COOPER "301" LEASE

Name: COOPER "301" LEASE lease production and value, Apr 2007 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by MDC OPERATING, INC. (P-5 556484) in the COBRA (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 38373District 08Field 19235700Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$7.1 M

Apr 2007 – May 2022

Value, last 12 filed months

at the published price for each month

Months reported

182

no gaps in the span

Streams

oil, casinghead gas

The COBRA (WOLFCAMP) 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 78 leases and 89 wells, and the rule below applies to all of them.

Discovered

1984-06-20

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,200 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1985-03-01.

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: “FIELD CHANGED FROM ONE WELL TO PRORATED 04/29/2017”

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	79,989 bbl	$5,914,396
Casinghead gas	Production	280,458 Mcf	$1,202,220
Total			$7,116,616

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 31.9603, -101.6527. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.96031, -101.65269 · 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

0.0%

0 of 1 wells

Median depth

8,150 ft

1 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

1100.0%

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

The one well that filed a depth was drilled to 8,150 ft.

Completions filed

Mar 2007

1 of 1 wells

1 well


42-17333294	2	8,150 ft	Mar 2007	—	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 (182)

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

182 months


May 2022	0	0	109.37	8.43	$0
Apr 2022	0	0	104.22	6.84	$0
Mar 2022	0	0	108.88	5.08	$0
Feb 2022	0	0	91.05	4.86	$0
Jan 2022	0	0	81.84	4.54	$0
Dec 2021	0	0	71.32	3.90	$0
Nov 2021	0	0	77.43	5.24	$0
Oct 2021	0	0	79.79	5.71	$0
Sep 2021	0	0	69.86	5.35	$0
Aug 2021	0	0	66.02	4.22	$0
Jul 2021	0	0	70.78	3.98	$0
Jun 2021	0	0	69.49	3.38	$0
May 2021	0	0	63.48	3.02	$0
Apr 2021	0	0	60.36	2.76	$0
Mar 2021	0	0	61.30	2.72	$0
Feb 2021	0	0	57.80	5.55	$0
Jan 2021	0	0	50.41	2.81	$0
Dec 2020	0	0	44.64	2.68	$0
Nov 2020	0	0	38.77	2.71	$0
Oct 2020	0	0	36.97	2.48	$0
Sep 2020	0	0	37.09	1.99	$0
Aug 2020	0	0	39.98	2.39	$0
Jul 2020	0	0	38.37	1.83	$0
Jun 2020	0	0	34.90	1.69	$0
May 2020	0	0	16.92	1.81	$0
Apr 2020	0	0	14.75	1.80	$0
Mar 2020	0	0	30.34	1.86	$0
Feb 2020	0	0	49.88	1.98	$0
Jan 2020	0	0	57.25	2.09	$0
Dec 2019	0	0	59.01	2.30	$0
Nov 2019	0	0	55.30	2.75	$0
Oct 2019	0	0	53.47	2.42	$0
Sep 2019	0	0	55.05	2.66	$0
Aug 2019	885	1,482	53.11	2.30	$50,417
Jul 2019	355	1,406	56.27	2.46	$23,435
Jun 2019	355	1,890	52.78	2.49	$23,445
May 2019	352	1,450	58.48	2.74	$24,558
Apr 2019	335	1,787	62.63	2.75	$25,897
Mar 2019	538	1,801	56.80	3.06	$36,073
Feb 2019	181	1,632	50.85	2.79	$13,761
Jan 2019	364	1,457	46.03	3.23	$21,458
