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CAPTAIN CALL

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 276248District 08Field 80544500Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$40.6 M
Apr 2014 – May 2026
Value, last 12 filed months
$579 k
at the published price for each month
Months reported
146
no gaps in the span
Streams
2
condensate, gas

The SANDBAR (BONE SPRING) field

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 Gas112016-01-11217724
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
CondensateDisposition427,363 bbl$27,876,148
GasProduction3,902,633 Mcf$12,740,049
Total$40,616,198

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 31.9994, -104.1767. 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
7,662 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 7,662 ft.

Completions filed
Apr 2014
1 of 1 wells

1 well

42-10932636404H7,662 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 20261445,874106.413.05$33,214
Apr 20263027,82998.932.87$52,344
Mar 202643413,88889.753.15$82,691
Feb 20262179,90863.503.75$50,938
Jan 20263268,82559.138.00$89,858
Dec 20258975,43556.664.41$74,811
Nov 202518011,03258.593.93$53,863
Oct 20252683,70459.383.30$28,155
Sep 202533810,64862.743.08$53,969
Aug 20252078,81863.933.01$39,818
Jul 20250066.743.32$0
Jun 202506,20066.483.13$19,398
May 2025856,26460.553.23$25,394
Apr 20254078,84562.363.54$56,719
Mar 20253127,86167.704.27$54,676
Feb 202518,88270.884.34$38,626
Jan 202502374.324.28$98
Dec 2024101,80568.993.12$6,324
Nov 202496,53469.052.20$14,986
Oct 2024397,55871.372.28$20,026
Sep 20242017,76469.612.36$32,349
Aug 20241818,06375.632.06$30,328
Jul 2024466,52879.932.15$17,690
Jun 2024494,12678.082.63$14,694
May 2024347078.812.20$27,347
Apr 20246929,39484.451.66$74,026
Mar 20243559,74080.301.55$43,556
Feb 20242616,71076.091.78$31,828
Jan 20245107,07173.023.30$60,558
Dec 20235957,19671.262.61$61,186
Nov 20237777,61277.892.81$81,892
Oct 20235486,98385.443.09$68,380
Sep 20232527,23789.042.74$42,232
Aug 20233207,90880.522.67$46,904
Jul 20234819,66274.852.64$61,528
Jun 202353710,71968.962.26$61,240
May 202368311,51470.622.23$73,880
Apr 202341211,83478.122.24$58,667
Mar 202337211,76072.852.39$55,244
Feb 202352911,14275.112.47$67,206
Jan 202349713,69976.533.39$84,444
Dec 202281112,20176.415.73$131,869
Nov 202272014,14685.005.65$141,071
Oct 202281214,66587.185.86$156,782
Sep 202282313,42884.888.16$179,478
Aug 202273712,63694.529.13$184,992
Jul 202287716,571101.587.54$214,065
Jun 20221,10613,028115.097.98$231,217
May 20221,05215,537109.378.43$246,081
Apr 202286014,758104.226.84$190,539
Mar 202278214,311108.885.08$157,793
Feb 202269313,75191.054.86$129,912
Jan 202286117,47781.844.54$149,769
Dec 202198816,13671.323.90$133,380
Nov 20211,18816,63577.435.24$179,102
Oct 20211,16419,59279.795.71$204,822
Sep 20211,10918,83569.865.35$178,259
Aug 20211,53722,37266.024.22$195,896
Jul 20211,45426,11670.783.98$206,910
Jun 20211,17024,40869.493.38$163,817
May 20211,15223,99163.483.02$145,526
Apr 20211,48223,71460.362.76$154,867
Mar 20211,28024,30861.302.72$144,507
Feb 202178519,23257.805.55$152,071
Jan 20211,22124,20950.412.81$129,584
Dec 20201,03824,61744.642.68$112,198
Nov 20201,25723,16738.772.71$111,437
Oct 20201,09124,56936.972.48$101,227
Sep 20201,09724,70737.091.99$89,880
