PETOSKEY STATE

Operated by COG OPERATING LLC (P-5 166150) in the FORD, WEST (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 278889District 08Field 31913800Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$14.6 M
Oct 2015 – May 2026
Value, last 12 filed months
$297
at the published price for each month
Months reported
128
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 1,466 leases and 1,484 wells, and the rule below applies to all of them.

Discovered
2010-11-05
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 80 acres. The field rule took effect on 2018-06-05.

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: DOCKET SAYS PRO PLAT NOT REQUIRED NOT LEASE PLAT NOT REQ

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 Gas112017-05-25220311
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
CondensateDisposition130,930 bbl$6,358,656
GasProduction2,772,967 Mcf$8,246,415
Total$14,605,071

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 31.9532, -104.1950. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.95320, -104.19497 · 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
9,843 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 9,843 ft.

Completions filed
Oct 2015
1 of 1 wells

1 well

42-109328152021H9,843 ftOct 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 (128)

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

128 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260689.753.15$19
Feb 20260063.503.75$0
Jan 20260259.138.00$16
Dec 202501056.664.41$44
Nov 20250058.593.93$0
Oct 202501259.383.30$40
Sep 202501262.743.08$37
Aug 202501763.933.01$51
Jul 202501666.743.32$53
Jun 202501266.483.13$38
May 20250360.553.23$10
Apr 202502062.363.54$71
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 2025193074.324.28$14,344
Dec 20240068.993.12$0
Nov 202401069.052.20$22
Oct 202402871.372.28$64
Sep 20240969.612.36$21
Aug 20240775.632.06$14
Jul 202402879.932.15$60
Jun 202409678.082.63$253
May 20240078.812.20$0
Apr 202409984.451.66$164
Mar 202402280.301.55$34
Feb 202402776.091.78$48
Jan 202402873.023.30$92
Dec 202302371.262.61$60
Nov 202303377.892.81$93
Oct 202302085.443.09$62
Sep 20230089.042.74$0
Aug 2023020380.522.67$543
Jul 20230074.852.64$0
Jun 20233718,71268.962.26$45,260
May 202374715,31570.622.23$86,866
Apr 202375115,97278.122.24$94,410
Mar 202375814,84672.852.39$90,749
Feb 202337713,02875.112.47$60,439
Jan 202375615,83876.533.39$111,511
Dec 20223819,77476.415.73$85,108
Nov 202275610,68985.005.65$124,612
Oct 202237416,49387.185.86$129,316
Sep 202274117,21684.888.16$203,442
Aug 202274216,99694.529.13$225,259
Jul 202273617,884101.587.54$209,645
Jun 202274016,536115.097.98$217,078
May 202274616,320109.378.43$219,217
Apr 202274817,021104.226.84$194,339
Mar 202276023,039108.885.08$199,704
Feb 202236794091.054.86$37,983
Jan 20223769,35681.844.54$73,226
Dec 202139413,91371.323.90$82,349
Nov 202174617,71977.435.24$150,555
Oct 202137614,39779.795.71$112,264
Sep 202137196069.865.35$31,055
Aug 202137014,86066.024.22$87,145
Jul 20211,12819,06070.783.98$155,738
Jun 202155319,67069.493.38$104,925
May 202155620,15363.483.02$96,110
Apr 20211,13118,94360.362.76$120,520
Mar 202175620,06361.302.72$100,853
Feb 202138812,71757.805.55$92,980
Jan 202176116,86250.412.81$85,749
Dec 20201,15422,40644.642.68$111,461
Nov 202075522,29638.772.71$89,617
Oct 202076319,98436.972.48$77,737
Sep 202075014,33337.091.99$56,355
Aug 20201,11229,48439.982.39$114,780
Jul 202075123,09838.371.83$70,972
Jun 202003834.901.69$64
May 20203747916.921.81$6,471
Apr 20200414.751.80$7
Mar 202037011,81630.341.86$33,159
Feb 202037510,89249.881.98$40,278
Jan 20201,12619,37057.252.09$105,039
Dec 201936916,07259.012.30$58,810
Nov 201973517,46955.302.75$88,697
Oct 201973417,83153.472.42$82,372
Sep 201974318,60655.052.66$90,344
Aug 20191,26317,94753.112.30$108,434
Jul 201936514,73956.272.46$56,797
Jun 201972919,99752.782.49$88,293
May 20191,10418,73958.482.74$115,913
Apr 201973615,26362.632.75$88,080
Mar 201992721,89356.803.06$119,692
Feb 201992722,05550.852.79$108,720
Jan 201974921,94346.033.23$105,312
Dec 20181,10116,97146.594.19$122,327
Nov 20181,08920,16152.934.24$143,068
Oct 201837121,32061.443.40$95,241
Sep 20181,07325,46559.543.11$143,032
Aug 201872917,89959.403.07$98,191
Jul 20181,45322,37765.142.93$160,255
Jun 201889723,51760.183.08$126,341
May 20181,08126,42565.382.90$147,329
Apr 201874024,81863.842.90$119,234
Mar 20181,42827,38061.222.79$163,726
Feb 20181,10925,72061.782.77$139,659
Jan 20182,21128,42762.874.01$252,979
Dec 201737729,82157.272.92$108,713
Nov 20172,22130,79755.423.12$219,124
Oct 201791932,35249.292.98$141,826
Sep 20171,30432,55547.523.09$162,472
Aug 201793929,23445.373.00$130,433
Jul 20171,46734,61543.873.09$171,223
Jun 20171,12630,95242.493.09$143,401
May 20172,24636,13445.373.26$219,821
Apr 20171,11636,95247.933.21$172,165
Mar 20171,85039,02346.772.98$202,957
Feb 20172,04937,14950.452.95$213,058
Jan 20171,84241,92949.413.42$234,360
Dec 20161,49043,03848.763.72$232,876
Nov 20162,21646,54042.492.64$217,226
Oct 20162,18450,86746.193.09$258,071
Sep 20162,51452,90941.553.10$268,508
Aug 20162,63659,44741.442.92$283,079
Jul 20161,96050,05341.622.92$227,947
Jun 20162,44764,54845.352.69$284,336
May 20162,82972,56142.521.99$264,761
Apr 20163,69478,43636.561.99$291,222
Mar 20163,57097,70433.011.79$293,128
Feb 20163,84298,46426.472.06$304,891
Jan 20167,171146,59427.352.36$542,728
Dec 20159,844143,01032.362.00$604,773
Nov 201514,085170,80438.792.17$916,546
Oct 20153,84963,61043.552.43$321,979

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.

Mar 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 89.75 =         $0
Gas                    6 Mcf  × $  3.15 =        $19

────────────────────────────────────────────────────
Month total                                      $19

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/278889 is the state's own key, not one this site invented.