WRIGHT

Operated by COBRA OIL & GAS CORPORATION (P-5 163000) in the WRIGHT 44 (FUSSELMAN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 33999District 08Field 98996200OilCasinghead gasSaveExport
Value, all time
$1.2 M
Nov 1993 – Feb 1999
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
64
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 1 leases and 1 wells, and the rule below applies to all of them.

Discovered
1993-11-13
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
OilDisposition70,940 bbl$1,154,472
Casinghead gasProduction11 Mcf$0
Total$1,154,472

11 Mcf of this lease's gas, across 11 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 32.4584, -101.6312. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.45844, -101.63116 · 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%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
10,520 ft
1 wells filed one
Completion to plug
5.1 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 10,520 ft.

Completions filed
Nov 1993
1 of 1 wells
Plug dates filed
Dec 1998
1 of 1 wells

Last completion to plug: a median of 5.1 years across the 1 well that filed both dates, with the middle half between 5.1 years and 5.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-227347937A10,520 ftNov 1993Dec 1998Yes

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 (64)

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

64 months

Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 199817009.201.77$1,564
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 1998180012.802.31$2,304
Feb 1998539013.952.30$7,519
Jan 1998716014.702.15$10,525
Dec 1997541016.322.41$8,829
Nov 1997541018.193.09$9,841
Oct 1997910019.253.15$17,518
Sep 1997545017.742.95$9,668
Aug 1997544017.862.55$9,716
Jul 1997897017.582.25$15,769
Jun 1997350017.242.26$6,034
May 1997894018.972.31$16,959
Apr 1997683017.882.08$12,212
Mar 1997673018.951.94$12,753
Feb 1997362020.492.21$7,417
Jan 1997904023.483.54$21,226
Dec 1996181023.32$4,221
Nov 1996546021.97$11,996
Oct 1996839023.31$19,557
Sep 1996359022.22$7,977
Aug 1996179020.26$3,627
Jul 1996841019.55$16,442
Jun 1996348018.73$6,518
May 1996516019.43$10,026
Apr 19961,068021.51$22,973
Mar 1996698019.38$13,527
Feb 19961,081016.98$18,355
Jan 1996721017.07$12,307
Dec 19951,225017.19$21,058
Nov 19951,240016.00$19,840
Oct 19951,247015.43$19,241
Sep 19951,032016.18$16,698
Aug 19951,747015.92$27,812
Jul 19951,166015.24$17,770
Jun 19951,736016.41$28,488
May 19952,120017.56$37,227
Apr 19952,609017.73$46,258
Mar 19953,005016.44$49,402
Feb 19953,765016.58$62,424
Jan 19953,932015.92$62,597
Dec 19941,600015.03$24,048
Nov 19941,612015.90$25,631
Oct 19941,795015.58$27,966
Sep 19941,977115.29$30,228
Aug 19942,368116.13$38,196
Jul 19941,753117.56$30,783
Jun 19942,151117.09$36,761
May 19942,325115.88$36,921
Apr 19942,316114.14$32,748
Mar 19943,338112.46$41,591
Feb 19942,487112.50$31,088
Jan 19943,997112.66$50,602
Dec 1993486112.33$5,992
Nov 19931,085114.49$15,722

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 1998 — as filed, then multipliedworked
Oil                  170 bbl  × $  9.20 =     $1,564
Casinghead gas         0 Mcf  × $  1.77 =         $0

────────────────────────────────────────────────────
Month total                                   $1,564

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/33999 is the state's own key, not one this site invented.