COCA COLA "C"

Operated by CHOLLA PETROLEUM, INC. (P-5 150683) in the BOONSVILLE (BEND CONGL., GAS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 126140District 09Field 10574520NGPA filingCondensateGasSaveExport
Value, all time
$3.0 M
Jan 1993 – Mar 2013
Value, last 12 filed months
$35 k
at the published price for each month
Months reported
243
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 3,438 leases and 3,443 wells, and the rule below applies to all of them.

Discovered
1945-05-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1991-06-10.

The Commission's schedule remark for this field reads: AMOUNT HAD BEEN CALCULATED FOR 5/1/97.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition2,060 bbl$48,623
GasProduction1,039,630 Mcf$2,968,152
Total$3,016,775

315,820 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 33.2046, -98.0721. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.20462, -98.07209 · 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
5,500 ft
1 wells filed one
Completion to plug
25.3 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 5,500 ft.

Completions filed
Nov 1987
1 of 1 wells
Plug dates filed
Mar 2013
1 of 1 wells

Last completion to plug: a median of 25.3 years across the 1 well that filed both dates, with the middle half between 25.3 years and 25.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2373739125,500 ftNov 1987Mar 2013Yes

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 (243)

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

243 months

Mar 2013927793.623.91$8,914
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 2012035094.672.92$1,021
Aug 201201,80592.662.91$5,249
Jul 201201,68985.133.02$5,102
Jun 201201,84479.822.52$4,645
May 201202,06191.612.49$5,128
Apr 201202,266101.652.00$4,525
Mar 201201,692105.052.22$3,760
Feb 201201,536101.102.57$3,948
Jan 201202,04098.092.73$5,578
Dec 201101,91496.873.24$6,201
Nov 201102,13395.723.31$7,063
Oct 201101,74184.983.65$6,352
Sep 201101,60083.623.99$6,377
Aug 201101,97583.404.15$8,195
Jul 201102,16194.144.52$9,762
Jun 201102,01692.904.64$9,354
May 201102,38298.134.40$10,492
Apr 201102,341105.964.33$10,144
Mar 201102,15996.364.06$8,760
Feb 201101,86685.644.18$7,800
Jan 201101,48586.504.59$6,814
Dec 201002,54985.734.35$11,082
Nov 201002,60180.843.80$9,872
Oct 201002,62078.103.51$9,193
Sep 201002,33872.633.98$9,304
Aug 201002,69773.684.42$11,919
Jul 201001,60872.554.74$7,616
Jun 201002,27070.364.91$11,147
May 201002,63271.124.24$11,147
Apr 201002,66481.694.12$10,983
Mar 201002,61878.394.39$11,490
Feb 201002,38673.585.44$12,985
Jan 201002,88774.365.96$17,218
Dec 2009072571.445.48$3,976
Nov 200902,62774.593.75$9,855
Oct 200902,75572.544.11$11,324
Sep 200902,59965.543.06$7,965
Aug 200902,72267.423.22$8,761
Jul 200902,73161.133.46$9,462
Jun 200902,29866.163.90$8,951
May 200902,58354.743.93$10,140
Apr 200902,44946.773.59$8,786
Mar 200901,39942.144.06$5,679
Feb 20090032.814.63$0
Jan 200901,64235.865.37$8,819
