COVEY-BATES

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

Operated by XTO ENERGY INC. (P-5 945936) in the SHERMAN field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 17169District 09Field 83162001OilCasinghead gasSave Export

Value, all time

$1.3 M

Jan 1993 – Jul 2020

Value, last 12 filed months

at the published price for each month

Months reported

331

no gaps in the span

Streams

oil, casinghead gas

The SHERMAN 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 37 leases and 51 wells, and the rule below applies to all of them.

Discovered

1947-08-31

as the register files it

Field class

Oil

the register's own label

Between wells

933 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 20 acres.

The Commission's schedule remark for this field reads: “RIFENBURG, RISING, SWAFFORD, WOODSON I, & WOODSON III CONSL 1/1/74”

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
Oil	Disposition	43,834 bbl	$1,292,608
Casinghead gas	Production	13,654 Mcf	$40,274
Total			$1,332,882

4,313 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 (2)

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 33.6705, -96.6155. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

33.67051, -96.61554 · 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%

2 of 2 wells

With a plug date

100.0%

2 of 2 wells

Median depth

5,189 ft

2 wells filed one

Completion to plug

30.8 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

2100.0%

A plug date is filed

2100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

2100.0%

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

Between 4,327 and 6,050 ft, median 5,189 ft, over the 2 wells that filed a depth.

Completions filed

May 1989

1 of 2 wells; 1 filed none

Plug dates filed

Feb 1996 – Feb 2020

2 of 2 wells

Last completion to plug: a median of 30.8 years across the 1 well that filed both dates, with the middle half between 30.8 years and 30.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells


42-18100687	2	4,327 ft	—	Feb 1996	Yes
42-18100686	1	6,050 ft	May 1989	Feb 2020	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 (331)

