JOBE STATE 70-22

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 243362District 08Field 908907002 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.1 M
Mar 2008 – Mar 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 Gas112011-09-19203343
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
CondensateDisposition18 bbl$1,437
GasProduction1,310,458 Mcf$7,068,147
Total$7,069,584

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 31.3615, -103.8387. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.36149, -103.83873 · 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
12,135 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 12,135 ft.

Completions filed
Mar 2008
1 of 1 wells
Plug dates filed
Mar 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

42-389324882H12,135 ftMar 2008Mar 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

Mar 20190056.803.06$0
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 20170149.292.98$3
Sep 20170347.523.09$9
Aug 20170645.373.00$18
Jul 201701043.873.09$31
Jun 20170642.493.09$19
May 20170745.373.26$23
Apr 201705147.933.21$164
Mar 2017015446.772.98$459
Feb 2017019550.452.95$576
Jan 20170249.413.42$7
Dec 20160148.763.72$4
Nov 20160142.492.64$3
Oct 20160146.193.09$3
Sep 20160141.553.10$3
Aug 20160141.442.92$3
Jul 20160041.622.92$0
Jun 20160645.352.69$16
May 20160042.521.99$0
Apr 201601,09936.561.99$2,188
Mar 2016030433.011.79$545
Feb 2016022226.472.06$458
Jan 201602,48627.352.36$5,878
Dec 201501,59432.362.00$3,190
Nov 201508,69338.792.17$18,841
Oct 201504,84743.552.43$11,762
Sep 201503,34442.992.76$9,224
Aug 201505,55040.162.87$15,942
Jul 201504,43248.152.95$13,053
Jun 201502,50456.152.88$7,219
May 201502,39655.212.96$7,081
Apr 2015020849.822.71$563
Mar 201502,55342.892.93$7,492
Feb 201504,74144.662.98$14,110
Jan 201504,54343.433.10$14,086
Dec 201406,94554.693.59$24,942
Nov 201406,77770.464.25$28,815
Oct 201407,40878.303.90$28,898
Sep 201408,54286.164.05$34,556
Aug 2014010,55489.394.04$42,587
Jul 2014011,74296.564.18$49,077
Jun 2014010,08598.164.74$47,771
May 201408,66394.734.73$40,946
Apr 201408,56195.944.81$41,171
Mar 201408,88695.895.06$44,935
Feb 201408,28997.406.19$51,325
Jan 201409,75590.404.86$47,416
Dec 2013010,19491.824.35$44,390
Nov 201309,48688.853.74$35,461
Oct 201309,63097.423.78$36,395
Sep 201309,376104.113.72$34,858
Aug 201309,838104.253.52$34,655
Jul 201309,961102.523.72$37,032
Jun 201309,74194.403.93$38,315
May 201309,52094.834.15$39,499
Apr 201309,66293.964.28$41,378
Mar 201309,98593.623.91$39,070
Feb 201309,11591.233.42$31,172
Jan 201309,88491.603.42$33,802
Dec 2012010,26586.773.42$35,108
Nov 2012010,06386.953.62$36,478
Oct 2012010,47289.383.40$35,601
Sep 2012010,19094.672.92$29,739
Aug 2012010,55992.662.91$30,707
Jul 2012010,89685.133.02$32,915
Jun 2012010,91379.822.52$27,490
May 2012011,56191.612.49$28,767
Apr 2012011,593101.652.00$23,149
Mar 2012012,603105.052.22$28,005
Feb 2012011,874101.102.57$30,519
Jan 2012012,86898.092.73$35,182
Dec 2011014,16496.873.24$45,888
Nov 201109,20795.723.31$30,487
Oct 2011012,99984.983.65$47,427
Sep 2011013,23683.623.99$52,756
Aug 2011014,08783.404.15$58,451
Jul 2011014,84094.144.52$67,036
Jun 2011014,60692.904.64$67,770
May 2011015,59598.134.40$68,693
Apr 2011016,116105.964.33$69,835
Mar 2011016,08196.364.06$65,246
Feb 2011010,24985.644.18$42,841
Jan 201109,02186.504.59$41,395
Dec 2010016,08885.734.35$69,947
Nov 2010015,98880.843.80$60,680
Oct 2010016,98478.103.51$59,595
Sep 2010018,01472.633.98$71,686
Aug 2010020,05373.684.42$88,621
Jul 20100372.554.74$14
Jun 2010010,97570.364.91$53,892
May 2010014,96071.124.24$63,359
Apr 2010015,18581.694.12$62,603
Mar 2010015,98178.394.39$70,135
Feb 2010014,77073.585.44$80,384
Jan 2010016,87074.365.96$100,614
Dec 2009015,53571.445.48$85,190
Nov 2009014,90574.593.75$55,916
Oct 2009017,67172.544.11$72,632
Sep 2009017,93665.543.06$54,969
Aug 2009020,20267.423.22$65,020
Jul 2009020,95461.133.46$72,595
Jun 2009022,35666.163.90$87,077
May 2009022,10054.743.93$86,759
Apr 2009010,59346.773.59$38,002
Mar 2009012,15742.144.06$49,345
Feb 2009320,78232.814.63$96,381
Jan 2009324,49035.865.37$131,643
Dec 2008025,98037.105.98$155,286
Nov 2008022,71755.496.86$155,847
Oct 2008027,74975.246.92$192,078
Sep 2008028,416101.767.88$223,835
Aug 2008032,927114.228.48$279,320
Jul 2008035,727131.0811.39$406,910
Jun 2008023,442131.3313.03$305,511
May 2008043,535123.1711.57$503,887
Apr 2008142,945110.3110.45$449,094
Mar 20081164,849101.909.66$627,826

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 2017 — as filed, then multipliedworked
Condensate             0 bbl  × $ 49.29 =         $0
Gas                    1 Mcf  × $  2.98 =         $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/243362 is the state's own key, not one this site invented.