Aug 202086624,67439.982.39$93,473
Jul 20201,06422,94338.371.83$82,699
Jun 20201,40522,45734.901.69$86,994
May 20201,18821,28516.921.81$58,728
Apr 20201,22520,57514.751.80$55,194
Mar 20201,20124,37530.341.86$81,684
Feb 20201,30623,06449.881.98$110,825
Jan 20201,26724,33557.252.09$123,511
Dec 20191,40520,02059.012.30$129,042
Nov 20191,53019,48355.302.75$138,201
Oct 20191,48319,77053.472.42$127,111
Sep 20191,32820,97855.052.66$128,851
Aug 20191,33915,65953.112.30$107,198
Jul 20191,08414,51256.272.46$96,697
Jun 201993920,13152.782.49$99,711
May 201991718,16558.482.74$103,404
Apr 20191,25414,55162.632.75$118,563
Mar 20191,26114,02556.803.06$114,571
Feb 201980415,09950.852.79$83,043
Jan 20191,46925,34646.033.23$149,440
Dec 20181,19724,49246.594.19$158,278
Nov 20181,29222,85052.934.24$165,206
Oct 20181,31516,52461.443.40$136,943
Sep 20181,24228,36859.543.11$162,116
Aug 20181,47137,68859.403.07$202,950
Jul 20181,57629,55265.142.93$189,304
Jun 20181,74230,72660.183.08$199,375
May 20181,95443,01765.382.90$252,536
Apr 20181,92228,77063.842.90$206,157
Mar 20182,34619,57061.222.79$198,161
Feb 20182,18218,31961.782.77$185,477
Jan 20182,52625,95262.874.01$262,859
Dec 20172,03522,54257.272.92$182,401
Nov 20171,91421,71855.423.12$173,798
Oct 20172,64224,68449.292.98$203,873
Sep 20172,42822,91547.523.09$186,124
Aug 20172,30830,56445.373.00$196,540
Jul 20172,03728,25143.873.09$176,582
Jun 20172,21322,64242.493.09$163,933
May 20173,47132,20945.373.26$262,590
Apr 20173,21131,51047.933.21$255,101
Mar 20173,33827,48246.772.98$238,116
Feb 20171,55621,33950.452.95$141,506
Jan 20172,81627,90549.413.42$234,540
Dec 20162,83928,22348.763.72$243,499
Nov 20162,57526,49242.492.64$179,466
Oct 20162,76730,10146.193.09$220,828
Sep 20163,38831,30941.553.10$237,849
Aug 20164,16332,08941.442.92$266,354
Jul 20163,28727,78441.622.92$218,055
Jun 20163,18728,09845.352.69$219,997
May 20163,68229,64542.521.99$215,583
Apr 20164,85128,36136.561.99$233,820
Mar 20163,55933,15733.011.79$176,967
Feb 20163,84046,88126.472.06$198,390
Jan 20163,50660,41727.352.36$238,737
Dec 20154,12855,08632.362.00$243,832
Nov 20155,47663,66038.792.17$350,386
Oct 20155,43067,43143.552.43$400,103
Sep 20155,71169,41342.992.76$436,986
Aug 20156,66271,52140.162.87$472,989
Jul 20157,18682,21548.152.95$588,136
Jun 20159,12874,61256.152.88$727,633
May 201510,55785,79455.212.96$836,412
Apr 201513,02994,03349.822.71$903,612
Mar 201510,42489,07142.892.93$708,483
Feb 201510,60082,38444.662.98$718,586
Jan 201512,22669,74543.433.10$747,229
Dec 201411,679103,13954.693.59$1,009,134
Nov 201414,839128,44970.464.25$1,591,701
Oct 201422,185148,45078.303.90$2,316,183
Sep 201414,54485,25086.164.05$1,597,985
Aug 201420,34151,32989.394.04$2,025,401
Jul 201437,695103,91596.564.18$4,074,152
Jun 201436,85873,05698.164.74$3,964,039
May 20144,90910,28494.734.73$513,638
Apr 20145,0754,49195.944.81$508,493

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.

May 2026 — as filed, then multipliedworked
Condensate           144 bbl  × $106.41 =    $15,323
Gas                5,874 Mcf  × $  3.05 =    $17,891

────────────────────────────────────────────────────
Month total                                  $33,214

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/276248 is the state's own key, not one this site invented.