COLE, M. T. TRUST

Name: COLE, M. T. TRUST lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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 63276District 09Field 34128300CondensateGasSave Export

Value, all time

$607 k

Jan 1993 – Dec 2013

Value, last 12 filed months

$8 k

at the published price for each month

Months reported

252

no gaps in the span

Streams

condensate, gas

The GAS FINDERS (CONGL.) 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 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.

Stream	Basis	Volume	Value
Condensate	Disposition	87 bbl	$8,476
Gas	Production	266,298 Mcf	$598,442
Total			$606,917

102,193 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 33.2726, -97.3835. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.27260, -97.38349 · 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

7,002 ft

1 wells filed one

Completion to plug

36.9 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 7,002 ft.

Completions filed

Aug 1975

1 of 1 wells

Plug dates filed

Jul 2012

1 of 1 wells

Last completion to plug: a median of 36.9 years across the 1 well that filed both dates, with the middle half between 36.9 years and 36.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-12130123	6	7,002 ft	Aug 1975	Jul 2012	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 (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 2013	0	0	91.82	4.35	$0
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	87	0	97.42	3.78	$8,476
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	0	105.96	4.33	$0
Mar 2011	0	0	96.36	4.06	$0
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	0	0	86.50	4.59	$0
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	0	0	78.10	3.51	$0
Sep 2010	0	78	72.63	3.98	$310
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	0	107	72.55	4.74	$507
Jun 2010	0	71	70.36	4.91	$349
May 2010	0	90	71.12	4.24	$381
Apr 2010	0	97	81.69	4.12	$400
Mar 2010	0	77	78.39	4.39	$338
Feb 2010	0	65	73.58	5.44	$354
Jan 2010	0	83	74.36	5.96	$495
Dec 2009	0	102	71.44	5.48	$559
Nov 2009	0	91	74.59	3.75	$341
Oct 2009	0	106	72.54	4.11	$436
Sep 2009	0	74	65.54	3.06	$227
Aug 2009	0	78	67.42	3.22	$251
Jul 2009	0	50	61.13	3.46	$173
Jun 2009	0	90	66.16	3.90	$351
May 2009	0	112	54.74	3.93	$440
Apr 2009	0	87	46.77	3.59	$312
Mar 2009	0	104	42.14	4.06	$422
Feb 2009	0	491	32.81	4.63	$2,275
Jan 2009	0	84	35.86	5.37	$451
Dec 2008	0	90	37.10	5.98	$538
Nov 2008	0	83	55.49	6.86	$569
Oct 2008	0	72	75.24	6.92	$498
Sep 2008	0	186	101.76	7.88	$1,465
Aug 2008	0	171	114.22	8.48	$1,451
Jul 2008	0	132	131.08	11.39	$1,503
Jun 2008	0	132	131.33	13.03	$1,720
May 2008	0	133	123.17	11.57	$1,539
Apr 2008	0	139	110.31	10.45	$1,453
Mar 2008	0	147	101.90	9.66	$1,421
Feb 2008	0	98	92.53	8.77	$860
Jan 2008	0	181	90.38	8.21	$1,485
Dec 2007	0	97	88.33	7.30	$708
Nov 2007	0	157	91.67	7.29	$1,145
Oct 2007	0	128	82.85	6.92	$886
Sep 2007	0	118	75.84	6.24	$737
Aug 2007	0	216	69.06	6.39	$1,380
Jul 2007	0	217	70.90	6.39	$1,386
