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 178120District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.3 M
Jul 2000 – Aug 2020
Value, last 12 filed months
$51 k
at the published price for each month
Months reported
242
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 Gas112000-09-20142258
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
CondensateDisposition121 bbl$3,619
GasProduction1,446,209 Mcf$7,342,425
Total$7,346,044

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 33.0238, -97.3686. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.02377, -97.36864 · 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
7,660 ft
1 wells filed one
Completion to plug
20.1 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 7,660 ft.

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

Last completion to plug: a median of 20.1 years across the 1 well that filed both dates, with the middle half between 20.1 years and 20.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1213077827,660 ftJul 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 (242)

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

242 months

Aug 20200039.982.39$0
Jul 202001,74138.371.83$3,178
Jun 202002,37334.901.69$4,011
May 202002,49816.921.81$4,533
Apr 202002,24714.751.80$4,054
Mar 202001,89530.341.86$3,518
Feb 202001,62049.881.98$3,209
Jan 202002,24257.252.09$4,696
Dec 201902,36359.012.30$5,445
Nov 201902,38155.302.75$6,549
Oct 201902,45653.472.42$5,940
Sep 201902,31255.052.66$6,144
Aug 201902,38153.112.30$5,487
Jul 201902,45756.272.46$6,044
Jun 201902,08952.782.49$5,204
May 201902,16658.482.74$5,936
Apr 201902,36762.632.75$6,511
Mar 201902,56756.803.06$7,860
Feb 201902,15850.852.79$6,026
Jan 201902,29346.033.23$7,402
Dec 201802,35246.594.19$9,844
Nov 201801,92352.934.24$8,148
Oct 201802,21261.443.40$7,517
Sep 201802,46159.543.11$7,649
Aug 201802,60259.403.07$7,979
Jul 201802,62365.142.93$7,690
Jun 201802,14060.183.08$6,585
May 201802,79865.382.90$8,116
Apr 201802,67063.842.90$7,745
Mar 201802,83261.222.79$7,892
Feb 201802,54261.782.77$7,031
Jan 201803,03962.874.01$12,184
Dec 201703,02157.272.92$8,826
Nov 201702,98255.423.12$9,299
Oct 201703,13249.292.98$9,345
Sep 201703,08247.523.09$9,515
Aug 201703,21845.373.00$9,668
Jul 201703,25743.873.09$10,055
Jun 201702,94942.493.09$9,104
May 201702,99845.373.26$9,784
Apr 201702,86647.933.21$9,204
Mar 201703,01346.772.98$8,990
Feb 201703,03050.452.95$8,946
Jan 201703,27349.413.42$11,190
Dec 201603,31748.763.72$12,349
Nov 201603,23642.492.64$8,557
Oct 201603,23946.193.09$10,009
Sep 201603,17941.553.10$9,857
Aug 201603,48941.442.92$10,203
Jul 201603,58641.622.92$10,487
Jun 201603,46245.352.69$9,298
May 201603,41242.521.99$6,793
Apr 201603,24336.561.99$6,457
Mar 201603,50733.011.79$6,292
Feb 201603,43326.472.06$7,084
Jan 201603,79927.352.36$8,982
Dec 201503,96832.362.00$7,942
Nov 201503,83838.792.17$8,318
Oct 201503,95443.552.43$9,595
Sep 201503,79042.992.76$10,454
Aug 201503,96740.162.87$11,395
