BLACKSTONE

Operated by COG OPERATING LLC (P-5 166150) in the PECOS VALLEY (HIGH GRAVITY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 36970District 08Field 70129580Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$196 k
Apr 2002 – May 2013
Value, last 12 filed months
$1 k
at the published price for each month
Months reported
134
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 151 leases and 844 wells, and the rule below applies to all of them.

Discovered
1928-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
330 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 5 acres.

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: NO GAS PRODUCTION

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
OilDisposition2,796 bbl$127,636
Casinghead gasProduction9,474 Mcf$68,081
Total$195,718

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 31.2041, -102.7661. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.20408, -102.76611 · 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
5,600 ft
1 wells filed one
Completion to plug
7.5 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 5,600 ft.

Completions filed
Apr 2002
1 of 1 wells
Plug dates filed
Oct 2009
1 of 1 wells

Last completion to plug: a median of 7.5 years across the 1 well that filed both dates, with the middle half between 7.5 years and 7.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3713519835,600 ftApr 2002Oct 2009Yes

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 (134)

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

134 months

May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 201211092.662.91$1,019
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20107070.364.91$493
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20099072.544.11$653
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 200906666.163.90$257
May 2009798654.743.93$4,662
Apr 2009013546.773.59$484
Mar 200915242.144.06$253
Feb 200906132.814.63$283
Jan 200915435.865.37$326
Dec 200805637.105.98$335
Nov 20086611755.496.86$4,465
Oct 200807175.246.92$491
Sep 20088246101.767.88$8,707
Aug 2008048114.228.48$407
Jul 2008054131.0811.39$615
Jun 2008148131.3313.03$757
May 2008153123.1711.57$737
Apr 2008053110.3110.45$554
Mar 20088354101.909.66$8,980
Feb 200814992.538.77$522
Jan 200805690.388.21$460
Dec 200716088.337.30$526
Nov 2007866391.677.29$8,343
Oct 200706982.856.92$478
Sep 2007011875.846.24$737
Aug 200701969.066.39$121
Jul 200785970.906.39$6,084
Jun 200704062.007.55$302
May 200706558.747.85$510
Apr 200704859.617.81$375
Mar 200716756.927.30$546
Feb 2007896455.108.22$5,430
Jan 20070450.306.73$27
Dec 200607856.656.92$540
Nov 200607754.207.62$587
Oct 2006013254.906.01$794
Sep 20068814060.085.04$5,992
Aug 2006113268.717.34$1,038
Jul 2006512069.376.34$1,108
Jun 2006113366.286.38$915
May 20069314466.016.42$7,064
Apr 2006015364.397.36$1,126
Mar 2006126656.707.08$1,941
Feb 20068118457.597.75$6,091
Jan 2006022460.598.93$2,001
Dec 2005022354.9413.42$2,992
Nov 20058423054.6910.59$7,029
Oct 2005218558.3413.80$2,669
Sep 2005019661.4512.08$2,367
Aug 2005029061.519.80$2,841
Jul 20058129255.697.84$6,801
Jun 2005027552.337.38$2,030
May 2005017945.226.65$1,191
Apr 2005026049.207.36$1,914
Mar 20057522950.377.15$5,416
Feb 200505245.226.31$328
Jan 2005019243.166.32$1,214
Dec 20049716439.866.75$4,974
Nov 2004015745.286.33$994
Oct 2004020849.706.52$1,355
Sep 2004729443.245.28$3,610
Aug 2004012442.375.55$688
Jul 2004033138.286.08$2,014
Jun 200411810236.106.43$4,916
May 2004011337.486.49$734
Apr 2004112134.475.86$743
Mar 200413610634.365.53$5,259
Feb 200426932.455.51$445
Jan 20041424632.036.30$4,838
Dec 200327930.266.30$558
Nov 20031478528.804.60$4,624
Oct 200307628.174.76$362
Sep 20031386326.314.75$3,930
Aug 200318229.765.13$450
Jul 200314411229.415.17$4,814
Jun 200309428.565.98$562
May 200313411026.595.97$4,220
Apr 2003015526.675.41$838
Mar 200312711531.146.10$4,656
Feb 2003012633.487.93$999
Jan 200313219330.315.58$5,078
Dec 200214424426.914.85$5,059
Nov 20021437724.664.14$3,845
Oct 200203526.464.23$148
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 200202223.653.51$77

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.

Aug 2012 — as filed, then multipliedworked
Oil                   11 bbl  × $ 92.66 =     $1,019
Casinghead gas         0 Mcf  × $  2.91 =         $0

────────────────────────────────────────────────────
Month total                                   $1,019

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/36970 is the state's own key, not one this site invented.