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

331 months


Jul 2020	0	0	38.37	1.83	$0
Jun 2020	0	0	34.90	1.69	$0
May 2020	0	0	16.92	1.81	$0
Apr 2020	0	0	14.75	1.80	$0
Mar 2020	0	0	30.34	1.86	$0
Feb 2020	0	0	49.88	1.98	$0
Jan 2020	0	0	57.25	2.09	$0
Dec 2019	0	0	59.01	2.30	$0
Nov 2019	0	0	55.30	2.75	$0
Oct 2019	0	0	53.47	2.42	$0
Sep 2019	0	0	55.05	2.66	$0
Aug 2019	0	0	53.11	2.30	$0
Jul 2019	0	0	56.27	2.46	$0
Jun 2019	0	0	52.78	2.49	$0
May 2019	0	0	58.48	2.74	$0
Apr 2019	0	0	62.63	2.75	$0
Mar 2019	0	0	56.80	3.06	$0
Feb 2019	0	0	50.85	2.79	$0
Jan 2019	0	0	46.03	3.23	$0
Dec 2018	0	0	46.59	4.19	$0
Nov 2018	0	0	52.93	4.24	$0
Oct 2018	0	0	61.44	3.40	$0
Sep 2018	0	0	59.54	3.11	$0
Aug 2018	0	0	59.40	3.07	$0
Jul 2018	0	0	65.14	2.93	$0
Jun 2018	0	0	60.18	3.08	$0
May 2018	0	0	65.38	2.90	$0
Apr 2018	0	0	63.84	2.90	$0
Mar 2018	0	0	61.22	2.79	$0
Feb 2018	0	0	61.78	2.77	$0
Jan 2018	0	0	62.87	4.01	$0
Dec 2017	0	0	57.27	2.92	$0
Nov 2017	0	0	55.42	3.12	$0
Oct 2017	0	0	49.29	2.98	$0
Sep 2017	0	0	47.52	3.09	$0
Aug 2017	0	0	45.37	3.00	$0
Jul 2017	0	0	43.87	3.09	$0
Jun 2017	0	0	42.49	3.09	$0
May 2017	0	0	45.37	3.26	$0
Apr 2017	10	0	47.93	3.21	$479
Mar 2017	45	34	46.77	2.98	$2,206
Feb 2017	67	18	50.45	2.95	$3,433
Jan 2017	69	11	49.41	3.42	$3,447
Dec 2016	32	15	48.76	3.72	$1,616
Nov 2016	3	2	42.49	2.64	$133
Oct 2016	0	0	46.19	3.09	$0
Sep 2016	0	0	41.55	3.10	$0
Aug 2016	0	0	41.44	2.92	$0
Jul 2016	1	0	41.62	2.92	$42
Jun 2016	5	30	45.35	2.69	$307
May 2016	9	52	42.52	1.99	$486
Apr 2016	15	55	36.56	1.99	$658
Mar 2016	89	83	33.01	1.79	$3,087
Feb 2016	89	80	26.47	2.06	$2,521
Jan 2016	94	82	27.35	2.36	$2,765
Dec 2015	97	82	32.36	2.00	$3,303
Nov 2015	75	65	38.79	2.17	$3,050
Oct 2015	73	71	43.55	2.43	$3,351
Sep 2015	32	22	42.99	2.76	$1,436
Aug 2015	78	54	40.16	2.87	$3,288
Jul 2015	113	69	48.15	2.95	$5,644
Jun 2015	24	18	56.15	2.88	$1,399
May 2015	98	47	55.21	2.96	$5,549
Apr 2015	87	47	49.82	2.71	$4,462
Mar 2015	107	45	42.89	2.93	$4,721
Feb 2015	103	42	44.66	2.98	$4,725
Jan 2015	7	18	43.43	3.10	$360
Dec 2014	20	14	54.69	3.59	$1,144
Nov 2014	49	41	70.46	4.25	$3,627
Oct 2014	52	59	78.30	3.90	$4,302
Sep 2014	59	64	86.16	4.05	$5,342
Aug 2014	49	50	89.39	4.04	$4,582
Jul 2014	46	61	96.56	4.18	$4,697
Jun 2014	23	30	98.16	4.74	$2,400
May 2014	26	34	94.73	4.73	$2,624
Apr 2014	29	36	95.94	4.81	$2,955
Mar 2014	53	34	95.89	5.06	$5,254
Feb 2014	44	36	97.40	6.19	$4,509
Jan 2014	29	41	90.40	4.86	$2,821
Dec 2013	2	86	91.82	4.35	$558
Nov 2013	3	87	88.85	3.74	$592
Oct 2013	12	40	97.42	3.78	$1,320
Sep 2013	7	6	104.11	3.72	$751
Aug 2013	29	45	104.25	3.52	$3,182
Jul 2013	34	45	102.52	3.72	$3,653
Jun 2013	26	42	94.40	3.93	$2,620
May 2013	9	14	94.83	4.15	$912
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	3	0	93.62	3.91	$281
Feb 2013	30	39	91.23	3.42	$2,870
Jan 2013	24	17	91.60	3.42	$2,257
