CARPENTER B UNIT

Operated by COG OPERATING LLC (P-5 166150) in the SANDBAR (BONE SPRING) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 276204District 08Field 80544500Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$12.7 M
Apr 2014 – May 2026
Value, last 12 filed months
$11 k
at the published price for each month
Months reported
146
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 1,654 leases and 2,003 wells, and the rule below applies to all of them.

Discovered
2010-09-15
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2015-08-25.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: DKT08-0319479 ORDER NUNC PRO TUNC REGARDING SWR13

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 Gas112015-12-17217765
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
CondensateDisposition147,627 bbl$9,985,563
GasProduction749,527 Mcf$2,706,982
Total$12,692,545

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 31.9996, -104.0380. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
8,220 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

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 8,220 ft.

Completions filed
Apr 2014
1 of 1 wells

1 well

42-10932662202H8,220 ftApr 2014

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 (146)

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

146 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 2025193058.593.93$11,308
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240469.052.20$9
Oct 202406271.372.28$141
Sep 202406069.612.36$142
Aug 2024021075.632.06$433
Jul 2024093079.932.15$1,996
Jun 202437944478.082.63$30,762
May 20240078.812.20$0
Apr 202406084.451.66$100
Mar 20243831,99780.301.55$33,841
Feb 202401,55276.091.78$2,768
Jan 2024022773.023.30$749
Dec 202301,08171.262.61$2,822
Nov 20233722,04577.892.81$34,717
Oct 202301,46885.443.09$4,532
Sep 202302,58689.042.74$7,073
Aug 202302,75780.522.67$7,369
Jul 20234103,49774.852.64$39,927
Jun 20234573,70468.962.26$39,880
May 20234624,34670.622.23$42,307
Apr 202303,55578.122.24$7,955
Mar 20238984,99472.852.39$77,371
Feb 20234464,80475.112.47$45,344
Jan 202305,47476.533.39$18,544
Dec 20224725,23576.415.73$66,057
Nov 20224754,69585.005.65$66,884
Oct 202204,96187.185.86$29,090
Sep 20224044,22984.888.16$68,816
Aug 202204,12394.529.13$37,631
Jul 20224592,342101.587.54$64,289
Jun 20224685,850115.097.98$100,529
May 20224606,194109.378.43$102,544
Apr 20224705,906104.226.84$89,366
Mar 20224676,136108.885.08$81,996
Feb 20221995,62091.054.86$45,426
Jan 20224625,92581.844.54$64,696
Dec 20219265,66671.323.90$88,135
Nov 20214505,17977.435.24$61,965
Oct 20214735,01679.795.71$66,401
Sep 20214645,28869.865.35$60,711
Aug 20214655,36366.024.22$53,334
Jul 20218504,89170.783.98$79,639
Jun 20214525,01469.493.38$48,360
May 20214675,08763.483.02$44,996
Apr 20219044,80360.362.76$67,814
Mar 20218355,42661.302.72$65,928
Feb 20214755,42857.805.55$57,569
Jan 202101,30250.412.81$3,659
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 2020064037.091.99$1,274
Aug 202002,34839.982.39$5,600
Jul 20204324,62638.371.83$25,019
Jun 20204515,17634.901.69$24,489
May 20204644,54316.921.81$16,095
Apr 20204193,47614.751.80$12,452
Mar 20204574,99830.341.86$23,143
Feb 20208154,58449.881.98$49,732
Jan 20204354,00257.252.09$33,287
Dec 20194185,49959.012.30$37,338
Nov 20198514,71655.302.75$60,033
Oct 20194255,21053.472.42$35,325
Sep 20194514,97155.052.66$38,037
Aug 20197314,97753.112.30$50,292
Jul 20199085,08556.272.46$63,603
Jun 20194743,72452.782.49$34,295
May 20194585,44758.482.74$41,710
Apr 20194635,45862.632.75$44,011
Mar 20199185,75456.803.06$69,762
Feb 20199265,22050.852.79$61,662
Jan 20194546,09046.033.23$40,557
Dec 20181,0276,46646.594.19$74,911
Nov 201805,66252.934.24$23,991
Oct 20189286,31361.443.40$78,468
Sep 20184955,12559.543.11$45,401
Aug 20184575,16459.403.07$42,982
Jul 20181,3776,06665.142.93$107,483
Jun 20181,3345,61160.183.08$97,545
May 20184756,03665.382.90$48,565
Apr 201875,34163.842.90$15,940
Mar 20189075,76561.222.79$71,593
Feb 20181,3945,63361.782.77$101,703
Jan 2018245,48062.874.01$23,480
Dec 20178413,64757.272.92$58,819
Nov 20179365,39955.423.12$68,709
Oct 20179456,09149.292.98$64,753
Sep 20174746,23547.523.09$41,774
Aug 20171,3886,68345.373.00$83,052
Jul 20174676,37943.873.09$40,181
Jun 20179105,02942.493.09$54,192
May 20179224,81045.373.26$57,528
Apr 20179216,84747.933.21$66,133
Mar 20171,2977,16946.772.98$82,051
Feb 20171,8356,95250.452.95$113,102
Jan 20171,3425,34849.413.42$84,592
Dec 20168397,10648.763.72$67,364
Nov 20164627,93742.492.64$40,619
Oct 20161,3688,98746.193.09$90,960
Sep 20161,6628,88141.553.10$96,593
Aug 20163,49013,12841.442.92$183,016
Jul 20164387,04241.622.92$38,823
Jun 20162,1777,54545.352.69$118,992
May 20161,0807,49842.521.99$60,850
Apr 20161,1784,77836.561.99$52,581
Mar 20161,3085,00433.011.79$52,154
Feb 20161,9904,73426.472.06$62,445
Jan 20161,5702,16127.352.36$48,049
Dec 20155701,80032.362.00$22,048
Nov 20159254,53538.792.17$45,710
Oct 20151,8303,77543.552.43$88,857
Sep 201572999542.992.76$34,084
Aug 20152,2746,84240.162.87$110,977
Jul 20151,4505,52748.152.95$86,095
Jun 20151,7945,14556.152.88$115,565
May 20152,0015,48355.212.96$126,680
Apr 20152,4377,16049.822.71$140,790
Mar 20153,0637,93642.892.93$154,662
Feb 20152,08810,08044.662.98$123,250
Jan 20153,3417,35943.433.10$167,917
Dec 20142,72112,73754.693.59$194,555
Nov 20144,06818,00270.464.25$363,173
Oct 20143,78322,85578.303.90$385,365
Sep 20145,34719,08786.164.05$537,913
Aug 20145,90116,78489.394.04$595,216
Jul 20145,75217,63596.564.18$629,120
Jun 201411,12635,71798.164.74$1,261,315
May 201417,48045,44194.734.73$1,870,660
Apr 20144,6358,50095.944.81$485,559

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.

Nov 2025 — as filed, then multipliedworked
Condensate           193 bbl  × $ 58.59 =    $11,308
Gas                    0 Mcf  × $  3.93 =         $0

────────────────────────────────────────────────────
Month total                                  $11,308

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/276204 is the state's own key, not one this site invented.