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COVINGTON 46

Operated by WPX ENERGY PERMIAN, LLC (P-5 942623) 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 278512District 08Field 80544500Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.3 M
Apr 2014 – Jul 2025
Value, last 12 filed months
$0
at the published price for each month
Months reported
136
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 Gas112017-01-27218099
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
CondensateDisposition36,925 bbl$2,105,663
GasProduction1,236,547 Mcf$4,148,506
Total$6,254,169

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 31.8843, -103.9491. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.88427, -103.94911 · 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
6,999 ft
1 wells filed one
Completion to plug
8 months
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 6,999 ft.

Completions filed
Dec 2024
1 of 1 wells
Plug dates filed
Aug 2025
1 of 1 wells

Last completion to plug: a median of 8 months across the 1 well that filed both dates, with the middle half between 8 months and 8 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-389340041H6,999 ftDec 2024Aug 2025Yes

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

Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
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 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200437.091.99$8
Aug 202002139.982.39$50
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 201903053.472.42$73
Sep 201903855.052.66$101
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190452.782.49$10
May 20190658.482.74$16
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 201842820759.543.11$26,126
Aug 2018889759.403.07$5,525
Jul 2018618565.142.93$4,223
Jun 20187710360.183.08$4,951
May 201814640765.382.90$10,726
Apr 20182491,92163.842.90$21,469
Mar 2018185261.222.79$11,331
Feb 201839011961.782.77$24,423
Jan 201845714,69662.874.01$87,653
Dec 201745515,52257.272.92$71,406
Nov 201740715,73755.423.12$71,630
Oct 2017376,20049.292.98$20,323
Sep 20171882147.523.09$8,999
Aug 201737216,52445.373.00$66,522
Jul 201756816,36243.873.09$75,432
Jun 201774822,38942.493.09$100,904
May 201754423,69645.373.26$102,011
Apr 201763222,20047.933.21$101,589
Mar 201788323,95146.772.98$112,760
Feb 201772921,66050.452.95$100,731
Jan 201751516,91949.413.42$83,289
Dec 201646823,47748.763.72$110,221
Nov 201687123,66142.492.64$99,577
Oct 201680826,48646.193.09$119,170
Sep 201688125,34841.553.10$115,200
Aug 201659526,52541.442.92$102,225
Jul 201694125,77541.622.92$114,539
Jun 201681225,43245.352.69$105,130
May 201698123,73242.521.99$88,963
Apr 201642421,23136.561.99$57,773
Mar 201643910,85533.011.79$33,965
Feb 20166055,26126.472.06$26,871
Jan 20167699,51727.352.36$43,534
Dec 201555811,27732.362.00$40,627
Nov 201592822,68638.792.17$85,165
Oct 201596031,45843.552.43$118,143
Sep 201576323,34242.992.76$97,188
Aug 20151,30331,03540.162.87$141,476
Jul 201555822,08948.152.95$91,922
Jun 201594033,15356.152.88$148,356
May 20151,13543,25755.212.96$190,507
Apr 201557025,74349.822.71$98,073
Mar 201591422,20742.892.93$104,373
Feb 20151,03020,76544.662.98$107,800
Jan 201554945,81843.433.10$165,908
Dec 201475041,04054.693.59$188,407
Nov 201474537,05270.464.25$210,032
Oct 201472727,89478.303.90$165,737
Sep 201494447,84686.164.05$274,893
Aug 20141,30865,19989.394.04$380,008
Jul 20141,69793,28196.564.18$553,740
Jun 20142,71784,01298.164.74$664,655
May 201489029,63394.734.73$224,372
Apr 201418611,53995.944.81$73,337

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 2020 — as filed, then multipliedworked
Condensate             0 bbl  × $ 37.09 =         $0
Gas                    4 Mcf  × $  1.99 =         $8

────────────────────────────────────────────────────
Month total                                       $8

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/278512 is the state's own key, not one this site invented.