Dec 2018	0	1,950	46.59	4.19	$8,162
Nov 2018	357	1,481	52.93	4.24	$25,171
Oct 2018	177	701	61.44	3.40	$13,257
Sep 2018	537	1,787	59.54	3.11	$37,527
Aug 2018	357	1,450	59.40	3.07	$25,652
Jul 2018	537	638	65.14	2.93	$36,851
Jun 2018	173	1,591	60.18	3.08	$15,307
May 2018	359	1,213	65.38	2.90	$26,990
Apr 2018	180	1,269	63.84	2.90	$15,172
Mar 2018	180	1,020	61.22	2.79	$13,862
Feb 2018	0	1,396	61.78	2.77	$3,862
Jan 2018	0	956	62.87	4.01	$3,833
Dec 2017	157	1,222	57.27	2.92	$12,561
Nov 2017	180	1,503	55.42	3.12	$14,663
Oct 2017	179	983	49.29	2.98	$11,756
Sep 2017	178	2,142	47.52	3.09	$15,072
Aug 2017	353	1,618	45.37	3.00	$20,877
Jul 2017	360	2,075	43.87	3.09	$22,199
Jun 2017	362	1,960	42.49	3.09	$21,432
May 2017	541	2,101	45.37	3.26	$31,402
Apr 2017	365	1,946	47.93	3.21	$23,744
Mar 2017	536	1,483	46.77	2.98	$29,494
Feb 2017	361	1,702	50.45	2.95	$23,238
Jan 2017	182	1,916	49.41	3.42	$15,543
Dec 2016	360	1,973	48.76	3.72	$24,899
Nov 2016	357	2,392	42.49	2.64	$21,494
Oct 2016	538	1,847	46.19	3.09	$30,558
Sep 2016	537	2,062	41.55	3.10	$28,706
Aug 2016	357	2,145	41.44	2.92	$21,067
Jul 2016	541	2,071	41.62	2.92	$28,573
Jun 2016	698	1,961	45.35	2.69	$36,921
May 2016	357	2,007	42.52	1.99	$19,176
Apr 2016	360	1,772	36.56	1.99	$16,690
Mar 2016	182	1,546	33.01	1.79	$8,781
Feb 2016	535	2,084	26.47	2.06	$18,462
Jan 2016	364	1,988	27.35	2.36	$14,656
Dec 2015	542	2,085	32.36	2.00	$21,712
Nov 2015	537	881	38.79	2.17	$22,740
Oct 2015	357	930	43.55	2.43	$17,804
Sep 2015	520	2,136	42.99	2.76	$28,247
Aug 2015	535	1,834	40.16	2.87	$26,754
Jul 2015	672	2,102	48.15	2.95	$38,547
Jun 2015	345	2,072	56.15	2.88	$25,345
May 2015	520	2,075	55.21	2.96	$34,842
Apr 2015	540	1,797	49.82	2.71	$31,767
Mar 2015	738	2,130	42.89	2.93	$37,904
Feb 2015	532	1,757	44.66	2.98	$28,988
Jan 2015	370	2,091	43.43	3.10	$22,553
Dec 2014	547	2,013	54.69	3.59	$37,145
Nov 2014	371	2,422	70.46	4.25	$36,439
Oct 2014	175	913	78.30	3.90	$17,264
Sep 2014	358	1,462	86.16	4.05	$36,760
Aug 2014	708	2,009	89.39	4.04	$71,395
Jul 2014	529	2,027	96.56	4.18	$59,552
Jun 2014	532	1,964	98.16	4.74	$61,524
May 2014	367	2,499	94.73	4.73	$46,578
Apr 2014	185	1,310	95.94	4.81	$24,049
Mar 2014	538	1,973	95.89	5.06	$61,566
Feb 2014	358	2,283	97.40	6.19	$49,006
Jan 2014	361	1,730	90.40	4.86	$41,043
Dec 2013	548	1,277	91.82	4.35	$55,878
Nov 2013	729	1,711	88.85	3.74	$71,168
Oct 2013	543	1,448	97.42	3.78	$58,372
Sep 2013	714	1,273	104.11	3.72	$79,067
Aug 2013	541	2,480	104.25	3.52	$65,135
Jul 2013	722	2,519	102.52	3.72	$83,384
Jun 2013	895	2,190	94.40	3.93	$93,102
May 2013	721	2,447	94.83	4.15	$78,525
Apr 2013	735	1,798	93.96	4.28	$76,761
Mar 2013	731	786	93.62	3.91	$71,512
Feb 2013	727	1,596	91.23	3.42	$71,782
Jan 2013	912	2,382	91.60	3.42	$91,685
Dec 2012	910	1,803	86.77	3.42	$85,127
Nov 2012	556	2,167	86.95	3.62	$56,199
Oct 2012	373	1,607	89.38	3.40	$38,802
Sep 2012	352	1,613	94.67	2.92	$38,031
Aug 2012	530	1,679	92.66	2.91	$53,993
