GRANT

Operated by COERT HOLDINGS 1 LLC (P-5 164934) in the STOCKMAN (TRAVIS PEAK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 229381District 06Field 862335002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.5 M
Jan 2007 – Sep 2021
Value, last 12 filed months
$14 k
at the published price for each month
Months reported
177
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 93 leases and 93 wells, and the rule below applies to all of them.

Discovered
1976-10-13
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 0 acres. The field rule took effect on 2006-05-16.

The Commission's schedule remark for this field reads: EFFECTIVE AUGUST.

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 Gas222007-12-18 – 2011-01-272 dockets
NGPA2none

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
CondensateDisposition5,227 bbl$369,339
GasProduction303,675 Mcf$2,118,772
Total$2,488,111

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 31.7742, -94.3423. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.77422, -94.34227 · 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
8,870 ft
1 wells filed one
Completion to plug
14.6 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 8,870 ft.

Completions filed
Jan 2007
1 of 1 wells
Plug dates filed
Aug 2021
1 of 1 wells

Last completion to plug: a median of 14.6 years across the 1 well that filed both dates, with the middle half between 14.6 years and 14.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4193111928,870 ftJan 2007Aug 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 (177)

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

177 months

Sep 20210069.865.35$0
Aug 202116458766.024.22$13,305
Jul 20210470.783.98$16
Jun 20210269.493.38$7
May 20210163.483.02$3
Apr 202106360.362.76$174
Mar 202108261.302.72$223
Feb 20210957.805.55$50
Jan 202109350.412.81$261
Dec 20200044.642.68$0
Nov 202005638.772.71$152
Oct 202004836.972.48$119
Sep 202005637.091.99$112
Aug 202008939.982.39$212
Jul 202005838.371.83$106
Jun 20200134.901.69$2
May 202004616.921.81$83
Apr 202009114.751.80$164
Mar 20200030.341.86$0
Feb 2020010749.881.98$212
Jan 202002757.252.09$57
Dec 2019014259.012.30$327
Nov 2019013755.302.75$377
Oct 201908853.472.42$213
Sep 201908055.052.66$213
Aug 201906453.112.30$147
Jul 201907056.272.46$172
Jun 2019013252.782.49$329
May 201908958.482.74$244
Apr 201908062.632.75$220
Mar 20190256.803.06$6
Feb 20191829550.852.79$9,520
Jan 201908346.033.23$268
Dec 201809346.594.19$389
Nov 201807552.934.24$318
Oct 201808561.443.40$289
Sep 2018010859.543.11$336
Aug 2018012159.403.07$371
Jul 20180465.142.93$12
Jun 201807860.183.08$240
May 201808665.382.90$249
Apr 201809163.842.90$264
Mar 2018016061.222.79$446
Feb 201808461.782.77$232
Jan 2018010962.874.01$437
Dec 2017018657.272.92$543
Nov 201707755.423.12$240
Oct 2017016649.292.98$495
Sep 201709347.523.09$287
Aug 2017016045.373.00$481
Jul 2017017243.873.09$531
Jun 201707842.493.09$241
May 2017017145.373.26$558
Apr 201708647.933.21$276
Mar 201708546.772.98$254
Feb 2017015950.452.95$469
Jan 201708149.413.42$277
Dec 201608448.763.72$313
Nov 201616817242.492.64$7,593
Oct 201608646.193.09$266
Sep 2016018241.553.10$564
Aug 201607741.442.92$225
Jul 2016023441.622.92$684
Jun 2016016645.352.69$446
May 2016017342.521.99$344
Apr 2016018036.561.99$358
Mar 2016025133.011.79$450
Feb 2016018326.472.06$378
Jan 2016029427.352.36$695
Dec 201518231932.362.00$6,528
Nov 2015057338.792.17$1,242
Oct 2015038243.552.43$927
Sep 2015025642.992.76$706
Aug 2015018840.162.87$540
