COLE, M. T. -B-

Operated by R2Q OPERATING LLC (P-5 687719) in the EAST TEXAS field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 7098District 6EField 27302001OilCasinghead gasSaveExport
Value, all time
$10.6 M
Jan 1993 – May 2026
Value, last 12 filed months
$395 k
at the published price for each month
Months reported
401
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 2,264 leases and 17,267 wells, and the rule below applies to all of them.

Discovered
1930-12-31
as the register files it
Field class
Oil
the register's own label
Between wells
330 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 5 acres. The field rule took effect on 2015-01-27.

The Commission's schedule remark for this field reads: THIS ORDER TO BE CANCELLED

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
OilDisposition195,985 bbl$10,193,775
Casinghead gasProduction114,901 Mcf$392,489
Total$10,586,264

30,473 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.

Every month this lease reported (401)

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

401 months

May 202600106.413.05$0
Apr 2026661098.932.87$65,393
Mar 2026484089.753.15$43,439
Feb 2026836063.503.75$53,086
Jan 2026173059.138.00$10,229
Dec 2025665056.664.41$37,679
Nov 2025512058.593.93$29,998
Oct 2025488059.383.30$28,977
Sep 2025477062.743.08$29,927
Aug 2025339063.933.01$21,672
Jul 2025637066.743.32$42,513
Jun 2025488066.483.13$32,442
May 2025335060.553.23$20,284
Apr 2025672062.363.54$41,906
Mar 2025412067.704.27$27,892
Feb 2025523070.884.34$37,070
Jan 2025629074.324.28$46,747
Dec 2024650068.993.12$44,844
Nov 2024509069.052.20$35,146
Oct 2024660071.372.28$47,104
Sep 2024659069.612.36$45,873
Aug 2024341075.632.06$25,790
Jul 2024500079.932.15$39,965
Jun 2024171078.082.63$13,352
May 20240078.812.20$0
Apr 2024161084.451.66$13,596
Mar 2024141080.301.55$11,322
Feb 2024141076.091.78$10,729
Jan 2024144073.023.30$10,515
Dec 2023173071.262.61$12,328
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 2023304089.042.74$27,068
Aug 2023341080.522.67$27,457
Jul 2023344074.852.64$25,748
Jun 2023172068.962.26$11,861
May 2023332070.622.23$23,446
Apr 2023341078.122.24$26,639
Mar 2023161072.852.39$11,729
Feb 2023165075.112.47$12,393
Jan 2023171076.533.39$13,087
Dec 2022336076.415.73$25,674
Nov 2022472085.005.65$40,120
Oct 2022500087.185.86$43,590
Sep 2022341084.888.16$28,944
Aug 2022650094.529.13$61,438
Jul 20221730101.587.54$17,573
Jun 20221450115.097.98$16,688
May 20221830109.378.43$20,015
Apr 20221730104.226.84$18,030
Mar 20221610108.885.08$17,530
Feb 2022173091.054.86$15,752
Jan 2022173081.844.54$14,158
Dec 2021358071.323.90$25,533
Nov 2021168077.435.24$13,008
Oct 2021173079.795.71$13,804
Sep 2021146069.865.35$10,200
Aug 2021173066.024.22$11,421
Jul 2021347070.783.98$24,561
Jun 20210069.493.38$0
May 2021163063.483.02$10,347
Apr 2021179060.362.76$10,804
Mar 2021509061.302.72$31,202
Feb 2021347057.805.55$20,057
Jan 2021352050.412.81$17,744
Dec 2020825044.642.68$36,828
Nov 2020173038.772.71$6,707
Oct 2020352036.972.48$13,013
Sep 2020173037.091.99$6,417
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 2020161014.751.80$2,375
Mar 2020167030.341.86$5,067
Feb 2020503049.881.98$25,090
Jan 20203404057.252.09$19,549
Dec 20191102659.012.30$6,551
Nov 2019793055.302.75$4,451
Oct 2019933453.472.42$5,055
Sep 201932110255.052.66$17,942