Jun 2007	0	89	62.00	7.55	$672
May 2007	0	91	58.74	7.85	$714
Apr 2007	0	103	59.61	7.81	$804
Mar 2007	0	55	56.92	7.30	$402
Feb 2007	0	116	55.10	8.22	$953
Jan 2007	0	113	50.30	6.73	$760
Dec 2006	0	134	56.65	6.92	$927
Nov 2006	0	144	54.20	7.62	$1,097
Oct 2006	0	41	54.90	6.01	$247
Sep 2006	0	211	60.08	5.04	$1,063
Aug 2006	0	195	68.71	7.34	$1,431
Jul 2006	0	109	69.37	6.34	$691
Jun 2006	0	53	66.28	6.38	$338
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	37	56.70	7.08	$262
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	68	60.59	8.93	$607
Dec 2005	0	45	54.94	13.42	$604
Nov 2005	0	99	54.69	10.59	$1,048
Oct 2005	0	99	58.34	13.80	$1,366
Sep 2005	0	77	61.45	12.08	$930
Aug 2005	0	174	61.51	9.80	$1,705
Jul 2005	0	217	55.69	7.84	$1,702
Jun 2005	0	173	52.33	7.38	$1,277
May 2005	0	146	45.22	6.65	$971
Apr 2005	0	90	49.20	7.36	$662
Mar 2005	0	109	50.37	7.15	$780
Feb 2005	0	144	45.22	6.31	$909
Jan 2005	0	619	43.16	6.32	$3,913
Dec 2004	0	793	39.86	6.75	$5,354
Nov 2004	0	699	45.28	6.33	$4,425
Oct 2004	0	436	49.70	6.52	$2,841
Sep 2004	0	809	43.24	5.28	$4,275
Aug 2004	0	809	42.37	5.55	$4,490
Jul 2004	0	650	38.28	6.08	$3,955
Jun 2004	0	89	36.10	6.43	$573
May 2004	0	588	37.48	6.49	$3,819
Apr 2004	0	1,587	34.47	5.86	$9,297
Mar 2004	0	1,484	34.36	5.53	$8,207
Feb 2004	0	627	32.45	5.51	$3,455
Jan 2004	0	1,416	32.03	6.30	$8,920
Dec 2003	0	461	30.26	6.30	$2,905
Nov 2003	0	310	28.80	4.60	$1,425
Oct 2003	0	345	28.17	4.76	$1,642
Sep 2003	0	179	26.31	4.75	$850
Aug 2003	0	246	29.76	5.13	$1,262
Jul 2003	0	689	29.41	5.17	$3,563
Jun 2003	0	1,132	28.56	5.98	$6,773
May 2003	0	1,331	26.59	5.97	$7,950
Apr 2003	0	1,644	26.67	5.41	$8,890
Mar 2003	0	830	31.14	6.10	$5,060
Feb 2003	0	1,191	33.48	7.93	$9,440
Jan 2003	0	1,282	30.31	5.58	$7,156
Dec 2002	0	2,081	26.91	4.85	$10,101
Nov 2002	0	2,093	24.66	4.14	$8,659
Oct 2002	0	1,910	26.46	4.23	$8,078
Sep 2002	0	1,167	27.44	3.64	$4,242
Aug 2002	0	1,214	25.96	3.16	$3,841
Jul 2002	0	1,560	24.58	3.06	$4,776
Jun 2002	0	2,015	23.73	3.34	$6,727
May 2002	0	1,214	24.66	3.58	$4,351
Apr 2002	0	1,739	23.65	3.51	$6,108
Mar 2002	0	2,432	22.00	3.10	$7,546
Feb 2002	0	1,696	18.22	2.38	$4,029
Jan 2002	0	1,607	17.17	2.38	$3,818
Dec 2001	0	2,104	16.93	2.36	$4,975
Nov 2001	0	1,421	18.07	2.41	$3,418
Oct 2001	0	2,007	19.78	2.53	$5,075
Sep 2001	0	1,776	24.26	2.25	$3,998
Aug 2001	0	2,130	24.87	3.05	$6,503
Jul 2001	0	1,858	23.93	3.20	$5,940
Jun 2001	0	2,100	24.56	3.82	$8,031
May 2001	0	2,136	25.52	4.31	$9,200
Apr 2001	0	1,822	24.68	5.34	$9,721
Mar 2001	0	2,221	24.54	5.38	$11,941
Feb 2001	0	1,307	27.75	5.77	$7,538
Jan 2001	0	1,550	27.47	8.40	$13,018
Dec 2000	0	1,429	26.88	9.12	$13,036
Nov 2000	0	2,192	32.21	5.66	$12,402
Oct 2000	0	2,397	31.23	5.15	$12,334
Sep 2000	0	1,731	31.87	5.19	$8,978
Aug 2000	0	1,444	29.64	4.54	$6,557
Jul 2000	0	2,246	28.53	4.09	$9,186
Jun 2000	0	1,583	29.30	4.40	$6,961
May 2000	0	1,495	27.26	3.68	$5,501
Apr 2000	0	1,105	24.51	3.12	$3,443
Mar 2000	0	1,474	28.42	2.86	$4,215
Feb 2000	0	2,194	27.62	2.73	$5,982
Jan 2000	0	1,436	25.27	2.48	$3,562
