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 278551District 08Field 80544500Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$31.2 M
Mar 2015 – May 2026
Value, last 12 filed months
$32 k
at the published price for each month
Months reported
135
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 Gas112018-09-28220478
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
CondensateDisposition312,573 bbl$15,221,873
GasProduction5,366,971 Mcf$16,025,858
Total$31,247,731

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 31.9720, -104.1546. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.97205, -104.15459 · 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
7,540 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 7,540 ft.

Completions filed
Mar 2015
1 of 1 wells

1 well

42-109327371003H7,540 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 (135)

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

135 months

May 20260195106.413.05$594
Apr 2026067398.932.87$1,931
Mar 202601,07489.753.15$3,383
Feb 202603563.503.75$131
Jan 202606059.138.00$480
Dec 2025093056.664.41$4,104
Nov 2025090058.593.93$3,534
Oct 2025093059.383.30$3,074
Sep 202501,03662.743.08$3,188
Aug 202501,15663.933.01$3,485
Jul 202501,14366.743.32$3,789
Jun 202501,42466.483.13$4,455
May 202501,07460.553.23$3,472
Apr 2025093662.363.54$3,316
Mar 202501,36667.704.27$5,831
Feb 2025095270.884.34$4,132
Jan 202501,01874.324.28$4,356
Dec 2024098268.993.12$3,065
Nov 2024093269.052.20$2,049
Oct 202401,28871.372.28$2,938
Sep 20244132,52769.612.36$34,724
Aug 202402,08875.632.06$4,309
Jul 202408,17479.932.15$17,546
Jun 202404,44978.082.63$11,719
May 20240078.812.20$0
Apr 20244564,50684.451.66$45,986
Mar 202407,21780.301.55$11,151
Feb 202407,30076.091.78$13,021
Jan 202442216,06473.023.30$83,788
Dec 20230071.262.61$0
Nov 202345910,14577.892.81$64,234
Oct 202341014,44185.443.09$79,614
Sep 202345914,39889.042.74$80,248
Aug 202341614,38480.522.67$71,943
Jul 202346216,55374.852.64$78,310
Jun 202341316,68968.962.26$66,172
May 202390718,77170.622.23$105,863
Apr 202347218,81278.122.24$78,969
Mar 202339618,35872.852.39$72,782
Feb 202344715,79675.112.47$72,522
Jan 202347718,90376.533.39$100,543
Dec 202287614,73776.415.73$151,365
Nov 2022019,40685.005.65$109,570
Oct 202243419,69387.185.86$153,311
Sep 202246517,25984.888.16$180,366
Aug 202289924,17594.529.13$305,623
Jul 20221,26523,636101.587.54$306,763
Jun 202243024,147115.097.98$242,114
May 202243326,238109.378.43$268,623
Apr 202244426,992104.226.84$230,834
Mar 202243021,200108.885.08$154,438
Feb 202245019,02391.054.86$133,402
Jan 202282027,59281.844.54$192,312
Dec 202182727,46371.323.90$166,063
Nov 202139528,31677.435.24$178,871
Oct 20211,31431,54479.795.71$285,082
Sep 20211,26729,30369.865.35$245,311
Aug 202186832,73066.024.22$195,445
Jul 202146528,23070.783.98$145,327
Jun 20211,35826,74069.493.38$184,765
May 2021024,93763.483.02$75,252
Apr 20211,21030,18260.362.76$156,290
Mar 202181932,16061.302.72$137,581
Feb 202141918,33457.805.55$125,934
Jan 202143530,32450.412.81$107,147
Dec 202084031,36144.642.68$121,403
Nov 20201,27231,84338.772.71$135,501
Oct 202045833,74936.972.48$100,577
Sep 20201,39235,32237.091.99$121,957
Aug 202088436,18839.982.39$121,654
Jul 202086835,90038.371.83$98,827
Jun 20201,29635,43234.901.69$105,121
May 202085436,90616.921.81$81,425
Apr 202090436,46414.751.80$79,129
Mar 202086937,29930.341.86$95,601
Feb 20201,29636,82249.881.98$137,577
Jan 20201,30740,89757.252.09$160,494
Dec 20191,14941,55159.012.30$163,551
Nov 20191,30238,08555.302.75$176,761
Oct 20191,04641,94453.472.42$157,373
Sep 20191,34041,11355.052.66$183,016
Aug 20191,35643,56053.112.30$172,395
Jul 201981337,19156.272.46$137,240
Jun 20191,30842,60952.782.49$175,184
May 20191,68843,57958.482.74$218,135
Apr 201987843,18062.632.75$173,764
Mar 20191,38246,98656.803.06$222,373
Feb 20191,34238,30350.852.79$175,191
Jan 20191,37844,52346.033.23$207,158
Dec 20182,20347,10446.594.19$299,789
Nov 20181,41146,89952.934.24$273,407
Oct 20181,77450,23661.443.40$279,701
Sep 20181,78047,84759.543.11$254,690
Aug 20181,34748,84859.403.07$229,807
Jul 20181,37352,21965.142.93$242,537
Jun 20181,77349,08060.183.08$257,714
May 20182,26353,02165.382.90$301,758
Apr 20181,69648,46763.842.90$248,866
Mar 20181,79651,87861.222.79$254,527
Feb 20182,30647,94861.782.77$275,095
Jan 20181,33053,09662.874.01$296,496
Dec 20171,75453,85057.272.92$257,775
Nov 20172,27753,26455.423.12$292,288
Oct 20171,78556,03149.292.98$255,161
Sep 20172,30357,99647.523.09$288,488
Aug 20172,73361,04545.373.00$307,400
Jul 20172,61261,74043.873.09$305,197
Jun 20172,97859,67842.493.09$310,778
May 20172,54266,73645.373.26$333,117
Apr 20173,55565,61447.933.21$381,117
Mar 20173,07070,24546.772.98$353,173
Feb 20173,16568,22050.452.95$361,101
Jan 20172,99951,44949.413.42$324,074
Dec 20161,68260,98548.763.72$309,051
Nov 20163,46478,45542.492.64$354,648
Oct 20163,72085,30746.193.09$435,448
Sep 20164,00188,02141.553.10$439,162
Aug 20164,70996,49941.442.92$477,337
Jul 20166,171102,29741.622.92$555,988
Jun 20164,58275,12745.352.69$409,572
May 20165,80394,19842.521.99$434,296
Apr 20164,99178,37936.561.99$338,527
Mar 20166,184121,51933.011.79$422,140
Feb 20166,208135,20626.472.06$443,341
Jan 20168,213146,29927.352.36$570,529
Dec 20157,740133,55232.362.00$517,759
Nov 201510,183146,88338.792.17$713,343
Oct 201511,464138,76743.552.43$835,986
Sep 201514,839122,21242.992.76$975,041
Aug 201520,177128,08240.162.87$1,178,223
Jul 201511,80467,63748.152.95$767,559
Jun 201522,634113,89756.152.88$1,599,248
May 201525,469131,96055.212.96$1,796,145
Apr 201524,418106,62349.822.71$1,505,087
Mar 20151,1389,70842.892.93$77,299

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             0 bbl  × $106.41 =         $0
Gas                  195 Mcf  × $  3.05 =       $594

────────────────────────────────────────────────────
Month total                                     $594

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/278551 is the state's own key, not one this site invented.