COBRA-TALBOT 40

Name: COBRA-TALBOT 40 lease production and value, Sep 1995 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by BTA OIL PRODUCERS, LLC (P-5 41867) in the TALBOT (CANYON) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 34787District 08Field 88200075OilCasinghead gasSave Export

Value, all time

$1.9 M

Sep 1995 – Feb 2012

Value, last 12 filed months

$5 k

at the published price for each month

Months reported

198

no gaps in the span

Streams

oil, casinghead gas

The TALBOT (CANYON) 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 34 leases and 36 wells, and the rule below applies to all of them.

Discovered

1994-07-28

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,320 ft

minimum

From a lease line

660 ft

minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1995-01-09.

The Commission's schedule remark for this field reads: “FIELD CHANGE FROM ONE WELL TO ASSOCIATED 49B 4/1/95”

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	27,837 bbl	$651,712
Casinghead gas	Production	540,061 Mcf	$1,258,153
Total			$1,909,865

185,197 Mcf of this lease's gas, across 16 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 32.3787, -101.4835. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.37873, -101.48355 · 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

8,735 ft

1 wells filed one

Completion to plug

6.9 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 8,735 ft.

Completions filed

Nov 2004

1 of 1 wells

Plug dates filed

Oct 2011

1 of 1 wells

Last completion to plug: a median of 6.9 years across the 1 well that filed both dates, with the middle half between 6.9 years and 6.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-22734936	1	8,735 ft	Nov 2004	Oct 2011	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 (198)