Jul 201503,96148.152.95$11,665
Jun 201503,75956.152.88$10,837
May 201503,98555.212.96$11,777
Apr 201503,75049.822.71$10,150
Mar 201503,93342.892.93$11,542
Feb 201503,71644.662.98$11,060
Jan 201504,17143.433.10$12,933
Dec 201403,85654.693.59$13,848
Nov 201403,81370.464.25$16,212
Oct 201404,07678.303.90$15,900
Sep 201403,95786.164.05$16,008
Aug 201404,12089.394.04$16,625
Jul 201404,38796.564.18$18,336
Jun 201404,32298.164.74$20,473
May 201404,41494.734.73$20,863
Apr 201404,16695.944.81$20,035
Mar 201404,44895.895.06$22,493
Feb 201403,99297.406.19$24,718
Jan 201404,46990.404.86$21,723
Dec 201304,46991.824.35$19,460
Nov 201304,53188.853.74$16,938
Oct 201304,36597.423.78$16,497
Sep 201304,345104.113.72$16,154
Aug 201306,063104.253.52$21,358
Jul 201306,216102.523.72$23,109
Jun 201304,73494.403.93$18,621
May 201305,48794.834.15$22,766
Apr 201305,63693.964.28$24,137
Mar 201305,78393.623.91$22,628
Feb 201305,34091.233.42$18,262
Jan 201304,07791.603.42$13,943
Dec 201204,39286.773.42$15,021
Nov 201204,28686.953.62$15,537
Oct 201204,59489.383.40$15,618
Sep 201204,35194.672.92$12,698
Aug 201204,51392.662.91$13,125
Jul 201204,88285.133.02$14,748
Jun 201204,49879.822.52$11,331
May 201204,72991.612.49$11,767
Apr 201204,743101.652.00$9,471
Mar 201204,869105.052.22$10,819
Feb 201204,883101.102.57$12,550
Jan 201205,06598.092.73$13,848
Dec 201105,21396.873.24$16,889
Nov 201104,79095.723.31$15,861
Oct 201105,31784.983.65$19,399
Sep 201105,26783.623.99$20,993
Aug 201104,94883.404.15$20,531
Jul 201104,86394.144.52$21,967
Jun 201104,74092.904.64$21,993
May 201104,81798.134.40$21,218
Apr 201105,342105.964.33$23,148
Mar 201105,88296.364.06$23,865
Feb 201105,55385.644.18$23,211
Jan 201105,87286.504.59$26,945
Dec 201005,98085.734.35$26,000
Nov 201005,99980.843.80$22,768
Oct 201006,56078.103.51$23,018
Sep 201006,01472.633.98$23,933
Aug 201005,59273.684.42$24,713
Jul 201006,35572.554.74$30,100
Jun 201008,42870.364.91$41,385
May 201005,53971.124.24$23,459
Apr 201005,69281.694.12$23,466
Mar 201005,80778.394.39$25,485
Feb 201005,02273.585.44$27,332
Jan 201005,66774.365.96$33,799
Dec 200906,14671.445.48$33,703
Nov 200906,12074.593.75$22,959
Oct 200906,69372.544.11$27,510
Sep 200906,42165.543.06$19,679
Aug 200906,14567.423.22$19,778
Jul 200906,56061.133.46$22,727
Jun 200906,17566.163.90$24,052
May 200906,30954.743.93$24,768
Apr 200906,69046.773.59$24,000
Mar 200907,12442.144.06$28,916
Feb 200906,69632.814.63$31,023
Jan 200907,64235.865.37$41,045
Dec 200808,17037.105.98$48,833
Nov 200808,00155.496.86$54,890
Oct 200809,58675.246.92$66,354
Sep 200808,774101.767.88$69,114
Aug 2008010,477114.228.48$88,877
Jul 2008013,001131.0811.39$148,074
Jun 2008018,459131.3313.03$240,569
May 200806,823123.1711.57$78,971
Apr 200805,778110.3110.45$60,408
Mar 200805,099101.909.66$49,277
Feb 200804,97192.538.77$43,599
Jan 200805,07790.388.21$41,660
Dec 200705,00288.337.30$36,524
Nov 200704,83591.677.29$35,255
Oct 200705,03082.856.92$34,818
Sep 200704,81875.846.24$30,084
Aug 200705,05369.066.39$32,278
