COLE, M. T.

Name: COLE, M. T. lease production and value, Oct 2002 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 193985District 09Field 652802002 tax incentive programmesCondensateGasSave Export

Value, all time

$3.6 M

Oct 2002 – Nov 2022

Value, last 12 filed months

at the published price for each month

Months reported

242

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	2006-08-09	159285
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	15,551 bbl	$825,841
Gas	Production	503,392 Mcf	$2,813,294
Total			$3,639,135

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 33.2624, -97.3953. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.26240, -97.39533 · 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

0.0%

0 of 1 wells

Median depth

8,280 ft

1 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

00.0%

BothOn the schedule and plugged. Neither fact cancels the other.

00.0%

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 8,280 ft.

Completions filed

Oct 2002

1 of 1 wells

1 well


42-49735074	6A	8,280 ft	Oct 2002	—	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 (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


Nov 2022	0	0	85.00	5.65	$0
Oct 2022	0	0	87.18	5.86	$0
Sep 2022	0	0	84.88	8.16	$0
Aug 2022	0	0	94.52	9.13	$0
Jul 2022	0	0	101.58	7.54	$0
Jun 2022	0	0	115.09	7.98	$0
May 2022	0	0	109.37	8.43	$0
Apr 2022	0	0	104.22	6.84	$0
Mar 2022	0	0	108.88	5.08	$0
Feb 2022	0	0	91.05	4.86	$0
Jan 2022	0	0	81.84	4.54	$0
Dec 2021	0	0	71.32	3.90	$0
Nov 2021	0	0	77.43	5.24	$0
Oct 2021	0	0	79.79	5.71	$0
Sep 2021	0	0	69.86	5.35	$0
Aug 2021	0	0	66.02	4.22	$0
Jul 2021	0	0	70.78	3.98	$0
Jun 2021	0	2	69.49	3.38	$7
May 2021	0	4	63.48	3.02	$12
Apr 2021	0	4	60.36	2.76	$11
Mar 2021	0	2	61.30	2.72	$5
Feb 2021	0	7	57.80	5.55	$39
Jan 2021	0	6	50.41	2.81	$17
Dec 2020	0	6	44.64	2.68	$16
Nov 2020	0	29	38.77	2.71	$78
Oct 2020	0	4	36.97	2.48	$10
Sep 2020	0	50	37.09	1.99	$100
Aug 2020	0	122	39.98	2.39	$291
Jul 2020	0	166	38.37	1.83	$303
Jun 2020	0	116	34.90	1.69	$196
May 2020	0	105	16.92	1.81	$191
Apr 2020	0	105	14.75	1.80	$189
Mar 2020	0	159	30.34	1.86	$295
Feb 2020	0	112	49.88	1.98	$222
Jan 2020	0	42	57.25	2.09	$88
Dec 2019	0	80	59.01	2.30	$184
Nov 2019	0	65	55.30	2.75	$179
Oct 2019	0	573	53.47	2.42	$1,386
Sep 2019	0	327	55.05	2.66	$869
Aug 2019	0	324	53.11	2.30	$747
Jul 2019	0	373	56.27	2.46	$918
Jun 2019	0	391	52.78	2.49	$974
May 2019	0	22	58.48	2.74	$60
Apr 2019	0	27	62.63	2.75	$74
Mar 2019	0	32	56.80	3.06	$98