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

198 months


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	0	0	95.72	3.31	$0
Oct 2011	59	0	84.98	3.65	$5,014
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	0	105.96	4.33	$0
Mar 2011	0	0	96.36	4.06	$0
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	0	0	86.50	4.59	$0
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	151	0	78.10	3.51	$11,793
Sep 2010	0	142	72.63	3.98	$565
Aug 2010	0	271	73.68	4.42	$1,198
Jul 2010	0	314	72.55	4.74	$1,487
Jun 2010	0	464	70.36	4.91	$2,278
May 2010	0	422	71.12	4.24	$1,787
Apr 2010	0	189	81.69	4.12	$779
Mar 2010	0	1	78.39	4.39	$4
Feb 2010	182	0	73.58	5.44	$13,392
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	0	5	71.44	5.48	$27
Nov 2009	0	0	74.59	3.75	$0
Oct 2009	0	73	72.54	4.11	$300
Sep 2009	0	78	65.54	3.06	$239
Aug 2009	0	61	67.42	3.22	$196
Jul 2009	0	391	61.13	3.46	$1,355
Jun 2009	0	517	66.16	3.90	$2,014
May 2009	0	614	54.74	3.93	$2,410
Apr 2009	182	720	46.77	3.59	$11,095
Mar 2009	0	415	42.14	4.06	$1,684
Feb 2009	0	319	32.81	4.63	$1,478
Jan 2009	0	145	35.86	5.37	$779
Dec 2008	172	211	37.10	5.98	$7,642
Nov 2008	0	209	55.49	6.86	$1,434
Oct 2008	0	406	75.24	6.92	$2,810
Sep 2008	0	331	101.76	7.88	$2,607
Aug 2008	0	789	114.22	8.48	$6,693
Jul 2008	0	583	131.08	11.39	$6,640
Jun 2008	0	377	131.33	13.03	$4,913
May 2008	180	719	123.17	11.57	$30,493
Apr 2008	0	680	110.31	10.45	$7,109
Mar 2008	0	839	101.90	9.66	$8,108
Feb 2008	0	733	92.53	8.77	$6,429
Jan 2008	180	601	90.38	8.21	$21,200
Dec 2007	0	649	88.33	7.30	$4,739
Nov 2007	0	859	91.67	7.29	$6,264
Oct 2007	0	1,128	82.85	6.92	$7,808
Sep 2007	0	991	75.84	6.24	$6,188
Aug 2007	0	898	69.06	6.39	$5,736
Jul 2007	181	1,108	70.90	6.39	$19,911
Jun 2007	0	850	62.00	7.55	$6,416
May 2007	0	646	58.74	7.85	$5,069
Apr 2007	0	847	59.61	7.81	$6,611
Mar 2007	185	788	56.92	7.30	$16,284
Feb 2007	0	735	55.10	8.22	$6,039
Jan 2007	0	767	50.30	6.73	$5,159
Dec 2006	0	723	56.65	6.92	$5,002
Nov 2006	0	730	54.20	7.62	$5,561
Oct 2006	0	801	54.90	6.01	$4,817
Sep 2006	183	1,050	60.08	5.04	$16,284
Aug 2006	0	1,206	68.71	7.34	$8,852
Jul 2006	0	1,147	69.37	6.34	$7,275
Jun 2006	0	883	66.28	6.38	$5,637
May 2006	0	837	66.01	6.42	$5,378
Apr 2006	0	797	64.39	7.36	$5,866
Mar 2006	185	780	56.70	7.08	$16,014
Feb 2006	0	743	57.59	7.75	$5,759
Jan 2006	0	791	60.59	8.93	$7,066
Dec 2005	0	796	54.94	13.42	$10,679
Nov 2005	0	796	54.69	10.59	$8,428
Oct 2005	182	798	58.34	13.80	$21,627
Sep 2005	0	742	61.45	12.08	$8,963
Aug 2005	0	862	61.51	9.80	$8,445
Jul 2005	0	562	55.69	7.84	$4,408
Jun 2005	0	606	52.33	7.38	$4,473
May 2005	171	651	45.22	6.65	$12,063
Apr 2005	0	571	49.20	7.36	$4,203
Mar 2005	0	620	50.37	7.15	$4,436
Feb 2005	0	622	45.22	6.31	$3,926
Jan 2005	0	682	43.16	6.32	$4,312
Dec 2004	183	1,136	39.86	6.75	$14,964
Nov 2004	0	292	45.28	6.33	$1,848
Oct 2004	0	803	49.70	6.52	$5,232
Sep 2004	0	860	43.24	5.28	$4,544
Aug 2004	0	891	42.37	5.55	$4,946
Jul 2004	179	925	38.28	6.08	$12,480
Jun 2004	0	903	36.10	6.43	$5,809
May 2004	0	964	37.48	6.49	$6,261
Apr 2004	0	901	34.47	5.86	$5,278
Mar 2004	0	937	34.36	5.53	$5,182
Feb 2004	186	864	32.45	5.51	$10,796
Jan 2004	0	964	32.03	6.30	$6,073
Dec 2003	0	980	30.26	6.30	$6,176
Nov 2003	179	981	28.80	4.60	$9,663
Oct 2003	0	2,099	28.17	4.76	$9,990
Sep 2003	0	2,093	26.31	4.75	$9,940
Aug 2003	0	1,131	29.76	5.13	$5,802
Jul 2003	0	2,162	29.41	5.17	$11,179
Jun 2003	182	1,118	28.56	5.98	$11,887
May 2003	0	1,191	26.59	5.97	$7,113
Apr 2003	0	1,175	26.67	5.41	$6,354
Mar 2003	0	1,239	31.14	6.10	$7,553
Feb 2003	188	1,114	33.48	7.93	$15,124
Jan 2003	0	1,266	30.31	5.58	$7,067
Dec 2002	0	1,301	26.91	4.85	$6,315
