STATE TRACT 308

Operated by CABOT OIL & GAS CORPORATION (P-5 121700) in the STEDMAN ISLAND (8120 FRIO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 12640District 04Field 85771795OilCasinghead gasSaveExport
Value, all time
$4.1 M
Jan 1997 – May 2017
Value, last 12 filed months
$0
at the published price for each month
Months reported
245
no gaps in the span
Streams
2
oil, casinghead 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 9 leases and 10 wells, and the rule below applies to all of them.

Discovered
1984-10-07
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,867 ft
minimum
From a lease line
933 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 1993-08-30.

The Commission's schedule remark for this field reads: ALLOC. FORMU. SUSP. ADMIN. EFF 10-1-95.

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
OilDisposition85,011 bbl$1,776,135
Casinghead gasProduction776,305 Mcf$2,297,945
Total$4,074,080

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 27.8863, -97.1265. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.88628, -97.12650 · 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
8,394 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 8,394 ft.

Completions filed
Dec 1996
1 of 1 wells

1 well

42-3553246218,394 ftDec 1996Yes

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 (245)

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

245 months

May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20111096.364.06$96
Feb 2011265685.644.18$2,913
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200820131.0811.39$262
Jun 200820131.3313.03$263
May 200840123.1711.57$493
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 2008047392.538.77$4,148
Jan 2008142490.388.21$3,570
Dec 20075088.337.30$442
Nov 200713091.677.29$1,192
Oct 200735082.856.92$2,900
Sep 200720075.846.24$1,517
Aug 2007281,46869.066.39$11,311
Jul 2007461,85570.906.39$15,111
Jun 2007191,43062.007.55$11,972
May 2007392,56658.747.85$22,424
Apr 2007832,32359.617.81$23,079
Mar 20071201,31956.927.30$16,462
Feb 200768055.108.22$3,747
Jan 20076749650.306.73$6,707
Dec 200611472956.656.92$11,502
Nov 20063191,46754.207.62$28,465
Oct 200623195954.906.01$18,449
Sep 20061341,34460.085.04$14,821
Aug 200612279268.717.34$14,196
Jul 2006672,22769.376.34$18,773
Jun 20061962,65466.286.38$29,934
May 20062962,11366.016.42$33,115
Apr 200601,68764.397.36$12,417
Mar 200631041756.707.08$20,531
Feb 200621318557.597.75$13,701
Jan 20060060.598.93$0
Dec 200511565254.9413.42$15,065
Nov 20051621,09554.6910.59$20,454
Oct 200516246858.3413.80$15,908
Sep 200512633961.4512.08$11,837
Aug 200521438161.519.80$16,896
Jul 20051491,77855.697.84$22,244
Jun 200532992552.337.38$24,044
May 20052031,50945.226.65$19,216
Apr 2005751,21849.207.36$12,655
Mar 20051931,20450.377.15$18,336
Feb 20053185245.226.31$6,780
Jan 20054311843.166.32$2,602
Dec 20042411,19839.866.75$17,694
Nov 200410396145.286.33$10,747
Oct 20043141,04449.706.52$22,408
Sep 200411166743.245.28$8,324
Aug 200412769142.375.55$9,217
Jul 20041501,03038.286.08$12,009
Jun 20041741,24336.106.43$14,278
May 20048873437.486.49$8,065
Apr 2004981,63234.475.86$12,939
Mar 200417377634.365.53$10,236
Feb 200499032.455.51$3,213
Jan 2004226032.036.30$7,239
Dec 20032041,80230.266.30$17,529
