COLE TRUST "B"

Name: COLE TRUST "B" lease production and value, Oct 2000 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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 179322District 09Field 652802002 tax incentive programmesCondensateGasSave Export

Value, all time

$4.3 M

Oct 2000 – Aug 2020

Value, last 12 filed months

$4 k

at the published price for each month

Months reported

239

no gaps in the span

Streams

condensate, gas

The NEWARK, EAST (BARNETT SHALE) 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 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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	2001-01-18	142684
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	110 bbl	$3,163
Gas	Production	764,791 Mcf	$4,290,202
Total			$4,293,365

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 33.0271, -97.3648. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.02711, -97.36479 · 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

7,665 ft

1 wells filed one

Completion to plug

19.8 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 7,665 ft.

Completions filed

Oct 2000

1 of 1 wells

Plug dates filed

Aug 2020

1 of 1 wells

Last completion to plug: a median of 19.8 years across the 1 well that filed both dates, with the middle half between 19.8 years and 19.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-12130799	3	7,665 ft	Oct 2000	Aug 2020	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 (239)

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

239 months


Aug 2020	0	0	39.98	2.39	$0
Jul 2020	0	126	38.37	1.83	$230
Jun 2020	0	170	34.90	1.69	$287
May 2020	0	157	16.92	1.81	$285
Apr 2020	0	155	14.75	1.80	$280
Mar 2020	0	174	30.34	1.86	$323
Feb 2020	0	181	49.88	1.98	$359
Jan 2020	0	191	57.25	2.09	$400
Dec 2019	0	187	59.01	2.30	$431
Nov 2019	0	187	55.30	2.75	$514
Oct 2019	0	186	53.47	2.42	$450
Sep 2019	0	179	55.05	2.66	$476
Aug 2019	0	190	53.11	2.30	$438
Jul 2019	0	189	56.27	2.46	$465
Jun 2019	0	201	52.78	2.49	$501
May 2019	0	226	58.48	2.74	$619
Apr 2019	0	225	62.63	2.75	$619
Mar 2019	0	189	56.80	3.06	$579
Feb 2019	0	152	50.85	2.79	$424
Jan 2019	0	162	46.03	3.23	$523
Dec 2018	0	205	46.59	4.19	$858
Nov 2018	0	194	52.93	4.24	$822
Oct 2018	0	233	61.44	3.40	$792
Sep 2018	0	234	59.54	3.11	$727
Aug 2018	0	231	59.40	3.07	$708
Jul 2018	0	253	65.14	2.93	$742
Jun 2018	0	238	60.18	3.08	$732
May 2018	0	282	65.38	2.90	$818
Apr 2018	0	262	63.84	2.90	$760
Mar 2018	0	232	61.22	2.79	$647
Feb 2018	0	242	61.78	2.77	$669
