COLE "A"

Operated by CRESCENT ENERGY OPERATING, LLC (P-5 103575) 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 39243District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$21.4 M
Jan 2009 – May 2026
Value, last 12 filed months
$777 k
at the published price for each month
Months reported
209
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
OilDisposition248,357 bbl$17,384,855
Casinghead gasProduction1,180,468 Mcf$3,980,858
Total$21,365,714

Wells on this lease (6)

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 31.7670, -101.6273. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.9 miles.

31.76606, -101.62633 · 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
16.7%
1 of 6 wells
With a plug date
16.7%
1 of 6 wells
Median depth
10,756 ft
6 wells filed one
Completion to plug
5.6 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
116.7%
A plug date is filed
116.7%
BothOn the schedule and plugged. Neither fact cancels the other.
116.7%
NeitherNo plug date, and not on the schedule.
583.3%

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 10,091 and 10,927 ft, median 10,756 ft, over the 6 wells that filed a depth.

Completions filed
Jan 2009 – Nov 2014
6 of 6 wells
Plug dates filed
Feb 2018
1 of 6 wells; 5 filed none

Last completion to plug: a median of 5.6 years across the 1 well that filed both dates, with the middle half between 5.6 years and 5.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

6 wells

42-17336652610,737 ftNov 2014
42-17336217510,760 ftMay 2014
42-17335397410,769 ftMar 2013
42-17334937310,751 ftOct 2012
42-17334687110,927 ftJul 2012Feb 2018Yes
42-17333438210,091 ftJan 2009

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 (209)

