COODY, J. M.

Operated by FAGADAU ENERGY CORPORATION (P-5 257680) in the CLAY COUNTY REGULAR field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 27506District 09Field 18707001OilCasinghead gasSaveExport
Value, all time
$207 k
Jan 1993 – Feb 1998
Value, last 12 filed months
$7 k
at the published price for each month
Months reported
62
no gaps in the span
Streams
2
oil, casinghead 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 615 leases and 2,793 wells, and the rule below applies to all of them.

Discovered
1902-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: ENTITY FOR DENSITY APPROVED 3/17/98

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
OilDisposition12,310 bbl$206,769
Casinghead gasProduction6,642 Mcf$514
Total$207,283

6,465 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 33.7560, -98.2279. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.75599, -98.22787 · 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
6,021 ft
1 wells filed one
Completion to plug
8.0 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 6,021 ft.

Completions filed
Aug 1989
1 of 1 wells
Plug dates filed
Aug 1997
1 of 1 wells

Last completion to plug: a median of 8.0 years across the 1 well that filed both dates, with the middle half between 8.0 years and 8.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-0773064916,021 ftAug 1989Aug 1997Yes

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 (62)

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

62 months

Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 199710016.322.41$163
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 1997163018.972.31$3,092
Apr 19970017.882.08$0
Mar 1997176018.951.94$3,335
Feb 199708420.492.21$185
Jan 19971799323.483.54$4,532
Dec 19961769823.32$4,104
Nov 19961839221.97$4,021
Oct 19963579123.31$8,322
Sep 199617414222.22$3,866
Aug 199617513220.26$3,546
Jul 199617710219.55$3,460
Jun 19961728618.73$3,222
May 199618111619.43$3,517
Apr 1996012521.51$0
Mar 19961819019.38$3,508
Feb 19961789916.98$3,022
Jan 1996020017.07$0
Dec 199535917717.19$6,171
Nov 1995013016.00$0
Oct 19951729515.43$2,654
Sep 19951797316.18$2,896
Aug 19951727315.92$2,738
Jul 199517511215.24$2,667
Jun 199533612916.41$5,514
May 199517414817.56$3,055
Apr 199534614317.73$6,135
Mar 1995010416.44$0
Feb 199517910016.58$2,968
Jan 199517710715.92$2,818
Dec 19941799815.03$2,690
Nov 199435011115.90$5,565
Oct 199417913315.58$2,789
Sep 199434413715.29$5,260
Aug 199417912916.13$2,887
Jul 199433812917.56$5,935
Jun 199434011917.09$5,811
May 199416712715.88$2,652
Apr 199435311614.14$4,991
Mar 199435015012.46$4,361
Feb 199436212112.50$4,525
Jan 199435517512.66$4,494
Dec 199325615912.33$3,156
Nov 199335215814.49$5,100
Oct 199334026715.85$5,389
Sep 199351726015.03$7,771
Aug 199334518515.66$5,403
Jul 199334217815.46$5,287
Jun 199316613116.79$2,787
May 199351220117.68$9,052
Apr 199335116018.05$6,336
Mar 199335217118.14$6,385
Feb 199317712817.90$3,168
Jan 199335315816.93$5,976

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.

Dec 1997 — as filed, then multipliedworked
Oil                   10 bbl  × $ 16.32 =       $163
Casinghead gas         0 Mcf  × $  2.41 =         $0

────────────────────────────────────────────────────
Month total                                     $163

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/27506 is the state's own key, not one this site invented.