COCKBURN DEEP FRIO UNIT NO.1

Operated by MILAGRO EXPLORATION, LLC (P-5 566789) in the MAGNET WITHERS (FRIO CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 242508District 03Field 56688586CondensateGasSaveExport
Value, all time
$692 k
Jul 2008 – Oct 2013
Value, last 12 filed months
$262 k
at the published price for each month
Months reported
64
no gaps in the span
Streams
2
condensate, 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 33 leases and 59 wells, and the rule below applies to all of them.

Discovered
2007-07-17
as the register files it
Field class
Oil and 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 40 acres. The field rule took effect on 2007-07-17.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA WHICH IS SUSPENDED.

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
CondensateDisposition3,589 bbl$331,901
GasProduction90,691 Mcf$360,019
Total$691,920

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 29.1531, -96.0318. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.15313, -96.03177 · 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
0.0%
0 of 1 wells
Median depth
6,250 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
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 6,250 ft.

Completions filed
Jan 2014
1 of 1 wells

1 well

42-4813498856,250 ftJan 2014Yes

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 (64)

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

64 months

Oct 20130097.423.78$0
Sep 20130406104.113.72$1,509
Aug 20137445104.253.52$2,297
Jul 2013208685102.523.72$23,871
Jun 201324148994.403.93$24,674
May 20132031,07394.834.15$23,702
Apr 201307,93093.964.28$33,961
Mar 2013010,13993.623.91$39,673
Feb 201308,53991.233.42$29,203
Jan 2013014,72791.603.42$50,365
Dec 201209,60186.773.42$32,837
Nov 2012010186.953.62$366
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 2012031692.662.91$919
Jul 2012335485.133.02$1,325
Jun 20125231579.822.52$4,944
May 20129234191.612.49$9,277
Apr 201294335101.652.00$10,224
Mar 2012120358105.052.22$13,402
Feb 2012170342101.102.57$18,066
Jan 201215738198.092.73$16,442
Dec 201115435896.873.24$16,078
Nov 201110533695.723.31$11,163
Oct 201111136484.983.65$10,761
Sep 201112351383.623.99$12,330
Aug 201114352283.404.15$14,092
Jul 201124758694.144.52$25,900
Jun 201117335392.904.64$17,710
May 2011679598.134.40$6,993
Apr 201186288105.964.33$10,361
Mar 20118910596.364.06$9,002
Feb 2011698885.644.18$6,277
Jan 20112820586.504.59$3,363
Dec 20103249285.734.35$4,882
Nov 2010202,99480.843.80$12,980
Oct 201026,14178.103.51$21,704
Sep 2010242,32772.633.98$11,003
Aug 2010788573.684.42$6,123
Jul 201010811972.554.74$8,399
Jun 20101094970.364.91$7,910
May 201015032671.124.24$12,049
Apr 2010348681.694.12$3,132
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 2009032567.423.22$1,046
Jul 200901,08261.133.46$3,749
Jun 200901,98766.163.90$7,739
May 200901,75054.743.93$6,870
Apr 200901,59446.773.59$5,718
Mar 200901,46142.144.06$5,930
Feb 200902,47632.814.63$11,471
Jan 200901,17135.865.37$6,289
Dec 200801,12537.105.98$6,724
Nov 2008379755.496.86$5,634
Oct 20083646175.246.92$5,900
Sep 2008105914101.767.88$17,884
Aug 20081141,727114.228.48$27,671
Jul 200832512131.0811.39$10,026

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.

Sep 2013 — as filed, then multipliedworked
Condensate             0 bbl  × $104.11 =         $0
Gas                  406 Mcf  × $  3.72 =     $1,509

────────────────────────────────────────────────────
Month total                                   $1,509

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/242508 is the state's own key, not one this site invented.