PEGASUS FIELD UNIT 3

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 17154District 7CField 70279100OilCasinghead gasSave
Value, all time
$2.38 bn
May 2010 – May 2026
Value, last 12 filed months
$95.1 M
at the published price for each month
Months reported
193
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition30,453,912 bbl$1,888,435,287
Casinghead gasProduction144,081,542 Mcf$493,260,702
Total$2,381,695,988

Wells on this lease (77)

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 31.6317, -102.1419. A lease has no coordinate of its own — that point is the mean of its wells, and they span 5.5 miles.

31.64248, -102.14019 · 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
9.1%
7 of 77 wells
With a plug date
9.1%
7 of 77 wells
Median depth
10,750 ft
77 wells filed one
Completion to plug
14.4 years
median over 7 wells

What the state filed about each well

On the RRC proration schedule
79.1%
A plug date is filed
79.1%
BothOn the schedule and plugged. Neither fact cancels the other.
79.1%
NeitherNo plug date, and not on the schedule.
7090.9%

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

0k
2k
4k
6k
8k
10k
12k
15k
20k+

Total depth in feet, 77 of 77 wells. Median 10,750 ft, with the middle half between 9,627 and 10,940 ft; the shallowest is 8,731 ft and the deepest 13,200 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

00s
10s
20s

Last completion by decade, 77 of 77 wells, Jul 2005 – Mar 2022. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Jul 2005 – Mar 2022
77 of 77 wells
Plug dates filed
Jul 2021 – Dec 2025
7 of 77 wells; 70 filed none

Last completion to plug: a median of 14.4 years across the 7 wells that filed both dates, with the middle half between 12.9 years and 15.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

77 wells

42-461417022915LH8,867 ftMar 2022
42-461417032906LH8,912 ftFeb 2022
42-461417092503BH9,462 ftFeb 2022
42-461417182917LH8,831 ftJan 2022
42-461417172908LH8,918 ftJan 2022
42-461417102906BH9,488 ftDec 2021
42-461417152908BH9,485 ftDec 2021
42-461407991406LH8,735 ftJan 2019
42-461408001407LH8,731 ftJan 2019
42-461408011416LH8,828 ftJan 2019
42-461397964314H9,352 ftJun 2015
42-461399242110H9,367 ftJun 2015
42-461395914120H9,427 ftMay 2015
42-461395924119H9,409 ftMay 2015
42-461395834610H9,522 ftMar 2015
42-46139588614H9,618 ftFeb 2015
42-46138793231010,617 ftJan 2015
42-461394342917H9,469 ftOct 2014
42-461392811754H9,527 ftOct 2014
42-46138812460610,906 ftOct 2014Feb 2025Yes
42-461391694611H9,345 ftSep 2014
42-461392434915H9,735 ftJul 2014
42-461391733911H9,627 ftApr 2014
42-46138814211410,757 ftFeb 2014
42-46138621253110,910 ftAug 2013
42-46138648440810,965 ftAug 2013
42-46138622340511,111 ftJul 2013
42-46138620132111,066 ftJul 2013
42-46138566252510,733 ftJun 2013
42-46138447290710,964 ftJun 2013
42-46138537161810,750 ftJun 2013
42-46138556422511,014 ftMay 2013
42-46138565422110,775 ftMay 2013
42-46138348400610,790 ftMay 2013
42-46138445260710,870 ftApr 2013
42-46138441131910,715 ftApr 2013
42-46138541500711,124 ftApr 2013
42-46138497173010,986 ftMar 2013
42-46138444253010,837 ftMar 2013
42-46138349410910,945 ftFeb 2013
42-46138351230810,770 ftJan 2013
42-46138240201611,047 ftDec 2012
42-46138116201410,835 ftNov 2012
42-46138107390511,065 ftNov 2012
42-46138266241110,820 ftNov 2012
42-46138220450410,940 ftNov 2012
42-46138210172810,940 ftOct 2012
42-46138232220910,698 ftOct 2012
42-46138111491011,060 ftOct 2012
42-46138112460510,900 ftOct 2012
42-46138082422210,885 ftOct 2012
42-46138004172710,976 ftAug 2012
42-46138084421911,000 ftAug 2012
42-46137844252911,510 ftJul 2012
42-46137352422311,550 ftNov 2011
42-46137249252810,896 ftSep 2011
42-46137351431110,870 ftSep 2011
42-46137239140910,850 ftJul 2011Dec 2025Yes
42-46137234291311,011 ftJul 2011
42-46137193172910,750 ftMay 2011Feb 2025Yes
42-46137240132511,011 ftMay 2011
42-46103905230113,200 ftDec 2010
42-46136737253910,850 ftSep 2010
42-46136761173210,690 ftAug 2010
42-46136762210810,745 ftJul 2010
42-46136702290610,890 ftJun 2010Jun 2022Yes
42-46136340421810,335 ftNov 2009
42-46136338421710,204 ftNov 2009
42-46136147500610,416 ftOct 2009
42-46136146440510,226 ftSep 2009
42-46101854440210,410 ftJun 2008Jul 2023Yes
42-46103341400310,575 ftOct 2007
42-46103324410510,670 ftFeb 2007Dec 2025Yes
42-46103863170613,172 ftFeb 2007
42-46103355200310,424 ftOct 2006
42-461331882409W10,600 ftJul 2006
42-461033602009W10,590 ftJul 2005Jul 2021Yes