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

209 months

May 20261,0002,938106.413.05$115,359
Apr 20266022,82398.932.87$67,657
Mar 20269453,23789.753.15$95,008
Feb 20263941,83863.503.75$31,912
Jan 20264862,86859.138.00$51,675
Dec 20256672,83456.664.41$50,300
Nov 20257862,78658.593.93$56,991
Oct 20256442,35459.383.30$46,020
Sep 20258802,37662.743.08$62,522
Aug 20259792,81963.933.01$71,086
Jul 20257202,73366.743.32$57,113
Jun 20259462,68466.483.13$71,288
May 20258312,73760.553.23$59,164
Apr 20251,0002,52862.363.54$71,317
Mar 20251,0042,49267.704.27$78,607
Feb 20251,0202,33270.884.34$82,420
Jan 20251,0542,53474.324.28$89,175
Dec 20241,0252,57368.993.12$78,746
Nov 20249852,10169.052.20$72,633
Oct 20241,0442,55371.372.28$80,335
Sep 20241,2422,38969.612.36$92,104
Aug 20248701,62075.632.06$69,141
Jul 202473196979.932.15$60,509
Jun 20241,1531,61478.082.63$94,277
May 20246781,88778.812.20$57,582
Apr 20247251,44484.451.66$63,622
Mar 20249201,38580.301.55$76,016
Feb 20241,4271,71376.091.78$111,636
Jan 20241,1273,74373.023.30$94,637
Dec 20232,0295,35071.262.61$158,554
Nov 20235162,28777.892.81$46,612
Oct 20239592,42485.443.09$89,421
Sep 20238682,35089.042.74$83,714
Aug 20231,2663,94280.522.67$112,475
Jul 20231,4082,87474.852.64$112,981
Jun 20231,0952,51368.962.26$81,187
May 20234191,54570.622.23$33,031
Apr 20238862,12978.122.24$73,979
Mar 20231,3701,54972.852.39$103,512
Feb 20239651,02175.112.47$74,999
Jan 20231,1381,65376.533.39$92,691
Dec 20221,3651,45876.415.73$112,653
Nov 20221,2561,35385.005.65$114,399
Oct 20221,3791,33687.185.86$128,055
Sep 20221,4151,01084.888.16$128,351
Aug 202260754194.529.13$62,311
Jul 20221,054900101.587.54$113,853
Jun 2022169652115.097.98$24,651
May 20226342,991109.378.43$94,564
Apr 20225924,351104.226.84$91,449
Mar 20227024,231108.885.08$97,912
Feb 20225403,88591.054.86$68,044
Jan 20225493,85981.844.54$62,441
Dec 20219513,76671.323.90$82,509
Nov 20214292,92677.435.24$48,540
Oct 20215864,32579.795.71$71,469
Sep 20218764,27369.865.35$84,062
Aug 20216004,44866.024.22$58,385
Jul 20218964,48470.783.98$81,275
Jun 20217544,71969.493.38$68,349
May 20215674,60963.483.02$49,902
Apr 20216804,45560.362.76$53,334
Mar 20218994,49961.302.72$67,332
Feb 20217502,82357.805.55$59,012
Jan 20217044,36350.412.81$47,750
Dec 20208584,62544.642.68$50,675
Nov 20205843,94938.772.71$33,330
Oct 20206554,50536.972.48$35,381
Sep 20206794,89337.091.99$34,926
Aug 20207065,23339.982.39$40,707
Jul 20208954,44738.371.83$42,457
Jun 20207514,38834.901.69$33,627
May 20207084,55916.921.81$20,253
Apr 20207454,16414.751.80$18,502
Mar 20205894,17730.341.86$25,624
Feb 20205953,58549.881.98$36,779
Jan 20207514,26657.252.09$51,931
Dec 20191,0594,62659.012.30$73,152
Nov 20195965,06255.302.75$46,883
Oct 20198445,45053.472.42$58,310
Sep 20195515,47555.052.66$44,881
Aug 20198155,32753.112.30$55,560
Jul 20198085,42656.272.46$58,814
Jun 20195175,17452.782.49$40,177
May 20191,1425,96558.482.74$83,130
Apr 20198627,18062.632.75$73,737
Mar 20191,1425,78656.803.06$82,583
Feb 20197923,61550.852.79$50,367
Jan 20192873,95246.033.23$25,968
Dec 20189055,81646.594.19$66,506
Nov 20188655,94352.934.24$70,966
Oct 20181,1377,06761.443.40$93,872
Sep 20187051,00559.543.11$45,099
Aug 20181,1022,30359.403.07$72,521
Jul 20185424,76565.142.93$49,276
Jun 20189146,41160.183.08$74,731
May 20181,0745,62965.382.90$86,547
Apr 20188314,97663.842.90$67,485
Mar 20181,3725,63661.222.79$99,700
Feb 20188095,18961.782.77$64,333
Jan 20181,1217,53862.874.01$100,700
Dec 20171,1517,80357.272.92$88,714
Nov 20171,3648,16755.423.12$101,061
Oct 20177757,26249.292.98$59,867
Sep 20177847,35647.523.09$59,966
Aug 20171,0477,91045.373.00$71,267
Jul 20171,0117,77043.873.09$68,341
Jun 20179997,84642.493.09$66,670
May 20171,0568,07145.373.26$74,250
Apr 20171,0647,87447.933.21$76,286
