COPE-SEALE UNIT

Name: COPE-SEALE UNIT lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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 26462District 08Field 20101500NGPA filingOilCasinghead gasSave Export

Value, all time

$529 k

Jan 1993 – Mar 2003

Value, last 12 filed months

$44 k

at the published price for each month

Months reported

123

no gaps in the span

Streams

oil, casinghead gas

The CONGER, SW (PENN) field

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	3	none	—	—

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.

Stream	Basis	Volume	Value
Oil	Disposition	6,193 bbl	$116,054
Casinghead gas	Production	282,426 Mcf	$413,311
Total			$529,364

148,993 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 31.6873, -101.2535. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

31.68735, -101.25351 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

8,408 ft

2 wells filed one

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.

How deep they were drilled

Between 8,400 and 8,415 ft, median 8,408 ft, over the 2 wells that filed a depth.

Completions filed

Nov 2002

2 of 2 wells

2 wells


42-43131537	2	8,400 ft	Nov 2002	—	Yes
42-43130945	1	8,415 ft	Nov 2002	—	Yes

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 (123)

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

123 months


Mar 2003	0	0	31.14	6.10	$0
Feb 2003	0	0	33.48	7.93	$0
Jan 2003	0	0	30.31	5.58	$0
Dec 2002	0	0	26.91	4.85	$0
Nov 2002	12	439	24.66	4.14	$2,112
Oct 2002	46	1,353	26.46	4.23	$6,939
Sep 2002	53	1,416	27.44	3.64	$6,602
Aug 2002	34	1,401	25.96	3.16	$5,316
Jul 2002	11	1,544	24.58	3.06	$4,998
Jun 2002	39	1,476	23.73	3.34	$5,853
May 2002	33	1,548	24.66	3.58	$6,362
Apr 2002	30	1,503	23.65	3.51	$5,989
Mar 2002	37	1,582	22.00	3.10	$5,723
Feb 2002	32	1,396	18.22	2.38	$3,899
Jan 2002	41	1,561	17.17	2.38	$4,412
Dec 2001	46	1,590	16.93	2.36	$4,538
Nov 2001	38	1,544	18.07	2.41	$4,401
Oct 2001	53	1,665	19.78	2.53	$5,259
Sep 2001	54	1,677	24.26	2.25	$5,086
Aug 2001	42	1,656	24.87	3.05	$6,101
Jul 2001	48	1,643	23.93	3.20	$6,401
Jun 2001	37	1,591	24.56	3.82	$6,993
May 2001	43	1,916	25.52	4.31	$9,350
Apr 2001	42	1,864	24.68	5.34	$10,982
Mar 2001	41	1,941	24.54	5.38	$11,442
Feb 2001	40	1,755	27.75	5.77	$11,231
Jan 2001	53	1,951	27.47	8.40	$17,842
Dec 2000	47	1,997	26.88	9.12	$19,481
Nov 2000	51	1,943	32.21	5.66	$12,636
Oct 2000	50	1,982	31.23	5.15	$11,760
Sep 2000	38	1,944	31.87	5.19	$11,294
Aug 2000	62	1,767	29.64	4.54	$9,861
Jul 2000	48	1,632	28.53	4.09	$8,044
Jun 2000	49	1,672	29.30	4.40	$8,788
May 2000	49	1,912	27.26	3.68	$8,371
Apr 2000	46	1,953	24.51	3.12	$7,213
Mar 2000	44	1,944	28.42	2.86	$6,810
Feb 2000	54	1,596	27.62	2.73	$5,843
Jan 2000	50	1,850	25.27	2.48	$5,852
Dec 1999	56	1,927	24.28	2.42	$6,030
Nov 1999	66	1,820	23.19	2.43	$5,960
Oct 1999	62	1,844	20.98	2.80	$6,471
Sep 1999	53	1,747	21.75	2.62	$5,728
Aug 1999	57	1,907	19.26	2.88	$6,582
Jul 1999	49	1,954	17.89	2.37	$5,512
Jun 1999	55	1,897	15.94	2.36	$5,358
