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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 278655District 08Field 80544500Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$39.8 M
Jul 2013 – May 2026
Value, last 12 filed months
$803 k
at the published price for each month
Months reported
155
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 Gas112016-01-22217735
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
CondensateDisposition353,431 bbl$27,430,197
GasProduction3,544,909 Mcf$12,326,068
Total$39,756,266

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 31.9995, -104.2018. 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
7,479 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 7,479 ft.

Completions filed
Jul 2013
1 of 1 wells

1 well

42-10932564602H7,479 ftJul 2013——

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 (155)

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

155 months

May 20262544,898106.413.05$41,947
Apr 20268965,73398.932.87$105,093
Mar 202640911,27289.753.15$72,208
Feb 202616412,80563.503.75$58,437
Jan 20262947,17359.138.00$74,753
Dec 20254564,24856.664.41$44,585
Nov 20255549,33258.593.93$69,100
Oct 202554713,37759.383.30$76,690
Sep 20254027,75162.743.08$49,071
Aug 20254625,49163.933.01$46,090
Jul 20256738,66366.743.32$73,636
Jun 202568914,57366.483.13$91,400
May 202555212,89460.553.23$75,101
Apr 20254104,76862.363.54$42,461
Mar 20254637,66967.704.27$64,079
Feb 20256025,93370.884.34$68,424
Jan 20259209,83274.324.28$110,442
Dec 20244147,23168.993.12$51,132
Nov 20245908,93869.052.20$60,389
Oct 20244409,17471.372.28$52,332
Sep 20243776,65469.612.36$41,975
Aug 20245377,75875.632.06$56,623
Jul 20242808,55579.932.15$40,744
Jun 20244348,59478.082.63$56,523
May 2024454078.812.20$35,780
Apr 20242645,65984.451.66$31,684
Mar 20241532,68380.301.55$16,431
Feb 20243585,20376.091.78$36,521
Jan 20246145,37873.023.30$62,569
Dec 20236305,54671.262.61$59,373
Nov 20234756,51877.892.81$55,297
Oct 20235398,44085.443.09$72,109
Sep 20231602,41389.042.74$20,846
Aug 20234816,61380.522.67$56,406
Jul 20236256,61174.852.64$64,246
Jun 202352111,87668.962.26$62,750
May 202360212,10370.622.23$69,471
Apr 202348621,77678.122.24$86,696
Mar 202342514,86272.852.39$66,528
Feb 202329612,83375.112.47$53,875
Jan 20232697,50776.533.39$46,018
Dec 20226365,85876.415.73$82,158
Nov 20223549,54485.005.65$83,977
Oct 20224198,74187.185.86$87,784
Sep 20225357,76284.888.16$108,777
Aug 20228339,94294.529.13$169,477
Jul 202252511,842101.587.54$142,643
Jun 20225357,417115.097.98$120,740
May 202273311,910109.378.43$180,606
Apr 20225478,168104.226.84$112,858
Mar 202249810,965108.885.08$109,885
Feb 20224347,53791.054.86$76,137
Jan 20222603,83481.844.54$38,676
Dec 202131559471.323.90$24,782
Nov 20214296,70177.435.24$68,310
Oct 20214199,76379.795.71$89,217
Sep 202143512,91369.865.35$99,486
Aug 202155515,06866.024.22$100,237
Jul 20213877,18270.783.98$55,991
Jun 20215277,59969.493.38$62,311
May 202151011,37363.483.02$66,695
Apr 202179914,42260.362.76$88,010
Mar 202169017,45161.302.72$89,710
Feb 202150414,29057.805.55$108,411
Jan 202182217,31050.412.81$90,083
Dec 202073413,49044.642.68$68,858
Nov 202066213,81038.772.71$63,043
Oct 20201,30819,68036.972.48$97,132
Sep 20201,02216,81237.091.99$71,379
Aug 20201,43723,21839.982.39$112,829
Jul 20201,01718,88938.371.83$73,497
Jun 202082012,72434.901.69$50,126
May 202070614,66316.921.81$38,555
