55	2.43	$2,490
Sep 2015	192	972	42.99	2.76	$10,935
Aug 2015	0	1,057	40.16	2.87	$3,036
Jul 2015	192	1,193	48.15	2.95	$12,758
Jun 2015	0	836	56.15	2.88	$2,410
May 2015	188	929	55.21	2.96	$13,125
Apr 2015	0	872	49.82	2.71	$2,360
Mar 2015	0	915	42.89	2.93	$2,685
Feb 2015	0	777	44.66	2.98	$2,313
Jan 2015	0	957	43.43	3.10	$2,967
Dec 2014	190	859	54.69	3.59	$13,476
Nov 2014	0	1,059	70.46	4.25	$4,503
Oct 2014	193	1,085	78.30	3.90	$19,344
Sep 2014	0	1,131	86.16	4.05	$4,575
Aug 2014	0	1,228	89.39	4.04	$4,955
Jul 2014	188	783	96.56	4.18	$21,426
Jun 2014	0	1,137	98.16	4.74	$5,386
May 2014	0	1,204	94.73	4.73	$5,691
Apr 2014	190	1,186	95.94	4.81	$23,932
Mar 2014	0	1,195	95.89	5.06	$6,043
Feb 2014	0	1,085	97.40	6.19	$6,718
Jan 2014	189	1,251	90.40	4.86	$23,166
Dec 2013	0	1,228	91.82	4.35	$5,347
Nov 2013	193	1,233	88.85	3.74	$21,757
Oct 2013	0	1,228	97.42	3.78	$4,641
Sep 2013	194	1,102	104.11	3.72	$24,294
Aug 2013	0	1,195	104.25	3.52	$4,210
Jul 2013	191	1,374	102.52	3.72	$24,689
Jun 2013	0	1,411	94.40	3.93	$5,550
May 2013	193	1,635	94.83	4.15	$25,086
Apr 2013	0	860	93.96	4.28	$3,683
Mar 2013	0	1,176	93.62	3.91	$4,602
Feb 2013	196	1,194	91.23	3.42	$21,964
Jan 2013	196	1,335	91.60	3.42	$22,519
Dec 2012	0	1,331	86.77	3.42	$4,552
Nov 2012	192	1,371	86.95	3.62	$21,664
Oct 2012	0	1,439	89.38	3.40	$4,892
Sep 2012	185	1,450	94.67	2.92	$21,746
Aug 2012	0	1,546	92.66	2.91	$4,496
Jul 2012	129	1,252	85.13	3.02	$14,764
Jun 2012	189	1,416	79.82	2.52	$18,653
May 2012	0	1,491	91.61	2.49	$3,710
Apr 2012	190	1,452	101.65	2.00	$22,213
Mar 2012	0	1,547	105.05	2.22	$3,438
Feb 2012	184	1,460	101.10	2.57	$22,355
Jan 2012	188	1,587	98.09	2.73	$22,780
Dec 2011	0	1,574	96.87	3.24	$5,099
Nov 2011	195	1,617	95.72	3.31	$24,020
Oct 2011	0	1,650	84.98	3.65	$6,020
Sep 2011	193	1,671	83.62	3.99	$22,799
Aug 2011	189	1,715	83.40	4.15	$22,879
Jul 2011	0	1,678	94.14	4.52	$7,580
Jun 2011	193	1,718	92.90	4.64	$25,901
May 2011	0	1,733	98.13	4.40	$7,634
Apr 2011	189	1,768	105.96	4.33	$27,688
Mar 2011	196	1,835	96.36	4.06	$26,332
Feb 2011	0	1,661	85.64	4.18	$6,943
Jan 2011	197	1,874	86.50	4.59	$25,640
Dec 2010	199	1,906	85.73	4.35	$25,347
Nov 2010	0	1,857	80.84	3.80	$7,048
Oct 2010	194	1,975	78.10	3.51	$22,081
Sep 2010	193	1,928	72.63	3.98	$21,690
Aug 2010	192	2,007	73.68	4.42	$23,016
Jul 2010	0	2,020	72.55	4.74	$9,568
Jun 2010	192	2,092	70.36	4.91	$23,782
May 2010	0	2,317	71.12	4.24	$9,813
Apr 2010	194	1,697	81.69	4.12	$22,844
Mar 2010	194	2,172	78.39	4.39	$24,740
Feb 2010	0	1,907	73.58	5.44	$10,379
Jan 2010	198	2,233	74.36	5.96	$28,041
Dec 2009	195	2,233	71.44	5.48	$26,176
Nov 2009	195	2,205	74.59	3.75	$22,817
Oct 2009	193	2,358	72.54	4.11	$23,692
Sep 2009	189	2,297	65.54	3.06	$19,427
Aug 2009	0	2,455	67.42	3.22	$7,901
Jul 2009	192	2,467	61.13	3.46	$20,284
Jun 2009	195	2,398	66.16	3.90	$22,241
May 2009	188	2,635	54.74	3.93	$20,635
Apr 2009	197	2,485	46.77	3.59	$18,129
Mar 2009	197	2,525	42.14	4.06	$18,551
Feb 2009	196	2,322	32.81	4.63	$17,189
Jan 2009	0	2,565	35.86	5.37	$13,777
Dec 2008	393	2,587	37.10	5.98	$30,043
Nov 2008	196	2,214	55.49	6.86	$26,065
Oct 2008	195	2,576	75.24	6.92	$32,503
Sep 2008	0	2,161	101.76	7.88	$17,022
Aug 2008	195	2,564	114.22	8.48	$44,023
Jul 2008	196	2,756	131.08	11.39	$57,081
Jun 2008	193	2,806	131.33	13.03	$61,916
May 2008	195	3,060	123.17	11.57	$59,435
Apr 2008	194	2,977	110.31	10.45	$52,524
Mar 2008	0	3,111	101.90	9.66	$30,065
Feb 2008	391	2,977	92.53	8.77	$62,289
Jan 2008	195	2,931	90.38	8.21	$41,675
