COPE, E. B. -B-

Operated by CHEVRON U. S. A. INC. (P-5 148113) in the CONGER, SW (PENN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 26419District 08Field 20101500NGPA filingOilCasinghead gasSaveExport
Value, all time
$879 k
Jan 1993 – Sep 2003
Value, last 12 filed months
$75 k
at the published price for each month
Months reported
129
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 271 leases and 445 wells, and the rule below applies to all of them.

Discovered
1979-02-21
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1986-07-01.

The Commission's schedule remark for this field reads: OPERATOR REQUEST. TEXACO E & P INC ALLICIANT..

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
NGPA8none

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
OilDisposition12,799 bbl$223,835
Casinghead gasProduction691,332 Mcf$655,002
Total$878,837

478,746 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 (6)

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 31.6859, -101.2439. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.7 miles.

31.68558, -101.24424 · 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%
6 of 6 wells
With a plug date
0.0%
0 of 6 wells
Median depth
8,375 ft
6 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
6100.0%
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

Between 8,270 and 8,510 ft, median 8,375 ft, over the 6 wells that filed a depth.

Completions filed
Feb 1981 – Mar 2011
6 of 6 wells

6 wells

42-4313094628,349 ftMar 2011Yes
42-4313139448,270 ftApr 2003Yes
42-4313267468,500 ftOct 1993Yes
42-4313267358,510 ftAug 1993Yes
42-4313139538,325 ftNov 1983Yes
42-4313093418,400 ftFeb 1981Yes

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 (129)

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

129 months

Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 2003462526.675.41$3,486
Mar 2003221,92831.146.10$12,438
Feb 2003291,79333.487.93$15,182
Jan 2003362,00530.315.58$12,283
Dec 2002322,01326.914.85$10,632
Nov 2002462,08024.664.14$9,739
Oct 2002442,32526.464.23$10,997
Sep 2002532,27327.443.64$9,717
Aug 2002422,13125.963.16$7,833
Jul 2002322,17924.583.06$7,458
Jun 2002272,09623.733.34$7,638
May 2002212,17524.663.58$8,313
Apr 2002212,14323.653.51$8,024
Mar 2002372,18322.003.10$7,587
Feb 2002231,58118.222.38$4,175
Jan 2002381,75317.172.38$4,817
Dec 2001551,77016.932.36$5,116
Nov 2001721,72418.072.41$5,448
Oct 20011022,21719.782.53$7,624
Sep 2001942,38224.262.25$7,643
Aug 2001692,05524.873.05$7,990
Jul 2001801,97923.933.20$8,241
Jun 2001491,88924.563.82$8,427
May 2001652,10425.524.31$10,721
Apr 2001702,19824.685.34$13,455
Mar 2001552,06624.545.38$12,457
Feb 2001491,93227.755.77$12,502
Jan 2001642,31527.478.40$21,201
Dec 2000652,52926.889.12$24,818
Nov 2000772,08532.215.66$14,277
Oct 2000242,09331.235.15$11,519
Sep 2000341,99731.875.19$11,441
Aug 2000562,26429.644.54$11,940
Jul 2000582,40128.534.09$11,474
Jun 2000532,24429.304.40$11,420
May 2000502,10327.263.68$9,102
Apr 2000572,08224.513.12$7,885
Mar 2000502,12728.422.86$7,504
Feb 2000742,26627.622.73$8,222
Jan 2000722,35125.272.48$7,651
Dec 1999822,62224.282.42$8,346
Nov 19991101,84623.192.43$7,044
Oct 19991162,60620.982.80$9,740
Sep 1999912,48821.752.62$8,495
Aug 19991062,43819.262.88$9,052
Jul 1999632,30917.892.37$6,605
Jun 1999872,51415.942.36$7,325
May 19991052,81615.792.32$8,194
Apr 1999872,45915.102.21$6,743
Mar 1999712,67412.471.84$5,801
Feb 1999522,1639.981.82$4,451
Jan 1999672,79610.381.90$6,008
Dec 19981113,1559.201.77$6,616
Nov 19981374,03810.892.19$10,318
Oct 19981003,11912.421.97$7,384
Sep 1998733,55712.592.08$8,327
Aug 1998632,83211.301.91$6,114
Jul 1998553,71911.742.24$8,966
Jun 1998574,10511.242.24$9,825
May 1998523,93512.622.21$9,338
Apr 1998644,32813.042.51$11,678
Mar 1998644,81512.802.31$11,939
Feb 1998594,83613.952.30$11,942
Jan 1998665,32414.702.15$12,442
Dec 1997634,71516.322.41$12,397
Nov 1997782,55218.193.09$9,300
Oct 1997744,62719.253.15$15,999
Sep 1997714,45217.742.95$14,415
Aug 1997494,62617.862.55$12,693
Jul 1997664,20717.582.25$10,613
Jun 19971124,59217.242.26$12,296
May 1997744,44018.972.31$11,654
Apr 1997694,41517.882.08$10,429
Mar 1997584,71318.951.94$10,238
Feb 1997614,32220.492.21$10,784
Jan 1997524,97523.483.54$18,831
Dec 1996654,91523.32$1,516
Nov 1996694,49721.97$1,516
Oct 1996885,08823.31$2,051
Sep 19961066,45222.22$2,355
Aug 19961087,34920.26$2,188
Jul 1996877,35519.55$1,701
Jun 1996837,18418.73$1,555
May 1996798,79719.43$1,535
Apr 19961208,84321.51$2,581
Mar 19961118,49719.38$2,151
Feb 19961137,70416.98$1,919
Jan 19961077,80617.07$1,826
Dec 19951139,81617.19$1,942
Nov 1995829,61116.00$1,312
Oct 1995998,92915.43$1,528
Sep 1995979,22116.18$1,569
Aug 1995938,57315.92$1,481
Jul 19958311,44315.24$1,265
Jun 19958110,23716.41$1,329
May 19951999,85117.56$3,494
Apr 19952569,26917.73$4,539
Mar 19951658,54316.44$2,713
Feb 1995745,77516.58$1,227
Jan 19951318,84215.92$2,086
Dec 19942118,14615.03$3,171
Nov 19941338,06115.90$2,115
Oct 19941178,36815.58$1,823
Sep 19941048,86615.29$1,590
Aug 19941209,83116.13$1,936
Jul 19941278,21017.56$2,230
Jun 19941138,44517.09$1,931
May 19941539,02615.88$2,430
Apr 199430116,54314.14$4,256
Mar 199432916,89612.46$4,099
Feb 199437216,68112.50$4,650
Jan 199442619,14412.66$5,393
Dec 199346016,96912.33$5,672
Nov 199356313,92614.49$8,158
Oct 199336414,60415.85$5,769
Sep 199333212,07815.03$4,990
Aug 19931859,29515.66$2,897
Jul 199312311,04615.46$1,902
Jun 19931159,60216.79$1,931
May 199311911,71517.68$2,104
Apr 199313211,22418.05$2,383
Mar 199320712,31418.14$3,755
Feb 19931559,19017.90$2,775
Jan 199316313,96916.93$2,760

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.

Apr 2003 — as filed, then multipliedworked
Oil                    4 bbl  × $ 26.67 =       $107
Casinghead gas       625 Mcf  × $  5.41 =     $3,380

────────────────────────────────────────────────────
Month total                                   $3,486

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/26419 is the state's own key, not one this site invented.