BLOCK 58 STATE 31-3

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 245061District 08Field 908907002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.3 M
Feb 2008 – Apr 2018
Value, last 12 filed months
$0
at the published price for each month
Months reported
123
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 Gas112010-02-23197247
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
CondensateDisposition14 bbl$1,427
GasProduction510,634 Mcf$3,320,415
Total$3,321,842

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 31.4457, -103.8814. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.44567, -103.88136 · 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
12,632 ft
1 wells filed one
Completion to plug
10.2 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 12,632 ft.

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

Last completion to plug: a median of 10.2 years across the 1 well that filed both dates, with the middle half between 10.2 years and 10.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-389324521H12,632 ftMar 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 (123)

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

123 months

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 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130194.403.93$4
May 201303,39094.834.15$14,065
Apr 201301593.964.28$64
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 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 201108483.623.99$335
Aug 20110083.404.15$0
Jul 201101,07494.144.52$4,852
Jun 201102,17692.904.64$10,096
May 201104,92298.134.40$21,681
Apr 201106,187105.964.33$26,810
Mar 201101,75296.364.06$7,108
Feb 201104,45585.644.18$18,622
Jan 201108,44586.504.59$38,752
Dec 201001,16285.734.35$5,052
Nov 201001,32680.843.80$5,033
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 201002,57872.554.74$12,211
Jun 201007,96970.364.91$39,131
May 201008,73871.124.24$37,007
Apr 2010010,25881.694.12$42,291
Mar 2010012,75878.394.39$55,991
Feb 2010012,18973.585.44$66,337
Jan 2010013,85374.365.96$82,621
Dec 2009014,69871.445.48$80,600
Nov 2009011,02774.593.75$41,368
Oct 2009018,62372.544.11$76,545
Sep 2009018,70565.543.06$57,326
Aug 2009020,31867.423.22$65,393
Jul 2009010,37761.133.46$35,951
Jun 2009018,30166.163.90$71,282
May 2009019,86254.743.93$77,973
Apr 2009021,20146.773.59$76,059
Mar 2009013,59742.144.06$55,190
Feb 2009014,74932.814.63$68,332
Jan 2009010,66735.865.37$57,292
Dec 200803,65037.105.98$21,817
Nov 200808,24055.496.86$56,529
Oct 2008030,83875.246.92$213,460
Sep 2008028,096101.767.88$221,315
Aug 2008027,571114.228.48$233,885
Jul 2008026,459131.0811.39$301,353
Jun 2008027,560131.3313.03$359,179
May 2008029,357123.1711.57$339,786
Apr 200800110.3110.45$0
Mar 20081432,150101.909.66$312,126
Feb 200801,25692.538.77$11,016

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 2013 — as filed, then multipliedworked
Condensate             0 bbl  × $ 94.40 =         $0
Gas                    1 Mcf  × $  3.93 =         $4

────────────────────────────────────────────────────
Month total                                       $4

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/245061 is the state's own key, not one this site invented.