COLE, J. W. GAS UNIT

Name: COLE, J. W. GAS UNIT lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by DEVON ENERGY PRODUCTION CO, L.P. (P-5 216378) in the OLD PARADISE (STRAWN 3900) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 125069District 09Field 67032600CondensateGasSave Export

Value, all time

$236 k

Jan 1993 – Jun 2008

Value, last 12 filed months

$8 k

at the published price for each month

Months reported

186

no gaps in the span

Streams

condensate, gas

The OLD PARADISE (STRAWN 3900) 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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered

1985-07-12

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

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
Condensate	Disposition	1 bbl	$49
Gas	Production	74,501 Mcf	$235,869
Total			$235,918

21,504 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 33.1161, -97.7067. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.11610, -97.70674 · 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

100.0%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

6,070 ft

1 wells filed one

Completion to plug

23.1 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 6,070 ft.

Completions filed

May 1985

1 of 1 wells

Plug dates filed

Jun 2008

1 of 1 wells

Last completion to plug: a median of 23.1 years across the 1 well that filed both dates, with the middle half between 23.1 years and 23.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-49732984	2	6,070 ft	May 1985	Jun 2008	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 (186)

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

186 months


Jun 2008	0	0	131.33	13.03	$0
May 2008	0	0	123.17	11.57	$0
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	195	82.85	6.92	$1,350
Sep 2007	0	306	75.84	6.24	$1,911
Aug 2007	0	387	69.06	6.39	$2,472
Jul 2007	0	332	70.90	6.39	$2,121
Jun 2007	0	303	62.00	7.55	$2,287
May 2007	0	340	58.74	7.85	$2,668
Apr 2007	0	265	59.61	7.81	$2,068
Mar 2007	0	275	56.92	7.30	$2,008
Feb 2007	0	278	55.10	8.22	$2,284
Jan 2007	0	292	50.30	6.73	$1,964
Dec 2006	0	276	56.65	6.92	$1,909
Nov 2006	0	350	54.20	7.62	$2,666
Oct 2006	0	226	54.90	6.01	$1,359
Sep 2006	0	296	60.08	5.04	$1,491
Aug 2006	0	367	68.71	7.34	$2,694
Jul 2006	0	433	69.37	6.34	$2,746
Jun 2006	0	205	66.28	6.38	$1,309
May 2006	0	143	66.01	6.42	$919
Apr 2006	0	234	64.39	7.36	$1,722
Mar 2006	0	389	56.70	7.08	$2,755
Feb 2006	0	389	57.59	7.75	$3,015
Jan 2006	0	317	60.59	8.93	$2,832
Dec 2005	0	310	54.94	13.42	$4,159
Nov 2005	0	295	54.69	10.59	$3,124
