COURSON -B- 12

Operated by BP AMERICA PRODUCTION COMPANY (P-5 40798) in the HANSFORD (MORROW, LOWER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 148300District 10Field 387975582 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.3 M
Feb 1994 – May 2015
Value, last 12 filed months
$35 k
at the published price for each month
Months reported
256
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 361 leases and 361 wells, and the rule below applies to all of them.

Discovered
1959-01-01
as the register files it
Field class
Gas
the register's own label
Between wells
2,500 ft
minimum
From a lease line
1,250 ft
minimum

A drilling unit in this field needs at least 640 acres. The field rule took effect on 1959-01-01.

The Commission's schedule remark for this field reads: SURVEY

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
High Cost Gas111994-09-15130431
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
CondensateDisposition6,727 bbl$193,301
GasProduction466,437 Mcf$1,135,935
Total$1,329,236

204,613 Mcf of this lease's gas, across 35 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 36.0208, -100.9877. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.02080, -100.98774 · 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
0.0%
0 of 1 wells
Median depth
8,841 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
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 8,841 ft.

Completions filed
May 2015
1 of 1 wells

1 well

42-3933120512388,841 ftMay 2015Yes

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 (256)

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

256 months

May 201591055.212.96$5,024
Apr 201538049.822.71$1,893
Mar 2015020842.892.93$610
Feb 2015025444.662.98$756
Jan 2015063543.433.10$1,969
Dec 201401,35654.693.59$4,870
Nov 2014036370.464.25$1,543
Oct 201401,09878.303.90$4,283
Sep 201401,00586.164.05$4,066
Aug 2014076689.394.04$3,091
Jul 2014075296.564.18$3,143
Jun 2014077298.164.74$3,657
May 2014090394.734.73$4,268
Apr 2014082395.944.81$3,958
Mar 201419171095.895.06$21,905
Feb 2014071197.406.19$4,403
Jan 2014079190.404.86$3,845
Dec 2013016791.824.35$727
Nov 2013017988.853.74$669
Oct 2013020597.423.78$775
Sep 20130929104.113.72$3,454
Aug 2013060104.253.52$211
Jul 20130105102.523.72$390
Jun 2013016894.403.93$661
May 2013060094.834.15$2,489
Apr 2013069193.964.28$2,959
Mar 2013085493.623.91$3,342
Feb 201305291.233.42$178
Jan 201309791.603.42$332
Dec 2012086886.773.42$2,969
Nov 2012021086.953.62$761
Oct 2012057289.383.40$1,945
Sep 2012064694.672.92$1,885
Aug 201201,24792.662.91$3,626
Jul 201207285.133.02$218
Jun 2012020479.822.52$514
May 2012049491.612.49$1,229
Apr 20120134101.652.00$268
Mar 2012045105.052.22$100
Feb 20120126101.102.57$324
Jan 2012045898.092.73$1,252
Dec 201117541196.873.24$18,284
Nov 2011063495.723.31$2,099
Oct 2011083784.983.65$3,054
Sep 2011049483.623.99$1,969
Aug 2011037083.404.15$1,535
Jul 2011063594.144.52$2,868
Jun 2011068792.904.64$3,188
May 2011074498.134.40$3,277
Apr 20110785105.964.33$3,402
Mar 2011041096.364.06$1,664
Feb 2011021485.644.18$895
Jan 2011067386.504.59$3,088
