COLE TRUST "B"

Operated by BEDROCK PRODUCTION, LLC (P-5 61620) in the NEWARK, EAST (BARNETT SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 176837District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.8 M
Apr 2000 – Aug 2020
Value, last 12 filed months
$66 k
at the published price for each month
Months reported
245
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 21,881 leases and 22,468 wells, and the rule below applies to all of them.

Discovered
1981-10-15
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 20 acres. The field rule took effect on 2009-09-29.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

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
High Cost Gas112003-02-24150457
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
CondensateDisposition317 bbl$8,515
GasProduction1,648,450 Mcf$7,756,209
Total$7,764,724

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 33.0293, -97.3680. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.02930, -97.36797 · 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
7,685 ft
1 wells filed one
Completion to plug
20.3 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 7,685 ft.

Completions filed
Apr 2000
1 of 1 wells
Plug dates filed
Aug 2020
1 of 1 wells

Last completion to plug: a median of 20.3 years across the 1 well that filed both dates, with the middle half between 20.3 years and 20.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1213075217,685 ftApr 2000Aug 2020Yes

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 (245)

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

245 months

Aug 20200039.982.39$0
Jul 202002,21238.371.83$4,037
Jun 202003,01134.901.69$5,090
May 202002,97416.921.81$5,397
Apr 202002,73214.751.80$4,930
Mar 202002,91530.341.86$5,411
Feb 202002,88549.881.98$5,714
Jan 202003,07057.252.09$6,431
Dec 201902,89059.012.30$6,660
Nov 201902,78455.302.75$7,658
Oct 201903,04353.472.42$7,360
Sep 201902,85255.052.66$7,579
Aug 201902,98853.112.30$6,885
Jul 201903,05656.272.46$7,518
Jun 201903,11752.782.49$7,765
May 201903,31358.482.74$9,079
Apr 201903,32662.632.75$9,149
Mar 201903,25756.803.06$9,973
Feb 201902,94950.852.79$8,234
Jan 201903,37846.033.23$10,905
Dec 201803,40646.594.19$14,256
Nov 201802,83752.934.24$12,021
Oct 201803,51261.443.40$11,934
Sep 201803,41559.543.11$10,614
Aug 201803,69359.403.07$11,325
Jul 201803,61665.142.93$10,602
Jun 201803,21360.183.08$9,886
May 201803,92365.382.90$11,380
Apr 201803,70363.842.90$10,742
Mar 201803,74761.222.79$10,442
Feb 201803,43161.782.77$9,491
Jan 201803,88862.874.01$15,588
Dec 201703,70757.272.92$10,830
Nov 201703,37855.423.12$10,534
Oct 201703,41749.292.98$10,195
Sep 201703,52047.523.09$10,867
Aug 201703,86845.373.00$11,621
Jul 201704,04843.873.09$12,497
Jun 201703,94642.493.09$12,182
May 201703,27845.373.26$10,697
Apr 201703,52047.933.21$11,305
Mar 201704,01546.772.98$11,979
Feb 201703,92250.452.95$11,580
Jan 201704,37949.413.42$14,971
Dec 201604,43948.763.72$16,526
Nov 201604,29942.492.64$11,368
Oct 201604,42546.193.09$13,674
Sep 201604,27841.553.10$13,265
Aug 201604,45841.442.92$13,037
Jul 201604,11741.622.92$12,040
Jun 201604,01645.352.69$10,786
May 201604,27842.521.99$8,518
Apr 201604,19536.561.99$8,352
