COLE

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

Operated by LEGACY RESERVES OPERATING LP (P-5 495445) in the HOWARD GLASSCOCK (CLEAR FORK,MI) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 30428District 08Field 42971166Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$5.9 M

Jan 1993 – Aug 2012

Value, last 12 filed months

$122 k

at the published price for each month

Months reported

236

no gaps in the span

Streams

oil, casinghead gas

The HOWARD GLASSCOCK (CLEAR FORK,MI) 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 49 leases and 134 wells, and the rule below applies to all of them.

Discovered

1970-01-28

as the register files it

Field class

Oil

the register's own label

Between wells

660 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2010-09-14.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: “11/22/11.”

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	190,245 bbl	$5,865,317
Casinghead gas	Production	6,339 Mcf	$26,566
Total			$5,891,883

21 Mcf of this lease's gas, across 21 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 (7)

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 32.1342, -101.2285. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

32.13379, -101.22992 · 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%

7 of 7 wells

With a plug date

57.1%

4 of 7 wells

Median depth

4,250 ft

7 wells filed one

Completion to plug

6.9 years

median over 4 wells

What the state filed about each well

On the RRC proration schedule

7100.0%

A plug date is filed

457.1%

BothOn the schedule and plugged. Neither fact cancels the other.

457.1%

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 3,800 and 7,900 ft, median 4,250 ft, over the 7 wells that filed a depth.

Completions filed

Dec 1985 – Apr 1996

7 of 7 wells

Plug dates filed

Mar 1991 – Oct 2011

4 of 7 wells; 3 filed none

Last completion to plug: a median of 6.9 years across the 4 wells that filed both dates, with the middle half between 3.9 years and 10.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

7 wells


42-22734995	7W	3,800 ft	Apr 1996	Oct 2011	Yes
42-22734625	2X	3,900 ft	Mar 1991	Jan 1992	Yes
42-22734044	5	4,250 ft	Aug 1987	Jun 1996	Yes
42-22734006	4	4,250 ft	Jun 1986	—	Yes
42-22734007	3	4,285 ft	May 1986	—	Yes
42-22733944	2	7,900 ft	Apr 1986	Mar 1991	Yes
42-22733899	1	4,325 ft	Dec 1985	—	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 (236)

