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CAPTAIN CALL

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 278656District 08Field 80544500Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$25.2 M
Jun 2013 – May 2026
Value, last 12 filed months
$455 k
at the published price for each month
Months reported
156
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 Gas112016-01-22217733
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
CondensateDisposition208,760 bbl$16,047,284
GasProduction2,537,182 Mcf$9,183,689
Total$25,230,973

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 31.9987, -104.1627. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.99870, -104.16266 · 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
7,604 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 7,604 ft.

Completions filed
Jun 2013
1 of 1 wells

1 well

42-10932459401H7,604 ftJun 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 (156)

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

156 months

May 202627411,780106.413.05$65,036
Apr 202643113,63998.932.87$81,779
Mar 20262806,91889.753.15$46,918
Feb 20261964,14663.503.75$27,995
Jan 2026668,60259.138.00$72,701
Dec 20250056.664.41$0
Nov 2025221058.593.93$12,948
Oct 20252351,07159.383.30$17,494
Sep 20251285,46362.743.08$24,840
Aug 202513311,67163.933.01$43,688
Jul 20252325,53566.743.32$33,833
Jun 20252493,73766.483.13$28,246
May 20252814,08760.553.23$30,225
Apr 202518511,10362.363.54$50,876
Mar 202512711,51567.704.27$57,748
Feb 2025014,00370.884.34$60,785
Jan 202503674.324.28$154
Dec 202432,84668.993.12$9,090
Nov 2024310,30269.052.20$22,855
Oct 20241311,91571.372.28$28,111
Sep 20245712,24069.612.36$32,908
Aug 20241813,62675.632.06$29,480
Jul 2024011,82279.932.15$25,377
Jun 202407,47178.082.63$19,678
May 202433078.812.20$2,601
Apr 202411211,51384.451.66$28,561
Mar 202416210,23580.301.55$28,823
Feb 202422110,10776.091.78$34,843
Jan 202429512,14973.023.30$61,604
Dec 202321013,00771.262.61$48,922
Nov 202318513,03277.892.81$50,998
Oct 20239813,32285.443.09$49,502
Sep 202322213,08689.042.74$55,558
Aug 202314413,51380.522.67$47,714
Jul 202319915,76574.852.64$56,543
Jun 202324613,51168.962.26$47,478
May 202325412,84770.622.23$46,553
Apr 202313710,37778.122.24$33,924
Mar 202313313,53972.852.39$42,090
Feb 202320313,10375.112.47$47,555
Jan 202316017,25976.533.39$70,713
Dec 202227515,41476.415.73$109,321
Nov 202247317,93785.005.65$141,481
Oct 202253120,04587.185.86$163,832
Sep 202239418,38684.888.16$183,540
Aug 202233118,99894.529.13$204,684
Jul 202244219,213101.587.54$189,804
Jun 202248514,429115.097.98$170,922
May 202252116,516109.378.43$196,262
Apr 202248716,137104.226.84$161,093
Mar 202261217,449108.885.08$155,213
Feb 202251715,03691.054.86$120,130
Jan 202258314,87281.844.54$115,197
Dec 202157813,52471.323.90$93,955
Nov 202149217,85077.435.24$131,573
Oct 202146816,06179.795.71$129,112
Sep 202141916,80769.865.35$119,204
Aug 202157516,16766.024.22$106,196
Jul 20215523,65570.783.98$53,625
Jun 20214204,01869.493.38$42,769
May 20215965,05563.483.02$53,088
Apr 20213526,07760.362.76$38,010
Mar 20214936,02261.302.72$46,582
Feb 20212904,40657.805.55$41,206
Jan 20214094,40350.412.81$32,991
Dec 20204305,81444.642.68$34,750
Nov 20205025,66038.772.71$34,782
Oct 20203454,46536.972.48$23,821
Sep 20205255,78037.091.99$30,980
Aug 20206435,64839.982.39$39,178
Jul 20205007,33438.371.83$32,570