Dec 200802,59737.105.98$15,523
Nov 200802,39255.496.86$16,410
Oct 200801,69275.246.92$11,712
Sep 200802,293101.767.88$18,062
Aug 200802,432114.228.48$20,631
Jul 200801,957131.0811.39$22,289
Jun 200801,415131.3313.03$18,441
May 200801,351123.1711.57$15,637
Apr 200801,332110.3110.45$13,926
Mar 200801,555101.909.66$15,028
Feb 200801,20292.538.77$10,542
Jan 2008089690.388.21$7,352
Dec 200703088.337.30$219
Nov 200702,05391.677.29$14,970
Oct 200702,95182.856.92$20,427
Sep 200703,68175.846.24$22,985
Aug 200703,57169.066.39$22,811
Jul 200701,39270.906.39$8,892
Jun 2007090362.007.55$6,816
May 200703,31758.747.85$26,026
Apr 200703,13559.617.81$24,469
Mar 2007078556.927.30$5,732
Feb 2007070355.108.22$5,776
Jan 2007017550.306.73$1,177
Dec 20060056.656.92$0
Nov 200602,83354.207.62$21,580
Oct 200602,47554.906.01$14,884
Sep 200603,06560.085.04$15,439
Aug 200603,35568.717.34$24,625
Jul 200603,34169.376.34$21,191
Jun 200603,21866.286.38$20,543
May 20061172,15766.016.42$21,582
Apr 200602,92764.397.36$21,544
Mar 200602,86556.707.08$20,293
Feb 200602,75457.597.75$21,347
Jan 200602,87060.598.93$25,639
Dec 200502,45354.9413.42$32,908
Nov 200502,49854.6910.59$26,450
Oct 200502,88458.3413.80$39,787
Sep 200502,91361.4512.08$35,186
Aug 2005067661.519.80$6,623
Jul 200502,14555.697.84$16,825
Jun 200502,92252.337.38$21,567
May 200502,87045.226.65$19,089
Apr 200502,97049.207.36$21,861
Mar 200502,92750.377.15$20,942
Feb 200502,28345.226.31$14,410
Jan 200502,54643.166.32$16,096
Dec 200402,30239.866.75$15,541
Nov 2004085045.286.33$5,381
Oct 200401,34749.706.52$8,776
Sep 200402,76443.245.28$14,605
Aug 200402,82142.375.55$15,658
Jul 200402,83238.286.08$17,230
Jun 200402,53736.106.43$16,321
May 200402,68937.486.49$17,464
Apr 200402,58634.475.86$15,150
Mar 200402,67034.365.53$14,765
Feb 200402,43632.455.51$13,421
Jan 200402,63632.036.30$16,606
Dec 200302,69830.266.30$17,002
Nov 200302,50128.804.60$11,493
Oct 200302,59728.174.76$12,361
Sep 200302,27926.314.75$10,824
Aug 200302,21029.765.13$11,337
Jul 200301,26129.415.17$6,520
Jun 2003064428.565.98$3,853
May 200303,36726.595.97$20,110
Apr 20031023,21326.675.41$20,094
Mar 200303,18631.146.10$19,422
Feb 200302,84033.487.93$22,510
Jan 200303,14030.315.58$17,528
Dec 200203,19726.914.85$15,517
Nov 200203,35224.664.14$13,867
Oct 200203,53426.464.23$14,946
Sep 200203,49627.443.64$12,709
Aug 200203,62225.963.16$11,461
Jul 200203,50124.583.06$10,719
Jun 200203,54423.733.34$11,831
May 200203,68624.663.58$13,211
Apr 200203,04023.653.51$10,677
Mar 200203,30022.003.10$10,239
Feb 200202,85318.222.38$6,778
Jan 200203,61317.172.38$8,583
Dec 200104,05016.932.36$9,576
Nov 2001098918.072.41$2,379
Oct 200103,23819.782.53$8,189
Sep 200104,09224.262.25$9,212
Aug 200103,72324.873.05$11,367
Jul 200104,07623.933.20$13,031
Jun 200106,50424.563.82$24,872
May 200107,25625.524.31$31,254
Apr 200107,38124.685.34$39,380
Mar 200105,50624.545.38$29,603
Feb 200106,37527.755.77$36,765
Jan 200107,98827.478.40$67,089
Dec 200006,89826.889.12$62,927