Jul 200704,80570.906.39$30,694
Jun 200704,61262.007.55$34,813
May 200705,22758.747.85$41,013
Apr 200705,43859.617.81$42,445
Mar 200715,43256.927.30$39,721
Feb 200705,12755.108.22$42,123
Jan 200715,31250.306.73$35,783
Dec 200605,22556.656.92$36,149
Nov 200605,24454.207.62$39,946
Oct 200606,38254.906.01$38,380
Sep 200606,82160.085.04$34,359
Aug 200607,14368.717.34$52,429
Jul 200607,34169.376.34$46,562
Jun 200607,42966.286.38$47,426
May 200608,24266.016.42$52,955
Apr 200606,71764.397.36$49,440
Mar 200603,86456.707.08$27,368
Feb 200604,97657.597.75$38,570
Jan 200605,56360.598.93$49,696
Dec 200505,54954.9413.42$74,442
Nov 200505,80854.6910.59$61,497
Oct 200503,28558.3413.80$45,319
Sep 200505,35761.4512.08$64,707
Aug 200506,13961.519.80$60,143
Jul 200505,88455.697.84$46,152
Jun 200506,30252.337.38$46,515
May 200503,98345.226.65$26,492
Apr 200505,58749.207.36$41,123
Mar 200506,33550.377.15$45,326
Feb 200505,55845.226.31$35,082
Jan 200505,93743.166.32$37,535
Dec 200406,26739.866.75$42,309
Nov 200405,92445.286.33$37,501
Oct 200406,77349.706.52$44,127
Sep 200406,25943.245.28$33,072
Aug 200407,96142.375.55$44,189
Jul 200407,88338.286.08$47,962
Jun 200407,67836.106.43$49,393
May 200407,81837.486.49$50,775
Apr 200407,81434.475.86$45,778
Mar 200407,91134.365.53$43,749
Feb 200427,66632.455.51$42,302
Jan 200406,68432.036.30$42,107
Dec 200304,58730.266.30$28,906
Nov 200304,83128.804.60$22,199
Oct 2003038328.174.76$1,823
Sep 200305,05426.314.75$24,003
Aug 200305,54729.765.13$28,455
Jul 200305,89429.415.17$30,477
Jun 200306,42428.565.98$38,435
May 200307,50526.595.97$44,825
Apr 200308,84026.675.41$47,800
Mar 2003111,45531.146.10$69,861
Feb 200305,38833.487.93$42,705
Jan 200306,54830.315.58$36,551
Dec 200207,17026.914.85$34,801
Nov 200206,81424.664.14$28,189
Oct 200207,80026.464.23$32,987
Sep 200206,86427.443.64$24,952
Aug 200208,30125.963.16$26,266
Jul 200209,70224.583.06$29,705
Jun 2002010,15123.733.34$33,886
May 200209,92324.663.58$35,564
Apr 200209,56223.653.51$33,585
Mar 200229,15522.003.10$28,449
Feb 200209,38718.222.38$22,301
Jan 2002011,35617.172.38$26,978
Dec 2001013,33316.932.36$31,525
Nov 200109,89218.072.41$23,795
Oct 2001011,73419.782.53$29,674
Sep 2001011,81124.262.25$26,590
Aug 2001014,14924.873.05$43,199
Jul 2001013,95323.933.20$44,609
Jun 2001012,84824.563.82$49,133
May 2001015,47725.524.31$66,664
Apr 2001013,96024.685.34$74,481
Mar 2001716,49424.545.38$88,851
Feb 2001015,17027.755.77$87,487
Jan 2001517,79327.478.40$149,576
Dec 2000419,99026.889.12$182,466
Nov 2000321,08132.215.66$119,373
Oct 20001723,23531.235.15$120,087
Sep 2000729,62031.875.19$153,847
Aug 20007132,33229.644.54$148,916
Jul 200004,31428.534.09$17,643

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                1,741 Mcf  × $  1.83 =     $3,178

────────────────────────────────────────────────────
Month total                                   $3,178

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/178120 is the state's own key, not one this site invented.