COOK, J. T. "A"

Operated by FAIRWAY RESOURCES OPERATING, LLC (P-5 259788) in the PERRIN, SW (CONGL 4850) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 95018District 09Field 70655500CondensateGasSaveExport
Value, all time
$50 k
Jan 1993 – Jun 2016
Value, last 12 filed months
$904
at the published price for each month
Months reported
282
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 16 leases and 16 wells, and the rule below applies to all of them.

Discovered
1979-06-11
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 160 acres.

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 02/01/2011.

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
CondensateDisposition254 bbl$16,129
GasProduction27,682 Mcf$33,633
Total$49,762

15,715 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.

Every month this lease reported (282)

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

282 months

Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20162036.561.99$73
Mar 20165033.011.79$165
Feb 20165026.472.06$132
Jan 20165027.352.36$137
Dec 20155032.362.00$162
Nov 20156138.792.17$235
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201340102.523.72$410
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 20135091.603.42$458
Dec 20125086.773.42$434
Nov 201213086.953.62$1,130
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 2012013392.662.91$387
Jul 2012017085.133.02$514
Jun 2012025179.822.52$632
May 2012024191.612.49$600
Apr 20120240101.652.00$479
Mar 20120120105.052.22$267
Feb 20120141101.102.57$362
Jan 2012013198.092.73$358
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 2011011783.623.99$466
Aug 2011016483.404.15$680
Jul 201106094.144.52$271
Jun 2011019592.904.64$905
May 2011023898.134.40$1,048
Apr 20110221105.964.33$958
Mar 2011025196.364.06$1,018
Feb 2011018485.644.18$769
Jan 2011023686.504.59$1,083
Dec 2010023685.734.35$1,026
Nov 20103624280.843.80$3,829
Oct 2010029678.103.51$1,039
Sep 20104720872.633.98$4,241
Aug 2010011473.684.42$504
Jul 201007272.554.74$341
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 2008410131.0811.39$5,374
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
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 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010119.782.53$3
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990417.892.37$9
Jun 199901215.942.36$28
May 199902715.792.32$63
Apr 1999014215.102.21$314
Mar 199902412.471.84$44
Feb 199902229.981.82$404
Jan 1999036710.381.90$697
Dec 199801689.201.77$298
Nov 1998027210.892.19$595
Oct 1998027312.421.97$538
Sep 199809912.592.08$206
Aug 1998016811.301.91$320
Jul 1998026011.742.24$582
Jun 1998030311.242.24$678
May 1998039712.622.21$876
Apr 1998027713.042.51$694
Mar 1998023312.802.31$538
Feb 1998023313.952.30$536
Jan 1998039514.702.15$851
Dec 1997052716.322.41$1,271
Nov 1997030118.193.09$930
Oct 1997031719.253.15$998
Sep 1997023217.742.95$686
Aug 1997025717.862.55$657
Jul 1997030917.582.25$694
Jun 1997015817.242.26$357
May 1997024718.972.31$570
Apr 1997024117.882.08$502
Mar 1997033718.951.94$653
Feb 1997045420.492.21$1,001
Jan 1997044823.483.54$1,586
Dec 1996024923.32$0
Nov 1996034021.97$0
Oct 1996042823.31$0
Sep 1996035022.22$0
Aug 1996019520.26$0
Jul 1996014919.55$0
Jun 1996047718.73$0
May 1996049719.43$0
Apr 1996053321.51$0
Mar 1996047419.38$0
Feb 1996037016.98$0
Jan 1996049217.07$0
Dec 1995044017.19$0
Nov 1995036216.00$0
Oct 199505415.43$0
Sep 199502816.18$0
Aug 199502915.92$0
Jul 199513415.24$15
Jun 1995030816.41$0
May 1995049517.56$0
Apr 1995140917.73$18
Mar 1995047116.44$0
Feb 1995149316.58$17
Jan 1995033115.92$0
Dec 1994048215.03$0
Nov 1994053715.90$0
Oct 1994237715.58$31
Sep 1994028115.29$0
Aug 1994020716.13$0
Jul 1994035317.56$0
Jun 1994232517.09$34
May 1994045315.88$0
Apr 1994059614.14$0
Mar 1994223712.46$25
Feb 1994028512.50$0
Jan 1994034212.66$0
Dec 1993033312.33$0
Nov 19936531014.49$942
Oct 1993033715.85$0
Sep 1993031715.03$0
Aug 1993027315.66$0
Jul 1993134015.46$15
Jun 1993037416.79$0
May 1993033817.68$0
Apr 1993027518.05$0
Mar 19930018.14$0
Feb 19930217.90$0
Jan 1993033316.93$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.

Apr 2016 — as filed, then multipliedworked
Condensate             2 bbl  × $ 36.56 =        $73
Gas                    0 Mcf  × $  1.99 =         $0

────────────────────────────────────────────────────
Month total                                      $73

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/95018 is the state's own key, not one this site invented.