KATIE

Name: KATIE lease production and value, Apr 2011 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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 41430District 08Field 85280300OilCasinghead gasSave Export

Value, all time

$13.3 M

Apr 2011 – Nov 2020

Value, last 12 filed months

$15 k

at the published price for each month

Months reported

116

no gaps in the span

Streams

oil, casinghead gas

The SPRABERRY (TREND AREA) 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 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.

Stream	Basis	Volume	Value
Oil	Disposition	172,498 bbl	$12,686,832
Casinghead gas	Production	192,209 Mcf	$643,165
Total			$13,329,997

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 31.9202, -102.2607. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.9 miles.

31.91946, -102.26103 · 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

83.3%

5 of 6 wells

With a plug date

83.3%

5 of 6 wells

Median depth

10,909 ft

6 wells filed one

Completion to plug

8.7 years

median over 5 wells

What the state filed about each well

On the RRC proration schedule

583.3%

A plug date is filed

583.3%

BothOn the schedule and plugged. Neither fact cancels the other.

583.3%

NeitherNo plug date, and not on the schedule.

116.7%

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 9,805 and 11,649 ft, median 10,909 ft, over the 6 wells that filed a depth.

Completions filed

Apr 2011 – Jan 2014

6 of 6 wells

Plug dates filed

Sep 2020 – Oct 2020

5 of 6 wells; 1 filed none

Last completion to plug: a median of 8.7 years across the 5 wells that filed both dates, with the middle half between 8.2 years and 9.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

6 wells


42-32901364	1100SW	10,670 ft	Jan 2014	Oct 2020	Yes
42-32938710	1109H	9,805 ft	Sep 2013	—	—
42-32937695	1104	11,329 ft	Aug 2012	Oct 2020	Yes
42-32937670	1103	11,000 ft	Feb 2012	Oct 2020	Yes
42-32937161	1102	11,649 ft	Aug 2011	Sep 2020	Yes
42-32935943	1101	10,818 ft	Apr 2011	Sep 2020	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 (116)

