COCKBURN, H. C.

Operated by EXXON CORP. (P-5 257097) in the MAGNET WITHERS (F-11-B, E.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 8460District 03Field 56688198NGPA filingOilCasinghead gasSaveExport
Value, all time
$137 k
Jan 1993 – Mar 1996
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
39
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 6 leases and 22 wells, and the rule below applies to all of them.

Discovered
1964-11-20
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres.

The Commission's schedule remark for this field reads: MAGNET WITHERS (FRIO CONS.) FIELD.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
OilDisposition8,763 bbl$136,664
Casinghead gasProduction8,260 Mcf$0
Total$136,664

8,260 Mcf of this lease's gas, across 32 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 (12)

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 29.1466, -96.0422. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles. 3 wells have no surveyed location and are left out of it.

29.14604, -96.04102 · centre of 9 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%
12 of 12 wells
With a plug date
66.7%
8 of 12 wells
Median depth
7,394 ft
9 wells filed one
Completion to plug
6.3 years
median over 8 wells

What the state filed about each well

On the RRC proration schedule
12100.0%
A plug date is filed
866.7%
BothOn the schedule and plugged. Neither fact cancels the other.
866.7%
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

Total depth in feet, 9 of 12 wells. Median 7,394 ft, with the middle half between 7,150 and 7,538 ft; the shallowest is 6,950 ft and the deepest 7,560 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 9 of 12 wells, May 1982 – Aug 2008. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
May 1982 – Aug 2008
9 of 12 wells; 3 filed none
Plug dates filed
Dec 1985 – Feb 2003
8 of 12 wells; 4 filed none

Last completion to plug: a median of 6.3 years across the 8 wells that filed both dates, with the middle half between 2.4 years and 9.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

12 wells

42-4818159788Yes
42-4818159973 IYes
42-4818160389 FYes
42-481328881347,483 ftAug 2008Yes
42-4810337172 H7,538 ftAug 1993Feb 2003Yes
42-4810360987 H7,150 ftMay 1989Aug 1991Yes
42-4810361586 H7,394 ftJan 1988Jan 1996Yes
42-4810350982 D7,560 ftDec 1986Nov 1995Yes
42-4810336970 H7,556 ftFeb 1985Dec 1985Yes
42-4810337273 J7,363 ftMay 1984Nov 1986Yes
42-4810365688 D6,960 ftSep 1983Feb 1988Yes
42-4810351081 D6,950 ftMay 1982Nov 1995Yes

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 (39)

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

39 months

Mar 19960019.38$0
Feb 19960016.98$0
Jan 19960017.07$0
Dec 19950017.19$0
Nov 19950016.00$0
Oct 19950015.43$0
Sep 19951016.18$16
Aug 1995271315.92$430
Jul 1995361915.24$549
Jun 1995452116.41$738
May 1995463517.56$808
Apr 199511517817.73$2,039
Mar 19951789416.44$2,926
Feb 199518813216.58$3,117
Jan 199528924315.92$4,601
Dec 199434941215.03$5,245
Nov 199433823815.90$5,374
Oct 199433726415.58$5,250
Sep 199430123615.29$4,602
Aug 199425213916.13$4,065
Jul 1994683717.56$1,194
Jun 199421223117.09$3,623
May 199437433815.88$5,939
Apr 19941533914.14$2,163
Mar 199438816712.46$4,834
Feb 19943356812.50$4,188
Jan 19943898712.66$4,925
Dec 199343612612.33$5,376
Nov 199361718914.49$8,940
Oct 199343749415.85$6,926
Sep 199317943915.03$2,690
Aug 199317421915.66$2,725
Jul 199334233215.46$5,287
Jun 199311519316.79$1,931
May 199339858417.68$7,037
Apr 199340955618.05$7,382
Mar 199342479918.14$7,691
Feb 199333070017.90$5,907
Jan 199348163816.93$8,143

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 1995 — as filed, then multipliedworked
Oil                    1 bbl  × $ 16.18 =        $16
Casinghead gas         0 Mcf  ×  no price            —

────────────────────────────────────────────────────
Month total                                      $16

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/8460 is the state's own key, not one this site invented.