Oct 2005	0	328	58.34	13.80	$4,525
Sep 2005	0	315	61.45	12.08	$3,805
Aug 2005	0	331	61.51	9.80	$3,243
Jul 2005	0	332	55.69	7.84	$2,604
Jun 2005	0	319	52.33	7.38	$2,355
May 2005	0	340	45.22	6.65	$2,261
Apr 2005	1	352	49.20	7.36	$2,640
Mar 2005	0	282	50.37	7.15	$2,018
Feb 2005	0	291	45.22	6.31	$1,837
Jan 2005	0	312	43.16	6.32	$1,973
Dec 2004	0	342	39.86	6.75	$2,309
Nov 2004	0	322	45.28	6.33	$2,038
Oct 2004	0	340	49.70	6.52	$2,215
Sep 2004	0	279	43.24	5.28	$1,474
Aug 2004	0	311	42.37	5.55	$1,726
Jul 2004	0	318	38.28	6.08	$1,935
Jun 2004	0	304	36.10	6.43	$1,956
May 2004	0	307	37.48	6.49	$1,994
Apr 2004	0	347	34.47	5.86	$2,033
Mar 2004	0	329	34.36	5.53	$1,819
Feb 2004	0	321	32.45	5.51	$1,769
Jan 2004	0	327	32.03	6.30	$2,060
Dec 2003	0	326	30.26	6.30	$2,054
Nov 2003	0	326	28.80	4.60	$1,498
Oct 2003	0	349	28.17	4.76	$1,661
Sep 2003	0	289	26.31	4.75	$1,373
Aug 2003	0	294	29.76	5.13	$1,508
Jul 2003	0	317	29.41	5.17	$1,639
Jun 2003	0	299	28.56	5.98	$1,789
May 2003	0	328	26.59	5.97	$1,959
Apr 2003	0	312	26.67	5.41	$1,687
Mar 2003	0	421	31.14	6.10	$2,566
Feb 2003	0	402	33.48	7.93	$3,186
Jan 2003	0	418	30.31	5.58	$2,333
Dec 2002	0	360	26.91	4.85	$1,747
Nov 2002	0	327	24.66	4.14	$1,353
Oct 2002	0	313	26.46	4.23	$1,324
Sep 2002	0	358	27.44	3.64	$1,301
Aug 2002	0	381	25.96	3.16	$1,206
Jul 2002	0	369	24.58	3.06	$1,130
Jun 2002	0	372	23.73	3.34	$1,242
May 2002	0	367	24.66	3.58	$1,315
Apr 2002	0	417	23.65	3.51	$1,465
Mar 2002	0	293	22.00	3.10	$909
Feb 2002	0	323	18.22	2.38	$767
Jan 2002	0	387	17.17	2.38	$919
Dec 2001	0	348	16.93	2.36	$823
Nov 2001	0	476	18.07	2.41	$1,145
Oct 2001	0	245	19.78	2.53	$620
Sep 2001	0	465	24.26	2.25	$1,047
Aug 2001	0	1,033	24.87	3.05	$3,154
Jul 2001	0	1,018	23.93	3.20	$3,255
Jun 2001	0	1,173	24.56	3.82	$4,486
May 2001	0	418	25.52	4.31	$1,800
Apr 2001	0	584	24.68	5.34	$3,116
Mar 2001	0	248	24.54	5.38	$1,333
Feb 2001	0	362	27.75	5.77	$2,088
Jan 2001	0	393	27.47	8.40	$3,301
Dec 2000	0	486	26.88	9.12	$4,434
Nov 2000	0	502	32.21	5.66	$2,840
Oct 2000	0	606	31.23	5.15	$3,118
Sep 2000	0	409	31.87	5.19	$2,121
Aug 2000	0	381	29.64	4.54	$1,730
Jul 2000	0	423	28.53	4.09	$1,730
Jun 2000	0	482	29.30	4.40	$2,119
May 2000	0	466	27.26	3.68	$1,715
Apr 2000	0	454	24.51	3.12	$1,415
Mar 2000	0	802	28.42	2.86	$2,294
Feb 2000	0	694	27.62	2.73	$1,892
Jan 2000	0	784	25.27	2.48	$1,945
Dec 1999	0	463	24.28	2.42	$1,122
Nov 1999	0	411	23.19	2.43	$1,000
Oct 1999	0	601	20.98	2.80	$1,685
Sep 1999	0	363	21.75	2.62	$951
Aug 1999	0	347	19.26	2.88	$998
Jul 1999	0	328	17.89	2.37	$778
Jun 1999	0	353	15.94	2.36	$834
May 1999	0	567	15.79	2.32	$1,316
