COLE, M. T. TRUST TWO "A"

Operated by DEVON ENERGY PRODUCTION CO, L.P. (P-5 216378) 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 185075District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.3 M
Jul 2001 – Mar 2012
Value, last 12 filed months
$0
at the published price for each month
Months reported
129
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 Gas112001-11-28145599
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
CondensateDisposition12 bbl$225
GasProduction413,277 Mcf$2,304,196
Total$2,304,421

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 33.0297, -97.3568. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.02971, -97.35684 · 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
7,700 ft
1 wells filed one
Completion to plug
10.7 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 7,700 ft.

Completions filed
Jul 2001
1 of 1 wells
Plug dates filed
Mar 2012
1 of 1 wells

Last completion to plug: a median of 10.7 years across the 1 well that filed both dates, with the middle half between 10.7 years and 10.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1213098627,700 ftJul 2001Mar 2012Yes

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 (129)

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

129 months

Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 2009055467.423.22$1,783
Jul 200901,00561.133.46$3,482
Jun 200902,11666.163.90$8,242
May 200902,16254.743.93$8,487
Apr 200902,94146.773.59$10,551
Mar 200902,96942.144.06$12,051
Feb 200901,68932.814.63$7,825
Jan 200902,60935.865.37$14,013
Dec 200801,60837.105.98$9,611
Nov 200802,61255.496.86$17,919
Oct 200801,70475.246.92$11,795
Sep 200802,337101.767.88$18,409
Aug 200803,329114.228.48$28,240
Jul 200803,142131.0811.39$35,786
Jun 200802,456131.3313.03$32,008
May 200803,013123.1711.57$34,873
Apr 200802,968110.3110.45$31,030
Mar 200803,790101.909.66$36,627
Feb 200802,89392.538.77$25,373
Jan 200803,06290.388.21$25,126
Dec 200703,06388.337.30$22,366
Nov 200703,70891.677.29$27,038
Oct 200704,23082.856.92$29,280
Sep 200704,23175.846.24$26,419
Aug 200703,95369.066.39$25,252
Jul 200703,90170.906.39$24,919
Jun 200704,55962.007.55$34,413
May 200703,86258.747.85$30,302
Apr 200703,71559.617.81$28,996
Mar 200703,56456.927.30$26,024
Feb 200703,49655.108.22$28,723
Jan 200703,74250.306.73$25,172
Dec 200604,19256.656.92$29,002
Nov 200605,06154.207.62$38,552
Oct 200607,26854.906.01$43,708
Sep 200603,50860.085.04$17,671
Aug 200601,45768.717.34$10,694
Jul 2006052169.376.34$3,305
Jun 200604,35866.286.38$27,821
May 200605,21666.016.42$33,513
Apr 200603,58164.397.36$26,358
Mar 200603,44056.707.08$24,365
Feb 200603,85457.597.75$29,873
Jan 200602,37360.598.93$21,199
Dec 200502,21654.9413.42$29,729
Nov 200502,56354.6910.59$27,138
Oct 200503,06358.3413.80$42,256
Sep 200503,56961.4512.08$43,110
Aug 200502,76561.519.80$27,088
Jul 200503,62055.697.84$28,394
Jun 200503,03152.337.38$22,372
May 200504,68245.226.65$31,141
Apr 200504,75649.207.36$35,006
Mar 200504,13550.377.15$29,585
Feb 200503,42445.226.31$21,612
Jan 200504,48343.166.32$28,342
Dec 200404,44939.866.75$30,036
Nov 200404,68245.286.33$29,639
Oct 200404,71649.706.52$30,725
Sep 200404,23743.245.28$22,388
Aug 200404,75042.375.55$26,366
Jul 200404,03738.286.08$24,562
Jun 200403,15636.106.43$20,303
May 200403,23037.486.49$20,977
Apr 200407,03434.475.86$41,208
Mar 200409,52634.365.53$52,680
Feb 200402,67032.455.51$14,711
Jan 2004028832.036.30$1,814
Dec 200301,97530.266.30$12,446
Nov 200302,39828.804.60$11,019
Oct 200303,57528.174.76$17,016
Sep 200303,87826.314.75$18,418
Aug 200305,82329.765.13$29,870
Jul 200302,02529.415.17$10,471
Jun 200302,97328.565.98$17,787
May 200303,59826.595.97$21,490
Apr 200303,13426.675.41$16,946
Mar 200306,44131.146.10$39,265
Feb 200302,37433.487.93$18,816
Jan 2003046530.315.58$2,596
Dec 200204,85526.914.85$23,565
Nov 200201,18624.664.14$4,906
Oct 200204,38726.464.23$18,553
Sep 200205,64627.443.64$20,524
Aug 200206,23725.963.16$19,735
Jul 200206,36324.583.06$19,482
Jun 200206,60623.733.34$22,052
May 200206,97224.663.58$24,988
Apr 200207,26523.653.51$25,517
Mar 200207,67322.003.10$23,807
Feb 200208,22918.222.38$19,549
Jan 200209,43917.172.38$22,424
Dec 200109,35116.932.36$22,110
Nov 2001711,44218.072.41$27,650
Oct 2001516,99519.782.53$43,077
Sep 2001027,07824.262.25$60,961
Aug 20010024.873.05$0
Jul 20010023.933.20$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.

Aug 2009 — as filed, then multipliedworked
Condensate             0 bbl  × $ 67.42 =         $0
Gas                  554 Mcf  × $  3.22 =     $1,783

────────────────────────────────────────────────────
Month total                                   $1,783

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/185075 is the state's own key, not one this site invented.