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

236 months


Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	490	0	95.72	3.31	$46,903
Oct 2011	481	0	84.98	3.65	$40,875
Sep 2011	411	0	83.62	3.99	$34,368
Aug 2011	420	0	83.40	4.15	$35,028
Jul 2011	379	0	94.14	4.52	$35,679
Jun 2011	413	0	92.90	4.64	$38,368
May 2011	420	0	98.13	4.40	$41,215
Apr 2011	479	0	105.96	4.33	$50,755
Mar 2011	506	0	96.36	4.06	$48,758
Feb 2011	305	0	85.64	4.18	$26,120
Jan 2011	382	0	86.50	4.59	$33,043
Dec 2010	760	0	85.73	4.35	$65,155
Nov 2010	74	0	80.84	3.80	$5,982
Oct 2010	560	0	78.10	3.51	$43,736
Sep 2010	514	0	72.63	3.98	$37,332
Aug 2010	447	0	73.68	4.42	$32,935
Jul 2010	301	0	72.55	4.74	$21,838
Jun 2010	633	0	70.36	4.91	$44,538
May 2010	379	0	71.12	4.24	$26,954
Apr 2010	421	0	81.69	4.12	$34,391
Mar 2010	550	0	78.39	4.39	$43,115
Feb 2010	301	0	73.58	5.44	$22,148
Jan 2010	534	0	74.36	5.96	$39,708
Dec 2009	473	0	71.44	5.48	$33,791
Nov 2009	406	0	74.59	3.75	$30,284
Oct 2009	583	0	72.54	4.11	$42,291
Sep 2009	510	0	65.54	3.06	$33,425
Aug 2009	291	0	67.42	3.22	$19,619
Jul 2009	533	0	61.13	3.46	$32,582
Jun 2009	374	0	66.16	3.90	$24,744
May 2009	507	0	54.74	3.93	$27,753
Apr 2009	459	0	46.77	3.59	$21,467
Mar 2009	504	0	42.14	4.06	$21,239
Feb 2009	499	0	32.81	4.63	$16,372
Jan 2009	449	0	35.86	5.37	$16,101
Dec 2008	581	0	37.10	5.98	$21,555
Nov 2008	585	0	55.49	6.86	$32,462
Oct 2008	343	0	75.24	6.92	$25,807
Sep 2008	379	0	101.76	7.88	$38,567
Aug 2008	574	0	114.22	8.48	$65,562
Jul 2008	488	0	131.08	11.39	$63,967
Jun 2008	513	0	131.33	13.03	$67,372
May 2008	459	0	123.17	11.57	$56,535
Apr 2008	575	0	110.31	10.45	$63,428
Mar 2008	500	0	101.90	9.66	$50,950
Feb 2008	398	0	92.53	8.77	$36,827
Jan 2008	424	0	90.38	8.21	$38,321
Dec 2007	475	0	88.33	7.30	$41,957
Nov 2007	591	0	91.67	7.29	$54,177
Oct 2007	551	0	82.85	6.92	$45,650
Sep 2007	459	0	75.84	6.24	$34,811
Aug 2007	499	0	69.06	6.39	$34,461
Jul 2007	464	0	70.90	6.39	$32,898
Jun 2007	447	0	62.00	7.55	$27,714
May 2007	463	0	58.74	7.85	$27,197
Apr 2007	447	0	59.61	7.81	$26,646
Mar 2007	480	0	56.92	7.30	$27,322
Feb 2007	502	0	55.10	8.22	$27,660
Jan 2007	459	0	50.30	6.73	$23,088
Dec 2006	552	0	56.65	6.92	$31,271
Nov 2006	530	0	54.20	7.62	$28,726
Oct 2006	550	0	54.90	6.01	$30,195
Sep 2006	622	0	60.08	5.04	$37,370
Aug 2006	617	0	68.71	7.34	$42,394
Jul 2006	646	0	69.37	6.34	$44,813
Jun 2006	435	0	66.28	6.38	$28,832
May 2006	592	0	66.01	6.42	$39,078
Apr 2006	596	0	64.39	7.36	$38,376
Mar 2006	412	0	56.70	7.08	$23,360
Feb 2006	450	0	57.59	7.75	$25,916
Jan 2006	619	0	60.59	8.93	$37,505
Dec 2005	590	0	54.94	13.42	$32,415
Nov 2005	533	0	54.69	10.59	$29,150
Oct 2005	586	0	58.34	13.80	$34,187
Sep 2005	535	0	61.45	12.08	$32,876
Aug 2005	499	0	61.51	9.80	$30,693
Jul 2005	510	0	55.69	7.84	$28,402
Jun 2005	551	0	52.33	7.38	$28,834
