COLE GAS UNIT

Operated by EOG RESOURCES, INC. (P-5 253162) in the WHITE POINT, E. (GRIMSHAW) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 154054District 04Field 96979075CondensateGasSaveExport
Value, all time
$4.7 M
Dec 1994 – May 2005
Value, last 12 filed months
$56 k
at the published price for each month
Months reported
126
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
1995-07-23
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
CondensateDisposition512 bbl$15,977
GasProduction1,691,855 Mcf$4,655,857
Total$4,671,833

579,069 Mcf of this lease's gas, across 25 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 27.8938, -97.4299. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.89375, -97.42985 · 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
10,715 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 10,715 ft.

Completions filed
May 2005
1 of 1 wells

1 well

42-40932455310,715 ftMay 2005Yes

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 (126)

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

126 months

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 2004419543.245.28$1,203
Aug 2004262,29642.375.55$13,846
Jul 2004333,26838.286.08$21,146
Jun 2004322,84236.106.43$19,438
May 2004242,09637.486.49$14,512
Apr 2004282,73734.475.86$17,000
Mar 200404,63234.365.53$25,616
Feb 200404,83532.455.51$26,639
Jan 200405,05632.036.30$31,851
Dec 200335,25830.266.30$33,225
Nov 2003295,05228.804.60$24,050
Oct 2003255,62828.174.76$27,492
Sep 2003306,22926.314.75$30,373
Aug 2003317,00729.765.13$36,867
Jul 2003286,14629.415.17$32,603
Jun 2003336,31428.565.98$38,719
May 2003377,08826.595.97$43,318
Apr 2003706,27726.675.41$35,808
Mar 2003796,05031.146.10$39,341
Feb 200304,92333.487.93$39,019
Jan 200305,08130.315.58$28,362
Dec 200205,55426.914.85$26,958
Nov 200205,81424.664.14$24,052
Oct 200206,97426.464.23$29,494
Sep 2002010,12227.443.64$36,795
Aug 2002010,40725.963.16$32,929
Jul 2002010,45724.583.06$32,017
Jun 2002010,50423.733.34$35,065
May 2002011,45224.663.58$41,044
Apr 2002017,73623.653.51$62,295
Mar 2002013,35422.003.10$41,434
Feb 2002011,17018.222.38$26,536
Jan 2002011,92517.172.38$28,330
Dec 2001012,40716.932.36$29,335
Nov 2001012,31718.072.41$29,629
Oct 2001020,03419.782.53$50,664
Sep 2001011,24424.262.25$25,314
Aug 2001012,45724.873.05$38,033
Jul 2001013,46023.933.20$43,033
Jun 2001021,51324.563.82$82,269
May 2001021,51125.524.31$92,655
Apr 2001023,70924.685.34$126,495
Mar 2001030,06924.545.38$161,664
Feb 2001032,93127.755.77$189,916
Jan 2001051,24427.478.40$430,386
Dec 2000050,64426.889.12$462,000
Nov 2000050,98732.215.66$288,484
Oct 2000051,52431.235.15$265,117
Sep 2000052,22131.875.19$270,844
Aug 2000027,51029.644.54$124,916
Jul 200006,46228.534.09$26,428
Jun 200005,77429.304.40$25,390
May 200005,13627.263.68$18,899
Apr 200004,84724.513.12$15,103
Mar 200006,63728.422.86$18,980
Feb 200006,29427.622.73$17,161
Jan 200006,64625.272.48$16,485
Dec 199906,69624.282.42$16,229
Nov 199908,07523.192.43$19,654
Oct 199908,43420.982.80$23,646
Sep 199903,49821.752.62$9,161
Aug 199905,51719.262.88$15,865
Jul 199907,97617.892.37$18,922
Jun 199907,98015.942.36$18,850
May 199908,19015.792.32$19,009
Apr 199908,23715.102.21$18,188
Mar 199909,20012.471.84$16,913
Feb 199908,5209.981.82$15,488
Jan 199909,26810.381.90$17,609
Dec 199808,8119.201.77$15,625
Nov 199808,64110.892.19$18,887
Oct 1998010,14612.421.97$19,980
Sep 199808,72412.592.08$18,169
Aug 1998010,59911.301.91$20,216
Jul 1998012,08711.742.24$27,042
Jun 199809,30011.242.24$20,807
May 1998012,87012.622.21$28,396
Apr 1998012,48013.042.51$31,267
Mar 1998013,27412.802.31$30,656
Feb 1998013,11913.952.30$30,162
Jan 1998015,03814.702.15$32,404
Dec 1997014,80716.322.41$35,701
Nov 1997013,94518.193.09$43,066
Oct 1997013,62919.253.15$42,929
Sep 1997013,92817.742.95$41,156
Aug 1997013,68017.862.55$34,949
Jul 1997014,97717.582.25$33,652
Jun 1997014,81317.242.26$33,436
May 1997015,80018.972.31$36,474
Apr 199702,16317.882.08$4,505
Mar 199702,17318.951.94$4,214
Feb 199701,94920.492.21$4,299
Jan 199702,18523.483.54$7,734
Dec 1996030723.32$0
Nov 1996012,94721.97$0
Oct 1996014,77023.31$0
Sep 1996015,39422.22$0
Aug 1996015,55420.26$0
Jul 1996016,44819.55$0
Jun 1996015,43818.73$0
May 1996016,06919.43$0
Apr 1996016,49121.51$0
Mar 1996015,66919.38$0
Feb 1996015,30316.98$0
Jan 1996015,90217.07$0
Dec 1995016,09817.19$0
Nov 1995016,66616.00$0
Oct 1995020,29315.43$0
Sep 1995020,21816.18$0
Aug 1995022,57515.92$0
Jul 1995023,90515.24$0
Jun 1995037,98216.41$0
May 1995026,48017.56$0
Apr 1995033,05417.73$0
Mar 1995045,91616.44$0
Feb 1995051,25216.58$0
Jan 1995072,77315.92$0
Dec 1994021,56515.03$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.

Sep 2004 — as filed, then multipliedworked
Condensate             4 bbl  × $ 43.24 =       $173
Gas                  195 Mcf  × $  5.28 =     $1,030

────────────────────────────────────────────────────
Month total                                   $1,203

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/154054 is the state's own key, not one this site invented.