Nov 2002	188	1,271	24.66	4.14	$9,894
Oct 2002	0	1,303	26.46	4.23	$5,511
Sep 2002	0	1,349	27.44	3.64	$4,904
Aug 2002	177	1,293	25.96	3.16	$8,686
Jul 2002	0	1,465	24.58	3.06	$4,485
Jun 2002	0	1,437	23.73	3.34	$4,797
May 2002	162	1,526	24.66	3.58	$9,464
Apr 2002	0	1,520	23.65	3.51	$5,339
Mar 2002	180	1,589	22.00	3.10	$8,890
Feb 2002	0	1,458	18.22	2.38	$3,464
Jan 2002	0	1,679	17.17	2.38	$3,989
Dec 2001	188	1,607	16.93	2.36	$6,982
Nov 2001	0	1,659	18.07	2.41	$3,991
Oct 2001	0	1,778	19.78	2.53	$4,496
Sep 2001	188	1,752	24.26	2.25	$8,505
Aug 2001	0	1,911	24.87	3.05	$5,835
Jul 2001	189	1,804	23.93	3.20	$10,290
Jun 2001	0	1,866	24.56	3.82	$7,136
May 2001	0	1,981	25.52	4.31	$8,533
Apr 2001	181	964	24.68	5.34	$9,610
Mar 2001	0	2,062	24.54	5.38	$11,086
Feb 2001	184	1,753	27.75	5.77	$15,216
Jan 2001	0	2,154	27.47	8.40	$18,091
Dec 2000	178	2,285	26.88	9.12	$25,630
Nov 2000	0	2,383	32.21	5.66	$13,483
Oct 2000	180	2,594	31.23	5.15	$18,969
Sep 2000	175	2,563	31.87	5.19	$18,870
Aug 2000	0	2,615	29.64	4.54	$11,874
Jul 2000	0	2,763	28.53	4.09	$11,300
Jun 2000	182	2,663	29.30	4.40	$17,042
May 2000	182	2,758	27.26	3.68	$15,110
Apr 2000	0	2,691	24.51	3.12	$8,385
Mar 2000	174	2,761	28.42	2.86	$12,841
Feb 2000	0	2,777	27.62	2.73	$7,571
Jan 2000	180	2,873	25.27	2.48	$11,675
Dec 1999	181	3,356	24.28	2.42	$12,529
Nov 1999	186	3,033	23.19	2.43	$11,696
Oct 1999	2	3,031	20.98	2.80	$8,540
Sep 1999	166	3,082	21.75	2.62	$11,682
Aug 1999	5	3,136	19.26	2.88	$9,114
Jul 1999	182	3,294	17.89	2.37	$11,071
Jun 1999	195	3,416	15.94	2.36	$11,177
May 1999	12	3,637	15.79	2.32	$8,631
Apr 1999	180	3,624	15.10	2.21	$10,720
Mar 1999	197	3,927	12.47	1.84	$9,676
Feb 1999	11	3,698	9.98	1.82	$6,832
Jan 1999	191	4,262	10.38	1.90	$10,080
Dec 1998	2	4,518	9.20	1.77	$8,030
Nov 1998	181	4,907	10.89	2.19	$12,696
Oct 1998	180	5,240	12.42	1.97	$12,554
Sep 1998	173	5,229	12.59	2.08	$13,068
Aug 1998	179	5,640	11.30	1.91	$12,780
Jul 1998	181	5,195	11.74	2.24	$13,748
Jun 1998	183	5,452	11.24	2.24	$14,255
May 1998	180	6,021	12.62	2.21	$15,556
Apr 1998	181	6,003	13.04	2.51	$17,400
Mar 1998	179	6,374	12.80	2.31	$17,012
Feb 1998	178	6,147	13.95	2.30	$16,616
Jan 1998	355	7,008	14.70	2.15	$20,319
Dec 1997	181	7,000	16.32	2.41	$19,832
Nov 1997	360	7,814	18.19	3.09	$30,680
Oct 1997	180	8,398	19.25	3.15	$29,917
Sep 1997	360	8,257	17.74	2.95	$30,785
Aug 1997	361	8,971	17.86	2.55	$29,366
Jul 1997	369	9,412	17.58	2.25	$27,635
Jun 1997	354	9,346	17.24	2.26	$27,199
May 1997	540	9,910	18.97	2.31	$33,121
Apr 1997	359	10,076	17.88	2.08	$27,405
Mar 1997	536	10,410	18.95	1.94	$30,344
Feb 1997	542	9,218	20.49	2.21	$31,440
Jan 1997	364	8,944	23.48	3.54	$40,206
Dec 1996	535	9,854	23.32	—	$12,476
Nov 1996	544	9,828	21.97	—	$11,952
Oct 1996	718	10,561	23.31	—	$16,737
Sep 1996	535	10,541	22.22	—	$11,888
Aug 1996	725	11,323	20.26	—	$14,689
Jul 1996	902	11,800	19.55	—	$17,634
Jun 1996	721	11,835	18.73	—	$13,504
May 1996	1,080	12,737	19.43	—	$20,984
Apr 1996	899	12,431	21.51	—	$19,337
Mar 1996	1,303	13,343	19.38	—	$25,252
Feb 1996	920	10,875	16.98	—	$15,622
Jan 1996	938	11,323	17.07	—	$16,012
Dec 1995	909	8,940	17.19	—	$15,626
Nov 1995	1,094	12,991	16.00	—	$17,504
Oct 1995	1,670	19,843	15.43	—	$25,768
Sep 1995	0	6,972	16.18	—	$0

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 2011 — as filed, then multipliedworked

Oil                   59 bbl  × $ 84.98 =     $5,014
Casinghead gas         0 Mcf  × $  3.65 =         $0

────────────────────────────────────────────────────
Month total                                   $5,014

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/34787 is the state's own key, not one this site invented.