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 (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 202665,164918,423106.413.05$9,731,471
Apr 202660,791885,15998.932.87$8,554,212
Mar 202664,117897,00089.753.15$8,579,548
Feb 202659,406826,65463.503.75$6,872,498
Jan 202661,138851,97059.138.00$10,429,078
Dec 202571,517937,47456.664.41$8,189,563
Nov 202571,270949,66258.593.93$7,904,500
Oct 202574,878997,85159.383.30$7,743,994
Sep 202568,220896,82062.743.08$7,039,566
Aug 202565,417884,15863.933.01$6,847,633
Jul 202558,919842,31866.743.32$6,724,707
Jun 202559,332806,22266.483.13$6,466,834
May 202564,071847,15360.553.23$6,617,769
Apr 202565,650831,55962.363.54$7,040,247
Mar 202574,861858,92467.704.27$8,734,252
Feb 202573,690800,49570.884.34$8,697,968
Jan 202577,297896,99774.324.28$9,582,676
Dec 202486,215966,75568.993.12$8,965,573
Nov 202478,573962,53469.052.20$7,541,539
Oct 202488,5651,023,15971.372.28$8,655,119
Sep 202487,9891,069,03769.612.36$8,652,503
Aug 202490,0531,041,74575.632.06$8,960,485
Jul 202493,5091,042,36279.932.15$9,711,698
Jun 202493,4201,025,30778.082.63$9,994,872
May 2024103,8911,041,36478.812.20$10,477,026
Apr 202496,1271,057,22984.451.66$9,872,080
Mar 2024112,2191,166,21580.301.55$10,813,139
Feb 2024111,8261,128,24676.091.78$10,521,225
Jan 2024119,6811,173,22573.023.30$12,608,004
Dec 2023124,8851,222,18271.262.61$12,090,080
Nov 2023126,3911,210,94977.892.81$13,244,407
Oct 2023131,5071,251,68585.443.09$15,100,260
Sep 2023133,9301,248,26789.042.74$15,339,187
Aug 2023142,8041,302,99780.522.67$14,981,333
Jul 2023142,4241,302,50374.852.64$14,101,389
Jun 2023142,5021,253,07568.962.26$12,656,983
May 2023155,3101,291,93770.622.23$13,845,653
Apr 2023159,4551,235,14278.122.24$15,220,576
Mar 2023175,4381,258,88072.852.39$15,793,360
Feb 2023158,5811,061,64575.112.47$14,528,696
Jan 2023177,1041,243,72076.533.39$17,767,144
Dec 2022176,2081,218,95176.415.73$20,447,521
Nov 2022182,9421,258,69185.005.65$22,656,891
Oct 2022207,1991,379,95987.185.86$26,155,357
Sep 2022213,1381,383,98184.888.16$29,389,531
Aug 2022238,4021,431,17494.529.13$35,596,311
Jul 2022252,5051,388,338101.587.54$36,120,414
Jun 2022271,3391,387,146115.097.98$42,293,947
May 2022333,2931,429,192109.378.43$48,504,689
Apr 2022351,8541,329,694104.226.84$45,762,140
Mar 2022388,8571,382,311108.885.08$49,355,914
Feb 2022273,5341,082,68291.054.86$30,165,849
Jan 2022112,305838,93781.844.54$12,997,869
Dec 2021169,5491,029,81371.323.90$16,107,599
Nov 2021160,1141,008,52877.435.24$17,679,137
Oct 2021170,9261,042,66479.795.71$19,595,832
Sep 2021194,1281,264,03169.865.35$20,325,511
Aug 2021191,3981,346,98566.024.22$18,321,167
Jul 2021198,1811,355,11870.783.98$19,423,439
Jun 2021208,0441,341,16969.493.38$18,990,960
May 2021239,1911,394,80763.483.02$19,392,912
Apr 2021260,3541,369,02360.362.76$19,491,308
Mar 2021309,9061,396,92361.302.72$22,792,594
Feb 2021237,798932,02957.805.55$18,915,575