Nov 20031083,61828.804.60$19,736
Oct 20032132,49228.174.76$17,861
Sep 20031172,52526.314.75$15,070
Aug 2003862,59129.765.13$15,850
Jul 20032022,39229.415.17$18,309
Jun 2003982,77528.565.98$19,402
May 20031663,02026.595.97$22,451
Apr 20032442,75626.675.41$21,410
Mar 2003153,90131.146.10$24,248
Feb 2003531,98933.487.93$17,539
Jan 20031731,16030.315.58$11,719
Dec 200210193126.914.85$7,237
Nov 20022372,43824.664.14$15,930
Oct 20021793,49326.464.23$19,509
Sep 20021632,50727.443.64$13,586
Aug 20022302,56625.963.16$14,090
Jul 200218885624.583.06$7,242
Jun 20021631,11923.733.34$7,603
May 20021212,57724.663.58$12,220
Apr 20022043,13223.653.51$15,825
Mar 20022053,52222.003.10$15,438
Feb 20022042,11018.222.38$8,730
Jan 20022071,35117.172.38$6,764
Dec 20012032,89016.932.36$10,270
Nov 20011532,05118.072.41$7,698
Oct 200122475819.782.53$6,348
Sep 20011531,53124.262.25$7,159
Aug 20012571,12224.873.05$9,817
Jul 20011911,10123.933.20$8,091
Jun 20012742,34424.563.82$15,693
May 20012273,10125.524.31$19,150
Apr 20013402,81324.685.34$23,399
Mar 20013441,98424.545.38$19,109
Feb 20014095,12027.755.77$40,877
Jan 200134793327.478.40$17,368
Dec 20002201,47326.889.12$19,351
Nov 200065978532.215.66$25,668
Oct 20008261,94531.235.15$35,804
Sep 20009625,88231.875.19$61,166
Aug 20007734,82329.644.54$44,812
Jul 20008299,80028.534.09$63,731
Jun 20007857,64429.304.40$56,613
May 20005871,05827.263.68$19,895
Apr 20008855,59624.513.12$39,128
Mar 20001,0896,43428.422.86$49,349
Feb 20007961,13127.622.73$25,069
Jan 20001,5016,26825.272.48$53,478
Dec 19991,4208,32224.282.42$54,648
Nov 19991,2245,89023.192.43$42,721
Oct 19991,2208,91420.982.80$50,588
Sep 19991,1784,36221.752.62$37,045
Aug 19999241,56919.262.88$22,308
Jul 19991,0101,83317.892.37$22,417
Jun 199981944015.942.36$14,094
May 19991,1144,75015.792.32$28,615
Apr 19991,51318,16215.102.21$62,949
Mar 19991,36720,74612.471.84$55,184
Feb 19991,37617,5059.981.82$45,553
Jan 19991,53623,66810.381.90$60,912
Dec 19981,67923,5239.201.77$57,161
Nov 19981,41211,80110.892.19$41,170
Oct 19981,40614,48912.421.97$45,994
Sep 19981,45614,29712.592.08$48,106
Aug 19981,51415,30011.301.91$46,291
Jul 19981,66416,41011.742.24$56,249
Jun 19981,99517,03811.242.24$60,542
May 19981,81321,68912.622.21$70,733
Apr 19981,67415,77713.042.51$61,356
Mar 19981,88730,25112.802.31$94,016
Feb 19981,84628,58513.952.30$91,472
Jan 19981,79130,11714.702.15$91,224
Dec 19972,40029,91916.322.41$111,306
Nov 19972,11729,93518.193.09$130,955
Oct 19972,26623,21219.253.15$116,734
Sep 19972,53125,22917.742.95$119,449
Aug 19972,33621,31017.862.55$96,162
Jul 19972,40322,77717.582.25$93,423
Jun 19972,24517,06817.242.26$77,230
May 19972,74824,07418.972.31$107,704
Apr 19972,84619,33417.882.08$91,155
Mar 19972,13511,04518.951.94$61,876
Feb 19972,2569,18920.492.21$66,495
Jan 19977123,46623.483.54$28,986

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.

Mar 2011 — as filed, then multipliedworked
Oil                    1 bbl  × $ 96.36 =        $96
Casinghead gas         0 Mcf  × $  4.06 =         $0

────────────────────────────────────────────────────
Month total                                      $96

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/O/12640 is the state's own key, not one this site invented.