COPANO BAY STATE

Operated by LIVE OAK RESERVES, INC. (P-5 503944) in the FULTON BEACH, W. (MIOCENE 2) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 191684District 04Field 33305897CondensateGasSave
Value, all time
$1.3 M
May 2002 – Dec 2007
Value, last 12 filed months
$7 k
at the published price for each month
Months reported
68
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
CondensateDisposition2,110 bbl$68,312
GasProduction228,012 Mcf$1,249,720
Total$1,318,031

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 (68)

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

68 months

Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 2007129055.108.22$7,108
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 200609868.717.34$719
Jul 200609669.376.34$609
Jun 200608466.286.38$536
May 200609366.016.42$598
Apr 200608064.397.36$589
Mar 200607656.707.08$538
Feb 200606757.597.75$519
Jan 200607560.598.93$670
Dec 200508454.9413.42$1,127
Nov 200508654.6910.59$911
Oct 2005012758.3413.80$1,752
Sep 2005010461.4512.08$1,256
Aug 200509861.519.80$960
Jul 2005010555.697.84$824
Jun 200509952.337.38$731
May 2005403,19745.226.65$23,073
Apr 2005402,67249.207.36$21,635
Mar 2005233,03350.377.15$22,859
Feb 2005242,94945.226.31$19,699
Jan 2005323,13643.166.32$21,208
Dec 2004322,89339.866.75$20,806
Nov 2004312,99645.286.33$20,370
Oct 2004323,15149.706.52$22,119
Sep 2004242,83543.245.28$16,018
Aug 2004243,14542.375.55$18,474
Jul 2004314,25938.286.08$27,099
Jun 2004324,47536.106.43$29,943
May 2004324,95937.486.49$33,406
Apr 2004335,27934.475.86$32,064
Mar 2004326,29434.365.53$35,906
Feb 2004416,51232.455.51$37,209
Jan 2004326,30232.036.30$40,725
Dec 2003277,04830.266.30$45,231
Nov 2003277,91428.804.60$37,144
Oct 2003278,92728.174.76$43,250
Sep 2003269,14426.314.75$44,112
Aug 20032612,00829.765.13$62,371
Jul 20032110,25529.415.17$53,645
Jun 20032614,07028.565.98$84,923
May 20033112,82626.595.97$77,430
Apr 20032611,48526.675.41$62,796
Mar 20032714,09431.146.10$86,758
Feb 20031365,80033.487.93$50,523
Jan 20031065,46030.315.58$33,691
Dec 20021406,66726.914.85$36,127
Nov 20021395,03524.664.14$24,257
Oct 20021094,77626.464.23$23,082
Sep 20021395,16127.443.64$22,575
Aug 2002825,00625.963.16$17,969
Jul 20021365,37524.583.06$19,800
Jun 20021375,21823.733.34$20,670
May 2002582,28424.663.58$9,616

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.

Feb 2007 — as filed, then multipliedworked
Condensate           129 bbl  × $ 55.10 =     $7,108
Gas                    0 Mcf  × $  8.22 =         $0

────────────────────────────────────────────────────
Month total                                   $7,108

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/191684 is the state's own key, not one this site invented.