COLT 34-212

Operated by ANADARKO E&P ONSHORE LLC (P-5 20528) in the PHANTOM (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 40262District 08Field 71052900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$70.4 M
May 2010 – Jul 2017
Value, last 12 filed months
$666 k
at the published price for each month
Months reported
87
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 7,755 leases and 10,539 wells, and the rule below applies to all of them.

Discovered
1983-06-23
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 20 acres. The field rule took effect on 2017-08-01.

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: FOR THE FOLLOWING API 389-37515.

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
OilDisposition789,847 bbl$64,774,962
Casinghead gasProduction1,573,251 Mcf$5,630,279
Total$70,405,240

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 31.5815, -103.3391. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

31.58140, -103.33921 · 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%
3 of 3 wells
With a plug date
0.0%
0 of 3 wells
Median depth
11,156 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
3100.0%
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

Between 11,083 and 11,226 ft, median 11,156 ft, over the 3 wells that filed a depth.

Completions filed
May 2010 – Dec 2011
3 of 3 wells

3 wells

42-475358653H11,083 ftDec 2011Yes
42-475356792H11,226 ftApr 2011Yes
42-475355411H11,156 ftMay 2010Yes

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 (87)

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

87 months

Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20165,0198,39746.193.09$257,777
Sep 20163,7096,03041.553.10$172,806
Aug 20165,0858,32641.442.92$235,070
Jul 20165,2918,58941.622.92$245,329
Jun 20164,5307,71345.352.69$226,151
May 20164,7618,16442.521.99$218,693
Apr 20164,9847,55836.561.99$197,263
Mar 20165,5198,85233.011.79$198,063
Feb 20164,7058,05226.472.06$141,158
Jan 20164,9508,85227.352.36$156,312
Dec 20154,3617,88832.362.00$156,909
Nov 20153,9267,58038.792.17$168,718
Oct 20155,8459,91043.552.43$278,597
Sep 20154,6177,39442.992.76$218,881
Aug 20156,1189,33340.162.87$272,508
Jul 20155,3159,53048.152.95$283,984
Jun 20153,9067,39056.152.88$240,626
May 20156,1249,37755.212.96$365,819
Apr 20155,1378,41149.822.71$278,690
Mar 20155,5399,76142.892.93$266,213
Feb 20155,1079,55744.662.98$256,522
Jan 20154,3595,24243.433.10$205,565
Dec 20146,1709,71554.693.59$372,327
Nov 20145,3058,46970.464.25$409,799
Oct 20147,60713,51978.303.90$648,365
Sep 20146,10311,08686.164.05$570,682
Aug 20145,7199,35589.394.04$548,970
Jul 20145,7689,11096.564.18$595,034
Jun 20144,4317,11598.164.74$468,650
May 20147,57211,92694.734.73$773,665
Apr 20146,4539,65795.944.81$665,542
Mar 20146,28510,55295.895.06$656,028
Feb 20145,3489,24897.406.19$578,159
Jan 20145,0298,03990.404.86$493,697
Dec 20133,8724,63191.824.35$375,693
Nov 20134,1166,34688.853.74$389,430
Oct 20135,4879,44897.423.78$570,251
Sep 20135,33513,790104.113.72$606,694
Aug 20135,36614,077104.253.52$608,993
Jul 20136,01715,258102.523.72$673,588
Jun 20138,20821,89794.403.93$860,965
May 201310,88430,98894.834.15$1,160,701
Apr 201311,69331,89293.964.28$1,235,255
Mar 201312,96734,34193.623.91$1,348,342
Feb 201311,56630,09091.233.42$1,158,071
Jan 201311,11524,46891.603.42$1,101,812
Dec 201212,51420,61286.773.42$1,156,336
Nov 20128,37315,09186.953.62$782,737
Oct 201212,29621,70189.383.40$1,172,793
Sep 201211,75618,55994.672.92$1,167,103
Aug 20128,22219,89792.662.91$819,714
Jul 201216,04653,34385.133.02$1,527,135
Jun 201217,46334,78479.822.52$1,481,519
May 201212,36228,41391.612.49$1,203,183
Apr 201217,11355,623101.652.00$1,850,604
Mar 201224,60058,677105.052.22$2,714,615
Feb 201220,62539,402101.102.57$2,186,460
Jan 201217,67438,53998.092.73$1,839,011
Dec 201115,06041,03996.873.24$1,591,818
Nov 201122,78444,83095.723.31$2,329,329
Oct 201122,23236,82584.983.65$2,023,633
Sep 201120,89036,63883.623.99$1,892,854
Aug 201124,52138,40083.404.15$2,204,385
Jul 201112,84121,51594.144.52$1,306,040
Jun 201117,09226,32692.904.64$1,709,996
May 201112,62816,22898.134.40$1,310,667
Apr 20112,93812,588105.964.33$365,858
Mar 201110,77922,85796.364.06$1,131,403
Feb 201111,88920,87485.644.18$1,105,427
Jan 201114,22225,77486.504.59$1,348,474
Dec 201017,61430,49585.734.35$1,642,633
Nov 201016,30026,32280.843.80$1,417,593
Oct 201019,01031,98778.103.51$1,596,920
Sep 201019,65631,30472.633.98$1,552,189
Aug 201018,97728,74473.684.42$1,525,255
Jul 201027,37543,83572.554.74$2,193,680
Jun 201026,67294,89470.364.91$2,342,609
May 2010021271.124.24$898

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.

Oct 2016 — as filed, then multipliedworked
Oil                5,019 bbl  × $ 46.19 =   $231,828
Casinghead gas     8,397 Mcf  × $  3.09 =    $25,949

────────────────────────────────────────────────────
Month total                                 $257,777

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/40262 is the state's own key, not one this site invented.