Jul 2015032548.152.95$957
Jun 2015064656.152.88$1,862
May 2015033955.212.96$1,002
Apr 2015039049.822.71$1,056
Mar 2015047442.892.93$1,391
Feb 2015038044.662.98$1,131
Jan 2015039943.433.10$1,237
Dec 2014047754.693.59$1,713
Nov 2014050070.464.25$2,126
Oct 2014038478.303.90$1,498
Sep 2014053086.164.05$2,144
Aug 201417230989.394.04$16,622
Jul 2014060496.564.18$2,524
Jun 2014064898.164.74$3,070
May 2014062094.734.73$2,930
Apr 2014033495.944.81$1,606
Mar 2014025195.895.06$1,269
Feb 2014049597.406.19$3,065
Jan 2014042190.404.86$2,046
Dec 2013031591.824.35$1,372
Nov 2013045288.853.74$1,690
Oct 2013072397.423.78$2,732
Sep 20130524104.113.72$1,948
Aug 20130726104.253.52$2,557
Jul 20130748102.523.72$2,781
Jun 2013074194.403.93$2,915
May 2013067294.834.15$2,788
Apr 2013037893.964.28$1,619
Mar 2013054593.623.91$2,133
Feb 2013042391.233.42$1,447
Jan 201317346291.603.42$17,427
Dec 2012045786.773.42$1,563
Nov 2012045386.953.62$1,642
Oct 2012071989.383.40$2,444
Sep 2012034994.672.92$1,019
Aug 2012055492.662.91$1,611
Jul 2012055785.133.02$1,683
Jun 2012074179.822.52$1,867
May 2012062791.612.49$1,560
Apr 2012170869101.652.00$19,016
Mar 20120728105.052.22$1,618
Feb 20120787101.102.57$2,023
Jan 2012070798.092.73$1,933
Dec 2011038096.873.24$1,231
Nov 2011070295.723.31$2,325
Oct 2011071084.983.65$2,590
Sep 2011082583.623.99$3,288
Aug 2011060783.404.15$2,519
Jul 2011047394.144.52$2,137
Jun 2011059792.904.64$2,770
May 201101,50998.134.40$6,647
Apr 20111681,451105.964.33$24,089
Mar 201141,69996.364.06$7,279
Feb 2011179485.644.18$3,405
Jan 2011072886.504.59$3,341
Dec 2010185385.734.35$3,794
Nov 2010084080.843.80$3,188
Oct 201017486978.103.51$16,639
Sep 2010066672.633.98$2,650
Aug 2010084873.684.42$3,748
Jul 2010099272.554.74$4,699
Jun 2010074370.364.91$3,648
May 201001,24471.124.24$5,269
Apr 20101691,52081.694.12$20,072
Mar 201001,47878.394.39$6,486
Feb 201001,34373.585.44$7,309
Jan 201001,89774.365.96$11,314
Dec 200901,33871.445.48$7,337
Nov 20091772,00374.593.75$20,717
Oct 200902,15072.544.11$8,837
Sep 200901,58965.543.06$4,870
Aug 200901,67167.423.22$5,378
Jul 200901,54861.133.46$5,363
Jun 200901,43466.163.90$5,585
May 20091731,58454.743.93$15,688
Apr 2009163046.773.59$2,307
Mar 200901,94342.144.06$7,887
Feb 20091761,80832.814.63$14,151
Jan 200901,95135.865.37$10,479
Dec 200852,01737.105.98$12,241
Nov 20081792,05555.496.86$24,031
Oct 200832,08575.246.92$14,658
Sep 200803,965101.767.88$31,233
Aug 20081873,537114.228.48$51,364
Jul 200884,420131.0811.39$51,390
Jun 200804,803131.3313.03$62,596
May 200807,415123.1711.57$85,823
Apr 20081799,113110.3110.45$115,021
Mar 200888,019101.909.66$78,311
Feb 20081829,06592.538.77$96,346
Jan 20081610,41690.388.21$86,917
Dec 2007010,11588.337.30$73,859
Nov 20071827,06391.677.29$68,185
Oct 200709,71782.856.92$67,261
Sep 200718010,28875.846.24$77,891
Aug 200718211,54269.066.39$86,299
Jul 200719912,78670.906.39$95,785
Jun 200720212,95062.007.55$110,276
May 200717715,38658.747.85$131,120
Apr 200736017,49859.617.81$158,035
Mar 200735725,00256.927.30$202,884
Feb 200736629,32855.108.22$261,125
Jan 20070050.306.73$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.

Aug 2021 — as filed, then multipliedworked
Condensate           164 bbl  × $ 66.02 =    $10,827
Gas                  587 Mcf  × $  4.22 =     $2,477

────────────────────────────────────────────────────
Month total                                  $13,305

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/229381 is the state's own key, not one this site invented.