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 PHOENIX HYDROCARBONS OPERATING (P-5 664125) in the GOLDSMITH (5600) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 32506District 08Field 35652868OilCasinghead gasSave

Value, all time

$1.7 M

Jan 1993 – Apr 2007

Value, last 12 filed months

$85 k

at the published price for each month

Months reported

172

no gaps in the span

Streams

oil, casinghead gas

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	68,564 bbl	$1,486,830
Casinghead gas	Production	100,473 Mcf	$168,664
Total			$1,655,494

58,654 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 (3)

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 32.0238, -102.7944. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

32.02392, -102.79465 · 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%

3 of 3 wells

With a plug date

0.0%

0 of 3 wells

Median depth

5,853 ft

3 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

3100.0%

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 5,850 and 5,860 ft, median 5,853 ft, over the 3 wells that filed a depth.

Completions filed

Jun 1990 – Oct 1991

3 of 3 wells

3 wells


42-13536477	1831	5,850 ft	Oct 1991	—	Yes
42-13536175	1832	5,860 ft	Jun 1991	—	Yes
42-13536232	1823	5,853 ft	Jun 1990	—	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 (172)

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

172 months


Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	317	320	54.90	6.01	$19,328
Sep 2006	265	317	60.08	5.04	$17,518
Aug 2006	50	221	68.71	7.34	$5,058
Jul 2006	262	205	69.37	6.34	$19,475
Jun 2006	0	225	66.28	6.38	$1,436
May 2006	311	238	66.01	6.42	$22,058
Apr 2006	174	275	64.39	7.36	$13,228
Mar 2006	312	321	56.70	7.08	$19,964
Feb 2006	87	250	57.59	7.75	$6,948
Jan 2006	179	229	60.59	8.93	$12,891
Dec 2005	312	298	54.94	13.42	$21,139
Nov 2005	86	250	54.69	10.59	$7,350
Oct 2005	178	276	58.34	13.80	$14,192
Sep 2005	331	136	61.45	12.08	$21,983
Aug 2005	181	200	61.51	9.80	$13,093
Jul 2005	256	189	55.69	7.84	$15,739
Jun 2005	53	192	52.33	7.38	$4,191
May 2005	260	164	45.22	6.65	$12,848
Apr 2005	178	179	49.20	7.36	$10,075
Mar 2005	311	170	50.37	7.15	$16,881
Feb 2005	0	163	45.22	6.31	$1,029
Jan 2005	296	199	43.16	6.32	$14,033
Dec 2004	175	193	39.86	6.75	$8,278
Nov 2004	261	196	45.28	6.33	$13,059
Oct 2004	312	181	49.70	6.52	$16,686
Sep 2004	0	138	43.24	5.28	$729
Aug 2004	319	143	42.37	5.55	$14,310
Jul 2004	183	141	38.28	6.08	$7,863
Jun 2004	318	274	36.10	6.43	$13,242
May 2004	260	258	37.48	6.49	$11,420
Apr 2004	231	239	34.47	5.86	$9,363
Mar 2004	312	274	34.36	5.53	$12,236
Feb 2004	0	267	32.45	5.51	$1,471
Jan 2004	319	292	32.03	6.30	$12,057
Dec 2003	185	285	30.26	6.30	$7,394
Nov 2003	324	274	28.80	4.60	$10,590
Oct 2003	267	303	28.17	4.76	$8,964
Sep 2003	55	312	26.31	4.75	$2,929
Aug 2003	313	236	29.76	5.13	$10,525
Jul 2003	268	311	29.41	5.17	$9,490
Jun 2003	235	339	28.56	5.98	$8,740
May 2003	275	310	26.59	5.97	$9,164
Apr 2003	328	246	26.67	5.41	$10,078
Mar 2003	88	336	31.14	6.10	$4,789
Feb 2003	245	319	33.48	7.93	$10,731
Jan 2003	86	308	30.31	5.58	$4,326
Dec 2002	323	328	26.91	4.85	$10,284
Nov 2002	315	335	24.66	4.14	$9,154
Oct 2002	57	337	26.46	4.23	$2,933
Sep 2002	315	351	27.44	3.64	$9,920
Aug 2002	268	280	25.96	3.16	$7,843
Jul 2002	52	352	24.58	3.06	$2,356
Jun 2002	261	314	23.73	3.34	$7,242
May 2002	330	341	24.66	3.58	$9,360
Apr 2002	88	344	23.65	3.51	$3,289
Mar 2002	224	319	22.00	3.10	$5,918
Feb 2002	271	322	18.22	2.38	$5,703
Jan 2002	331	336	17.17	2.38	$6,482
Dec 2001	238	326	16.93	2.36	$4,800
Nov 2001	180	349	18.07	2.41	$4,092
Oct 2001	400	370	19.78	2.53	$8,848
Sep 2001	236	332	24.26	2.25	$6,473
Aug 2001	276	361	24.87	3.05	$7,966
Jul 2001	187	362	23.93	3.20	$5,632
Jun 2001	181	340	24.56	3.82	$5,746
May 2001	353	356	25.52	4.31	$10,542
Apr 2001	352	336	24.68	5.34	$10,480