Dec 2012	46	50	86.77	3.42	$4,162
Nov 2012	50	45	86.95	3.62	$4,511
Oct 2012	27	20	89.38	3.40	$2,481
Sep 2012	51	28	94.67	2.92	$4,910
Aug 2012	51	32	92.66	2.91	$4,819
Jul 2012	66	47	85.13	3.02	$5,761
Jun 2012	61	45	79.82	2.52	$4,982
May 2012	29	22	91.61	2.49	$2,711
Apr 2012	56	38	101.65	2.00	$5,768
Mar 2012	48	36	105.05	2.22	$5,122
Feb 2012	35	32	101.10	2.57	$3,621
Jan 2012	19	20	98.09	2.73	$1,918
Dec 2011	40	45	96.87	3.24	$4,021
Nov 2011	39	47	95.72	3.31	$3,889
Oct 2011	46	47	84.98	3.65	$4,081
Sep 2011	43	45	83.62	3.99	$3,775
Aug 2011	44	47	83.40	4.15	$3,865
Jul 2011	46	39	94.14	4.52	$4,507
Jun 2011	21	21	92.90	4.64	$2,048
May 2011	53	43	98.13	4.40	$5,390
Apr 2011	49	41	105.96	4.33	$5,370
Mar 2011	47	45	96.36	4.06	$4,712
Feb 2011	43	42	85.64	4.18	$3,858
Jan 2011	54	54	86.50	4.59	$4,919
Dec 2010	52	53	85.73	4.35	$4,688
Nov 2010	50	52	80.84	3.80	$4,239
Oct 2010	58	53	78.10	3.51	$4,716
Sep 2010	49	50	72.63	3.98	$3,758
Aug 2010	60	55	73.68	4.42	$4,664
Jul 2010	50	49	72.55	4.74	$3,860
Jun 2010	51	44	70.36	4.91	$3,804
May 2010	57	52	71.12	4.24	$4,274
Apr 2010	52	49	81.69	4.12	$4,450
Mar 2010	56	46	78.39	4.39	$4,592
Feb 2010	87	37	73.58	5.44	$6,603
Jan 2010	59	47	74.36	5.96	$4,668
Dec 2009	20	42	71.44	5.48	$1,659
Nov 2009	26	51	74.59	3.75	$2,131
Oct 2009	47	52	72.54	4.11	$3,623
Sep 2009	79	52	65.54	3.06	$5,337
Aug 2009	83	54	67.42	3.22	$5,770
Jul 2009	88	64	61.13	3.46	$5,601
Jun 2009	95	54	66.16	3.90	$6,496
May 2009	101	62	54.74	3.93	$5,772
Apr 2009	64	68	46.77	3.59	$3,237
Mar 2009	80	57	42.14	4.06	$3,603
Feb 2009	104	56	32.81	4.63	$3,672
Jan 2009	111	56	35.86	5.37	$4,281
Dec 2008	135	59	37.10	5.98	$5,361
Nov 2008	138	75	55.49	6.86	$8,172
Oct 2008	159	59	75.24	6.92	$12,372
Sep 2008	156	44	101.76	7.88	$16,221
Aug 2008	50	46	114.22	8.48	$6,101
Jul 2008	41	36	131.08	11.39	$5,784
Jun 2008	79	27	131.33	13.03	$10,727
May 2008	83	30	123.17	11.57	$10,570
Apr 2008	84	42	110.31	10.45	$9,705
Mar 2008	86	34	101.90	9.66	$9,092
Feb 2008	79	27	92.53	8.77	$7,547
Jan 2008	72	24	90.38	8.21	$6,704
Dec 2007	76	36	88.33	7.30	$6,976
Nov 2007	50	24	91.67	7.29	$4,759
Oct 2007	74	33	82.85	6.92	$6,359
Sep 2007	34	26	75.84	6.24	$2,741
Aug 2007	73	23	69.06	6.39	$5,188
Jul 2007	130	32	70.90	6.39	$9,421
Jun 2007	129	25	62.00	7.55	$8,187
May 2007	116	28	58.74	7.85	$7,034
Apr 2007	59	24	59.61	7.81	$3,704
Mar 2007	64	23	56.92	7.30	$3,811
Feb 2007	51	18	55.10	8.22	$2,958
Jan 2007	60	22	50.30	6.73	$3,166
Dec 2006	34	22	56.65	6.92	$2,078
Nov 2006	52	26	54.20	7.62	$3,016
Oct 2006	88	25	54.90	6.01	$4,982
Sep 2006	81	26	60.08	5.04	$4,997
Aug 2006	39	26	68.71	7.34	$2,871
Jul 2006	63	27	69.37	6.34	$4,542
Jun 2006	35	29	66.28	6.38	$2,505
May 2006	29	29	66.01	6.42	$2,101
Apr 2006	32	30	64.39	7.36	$2,281
Mar 2006	94	29	56.70	7.08	$5,535
Feb 2006	83	25	57.59	7.75	$4,974
Jan 2006	98	25	60.59	8.93	$6,161
