STATE GLASS

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

Oil lease lease 17150District 7CField 70279100OilCasinghead gasSaveExport
Value, all time
$35.2 M
May 2010 – May 2026
Value, last 12 filed months
$369 k
at the published price for each month
Months reported
193
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 165 leases and 521 wells, and the rule below applies to all of them.

Discovered
2010-04-20
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 2013-11-12.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA REMAINS SUSPENDED.

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
OilDisposition431,171 bbl$31,350,752
Casinghead gasProduction1,094,998 Mcf$3,801,336
Total$35,152,088

Every month this lease reported (193)

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

193 months

May 2026372849106.413.05$42,170
Apr 2026092298.932.87$2,646
Mar 202618296889.753.15$19,383
Feb 20263741,46563.503.75$29,243
Jan 20265571,99259.138.00$48,867
Dec 20257602,11256.664.41$52,383
Nov 20253761,81658.593.93$29,160
Oct 20251842,11159.383.30$17,902
Sep 20253701,56462.743.08$28,026
Aug 20253711,58063.933.01$28,481
Jul 20253661,48066.743.32$29,333
Jun 20255611,39166.483.13$41,647
May 20253671,56160.553.23$27,268
Apr 20257402,60462.363.54$55,373
Mar 20251,2463,92467.704.27$101,103
Feb 20251,0772,78670.884.34$88,431
Jan 20259342,92174.324.28$81,913
Dec 20247412,93768.993.12$60,289
Nov 20243762,41769.052.20$31,276
Oct 20247401,52971.372.28$56,302
Sep 20243741,19969.612.36$28,869
Aug 20247213,03075.632.06$60,782
Jul 20241,0704,47179.932.15$95,123
Jun 20241,2593,44378.082.63$107,372
May 20241,2485,67178.812.20$110,822
Apr 20241,4625,35884.451.66$132,356
Mar 20241,2803,83880.301.55$108,714
Feb 20241,1063,01876.091.78$89,539
Jan 20241,4723,20773.023.30$118,061
Dec 20231,4342,39771.262.61$108,445
Nov 20231,4741,88777.892.81$120,108
Oct 20239041,06085.443.09$80,510
Sep 20237211,01189.042.74$66,963
Aug 202371896180.522.67$60,382
Jul 20232,1241,11574.852.64$161,927
Jun 20231,06580668.962.26$75,263
May 20230070.622.23$0
Apr 20237251,32978.122.24$59,611
Mar 20231,0586,19072.852.39$91,889
Feb 20237294,50475.112.47$65,861
Jan 20231,0984,57776.533.39$99,536
Dec 20221,0995,02276.415.73$112,746
Nov 20221,0424,72085.005.65$115,220
Oct 20221,8134,82287.185.86$186,332
Sep 20223501,81784.888.16$44,541
Aug 20221,0802,20794.529.13$122,225
Jul 20221,3883,866101.587.54$170,151
Jun 20221,0774,016115.097.98$155,988
May 20221,0803,792109.378.43$150,098
Apr 20221,8054,053104.226.84$215,830
Mar 20221,7643,379108.885.08$209,217
Feb 20221,6462,99991.054.86$164,440
Jan 20221,5622,47481.844.54$139,060
Dec 20211,7041,98271.323.90$129,257
Nov 20211,0892,26377.435.24$96,172
Oct 20211,0572,08279.795.71$96,234
Sep 20211,7422,06169.865.35$132,724
Aug 20211,0892,56366.024.22$82,713
Jul 20212,0493,05470.783.98$157,189
Jun 20211,3542,51769.493.38$102,598
May 20211,6962,49863.483.02$115,200
Apr 20211,7432,48960.362.76$112,073
Mar 20212,1002,36161.302.72$135,145
Feb 20211,0101,64757.805.55$67,515
Jan 20211,8112,12450.412.81$97,262
Dec 20201,7402,18044.642.68$83,506
Nov 20201,4682,17038.772.71$62,788
Oct 20202,1722,21136.972.48$85,779
Sep 20201,4312,28837.091.99$57,631
Aug 20201,8032,11639.982.39$77,131
Jul 20202,1652,59138.371.83$87,800
Jun 20202,1752,53534.901.69$80,192
May 20202,1762,55816.921.81$41,460
Apr 20202,1882,11114.751.80$36,082
Mar 20201,7991,74030.341.86$57,812
Feb 20201,7821,48549.881.98$91,827
Jan 20202,1641,32457.252.09$126,662
Dec 20191,73497859.012.30$104,577
Nov 20191,43375355.302.75$81,316
Oct 20191,06087053.472.42$58,782
Sep 201971340055.052.66$40,314
Aug 20191,41782653.112.30$77,160
Jul 20191,4491,49756.272.46$85,218
Jun 201938497452.782.49$22,694
May 20191,0771,92158.482.74$68,247
Apr 20197092,18262.632.75$50,407
Mar 20191,7722,41056.803.06$108,029
Feb 20191,3932,53150.852.79$77,901
Jan 20192,1412,77846.033.23$107,518
Dec 20182,1682,85046.594.19$112,936
Nov 20181,4552,71052.934.24$88,496
Oct 20182,1212,91961.443.40$140,233
Sep 20182,8007659.543.11$166,948
