COLE

Operated by JAY MANAGEMENT COMPANY, LLC (P-5 430368) in the GOLDSMITH (CLEAR FORK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 37974District 08Field 35652062Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$2.4 M
Nov 2006 – May 2026
Value, last 12 filed months
$20 k
at the published price for each month
Months reported
235
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 255 leases and 3,904 wells, and the rule below applies to all of them.

Discovered
1946-03-11
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 10 acres. The field rule took effect on 2006-10-10.

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: REMAIN SUSPENDED.

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
OilDisposition31,987 bbl$2,260,927
Casinghead gasProduction39,591 Mcf$167,277
Total$2,428,204

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

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
0.0%
0 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
00.0%
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.
3100.0%

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

42-1353647718315,850 ftOct 1991
42-1353617518325,860 ftJun 1991
42-1353623218235,853 ftJun 1990

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 (235)

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

235 months

May 2026670106.413.05$7,129
Apr 20260098.932.87$0
Mar 202667089.753.15$6,013
Feb 20260063.503.75$0
Jan 202610059.138.00$591
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 202574062.743.08$4,643
Aug 202522063.933.01$1,406
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 202555060.553.23$3,330
Apr 2025172062.363.54$10,726
Mar 2025156067.704.27$10,561
Feb 202567070.884.34$4,749
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 2024304069.052.20$20,991
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 202467075.632.06$5,067
Jul 2024148079.932.15$11,830
Jun 202487078.082.63$6,793
May 20240078.812.20$0
Apr 2024240084.451.66$20,268
Mar 20240080.301.55$0
Feb 2024329076.091.78$25,034
Jan 20240073.023.30$0
Dec 202370071.262.61$4,988
Nov 20230077.892.81$0
Oct 2023172085.443.09$14,696
Sep 20230089.042.74$0
Aug 202367080.522.67$5,395
Jul 202380074.852.64$5,988
Jun 2023236068.962.26$16,275
May 202369070.622.23$4,873
Apr 2023168078.122.24$13,124
Mar 202375072.852.39$5,464
Feb 202369075.112.47$5,183
Jan 2023165076.533.39$12,627
Dec 2022146076.415.73$11,156
Nov 20220085.005.65$0
Oct 2022227087.185.86$19,790
Sep 20220084.888.16$0
Aug 2022309094.529.13$29,207
Jul 202200101.587.54$0
Jun 2022680115.097.98$7,826
May 202200109.378.43$0
Apr 20223080104.226.84$32,100
Mar 202200108.885.08$0
Feb 202277091.054.86$7,011
Jan 2022164081.844.54$13,422
Dec 2021155071.323.90$11,055
Nov 20210077.435.24$0
Oct 2021226079.795.71$18,033
Sep 202179069.865.35$5,519
Aug 20210066.024.22$0
Jul 2021223070.783.98$15,784
Jun 20210069.493.38$0
May 202164063.483.02$4,063
Apr 2021250060.362.76$15,090
Mar 202166061.302.72$4,046
Feb 20210057.805.55$0
Jan 2021147050.412.81$7,410
Dec 20200044.642.68$0
Nov 2020225038.772.71$8,723
Oct 20200036.972.48$0
Sep 2020221037.091.99$8,197
Aug 2020297039.982.39$11,874
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 202067014.751.80$988
Mar 202024918530.341.86$7,898
Feb 20206427349.881.98$3,733
Jan 2020029757.252.09$622
Dec 201930229859.012.30$18,508
Nov 2019027855.302.75$765
Oct 201921826953.472.42$12,307
Sep 201915613255.052.66$8,939
Aug 201914828953.112.30$8,526
Jul 2019030256.272.46$743
Jun 201922632152.782.49$12,728
May 201930920358.482.74$18,627
Apr 2019030462.632.75$836
Mar 20196731256.803.06$4,761
Feb 201923127250.852.79$12,506
Jan 20198228546.033.23$4,694
Dec 201816127246.594.19$8,639
Nov 20186723252.934.24$4,529
Oct 201824431861.443.40$16,072
Sep 20186630559.543.11$4,878
Aug 2018026259.403.07$803
Jul 20183123365.142.93$20,420
Jun 201809360.183.08$286
May 201823012165.382.90$15,388
Apr 20188315163.842.90$5,737
Mar 201823017061.222.79$14,554
Feb 20188114361.782.77$5,400
Jan 201823012262.874.01$14,949
Dec 2017014657.272.92$427
Nov 20176616555.423.12$4,172
Oct 201723317849.292.98$12,016
Sep 20178319047.523.09$4,531
Aug 201723019245.373.00$11,012
Jul 2017024543.873.09$756