Dec 2005	86	24	54.94	13.42	$5,047
Nov 2005	71	25	54.69	10.59	$4,148
Oct 2005	111	25	58.34	13.80	$6,821
Sep 2005	114	25	61.45	12.08	$7,307
Aug 2005	154	27	61.51	9.80	$9,737
Jul 2005	141	27	55.69	7.84	$8,064
Jun 2005	104	31	52.33	7.38	$5,671
May 2005	159	30	45.22	6.65	$7,390
Apr 2005	165	32	49.20	7.36	$8,354
Mar 2005	175	30	50.37	7.15	$9,029
Feb 2005	151	25	45.22	6.31	$6,986
Jan 2005	153	25	43.16	6.32	$6,762
Dec 2004	140	26	39.86	6.75	$5,756
Nov 2004	151	38	45.28	6.33	$7,078
Oct 2004	150	30	49.70	6.52	$7,650
Sep 2004	145	29	43.24	5.28	$6,423
Aug 2004	149	29	42.37	5.55	$6,474
Jul 2004	156	29	38.28	6.08	$6,148
Jun 2004	146	29	36.10	6.43	$5,457
May 2004	148	29	37.48	6.49	$5,735
Apr 2004	108	29	34.47	5.86	$3,893
Mar 2004	126	28	34.36	5.53	$4,484
Feb 2004	133	27	32.45	5.51	$4,465
Jan 2004	146	29	32.03	6.30	$4,859
Dec 2003	130	15	30.26	6.30	$4,028
Nov 2003	133	30	28.80	4.60	$3,968
Oct 2003	125	30	28.17	4.76	$3,664
Sep 2003	111	30	26.31	4.75	$3,063
Aug 2003	117	34	29.76	5.13	$3,656
Jul 2003	119	34	29.41	5.17	$3,676
Jun 2003	123	31	28.56	5.98	$3,698
May 2003	128	32	26.59	5.97	$3,595
Apr 2003	143	31	26.67	5.41	$3,981
Mar 2003	158	34	31.14	6.10	$5,127
Feb 2003	136	28	33.48	7.93	$4,775
Jan 2003	160	33	30.31	5.58	$5,034
Dec 2002	150	32	26.91	4.85	$4,192
Nov 2002	154	32	24.66	4.14	$3,930
Oct 2002	119	27	26.46	4.23	$3,263
Sep 2002	149	31	27.44	3.64	$4,201
Aug 2002	154	37	25.96	3.16	$4,115
Jul 2002	150	31	24.58	3.06	$3,782
Jun 2002	153	35	23.73	3.34	$3,748
May 2002	147	35	24.66	3.58	$3,750
Apr 2002	153	35	23.65	3.51	$3,741
Mar 2002	150	36	22.00	3.10	$3,412
Feb 2002	133	31	18.22	2.38	$2,497
Jan 2002	163	33	17.17	2.38	$2,877
Dec 2001	144	34	16.93	2.36	$2,518
Nov 2001	149	31	18.07	2.41	$2,767
Oct 2001	154	36	19.78	2.53	$3,137
Sep 2001	148	37	24.26	2.25	$3,674
Aug 2001	127	39	24.87	3.05	$3,278
Jul 2001	156	39	23.93	3.20	$3,858
Jun 2001	153	38	24.56	3.82	$3,903
May 2001	145	33	25.52	4.31	$3,843
Apr 2001	152	30	24.68	5.34	$3,911
Mar 2001	166	48	24.54	5.38	$4,332
Feb 2001	164	27	27.75	5.77	$4,707
Jan 2001	182	40	27.47	8.40	$5,335
Dec 2000	193	35	26.88	9.12	$5,507
Nov 2000	191	47	32.21	5.66	$6,418
Oct 2000	193	54	31.23	5.15	$6,305
Sep 2000	180	56	31.87	5.19	$6,027
Aug 2000	187	60	29.64	4.54	$5,815
Jul 2000	183	59	28.53	4.09	$5,462
Jun 2000	197	55	29.30	4.40	$6,014
May 2000	180	52	27.26	3.68	$5,098
Apr 2000	192	51	24.51	3.12	$4,865
Mar 2000	191	56	28.42	2.86	$5,588
Feb 2000	176	33	27.62	2.73	$4,951
Jan 2000	207	44	25.27	2.48	$5,340
Dec 1999	155	49	24.28	2.42	$3,882
Nov 1999	126	54	23.19	2.43	$3,053
Oct 1999	129	67	20.98	2.80	$2,894
Sep 1999	121	68	21.75	2.62	$2,810
Aug 1999	131	73	19.26	2.88	$2,733
Jul 1999	130	69	17.89	2.37	$2,489
Jun 1999	155	55	15.94	2.36	$2,601
May 1999	213	60	15.79	2.32	$3,503
Apr 1999	208	66	15.10	2.21	$3,287
Mar 1999	219	67	12.47	1.84	$2,854
