STEEL UNIT

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

Oil lease lease 48178District 08Field 98359800Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$11.9 M
Aug 2016 – Sep 2021
Value, last 12 filed months
$0
at the published price for each month
Months reported
62
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 1,266 leases and 2,377 wells, and the rule below applies to all of them.

Discovered
2010-11-30
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 40 acres. The field rule took effect on 2015-04-08.

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: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

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
OilDisposition146,534 bbl$7,346,596
Casinghead gasProduction1,526,865 Mcf$4,574,438
Total$11,921,034

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 31.4704, -103.3946. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.47040, -103.39460 · 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%
1 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
10,997 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
1100.0%
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.
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

The one well that filed a depth was drilled to 10,997 ft.

Completions filed
Aug 2016
1 of 1 wells

1 well

42-475370908206H10,997 ftAug 2016Yes

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 (62)

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

62 months

Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
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 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20201,76015,94939.982.39$108,405
Jul 20201,48714,75838.371.83$83,991
Jun 20201,20514,85234.901.69$67,159
May 20201,64414,71816.921.81$54,526
Apr 20201,29614,47814.751.80$45,240
Mar 20201,30014,72430.341.86$66,773
Feb 20201,56413,28849.881.98$104,331
Jan 20201,32314,62157.252.09$106,369
Dec 20191,43614,68959.012.30$118,587
Nov 20191,47114,48655.302.75$121,193
Oct 20191,36013,89553.472.42$106,325
Sep 20191,55614,01655.052.66$122,902
Aug 20191,79014,39753.112.30$128,243
Jul 20192,94221,51356.272.46$218,470
Jun 20192,21322,67352.782.49$173,285
May 20191,52017,73658.482.74$137,492
Apr 20191,97025,29862.632.75$192,968
Mar 20192,46426,75256.803.06$221,873
Feb 20191,75724,71350.852.79$158,348
Jan 20192,41629,53846.033.23$206,562
Dec 20182,45330,61346.594.19$242,414
Nov 20182,68727,33352.934.24$258,039
Oct 20182,76134,98561.443.40$288,518
Sep 20181,58019,46159.543.11$154,558
Aug 20182,72532,96559.403.07$262,954
Jul 20182,69434,34565.142.93$276,183
Jun 20182,91732,87760.183.08$276,705
May 20182,88136,02665.382.90$292,864
Apr 20183,21636,02463.842.90$309,808
Mar 20183,49339,12661.222.79$322,879
Feb 20182,90436,40361.782.77$280,104
Jan 20183,67641,83562.874.01$398,840
Dec 20173,42841,69457.272.92$318,131
Nov 20173,45440,98655.423.12$319,230
Oct 20173,63240,13349.292.98$298,765
Sep 20173,40943,09147.523.09$295,030
Aug 20173,61139,74845.373.00$283,250
Jul 20173,517043.873.09$154,291
Jun 20173,30736,82042.493.09$254,188
May 20173,69237,23145.373.26$289,006
Apr 20173,47137,21347.933.21$285,878
Mar 20173,86139,09746.772.98$297,232
Feb 20174,27335,80150.452.95$321,279
Jan 20174,52344,09749.413.42$374,240
Dec 20165,35249,22248.763.72$444,209
Nov 20165,34548,80542.492.64$356,167
Oct 20168,315100,28646.193.09$693,980
Sep 201612,715116,53241.553.10$889,631
Aug 20162,16817,02241.442.92$139,620

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.

Aug 2020 — as filed, then multipliedworked
Oil                1,760 bbl  × $ 39.98 =    $70,365
Casinghead gas    15,949 Mcf  × $  2.39 =    $38,040

────────────────────────────────────────────────────
Month total                                 $108,405

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/48178 is the state's own key, not one this site invented.