Jan 2021381,5481,105,69150.412.81$22,341,125
Dec 2020249,5651,088,91444.642.68$14,053,927
Nov 2020156,0301,044,13638.772.71$8,875,310
Oct 2020170,0051,119,70036.972.48$9,060,183
Sep 2020178,6891,104,20337.091.99$8,826,087
Aug 2020190,8161,084,37439.982.39$10,215,164
Jul 2020209,8201,089,01538.371.83$10,038,376
Jun 2020219,472976,00634.901.69$9,309,326
May 2020165,745957,02416.921.81$4,541,165
Apr 2020133,892913,17214.751.80$3,622,616
Mar 2020179,6611,144,55730.341.86$7,575,476
Feb 2020181,9781,065,74149.881.98$11,187,944
Jan 2020209,5631,226,26457.252.09$14,566,186
Dec 2019214,5061,206,93559.012.30$15,439,212
Nov 2019218,3341,174,74455.302.75$15,305,239
Oct 2019230,2241,286,37953.472.42$15,421,236
Sep 2019227,0001,224,42755.052.66$15,749,995
Aug 2019238,8691,233,53153.112.30$15,528,832
Jul 2019243,5831,252,86456.272.46$16,788,536
Jun 2019247,6341,177,90552.782.49$16,004,519
May 2019295,9931,309,84958.482.74$20,899,076
Apr 2019311,6671,260,18262.632.75$22,986,087
Mar 2019353,5481,295,90956.803.06$24,049,729
Feb 2019343,1101,144,75150.852.79$20,643,540
Jan 2019303,9211,127,31046.033.23$17,628,643
Dec 2018260,0231,031,76346.594.19$16,432,854
Nov 2018311,9941,231,14952.934.24$21,730,516
Oct 2018342,2391,319,30361.443.40$25,510,261
Sep 2018366,7931,310,73259.543.11$25,912,610
Aug 2018404,6281,350,36459.403.07$28,175,875
Jul 2018445,4131,314,55365.142.93$32,868,314
Jun 2018467,3541,201,80660.183.08$31,823,225
May 2018523,2441,198,97465.382.90$37,687,677
Apr 2018421,909981,50863.842.90$29,781,829
Mar 2018362,959837,23261.222.79$24,553,582
Feb 2018311,413818,20761.782.77$21,502,354
Jan 2018369,068921,90362.874.01$26,899,509
Dec 2017411,563993,66157.272.92$26,473,213
Nov 2017508,7221,087,83655.423.12$31,585,638
Oct 2017566,6121,064,01949.292.98$31,102,998
Sep 2017559,695960,02347.523.09$29,560,566
Aug 2017589,926955,46545.373.00$29,635,542
Jul 2017523,426844,92943.873.09$25,571,231
Jun 2017246,259581,20242.493.09$12,257,878
May 2017310,053764,79345.373.26$16,562,930
Apr 2017349,555771,93147.933.21$19,233,305
Mar 2017395,479792,02346.772.98$20,859,696
Feb 2017312,566594,69050.452.95$17,524,836
Jan 2017339,051572,81449.413.42$18,710,846
Dec 2016221,663473,43348.763.72$12,570,798
Nov 2016116,091422,01942.492.64$6,048,673
Oct 201668,723419,02246.193.09$4,469,202
Sep 201685,983482,69941.553.10$5,069,265
Aug 201698,443544,34841.442.92$5,671,337
Jul 2016100,218558,15741.622.92$5,803,314
Jun 2016102,170541,83945.352.69$6,088,697
May 2016114,470585,97942.521.99$6,033,972
Apr 2016107,617548,27736.561.99$5,026,119
Mar 2016122,080589,83133.011.79$5,088,024
Feb 2016124,944549,18726.472.06$4,440,586
Jan 2016149,375608,68827.352.36$5,524,564
Dec 2015140,085581,92432.362.00$5,697,819
Nov 2015156,950620,55338.792.17$7,433,034
Oct 2015178,757673,73743.552.43$9,419,744
Sep 2015193,515647,28742.992.76$10,104,699
Aug 2015215,200609,10140.162.87$10,392,069
Jul 2015250,149575,21448.152.95$13,738,726
