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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 277257District 08Field 80544500Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$29.1 M
Jul 2014 – May 2026
Value, last 12 filed months
$1.0 M
at the published price for each month
Months reported
143
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 Gas112016-01-11217725
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
CondensateDisposition303,824 bbl$19,331,123
GasProduction2,961,761 Mcf$9,801,105
Total$29,132,229

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 31.9856, -104.1670. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.98557, -104.16700 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
7,699 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 7,699 ft.

Completions filed
Jul 2014
1 of 1 wells

1 well

42-10932645405H7,699 ftJul 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 (143)

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

143 months

May 20261,02812,440106.413.05$147,280
Apr 202687012,00498.932.87$120,517
Mar 202625311,91689.753.15$60,235
Feb 20265210,88563.503.75$44,124
Jan 20269716,52759.138.00$137,917
Dec 20254068,78956.664.41$61,793
Nov 20254159,47858.593.93$61,530
Oct 202524214,81359.383.30$63,325
Sep 20251226,56062.743.08$27,839
Aug 2025482063.933.01$30,814
Jul 20251,36912,17866.743.32$131,740
Jun 20251,27515,81666.483.13$134,246
May 20251,02011,17960.553.23$97,895
Apr 20256958,94062.363.54$75,016
Mar 202555513,14867.704.27$93,693
Feb 2025115,68470.884.34$68,153
Jan 202504074.324.28$171
Dec 2024213,18868.993.12$11,400
Nov 20242011,53869.052.20$26,747
Oct 202410313,72471.372.28$38,661
Sep 202453214,40869.612.36$71,098
Aug 202439914,30875.632.06$59,703
Jul 2024773,91179.932.15$14,550
Jun 2024822,47278.082.63$12,914
May 2024270078.812.20$21,279
Apr 20244888,44284.451.66$55,219
Mar 202430512,09980.301.55$43,186
Feb 202429311,61576.091.78$43,011
Jan 202442814,06373.023.30$77,628
Dec 202339013,73071.262.61$63,637
Nov 202337113,35577.892.81$66,392
Oct 202340114,20985.443.09$78,129
Sep 202345914,52889.042.74$80,604
Aug 202336814,36080.522.67$68,014
Jul 202353314,24974.852.64$77,538
Jun 20231,00911,52468.962.26$95,607
May 20231,09313,60970.622.23$107,500
Apr 202341910,71378.122.24$56,705
Mar 20232477,29372.852.39$35,447
Feb 20233996,46175.112.47$45,900
Jan 20235446,15376.533.39$62,477
Dec 20229948,11176.415.73$122,420
Nov 20226778,50385.005.65$105,555
Oct 20224997,92287.185.86$89,956
Sep 20226648,04284.888.16$122,013
Aug 20228209,10194.529.13$160,573
Jul 20221,3669,134101.587.54$207,648
Jun 202245818,224115.097.98$198,088
May 20221370109.378.43$14,984
Apr 20226848,772104.226.84$131,266
Mar 20227048,187108.885.08$118,212
Feb 20227185,78191.054.86$93,463
Jan 20229407,92581.844.54$112,891
Dec 202178912,07571.323.90$103,353
Nov 20218969,43977.435.24$118,808
Oct 20217689,21379.795.71$113,921
Sep 20216618,95869.865.35$94,111
Aug 20217078,33766.024.22$81,863
Jul 202173314,14370.783.98$108,200
Jun 202167913,41569.493.38$92,535
May 20211,35515,12963.483.02$131,670
Apr 20211,11614,52060.362.76$107,414
Mar 202162313,67861.302.72$75,352
Feb 20216046,82657.805.55$72,782
Jan 202197513,62450.412.81$87,437