Apr 1999	0	630	15.10	2.21	$1,391
Mar 1999	0	602	12.47	1.84	$1,107
Feb 1999	0	431	9.98	1.82	$783
Jan 1999	0	707	10.38	1.90	$1,343
Dec 1998	0	526	9.20	1.77	$933
Nov 1998	0	534	10.89	2.19	$1,167
Oct 1998	0	470	12.42	1.97	$926
Sep 1998	0	372	12.59	2.08	$775
Aug 1998	0	443	11.30	1.91	$845
Jul 1998	0	556	11.74	2.24	$1,244
Jun 1998	0	418	11.24	2.24	$935
May 1998	0	491	12.62	2.21	$1,083
Apr 1998	0	512	13.04	2.51	$1,283
Mar 1998	0	486	12.80	2.31	$1,122
Feb 1998	0	343	13.95	2.30	$789
Jan 1998	0	366	14.70	2.15	$789
Dec 1997	0	415	16.32	2.41	$1,001
Nov 1997	0	414	18.19	3.09	$1,279
Oct 1997	0	469	19.25	3.15	$1,477
Sep 1997	0	534	17.74	2.95	$1,578
Aug 1997	0	462	17.86	2.55	$1,180
Jul 1997	0	471	17.58	2.25	$1,058
Jun 1997	0	391	17.24	2.26	$883
May 1997	0	519	18.97	2.31	$1,198
Apr 1997	0	687	17.88	2.08	$1,431
Mar 1997	0	523	18.95	1.94	$1,014
Feb 1997	0	434	20.49	2.21	$957
Jan 1997	0	506	23.48	3.54	$1,791
Dec 1996	0	520	23.32	—	$0
Nov 1996	0	689	21.97	—	$0
Oct 1996	0	525	23.31	—	$0
Sep 1996	0	507	22.22	—	$0
Aug 1996	0	537	20.26	—	$0
Jul 1996	0	551	19.55	—	$0
Jun 1996	0	493	18.73	—	$0
May 1996	0	528	19.43	—	$0
Apr 1996	0	539	21.51	—	$0
Mar 1996	0	571	19.38	—	$0
Feb 1996	0	403	16.98	—	$0
Jan 1996	0	529	17.07	—	$0
Dec 1995	0	510	17.19	—	$0
Nov 1995	0	556	16.00	—	$0
Oct 1995	0	145	15.43	—	$0
Sep 1995	0	504	16.18	—	$0
Aug 1995	0	443	15.92	—	$0
Jul 1995	0	460	15.24	—	$0
Jun 1995	0	411	16.41	—	$0
May 1995	0	442	17.56	—	$0
Apr 1995	0	304	17.73	—	$0
Mar 1995	0	462	16.44	—	$0
Feb 1995	0	322	16.58	—	$0
Jan 1995	0	319	15.92	—	$0
Dec 1994	0	397	15.03	—	$0
Nov 1994	0	375	15.90	—	$0
Oct 1994	0	348	15.58	—	$0
Sep 1994	0	442	15.29	—	$0
Aug 1994	0	362	16.13	—	$0
Jul 1994	0	513	17.56	—	$0
Jun 1994	0	462	17.09	—	$0
May 1994	0	554	15.88	—	$0
Apr 1994	0	377	14.14	—	$0
Mar 1994	0	362	12.46	—	$0
Feb 1994	0	365	12.50	—	$0
Jan 1994	0	393	12.66	—	$0
Dec 1993	0	370	12.33	—	$0
Nov 1993	0	460	14.49	—	$0
Oct 1993	0	397	15.85	—	$0
Sep 1993	0	606	15.03	—	$0
Aug 1993	0	150	15.66	—	$0
Jul 1993	0	450	15.46	—	$0
Jun 1993	0	446	16.79	—	$0
May 1993	0	481	17.68	—	$0
Apr 1993	0	515	18.05	—	$0
Mar 1993	0	420	18.14	—	$0
Feb 1993	0	473	17.90	—	$0
Jan 1993	0	516	16.93	—	$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 2007 — as filed, then multipliedworked

Condensate             0 bbl  × $ 82.85 =         $0
Gas                  195 Mcf  × $  6.92 =     $1,350

────────────────────────────────────────────────────
Month total                                   $1,350

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/125069 is the state's own key, not one this site invented.