SHOCKWAVE B

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 60569District 08Field 71052900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$46.8 M
Mar 2023 – May 2026
Value, last 12 filed months
$7.6 M
at the published price for each month
Months reported
39
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
OilDisposition590,204 bbl$44,188,291
Casinghead gasProduction964,148 Mcf$2,605,351
Total$46,793,643

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 31.9224, -103.3732. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.92240, -103.37317 · 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
12,526 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 12,526 ft.

Completions filed
Mar 2023
1 of 1 wells

1 well

42-301358692104H12,526 ftMar 2023

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 (39)

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

39 months

May 20265,93910,379106.413.05$663,582
Apr 20267,38811,07698.932.87$762,680
Mar 20268,12712,15089.753.15$767,664
Feb 20266,79028363.503.75$432,226
Jan 20268,37412,64659.138.00$596,296
Dec 20258,36113,31556.664.41$532,498
Nov 20257,17612,21858.593.93$468,415
Oct 20258,62116,63459.383.30$566,888
Sep 202510,54517,19862.743.08$714,510
Aug 202510,37617,06063.933.01$714,769
Jul 202510,40417,55966.743.32$752,575
Jun 20258,55215,87666.483.13$618,209
May 20254,0385,47360.553.23$262,191
Apr 20257,3768,55562.363.54$490,279
Mar 20259,49310,83967.704.27$688,940
Feb 20259,72510,32570.884.34$734,127
Jan 202510,30312,64574.324.28$819,823
Dec 20249,58514,92668.993.12$707,859
Nov 202411,13212,55569.052.20$796,266
Oct 202411,90618,90171.372.28$892,852
Sep 202413,87225,67969.612.36$1,026,344
Aug 202413,88234,96275.632.06$1,122,044
Jul 202413,76621,93879.932.15$1,147,408
Jun 202413,69522,71378.082.63$1,129,131
May 202419,732078.812.20$1,555,079
Apr 202423,00150,95984.451.66$2,026,986
Mar 202416,72333,91080.301.55$1,395,252
Feb 202420,51137,23276.091.78$1,627,090
Jan 202421,26336,52573.023.30$1,673,071
Dec 202320,71941,38971.262.61$1,584,491
Nov 202320,03541,12577.892.81$1,675,987
Oct 202324,50847,67385.443.09$2,241,143
Sep 202322,85744,94489.042.74$2,158,111
Aug 202329,89150,36480.522.67$2,541,440
Jul 202331,99648,86674.852.64$2,523,995
Jun 202333,87657,85868.962.26$2,466,760
May 202326,70941,76370.622.23$1,979,212
Apr 202337,66555,16078.122.24$3,065,825
Mar 202311,29220,47572.852.39$871,622

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                5,939 bbl  × $106.41 =   $631,969
Casinghead gas    10,379 Mcf  × $  3.05 =    $31,613

────────────────────────────────────────────────────
Month total                                 $663,582

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/60569 is the state's own key, not one this site invented.