JOBE STATE 70-20

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 239021District 08Field 908907002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.4 M
Feb 2008 – Feb 2019
Value, last 12 filed months
$0
at the published price for each month
Months reported
133
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 Gas112008-09-23182456
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
CondensateDisposition78 bbl$5,041
GasProduction263,007 Mcf$1,433,484
Total$1,438,525

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 31.3673, -103.8593. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.36733, -103.85925 · 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
12,401 ft
1 wells filed one
Completion to plug
11.0 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 12,401 ft.

Completions filed
Feb 2008
1 of 1 wells
Plug dates filed
Feb 2019
1 of 1 wells

Last completion to plug: a median of 11.0 years across the 1 well that filed both dates, with the middle half between 11.0 years and 11.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-38932473112,401 ftFeb 2008Feb 2019Yes

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 (133)

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

133 months

Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
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 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 201301297.423.78$45
Sep 201300104.113.72$0
Aug 201303104.253.52$11
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130394.834.15$12
Apr 20130093.964.28$0
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 20120089.383.40$0
Sep 20120094.672.92$0
Aug 2012018892.662.91$547
Jul 2012047885.133.02$1,444
Jun 2012072079.822.52$1,814
May 2012046591.612.49$1,157
Apr 20120475101.652.00$948
Mar 201203,017105.052.22$6,704
Feb 201203,514101.102.57$9,032
Jan 2012059198.092.73$1,616
Dec 2011082196.873.24$2,660
Nov 201105,74795.723.31$19,030
Oct 201104,90484.983.65$17,892
Sep 201106,63483.623.99$26,442
Aug 201101,45783.404.15$6,046
Jul 201101,22994.144.52$5,552
Jun 201104,05992.904.64$18,833
May 201101,50298.134.40$6,616
Apr 201101,666105.964.33$7,219
Mar 201102,70896.364.06$10,987
Feb 201101,65585.644.18$6,918
Jan 201104,61486.504.59$21,173
Dec 201004,11185.734.35$17,874
Nov 201003,89680.843.80$14,787
Oct 201001,77278.103.51$6,218
Sep 201005,43572.633.98$21,628
Aug 201005,82573.684.42$25,743
Jul 201005,85572.554.74$27,732
Jun 201004,91970.364.91$24,154
May 201002,21071.124.24$9,360
Apr 201003,70481.694.12$15,270
Mar 201006,65678.394.39$29,211
Feb 201005,16773.585.44$28,121
Jan 201006,96874.365.96$41,558
Dec 200905,95171.445.48$32,634
Nov 200904,47674.593.75$16,792
Oct 200906,70672.544.11$27,563
Sep 200906,58965.543.06$20,194
Aug 200907,66467.423.22$24,667
Jul 200907,10661.133.46$24,619
Jun 200907,54366.163.90$29,380
May 200908,30454.743.93$32,599
Apr 200908,41846.773.59$30,200
Mar 200939,38842.144.06$38,232
Feb 2009179,18032.814.63$43,089
Jan 20091810,94835.865.37$59,447
Dec 200804,36037.105.98$26,060
Nov 200819,70855.496.86$66,656
Oct 200807,86475.246.92$54,434
Sep 20080440101.767.88$3,466
Aug 2008041114.228.48$348
Jul 200806,700131.0811.39$76,309
Jun 200805,779131.3313.03$75,316
May 200804,554123.1711.57$52,709
Apr 200809,426110.3110.45$98,548
Mar 200851,846101.909.66$18,349
Feb 20083417,03692.538.77$152,562

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 2013 — as filed, then multipliedworked
Condensate             0 bbl  × $ 97.42 =         $0
Gas                   12 Mcf  × $  3.78 =        $45

────────────────────────────────────────────────────
Month total                                      $45

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/239021 is the state's own key, not one this site invented.