COLE, M. T.

Name: COLE, M. T. lease production and value, Sep 2003 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 198099District 09Field 652802002 tax incentive programmesCondensateGasSave Export

Value, all time

$3.7 M

Sep 2003 – Mar 2022

Value, last 12 filed months

$29 k

at the published price for each month

Months reported

223

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	2006-03-20	167073
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	7,715 bbl	$415,736
Gas	Production	542,719 Mcf	$3,262,537
Total			$3,678,273

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 33.2717, -97.3962. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.27169, -97.39624 · 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

8,210 ft

1 wells filed one

Completion to plug

18.0 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 8,210 ft.

Completions filed

Sep 2003

1 of 1 wells

Plug dates filed

Sep 2021

1 of 1 wells

Last completion to plug: a median of 18.0 years across the 1 well that filed both dates, with the middle half between 18.0 years and 18.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-49735305	7	8,210 ft	Sep 2003	Sep 2021	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 (223)

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

223 months


Mar 2022	0	0	108.88	5.08	$0
Feb 2022	0	0	91.05	4.86	$0
Jan 2022	1	0	81.84	4.54	$82
Dec 2021	0	0	71.32	3.90	$0
Nov 2021	0	0	77.43	5.24	$0
Oct 2021	4	0	79.79	5.71	$319
Sep 2021	19	822	69.86	5.35	$5,726
Aug 2021	0	984	66.02	4.22	$4,153
Jul 2021	79	1,015	70.78	3.98	$9,633
Jun 2021	0	971	69.49	3.38	$3,283
May 2021	0	999	63.48	3.02	$3,015
Apr 2021	0	1,013	60.36	2.76	$2,794
Mar 2021	0	1,050	61.30	2.72	$2,853
Feb 2021	0	1,013	57.80	5.55	$5,620
Jan 2021	0	1,050	50.41	2.81	$2,951
Dec 2020	0	1,050	44.64	2.68	$2,809
Nov 2020	0	1,378	38.77	2.71	$3,730
Oct 2020	0	2,002	36.97	2.48	$4,962
Sep 2020	0	1,102	37.09	1.99	$2,194
Aug 2020	0	1,086	39.98	2.39	$2,590
Jul 2020	0	1,062	38.37	1.83	$1,938
Jun 2020	0	1,063	34.90	1.69	$1,797
May 2020	24	1,082	16.92	1.81	$2,370
Apr 2020	76	1,081	14.75	1.80	$3,072
Mar 2020	0	1,085	30.34	1.86	$2,014
Feb 2020	0	1,007	49.88	1.98	$1,995
Jan 2020	0	1,137	57.25	2.09	$2,382
Dec 2019	0	1,166	59.01	2.30	$2,687
Nov 2019	0	1,127	55.30	2.75	$3,100
Oct 2019	0	1,158	53.47	2.42	$2,801
Sep 2019	0	1,115	55.05	2.66	$2,963
Aug 2019	0	1,128	53.11	2.30	$2,599
Jul 2019	0	1,119	56.27	2.46	$2,753
Jun 2019	0	1,065	52.78	2.49	$2,653
May 2019	0	1,152	58.48	2.74	$3,157
Apr 2019	0	1,169	62.63	2.75	$3,216
Mar 2019	0	1,149	56.80	3.06	$3,518
Feb 2019	181	1,190	50.85	2.79	$12,527
Jan 2019	0	1,261	46.03	3.23	$4,071
Dec 2018	0	1,282	46.59	4.19	$5,366
Nov 2018	0	1,251	52.93	4.24	$5,301
Oct 2018	0	1,353	61.44	3.40	$4,598
Sep 2018	0	1,455	59.54	3.11	$4,522
Aug 2018	0	1,546	59.40	3.07	$4,741
Jul 2018	0	1,867	65.14	2.93	$5,474
Jun 2018	0	1,462	60.18	3.08	$4,498
May 2018	0	1,528	65.38	2.90	$4,432
Apr 2018	0	1,398	63.84	2.90	$4,055
Mar 2018	0	1,654	61.22	2.79	$4,609
Feb 2018	0	1,616	61.78	2.77	$4,470
Jan 2018	0	1,458	62.87	4.01	$5,846
Dec 2017	0	3,671	57.27	2.92	$10,725
Nov 2017	0	1,508	55.42	3.12	$4,702
Oct 2017	0	2,016	49.29	2.98	$6,015
Sep 2017	132	1,606	47.52	3.09	$11,231