Feb 2019	0	28	50.85	2.79	$78
Jan 2019	0	505	46.03	3.23	$1,630
Dec 2018	0	307	46.59	4.19	$1,285
Nov 2018	0	281	52.93	4.24	$1,191
Oct 2018	0	335	61.44	3.40	$1,138
Sep 2018	0	274	59.54	3.11	$852
Aug 2018	0	322	59.40	3.07	$987
Jul 2018	0	653	65.14	2.93	$1,915
Jun 2018	0	344	60.18	3.08	$1,058
May 2018	0	529	65.38	2.90	$1,535
Apr 2018	0	716	63.84	2.90	$2,077
Mar 2018	0	694	61.22	2.79	$1,934
Feb 2018	0	789	61.78	2.77	$2,182
Jan 2018	0	521	62.87	4.01	$2,089
Dec 2017	0	242	57.27	2.92	$707
Nov 2017	0	658	55.42	3.12	$2,052
Oct 2017	0	0	49.29	2.98	$0
Sep 2017	0	80	47.52	3.09	$247
Aug 2017	0	798	45.37	3.00	$2,398
Jul 2017	0	236	43.87	3.09	$729
Jun 2017	0	1,037	42.49	3.09	$3,202
May 2017	0	1,072	45.37	3.26	$3,498
Apr 2017	0	887	47.93	3.21	$2,849
Mar 2017	0	1,761	46.77	2.98	$5,254
Feb 2017	0	1,635	50.45	2.95	$4,828
Jan 2017	0	26	49.41	3.42	$89
Dec 2016	0	641	48.76	3.72	$2,386
Nov 2016	0	3,848	42.49	2.64	$10,175
Oct 2016	0	907	46.19	3.09	$2,803
Sep 2016	0	1,216	41.55	3.10	$3,770
Aug 2016	0	1,748	41.44	2.92	$5,112
Jul 2016	0	1,597	41.62	2.92	$4,670
Jun 2016	0	1,609	45.35	2.69	$4,322
May 2016	0	1,870	42.52	1.99	$3,723
Apr 2016	0	527	36.56	1.99	$1,049
Mar 2016	0	669	33.01	1.79	$1,200
Feb 2016	0	495	26.47	2.06	$1,022
Jan 2016	0	767	27.35	2.36	$1,813
Dec 2015	0	893	32.36	2.00	$1,787
Nov 2015	0	948	38.79	2.17	$2,055
Oct 2015	0	1,533	43.55	2.43	$3,720
Sep 2015	0	4,216	42.99	2.76	$11,630
Aug 2015	0	3,140	40.16	2.87	$9,020
Jul 2015	0	1,520	48.15	2.95	$4,477
Jun 2015	0	1,339	56.15	2.88	$3,860
May 2015	0	2,706	55.21	2.96	$7,997
Apr 2015	0	6,083	49.82	2.71	$16,464
Mar 2015	0	1,852	42.89	2.93	$5,435
Feb 2015	0	948	44.66	2.98	$2,821
Jan 2015	0	1,786	43.43	3.10	$5,538
Dec 2014	0	2,281	54.69	3.59	$8,192
Nov 2014	0	1,835	70.46	4.25	$7,802
Oct 2014	0	1,580	78.30	3.90	$6,164
Sep 2014	0	1,593	86.16	4.05	$6,444
Aug 2014	0	1,638	89.39	4.04	$6,610
Jul 2014	0	1,686	96.56	4.18	$7,047
Jun 2014	0	1,615	98.16	4.74	$7,650
May 2014	0	2,107	94.73	4.73	$9,959
Apr 2014	0	1,994	95.94	4.81	$9,589
Mar 2014	0	1,224	95.89	5.06	$6,190
Feb 2014	0	744	97.40	6.19	$4,607
Jan 2014	0	1,598	90.40	4.86	$7,767
Dec 2013	0	2,507	91.82	4.35	$10,917
Nov 2013	0	2,290	88.85	3.74	$8,561
Oct 2013	0	2,374	97.42	3.78	$8,972
Sep 2013	0	2,356	104.11	3.72	$8,759
Aug 2013	0	2,300	104.25	3.52	$8,102
Jul 2013	0	2,202	102.52	3.72	$8,186
Jun 2013	0	2,723	94.40	3.93	$10,711
May 2013	0	2,550	94.83	4.15	$10,580
Apr 2013	0	2,528	93.96	4.28	$10,826
Mar 2013	0	2,614	93.62	3.91	$10,228
Feb 2013	0	2,197	91.23	3.42	$7,514
