TRINIDAD UNIT

Operated by COBRA OIL & GAS CORPORATION (P-5 163000) in the T.A.V.T. (FRIO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 209583District 03Field 87840200GasSaveExport
Value, all time
$1.2 M
May 2005 – Dec 2008
Value, last 12 filed months
$55 k
at the published price for each month
Months reported
44
no gaps in the span
Streams
1
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 8 leases and 8 wells, and the rule below applies to all of them.

Discovered
2004-05-27
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 11/01/2006.

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
GasProduction143,006 Mcf$1,171,172
Total$1,171,172

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 30.1911, -94.5706. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.19107, -94.57064 · 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
5,200 ft
1 wells filed one
Completion to plug
3.6 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 5,200 ft.

Completions filed
May 2005
1 of 1 wells
Plug dates filed
Dec 2008
1 of 1 wells

Last completion to plug: a median of 3.6 years across the 1 well that filed both dates, with the middle half between 3.6 years and 3.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1993296415,200 ftMay 2005Dec 2008Yes

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 (44)

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

44 months

Dec 2008037.105.98$0
Nov 2008055.496.86$0
Oct 2008075.246.92$0
Sep 20080101.767.88$0
Aug 20080114.228.48$0
Jul 200843131.0811.39$490
Jun 2008445131.3313.03$5,800
May 2008741123.1711.57$8,577
Apr 2008842110.3110.45$8,803
Mar 20081,171101.909.66$11,317
Feb 20081,29592.538.77$11,358
Jan 20081,06090.388.21$8,698
Dec 20071,67888.337.30$12,253
Nov 200759191.677.29$4,309
Oct 200763382.856.92$4,382
Sep 20071,21975.846.24$7,612
Aug 20071,43069.066.39$9,135
Jul 20071,37770.906.39$8,796
Jun 20072,32462.007.55$17,543
May 20072,39858.747.85$18,815
Apr 20073,30659.617.81$25,804
Mar 20073,44656.927.30$25,163
Feb 20075,36555.108.22$44,079
Jan 20076,00150.306.73$40,368
Dec 20066,04156.656.92$41,794
Nov 20065,54754.207.62$42,254
Oct 20065,32854.906.01$32,042
Sep 20065,13960.085.04$25,886
Aug 20065,65468.717.34$41,500
Jul 20067,01769.376.34$44,507
Jun 20065,99866.286.38$38,291
May 20066,22266.016.42$39,976
Apr 20064,78564.397.36$35,220
Mar 20065,63556.707.08$39,912
Feb 20065,51157.597.75$42,716
Jan 20066,46660.598.93$57,763
Dec 20056,46454.9413.42$86,717
Nov 20056,12154.6910.59$64,812
Oct 20055,96758.3413.80$82,319
Sep 20054,43761.4512.08$53,595
Aug 20055,35261.519.80$52,433
Jul 20056,18455.697.84$48,505
Jun 20053,47552.337.38$25,649
May 200529845.226.65$1,982

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 2008 — as filed, then multipliedworked
Gas                   43 Mcf  × $ 11.39 =       $490

────────────────────────────────────────────────────
Month total                                     $490

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/209583 is the state's own key, not one this site invented.