COLE, PEARL & JOE

Operated by SAGUARO PETROLEUM, LLC (P-5 743325) in the CLYDE-REYNOLDS (WOLFCAMP CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 40693District 08Field 19097800OilCasinghead gasSaveExport
Value, all time
$938 k
Apr 2011 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
182
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 31 leases and 53 wells, and the rule below applies to all of them.

Discovered
2011-03-22
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2011-03-22.

The Commission's schedule remark for this field reads: HORIZONTAL RULES AND TAKE POINTS.

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
OilDisposition11,685 bbl$895,611
Casinghead gasProduction12,862 Mcf$42,240
Total$937,850

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 31.9086, -101.3315. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.90864, -101.33152 · 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 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
8,010 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
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.
1100.0%

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 8,010 ft.

1 well

42-1733094618,010 ft

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 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 202161050.412.81$3,075
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200316.921.81$5
Apr 20200214.751.80$4
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200657.252.09$13
Dec 201905859.012.30$134
Nov 201907655.302.75$209
Oct 201902953.472.42$70
Sep 20190055.052.66$0
Aug 20190253.112.30$5
Jul 20190356.272.46$7
Jun 20190652.782.49$15
May 201902158.482.74$58
Apr 201909362.632.75$256
Mar 20191704056.803.06$9,778
Feb 201907550.852.79$209
Jan 201908446.033.23$271
Dec 20181789846.594.19$8,703
Nov 201809252.934.24$390
Oct 201805961.443.40$200
Sep 2018011059.543.11$342
Aug 2018012859.403.07$393
Jul 2018013065.142.93$381
Jun 201817912260.183.08$11,148
May 2018012965.382.90$374
Apr 2018012463.842.90$360
Mar 2018012361.222.79$343
Feb 201817210761.782.77$10,922
Jan 2018011662.874.01$465
Dec 201707557.272.92$219
Nov 201718210455.423.12$10,411
Oct 2017012049.292.98$358
Sep 20170047.523.09$0
Aug 2017011145.373.00$333
Jul 201713511443.873.09$6,274
Jun 20170042.493.09$0
May 20171609445.373.26$7,566
Apr 201709847.933.21$315
Mar 201718111346.772.98$8,803
Feb 20170050.452.95$0
Jan 201732810949.413.42$16,579
Dec 2016010848.763.72$402
Nov 20160042.492.64$0
Oct 2016012146.193.09$374
Sep 2016011941.553.10$369
Aug 201615012441.442.92$6,579
Jul 2016013041.622.92$380
Jun 201617813345.352.69$8,430
May 2016011942.521.99$237
Apr 20161737136.561.99$6,466
Mar 2016012533.011.79$224
Feb 201615212526.472.06$4,281
Jan 201616114727.352.36$4,751
Dec 2015011332.362.00$226
Nov 201515111138.792.17$6,098
Oct 201515713243.552.43$7,158
Sep 2015011742.992.76$323
Aug 201515015240.162.87$6,461
Jul 201516914648.152.95$8,567
Jun 201516515456.152.88$9,709
May 2015013355.212.96$393
Apr 201515114149.822.71$7,904
Mar 201514515342.892.93$6,668
Feb 201515810444.662.98$7,366
Jan 201517315043.433.10$7,978
Dec 201434018554.693.59$19,259
Nov 201408570.464.25$361
Oct 20141766378.303.90$14,027
Sep 2014011986.164.05$481
Aug 201417714489.394.04$16,403
Jul 201419716796.564.18$19,720
Jun 201417919398.164.74$18,485
May 201417720394.734.73$17,727
Apr 201435825395.944.81$35,563
Mar 2014019695.895.06$991
Feb 201406397.406.19$390
Jan 201417018790.404.86$16,277
Dec 201332321491.824.35$30,590
Nov 201318219588.853.74$16,900
Oct 2013017097.423.78$642
Sep 2013530401104.113.72$56,669
Aug 2013034104.253.52$120
Jul 20130110102.523.72$409
Jun 201335024194.403.93$33,988
May 201318218594.834.15$18,027
Apr 201317924093.964.28$17,847
Mar 201335722393.623.91$34,295
Feb 201318721291.233.42$17,785
Jan 201317932891.603.42$17,518
Dec 201255246886.773.42$49,498
Nov 201218227686.953.62$16,825
Oct 201207789.383.40$262
Sep 2012010994.672.92$318
Aug 201218115992.662.91$17,234
Jul 201203485.133.02$103
Jun 201209179.822.52$229
May 201218263291.612.49$18,246
Apr 2012184464101.652.00$19,630
Mar 2012183347105.052.22$19,995
Feb 201238320101.102.57$38,773
Jan 20120898.092.73$22
Dec 20111823596.873.24$17,744
Nov 2011176095.723.31$16,847
Oct 2011356984.983.65$30,286
Sep 201102083.623.99$80
Aug 2011182083.404.15$15,179
Jul 2011182094.144.52$17,133
Jun 2011181092.904.64$16,815
May 20110098.134.40$0
Apr 20113570105.964.33$37,828

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.

Jan 2021 — as filed, then multipliedworked
Oil                   61 bbl  × $ 50.41 =     $3,075
Casinghead gas         0 Mcf  × $  2.81 =         $0

────────────────────────────────────────────────────
Month total                                   $3,075

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/40693 is the state's own key, not one this site invented.