COLE, PEARL & JOE

Operated by AGGIETECH OIL, LTD. (P-5 8718) in the CLYDE REYNOLDS (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 25276District 08Field 19097600NGPA filingOilCasinghead gasSaveExport
Value, all time
$1.7 M
Jan 1993 – Jul 2011
Value, last 12 filed months
$107 k
at the published price for each month
Months reported
223
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 10 leases and 13 wells, and the rule below applies to all of them.

Discovered
1975-09-01
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: INTO CLYDE-REYNOLDS (WOLFCAMP CONS) EFFECTIVE 3/22/11.

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
OilDisposition35,533 bbl$1,386,888
Casinghead gasProduction72,061 Mcf$325,175
Total$1,712,063

15,950 Mcf of this lease's gas, across 46 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 31.9086, -101.3315. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.90864, -101.33152 · 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
8,010 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 8,010 ft.

1 well

42-1733094618,010 ftYes

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 (223)

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

223 months

Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 201135815796.364.06$35,134
Feb 20111834085.644.18$15,839
Jan 201106586.504.59$298
Dec 201018228585.734.35$16,842
Nov 201002880.843.80$106
Oct 20101614178.103.51$12,718
Sep 2010185072.633.98$13,437
Aug 2010177073.684.42$13,041
Jul 2010182872.554.74$13,242
Jun 2010184070.364.91$12,946
May 201017822071.124.24$13,591
Apr 2010019981.694.12$820
Mar 201017947778.394.39$16,125
Feb 201017733873.585.44$14,863
Jan 2010016974.365.96$1,008
Dec 2009033871.445.48$1,854
Nov 200917750874.593.75$15,108
Oct 200917956572.544.11$15,307
Sep 2009046665.543.06$1,428
Aug 200918144567.423.22$13,635
Jul 2009129661.133.46$1,087
Jun 200917952066.163.90$13,868
May 2009135354.743.93$1,441
Apr 20090046.773.59$0
Mar 20091042.144.06$42
Feb 20091032.814.63$33
Jan 20090035.865.37$0
Dec 20081037.105.98$37
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 2008288352114.228.48$35,881
Jul 2008355564131.0811.39$52,957
Jun 2008348552131.3313.03$52,897
May 20080634123.1711.57$7,338
Apr 20080139110.3110.45$1,453
Mar 2008554400101.909.66$60,318
Feb 200817650992.538.77$20,750
Jan 200850958390.388.21$50,787
Dec 2007022188.337.30$1,614
Nov 200736022191.677.29$34,613
Oct 200717652882.856.92$18,236
Sep 200717680775.846.24$18,387
Aug 200718071469.066.39$16,992
Jul 20070070.906.39$0
Jun 20070462.007.55$30
May 20071811,99558.747.85$26,285
Apr 20071812,29159.617.81$28,671
Mar 20073511,66956.927.30$32,166
Feb 2007096755.108.22$7,945
Jan 20073401,03550.306.73$24,064
Dec 2006086556.656.92$5,984
Nov 200632844154.207.62$21,137
Oct 200617953754.906.01$13,057
Sep 200617754960.085.04$13,400
Aug 200634264268.717.34$28,211
Jul 200633678569.376.34$28,287
Jun 20061801,01066.286.38$18,378
May 200632990966.016.42$27,558
Apr 20065041,26764.397.36$41,778
Mar 20063331,58156.707.08$30,079
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 200515040061.519.80$13,145
Jul 20050055.697.84$0
Jun 2005016452.337.38$1,210
May 200517648045.226.65$11,151
Apr 200518048849.207.36$12,448
Mar 200536148850.377.15$21,675
Feb 200518048045.226.31$11,169
Jan 200518031543.166.32$9,760
Dec 200418060539.866.75$11,259
Nov 200418061145.286.33$12,018
Oct 200417756449.706.52$12,471
Sep 200435275043.245.28$19,183
Aug 200418061142.375.55$11,018
Jul 200433062038.286.08$16,405
Jun 200433051236.106.43$15,207
May 200433034037.486.49$14,577
Apr 200418042034.475.86$8,665
Mar 200418052034.365.53$9,060
Feb 20040032.455.51$0
Jan 200417032232.036.30$7,474
Dec 2003020930.266.30$1,317
Nov 200317564628.804.60$8,008
Oct 200332076328.174.76$12,646
Sep 200334070326.314.75$12,284
Aug 200334090929.765.13$14,781