May 2005	583	0	45.22	6.65	$26,363
Apr 2005	537	0	49.20	7.36	$26,420
Mar 2005	553	0	50.37	7.15	$27,855
Feb 2005	524	0	45.22	6.31	$23,695
Jan 2005	608	0	43.16	6.32	$26,241
Dec 2004	574	0	39.86	6.75	$22,880
Nov 2004	482	0	45.28	6.33	$21,825
Oct 2004	617	0	49.70	6.52	$30,665
Sep 2004	591	0	43.24	5.28	$25,555
Aug 2004	617	0	42.37	5.55	$26,142
Jul 2004	627	93	38.28	6.08	$24,567
Jun 2004	592	90	36.10	6.43	$21,950
May 2004	604	93	37.48	6.49	$23,242
Apr 2004	628	90	34.47	5.86	$22,174
Mar 2004	674	93	34.36	5.53	$23,673
Feb 2004	550	87	32.45	5.51	$18,327
Jan 2004	635	93	32.03	6.30	$20,925
Dec 2003	660	93	30.26	6.30	$20,558
Nov 2003	658	90	28.80	4.60	$19,364
Oct 2003	660	93	28.17	4.76	$19,035
Sep 2003	550	76	26.31	4.75	$14,831
Aug 2003	676	93	29.76	5.13	$20,595
Jul 2003	676	93	29.41	5.17	$20,362
Jun 2003	703	90	28.56	5.98	$20,616
May 2003	664	93	26.59	5.97	$18,211
Apr 2003	664	90	26.67	5.41	$18,196
Mar 2003	709	93	31.14	6.10	$22,645
Feb 2003	609	84	33.48	7.93	$21,055
Jan 2003	622	93	30.31	5.58	$19,372
Dec 2002	675	93	26.91	4.85	$18,616
Nov 2002	653	90	24.66	4.14	$16,475
Oct 2002	681	93	26.46	4.23	$18,413
Sep 2002	671	90	27.44	3.64	$18,739
Aug 2002	685	93	25.96	3.16	$18,077
Jul 2002	595	93	24.58	3.06	$14,910
Jun 2002	621	90	23.73	3.34	$15,037
May 2002	702	93	24.66	3.58	$17,645
Apr 2002	675	90	23.65	3.51	$16,280
Mar 2002	706	93	22.00	3.10	$15,821
Feb 2002	628	84	18.22	2.38	$11,642
Jan 2002	686	93	17.17	2.38	$12,000
Dec 2001	688	93	16.93	2.36	$11,868
Nov 2001	662	90	18.07	2.41	$12,179
Oct 2001	688	93	19.78	2.53	$13,844
Sep 2001	674	90	24.26	2.25	$16,554
Aug 2001	764	93	24.87	3.05	$19,285
Jul 2001	802	89	23.93	3.20	$19,476
Jun 2001	824	90	24.56	3.82	$20,582
May 2001	733	91	25.52	4.31	$19,098
Apr 2001	777	90	24.68	5.34	$19,657
Mar 2001	720	90	24.54	5.38	$18,153
Feb 2001	408	84	27.75	5.77	$11,806
Jan 2001	798	93	27.47	8.40	$22,702
Dec 2000	1,059	93	26.88	9.12	$29,314
Nov 2000	1,043	90	32.21	5.66	$34,104
Oct 2000	1,081	93	31.23	5.15	$34,238
Sep 2000	1,047	90	31.87	5.19	$33,835
Aug 2000	1,078	93	29.64	4.54	$32,374
Jul 2000	1,090	93	28.53	4.09	$31,478
Jun 2000	1,042	90	29.30	4.40	$30,926
May 2000	935	93	27.26	3.68	$25,830
Apr 2000	654	90	24.51	3.12	$16,310
Mar 2000	692	93	28.42	2.86	$19,933
Feb 2000	623	1,313	27.62	2.73	$20,787
Jan 2000	0	93	25.27	2.48	$231
Dec 1999	651	93	24.28	2.42	$16,032
Nov 1999	645	0	23.19	2.43	$14,958
Oct 1999	644	0	20.98	2.80	$13,511
Sep 1999	626	0	21.75	2.62	$13,616
Aug 1999	662	0	19.26	2.88	$12,750
Jul 1999	746	0	17.89	2.37	$13,346
Jun 1999	883	0	15.94	2.36	$14,075
May 1999	699	0	15.79	2.32	$11,037
Apr 1999	905	0	15.10	2.21	$13,666
Mar 1999	932	0	12.47	1.84	$11,622
Feb 1999	833	0	9.98	1.82	$8,313
Jan 1999	950	0	10.38	1.90	$9,861
Dec 1998	1,006	0	9.20	1.77	$9,255
Nov 1998	1,255	0	10.89	2.19	$13,667
Oct 1998	1,313	0	12.42	1.97	$16,307