Jan 2018	0	190	62.87	4.01	$762
Dec 2017	0	176	57.27	2.92	$514
Nov 2017	0	169	55.42	3.12	$527
Oct 2017	0	216	49.29	2.98	$644
Sep 2017	0	252	47.52	3.09	$778
Aug 2017	0	244	45.37	3.00	$733
Jul 2017	0	270	43.87	3.09	$834
Jun 2017	0	316	42.49	3.09	$976
May 2017	0	229	45.37	3.26	$747
Apr 2017	0	163	47.93	3.21	$523
Mar 2017	0	178	46.77	2.98	$531
Feb 2017	0	209	50.45	2.95	$617
Jan 2017	0	183	49.41	3.42	$626
Dec 2016	0	220	48.76	3.72	$819
Nov 2016	0	168	42.49	2.64	$444
Oct 2016	0	223	46.19	3.09	$689
Sep 2016	0	217	41.55	3.10	$673
Aug 2016	0	239	41.44	2.92	$699
Jul 2016	0	249	41.62	2.92	$728
Jun 2016	0	239	45.35	2.69	$642
May 2016	0	245	42.52	1.99	$488
Apr 2016	0	238	36.56	1.99	$474
Mar 2016	0	224	33.01	1.79	$402
Feb 2016	0	132	26.47	2.06	$272
Jan 2016	0	131	27.35	2.36	$310
Dec 2015	0	150	32.36	2.00	$300
Nov 2015	0	175	38.79	2.17	$379
Oct 2015	0	306	43.55	2.43	$743
Sep 2015	0	317	42.99	2.76	$874
Aug 2015	0	335	40.16	2.87	$962
Jul 2015	0	350	48.15	2.95	$1,031
Jun 2015	0	342	56.15	2.88	$986
May 2015	0	345	55.21	2.96	$1,020
Apr 2015	0	340	49.82	2.71	$920
Mar 2015	0	354	42.89	2.93	$1,039
Feb 2015	0	332	44.66	2.98	$988
Jan 2015	0	386	43.43	3.10	$1,197
Dec 2014	0	393	54.69	3.59	$1,411
Nov 2014	0	414	70.46	4.25	$1,760
Oct 2014	0	405	78.30	3.90	$1,580
Sep 2014	0	387	86.16	4.05	$1,566
Aug 2014	0	413	89.39	4.04	$1,667
Jul 2014	0	413	96.56	4.18	$1,726
Jun 2014	0	413	98.16	4.74	$1,956
May 2014	0	402	94.73	4.73	$1,900
Apr 2014	0	381	95.94	4.81	$1,832
Mar 2014	0	425	95.89	5.06	$2,149
Feb 2014	0	436	97.40	6.19	$2,700
Jan 2014	0	587	90.40	4.86	$2,853
Dec 2013	0	800	91.82	4.35	$3,484
Nov 2013	0	564	88.85	3.74	$2,108
Oct 2013	0	557	97.42	3.78	$2,105
Sep 2013	0	680	104.11	3.72	$2,528
Aug 2013	0	1,041	104.25	3.52	$3,667
Jul 2013	0	1,220	102.52	3.72	$4,536
Jun 2013	0	1,292	94.40	3.93	$5,082
May 2013	0	1,382	94.83	4.15	$5,734
Apr 2013	0	1,240	93.96	4.28	$5,310
Mar 2013	0	1,087	93.62	3.91	$4,253
Feb 2013	0	854	91.23	3.42	$2,921
Jan 2013	0	600	91.60	3.42	$2,052
Dec 2012	0	839	86.77	3.42	$2,870
Nov 2012	0	1,065	86.95	3.62	$3,861
Oct 2012	0	891	89.38	3.40	$3,029
Sep 2012	0	848	94.67	2.92	$2,475
Aug 2012	0	855	92.66	2.91	$2,486
Jul 2012	0	844	85.13	3.02	$2,550
Jun 2012	0	802	79.82	2.52	$2,020
May 2012	0	803	91.61	2.49	$1,998
Apr 2012	0	814	101.65	2.00	$1,625
Mar 2012	0	908	105.05	2.22	$2,018
Feb 2012	0	924	101.10	2.57	$2,375
Jan 2012	0	902	98.09	2.73	$2,466
Dec 2011	0	896	96.87	3.24	$2,903
Nov 2011	0	833	95.72	3.31	$2,758
Oct 2011	0	887	84.98	3.65	$3,236
Sep 2011	0	906	83.62	3.99	$3,611
Aug 2011	0	832	83.40	4.15	$3,452
