STATE OF TEXAS NO. 53063

Operated by CABOT OIL & GAS CORPORATION (P-5 121700) in the STEDMAN ISLAND (7600) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 141195District 04Field 85771650CondensateGasSaveExport
Value, all time
$484 k
Jan 1993 – Aug 2004
Value, last 12 filed months
$0
at the published price for each month
Months reported
140
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 1 leases and 1 wells, and the rule below applies to all of them.

Discovered
1991-09-25
as the register files it
Field class
Gas
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
CondensateDisposition115 bbl$3,460
GasProduction622,966 Mcf$480,774
Total$484,234

458,977 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 27.8924, -97.1046. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.89242, -97.10458 · 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
100.0%
1 of 1 wells
Median depth
10,856 ft
1 wells filed one
Completion to plug
12.5 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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 10,856 ft.

Completions filed
Feb 1992
1 of 1 wells
Plug dates filed
Aug 2004
1 of 1 wells

Last completion to plug: a median of 12.5 years across the 1 well that filed both dates, with the middle half between 12.5 years and 12.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-35506214110,856 ftFeb 1992Aug 2004Yes

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 (140)

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

140 months

Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
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 200201423.653.51$49
Mar 200202522.003.10$78
Feb 2002021118.222.38$501
Jan 2002013417.172.38$318
Dec 200104516.932.36$106
Nov 200103918.072.41$94
Oct 200102919.782.53$73
Sep 200103724.262.25$83
Aug 200102624.873.05$79
Jul 2001010123.933.20$323
Jun 200111024.563.82$63
May 200101025.524.31$43
Apr 200101524.685.34$80
Mar 200111924.545.38$127
Feb 200143127.755.77$290
Jan 20011463727.478.40$5,735
Dec 2000112,52626.889.12$23,339
Nov 2000213,83832.215.66$22,392
Oct 2000103,62431.235.15$18,960
Sep 2000273,40231.875.19$18,505
Aug 2000264,32329.644.54$20,400
Jul 200003,03728.534.09$12,421
Jun 200002,21429.304.40$9,736
May 200005,52227.263.68$20,320
Apr 200003,94124.513.12$12,280
Mar 200003,99028.422.86$11,410
Feb 200004,44927.622.73$12,130
Jan 200003,98325.272.48$9,880
Dec 199904,06624.282.42$9,855
Nov 199903,01823.192.43$7,346
Oct 199902,86220.982.80$8,024
Sep 199905,88121.752.62$15,401
Aug 199903,98619.262.88$11,462
Jul 199904,87117.892.37$11,556
Jun 199903,01015.942.36$7,110
May 199902,99615.792.32$6,954
Apr 199902,33115.102.21$5,147
Mar 199902,59212.471.84$4,765
Feb 19990269.981.82$47
Jan 199902,56310.381.90$4,870
Dec 199802,7599.201.77$4,893
Nov 199801,52510.892.19$3,333
Oct 199801,10412.421.97$2,174
Sep 199804,14012.592.08$8,622
Aug 199804,28211.301.91$8,167
Jul 199804,43711.742.24$9,927
Jun 199804,38611.242.24$9,813
May 199804,16512.622.21$9,189
Apr 199804,41513.042.51$11,061
Mar 199803,82612.802.31$8,836
Feb 199803,29413.952.30$7,573
Jan 199804,09114.702.15$8,815
Dec 199702,33416.322.41$5,628
Nov 199701,36718.193.09$4,222
Oct 199704,55519.253.15$14,347
Sep 199704,64317.742.95$13,720
Aug 199704,72517.862.55$12,071
Jul 199704,83417.582.25$10,862
Jun 199704,61617.242.26$10,419
May 199705718.972.31$132
Apr 19970417.882.08$8
Mar 199701,08018.951.94$2,094
Feb 199704,18620.492.21$9,234
Jan 199704,73023.483.54$16,743
Dec 199603,96323.32$0
Nov 199603,14921.97$0
Oct 199604,80823.31$0
Sep 199605,27022.22$0
Aug 199605,75420.26$0
Jul 199605,89919.55$0
Jun 199605,14718.73$0
May 199605,66019.43$0
Apr 199604,73421.51$0
Mar 199605,59919.38$0
Feb 199604,87316.98$0
Jan 199605,52117.07$0
Dec 199504,85517.19$0
Nov 199505,38216.00$0
Oct 199505,45915.43$0
Sep 199505,00616.18$0
Aug 199505,51015.92$0
Jul 199505,63015.24$0
Jun 199505,11716.41$0
May 199505,40617.56$0
Apr 199505,18417.73$0
Mar 199505,58716.44$0
Feb 199502,75216.58$0
Jan 199505,73115.92$0
Dec 199405,85015.03$0
Nov 199405,81415.90$0
Oct 199405,91115.58$0
Sep 199407,39415.29$0
Aug 199405,57616.13$0
Jul 199405,64017.56$0
Jun 199405,37617.09$0
May 199405,53815.88$0
Apr 199405,37814.14$0
Mar 199405,34712.46$0
Feb 199404,74212.50$0
Jan 199404,54012.66$0
Dec 199302,85912.33$0
Nov 199309114.49$0
Oct 1993062115.85$0
Sep 199303015.03$0
Aug 19930915.66$0
Jul 1993014215.46$0
Jun 1993020,69916.79$0
May 1993044,93717.68$0
Apr 1993047,58718.05$0
Mar 1993052,73318.14$0
Feb 1993046,60617.90$0
Jan 1993053,56116.93$0

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.

Apr 2002 — as filed, then multipliedworked
Condensate             0 bbl  × $ 23.65 =         $0
Gas                   14 Mcf  × $  3.51 =        $49

────────────────────────────────────────────────────
Month total                                      $49

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. 04/G/141195 is the state's own key, not one this site invented.