Apr 202069015,65014.751.80$38,416
Mar 202080814,54030.341.86$51,504
Feb 202056814,23649.881.98$56,529
Jan 202090015,59757.252.09$84,197
Dec 201940310,66959.012.30$48,366
Nov 201978911,21055.302.75$74,467
Oct 201971715,29053.472.42$75,317
Sep 201981614,53655.052.66$83,547
Aug 20191,03013,44053.112.30$85,674
Jul 201976917,33756.272.46$85,922
Jun 201979623,60052.782.49$100,805
May 201970217,82058.482.74$89,885
Apr 201978914,60962.632.75$89,600
Mar 20191,00616,77556.803.06$108,508
Feb 201996313,89650.852.79$87,769
Jan 20191,03027,79446.033.23$137,135
Dec 201898835,63246.594.19$195,167
Nov 201888414,54852.934.24$108,433
Oct 201882514,11761.443.40$98,659
Sep 201891919,01759.543.11$113,822
Aug 20181,57126,94559.403.07$175,946
Jul 201842217,29665.142.93$78,199
Jun 201865314,09660.183.08$82,670
May 20181,06930,63565.382.90$158,757
Apr 20181,07120,86863.842.90$128,907
Mar 20181,02520,46461.222.79$119,780
Feb 201888719,66961.782.77$109,206
Jan 20181,11425,06362.874.01$170,523
Dec 20171,53524,81857.272.92$160,416
Nov 20171,52026,25755.423.12$166,117
Oct 20171,44427,73749.292.98$153,933
Sep 20171,26425,90447.523.09$140,038
Aug 20171,33826,01545.373.00$138,865
Jul 20171,25028,78743.873.09$143,711
Jun 20171,29929,10442.493.09$145,047
May 20171,43726,73145.373.26$152,431
Apr 20171,27127,07247.933.21$147,863
Mar 20171,54231,07446.772.98$164,834
Feb 20171,30926,15650.452.95$143,267
Jan 20171,75530,02949.413.42$189,378
Dec 20161,54829,40248.763.72$184,939
Nov 20161,61129,47942.492.64$146,404
Oct 20161,68231,19046.193.09$174,077
Sep 20161,62029,07641.553.10$157,465
Aug 20161,74631,81541.442.92$165,392
Jul 20162,09332,48641.622.92$182,111
Jun 20161,68930,32845.352.69$158,052
May 20162,16234,28542.521.99$160,191
Apr 20162,08233,63436.561.99$143,085
Mar 20162,47636,90833.011.79$147,946
Feb 20162,89634,76126.472.06$148,391
Jan 20162,62029,13927.352.36$140,552
Dec 20152,17224,13332.362.00$118,586
Nov 20152,75227,30138.792.17$165,920
Oct 20153,19428,04043.552.43$207,140
Sep 20152,76326,73142.992.76$192,517
Aug 20153,16729,83940.162.87$212,899
Jul 20152,55823,55748.152.95$192,545
Jun 20153,58630,76656.152.88$290,048
May 20153,49432,17855.212.96$288,004
Apr 20153,36329,41949.822.71$247,169
Mar 20154,52736,54742.892.93$301,418
Feb 20154,99231,26944.662.98$316,005
Jan 20155,75939,37743.433.10$372,207
Dec 20144,42833,42154.693.59$362,194
Nov 20146,34445,26070.464.25$639,437
Oct 20144,54542,80078.303.90$522,835
Sep 20143,15726,25286.164.05$378,208
Aug 20146,31122,59289.394.04$655,302
Jul 20146,58638,58396.564.18$797,206
Jun 20145,09350,35598.164.74$738,454
May 20147,77065,58794.734.73$1,046,053
Apr 20149,26858,01395.944.81$1,168,163
Mar 20147,99760,68895.895.06$1,073,719
Feb 20148,73368,22597.406.19$1,273,043
Jan 201411,08587,25790.404.86$1,426,216
Dec 201312,65997,36991.824.35$1,586,341
Nov 201313,713100,44188.853.74$1,593,877
Oct 201319,261116,82297.423.78$2,317,919
Sep 201323,536129,311104.113.72$2,931,078
Aug 201332,564122,751104.253.52$3,827,201
Jul 201323,08381,680102.523.72$2,670,134

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           254 bbl  × $106.41 =    $27,028
Gas                4,898 Mcf  × $  3.05 =    $14,919

────────────────────────────────────────────────────
Month total                                  $41,947

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/278655 is the state's own key, not one this site invented.