COLE, M. T.

Name: COLE, M. T. lease production and value, Mar 2004 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 202522District 09Field 652802002 tax incentive programmesCondensateGasSave Export

Value, all time

$1.7 M

Mar 2004 – May 2022

Value, last 12 filed months

$3 k

at the published price for each month

Months reported

219

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	2004-08-18	158315
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	3,798 bbl	$226,387
Gas	Production	298,627 Mcf	$1,450,407
Total			$1,676,794

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 33.2733, -97.3996. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.27330, -97.39963 · 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

8,300 ft

1 wells filed one

Completion to plug

17.7 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 8,300 ft.

Completions filed

Mar 2004

1 of 1 wells

Plug dates filed

Nov 2021

1 of 1 wells

Last completion to plug: a median of 17.7 years across the 1 well that filed both dates, with the middle half between 17.7 years and 17.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-49735497	10A	8,300 ft	Mar 2004	Nov 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 (219)

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

219 months


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	5	0	81.84	4.54	$409
Dec 2021	0	0	71.32	3.90	$0
Nov 2021	0	0	77.43	5.24	$0
Oct 2021	25	22	79.79	5.71	$2,120
Sep 2021	0	57	69.86	5.35	$305
Aug 2021	0	31	66.02	4.22	$131
Jul 2021	0	15	70.78	3.98	$60
Jun 2021	0	13	69.49	3.38	$44
May 2021	0	3	63.48	3.02	$9
Apr 2021	0	60	60.36	2.76	$166
Mar 2021	0	111	61.30	2.72	$302
Feb 2021	0	10	57.80	5.55	$55
Jan 2021	0	17	50.41	2.81	$48
Dec 2020	0	17	44.64	2.68	$45
Nov 2020	0	97	38.77	2.71	$263
Oct 2020	0	0	36.97	2.48	$0
Sep 2020	0	0	37.09	1.99	$0
Aug 2020	0	0	39.98	2.39	$0
Jul 2020	0	0	38.37	1.83	$0
Jun 2020	0	0	34.90	1.69	$0
May 2020	0	0	16.92	1.81	$0
Apr 2020	0	0	14.75	1.80	$0
Mar 2020	0	0	30.34	1.86	$0
Feb 2020	0	30	49.88	1.98	$59
Jan 2020	0	0	57.25	2.09	$0
Dec 2019	0	0	59.01	2.30	$0
Nov 2019	0	11	55.30	2.75	$30
Oct 2019	0	0	53.47	2.42	$0
Sep 2019	0	0	55.05	2.66	$0
Aug 2019	0	52	53.11	2.30	$120
Jul 2019	0	59	56.27	2.46	$145
Jun 2019	0	29	52.78	2.49	$72
May 2019	0	32	58.48	2.74	$88
Apr 2019	0	29	62.63	2.75	$80
Mar 2019	0	36	56.80	3.06	$110
Feb 2019	0	51	50.85	2.79	$142
Jan 2019	0	43	46.03	3.23	$139
Dec 2018	9	16	46.59	4.19	$486
Nov 2018	0	0	52.93	4.24	$0
Oct 2018	0	40	61.44	3.40	$136
Sep 2018	0	46	59.54	3.11	$143
Aug 2018	0	48	59.40	3.07	$147
Jul 2018	0	32	65.14	2.93	$94
Jun 2018	0	52	60.18	3.08	$160
May 2018	0	22	65.38	2.90	$64
Apr 2018	0	66	63.84	2.90	$191
Mar 2018	0	38	61.22	2.79	$106
Feb 2018	0	33	61.78	2.77	$91
Jan 2018	0	57	62.87	4.01	$229
Dec 2017	0	0	57.27	2.92	$0
Nov 2017	0	47	55.42	3.12	$147
Oct 2017	0	166	49.29	2.98	$495
Sep 2017	32	13	47.52	3.09	$1,561
Aug 2017	0	59	45.37	3.00	$177
Jul 2017	0	37	43.87	3.09	$114
