TORREZ STATE 61

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 247107District 08Field 908907002 tax incentive programmesGasSaveExport
Value, all time
$6.3 M
Nov 2008 – Feb 2020
Value, last 12 filed months
$0
at the published price for each month
Months reported
136
no gaps in the span
Streams
1
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 Gas112009-06-12189817
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
GasProduction1,529,429 Mcf$6,286,132
Total$6,286,132

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 31.3369, -103.9297. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.33688, -103.92968 · 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
10,773 ft
1 wells filed one
Completion to plug
11.3 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 10,773 ft.

Completions filed
Nov 2008
1 of 1 wells
Plug dates filed
Feb 2020
1 of 1 wells

Last completion to plug: a median of 11.3 years across the 1 well that filed both dates, with the middle half between 11.3 years and 11.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-389325291H10,773 ftNov 2008Feb 2020Yes

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 (136)

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

136 months

Feb 2020049.881.98$0
Jan 2020057.252.09$0
Dec 2019059.012.30$0
Nov 2019055.302.75$0
Oct 2019053.472.42$0
Sep 2019055.052.66$0
Aug 2019053.112.30$0
Jul 2019056.272.46$0
Jun 2019052.782.49$0
May 2019058.482.74$0
Apr 2019062.632.75$0
Mar 2019056.803.06$0
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 2018061.443.40$0
Sep 2018059.543.11$0
Aug 2018059.403.07$0
Jul 2018065.142.93$0
Jun 2018060.183.08$0
May 2018065.382.90$0
Apr 2018063.842.90$0
Mar 2018061.222.79$0
Feb 2018061.782.77$0
Jan 2018162.874.01$4
Dec 2017057.272.92$0
Nov 2017255.423.12$6
Oct 2017249.292.98$6
Sep 2017747.523.09$22
Aug 2017945.373.00$27
Jul 2017843.873.09$25
Jun 2017742.493.09$22
May 20171545.373.26$49
Apr 20175047.933.21$161
Mar 20172446.772.98$72
Feb 20172150.452.95$62
Jan 20173049.413.42$103
Dec 2016448.763.72$15
Nov 20163042.492.64$79
Oct 20162546.193.09$77
Sep 20162941.553.10$90
Aug 20162041.442.92$58
Jul 2016041.622.92$0
Jun 20167145.352.69$191
May 2016042.521.99$0
Apr 2016336.561.99$6
Mar 20161333.011.79$23
Feb 2016026.472.06$0
Jan 2016627.352.36$14
Dec 2015532.362.00$10
Nov 20151338.792.17$28
Oct 201522343.552.43$541
Sep 20151,26142.992.76$3,478
Aug 20154,88740.162.87$14,038
Jul 20154,01748.152.95$11,830
Jun 20153,78356.152.88$10,906
May 20155,69555.212.96$16,831
Apr 20154,42049.822.71$11,963
Mar 20152,42442.892.93$7,114
Feb 20151,55344.662.98$4,622
Jan 20156,57043.433.10$20,371
Dec 201412,70254.693.59$45,617
Nov 201413,49470.464.25$57,374
Oct 201415,62578.303.90$60,953
Sep 20146,64886.164.05$26,894
Aug 201410,19389.394.04$41,130
Jul 201412,88196.564.18$53,837
Jun 201412,73698.164.74$60,329
May 201413,34494.734.73$63,071
Apr 201413,28895.944.81$63,904
Mar 201415,06195.895.06$76,160
Feb 201411,20597.406.19$69,381
Jan 201413,64090.404.86$66,300
Dec 201312,26491.824.35$53,403
Nov 201313,49988.853.74$50,463
Oct 201314,96697.423.78$56,562
Sep 201314,851104.113.72$55,212
Aug 201315,769104.253.52$55,548
Jul 201315,327102.523.72$56,982
Jun 201313,68594.403.93$53,829
May 201314,89394.834.15$61,792
Apr 201315,11493.964.28$64,727
Mar 201315,77393.623.91$61,718
Feb 201314,56791.233.42$49,818
Jan 201315,00291.603.42$51,305
Dec 201216,13386.773.42$55,177
Nov 201215,85586.953.62$57,474
Oct 201216,25189.383.40$55,248
Sep 201215,49894.672.92$45,229
Aug 201215,87792.662.91$46,173
Jul 201216,56285.133.02$50,030
Jun 201215,94379.822.52$40,161
May 201216,92591.612.49$42,115
Apr 201216,324101.652.00$32,596
Mar 201217,382105.052.22$38,624
Feb 201216,679101.102.57$42,869
Jan 201217,97698.092.73$49,148
Dec 201117,58196.873.24$56,958
Nov 201117,75695.723.31$58,795
Oct 201118,35884.983.65$66,980
Sep 201118,22183.623.99$72,625
Aug 201118,89283.404.15$78,389
Jul 201119,37694.144.52$87,526
Jun 201119,00692.904.64$88,186
May 201119,91298.134.40$87,709
Apr 201119,565105.964.33$84,781
Mar 201120,96996.364.06$85,078
Feb 201117,96485.644.18$75,089
Jan 201121,31586.504.59$97,810
Dec 201021,64585.734.35$94,107
Nov 201021,42280.843.80$81,304
Oct 201022,74778.103.51$79,817
Sep 201022,68672.633.98$90,278
Aug 201024,28273.684.42$107,311
Jul 201024,49772.554.74$116,030
Jun 201024,34570.364.91$119,544
May 201025,69271.124.24$108,811
Apr 201014,82781.694.12$61,127
Mar 201023,26078.394.39$102,080
Feb 201022,22073.585.44$120,929
Jan 201030,33474.365.96$180,915
Dec 200924,47171.445.48$134,193
Nov 200921,26874.593.75$79,787
Oct 200928,71272.544.11$118,014
Sep 200930,12065.543.06$92,310
Aug 200934,35467.423.22$110,568
Jul 200938,29861.133.46$132,683
Jun 200930,75166.163.90$119,775
May 200938,18654.743.93$149,909
Apr 200919,79546.773.59$71,015
Mar 200923,54342.144.06$95,561
Feb 200932,67132.814.63$151,365
Jan 200948,44535.865.37$260,198
Dec 200892,78337.105.98$554,577
Nov 2008055.496.86$0

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 2018 — as filed, then multipliedworked
Gas                    1 Mcf  × $  4.01 =         $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/247107 is the state's own key, not one this site invented.