Dec 1999	0	1,706	24.28	2.42	$4,135
Nov 1999	0	1,643	23.19	2.43	$3,999
Oct 1999	0	2,309	20.98	2.80	$6,474
Sep 1999	0	1,876	21.75	2.62	$4,913
Aug 1999	0	1,908	19.26	2.88	$5,487
Jul 1999	0	2,133	17.89	2.37	$5,060
Jun 1999	0	2,072	15.94	2.36	$4,894
May 1999	0	2,229	15.79	2.32	$5,174
Apr 1999	0	2,400	15.10	2.21	$5,299
Mar 1999	0	1,717	12.47	1.84	$3,156
Feb 1999	0	1,517	9.98	1.82	$2,758
Jan 1999	0	1,681	10.38	1.90	$3,194
Dec 1998	0	1,874	9.20	1.77	$3,323
Nov 1998	0	1,989	10.89	2.19	$4,347
Oct 1998	0	2,340	12.42	1.97	$4,608
Sep 1998	0	2,063	12.59	2.08	$4,296
Aug 1998	0	1,871	11.30	1.91	$3,569
Jul 1998	0	2,088	11.74	2.24	$4,671
Jun 1998	0	1,949	11.24	2.24	$4,360
May 1998	0	1,888	12.62	2.21	$4,166
Apr 1998	0	1,928	13.04	2.51	$4,830
Mar 1998	0	2,382	12.80	2.31	$5,501
Feb 1998	0	2,180	13.95	2.30	$5,012
Jan 1998	0	1,690	14.70	2.15	$3,642
Dec 1997	0	2,288	16.32	2.41	$5,517
Nov 1997	0	2,334	18.19	3.09	$7,208
Oct 1997	0	1,920	19.25	3.15	$6,048
Sep 1997	0	2,272	17.74	2.95	$6,713
Aug 1997	0	1,566	17.86	2.55	$4,001
Jul 1997	0	2,333	17.58	2.25	$5,242
Jun 1997	0	2,200	17.24	2.26	$4,966
May 1997	0	2,147	18.97	2.31	$4,956
Apr 1997	0	1,893	17.88	2.08	$3,943
Mar 1997	0	1,896	18.95	1.94	$3,677
Feb 1997	0	1,923	20.49	2.21	$4,242
Jan 1997	0	2,202	23.48	3.54	$7,794
Dec 1996	0	2,531	23.32	—	$0
Nov 1996	0	2,163	21.97	—	$0
Oct 1996	0	2,272	23.31	—	$0
Sep 1996	0	2,255	22.22	—	$0
Aug 1996	0	2,199	20.26	—	$0
Jul 1996	0	2,272	19.55	—	$0
Jun 1996	0	1,849	18.73	—	$0
May 1996	0	2,102	19.43	—	$0
Apr 1996	0	1,934	21.51	—	$0
Mar 1996	0	2,223	19.38	—	$0
Feb 1996	0	1,828	16.98	—	$0
Jan 1996	0	1,709	17.07	—	$0
Dec 1995	0	1,918	17.19	—	$0
Nov 1995	0	1,874	16.00	—	$0
Oct 1995	0	2,312	15.43	—	$0
Sep 1995	0	2,004	16.18	—	$0
Aug 1995	0	2,187	15.92	—	$0
Jul 1995	0	1,887	15.24	—	$0
Jun 1995	0	2,007	16.41	—	$0
May 1995	0	2,251	17.56	—	$0
Apr 1995	0	1,670	17.73	—	$0
Mar 1995	0	2,269	16.44	—	$0
Feb 1995	0	2,012	16.58	—	$0
Jan 1995	0	1,669	15.92	—	$0
Dec 1994	0	2,250	15.03	—	$0
Nov 1994	0	1,902	15.90	—	$0
Oct 1994	0	2,369	15.58	—	$0
Sep 1994	0	1,878	15.29	—	$0
Aug 1994	0	1,931	16.13	—	$0
Jul 1994	0	2,529	17.56	—	$0
Jun 1994	0	1,897	17.09	—	$0
May 1994	0	2,397	15.88	—	$0
Apr 1994	0	2,494	14.14	—	$0
Mar 1994	0	0	12.46	—	$0
Feb 1994	0	1,794	12.50	—	$0
Jan 1994	0	2,371	12.66	—	$0
Dec 1993	0	1,903	12.33	—	$0
Nov 1993	0	2,493	14.49	—	$0
Oct 1993	0	2,360	15.85	—	$0
Sep 1993	0	2,570	15.03	—	$0
Aug 1993	0	2,472	15.66	—	$0
Jul 1993	0	2,325	15.46	—	$0
Jun 1993	0	2,520	16.79	—	$0
May 1993	0	2,004	17.68	—	$0
Apr 1993	0	3,349	18.05	—	$0
Mar 1993	0	3,433	18.14	—	$0
Feb 1993	0	1,084	17.90	—	$0
Jan 1993	0	2,471	16.93	—	$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            87 bbl  × $ 97.42 =     $8,476
Gas                    0 Mcf  × $  3.78 =         $0

────────────────────────────────────────────────────
Month total                                   $8,476

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/63276 is the state's own key, not one this site invented.