COLE TRUST "B"

Name: COLE TRUST "B" lease production and value, Mar 2001 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 182212District 09Field 652802002 tax incentive programmesCondensateGasSave Export

Value, all time

$3.1 M

Mar 2001 – Aug 2020

Value, last 12 filed months

$33 k

at the published price for each month

Months reported

234

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	2001-06-28	143825
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	66 bbl	$1,598
Gas	Production	669,120 Mcf	$3,140,095
Total			$3,141,693

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 33.0340, -97.3674. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.03403, -97.36736 · 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

7,660 ft

1 wells filed one

Completion to plug

19.4 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

Mar 2001

1 of 1 wells

Plug dates filed

Aug 2020

1 of 1 wells

Last completion to plug: a median of 19.4 years across the 1 well that filed both dates, with the middle half between 19.4 years and 19.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-12130800	4	7,660 ft	Mar 2001	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 (234)

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

234 months


Aug 2020	0	0	39.98	2.39	$0
Jul 2020	0	854	38.37	1.83	$1,559
Jun 2020	0	1,291	34.90	1.69	$2,182
May 2020	0	1,467	16.92	1.81	$2,662
Apr 2020	0	1,442	14.75	1.80	$2,602
Mar 2020	0	1,473	30.34	1.86	$2,734
Feb 2020	0	1,413	49.88	1.98	$2,799
Jan 2020	0	1,479	57.25	2.09	$3,098
Dec 2019	0	1,469	59.01	2.30	$3,385
Nov 2019	0	1,459	55.30	2.75	$4,013
Oct 2019	0	1,486	53.47	2.42	$3,594
Sep 2019	0	1,459	55.05	2.66	$3,877
Aug 2019	0	1,470	53.11	2.30	$3,387
Jul 2019	0	1,504	56.27	2.46	$3,700
Jun 2019	0	1,426	52.78	2.49	$3,552
May 2019	0	1,400	58.48	2.74	$3,836
Apr 2019	0	1,419	62.63	2.75	$3,903
Mar 2019	0	1,390	56.80	3.06	$4,256
Feb 2019	0	1,340	50.85	2.79	$3,742
Jan 2019	0	1,413	46.03	3.23	$4,561
Dec 2018	0	1,420	46.59	4.19	$5,943
Nov 2018	0	1,276	52.93	4.24	$5,407
Oct 2018	0	1,500	61.44	3.40	$5,097
Sep 2018	0	1,441	59.54	3.11	$4,479
Aug 2018	0	1,685	59.40	3.07	$5,167
Jul 2018	0	1,865	65.14	2.93	$5,468
Jun 2018	0	1,801	60.18	3.08	$5,542
May 2018	0	1,970	65.38	2.90	$5,715
Apr 2018	0	1,786	63.84	2.90	$5,181
Mar 2018	0	1,976	61.22	2.79	$5,507
Feb 2018	0	1,721	61.78	2.77	$4,760
Jan 2018	0	1,916	62.87	4.01	$7,682
Dec 2017	0	1,828	57.27	2.92	$5,341
Nov 2017	0	1,819	55.42	3.12	$5,672
Oct 2017	0	1,935	49.29	2.98	$5,773
