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 225604District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.7 M
Sep 2006 – Jan 2020
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
161
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 Gas112007-07-25178724
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
CondensateDisposition12,806 bbl$1,071,618
GasProduction118,850 Mcf$667,988
Total$1,739,606

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 33.1893, -98.0616. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.18928, -98.06162 · 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
6,312 ft
1 wells filed one
Completion to plug
13.3 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 6,312 ft.

Completions filed
Sep 2006
1 of 1 wells
Plug dates filed
Jan 2020
1 of 1 wells

Last completion to plug: a median of 13.3 years across the 1 well that filed both dates, with the middle half between 13.3 years and 13.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2373895246,312 ftSep 2006Jan 2020Yes

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 (161)

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

161 months

Jan 20200057.252.09$0
Dec 201920059.012.30$1,180
Nov 20190055.302.75$0
Oct 2019631453.472.42$3,402
Sep 20190155.052.66$3
Aug 20190653.112.30$14
Jul 201902456.272.46$59
Jun 20190352.782.49$7
May 20190058.482.74$0
Apr 20190362.632.75$8
Mar 20190056.803.06$0
Feb 20190050.852.79$0
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 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160141.442.92$3
Jul 20160341.622.92$9
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 201604027.352.36$95
Dec 201506332.362.00$126
Nov 201506038.792.17$130
Oct 201506243.552.43$150
Sep 201506042.992.76$166
Aug 201506540.162.87$187
Jul 201509048.152.95$265
Jun 201512410356.152.88$7,260
May 2015016155.212.96$476
Apr 2015022849.822.71$617
Mar 2015034842.892.93$1,021
Feb 2015033144.662.98$985
Jan 2015038543.433.10$1,194
Dec 2014040354.693.59$1,447
Nov 201412439870.464.25$10,429
Oct 2014041678.303.90$1,623
Sep 201423638486.164.05$21,887
Aug 2014034689.394.04$1,396
Jul 2014066596.564.18$2,779
Jun 2014029998.164.74$1,416
May 2014013194.734.73$619
Apr 2014011595.944.81$553
Mar 20141728795.895.06$16,933
Feb 201408897.406.19$545
Jan 2014026490.404.86$1,283
Dec 2013020191.824.35$875
Nov 20130088.853.74$0
Oct 201301,00997.423.78$3,813
Sep 20131781,253104.113.72$23,190
Aug 201311,298104.253.52$4,677
Jul 2013168844102.523.72$20,361
Jun 201301,07994.403.93$4,244
May 201301,14594.834.15$4,751
Apr 20131761,27393.964.28$21,989
Mar 20131781,07793.623.91$20,879
Feb 2013019991.233.42$681
Jan 20131621,13791.603.42$18,728
Dec 20121751,53986.773.42$20,448
Nov 20121771,50786.953.62$20,853
Oct 201201,21689.383.40$4,134
Sep 20121771,49394.672.92$21,114
Aug 20121771,57092.662.91$20,967
Jul 20121761,62785.133.02$19,898
Jun 20121741,61479.822.52$17,954
May 201201,29891.612.49$3,230
Apr 20122891,461101.652.00$32,294
Mar 20121721,023105.052.22$20,342
Feb 20120901101.102.57$2,316
Jan 20128526598.092.73$9,062
Dec 20111731,55096.873.24$21,780
Nov 201101,53195.723.31$5,070
Oct 20113371,64584.983.65$34,640
Sep 20111671,63283.623.99$20,469
Aug 20113051,33283.404.15$30,964
Jul 20113791,56594.144.52$42,749
Jun 20112251,36692.904.64$27,241
May 20113731,36798.134.40$42,624
Apr 20116921,773105.964.33$81,007
Mar 20116892,44596.364.06$76,312
Feb 20111593285.644.18$13,751
Jan 201103086.504.59$138
Dec 2010014785.734.35$639
Nov 2010069080.843.80$2,619
Oct 201012030878.103.51$10,453
Sep 201017586872.633.98$16,164
Aug 20104921,05473.684.42$40,909
Jul 201036189172.554.74$30,411
Jun 201018572270.364.91$16,562
May 201038288571.124.24$30,916
Apr 20103691,13381.694.12$34,815
Mar 201042468478.394.39$36,239
Feb 201037046873.585.44$29,772
Jan 201056098274.365.96$47,498
Dec 200932266071.445.48$26,623
Nov 200971821974.593.75$54,377
Oct 20091,43243572.544.11$105,665
Sep 2009011765.543.06$359
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 200903366.163.90$129
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 200901,31032.814.63$6,069
Jan 200901,64035.865.37$8,808
Dec 200801,43737.105.98$8,589
Nov 200801,68855.496.86$11,580
Oct 200801,17275.246.92$8,113
Sep 20080484101.767.88$3,813
Aug 200802,243114.228.48$19,027
Jul 200801,833131.0811.39$20,877
Jun 200801,290131.3313.03$16,812
May 20080499123.1711.57$5,776
Apr 2008400110.3110.45$4,412
Mar 200801,558101.909.66$15,057
Feb 2008074092.538.77$6,490
Jan 200802,43890.388.21$20,006
Dec 200701,72288.337.30$12,574
Nov 200701,35691.677.29$9,888
Oct 200701,24282.856.92$8,597
Sep 2007168075.846.24$4,322
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 200709,51662.007.55$71,831
May 200707,95558.747.85$62,417
Apr 20071521,09959.617.81$17,639
Mar 2007014256.927.30$1,037
Feb 200702,50855.108.22$20,606
Jan 200703,02350.306.73$20,335
Dec 200602,48256.656.92$17,172
Nov 200602,03754.207.62$15,517
Oct 200603,46954.906.01$20,862
Sep 200605,04760.085.04$25,423

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.

Dec 2019 — as filed, then multipliedworked
Condensate            20 bbl  × $ 59.01 =     $1,180
Gas                    0 Mcf  × $  2.30 =         $0

────────────────────────────────────────────────────
Month total                                   $1,180

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/225604 is the state's own key, not one this site invented.