COLBY "B"

Operated by WALSH & WATTS, INC. (P-5 895060) in the KERMIT (YATES) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 173334District 08Field 49038639Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$333 k
Mar 1999 – Jan 2022
Value, last 12 filed months
$63
at the published price for each month
Months reported
274
1 month not filed
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 215 leases and 215 wells, and the rule below applies to all of them.

Discovered
1928-05-05
as the register files it
Field class
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 40 acres. The field rule took effect on 1987-06-15.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA SUSPENDED 4/1/95 PER COMPLETED AOF SURVEY

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
CondensateDisposition29 bbl$715
GasProduction67,933 Mcf$332,087
Total$332,803

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 31.8693, -103.1361. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.86927, -103.13607 · 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
3,110 ft
1 wells filed one
Completion to plug
22.7 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 3,110 ft.

Completions filed
Mar 1999
1 of 1 wells
Plug dates filed
Nov 2021
1 of 1 wells

Last completion to plug: a median of 22.7 years across the 1 well that filed both dates, with the middle half between 22.7 years and 22.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4950462183,110 ftMar 1999Nov 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 (274)

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

274 months

Jan 20220081.844.54$0
Nov 202101077.435.24$52
Oct 20210079.795.71$0
Sep 20210269.865.35$11
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 202001530.341.86$28
Feb 202003049.881.98$59
Jan 202003057.252.09$63
Dec 201903859.012.30$88
Nov 201904555.302.75$124
Oct 201904853.472.42$116
Sep 201903255.052.66$85
Aug 201905753.112.30$131
Jul 201905256.272.46$128
Jun 2019014052.782.49$349
May 2019013558.482.74$370
Apr 2019011562.632.75$316
Mar 2019013556.803.06$413
Feb 2019011150.852.79$310
Jan 2019014646.033.23$471
Dec 2018014446.594.19$603
Nov 2018014052.934.24$593
Oct 2018012061.443.40$408
Sep 2018018159.543.11$563
Aug 2018014159.403.07$432
Jul 201808165.142.93$237
Jun 2018018960.183.08$582
May 201808065.382.90$232
Apr 201808063.842.90$232
Mar 201806361.222.79$176
Feb 201808761.782.77$241
Jan 201804462.874.01$176
Dec 201702657.272.92$76
Nov 201704955.423.12$153
Oct 201702149.292.98$63
Sep 201705047.523.09$154
Aug 201704045.373.00$120
Jul 201704243.873.09$130
Jun 201706442.493.09$198
May 201705945.373.26$193
Apr 201703647.933.21$116
Mar 201702846.772.98$84
Feb 20170450.452.95$12
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 201602045.352.69$54
May 201602042.521.99$40
Apr 20160436.561.99$8
Mar 201601133.011.79$20
Feb 201601826.472.06$37
Jan 201605527.352.36$130
Dec 201506432.362.00$128
Nov 201505438.792.17$117
Oct 201504943.552.43$119
Sep 201506042.992.76$166
Aug 201503140.162.87$89
Jul 201508248.152.95$242
Jun 201504856.152.88$138
May 2015013155.212.96$387
Apr 2015013049.822.71$352
Mar 2015010042.892.93$293
Feb 201508544.662.98$253
Jan 201508043.433.10$248
Dec 201404654.693.59$165
Nov 201405270.464.25$221
Oct 201405378.303.90$207
Sep 2014010086.164.05$405
Aug 2014020089.394.04$807
Jul 2014022196.564.18$924
Jun 2014020098.164.74$947
May 2014029994.734.73$1,413
Apr 2014014095.944.81$673
Mar 201409095.895.06$455
Feb 2014010097.406.19$619
Jan 2014013790.404.86$666
Dec 2013014091.824.35$610
Nov 2013020088.853.74$748
Oct 2013010897.423.78$408
Sep 20130116104.113.72$431
Aug 20130100104.253.52$352
Jul 20130160102.523.72$595
Jun 2013015094.403.93$590
May 2013032294.834.15$1,336
Apr 2013015093.964.28$642
Mar 2013025093.623.91$978
Feb 2013030391.233.42$1,036
Jan 2013023591.603.42$804
Dec 2012018086.773.42$616
Nov 2012019086.953.62$689
Oct 2012011489.383.40$388
Sep 2012016694.672.92$484
Aug 2012016792.662.91$486
Jul 2012012785.133.02$384
Jun 2012020079.822.52$504
May 2012027791.612.49$689
Apr 20120190101.652.00$379
Mar 20120335105.052.22$744
Feb 20120240101.102.57$617
Jan 2012018298.092.73$498
Dec 2011016096.873.24$518
Nov 2011023995.723.31$791
Oct 2011018184.983.65$660
Sep 2011021883.623.99$869
Aug 2011024783.404.15$1,025
Jul 2011028094.144.52$1,265
Jun 2011022092.904.64$1,021
May 2011026098.134.40$1,145
Apr 20110200105.964.33$867
Mar 2011023096.364.06$933
Feb 2011026385.644.18$1,099
Jan 2011031086.504.59$1,423
Dec 2010028285.734.35$1,226
