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 61692District 09Field 34128300CondensateGasSaveExport
Value, all time
$133 k
Jan 1993 – Feb 2014
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
254
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
CondensateDisposition46 bbl$4,481
GasProduction35,897 Mcf$128,234
Total$132,716

9,944 Mcf of this lease's gas, across 45 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 33.2687, -97.3692. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.26872, -97.36925 · 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
6,957 ft
1 wells filed one
Completion to plug
38.9 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 6,957 ft.

Completions filed
Sep 1974
1 of 1 wells
Plug dates filed
Aug 2013
1 of 1 wells

Last completion to plug: a median of 38.9 years across the 1 well that filed both dates, with the middle half between 38.9 years and 38.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1213009956,957 ftSep 1974Aug 2013Yes

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 (254)

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

254 months

Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 201346097.423.78$4,481
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 201103698.134.40$159
Apr 20110115105.964.33$498
Mar 2011012896.364.06$519
Feb 2011012485.644.18$518
Jan 2011019986.504.59$913
Dec 2010016185.734.35$700
Nov 2010021580.843.80$816
Oct 2010019678.103.51$688
Sep 2010015572.633.98$617
Aug 2010014273.684.42$628
Jul 2010021472.554.74$1,014
Jun 2010014170.364.91$692
May 2010018071.124.24$762
Apr 2010019581.694.12$804
Mar 2010015378.394.39$671
Feb 2010013073.585.44$708
Jan 2010016674.365.96$990
Dec 2009020471.445.48$1,119
Nov 2009018274.593.75$683
Oct 2009021272.544.11$871
Sep 2009014765.543.06$451
Aug 2009015567.423.22$499
Jul 2009010061.133.46$346
Jun 2009018166.163.90$705
May 2009022454.743.93$879
Apr 2009017346.773.59$621
Mar 2009020942.144.06$848
Feb 2009022132.814.63$1,024
Jan 2009016735.865.37$897
Dec 2008018137.105.98$1,082
Nov 2008012455.496.86$851
Oct 2008010975.246.92$755
Sep 20080124101.767.88$977
Aug 20080114114.228.48$967
Jul 20080265131.0811.39$3,018
Jun 2008044131.3313.03$573
May 2008089123.1711.57$1,030
Apr 2008093110.3110.45$972
Mar 2008098101.909.66$947
Feb 200809892.538.77$860
Jan 2008012090.388.21$985
Dec 200701,07188.337.30$7,820
Nov 200706391.677.29$459
Oct 200706482.856.92$443
Sep 200708875.846.24$549
Aug 2007010869.066.39$690
Jul 2007027170.906.39$1,731
Jun 200708962.007.55$672
May 2007013658.747.85$1,067
Apr 2007020659.617.81$1,608
Mar 200708356.927.30$606
Feb 2007017455.108.22$1,430
Jan 2007017050.306.73$1,144
Dec 2006022356.656.92$1,543
Nov 2006043154.207.62$3,283
Oct 2006032754.906.01$1,967
Sep 2006027260.085.04$1,370
Aug 2006039068.717.34$2,863
Jul 2006038269.376.34$2,423
Jun 2006014766.286.38$938
May 2006026166.016.42$1,677
Apr 2006041564.397.36$3,055
Mar 2006021956.707.08$1,551
Feb 2006019357.597.75$1,496
Jan 2006020460.598.93$1,822
Dec 2005013654.9413.42$1,824
Nov 2005010354.6910.59$1,091
Oct 2005011858.3413.80$1,628
Sep 200509261.4512.08$1,111
Aug 200503861.519.80$372
Jul 200504855.697.84$376
Jun 200504652.337.38$340
May 200505445.226.65$359
Apr 200501349.207.36$96
Mar 200502850.377.15$200
Feb 200501845.226.31$114
Jan 200507443.166.32$468
Dec 200409039.866.75$608
Nov 200407945.286.33$500
Oct 2004012049.706.52$782
Sep 2004011343.245.28$597
Aug 200402242.375.55$122
Jul 200403538.286.08$213
Jun 200401536.106.43$97
May 200408437.486.49$546
Apr 200402634.475.86$152