Aug 20182,1193,30259.403.07$135,994
Jul 20182,4563,26465.142.93$169,554
Jun 20181,9283,36360.183.08$126,375
May 20182,6413,49665.382.90$182,810
Apr 20182,4903,70263.842.90$169,700
Mar 20182,4823,80861.222.79$162,560
Feb 20182,8213,35661.782.77$183,564
Jan 20182,4963,75562.874.01$171,979
Dec 20172,8643,91157.272.92$175,447
Nov 20172,4983,98555.423.12$150,866
Oct 20173,1984,26749.292.98$170,361
Sep 20172,4733,94247.523.09$129,687
Aug 20172,4584,04445.373.00$123,669
Jul 20172,8303,86043.873.09$136,069
Jun 20172,1223,69842.493.09$101,581
May 20173,1844,10645.373.26$157,858
Apr 20172,4833,75547.933.21$131,070
Mar 20172,4573,11346.772.98$124,202
Feb 201772082650.452.95$38,763
Jan 20177013,25749.413.42$45,771
Dec 20161,7598,99048.763.72$119,237
Nov 20162,0998,36542.492.64$111,307
Oct 20162,44010,22146.193.09$144,289
Sep 20162,09310,16441.553.10$118,479
Aug 20162,08410,69341.442.92$117,631
Jul 20162,40910,23341.622.92$130,187
Jun 20161,72310,38445.352.69$106,028
May 20162,28611,17242.521.99$119,445
Apr 20162,11311,48236.561.99$100,112
Mar 20162,54510,96333.011.79$103,678
Feb 20162,19510,53726.472.06$79,846
Jan 20163,09311,61727.352.36$112,060
Dec 20152,35512,35132.362.00$100,927
Nov 20152,90412,64638.792.17$140,054
Oct 20152,88115,11543.552.43$162,145
Sep 20153,21013,93442.992.76$176,434
Aug 20153,22512,53540.162.87$165,523
Jul 20152,1379,39548.152.95$130,566
Jun 20152,90010,15056.152.88$192,096
May 20152,90610,50555.212.96$191,487
Apr 20152,3837,76749.822.71$139,743
Mar 20152,9318,77042.892.93$151,448
Feb 20152,7097,79144.662.98$144,171
Jan 20153,3058,61543.433.10$170,248
Dec 20142,3849,22554.693.59$163,511
Nov 20143,1199,03070.464.25$258,159
Oct 20143,6419,93178.303.90$323,831
Sep 20141,9989,05786.164.05$208,787
Aug 20143,96111,29789.394.04$399,659
Jul 20142,94012,67396.564.18$336,854
Jun 20142,70710,22498.164.74$314,149
May 20143,1109,77094.734.73$340,789
Apr 20143,43510,57895.944.81$380,425
Mar 20143,51011,02195.895.06$392,305
Feb 20143,8089,01397.406.19$426,708
Jan 20144,1119,38190.404.86$417,233
Dec 20134,2869,33291.824.35$434,177
Nov 20133,4169,51988.853.74$339,096
Oct 20133,7539,53697.423.78$401,657
Sep 20133,7459,202104.113.72$424,103
Aug 20133,2428,360104.253.52$367,428
Jul 20133,59710,287102.523.72$407,009
Jun 20134,30011,90294.403.93$452,735
May 20134,2239,70094.834.15$440,713
Apr 20133,9098,57893.964.28$404,026
Mar 20135,81512,53593.623.91$593,448
Feb 20133,8419,88891.233.42$384,231
Jan 20135,38612,30891.603.42$535,450
Dec 20124,95911,27186.773.42$468,841
Nov 20124,70111,00286.953.62$448,634
Oct 20124,45410,44989.383.40$433,622
Sep 20123,1529,20994.672.92$325,275
Aug 20123,6289,80292.662.91$364,676
Jul 20122,5547,96285.133.02$241,474
Jun 20123,0369,29779.822.52$265,753
May 20123,6889,71891.612.49$362,039
Apr 20122,4579,966101.652.00$269,654
Mar 20123,82210,932105.052.22$425,793
Feb 20123,51211,010101.102.57$383,362
Jan 20124,56813,83198.092.73$485,890
Dec 20114,64116,26996.873.24$502,281
Nov 20115,80315,06795.723.31$605,354
Oct 20118,13818,02284.983.65$757,321
Sep 20115,39514,10783.623.99$507,358
Aug 20119,25621,79383.404.15$862,377
Jul 20114,97611,22194.144.52$519,129
Jun 20113,4288,17192.904.64$356,374
May 20113,1087,28598.134.40$337,077
Apr 20114,0379,446105.964.33$468,693
Mar 20113,8617,80096.364.06$403,693
Feb 20112,6285,73185.644.18$249,017
Jan 20113,2125,08686.504.59$301,177
Dec 20102,0994,66485.734.35$200,225
Nov 20102,3114,44580.843.80$203,691
Oct 20102,0924,90978.103.51$180,610
Sep 20101,9385,43772.633.98$162,393
Aug 20102,9265,94073.684.42$241,839
Jul 20102,2586,04772.554.74$192,459
Jun 20101,9135,42970.364.91$161,257
May 20102,5025,33571.124.24$200,537

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                  372 bbl  × $106.41 =    $39,585
Casinghead gas       849 Mcf  × $  3.05 =     $2,586

────────────────────────────────────────────────────
Month total                                  $42,170

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. 7C/O/17150 is the state's own key, not one this site invented.