Jul 2011	0	904	94.14	4.52	$4,084
Jun 2011	0	907	92.90	4.64	$4,208
May 2011	0	945	98.13	4.40	$4,163
Apr 2011	0	980	105.96	4.33	$4,247
Mar 2011	0	1,177	96.36	4.06	$4,775
Feb 2011	0	1,140	85.64	4.18	$4,765
Jan 2011	0	1,323	86.50	4.59	$6,071
Dec 2010	0	1,412	85.73	4.35	$6,139
Nov 2010	0	1,522	80.84	3.80	$5,776
Oct 2010	0	1,841	78.10	3.51	$6,460
Sep 2010	0	1,769	72.63	3.98	$7,040
Aug 2010	0	2,010	73.68	4.42	$8,883
Jul 2010	0	2,037	72.55	4.74	$9,648
Jun 2010	0	2,183	70.36	4.91	$10,719
May 2010	0	1,737	71.12	4.24	$7,357
Apr 2010	0	1,608	81.69	4.12	$6,629
Mar 2010	0	1,919	78.39	4.39	$8,422
Feb 2010	0	1,755	73.58	5.44	$9,551
Jan 2010	0	2,196	74.36	5.96	$13,097
Dec 2009	0	2,810	71.44	5.48	$15,409
Nov 2009	0	0	74.59	3.75	$0
Oct 2009	0	0	72.54	4.11	$0
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	0	1,682	67.42	3.22	$5,414
Jul 2009	0	2,350	61.13	3.46	$8,142
Jun 2009	0	2,426	66.16	3.90	$9,449
May 2009	0	2,641	54.74	3.93	$10,368
Apr 2009	0	2,811	46.77	3.59	$10,084
Mar 2009	0	2,778	42.14	4.06	$11,276
Feb 2009	0	2,061	32.81	4.63	$9,549
Jan 2009	0	2,400	35.86	5.37	$12,890
Dec 2008	0	3,091	37.10	5.98	$18,475
Nov 2008	0	2,823	55.49	6.86	$19,367
Oct 2008	0	3,367	75.24	6.92	$23,306
Sep 2008	0	3,700	101.76	7.88	$29,145
Aug 2008	0	3,958	114.22	8.48	$33,576
Jul 2008	0	4,648	131.08	11.39	$52,938
Jun 2008	0	5,587	131.33	13.03	$72,813
May 2008	0	3,057	123.17	11.57	$35,383
Apr 2008	0	3,623	110.31	10.45	$37,878
Mar 2008	0	3,695	101.90	9.66	$35,709
Feb 2008	0	3,520	92.53	8.77	$30,872
Jan 2008	0	3,701	90.38	8.21	$30,369
Dec 2007	0	3,960	88.33	7.30	$28,916
Nov 2007	0	3,739	91.67	7.29	$27,264
Oct 2007	0	4,436	82.85	6.92	$30,706
Sep 2007	0	2,966	75.84	6.24	$18,520
Aug 2007	0	3,454	69.06	6.39	$22,064
Jul 2007	0	3,158	70.90	6.39	$20,173
Jun 2007	0	3,116	62.00	7.55	$23,521
May 2007	0	3,272	58.74	7.85	$25,673
Apr 2007	0	3,072	59.61	7.81	$23,978
Mar 2007	0	3,269	56.92	7.30	$23,870
Feb 2007	0	2,816	55.10	8.22	$23,136
Jan 2007	0	3,524	50.30	6.73	$23,705
Dec 2006	0	3,734	56.65	6.92	$25,833
Nov 2006	0	3,219	54.20	7.62	$24,521
Oct 2006	0	3,534	54.90	6.01	$21,253
Sep 2006	0	3,180	60.08	5.04	$16,018
Aug 2006	0	3,529	68.71	7.34	$25,903
Jul 2006	0	3,197	69.37	6.34	$20,278
Jun 2006	0	3,523	66.28	6.38	$22,490
May 2006	0	3,132	66.01	6.42	$20,123
Apr 2006	0	3,194	64.39	7.36	$23,509
Mar 2006	0	3,815	56.70	7.08	$27,021
Feb 2006	0	4,197	57.59	7.75	$32,531
Jan 2006	0	4,841	60.59	8.93	$43,246
Dec 2005	0	4,773	54.94	13.42	$64,032
Nov 2005	0	5,216	54.69	10.59	$55,229
Oct 2005	0	2,981	58.34	13.80	$41,125