Mar 2004012434.365.53$686
Feb 200405232.455.51$287
Jan 2004014532.036.30$913
Dec 2003010430.266.30$655
Nov 200308028.804.60$368
Oct 200305528.174.76$262
Sep 200302226.314.75$104
Aug 20030329.765.13$15
Jul 200306329.415.17$326
Jun 2003011528.565.98$688
May 2003016626.595.97$991
Apr 200306126.675.41$330
Mar 2003010131.146.10$616
Feb 2003015233.487.93$1,205
Jan 2003016430.315.58$915
Dec 2002019126.914.85$927
Nov 2002016724.664.14$691
Oct 2002018726.464.23$791
Sep 2002012227.443.64$443
Aug 2002012325.963.16$389
Jul 2002015924.583.06$487
Jun 2002021123.733.34$704
May 200202424.663.58$86
Apr 200205723.653.51$200
Mar 2002016722.003.10$518
Feb 2002010618.222.38$252
Jan 2002013417.172.38$318
Dec 200107816.932.36$184
Nov 2001013218.072.41$318
Oct 2001010619.782.53$268
Sep 2001012524.262.25$281
Aug 200107024.873.05$214
Jul 2001011223.933.20$358
Jun 200105424.563.82$207
May 200104125.524.31$177
Apr 200104824.685.34$256
Mar 2001013524.545.38$726
Feb 2001017527.755.77$1,009
Jan 200108027.478.40$672
Dec 2000010626.889.12$967
Nov 2000017932.215.66$1,013
Oct 20000031.235.15$0
Sep 200007431.875.19$384
Aug 2000016329.644.54$740
Jul 2000015628.534.09$638
Jun 2000010529.304.40$462
May 2000017927.263.68$659
Apr 20000024.513.12$0
Mar 2000013828.422.86$395
Feb 2000010927.622.73$297
Jan 2000014025.272.48$347
Dec 1999015024.282.42$364
Nov 1999015423.192.43$375
Oct 1999020520.982.80$575
Sep 199906921.752.62$181
Aug 1999016919.262.88$486
Jul 1999015117.892.37$358
Jun 1999014015.942.36$331
May 1999015315.792.32$355
Apr 199906515.102.21$144
Mar 1999015312.471.84$281
Feb 19990979.981.82$176
Jan 1999013810.381.90$262
Dec 199801279.201.77$225
Nov 199806210.892.19$136
Oct 1998020512.421.97$404
Sep 1998016012.592.08$333
Aug 1998019211.301.91$366
Jul 1998023211.742.24$519
Jun 1998032111.242.24$718
May 1998025012.622.21$552
Apr 1998043413.042.51$1,087
Mar 1998093912.802.31$2,169
Feb 1998016113.952.30$370
Jan 199808814.702.15$190
Dec 1997013716.322.41$330
Nov 1997012918.193.09$398
Oct 1997016719.253.15$526
Sep 1997016417.742.95$485
Aug 1997021317.862.55$544
Jul 1997012017.582.25$270
Jun 1997013817.242.26$311
May 1997020118.972.31$464
Apr 1997013217.882.08$275
Mar 1997019018.951.94$368
Feb 1997013420.492.21$296
Jan 1997023023.483.54$814
Dec 199607823.32$0
Nov 1996015921.97$0
Oct 1996018723.31$0
Sep 1996022622.22$0
Aug 1996033020.26$0
Jul 1996054719.55$0
Jun 1996031218.73$0
May 1996048619.43$0
Apr 1996059521.51$0
Mar 1996052419.38$0
Feb 1996020416.98$0
Jan 1996019817.07$0
Dec 1995022417.19$0
Nov 1995025216.00$0
Oct 1995022815.43$0
Sep 1995023016.18$0
Aug 1995028615.92$0
Jul 1995018415.24$0
Jun 1995023216.41$0
May 1995017517.56$0
Apr 1995020717.73$0
Mar 1995022916.44$0
Feb 1995019016.58$0
Jan 1995017515.92$0
Dec 1994028715.03$0
Nov 19940015.90$0
Oct 1994024215.58$0
Sep 1994010815.29$0
Aug 1994011116.13$0
Jul 1994017817.56$0
Jun 1994010517.09$0
May 1994022115.88$0
Apr 1994013614.14$0
Mar 19940012.46$0
Feb 1994019112.50$0
Jan 199401412.66$0
Dec 199309212.33$0
Nov 1993011414.49$0
Oct 1993012715.85$0
Sep 1993015415.03$0
Aug 1993010415.66$0
Jul 1993014515.46$0
Jun 1993014516.79$0
May 1993028517.68$0
Apr 19930018.05$0
Mar 1993025918.14$0
Feb 1993024517.90$0
Jan 1993022316.93$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            46 bbl  × $ 97.42 =     $4,481
Gas                    0 Mcf  × $  3.78 =         $0

────────────────────────────────────────────────────
Month total                                   $4,481

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/61692 is the state's own key, not one this site invented.