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

116 months


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	24	58	57.25	2.09	$1,495
Dec 2019	218	366	59.01	2.30	$13,708
Nov 2019	171	508	55.30	2.75	$10,854
Oct 2019	146	324	53.47	2.42	$8,590
Sep 2019	146	260	55.05	2.66	$8,728
Aug 2019	156	253	53.11	2.30	$8,868
Jul 2019	158	244	56.27	2.46	$9,491
Jun 2019	140	287	52.78	2.49	$8,104
May 2019	143	255	58.48	2.74	$9,061
Apr 2019	135	302	62.63	2.75	$9,286
Mar 2019	125	319	56.80	3.06	$8,077
Feb 2019	136	122	50.85	2.79	$7,256
Jan 2019	904	346	46.03	3.23	$42,728
Dec 2018	905	326	46.59	4.19	$43,528
Nov 2018	648	356	52.93	4.24	$35,807
Oct 2018	829	405	61.44	3.40	$52,310
Sep 2018	1,109	630	59.54	3.11	$67,988
Aug 2018	1,148	674	59.40	3.07	$70,258
Jul 2018	1,250	559	65.14	2.93	$83,064
Jun 2018	1,029	509	60.18	3.08	$63,491
May 2018	1,251	2,374	65.38	2.90	$88,677
Apr 2018	943	108	63.84	2.90	$60,514
Mar 2018	347	197	61.22	2.79	$21,792
Feb 2018	824	668	61.78	2.77	$52,754
Jan 2018	1,064	748	62.87	4.01	$69,893
Dec 2017	940	844	57.27	2.92	$56,300
Nov 2017	973	851	55.42	3.12	$56,577
Oct 2017	798	874	49.29	2.98	$41,941
Sep 2017	854	861	47.52	3.09	$43,240
Aug 2017	989	1,024	45.37	3.00	$47,947
Jul 2017	426	247	43.87	3.09	$19,451
Jun 2017	571	1,332	42.49	3.09	$28,374
May 2017	691	1	45.37	3.26	$31,354
Apr 2017	870	933	47.93	3.21	$44,696
Mar 2017	776	819	46.77	2.98	$38,737
Feb 2017	1,024	773	50.45	2.95	$53,943
Jan 2017	1,704	1,894	49.41	3.42	$90,670
Dec 2016	2,108	2,656	48.76	3.72	$112,674
Nov 2016	1,324	1,675	42.49	2.64	$60,686
Oct 2016	1,343	1,799	46.19	3.09	$67,593
Sep 2016	1,135	1,131	41.55	3.10	$50,666
Aug 2016	1,738	2,023	41.44	2.92	$77,939
Jul 2016	1,954	2,233	41.62	2.92	$87,856
Jun 2016	2,335	2,583	45.35	2.69	$112,830
May 2016	2,769	3,056	42.52	1.99	$123,823
Apr 2016	2,995	3,739	36.56	1.99	$116,942
Mar 2016	2,805	3,218	33.01	1.79	$98,366
Feb 2016	2,570	2,816	26.47	2.06	$73,839
Jan 2016	3,140	2,693	27.35	2.36	$92,246
Dec 2015	2,832	3,387	32.36	2.00	$98,422
Nov 2015	1,522	1,147	38.79	2.17	$61,524
Oct 2015	561	703	43.55	2.43	$26,137
Sep 2015	523	784	42.99	2.76	$24,646
Aug 2015	1,611	1,740	40.16	2.87	$69,696
Jul 2015	1,809	2,323	48.15	2.95	$93,945
Jun 2015	1,827	2,630	56.15	2.88	$110,168
May 2015	1,459	2,128	55.21	2.96	$86,841
Apr 2015	1,731	1,821	49.82	2.71	$91,167
Mar 2015	2,161	1,689	42.89	2.93	$97,642
Feb 2015	1,643	1,168	44.66	2.98	$76,853
Jan 2015	1,177	702	43.43	3.10	$53,294
Dec 2014	1,635	261	54.69	3.59	$90,355
Nov 2014	1,783	0	70.46	4.25	$125,630
Oct 2014	1,965	1,690	78.30	3.90	$160,452
Sep 2014	2,178	3,175	86.16	4.05	$200,501
Aug 2014	2,522	2,850	89.39	4.04	$236,942
Jul 2014	2,557	1,001	96.56	4.18	$251,088
Jun 2014	1,992	0	98.16	4.74	$195,535
May 2014	969	569	94.73	4.73	$94,483
Apr 2014	2,698	2,164	95.94	4.81	$269,253
Mar 2014	3,335	1,689	95.89	5.06	$328,334
Feb 2014	3,805	3,711	97.40	6.19	$393,586
Jan 2014	4,833	5,485	90.40	4.86	$463,564
Dec 2013	4,976	7,007	91.82	4.35	$487,408
Nov 2013	7,977	9,694	88.85	3.74	$744,995
Oct 2013	15,395	15,677	97.42	3.78	$1,559,030
Sep 2013	2,800	2,112	104.11	3.72	$299,360
Aug 2013	1,019	2,042	104.25	3.52	$113,424
Jul 2013	1,059	2,003	102.52	3.72	$116,015
Jun 2013	1,050	2,188	94.40	3.93	$107,726
May 2013	1,268	2,454	94.83	4.15	$130,426
Apr 2013	1,265	2,565	93.96	4.28	$129,844
Mar 2013	1,275	2,663	93.62	3.91	$129,785
Feb 2013	1,636	2,567	91.23	3.42	$158,031
Jan 2013	1,533	2,709	91.60	3.42	$149,687
Dec 2012	1,444	2,394	86.77	3.42	$133,484
Nov 2012	1,610	3,253	86.95	3.62	$151,781
Oct 2012	2,320	3,004	89.38	3.40	$217,574
Sep 2012	2,604	4,727	94.67	2.92	$260,316
Aug 2012	2,307	3,739	92.66	2.91	$224,640
Jul 2012	1,605	2,862	85.13	3.02	$145,279
Jun 2012	2,119	4,083	79.82	2.52	$179,424
May 2012	2,205	3,559	91.61	2.49	$210,856
Apr 2012	4,326	3,480	101.65	2.00	$446,687
Mar 2012	1,612	2,103	105.05	2.22	$174,014
Feb 2012	533	599	101.10	2.57	$55,426
Jan 2012	903	1,051	98.09	2.73	$91,449
Dec 2011	554	1,498	96.87	3.24	$58,519
Nov 2011	909	1,690	95.72	3.31	$92,606
Oct 2011	1,261	2,096	84.98	3.65	$114,807
Sep 2011	2,165	2,835	83.62	3.99	$192,337
Aug 2011	1,385	1,447	83.40	4.15	$121,513
Jul 2011	359	0	94.14	4.52	$33,796
Jun 2011	169	0	92.90	4.64	$15,700
May 2011	170	0	98.13	4.40	$16,682
Apr 2011	776	18	105.96	4.33	$82,303

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 2020 — as filed, then multipliedworked

Oil                   24 bbl  × $ 57.25 =     $1,374
Casinghead gas        58 Mcf  × $  2.09 =       $121

────────────────────────────────────────────────────
Month total                                   $1,495

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/41430 is the state's own key, not one this site invented.