COBB

Operated by THOMAS OPERATING LTD. CO. (P-5 854359) in the CHAPEL HILL (PALUXY 5800) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 183814District 06Field 17008150CondensateGasSaveExport
Value, all time
$277 k
Aug 2001 – Mar 2012
Value, last 12 filed months
$8 k
at the published price for each month
Months reported
128
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 9 leases and 9 wells, and the rule below applies to all of them.

Discovered
1980-06-10
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: FIELD TYPE CHANGED TO EXEMPT EFFECTIVE 2-1-08.

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
CondensateDisposition207 bbl$19,523
GasProduction35,241 Mcf$257,449
Total$276,971

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 32.3905, -95.0904. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.39048, -95.09036 · 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
5,953 ft
1 wells filed one
Completion to plug
17.3 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 5,953 ft.

Completions filed
Jun 1994
1 of 1 wells
Plug dates filed
Oct 2011
1 of 1 wells

Last completion to plug: a median of 17.3 years across the 1 well that filed both dates, with the middle half between 17.3 years and 17.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4233142425,953 ftJun 1994Oct 2011Yes

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 (128)

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

128 months

Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 201185096.873.24$8,234
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110183.623.99$4
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 20110096.364.06$0
Feb 20110085.644.18$0
Jan 201101686.504.59$73
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100678.103.51$21
Sep 201001672.633.98$64
Aug 201001373.684.42$57
Jul 201001572.554.74$71
Jun 201001770.364.91$83
May 201001871.124.24$76
Apr 201003081.694.12$124
Mar 201002778.394.39$118
Feb 201005273.585.44$283
Jan 201003474.365.96$203
Dec 2009012071.445.48$658
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 2009010242.144.06$414
Feb 2009012732.814.63$588
Jan 2009017435.865.37$935
Dec 2008017237.105.98$1,028
Nov 2008017355.496.86$1,187
Oct 2008018675.246.92$1,287
Sep 20080176101.767.88$1,386
Aug 20080182114.228.48$1,544
Jul 20080253131.0811.39$2,882
Jun 20080317131.3313.03$4,131
May 20080259123.1711.57$2,998
Apr 20080212110.3110.45$2,216
Mar 20080267101.909.66$2,580
Feb 200812225792.538.77$13,543
Jan 2008037990.388.21$3,110
Dec 2007051988.337.30$3,790
Nov 2007045391.677.29$3,303
Oct 20070882.856.92$55
Sep 20070075.846.24$0
Aug 200703969.066.39$249
Jul 2007023270.906.39$1,482
Jun 2007024962.007.55$1,880
May 2007027558.747.85$2,158
Apr 2007024459.617.81$1,904
Mar 2007029556.927.30$2,154
Feb 2007049455.108.22$4,059
Jan 2007051550.306.73$3,464
Dec 2006061256.656.92$4,234
Nov 2006060554.207.62$4,609
Oct 2006062654.906.01$3,765
Sep 2006085860.085.04$4,322
Aug 2006015268.717.34$1,116
Jul 2006068769.376.34$4,357
Jun 2006073066.286.38$4,660
May 2006071866.016.42$4,613
Apr 2006079864.397.36$5,874
Mar 2006089256.707.08$6,318
Feb 2006089457.597.75$6,930
Jan 2006098460.598.93$8,790
Dec 2005095554.9413.42$12,812
Nov 2005091354.6910.59$9,667
Oct 2005096658.3413.80$13,327
Sep 2005093761.4512.08$11,318
Aug 2005092861.519.80$9,091
Jul 2005099655.697.84$7,812
Jun 200501,10452.337.38$8,149
May 200501,04245.226.65$6,931
Apr 200501,02049.207.36$7,508
Mar 2005098250.377.15$7,026
Feb 2005093345.226.31$5,889
Jan 2005066643.166.32$4,211
Dec 200406539.866.75$439
Nov 2004012045.286.33$760
Oct 2004010949.706.52$710
Sep 2004010743.245.28$565
Aug 2004011442.375.55$633
Jul 2004022338.286.08$1,357
Jun 2004019736.106.43$1,267
May 2004020837.486.49$1,351
Apr 2004012134.475.86$709
Mar 2004022834.365.53$1,261
Feb 2004021332.455.51$1,174
Jan 2004019432.036.30$1,222
Dec 2003018230.266.30$1,147
Nov 200309428.804.60$432
Oct 2003015628.174.76$743
Sep 2003016526.314.75$784
Aug 2003031129.765.13$1,595
Jul 2003022229.415.17$1,148
Jun 2003019528.565.98$1,167
May 2003023226.595.97$1,386
Apr 2003032426.675.41$1,752
Mar 2003037931.146.10$2,310
Feb 2003039633.487.93$3,139
Jan 2003023430.315.58$1,306
Dec 2002024626.914.85$1,194
Nov 2002015324.664.14$633
Oct 2002017726.464.23$749
Sep 2002019427.443.64$705
Aug 2002012825.963.16$405
Jul 2002033724.583.06$1,032
Jun 2002027823.733.34$928
May 200203824.663.58$136
Apr 200207223.653.51$253
Mar 2002016222.003.10$503
Feb 200207818.222.38$185
Jan 2002023517.172.38$558
Dec 2001026316.932.36$622
Nov 2001019118.072.41$459
Oct 2001030219.782.53$764
Sep 2001037324.262.25$840
Aug 2001030324.873.05$925

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.

Dec 2011 — as filed, then multipliedworked
Condensate            85 bbl  × $ 96.87 =     $8,234
Gas                    0 Mcf  × $  3.24 =         $0

────────────────────────────────────────────────────
Month total                                   $8,234

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/183814 is the state's own key, not one this site invented.