COVINGTON 46

Operated by WPX ENERGY PERMIAN, LLC (P-5 942623) 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 286362District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$27.3 M
Jan 2015 – May 2026
Value, last 12 filed months
$722 k
at the published price for each month
Months reported
137
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 Gas112019-09-10221757
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
CondensateDisposition424,224 bbl$22,293,215
GasProduction1,605,726 Mcf$4,961,997
Total$27,255,212

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 31.8843, -103.9434. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.88425, -103.94344 · 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
10,057 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 10,057 ft.

Completions filed
Jan 2015
1 of 1 wells

1 well

42-389345233H10,057 ftJan 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 (137)

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

137 months

May 20262130106.413.05$22,665
Apr 20264393,16598.932.87$52,513
Mar 20264401,02389.753.15$42,712
Feb 20266613,10563.503.75$53,618
Jan 20268733,33159.138.00$78,262
Dec 20251,1544,70856.664.41$86,164
Nov 20256652,49458.593.93$48,755
Oct 20258885,03759.383.30$69,376
Sep 20258182,73262.743.08$59,727
Aug 20259002,94263.933.01$66,406
Jul 20259652,89366.743.32$73,995
Jun 20258373,80966.483.13$67,561
May 20259873,29060.553.23$70,397
Apr 20259343,55162.363.54$70,826
Mar 20251,2364,19567.704.27$101,583
Feb 20251,1934,08370.884.34$102,283
Jan 20255861,35874.324.28$49,362
Dec 20243681,25868.993.12$29,315
Nov 20247622,73269.052.20$58,622
Oct 2024126071.372.28$8,993
Sep 20248262,53969.612.36$63,501
Aug 20249444,23375.632.06$80,130
Jul 20248491,98879.932.15$72,128
Jun 20241,9836,18278.082.63$171,116
May 20244,49113,82678.812.20$384,331
Apr 20244,88510,96384.451.66$430,728
Mar 20248092,73080.301.55$69,181
Feb 20241,5398,20576.091.78$131,737
Jan 20241,7787,64973.023.30$155,053
Dec 20231,2816,20871.262.61$107,491
Nov 20231,2506,85177.892.81$116,597
Oct 20231,4427,56085.443.09$146,544
Sep 20231,4518,00989.042.74$151,102
Aug 20231,6698,03280.522.67$155,856
Jul 20231,0482,77274.852.64$85,766
Jun 20231,3625,41268.962.26$106,146
May 20231,5707,07270.622.23$126,626
Apr 20231,4546,36478.122.24$127,828
Mar 20231,8389,78772.852.39$157,320
Feb 20231,7117,97775.112.47$148,182
Jan 20231,8289,83876.533.39$173,225
Dec 20221,9109,56776.415.73$200,753
Nov 20222,46511,07785.005.65$272,068
Oct 20221,6228,18987.185.86$189,424
Sep 20222,50912,19584.888.16$312,520
Aug 20222,83913,75894.529.13$393,914
Jul 20223,4008,760101.587.54$411,441
Jun 202228,987115.097.98$71,921
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20226022,40691.054.86$66,502
Jan 20221,8119,65881.844.54$192,037
Dec 20212,31810,46371.323.90$206,116
Nov 20217954,30577.435.24$84,101
Oct 20212,31813,52979.795.71$262,256
Sep 20212,70113,85169.865.35$262,807
Aug 20212,79814,69466.024.22$246,741
Jul 20213,18614,53670.783.98$283,389
Jun 20213,12411,54469.493.38$256,113
May 202101063.483.02$30
Apr 20210660.362.76$17
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 20201913236.972.48$7,141
Sep 20201,2695,01737.091.99$57,056
Aug 20201,6976,73539.982.39$83,910
Jul 20201,8425,71738.371.83$81,112
Jun 20201,8525,91334.901.69$74,630
May 20201,9934,65416.921.81$42,167
Apr 20202,2626,22414.751.80$44,595
Mar 20201,2707,07430.341.86$51,663
Feb 20202,2226,36449.881.98$123,438
Jan 20201,9736,46657.252.09$126,499
Dec 20192,3766,76859.012.30$155,804
Nov 20192,7325,65055.302.75$166,621
Oct 20192,3823,83553.472.42$136,641
Sep 20192,36392255.052.66$132,533
Aug 20192,2053,19353.112.30$124,465
Jul 20192,5575,68856.272.46$157,875
Jun 20192,5544,71052.782.49$146,534
May 20192,2223,76958.482.74$140,271
Apr 20192,4065,20062.632.75$164,991
Mar 20193,1207,35156.803.06$199,726
Feb 20195285,15350.852.79$41,237
Jan 20193,34110,93246.033.23$189,077
Dec 20182,64711,67046.594.19$172,168
Nov 20182,6279,45452.934.24$179,106
Oct 20182,4118,45261.443.40$176,852
Sep 20182,5919,63059.543.11$184,198
Aug 20182,9408,80459.403.07$201,634
Jul 20183,4787,02565.142.93$247,153
Jun 20181,83810,29460.183.08$142,285
May 20182,36811,11765.382.90$187,068
Apr 20182,5838,96163.842.90$190,893
Mar 20182,74112,20561.222.79$201,817
Feb 20181,1101,63961.782.77$73,109
Jan 20182,77210,83462.874.01$217,713
Dec 20172,99310,08257.272.92$200,864
Nov 20172,95311,83555.423.12$200,561
Oct 20172,96310,55849.292.98$177,548
Sep 20173,13210,30747.523.09$180,653
Aug 20179346,83245.373.00$62,902
Jul 20171,48915,68943.873.09$113,759
Jun 20171,2985,32042.493.09$71,576
May 20173,71317,98245.373.26$227,141
Apr 20174,46617,39047.933.21$269,905
Mar 20174,11621,71446.772.98$257,293
Feb 20174,29520,39850.452.95$276,910
Jan 20174,52919,11549.413.42$289,128
Dec 20164,11819,39348.763.72$272,991
Nov 20164,61518,81142.492.64$245,834
Oct 20163,86018,02446.193.09$233,992
Sep 20165,51020,42341.553.10$292,265
Aug 20165,19023,60641.442.92$284,106
Jul 20164,98423,45441.622.92$276,022
Jun 20165,87724,40245.352.69$332,062
May 20166,28326,56242.521.99$320,039
Apr 20166,85025,72636.561.99$301,658
Mar 20167,06928,59733.011.79$284,651
Feb 20166,80825,75826.472.06$233,363
Jan 20167,80130,55627.352.36$285,603
Dec 20158,33327,20532.362.00$324,104
Nov 20158,38329,81238.792.17$389,789
Oct 201510,30438,65543.552.43$542,539
Sep 20159,66743,87442.992.76$536,607
Aug 201517,41469,87940.162.87$900,073
Jul 201518,84265,76948.152.95$1,100,937
Jun 201518,56262,80656.152.88$1,223,317
May 201518,85265,24755.212.96$1,233,653
Apr 201517,19055,41349.822.71$1,006,385
Mar 201517,66456,21142.892.93$922,572
Feb 201511,88838,51744.662.98$645,552
Jan 20153634,91443.433.10$31,002

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           213 bbl  × $106.41 =    $22,665
Gas                    0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $22,665

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/286362 is the state's own key, not one this site invented.