Sep 2017	0	1,893	47.52	3.09	$5,844
Aug 2017	0	2,028	45.37	3.00	$6,093
Jul 2017	0	2,032	43.87	3.09	$6,273
Jun 2017	0	1,891	42.49	3.09	$5,838
May 2017	0	1,972	45.37	3.26	$6,435
Apr 2017	0	904	47.93	3.21	$2,903
Mar 2017	0	418	46.77	2.98	$1,247
Feb 2017	0	721	50.45	2.95	$2,129
Jan 2017	0	860	49.41	3.42	$2,940
Dec 2016	0	968	48.76	3.72	$3,604
Nov 2016	0	1,152	42.49	2.64	$3,046
Oct 2016	0	1,370	46.19	3.09	$4,234
Sep 2016	0	1,560	41.55	3.10	$4,837
Aug 2016	0	1,861	41.44	2.92	$5,442
Jul 2016	0	1,864	41.62	2.92	$5,451
Jun 2016	0	1,872	45.35	2.69	$5,028
May 2016	0	1,820	42.52	1.99	$3,624
Apr 2016	0	1,995	36.56	1.99	$3,972
Mar 2016	0	1,801	33.01	1.79	$3,231
Feb 2016	0	1,684	26.47	2.06	$3,475
Jan 2016	0	1,924	27.35	2.36	$4,549
Dec 2015	0	1,748	32.36	2.00	$3,498
Nov 2015	0	1,747	38.79	2.17	$3,786
Oct 2015	0	1,866	43.55	2.43	$4,528
Sep 2015	0	2,023	42.99	2.76	$5,580
Aug 2015	0	2,098	40.16	2.87	$6,026
Jul 2015	0	1,994	48.15	2.95	$5,872
Jun 2015	0	1,947	56.15	2.88	$5,613
May 2015	0	2,106	55.21	2.96	$6,224
Apr 2015	0	1,822	49.82	2.71	$4,931
Mar 2015	0	2,040	42.89	2.93	$5,987
Feb 2015	0	1,878	44.66	2.98	$5,589
Jan 2015	0	2,042	43.43	3.10	$6,331
Dec 2014	0	1,977	54.69	3.59	$7,100
Nov 2014	0	1,974	70.46	4.25	$8,393
Oct 2014	0	2,122	78.30	3.90	$8,278
Sep 2014	0	2,024	86.16	4.05	$8,188
Aug 2014	0	2,034	89.39	4.04	$8,207
Jul 2014	0	2,180	96.56	4.18	$9,112
Jun 2014	0	2,064	98.16	4.74	$9,777
May 2014	0	2,184	94.73	4.73	$10,323
Apr 2014	0	2,036	95.94	4.81	$9,791
Mar 2014	0	2,193	95.89	5.06	$11,090
Feb 2014	0	1,985	97.40	6.19	$12,291
Jan 2014	0	2,159	90.40	4.86	$10,494
Dec 2013	0	2,116	91.82	4.35	$9,214
Nov 2013	0	2,080	88.85	3.74	$7,776
Oct 2013	0	2,080	97.42	3.78	$7,861
Sep 2013	0	2,122	104.11	3.72	$7,889
Aug 2013	0	2,830	104.25	3.52	$9,969
Jul 2013	0	2,831	102.52	3.72	$10,525
Jun 2013	0	2,639	94.40	3.93	$10,380
May 2013	0	2,684	94.83	4.15	$11,136
Apr 2013	0	2,818	93.96	4.28	$12,068
Mar 2013	0	3,376	93.62	3.91	$13,210
Feb 2013	0	3,133	91.23	3.42	$10,715
Jan 2013	0	2,398	91.60	3.42	$8,201
Dec 2012	0	2,322	86.77	3.42	$7,942
Nov 2012	0	2,320	86.95	3.62	$8,410
Oct 2012	0	2,561	89.38	3.40	$8,707
Sep 2012	0	2,515	94.67	2.92	$7,340
Aug 2012	0	2,596	92.66	2.91	$7,550
Jul 2012	0	2,622	85.13	3.02	$7,921
Jun 2012	0	2,579	79.82	2.52	$6,497
May 2012	0	2,826	91.61	2.49	$7,032
Apr 2012	0	3,005	101.65	2.00	$6,000
Mar 2012	0	3,129	105.05	2.22	$6,953
Feb 2012	0	2,968	101.10	2.57	$7,628
Jan 2012	0	3,578	98.09	2.73	$9,783
Dec 2011	0	4,081	96.87	3.24	$13,221
Nov 2011	0	5,268	95.72	3.31	$17,444
