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 240004District 06Field 862335002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.4 M
Jul 2008 – Nov 2021
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
161
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 Gas222009-02-25 – 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
CondensateDisposition10,561 bbl$807,875
GasProduction527,425 Mcf$2,630,284
Total$3,438,159

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 31.7771, -94.3481. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.77715, -94.34814 · 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
8,724 ft
1 wells filed one
Completion to plug
13.2 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 8,724 ft.

Completions filed
Jul 2008
1 of 1 wells
Plug dates filed
Sep 2021
1 of 1 wells

Last completion to plug: a median of 13.2 years across the 1 well that filed both dates, with the middle half between 13.2 years and 13.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4193127638,724 ftJul 2008Sep 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 (161)

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

161 months

Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 202145069.865.35$3,144
Aug 20210066.024.22$0
Jul 202106070.783.98$239
Jun 20210069.493.38$0
May 202101763.483.02$51
Apr 202103860.362.76$105
Mar 202103661.302.72$98
Feb 202102557.805.55$139
Jan 202101850.412.81$51
Dec 202004344.642.68$115
Nov 20200038.772.71$0
Oct 202002136.972.48$52
Sep 202001037.091.99$20
Aug 202002939.982.39$69
Jul 202001638.371.83$29
Jun 202005234.901.69$88
May 202003016.921.81$54
Apr 202004514.751.80$81
Mar 202004430.341.86$82
Feb 202001949.881.98$38
Jan 20200057.252.09$0
Dec 201904259.012.30$97
Nov 201905055.302.75$138
Oct 201903153.472.42$75
Sep 201903755.052.66$98
Aug 201903853.112.30$88
Jul 201903956.272.46$96
Jun 201906952.782.49$172
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 2019051856.803.06$1,586
Feb 20191632,48450.852.79$15,224
Jan 201905046.033.23$161
Dec 201805646.594.19$234
Nov 201805052.934.24$212
Oct 201804861.443.40$163
Sep 201803859.543.11$118
Aug 20180159.403.07$3
Jul 20180665.142.93$18
Jun 20180560.183.08$15
May 20180865.382.90$23
Apr 20180563.842.90$15
Mar 20180761.222.79$20
Feb 201801061.782.77$28
Jan 201802362.874.01$92
Dec 201702657.272.92$76
Nov 201701455.423.12$44
Oct 201701349.292.98$39
Sep 20170947.523.09$28
Aug 20170445.373.00$12
Jul 20170543.873.09$15
Jun 20170942.493.09$28
May 201701145.373.26$36
Apr 201701247.933.21$39
Mar 201701046.772.98$30
Feb 20170450.452.95$12
Jan 201703449.413.42$116
Dec 201601748.763.72$63
Nov 201601342.492.64$34
Oct 201602546.193.09$77
Sep 201603741.553.10$115
Aug 201603941.442.92$114
Jul 2016014541.622.92$424
Jun 2016016145.352.69$432
May 201608642.521.99$171
Apr 201608836.561.99$175
Mar 201608033.011.79$144
Feb 2016015526.472.06$320
Jan 20160027.352.36$0
Dec 201506532.362.00$130
Nov 2015015438.792.17$334
Oct 2015015843.552.43$383
Sep 2015014142.992.76$389
Aug 2015011340.162.87$325
Jul 2015024548.152.95$722
Jun 2015034856.152.88$1,003
May 2015029455.212.96$869
Apr 2015049049.822.71$1,326
Mar 2015046142.892.93$1,353
Feb 2015040044.662.98$1,190
Jan 201501,73943.433.10$5,392
Dec 201402,18454.693.59$7,844
Nov 20141722,45370.464.25$22,549
Oct 201402,62278.303.90$10,228
Sep 201403,26886.164.05$13,221
Aug 201403,36489.394.04$13,574
Jul 201401,13296.564.18$4,731
Jun 20141751,65298.164.74$25,003
May 201401,89894.734.73$8,971
Apr 201402,17495.944.81$10,455
Mar 201402,63795.895.06$13,335
Feb 201402,68897.406.19$16,644
Jan 201402,83290.404.86$13,766
Dec 20131743,14891.824.35$29,685
Nov 201303,95288.853.74$14,774
Oct 201303,46797.423.78$13,103
Sep 201303,417104.113.72$12,704
Aug 20131733,544104.253.52$30,519
Jul 201303,521102.523.72$13,090
Jun 201303,77494.403.93$14,845
May 20131455,15494.834.15$35,135
Apr 201301,99193.964.28$8,527
Mar 201302,24093.623.91$8,765
Feb 20131783,57491.233.42$28,462
Jan 201303,82391.603.42$13,074
Dec 20121764,63086.773.42$31,107
Nov 201204,24686.953.62$15,392
Oct 201204,27489.383.40$14,530
Sep 20121813,89894.672.92$28,511
Aug 201203,91392.662.91$11,380
Jul 201204,08385.133.02$12,334
Jun 20121764,13679.822.52$24,467
May 201204,45491.612.49$11,083
Apr 201204,111101.652.00$8,209
Mar 201202,948105.052.22$6,551
Feb 20121684,614101.102.57$28,844
Jan 201203,68298.092.73$10,067
Dec 201103,07396.873.24$9,956
Nov 20111856,68895.723.31$39,854
Oct 201103,32284.983.65$12,120
Sep 2011028083.623.99$1,116
Aug 20111631,12083.404.15$18,241
Jul 201102,94394.144.52$13,294
Jun 201102,89392.904.64$13,423
May 20111654,86098.134.40$37,599
Apr 201104,884105.964.33$21,164
Mar 20111834,28896.364.06$35,032
Feb 201154,11885.644.18$17,641
Jan 20111775,26486.504.59$39,466
Dec 2010114,96185.734.35$22,512
Nov 20101723,75380.843.80$28,148
Oct 201003,88578.103.51$13,632
Sep 20101734,87872.633.98$31,977
Aug 201004,60773.684.42$20,360
Jul 201006,90372.554.74$32,696
Jun 20101482,98770.364.91$25,081
May 201005,82771.124.24$24,679
Apr 20101809,86381.694.12$55,366
Mar 20101738,49378.394.39$50,834
Feb 201007,80173.585.44$42,456
Jan 201018110,54974.365.96$76,374
Dec 20091799,50771.445.48$64,922
Nov 20091778,57574.593.75$45,372
Oct 200918013,02472.544.11$66,589
Sep 200917810,30265.543.06$43,239
Aug 200936710,76767.423.22$59,397
Jul 200917211,18961.133.46$49,279
Jun 20091769,82266.163.90$49,901
May 200935111,69454.743.93$65,121
Apr 20093784,78246.773.59$34,834
Mar 200917416,28042.144.06$73,413
Feb 200956314,19032.814.63$84,214
Jan 200918015,31335.865.37$88,701
Dec 200858818,99637.105.98$135,357
Nov 200835821,15255.496.86$164,976
Oct 200872923,10775.246.92$214,796
Sep 200871524,583101.767.88$266,401
Aug 20081,25456,680114.228.48$624,049
Jul 200801131.0811.39$11

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.

Sep 2021 — as filed, then multipliedworked
Condensate            45 bbl  × $ 69.86 =     $3,144
Gas                    0 Mcf  × $  5.35 =         $0

────────────────────────────────────────────────────
Month total                                   $3,144

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/240004 is the state's own key, not one this site invented.