May 1999	71	1,913	15.79	2.32	$5,561
Apr 1999	57	1,823	15.10	2.21	$4,886
Mar 1999	43	1,819	12.47	1.84	$3,880
Feb 1999	40	1,669	9.98	1.82	$3,433
Jan 1999	41	1,933	10.38	1.90	$4,098
Dec 1998	36	1,815	9.20	1.77	$3,550
Nov 1998	48	1,749	10.89	2.19	$4,346
Oct 1998	55	1,712	12.42	1.97	$4,054
Sep 1998	43	1,966	12.59	2.08	$4,636
Aug 1998	52	2,347	11.30	1.91	$5,064
Jul 1998	36	2,351	11.74	2.24	$5,682
Jun 1998	52	2,183	11.24	2.24	$5,468
May 1998	58	2,026	12.62	2.21	$5,202
Apr 1998	62	1,969	13.04	2.51	$5,741
Mar 1998	49	2,209	12.80	2.31	$5,729
Feb 1998	41	2,034	13.95	2.30	$5,248
Jan 1998	48	2,204	14.70	2.15	$5,455
Dec 1997	46	2,126	16.32	2.41	$5,877
Nov 1997	42	1,978	18.19	3.09	$6,873
Oct 1997	47	1,979	19.25	3.15	$7,138
Sep 1997	52	2,392	17.74	2.95	$7,991
Aug 1997	50	2,488	17.86	2.55	$7,249
Jul 1997	83	2,560	17.58	2.25	$7,211
Jun 1997	50	2,366	17.24	2.26	$6,203
May 1997	66	2,485	18.97	2.31	$6,989
Apr 1997	59	2,473	17.88	2.08	$6,206
Mar 1997	46	2,541	18.95	1.94	$5,799
Feb 1997	47	2,233	20.49	2.21	$5,889
Jan 1997	34	2,790	23.48	3.54	$10,674
Dec 1996	38	3,166	23.32	—	$886
Nov 1996	41	2,967	21.97	—	$901
Oct 1996	53	3,535	23.31	—	$1,235
Sep 1996	54	3,691	22.22	—	$1,200
Aug 1996	49	3,679	20.26	—	$993
Jul 1996	45	3,474	19.55	—	$880
Jun 1996	46	3,168	18.73	—	$862
May 1996	50	3,271	19.43	—	$972
Apr 1996	62	3,392	21.51	—	$1,334
Mar 1996	63	3,503	19.38	—	$1,221
Feb 1996	57	3,068	16.98	—	$968
Jan 1996	44	3,172	17.07	—	$751
Dec 1995	59	3,393	17.19	—	$1,014
Nov 1995	50	2,561	16.00	—	$800
Oct 1995	59	2,795	15.43	—	$910
Sep 1995	50	2,787	16.18	—	$809
Aug 1995	52	3,686	15.92	—	$828
Jul 1995	50	3,267	15.24	—	$762
Jun 1995	45	3,419	16.41	—	$738
May 1995	53	3,621	17.56	—	$931
Apr 1995	58	3,953	17.73	—	$1,028
Mar 1995	34	2,958	16.44	—	$559
Feb 1995	41	2,532	16.58	—	$680
Jan 1995	58	4,414	15.92	—	$923
Dec 1994	63	4,206	15.03	—	$947
Nov 1994	56	3,637	15.90	—	$890
Oct 1994	49	2,453	15.58	—	$763
Sep 1994	59	4,663	15.29	—	$902
Aug 1994	58	4,746	16.13	—	$936
Jul 1994	53	2,644	17.56	—	$931
Jun 1994	55	2,337	17.09	—	$940
May 1994	62	2,286	15.88	—	$985
Apr 1994	57	2,241	14.14	—	$806
Mar 1994	66	2,297	12.46	—	$822
Feb 1994	71	2,051	12.50	—	$888
Jan 1994	68	3,620	12.66	—	$861
Dec 1993	82	3,335	12.33	—	$1,011
Nov 1993	54	2,322	14.49	—	$782
Oct 1993	82	2,552	15.85	—	$1,300
Sep 1993	76	2,076	15.03	—	$1,142
Aug 1993	77	2,614	15.66	—	$1,206
Jul 1993	61	2,850	15.46	—	$943
Jun 1993	78	2,483	16.79	—	$1,310
May 1993	79	2,685	17.68	—	$1,397
Apr 1993	77	2,382	18.05	—	$1,390
Mar 1993	35	1,819	18.14	—	$635
Feb 1993	136	1,605	17.90	—	$2,434
Jan 1993	83	5,617	16.93	—	$1,405

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 2002 — as filed, then multipliedworked

Oil                   12 bbl  × $ 24.66 =       $296
Casinghead gas       439 Mcf  × $  4.14 =     $1,816

────────────────────────────────────────────────────
Month total                                   $2,112

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/26462 is the state's own key, not one this site invented.