COPANO BAY STATE

Operated by LIVE OAK RESERVES, INC. (P-5 503944) in the FULTON BEACH, W. (MIOCENE 4) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 176086District 04Field 33305910CondensateGasSave
Value, all time
$920 k
Oct 1999 – Sep 2006
Value, last 12 filed months
$0
at the published price for each month
Months reported
84
no gaps in the span
Streams
2
condensate, gas

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
CondensateDisposition3,751 bbl$96,424
GasProduction208,323 Mcf$824,003
Total$920,426

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 (84)

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

84 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 200249024.663.58$1,208
Apr 20021092,33623.653.51$10,783
Mar 20021132,35122.003.10$9,780
Feb 20021102,15818.222.38$7,131
Jan 20021412,57817.172.38$8,545
Dec 20011112,86516.932.36$8,653
Nov 20011093,09618.072.41$9,417
Oct 20011374,30319.782.53$13,592
Sep 20011364,08524.262.25$12,496
Aug 20011094,54624.873.05$16,591
Jul 2001721,85323.933.20$7,647
Jun 2001592,61724.563.82$11,457
May 2001743,22325.524.31$15,771
Apr 2001603,32524.685.34$19,221
Mar 2001753,42924.545.38$20,276
Feb 2001593,33827.755.77$20,888
Jan 2001753,58627.478.40$32,178
Dec 2000603,83126.889.12$36,561
Nov 2000744,11332.215.66$25,655
Oct 200022712,18231.235.15$69,772
Sep 200014714,37231.875.19$79,225
Aug 200017416,23629.644.54$78,881
Jul 200022218,08528.534.09$80,297
Jun 200018615,18129.304.40$72,204
May 200022015,65327.263.68$63,596
Apr 200022316,44524.513.12$56,708
Mar 200022415,34828.422.86$50,258
Feb 200022614,86527.622.73$46,772
Jan 200017012,32325.272.48$34,863
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$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.

May 2002 — as filed, then multipliedworked
Condensate            49 bbl  × $ 24.66 =     $1,208
Gas                    0 Mcf  × $  3.58 =         $0

────────────────────────────────────────────────────
Month total                                   $1,208

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/176086 is the state's own key, not one this site invented.