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TAYLOR N

Operated by COG OPERATING LLC (P-5 166150) 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 54986District 08Field 71052900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$44.2 M
May 2020 – May 2026
Value, last 12 filed months
$3.6 M
at the published price for each month
Months reported
73
no gaps in the span
Streams
2
oil, casinghead gas

The PHANTOM (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 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
OilDisposition605,831 bbl$39,309,427
Casinghead gasProduction1,387,736 Mcf$4,844,285
Total$44,153,711

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 31.8931, -103.4770. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.89312, -103.47702 · 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
12,267 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 12,267 ft.

Completions filed
May 2020
1 of 1 wells

1 well

42-301344041703H12,267 ftMay 2020——

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 (73)

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

73 months

May 20263,61412,439106.413.05$422,453
Apr 20263,95113,16598.932.87$428,652
Mar 20263,68013,07289.753.15$371,449
Feb 20263,0099,16863.503.75$225,454
Jan 20262,8879,22859.138.00$244,513
Dec 20253,91113,46856.664.41$281,036
Nov 20253,84112,51358.593.93$274,176
Oct 20253,97714,03559.383.30$282,538
Sep 20254,00214,36062.743.08$295,270
Aug 20253,98415,07863.933.01$300,154
Jul 20253,77212,95966.743.32$294,705
Jun 20252,7839,24366.483.13$213,933
May 20253,52211,08460.553.23$249,084
Apr 20253,86613,16662.363.54$287,732
Mar 20254,98211,79867.704.27$387,639
Feb 20254,68112,68670.884.34$386,857
Jan 20255,62520,25074.324.28$504,693
Dec 20244,79116,58668.993.12$382,302
Nov 20245,38818,31569.052.20$412,306
Oct 20246,34317,63271.372.28$492,926
Sep 20246,55819,37069.612.36$502,300
Aug 20246,28219,33575.632.06$515,008
Jul 20246,67824,33579.932.15$586,010
Jun 20247,17121,66478.082.63$616,974
May 20244,853078.812.20$382,465
Apr 20243,95610,82184.451.66$352,038
Mar 20244,50514,48680.301.55$384,134
Feb 20244,44513,69676.091.78$362,649
Jan 20244,46511,40673.023.30$363,647
Dec 20235,16013,51371.262.61$402,980
Nov 20234,39812,12577.892.81$376,602
Oct 20235,19814,61385.443.09$489,232
Sep 20235,43914,43489.042.74$523,766
Aug 20236,09014,50780.522.67$529,142
Jul 20235,11311,09474.852.64$412,016
Jun 20234,96713,38368.962.26$372,750
May 20236,27915,44070.622.23$477,814
Apr 20236,61115,76978.122.24$551,739
Mar 20237,05715,94672.852.39$552,264
Feb 20236,56413,53175.112.47$526,385
Jan 20236,1388,95876.533.39$500,088
Dec 20226,25514,60576.415.73$561,618
Nov 20227,20819,33785.005.65$721,861
Oct 20227,36922,12187.185.86$772,142
Sep 20227,44723,76784.888.16$826,128
Aug 20228,29716,81894.529.13$937,733
Jul 20227,75215,039101.587.54$900,874
Jun 20227,60314,564115.097.98$991,209
May 20227,58415,798109.378.43$962,687
Apr 20227,71514,445104.226.84$902,826
Mar 20227,38714,101108.885.08$875,879
Feb 20225,47910,39591.054.86$549,371
Jan 20226,07710,74581.844.54$546,099
Dec 20219,05022,03871.323.90$731,375
Nov 20219,16617,58677.435.24$801,819
Oct 202110,47819,22779.795.71$945,900
Sep 202110,66920,27369.865.35$853,816
Aug 202111,42821,57266.024.22$845,523
Jul 202112,56124,27970.783.98$985,749
Jun 202113,08025,53369.493.38$995,247
May 202115,28730,51563.483.02$1,062,503
Apr 202115,25530,76860.362.76$1,005,663
Mar 202116,55734,46261.302.72$1,108,575
Feb 202111,15422,71757.805.55$770,734
Jan 202117,37333,36750.412.81$969,543
Dec 202019,27637,93744.642.68$961,980
Nov 202019,71635,72838.772.71$861,090
Oct 202021,37641,09936.972.48$892,132
Sep 202021,68443,65637.091.99$891,180
Aug 202024,95349,30339.982.39$1,115,214
Jul 202027,53554,47338.371.83$1,155,938
Jun 202026,45351,92034.901.69$1,010,971
May 20206,07110,87716.921.81$122,460

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                3,614 bbl  × $106.41 =   $384,566
Casinghead gas    12,439 Mcf  × $  3.05 =    $37,887

────────────────────────────────────────────────────
Month total                                 $422,453

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/54986 is the state's own key, not one this site invented.