LEATHERMAN

Operated by COURSON OIL & GAS, INC. (P-5 182785) in the PAN PETRO (CLEVELAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 123564District 10Field 68735120NGPA filingCondensateGasSaveExport
Value, all time
$414 k
Jan 1993 – Sep 2014
Value, last 12 filed months
$0
at the published price for each month
Months reported
261
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 965 leases and 1,339 wells, and the rule below applies to all of them.

Discovered
1974-03-21
as the register files it
Field class
Oil and gas
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 40 acres. The field rule took effect on 2011-04-18.

The Commission's schedule remark for this field reads: PRORATION ACRES PLATS ARE REQUIRED.

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
CondensateDisposition974 bbl$30,339
GasProduction332,274 Mcf$383,552
Total$413,891

201,939 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 36.2877, -100.7979. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.28767, -100.79790 · 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
7,650 ft
1 wells filed one
Completion to plug
27.7 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 7,650 ft.

Completions filed
Jan 1987
1 of 1 wells
Plug dates filed
Sep 2014
1 of 1 wells

Last completion to plug: a median of 27.7 years across the 1 well that filed both dates, with the middle half between 27.7 years and 27.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3573180627487,650 ftJan 1987Sep 2014Yes

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 (261)

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

261 months

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 201300102.523.72$0
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 2013174091.603.42$15,938
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
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 200800131.0811.39$0
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 20070375.846.24$19
Aug 20070969.066.39$57
Jul 200701070.906.39$64
Jun 200701062.007.55$75
May 200701958.747.85$149
Apr 200701659.617.81$125
Mar 200701956.927.30$139
Feb 200701555.108.22$123
Jan 200701750.306.73$114
Dec 200603356.656.92$228
Nov 200602554.207.62$190
Oct 200602354.906.01$138
Sep 200602660.085.04$131
Aug 200603068.717.34$220
Jul 200602869.376.34$178
Jun 200603666.286.38$230
May 200603966.016.42$251
Apr 200603364.397.36$243
Mar 200603656.707.08$255
Feb 200603057.597.75$233
Jan 200605260.598.93$465
Dec 20050054.9413.42$0
Nov 200503754.6910.59$392
Oct 200508258.3413.80$1,131
Sep 200504961.4512.08$592
Aug 200506461.519.80$627
Jul 2005013955.697.84$1,090
Jun 2005014852.337.38$1,092
May 2005015745.226.65$1,044
Apr 2005019149.207.36$1,406
Mar 2005021750.377.15$1,553
Feb 2005023445.226.31$1,477
Jan 2005027743.166.32$1,751
Dec 2004023039.866.75$1,553
Nov 2004027045.286.33$1,709
Oct 2004027049.706.52$1,759
Sep 2004021843.245.28$1,152
Aug 2004027442.375.55$1,521
Jul 2004027438.286.08$1,667
Jun 2004026436.106.43$1,698
May 2004026237.486.49$1,702
Apr 2004027334.475.86$1,599
Mar 2004026734.365.53$1,477
Feb 2004031032.455.51$1,708
Jan 20041034932.036.30$2,519
Dec 2003021330.266.30$1,342
Nov 2003010228.804.60$469
Oct 2003022928.174.76$1,090
Sep 20032024426.314.75$1,685
Aug 2003024429.765.13$1,252
Jul 2003028129.415.17$1,453
Jun 2003025428.565.98$1,520
May 2003029826.595.97$1,780
Apr 2003030826.675.41$1,665
Mar 2003030331.146.10$1,847
Feb 2003025733.487.93$2,037
Jan 2003025130.315.58$1,401
Dec 2002024726.914.85$1,199
Nov 2002034824.664.14$1,440
