COOLEY -B-

Operated by PARAGON CORPORATION (P-5 639000) in the MIGHTY QUINN (STRAWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 29441District 7BField 61284375OilSaveExport
Value, all time
$2.4 M
Aug 2004 – Oct 2017
Value, last 12 filed months
$0
at the published price for each month
Months reported
159
no gaps in the span
Streams
1
oil

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 13 leases and 15 wells, and the rule below applies to all of them.

Discovered
2001-11-09
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
OilDisposition42,667 bbl$2,425,573
Total$2,425,573

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 32.6287, -100.0101. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.62874, -100.01009 · 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
4,772 ft
1 wells filed one
Completion to plug
13.0 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 4,772 ft.

Completions filed
Aug 2004
1 of 1 wells
Plug dates filed
Aug 2017
1 of 1 wells

Last completion to plug: a median of 13.0 years across the 1 well that filed both dates, with the middle half between 13.0 years and 13.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2533466124,772 ftAug 2004Aug 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 (159)

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

159 months

Oct 2017049.292.98$0
Sep 2017047.523.09$0
Aug 2017045.373.00$0
Jul 2017043.873.09$0
Jun 2017042.493.09$0
May 2017045.373.26$0
Apr 2017047.933.21$0
Mar 2017046.772.98$0
Feb 2017050.452.95$0
Jan 2017049.413.42$0
Dec 2016048.763.72$0
Nov 2016042.492.64$0
Oct 2016046.193.09$0
Sep 2016041.553.10$0
Aug 2016041.442.92$0
Jul 2016041.622.92$0
Jun 2016045.352.69$0
May 2016042.521.99$0
Apr 2016036.561.99$0
Mar 2016033.011.79$0
Feb 2016026.472.06$0
Jan 2016027.352.36$0
Dec 2015032.362.00$0
Nov 2015038.792.17$0
Oct 2015043.552.43$0
Sep 2015042.992.76$0
Aug 2015040.162.87$0
Jul 2015048.152.95$0
Jun 2015056.152.88$0
May 2015055.212.96$0
Apr 2015049.822.71$0
Mar 2015042.892.93$0
Feb 2015044.662.98$0
Jan 2015043.433.10$0
Dec 2014054.693.59$0
Nov 2014070.464.25$0
Oct 2014078.303.90$0
Sep 2014086.164.05$0
Aug 2014089.394.04$0
Jul 2014096.564.18$0
Jun 2014098.164.74$0
May 2014094.734.73$0
Apr 2014095.944.81$0
Mar 2014095.895.06$0
Feb 2014097.406.19$0
Jan 2014090.404.86$0
Dec 2013091.824.35$0
Nov 2013088.853.74$0
Oct 2013097.423.78$0
Sep 20130104.113.72$0
Aug 20130104.253.52$0
Jul 20130102.523.72$0
Jun 2013094.403.93$0
May 2013094.834.15$0
Apr 2013093.964.28$0
Mar 2013093.623.91$0
Feb 2013091.233.42$0
Jan 2013091.603.42$0
Dec 2012086.773.42$0
Nov 2012086.953.62$0
Oct 2012089.383.40$0
Sep 2012094.672.92$0
Aug 2012092.662.91$0
Jul 2012085.133.02$0
Jun 2012079.822.52$0
May 2012091.612.49$0
Apr 20120101.652.00$0
Mar 20120105.052.22$0
Feb 20120101.102.57$0
Jan 2012098.092.73$0
Dec 2011096.873.24$0
Nov 2011095.723.31$0
Oct 2011084.983.65$0
Sep 2011083.623.99$0
Aug 2011083.404.15$0
Jul 2011094.144.52$0
Jun 2011092.904.64$0
May 2011098.134.40$0
Apr 20110105.964.33$0
Mar 2011096.364.06$0
Feb 2011085.644.18$0
Jan 2011086.504.59$0
Dec 2010085.734.35$0
Nov 2010080.843.80$0
Oct 2010078.103.51$0
Sep 2010072.633.98$0
Aug 2010073.684.42$0
Jul 201018572.554.74$13,422
Jun 201021870.364.91$15,338
May 2010071.124.24$0
Apr 201037781.694.12$30,797
Mar 201017778.394.39$13,875
Feb 201018473.585.44$13,539
Jan 201018274.365.96$13,534
Dec 200916871.445.48$12,002
Nov 200919674.593.75$14,620
Oct 200918872.544.11$13,638
Sep 200919565.543.06$12,780
Aug 200936867.423.22$24,811
Jul 200917961.133.46$10,942
Jun 2009066.163.90$0
May 200918154.743.93$9,908
Apr 200919446.773.59$9,073
Mar 200935442.144.06$14,918
Feb 200919032.814.63$6,234
Jan 200919235.865.37$6,885
Dec 200819637.105.98$7,272
Nov 200838355.496.86$21,253
Oct 200820475.246.92$15,349
Sep 2008188101.767.88$19,131
Aug 2008176114.228.48$20,103
Jul 20080131.0811.39$0
Jun 2008189131.3313.03$24,821
May 2008158123.1711.57$19,461
Apr 2008184110.3110.45$20,297
Mar 20080101.909.66$0
Feb 2008092.538.77$0
Jan 2008090.388.21$0
Dec 200759188.337.30$52,203
Nov 200738791.677.29$35,476
Oct 200737782.856.92$31,234
Sep 200737175.846.24$28,137
Aug 200759169.066.39$40,814
Jul 200739070.906.39$27,651
Jun 200715262.007.55$9,424
May 200739258.747.85$23,026
Apr 200723759.617.81$14,128
Mar 2007056.927.30$0
Feb 200740755.108.22$22,426
Jan 200740150.306.73$20,170
Dec 200661956.656.92$35,066
Nov 200640254.207.62$21,788
Oct 200637154.906.01$20,368
Sep 200659760.085.04$35,868
Aug 200656768.717.34$38,959
Jul 200675569.376.34$52,374
Jun 200696166.286.38$63,695
May 200699266.016.42$65,482
Apr 20061,06364.397.36$68,447
Mar 200634356.707.08$19,448
Feb 200675057.597.75$43,193
Jan 200697460.598.93$59,015
Dec 200580054.9413.42$43,952
Nov 20051,12854.6910.59$61,690
Oct 200597658.3413.80$56,940
Sep 20051,22761.4512.08$75,399
Aug 20051,26361.519.80$77,687
Jul 20051,26855.697.84$70,615
Jun 20051,62852.337.38$85,193
May 20051,71245.226.65$77,417
Apr 20051,95449.207.36$96,137
Mar 200572650.377.15$36,569
Feb 200570145.226.31$31,699
Jan 200589143.166.32$38,456
Dec 20042,26239.866.75$90,163
Nov 20042,84645.286.33$128,867
Oct 20042,85949.706.52$142,092
Sep 20041,81943.245.28$78,654
Aug 200451142.375.55$21,651

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 2010 — as filed, then multipliedworked
Oil                  185 bbl  × $ 72.55 =    $13,422

────────────────────────────────────────────────────
Month total                                  $13,422

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. 7B/O/29441 is the state's own key, not one this site invented.