EDWARDS, J. K. LEASE

Name: EDWARDS, J. K. LEASE lease production and value, Aug 1995 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by COTTON VALLEY OPERATIONS, INC. (P-5 182062) in the GLENWOOD (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 155915District 06Field 354153002 tax incentive programmesCondensateGasSave Export

Value, all time

$4.0 M

Aug 1995 – Dec 2011

Value, last 12 filed months

at the published price for each month

Months reported

197

no gaps in the span

Streams

condensate, gas

The GLENWOOD (COTTON VALLEY) field

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 351 leases and 351 wells, and the rule below applies to all of them.

Discovered

1980-12-20

as the register files it

Field class

Gas

the register's own label

Between wells

600 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2017-12-05.

The Commission's schedule remark for this field reads: “BE FILED IF THE OPERATOR CHOOSES. THIS IS A UFT FIELD.”

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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	1996-01-10	133709
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	18,850 bbl	$390,911
Gas	Production	1,428,114 Mcf	$3,608,638
Total			$3,999,549

448,931 Mcf of this lease's gas, across 17 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 32.5766, -94.8844. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.57660, -94.88437 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

11,097 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 11,097 ft.

Completions filed

Dec 2011

1 of 1 wells

1 well


42-45930787	1	11,097 ft	Dec 2011	—	Yes

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 (197)

