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.

Oil lease lease 42442District 08Field 71052900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$53.4 M
May 2012 – Apr 2017
Value, last 12 filed months
$1.7 M
at the published price for each month
Months reported
60
no gaps in the span
Streams
2
oil, casinghead 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.

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
OilDisposition610,357 bbl$47,397,721
Casinghead gasProduction1,712,360 Mcf$5,985,323
Total$53,383,044

Wells on this lease (5)

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 31.5770, -103.3889. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.0 miles.

31.57583, -103.38936 · 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
100.0%
5 of 5 wells
With a plug date
20.0%
1 of 5 wells
Median depth
10,925 ft
5 wells filed one
Completion to plug
4.4 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
5100.0%
A plug date is filed
120.0%
BothOn the schedule and plugged. Neither fact cancels the other.
120.0%
NeitherNo plug date, and not on the schedule.
00.0%

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

Between 10,833 and 11,086 ft, median 10,925 ft, over the 5 wells that filed a depth.

Completions filed
May 2012 – Jul 2015
5 of 5 wells
Plug dates filed
Jun 2018
1 of 5 wells; 4 filed none

Last completion to plug: a median of 4.4 years across the 1 well that filed both dates, with the middle half between 4.4 years and 4.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

5 wells

42-475367525H11,086 ftJul 2015Yes
42-475365184H10,833 ftJan 2014Jun 2018Yes
42-475361682H10,925 ftNov 2012Yes
42-475361833H10,862 ftNov 2012Yes
42-475357141H10,964 ftMay 2012Yes

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 (60)

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

60 months

Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20165,36915,87546.193.09$297,052
Sep 20165,49215,97941.553.10$277,738
Aug 20165,88418,15141.442.92$296,913
Jul 20165,77115,90541.622.92$286,701
Jun 20166,15620,03445.352.69$332,983
May 20165,14016,11042.521.99$250,628
Apr 20165,89815,27436.561.99$246,042
Mar 20166,00216,49733.011.79$227,722
Feb 20165,91219,85526.472.06$197,464
Jan 20166,13920,26827.352.36$215,823
Dec 20156,46119,80432.362.00$248,714
Nov 20155,74816,94138.792.17$259,682
Oct 20157,90322,48343.552.43$398,732
Sep 20155,69316,48142.992.76$290,204
Aug 20156,17218,52340.162.87$301,075
Jul 20156,51120,88148.152.95$375,001
Jun 201515,84359,57356.152.88$1,061,325
May 201517,85065,26555.212.96$1,178,386
Apr 201513,81751,13849.822.71$826,772
Mar 201510,13934,77742.892.93$536,922
Feb 201510,78235,44644.662.98$587,018
Jan 201511,91639,56543.433.10$640,188
Dec 20146,24821,59154.693.59$419,244
Nov 20143301,55670.464.25$29,868
Oct 20144,59615,90178.303.90$421,896
Sep 20147,42022,85386.164.05$731,758
Aug 20149,07926,30689.394.04$917,720
Jul 20147,15321,98296.564.18$782,570
Jun 20148,14423,94598.164.74$912,840
May 201410,66931,54494.734.73$1,159,769
Apr 201410,17432,40995.944.81$1,131,952
Mar 201412,34138,96895.895.06$1,380,432
Feb 201415,87652,28597.406.19$1,870,071
Jan 201410,03629,21690.404.86$1,049,265
Dec 201317,72443,52291.824.35$1,816,933
Nov 201310,78529,80288.853.74$1,069,655
Oct 20136,62115,27997.423.78$702,763
Sep 20139,37522,727104.113.72$1,060,524
Aug 20139,34325,601104.253.52$1,064,190
Jul 201311,27935,602102.523.72$1,288,682
Jun 20138,79531,97794.403.93$956,027
May 201312,20035,03094.834.15$1,302,268
Apr 201318,11254,62593.964.28$1,935,740
Mar 201324,23559,88793.623.91$2,503,211
Feb 201326,35474,88991.233.42$2,660,389
Jan 201335,40370,33391.603.42$3,483,447
Dec 201230,63466,18686.773.42$2,884,479
Nov 201224,15467,93886.953.62$2,346,463
Oct 201211,26922,20289.383.40$1,082,703
Sep 201215,00027,33594.672.92$1,499,824
Aug 201215,24032,13492.662.91$1,505,589
Jul 201221,86551,35585.133.02$2,016,501
Jun 201217,27937,87379.822.52$1,474,613
May 20126,02614,68291.612.49$588,575

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.

Oct 2016 — as filed, then multipliedworked
Oil                5,369 bbl  × $ 46.19 =   $247,994
Casinghead gas    15,875 Mcf  × $  3.09 =    $49,058

────────────────────────────────────────────────────
Month total                                 $297,052

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/O/42442 is the state's own key, not one this site invented.