Jun 2017	0	67	42.49	3.09	$207
May 2017	0	106	45.37	3.26	$346
Apr 2017	0	19	47.93	3.21	$61
Mar 2017	0	6	46.77	2.98	$18
Feb 2017	0	155	50.45	2.95	$458
Jan 2017	0	23	49.41	3.42	$79
Dec 2016	0	67	48.76	3.72	$249
Nov 2016	0	74	42.49	2.64	$196
Oct 2016	0	71	46.19	3.09	$219
Sep 2016	0	75	41.55	3.10	$233
Aug 2016	0	73	41.44	2.92	$213
Jul 2016	0	71	41.62	2.92	$208
Jun 2016	0	74	45.35	2.69	$199
May 2016	87	76	42.52	1.99	$3,851
Apr 2016	0	70	36.56	1.99	$139
Mar 2016	0	75	33.01	1.79	$135
Feb 2016	0	72	26.47	2.06	$149
Jan 2016	0	67	27.35	2.36	$158
Dec 2015	0	62	32.36	2.00	$124
Nov 2015	0	83	38.79	2.17	$180
Oct 2015	0	100	43.55	2.43	$243
Sep 2015	0	76	42.99	2.76	$210
Aug 2015	0	110	40.16	2.87	$316
Jul 2015	0	182	48.15	2.95	$536
Jun 2015	0	271	56.15	2.88	$781
May 2015	0	16	55.21	2.96	$47
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	82	7	42.89	2.93	$3,538
Feb 2015	0	10	44.66	2.98	$30
Jan 2015	0	12	43.43	3.10	$37
Dec 2014	0	18	54.69	3.59	$65
Nov 2014	0	45	70.46	4.25	$191
Oct 2014	0	784	78.30	3.90	$3,058
Sep 2014	0	1,588	86.16	4.05	$6,424
Aug 2014	0	1,419	89.39	4.04	$5,726
Jul 2014	80	1,646	96.56	4.18	$14,604
Jun 2014	0	1,062	98.16	4.74	$5,031
May 2014	0	1,423	94.73	4.73	$6,726
Apr 2014	0	1,305	95.94	4.81	$6,276
Mar 2014	0	1,306	95.89	5.06	$6,604
Feb 2014	0	910	97.40	6.19	$5,635
Jan 2014	0	600	90.40	4.86	$2,916
Dec 2013	86	1,264	91.82	4.35	$13,401
Nov 2013	0	741	88.85	3.74	$2,770
Oct 2013	0	1,209	97.42	3.78	$4,569
Sep 2013	0	1,581	104.11	3.72	$5,878
Aug 2013	0	1,112	104.25	3.52	$3,917
Jul 2013	0	1,695	102.52	3.72	$6,302
Jun 2013	0	1,400	94.40	3.93	$5,507
May 2013	86	1,248	94.83	4.15	$13,333
Apr 2013	0	1,574	93.96	4.28	$6,741
Mar 2013	0	1,538	93.62	3.91	$6,018
Feb 2013	85	3,764	91.23	3.42	$20,627
Jan 2013	84	5,877	91.60	3.42	$27,793
Dec 2012	0	4,014	86.77	3.42	$13,729
Nov 2012	0	6,444	86.95	3.62	$23,359
Oct 2012	0	9,859	89.38	3.40	$33,517
Sep 2012	0	9,683	94.67	2.92	$28,259
Aug 2012	0	9,281	92.66	2.91	$26,991
Jul 2012	0	8,004	85.13	3.02	$24,178
Jun 2012	0	5,462	79.82	2.52	$13,759
May 2012	0	6,490	91.61	2.49	$16,149
Apr 2012	72	7,331	101.65	2.00	$21,957
Mar 2012	0	4,410	105.05	2.22	$9,799
Feb 2012	0	2,039	101.10	2.57	$5,241
Jan 2012	0	2,015	98.09	2.73	$5,509
Dec 2011	0	862	96.87	3.24	$2,793
Nov 2011	3	1,227	95.72	3.31	$4,350
Oct 2011	0	2,033	84.98	3.65	$7,417
Sep 2011	37	1,119	83.62	3.99	$7,554
Aug 2011	2	1,405	83.40	4.15	$5,997
Jul 2011	0	1,787	94.14	4.52	$8,072
Jun 2011	3	1,427	92.90	4.64	$6,900
May 2011	0	56	98.13	4.40	$247
Apr 2011	0	0	105.96	4.33	$0
Mar 2011	97	868	96.36	4.06	$12,869
Feb 2011	2	793	85.64	4.18	$3,486
Jan 2011	2	1,502	86.50	4.59	$7,065
Dec 2010	3	1,284	85.73	4.35	$5,840
Nov 2010	0	1,493	80.84	3.80	$5,666
Oct 2010	71	2,057	78.10	3.51	$12,763
Sep 2010	2	1,966	72.63	3.98	$7,969
Aug 2010	0	1,920	73.68	4.42	$8,485
Jul 2010	3	1,752	72.55	4.74	$8,516
Jun 2010	1	1,538	70.36	4.91	$7,623
May 2010	1	1,101	71.12	4.24	$4,734
Apr 2010	116	1,792	81.69	4.12	$16,864
