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 277272District 08Field 80544500Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$28.1 M
Jul 2014 – May 2026
Value, last 12 filed months
$792 k
at the published price for each month
Months reported
143
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 Gas112016-03-23217727
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
CondensateDisposition268,160 bbl$16,769,567
GasProduction3,539,765 Mcf$11,368,153
Total$28,137,720

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, -104.2112. 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
7,440 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 7,440 ft.

Completions filed
Aug 2014
1 of 1 wells

1 well

42-10932663604H7,440 ftAug 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 2026497,342106.413.05$27,577
Apr 20261798,61898.932.87$42,440
Mar 202610913,75789.753.15$53,110
Feb 202681315,62363.503.75$110,217
Jan 202669713,61859.138.00$150,129
Dec 202531211,30456.664.41$67,567
Nov 202527013,30858.593.93$68,072
Oct 202529913,06359.383.30$60,926
Sep 202521913,85462.743.08$56,368
Aug 202524114,44463.933.01$58,952
Jul 202525812,66666.743.32$59,209
Jun 20252047,69066.483.13$37,622
May 20252615,94060.553.23$35,004
Apr 20252696,19562.363.54$38,724
Mar 20252846,47667.704.27$46,868
Feb 20251896,63770.884.34$42,206
Jan 20251618,34274.324.28$47,658
Dec 2024706,09768.993.12$23,860
Nov 20241987,59469.052.20$30,367
Oct 20242319,58471.372.28$38,351
Sep 20241996,95169.612.36$30,287
Aug 20242828,10475.632.06$38,051
Jul 20241278,93679.932.15$29,333
Jun 20241618,52178.082.63$35,015
May 2024212078.812.20$16,708
Apr 202424110,14484.451.66$37,183
Mar 2024966,98580.301.55$18,502
Feb 20241959,24776.091.78$31,331
Jan 20242507,29673.023.30$42,315
Dec 20233416,60371.262.61$41,538
Nov 20232116,03477.892.81$33,376
Oct 20232417,87985.443.09$44,916
Sep 2023632,74489.042.74$13,114
Aug 20231736,96780.522.67$32,552
Jul 20232156,27874.852.64$32,678
Jun 20232315,08868.962.26$27,421
May 20232995,65770.622.23$33,716
Apr 20233697,37778.122.24$45,334
Mar 202332510,13672.852.39$47,933
Feb 20231997,05075.112.47$32,330
Jan 20231869,07676.533.39$44,982
Dec 20224077,88376.415.73$76,261
Nov 202217612,55085.005.65$85,820
Oct 202220113,96087.185.86$99,381
Sep 202223611,14284.888.16$110,991
Aug 202233912,35994.529.13$144,845
Jul 202229414,936101.587.54$142,513
Jun 202230913,794115.097.98$145,600
May 202243313,399109.378.43$160,352
Apr 202249411,809104.226.84$132,230
Mar 20223739,962108.885.08$91,183
Feb 202250911,13891.054.86$100,462
Jan 202264611,44381.844.54$104,793
Dec 202161416,19871.323.90$106,948
Nov 202141112,05477.435.24$94,949
Oct 20214339,31379.795.71$87,762
Sep 20214698,46469.865.35$78,055
Aug 20215408,90966.024.22$73,252
Jul 202130311,67370.783.98$67,929
Jun 202141412,09069.493.38$69,641
May 202144914,81063.483.02$73,194
Apr 202179613,28660.362.76$84,695
Mar 202184515,93961.302.72$95,104
Feb 20215709,76757.805.55$87,133
Jan 202192211,92050.412.81$79,976
Dec 202070311,70244.642.68$62,690
Nov 202050512,27938.772.71$52,813
Oct 202064313,74636.972.48$57,840