Dec 2010079685.734.35$3,461
Nov 201001,23480.843.80$4,683
Oct 2010092878.103.51$3,256
Sep 2010076372.633.98$3,036
Aug 2010089173.684.42$3,938
Jul 2010040872.554.74$1,932
Jun 2010056470.364.91$2,769
May 201019275871.124.24$16,865
Apr 2010074581.694.12$3,071
Mar 2010093078.394.39$4,081
Feb 2010053573.585.44$2,912
Jan 201001,22174.365.96$7,282
Dec 2009025371.445.48$1,387
Nov 2009075074.593.75$2,814
Oct 2009094472.544.11$3,880
Sep 2009097765.543.06$2,994
Aug 2009085467.423.22$2,749
Jul 200901,46661.133.46$5,079
Jun 2009038266.163.90$1,488
May 2009018854.743.93$738
Apr 2009010946.773.59$391
Mar 2009016942.144.06$686
Feb 2009057032.814.63$2,641
Jan 2009093235.865.37$5,006
Dec 2008032337.105.98$1,931
Nov 2008087055.496.86$5,969
Oct 200818086775.246.92$19,545
Sep 200801,096101.767.88$8,633
Aug 20080728114.228.48$6,176
Jul 200801,389131.0811.39$15,820
Jun 20080723131.3313.03$9,423
May 200801,105123.1711.57$12,790
Apr 20080718110.3110.45$7,507
Mar 200801,009101.909.66$9,751
Feb 2008048392.538.77$4,236
Jan 2008083790.388.21$6,868
Dec 2007033088.337.30$2,410
Nov 2007097991.677.29$7,139
Oct 2007094782.856.92$6,555
Sep 200701,21175.846.24$7,562
Aug 2007094769.066.39$6,049
Jul 2007059670.906.39$3,807
Jun 2007096262.007.55$7,262
May 200701,40658.747.85$11,032
Apr 200701,18759.617.81$9,265
Mar 2007029156.927.30$2,125
Feb 2007013755.108.22$1,126
Jan 2007071650.306.73$4,816
Dec 2006043356.656.92$2,996
Nov 2006063954.207.62$4,868
Oct 200601,20454.906.01$7,241
Sep 200614280960.085.04$12,606
Aug 200601,49368.717.34$10,959
Jul 2006055569.376.34$3,520
Jun 200601,13866.286.38$7,265
May 2006089366.016.42$5,738
Apr 200601,23564.397.36$9,090
Mar 200601,20456.707.08$8,528
Feb 200601,04257.597.75$8,077
Jan 200601,12260.598.93$10,023
Dec 200519768054.9413.42$19,946
Nov 200501,94154.6910.59$20,552
Oct 2005048358.3413.80$6,663
Sep 2005029461.4512.08$3,551
Aug 200501,70761.519.80$16,723
Jul 200502,36355.697.84$18,535
Jun 200501,79052.337.38$13,212
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 2005014345.226.31$903
Jan 2005031543.166.32$1,991
Dec 2004021139.866.75$1,424
Nov 2004066845.286.33$4,229
Oct 200401,22949.706.52$8,007
Sep 2004099143.245.28$5,236
Aug 200401,06442.375.55$5,906
Jul 200401,31838.286.08$8,019
Jun 200401,13036.106.43$7,269
May 20041721,33937.486.49$15,143
Apr 200401,14834.475.86$6,726
Mar 200401,24534.365.53$6,885
Feb 200401,58132.455.51$8,711
Jan 200401,17532.036.30$7,402
Dec 2003022530.266.30$1,418
Nov 2003089628.804.60$4,117
Oct 200301,40628.174.76$6,692
Sep 200301,57726.314.75$7,490
Aug 2003096829.765.13$4,966
Jul 200301,11729.415.17$5,776
Jun 2003094728.565.98$5,666
May 20032011,56526.595.97$14,692
Apr 200301,43726.675.41$7,770
Mar 200301,51731.146.10$9,248
Feb 2003098133.487.93$7,775
Jan 200301,45730.315.58$8,133
Dec 200201,43026.914.85$6,941
Nov 200201,54624.664.14$6,396
Oct 200201,65726.464.23$7,008
Sep 20021931927.443.64$5,365
Aug 200201,41925.963.16$4,490
Jul 200201,70124.583.06$5,208
Jun 200201,67923.733.34$5,605
May 200204,42924.663.58$15,874
Apr 200204,29323.653.51$15,078
Mar 200202,95322.003.10$9,162
Feb 200203,91718.222.38$9,306
Jan 200202,64917.172.38$6,293
