COX, CHARLES J. -A-

Operated by CODA ENERGY, INC. (P-5 164448) in the CALVIN (DEAN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 7049District 7CField 14937333OilCasinghead gasSaveExport
Value, all time
$92 k
Jan 1993 – Jan 1996
Value, last 12 filed months
$28 k
at the published price for each month
Months reported
37
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 498 leases and 1,074 wells, and the rule below applies to all of them.

Discovered
1965-11-17
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
660 ft
minimum

A drilling unit in this field needs at least 80 acres.

The Commission's schedule remark for this field reads: 7C,08-0209914

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
OilDisposition5,859 bbl$92,081
Casinghead gasProduction18,218 Mcf$0
Total$92,081

18,218 Mcf of this lease's gas, across 34 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 (37)

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

37 months

Jan 19960017.07$0
Dec 19950017.19$0
Nov 19950016.00$0
Oct 199561653415.43$9,505
Sep 1995057816.18$0
Aug 1995051115.92$0
Jul 199517857815.24$2,713
Jun 199518253716.41$2,987
May 199518252617.56$3,196
Apr 199518454517.73$3,262
Mar 199519158816.44$3,140
Feb 199519652216.58$3,250
Jan 1995030715.92$0
Dec 199418354815.03$2,750
Nov 199418655715.90$2,957
Oct 199418453215.58$2,867
Sep 199417758015.29$2,706
Aug 199417960216.13$2,887
Jul 1994060517.56$0
Jun 199418953217.09$3,230
May 199417554715.88$2,779
Apr 199417254314.14$2,432
Mar 199418151212.46$2,255
Feb 199435948912.50$4,488
Jan 1994043212.66$0
Dec 199319751812.33$2,429
Nov 199317646114.49$2,550
Oct 199320452815.85$3,233
Sep 199316551815.03$2,480
Aug 199317252315.66$2,694
Jul 199316658815.46$2,566
Jun 199317857816.79$2,989
May 199317558317.68$3,094
Apr 199317858618.05$3,213
Mar 199317057918.14$3,084
Feb 199318850517.90$3,365
Jan 199317654616.93$2,980

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.

Oct 1995 — as filed, then multipliedworked
Oil                  616 bbl  × $ 15.43 =     $9,505
Casinghead gas       534 Mcf  ×  no price            —

────────────────────────────────────────────────────
Month total                                   $9,505

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. 7C/O/7049 is the state's own key, not one this site invented.