Jan 2013	0	1,230	91.60	3.42	$4,206
Dec 2012	0	1,609	86.77	3.42	$5,503
Nov 2012	0	1,199	86.95	3.62	$4,346
Oct 2012	0	1,445	89.38	3.40	$4,913
Sep 2012	0	1,510	94.67	2.92	$4,407
Aug 2012	0	1,761	92.66	2.91	$5,121
Jul 2012	0	1,907	85.13	3.02	$5,761
Jun 2012	0	1,744	79.82	2.52	$4,393
May 2012	0	2,498	91.61	2.49	$6,216
Apr 2012	0	1,400	101.65	2.00	$2,796
Mar 2012	0	525	105.05	2.22	$1,167
Feb 2012	134	876	101.10	2.57	$15,799
Jan 2012	187	985	98.09	2.73	$21,036
Dec 2011	140	883	96.87	3.24	$16,422
Nov 2011	232	510	95.72	3.31	$23,896
Oct 2011	138	338	84.98	3.65	$12,960
Sep 2011	182	237	83.62	3.99	$16,163
Aug 2011	259	234	83.40	4.15	$22,572
Jul 2011	272	597	94.14	4.52	$28,303
Jun 2011	273	401	92.90	4.64	$27,222
May 2011	411	154	98.13	4.40	$41,010
Apr 2011	324	447	105.96	4.33	$36,268
Mar 2011	0	0	96.36	4.06	$0
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	0	0	86.50	4.59	$0
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	0	324	78.10	3.51	$1,137
Sep 2010	0	1,919	72.63	3.98	$7,637
Aug 2010	162	1,860	73.68	4.42	$20,156
Jul 2010	0	2,038	72.55	4.74	$9,653
Jun 2010	0	1,765	70.36	4.91	$8,667
May 2010	168	2,327	71.12	4.24	$21,804
Apr 2010	0	1,973	81.69	4.12	$8,134
Mar 2010	0	2,306	78.39	4.39	$10,120
Feb 2010	0	2,266	73.58	5.44	$12,332
Jan 2010	170	2,468	74.36	5.96	$27,361
Dec 2009	0	2,608	71.44	5.48	$14,302
Nov 2009	165	2,414	74.59	3.75	$21,363
Oct 2009	0	2,487	72.54	4.11	$10,222
Sep 2009	0	2,189	65.54	3.06	$6,709
Aug 2009	156	2,107	67.42	3.22	$17,299
Jul 2009	0	2,571	61.13	3.46	$8,907
Jun 2009	0	2,032	66.16	3.90	$7,915
May 2009	178	2,476	54.74	3.93	$19,464
Apr 2009	0	2,751	46.77	3.59	$9,869
Mar 2009	0	2,924	42.14	4.06	$11,869
Feb 2009	172	2,890	32.81	4.63	$19,033
Jan 2009	0	3,396	35.86	5.37	$18,240
Dec 2008	166	3,326	37.10	5.98	$26,039
Nov 2008	0	1,804	55.49	6.86	$12,376
Oct 2008	0	1,418	75.24	6.92	$9,815
Sep 2008	0	1,559	101.76	7.88	$12,280
Aug 2008	0	1,591	114.22	8.48	$13,496
Jul 2008	0	1,901	131.08	11.39	$21,651
Jun 2008	176	1,524	131.33	13.03	$42,976
May 2008	0	1,461	123.17	11.57	$16,910
Apr 2008	0	1,535	110.31	10.45	$16,048
Mar 2008	158	1,982	101.90	9.66	$35,254
Feb 2008	0	1,212	92.53	8.77	$10,630
Jan 2008	164	2,642	90.38	8.21	$36,502
Dec 2007	161	2,444	88.33	7.30	$32,067
Nov 2007	0	2,494	91.67	7.29	$18,186
Oct 2007	174	2,495	82.85	6.92	$31,686
Sep 2007	0	2,238	75.84	6.24	$13,974
Aug 2007	0	2,881	69.06	6.39	$18,404
Jul 2007	0	1,965	70.90	6.39	$12,552
Jun 2007	0	2,756	62.00	7.55	$20,804
May 2007	168	3,416	58.74	7.85	$36,671
