TXL "R"

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

Oil lease lease 38739District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$1.4 M
Apr 2008 – Nov 2010
Value, last 12 filed months
$121 k
at the published price for each month
Months reported
32
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 16,587 leases and 43,997 wells, and the rule below applies to all of them.

Discovered
1952-12-22
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 80 acres. The field rule took effect on 2018-02-13.

The Commission's schedule remark for this field reads: SPRABERRY (TREND AREA) FIELD EFFECTIVE 10/1/2019.

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
OilDisposition12,970 bbl$1,125,480
Casinghead gasProduction33,114 Mcf$242,298
Total$1,367,778

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 31.6569, -102.1632. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.65694, -102.16321 · 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
10,446 ft
1 wells filed one
Completion to plug
6.6 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 10,446 ft.

Completions filed
Apr 2008
1 of 1 wells
Plug dates filed
Nov 2014
1 of 1 wells

Last completion to plug: a median of 6.6 years across the 1 well that filed both dates, with the middle half between 6.6 years and 6.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-32935825510,446 ftApr 2008Nov 2014Yes

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 (32)

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

32 months

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 20100070.364.91$0
May 20100071.124.24$0
Apr 201020189081.694.12$20,089
Mar 201040160178.394.39$34,072
Feb 201010671873.585.44$11,707
Jan 201035574474.365.96$30,835
Dec 200928372271.445.48$24,177
Nov 200932274574.593.75$26,813
Oct 20092151,05472.544.11$19,928
Sep 20092741,03165.543.06$21,118
Aug 20093061,04567.423.22$23,994
Jul 20094591,02061.133.46$31,592
Jun 20094321,10066.163.90$32,866
May 20092261,26754.743.93$17,345
Apr 20094991,08646.773.59$27,234
Mar 20093631,15142.144.06$19,969
Feb 20095861,08232.814.63$24,240
Jan 20095811,21635.865.37$27,366
Dec 20084041,17837.105.98$22,029
Nov 20085161,16755.496.86$36,639
Oct 20084381,15275.246.92$40,929
Sep 20084831,439101.767.88$60,485
Aug 20086811,498114.228.48$90,491
Jul 20081,0081,799131.0811.39$152,618
Jun 20088712,367131.3313.03$145,237
May 20081,6144,563123.1711.57$251,610
Apr 20081,3462,479110.3110.45$174,395

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.

Apr 2010 — as filed, then multipliedworked
Oil                  201 bbl  × $ 81.69 =    $16,420
Casinghead gas       890 Mcf  × $  4.12 =     $3,669

────────────────────────────────────────────────────
Month total                                  $20,089

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/38739 is the state's own key, not one this site invented.