Nov 2010020080.843.80$759
Oct 2010017778.103.51$621
Sep 2010041672.633.98$1,655
Aug 2010034273.684.42$1,511
Jul 2010032172.554.74$1,520
Jun 2010034070.364.91$1,670
May 2010019671.124.24$830
Apr 2010016081.694.12$660
Mar 2010020078.394.39$878
Feb 2010016473.585.44$893
Jan 2010015074.365.96$895
Dec 2009028771.445.48$1,574
Nov 2009025074.593.75$938
Oct 2009011172.544.11$456
Sep 2009014165.543.06$432
Aug 200905067.423.22$161
Jul 2009010061.133.46$346
Jun 2009019666.163.90$763
May 2009034254.743.93$1,343
Apr 2009025046.773.59$897
Mar 2009014942.144.06$605
Feb 2009018232.814.63$843
Jan 2009021535.865.37$1,155
Dec 2008026537.105.98$1,584
Nov 2008018055.496.86$1,235
Oct 200801275.246.92$83
Sep 2008020101.767.88$158
Aug 2008080114.228.48$679
Jul 20080142131.0811.39$1,617
Jun 20080200131.3313.03$2,607
May 20080284123.1711.57$3,287
Apr 20080200110.3110.45$2,091
Mar 20080300101.909.66$2,899
Feb 2008034092.538.77$2,982
Jan 2008023090.388.21$1,887
Dec 2007013088.337.30$949
Nov 2007024091.677.29$1,750
Oct 2007019082.856.92$1,315
Sep 2007013075.846.24$812
Aug 2007011569.066.39$735
Jul 2007027470.906.39$1,750
Jun 2007019062.007.55$1,434
May 2007013058.747.85$1,020
Apr 2007015059.617.81$1,171
Mar 2007018556.927.30$1,351
Feb 2007011455.108.22$937
Jan 2007021050.306.73$1,413
Dec 2006032056.656.92$2,214
Nov 2006031854.207.62$2,422
Oct 2006032054.906.01$1,924
Sep 2006031660.085.04$1,592
Aug 2006030068.717.34$2,202
Jul 2006029369.376.34$1,858
Jun 2006033966.286.38$2,164
May 2006034066.016.42$2,185
Apr 2006035064.397.36$2,576
Mar 2006040056.707.08$2,833
Feb 2006026957.597.75$2,085
Jan 2006035460.598.93$3,162
Dec 2005040054.9413.42$5,366
Nov 2005024054.6910.59$2,541
Oct 2005044158.3413.80$6,084
Sep 2005037061.4512.08$4,469
Aug 2005039261.519.80$3,840
Jul 2005037755.697.84$2,957
Jun 2005039552.337.38$2,916
May 2005037545.226.65$2,494
Apr 2005039049.207.36$2,871
Mar 2005043950.377.15$3,141
Feb 2005030045.226.31$1,894
Jan 2005040443.166.32$2,554
Dec 2004039539.866.75$2,667
Nov 2004045745.286.33$2,893
Oct 2004040949.706.52$2,665
Sep 2004051943.245.28$2,742
Aug 2004047542.375.55$2,637
Jul 2004047738.286.08$2,902
Jun 2004044036.106.43$2,831
May 2004050037.486.49$3,247
Apr 2004039334.475.86$2,302
Mar 2004045534.365.53$2,516
Feb 2004038432.455.51$2,116
Jan 2004034032.036.30$2,142
Dec 2003023930.266.30$1,506
Nov 2003034628.804.60$1,590
Oct 2003034128.174.76$1,623
Sep 2003036426.314.75$1,729
Aug 2003035429.765.13$1,816
Jul 2003036029.415.17$1,862
Jun 2003038328.565.98$2,291
May 2003042026.595.97$2,509
Apr 2003027026.675.41$1,460
Mar 2003039631.146.10$2,414
Feb 2003049733.487.93$3,939
Jan 2003057330.315.58$3,199
Dec 2002059526.914.85$2,888
Nov 20022952824.664.14$2,899
Oct 2002069226.464.23$2,927
Sep 2002065427.443.64$2,377
Aug 2002053225.963.16$1,683
Jul 2002047924.583.06$1,467
Jun 2002051923.733.34$1,733
May 2002043824.663.58$1,570
Apr 2002043523.653.51$1,528
Mar 2002048722.003.10$1,511
Feb 2002053718.222.38$1,276
Jan 2002047917.172.38$1,138
Dec 2001043416.932.36$1,026
Nov 2001040218.072.41$967
Oct 2001045319.782.53$1,146
Sep 2001041924.262.25$943
Aug 2001033424.873.05$1,020
Jul 2001051823.933.20$1,656
Jun 2001056524.563.82$2,161
May 2001055925.524.31$2,408
Apr 2001062824.685.34$3,351
Mar 2001065224.545.38$3,505
Feb 2001056827.755.77$3,276
Jan 2001065527.478.40$5,501
Dec 2000078126.889.12$7,125
Nov 2000079332.215.66$4,487
Oct 2000070031.235.15$3,602
Sep 2000067731.875.19$3,511
Aug 2000092029.644.54$4,177
Jul 2000072728.534.09$2,973
Jun 2000059029.304.40$2,594
May 2000066027.263.68$2,429
Apr 2000059224.513.12$1,845
Mar 2000054228.422.86$1,550
Feb 2000058527.622.73$1,595
Jan 2000050225.272.48$1,245
Dec 1999030524.282.42$739
Nov 1999050423.192.43$1,227
Oct 1999051020.982.80$1,430
Sep 1999052121.752.62$1,364
Aug 1999064519.262.88$1,855
Jul 1999081317.892.37$1,929
Jun 1999079915.942.36$1,887
May 1999070815.792.32$1,643
Apr 1999080815.102.21$1,784
Mar 1999092812.471.84$1,706

Not filed, and not zero: Dec 2021. The Railroad Commission holds no report for those months, so this page shows none — a zero would state that the lease produced nothing.

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.

Nov 2021 — as filed, then multipliedworked
Condensate             0 bbl  × $ 77.43 =         $0
Gas                   10 Mcf  × $  5.24 =        $52

────────────────────────────────────────────────────
Month total                                      $52

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. 08/G/173334 is the state's own key, not one this site invented.