Apr 2007	2	2,824	59.61	7.81	$22,161
Mar 2007	167	3,710	56.92	7.30	$36,596
Feb 2007	0	3,231	55.10	8.22	$26,546
Jan 2007	186	3,715	50.30	6.73	$34,346
Dec 2006	0	2,750	56.65	6.92	$19,026
Nov 2006	182	3,631	54.20	7.62	$37,523
Oct 2006	0	3,451	54.90	6.01	$20,754
Sep 2006	180	2,623	60.08	5.04	$24,027
Aug 2006	0	2,545	68.71	7.34	$18,680
Jul 2006	146	2,537	69.37	6.34	$26,220
Jun 2006	0	2,750	66.28	6.38	$17,556
May 2006	164	4,544	66.01	6.42	$40,021
Apr 2006	0	2,896	64.39	7.36	$21,316
Mar 2006	343	4,425	56.70	7.08	$50,790
Feb 2006	0	4,203	57.59	7.75	$32,578
Jan 2006	164	4,521	60.59	8.93	$50,324
Dec 2005	184	3,603	54.94	13.42	$58,445
Nov 2005	0	2,797	54.69	10.59	$29,616
Oct 2005	293	3,401	58.34	13.80	$64,013
Sep 2005	0	2,989	61.45	12.08	$36,104
Aug 2005	100	5,103	61.51	9.80	$56,144
Jul 2005	60	2,769	55.69	7.84	$25,060
Jun 2005	169	2,748	52.33	7.38	$29,127
May 2005	152	4,265	45.22	6.65	$35,241
Apr 2005	135	4,369	49.20	7.36	$38,800
Mar 2005	181	4,237	50.37	7.15	$39,432
Feb 2005	0	4,013	45.22	6.31	$25,330
Jan 2005	156	4,827	43.16	6.32	$37,250
Dec 2004	342	5,126	39.86	6.75	$48,238
Nov 2004	131	3,976	45.28	6.33	$31,101
Oct 2004	148	4,493	49.70	6.52	$36,628
Sep 2004	321	5,487	43.24	5.28	$42,873
Aug 2004	178	7,073	42.37	5.55	$46,802
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	0	0	36.10	6.43	$0
May 2004	117	0	37.48	6.49	$4,385
Apr 2004	163	2,819	34.47	5.86	$22,134
Mar 2004	190	5,180	34.36	5.53	$35,175
Feb 2004	154	6,116	32.45	5.51	$38,694
Jan 2004	270	8,922	32.03	6.30	$64,853
Dec 2003	321	8,024	30.26	6.30	$60,278
Nov 2003	152	7,122	28.80	4.60	$37,104
Oct 2003	464	8,676	28.17	4.76	$54,366
Sep 2003	316	8,900	26.31	4.75	$50,583
Aug 2003	345	9,755	29.76	5.13	$60,308
Jul 2003	485	10,394	29.41	5.17	$68,010
Jun 2003	355	8,886	28.56	5.98	$63,303
May 2003	658	8,913	26.59	5.97	$70,731
Apr 2003	457	9,845	26.67	5.41	$65,423
Mar 2003	795	12,273	31.14	6.10	$99,573
Feb 2003	666	12,304	33.48	7.93	$119,818
Jan 2003	665	17,005	30.31	5.58	$115,079
Dec 2002	3	9,076	26.91	4.85	$44,133
Nov 2002	1	946	24.66	4.14	$3,938
Oct 2002	0	0	26.46	4.23	$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.

Jun 2021 — as filed, then multipliedworked

Condensate             0 bbl  × $ 69.49 =         $0
Gas                    2 Mcf  × $  3.38 =         $7

────────────────────────────────────────────────────
Month total                                       $7

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/193985 is the state's own key, not one this site invented.