COOPER 301

Name: COOPER 301 lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by MDC OPERATING, INC. (P-5 556484) in the COBRA (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 31033District 08Field 19235700Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$1.7 M

Jan 1993 – Feb 2003

Value, last 12 filed months

$5 k

at the published price for each month

Months reported

122

no gaps in the span

Streams

oil, casinghead gas

The COBRA (WOLFCAMP) 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 78 leases and 89 wells, and the rule below applies to all of them.

Discovered

1984-06-20

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,200 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1985-03-01.

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: “FIELD CHANGED FROM ONE WELL TO PRORATED 04/29/2017”

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	94,771 bbl	$1,597,682
Casinghead gas	Production	255,206 Mcf	$82,533
Total			$1,680,215

222,419 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 (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 31.9601, -101.6543. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.96013, -101.65426 · 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%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

8,137 ft

1 wells filed one

Completion to plug

16.0 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

1100.0%

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

1100.0%

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 8,137 ft.

Completions filed

Dec 1986

1 of 1 wells

Plug dates filed

Dec 2002

1 of 1 wells

Last completion to plug: a median of 16.0 years across the 1 well that filed both dates, with the middle half between 16.0 years and 16.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-17331963	301	8,137 ft	Dec 1986	Dec 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 (122)

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

122 months


Feb 2003	0	0	33.48	7.93	$0
Jan 2003	0	0	30.31	5.58	$0
Dec 2002	177	0	26.91	4.85	$4,763
Nov 2002	0	1	24.66	4.14	$4
Oct 2002	0	1	26.46	4.23	$4
Sep 2002	0	1	27.44	3.64	$4
Aug 2002	0	1	25.96	3.16	$3
Jul 2002	0	1	24.58	3.06	$3
Jun 2002	0	1	23.73	3.34	$3
May 2002	0	1	24.66	3.58	$4
Apr 2002	0	1	23.65	3.51	$4
Mar 2002	0	1	22.00	3.10	$3
Feb 2002	0	1	18.22	2.38	$2
Jan 2002	0	1	17.17	2.38	$2
Dec 2001	0	1	16.93	2.36	$2
Nov 2001	0	1	18.07	2.41	$2
Oct 2001	0	1	19.78	2.53	$3
Sep 2001	0	1	24.26	2.25	$2
Aug 2001	0	1	24.87	3.05	$3
Jul 2001	0	1	23.93	3.20	$3
Jun 2001	0	1	24.56	3.82	$4
May 2001	0	1	25.52	4.31	$4
Apr 2001	0	1	24.68	5.34	$5
Mar 2001	0	1	24.54	5.38	$5
Feb 2001	0	1	27.75	5.77	$6
Jan 2001	0	1	27.47	8.40	$8
Dec 2000	0	1	26.88	9.12	$9
Nov 2000	0	1	32.21	5.66	$6
Oct 2000	0	1	31.23	5.15	$5
Sep 2000	0	1	31.87	5.19	$5
Aug 2000	0	1	29.64	4.54	$5
Jul 2000	0	1	28.53	4.09	$4
Jun 2000	0	1	29.30	4.40	$4
May 2000	0	1	27.26	3.68	$4
Apr 2000	0	1	24.51	3.12	$3
Mar 2000	0	1	28.42	2.86	$3
Feb 2000	0	1	27.62	2.73	$3
Jan 2000	0	1	25.27	2.48	$2
Dec 1999	0	1	24.28	2.42	$2
Nov 1999	0	1	23.19	2.43	$2
Oct 1999	144	1	20.98	2.80	$3,024
Sep 1999	0	0	21.75	2.62	$0
Aug 1999	0	0	19.26	2.88	$0
Jul 1999	0	0	17.89	2.37	$0
