COCKRELL -A-

Operated by WO OPERATING COMPANY (P-5 935428) in the PANHANDLE HUTCHINSON COUNTY FLD. field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 1302District 10Field 68887001NGPA filingOilCasinghead gasSaveExport
Value, all time
$52 k
Jan 1993 – May 2000
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
89
no gaps in the span
Streams
2
oil, casinghead 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 918 leases and 8,177 wells, and the rule below applies to all of them.

Discovered
1921-12-31
as the register files it
Field class
Oil
the register's own label
Between wells
467 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 1989-05-01.

The Commission's schedule remark for this field reads: SPECIAL TESTING REQUIREMENTS FOR WELLS WITH GOR GREATER THAN 5000.

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
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
OilDisposition3,002 bbl$52,035
Casinghead gasProduction239 Mcf$464
Total$52,499

48 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 (5)

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 35.6731, -101.3148. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

35.67318, -101.31411 · 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
40.0%
2 of 5 wells
With a plug date
40.0%
2 of 5 wells
Median depth
2,993 ft
2 wells filed one
Completion to plug
46.2 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
240.0%
A plug date is filed
240.0%
BothOn the schedule and plugged. Neither fact cancels the other.
240.0%
NeitherNo plug date, and not on the schedule.
360.0%

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

Between 2,985 and 3,001 ft, median 2,993 ft, over the 2 wells that filed a depth.

Completions filed
Jun 1955
1 of 5 wells; 4 filed none
Plug dates filed
Mar 1988 – Aug 2001
2 of 5 wells; 3 filed none

Last completion to plug: a median of 46.2 years across the 1 well that filed both dates, with the middle half between 46.2 years and 46.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

5 wells

42-2330142622,985 ftMar 1988Yes
42-233014357
42-2330143910
42-2338402911
42-233130323W3,001 ftJun 1955Aug 2001Yes

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 (89)

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

89 months

May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 2000199027.622.73$5,496
Jan 20000025.272.48$0
Dec 1999017624.282.42$427
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 1998106012.592.08$1,335
Aug 1998106011.301.91$1,198
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 1998105012.622.21$1,325
Apr 19980013.042.51$0
Mar 19980112.802.31$2
Feb 19980113.952.30$2
Jan 19980114.702.15$2
Dec 19970116.322.41$2
Nov 199795118.193.09$1,731
Oct 19970119.253.15$3
Sep 19970117.742.95$3
Aug 1997100117.862.55$1,789
Jul 19970117.582.25$2
Jun 199799117.242.26$1,709
May 19970118.972.31$2
Apr 19970117.882.08$2
Mar 1997103118.951.94$1,954
Feb 19970120.492.21$2
Jan 19970123.483.54$4
Dec 19960123.32$0
Nov 1996100121.97$2,197
Oct 19960123.31$0
Sep 1996115122.22$2,555
Aug 19960120.26$0
Jul 199683119.55$1,623
Jun 19960118.73$0
May 19960119.43$0
Apr 1996103121.51$2,216
Mar 19960119.38$0
Feb 1996170116.98$2,887
Jan 19960117.07$0
Dec 19950117.19$0
Nov 19950116.00$0
Oct 19950115.43$0
Sep 19950116.18$0
Aug 1995168115.92$2,675
Jul 19950115.24$0
Jun 19950116.41$0
May 1995130117.56$2,283
Apr 19950117.73$0
Mar 19950116.44$0
Feb 19950116.58$0
Jan 1995166115.92$2,643
Dec 19940115.03$0
Nov 19940115.90$0
Oct 19940115.58$0
Sep 1994150115.29$2,294
Aug 19940116.13$0
Jul 19940117.56$0
Jun 19940117.09$0
May 1994153115.88$2,430
Apr 19940114.14$0
Mar 19940112.46$0
Feb 1994150112.50$1,875
Jan 19940112.66$0
Dec 19930112.33$0
Nov 1993145114.49$2,101
Oct 19930115.85$0
Sep 19930115.03$0
Aug 19930115.66$0
Jul 1993169115.46$2,613
Jun 19930116.79$0
May 1993166117.68$2,935
Apr 1993121118.05$2,184
Mar 19930118.14$0
Feb 19930117.90$0
Jan 19930116.93$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.

Feb 2000 — as filed, then multipliedworked
Oil                  199 bbl  × $ 27.62 =     $5,496
Casinghead gas         0 Mcf  × $  2.73 =         $0

────────────────────────────────────────────────────
Month total                                   $5,496

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/O/1302 is the state's own key, not one this site invented.