Aug 201916815253.112.30$9,273
Jul 201930919156.272.46$17,857
Jun 2019347052.782.49$18,315
May 2019028758.482.74$786
Apr 201933519462.632.75$21,515
Mar 201941631156.803.06$24,581
Feb 2019320050.852.79$16,272
Jan 2019332046.033.23$15,282
Dec 201833325846.594.19$16,594
Nov 201847429952.934.24$26,356
Oct 201841921461.443.40$26,471
Sep 2018352059.543.11$20,958
Aug 2018341059.403.07$20,255
Jul 2018395065.142.93$25,730
Jun 20183262,89560.183.08$28,526
May 2018514065.382.90$33,605
Apr 2018249063.842.90$15,896
Mar 2018292061.222.79$17,876
Feb 2018238061.782.77$14,704
Jan 2018478062.874.01$30,052
Dec 2017495057.272.92$28,349
Nov 2017303055.423.12$16,792
Oct 2017190049.292.98$9,365
Sep 2017234047.523.09$11,120
Aug 2017406045.373.00$18,420
Jul 2017496043.873.09$21,760
Jun 2017328042.493.09$13,937
May 2017331045.373.26$15,017
Apr 2017320047.933.21$15,338
Mar 2017336046.772.98$15,715
Feb 2017493050.452.95$24,872
Jan 2017325049.413.42$16,058
Dec 2016337048.763.72$16,432
Nov 2016173042.492.64$7,351
Oct 2016164046.193.09$7,575
Sep 2016336041.553.10$13,961
Aug 2016488041.442.92$20,223
Jul 2016494041.622.92$20,560
Jun 2016323045.352.69$14,648
May 2016359042.521.99$15,265
Apr 201650234636.561.99$19,042
Mar 201647434633.011.79$16,267
Feb 201636229926.472.06$10,199
Jan 201683836927.352.36$23,792
Dec 201516439732.362.00$6,102
Nov 201549931338.792.17$20,035
Oct 201550141843.552.43$22,833
Sep 201564345842.992.76$28,906
Aug 201549041540.162.87$20,870
Jul 201563944848.152.95$32,087
Jun 201564740756.152.88$37,502
May 201548541755.212.96$28,009
Apr 201564438849.822.71$33,134
Mar 201548638242.892.93$21,966
Feb 201564538044.662.98$29,937
Jan 201564637743.433.10$29,225
Dec 201477639554.693.59$43,858
Nov 201444937770.464.25$33,239
Oct 201465143178.303.90$52,655
Sep 201451241786.164.05$45,801
Aug 201463543389.394.04$58,510
Jul 201472935696.564.18$71,880
Jun 201442536098.164.74$43,423
May 201482137994.734.73$79,565
Apr 201451536195.944.81$51,145
Mar 201466636295.895.06$65,693
Feb 201451339797.406.19$52,424
Jan 201469638390.404.86$64,780
Dec 201363835291.824.35$60,114
Nov 201379335488.853.74$71,781
Oct 201368239597.423.78$67,933
Sep 2013519410104.113.72$55,557
Aug 2013682430104.253.52$72,613
Jul 2013826470102.523.72$86,429
Jun 201384645894.403.93$81,664
May 201370140494.834.15$68,152
Apr 201367839493.964.28$65,392
Mar 201336036793.623.91$35,139
Feb 201352233891.233.42$48,778
Jan 201362739091.603.42$58,767
Dec 201251937386.773.42$46,309
Nov 201266542186.953.62$59,348
Oct 201270340189.383.40$64,197
Sep 201253737994.672.92$51,944
Aug 201236130992.662.91$34,349
Jul 2012698085.133.02$59,421
Jun 201271440779.822.52$58,017
May 201251040291.612.49$47,721
Apr 2012548361101.652.00$56,425
Mar 2012704378105.052.22$74,795
Feb 2012505311101.102.57$51,855
Jan 201235228798.092.73$35,312
Dec 201153030196.873.24$52,316
Nov 201155025295.723.31$53,480
Oct 201170938184.983.65$61,641
Sep 201168839683.623.99$59,109
Aug 201153042283.404.15$45,953
Jul 201166242994.144.52$64,259
Jun 201181840692.904.64$77,876
May 201169738298.134.40$70,079
Apr 2011537368105.964.33$58,495
Mar 201152241796.364.06$51,992
Feb 201168935985.644.18$60,507
Jan 201190239486.504.59$79,831
Dec 201056741185.734.35$50,396
Nov 201074042780.843.80$61,442
Oct 2010888078.103.51$69,353
Sep 201053337372.633.98$40,196
Aug 201071439573.684.42$54,353
Jul 201068039372.554.74$51,195
