COURSON -B- 8

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

Gas lease lease 165342District 10Field 53854500CondensateGasSaveExport
Value, all time
$606 k
Oct 1996 – Jul 2005
Value, last 12 filed months
$0
at the published price for each month
Months reported
106
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 45 leases and 45 wells, and the rule below applies to all of them.

Discovered
1958-02-06
as the register files it
Field class
Oil and 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 1961-09-01.

The Commission's schedule remark for this field reads: PETRO (CLEVELAND) FLD 68735120 EFC 5/1/11

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
CondensateDisposition505 bbl$10,100
GasProduction237,039 Mcf$596,237
Total$606,337

15,979 Mcf of this lease's gas, across 3 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 36.0293, -101.0331. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.02934, -101.03308 · 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
8,850 ft
1 wells filed one
Completion to plug
8.3 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 8,850 ft.

Completions filed
Oct 1996
1 of 1 wells
Plug dates filed
Jan 2005
1 of 1 wells

Last completion to plug: a median of 8.3 years across the 1 well that filed both dates, with the middle half between 8.3 years and 8.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-39330760248,850 ftOct 1996Jan 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 (106)

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

106 months

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 200301926.314.75$90
Aug 200301929.765.13$97
Jul 200301929.415.17$98
Jun 200301828.565.98$108
May 200301926.595.97$113
Apr 200301826.675.41$97
Mar 200301931.146.10$116
Feb 200301733.487.93$135
Jan 200301930.315.58$106
Dec 200201926.914.85$92
Nov 200201824.664.14$74
Oct 200201926.464.23$80
Sep 200201827.443.64$65
Aug 200201925.963.16$60
Jul 200201924.583.06$58
Jun 2002034523.733.34$1,152
May 200201,47124.663.58$5,272
Apr 200201,29323.653.51$4,541
Mar 200201,24422.003.10$3,860
Feb 200201,67218.222.38$3,972
Jan 200202,76417.172.38$6,566
Dec 200101,24816.932.36$2,951
Nov 200101,18818.072.41$2,858
Oct 200101,35019.782.53$3,414
Sep 200101,37824.262.25$3,102
Aug 200101,89524.873.05$5,786
Jul 200101,29223.933.20$4,131
Jun 200101,39524.563.82$5,335
May 200101,04025.524.31$4,480
Apr 2001094224.685.34$5,026
Mar 2001094024.545.38$5,054
Feb 2001074327.755.77$4,285
Jan 2001074327.478.40$6,240
Dec 2000093526.889.12$8,530
Nov 2000080032.215.66$4,526
Oct 200001,44531.235.15$7,435
Sep 200002,15531.875.19$11,177
Aug 200002,56129.644.54$11,629
Jul 200003,67828.534.09$15,042
Jun 200004,61429.304.40$20,289
May 200003,47627.263.68$12,791
Apr 200002,97424.513.12$9,267
Mar 200004,25428.422.86$12,165
Feb 200003,40927.622.73$9,295
Jan 200006,44625.272.48$15,989
Dec 199903,88124.282.42$9,406
Nov 199902,68623.192.43$6,538
Oct 199903,26520.982.80$9,154
Sep 199903,79721.752.62$9,944
Aug 1999923,92719.262.88$13,064
Jul 199903,81217.892.37$9,043
Jun 199904,02115.942.36$9,498
May 199903,63715.792.32$8,442
Apr 199902,97315.102.21$6,565
Mar 199904,04412.471.84$7,434
Feb 199903,8079.981.82$6,920
Jan 1999334,89510.381.90$9,643
Dec 199805,9799.201.77$10,603
Nov 199803,64210.892.19$7,960
Oct 199805,13012.421.97$10,102
Sep 199803,44812.592.08$7,181
Aug 199803,92411.301.91$7,484
Jul 199803,95011.742.24$8,837
Jun 199803,62411.242.24$8,108
May 199804,86312.622.21$10,729
Apr 199803,95413.042.51$9,906
Mar 199804,85512.802.31$11,212
Feb 199804,85513.952.30$11,162
Jan 199804,54914.702.15$9,802
Dec 199705,91616.322.41$14,264
Nov 199703,89418.193.09$12,026
Oct 199705,20619.253.15$16,398
Sep 199706,06017.742.95$17,907
Aug 199704,85817.862.55$12,411
Jul 199706,29817.582.25$14,151
Jun 199706,26617.242.26$14,144
May 199705,39518.972.31$12,454
Apr 199704,86817.882.08$10,139
Mar 19972005,21818.951.94$13,908
Feb 199704,43120.492.21$9,774
Jan 199705,16323.483.54$18,275
Dec 199605,33023.32$0
Nov 199606,06221.97$0
Oct 19961804,58723.31$4,196

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.

Sep 2003 — as filed, then multipliedworked
Condensate             0 bbl  × $ 26.31 =         $0
Gas                   19 Mcf  × $  4.75 =        $90

────────────────────────────────────────────────────
Month total                                      $90

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/165342 is the state's own key, not one this site invented.