COLE

Operated by MAVERICK PERMIAN LLC (P-5 100319) in the ANDECTOR (WICHITA ALBANY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 48686District 08Field 02596820OilCasinghead gasSave
Value, all time
$109.3 M
May 2017 – May 2026
Value, last 12 filed months
$3.8 M
at the published price for each month
Months reported
109
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition1,503,610 bbl$89,805,236
Casinghead gasProduction5,842,881 Mcf$19,485,027
Total$109,290,263

Wells on this lease (7)

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 32.0467, -102.7106. A lease has no coordinate of its own — that point is the mean of its wells, and they span 2.1 miles.

32.04834, -102.70983 · 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 7 wells
With a plug date
0.0%
0 of 7 wells
Median depth
6,709 ft
7 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.
7100.0%

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 6,642 and 6,749 ft, median 6,709 ft, over the 7 wells that filed a depth.

Completions filed
Jun 2017 – Aug 2019
7 of 7 wells

7 wells

42-135436571309H6,744 ftAug 2019
42-135436581310H6,749 ftJul 2019
42-135435451210H6,668 ftJul 2018
42-135435481208H6,668 ftJun 2018
42-135435491209H6,642 ftApr 2018
42-135434241311H6,717 ftJun 2017
42-135434251312H6,709 ftJun 2017

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 (109)

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

109 months

May 20262,88022,575106.413.05$375,221
Apr 20263,21327,82398.932.87$397,706
Mar 20263,03822,12089.753.15$342,326
Feb 20262,98618,02763.503.75$257,218
Jan 20263,08322,64859.138.00$363,435
Dec 20253,61124,48156.664.41$312,643
Nov 20252,32817,67558.593.93$205,797
Oct 20254,00426,04459.383.30$323,829
Sep 20253,70524,79362.743.08$308,738
Aug 20253,99425,52163.933.01$332,276
Jul 20253,82227,44966.743.32$346,079
Jun 20253,24318,83366.483.13$274,518
May 20253,27320,32860.553.23$263,887
Apr 20253,33524,25362.363.54$293,902
Mar 20254,03325,87167.704.27$383,460
Feb 20254,28930,26370.884.34$435,371
Jan 20254,43725,79174.324.28$440,109
Dec 20245,46032,86068.993.12$479,254
Nov 20245,64332,82769.052.20$461,817
Oct 20246,01935,56671.372.28$510,716
Sep 20245,58534,59069.612.36$470,555
Aug 20245,19329,98075.632.06$454,614
Jul 20246,08132,69279.932.15$556,231
Jun 20246,22733,73878.082.63$575,069
May 20245,67532,50478.812.20$518,705
Apr 20245,26829,61884.451.66$494,025
Mar 20246,59334,16680.301.55$582,209
Feb 20244,35528,30476.091.78$381,856
Jan 20244,97530,89673.023.30$465,159
Dec 20236,48142,18171.262.61$571,959
Nov 20237,36045,30977.892.81$700,478
Oct 20236,25042,92785.443.09$666,528
Sep 20236,07042,22989.042.74$655,971
Aug 20236,58545,58280.522.67$652,059
Jul 20236,67653,16874.852.64$640,158
Jun 20238,07458,62168.962.26$689,177
May 20238,66759,65570.622.23$744,939
Apr 20239,97257,69778.122.24$908,125
Mar 20239,61862,83372.852.39$851,041
Feb 20238,55151,10675.112.47$768,277
Jan 202310,21161,84276.533.39$990,951
Dec 20229,61458,50776.415.73$1,069,797
Nov 202210,67864,59485.005.65$1,272,341
Oct 202213,03560,28187.185.86$1,489,865
Sep 202213,00969,67584.888.16$1,673,008
Aug 202210,40956,51794.529.13$1,499,698
Jul 20228,26852,199101.587.54$1,233,552
Jun 20226,75035,291115.097.98$1,058,381
May 20229,19352,135109.378.43$1,445,095
Apr 20229,14955,235104.226.84$1,331,184
Mar 202213,56672,524108.885.08$1,845,227
Feb 20229,38053,91691.054.86$1,116,018
Jan 202211,47663,52581.844.54$1,227,452
Dec 202116,94283,20971.323.90$1,532,745
Nov 202115,83269,49677.435.24$1,589,812
Oct 202114,89167,66279.795.71$1,574,765
Sep 20217,45135,09769.865.35$708,328
Aug 202110,76454,02166.024.22$938,640
Jul 20214,13231,38070.783.98$417,421
Jun 20218,81757,29969.493.38$806,399
May 20216,34735,60863.483.02$510,361
Apr 202114,34473,37260.362.76$1,068,195
Mar 202110,69159,90961.302.72$818,127
Feb 20215,66630,17457.805.55$494,899
Jan 202117,70190,62250.412.81$1,146,980
Dec 202019,96194,63544.642.68$1,144,251
Nov 202024,736107,45038.772.71$1,249,836
Oct 202020,12091,45936.972.48$970,511
Sep 202024,33796,10537.091.99$1,094,008
Aug 202026,26191,84939.982.39$1,268,984
Jul 202019,77782,76938.371.83$909,907
Jun 20205406,91934.901.69$30,541
May 20201,24910,24716.921.81$39,729
Apr 202017,66278,87914.751.80$402,842
Mar 202032,055138,60030.341.86$1,229,822
Feb 202035,720142,67649.881.98$2,064,308
Jan 202035,254134,74457.252.09$2,300,545
Dec 201932,946118,68859.012.30$2,217,643
Nov 201933,799116,49155.302.75$2,189,516
Oct 201940,268119,57853.472.42$2,442,334
Sep 201927,03449,29255.052.66$1,619,204
Aug 201926,87695,66353.112.30$1,647,826
Jul 201917,75679,70656.272.46$1,195,212
Jun 201914,20864,61752.782.49$910,872
May 201921,97465,72858.482.74$1,465,155
Apr 201920,07980,07962.632.75$1,477,821
Mar 201925,37798,18456.803.06$1,742,063
Feb 201925,998103,74350.852.79$1,611,672
Jan 201932,536117,23646.033.23$1,876,091
Dec 201837,829103,02546.594.19$2,193,658
Nov 201843,393100,53752.934.24$2,722,791
Oct 201852,500122,88561.443.40$3,643,173
Sep 201862,313107,29859.543.11$4,043,598
Aug 201853,78977,98259.403.07$3,434,203
Jul 201812,62822,99865.142.93$890,015
Jun 201810,69725,37860.183.08$721,832
May 201811,26728,16365.382.90$818,332
Apr 201813,21830,37663.842.90$931,952
Mar 201811,65424,75361.222.79$782,441
Feb 201812,67924,02761.782.77$849,770
Jan 20186,59312,18162.874.01$463,339
Dec 201713,06526,54357.272.92$825,778
Nov 201716,99532,27155.423.12$1,042,496
Oct 201720,61731,35449.292.98$1,109,762
Sep 201720,65533,32047.523.09$1,084,394
Aug 201722,57029,97045.373.00$1,114,043
Jul 201718,87221,62343.873.09$894,671
Jun 20175,3215,22642.493.09$242,223
May 20171,464045.373.26$66,422

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                2,880 bbl  × $106.41 =   $306,461
Casinghead gas    22,575 Mcf  × $  3.05 =    $68,760

────────────────────────────────────────────────────
Month total                                 $375,221

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/48686 is the state's own key, not one this site invented.