COODY -44-

Operated by TRACER OPERATING, INC. (P-5 863965) in the PIT-ROM (CONGL. ZONE A) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 29761District 7BField 71740400OilCasinghead gasSaveExport
Value, all time
$157 k
Jun 2006 – Jan 2011
Value, last 12 filed months
$90 k
at the published price for each month
Months reported
56
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 19 leases and 19 wells, and the rule below applies to all of them.

Discovered
1978-10-23
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: FIELD TYPE CHANGED TO EXEMPT EFFECTIVE 02/01/07

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
OilDisposition352 bbl$26,400
Casinghead gasProduction27,024 Mcf$130,237
Total$156,637

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 32.7001, -98.6223. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.70014, -98.62227 · 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
0.0%
0 of 1 wells
Median depth
4,247 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
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 4,247 ft.

Completions filed
May 2006
1 of 1 wells

1 well

42-4293618314,247 ftMay 2006Yes

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 (56)

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

56 months

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 201090072.554.74$6,530
Jun 201003,54770.364.91$17,417
May 201005,02171.124.24$21,265
Apr 201004,50581.694.12$18,573
Mar 201003,99378.394.39$17,524
Feb 201001,57673.585.44$8,577
Jan 2010411,86174.365.96$14,148
Dec 200901,49271.445.48$8,182
Nov 20099451674.593.75$8,947
Oct 2009032272.544.11$1,324
Sep 2009017465.543.06$533
Aug 2009045167.423.22$1,452
Jul 2009064661.133.46$2,238
Jun 200904666.163.90$179
May 200904754.743.93$185
Apr 200903146.773.59$111
Mar 200902142.144.06$85
Feb 200905732.814.63$264
Jan 200906635.865.37$354
Dec 20080837.105.98$48
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 2008023123.1711.57$266
Apr 2008062110.3110.45$648
Mar 2008075101.909.66$725
Feb 200806892.538.77$596
Jan 20080790.388.21$57
Dec 200706888.337.30$497
Nov 2007696291.677.29$6,777
Oct 200704982.856.92$339
Sep 20070775.846.24$44
Aug 2007023169.066.39$1,476
Jul 200703170.906.39$198
Jun 200705962.007.55$445
May 200707558.747.85$588
Apr 2007016859.617.81$1,311
Mar 2007023456.927.30$1,709
Feb 2007014455.108.22$1,183
Jan 2007011550.306.73$774
Dec 2006013856.656.92$955
Nov 2006014954.207.62$1,135
Oct 2006015454.906.01$926
Sep 20065817560.085.04$4,366
Aug 2006019068.717.34$1,395
Jul 2006018069.376.34$1,142
Jun 2006018066.286.38$1,149

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                   90 bbl  × $ 72.55 =     $6,530
Casinghead gas         0 Mcf  × $  4.74 =         $0

────────────────────────────────────────────────────
Month total                                   $6,530

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/29761 is the state's own key, not one this site invented.