COURSON RANCH 157

Operated by LATIGO PETROLEUM, LLC (P-5 488260) in the LIPS (CLEVELAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 181673District 10Field 538473322 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.2 M
Mar 2001 – Dec 2017
Value, last 12 filed months
$14 k
at the published price for each month
Months reported
202
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 37 leases and 40 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
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2008-05-01.

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 08/01/2000.

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 Gas112002-06-13147886
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
CondensateDisposition508 bbl$20,325
GasProduction180,182 Mcf$1,186,854
Total$1,207,179

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 36.0541, -100.8597. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.05412, -100.85967 · 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
9,260 ft
1 wells filed one
Completion to plug
17.7 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 9,260 ft.

Completions filed
Nov 1999
1 of 1 wells
Plug dates filed
Jul 2017
1 of 1 wells

Last completion to plug: a median of 17.7 years across the 1 well that filed both dates, with the middle half between 17.7 years and 17.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-393311484A9,260 ftNov 1999Jul 2017Yes

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 (202)

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

202 months

Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 2017292047.523.09$13,876
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
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 2014014597.406.19$898
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 20130091.603.42$0
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 200903365.543.06$101
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 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 2007040355.108.22$3,311
Jan 2007031,86650.306.73$214,358
Dec 2006076,64756.656.92$530,278
Nov 2006017,48554.207.62$133,192
Oct 2006037854.906.01$2,273
Sep 2006056860.085.04$2,861
Aug 2006053568.717.34$3,927
Jul 2006086769.376.34$5,499
Jun 2006075866.286.38$4,839
May 2006068766.016.42$4,414
Apr 2006067164.397.36$4,939
Mar 2006077056.707.08$5,454
Feb 2006073357.597.75$5,682
Jan 200601,67460.598.93$14,954
Dec 2005072854.9413.42$9,766
Nov 2005079754.6910.59$8,439
Oct 2005074458.3413.80$10,264
Sep 2005081561.4512.08$9,844
Aug 2005075561.519.80$7,397
Jul 2005076955.697.84$6,032
Jun 2005081352.337.38$6,001
May 2005095945.226.65$6,378
Apr 2005077449.207.36$5,697
Mar 2005062150.377.15$4,443
Feb 200501,23445.226.31$7,789
Jan 2005050643.166.32$3,199
Dec 2004088839.866.75$5,995
Nov 2004087445.286.33$5,533
Oct 2004085849.706.52$5,590
Sep 2004099043.245.28$5,231
Aug 200401,02042.375.55$5,662
Jul 2004098138.286.08$5,969
Jun 20044656436.106.43$5,289
May 2004054937.486.49$3,566
Apr 2004099534.475.86$5,829
Mar 2004097534.365.53$5,392
Feb 2004083532.455.51$4,601
Jan 2004058232.036.30$3,666
Dec 2003036830.266.30$2,319
Nov 2003068528.804.60$3,148
Oct 200317066828.174.76$7,968
Sep 2003066826.314.75$3,173
Aug 2003069629.765.13$3,570
Jul 2003054829.415.17$2,834
Jun 2003065628.565.98$3,925
May 2003073526.595.97$4,390
Apr 2003044226.675.41$2,390
Mar 2003060831.146.10$3,706
Feb 2003048533.487.93$3,844
Jan 2003049630.315.58$2,769
Dec 2002042626.914.85$2,068
Nov 2002032024.664.14$1,324
Oct 2002056726.464.23$2,398
Sep 200201,15927.443.64$4,213
Aug 2002088625.963.16$2,803
Jul 2002089824.583.06$2,749
Jun 2002098223.733.34$3,278
May 2002098124.663.58$3,516
Apr 2002086923.653.51$3,052
Mar 200201,48522.003.10$4,608
Feb 2002076518.222.38$1,817
Jan 2002094617.172.38$2,247
Dec 200101,04116.932.36$2,461
Nov 2001092518.072.41$2,225
Oct 2001096419.782.53$2,438
Sep 2001078924.262.25$1,776
Aug 200101,06424.873.05$3,249
Jul 2001096923.933.20$3,098
Jun 2001079024.563.82$3,021
May 2001074025.524.31$3,187
Apr 2001079424.685.34$4,236
Mar 2001092124.545.38$4,952

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 2017 — as filed, then multipliedworked
Condensate           292 bbl  × $ 47.52 =    $13,876
Gas                    0 Mcf  × $  3.09 =         $0

────────────────────────────────────────────────────
Month total                                  $13,876

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/181673 is the state's own key, not one this site invented.