Jun 1999	0	0	15.94	2.36	$0
May 1999	0	0	15.79	2.32	$0
Apr 1999	0	0	15.10	2.21	$0
Mar 1999	0	0	12.47	1.84	$0
Feb 1999	0	0	9.98	1.82	$0
Jan 1999	0	0	10.38	1.90	$0
Dec 1998	0	0	9.20	1.77	$0
Nov 1998	0	0	10.89	2.19	$0
Oct 1998	0	0	12.42	1.97	$0
Sep 1998	0	0	12.59	2.08	$0
Aug 1998	0	1	11.30	1.91	$2
Jul 1998	0	1	11.74	2.24	$2
Jun 1998	0	60	11.24	2.24	$134
May 1998	449	687	12.62	2.21	$7,182
Apr 1998	442	616	13.04	2.51	$7,307
Mar 1998	450	542	12.80	2.31	$7,012
Feb 1998	428	1,017	13.95	2.30	$8,309
Jan 1998	669	1,109	14.70	2.15	$12,224
Dec 1997	718	896	16.32	2.41	$13,878
Nov 1997	443	1,485	18.19	3.09	$12,644
Oct 1997	621	1,556	19.25	3.15	$16,855
Sep 1997	868	2,519	17.74	2.95	$22,842
Aug 1997	1,050	2,670	17.86	2.55	$25,574
Jul 1997	869	2,700	17.58	2.25	$21,344
Jun 1997	807	2,231	17.24	2.26	$18,948
May 1997	1,040	2,869	18.97	2.31	$26,352
Apr 1997	1,104	2,829	17.88	2.08	$25,632
Mar 1997	879	3,075	18.95	1.94	$22,620
Feb 1997	610	2,337	20.49	2.21	$17,654
Jan 1997	1,057	3,549	23.48	3.54	$37,381
Dec 1996	890	3,467	23.32	—	$20,755
Nov 1996	1,315	4,496	21.97	—	$28,891
Oct 1996	1,581	4,564	23.31	—	$36,853
Sep 1996	1,349	3,893	22.22	—	$29,975
Aug 1996	1,124	3,895	20.26	—	$22,772
Jul 1996	861	3,886	19.55	—	$16,833
Jun 1996	1,240	4,848	18.73	—	$23,225
May 1996	1,566	5,323	19.43	—	$30,427
Apr 1996	1,500	5,527	21.51	—	$32,265
Mar 1996	1,700	4,495	19.38	—	$32,946
Feb 1996	1,643	3,675	16.98	—	$27,898
Jan 1996	1,784	3,267	17.07	—	$30,453
Dec 1995	1,534	3,094	17.19	—	$26,369
Nov 1995	1,643	2,620	16.00	—	$26,288
Oct 1995	1,726	2,979	15.43	—	$26,632
Sep 1995	1,453	2,642	16.18	—	$23,510
Aug 1995	1,305	2,636	15.92	—	$20,776
Jul 1995	1,366	2,857	15.24	—	$20,818
Jun 1995	1,283	2,804	16.41	—	$21,054
May 1995	1,829	3,236	17.56	—	$32,117
Apr 1995	1,354	2,749	17.73	—	$24,006
Mar 1995	1,510	2,748	16.44	—	$24,824
Feb 1995	1,231	2,409	16.58	—	$20,410
Jan 1995	1,545	2,975	15.92	—	$24,596
Dec 1994	1,029	2,342	15.03	—	$15,466
Nov 1994	1,106	2,514	15.90	—	$17,585
Oct 1994	850	3,331	15.58	—	$13,243
Sep 1994	1,589	4,535	15.29	—	$24,296
Aug 1994	2,106	5,118	16.13	—	$33,970
Jul 1994	1,690	4,701	17.56	—	$29,676
Jun 1994	1,870	5,445	17.09	—	$31,958
May 1994	2,096	5,598	15.88	—	$33,284
Apr 1994	1,689	4,957	14.14	—	$23,882
Mar 1994	2,532	5,389	12.46	—	$31,549
Feb 1994	1,803	5,168	12.50	—	$22,538
Jan 1994	2,059	6,658	12.66	—	$26,067
Dec 1993	1,774	6,409	12.33	—	$21,873
Nov 1993	2,409	7,646	14.49	—	$34,906
Oct 1993	2,445	8,567	15.85	—	$38,753
Sep 1993	2,549	7,110	15.03	—	$38,311
Aug 1993	2,880	6,311	15.66	—	$45,101
Jul 1993	2,177	4,910	15.46	—	$33,656
Jun 1993	2,032	4,566	16.79	—	$34,117
May 1993	2,130	5,796	17.68	—	$37,658
Apr 1993	2,004	5,792	18.05	—	$36,172
Mar 1993	2,527	7,034	18.14	—	$45,840
Feb 1993	1,581	7,371	17.90	—	$28,300
Jan 1993	2,687	10,066	16.93	—	$45,491

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.

Dec 2002 — as filed, then multipliedworked

Oil                  177 bbl  × $ 26.91 =     $4,763
Casinghead gas         0 Mcf  × $  4.85 =         $0

────────────────────────────────────────────────────
Month total                                   $4,763

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/31033 is the state's own key, not one this site invented.