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COVINGTON 34-224

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

Oil lease lease 48302District 08Field 80544500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$21.8 M
Nov 2016 – May 2026
Value, last 12 filed months
$1.2 M
at the published price for each month
Months reported
115
no gaps in the span
Streams
2
oil, casinghead gas

The SANDBAR (BONE SPRING) 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 1,654 leases and 2,003 wells, and the rule below applies to all of them.

Discovered
2010-09-15
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 2015-08-25.

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: “DKT08-0319479 ORDER NUNC PRO TUNC REGARDING SWR13”

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
OilDisposition270,185 bbl$17,518,427
Casinghead gasProduction1,152,376 Mcf$4,249,190
Total$21,767,617

Wells on this lease (4)

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 31.5791, -103.3868. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.6 miles.

31.57907, -103.38658 · 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
25.0%
1 of 4 wells
With a plug date
25.0%
1 of 4 wells
Median depth
10,894 ft
4 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
125.0%
A plug date is filed
125.0%
BothOn the schedule and plugged. Neither fact cancels the other.
125.0%
NeitherNo plug date, and not on the schedule.
375.0%

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 10,964 ft, median 10,894 ft, over the 4 wells that filed a depth.

Completions filed
May 2012 – Jan 2014
4 of 4 wells
Plug dates filed
Jun 2018
1 of 4 wells; 3 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.

4 wells

42-475365184H10,833 ftJan 2014Jun 2018Yes
42-475361682H10,925 ftNov 2012——
42-475361833H10,862 ftNov 2012——
42-475357141H10,964 ftMay 2012——

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 (115)

