CORRELL

Name: CORRELL lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by MGE RESOURCES, INC. (P-5 563288) in the HORIZON (CLEVELAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 2518District 10Field 42597332OilCasinghead gasSave Export

Value, all time

$1.3 M

Jan 1993 – Nov 2013

Value, last 12 filed months

at the published price for each month

Months reported

251

no gaps in the span

Streams

oil, casinghead gas

The HORIZON (CLEVELAND) field

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 172 leases and 292 wells, and the rule below applies to all of them.

Discovered

1957-09-19

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,320 ft

minimum

From a lease line

660 ft

minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1958-06-01.

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.

Stream	Basis	Volume	Value
Oil	Disposition	19,430 bbl	$1,098,050
Casinghead gas	Production	28,045 Mcf	$192,024
Total			$1,290,074

21 Mcf of this lease's gas, across 21 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 (3)

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 36.1560, -100.9917. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

36.15538, -100.99132 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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%

3 of 3 wells

With a plug date

33.3%

1 of 3 wells

Median depth

8,095 ft

2 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

3100.0%

A plug date is filed

133.3%

BothOn the schedule and plugged. Neither fact cancels the other.

133.3%

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

Between 6,790 and 9,400 ft, median 8,095 ft, over the 2 wells that filed a depth.

Completions filed

Dec 1961 – Aug 2005

2 of 3 wells; 1 filed none

Plug dates filed

Mar 1980

1 of 3 wells; 2 filed none

3 wells


42-35780892	2	6,790 ft	—	Mar 1980	Yes
42-35732506	2024	9,400 ft	Aug 2005	—	Yes
42-35700932	1	—	Dec 1961	—	Yes

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 (251)

