COWDEN -B-

Operated by JM COX RESOURCES, L.P. (P-5 433075) in the OLD UPLAND (BEND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 7870District 7CField 67039500NGPA filingOilCasinghead gasSaveExport
Value, all time
$814 k
Jan 1993 – Nov 2011
Value, last 12 filed months
$25 k
at the published price for each month
Months reported
227
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 13 leases and 14 wells, and the rule below applies to all of them.

Discovered
1974-11-07
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

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
OilDisposition18,314 bbl$577,460
Casinghead gasProduction80,795 Mcf$236,841
Total$814,302

30,082 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.

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 31.3271, -102.0103. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.32711, -102.01033 · 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
10,320 ft
1 wells filed one
Completion to plug
32.3 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 10,320 ft.

Completions filed
May 1979
1 of 1 wells
Plug dates filed
Aug 2011
1 of 1 wells

Last completion to plug: a median of 32.3 years across the 1 well that filed both dates, with the middle half between 32.3 years and 32.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-46131406110,320 ftMay 1979Aug 2011Yes

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 (227)

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

227 months

Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 201168092.904.64$6,317
May 201106198.134.40$269
Apr 2011084105.964.33$364
Mar 2011012596.364.06$507
Feb 201117417485.644.18$15,629
Jan 2011021586.504.59$987
Dec 2010123085.734.35$1,086
Nov 2010019880.843.80$751
Oct 2010021878.103.51$765
Sep 2010019072.633.98$756
Aug 2010015873.684.42$698
Jul 201018011572.554.74$13,604
Jun 2010013870.364.91$678
May 2010017771.124.24$750
Apr 2010015981.694.12$656
Mar 2010015278.394.39$667
Feb 2010014573.585.44$789
Jan 2010014674.365.96$871
Dec 2009013871.445.48$757
Nov 200918714174.593.75$14,477
Oct 200909572.544.11$390
Sep 200918114565.543.06$12,307
Aug 2009016467.423.22$528
Jul 2009029661.133.46$1,025
Jun 200918015266.163.90$12,501
May 2009020454.743.93$801
Apr 2009031446.773.59$1,126
Mar 200916929042.144.06$8,299
Feb 2009023032.814.63$1,066
Jan 2009021735.865.37$1,166
Dec 2008023637.105.98$1,411
Nov 2008028655.496.86$1,962
Oct 200817129175.246.92$14,880
Sep 20080139101.767.88$1,095
Aug 20080197114.228.48$1,671
Jul 2008169258131.0811.39$25,091
Jun 20080229131.3313.03$2,984
May 20080235123.1711.57$2,720
Apr 20080211110.3110.45$2,206
Mar 2008176289101.909.66$20,727
Feb 2008029692.538.77$2,596
Jan 2008132390.388.21$2,741
Dec 200717033988.337.30$17,491
Nov 2007031591.677.29$2,297
Oct 200717232782.856.92$16,514
Sep 2007032975.846.24$2,054
Aug 2007035269.066.39$2,249
Jul 200717431770.906.39$14,362
Jun 2007022562.007.55$1,698
May 2007015358.747.85$1,200
Apr 20071748459.617.81$11,028
Mar 2007014556.927.30$1,059
Feb 200717619855.108.22$11,324
Jan 2007017750.306.73$1,191
Dec 2006014756.656.92$1,017
Nov 2006013054.207.62$990
Oct 200617314454.906.01$10,364
Sep 2006013060.085.04$655
Aug 200617520068.717.34$13,492
Jul 2006019969.376.34$1,262
Jun 200617719566.286.38$12,976
May 2006019866.016.42$1,272
Apr 2006020664.397.36$1,516
Mar 200617921356.707.08$11,658
Feb 2006018957.597.75$1,465
Jan 2006019360.598.93$1,724
Dec 200518320854.9413.42$12,844
Nov 2005019654.6910.59$2,075
Oct 2005017658.3413.80$2,428
Sep 200517518861.4512.08$13,025
Aug 2005016461.519.80$1,607
Jul 200517811855.697.84$10,838
Jun 2005018752.337.38$1,380
May 2005019845.226.65$1,317
Apr 200518619349.207.36$10,572
Mar 2005016550.377.15$1,181
Feb 200518218845.226.31$9,417
Jan 2005018743.166.32$1,182
Dec 200418221139.866.75$8,679
Nov 2004026545.286.33$1,678
Oct 2004023649.706.52$1,538
Sep 2004022443.245.28$1,184
Aug 200418429742.375.55$9,445
Jul 2004035038.286.08$2,129
Jun 200417933036.106.43$8,585
May 2004036637.486.49$2,377
Apr 2004036934.475.86$2,162
