COCA COLA

Operated by OAKRIDGE OIL AND GAS, LP (P-5 617342) 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 225598District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$973 k
Sep 2006 – May 2019
Value, last 12 filed months
$1 k
at the published price for each month
Months reported
153
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 Gas112007-07-25178725
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
CondensateDisposition4,639 bbl$396,672
GasProduction103,541 Mcf$576,478
Total$973,149

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 33.1901, -98.0572. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.19011, -98.05717 · 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
6,417 ft
1 wells filed one
Completion to plug
12.7 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 6,417 ft.

Completions filed
Sep 2006
1 of 1 wells
Plug dates filed
May 2019
1 of 1 wells

Last completion to plug: a median of 12.7 years across the 1 well that filed both dates, with the middle half between 12.7 years and 12.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2373895356,417 ftSep 2006May 2019Yes

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 (153)

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

153 months

May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 201923050.852.79$1,170
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170343.873.09$9
Jun 20170042.493.09$0
May 20170145.373.26$3
Apr 20170047.933.21$0
Mar 20170346.772.98$9
Feb 20170050.452.95$0
Jan 20170149.413.42$3
Dec 20160048.763.72$0
Nov 20160142.492.64$3
Oct 20160146.193.09$3
Sep 20160041.553.10$0
Aug 20160141.442.92$3
Jul 20160041.622.92$0
Jun 20160345.352.69$8
May 20160142.521.99$2
Apr 20160036.561.99$0
Mar 20160233.011.79$4
Feb 20160026.472.06$0
Jan 201602527.352.36$59
Dec 20150732.362.00$14
Nov 20150038.792.17$0
Oct 201506743.552.43$163
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 201502148.152.95$62
Jun 20150056.152.88$0
May 201503855.212.96$112
Apr 20150049.822.71$0
Mar 2015064442.892.93$1,890
Feb 2015061244.662.98$1,821
Jan 20150143.433.10$3
Dec 2014015954.693.59$571
Nov 20140070.464.25$0
Oct 201460078.303.90$4,698
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20141095.944.81$96
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130388.853.74$11
Oct 2013077697.423.78$2,933
Sep 2013051104.113.72$190
Aug 201389714104.253.52$11,793
Jul 20130846102.523.72$3,145
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20134317593.623.91$4,710
Feb 20137165591.233.42$8,717
Jan 2013049591.603.42$1,693
Dec 201216770486.773.42$16,898
Nov 2012121,22286.953.62$5,473
Oct 20121551,39289.383.40$18,586
Sep 201201194.672.92$32
Aug 201209992.662.91$288
Jul 2012044785.133.02$1,350
Jun 20123359679.822.52$4,135
May 2012065791.612.49$1,635
Apr 20120965101.652.00$1,927
Mar 2012351844105.052.22$38,748
Feb 20123565101.102.57$3,706
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 201156783.623.99$4,711
Aug 201119159483.404.15$18,394
Jul 201120176594.144.52$22,378
Jun 201138180992.904.64$39,149
May 201128624598.134.40$29,144
Apr 20117469105.964.33$8,140
Mar 201137112296.364.06$36,245
Feb 201106085.644.18$251
Jan 201109686.504.59$441
Dec 20101751785.734.35$15,077
Nov 201001380.843.80$49
Oct 2010025078.103.51$877
Sep 201017231772.633.98$13,754
Aug 201035764873.684.42$29,168
Jul 201035764072.554.74$28,932
Jun 201029764070.364.91$24,040
May 201029153471.124.24$22,958
Apr 201017531381.694.12$15,586
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 2009048074.593.75$1,801
Oct 200902,42472.544.11$9,963
Sep 200901,88465.543.06$5,774
Aug 20091412,15967.423.22$16,455
Jul 200903,11761.133.46$10,799
Jun 200902,87366.163.90$11,190
May 2009011,25954.743.93$44,200
Apr 200902,91446.773.59$10,454
Mar 200907,41242.144.06$30,085
Feb 200903,97332.814.63$18,407
Jan 200902,49535.865.37$13,401
Dec 20084437.105.98$172
Nov 2008028055.496.86$1,921
Oct 200803,38975.246.92$23,459
Sep 200802,421101.767.88$19,070
Aug 200802,410114.228.48$20,444
Jul 20080867131.0811.39$9,875
Jun 200801,810131.3313.03$23,589
May 20080780123.1711.57$9,028
Apr 2008160110.3110.45$1,765
Mar 200820101.909.66$204
Feb 200804692.538.77$403
Jan 20085139890.388.21$7,875
Dec 2007178288.337.30$5,798
Nov 2007066691.677.29$4,856
Oct 2007041082.856.92$2,838
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 200704,58762.007.55$34,625
May 2007010,04758.747.85$78,832
Apr 200702,29859.617.81$17,936
Mar 200704,48956.927.30$32,779
Feb 200701,42655.108.22$11,716
Jan 20070150.306.73$7
Dec 20060056.656.92$0
Nov 200604,02554.207.62$30,660
Oct 200601,89354.906.01$11,384
Sep 200601,07560.085.04$5,415

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.

Feb 2019 — as filed, then multipliedworked
Condensate            23 bbl  × $ 50.85 =     $1,170
Gas                    0 Mcf  × $  2.79 =         $0

────────────────────────────────────────────────────
Month total                                   $1,170

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/225598 is the state's own key, not one this site invented.