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

251 months


Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	783	94.14	4.52	$3,537
Jun 2011	375	1,099	92.90	4.64	$39,937
May 2011	190	563	98.13	4.40	$21,125
Apr 2011	0	469	105.96	4.33	$2,032
Mar 2011	199	468	96.36	4.06	$21,074
Feb 2011	0	380	85.64	4.18	$1,588
Jan 2011	176	410	86.50	4.59	$17,105
Dec 2010	176	326	85.73	4.35	$16,506
Nov 2010	0	228	80.84	3.80	$865
Oct 2010	177	256	78.10	3.51	$14,722
Sep 2010	0	263	72.63	3.98	$1,047
Aug 2010	350	387	73.68	4.42	$27,498
Jul 2010	170	392	72.55	4.74	$14,190
Jun 2010	172	366	70.36	4.91	$13,899
May 2010	180	367	71.12	4.24	$14,356
Apr 2010	176	344	81.69	4.12	$15,796
Mar 2010	396	336	78.39	4.39	$32,517
Feb 2010	0	281	73.58	5.44	$1,529
Jan 2010	386	305	74.36	5.96	$30,522
Dec 2009	0	304	71.44	5.48	$1,667
Nov 2009	193	234	74.59	3.75	$15,274
Oct 2009	194	304	72.54	4.11	$15,322
Sep 2009	187	296	65.54	3.06	$13,163
Aug 2009	387	319	67.42	3.22	$27,118
Jul 2009	0	346	61.13	3.46	$1,199
Jun 2009	383	366	66.16	3.90	$26,765
May 2009	187	252	54.74	3.93	$11,226
Apr 2009	0	248	46.77	3.59	$890
Mar 2009	0	353	42.14	4.06	$1,433
Feb 2009	383	318	32.81	4.63	$14,040
Jan 2009	191	212	35.86	5.37	$7,988
Dec 2008	195	241	37.10	5.98	$8,675
Nov 2008	170	323	55.49	6.86	$11,649
Oct 2008	189	350	75.24	6.92	$16,643
Sep 2008	191	369	101.76	7.88	$22,343
Aug 2008	178	297	114.22	8.48	$22,851
Jul 2008	195	342	131.08	11.39	$29,456
Jun 2008	0	345	131.33	13.03	$4,496
May 2008	338	365	123.17	11.57	$45,856
Apr 2008	0	352	110.31	10.45	$3,680
Mar 2008	343	366	101.90	9.66	$38,489
Feb 2008	345	301	92.53	8.77	$34,563
Jan 2008	0	390	90.38	8.21	$3,200
Dec 2007	0	289	88.33	7.30	$2,110
Nov 2007	170	0	91.67	7.29	$15,584
Oct 2007	193	0	82.85	6.92	$15,990
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	546	0	69.06	6.39	$37,707
Jul 2007	0	345	70.90	6.39	$2,204
Jun 2007	388	365	62.00	7.55	$26,811
May 2007	193	344	58.74	7.85	$14,036
Apr 2007	0	424	59.61	7.81	$3,309
Mar 2007	573	454	56.92	7.30	$35,930
Feb 2007	0	267	55.10	8.22	$2,194
Jan 2007	197	215	50.30	6.73	$11,355
Dec 2006	194	122	56.65	6.92	$11,834
Nov 2006	391	501	54.20	7.62	$25,009
Oct 2006	376	514	54.90	6.01	$23,733
Sep 2006	0	500	60.08	5.04	$2,519
Aug 2006	370	552	68.71	7.34	$29,474
Jul 2006	193	584	69.37	6.34	$17,093
Jun 2006	192	588	66.28	6.38	$16,479
May 2006	191	625	66.01	6.42	$16,624
Apr 2006	368	637	64.39	7.36	$28,384
Mar 2006	175	725	56.70	7.08	$15,058
Feb 2006	179	669	57.59	7.75	$15,494
Jan 2006	372	845	60.59	8.93	$30,088
Dec 2005	373	729	54.94	13.42	$30,272
Nov 2005	359	810	54.69	10.59	$28,210
Oct 2005	171	1,298	58.34	13.80	$27,883
Sep 2005	149	0	61.45	12.08	$9,156
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	196	0	55.69	7.84	$10,915
Jun 2005	0	0	52.33	7.38	$0
May 2005	187	0	45.22	6.65	$8,456
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	0	0	50.37	7.15	$0
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	188	0	42.37	5.55	$7,966
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	0	0	36.10	6.43	$0
May 2004	0	0	37.48	6.49	$0
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	186	0	34.36	5.53	$6,391
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	203	0	32.03	6.30	$6,502
Dec 2003	0	0	30.26	6.30	$0
Nov 2003	0	0	28.80	4.60	$0
Oct 2003	181	0	28.17	4.76	$5,099
Sep 2003	0	0	26.31	4.75	$0
Aug 2003	0	0	29.76	5.13	$0
Jul 2003	195	0	29.41	5.17	$5,735
Jun 2003	0	0	28.56	5.98	$0
May 2003	195	0	26.59	5.97	$5,185
Apr 2003	0	0	26.67	5.41	$0
Mar 2003	229	0	31.14	6.10	$7,131
Feb 2003	0	0	33.48	7.93	$0
Jan 2003	0	0	30.31	5.58	$0
Dec 2002	0	0	26.91	4.85	$0
Nov 2002	0	0	24.66	4.14	$0
