COURSON RANCH 135

Operated by LATIGO PETROLEUM, INC. (P-5 488264) in the ALPAR-LIPS (ST. LOUIS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 213272District 10Field 01933700CondensateGasSaveExport
Value, all time
$639 k
Aug 2005 – Jun 2010
Value, last 12 filed months
$144 k
at the published price for each month
Months reported
59
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 23 leases and 42 wells, and the rule below applies to all of them.

Discovered
1990-03-08
as the register files it
Field class
Oil and 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: AOF-1 AND AOF-2 EFFECTIVE 04/01/2007.

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
CondensateDisposition5,119 bbl$334,942
GasProduction38,577 Mcf$303,859
Total$638,800

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 36.0328, -100.8423. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.03275, -100.84231 · 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
10,980 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 10,980 ft.

Completions filed
Nov 2009
1 of 1 wells

1 well

42-39331650510,980 ftNov 2009Yes

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 (59)

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

59 months

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 2009453071.445.48$32,362
Nov 20091,3042,91274.593.75$108,190
Oct 2009020772.544.11$851
Sep 2009021465.543.06$656
Aug 2009022667.423.22$727
Jul 2009022461.133.46$776
Jun 2009020666.163.90$802
May 2009023054.743.93$903
Apr 2009019146.773.59$685
Mar 2009016042.144.06$649
Feb 2009010832.814.63$500
Jan 200909435.865.37$505
Dec 2008010337.105.98$616
Nov 2008022355.496.86$1,530
Oct 2008017175.246.92$1,184
Sep 20080156101.767.88$1,229
Aug 2008080114.228.48$679
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 2008092123.1711.57$1,065
Apr 20080128110.3110.45$1,338
Mar 20080163101.909.66$1,575
Feb 200809592.538.77$833
Jan 200803490.388.21$279
Dec 200703188.337.30$226
Nov 200706291.677.29$452
Oct 200708882.856.92$609
Sep 200707975.846.24$493
Aug 2007016969.066.39$1,080
Jul 2007013570.906.39$862
Jun 2007049362.007.55$3,721
May 2007076258.747.85$5,979
Apr 2007090459.617.81$7,056
Mar 2007079256.927.30$5,783
Feb 2007091555.108.22$7,518
Jan 200701,22050.306.73$8,207
Dec 2006060456.656.92$4,179
Nov 20061841,20354.207.62$19,137
Oct 20061891,18054.906.01$17,472
Sep 200619575860.085.04$15,534
Aug 200618691368.717.34$19,481
Jul 20061921,00669.376.34$19,700
Jun 20061971,10966.286.38$20,137
May 20061921,30966.016.42$21,084
Apr 20063791,19864.397.36$33,222
Mar 20061883,35756.707.08$34,437
Feb 20065633,88557.597.75$62,536
Jan 200602,98760.598.93$26,684
Dec 200501,03654.9413.42$13,898
Nov 200501,73354.6910.59$18,350
Oct 20053822,37958.3413.80$55,106
Sep 20055151,84261.4512.08$53,896
Aug 2005041161.519.80$4,027

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.

Dec 2009 — as filed, then multipliedworked
Condensate           453 bbl  × $ 71.44 =    $32,362
Gas                    0 Mcf  × $  5.48 =         $0

────────────────────────────────────────────────────
Month total                                  $32,362

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/213272 is the state's own key, not one this site invented.