COBB, F. G. -B-

Operated by APACHE CORPORATION (P-5 27200) in the BAY CITY (7450, E.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 20998District 03Field 06287258OilCasinghead gasSaveExport
Value, all time
$221 k
Jan 1993 – May 1998
Value, last 12 filed months
$69 k
at the published price for each month
Months reported
65
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 4 leases and 5 wells, and the rule below applies to all of them.

Discovered
1971-06-08
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
OilDisposition10,242 bbl$179,267
Casinghead gasProduction47,144 Mcf$41,941
Total$221,208

30,937 Mcf of this lease's gas, across 36 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 29.0485, -95.9565. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.04855, -95.95647 · 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
11,000 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 11,000 ft.

Completions filed
Dec 2003
1 of 1 wells

1 well

42-3210045039A11,000 ftDec 2003Yes

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 (65)

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

65 months

May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19981932512.802.31$994
Feb 199814496913.952.30$4,237
Jan 19982725,00014.702.15$14,772
Dec 19973032416.322.41$5,003
Nov 19972192,42318.193.09$11,466
Oct 19971782,18219.253.15$10,299
Sep 19972031,85217.742.95$9,074
Aug 19971451,89817.862.55$7,439
Jul 19974212417.582.25$1,017
Jun 199720631417.242.26$4,260
May 199710135318.972.31$2,731
Apr 199722013717.882.08$4,219
Mar 199733645418.951.94$7,248
Feb 1997503920.492.21$1,111
Jan 19974311323.483.54$1,410
Dec 199616146223.32$3,755
Nov 199615285121.97$3,339
Oct 19961811,03023.31$4,219
Sep 199619776622.22$4,377
Aug 199623988920.26$4,842
Jul 199622978619.55$4,477
Jun 199619149218.73$3,577
May 199622645419.43$4,391
Apr 199618652821.51$4,001
Mar 19962271,61619.38$4,399
Feb 199620286816.98$3,430
Jan 199618488817.07$3,141
Dec 19951771,18217.19$3,043
Nov 199515027116.00$2,400
Oct 199517648415.43$2,716
Sep 199517554616.18$2,832
Aug 199518283115.92$2,897
Jul 19951491,05915.24$2,271
Jun 19951921,75516.41$3,151
May 19952211,13317.56$3,881
Apr 199513467117.73$2,376
Mar 199523555716.44$3,863
Feb 199522481216.58$3,714
Jan 199525017615.92$3,980
Dec 199424220915.03$3,637
Nov 199421880815.90$3,466
Oct 199441455615.58$6,450
Sep 199474398415.29$11,360
Aug 19940016.13$0
Jul 19940017.56$0
Jun 19940017.09$0
May 19940015.88$0
Apr 19940014.14$0
Mar 19940012.46$0
Feb 19940012.50$0
Jan 19940012.66$0
Dec 19930012.33$0
Nov 19930014.49$0
Oct 19930015.85$0
Sep 19933015.03$45
Aug 19937570015.66$1,175
Jul 19931661,43515.46$2,566
Jun 199320532116.79$3,442
May 1993201117.68$3,554
Apr 199321243018.05$3,827
Mar 199323815418.14$4,317
Feb 19931842,64017.90$3,294
Jan 19932203,59216.93$3,725

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 1998 — as filed, then multipliedworked
Oil                   19 bbl  × $ 12.80 =       $243
Casinghead gas       325 Mcf  × $  2.31 =       $751

────────────────────────────────────────────────────
Month total                                     $994

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/20998 is the state's own key, not one this site invented.