WRIGHT

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

Gas lease lease 127589District 10Field 70743160CondensateGasSaveExport
Value, all time
$35 k
Jan 1993 – Sep 2005
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
153
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 5 leases and 5 wells, and the rule below applies to all of them.

Discovered
1985-04-16
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 EFFECTIVE 01/01/86.

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
CondensateDisposition143 bbl$3,441
GasProduction47,206 Mcf$31,707
Total$35,148

35,410 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 36.3896, -100.7822. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.38956, -100.78221 · 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
8,916 ft
1 wells filed one
Completion to plug
17.3 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 8,916 ft.

Completions filed
May 1988
1 of 1 wells
Plug dates filed
Sep 2005
1 of 1 wells

Last completion to plug: a median of 17.3 years across the 1 well that filed both dates, with the middle half between 17.3 years and 17.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3573135118,916 ftMay 1988Sep 2005Yes

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 (153)

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

153 months

Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 200539055.697.84$2,172
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 200302230.315.58$123
Dec 200205926.914.85$286
Nov 20020024.664.14$0
Oct 20020626.464.23$25
Sep 20020727.443.64$25
Aug 20020825.963.16$25
Jul 20020724.583.06$21
Jun 200201323.733.34$43
May 200202024.663.58$72
Apr 200203123.653.51$109
Mar 200203122.003.10$96
Feb 200202618.222.38$62
Jan 200208117.172.38$192
Dec 20010016.932.36$0
Nov 200107618.072.41$183
Oct 200106719.782.53$169
Sep 2001010024.262.25$225
Aug 2001013724.873.05$418
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 200103924.685.34$208
Mar 200104124.545.38$220
Feb 200105427.755.77$311
Jan 200108027.478.40$672
Dec 200009926.889.12$903
Nov 200006732.215.66$379
Oct 200007131.235.15$365
Sep 200004131.875.19$213
Aug 200007629.644.54$345
Jul 200007728.534.09$315
Jun 200009229.304.40$405
May 2000012127.263.68$445
Apr 2000012624.513.12$393
Mar 2000011328.422.86$323
Feb 2000013427.622.73$365
Jan 2000015125.272.48$375
Dec 199909124.282.42$221
Nov 1999012323.192.43$299
Oct 1999014120.982.80$395
Sep 1999013621.752.62$356
Aug 1999014919.262.88$428
Jul 1999017117.892.37$406
Jun 1999016615.942.36$392
May 1999013415.792.32$311
Apr 1999014715.102.21$325
Mar 1999018712.471.84$344
Feb 199901629.981.82$294
Jan 1999020210.381.90$384
Dec 199802189.201.77$387
Nov 1998022810.892.19$498
Oct 1998022012.421.97$433
Sep 1998020112.592.08$419
Aug 1998025011.301.91$477
Jul 1998026411.742.24$591
Jun 19983922311.242.24$937
May 19984029112.622.21$1,147
Apr 19982527513.042.51$1,015
Mar 1998029912.802.31$691
Feb 1998026313.952.30$605
Jan 1998030614.702.15$659
Dec 1997036116.322.41$870
Nov 1997044118.193.09$1,362
Oct 1997042819.253.15$1,348
Sep 1997041517.742.95$1,226
Aug 1997043517.862.55$1,111
Jul 1997045017.582.25$1,011
Jun 1997032817.242.26$740
May 1997013618.972.31$314
Apr 1997035917.882.08$748
Mar 1997052918.951.94$1,026
Feb 1997047020.492.21$1,037
Jan 1997052423.483.54$1,855
Dec 1996054823.32$0
Nov 1996055121.97$0
Oct 1996059423.31$0
Sep 1996049322.22$0
Aug 1996046020.26$0
Jul 1996049919.55$0
Jun 1996054518.73$0
May 1996049519.43$0
Apr 1996054521.51$0
Mar 1996036319.38$0
Feb 1996052216.98$0
Jan 1996059817.07$0
Dec 1995062117.19$0
Nov 1995062516.00$0
Oct 1995068515.43$0
Sep 1995064316.18$0
Aug 1995064315.92$0
Jul 1995062815.24$0
Jun 1995051416.41$0
May 1995062917.56$0
Apr 1995070317.73$0
Mar 1995051216.44$0
Feb 1995052016.58$0
Jan 1995058015.92$0
Dec 1994069715.03$0
Nov 1994077615.90$0
Oct 1994071415.58$0
Sep 1994060715.29$0
Aug 1994068716.13$0
Jul 1994077117.56$0
Jun 1994078317.09$0
May 1994098415.88$0
Apr 1994084514.14$0
Mar 1994090212.46$0
Feb 1994078812.50$0
Jan 1994091812.66$0
Dec 1993094612.33$0
Nov 1993093214.49$0
Oct 199301,01115.85$0
Sep 199301,00215.03$0
Aug 199301,18215.66$0
Jul 1993090015.46$0
Jun 1993091616.79$0
May 199301,12217.68$0
Apr 199301,10818.05$0
Mar 199301,16618.14$0
Feb 1993091817.90$0
Jan 199301,21916.93$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.

Jul 2005 — as filed, then multipliedworked
Condensate            39 bbl  × $ 55.69 =     $2,172
Gas                    0 Mcf  × $  7.84 =         $0

────────────────────────────────────────────────────
Month total                                   $2,172

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/127589 is the state's own key, not one this site invented.