BLOCK 58 ST 40-14

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 243000District 08Field 908907002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.9 M
Jan 2008 – May 2018
Value, last 12 filed months
$0
at the published price for each month
Months reported
125
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 Gas112010-02-23196948
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
CondensateDisposition6 bbl$215
GasProduction705,352 Mcf$3,852,064
Total$3,852,280

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 31.4190, -103.8477. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.41901, -103.84771 · 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
12,377 ft
1 wells filed one
Completion to plug
10.3 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 12,377 ft.

Completions filed
Feb 2008
1 of 1 wells
Plug dates filed
May 2018
1 of 1 wells

Last completion to plug: a median of 10.3 years across the 1 well that filed both dates, with the middle half between 10.3 years and 10.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-389324491H12,377 ftFeb 2008May 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 (125)

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

125 months

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 20170349.413.42$10
Dec 20160248.763.72$7
Nov 20160142.492.64$3
Oct 20160046.193.09$0
Sep 20160141.553.10$3
Aug 20160141.442.92$3
Jul 20160141.622.92$3
Jun 20160245.352.69$5
May 20160142.521.99$2
Apr 20160136.561.99$2
Mar 20160133.011.79$2
Feb 20160026.472.06$0
Jan 20160127.352.36$2
Dec 20150132.362.00$2
Nov 20150138.792.17$2
Oct 20150043.552.43$0
Sep 20150242.992.76$6
Aug 20150140.162.87$3
Jul 20150248.152.95$6
Jun 201501256.152.88$35
May 20150155.212.96$3
Apr 20150049.822.71$0
Mar 2015030842.892.93$904
Feb 201501,18144.662.98$3,515
Jan 2015049843.433.10$1,544
Dec 201402,19354.693.59$7,876
Nov 201401,09270.464.25$4,643
Oct 201404,16678.303.90$16,251
Sep 2014056486.164.05$2,282
Aug 2014078589.394.04$3,168
Jul 2014028196.564.18$1,174
Jun 201401,19398.164.74$5,651
May 20140294.734.73$9
Apr 201404,97995.944.81$23,945
Mar 201406,06295.895.06$30,654
Feb 20140197.406.19$6
Jan 20140690.404.86$29
Dec 20130191.824.35$4
Nov 20130388.853.74$11
Oct 20130597.423.78$19
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201303102.523.72$11
Jun 20130094.403.93$0
May 2013013,13294.834.15$54,486
Apr 201309,82093.964.28$42,055
Mar 2013010,71393.623.91$41,919
Feb 2013010,64191.233.42$36,391
Jan 201306,09091.603.42$20,827
Dec 2012013,94486.773.42$47,691
Nov 201208,07986.953.62$29,286
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 201205,44379.822.52$13,711
May 201204,69191.612.49$11,673
Apr 201209,687101.652.00$19,343
Mar 201209,106105.052.22$20,234
Feb 2012049101.102.57$126
Jan 2012013,55198.092.73$37,050
Dec 201108,91296.873.24$28,873
Nov 201105,34895.723.31$17,709
Oct 201103,75084.983.65$13,682
Sep 201104,38083.623.99$17,458
Aug 201107,08683.404.15$29,402
Jul 201102,63894.144.52$11,916
Jun 201101,07992.904.64$5,006
May 201108,01998.134.40$35,322
Apr 201107,401105.964.33$32,071
Mar 2011013,51796.364.06$54,843
Feb 201106,32485.644.18$26,434
Jan 201107,29286.504.59$33,461
Dec 2010014,68085.734.35$63,825
Nov 201007,36180.843.80$27,937
Oct 201003,38278.103.51$11,867
Sep 20100072.633.98$0
Aug 2010020973.684.42$924
Jul 201004,63072.554.74$21,930
Jun 2010012,83470.364.91$63,020
May 2010013,69671.124.24$58,006
Apr 2010011,01981.694.12$45,428
Mar 2010012,25478.394.39$53,779
Feb 2010011,36173.585.44$61,831
Jan 2010013,31774.365.96$79,424
Dec 2009013,61771.445.48$74,672
Nov 2009012,73474.593.75$47,772
Oct 2009014,42972.544.11$59,307
Sep 2009014,91265.543.06$45,702
Aug 2009016,41167.423.22$52,819
Jul 2009017,54061.133.46$60,767
Jun 2009016,13266.163.90$62,834
May 2009016,18754.743.93$63,546
Apr 2009016,18446.773.59$58,060
Mar 2009117,99542.144.06$73,084
Feb 2009217,56732.814.63$81,454
Jan 2009317,97935.865.37$96,673
Dec 2008019,88637.105.98$118,861
Nov 200806,54355.496.86$44,887
Oct 2008010,73575.246.92$74,307
Sep 2008019,332101.767.88$152,280
Aug 2008019,621114.228.48$166,445
Jul 2008018,132131.0811.39$206,513
Jun 2008019,063131.3313.03$248,441
May 2008021,574123.1711.57$249,704
Apr 200800110.3110.45$0
Mar 2008027,689101.909.66$267,588
Feb 2008019,13492.538.77$167,816
Jan 2008013,16390.388.21$108,012

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                    3 Mcf  × $  3.42 =        $10

────────────────────────────────────────────────────
Month total                                      $10

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/243000 is the state's own key, not one this site invented.