BLOCK 58 STATE 32

Operated by COG OPERATING LLC (P-5 166150) in the TOYAH, NW (SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 224464District 08Field 908907002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.9 M
Dec 2006 – Jul 2018
Value, last 12 filed months
$0
at the published price for each month
Months reported
140
no gaps in the span
Streams
2
condensate, 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 53 leases and 53 wells, and the rule below applies to all of them.

Discovered
2006-04-29
as the register files it
Field class
Gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2017-08-15.

The Commission's schedule remark for this field reads: STATEWIDE.

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
High Cost Gas112009-10-30195455
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
CondensateDisposition148 bbl$10,843
GasProduction432,863 Mcf$2,841,503
Total$2,852,347

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 31.4368, -103.8699. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.43685, -103.86988 · 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
12,810 ft
1 wells filed one
Completion to plug
11.1 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 12,810 ft.

Completions filed
Jun 2007
1 of 1 wells
Plug dates filed
Jul 2018
1 of 1 wells

Last completion to plug: a median of 11.1 years across the 1 well that filed both dates, with the middle half between 11.1 years and 11.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-38932398112,810 ftJun 2007Jul 2018Yes

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 (140)

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

140 months

Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170149.413.42$3
Dec 20160848.763.72$30
Nov 201601542.492.64$40
Oct 20160146.193.09$3
Sep 20160041.553.10$0
Aug 20160141.442.92$3
Jul 20160141.622.92$3
Jun 20160345.352.69$8
May 201602642.521.99$52
Apr 20160236.561.99$4
Mar 20160033.011.79$0
Feb 201601026.472.06$21
Jan 20160327.352.36$7
Dec 20150132.362.00$2
Nov 2015025138.792.17$544
Oct 20150043.552.43$0
Sep 20150142.992.76$3
Aug 20150240.162.87$6
Jul 20150048.152.95$0
Jun 201505856.152.88$167
May 20150055.212.96$0
Apr 201509449.822.71$254
Mar 2015011842.892.93$346
Feb 2015049344.662.98$1,467
Jan 2015016243.433.10$502
Dec 20140054.693.59$0
Nov 201403670.464.25$153
Oct 201401578.303.90$59
Sep 201401186.164.05$45
Aug 20140489.394.04$16
Jul 20140396.564.18$13
Jun 20140698.164.74$28
May 20140094.734.73$0
Apr 201401,09195.944.81$5,247
Mar 2014049995.895.06$2,523
Feb 20140997.406.19$56
Jan 20140490.404.86$19
Dec 20130091.824.35$0
Nov 20130888.853.74$30
Oct 20130897.423.78$30
Sep 201306104.113.72$22
Aug 201300104.253.52$0
Jul 2013010102.523.72$37
Jun 20130394.403.93$12
May 201301,37094.834.15$5,684
Apr 201301193.964.28$47
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 201202,94489.383.40$10,009
Sep 201203,70594.672.92$10,813
Aug 201204,43592.662.91$12,898
Jul 201202,37785.133.02$7,180
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 20120471105.052.22$1,047
Feb 201204,020101.102.57$10,332
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 201104,22595.723.31$13,990
Oct 201102,96484.983.65$10,814
Sep 20110083.623.99$0
Aug 201102,81383.404.15$11,672
Jul 201102,03994.144.52$9,211
Jun 201101,99092.904.64$9,233
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 201101,65986.504.59$7,613
Dec 20100085.734.35$0
Nov 2010055680.843.80$2,110
Oct 201001,78678.103.51$6,267
Sep 201004,29372.633.98$17,084
Aug 201003,68973.684.42$16,303
Jul 201001,78972.554.74$8,474
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 201001,06781.694.12$4,399
Mar 201003,60278.394.39$15,808
Feb 201004,54873.585.44$24,752
Jan 201001,65874.365.96$9,888
Dec 200904,44571.445.48$24,375
Nov 200902,22374.593.75$8,340
Oct 2009030072.544.11$1,233
Sep 200901,43765.543.06$4,404
Aug 200902,51867.423.22$8,104
Jul 200903,41361.133.46$11,824
Jun 200902,75166.163.90$10,715
May 200902,28054.743.93$8,951
Apr 200902,86946.773.59$10,293
Mar 200906,31742.144.06$25,641
Feb 200907,59432.814.63$35,183
Jan 2009010,70635.865.37$57,502
Dec 200801,54337.105.98$9,223
Nov 2008013055.496.86$892
Oct 200804,61075.246.92$31,910
Sep 200803,444101.767.88$27,129
Aug 200804,538114.228.48$38,496
Jul 200802,932131.0811.39$33,394
Jun 200800131.3313.03$0
May 200802,410123.1711.57$27,894
Apr 200800110.3110.45$0
Mar 200877,006101.909.66$68,420
Feb 20081113,52492.538.77$119,631
Jan 20082214,07890.388.21$117,509
Dec 20072114,18188.337.30$105,404
Nov 2007010,93791.677.29$79,749
Oct 2007211,91082.856.92$82,606
Sep 20071813,17575.846.24$83,632
Aug 2007125,79769.066.39$164,859
Jul 2007035,38470.906.39$226,031
Jun 2007460,85762.007.55$459,624
May 2007116,06558.747.85$48,234
Apr 2007015,18259.617.81$118,499
Mar 2007020,23056.927.30$147,719
Feb 2007017,89355.108.22$147,009
Jan 20071818,28650.306.73$123,913
Dec 20063320,92356.656.92$146,624

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.

Jan 2017 — as filed, then multipliedworked
Condensate             0 bbl  × $ 49.41 =         $0
Gas                    1 Mcf  × $  3.42 =         $3

────────────────────────────────────────────────────
Month total                                       $3

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. 08/G/224464 is the state's own key, not one this site invented.