Jun 201069535570.364.91$50,643
May 201065430771.124.24$47,813
Apr 2010035481.694.12$1,459
Mar 201070934878.394.39$57,106
Feb 201054431873.585.44$41,758
Jan 201088134274.365.96$67,551
Dec 200935335571.445.48$27,165
Nov 20091,01935274.593.75$77,328
Oct 200954435872.544.11$40,933
Sep 200936233065.543.06$24,737
Aug 200950130567.423.22$34,759
Jul 200955231861.133.46$34,845
Jun 200953619466.163.90$36,217
May 200954323754.743.93$30,654
Apr 200967825046.773.59$32,607
Mar 200954824142.144.06$24,071
Feb 200954719832.814.63$18,864
Jan 200975219935.865.37$28,036
Dec 200849618137.105.98$19,483
Nov 200874424455.496.86$42,958
Oct 200855822675.246.92$43,548
Sep 2008541233101.767.88$56,888
Aug 2008637359114.228.48$75,804
Jul 2008700389131.0811.39$96,186
Jun 2008550361131.3313.03$76,936
May 2008668353123.1711.57$86,363
Apr 2008725362110.3110.45$83,759
Mar 2008544366101.909.66$58,971
Feb 200872135392.538.77$69,810
Jan 200872738190.388.21$68,833
Dec 200754536988.337.30$50,834
Nov 200773635091.677.29$70,021
Oct 200755240182.856.92$48,509
Sep 200770638575.846.24$55,947
Aug 200771341669.066.39$51,897
Jul 200771941770.906.39$53,641
Jun 200753341862.007.55$36,201
May 200773040558.747.85$46,058
Apr 200755341359.617.81$36,188
Mar 200789540456.927.30$53,893
Feb 200737134955.108.22$23,309
Jan 200772037150.306.73$38,712
Dec 200654936356.656.92$33,612
Nov 200655131054.207.62$32,226
Oct 200672034754.906.01$41,615
Sep 200654335560.085.04$34,412
Aug 200654037568.717.34$39,856
Jul 200654535369.376.34$40,046
Jun 200666036766.286.38$46,088
May 200656236366.016.42$39,430
Apr 200672035964.397.36$49,003
Mar 200653636556.707.08$32,976
Feb 200666932057.597.75$41,008
Jan 200673735860.598.93$47,853
Dec 200555734554.9413.42$35,230
Nov 200553834854.6910.59$33,108
Oct 200518213858.3413.80$12,522
Sep 200537337861.4512.08$27,487
Aug 200572530161.519.80$47,544
Jul 200554534755.697.84$33,073
Jun 200547539152.337.38$27,743
May 200567638245.226.65$33,109
Apr 200550536049.207.36$27,496
Mar 200551927550.377.15$28,110
Feb 200563635245.226.31$30,982
Jan 200554438643.166.32$25,919
Dec 200456538939.866.75$25,147
Nov 200454435645.286.33$26,886
Oct 200454633049.706.52$29,286
Sep 200456239643.245.28$26,393
Aug 200472739942.375.55$33,018
Jul 200474440938.286.08$30,969
Jun 200437131936.106.43$15,445
May 200455738937.486.49$23,403
Apr 200454441134.475.86$21,160
Mar 200455942434.365.53$21,552
Feb 200455539232.455.51$20,170
Jan 200456141732.036.30$20,596
Dec 200357440630.266.30$19,928
Nov 200336941328.804.60$12,525
Oct 200355332528.174.76$17,125
Sep 200356442026.314.75$16,834
Aug 200355435429.765.13$18,303
Jul 200356836129.415.17$18,572
Jun 200355534228.565.98$17,897
May 200336337626.595.97$11,898
Apr 200351037926.675.41$15,651
Mar 200317839331.146.10$7,939
Feb 200349135633.487.93$19,260
Jan 200350441730.315.58$17,604
Dec 200255240726.914.85$16,830
Nov 200254739824.664.14$15,136
Oct 200251641826.464.23$15,421
Sep 200252740627.443.64$15,937
Aug 200236944025.963.16$10,971
Jul 200251040924.583.06$13,788
Jun 200250036823.733.34$13,093
May 200254439724.663.58$14,838
Apr 200253946423.653.51$14,377
Mar 200232124222.003.10$7,813
Feb 200247041318.222.38$9,545
Jan 200272941617.172.38$13,505
Dec 200137340916.932.36$7,282
Nov 200137241418.072.41$7,718
Oct 200154742519.782.53$11,894
Sep 200155838724.262.25$14,408
Aug 200137638024.873.05$10,511
Jul 200151540823.933.20$13,628