Oct 2002	0	0	26.46	4.23	$0
Sep 2002	0	0	27.44	3.64	$0
Aug 2002	0	0	25.96	3.16	$0
Jul 2002	0	0	24.58	3.06	$0
Jun 2002	0	0	23.73	3.34	$0
May 2002	0	0	24.66	3.58	$0
Apr 2002	0	0	23.65	3.51	$0
Mar 2002	0	0	22.00	3.10	$0
Feb 2002	0	0	18.22	2.38	$0
Jan 2002	0	0	17.17	2.38	$0
Dec 2001	0	0	16.93	2.36	$0
Nov 2001	0	0	18.07	2.41	$0
Oct 2001	0	0	19.78	2.53	$0
Sep 2001	0	0	24.26	2.25	$0
Aug 2001	0	0	24.87	3.05	$0
Jul 2001	0	0	23.93	3.20	$0
Jun 2001	0	0	24.56	3.82	$0
May 2001	0	0	25.52	4.31	$0
Apr 2001	0	0	24.68	5.34	$0
Mar 2001	0	0	24.54	5.38	$0
Feb 2001	0	0	27.75	5.77	$0
Jan 2001	0	0	27.47	8.40	$0
Dec 2000	0	0	26.88	9.12	$0
Nov 2000	0	0	32.21	5.66	$0
Oct 2000	0	0	31.23	5.15	$0
Sep 2000	0	0	31.87	5.19	$0
Aug 2000	0	0	29.64	4.54	$0
Jul 2000	0	0	28.53	4.09	$0
Jun 2000	0	0	29.30	4.40	$0
May 2000	0	0	27.26	3.68	$0
Apr 2000	0	0	24.51	3.12	$0
Mar 2000	0	1	28.42	2.86	$3
Feb 2000	0	1	27.62	2.73	$3
Jan 2000	0	1	25.27	2.48	$2
Dec 1999	0	1	24.28	2.42	$2
Nov 1999	0	1	23.19	2.43	$2
Oct 1999	0	1	20.98	2.80	$3
Sep 1999	0	0	21.75	2.62	$0
Aug 1999	0	0	19.26	2.88	$0
Jul 1999	0	0	17.89	2.37	$0
Jun 1999	0	0	15.94	2.36	$0
May 1999	0	0	15.79	2.32	$0
Apr 1999	180	0	15.10	2.21	$2,718
Mar 1999	0	0	12.47	1.84	$0
Feb 1999	0	0	9.98	1.82	$0
Jan 1999	0	0	10.38	1.90	$0
Dec 1998	198	0	9.20	1.77	$1,822
Nov 1998	0	0	10.89	2.19	$0
Oct 1998	0	0	12.42	1.97	$0
Sep 1998	0	0	12.59	2.08	$0
Aug 1998	0	0	11.30	1.91	$0
Jul 1998	185	0	11.74	2.24	$2,172
Jun 1998	0	0	11.24	2.24	$0
May 1998	0	0	12.62	2.21	$0
Apr 1998	185	0	13.04	2.51	$2,412
Mar 1998	0	0	12.80	2.31	$0
Feb 1998	0	0	13.95	2.30	$0
Jan 1998	0	0	14.70	2.15	$0
Dec 1997	194	0	16.32	2.41	$3,166
Nov 1997	0	0	18.19	3.09	$0
Oct 1997	0	0	19.25	3.15	$0
Sep 1997	0	0	17.74	2.95	$0
Aug 1997	0	0	17.86	2.55	$0
Jul 1997	177	0	17.58	2.25	$3,112
Jun 1997	0	0	17.24	2.26	$0
May 1997	0	0	18.97	2.31	$0
Apr 1997	193	0	17.88	2.08	$3,451
Mar 1997	0	0	18.95	1.94	$0
Feb 1997	0	0	20.49	2.21	$0
Jan 1997	0	0	23.48	3.54	$0
Dec 1996	185	0	23.32	—	$4,314
Nov 1996	0	0	21.97	—	$0
Oct 1996	0	0	23.31	—	$0
Sep 1996	0	0	22.22	—	$0
Aug 1996	184	0	20.26	—	$3,728
Jul 1996	0	0	19.55	—	$0
Jun 1996	0	0	18.73	—	$0
May 1996	176	0	19.43	—	$3,420
Apr 1996	0	0	21.51	—	$0
Mar 1996	0	0	19.38	—	$0
Feb 1996	155	0	16.98	—	$2,632
Jan 1996	0	0	17.07	—	$0
Dec 1995	0	0	17.19	—	$0
Nov 1995	187	0	16.00	—	$2,992
Oct 1995	0	0	15.43	—	$0
Sep 1995	0	0	16.18	—	$0
Aug 1995	0	0	15.92	—	$0
Jul 1995	173	0	15.24	—	$2,637
Jun 1995	0	0	16.41	—	$0
May 1995	0	0	17.56	—	$0
Apr 1995	190	0	17.73	—	$3,369
Mar 1995	0	0	16.44	—	$0
Feb 1995	0	0	16.58	—	$0
Jan 1995	0	0	15.92	—	$0
Dec 1994	198	0	15.03	—	$2,976
Nov 1994	0	0	15.90	—	$0
Oct 1994	0	0	15.58	—	$0
Sep 1994	0	1	15.29	—	$0
Aug 1994	175	1	16.13	—	$2,823
Jul 1994	0	1	17.56	—	$0
Jun 1994	191	1	17.09	—	$3,264
May 1994	0	1	15.88	—	$0
Apr 1994	0	1	14.14	—	$0
Mar 1994	185	1	12.46	—	$2,305
Feb 1994	0	1	12.50	—	$0
Jan 1994	0	1	12.66	—	$0
Dec 1993	0	1	12.33	—	$0
Nov 1993	171	1	14.49	—	$2,478
Oct 1993	0	1	15.85	—	$0
Sep 1993	0	1	15.03	—	$0
Aug 1993	142	1	15.66	—	$2,224
Jul 1993	0	1	15.46	—	$0
Jun 1993	176	1	16.79	—	$2,955
May 1993	0	1	17.68	—	$0
Apr 1993	185	1	18.05	—	$3,339
Mar 1993	0	1	18.14	—	$0
Feb 1993	0	1	17.90	—	$0
Jan 1993	0	1	16.93	—	$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.

Jul 2011 — as filed, then multipliedworked

Oil                    0 bbl  × $ 94.14 =         $0
Casinghead gas       783 Mcf  × $  4.52 =     $3,537

────────────────────────────────────────────────────
Month total                                   $3,537

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/2518 is the state's own key, not one this site invented.