COLE, M. T. TRUST

Operated by TEJAS WESTERN CORP. (P-5 841335) in the GAS FINDERS (CONGL.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 58566District 09Field 34128300CondensateGasSaveExport
Value, all time
$131 k
Jan 1993 – Dec 2013
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
252
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 106 leases and 106 wells, and the rule below applies to all of them.

Discovered
1974-09-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 160 acres.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA SUSPENDED ADMINISTRATIVELY EFFECTIVE 7/1/93.

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
CondensateDisposition35 bbl$3,410
GasProduction62,292 Mcf$127,246
Total$130,656

27,753 Mcf of this lease's gas, across 47 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 33.2861, -97.3763. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.28605, -97.37628 · 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
6,996 ft
1 wells filed one
Completion to plug
38.6 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 6,996 ft.

Completions filed
Dec 1973
1 of 1 wells
Plug dates filed
Jul 2012
1 of 1 wells

Last completion to plug: a median of 38.6 years across the 1 well that filed both dates, with the middle half between 38.6 years and 38.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1213006026,996 ftDec 1973Jul 2012Yes

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 (252)

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

252 months

Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 201335097.423.78$3,410
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 201003972.633.98$155
Aug 20100073.684.42$0
Jul 201005372.554.74$251
Jun 201003570.364.91$172
May 201004571.124.24$191
Apr 201004981.694.12$202
Mar 201003878.394.39$167
Feb 201003373.585.44$180
Jan 201004274.365.96$250
Dec 200905171.445.48$280
Nov 200904674.593.75$173
Oct 200905372.544.11$218
Sep 200903765.543.06$113
Aug 200903967.423.22$126
Jul 200902561.133.46$87
Jun 200904566.163.90$175
May 200905654.743.93$220
Apr 200904346.773.59$154
Mar 200905242.144.06$211
Feb 200905532.814.63$255
Jan 200904235.865.37$226
Dec 200804537.105.98$269
Nov 200804155.496.86$281
Oct 200803675.246.92$249
Sep 2008062101.767.88$488
Aug 2008057114.228.48$484
Jul 2008044131.0811.39$501
Jun 2008044131.3313.03$573
May 2008044123.1711.57$509
Apr 2008046110.3110.45$481
Mar 2008049101.909.66$474
Feb 200804992.538.77$430
Jan 200806090.388.21$492
Dec 200704988.337.30$358
Nov 200703191.677.29$226
Oct 200706482.856.92$443
Sep 200702975.846.24$181
Aug 200705469.066.39$345
Jul 200705470.906.39$345
Jun 200704562.007.55$340
May 200704558.747.85$353
Apr 200705259.617.81$406
Mar 200702856.927.30$204
Feb 200705855.108.22$477
Jan 200705750.306.73$383
Dec 200604556.656.92$311
Nov 200604854.207.62$366
Oct 200604154.906.01$247
Sep 200603060.085.04$151
Aug 200603968.717.34$286
Jul 200602769.376.34$171
Jun 200602766.286.38$172
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 200601856.707.08$127
Feb 200603257.597.75$248
Jan 200603460.598.93$304
Dec 2005013654.9413.42$1,824
Nov 2005013254.6910.59$1,398
Oct 2005011858.3413.80$1,628
Sep 2005014561.4512.08$1,751
Aug 200505961.519.80$578
Jul 200507455.697.84$580
Jun 20050652.337.38$44
May 2005021645.226.65$1,437
Apr 2005019449.207.36$1,428
Mar 2005017950.377.15$1,281
Feb 2005020745.226.31$1,307
Jan 200501243.166.32$76
Dec 200407239.866.75$486
Nov 200406445.286.33$405
Oct 2004022649.706.52$1,472
Sep 2004020943.245.28$1,104
Aug 2004019742.375.55$1,093
Jul 2004011638.286.08$706
Jun 2004037336.106.43$2,400
May 2004018237.486.49$1,182
