COCHRAN, JOE

Operated by VERUS ENERGY, INC (P-5 888715) in the GARWOOD, NW. (WILCOX A-3) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 11196District 03Field 34094130OilCasinghead gasSaveExport
Value, all time
$246 k
Jan 1993 – Oct 2003
Value, last 12 filed months
$0
at the published price for each month
Months reported
130
no gaps in the span
Streams
2
oil, casinghead 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 2 leases and 3 wells, and the rule below applies to all of them.

Discovered
1976-05-10
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
OilDisposition14,284 bbl$242,234
Casinghead gasProduction7,716 Mcf$3,608
Total$245,842

6,324 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 29.4051, -96.5861. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.40507, -96.58608 · 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
8,857 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 8,857 ft.

Completions filed
Sep 2001
1 of 1 wells

1 well

42-0893054018,857 ftSep 2001Yes

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 (130)

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

130 months

Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 2002159017.172.38$2,730
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19982011.242.24$22
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 199808813.952.30$202
Jan 199833912414.702.15$5,250
Dec 199731812416.322.41$5,489
Nov 1997012018.193.09$371
Oct 199711012419.253.15$2,508
Sep 199717912017.742.95$3,530
Aug 199717512417.862.55$3,442
Jul 199735012417.582.25$6,432
Jun 1997012017.242.26$271
May 19971823618.972.31$3,536
Apr 19970017.882.08$0
Mar 199706018.951.94$116
Feb 199735111220.492.21$7,439
Jan 199716811623.483.54$4,355
Dec 199617512423.32$4,081
Nov 199617412021.97$3,823
Oct 199634212423.31$7,972
Sep 199616912022.22$3,755
Aug 199633012420.26$6,686
Jul 199617113019.55$3,343
Jun 199634113318.73$6,387
May 199616710519.43$3,245
Apr 199616610221.51$3,571
Mar 199617112119.38$3,314
Feb 199617115616.98$2,904
Jan 199635310317.07$6,026
Dec 199518111417.19$3,111
Nov 199534311516.00$5,488
Oct 199517815215.43$2,747
Sep 199517915616.18$2,896
Aug 199535412515.92$5,636
Jul 199534516115.24$5,258
Jun 199517715316.41$2,905
May 199534317817.56$6,023
Apr 199503717.73$0
Mar 1995174216.44$2,861
Feb 199517813116.58$2,951
Jan 19951809715.92$2,866
Dec 199418011115.03$2,705
Nov 199435815015.90$5,692
Oct 199417913415.58$2,789
Sep 199417910915.29$2,737
Aug 199418114816.13$2,920
Jul 199435611317.56$6,251
Jun 199418015717.09$3,076
May 199435115515.88$5,574
Apr 199433214914.14$4,694
Mar 199436114812.46$4,498
Feb 199418312912.50$2,288
Jan 199417917112.66$2,266
Dec 199354316712.33$6,695
Nov 199318013414.49$2,608
Oct 19933589515.85$5,674
Sep 199317917615.03$2,690
Aug 199335718215.66$5,591
Jul 199335921015.46$5,550
Jun 199335213016.79$5,910
May 199335117217.68$6,206
Apr 199317913918.05$3,231
Mar 199335715818.14$6,476
Feb 199317512017.90$3,133
Jan 19931808416.93$3,047

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.

Jan 2002 — as filed, then multipliedworked
Oil                  159 bbl  × $ 17.17 =     $2,730
Casinghead gas         0 Mcf  × $  2.38 =         $0

────────────────────────────────────────────────────
Month total                                   $2,730

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/O/11196 is the state's own key, not one this site invented.