COCKBURN OIL CORP.

Name: COCKBURN OIL CORP. lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by EXXON MOBIL CORPORATION (P-5 257128) in the MAGNET WITHERS field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 2900District 03Field 56688001OilCasinghead gasSave Export

Value, all time

$2.0 M

Jan 1993 – Aug 2005

Value, last 12 filed months

at the published price for each month

Months reported

152

no gaps in the span

Streams

oil, casinghead gas

The MAGNET WITHERS field

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 180 leases and 676 wells, and the rule below applies to all of them.

Discovered

1936-12-31

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 10 acres. The field rule took effect on 2008-04-08.

The Commission's schedule remark for this field reads: “ALLOCATION FORMULA EFFECTIVE 01/01/2009.”

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.

Stream	Basis	Volume	Value
Oil	Disposition	109,825 bbl	$1,880,729
Casinghead gas	Production	80,990 Mcf	$167,544
Total			$2,048,273

34,508 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 (2)

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 29.1515, -96.0274. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.15151, -96.02744 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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%

2 of 2 wells

With a plug date

100.0%

2 of 2 wells

Median depth

5,905 ft

2 wells filed one

Completion to plug

6.8 years

median over 2 wells

What the state filed about each well

On the RRC proration schedule

2100.0%

A plug date is filed

2100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

2100.0%

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

Between 5,540 and 6,270 ft, median 5,905 ft, over the 2 wells that filed a depth.

Completions filed

Oct 1983 – Jun 2005

2 of 2 wells

Plug dates filed

Feb 1997 – Jul 2005

2 of 2 wells

Last completion to plug: a median of 6.8 years across the 2 wells that filed both dates, with the middle half between 3.4 years and 10.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells


42-48102566	1	5,540 ft	Jun 2005	Jul 2005	Yes
42-48102563	2 F	6,270 ft	Oct 1983	Feb 1997	Yes

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 (152)

