NIEBEL

Operated by CABOT OIL & GAS CORPORATION (P-5 121700) in the MINDEN (TRAVIS PEAK CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 14740District 06Field 61792380OilCasinghead gasSaveExport
Value, all time
$3.5 M
Jan 2008 – Sep 2014
Value, last 12 filed months
$0
at the published price for each month
Months reported
81
no gaps in the span
Streams
2
oil, casinghead 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 304 leases and 325 wells, and the rule below applies to all of them.

Discovered
2006-03-28
as the register files it
Field class
Oil and gas
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2008-11-12.

The Commission's schedule remark for this field reads: EFF. 11-12-08. ALLOCATION FORMULA REMAINS SUSPENDED.

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
OilDisposition19,334 bbl$1,743,374
Casinghead gasProduction249,009 Mcf$1,782,031
Total$3,525,405

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 32.0656, -94.6293. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.06555, -94.62930 · 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
8,215 ft
1 wells filed one
Completion to plug
6.4 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 8,215 ft.

Completions filed
Jan 2008
1 of 1 wells
Plug dates filed
Jun 2014
1 of 1 wells

Last completion to plug: a median of 6.4 years across the 1 well that filed both dates, with the middle half between 6.4 years and 6.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4013452648,215 ftJan 2008Jun 2014Yes

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 (81)

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

81 months

Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 20131730104.113.72$18,011
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 2013052294.403.93$2,053
May 2013055894.834.15$2,315
Apr 2013054093.964.28$2,313
Mar 2013072993.623.91$2,852
Feb 201301,40291.233.42$4,795
Jan 201301,58491.603.42$5,417
Dec 20121641,64586.773.42$19,856
Nov 201201,68486.953.62$6,104
Oct 201201,60189.383.40$5,443
Sep 201201,75694.672.92$5,125
Aug 20121601,38792.662.91$18,859
Jul 201201,06685.133.02$3,220
Jun 201201,83979.822.52$4,633
May 20121841,87191.612.49$21,512
Apr 201201,907101.652.00$3,808
Mar 20121771,306105.052.22$21,496
Feb 201201,858101.102.57$4,776
Jan 20121711,31298.092.73$20,361
Dec 201101,66796.873.24$5,401
Nov 20111802,02795.723.31$23,942
Oct 201102,13784.983.65$7,797
Sep 201102,25583.623.99$8,988
Aug 20111832,54683.404.15$25,826
Jul 201102,40794.144.52$10,873
Jun 20113622,52892.904.64$45,359
May 201102,57098.134.40$11,320
Apr 20111752,196105.964.33$28,059
Mar 20111752,86496.364.06$28,483
Feb 20111832,60685.644.18$26,565
Jan 20111733,11586.504.59$29,259
Dec 20103672,82385.734.35$43,737
Nov 20101812,03480.843.80$22,352
Oct 20101792,26878.103.51$21,938
Sep 20103632,43072.633.98$36,035
Aug 20103522,93373.684.42$38,897
Jul 20101792,26872.554.74$23,729
Jun 20103582,30570.364.91$36,507
May 20101781,38371.124.24$18,517
Apr 2010016381.694.12$672
Mar 201018024578.394.39$15,185
Feb 2010042573.585.44$2,313
Jan 20101801,31074.365.96$21,198
Dec 20091802,03771.445.48$24,030
Nov 20091772,17574.593.75$21,362
Oct 20091741,23772.544.11$17,706
Sep 20091771,88665.543.06$17,381
Aug 20091801,64167.423.22$17,417
Jul 20091812,12961.133.46$18,440
Jun 20091772,72366.163.90$22,316
May 20093603,23954.743.93$32,422
Apr 20093553,46946.773.59$29,048
Mar 20093514,03042.144.06$31,149
Feb 20093574,30532.814.63$31,658
Jan 20093715,11535.865.37$40,777
Dec 20085425,38437.105.98$52,289
Nov 20083596,24755.496.86$62,778
Oct 20087166,84675.246.92$101,260
Sep 20085384,819101.767.88$92,707
Aug 20085347,495114.228.48$124,574
Jul 20088859,616131.0811.39$225,527
Jun 20081,25811,441131.3313.03$314,319
May 20081,03616,136123.1711.57$314,367
Apr 20081,37919,448110.3110.45$355,444
Mar 20081,60223,072101.909.66$386,213
Feb 20081,40418,42292.538.77$291,484
Jan 20081,06412,02590.388.21$194,838

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 2013 — as filed, then multipliedworked
Oil                  173 bbl  × $104.11 =    $18,011
Casinghead gas         0 Mcf  × $  3.72 =         $0

────────────────────────────────────────────────────
Month total                                  $18,011

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/O/14740 is the state's own key, not one this site invented.