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

197 months


Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	0	105.96	4.33	$0
Mar 2011	0	0	96.36	4.06	$0
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	0	0	86.50	4.59	$0
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	0	6	78.10	3.51	$21
Sep 2010	0	44	72.63	3.98	$175
Aug 2010	0	56	73.68	4.42	$247
Jul 2010	0	32	72.55	4.74	$152
Jun 2010	0	10	70.36	4.91	$49
May 2010	0	31	71.12	4.24	$131
Apr 2010	0	9	81.69	4.12	$37
Mar 2010	0	35	78.39	4.39	$154
Feb 2010	1	35	73.58	5.44	$264
Jan 2010	1	42	74.36	5.96	$325
Dec 2009	1	42	71.44	5.48	$302
Nov 2009	1	1	74.59	3.75	$78
Oct 2009	0	40	72.54	4.11	$164
Sep 2009	0	28	65.54	3.06	$86
Aug 2009	0	29	67.42	3.22	$93
Jul 2009	0	26	61.13	3.46	$90
Jun 2009	0	32	66.16	3.90	$125
May 2009	0	48	54.74	3.93	$188
Apr 2009	0	42	46.77	3.59	$151
Mar 2009	0	36	42.14	4.06	$146
Feb 2009	0	30	32.81	4.63	$139
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	41	55.49	6.86	$281
Oct 2008	0	26	75.24	6.92	$180
Sep 2008	0	20	101.76	7.88	$158
Aug 2008	0	28	114.22	8.48	$238
Jul 2008	0	23	131.08	11.39	$262
Jun 2008	0	10	131.33	13.03	$130
May 2008	0	21	123.17	11.57	$243
Apr 2008	2	195	110.31	10.45	$2,259
Mar 2008	0	31	101.90	9.66	$300
Feb 2008	0	1	92.53	8.77	$9
Jan 2008	0	34	90.38	8.21	$279
Dec 2007	0	5	88.33	7.30	$37
Nov 2007	0	1	91.67	7.29	$7
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	3	69.06	6.39	$19
Jul 2007	2	110	70.90	6.39	$844
Jun 2007	8	435	62.00	7.55	$3,780
May 2007	14	2,442	58.74	7.85	$19,983
Apr 2007	25	2,666	59.61	7.81	$22,299
Mar 2007	22	2,673	56.92	7.30	$20,770
Feb 2007	23	3,176	55.10	8.22	$27,361
Jan 2007	25	2,872	50.30	6.73	$20,577
Dec 2006	27	3,245	56.65	6.92	$23,980
Nov 2006	17	2,971	54.20	7.62	$23,553
Oct 2006	20	3,222	54.90	6.01	$20,474
Sep 2006	24	2,638	60.08	5.04	$14,730
Aug 2006	5	1,113	68.71	7.34	$8,513
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	1	0	57.59	7.75	$58
Jan 2006	2	230	60.59	8.93	$2,176
Dec 2005	5	317	54.94	13.42	$4,527
Nov 2005	7	1,113	54.69	10.59	$12,168
Oct 2005	7	363	58.34	13.80	$5,416
Sep 2005	24	2,328	61.45	12.08	$29,595
Aug 2005	39	5,543	61.51	9.80	$56,703
Jul 2005	44	6,094	55.69	7.84	$50,250
Jun 2005	45	5,190	52.33	7.38	$40,662
May 2005	31	5,187	45.22	6.65	$35,901
Apr 2005	24	3,089	49.20	7.36	$23,917
Mar 2005	28	6,448	50.37	7.15	$47,545
Feb 2005	24	6,045	45.22	6.31	$39,241
Jan 2005	32	7,233	43.16	6.32	$47,110
Dec 2004	27	5,323	39.86	6.75	$37,012
Nov 2004	27	4,787	45.28	6.33	$31,526
Oct 2004	24	4,087	49.70	6.52	$27,820
Sep 2004	22	5,318	43.24	5.28	$29,051
Aug 2004	15	3,472	42.37	5.55	$19,907
Jul 2004	11	2,243	38.28	6.08	$14,068
Jun 2004	17	2,633	36.10	6.43	$17,552
May 2004	38	7,414	37.48	6.49	$49,575
Apr 2004	37	6,162	34.47	5.86	$37,375
Mar 2004	31	4,850	34.36	5.53	$27,886
Feb 2004	48	6,475	32.45	5.51	$37,232
Jan 2004	27	6,176	32.03	6.30	$39,771
Dec 2003	43	5,435	30.26	6.30	$35,551
Nov 2003	43	6,839	28.80	4.60	$32,665
Oct 2003	31	6,365	28.17	4.76	$31,168
Sep 2003	26	3,117	26.31	4.75	$15,488
Aug 2003	31	4,995	29.76	5.13	$26,546
Jul 2003	30	6,142	29.41	5.17	$32,642
Jun 2003	28	5,311	28.56	5.98	$32,575
May 2003	15	4,541	26.59	5.97	$27,521
Apr 2003	44	6,811	26.67	5.41	$38,002
Mar 2003	34	6,998	31.14	6.10	$43,719
Feb 2003	70	7,337	33.48	7.93	$60,496
Jan 2003	69	7,490	30.31	5.58	$43,901
Dec 2002	49	7,178	26.91	4.85	$36,159
Nov 2002	78	6,890	24.66	4.14	$30,427
Oct 2002	86	8,818	26.46	4.23	$39,568
Sep 2002	33	7,277	27.44	3.64	$27,359
Aug 2002	62	6,625	25.96	3.16	$22,572
Jul 2002	40	6,858	24.58	3.06	$21,981
Jun 2002	60	7,611	23.73	3.34	$26,831