Sep 202051011,74237.091.99$42,295
Aug 202074516,21639.982.39$68,462
Jul 202074517,20938.371.83$59,994
Jun 202071118,32434.901.69$55,787
May 202070717,79416.921.81$44,254
Apr 202073914,07914.751.80$36,304
Mar 202090714,89530.341.86$55,167
Feb 202055514,58849.881.98$56,577
Jan 20201,04215,05757.252.09$91,195
Dec 201961514,17759.012.30$68,960
Nov 201990513,31055.302.75$86,658
Oct 201979418,10353.472.42$86,238
Sep 201983415,67555.052.66$87,565
Aug 20191,01316,34253.112.30$91,458
Jul 201982818,67956.272.46$92,543
Jun 201982815,73552.782.49$82,901
May 201989116,20058.482.74$96,499
Apr 20191,23720,07062.632.75$132,680
Mar 20191,39922,69856.803.06$148,967
Feb 20191,45419,16850.852.79$127,457
Jan 20191,57818,59946.033.23$132,676
Dec 20181,71921,02046.594.19$168,066
Nov 20181,97322,97952.934.24$201,798
Oct 20182,43723,82661.443.40$230,692
Sep 20182,83331,72359.543.11$267,272
Aug 20183,32833,00159.403.07$298,883
Jul 2018102065.142.93$6,644
Jun 201867716,17960.183.08$90,523
May 20181,29525,83265.382.90$159,601
Apr 20181,26428,20263.842.90$162,502
Mar 20181,66035,52761.222.79$200,633
Feb 20181,66934,96961.782.77$199,839
Jan 20181,77333,84462.874.01$247,160
Dec 20171,52329,86757.272.92$174,479
Nov 20171,61129,77055.423.12$182,115
Oct 20171,65433,19749.292.98$180,575
Sep 20171,48231,15347.523.09$166,603
Aug 20171,56032,08245.373.00$167,164
Jul 20171,58234,20043.873.09$174,987
Jun 20171,52833,63742.493.09$168,772
May 20171,79635,10745.373.26$196,053
Apr 20171,84135,82447.933.21$203,291
Mar 20172,22835,48546.772.98$210,079
Feb 20171,90832,10350.452.95$191,046
Jan 20172,40834,30849.413.42$236,271
Dec 20162,05134,91148.763.72$229,974
Nov 20162,12335,20242.492.64$183,293
Oct 20162,31837,89446.193.09$224,171
Sep 20162,30936,87541.553.10$210,275
Aug 20162,71641,59441.442.92$234,186
Jul 20162,67838,63441.622.92$224,437
Jun 20162,63336,32245.352.69$216,961
May 20162,88539,97342.521.99$202,258
Apr 20162,44635,90736.561.99$160,918
Mar 20163,31443,52533.011.79$187,479
Feb 20162,43737,52926.472.06$141,953
Jan 20162,46452,98427.352.36$192,664
Dec 20152,24647,80332.362.00$168,354
Nov 20153,10158,23038.792.17$246,491
Oct 20153,56658,79443.552.43$297,968
Sep 20153,13057,83542.992.76$294,092
Aug 20153,58864,72440.162.87$330,013
Jul 20153,63864,38548.152.95$364,789
Jun 20154,12367,15256.152.88$425,096
May 20153,93169,44355.212.96$422,266
Apr 20153,79063,26549.822.71$360,049
Mar 20154,97783,90742.892.93$459,706
Feb 20155,16690,25444.662.98$499,327
Jan 20156,68082,93743.433.10$547,269
Dec 20149,303103,40554.693.59$880,146
Nov 20149,532114,64570.464.25$1,159,077
Oct 201426,567140,44578.303.90$2,628,066
Sep 201423,589105,24586.164.05$2,458,191
Aug 201436,06866,03089.394.04$3,490,557
Jul 20149401,67196.564.18$97,751

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            49 bbl  × $106.41 =     $5,214
Gas                7,342 Mcf  × $  3.05 =    $22,363

────────────────────────────────────────────────────
Month total                                  $27,577

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/277272 is the state's own key, not one this site invented.