COWDEN -B-

Operated by B & R OIL, INC. (P-5 41156) in the EMBAR (5600) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 11866District 08Field 28843888OilCasinghead gasSaveExport
Value, all time
$1.5 M
Jan 1993 – May 2009
Value, last 12 filed months
$70 k
at the published price for each month
Months reported
197
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 32 leases and 130 wells, and the rule below applies to all of them.

Discovered
1955-12-04
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,050 ft
minimum
From a lease line
555 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1995-09-14.

The Commission's schedule remark for this field reads: INTO THE EMBAR (PERMIAN) FIELD.

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
OilDisposition22,125 bbl$825,584
Casinghead gasProduction189,477 Mcf$694,994
Total$1,520,578

50,390 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 (2)

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 32.0969, -102.7368. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

32.09694, -102.73680 · 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%
2 of 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
no depth filed
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
2100.0%
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.

2 wells

42-003034091 LYes
42-003034123 TYes

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 (197)

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

197 months

May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 2008358974131.0811.39$58,020
Jun 20080940131.3313.03$12,251
May 2008148968123.1711.57$29,433
Apr 20083401,124110.3110.45$49,257
Mar 200801,197101.909.66$11,568
Feb 20081801,10792.538.77$26,364
Jan 20081731,26290.388.21$25,991
Dec 20073531,33288.337.30$40,907
Nov 200717799891.677.29$23,503
Oct 200717853782.856.92$18,464
Sep 2007054575.846.24$3,403
Aug 200718063369.066.39$16,474
Jul 200717870870.906.39$17,143
Jun 200701,08162.007.55$8,160
May 20071681,17358.747.85$19,072
Apr 20073411,12359.617.81$29,092
Mar 20071941,23956.927.30$20,090
Feb 200717599155.108.22$17,785
Jan 200717862050.306.73$13,124
Dec 200617495256.656.92$16,443
Nov 200617976754.207.62$15,544
Oct 20061801,16654.906.01$16,894
Sep 20061781,32060.085.04$17,343
Aug 20063611,44468.717.34$35,403
Jul 20063541,29569.376.34$32,771
Jun 20061761,33366.286.38$20,175
May 20065261,34266.016.42$43,344
Apr 20063481,19364.397.36$31,189
Mar 20063541,30956.707.08$29,343
Feb 2006058757.597.75$4,550
Jan 200617184660.598.93$17,918
Dec 2005070854.9413.42$9,498
Nov 200517577554.6910.59$17,777
Oct 2005080358.3413.80$11,078
Sep 2005066161.4512.08$7,984
Aug 200518373861.519.80$18,486
Jul 2005088055.697.84$6,902
Jun 200517480152.337.38$15,018
May 2005070745.226.65$4,702
Apr 20051761,07249.207.36$16,550
Mar 200518067050.377.15$13,860
Feb 2005048745.226.31$3,074
Jan 2005060443.166.32$3,819
Dec 200418353439.866.75$10,899
Nov 2004067745.286.33$4,286
Oct 2004069449.706.52$4,521
Sep 200417164043.245.28$10,776
Aug 2004049742.375.55$2,759
Jul 200417868738.286.08$10,994
Jun 2004068336.106.43$4,394
May 2004060437.486.49$3,923
Apr 200417466934.475.86$9,917
Mar 2004080134.365.53$4,430
Feb 200417675332.455.51$9,860
Jan 2004079432.036.30$5,002
Dec 200318478630.266.30$10,521
Nov 2003075428.804.60$3,465
Oct 2003081828.174.76$3,893
Sep 200317978226.314.75$8,423
Aug 2003083829.765.13$4,299
Jul 200317982529.415.17$9,530
Jun 2003081628.565.98$4,882
May 200317490826.595.97$10,050
Apr 2003073326.675.41$3,964
Mar 200318381931.146.10$10,691
Feb 2003070133.487.93$5,556
Jan 200318677130.315.58$9,941
Dec 200201,20226.914.85$5,834
Nov 200201,20724.664.14$4,993
Oct 20021781,25426.464.23$10,013
Sep 200201,24427.443.64$4,522
