COOKE, J.W. UNIT 1

Operated by LACY OPERATIONS, LTD. (P-5 480882) in the CARTHAGE (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 76640District 06Field 16032174NGPA filingCondensateGasSaveExport
Value, all time
$515 k
Jan 1993 – May 2004
Value, last 12 filed months
$0
at the published price for each month
Months reported
137
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 4,104 leases and 4,104 wells, and the rule below applies to all of them.

Discovered
1968-05-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 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 2011-02-08.

The Commission's schedule remark for this field reads: FIELD. EFFECTIVE 4/12/16.

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
NGPA1none

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
CondensateDisposition5,101 bbl$97,396
GasProduction308,082 Mcf$417,608
Total$515,004

169,303 Mcf of this lease's gas, across 48 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 32.2892, -94.3401. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.28923, -94.34014 · 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
9,700 ft
1 wells filed one
Completion to plug
26.8 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 9,700 ft.

Completions filed
Aug 1977
1 of 1 wells
Plug dates filed
May 2004
1 of 1 wells

Last completion to plug: a median of 26.8 years across the 1 well that filed both dates, with the middle half between 26.8 years and 26.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3653027329,700 ftAug 1977May 2004Yes

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 (137)

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

137 months

May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 200316215030.315.58$5,748
Dec 200202,33526.914.85$11,334
Nov 200201,71224.664.14$7,082
Oct 200201,84626.464.23$7,807
Sep 200201,89527.443.64$6,889
Aug 200201,95525.963.16$6,186
Jul 200201,85624.583.06$5,683
Jun 2002681,78223.733.34$7,562
May 200201,86724.663.58$6,691
Apr 20021831,95123.653.51$11,180
Mar 200202,09122.003.10$6,488
Feb 200201,68718.222.38$4,008
Jan 20021822,19717.172.38$8,344
Dec 200101,95616.932.36$4,625
Nov 200101,62918.072.41$3,919
Oct 200102,54519.782.53$6,436
Sep 2001076024.262.25$1,711
Aug 2001094124.873.05$2,873
Jul 200101,28423.933.20$4,105
Jun 20011741,12324.563.82$8,568
May 200101,18125.524.31$5,087
Apr 200101,27124.685.34$6,781
Mar 200101,32124.545.38$7,102
Feb 200101,04027.755.77$5,998
Jan 200101,60327.478.40$13,463
Dec 20001782,02926.889.12$23,294
Nov 200001,09732.215.66$6,207
Oct 200001,02231.235.15$5,259
Sep 200001,33431.875.19$6,919
Aug 200001,51729.644.54$6,888
Jul 20001821,22828.534.09$10,215
Jun 200001,02929.304.40$4,525
May 20001811,36327.263.68$9,950
Apr 200001,18824.513.12$3,702
Mar 200001,04528.422.86$2,988
Feb 200011,47127.622.73$4,038
Jan 200001,49925.272.48$3,718
Dec 199902,20624.282.42$5,347
Nov 19991842,20323.192.43$9,629
Oct 199911,98720.982.80$5,592
Sep 199902,08421.752.62$5,458
Aug 199902,39619.262.88$6,890
Jul 1999194317.892.37$2,255
Jun 19991842,08915.942.36$7,867
May 199922,80215.792.32$6,535
Apr 199911,49215.102.21$3,310
Mar 199902,53812.471.84$4,666
Feb 199902,0219.981.82$3,674
Jan 199902,06510.381.90$3,923
Dec 199801,3939.201.77$2,470
Nov 19981902,61610.892.19$7,787
Oct 199822,16212.421.97$4,282
Sep 199802,59312.592.08$5,400
Aug 1998184011.301.91$2,079
Jul 199801,41111.742.24$3,157
Jun 199802,42711.242.24$5,430
May 199813,62412.622.21$8,008
Apr 199802,50713.042.51$6,281
Mar 199802,34712.802.31$5,420
Feb 199812,34013.952.30$5,394
Jan 199832,47314.702.15$5,373
Dec 199742,46216.322.41$6,001
Nov 19971793,68418.193.09$14,633
Oct 199702,60219.253.15$8,196
Sep 199712,87517.742.95$8,513
Aug 199723,38317.862.55$8,678
Jul 199703,32217.582.25$7,464
Jun 19971903,10817.242.26$10,291
May 199703,22818.972.31$7,452
Apr 199701,89817.882.08$3,953
Mar 199702,35918.951.94$4,574
Feb 199761,64820.492.21$3,758
Jan 199701,69123.483.54$5,986
Dec 19961891,51123.32$4,407
Nov 199632,97621.97$66
Oct 199643,45323.31$93
Sep 199623,64522.22$44
Aug 19961843,61520.26$3,728
Jul 199613,75119.55$20
Jun 199613,50918.73$19
May 199612,60219.43$19
Apr 19961843,63021.51$3,958
Mar 199613,57019.38$19
Feb 199613,60016.98$17
Jan 199612,77217.07$17
Dec 19951842,80617.19$3,163
Nov 199512,71516.00$16
Oct 199512,81715.43$15
Sep 199512,71416.18$16
Aug 19951772,82815.92$2,818
Jul 199513,28815.24$15
Jun 199512,70316.41$16
May 19951862,72717.56$3,266
Apr 199522,66917.73$35
Mar 199552,71516.44$82
Feb 199502,54416.58$0
Jan 19951862,71515.92$2,961
Dec 199413,38515.03$15
Nov 199413,63615.90$16
Oct 19941843,30715.58$2,867
Sep 199413,26515.29$15
Aug 199413,45016.13$16
Jul 19941823,38817.56$3,196
Jun 19941813,22417.09$3,093
May 199403,30615.88$0
Apr 199403,25614.14$0
Mar 199413,39912.46$12
Feb 199413,04012.50$13
Jan 199412,58912.66$13
Dec 19931883,50512.33$2,318
Nov 19931903,25414.49$2,753
Oct 199305,46615.85$0
Sep 19931844,65015.03$2,766
Aug 199315,23115.66$16
Jul 199315,75415.46$15
Jun 199315,50116.79$17
May 199315,37917.68$18
Apr 199314,70618.05$18
Mar 19932134,40718.14$3,864
Feb 199314,79017.90$18
Jan 199325,54016.93$34

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.

Jan 2003 — as filed, then multipliedworked
Condensate           162 bbl  × $ 30.31 =     $4,910
Gas                  150 Mcf  × $  5.58 =       $837

────────────────────────────────────────────────────
Month total                                   $5,748

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/76640 is the state's own key, not one this site invented.