Feb 1999	168	64	9.98	1.82	$1,793
Jan 1999	218	74	10.38	1.90	$2,403
Dec 1998	189	55	9.20	1.77	$1,836
Nov 1998	183	40	10.89	2.19	$2,080
Oct 1998	196	67	12.42	1.97	$2,566
Sep 1998	209	68	12.59	2.08	$2,773
Aug 1998	219	44	11.30	1.91	$2,559
Jul 1998	219	37	11.74	2.24	$2,654
Jun 1998	209	36	11.24	2.24	$2,430
May 1998	245	32	12.62	2.21	$3,163
Apr 1998	265	29	13.04	2.51	$3,528
Mar 1998	274	27	12.80	2.31	$3,570
Feb 1998	250	26	13.95	2.30	$3,547
Jan 1998	251	28	14.70	2.15	$3,750
Dec 1997	241	26	16.32	2.41	$3,996
Nov 1997	241	33	18.19	3.09	$4,486
Oct 1997	254	40	19.25	3.15	$5,015
Sep 1997	248	40	17.74	2.95	$4,518
Aug 1997	246	36	17.86	2.55	$4,486
Jul 1997	237	35	17.58	2.25	$4,245
Jun 1997	265	33	17.24	2.26	$4,643
May 1997	241	13	18.97	2.31	$4,602
Apr 1997	273	31	17.88	2.08	$4,946
Mar 1997	282	9	18.95	1.94	$5,361
Feb 1997	238	10	20.49	2.21	$4,899
Jan 1997	284	26	23.48	3.54	$6,760
Dec 1996	260	1	23.32	—	$6,063
Nov 1996	286	19	21.97	—	$6,283
Oct 1996	261	63	23.31	—	$6,084
Sep 1996	257	40	22.22	—	$5,711
Aug 1996	246	133	20.26	—	$4,984
Jul 1996	268	431	19.55	—	$5,239
Jun 1996	131	79	18.73	—	$2,454
May 1996	298	75	19.43	—	$5,790
Apr 1996	299	73	21.51	—	$6,431
Mar 1996	281	95	19.38	—	$5,446
Feb 1996	327	138	16.98	—	$5,552
Jan 1996	340	54	17.07	—	$5,804
Dec 1995	323	14	17.19	—	$5,552
Nov 1995	324	60	16.00	—	$5,184
Oct 1995	343	34	15.43	—	$5,292
Sep 1995	350	38	16.18	—	$5,663
Aug 1995	340	60	15.92	—	$5,413
Jul 1995	347	77	15.24	—	$5,288
Jun 1995	343	80	16.41	—	$5,629
May 1995	362	76	17.56	—	$6,357
Apr 1995	279	76	17.73	—	$4,947
Mar 1995	370	88	16.44	—	$6,083
Feb 1995	378	91	16.58	—	$6,267
Jan 1995	394	96	15.92	—	$6,272
Dec 1994	401	106	15.03	—	$6,027
Nov 1994	382	80	15.90	—	$6,074
Oct 1994	372	89	15.58	—	$5,796
Sep 1994	414	105	15.29	—	$6,330
Aug 1994	437	109	16.13	—	$7,049
Jul 1994	448	125	17.56	—	$7,867
Jun 1994	456	127	17.09	—	$7,793
May 1994	456	89	15.88	—	$7,241
Apr 1994	381	63	14.14	—	$5,387
Mar 1994	459	93	12.46	—	$5,719
Feb 1994	418	88	12.50	—	$5,225
Jan 1994	437	71	12.66	—	$5,532
Dec 1993	399	60	12.33	—	$4,920
Nov 1993	406	60	14.49	—	$5,883
Oct 1993	454	77	15.85	—	$7,196
Sep 1993	436	67	15.03	—	$6,553
Aug 1993	463	99	15.66	—	$7,251
Jul 1993	447	137	15.46	—	$6,911
Jun 1993	442	132	16.79	—	$7,421
May 1993	455	142	17.68	—	$8,044
Apr 1993	498	120	18.05	—	$8,989
Mar 1993	430	93	18.14	—	$7,800
Feb 1993	438	100	17.90	—	$7,840
Jan 1993	487	90	16.93	—	$8,245

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 2017 — as filed, then multipliedworked

Oil                   10 bbl  × $ 47.93 =       $479
Casinghead gas         0 Mcf  × $  3.21 =         $0

────────────────────────────────────────────────────
Month total                                     $479

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/O/17169 is the state's own key, not one this site invented.