Oct 2002031826.464.23$1,345
Sep 2002030027.443.64$1,091
Aug 2002036925.963.16$1,168
Jul 2002060024.583.06$1,837
Jun 2002069723.733.34$2,327
May 2002078024.663.58$2,796
Apr 20022183623.653.51$3,433
Mar 2002075522.003.10$2,343
Feb 2002033518.222.38$796
Jan 2002053417.172.38$1,269
Dec 2001031116.932.36$735
Nov 2001037818.072.41$909
Oct 20010819.782.53$20
Sep 200109324.262.25$209
Aug 2001044024.873.05$1,343
Jul 2001067323.933.20$2,152
Jun 2001043524.563.82$1,664
May 2001062825.524.31$2,705
Apr 2001054724.685.34$2,918
Mar 2001046924.545.38$2,522
Feb 2001067427.755.77$3,887
Jan 2001082527.478.40$6,929
Dec 2000068126.889.12$6,212
Nov 2000073432.215.66$4,153
Oct 200001,02731.235.15$5,284
Sep 200001,07531.875.19$5,575
Aug 200001,01829.644.54$4,622
Jul 200001,54728.534.09$6,327
Jun 200001,35129.304.40$5,941
May 200001,53027.263.68$5,630
Apr 200001,87824.513.12$5,852
Mar 200002,00428.422.86$5,731
Feb 200001,96827.622.73$5,366
Jan 200002,02925.272.48$5,033
Dec 19991862,23024.282.42$9,921
Nov 199902,16923.192.43$5,279
Oct 199902,20320.982.80$6,177
Sep 199901,91321.752.62$5,010
Aug 199902,07919.262.88$5,978
Jul 199902,05717.892.37$4,880
Jun 199902,12215.942.36$5,012
May 199902,32415.792.32$5,394
Apr 199902,38015.102.21$5,255
Mar 199902,63312.471.84$4,840
Feb 199902,3909.981.82$4,345
Jan 199902,71310.381.90$5,155
Dec 199802,7239.201.77$4,829
Nov 199802,78710.892.19$6,092
Oct 199802,68812.421.97$5,293
Sep 199802,89812.592.08$6,035
Aug 199803,18411.301.91$6,073
Jul 199802,77211.742.24$6,202
Jun 199802,07111.242.24$4,633
May 199822,32312.622.21$5,151
Apr 199803,06813.042.51$7,686
Mar 199802,28112.802.31$5,268
Feb 19981862,94513.952.30$9,366
Jan 199803,47514.702.15$7,488
Dec 199701,20316.322.41$2,901
Nov 199702,35718.193.09$7,279
Oct 199701,94819.253.15$6,136
Sep 199702,56317.742.95$7,573
Aug 199702,20717.862.55$5,638
Jul 199703,07717.582.25$6,914
Jun 199703,23117.242.26$7,293
May 199703,84118.972.31$8,867
Apr 199702,17617.882.08$4,532
Mar 199703,37818.951.94$6,550
Feb 199703,31220.492.21$7,306
Jan 199703,82323.483.54$13,532
Dec 199603,80323.32$0
Nov 199603,94421.97$0
Oct 199604,76423.31$0
Sep 199603,99622.22$0
Aug 199604,79320.26$0
Jul 199604,94319.55$0
Jun 199604,40718.73$0
May 199604,67819.43$0
Apr 199604,93121.51$0
Mar 199604,66619.38$0
Feb 199605,27016.98$0
Jan 19961896,48617.07$3,226
Dec 199509,71317.19$0
Nov 199502,64216.00$0
Oct 199502,57015.43$0
Sep 199502,81816.18$0
Aug 199502,63715.92$0
Jul 199502,68615.24$0
Jun 199502,72816.41$0
May 199502,56817.56$0
Apr 199502,66617.73$0
Mar 199501,64616.44$0
Feb 199501,54316.58$0
Jan 199502,97515.92$0
Dec 199404,79915.03$0
Nov 199402,56515.90$0
Oct 199402,80615.58$0
Sep 19940015.29$0
Aug 199402,97316.13$0
Jul 199404,60517.56$0
Jun 199404,44817.09$0
May 199404,27015.88$0
Apr 199404,93614.14$0
Mar 199404,71212.46$0
Feb 199404,29212.50$0
Jan 199404,76312.66$0
Dec 199304,22512.33$0
Nov 19931864,75714.49$2,695
Oct 199304,18515.85$0
Sep 199304,23715.03$0
Aug 199305,24315.66$0
Jul 199305,93415.46$0
Jun 199305,64216.79$0
May 199305,90217.68$0
Apr 199305,91918.05$0
Mar 199305,61218.14$0
Feb 199305,36917.90$0
Jan 199305,87216.93$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 2013 — as filed, then multipliedworked
Condensate           174 bbl  × $ 91.60 =    $15,938
Gas                    0 Mcf  × $  3.42 =         $0

────────────────────────────────────────────────────
Month total                                  $15,938

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/123564 is the state's own key, not one this site invented.