Jun 20206078,58534.901.69$35,696
May 202062912,19916.921.81$32,781
Apr 20206219,70114.751.80$26,664
Mar 20207178,55630.341.86$37,636
Feb 20205849,00549.881.98$46,966
Jan 20206445,70557.252.09$48,819
Dec 201978910,22659.012.30$70,123
Nov 20199049,92855.302.75$77,300
Oct 201976911,60353.472.42$69,181
Sep 201976911,02955.052.66$71,641
Aug 201985910,91053.112.30$70,762
Jul 20197019,42656.272.46$62,634
Jun 201976513,85252.782.49$74,885
May 201977916,99058.482.74$92,114
Apr 201949922,12162.632.75$92,101
Mar 201957620,40656.803.06$95,202
Feb 20196579,55850.852.79$60,096
Jan 20196677,10146.033.23$53,625
Dec 20185447,62646.594.19$57,263
Nov 201858210,24452.934.24$74,212
Oct 201863010,22961.443.40$73,466
Sep 20184817,82159.543.11$52,946
Aug 201848612,55259.403.07$67,360
Jul 201867116,57365.142.93$92,299
Jun 201875415,93060.183.08$94,391
May 201896611,33865.382.90$96,046
Apr 201878711,22563.842.90$82,804
Mar 20181,01810,83961.222.79$92,529
Feb 20181,27212,92261.782.77$114,328
Jan 20185968,85462.874.01$72,969
Dec 201761211,11057.272.92$67,507
Nov 201762112,84455.423.12$74,468
Oct 201782212,71049.292.98$78,439
Sep 201792912,60347.523.09$83,055
Aug 201789110,93145.373.00$73,266
Jul 201784113,57543.873.09$78,805
Jun 201788114,00842.493.09$80,680
May 20171,24417,53945.373.26$113,677
Apr 20171,08516,48447.933.21$104,944
Mar 20171,10916,95046.772.98$102,441
Feb 20171,12617,52450.452.95$108,548
Jan 20171,27918,46049.413.42$126,306
Dec 20161,40519,94748.763.72$142,767
Nov 20161,58421,15342.492.64$123,240
Oct 20161,42820,18846.193.09$128,345
Sep 20161,46919,24741.553.10$120,715
Aug 20161,54420,66841.442.92$124,424
Jul 20161,45121,01641.622.92$121,849
Jun 20161,44020,76445.352.69$121,073
May 20161,73121,59942.521.99$116,607
Apr 20161,43621,07936.561.99$94,469
Mar 20161,40619,70833.011.79$81,768
Feb 20161,03513,43826.472.06$55,128
Jan 201685116,50827.352.36$62,306
Dec 20151,07816,46432.362.00$67,835
Nov 20151,28016,87838.792.17$86,231
Oct 20151,24917,41243.552.43$96,646
Sep 20151,32818,49242.992.76$108,099
Aug 20151,55618,99640.162.87$117,055
Jul 20151,64022,06548.152.95$143,949
Jun 20152,14519,65356.152.88$177,099
May 20152,08422,86255.212.96$182,625
Apr 20151,63025,21649.822.71$149,455
Mar 20152,31622,56442.892.93$165,552
Feb 20152,02117,59144.662.98$142,612
Jan 20153,07618,21643.433.10$190,072
Dec 20142,67326,88954.693.59$242,754
Nov 20143,45631,70370.464.25$378,306
Oct 20142,32125,21778.303.90$280,105
Sep 20141,24122,61686.164.05$198,416
Aug 20141,95434,79489.394.04$315,066
Jul 20144,16229,64996.564.18$525,804
Jun 20144,03126,48098.164.74$521,116
May 20143,80831,71594.734.73$510,635
Apr 20143,34020,57195.944.81$419,368
Mar 20144,73142,42395.895.06$668,180
Feb 20144,11735,57797.406.19$621,289
Jan 20145,38246,11590.404.86$710,685
Dec 20135,22748,03391.824.35$689,102
Nov 20137,13158,37088.853.74$851,793
Oct 20138,62670,03897.423.78$1,105,044
Sep 201311,29375,496104.113.72$1,456,389
Aug 201317,69668,347104.253.52$2,085,568
Jul 20139,87765,878102.523.72$1,257,507
Jun 201316,36244,68494.403.93$1,720,333

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           274 bbl  × $106.41 =    $29,156
Gas               11,780 Mcf  × $  3.05 =    $35,880

────────────────────────────────────────────────────
Month total                                  $65,036

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/278656 is the state's own key, not one this site invented.