COBLE TURKEY TRACK

Operated by COBLE OIL L.C. (P-5 163003) in the ARRINGTON, WEST (HUNTON) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 6972District 10Field 03858500OilCasinghead gasSaveExport
Value, all time
$1.7 M
May 1994 – Sep 1998
Value, last 12 filed months
$46 k
at the published price for each month
Months reported
53
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 4 leases and 15 wells, and the rule below applies to all of them.

Discovered
1988-06-09
as the register files it
Field class
Oil
the register's own label
Between wells
600 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 1996-04-02.

The Commission's schedule remark for this field reads: DOCKET NO. 10-0201456

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
OilDisposition99,558 bbl$1,686,929
Casinghead gasProduction1 Mcf$0
Total$1,686,929

1 Mcf of this lease's gas, across 1 month, 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 35.8758, -101.2772. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.87581, -101.27719 · 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
8,800 ft
1 wells filed one
Completion to plug
4.1 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 8,800 ft.

Completions filed
May 1994
1 of 1 wells
Plug dates filed
Jun 1998
1 of 1 wells

Last completion to plug: a median of 4.1 years across the 1 well that filed both dates, with the middle half between 4.1 years and 4.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2333164818,800 ftMay 1994Jun 1998Yes

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 (53)

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

53 months

Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 1998415011.742.24$4,872
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 1998470013.952.30$6,557
Jan 1998400014.702.15$5,880
Dec 1997460016.322.41$7,507
Nov 1997433018.193.09$7,876
Oct 1997666019.253.15$12,821
Sep 1997779017.742.95$13,819
Aug 1997439017.862.55$7,841
Jul 1997345017.582.25$6,065
Jun 1997412017.242.26$7,103
May 199726018.972.31$493
Apr 19970017.882.08$0
Mar 1997879018.951.94$16,657
Feb 1997947020.492.21$19,404
Jan 1997913023.483.54$21,437
Dec 19961,377023.32$32,112
Nov 1996940021.97$20,652
Oct 19961,429023.31$33,310
Sep 1996384022.22$8,532
Aug 1996926020.26$18,761
Jul 1996900019.55$17,595
Jun 1996856018.73$16,033
May 19961,400019.43$27,202
Apr 19961,318021.51$28,350
Mar 19961,152019.38$22,326
Feb 19961,439016.98$24,434
Jan 19961,870017.07$31,921
Dec 19951,905017.19$32,747
Nov 19951,916016.00$30,656
Oct 19951,908015.43$29,440
Sep 19952,346016.18$37,958
Aug 19952,846015.92$45,308
Jul 19952,368015.24$36,088
Jun 19952,368016.41$38,859
May 19952,838017.56$49,835
Apr 19953,287017.73$58,279
Mar 19953,685016.44$60,581
Feb 19953,733016.58$61,893
Jan 19954,628015.92$73,678
Dec 19945,104015.03$76,713
Nov 19944,653015.90$73,983
Oct 19944,912015.58$76,529
Sep 19946,140015.29$93,881
Aug 19946,859016.13$110,636
Jul 19946,125017.56$107,555
Jun 19946,778017.09$115,836
May 19943,584115.88$56,914

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 1998 — as filed, then multipliedworked
Oil                  415 bbl  × $ 11.74 =     $4,872
Casinghead gas         0 Mcf  × $  2.24 =         $0

────────────────────────────────────────────────────
Month total                                   $4,872

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/6972 is the state's own key, not one this site invented.