COCKRELL -E-

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 1306District 10Field 68887001NGPA filingOilCasinghead gasSaveExport
Value, all time
$81 k
Jan 1993 – May 2000
Value, last 12 filed months
$14 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
NGPA2none

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
OilDisposition3,504 bbl$60,846
Casinghead gasProduction13,836 Mcf$20,453
Total$81,299

5,205 Mcf of this lease's gas, across 47 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 (2)

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 35.6751, -101.3199. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

35.67509, -101.31991 · 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
0.0%
0 of 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
no depth filed
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
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.
2100.0%

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.

2 wells

42-233840403
42-233840414

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 200087027.622.73$2,403
Jan 20000125.272.48$2
Dec 1999028424.282.42$688
Nov 1999013923.192.43$338
Oct 1999024920.982.80$698
Sep 1999029621.752.62$775
Aug 199926034019.262.88$5,985
Jul 19997227717.892.37$1,945
Jun 1999028815.942.36$680
May 1999011215.792.32$260
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 199901479.981.82$267
Jan 1999024510.381.90$465
Dec 199802999.201.77$530
Nov 1998044110.892.19$964
Oct 1998049012.421.97$965
Sep 1998017112.592.08$356
Aug 1998014811.301.91$282
Jul 199816560711.742.24$3,295
Jun 1998029911.242.24$669
May 1998017112.622.21$377
Apr 199802113.042.51$53
Mar 199806312.802.31$145
Feb 1998019013.952.30$437
Jan 1998010214.702.15$220
Dec 199716817716.322.41$3,169
Nov 1997021018.193.09$649
Oct 1997028619.253.15$901
Sep 1997033217.742.95$981
Aug 199716936317.862.55$3,946
Jul 1997033317.582.25$748
Jun 199716932217.242.26$3,640
May 1997038318.972.31$884
Apr 1997026017.882.08$542
Mar 199716129418.951.94$3,621
Feb 199707420.492.21$163
Jan 1997021723.483.54$768
Dec 1996021723.32$0
Nov 1996031721.97$0
Oct 1996033123.31$0
Sep 199614835422.22$3,289
Aug 1996043920.26$0
Jul 1996039519.55$0
Jun 199616538518.73$3,090
May 1996039119.43$0
Apr 1996038121.51$0
Mar 199616828119.38$3,256
Feb 1996032416.98$0
Jan 1996037017.07$0
Dec 199516528117.19$2,836
Nov 1995063716.00$0
Oct 199507015.43$0
Sep 19950116.18$0
Aug 1995167115.92$2,659
Jul 19950115.24$0
Jun 1995167116.41$2,740
May 19950117.56$0
Apr 19950117.73$0
Mar 1995144116.44$2,367
Feb 19950116.58$0
Jan 1995165115.92$2,627
Dec 19940115.03$0
Nov 1994171115.90$2,719
Oct 19940115.58$0
Sep 1994166115.29$2,538
Aug 19940116.13$0
Jul 1994147117.56$2,581
Jun 19940117.09$0
May 19940115.88$0
Apr 19940114.14$0
Mar 19940112.46$0
Feb 19940112.50$0
Jan 19940112.66$0
Dec 1993146012.33$1,800
Nov 19930114.49$0
Oct 19930115.85$0
Sep 19930115.03$0
Aug 19930115.66$0
Jul 19930115.46$0
Jun 19930116.79$0
May 1993166117.68$2,935
Apr 19930118.05$0
Mar 1993168118.14$3,048
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                   87 bbl  × $ 27.62 =     $2,403
Casinghead gas         0 Mcf  × $  2.73 =         $0

────────────────────────────────────────────────────
Month total                                   $2,403

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/1306 is the state's own key, not one this site invented.