GRENADINE "B"

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 223711District 03Field 87840200GasSaveExport
Value, all time
$860 k
Sep 2006 – Aug 2009
Value, last 12 filed months
$78 k
at the published price for each month
Months reported
36
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
GasProduction114,131 Mcf$860,036
Total$860,036

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 30.1484, -94.5952. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.14836, -94.59520 · 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
5,000 ft
1 wells filed one
Completion to plug
2.9 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 5,000 ft.

Completions filed
Sep 2006
1 of 1 wells
Plug dates filed
Aug 2009
1 of 1 wells

Last completion to plug: a median of 2.9 years across the 1 well that filed both dates, with the middle half between 2.9 years and 2.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1993303345,000 ftSep 2006Aug 2009Yes

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 (36)

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

36 months

Aug 2009067.423.22$0
Jul 2009061.133.46$0
Jun 2009066.163.90$0
May 2009054.743.93$0
Apr 2009046.773.59$0
Mar 20091,40442.144.06$5,699
Feb 20091,21932.814.63$5,648
Jan 20091,64035.865.37$8,808
Dec 20082,18137.105.98$13,036
Nov 20081,41655.496.86$9,714
Oct 20082,31275.246.92$16,004
Sep 20082,396101.767.88$18,874
Aug 20081,533114.228.48$13,004
Jul 20082,020131.0811.39$23,007
Jun 20082,151131.3313.03$28,033
May 20082,609123.1711.57$30,197
Apr 20083,328110.3110.45$34,794
Mar 20083,656101.909.66$35,332
Feb 20083,30992.538.77$29,022
Jan 20083,45990.388.21$28,384
Dec 20073,46988.337.30$25,331
Nov 20073,29891.677.29$24,048
Oct 20073,48682.856.92$24,130
Sep 20073,39775.846.24$21,211
Aug 20073,25369.066.39$20,780
Jul 20073,18370.906.39$20,333
Jun 20073,09162.007.55$23,332
May 20072,98958.747.85$23,453
Apr 20075,40059.617.81$42,148
Mar 20077,64556.927.30$55,824
Feb 20077,10055.108.22$58,334
Jan 20077,82750.306.73$52,651
Dec 20067,58756.656.92$52,490
Nov 20067,49554.207.62$57,093
Oct 20067,73254.906.01$46,499
Sep 20062,54660.085.04$12,825

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.

Mar 2009 — as filed, then multipliedworked
Gas                1,404 Mcf  × $  4.06 =     $5,699

────────────────────────────────────────────────────
Month total                                   $5,699

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/223711 is the state's own key, not one this site invented.