Jun 201722920042.493.09$10,348
May 2017024345.373.26$793
Apr 201722922747.933.21$11,705
Mar 201715220346.772.98$7,715
Feb 201716811150.452.95$8,803
Jan 2017686049.413.42$3,565
Dec 20161685448.763.72$8,393
Nov 20166711442.492.64$3,148
Oct 201625219146.193.09$12,230
Sep 201622822641.553.10$10,174
Aug 20166622941.442.92$3,405
Jul 201622926641.622.92$10,309
Jun 2016027645.352.69$741
May 201632430142.521.99$14,376
Apr 2016021836.561.99$434
Mar 201623422133.011.79$8,121
Feb 2016017526.472.06$361
Jan 201631917627.352.36$9,141
Dec 2015017632.362.00$352
Nov 201523322138.792.17$9,517
Oct 20158312843.552.43$3,925
Sep 201523018542.992.76$10,398
Aug 2015025040.162.87$718
Jul 20156723748.152.95$3,924
Jun 201531530156.152.88$18,555
May 2015033955.212.96$1,002
Apr 201524170049.822.71$13,901
Mar 201523231242.892.93$10,866
Feb 2015025544.662.98$759
Jan 20158416743.433.10$4,166
Dec 20146835854.693.59$5,005
Nov 201423337870.464.25$18,024
Oct 20146636778.303.90$6,599
Sep 201435045686.164.05$32,001
Aug 201416522889.394.04$15,669
Jul 2014016396.564.18$681
Jun 201415729298.164.74$16,794
May 20148426894.734.73$9,224
Apr 201416420495.944.81$16,715
Mar 2014032595.895.06$1,643
Feb 201423227797.406.19$24,312
Jan 201424631290.404.86$23,755
Dec 2013034191.824.35$1,485
Nov 201316433488.853.74$15,820
Oct 201333036797.423.78$33,536
Sep 20130315104.113.72$1,171
Aug 20130395104.253.52$1,391
Jul 2013254395102.523.72$27,509
Jun 20137137294.403.93$8,166
May 201318036594.834.15$18,584
Apr 2013036193.964.28$1,546
Mar 201331529793.623.91$30,652
Feb 2013030191.233.42$1,029
Jan 201331932591.603.42$30,332
Dec 201216919886.773.42$15,341
Nov 201223534286.953.62$21,673
Oct 201232028889.383.40$29,581
Sep 2012016394.672.92$476
Aug 201223421792.662.91$22,314
Jul 201226719685.133.02$23,322
Jun 20126921079.822.52$6,037
May 201217823791.612.49$16,896
Apr 2012158161101.652.00$16,382
Mar 2012240281105.052.22$25,836
Feb 201273280101.102.57$8,100
Jan 201217931298.092.73$18,411
Dec 20118934896.873.24$9,749
Nov 201124732295.723.31$24,709
Oct 201133830284.983.65$29,825
Sep 2011014883.623.99$590
Aug 2011017683.404.15$730
Jul 201125021194.144.52$24,488
Jun 201134221692.904.64$32,774
May 2011024198.134.40$1,062
Apr 201173105105.964.33$8,190
Mar 201127025596.364.06$27,052
Feb 201117924385.644.18$16,345
Jan 201117829186.504.59$16,732
Dec 201015729385.734.35$14,734
Nov 2010034080.843.80$1,290
Oct 201024841878.103.51$20,836
Sep 20108930872.633.98$7,690
Aug 20106643573.684.42$6,785
Jul 201032640172.554.74$25,551
Jun 201017632670.364.91$13,984
May 20108227671.124.24$7,001
Apr 201024727681.694.12$21,315
Mar 201026126078.394.39$21,601
Feb 20108225673.585.44$7,427
Jan 201032625874.365.96$25,780
Dec 200918026871.445.48$14,329
Nov 2009022574.593.75$844
Oct 200916023172.544.11$12,556
Sep 200925920265.543.06$17,594
Aug 200917718867.423.22$12,538
Jul 200933718361.133.46$21,235
Jun 20099014666.163.90$6,523
May 200924911054.743.93$14,062
Apr 2009813546.773.59$3,914
Mar 20093051942.144.06$12,930
Feb 20092343532.814.63$7,840
Jan 200914013335.865.37$5,735
Dec 200826225937.105.98$11,268
Nov 20085418955.496.86$4,293
Oct 200817811875.246.92$14,210
Sep 2008261134101.767.88$27,615
Aug 20080222114.228.48$1,883
Jul 2008265161131.0811.39$36,570
Jun 2008230255131.3313.03$33,529
May 20080295123.1711.57$3,414
Apr 2008296379110.3110.45$36,614
Mar 2008260349101.909.66$29,867
Feb 200825125492.538.77$25,453
Jan 20088726390.388.21$10,021
Dec 200723424088.337.30$22,422
Nov 200725322691.677.29$24,840
Oct 200722626682.856.92$20,565
Sep 20078821475.846.24$8,010
Aug 200722924369.066.39$17,367
Jul 20079228770.906.39$8,356
Jun 200723226462.007.55$16,377
May 200727026858.747.85$17,963
Apr 200714032959.617.81$10,913
Mar 200726026556.927.30$16,734
Feb 200722819555.108.22$14,165
Jan 200731726950.306.73$17,755
Dec 20068623056.656.92$6,463
Nov 200648913654.207.62$27,540

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.

May 2026 — as filed, then multipliedworked
Oil                   67 bbl  × $106.41 =     $7,129
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                   $7,129

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/37974 is the state's own key, not one this site invented.