Aug 2017	0	1,080	45.37	3.00	$3,245
Jul 2017	0	1,264	43.87	3.09	$3,902
Jun 2017	0	1,135	42.49	3.09	$3,504
May 2017	0	1,301	45.37	3.26	$4,246
Apr 2017	0	1,296	47.93	3.21	$4,162
Mar 2017	0	1,350	46.77	2.98	$4,028
Feb 2017	0	1,259	50.45	2.95	$3,717
Jan 2017	0	1,611	49.41	3.42	$5,508
Dec 2016	0	1,482	48.76	3.72	$5,517
Nov 2016	0	1,266	42.49	2.64	$3,348
Oct 2016	0	1,382	46.19	3.09	$4,271
Sep 2016	165	1,139	41.55	3.10	$10,387
Aug 2016	0	1,411	41.44	2.92	$4,126
Jul 2016	0	1,652	41.62	2.92	$4,831
Jun 2016	0	1,533	45.35	2.69	$4,117
May 2016	0	1,460	42.52	1.99	$2,907
Apr 2016	0	1,413	36.56	1.99	$2,813
Mar 2016	0	1,474	33.01	1.79	$2,644
Feb 2016	0	1,325	26.47	2.06	$2,734
Jan 2016	0	750	27.35	2.36	$1,773
Dec 2015	0	563	32.36	2.00	$1,127
Nov 2015	0	758	38.79	2.17	$1,643
Oct 2015	0	956	43.55	2.43	$2,320
Sep 2015	152	562	42.99	2.76	$8,085
Aug 2015	0	651	40.16	2.87	$1,870
Jul 2015	0	620	48.15	2.95	$1,826
Jun 2015	0	548	56.15	2.88	$1,580
May 2015	0	385	55.21	2.96	$1,138
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	757	42.89	2.93	$2,222
Feb 2015	0	1,363	44.66	2.98	$4,057
Jan 2015	0	1,405	43.43	3.10	$4,356
Dec 2014	154	1,369	54.69	3.59	$13,339
Nov 2014	0	1,334	70.46	4.25	$5,672
Oct 2014	0	1,453	78.30	3.90	$5,668
Sep 2014	0	1,338	86.16	4.05	$5,413
Aug 2014	0	1,346	89.39	4.04	$5,431
Jul 2014	0	1,428	96.56	4.18	$5,968
Jun 2014	0	1,409	98.16	4.74	$6,674
May 2014	0	1,410	94.73	4.73	$6,664
Apr 2014	0	1,430	95.94	4.81	$6,877
Mar 2014	170	1,344	95.89	5.06	$23,098
Feb 2014	0	1,012	97.40	6.19	$6,266
Jan 2014	0	1,371	90.40	4.86	$6,664
Dec 2013	0	1,692	91.82	4.35	$7,368
Nov 2013	0	1,022	88.85	3.74	$3,821
Oct 2013	0	969	97.42	3.78	$3,662
Sep 2013	0	694	104.11	3.72	$2,580
Aug 2013	118	339	104.25	3.52	$13,496
Jul 2013	0	9	102.52	3.72	$33
Jun 2013	0	909	94.40	3.93	$3,575
May 2013	0	1,003	94.83	4.15	$4,162
Apr 2013	0	1,083	93.96	4.28	$4,638
Mar 2013	0	1,034	93.62	3.91	$4,046
Feb 2013	0	931	91.23	3.42	$3,184
Jan 2013	0	973	91.60	3.42	$3,328
Dec 2012	0	848	86.77	3.42	$2,900
Nov 2012	0	1,698	86.95	3.62	$6,155
Oct 2012	0	643	89.38	3.40	$2,186
Sep 2012	0	1,324	94.67	2.92	$3,864
Aug 2012	0	706	92.66	2.91	$2,053
Jul 2012	0	1,982	85.13	3.02	$5,987
Jun 2012	0	1,841	79.82	2.52	$4,638
May 2012	0	1,151	91.61	2.49	$2,864
Apr 2012	0	808	101.65	2.00	$1,613
Mar 2012	0	352	105.05	2.22	$782
Feb 2012	0	71	101.10	2.57	$182
Jan 2012	36	87	98.09	2.73	$3,769
Dec 2011	0	220	96.87	3.24	$713
Nov 2011	0	414	95.72	3.31	$1,371
Oct 2011	0	118	84.98	3.65	$431
Sep 2011	114	36	83.62	3.99	$9,676
Aug 2011	0	5	83.40	4.15	$21
Jul 2011	0	18	94.14	4.52	$81
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	0	105.96	4.33	$0
Mar 2011	0	0	96.36	4.06	$0
Feb 2011	0	3,220	85.64	4.18	$13,460
Jan 2011	0	2,882	86.50	4.59	$13,225
Dec 2010	0	2,115	85.73	4.35	$9,195
Nov 2010	0	2,211	80.84	3.80	$8,391
Oct 2010	0	1,515	78.10	3.51	$5,316
Sep 2010	0	1,988	72.63	3.98	$7,911
Aug 2010	154	1,880	73.68	4.42	$19,655
Jul 2010	0	1,894	72.55	4.74	$8,971
Jun 2010	0	1,845	70.36	4.91	$9,060
May 2010	0	1,855	71.12	4.24	$7,856
Apr 2010	0	1,872	81.69	4.12	$7,718
Mar 2010	0	2,131	78.39	4.39	$9,352
Feb 2010	0	1,759	73.58	5.44	$9,573
Jan 2010	0	1,837	74.36	5.96	$10,956
Dec 2009	0	2,253	71.44	5.48	$12,355