Sep 2005	0	4,255	61.45	12.08	$51,396
Aug 2005	0	4,218	61.51	9.80	$41,323
Jul 2005	0	4,676	55.69	7.84	$36,677
Jun 2005	0	4,909	52.33	7.38	$36,234
May 2005	0	3,498	45.22	6.65	$23,266
Apr 2005	0	4,594	49.20	7.36	$33,814
Mar 2005	0	5,657	50.37	7.15	$40,475
Feb 2005	0	4,617	45.22	6.31	$29,142
Jan 2005	0	4,866	43.16	6.32	$30,764
Dec 2004	0	5,025	39.86	6.75	$33,924
Nov 2004	0	4,886	45.28	6.33	$30,930
Oct 2004	0	4,795	49.70	6.52	$31,240
Sep 2004	0	5,156	43.24	5.28	$27,244
Aug 2004	0	5,821	42.37	5.55	$32,310
Jul 2004	0	5,894	38.28	6.08	$35,860
Jun 2004	0	5,721	36.10	6.43	$36,803
May 2004	0	5,169	37.48	6.49	$33,570
Apr 2004	0	6,429	34.47	5.86	$37,664
Mar 2004	0	6,757	34.36	5.53	$37,367
Feb 2004	1	6,523	32.45	5.51	$35,972
Jan 2004	0	3,537	32.03	6.30	$22,282
Dec 2003	0	4,683	30.26	6.30	$29,511
Nov 2003	0	5,254	28.80	4.60	$24,143
Oct 2003	2	3,764	28.17	4.76	$17,972
Sep 2003	1	4,277	26.31	4.75	$20,339
Aug 2003	0	5,742	29.76	5.13	$29,455
Jul 2003	0	5,659	29.41	5.17	$29,262
Jun 2003	0	5,320	28.56	5.98	$31,829
May 2003	0	9,628	26.59	5.97	$57,505
Apr 2003	1	9,904	26.67	5.41	$53,580
Mar 2003	1	10,399	31.14	6.10	$63,424
Feb 2003	1	8,131	33.48	7.93	$64,479
Jan 2003	0	6,038	30.31	5.58	$33,704
Dec 2002	0	6,976	26.91	4.85	$33,860
Nov 2002	1	6,033	24.66	4.14	$24,983
Oct 2002	0	6,793	26.46	4.23	$28,728
Sep 2002	0	6,056	27.44	3.64	$22,015
Aug 2002	0	6,137	25.96	3.16	$19,418
Jul 2002	0	8,388	24.58	3.06	$25,682
Jun 2002	0	8,974	23.73	3.34	$29,957
May 2002	0	7,845	24.66	3.58	$28,116
Apr 2002	0	8,346	23.65	3.51	$29,314
Mar 2002	0	8,191	22.00	3.10	$25,414
Feb 2002	0	8,440	18.22	2.38	$20,051
Jan 2002	0	9,822	17.17	2.38	$23,334
Dec 2001	0	11,464	16.93	2.36	$27,105
Nov 2001	4	9,183	18.07	2.41	$22,162
Oct 2001	0	12,661	19.78	2.53	$32,018
Sep 2001	0	13,248	24.26	2.25	$29,825
Aug 2001	0	15,594	24.87	3.05	$47,611
Jul 2001	0	18,619	23.93	3.20	$59,526
Jun 2001	0	13,606	24.56	3.82	$52,032
May 2001	0	16,978	25.52	4.31	$73,130
Apr 2001	0	17,882	24.68	5.34	$95,406
Mar 2001	14	18,609	24.54	5.38	$100,394
Feb 2001	8	17,732	27.75	5.77	$102,484
Jan 2001	10	22,247	27.47	8.40	$187,122
Dec 2000	18	25,685	26.88	9.12	$234,795
Nov 2000	37	26,812	32.21	5.66	$152,894
Oct 2000	11	7,407	31.23	5.15	$38,456

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                  126 Mcf  × $  1.83 =       $230

────────────────────────────────────────────────────
Month total                                     $230

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/179322 is the state's own key, not one this site invented.