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AUGUSTUS 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 281265District 08Field 31913800Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$24.9 M
Jul 2016 – May 2026
Value, last 12 filed months
$1.5 M
at the published price for each month
Months reported
119
no gaps in the span
Streams
2
condensate, gas

The FORD, WEST (WOLFCAMP) 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 1,466 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 Gas112018-05-30221598
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
CondensateDisposition230,445 bbl$12,906,073
GasProduction3,704,216 Mcf$12,015,449
Total$24,921,522

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 31.9722, -104.1555. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.97222, -104.15546 · 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
10,001 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 10,001 ft.

Completions filed
Jul 2016
1 of 1 wells

1 well

42-109328981023H10,001 ftJul 2016——

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 (119)

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

119 months

May 20261,48318,273106.413.05$213,463
Apr 20261,50317,97698.932.87$200,278
Mar 202636115,62089.753.15$81,594
Feb 20261,10813,61763.503.75$121,426
Jan 202638911,72259.138.00$116,753
Dec 202577316,27356.664.41$115,617
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20253827,42462.743.08$46,810
Aug 20251,12620,50163.933.01$133,791
Jul 20251,15023,91366.743.32$156,027
Jun 20252,28640,95566.483.13$280,110
May 202505,54660.553.23$17,926
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250970.884.34$39
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 202406069.052.20$132
Oct 202406271.372.28$141
Sep 20243863,27869.612.36$34,620
Aug 20241,13819,60675.632.06$126,526
Jul 20241,12720,58279.932.15$134,262
Jun 20241,30619,76078.082.63$154,020
May 2024771078.812.20$60,763
Apr 202497020,69284.451.66$116,249
Mar 20241,14321,05380.301.55$124,313
Feb 20241,13919,21776.091.78$120,943
Jan 20241,71818,45073.023.30$186,290
Dec 20233769,19971.262.61$50,810
Nov 202375416,91077.892.81$106,205
Oct 20231,29222,00985.443.09$178,336
Sep 202391718,20489.042.74$131,438
Aug 20231,09421,74580.522.67$146,211
Jul 20231,08520,36974.852.64$135,023
Jun 20231,11319,65768.962.26$121,147
May 20231,11220,98970.622.23$125,280
Apr 20231,48120,60578.122.24$161,805
Mar 202374316,15272.852.39$92,782
Feb 202374614,75475.112.47$92,411
Jan 202303,69176.533.39$12,504
Dec 202274012,85476.415.73$130,185
Nov 20221,13111,63485.005.65$161,823
Oct 202274819,78387.185.86$181,213
Sep 20221,48720,22284.888.16$291,303
Aug 202292920,63694.529.13$276,157
Jul 20221,46421,546101.587.54$311,215
Jun 20221,11518,325115.097.98$274,508
May 20221,09221,329109.378.43$299,300
Apr 20221,10020,834104.226.84$257,097
Mar 20221,13321,419108.885.08$232,092
Feb 20221,51419,25091.054.86$231,382
Jan 20221,12923,37481.844.54$198,461
Dec 20211,50424,02671.323.90$200,946
Nov 20211,12021,48877.435.24$199,251
Oct 20211,30026,31779.795.71$254,099
Sep 20211,28324,36169.865.35$219,984
Aug 20211,09224,15766.024.22$174,051
Jul 20211,46725,95770.783.98$207,197
Jun 20211,84625,32069.493.38$213,876
May 20211,12027,92563.483.02$155,366
Apr 20211,88127,18360.362.76$188,519
Mar 20211,85635,38761.302.72$209,917
Feb 2021656,87557.805.55$41,899
Jan 2021378050.412.81$19,055
Dec 2020201,42344.642.68$4,700
Nov 20202,22822,02438.772.71$145,989
Oct 202074023,85136.972.48$86,471
Sep 20201,85628,96637.091.99$126,512
Aug 20207359,80039.982.39$52,759
Jul 20201,07323,51238.371.83$84,083
Jun 20201,85424,74134.901.69$106,525
May 202092124,77216.921.81$60,538
Apr 20201,82526,12614.751.80$74,060
Mar 20201,47226,85830.341.86$94,515
Feb 20201,12021,66049.881.98$98,767
Jan 20201,88229,84257.252.09$170,256
Dec 20191,89831,02259.012.30$183,487
Nov 20191,50930,55655.302.75$167,498
Oct 20191,85933,32153.472.42$179,989
Sep 20191,83832,30755.052.66$187,031
Aug 20191,46033,87553.112.30$155,601
Jul 20191,83332,90756.272.46$184,096
Jun 20191,66031,62952.782.49$166,409
May 20192,04335,31358.482.74$216,244
Apr 20191,86734,36962.632.75$211,469
Mar 20192,27436,48956.803.06$240,896
Feb 20191,87435,92750.852.79$195,609
Jan 20192,65038,72746.033.23$246,997
Dec 20181,88140,65546.594.19$257,795
Nov 20182,65341,77652.934.24$317,438
Oct 20182,25546,72261.443.40$297,312
Sep 20181,50443,52459.543.11$224,821
Aug 20180059.403.07$0
Jul 20181,85123,18165.142.93$188,538
Jun 20182,76838,82860.183.08$286,049
May 20182,02644,68465.382.90$262,079
Apr 20182,43340,45863.842.90$272,683
Mar 20182,42345,99061.222.79$276,503
Feb 20182,24839,01461.782.77$246,799
Jan 20182,69839,86362.874.01$329,447
Dec 20172,47949,77157.272.92$287,379
Nov 20172,82448,61455.423.12$308,102
Oct 20173,61055,80949.292.98$344,453
Sep 20172,12346,52947.523.09$244,533
Aug 20173,02658,96945.373.00$314,456
Jul 20174,74767,84843.873.09$417,717
Jun 20173,96266,68842.493.09$374,230
May 20174,02766,22545.373.26$398,824
Apr 20175,16579,28647.933.21$502,193
Mar 20175,50283,76246.772.98$507,248
Feb 20176,14482,64950.452.95$553,994
Jan 20175,99898,01249.413.42$631,445
Dec 20167,817109,47848.763.72$788,725
Nov 20168,079118,37342.492.64$656,296
Oct 201610,432138,10146.193.09$908,622
Sep 201612,559146,66341.553.10$976,574
Aug 201615,573174,76341.442.92$1,156,412
Jul 20163,68158,88941.622.92$325,415

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         1,483 bbl  × $106.41 =   $157,806
Gas               18,273 Mcf  × $  3.05 =    $55,657

────────────────────────────────────────────────────
Month total                                 $213,463

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/281265 is the state's own key, not one this site invented.