Mar 20171,2198,51146.772.98$82,407
Feb 20171,0947,40350.452.95$77,050
Jan 20171,1687,40449.413.42$83,024
Dec 20161,4157,77448.763.72$97,937
Nov 20161,2059,42742.492.64$76,129
Oct 20161,48410,42046.193.09$100,746
Sep 20161,0859,35141.553.10$74,076
Aug 20161,32110,06241.442.92$84,167
Jul 20161,34210,77541.622.92$87,364
Jun 20161,09810,87145.352.69$78,992
May 20161,35011,67842.521.99$80,653
Apr 20161,32311,31736.561.99$70,901
Mar 20161,85612,22233.011.79$83,193
Feb 20161,63211,38026.472.06$66,683
Jan 20162,20912,67427.352.36$90,382
Dec 20151,66512,26032.362.00$78,417
Nov 20151,84913,30338.792.17$100,555
Oct 20151,56914,58643.552.43$103,724
Sep 20152,33414,52242.992.76$140,396
Aug 20151,81816,62140.162.87$120,755
Jul 20152,51017,23048.152.95$171,600
Jun 20152,27014,85956.152.88$170,297
May 20151,88114,30055.212.96$146,113
Apr 20152,54014,57249.822.71$165,983
Mar 20152,63915,46242.892.93$158,563
Feb 20152,85116,22244.662.98$175,605
Jan 20154,05417,66243.433.10$230,829
Dec 20143,69919,22154.693.59$271,328
Nov 20142,92414,18470.464.25$266,333
Oct 20142,12712,04878.303.90$213,543
Sep 20142,47813,57486.164.05$268,417
Aug 20142,76515,80489.394.04$310,934
Jul 20143,42116,77296.564.18$400,432
Jun 20143,48317,82298.164.74$426,312
May 20143,32213,43894.734.73$378,209
Apr 20141,3478,59295.944.81$170,551
Mar 20142,27710,70195.895.06$272,454
Feb 20141,7028,92597.406.19$221,038
Jan 20142,45610,34890.404.86$272,321
Dec 20132,1069,68191.824.35$235,529
Nov 20132,31410,74488.853.74$245,763
Oct 20132,20312,79597.423.78$262,973
Sep 20132,78114,557104.113.72$343,649
Aug 20133,49316,309104.253.52$421,596
Jul 20133,41218,838102.523.72$419,833
Jun 20133,69919,58194.403.93$426,206
May 20135,13823,35194.834.15$584,122
Apr 20133,08512,67893.964.28$344,161
Mar 20133,45415,26793.623.91$383,101
Feb 20132,99111,78991.233.42$313,186
Jan 20133,36910,15691.603.42$343,333
Dec 20123,70811,49886.773.42$361,068
Nov 20124,92213,09586.953.62$475,437
Oct 20121,2864,72589.383.40$131,006
Sep 20121,2233,61394.672.92$126,326
Aug 20127743,39092.662.91$81,578
Jul 20123541,05285.133.02$33,314
Jun 201218491779.822.52$16,997
May 20123751,55291.612.49$38,216
Apr 20123701,438101.652.00$40,482
Mar 2012163915105.052.22$19,156
Feb 2012336877101.102.57$36,224
Jan 201216997198.092.73$19,232
Dec 201134499296.873.24$36,537
Nov 20113371,04095.723.31$35,701
Oct 20111691,08084.983.65$18,302
Sep 20113311,09283.623.99$32,031
Aug 20113061,29783.404.15$30,902
Jul 20114821,22294.144.52$50,896
Jun 20111691,17592.904.64$21,152
May 20111681,31998.134.40$22,296
Apr 20113411,329105.964.33$41,891
Mar 20113471,45196.364.06$39,324
Feb 20113511,40885.644.18$35,945
Jan 20115531,66586.504.59$55,475
Dec 20103851,76685.734.35$40,684
Nov 20104031,99280.843.80$40,139
Oct 20106171,71778.103.51$54,212
Sep 201034694272.633.98$28,879
Aug 201051296873.684.42$42,002
Jul 201034494672.554.74$29,438
Jun 201050190470.364.91$39,689
May 201033193171.124.24$27,484
Apr 201049690981.694.12$44,266
Mar 201051491478.394.39$44,304
Feb 201034087373.585.44$29,768
Jan 201067588574.365.96$55,471
Dec 200950890171.445.48$41,232
Nov 200950594574.593.75$41,213
Oct 200949496872.544.11$39,813
Sep 200950496665.543.06$35,993
Aug 20096541,02367.423.22$47,385
Jul 20098211,01961.133.46$53,718
Jun 20096351,05066.163.90$46,101
May 200974390654.743.93$44,229
Apr 20091,2051,75646.773.59$62,658
Mar 20091,6102,60342.144.06$78,411
Feb 20091,9191,89132.814.63$71,723
Jan 200938957335.865.37$17,027

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                1,000 bbl  × $106.41 =   $106,410
Casinghead gas     2,938 Mcf  × $  3.05 =     $8,949

────────────────────────────────────────────────────
Month total                                 $115,359

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/39243 is the state's own key, not one this site invented.