Mar 201604,61833.011.79$8,285
Feb 201604,41326.472.06$9,107
Jan 201604,53427.352.36$10,720
Dec 201504,72932.362.00$9,465
Nov 201503,90338.792.17$8,459
Oct 201503,94843.552.43$9,580
Sep 201503,74642.992.76$10,333
Aug 201504,12440.162.87$11,846
Jul 201504,46748.152.95$13,156
Jun 201504,33156.152.88$12,486
May 201504,35455.212.96$12,868
Apr 201504,36149.822.71$11,803
Mar 201504,82542.892.93$14,160
Feb 201504,27944.662.98$12,735
Jan 201504,73043.433.10$14,666
Dec 201404,90854.693.59$17,626
Nov 201404,78570.464.25$20,345
Oct 201405,08978.303.90$19,852
Sep 201404,86286.164.05$19,669
Aug 201405,02989.394.04$20,293
Jul 201405,26196.564.18$21,989
Jun 201405,18498.164.74$24,556
May 201405,47094.734.73$25,854
Apr 201405,10595.944.81$24,551
Mar 201405,44795.895.06$27,544
Feb 201404,98497.406.19$30,861
Jan 201405,58490.404.86$27,142
Dec 201305,61291.824.35$24,437
Nov 201305,75188.853.74$21,499
Oct 201305,80097.423.78$21,920
Sep 201305,621104.113.72$20,897
Aug 201307,843104.253.52$27,628
Jul 201307,899102.523.72$29,366
Jun 201307,49694.403.93$29,485
May 201307,77694.834.15$32,263
Apr 201307,62893.964.28$32,668
Mar 201307,72393.623.91$30,219
Feb 201307,44091.233.42$25,444
Jan 201306,05591.603.42$20,708
Dec 201206,54786.773.42$22,392
Nov 201206,47086.953.62$23,453
Oct 201206,82189.383.40$23,189
Sep 201206,64094.672.92$19,378
Aug 201206,99192.662.91$20,331
Jul 201207,29385.133.02$22,031
Jun 201207,19279.822.52$18,117
May 201207,40691.612.49$18,429
Apr 201207,451101.652.00$14,878
Mar 201207,823105.052.22$17,383
Feb 201207,588101.102.57$19,503
Jan 201208,21398.092.73$22,455
Dec 201108,23096.873.24$26,663
Nov 201107,55295.723.31$25,007
Oct 201108,15784.983.65$29,761
Sep 201107,71983.623.99$30,766
Aug 201107,64383.404.15$31,713
Jul 201107,48794.144.52$33,821
Jun 201107,44192.904.64$34,525
May 201106,51398.134.40$28,689
Apr 201107,712105.964.33$33,418
Mar 201108,66796.364.06$35,165
Feb 201107,17485.644.18$29,987
Jan 201108,49986.504.59$39,000
Dec 201008,47585.734.35$36,847
Nov 201008,43780.843.80$32,021
Oct 201008,62278.103.51$30,254
Sep 201008,58672.633.98$34,168
Aug 201008,54073.684.42$37,741
Jul 201008,62372.554.74$40,843
Jun 201008,27170.364.91$40,614
May 201006,23371.124.24$26,398
Apr 201005,23981.694.12$21,599
Mar 201005,57578.394.39$24,467
Feb 201005,43973.585.44$29,601
Jan 201006,57074.365.96$39,184
Dec 200906,78271.445.48$37,191
Nov 200906,97274.593.75$26,155
Oct 200907,72272.544.11$31,739
Sep 200907,53665.543.06$23,096
Aug 200907,24167.423.22$23,305
Jul 200907,33561.133.46$25,412
Jun 200907,27866.163.90$28,348
May 200906,85054.743.93$26,891
Apr 200907,18546.773.59$25,776
Mar 200908,06542.144.06$32,736
Feb 200905,65232.814.63$26,186
Jan 200906,28635.865.37$33,762
Dec 200807,73037.105.98$46,203
Nov 200807,01055.496.86$48,091
Oct 200807,57675.246.92$52,441
Sep 200808,013101.767.88$63,119
Aug 200808,133114.228.48$68,992
Jul 200818,569131.0811.39$97,727
Jun 2008010,540131.3313.03$137,364
May 200809,554123.1711.57$110,581
Apr 200808,435110.3110.45$88,187
Mar 200809,393101.909.66$90,775
Feb 200808,84392.538.77$77,558
Jan 200809,92990.388.21$81,475
Dec 2007010,12988.337.30$73,962
Nov 200709,68091.677.29$70,584
Oct 200706,04782.856.92$41,857
Sep 200704,56275.846.24$28,486
