COURSEY, T. L.

Operated by RICHEY, RAY MANAGEMENT CO., INC. (P-5 709694) in the BOONSVILLE (BEND CONGL., GAS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 71223District 09Field 10574520CondensateGasSaveExport
Value, all time
$30 k
Jan 1993 – Sep 2005
Value, last 12 filed months
$0
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 3,438 leases and 3,443 wells, and the rule below applies to all of them.

Discovered
1945-05-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1991-06-10.

The Commission's schedule remark for this field reads: AMOUNT HAD BEEN CALCULATED FOR 5/1/97.

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
CondensateDisposition7 bbl$170
GasProduction24,350 Mcf$30,165
Total$30,335

14,112 Mcf of this lease's gas, across 48 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 33.2260, -97.6913. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.22597, -97.69131 · 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
6,390 ft
1 wells filed one
Completion to plug
28.4 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 6,390 ft.

Completions filed
Apr 1977
1 of 1 wells
Plug dates filed
Sep 2005
1 of 1 wells

Last completion to plug: a median of 28.4 years across the 1 well that filed both dates, with the middle half between 28.4 years and 28.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4973055816,390 ftApr 1977Sep 2005Yes

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

Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020622.003.10$19
Feb 20020218.222.38$5
Jan 20020117.172.38$2
Dec 20010216.932.36$5
Nov 20010018.072.41$0
Oct 20010119.782.53$3
Sep 20010124.262.25$2
Aug 20010324.873.05$9
Jul 200104923.933.20$157
Jun 2001010824.563.82$413
May 2001015925.524.31$685
Apr 2001024224.685.34$1,291
Mar 2001022924.545.38$1,231
Feb 200109727.755.77$559
Jan 2001011127.478.40$932
Dec 2000010926.889.12$994
Nov 2000015232.215.66$860
Oct 2000014131.235.15$726
Sep 200005931.875.19$306
Aug 2000012329.644.54$559
Jul 2000010728.534.09$438
Jun 2000011729.304.40$514
May 2000016427.263.68$603
Apr 2000019224.513.12$598
Mar 2000013428.422.86$383
Feb 2000011827.622.73$322
Jan 2000618925.272.48$620
Dec 1999011224.282.42$271
Nov 1999019523.192.43$475
Oct 1999020320.982.80$569
Sep 1999019321.752.62$505
Aug 1999021719.262.88$624
Jul 1999023717.892.37$562
Jun 1999026015.942.36$614
May 1999031115.792.32$722
Apr 1999034115.102.21$753
Mar 1999015612.471.84$287
Feb 199901529.981.82$276
Jan 1999015010.381.90$285
Dec 199802409.201.77$426
Nov 1998017410.892.19$380
Oct 1998016912.421.97$333
Sep 1998019812.592.08$412
Aug 1998017311.301.91$330
Jul 1998020611.742.24$461
Jun 1998021211.242.24$474
May 1998019212.622.21$424
Apr 1998018113.042.51$453
Mar 1998020812.802.31$480
Feb 1998016413.952.30$377
Jan 1998019314.702.15$416
Dec 1997018516.322.41$446
Nov 1997124118.193.09$762
Oct 1997025319.253.15$797
Sep 1997022617.742.95$668
Aug 1997022817.862.55$582
Jul 1997023817.582.25$535
Jun 1997022717.242.26$512
May 1997022218.972.31$512
Apr 1997024017.882.08$500
Mar 1997025018.951.94$485
Feb 1997022020.492.21$485
Jan 1997025523.483.54$903
Dec 1996025023.32$0
Nov 1996024821.97$0
Oct 1996027023.31$0
Sep 1996027222.22$0
Aug 1996034920.26$0
Jul 1996020219.55$0
Jun 1996024818.73$0
May 1996021819.43$0
Apr 1996023521.51$0
Mar 1996026019.38$0
Feb 1996021116.98$0
Jan 1996025717.07$0
Dec 1995025717.19$0
Nov 1995024116.00$0
Oct 1995024815.43$0
Sep 1995024016.18$0
Aug 1995019515.92$0
Jul 1995024815.24$0
Jun 1995032616.41$0
May 1995043417.56$0
Apr 1995039917.73$0
Mar 1995033816.44$0
Feb 1995021616.58$0
Jan 1995033915.92$0
Dec 1994033715.03$0
Nov 1994032415.90$0
Oct 1994033515.58$0
Sep 1994034315.29$0
Aug 1994022316.13$0
Jul 1994032217.56$0
Jun 1994033017.09$0
May 1994032215.88$0
Apr 1994031214.14$0
Mar 1994031312.46$0
Feb 1994027712.50$0
Jan 1994029412.66$0
Dec 1993029112.33$0
Nov 1993027914.49$0
Oct 1993027915.85$0
Sep 1993028415.03$0
Aug 1993030915.66$0
Jul 1993032015.46$0
Jun 1993033216.79$0
May 1993034617.68$0
Apr 1993033118.05$0
Mar 1993037118.14$0
Feb 1993032517.90$0
Jan 1993041216.93$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.

Mar 2002 — as filed, then multipliedworked
Condensate             0 bbl  × $ 22.00 =         $0
Gas                    6 Mcf  × $  3.10 =        $19

────────────────────────────────────────────────────
Month total                                      $19

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/71223 is the state's own key, not one this site invented.