COURSON RANCH 149

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.

Oil lease lease 6893District 10Field 53847332NGPA filingOilCasinghead gasSaveExport
Value, all time
$403 k
Jan 1993 – Aug 2017
Value, last 12 filed months
$0
at the published price for each month
Months reported
296
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 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
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
OilDisposition7,294 bbl$163,758
Casinghead gasProduction110,781 Mcf$239,481
Total$403,238

49,605 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 (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 36.0619, -100.8887. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.06192, -100.88873 · 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
8,600 ft
1 wells filed one
Completion to plug
11.9 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 8,600 ft.

Completions filed
Aug 2005
1 of 1 wells
Plug dates filed
Jul 2017
1 of 1 wells

Last completion to plug: a median of 11.9 years across the 1 well that filed both dates, with the middle half between 11.9 years and 11.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3573200718,600 ftAug 2005Jul 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 (296)

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

296 months

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 20140097.406.19$0
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 20131370104.253.52$14,282
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 20090065.543.06$0
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 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 200506055.697.84$471
Jun 200506752.337.38$495
May 200518928245.226.65$10,422
Apr 2005035249.207.36$2,591
Mar 2005060550.377.15$4,329
Feb 2005037245.226.31$2,348
Jan 2005038443.166.32$2,428
Dec 2004047439.866.75$3,200
Nov 2004039845.286.33$2,520
Oct 2004041749.706.52$2,717
Sep 200418863343.245.28$11,474
Aug 2004052942.375.55$2,936
Jul 2004064838.286.08$3,943
Jun 2004065036.106.43$4,181
May 2004073637.486.49$4,780
Apr 2004060134.475.86$3,521
Mar 200419066734.365.53$10,217
Feb 2004061332.455.51$3,377
Jan 2004074932.036.30$4,718
Dec 2003059230.266.30$3,731
Nov 2003046628.804.60$2,141
Oct 2003062728.174.76$2,984
Sep 2003062526.314.75$2,968
Aug 2003065629.765.13$3,365
Jul 200318870829.415.17$9,190
Jun 2003062428.565.98$3,733
May 2003067826.595.97$4,049
Apr 2003059726.675.41$3,228
Mar 2003064031.146.10$3,901
Feb 2003065833.487.93$5,215
Jan 200319190030.315.58$10,813
Dec 2002079426.914.85$3,854
Nov 2002070224.664.14$2,904
Oct 2002070026.464.23$2,960
Sep 2002064727.443.64$2,352
Aug 2002043825.963.16$1,386
Jul 2002056024.583.06$1,715
Jun 200218960823.733.34$6,515
May 2002064524.663.58$2,312
Apr 2002061723.653.51$2,167
Mar 2002082922.003.10$2,572
Feb 200219188118.222.38$5,573
Jan 2002054117.172.38$1,285
Dec 2001014416.932.36$340
Nov 2001038918.072.41$936
Oct 2001046819.782.53$1,184
Sep 2001034824.262.25$783
Aug 2001065124.873.05$1,988
Jul 2001063723.933.20$2,037
Jun 2001056324.563.82$2,153
May 200118752825.524.31$7,047
Apr 2001044424.685.34$2,369
Mar 2001042424.545.38$2,280
Feb 2001035327.755.77$2,036
Jan 2001039727.478.40$3,334
Dec 2000048026.889.12$4,379
Nov 200019552632.215.66$9,257
Oct 2000071431.235.15$3,674
Sep 2000066531.875.19$3,449
Aug 2000069829.644.54$3,169
Jul 2000072828.534.09$2,977
Jun 2000068529.304.40$3,012
May 200020366527.263.68$7,981
Apr 2000066224.513.12$2,063
Mar 2000074228.422.86$2,122
Feb 2000064227.622.73$1,750
Jan 2000076825.272.48$1,905
Dec 199920170824.282.42$6,596
Nov 1999070323.192.43$1,711
Oct 1999067820.982.80$1,901
Sep 1999072221.752.62$1,891
Aug 199918678819.262.88$5,848
Jul 1999074217.892.37$1,760
Jun 1999078515.942.36$1,854
May 19991861,16915.792.32$5,650
Apr 1999087715.102.21$1,936
Mar 19990012.471.84$0
Feb 199903179.981.82$576
Jan 1999045910.381.90$872
Dec 199804199.201.77$743
Nov 1998050710.892.19$1,108
Oct 1998043812.421.97$863
Sep 1998052312.592.08$1,089
Aug 1998052411.301.91$999
Jul 1998062811.742.24$1,405
Jun 199819363311.242.24$3,586
May 1998067412.622.21$1,487
Apr 1998063313.042.51$1,586
Mar 1998065112.802.31$1,503
Feb 1998054913.952.30$1,262
Jan 199820466914.702.15$4,440
Dec 1997065716.322.41$1,584
Nov 1997059418.193.09$1,834
Oct 1997066819.253.15$2,104
Sep 199719067317.742.95$5,359
Aug 1997065717.862.55$1,678
Jul 1997074117.582.25$1,665
Jun 1997066017.242.26$1,490
May 199720371818.972.31$5,508
Apr 1997065817.882.08$1,370
Mar 1997072818.951.94$1,412
Feb 1997064620.492.21$1,425
Jan 1997068923.483.54$2,439
Dec 199619266723.32$4,477
Nov 1996065921.97$0
Oct 1996073723.31$0
Sep 199618977222.22$4,200
Aug 1996076820.26$0
Jul 1996068419.55$0
Jun 199617968318.73$3,353
May 1996068319.43$0
Apr 199618462321.51$3,958
Mar 1996068819.38$0
Feb 1996065816.98$0
Jan 1996069517.07$0
Dec 1995075017.19$0
Nov 1995084816.00$0
Oct 199518885915.43$2,901
Sep 1995082516.18$0
Aug 1995087915.92$0
Jul 199518291715.24$2,774
Jun 1995081616.41$0
May 1995089317.56$0
Apr 199518094217.73$3,191
Mar 1995096916.44$0
Feb 199501,18916.58$0
Jan 1995099215.92$0
Dec 19941781,10515.03$2,675
Nov 199401,01415.90$0
Oct 19941821,15215.58$2,836
Sep 199401,08715.29$0
Aug 1994089716.13$0
Jul 19941761,08117.56$3,091
Jun 199401,09317.09$0
May 19941881,12715.88$2,985
Apr 199401,16714.14$0
Mar 199401,08312.46$0
Feb 19941851,09912.50$2,313
Jan 199401,27712.66$0
Dec 19931871,39212.33$2,306
Nov 199301,35214.49$0
Oct 19931971,44115.85$3,122
Sep 199301,90715.03$0
Aug 199317784115.66$2,772
Jul 199301,86715.46$0
Jun 19933591,99316.79$6,028
May 199303,63617.68$0
Apr 19931822,67818.05$3,285
Mar 199306018.14$0
Feb 19935786017.90$10,346
Jan 19930016.93$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.

Aug 2013 — as filed, then multipliedworked
Oil                  137 bbl  × $104.25 =    $14,282
Casinghead gas         0 Mcf  × $  3.52 =         $0

────────────────────────────────────────────────────
Month total                                  $14,282

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/6893 is the state's own key, not one this site invented.