COLT "1"

Operated by THOMPSON, J. CLEO (P-5 855610) in the D. A. (DEVONIAN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 197947District 08Field 224854002 tax incentive programmesCondensateGasSaveExport
Value, all time
$478 k
Jun 2003 – Apr 2009
Value, last 12 filed months
$22 k
at the published price for each month
Months reported
71
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 leases and 4 wells, and the rule below applies to all of them.

Discovered
1976-07-07
as the register files it
Field class
Gas
the register's own label
Between wells
2,640 ft
minimum
From a lease line
1,320 ft
minimum

A drilling unit in this field needs at least 640 acres.

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 01/01/2007.

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 Gas222004-03-11 – 2004-05-042 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
CondensateDisposition29 bbl$1,241
GasProduction78,294 Mcf$476,757
Total$477,998

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 31.2577, -103.1678. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.25765, -103.16781 · 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
0.0%
0 of 1 wells
Median depth
15,920 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
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 15,920 ft.

Completions filed
Jul 2009
1 of 1 wells

1 well

42-38932260115,920 ftJul 2009Yes

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 (71)

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

71 months

Apr 20090046.773.59$0
Mar 20093142.144.06$130
Feb 20091075532.814.63$3,826
Jan 2009027235.865.37$1,461
Dec 2008023137.105.98$1,381
Nov 2008027955.496.86$1,914
Oct 2008025475.246.92$1,758
Sep 20081231101.767.88$1,921
Aug 20081304114.228.48$2,693
Jul 20080359131.0811.39$4,089
Jun 20080201131.3313.03$2,620
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 20080460101.909.66$4,445
Feb 2008044492.538.77$3,894
Jan 200807090.388.21$574
Dec 2007089988.337.30$6,564
Nov 2007021791.677.29$1,582
Oct 2007046682.856.92$3,226
Sep 2007049475.846.24$3,085
Aug 2007031669.066.39$2,019
Jul 2007058970.906.39$3,763
Jun 2007049562.007.55$3,736
May 200704658.747.85$361
Apr 2007081459.617.81$6,353
Mar 2007032556.927.30$2,373
Feb 2007072555.108.22$5,957
Jan 2007044250.306.73$2,973
Dec 2006022456.656.92$1,550
Nov 2006061754.207.62$4,700
Oct 2006049054.906.01$2,947
Sep 2006160660.085.04$3,113
Aug 2006053468.717.34$3,920
Jul 2006069469.376.34$4,402
Jun 2006070866.286.38$4,520
May 2006026866.016.42$1,722
Apr 200609264.397.36$677
Mar 2006085756.707.08$6,070
Feb 2006021057.597.75$1,628
Jan 2006082160.598.93$7,334
Dec 200511,13354.9413.42$15,255
Nov 20050054.6910.59$0
Oct 200506558.3413.80$897
Sep 2005058961.4512.08$7,115
Aug 2005067161.519.80$6,574
Jul 2005025155.697.84$1,969
Jun 20050052.337.38$0
May 2005030945.226.65$2,055
Apr 200501,14449.207.36$8,420
Mar 200501,08050.377.15$7,727
Feb 2005050445.226.31$3,181
Jan 2005081443.166.32$5,146
Dec 200481,00839.866.75$7,124
Nov 2004097445.286.33$6,166
Oct 200401,06449.706.52$6,932
Sep 200401,12943.245.28$5,966
Aug 200401,57742.375.55$8,753
Jul 200411,60738.286.08$9,816
Jun 200401,90836.106.43$12,274
May 200402,03737.486.49$13,229
Apr 200401,92534.475.86$11,278
Mar 200412,12334.365.53$11,775
Feb 200402,12932.455.51$11,730
Jan 200422,44432.036.30$15,460
Dec 200302,67730.266.30$16,869
Nov 200303,22228.804.60$14,806
Oct 200304,63528.174.76$22,061
Sep 200306,40526.314.75$30,420
Aug 2003013,62629.765.13$69,898
Jul 200303,31029.415.17$17,115
Jun 200302,12428.565.98$12,708

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.

Mar 2009 — as filed, then multipliedworked
Condensate             3 bbl  × $ 42.14 =       $126
Gas                    1 Mcf  × $  4.06 =         $4

────────────────────────────────────────────────────
Month total                                     $130

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/197947 is the state's own key, not one this site invented.