Nov 200005,50832.215.66$31,164
Oct 200004,38431.235.15$22,558
Sep 200002,10431.875.19$10,912
Aug 200005,33429.644.54$24,220
Jul 200008,40128.534.09$34,358
Jun 200008,43829.304.40$37,104
May 200008,17727.263.68$30,089
Apr 200007,52624.513.12$23,451
Mar 200006,15328.422.86$17,596
Feb 200004,96927.622.73$13,548
Jan 200005,96025.272.48$14,784
Dec 1999974,23724.282.42$12,624
Nov 199907,37623.192.43$17,953
Oct 199908,57420.982.80$24,039
Sep 199908,66721.752.62$22,698
Aug 199907,14319.262.88$20,540
Jul 199906,83417.892.37$16,213
Jun 199908,90815.942.36$21,042
May 199907,70615.792.32$17,886
Apr 199908,47415.102.21$18,711
Mar 199906,49412.471.84$11,938
Feb 199905,1229.981.82$9,311
Jan 199906,35910.381.90$12,082
Dec 1998013,3839.201.77$23,732
Nov 1998012,24410.892.19$26,762
Oct 199808,06212.421.97$15,876
Sep 199804,09712.592.08$8,532
Aug 199807,82611.301.91$14,927
Jul 19981579,72011.742.24$23,589
Jun 1998010,06311.242.24$22,514
May 199808,62712.622.21$19,034
Apr 199809,94913.042.51$24,926
Mar 1998011,54612.802.31$26,665
Feb 199808,83713.952.30$20,317
Jan 19981679,12214.702.15$22,111
Dec 1997010,23816.322.41$24,685
Nov 199705,94918.193.09$18,372
Oct 199705,92619.253.15$18,666
Sep 199707,34417.742.95$21,701
Aug 19971468,65717.862.55$24,724
Jul 199708,59717.582.25$19,317
Jun 199708,03817.242.26$18,143
May 199707,74318.972.31$17,875
Apr 19971526,52817.882.08$16,314
Mar 199707,42418.951.94$14,396
Feb 199707,14220.492.21$15,755
Jan 199707,39023.483.54$26,158
Dec 199605,92023.32$0
Nov 199604,31821.97$0
Oct 199605,62223.31$0
Sep 19961434,11222.22$3,177
Aug 199606,07720.26$0
Jul 199606,12919.55$0
Jun 199605,29118.73$0
May 199605,32519.43$0
Apr 199606,92021.51$0
Mar 199605,57019.38$0
Feb 19961383,76816.98$2,343
Jan 199605,40017.07$0
Dec 199505,71917.19$0
Nov 199504,77816.00$0
Oct 199505,14115.43$0
Sep 19951115,89316.18$1,796
Aug 199504,67615.92$0
Jul 199506,16415.24$0
Jun 199506,43516.41$0
May 199507,12617.56$0
Apr 19951506,24117.73$2,660
Mar 199507,54816.44$0
Feb 199507,84116.58$0
Jan 199504,40315.92$0
Dec 199405,39915.03$0
Nov 199404,69515.90$0
Oct 199405,50515.58$0
Sep 199405,77215.29$0
Aug 19941326,50216.13$2,129
Jul 199407,55817.56$0
Jun 199409,34517.09$0
May 199409,08815.88$0
Apr 199408,72514.14$0
Mar 19941208,60112.46$1,495
Feb 199407,54212.50$0
Jan 199408,23012.66$0
Dec 199308,49312.33$0
Nov 199306,70514.49$0
Oct 19931248,28715.85$1,965
Sep 199307,58515.03$0
Aug 199306,58415.66$0
Jul 199307,83615.46$0
Jun 199307,74816.79$0
May 199307,98617.68$0
Apr 19931127,97818.05$2,022
Mar 199307,76118.14$0
Feb 199306,96017.90$0
Jan 199308,51816.93$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.

Mar 2013 — as filed, then multipliedworked
Condensate            92 bbl  × $ 93.62 =     $8,613
Gas                   77 Mcf  × $  3.91 =       $301

────────────────────────────────────────────────────
Month total                                   $8,914

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/126140 is the state's own key, not one this site invented.