Mar 2010	2	2,234	78.39	4.39	$9,961
Feb 2010	3	1,793	73.58	5.44	$9,979
Jan 2010	0	2,645	74.36	5.96	$15,775
Dec 2009	79	1,429	71.44	5.48	$13,480
Nov 2009	3	2,295	74.59	3.75	$8,833
Oct 2009	0	2,444	72.54	4.11	$10,045
Sep 2009	75	1,799	65.54	3.06	$10,429
Aug 2009	1	2,388	67.42	3.22	$7,753
Jul 2009	0	2,452	61.13	3.46	$8,495
Jun 2009	73	2,335	66.16	3.90	$13,925
May 2009	0	2,108	54.74	3.93	$8,275
Apr 2009	0	1,184	46.77	3.59	$4,248
Mar 2009	0	1,331	42.14	4.06	$5,403
Feb 2009	70	921	32.81	4.63	$6,564
Jan 2009	0	869	35.86	5.37	$4,667
Dec 2008	63	2,257	37.10	5.98	$15,828
Nov 2008	0	275	55.49	6.86	$1,887
Oct 2008	0	809	75.24	6.92	$5,600
Sep 2008	48	906	101.76	7.88	$12,021
Aug 2008	0	563	114.22	8.48	$4,776
Jul 2008	0	500	131.08	11.39	$5,695
Jun 2008	0	226	131.33	13.03	$2,945
May 2008	34	613	123.17	11.57	$11,283
Apr 2008	0	127	110.31	10.45	$1,328
Mar 2008	41	946	101.90	9.66	$13,320
Feb 2008	54	1,103	92.53	8.77	$14,671
Jan 2008	0	1,876	90.38	8.21	$15,394
Dec 2007	51	1,313	88.33	7.30	$14,092
Nov 2007	3	464	91.67	7.29	$3,658
Oct 2007	59	1,282	82.85	6.92	$13,762
Sep 2007	7	2,216	75.84	6.24	$14,368
Aug 2007	8	1,270	69.06	6.39	$8,665
Jul 2007	39	1,176	70.90	6.39	$10,277
Jun 2007	64	2,376	62.00	7.55	$21,903
May 2007	0	2,375	58.74	7.85	$18,635
Apr 2007	9	2,352	59.61	7.81	$18,894
Mar 2007	70	1,126	56.92	7.30	$12,206
Feb 2007	35	552	55.10	8.22	$6,464
Jan 2007	0	433	50.30	6.73	$2,913
Dec 2006	0	1,577	56.65	6.92	$10,910
Nov 2006	17	1,356	54.20	7.62	$11,251
Oct 2006	0	1,275	54.90	6.01	$7,668
Sep 2006	0	1,188	60.08	5.04	$5,984
Aug 2006	0	1,182	68.71	7.34	$8,676
Jul 2006	10	1,260	69.37	6.34	$8,686
Jun 2006	0	1,139	66.28	6.38	$7,271
May 2006	0	1,395	66.01	6.42	$8,963
Apr 2006	0	1,308	64.39	7.36	$9,628
Mar 2006	24	515	56.70	7.08	$5,009
Feb 2006	0	50	57.59	7.75	$388
Jan 2006	0	264	60.59	8.93	$2,358
Dec 2005	3	103	54.94	13.42	$1,547
Nov 2005	0	42	54.69	10.59	$445
Oct 2005	32	75	58.34	13.80	$2,902
Sep 2005	0	47	61.45	12.08	$568
Aug 2005	0	29	61.51	9.80	$284
Jul 2005	0	0	55.69	7.84	$0
Jun 2005	0	3,299	52.33	7.38	$24,350
May 2005	0	11,716	45.22	6.65	$77,925
Apr 2005	0	3,094	49.20	7.36	$22,773
Mar 2005	172	3,159	50.37	7.15	$31,266
Feb 2005	0	4,161	45.22	6.31	$26,264
Jan 2005	89	9,286	43.16	6.32	$62,549
Dec 2004	0	3,634	39.86	6.75	$24,533
Nov 2004	154	932	45.28	6.33	$12,873
Oct 2004	144	2,396	49.70	6.52	$22,767
Sep 2004	162	8,984	43.24	5.28	$54,475
Aug 2004	141	3,958	42.37	5.55	$27,944
Jul 2004	0	4,775	38.28	6.08	$29,052
Jun 2004	78	4,988	36.10	6.43	$34,904
May 2004	307	8,999	37.48	6.49	$69,951
Apr 2004	498	8,670	34.47	5.86	$67,959
Mar 2004	0	6,518	34.36	5.53	$36,045

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             5 bbl  × $ 81.84 =       $409
Gas                    0 Mcf  × $  4.54 =         $0

────────────────────────────────────────────────────
Month total                                     $409

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/202522 is the state's own key, not one this site invented.