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

115 months

May 20261,2312,980106.413.05$140,067
Apr 20261,6782,72898.932.87$173,833
Mar 20261,9755,24989.753.15$193,788
Feb 20261,3051,90063.503.75$89,993
Jan 202655528759.138.00$35,113
Dec 20257456,22156.664.41$69,667
Nov 20256683,73458.593.93$53,799
Oct 20254503,64559.383.30$38,767
Sep 20256674,25862.743.08$54,949
Aug 20251,0067,26063.933.01$86,201
Jul 20251,38211,28266.743.32$129,637
Jun 20251,01212,17766.483.13$105,376
May 20251,1309,34560.553.23$98,628
Apr 20251,57612,38862.363.54$142,172
Mar 20252,33813,79767.704.27$217,173
Feb 20251,0357,65870.884.34$106,603
Jan 20251,9719,19474.324.28$185,823
Dec 20242,2269,01868.993.12$181,720
Nov 20242,31410,11269.052.20$182,012
Oct 20241,8908,00771.372.28$153,156
Sep 20242,11411,13769.612.36$173,487
Aug 20244,8968,81375.632.06$388,471
Jul 20241,9467,82879.932.15$172,347
Jun 20249962,01178.082.63$83,065
May 20245622,52678.812.20$49,844
Apr 20247503,50184.451.66$69,146
Mar 20247933,97980.301.55$69,826
Feb 20241,8907,70376.091.78$157,549
Jan 20241,0394,51873.023.30$90,767
Dec 20239636,09171.262.61$84,525
Nov 20231,2747,27977.892.81$119,668
Oct 20232,3609,07785.443.09$229,662
Sep 20232,5069,99889.042.74$250,479
Aug 20232,99811,56580.522.67$272,311
Jul 20232,82011,04974.852.64$240,266
Jun 20232,06811,45068.962.26$168,469
May 20231,3437,79870.622.23$112,212
Apr 20232,17611,94078.122.24$196,708
Mar 20231,91811,53372.852.39$167,327
Feb 20231,72210,31975.112.47$154,783
Jan 20232,14712,94076.533.39$208,147
Dec 20222,63813,32576.415.73$277,910
Nov 20222,88214,17485.005.65$324,999
Oct 20222,93515,77787.185.86$348,386
Sep 20223,34316,33184.888.16$417,075
Aug 20223,52318,81094.529.13$504,676
Jul 20223,13219,557101.587.54$465,649
Jun 20223,17518,081115.097.98$509,647
May 20223,53323,433109.378.43$584,016
Apr 20224,10422,932104.226.84$584,519
Mar 20224,31920,551108.885.08$574,578
Feb 20223,14218,29591.054.86$374,972
Jan 20223,52722,76181.844.54$391,932
Dec 20211,4064,08271.323.90$116,192
Nov 20211,6124,73777.435.24$149,624
Oct 20211,9944,27879.795.71$183,545
Sep 20211,9847,86769.865.35$180,698
Aug 20213,15915,10766.024.22$272,318
Jul 20213,29914,47770.783.98$291,152
Jun 20211,2406,50969.493.38$108,172
May 20218063.483.02$508
Apr 20211,80910,43960.362.76$137,986
Mar 20212,08311,40261.302.72$158,666
Feb 20211,98910,02457.805.55$170,577
Jan 20211,35210,66150.412.81$98,115
Dec 20204817844.642.68$2,619
Nov 20206653,89138.772.71$36,313
Oct 20202,96716,85636.972.48$151,466
Sep 20201,13015,86737.091.99$73,504
Aug 202096817,18839.982.39$79,696
Jul 20201,5729,86938.371.83$78,330
Jun 20202,59615,95334.901.69$117,566
May 20202,77117,14916.921.81$78,006
Apr 20201,0065,83714.751.80$25,371
Mar 20205052,72130.341.86$20,373
Feb 20201,1143,75849.881.98$63,010
Jan 20203,39612,52757.252.09$220,662
Dec 20194,40513,84059.012.30$291,831
Nov 20192,2817,81355.302.75$147,631
Oct 20192,6699,35053.472.42$165,325
Sep 20191,6476,48355.052.66$107,895
Aug 20191,6166,78553.112.30$101,461
Jul 20191,8114,02756.272.46$111,812
Jun 20191,5684,24852.782.49$93,342
May 20191,9965,90058.482.74$132,894
Apr 20191,9775,10662.632.75$137,865
Mar 20191,7175,05256.803.06$112,995
Feb 20192,6409,61950.852.79$161,102
Jan 20193,55613,17846.033.23$206,224
Dec 20182,3207,37346.594.19$138,948
Nov 20181,5793,48552.934.24$98,343
Oct 20181,7506,62261.443.40$130,022
Sep 20183,4809,54759.543.11$236,871
Aug 20182,4777,34359.403.07$169,652
Jul 20183,44610,49565.142.93$255,243
Jun 20183,23211,32560.183.08$229,348
May 20182,96910,40065.382.90$224,282
Apr 20182,35811,63563.842.90$184,286
Mar 20183,27411,50461.222.79$232,494
Feb 20183,56111,62561.782.77$252,155
Jan 20184,23013,20162.874.01$318,867
Dec 20173,74611,88757.272.92$249,262
Nov 20173,74612,45355.423.12$246,436
Oct 20171,0392,93949.292.98$59,981
Sep 20172,5176,27547.523.09$138,981
Aug 20174,40913,11445.373.00$239,436
Jul 20175,21217,57243.873.09$282,900
Jun 20174,48815,05142.493.09$237,162
May 20174,05813,61345.373.26$228,536
Apr 20174,20414,84247.933.21$249,164
Mar 20175,29717,44346.772.98$299,785
Feb 20175,30115,68250.452.95$313,738
Jan 20175,82317,01449.413.42$345,882
Dec 20164,98113,59948.763.72$293,500
Nov 20165,44415,23742.492.64$271,608

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
Oil                1,231 bbl  × $106.41 =   $130,991
Casinghead gas     2,980 Mcf  × $  3.05 =     $9,077

────────────────────────────────────────────────────
Month total                                 $140,067

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/48302 is the state's own key, not one this site invented.