Jun 200149737424.563.82$13,637
May 200155335725.524.31$15,650
Apr 200156436224.685.34$15,851
Mar 200155535124.545.38$15,507
Feb 200118335927.755.77$7,149
Jan 200155936327.478.40$18,404
Dec 200046232926.889.12$15,420
Nov 200045638232.215.66$16,849
Oct 200055537131.235.15$19,242
Sep 200055110831.875.19$18,121
Aug 200061130729.644.54$19,504
Jul 200055033428.534.09$17,057
Jun 200056333529.304.40$17,969
May 200038632527.263.68$11,718
Apr 200055134324.513.12$14,574
Mar 200057433628.422.86$17,274
Feb 200055829727.622.73$16,222
Jan 200058024725.272.48$15,269
Dec 199938922724.282.42$9,995
Nov 199936623823.192.43$9,067
Oct 199937025620.982.80$8,480
Sep 199936722021.752.62$8,558
Aug 199938422919.262.88$8,054
Jul 199938332017.892.37$7,611
Jun 199954834115.942.36$9,541
May 199939621015.792.32$6,740
Apr 199938521015.102.21$6,277
Mar 199938621012.471.84$5,199
Feb 19992102269.981.82$2,507
Jan 199937919410.381.90$4,303
Dec 19985981859.201.77$5,830
Nov 199840519710.892.19$4,841
Oct 199838917312.421.97$5,172
Sep 199837517412.592.08$5,084
Aug 199838317311.301.91$4,658
Jul 199856817611.742.24$7,062
Jun 199837217011.242.24$4,562
May 199855318212.622.21$7,380
Apr 199856222613.042.51$7,895
Mar 199874424112.802.31$10,080
Feb 199838716413.952.30$5,776
Jan 199856621914.702.15$8,792
Dec 199756322416.322.41$9,728
Nov 199757822218.193.09$11,199
Oct 199756022619.253.15$11,492
Sep 199766621817.742.95$12,459
Aug 199755823417.862.55$10,564
Jul 199772820317.582.25$13,254
Jun 199757126617.242.26$10,444
May 199738814118.972.31$7,686
Apr 199736853317.882.08$7,690
Mar 199735050018.951.94$7,602
Feb 199754555920.492.21$12,400
Jan 199737944123.483.54$10,460
Dec 199671667723.32$16,697
Nov 199657745521.97$12,677
Oct 199655130723.31$12,844
Sep 199675362322.22$16,732
Aug 199637349320.26$7,557
Jul 199655316419.55$10,811
Jun 199667679618.73$12,661
May 19965632,12819.43$10,939
Apr 19965381,43221.51$11,572
Mar 199655951419.38$10,833
Feb 199655146916.98$9,356
Jan 199673241017.07$12,495
Dec 199555257017.19$9,489
Nov 199556049916.00$8,960
Oct 199573353315.43$11,310
Sep 199553850116.18$8,705
Aug 199554950515.92$8,740
Jul 199552258015.24$7,955
Jun 199572055016.41$11,815
May 199554850917.56$9,623
Apr 199556955217.73$10,088
Mar 199556455316.44$9,272
Feb 199594153716.58$15,602
Jan 199537358315.92$5,938
Dec 199436346115.03$5,456
Nov 199436349415.90$5,772
Oct 199454755415.58$8,522
Sep 199455757615.29$8,517
Aug 199453358616.13$8,597
Jul 199473269517.56$12,854
Jun 199454485417.09$9,297
May 199454673015.88$8,670
Apr 199456568414.14$7,989
Mar 199472968912.46$9,083
Feb 199474055112.50$9,250
Jan 199437359812.66$4,722
Dec 199355171712.33$6,794
Nov 199373273914.49$10,607
Oct 199361262815.85$9,700
Sep 199355575015.03$8,342
Aug 199354755815.66$8,566
Jul 199390368515.46$13,960
Jun 199336968216.79$6,196
May 199337264117.68$6,577
Apr 199356871618.05$10,252
Mar 199357959718.14$10,503
Feb 199356465917.90$10,096
Jan 199393968916.93$15,897

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.

Apr 2026 — as filed, then multipliedworked
Oil                  661 bbl  × $ 98.93 =    $65,393
Casinghead gas         0 Mcf  × $  2.87 =         $0

────────────────────────────────────────────────────
Month total                                  $65,393

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. 6E/O/7098 is the state's own key, not one this site invented.