Nov 2009	0	1,484	74.59	3.75	$5,567
Oct 2009	168	1,629	72.54	4.11	$18,882
Sep 2009	0	1,532	65.54	3.06	$4,695
Aug 2009	0	1,870	67.42	3.22	$6,019
Jul 2009	0	1,764	61.13	3.46	$6,111
Jun 2009	0	1,705	66.16	3.90	$6,641
May 2009	0	2,064	54.74	3.93	$8,103
Apr 2009	0	1,974	46.77	3.59	$7,082
Mar 2009	0	2,600	42.14	4.06	$10,553
Feb 2009	0	3,035	32.81	4.63	$14,061
Jan 2009	0	3,670	35.86	5.37	$19,712
Dec 2008	169	3,743	37.10	5.98	$28,642
Nov 2008	0	3,888	55.49	6.86	$26,673
Oct 2008	0	4,109	75.24	6.92	$28,442
Sep 2008	0	4,187	101.76	7.88	$32,981
Aug 2008	0	3,905	114.22	8.48	$33,126
Jul 2008	127	3,866	131.08	11.39	$60,679
Jun 2008	0	4,587	131.33	13.03	$59,781
May 2008	0	4,103	123.17	11.57	$47,489
Apr 2008	0	3,953	110.31	10.45	$41,328
Mar 2008	175	4,042	101.90	9.66	$56,895
Feb 2008	0	4,041	92.53	8.77	$35,442
Jan 2008	0	4,219	90.38	8.21	$34,620
Dec 2007	183	4,345	88.33	7.30	$47,891
Nov 2007	2	3,821	91.67	7.29	$28,045
Oct 2007	1	4,624	82.85	6.92	$32,090
Sep 2007	2	4,286	75.84	6.24	$26,914
Aug 2007	154	4,544	69.06	6.39	$39,662
Jul 2007	0	4,570	70.90	6.39	$29,193
Jun 2007	0	4,450	62.00	7.55	$33,591
May 2007	171	4,612	58.74	7.85	$46,232
Apr 2007	1	4,986	59.61	7.81	$38,976
Mar 2007	172	4,902	56.92	7.30	$45,585
Feb 2007	0	4,200	55.10	8.22	$34,507
Jan 2007	184	5,504	50.30	6.73	$46,280
Dec 2006	0	5,340	56.65	6.92	$36,944
Nov 2006	176	5,159	54.20	7.62	$48,838
Oct 2006	0	5,414	54.90	6.01	$32,559
Sep 2006	180	5,218	60.08	5.04	$37,099
Aug 2006	0	5,356	68.71	7.34	$39,313
Jul 2006	0	5,962	69.37	6.34	$37,816
Jun 2006	162	5,959	66.28	6.38	$48,779
May 2006	0	9,202	66.01	6.42	$59,123
Apr 2006	168	6,528	64.39	7.36	$58,867
Mar 2006	0	6,758	56.70	7.08	$47,866
Feb 2006	175	5,508	57.59	7.75	$52,771
Jan 2006	0	6,132	60.59	8.93	$54,779
Dec 2005	128	6,486	54.94	13.42	$94,045
Nov 2005	151	5,344	54.69	10.59	$64,843
Oct 2005	143	7,444	58.34	13.80	$111,038
Sep 2005	88	6,655	61.45	12.08	$85,793
Aug 2005	300	10,866	61.51	9.80	$124,905
Jul 2005	312	11,777	55.69	7.84	$109,750
Jun 2005	0	2,627	52.33	7.38	$19,390
May 2005	155	5,098	45.22	6.65	$40,917
Apr 2005	161	4,516	49.20	7.36	$41,161
Mar 2005	0	4,587	50.37	7.15	$32,819
Feb 2005	0	4,699	45.22	6.31	$29,660
Jan 2005	0	3,645	43.16	6.32	$23,044
Dec 2004	152	5,737	39.86	6.75	$44,790
Nov 2004	0	4,607	45.28	6.33	$29,164
Oct 2004	0	3,283	49.70	6.52	$21,389
Sep 2004	142	7,375	43.24	5.28	$45,109
Aug 2004	193	11,767	42.37	5.55	$73,492
Jul 2004	0	19	38.28	6.08	$116
Jun 2004	0	0	36.10	6.43	$0
May 2004	0	0	37.48	6.49	$0
Apr 2004	0	4,275	34.47	5.86	$25,045
Mar 2004	157	8,928	34.36	5.53	$54,768
Feb 2004	160	4,978	32.45	5.51	$32,619
Jan 2004	298	7,839	32.03	6.30	$58,928
Dec 2003	325	7,855	30.26	6.30	$59,334
Nov 2003	175	11,539	28.80	4.60	$58,064
Oct 2003	545	14,306	28.17	4.76	$83,444
Sep 2003	181	7,963	26.31	4.75	$42,581

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.

Jan 2022 — as filed, then multipliedworked

Condensate             1 bbl  × $ 81.84 =        $82
Gas                    0 Mcf  × $  4.54 =         $0

────────────────────────────────────────────────────
Month total                                      $82

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/198099 is the state's own key, not one this site invented.