Apr 2004028634.475.86$1,676
Mar 200403134.365.53$171
Feb 200401332.455.51$72
Jan 200402932.036.30$183
Dec 200301230.266.30$76
Nov 2003012028.804.60$551
Oct 20030028.174.76$0
Sep 200304926.314.75$233
Aug 20030029.765.13$0
Jul 2003018829.415.17$972
Jun 2003013928.565.98$832
May 2003019426.595.97$1,159
Apr 2003021326.675.41$1,152
Mar 2003012131.146.10$738
Feb 2003020333.487.93$1,609
Jan 2003039430.315.58$2,199
Dec 2002040126.914.85$1,946
Nov 2002041924.664.14$1,733
Oct 20020026.464.23$0
Sep 2002017027.443.64$618
Aug 2002014425.963.16$456
Jul 2002018524.583.06$566
Jun 20020023.733.34$0
May 20020824.663.58$29
Apr 20020523.653.51$18
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010818.072.41$19
Oct 200106319.782.53$159
Sep 200105824.262.25$131
Aug 200105824.873.05$177
Jul 200105523.933.20$176
Jun 200106324.563.82$241
May 200106025.524.31$258
Apr 2001023324.685.34$1,243
Mar 2001019624.545.38$1,054
Feb 200103927.755.77$225
Jan 200109927.478.40$831
Dec 2000014426.889.12$1,314
Nov 2000015932.215.66$900
Oct 2000044631.235.15$2,295
Sep 2000054331.875.19$2,816
Aug 2000057229.644.54$2,597
Jul 2000063228.534.09$2,585
Jun 2000071029.304.40$3,122
May 20000027.263.68$0
Apr 2000030124.513.12$938
Mar 2000042928.422.86$1,227
Feb 2000040527.622.73$1,104
Jan 2000053025.272.48$1,315
Dec 1999056224.282.42$1,362
Nov 1999052723.192.43$1,283
Oct 1999066820.982.80$1,873
Sep 1999063221.752.62$1,655
Aug 1999053519.262.88$1,538
Jul 1999055617.892.37$1,319
Jun 1999074715.942.36$1,764
May 1999063715.792.32$1,478
Apr 1999044415.102.21$980
Mar 1999026412.471.84$485
Feb 199901759.981.82$318
Jan 1999028010.381.90$532
Dec 199804269.201.77$755
Nov 1998062710.892.19$1,370
Oct 1998056212.421.97$1,107
Sep 1998067912.592.08$1,414
Aug 1998066611.301.91$1,270
Jul 1998082511.742.24$1,846
Jun 1998076011.242.24$1,700
May 1998080412.622.21$1,774
Apr 1998059613.042.51$1,493
Mar 1998025912.802.31$598
Feb 1998082013.952.30$1,885
Jan 1998049014.702.15$1,056
Dec 1997074916.322.41$1,806
Nov 1997060718.193.09$1,875
Oct 1997053219.253.15$1,676
Sep 1997073817.742.95$2,181
Aug 1997047617.862.55$1,216
Jul 1997050217.582.25$1,128
Jun 1997041017.242.26$925
May 1997049818.972.31$1,150
Apr 1997058317.882.08$1,214
Mar 1997049218.951.94$954
Feb 1997050220.492.21$1,107
Jan 1997050323.483.54$1,780
Dec 1996051723.32$0
Nov 1996050621.97$0
Oct 1996070823.31$0
Sep 1996059322.22$0
Aug 1996070420.26$0
Jul 1996064119.55$0
Jun 1996043418.73$0
May 1996078019.43$0
Apr 1996082521.51$0
Mar 1996062219.38$0
Feb 1996053416.98$0
Jan 1996042517.07$0
Dec 1995059817.19$0
Nov 1995033616.00$0
Oct 1995053815.43$0
Sep 1995057416.18$0
Aug 1995044415.92$0
Jul 1995039515.24$0
Jun 1995054216.41$0
May 1995067117.56$0
Apr 1995042317.73$0
Mar 1995041416.44$0
Feb 1995037316.58$0
Jan 1995041615.92$0
Dec 1994058115.03$0
Nov 1994063915.90$0
Oct 1994079915.58$0
Sep 1994090215.29$0
Aug 1994092716.13$0
Jul 199401,00317.56$0
Jun 1994054517.09$0
May 1994047015.88$0
Apr 1994057814.14$0
Mar 19940012.46$0
Feb 1994047612.50$0
Jan 1994066912.66$0
Dec 1993046112.33$0
Nov 1993055514.49$0
Oct 1993054215.85$0
Sep 1993048715.03$0
Aug 1993063115.66$0
Jul 1993073315.46$0
Jun 1993059416.79$0
May 1993062017.68$0
Apr 1993047218.05$0
Mar 1993064918.14$0
Feb 1993058817.90$0
Jan 1993081916.93$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.

Oct 2013 — as filed, then multipliedworked
Condensate            35 bbl  × $ 97.42 =     $3,410
Gas                    0 Mcf  × $  3.78 =         $0

────────────────────────────────────────────────────
Month total                                   $3,410

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/58566 is the state's own key, not one this site invented.