Dec 2007	196	3,031	88.33	7.30	$39,445
Nov 2007	0	3,121	91.67	7.29	$22,757
Oct 2007	196	3,068	82.85	6.92	$37,475
Sep 2007	193	3,368	75.84	6.24	$35,667
Aug 2007	385	3,509	69.06	6.39	$49,003
Jul 2007	192	3,802	70.90	6.39	$37,900
Jun 2007	195	3,562	62.00	7.55	$38,978
May 2007	201	3,726	58.74	7.85	$41,042
Apr 2007	392	3,633	59.61	7.81	$51,723
Mar 2007	199	3,991	56.92	7.30	$40,469
Feb 2007	397	3,938	55.10	8.22	$54,229
Jan 2007	201	2,841	50.30	6.73	$29,221
Dec 2006	187	4,114	56.65	6.92	$39,056
Nov 2006	187	4,170	54.20	7.62	$41,900
Oct 2006	373	4,519	54.90	6.01	$47,654
Sep 2006	190	4,390	60.08	5.04	$33,529
Aug 2006	369	4,693	68.71	7.34	$59,800
Jul 2006	189	4,873	69.37	6.34	$44,019
Jun 2006	368	4,723	66.28	6.38	$54,542
May 2006	187	4,069	66.01	6.42	$38,487
Apr 2006	374	4,597	64.39	7.36	$57,918
Mar 2006	188	5,104	56.70	7.08	$46,811
Feb 2006	373	4,712	57.59	7.75	$58,004
Jan 2006	363	4,256	60.59	8.93	$60,014
Dec 2005	182	5,254	54.94	13.42	$80,484
Nov 2005	182	5,213	54.69	10.59	$65,151
Oct 2005	337	5,544	58.34	13.80	$96,144
Sep 2005	507	6,198	61.45	12.08	$106,021
Aug 2005	347	6,547	61.51	9.80	$85,484
Jul 2005	528	6,355	55.69	7.84	$79,251
Jun 2005	351	6,673	52.33	7.38	$67,622
May 2005	745	7,517	45.22	6.65	$83,686
Apr 2005	554	8,490	49.20	7.36	$89,747
Mar 2005	569	9,105	50.37	7.15	$93,806
Feb 2005	739	10,447	45.22	6.31	$99,358
Jan 2005	93	4,367	43.16	6.32	$31,623
Dec 2004	192	1,397	39.86	6.75	$17,084
Nov 2004	332	5,671	45.28	6.33	$50,933
Oct 2004	365	5,886	49.70	6.52	$56,488
Sep 2004	545	5,662	43.24	5.28	$53,483
Aug 2004	350	6,377	42.37	5.55	$50,226
Jul 2004	336	6,823	38.28	6.08	$54,374
Jun 2004	550	6,711	36.10	6.43	$63,027
May 2004	356	7,368	37.48	6.49	$61,195
Apr 2004	546	7,823	34.47	5.86	$64,651
Mar 2004	739	8,801	34.36	5.53	$74,063
Feb 2004	1,112	9,730	32.45	5.51	$89,693
Jan 2004	363	6,521	32.03	6.30	$52,707
Dec 2003	738	8,495	30.26	6.30	$75,864
Nov 2003	733	8,718	28.80	4.60	$61,171
Oct 2003	733	10,097	28.17	4.76	$68,707
Sep 2003	731	11,029	26.31	4.75	$71,613
Aug 2003	545	11,499	29.76	5.13	$75,206
Jul 2003	918	9,494	29.41	5.17	$76,090
Jun 2003	732	8,702	28.56	5.98	$72,970
May 2003	546	9,078	26.59	5.97	$68,738
Apr 2003	734	9,183	26.67	5.41	$69,231
Mar 2003	718	9,654	31.14	6.10	$81,210
Feb 2003	731	9,310	33.48	7.93	$98,264
Jan 2003	1,113	12,498	30.31	5.58	$103,499
Dec 2002	735	13,845	26.91	4.85	$86,979
Nov 2002	1,458	14,025	24.66	4.14	$93,975
Oct 2002	899	11,466	26.46	4.23	$72,279
Sep 2002	1,040	11,975	27.44	3.64	$72,069
Aug 2002	913	12,089	25.96	3.16	$61,953
Jul 2002	1,265	14,137	24.58	3.06	$74,378
Jun 2002	909	14,121	23.73	3.34	$68,710
May 2002	1,270	15,653	24.66	3.58	$87,419
Apr 2002	1,264	17,300	23.65	3.51	$90,657
Mar 2002	1,099	23,706	22.00	3.10	$97,731
Feb 2002	1,462	25,768	18.22	2.38	$87,854
Jan 2002	2,176	267	17.17	2.38	$37,996
Dec 2001	2,373	32,420	16.93	2.36	$116,829
Nov 2001	2,901	42,221	18.07	2.41	$153,985
Oct 2001	3,485	55,988	19.78	2.53	$210,520
Sep 2001	6,117	67,933	24.26	2.25	$301,337
Aug 2001	2,703	18,748	24.87	3.05	$124,464

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 2019 — as filed, then multipliedworked

Condensate           238 bbl  × $ 59.01 =    $14,044
Gas                  118 Mcf  × $  2.30 =       $272

────────────────────────────────────────────────────
Month total                                  $14,316

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/186607 is the state's own key, not one this site invented.