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DEETS

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 277241District 08Field 80544500Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$32.7 M
Mar 2014 – May 2026
Value, last 12 filed months
$584 k
at the published price for each month
Months reported
147
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 Gas112016-01-11217726
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
CondensateDisposition325,600 bbl$21,768,289
GasProduction3,170,751 Mcf$10,964,830
Total$32,733,120

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 31.9995, -104.2067. 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
7,649 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 7,649 ft.

Completions filed
Mar 2014
1 of 1 wells

1 well

42-10932618603H7,649 ftMar 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 (147)

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

147 months

May 20268910,987106.413.05$42,935
Apr 2026666,18998.932.87$24,290
Mar 202646089.753.15$4,129
Feb 2026152,72863.503.75$11,183
Jan 20266314,63759.138.00$120,791
Dec 202532913,29756.664.41$77,326
Nov 202545412,86858.593.93$77,125
Oct 20255058,92859.383.30$59,493
Sep 20254725,38962.743.08$46,195
Aug 20255855,60663.933.01$54,300
Jul 20254525,57966.743.32$48,662
Jun 20251163,18266.483.13$17,667
May 20252102,60460.553.23$21,132
Apr 20251904,68762.363.54$28,455
Mar 20251756,56267.704.27$39,856
Feb 20251586,54470.884.34$39,606
Jan 20251997,89774.324.28$48,578
Dec 2024875,76568.993.12$23,997
Nov 20242397,12569.052.20$32,167
Oct 20243357,71271.372.28$41,503
Sep 20243385,78569.612.36$37,206
Aug 20244806,74575.632.06$50,222
Jul 20242137,43779.932.15$32,989
Jun 20242576,74878.082.63$37,841
May 2024287078.812.20$22,618
Apr 20243188,00084.451.66$40,129
Mar 20241504,55180.301.55$19,077
Feb 20243228,76176.091.78$40,127
Jan 202447110,71173.023.30$69,714
Dec 202350511,26671.262.61$65,399
Nov 20232609,23277.892.81$46,171
Oct 202324012,88285.443.09$60,276
Sep 2023963,95189.042.74$19,354
Aug 202328711,37280.522.67$53,505
Jul 202334211,77374.852.64$56,701
Jun 20232508,84368.962.26$37,212
May 20233759,40970.622.23$47,440
Apr 202362110,54378.122.24$72,105
Mar 20234363,90472.852.39$41,106
Feb 20232674,81875.112.47$31,934
Jan 20232076,99076.533.39$39,522
Dec 20224736,01176.415.73$70,579
Nov 20222099,46785.005.65$71,218
Oct 20222726,52787.185.86$61,986
Sep 20224115,72184.888.16$81,590
Aug 202269410,25994.529.13$159,232
Jul 202253011,598101.587.54$141,310
Jun 202246910,197115.097.98$135,321
May 202247412,776109.378.43$159,582
Apr 202249211,916104.226.84$132,753
Mar 20224446,949108.885.08$83,619
Feb 20225306,23991.054.86$78,571
Jan 20225838,07281.844.54$84,341
Dec 20217566,88871.323.90$80,775
Nov 20214363,99777.435.24$54,691
Oct 20214175,80979.795.71$66,464
Sep 20213895,74169.865.35$57,895
Aug 20214186,68866.024.22$55,824
Jul 20212998,43770.783.98$54,760
Jun 20214028,94769.493.38$58,181
May 202138910,68563.483.02$56,938
Apr 20213328,71660.362.76$44,082
Mar 20211114,05061.302.72$17,808
Feb 20211062,48257.805.55$19,897
Jan 20213495,04450.412.81$31,768
Dec 202053110,03144.642.68$50,541
Nov 202058411,03638.772.71$52,511
Oct 20207158,33636.972.48$47,094
Sep 20205637,12037.091.99$35,058