Mar 200418338434.365.53$8,411
Feb 2004036832.455.51$2,028
Jan 200418738632.036.30$8,421
Dec 2003036230.266.30$2,281
Nov 200318432028.804.60$6,770
Oct 2003037828.174.76$1,799
Sep 200318040626.314.75$6,664
Aug 2003033329.765.13$1,708
Jul 2003038129.415.17$1,970
Jun 200317837928.565.98$7,351
May 2003040426.595.97$2,413
Apr 200318439526.675.41$7,043
Mar 2003037631.146.10$2,292
Feb 200319035033.487.93$9,135
Jan 2003036530.315.58$2,037
Dec 200217737826.914.85$6,598
Nov 2002032524.664.14$1,345
Oct 200218435626.464.23$6,374
Sep 2002035927.443.64$1,305
Aug 2002034425.963.16$1,088
Jul 200218037424.583.06$5,570
Jun 2002037423.733.34$1,249
May 200218338024.663.58$5,875
Apr 200218436123.653.51$5,620
Mar 2002034022.003.10$1,055
Feb 200217629318.222.38$3,903
Jan 2002036017.172.38$855
Dec 200117536516.932.36$3,826
Nov 2001032918.072.41$791
Oct 200117535319.782.53$4,354
Sep 2001038424.262.25$865
Aug 2001039224.873.05$1,197
Jul 200117896523.933.20$7,345
Jun 200116837724.563.82$5,568
May 2001033725.524.31$1,452
Apr 200118232724.685.34$6,236
Mar 2001036724.545.38$1,973
Feb 200134131927.755.77$11,302
Jan 2001036427.478.40$3,057
Dec 200017348626.889.12$9,084
Nov 2000013532.215.66$764
Oct 2000034131.235.15$1,755
Sep 2000033631.875.19$1,743
Aug 200017833929.644.54$6,815
Jul 2000036528.534.09$1,493
Jun 200018134929.304.40$6,838
May 2000038027.263.68$1,398
Apr 2000038724.513.12$1,206
Mar 2000037528.422.86$1,072
Feb 200018229927.622.73$5,842
Jan 2000034225.272.48$848
Dec 199918843724.282.42$5,624
Nov 1999039723.192.43$966
Oct 199918442020.982.80$5,038
Sep 1999042321.752.62$1,108
Aug 199918344519.262.88$4,804
Jul 199918444417.892.37$4,345
Jun 1999040315.942.36$952
May 199918933615.792.32$3,764
Apr 1999142115.102.21$945
Mar 199918839912.471.84$3,078
Feb 199913799.981.82$699
Jan 199918738510.381.90$2,673
Dec 19981863869.201.77$2,396
Nov 1998037610.892.19$822
Oct 199818741912.421.97$3,148
Sep 1998040612.592.08$846
Aug 199818041711.301.91$2,829
Jul 199818443711.742.24$3,138
Jun 1998046211.242.24$1,034
May 199854781812.622.21$8,708
Apr 1998014213.042.51$356
Mar 1998018812.802.31$434
Feb 1998018413.952.30$423
Jan 1998023114.702.15$498
Dec 1997032616.322.41$786
Nov 199718628118.193.09$4,251
Oct 1997029119.253.15$917
Sep 199718230317.742.95$4,124
Aug 1997032117.862.55$820
Jul 1997044517.582.25$1,000
Jun 1997035717.242.26$806
May 199718032318.972.31$4,160
Apr 1997042217.882.08$879
Mar 199718448518.951.94$4,427
Feb 199718347920.492.21$4,806
Jan 1997049923.483.54$1,766
Dec 199639256023.32$9,141
Nov 1996048521.97$0
Oct 199618064123.31$4,196
Sep 1996036122.22$0
Aug 199619062120.26$3,849
Jul 1996066619.55$0
Jun 199619167318.73$3,577
May 1996067719.43$0
Apr 199618450721.51$3,958
Mar 199618224019.38$3,527
Feb 1996067616.98$0
Jan 199618473517.07$3,141
Dec 199519474217.19$3,335
Nov 199518774516.00$2,992
Oct 1995078815.43$0
Sep 199517978916.18$2,896
Aug 199519180915.92$3,041
Jul 199536883415.24$5,608
Jun 199518583616.41$3,036
May 199537590017.56$6,585
Apr 199536784017.73$6,507
Mar 199548461316.44$7,957
Feb 1995033716.58$0
Jan 199518840315.92$2,993
Dec 199418951715.03$2,841
Nov 1994053615.90$0
Oct 1994059815.58$0
Sep 199418359515.29$2,798
Aug 1994067316.13$0
Jul 1994057717.56$0
Jun 1994031917.09$0
May 199418365315.88$2,906
Apr 1994051514.14$0
Mar 1994062412.46$0
Feb 1994060612.50$0
Jan 199418161612.66$2,291
Dec 1993062812.33$0
Nov 1993062514.49$0
Oct 199317366115.85$2,742
Sep 1993064315.03$0
Aug 199316065215.66$2,506
Jul 1993070115.46$0
Jun 199317766816.79$2,972
May 1993063517.68$0
Apr 1993056418.05$0
Mar 199318368618.14$3,320
Feb 1993064617.90$0
Jan 199318166616.93$3,064

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.

Jun 2011 — as filed, then multipliedworked
Oil                   68 bbl  × $ 92.90 =     $6,317
Casinghead gas         0 Mcf  × $  4.64 =         $0

────────────────────────────────────────────────────
Month total                                   $6,317

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/7870 is the state's own key, not one this site invented.