COPANO BAY STATE

Operated by LIVE OAK RESERVES, INC. (P-5 503944) in the FULTON BEACH, W. (5100 MIOCENE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 147015District 04Field 33305954CondensateGasSaveExport
Value, all time
$736 k
Oct 1993 – Sep 2006
Value, last 12 filed months
$0
at the published price for each month
Months reported
156
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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered
1993-10-08
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
CondensateDisposition6,839 bbl$104,849
GasProduction914,351 Mcf$630,828
Total$735,677

646,389 Mcf of this lease's gas, across 39 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 28.1182, -97.0804. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.11824, -97.08044 · 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
7,940 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 7,940 ft.

Completions filed
Nov 2008
1 of 1 wells

1 well

42-00730739797,940 ftNov 2008Yes

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 (156)

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

156 months

Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
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 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
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 199904,86520.982.80$13,640
Sep 199904,36021.752.62$11,418
Aug 199905,08519.262.88$14,622
Jul 199908,14617.892.37$19,325
Jun 199907,21515.942.36$17,043
May 199904,90415.792.32$11,382
Apr 199905,15415.102.21$11,380
Mar 199905,53512.471.84$10,175
Feb 199908,5299.981.82$15,504
Jan 199909,33610.381.90$17,738
Dec 199807,8959.201.77$14,000
Nov 199806,99610.892.19$15,291
Oct 199808,54312.421.97$16,823
Sep 199807,81612.592.08$16,278
Aug 199808,74511.301.91$16,680
Jul 199808,50011.742.24$19,017
Jun 199808,55811.242.24$19,147
May 199809,25212.622.21$20,413
Apr 199809,34413.042.51$23,410
Mar 199809,99012.802.31$23,071
Feb 199808,13313.952.30$18,699
Jan 199809,45114.702.15$20,365
Dec 199708,40516.322.41$20,265
Nov 199708,87718.193.09$27,414
Oct 199709,83919.253.15$30,991
Sep 199709,94117.742.95$29,374
Aug 1997010,56117.862.55$26,981
Jul 199706,61617.582.25$14,866
Jun 199706,46417.242.26$14,591
May 199707,14818.972.31$16,501
Apr 199707,19017.882.08$14,975
Mar 199708,27818.951.94$16,052
Feb 199708,50920.492.21$18,770
Jan 199709,78223.483.54$34,625
Dec 1996010,36423.32$0
Nov 199609,60221.97$0
Oct 1996010,38223.31$0
Sep 1996010,56722.22$0
Aug 1996011,92520.26$0
Jul 1996015,73619.55$0
Jun 1996011,93418.73$0
May 1996011,57419.43$0
Apr 1996011,18921.51$0
Mar 19968712,89919.38$1,686
Feb 1996012,25216.98$0
Jan 1996013,55317.07$0
Dec 1995025,25217.19$0
Nov 1995025,27016.00$0
Oct 199518521,02115.43$2,855
Sep 199518523,18816.18$2,993
Aug 199518719,41615.92$2,977
Jul 199515818,22115.24$2,408
Jun 199522118,14816.41$3,627
May 199522418,35017.56$3,933
Apr 199522719,34117.73$4,025
Mar 199519718,86416.44$3,239
Feb 199522417,35916.58$3,714
Jan 199523718,27515.92$3,773
Dec 199437125,07915.03$5,576
Nov 199426823,43515.90$4,261
Oct 199438323,60215.58$5,967
Sep 199435120,72915.29$5,367
Aug 199437515,83616.13$6,049
Jul 199425715,25417.56$4,513
Jun 199426014,70617.09$4,443
May 199427615,24215.88$4,383
Apr 199424815,28714.14$3,507
Mar 199428415,13812.46$3,539
Feb 199426413,57512.50$3,300
Jan 199433115,91412.66$4,190
Dec 199343816,09212.33$5,401
Nov 199329516,16314.49$4,275
Oct 199330615,65515.85$4,850

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.

Oct 1999 — as filed, then multipliedworked
Condensate             0 bbl  × $ 20.98 =         $0
Gas                4,865 Mcf  × $  2.80 =    $13,640

────────────────────────────────────────────────────
Month total                                  $13,640

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/147015 is the state's own key, not one this site invented.