HORN SPLITTER STATE 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 278178District 08Field 80544500Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$15.1 M
Feb 2015 – May 2026
Value, last 12 filed months
$254 k
at the published price for each month
Months reported
136
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 Gas112018-09-28220480
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
CondensateDisposition193,932 bbl$10,114,988
GasProduction1,660,632 Mcf$5,024,045
Total$15,139,033

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 31.9708, -104.1453. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.97083, -104.14529 · 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
7,674 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 7,674 ft.

Completions filed
Mar 2015
1 of 1 wells

1 well

42-109327351001H7,674 ftMar 2015

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 (136)

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

136 months

May 202600106.413.05$0
Apr 2026090098.932.87$2,583
Mar 202601,74589.753.15$5,496
Feb 202601,60663.503.75$6,023
Jan 20260059.138.00$0
Dec 20254522,99856.664.41$38,842
Nov 20259114,61958.593.93$71,512
Oct 20254484,19859.383.30$40,476
Sep 20254653,23562.743.08$39,128
Aug 202501,71063.933.01$5,155
Jul 20250466.743.32$13
Jun 20254873,94266.483.13$44,709
May 20251,3397,76260.553.23$106,166
Apr 20259538,22962.363.54$88,585
Mar 20259498,12067.704.27$98,906
Feb 202503,20970.884.34$13,930
Jan 20259633,49774.324.28$86,533
Dec 20244437,31968.993.12$53,408
Nov 202490614,58069.052.20$94,613
Oct 20248949,17171.372.28$84,728
Sep 20249583,59769.612.36$75,191
Aug 202402,70775.632.06$5,586
Jul 20241,37511,71079.932.15$135,040
Jun 20249018,30178.082.63$92,215
May 2024467078.812.20$36,804
Apr 20249577,96784.451.66$94,038
Mar 20249657,65480.301.55$89,316
Feb 20241,4428,73376.091.78$125,298
Jan 20241,4648,62773.023.30$135,350
Dec 20239692,90571.262.61$76,635
Nov 202302,37277.892.81$6,660
Oct 20232,07310,54185.443.09$209,660
Sep 20236688,47389.042.74$82,653
Aug 20239254,49880.522.67$86,504
Jul 20239336,65874.852.64$87,424
Jun 202393210,45068.962.26$87,872
May 20231,4109,27770.622.23$120,238
Apr 20239568,06478.122.24$92,728
Mar 20231,4309,31272.852.39$126,461
Feb 20239576,34275.112.47$87,518
Jan 20234714,23376.533.39$50,386
Dec 202206,24476.415.73$35,772
Nov 202207,43185.005.65$41,957
Oct 202202,39987.185.86$14,067
Sep 2022018784.888.16$1,527
Aug 20229001,79594.529.13$101,451
Jul 202207,831101.587.54$59,062
Jun 20224536,048115.097.98$100,382
May 20224378,446109.378.43$119,020
Apr 202288213,531104.226.84$184,442
Mar 202209,766108.885.08$49,576
Feb 202201,75791.054.86$8,537
Jan 20224369,17781.844.54$77,325
Dec 202188412,31671.323.90$111,068
Nov 202188612,13877.435.24$132,168
Oct 202147313,32479.795.71$113,872
Sep 202187313,27269.865.35$132,005
Aug 202186612,57066.024.22$110,226
Jul 2021010,83170.783.98$43,130
Jun 202144410,64169.493.38$66,827
May 202190011,68363.483.02$92,387
Apr 202145912,48860.362.76$62,152
Mar 202187112,81861.302.72$88,218
Feb 202107,58757.805.55$42,092
Jan 202184011,70750.412.81$75,244
Dec 202089612,59544.642.68$73,695
Nov 20204449,91638.772.71$44,052
Oct 20204707,91936.972.48$37,003
Sep 20209228,31537.091.99$50,752
Aug 20209178,80239.982.39$57,655
Jul 20204618,97938.371.83$34,076
Jun 20201,3389,05134.901.69$61,995
May 20204568,70416.921.81$23,511
Apr 20209029,06014.751.80$29,652
Mar 20209047,99930.341.86$42,275
Feb 20204687,56349.881.98$38,324
Jan 20208789,42157.252.09$70,000
Dec 20197918,04259.012.30$65,209
Nov 20199208,86655.302.75$75,264
Oct 20198958,22053.472.42$67,736
Sep 20198228,44255.052.66$67,684
Aug 20198419,81153.112.30$67,274
Jul 20197979,33256.272.46$67,804
Jun 20191,1849,59052.782.49$86,382
May 20199299,48658.482.74$80,323
Apr 20193749,32862.632.75$49,082
Mar 20191,3829,21656.803.06$106,718
Feb 20199117,56550.852.79$67,447
Jan 20194327,67946.033.23$44,674
Dec 20188537,48246.594.19$71,057
Nov 201846610,75752.934.24$70,245
Oct 20181,42411,54461.443.40$126,718
Sep 201885410,94759.543.11$84,870
Aug 201892511,33659.403.07$89,708
Jul 20188399,96265.142.93$83,860
Jun 20181,39212,26060.183.08$121,494
May 201887612,90765.382.90$94,714
Apr 201888312,19163.842.90$91,734
Mar 20181,77613,02861.222.79$145,034
Feb 20181,77911,98661.782.77$143,061
Jan 20181,36113,11362.874.01$138,140
Dec 201745814,44257.272.92$68,422
Nov 20171,29413,82255.423.12$114,815
Oct 20171,75214,70149.292.98$130,219
Sep 20171,61113,78147.523.09$119,101
Aug 20171,98726,84845.373.00$170,812
Jul 20171,81028,28943.873.09$166,741
Jun 20171,32721,25242.493.09$121,995
May 20174529,77445.373.26$52,404
Apr 20171,72821,36447.933.21$151,436
Mar 20171,72627,10746.772.98$161,604
Feb 20171,75923,44150.452.95$157,953
Jan 20171,78523,64149.413.42$169,021
Dec 20161,9667,49148.763.72$123,750
Nov 20161,1417,85842.492.64$69,260
Oct 20162,0878,34046.193.09$122,171
Sep 20161,9587,93341.553.10$105,952
Aug 20162,14212,91041.442.92$126,518
Jul 20162,21015,38241.622.92$136,962
Jun 20162,22516,39845.352.69$144,946
May 20162,63819,24642.521.99$150,487
Apr 20162,49119,13436.561.99$129,168
Mar 20163,14820,63633.011.79$140,937
Feb 20163,06122,53926.472.06$127,537
Jan 20163,55637,49427.352.36$185,906
Dec 20153,55224,33232.362.00$163,641
Nov 20154,16430,39138.792.17$227,389
Oct 20154,16928,17743.552.43$249,934
Sep 20155,53321,29442.992.76$296,601
Aug 20157,16948140.162.87$289,289
Jul 20153,12016,53748.152.95$198,931
Jun 20151,99972,63156.152.88$321,629
May 201514,981120,87555.212.96$1,184,341
Apr 201518,94579,52849.822.71$1,159,088
Mar 201511,15835,77742.892.93$583,562
Feb 2015112044.662.98$402

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.

Apr 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 98.93 =         $0
Gas                  900 Mcf  × $  2.87 =     $2,583

────────────────────────────────────────────────────
Month total                                   $2,583

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/278178 is the state's own key, not one this site invented.