Jul 200336050729.415.17$13,209
Jun 200318036028.565.98$7,295
May 2003035426.595.97$2,114
Apr 20031696026.675.41$4,832
Mar 200317333531.146.10$7,429
Feb 2003035433.487.93$2,806
Jan 200337441330.315.58$13,641
Dec 2002030526.914.85$1,480
Nov 200239736024.664.14$11,279
Oct 200219837326.464.23$6,817
Sep 200218335027.443.64$6,294
Aug 200216515025.963.16$4,758
Jul 20021506024.583.06$3,871
Jun 20020023.733.34$0
May 20021346824.663.58$3,548
Apr 200207023.653.51$246
Mar 200215025022.003.10$4,076
Feb 200219820218.222.38$4,087
Jan 200219011817.172.38$3,543
Dec 200120025016.932.36$3,977
Nov 200118917018.072.41$3,824
Oct 200118025019.782.53$4,193
Sep 200119816524.262.25$5,175
Aug 200130018024.873.05$8,011
Jul 200117517923.933.20$4,760
Jun 200116013224.563.82$4,434
May 200105025.524.31$215
Apr 200102024.685.34$107
Mar 200115013024.545.38$4,380
Feb 20012553527.755.77$7,278
Jan 200135018327.478.40$11,151
Dec 200035019526.889.12$11,187
Nov 2000017532.215.66$990
Oct 200036021231.235.15$12,334
Sep 200036022631.875.19$12,645
Aug 200035719029.644.54$11,444
Jul 20003763028.534.09$10,850
Jun 200035022229.304.40$11,231
May 200039148227.263.68$12,432
Apr 200018021224.513.12$5,072
Mar 200007528.422.86$214
Feb 2000012527.622.73$341
Jan 200037023025.272.48$9,920
Dec 199937429724.282.42$9,801
Nov 199917517923.192.43$4,494
Oct 199915015020.982.80$3,568
Sep 199901421.752.62$37
Aug 1999015019.262.88$431
Jul 199918019017.892.37$3,671
Jun 199934417015.942.36$5,885
May 199919012315.792.32$3,286
Apr 1999011015.102.21$243
Mar 199918413012.471.84$2,533
Feb 19991841689.981.82$2,142
Jan 1999012010.381.90$228
Dec 19981571459.201.77$1,702
Nov 199829514810.892.19$3,536
Oct 1998015012.421.97$295
Sep 199814014912.592.08$2,073
Aug 199813621011.301.91$1,937
Jul 199821320811.742.24$2,966
Jun 199831235911.242.24$4,310
May 199814222212.622.21$2,282
Apr 199816023013.042.51$2,663
Mar 199818514912.802.31$2,712
Feb 199831511513.952.30$4,659
Jan 1998015214.702.15$328
Dec 199713518316.322.41$2,644
Nov 199714531818.193.09$3,620
Oct 199718936019.253.15$4,772
Sep 199719236817.742.95$4,493
Aug 199718417917.862.55$3,744
Jul 199717917917.582.25$3,549
Jun 199736918517.242.26$6,779
May 1997021618.972.31$499
Apr 199732118317.882.08$6,121
Mar 1997029018.951.94$562
Feb 199738624320.492.21$8,445
Jan 199718935323.483.54$5,687
Dec 199617743123.32$4,128
Nov 19960021.97$0
Oct 199601723.31$0
Sep 199634930022.22$7,755
Aug 199618138320.26$3,667
Jul 199636557119.55$7,136
Jun 19961801,01018.73$3,371
May 199618713819.43$3,633
Apr 19960521.51$0
Mar 199601519.38$0
Feb 199601616.98$0
Jan 199603017.07$0
Dec 199502017.19$0
Nov 199502816.00$0
Oct 1995037315.43$0
Sep 199517942516.18$2,896
Aug 199517242115.92$2,738
Jul 199517742715.24$2,697
Jun 199517940216.41$2,937
May 199519142117.56$3,354
Apr 199517943317.73$3,174
Mar 199518547416.44$3,041
Feb 199534649216.58$5,737
Jan 1995053715.92$0
Dec 19940015.03$0
Nov 199402015.90$0
Oct 199417847815.58$2,773
Sep 199436247915.29$5,535
Aug 1994052016.13$0
Jul 199418153617.56$3,178
Jun 199418548717.09$3,162
May 199417844815.88$2,827
Apr 199418246514.14$2,573
Mar 199433647412.46$4,187
Feb 1994043812.50$0
Jan 199453257912.66$6,735
Dec 19931801,04112.33$2,219
Nov 19930514.49$0
Oct 19930315.85$0
Sep 19931315.03$15
Aug 199311115.66$16
Jul 199313715.46$15
Jun 1993112016.79$17
May 199318444317.68$3,253
Apr 199318631518.05$3,357
Mar 199318643718.14$3,374
Feb 199332052217.90$5,728
Jan 199315472016.93$2,607

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 2011 — as filed, then multipliedworked
Oil                  358 bbl  × $ 96.36 =    $34,497
Casinghead gas       157 Mcf  × $  4.06 =       $637

────────────────────────────────────────────────────
Month total                                  $35,134

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/25276 is the state's own key, not one this site invented.