CORRY "F"

Operated by BIG THREE OIL COMPANY (P-5 70711) in the SHAHAN (CONGL.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 122878District 09Field 82582300CondensateGasSaveExport
Value, all time
$77 k
Jan 1993 – Nov 2005
Value, last 12 filed months
$7 k
at the published price for each month
Months reported
155
no gaps in the span
Streams
2
condensate, 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 6 leases and 6 wells, and the rule below applies to all of them.

Discovered
1986-10-22
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: ALLOCATION FORMULA EFFECTIVE 07/01/87.

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
CondensateDisposition177 bbl$3,505
GasProduction39,495 Mcf$73,063
Total$76,569

20,115 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 33.4438, -98.1040. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.44380, -98.10402 · 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%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
5,822 ft
1 wells filed one
Completion to plug
19.1 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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

The one well that filed a depth was drilled to 5,822 ft.

Completions filed
Oct 1986
1 of 1 wells
Plug dates filed
Nov 2005
1 of 1 wells

Last completion to plug: a median of 19.1 years across the 1 well that filed both dates, with the middle half between 19.1 years and 19.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2373720515,822 ftOct 1986Nov 2005Yes

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 (155)

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

155 months

Nov 20050054.6910.59$0
Oct 200501258.3413.80$166
Sep 20050661.4512.08$72
Aug 200504961.519.80$480
Jul 200503055.697.84$235
Jun 2005011852.337.38$871
May 2005014045.226.65$931
Apr 2005013849.207.36$1,016
Mar 2005013950.377.15$995
Feb 2005010945.226.31$688
Jan 2005014243.166.32$898
Dec 2004015639.866.75$1,053
Nov 2004015745.286.33$994
Oct 2004016849.706.52$1,095
Sep 2004015143.245.28$798
Aug 2004015142.375.55$838
Jul 2004014938.286.08$907
Jun 2004014736.106.43$946
May 2004011937.486.49$773
Apr 2004012034.475.86$703
Mar 2004015034.365.53$830
Feb 2004015132.455.51$832
Jan 2004014332.036.30$901
Dec 2003015730.266.30$989
Nov 2003016328.804.60$749
Oct 2003016528.174.76$785
Sep 2003016126.314.75$765
Aug 2003014829.765.13$759
Jul 2003014429.415.17$745
Jun 2003015028.565.98$897
May 2003015526.595.97$926
Apr 2003015226.675.41$822
Mar 2003014831.146.10$902
Feb 2003013633.487.93$1,078
Jan 2003015130.315.58$843
Dec 2002014326.914.85$694
Nov 2002013824.664.14$571
Oct 2002013826.464.23$584
Sep 2002010027.443.64$364
Aug 2002013425.963.16$424
Jul 2002017024.583.06$521
Jun 2002017723.733.34$591
May 2002016324.663.58$584
Apr 2002017223.653.51$604
Mar 2002017622.003.10$546
Feb 2002015918.222.38$378
Jan 20020017.172.38$0
Dec 2001018816.932.36$445
Nov 2001017918.072.41$431
Oct 20010019.782.53$0
Sep 2001017124.262.25$385
Aug 2001016524.873.05$504
Jul 2001016823.933.20$537
Jun 2001016424.563.82$627
May 2001018125.524.31$780
Apr 2001018124.685.34$966
Mar 2001018824.545.38$1,011
Feb 20016917327.755.77$2,912
Jan 2001019527.478.40$1,638
Dec 2000019626.889.12$1,788
Nov 2000020332.215.66$1,149
Oct 2000020631.235.15$1,060
Sep 2000019631.875.19$1,017
Aug 2000020129.644.54$913
Jul 2000020628.534.09$842
Jun 2000020529.304.40$901
May 2000021327.263.68$784
Apr 2000021024.513.12$654
Mar 2000021928.422.86$626
Feb 2000020627.622.73$562
Jan 2000022125.272.48$548
Dec 1999022124.282.42$536
Nov 1999022023.192.43$535
Oct 1999022720.982.80$636
Sep 1999021621.752.62$566
Aug 1999021019.262.88$604
Jul 1999020917.892.37$496
Jun 1999021315.942.36$503
May 1999122415.792.32$536
Apr 1999021515.102.21$475
Mar 1999023212.471.84$426
Feb 199902109.981.82$382
Jan 1999023610.381.90$448
Dec 199802379.201.77$420
Nov 1998023810.892.19$520
Oct 1998024012.421.97$473
Sep 1998022612.592.08$471
Aug 1998023511.301.91$448
Jul 1998023511.742.24$526
Jun 1998021311.242.24$477
May 1998024512.622.21$541
Apr 1998024513.042.51$614
Mar 1998026412.802.31$610
Feb 1998023813.952.30$547
Jan 1998026514.702.15$571
Dec 1997027116.322.41$653
Nov 1997026618.193.09$821
Oct 1997027719.253.15$873
Sep 1997026717.742.95$789
Aug 1997027517.862.55$703
Jul 1997026817.582.25$602
Jun 1997026817.242.26$605
May 1997028718.972.31$663
Apr 1997030317.882.08$631
Mar 1997027418.951.94$531
Feb 1997024820.492.21$547
Jan 1997028223.483.54$998
Dec 1996028323.32$0
Nov 1996028421.97$0
Oct 1996031323.31$0
Sep 1996028222.22$0
Aug 1996029920.26$0
Jul 1996031319.55$0
Jun 1996022918.73$0
May 1996033819.43$0
Apr 1996032421.51$0
Mar 1996033819.38$0
Feb 1996033616.98$0
Jan 1996042717.07$0
Dec 1995043817.19$0
Nov 1995056016.00$0
Oct 19952660215.43$401
Sep 1995021516.18$0
Aug 1995024315.92$0
Jul 1995027715.24$0
Jun 1995019216.41$0
May 1995022617.56$0
Apr 1995020517.73$0
Mar 1995022516.44$0
Feb 1995030016.58$0
Jan 1995021015.92$0
Dec 1994027015.03$0
Nov 1994030015.90$0
Oct 1994030815.58$0
Sep 1994022415.29$0
Aug 1994044316.13$0
Jul 1994050317.56$0
Jun 1994058817.09$0
May 1994028115.88$0
Apr 1994060314.14$0
Mar 1994045912.46$0
Feb 1994044312.50$0
Jan 1994053312.66$0
Dec 1993049912.33$0
Nov 19938152614.49$1,174
Oct 1993076015.85$0
Sep 1993074415.03$0
Aug 1993077115.66$0
Jul 1993037515.46$0
Jun 1993051516.79$0
May 1993061517.68$0
Apr 1993078718.05$0
Mar 1993083518.14$0
Feb 1993038017.90$0
Jan 1993089416.93$0

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 2005 — as filed, then multipliedworked
Condensate             0 bbl  × $ 58.34 =         $0
Gas                   12 Mcf  × $ 13.80 =       $166

────────────────────────────────────────────────────
Month total                                     $166

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. 09/G/122878 is the state's own key, not one this site invented.