Dec 200103,13816.932.36$7,419
Nov 200102,45518.072.41$5,906
Oct 200102,84119.782.53$7,185
Sep 20011972,56324.262.25$10,549
Aug 200102,98824.873.05$9,123
Jul 200102,92123.933.20$9,339
Jun 200102,41924.563.82$9,251
May 200102,29925.524.31$9,903
Apr 200101,79024.685.34$9,550
Mar 20011931,79624.545.38$14,392
Feb 200101,51627.755.77$8,743
Jan 200102,21227.478.40$18,578
Dec 200002,23526.889.12$20,389
Nov 200001,59432.215.66$9,019
Oct 20001033,11831.235.15$19,260
Sep 2000079131.875.19$4,103
Aug 20005469429.644.54$4,752
Jul 2000026028.534.09$1,063
Jun 2000022529.304.40$989
May 2000049927.263.68$1,836
Apr 2000047624.513.12$1,483
Mar 200001,22628.422.86$3,506
Feb 200002,12427.622.73$5,791
Jan 200002,36725.272.48$5,871
Dec 199901,73224.282.42$4,198
Nov 199902,51023.192.43$6,109
Oct 1999811,81220.982.80$6,780
Sep 199901,59021.752.62$4,164
Aug 19991032,10219.262.88$8,028
Jul 199901,36717.892.37$3,243
Jun 19991221,38215.942.36$5,209
May 199903,12015.792.32$7,242
Apr 199901,36215.102.21$3,007
Mar 199903,03912.471.84$5,587
Feb 199902,4999.981.82$4,543
Jan 1999157110.381.90$1,632
Dec 1998009.201.77$0
Nov 199802010.892.19$44
Oct 199801,42612.421.97$2,808
Sep 1998077512.592.08$1,614
Aug 199803,22811.301.91$6,157
Jul 199801,39411.742.24$3,119
Jun 199801,87511.242.24$4,195
May 199801,63012.622.21$3,596
Apr 19981931,54013.042.51$6,375
Mar 199802,29112.802.31$5,291
Feb 199802,15213.952.30$4,948
Jan 199802,74914.702.15$5,924
Dec 19971832,34716.322.41$8,645
Nov 199702,26218.193.09$6,986
Oct 199705,49219.253.15$17,299
Sep 19971832,24217.742.95$9,871
Aug 199702,21517.862.55$5,659
Jul 199704,41417.582.25$9,918
Jun 199703,83417.242.26$8,654
May 19971882,49118.972.31$9,317
Apr 199702,39217.882.08$4,982
Mar 199701,59118.951.94$3,085
Feb 199702,67120.492.21$5,892
Jan 199702,91523.483.54$10,318
Dec 199602,77823.32$0
Nov 199601,66321.97$0
Oct 19962012,85223.31$4,685
Sep 199602,62622.22$0
Aug 199602,48820.26$0
Jul 199602,84919.55$0
Jun 19961803,27118.73$3,371
May 199602,40719.43$0
Apr 19961873,76521.51$4,022
Mar 199604,57019.38$0
Feb 199606,38616.98$0
Jan 19962152,99917.07$3,670
Dec 199504,92017.19$0
Nov 199504,11216.00$0
Oct 19951864,17715.43$2,870
Sep 199504,83316.18$0
Aug 19951854,97015.92$2,945
Jul 199506,29915.24$0
Jun 19951816,45516.41$2,970
May 199505,79917.56$0
Apr 19951755,64417.73$3,103
Mar 1995145,25316.44$230
Feb 19951886,45916.58$3,117
Jan 199506,22915.92$0
Dec 19942038,01315.03$3,051
Nov 199407,47215.90$0
Oct 19941826,66215.58$2,836
Sep 19941827,50015.29$2,783
Aug 19941838,19016.13$2,952
Jul 199407,75717.56$0
Jun 19941838,42017.09$3,127
May 19941859,76015.88$2,938
Apr 19941879,19014.14$2,644
Mar 199418113,31212.46$2,255
Feb 1994014,53312.50$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.

May 2015 — as filed, then multipliedworked
Condensate            91 bbl  × $ 55.21 =     $5,024
Gas                    0 Mcf  × $  2.96 =         $0

────────────────────────────────────────────────────
Month total                                   $5,024

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/148300 is the state's own key, not one this site invented.