May 2002	66	8,139	24.66	3.58	$30,798
Apr 2002	53	8,569	23.65	3.51	$31,351
Mar 2002	79	8,874	22.00	3.10	$29,272
Feb 2002	95	7,318	18.22	2.38	$19,116
Jan 2002	116	8,408	17.17	2.38	$21,966
Dec 2001	130	10,460	16.93	2.36	$26,933
Nov 2001	134	10,605	18.07	2.41	$27,932
Oct 2001	96	9,569	19.78	2.53	$26,098
Sep 2001	98	10,473	24.26	2.25	$25,956
Aug 2001	102	8,808	24.87	3.05	$29,429
Jul 2001	110	8,500	23.93	3.20	$29,807
Jun 2001	103	8,481	24.56	3.82	$34,962
May 2001	94	6,833	25.52	4.31	$31,831
Apr 2001	110	6,556	24.68	5.34	$37,693
Mar 2001	2	6,870	24.54	5.38	$36,985
Feb 2001	123	6,453	27.75	5.77	$40,628
Jan 2001	181	7,750	27.47	8.40	$70,062
Dec 2000	105	7,398	26.88	9.12	$70,311
Nov 2000	112	5,438	32.21	5.66	$34,376
Oct 2000	254	8,512	31.23	5.15	$51,731
Sep 2000	126	6,947	31.87	5.19	$40,046
Aug 2000	157	9,291	29.64	4.54	$46,842
Jul 2000	124	8,444	28.53	4.09	$38,072
Jun 2000	143	8,278	29.30	4.40	$40,590
May 2000	169	8,903	27.26	3.68	$37,368
Apr 2000	130	7,785	24.51	3.12	$27,444
Mar 2000	127	8,229	28.42	2.86	$27,142
Feb 2000	134	8,393	27.62	2.73	$26,585
Jan 2000	146	8,894	25.27	2.48	$25,751
Dec 1999	148	9,045	24.28	2.42	$25,516
Nov 1999	128	9,183	23.19	2.43	$25,320
Oct 1999	138	9,389	20.98	2.80	$29,219
Sep 1999	121	9,061	21.75	2.62	$26,361
Aug 1999	144	10,305	19.26	2.88	$32,407
Jul 1999	119	9,427	17.89	2.37	$24,493
Jun 1999	156	10,680	15.94	2.36	$27,714
May 1999	148	10,030	15.79	2.32	$25,617
Apr 1999	144	9,226	15.10	2.21	$22,546
Mar 1999	171	9,505	12.47	1.84	$19,606
Feb 1999	150	9,108	9.98	1.82	$18,053
Jan 1999	201	11,394	10.38	1.90	$23,734
Dec 1998	175	12,530	9.20	1.77	$23,830
Nov 1998	194	15,216	10.89	2.19	$35,371
Oct 1998	160	12,584	12.42	1.97	$26,768
Sep 1998	132	11,089	12.59	2.08	$24,756
Aug 1998	122	10,292	11.30	1.91	$21,009
Jul 1998	184	12,608	11.74	2.24	$30,368
Jun 1998	137	13,020	11.24	2.24	$30,669
May 1998	192	11,407	12.62	2.21	$27,591
Apr 1998	184	13,787	13.04	2.51	$36,940
Mar 1998	181	12,109	12.80	2.31	$30,282
Feb 1998	193	11,076	13.95	2.30	$28,158
Jan 1998	194	11,774	14.70	2.15	$28,222
Dec 1997	245	14,266	16.32	2.41	$38,395
Nov 1997	233	14,607	18.19	3.09	$49,348
Oct 1997	247	15,720	19.25	3.15	$54,270
Sep 1997	262	17,161	17.74	2.95	$55,357
Aug 1997	285	18,111	17.86	2.55	$51,359
Jul 1997	286	19,673	17.58	2.25	$49,232
Jun 1997	316	22,138	17.24	2.26	$55,418
May 1997	349	22,898	18.97	2.31	$59,481
Apr 1997	313	17,570	17.88	2.08	$42,191
Mar 1997	302	16,888	18.95	1.94	$38,471
Feb 1997	276	18,078	20.49	2.21	$45,534
Jan 1997	317	19,636	23.48	3.54	$76,949
Dec 1996	238	16,375	23.32	—	$5,550
Nov 1996	306	19,998	21.97	—	$6,723
Oct 1996	253	18,238	23.31	—	$5,897
Sep 1996	243	17,836	22.22	—	$5,399
Aug 1996	244	23,247	20.26	—	$4,943
Jul 1996	236	22,261	19.55	—	$4,614
Jun 1996	265	24,567	18.73	—	$4,963
May 1996	317	23,954	19.43	—	$6,159
Apr 1996	347	24,599	21.51	—	$7,464
Mar 1996	365	27,311	19.38	—	$7,074
Feb 1996	395	27,284	16.98	—	$6,707
Jan 1996	517	32,611	17.07	—	$8,825
Dec 1995	418	38,328	17.19	—	$7,185
Nov 1995	462	36,345	16.00	—	$7,392
Oct 1995	698	41,593	15.43	—	$10,770
Sep 1995	1,153	38,351	16.18	—	$18,656
Aug 1995	0	16,033	15.92	—	$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.

Oct 2010 — as filed, then multipliedworked

Condensate             0 bbl  × $ 78.10 =         $0
Gas                    6 Mcf  × $  3.51 =        $21

────────────────────────────────────────────────────
Month total                                      $21

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. 06/G/155915 is the state's own key, not one this site invented.