Dec 202083512,07044.642.68$69,567
Nov 202093913,49638.772.71$72,933
Oct 202087913,81036.972.48$66,724
Sep 20201,15713,61837.091.99$70,027
Aug 20201,14615,27739.982.39$82,254
Jul 202091014,56138.371.83$61,492
Jun 20201,16413,81334.901.69$63,972
May 202092412,48616.921.81$38,293
Apr 202080114,23014.751.80$37,491
Mar 202079012,65830.341.86$47,465
Feb 202072312,53249.881.98$60,885
Jan 202084213,41257.252.09$76,299
Dec 20191,30917,43759.012.30$117,425
Nov 201996814,36355.302.75$93,039
Oct 201989014,75453.472.42$83,271
Sep 201979011,48455.052.66$74,006
Aug 20191,02113,64553.112.30$85,668
Jul 201995113,39356.272.46$86,460
Jun 201989812,13452.782.49$77,625
May 20198435,79158.482.74$65,168
Apr 20198489,53462.632.75$79,335
Mar 201981311,46656.803.06$81,288
Feb 201990013,69950.852.79$84,016
Jan 20191,11014,63146.033.23$98,325
Dec 201897215,02646.594.19$108,176
Nov 20181,19716,19552.934.24$131,979
Oct 20181,42724,62061.443.40$171,336
Sep 20181,21517,35159.543.11$126,268
Aug 20186518,00159.403.07$63,205
Jul 20181,30218,26565.142.93$138,363
Jun 20181,24918,88960.183.08$133,285
May 20181,61616,32765.382.90$153,015
Apr 20181,35118,95163.842.90$141,221
Mar 20181,65818,16661.222.79$152,129
Feb 20181,44215,11761.782.77$130,902
Jan 20181,65919,05262.874.01$180,687
Dec 20171,71820,78557.272.92$159,114
Nov 20171,35316,67655.423.12$126,985
Oct 20171,71620,78649.292.98$146,600
Sep 20171,73922,82447.523.09$153,101
Aug 20171,81020,96445.373.00$145,104
Jul 20171,49118,84943.873.09$123,602
Jun 20171,56119,64242.493.09$126,967
May 20172,06121,44045.373.26$163,475
Apr 20171,80420,12147.933.21$151,086
Mar 20171,87923,22646.772.98$157,180
Feb 20171,84020,44850.452.95$153,203
Jan 20172,23623,50249.413.42$190,829
Dec 20162,38925,86048.763.72$212,760
Nov 20162,30925,71042.492.64$166,096
Oct 20162,12926,21346.193.09$179,344
Sep 20162,30727,11541.553.10$179,929
Aug 20162,72629,31941.442.92$198,704
Jul 20162,55227,10041.622.92$185,464
Jun 20162,43626,22845.352.69$180,917
May 20162,73926,67542.521.99$169,573
Apr 20162,33128,22536.561.99$141,418
Mar 20162,48732,69533.011.79$140,751
Feb 20162,81534,18026.472.06$145,048
Jan 20162,57527,99627.352.36$136,619
Dec 20153,03825,58632.362.00$149,518
Nov 20154,04929,33938.792.17$220,648
Oct 20153,97930,76143.552.43$247,929
Sep 20154,19832,25142.992.76$269,434
Aug 20154,91733,24440.162.87$292,960
Jul 20155,26938,08748.152.95$365,872
Jun 20156,66534,79056.152.88$474,534
May 20155,59333,69755.212.96$408,379
Apr 20155,07243,57149.822.71$370,615
Mar 20157,67941,24142.892.93$450,383
Feb 20157,86938,43344.662.98$465,813
Jan 20158,91848,35343.433.10$537,234
Dec 20149,18686,57354.693.59$813,297
Nov 201411,875105,72470.464.25$1,286,234
Oct 201417,464152,21878.303.90$1,961,228
Sep 201415,011146,24286.164.05$1,884,961
Aug 201432,885209,35389.394.04$3,784,355
Jul 201424,26456,05796.564.18$2,577,228

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         1,028 bbl  × $106.41 =   $109,389
Gas               12,440 Mcf  × $  3.05 =    $37,890

────────────────────────────────────────────────────
Month total                                 $147,280

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/277257 is the state's own key, not one this site invented.