COVINGTON 34-224

Operated by ANADARKO E&P ONSHORE LLC (P-5 20528) in the PHANTOM (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 279308District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$14.9 M
Jul 2015 – May 2026
Value, last 12 filed months
$675 k
at the published price for each month
Months reported
131
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 7,755 leases and 10,539 wells, and the rule below applies to all of them.

Discovered
1983-06-23
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 2017-08-01.

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: FOR THE FOLLOWING API 389-37515.

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 Gas112017-03-01219735
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
CondensateDisposition203,418 bbl$10,625,491
GasProduction1,398,099 Mcf$4,299,916
Total$14,925,408

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 31.5688, -103.3975. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.56880, -103.39746 · 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
11,086 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 11,086 ft.

Completions filed
Jul 2015
1 of 1 wells

1 well

42-475367525H11,086 ftJul 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 (131)

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

131 months

May 20266615,857106.413.05$88,176
Apr 20265034,48598.932.87$62,632
Mar 20266104,97689.753.15$70,419
Feb 202677563063.503.75$51,575
Jan 20263691959.138.00$21,971
Dec 20255503,94056.664.41$48,552
Nov 20255905,66358.593.93$56,804
Oct 20255976,40959.383.30$56,631
Sep 20254576,17462.743.08$47,669
Aug 20256286,89963.933.01$60,947
Jul 20255145,49566.743.32$52,521
Jun 20255696,25266.483.13$57,388
May 20255424,39660.553.23$47,027
Apr 20256266,21362.363.54$61,051
Mar 20257886,12567.704.27$79,491
Feb 20256685,44470.884.34$70,979
Jan 20255764,35574.324.28$61,442
Dec 20246504,87968.993.12$60,073
Nov 20241,1807,15269.052.20$97,202
Oct 20241,0499,04971.372.28$95,512
Sep 20248466,35769.612.36$73,920
Aug 20249857,74175.632.06$90,470
Jul 202498510,13279.932.15$100,480
Jun 20241,0989,44378.082.63$110,605
May 20241,0834,71878.812.20$95,723
Apr 20246251,71884.451.66$55,632
Mar 20242161280.301.55$17,363
Feb 20245946,04976.091.78$55,987
Jan 20246325,25173.023.30$63,465
Dec 20236484,13371.262.61$56,967
Nov 20235474,24777.892.81$54,530
Oct 20236696,73985.443.09$77,965
Sep 20237096,55989.042.74$81,068
Aug 20238056,27580.522.67$81,591
Jul 20236435,67274.852.64$63,113
Jun 20235695,46268.962.26$51,574
May 20236206,66370.622.23$58,626
Apr 2023287,79878.122.24$19,637
Mar 20238448,64472.852.39$82,172
Feb 20236575,41875.112.47$62,706
Jan 20238557,77976.533.39$91,786
Dec 20228876,46176.415.73$104,791
Nov 20228767,81785.005.65$118,596
Oct 20227396,94087.185.86$105,121
Sep 20227826,97884.888.16$123,342
Aug 20228107,12194.529.13$141,556
Jul 20228886,670101.587.54$140,509
Jun 20229417,149115.097.98$165,329
May 20229486,451109.378.43$158,084
Apr 20224063,108104.226.84$63,565
Mar 20229386,207108.885.08$133,639
Feb 20229724,69591.054.86$111,313
Jan 20227284,20981.844.54$78,679
Dec 20219235,52271.323.90$87,359
Nov 20218504,74077.435.24$90,638
Oct 20211,0316,75079.795.71$120,832
Sep 20219484,42669.865.35$89,910
Aug 20211,0334,62666.024.22$87,723
Jul 20211,0173,69070.783.98$86,677
Jun 20211,0494,05969.493.38$86,617
May 20211,0283,90263.483.02$77,032
Apr 20211,0424,50060.362.76$75,308
Mar 20219925,33761.302.72$75,310
Feb 20215632,08957.805.55$44,131
Jan 20219264,91850.412.81$60,501
Dec 20201,1105,57644.642.68$64,469
Nov 20201,0846,22638.772.71$58,878
Oct 20201,1296,43836.972.48$57,695
Sep 20201,1596,69037.091.99$56,307
Aug 20201,2476,52739.982.39$65,423
Jul 20201,0865,05138.371.83$50,889
Jun 20201,5197,32434.901.69$65,393
May 20201,8362,95716.921.81$36,431
Apr 20201,3696114.751.80$20,303
Mar 20201,5277,80030.341.86$60,808
Feb 20201,2545,36249.881.98$73,170
Jan 20201,4138,75857.252.09$99,240
Dec 20191,4744,19959.012.30$96,657
Nov 20191,1073,93755.302.75$72,047
Oct 20191,1046,44753.472.42$74,623
Sep 20191,42610,29255.052.66$105,850
Aug 20191,2158,93653.112.30$85,120
Jul 20191,16111,94156.272.46$94,705
Jun 20191,37815,64452.782.49$111,703
May 20191,73614,87258.482.74$142,275
Apr 20192,12613,23662.632.75$169,560
Mar 20191,70917,28556.803.06$150,000
Feb 20191,68812,36950.852.79$120,372
Jan 20191,95813,81246.033.23$134,714
Dec 20181,64414,44546.594.19$137,053
Nov 20182,13425,44052.934.24$220,748
Oct 20182,99928,49161.443.40$281,073
Sep 20182,47016,94459.543.11$199,726
Aug 20181,3824,42559.403.07$95,660
Jul 20181,4278,60965.142.93$118,195
Jun 20186234560.183.08$4,793
May 2018596665.382.90$4,049
Apr 20181063.842.90$64
Mar 20182753,16961.222.79$25,667
Feb 20181,69619,49361.782.77$158,699
Jan 20181,91020,24062.874.01$201,230
Dec 20171,75022,00457.272.92$164,508
Nov 20172,12124,32755.423.12$193,406
Oct 20171,77117,35449.292.98$139,071
Sep 20171,45118,07147.523.09$124,742
Aug 20172,07727,80445.373.00$177,768
Jul 20172,20317,17743.873.09$149,676
Jun 20172,08716,33842.493.09$139,117
May 20172,12718,76345.373.26$157,733
Apr 20172,22318,77347.933.21$166,840
Mar 20172,45418,91346.772.98$171,204
Feb 20172,47918,98650.452.95$181,124
Jan 20172,60518,48949.413.42$191,923
Dec 20162,53118,72948.763.72$193,136
Nov 20162,82121,78542.492.64$177,471
Oct 20163,12222,44346.193.09$213,560
Sep 20162,72618,27441.553.10$169,926
Aug 20163,05920,62541.442.92$187,079
Jul 20163,53121,92041.622.92$211,062
Jun 20163,16018,77145.352.69$193,722
May 20164,09524,64242.521.99$223,183
Apr 20163,98124,84236.561.99$195,007
Mar 20164,17823,52233.011.79$180,114
Feb 20164,24922,96326.472.06$159,858
Jan 20164,97627,18627.352.36$200,371
Dec 20154,26525,51532.362.00$189,081
Nov 20155,12228,21538.792.17$259,834
Oct 20155,99331,67443.552.43$337,855
Sep 20156,23130,74942.992.76$352,689
Aug 20158,31542,09840.162.87$454,856
Jul 20156,96434,15348.152.95$435,900

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           661 bbl  × $106.41 =    $70,337
Gas                5,857 Mcf  × $  3.05 =    $17,839

────────────────────────────────────────────────────
Month total                                  $88,176

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/279308 is the state's own key, not one this site invented.