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 278657District 08Field 80544500Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$12.1 M
Jan 2012 – May 2026
Value, last 12 filed months
$523 k
at the published price for each month
Months reported
173
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 Gas112016-01-22217728
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
CondensateDisposition50,212 bbl$3,645,835
GasProduction2,652,877 Mcf$8,418,496
Total$12,064,331

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, -104.1663. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.99874, -104.16628 · 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
6,568 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 6,568 ft.

Completions filed
Jan 2012
1 of 1 wells

1 well

42-10932401402H6,568 ftJan 2012

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 (173)

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

173 months

May 2026213,148106.413.05$40,260
Apr 2026411,58998.932.87$33,653
Mar 2026016,91389.753.15$53,266
Feb 2026016,94363.503.75$63,542
Jan 202609,07159.138.00$72,549
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20251625,36759.383.30$27,357
Sep 202526413,56562.743.08$58,302
Aug 202546111,59863.933.01$64,437
Jul 202537315,36666.743.32$75,835
Jun 2025210,73666.483.13$33,723
May 20257716,66560.553.23$58,529
Apr 202528714,50462.363.54$69,287
Mar 20257317,15167.704.27$78,148
Feb 2025020,80570.884.34$90,311
Jan 202505374.324.28$227
Dec 202404,22868.993.12$13,197
Nov 2024015,30569.052.20$33,647
Oct 2024017,70371.372.28$40,388
Sep 2024018,18569.612.36$42,996
Aug 2024018,88675.632.06$38,974
Jul 2024015,29279.932.15$32,826
Jun 202409,66478.082.63$25,455
May 202418078.812.20$1,419
Apr 202414415,32584.451.66$37,588
Mar 202425914,57580.301.55$43,318
Feb 202422915,16776.091.78$44,477
Jan 20245419,33073.023.30$67,687
Dec 20236919,52171.262.61$55,881
Nov 20236818,76377.892.81$57,975
Oct 20236820,02885.443.09$67,642
Sep 20236524,22589.042.74$72,044
Aug 20237432,71480.522.67$93,399
Jul 20237827,20874.852.64$77,716
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 20200037.091.99$0
Aug 20200039.982.39$0
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 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190950.852.79$25
Jan 20190046.033.23$0
Dec 20180746.594.19$29
Nov 20180052.934.24$0
Oct 20185561.443.40$324
Sep 2018181,69459.543.11$6,337
Aug 2018242,66259.403.07$9,589
Jul 2018231,12465.142.93$4,794
Jun 20182337660.183.08$2,541
May 20181343865.382.90$2,120
Apr 2018456563.842.90$1,894
Mar 2018194,28361.222.79$13,099
Feb 20184114,46561.782.77$42,545
Jan 2018156,57562.874.01$27,304
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20171047.523.09$48
Aug 20171266345.373.00$2,536
Jul 2017286,14643.873.09$20,203
Jun 20173719,13642.493.09$60,650
May 20174022,03045.373.26$73,708
Apr 20174822,03047.933.21$73,052
Mar 20173923,89246.772.98$73,110
Feb 20174619,56950.452.95$60,100
Jan 20177224,11949.413.42$86,016
Dec 201612923,61548.763.72$94,205
Nov 201611921,54042.492.64$62,016
Oct 20169222,10246.193.09$72,550
Sep 201611923,05541.553.10$76,429
Aug 201614723,23941.442.92$74,050
Jul 201615724,22141.622.92$77,365
Jun 201617526,62345.352.69$79,441
May 201615726,22042.521.99$58,881
Apr 201613524,38236.561.99$53,481
Mar 201633918,51233.011.79$44,401
Feb 20167498,08726.472.06$36,515
Jan 20166199,93427.352.36$40,417
Dec 201581110,18432.362.00$46,626
Nov 201599510,62838.792.17$61,630
Oct 201596310,73343.552.43$67,983
Sep 20151,03511,79242.992.76$77,022
Aug 20156316,26540.162.87$43,337
Jul 201511969848.152.95$7,786
Jun 20151,65912,58556.152.88$129,434
May 20151,60014,56755.212.96$131,388
Apr 201595712,15349.822.71$80,571
Mar 20151,92615,24142.892.93$127,334
Feb 20151,92113,98144.662.98$127,402
Jan 20152,30612,02643.433.10$137,438
Dec 20141,92417,68954.693.59$168,751
Nov 20142,35121,07870.464.25$255,272
Oct 201443826,66278.303.90$138,303
Sep 201416123,94986.164.05$110,756
Aug 201427333,43789.394.04$159,326
Jul 201429430,14196.564.18$154,366
Jun 201432226,11798.164.74$155,321
May 201425022,25094.734.73$128,848
Apr 201425616,92695.944.81$105,960
Mar 201433726,19195.895.06$164,758
Feb 201424323,56897.406.19$169,601
Jan 201432232,27690.404.86$185,993
Dec 201332230,87291.824.35$163,998
Nov 201334933,61288.853.74$156,660
Oct 201331936,74497.423.78$169,946
Sep 201341047,392104.113.72$218,876
Aug 201333940,720104.253.52$178,781
Jul 201342734,038102.523.72$170,320
Jun 201386335,28494.403.93$220,254
May 201337239,64894.834.15$199,779
Apr 201339339,72493.964.28$207,048
Mar 201373243,71293.623.91$239,569
Feb 201337541,66691.233.42$176,705
Jan 201341146,62591.603.42$197,101
Dec 201277339,16286.773.42$201,014
Nov 201239349,69686.953.62$214,317
Oct 201265954,78489.383.40$245,149
Sep 201271854,41094.672.92$226,763
Aug 201276364,30892.662.91$257,718
Jul 20121,12175,06885.133.02$322,196
Jun 201272066,08179.822.52$223,931
May 20121,541100,24891.612.49$390,620
Apr 20122,278109,030101.652.00$449,270
Mar 20122,898104,228105.052.22$536,038
Feb 20123,14667,069101.102.57$490,444
Jan 20121,52046,70898.092.73$276,800

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             2 bbl  × $106.41 =       $213
Gas               13,148 Mcf  × $  3.05 =    $40,047

────────────────────────────────────────────────────
Month total                                  $40,260

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/278657 is the state's own key, not one this site invented.