COZAD C.M. ET AL

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the MCALLEN RANCH (GUERRA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 248015District 04Field 587420352 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.4 M
Nov 2008 – Dec 2021
Value, last 12 filed months
$0
at the published price for each month
Months reported
158
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 88 leases and 88 wells, and the rule below applies to all of them.

Discovered
1985-03-01
as the register files it
Field class
Gas
the register's own label
Between wells
0 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2006-06-06.

The Commission's schedule remark for this field reads: FIELD. STANDARD ACREAGE TO REMAIN 40 ACRES.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112009-06-29192783
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition5,833 bbl$388,215
GasProduction238,174 Mcf$966,514
Total$1,354,729

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 26.5639, -98.2493. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.56387, -98.24934 · 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
14,615 ft
1 wells filed one
Completion to plug
13.1 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 14,615 ft.

Completions filed
Nov 2008
1 of 1 wells
Plug dates filed
Dec 2021
1 of 1 wells

Last completion to plug: a median of 13.1 years across the 1 well that filed both dates, with the middle half between 13.1 years and 13.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-21533844114,615 ftNov 2008Dec 2021Yes

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 (158)

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

158 months

Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 202035038.772.71$1,357
Oct 2020145036.972.48$5,361
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 202002314.751.80$42
Mar 202006430.341.86$119
Feb 202002449.881.98$48
Jan 202001157.252.09$23
Dec 20190059.012.30$0
Nov 2019010855.302.75$297
Oct 201907453.472.42$179
Sep 20190155.052.66$3
Aug 20190353.112.30$7
Jul 201901556.272.46$37
Jun 201906152.782.49$152
May 2019017858.482.74$488
Apr 2019048462.632.75$1,331
Mar 20190056.803.06$0
Feb 201902550.852.79$70
Jan 201909146.033.23$294
Dec 2018021546.594.19$900
Nov 20180052.934.24$0
Oct 20180661.443.40$20
Sep 2018018359.543.11$569
Aug 2018032259.403.07$987
Jul 20180065.142.93$0
Jun 201808660.183.08$265
May 20180865.382.90$23
Apr 201805263.842.90$151
Mar 201801,61761.222.79$4,506
Feb 201801261.782.77$33
Jan 2018016962.874.01$678
Dec 20170057.272.92$0
Nov 2017021255.423.12$661
Oct 2017024149.292.98$719
Sep 2017023547.523.09$726
Aug 2017023345.373.00$700
Jul 2017018143.873.09$559
Jun 2017022742.493.09$701
May 2017020345.373.26$662
Apr 2017023847.933.21$764
Mar 2017024246.772.98$722
Feb 2017034750.452.95$1,025
Jan 2017031949.413.42$1,091
Dec 2016024648.763.72$916
Nov 2016046242.492.64$1,222
Oct 2016030646.193.09$946
Sep 201618737241.553.10$8,923
Aug 2016025941.442.92$757
Jul 2016034741.622.92$1,015
Jun 2016040645.352.69$1,090
May 2016038242.521.99$761
Apr 2016036536.561.99$727
Mar 2016040733.011.79$730
Feb 2016042026.472.06$867
Jan 2016049427.352.36$1,168
Dec 2015069632.362.00$1,393
Nov 2015051338.792.17$1,112
Oct 2015044443.552.43$1,077
Sep 2015048042.992.76$1,324
Aug 2015047040.162.87$1,350
Jul 2015065548.152.95$1,929
Jun 2015085556.152.88$2,465
May 201501,20855.212.96$3,570
Apr 201515986249.822.71$10,254
Mar 2015025442.892.93$745
Feb 2015075344.662.98$2,241
Jan 2015077443.433.10$2,400
Dec 2014060554.693.59$2,173
Nov 2014036070.464.25$1,531
Oct 2014044078.303.90$1,716
Sep 2014032086.164.05$1,295
Aug 2014048389.394.04$1,949
Jul 2014061196.564.18$2,554
Jun 20141511,46498.164.74$21,757
May 2014031594.734.73$1,489
Apr 2014063195.944.81$3,035
Mar 2014084595.895.06$4,273
Feb 201401,42097.406.19$8,793
Jan 2014079890.404.86$3,879
Dec 2013080691.824.35$3,510
Nov 2013084388.853.74$3,151
Oct 2013086097.423.78$3,250
Sep 20130949104.113.72$3,528
Aug 20130508104.253.52$1,789
Jul 20130682102.523.72$2,536
Jun 20131522,32294.403.93$23,482
May 201302,07694.834.15$8,613
Apr 201301,31293.964.28$5,619
Mar 201301,26893.623.91$4,962
Feb 20131971,54891.233.42$23,266
Jan 201301,80891.603.42$6,183
Dec 2012055686.773.42$1,902
Nov 201201,22486.953.62$4,437
Oct 20121901,21389.383.40$21,106
Sep 201201,09394.672.92$3,190
Aug 2012082892.662.91$2,408
Jul 201201,18885.133.02$3,589
Jun 201201,21279.822.52$3,053
May 2012075391.612.49$1,874
Apr 20121891,231101.652.00$21,670
Mar 201201,138105.052.22$2,529
Feb 201201,000101.102.57$2,570
Jan 201201,46798.092.73$4,011
Dec 201101,97996.873.24$6,411
Nov 201102,03495.723.31$6,735
Oct 20111871,21584.983.65$20,324
Sep 201101,71683.623.99$6,840
Aug 201102,11983.404.15$8,792
Jul 20111782,13794.144.52$26,410
Jun 201102,33492.904.64$10,829
May 201101,70798.134.40$7,519
Apr 20111632,001105.964.33$25,942
Mar 201102,34796.364.06$9,523
Feb 201102,00685.644.18$8,385
Jan 20111792,32686.504.59$26,157
Dec 201002,82785.734.35$12,291
Nov 201002,02880.843.80$7,697
Oct 20101672,19678.103.51$20,748
Sep 20101903,14572.633.98$26,315
Aug 201002,41573.684.42$10,673
Jul 201001,93272.554.74$9,151
Jun 20101862,55970.364.91$25,653
May 201002,89371.124.24$12,252
Apr 20101913,14581.694.12$28,569
Mar 201003,99278.394.39$17,520
Feb 201003,48873.585.44$18,983
Jan 20101944,79674.365.96$43,030
Dec 20091934,74271.445.48$39,792
Nov 200905,41274.593.75$20,303
Oct 20091935,95772.544.11$38,485
Sep 20091896,54865.543.06$32,455
Aug 20091897,29767.423.22$36,228
Jul 20091778,14461.133.46$39,035
Jun 20091868,75566.163.90$46,406
May 200918810,37854.743.93$51,033
Apr 200938412,01846.773.59$61,074
Mar 200938815,69342.144.06$80,048
Feb 200939018,59532.814.63$98,947
Jan 200919720,05035.865.37$114,753
Dec 20080037.105.98$0
Nov 200811913155.496.86$7,502

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.

Nov 2020 — as filed, then multipliedworked
Condensate            35 bbl  × $ 38.77 =     $1,357
Gas                    0 Mcf  × $  2.71 =         $0

────────────────────────────────────────────────────
Month total                                   $1,357

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/248015 is the state's own key, not one this site invented.