Oct 2011	0	3,249	84.98	3.65	$11,854
Sep 2011	0	1,336	83.62	3.99	$5,325
Aug 2011	0	1,598	83.40	4.15	$6,631
Jul 2011	0	1,476	94.14	4.52	$6,667
Jun 2011	0	1,583	92.90	4.64	$7,345
May 2011	0	1,598	98.13	4.40	$7,039
Apr 2011	0	1,657	105.96	4.33	$7,180
Mar 2011	0	1,675	96.36	4.06	$6,796
Feb 2011	0	1,651	85.64	4.18	$6,901
Jan 2011	0	1,572	86.50	4.59	$7,214
Dec 2010	0	1,532	85.73	4.35	$6,661
Nov 2010	0	1,586	80.84	3.80	$6,019
Oct 2010	0	1,604	78.10	3.51	$5,628
Sep 2010	0	1,489	72.63	3.98	$5,925
Aug 2010	0	1,483	73.68	4.42	$6,554
Jul 2010	0	1,435	72.55	4.74	$6,797
Jun 2010	0	1,490	70.36	4.91	$7,317
May 2010	0	1,305	71.12	4.24	$5,527
Apr 2010	0	2,142	81.69	4.12	$8,831
Mar 2010	0	2,246	78.39	4.39	$9,857
Feb 2010	0	1,941	73.58	5.44	$10,564
Jan 2010	0	2,170	74.36	5.96	$12,942
Dec 2009	0	2,150	71.44	5.48	$11,790
Nov 2009	0	2,157	74.59	3.75	$8,092
Oct 2009	0	2,261	72.54	4.11	$9,293
Sep 2009	0	2,227	65.54	3.06	$6,825
Aug 2009	0	2,080	67.42	3.22	$6,694
Jul 2009	0	1,974	61.13	3.46	$6,839
Jun 2009	0	2,362	66.16	3.90	$9,200
May 2009	0	2,365	54.74	3.93	$9,284
Apr 2009	0	2,183	46.77	3.59	$7,832
Mar 2009	0	2,441	42.14	4.06	$9,908
Feb 2009	0	4,408	32.81	4.63	$20,422
Jan 2009	0	4,312	35.86	5.37	$23,160
Dec 2008	0	3,532	37.10	5.98	$21,111
Nov 2008	0	3,192	55.49	6.86	$21,898
Oct 2008	0	3,230	75.24	6.92	$22,358
Sep 2008	0	2,192	101.76	7.88	$17,267
Aug 2008	0	2,731	114.22	8.48	$23,167
Jul 2008	0	2,744	131.08	11.39	$31,253
Jun 2008	0	2,548	131.33	13.03	$33,207
May 2008	0	2,980	123.17	11.57	$34,491
Apr 2008	0	3,137	110.31	10.45	$32,797
Mar 2008	0	2,836	101.90	9.66	$27,407
Feb 2008	0	2,658	92.53	8.77	$23,312
Jan 2008	0	3,238	90.38	8.21	$26,570
Dec 2007	0	3,049	88.33	7.30	$22,264
Nov 2007	0	3,088	91.67	7.29	$22,517
Oct 2007	0	4,246	82.85	6.92	$29,391
Sep 2007	0	3,569	75.84	6.24	$22,285
Aug 2007	0	4,078	69.06	6.39	$26,050
Jul 2007	0	4,442	70.90	6.39	$28,375
Jun 2007	0	4,416	62.00	7.55	$33,334
May 2007	0	2,260	58.74	7.85	$17,733
Apr 2007	0	2,149	59.61	7.81	$16,773
Mar 2007	0	3,100	56.92	7.30	$22,636
Feb 2007	0	2,843	55.10	8.22	$23,358
Jan 2007	0	3,287	50.30	6.73	$22,111
Dec 2006	0	2,318	56.65	6.92	$16,037
Nov 2006	0	2,830	54.20	7.62	$21,557
Oct 2006	0	2,898	54.90	6.01	$17,428
Sep 2006	0	2,776	60.08	5.04	$13,983
Aug 2006	0	1,537	68.71	7.34	$11,281
Jul 2006	0	1,740	69.37	6.34	$11,036
Jun 2006	0	2,058	66.28	6.38	$13,138
May 2006	0	2,977	66.01	6.42	$19,127
Apr 2006	0	1,599	64.39	7.36	$11,769
Mar 2006	0	1,782	56.70	7.08	$12,622
Feb 2006	0	1,922	57.59	7.75	$14,898
Jan 2006	0	2,151	60.59	8.93	$19,216