Mar 2001	97	267	24.54	5.38	$3,816
Feb 2001	263	181	27.75	5.77	$8,342
Jan 2001	283	232	27.47	8.40	$9,723
Dec 2000	272	359	26.88	9.12	$10,586
Nov 2000	178	361	32.21	5.66	$7,776
Oct 2000	242	397	31.23	5.15	$9,600
Sep 2000	314	317	31.87	5.19	$11,651
Aug 2000	436	463	29.64	4.54	$15,025
Jul 2000	85	327	28.53	4.09	$3,762
Jun 2000	278	447	29.30	4.40	$10,111
May 2000	374	403	27.26	3.68	$11,678
Apr 2000	272	448	24.51	3.12	$8,063
Mar 2000	563	440	28.42	2.86	$17,259
Feb 2000	276	424	27.62	2.73	$8,779
Jan 2000	459	465	25.27	2.48	$12,752
Dec 1999	368	415	24.28	2.42	$9,941
Nov 1999	264	434	23.19	2.43	$7,179
Oct 1999	366	523	20.98	2.80	$9,145
Sep 1999	466	577	21.75	2.62	$11,647
Aug 1999	269	515	19.26	2.88	$6,662
Jul 1999	607	605	17.89	2.37	$12,295
Jun 1999	529	594	15.94	2.36	$9,835
May 1999	178	583	15.79	2.32	$4,164
Apr 1999	543	573	15.10	2.21	$9,465
Mar 1999	475	589	12.47	1.84	$7,006
Feb 1999	368	300	9.98	1.82	$4,218
Jan 1999	482	302	10.38	1.90	$5,577
Dec 1998	190	362	9.20	1.77	$2,390
Nov 1998	501	370	10.89	2.19	$6,265
Oct 1998	320	447	12.42	1.97	$4,855
Sep 1998	569	186	12.59	2.08	$7,551
Aug 1998	181	409	11.30	1.91	$2,825
Jul 1998	563	278	11.74	2.24	$7,232
Jun 1998	0	403	11.24	2.24	$902
May 1998	424	477	12.62	2.21	$6,403
Apr 1998	562	494	13.04	2.51	$8,566
Mar 1998	179	497	12.80	2.31	$3,439
Feb 1998	362	437	13.95	2.30	$6,055
Jan 1998	363	497	14.70	2.15	$6,407
Dec 1997	275	466	16.32	2.41	$5,612
Nov 1997	576	550	18.19	3.09	$12,176
Oct 1997	272	475	19.25	3.15	$6,732
Sep 1997	295	617	17.74	2.95	$7,056
Aug 1997	547	653	17.86	2.55	$11,438
Jul 1997	461	674	17.58	2.25	$9,619
Jun 1997	370	640	17.24	2.26	$7,823
May 1997	532	647	18.97	2.31	$11,586
Apr 1997	368	633	17.88	2.08	$7,898
Mar 1997	773	655	18.95	1.94	$15,918
Feb 1997	190	495	20.49	2.21	$4,985
Jan 1997	450	633	23.48	3.54	$12,807
Dec 1996	361	603	23.32	—	$8,419
Nov 1996	543	752	21.97	—	$11,930
Oct 1996	641	687	23.31	—	$14,942
Sep 1996	364	654	22.22	—	$8,088
Aug 1996	358	520	20.26	—	$7,253
Jul 1996	543	798	19.55	—	$10,616
Jun 1996	373	302	18.73	—	$6,986
May 1996	511	760	19.43	—	$9,929
Apr 1996	558	847	21.51	—	$12,003
Mar 1996	635	945	19.38	—	$12,306
Feb 1996	553	742	16.98	—	$9,390
Jan 1996	642	756	17.07	—	$10,959
Dec 1995	546	808	17.19	—	$9,386
Nov 1995	471	842	16.00	—	$7,536
Oct 1995	635	935	15.43	—	$9,798
Sep 1995	541	938	16.18	—	$8,753
Aug 1995	618	1,025	15.92	—	$9,839
Jul 1995	358	976	15.24	—	$5,456
Jun 1995	754	916	16.41	—	$12,373
May 1995	534	1,089	17.56	—	$9,377
Apr 1995	549	1,153	17.73	—	$9,734
Mar 1995	793	1,224	16.44	—	$13,037
Feb 1995	622	1,093	16.58	—	$10,313
Jan 1995	664	1,260	15.92	—	$10,571
Dec 1994	821	1,261	15.03	—	$12,340
Nov 1994	832	1,249	15.90	—	$13,229
Oct 1994	647	1,392	15.58	—	$10,080
Sep 1994	558	1,473	15.29	—	$8,532
Aug 1994	833	1,490	16.13	—	$13,436
Jul 1994	813	1,575	17.56	—	$14,276
Jun 1994	812	1,713	17.09	—	$13,877
May 1994	826	1,243	15.88	—	$13,117
Apr 1994	814	1,909	14.14	—	$11,510
Mar 1994	775	1,799	12.46	—	$9,657
Feb 1994	1,116	1,762	12.50	—	$13,950
Jan 1994	805	1,744	12.66	—	$10,191
Dec 1993	1,270	1,677	12.33	—	$15,659
Nov 1993	643	1,259	14.49	—	$9,317
Oct 1993	906	1,978	15.85	—	$14,360
Sep 1993	1,040	2,116	15.03	—	$15,631
Aug 1993	1,150	2,878	15.66	—	$18,009
Jul 1993	1,006	1,608	15.46	—	$15,553
Jun 1993	956	1,432	16.79	—	$16,051
May 1993	819	976	17.68	—	$14,480
Apr 1993	1,114	1,049	18.05	—	$20,108
Mar 1993	1,096	1,337	18.14	—	$19,881
Feb 1993	860	1,537	17.90	—	$15,394
Jan 1993	1,259	1,572	16.93	—	$21,315

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.

Oct 2006 — as filed, then multipliedworked

Oil                  317 bbl  × $ 54.90 =    $17,403
Casinghead gas       320 Mcf  × $  6.01 =     $1,924

────────────────────────────────────────────────────
Month total                                  $19,328

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/32506 is the state's own key, not one this site invented.