COVINGTON STATE 1

Operated by MOONTOWER RESOURCES OP, LLC (P-5 578467) in the FORD, WEST (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 278439District 08Field 31913800Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$8.4 M
Apr 2015 – Jan 2025
Value, last 12 filed months
$0
at the published price for each month
Months reported
118
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 1,466 leases and 1,484 wells, and the rule below applies to all of them.

Discovered
2010-11-05
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 80 acres. The field rule took effect on 2018-06-05.

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: DOCKET SAYS PRO PLAT NOT REQUIRED NOT LEASE PLAT NOT REQ

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
CondensateDisposition7,755 bbl$386,799
GasProduction2,561,567 Mcf$8,037,693
Total$8,424,492

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 31.7458, -104.3076. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.74578, -104.30765 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
8,192 ft
1 wells filed one
Completion to plug
9.3 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 8,192 ft.

Completions filed
Apr 2015
1 of 1 wells
Plug dates filed
Jul 2024
1 of 1 wells

Last completion to plug: a median of 9.3 years across the 1 well that filed both dates, with the middle half between 9.3 years and 9.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-109325851H8,192 ftApr 2015Jul 2024Yes

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 (118)

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

118 months

Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 2023012,79289.042.74$34,987
Aug 202322945580.522.67$19,655
Jul 20230074.852.64$0
Jun 2023011,37668.962.26$25,692
May 202308,38770.622.23$18,681
Apr 2023013,35778.122.24$29,890
Mar 2023014,12072.852.39$33,791
Feb 2023010,47075.112.47$25,816
Jan 2023015,37676.533.39$52,090
Dec 2022011,88776.415.73$68,102
Nov 2022013,32285.005.65$75,219
Oct 2022015,43987.185.86$90,531
Sep 2022010,54184.888.16$86,053
Aug 202217713,63794.529.13$141,197
Jul 2022012,654101.587.54$95,437
Jun 2022014,221115.097.98$113,444
May 2022014,942109.378.43$126,006
Apr 2022016,485104.226.84$112,718
Mar 2022011,406108.885.08$57,901
Feb 2022013,84491.054.86$67,266
Jan 2022015,77281.844.54$71,568
Dec 2021015,55471.323.90$60,647
Nov 202137814,70677.435.24$106,282
Oct 2021013,41179.795.71$76,629
Sep 2021013,05569.865.35$69,856
Aug 2021021,12866.024.22$89,173
Jul 2021011,23870.783.98$44,751
Jun 2021021,08669.493.38$71,284
May 2021022,72363.483.02$68,571
Apr 2021023,08660.362.76$63,681
Mar 2021026,29661.302.72$71,445
Feb 202109,51757.805.55$52,800
Jan 2021016,06550.412.81$45,147
Dec 2020023,70444.642.68$63,419
Nov 2020022,21838.772.71$60,135
Oct 2020023,32736.972.48$57,814
Sep 2020024,81037.091.99$49,398
Aug 20202541,02839.982.39$12,607
Jul 2020019,59338.371.83$35,760
Jun 2020021,56034.901.69$36,443
May 2020017,62216.921.81$31,980
Apr 2020028,17314.751.80$50,835
Mar 2020024,55130.341.86$45,572
Feb 2020028,98149.881.98$57,402
Jan 2020031,73557.252.09$66,477
Dec 2019036,29859.012.30$83,644
Nov 2019019,44155.302.75$53,476
Oct 2019017,66553.472.42$42,724
Sep 2019022,88155.052.66$60,801
Aug 2019024,49853.112.30$56,452
Jul 2019026,24756.272.46$64,569
Jun 2019026,09052.782.49$64,995
May 2019028,02958.482.74$76,808
Apr 2019030,69562.632.75$84,433
Mar 201919032,29356.803.06$109,676
Feb 2019027,92450.852.79$77,970
Jan 2019029,23646.033.23$94,379
Dec 2018032,51346.594.19$136,081
Nov 2018031,18452.934.24$132,134
Oct 2018028,46061.443.40$96,709
Sep 2018021,55859.543.11$67,002
Aug 2018036,49559.403.07$111,914
Jul 201801,96665.142.93$5,764
Jun 2018013,65260.183.08$42,006
May 2018016,70365.382.90$48,452
Apr 2018011,78363.842.90$34,180
Mar 201803,67861.222.79$10,250
Feb 201807,55161.782.77$20,887
Jan 20183819,59662.874.01$62,427
Dec 2017011,39457.272.92$33,288
Nov 201708,57355.423.12$26,734
Oct 2017011,35049.292.98$33,865
Sep 201706,70147.523.09$20,688
Aug 2017045,19245.373.00$135,775
Jul 2017048,70143.873.09$150,354
Jun 201718241,40242.493.09$135,553
May 2017036,55545.373.26$119,294
Apr 201736839,14947.933.21$143,369
Mar 2017060,87046.772.98$181,617
Feb 2017044,53350.452.95$131,488
Jan 201719053,10149.413.42$190,930
Dec 201618758,51848.763.72$226,971
Nov 201637661,94842.492.64$179,788
Oct 201620570,09546.193.09$226,081
Sep 201619562,77841.553.10$202,754
Aug 201618765,91041.442.92$200,493
Jul 201636370,07341.622.92$220,025
Jun 201657368,63545.352.69$210,327
May 201635965,31242.521.99$145,303
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 201516,71332.362.00$13,468
Nov 201535539,85138.792.17$100,141
Oct 201534341,25843.552.43$115,053
Sep 201534247,16242.992.76$144,795
Aug 201569477,59440.162.87$250,759
Jul 201534357,52548.152.95$185,931
Jun 20153457,76156.152.88$41,746
May 201535746,06155.212.96$155,841
Apr 201518144,76649.822.71$130,180

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.

Sep 2023 — as filed, then multipliedworked
Condensate             0 bbl  × $ 89.04 =         $0
Gas               12,792 Mcf  × $  2.74 =    $34,987

────────────────────────────────────────────────────
Month total                                  $34,987

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/278439 is the state's own key, not one this site invented.