Aug 200705,87569.066.39$37,529
Jul 200705,63470.906.39$35,990
Jun 200704,69562.007.55$35,440
May 200701,80858.747.85$14,186
Apr 200701,27159.617.81$9,920
Mar 200701,23956.927.30$9,047
Feb 200701,23855.108.22$10,171
Jan 200701,89650.306.73$12,754
Dec 200601,98256.656.92$13,712
Nov 200601,16154.207.62$8,844
Oct 200601,22654.906.01$7,373
Sep 200601,21860.085.04$6,135
Aug 200601,20568.717.34$8,845
Jul 200601,22069.376.34$7,738
Jun 200601,60166.286.38$10,221
May 200601,39966.016.42$8,989
Apr 200601,28264.397.36$9,436
Mar 200601,25356.707.08$8,875
Feb 200601,89557.597.75$14,688
Jan 200602,70760.598.93$24,183
Dec 200503,82454.9413.42$51,300
Nov 200503,25054.6910.59$34,412
Oct 200501,73558.3413.80$23,936
Sep 200502,45261.4512.08$29,618
Aug 200503,00061.519.80$29,391
Jul 200502,53655.697.84$19,891
Jun 200502,79352.337.38$20,615
May 200502,46645.226.65$16,402
Apr 200503,12149.207.36$22,972
Mar 200503,25150.377.15$23,261
Feb 200503,20045.226.31$20,198
Jan 200503,23143.166.32$20,427
Dec 200403,06639.866.75$20,699
Nov 200403,55845.286.33$22,524
Oct 200404,15049.706.52$27,038
Sep 200405,21043.245.28$27,529
Aug 200407,56642.375.55$41,996
Jul 200406,72138.286.08$40,892
Jun 200409,35936.106.43$60,207
May 2004010,40737.486.49$67,589
Apr 2004011,19034.475.86$65,556
Mar 2004011,09634.365.53$61,362
Feb 200419,91432.455.51$54,655
Jan 200417,92232.036.30$49,938
Dec 200307,51530.266.30$47,357
Nov 200319,49728.804.60$43,669
Oct 200319,89828.174.76$47,139
Sep 2003111,49726.314.75$54,630
Aug 2003013,17729.765.13$67,594
Jul 2003011,61129.415.17$60,039
Jun 200307,26228.565.98$43,448
May 2003015,11826.595.97$90,295
Apr 2003013,77826.675.41$74,502
Mar 2003114,21431.146.10$86,680
Feb 2003110,62233.487.93$84,222
Jan 2003110,51930.315.58$58,748
Dec 200219,63226.914.85$46,778
Nov 2002010,41324.664.14$43,078
Oct 2002014,87326.464.23$62,900
Sep 2002012,41127.443.64$45,116
Aug 2002014,97725.963.16$47,390
Jul 2002118,31024.583.06$56,085
Jun 2002316,65123.733.34$55,656
May 200203,23424.663.58$11,591
Apr 200205,17023.653.51$18,159
Mar 200204,18722.003.10$12,991
Feb 200205,57918.222.38$13,254
Jan 200207,96917.172.38$18,932
Dec 200108,69016.932.36$20,547
Nov 200107,20918.072.41$17,341
Oct 200109,54019.782.53$24,126
Sep 200108,96824.262.25$20,190
Aug 2001011,06124.873.05$33,771
Jul 2001012,13923.933.20$38,809
Jun 200138,57824.563.82$32,877
May 2001012,76325.524.31$54,974
Apr 2001618,13924.685.34$96,925
Mar 20012816,53024.545.38$89,560
Feb 2001810,51527.755.77$60,863
Jan 2001514,75627.478.40$124,069
Dec 2000416,02926.889.12$146,332
Nov 2000017,16832.215.66$97,137
Oct 2000720,03631.235.15$103,314
Sep 2000719,36331.875.19$100,649
Aug 20001524,66229.644.54$112,429
Jul 2000028,16728.534.09$115,196
Jun 20002235,23729.304.40$155,591
May 20009434,87827.263.68$130,905
Apr 20001049,84624.513.12$33,229

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.

Jul 2020 — as filed, then multipliedworked
Condensate             0 bbl  × $ 38.37 =         $0
Gas                2,212 Mcf  × $  1.83 =     $4,037

────────────────────────────────────────────────────
Month total                                   $4,037

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/176837 is the state's own key, not one this site invented.