Jul 2012	525	1,812	85.13	3.02	$50,167
Jun 2012	357	1,465	79.82	2.52	$32,186
May 2012	906	2,168	91.61	2.49	$88,393
Apr 2012	727	2,013	101.65	2.00	$77,919
Mar 2012	710	2,319	105.05	2.22	$79,739
Feb 2012	732	2,154	101.10	2.57	$79,542
Jan 2012	738	1,226	98.09	2.73	$75,742
Dec 2011	355	2,246	96.87	3.24	$41,665
Nov 2011	727	2,502	95.72	3.31	$77,873
Oct 2011	1,098	2,598	84.98	3.65	$102,787
Sep 2011	740	1,801	83.62	3.99	$69,057
Aug 2011	185	2,546	83.40	4.15	$25,993
Jul 2011	548	1,441	94.14	4.52	$58,098
Jun 2011	367	2,783	92.90	4.64	$47,007
May 2011	0	2,067	98.13	4.40	$9,105
Apr 2011	736	1,989	105.96	4.33	$86,605
Mar 2011	546	2,799	96.36	4.06	$63,969
Feb 2011	343	1,400	85.64	4.18	$35,226
Jan 2011	548	2,589	86.50	4.59	$59,282
Dec 2010	735	2,569	85.73	4.35	$74,181
Nov 2010	727	2,638	80.84	3.80	$68,783
Oct 2010	533	2,690	78.10	3.51	$51,066
Sep 2010	352	2,794	72.63	3.98	$36,684
Aug 2010	176	2,423	73.68	4.42	$23,676
Jul 2010	695	2,289	72.55	4.74	$61,264
Jun 2010	346	2,222	70.36	4.91	$35,255
May 2010	535	2,366	71.12	4.24	$48,070
Apr 2010	537	2,519	81.69	4.12	$54,253
Mar 2010	541	2,522	78.39	4.39	$53,477
Feb 2010	894	2,104	73.58	5.44	$77,231
Jan 2010	177	1,221	74.36	5.96	$20,444
Dec 2009	720	1,920	71.44	5.48	$61,966
Nov 2009	523	2,044	74.59	3.75	$46,679
Oct 2009	544	2,004	72.54	4.11	$47,699
Sep 2009	355	1,100	65.54	3.06	$26,638
Aug 2009	535	1,900	67.42	3.22	$42,185
Jul 2009	542	1,642	61.13	3.46	$38,821
Jun 2009	721	1,714	66.16	3.90	$54,377
May 2009	523	1,201	54.74	3.93	$33,344
Apr 2009	716	2,011	46.77	3.59	$40,702
Mar 2009	726	2,556	42.14	4.06	$40,968
Feb 2009	719	2,205	32.81	4.63	$33,806
Jan 2009	903	2,525	35.86	5.37	$45,943
Dec 2008	551	2,407	37.10	5.98	$34,829
Nov 2008	900	2,482	55.49	6.86	$66,968
Oct 2008	731	2,050	75.24	6.92	$69,191
Sep 2008	892	1,428	101.76	7.88	$102,018
Aug 2008	356	1,941	114.22	8.48	$57,128
Jul 2008	718	1,422	131.08	11.39	$110,311
Jun 2008	699	2,363	131.33	13.03	$122,596
May 2008	722	2,746	123.17	11.57	$120,712
Apr 2008	882	2,924	110.31	10.45	$127,863
Mar 2008	717	3,319	101.90	9.66	$105,137
Feb 2008	716	3,453	92.53	8.77	$96,536
Jan 2008	1,073	3,247	90.38	8.21	$123,622
Dec 2007	539	2,082	88.33	7.30	$62,813
Nov 2007	701	2,385	91.67	7.29	$81,651
Oct 2007	894	2,165	82.85	6.92	$89,054
Sep 2007	1,075	1,453	75.84	6.24	$90,601
Aug 2007	711	1,072	69.06	6.39	$55,950
Jul 2007	1,054	841	70.90	6.39	$80,101
Jun 2007	1,420	744	62.00	7.55	$93,656
May 2007	1,794	542	58.74	7.85	$109,632
Apr 2007	543	168	59.61	7.81	$33,680

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 2019 — as filed, then multipliedworked

Oil                  885 bbl  × $ 53.11 =    $47,002
Casinghead gas     1,482 Mcf  × $  2.30 =     $3,415

────────────────────────────────────────────────────
Month total                                  $50,417

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/38373 is the state's own key, not one this site invented.