Jun 2015222,679489,95656.152.88$13,915,900
May 2015181,078472,91155.212.96$11,394,981
Apr 2015170,291449,18249.822.71$9,699,640
Mar 2015137,036403,63542.892.93$7,062,026
Feb 2015104,631361,10644.662.98$5,747,541
Jan 2015119,107375,48543.433.10$6,337,057
Dec 2014115,763382,21454.693.59$7,703,747
Nov 2014136,194385,98570.464.25$11,237,376
Oct 2014122,374387,83578.303.90$11,094,813
Sep 201481,946309,78886.164.05$8,313,696
Aug 201496,964353,81089.394.04$10,095,278
Jul 201496,139289,22296.564.18$10,492,014
Jun 201477,594302,59798.164.74$9,049,993
May 201461,784268,13194.734.73$7,120,136
Apr 201459,579235,24195.944.81$6,847,311
Mar 201464,327233,18595.895.06$7,347,486
Feb 201434,848156,43797.406.19$4,362,853
Jan 201450,024177,71790.404.86$5,386,002
Dec 201337,633168,12891.824.35$4,187,572
Nov 201337,449206,26888.853.74$4,098,431
Oct 201342,307202,09297.423.78$4,885,326
Sep 201343,444184,803104.113.72$5,210,004
Aug 201346,194199,707104.253.52$5,519,214
Jul 201348,354211,208102.523.72$5,742,469
Jun 201342,860175,15194.403.93$4,734,925
May 201339,397181,87094.834.15$4,490,611
Apr 201338,410162,28993.964.28$4,304,021
Mar 201341,045177,20493.623.91$4,536,009
Feb 201334,745153,27091.233.42$3,693,956
Jan 201334,882148,49791.603.42$3,703,038
Dec 201235,340141,10286.773.42$3,549,043
Nov 201233,910137,08186.953.62$3,445,388
Oct 201232,571132,27989.383.40$3,360,902
Sep 201224,995101,37094.672.92$2,662,115
Aug 201219,00190,54592.662.91$2,023,952
Jul 201216,00970,41085.133.02$1,575,541
Jun 201213,46476,27979.822.52$1,266,846
May 201213,33574,90491.612.49$1,408,004
Apr 201213,92778,875101.652.00$1,573,177
Mar 201214,83884,579105.052.22$1,746,673
Feb 201216,26286,325101.102.57$1,865,964
Jan 201220,90789,56698.092.73$2,295,648
Dec 201122,10396,35496.873.24$2,453,280
Nov 201121,38193,39595.723.31$2,355,846
Oct 201126,46573,81284.983.65$2,518,302
Sep 201110,31761,08383.623.99$1,106,172
Aug 201119,69078,14183.404.15$1,966,378
Jul 201112,47351,06594.144.52$1,404,881
Jun 201110,66748,70592.904.64$1,216,950
May 201111,20047,56398.134.40$1,308,562
Apr 20119,97551,233105.964.33$1,278,958
Mar 201111,98950,32996.364.06$1,359,462
Feb 201111,03542,31885.644.18$1,121,926
Jan 201113,98054,49486.504.59$1,459,331
Dec 201017,90860,21185.734.35$1,797,035
Nov 201014,27450,26080.843.80$1,344,663
Oct 201016,35553,86778.103.51$1,466,339
Sep 201010,49942,28972.633.98$930,830
Aug 20109,23734,69373.684.42$833,903
Jul 20105,56525,53772.554.74$524,697
Jun 20106,31123,52270.364.91$559,544
May 20107,99927,52971.124.24$685,480

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               65,164 bbl  × $106.41 = $6,934,101
Casinghead gas   918,423 Mcf  × $  3.05 = $2,797,370

────────────────────────────────────────────────────
Month total                               $9,731,471

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/17154 is the state's own key, not one this site invented.