Aug 20208339,83439.982.39$56,758
Jul 202086012,86938.371.83$56,486
Jun 202082214,59234.901.69$53,353
May 202077212,55716.921.81$35,850
Apr 202079015,34914.751.80$39,348
Mar 20201,05614,61730.341.86$59,172
Feb 202059910,93149.881.98$51,529
Jan 20201,08811,13457.252.09$85,611
Dec 201984114,28259.012.30$82,538
Nov 20191,0629,55255.302.75$85,003
Oct 201999015,03753.472.42$89,303
Sep 201991112,62855.052.66$83,707
Aug 20191,00316,69853.112.30$91,748
Jul 201989219,39656.272.46$97,908
Jun 20191,0949,89352.782.49$82,387
May 20191,10215,57558.482.74$107,125
Apr 20191,09014,19762.632.75$107,318
Mar 20191,14917,83456.803.06$119,873
Feb 20191,52418,77950.852.79$129,931
Jan 20191,59814,40946.033.23$120,071
Dec 20181,92917,92946.594.19$164,913
Nov 20182,15117,93452.934.24$189,843
Oct 20182,90037,00061.443.40$303,905
Sep 20182,23924,02259.543.11$207,970
Aug 20182,99422,53859.403.07$246,958
Jul 2018117065.142.93$7,621
Jun 201876712,22260.183.08$83,764
May 20181,34621,02665.382.90$148,994
Apr 20181,17218,46263.842.90$128,375
Mar 20181,18820,47661.222.79$129,793
Feb 20181,10815,33461.782.77$110,868
Jan 20181,40122,56962.874.01$178,567
Dec 20171,26424,54357.272.92$144,092
Nov 20171,19226,26355.423.12$147,958
Oct 20171,65224,08049.292.98$153,274
Sep 20171,40625,91147.523.09$146,808
Aug 20171,45025,44545.373.00$142,233
Jul 20171,49825,64343.873.09$144,884
Jun 20171,35924,20242.493.09$132,462
May 20171,64528,81645.373.26$168,672
Apr 20171,52626,99447.933.21$159,835
Mar 20171,74229,64246.772.98$169,916
Feb 20171,56625,93350.452.95$155,574
Jan 20172,22628,67749.413.42$208,028
Dec 20161,98832,13848.763.72$216,579
Nov 20161,95631,67742.492.64$166,876
Oct 20162,10534,29946.193.09$203,223
Sep 20162,17533,36341.553.10$193,818
Aug 20162,51734,41541.442.92$204,946
Jul 20162,31533,48441.622.92$194,269
Jun 20162,36932,57545.352.69$194,925
May 20162,46632,23442.521.99$169,034
Apr 20162,77533,85936.561.99$168,869
Mar 20162,44437,00133.011.79$147,057
Feb 20163,63429,85626.472.06$157,804
Jan 20164,43829,67027.352.36$191,530
Dec 20153,60726,85432.362.00$170,468
Nov 20154,44232,66938.792.17$243,110
Oct 20155,04933,38543.552.43$300,895
Sep 20154,50932,17842.992.76$282,602
Aug 20155,17535,97840.162.87$311,174
Jul 20155,25835,96048.152.95$359,078
Jun 20155,89837,18756.152.88$438,378
May 20155,68238,66155.212.96$427,964
Apr 20155,56835,31849.822.71$372,988
Mar 20157,50347,22442.892.93$460,392
Feb 20157,20351,59344.662.98$475,237
Jan 20159,59447,29243.433.10$563,302
Dec 201410,32770,54854.693.59$818,147
Nov 201412,02166,04770.464.25$1,127,821
Oct 20147,85396,34978.303.90$990,744
Sep 20147,78762,47886.164.05$923,679
Aug 201416,003187,84389.394.04$2,188,477
Jul 201411,475105,52796.564.18$1,549,087
Jun 201417,491150,57198.164.74$2,430,153
May 201428,919149,85794.734.73$3,447,805
Apr 201429,91184,32295.944.81$3,275,176
Mar 20141,34476995.895.06$132,765

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            89 bbl  × $106.41 =     $9,470
Gas               10,987 Mcf  × $  3.05 =    $33,465

────────────────────────────────────────────────────
Month total                                  $42,935

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/277241 is the state's own key, not one this site invented.