Sep 1998	1,294	0	12.59	2.08	$16,291
Aug 1998	1,326	0	11.30	1.91	$14,984
Jul 1998	1,339	0	11.74	2.24	$15,720
Jun 1998	1,334	0	11.24	2.24	$14,994
May 1998	1,344	0	12.62	2.21	$16,961
Apr 1998	1,319	0	13.04	2.51	$17,200
Mar 1998	1,351	0	12.80	2.31	$17,293
Feb 1998	1,230	0	13.95	2.30	$17,159
Jan 1998	1,355	0	14.70	2.15	$19,919
Dec 1997	1,367	0	16.32	2.41	$22,309
Nov 1997	1,257	0	18.19	3.09	$22,865
Oct 1997	1,332	0	19.25	3.15	$25,641
Sep 1997	1,327	0	17.74	2.95	$23,541
Aug 1997	1,334	0	17.86	2.55	$23,825
Jul 1997	1,368	0	17.58	2.25	$24,049
Jun 1997	1,315	0	17.24	2.26	$22,671
May 1997	1,290	0	18.97	2.31	$24,471
Apr 1997	1,288	0	17.88	2.08	$23,029
Mar 1997	1,365	0	18.95	1.94	$25,867
Feb 1997	1,169	0	20.49	2.21	$23,953
Jan 1997	1,201	0	23.48	3.54	$28,199
Dec 1996	1,404	0	23.32	—	$32,741
Nov 1996	1,378	0	21.97	—	$30,275
Oct 1996	1,441	0	23.31	—	$33,590
Sep 1996	1,405	0	22.22	—	$31,219
Aug 1996	1,451	0	20.26	—	$29,397
Jul 1996	1,467	0	19.55	—	$28,680
Jun 1996	1,398	0	18.73	—	$26,185
May 1996	1,441	0	19.43	—	$27,999
Apr 1996	1,445	0	21.51	—	$31,082
Mar 1996	1,388	0	19.38	—	$26,899
Feb 1996	1,331	0	16.98	—	$22,600
Jan 1996	1,435	0	17.07	—	$24,495
Dec 1995	1,431	0	17.19	—	$24,599
Nov 1995	1,380	0	16.00	—	$22,080
Oct 1995	1,439	0	15.43	—	$22,204
Sep 1995	1,398	0	16.18	—	$22,620
Aug 1995	1,461	0	15.92	—	$23,259
Jul 1995	1,463	0	15.24	—	$22,296
Jun 1995	1,430	0	16.41	—	$23,466
May 1995	1,470	0	17.56	—	$25,813
Apr 1995	1,398	0	17.73	—	$24,787
Mar 1995	1,429	0	16.44	—	$23,493
Feb 1995	1,307	0	16.58	—	$21,670
Jan 1995	1,431	0	15.92	—	$22,782
Dec 1994	1,444	0	15.03	—	$21,703
Nov 1994	1,401	0	15.90	—	$22,276
Oct 1994	1,467	0	15.58	—	$22,856
Sep 1994	1,418	1	15.29	—	$21,681
Aug 1994	1,464	1	16.13	—	$23,614
Jul 1994	1,397	1	17.56	—	$24,531
Jun 1994	1,411	1	17.09	—	$24,114
May 1994	1,468	1	15.88	—	$23,312
Apr 1994	1,337	1	14.14	—	$18,905
Mar 1994	1,423	1	12.46	—	$17,731
Feb 1994	1,282	1	12.50	—	$16,025
Jan 1994	1,412	1	12.66	—	$17,876
Dec 1993	1,427	1	12.33	—	$17,595
Nov 1993	1,351	1	14.49	—	$19,576
Oct 1993	1,423	1	15.85	—	$22,555
Sep 1993	1,453	1	15.03	—	$21,839
Aug 1993	1,354	1	15.66	—	$21,204
Jul 1993	1,355	1	15.46	—	$20,948
Jun 1993	1,496	1	16.79	—	$25,118
May 1993	1,449	1	17.68	—	$25,618
Apr 1993	907	1	18.05	—	$16,371
Mar 1993	1,428	1	18.14	—	$25,904
Feb 1993	1,370	1	17.90	—	$24,523
Jan 1993	1,496	1	16.93	—	$25,327

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 2011 — as filed, then multipliedworked

Oil                  490 bbl  × $ 95.72 =    $46,903
Casinghead gas         0 Mcf  × $  3.31 =         $0

────────────────────────────────────────────────────
Month total                                  $46,903

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/30428 is the state's own key, not one this site invented.