Dec 2005	0	2,333	54.94	13.42	$31,298
Nov 2005	0	3,294	54.69	10.59	$34,878
Oct 2005	0	1,447	58.34	13.80	$19,962
Sep 2005	0	3,159	61.45	12.08	$38,158
Aug 2005	0	4,221	61.51	9.80	$41,352
Jul 2005	0	3,722	55.69	7.84	$29,194
Jun 2005	0	4,480	52.33	7.38	$33,067
May 2005	0	2,968	45.22	6.65	$19,741
Apr 2005	0	3,875	49.20	7.36	$28,522
Mar 2005	0	3,819	50.37	7.15	$27,324
Feb 2005	0	2,869	45.22	6.31	$18,109
Jan 2005	0	2,786	43.16	6.32	$17,614
Dec 2004	0	3,594	39.86	6.75	$24,263
Nov 2004	0	4,045	45.28	6.33	$25,607
Oct 2004	0	4,659	49.70	6.52	$30,354
Sep 2004	0	4,170	43.24	5.28	$22,034
Aug 2004	0	4,493	42.37	5.55	$24,939
Jul 2004	0	4,611	38.28	6.08	$28,054
Jun 2004	0	3,814	36.10	6.43	$24,536
May 2004	0	0	37.48	6.49	$0
Apr 2004	0	3,740	34.47	5.86	$21,911
Mar 2004	0	4,511	34.36	5.53	$24,946
Feb 2004	1	3,052	32.45	5.51	$16,848
Jan 2004	1	2,338	32.03	6.30	$14,761
Dec 2003	0	1,830	30.26	6.30	$11,532
Nov 2003	0	1,950	28.80	4.60	$8,961
Oct 2003	2	2,482	28.17	4.76	$11,870
Sep 2003	0	2,935	26.31	4.75	$13,939
Aug 2003	0	3,874	29.76	5.13	$19,873
Jul 2003	0	3,074	29.41	5.17	$15,895
Jun 2003	0	2,682	28.56	5.98	$16,046
May 2003	0	4,556	26.59	5.97	$27,212
Apr 2003	0	4,456	26.67	5.41	$24,095
Mar 2003	1	3,757	31.14	6.10	$22,934
Feb 2003	0	1,875	33.48	7.93	$14,861
Jan 2003	0	2,407	30.31	5.58	$13,436
Dec 2002	0	3,176	26.91	4.85	$15,416
Nov 2002	0	2,650	24.66	4.14	$10,963
Oct 2002	0	3,810	26.46	4.23	$16,113
Sep 2002	0	3,531	27.44	3.64	$12,836
Aug 2002	1	4,824	25.96	3.16	$15,290
Jul 2002	0	5,479	24.58	3.06	$16,775
Jun 2002	0	6,178	23.73	3.34	$20,624
May 2002	0	5,803	24.66	3.58	$20,798
Apr 2002	0	6,427	23.65	3.51	$22,574
Mar 2002	2	6,563	22.00	3.10	$20,407
Feb 2002	0	7,355	18.22	2.38	$17,473
Jan 2002	0	7,784	17.17	2.38	$18,492
Dec 2001	4	9,168	16.93	2.36	$21,745
Nov 2001	0	5,005	18.07	2.41	$12,040
Oct 2001	5	7,831	19.78	2.53	$19,903
Sep 2001	0	8,439	24.26	2.25	$18,999
Aug 2001	3	10,886	24.87	3.05	$33,311
Jul 2001	0	13,988	23.93	3.20	$44,721
Jun 2001	3	13,338	24.56	3.82	$51,080
May 2001	0	19,913	25.52	4.31	$85,772
Apr 2001	43	21,320	24.68	5.34	$114,810
Mar 2001	0	0	24.54	5.38	$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.

Jul 2020 — as filed, then multipliedworked

Condensate             0 bbl  × $ 38.37 =         $0
Gas                  854 Mcf  × $  1.83 =     $1,559

────────────────────────────────────────────────────
Month total                                   $1,559

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/182212 is the state's own key, not one this site invented.