DORSEY -36-

Operated by CABOT OIL & GAS CORPORATION (P-5 121700) in the COBURN (MORROW UPPER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 104496District 10Field 19240600NGPA filingCondensateGasSaveExport
Value, all time
$1.2 M
Jan 1993 – Sep 2007
Value, last 12 filed months
$0
at the published price for each month
Months reported
177
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 9 leases and 9 wells, and the rule below applies to all of them.

Discovered
1980-07-25
as the register files it
Field class
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: ALLOCATION FORMULA SUSPENDED EFF. 6/1/94

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition918 bbl$16,175
GasProduction1,750,244 Mcf$1,213,271
Total$1,229,446

1,247,957 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 36.1108, -100.1549. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.11084, -100.15492 · 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
11,500 ft
1 wells filed one
Completion to plug
24.8 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 11,500 ft.

Completions filed
Jan 1982
1 of 1 wells
Plug dates filed
Oct 2006
1 of 1 wells

Last completion to plug: a median of 24.8 years across the 1 well that filed both dates, with the middle half between 24.8 years and 24.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2953108051011,500 ftJan 1982Oct 2006Yes

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 (177)

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

177 months

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 20010019.782.53$0
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 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 1999013110.381.90$249
Dec 1998009.201.77$0
Nov 199801,34910.892.19$2,949
Oct 1998015,22612.421.97$29,983
Sep 1998016,64712.592.08$34,669
Aug 1998018,86111.301.91$35,975
Jul 1998020,89811.742.24$46,754
Jun 1998017,71911.242.24$39,642
May 199817821,05712.622.21$48,705
Apr 1998024,01413.042.51$60,163
Mar 1998027,45212.802.31$63,399
Feb 1998022,99313.952.30$52,864
Jan 1998023,16514.702.15$49,916
Dec 1997023,56616.322.41$56,820
Nov 1997022,82218.193.09$70,480
Oct 1997024,00219.253.15$75,602
Sep 1997023,09817.742.95$68,252
Aug 1997026,80117.862.55$68,470
Jul 1997024,96017.582.25$56,084
Jun 199718623,59217.242.26$56,459
May 1997025,38418.972.31$58,599
Apr 1997023,52317.882.08$48,993
Mar 1997025,98618.951.94$50,390
Feb 1997022,70420.492.21$50,083
Jan 1997026,33723.483.54$93,225
Dec 1996025,22823.32$0
Nov 1996024,45921.97$0
Oct 199617925,39323.31$4,172
Sep 1996026,84222.22$0
Aug 1996029,13820.26$0
Jul 1996028,09419.55$0
Jun 1996025,17918.73$0
May 1996025,71019.43$0
Apr 1996026,69721.51$0
Mar 1996028,30919.38$0
Feb 1996025,81016.98$0
Jan 1996024,31417.07$0
Dec 199518326,21817.19$3,146
Nov 1995027,05816.00$0
Oct 1995027,64515.43$0
Sep 1995028,25016.18$0
Aug 1995029,77715.92$0
Jul 1995027,58415.24$0
Jun 1995027,79016.41$0
May 1995328,80117.56$53
Apr 199518929,19017.73$3,351
Mar 1995029,75916.44$0
Feb 1995027,81716.58$0
Jan 1995031,40215.92$0
Dec 1994032,24015.03$0
Nov 1994030,93215.90$0
Oct 1994031,97115.58$0
Sep 1994030,87115.29$0
Aug 1994033,48916.13$0
Jul 1994033,18117.56$0
Jun 1994033,45017.09$0
May 1994032,75915.88$0
Apr 1994033,05614.14$0
Mar 1994031,08612.46$0
Feb 1994030,48612.50$0
Jan 1994035,33912.66$0
Dec 1993034,92412.33$0
Nov 1993037,57814.49$0
Oct 19930015.85$0
Sep 199306,99415.03$0
Aug 1993014,37715.66$0
Jul 1993016,15915.46$0
Jun 199301,33216.79$0
May 1993012,85117.68$0
Apr 1993017,76118.05$0
Mar 1993019,77818.14$0
Feb 199306,07217.90$0
Jan 1993034,80716.93$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.

Jan 1999 — as filed, then multipliedworked
Condensate             0 bbl  × $ 10.38 =         $0
Gas                  131 Mcf  × $  1.90 =       $249

────────────────────────────────────────────────────
Month total                                     $249

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. 10/G/104496 is the state's own key, not one this site invented.