JOBE STATE 72-7

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 246948District 08Field 908907002 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.0 M
Oct 2008 – Jan 2019
Value, last 12 filed months
$0
at the published price for each month
Months reported
124
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 Gas112010-01-28189371
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
CondensateDisposition31 bbl$1,865
GasProduction1,055,974 Mcf$4,977,865
Total$4,979,729

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 31.3548, -103.7797. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.35483, -103.77968 · 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
12,285 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 12,285 ft.

Completions filed
Oct 2008
1 of 1 wells
Plug dates filed
Jan 2019
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

42-389325241H12,285 ftOct 2008Jan 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 (124)

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

124 months

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 20140490.404.86$19
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 2013067794.403.93$2,663
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 201302291.603.42$75
Dec 20120086.773.42$0
Nov 2012082386.953.62$2,983
Oct 2012061889.383.40$2,101
Sep 2012089994.672.92$2,624
Aug 201201,17592.662.91$3,417
Jul 201205,00285.133.02$15,110
Jun 201202,67179.822.52$6,728
May 2012010,28791.612.49$25,597
Apr 2012011,298101.652.00$22,560
Mar 201204,848105.052.22$10,773
Feb 201201,618101.102.57$4,159
Jan 2012015,64698.092.73$42,777
Dec 2011022,27496.873.24$72,162
Nov 2011010,89295.723.31$36,066
Oct 201103,68284.983.65$13,434
Sep 201109,53283.623.99$37,993
Aug 201109,96883.404.15$41,360
Jul 2011019,37894.144.52$87,535
Jun 2011011,13792.904.64$51,674
May 201109,46898.134.40$41,705
Apr 2011024,599105.964.33$106,594
Mar 2011025,94196.364.06$105,251
Feb 201107,41785.644.18$31,003
Jan 2011014,04186.504.59$64,431
Dec 2010013,93585.734.35$60,586
Nov 2010019,15680.843.80$72,703
Oct 201005,99078.103.51$21,018
Sep 2010019572.633.98$776
Aug 2010024,48573.684.42$108,208
Jul 2010025,31372.554.74$119,895
Jun 2010026,71770.364.91$131,191
May 2010017,07371.124.24$72,308
Apr 2010012,41481.694.12$51,179
Mar 2010026,76178.394.39$117,445
Feb 2010017,23573.585.44$93,799
Jan 2010027,99974.365.96$166,989
Dec 2009010,51171.445.48$57,640
Nov 2009017,15474.593.75$64,353
Oct 2009033,28972.544.11$136,826
Sep 200907,43865.543.06$22,796
Aug 2009033,23667.423.22$106,970
Jul 2009036,35361.133.46$125,945
Jun 20092438,14866.163.90$150,174
May 2009042,54054.743.93$167,001
Apr 2009050,95746.773.59$182,808
Mar 2009142,76942.144.06$173,642
Feb 20090032.814.63$0
Jan 2009535,59935.865.37$191,382
Dec 2008092,91137.105.98$555,342
Nov 2008192,26855.496.86$633,047
Oct 2008081,61175.246.92$564,910

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 2014 — as filed, then multipliedworked
Condensate             0 bbl  × $ 90.40 =         $0
Gas                    4 Mcf  × $  4.86 =        $19

────────────────────────────────────────────────────
Month total                                      $19

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/246948 is the state's own key, not one this site invented.