Aug 20021851,14025.963.16$8,410
Jul 20021811,31224.583.06$8,466
Jun 200201,24123.733.34$4,143
May 200201,30124.663.58$4,663
Apr 20021761,20323.653.51$8,388
Mar 200201,14722.003.10$3,559
Feb 20021931,08418.222.38$6,092
Jan 20021731,20017.172.38$5,821
Dec 200101,23116.932.36$2,911
Nov 200101,10518.072.41$2,658
Oct 20011701,22219.782.53$6,453
Sep 200101,20124.262.25$2,704
Aug 20011691,23924.873.05$7,986
Jul 20011671,28223.933.20$8,095
Jun 200101,22724.563.82$4,692
May 20011691,23925.524.31$9,650
Apr 200101,09624.685.34$5,848
Mar 20011721,29224.545.38$11,167
Feb 200101,22327.755.77$7,053
Jan 20011711,34827.478.40$16,019
Dec 20001701,33126.889.12$16,712
Nov 200001,33532.215.66$7,553
Oct 20001701,16531.235.15$11,304
Sep 200001,14131.875.19$5,918
Aug 20001681,20529.644.54$10,451
Jul 200001,22728.534.09$5,018
Jun 20001541,07629.304.40$9,244
May 200001,14527.263.68$4,213
Apr 20001701,21524.513.12$7,953
Mar 200001,24228.422.86$3,552
Feb 20001841,20127.622.73$8,357
Jan 20001701,25925.272.48$7,419
Dec 199901,24024.282.42$3,005
Nov 19991781,17723.192.43$6,993
Oct 199901,19020.982.80$3,336
Sep 19991671,15221.752.62$6,649
Aug 19991681,25819.262.88$6,853
Jul 199901,30317.892.37$3,091
Jun 19991691,23415.942.36$5,609
May 199901,27315.792.32$2,955
Apr 19991681,23315.102.21$5,259
Mar 199901,38412.471.84$2,544
Feb 19991701,1179.981.82$3,727
Jan 19991681,25810.381.90$4,134
Dec 199801,0669.201.77$1,890
Nov 19981701,26110.892.19$4,607
Oct 199801,27912.421.97$2,519
Sep 199817583912.592.08$3,951
Aug 199818589911.301.91$3,805
Jul 1998063711.742.24$1,425
Jun 1998078911.242.24$1,765
May 199816588412.622.21$4,033
Apr 1998084613.042.51$2,120
Mar 199817082912.802.31$4,091
Feb 1998075713.952.30$1,740
Jan 199816984914.702.15$4,314
Dec 1997081516.322.41$1,965
Nov 199734786718.193.09$8,989
Oct 199716788519.253.15$6,002
Sep 1997094617.742.95$2,795
Aug 19971641,00417.862.55$5,494
Jul 199718697817.582.25$5,467
Jun 1997096417.242.26$2,176
May 199716699718.972.31$5,451
Apr 1997097117.882.08$2,022
Mar 199718987518.951.94$5,278
Feb 199717280220.492.21$5,293
Jan 1997085123.483.54$3,012
Dec 199617066323.32$3,964
Nov 199616990321.97$3,713
Oct 199616496823.31$3,823
Sep 1996089922.22$0
Aug 199616793920.26$3,383
Jul 1996096019.55$0
Jun 199616898418.73$3,147
May 1996093019.43$0
Apr 199616892021.51$3,614
Mar 199617095319.38$3,295
Feb 1996087216.98$0
Jan 199617099917.07$2,902
Dec 199516588217.19$2,836
Nov 1995087916.00$0
Oct 199516698315.43$2,561
Sep 19951691,01716.18$2,734
Aug 199501,07115.92$0
Jul 199516693315.24$2,530
Jun 199516068516.41$2,626
May 199501,02417.56$0
Apr 199516998817.73$2,996
Mar 19951711,02516.44$2,811
Feb 199517593116.58$2,902
Jan 19951693915.92$255
Dec 19941711,00415.03$2,570
Nov 199416899415.90$2,671
Oct 199401,07515.58$0
Sep 19941701,00015.29$2,599
Aug 19941681,12016.13$2,710
Jul 1994092117.56$0
Jun 19941631,01317.09$2,786
May 199416469815.88$2,604
Apr 19941691,01414.14$2,390
Mar 19941681,08012.46$2,093
Feb 1994099312.50$0
Jan 19941861,09012.66$2,355
Dec 19933271,13212.33$4,032
Nov 199301,05514.49$0
Oct 19931521,16315.85$2,409
Sep 19931591,12915.03$2,390
Aug 19931731,19615.66$2,709
Jul 19931681,31615.46$2,597
Jun 19931531,11416.79$2,569
May 19931741,51217.68$3,076
Apr 199301,74718.05$0
Mar 19931771,70018.14$3,211
Feb 19931631,38317.90$2,918
Jan 19931691,59416.93$2,861

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.

Jul 2008 — as filed, then multipliedworked
Oil                  358 bbl  × $131.08 =    $46,927
Casinghead gas       974 Mcf  × $ 11.39 =    $11,093

────────────────────────────────────────────────────
Month total                                  $58,020

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/O/11866 is the state's own key, not one this site invented.