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

152 months


Aug 2005	0	0	61.51	9.80	$0
Jul 2005	0	0	55.69	7.84	$0
Jun 2005	0	0	52.33	7.38	$0
May 2005	0	0	45.22	6.65	$0
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	0	0	50.37	7.15	$0
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	0	0	36.10	6.43	$0
May 2004	0	0	37.48	6.49	$0
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	0	0	32.03	6.30	$0
Dec 2003	0	0	30.26	6.30	$0
Nov 2003	0	0	28.80	4.60	$0
Oct 2003	0	0	28.17	4.76	$0
Sep 2003	0	0	26.31	4.75	$0
Aug 2003	0	0	29.76	5.13	$0
Jul 2003	0	0	29.41	5.17	$0
Jun 2003	0	0	28.56	5.98	$0
May 2003	0	0	26.59	5.97	$0
Apr 2003	0	0	26.67	5.41	$0
Mar 2003	0	0	31.14	6.10	$0
Feb 2003	0	0	33.48	7.93	$0
Jan 2003	0	0	30.31	5.58	$0
Dec 2002	0	0	26.91	4.85	$0
Nov 2002	0	0	24.66	4.14	$0
Oct 2002	0	0	26.46	4.23	$0
Sep 2002	0	0	27.44	3.64	$0
Aug 2002	0	0	25.96	3.16	$0
Jul 2002	0	0	24.58	3.06	$0
Jun 2002	0	0	23.73	3.34	$0
May 2002	0	0	24.66	3.58	$0
Apr 2002	0	0	23.65	3.51	$0
Mar 2002	2	357	22.00	3.10	$1,152
Feb 2002	4	947	18.22	2.38	$2,323
Jan 2002	0	0	17.17	2.38	$0
Dec 2001	3	0	16.93	2.36	$51
Nov 2001	21	0	18.07	2.41	$379
Oct 2001	123	363	19.78	2.53	$3,351
Sep 2001	496	597	24.26	2.25	$13,377
Aug 2001	133	1,265	24.87	3.05	$7,170
Jul 2001	143	709	23.93	3.20	$5,689
Jun 2001	0	0	24.56	3.82	$0
May 2001	1	0	25.52	4.31	$26
Apr 2001	7	0	24.68	5.34	$173
Mar 2001	43	0	24.54	5.38	$1,055
Feb 2001	249	801	27.75	5.77	$11,529
Jan 2001	337	1,980	27.47	8.40	$25,887
Dec 2000	324	2,245	26.88	9.12	$29,189
Nov 2000	329	2,669	32.21	5.66	$25,698
Oct 2000	338	3,025	31.23	5.15	$26,121
Sep 2000	161	921	31.87	5.19	$9,908
Aug 2000	0	0	29.64	4.54	$0
Jul 2000	0	0	28.53	4.09	$0
Jun 2000	4	0	29.30	4.40	$117
May 2000	27	1,739	27.26	3.68	$7,135
Apr 2000	149	1,968	24.51	3.12	$9,784
Mar 2000	122	708	28.42	2.86	$5,492
Feb 2000	109	1,305	27.62	2.73	$6,569
Jan 2000	348	425	25.27	2.48	$9,848
Dec 1999	293	47	24.28	2.42	$7,228
Nov 1999	364	1,316	23.19	2.43	$11,644
Oct 1999	752	2,439	20.98	2.80	$22,615
Sep 1999	1,026	1,966	21.75	2.62	$27,464
Aug 1999	807	1,785	19.26	2.88	$20,676
Jul 1999	780	1,857	17.89	2.37	$18,360
Jun 1999	960	2,090	15.94	2.36	$20,239
May 1999	941	1,802	15.79	2.32	$19,041
Apr 1999	959	1,125	15.10	2.21	$16,965
Mar 1999	630	536	12.47	1.84	$8,841
Feb 1999	0	0	9.98	1.82	$0
Jan 1999	0	0	10.38	1.90	$0
Dec 1998	1	0	9.20	1.77	$9
Nov 1998	15	1,582	10.89	2.19	$3,621
Oct 1998	60	95	12.42	1.97	$932
Sep 1998	404	245	12.59	2.08	$5,597
Aug 1998	865	605	11.30	1.91	$10,928
Jul 1998	920	868	11.74	2.24	$12,743
Jun 1998	1,061	888	11.24	2.24	$13,912
May 1998	1,206	912	12.62	2.21	$17,232
Apr 1998	1,433	555	13.04	2.51	$20,077
Mar 1998	1,553	224	12.80	2.31	$20,396
Feb 1998	1,445	215	13.95	2.30	$20,652
Jan 1998	1,309	242	14.70	2.15	$19,764
Dec 1997	1,755	247	16.32	2.41	$29,237
Nov 1997	1,663	243	18.19	3.09	$31,000
Oct 1997	1,694	254	19.25	3.15	$33,410
Sep 1997	1,334	251	17.74	2.95	$24,407
Aug 1997	1,467	254	17.86	2.55	$26,850
Jul 1997	680	255	17.58	2.25	$12,527
Jun 1997	2,073	267	17.24	2.26	$36,341
May 1997	1,350	264	18.97	2.31	$26,219
Apr 1997	1,698	258	17.88	2.08	$30,898
Mar 1997	1,741	261	18.95	1.94	$33,498
Feb 1997	1,397	240	20.49	2.21	$29,154
Jan 1997	1,651	270	23.48	3.54	$39,721
Dec 1996	1,596	283	23.32	—	$37,219
Nov 1996	1,786	243	21.97	—	$39,238
Oct 1996	1,110	279	23.31	—	$25,874
Sep 1996	921	186	22.22	—	$20,465
Aug 1996	860	142	20.26	—	$17,424
Jul 1996	942	152	19.55	—	$18,416
Jun 1996	837	144	18.73	—	$15,677
May 1996	440	305	19.43	—	$8,549
Apr 1996	1,139	999	21.51	—	$24,500
Mar 1996	1,723	666	19.38	—	$33,392
Feb 1996	1,683	485	16.98	—	$28,577
Jan 1996	1,718	333	17.07	—	$29,326
Dec 1995	1,752	370	17.19	—	$30,117
Nov 1995	1,790	525	16.00	—	$28,640
Oct 1995	2,013	539	15.43	—	$31,061
Sep 1995	1,965	492	16.18	—	$31,794
Aug 1995	1,517	749	15.92	—	$24,151
Jul 1995	1,554	615	15.24	—	$23,683
Jun 1995	1,604	485	16.41	—	$26,322
May 1995	1,051	998	17.56	—	$18,456
Apr 1995	1,390	1,516	17.73	—	$24,645
Mar 1995	1,404	1,634	16.44	—	$23,082
Feb 1995	1,274	1,337	16.58	—	$21,123
Jan 1995	1,472	1,046	15.92	—	$23,434
Dec 1994	1,493	1,470	15.03	—	$22,440
Nov 1994	1,369	1,233	15.90	—	$21,767
Oct 1994	1,427	1,125	15.58	—	$22,233
Sep 1994	1,382	767	15.29	—	$21,131
Aug 1994	1,371	595	16.13	—	$22,114
Jul 1994	1,398	662	17.56	—	$24,549
Jun 1994	1,514	815	17.09	—	$25,874
May 1994	1,596	891	15.88	—	$25,344
Apr 1994	1,607	971	14.14	—	$22,723
Mar 1994	1,663	1,115	12.46	—	$20,721
Feb 1994	1,487	863	12.50	—	$18,588
Jan 1994	1,675	601	12.66	—	$21,206
Dec 1993	1,699	653	12.33	—	$20,949
Nov 1993	1,622	802	14.49	—	$23,503
Oct 1993	734	561	15.85	—	$11,634
Sep 1993	1,472	293	15.03	—	$22,124
Aug 1993	1,714	344	15.66	—	$26,841
Jul 1993	1,782	353	15.46	—	$27,550
Jun 1993	1,314	556	16.79	—	$22,062
May 1993	1,397	882	17.68	—	$24,699
Apr 1993	1,314	944	18.05	—	$23,718
Mar 1993	1,903	1,246	18.14	—	$34,520
Feb 1993	1,861	1,103	17.90	—	$33,312
Jan 1993	1,730	1,140	16.93	—	$29,289

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 2002 — as filed, then multipliedworked

Oil                    2 bbl  × $ 22.00 =        $44
Casinghead gas       357 Mcf  × $  3.10 =     $1,108

────────────────────────────────────────────────────
Month total                                   $1,152

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/2900 is the state's own key, not one this site invented.