TXL T2

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

Oil lease lease 19698District 7CField 85279200OilCasinghead gasSaveExport
Value, all time
$50.7 M
Oct 2017 – May 2026
Value, last 12 filed months
$2.2 M
at the published price for each month
Months reported
104
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 7,461 leases and 22,481 wells, and the rule below applies to all of them.

Discovered
1904-12-31
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 80 acres. The field rule took effect on 2016-03-08.

The Commission's schedule remark for this field reads: AREA) 85279200.

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
OilDisposition762,933 bbl$45,119,941
Casinghead gasProduction1,859,949 Mcf$5,582,387
Total$50,702,327

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 31.5622, -102.1694. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.56224, -102.16937 · 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
9,165 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 9,165 ft.

Completions filed
Oct 2017
1 of 1 wells

1 well

42-461405142731AH9,165 ftOct 2017

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 (104)

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

104 months

May 20261,61518,548106.413.05$228,346
Apr 20261,63918,04798.932.87$213,936
Mar 20261,57416,38789.753.15$192,876
Feb 20261,86316,15663.503.75$178,891
Jan 20261,75915,34959.138.00$226,770
Dec 20251,77117,42556.664.41$177,248
Nov 20251,58717,14058.593.93$160,282
Oct 20252,15319,01559.383.30$190,687
Sep 20251,63517,06162.743.08$155,075
Aug 20251,50117,40063.933.01$148,416
Jul 20251,65518,79166.743.32$172,751
Jun 20251,63113,80466.483.13$151,618
May 20251,50114,67960.553.23$138,333
Apr 20252,06520,02162.363.54$199,710
Mar 20252,92419,09267.704.27$279,446
Feb 20252,40812,87870.884.34$226,580
Jan 20252,80714,95274.324.28$272,591
Dec 20242,59114,57468.993.12$224,244
Nov 20241,70910,74869.052.20$141,635
Oct 20243,35516,20771.372.28$276,421
Sep 20242,85812,62169.612.36$228,786
Aug 20242,61212,07775.632.06$222,468
Jul 20242,38112,07379.932.15$216,229
Jun 20242,4339,90478.082.63$216,056
May 20242,928078.812.20$230,756
Apr 20243,25014,23084.451.66$298,073
Mar 20243,40614,72680.301.55$296,255
Feb 20243,62313,59176.091.78$299,916
Jan 20243,81012,76473.023.30$320,298
Dec 20233,96113,65071.262.61$317,897
Nov 20233,74013,92677.892.81$330,407
Oct 20233,66615,94185.443.09$362,437
Sep 20233,83614,57089.042.74$381,407
Aug 20233,53814,39180.522.67$323,345
Jul 20233,35014,24374.852.64$288,375
Jun 20233,43011,68668.962.26$262,925
May 20233,6231,35870.622.23$258,881
Apr 20233,452078.122.24$269,670
Mar 20232,7109,42772.852.39$219,984
Feb 20232,1237,34575.112.47$177,569
Jan 20231,5956,00276.533.39$142,398
Dec 20222,3088,00376.415.73$222,204
Nov 20223,4871,84085.005.65$306,784
Oct 20223,7724,83787.185.86$357,206
Sep 20222,2241,88584.888.16$204,162
Aug 20223,0961,20494.529.13$303,623
Jul 20224,7372,347101.587.54$498,886
Jun 20223,557940115.097.98$416,874
May 20222882,883109.378.43$55,811
Apr 20221,1186,692104.226.84$162,275
Mar 20222,85812,561108.885.08$374,944
Feb 20222,95512,90491.054.86$331,751
Jan 20223,31912,61581.844.54$328,870
Dec 20213,3817,01871.323.90$268,497
Nov 20212,7946,78277.435.24$251,856
Oct 20213,4726,40379.795.71$313,617
Sep 20213,4266,66869.865.35$275,020
Aug 20214,0873,44566.024.22$284,364
Jul 20213,7672,07070.783.98$274,871
Jun 20211,47785469.493.38$105,524
May 20211496163.483.02$9,643
Apr 2021447060.362.76$26,981
Mar 202128837661.302.72$18,676
Feb 20213,62513,55457.805.55$284,722
Jan 20218,45126,27550.412.81$499,855
Dec 20207,87126,73344.642.68$422,885
Nov 20208,12124,36838.772.71$380,805
Oct 20207,97125,56936.972.48$358,059
Sep 20207,86823,03337.091.99$337,684
Aug 20208,37524,40339.982.39$393,036
Jul 20208,79624,73738.371.83$382,651
Jun 20209,37822,77134.901.69$365,782
May 20208,86623,60716.921.81$192,854
Apr 20208,23931,42514.751.80$178,228
Mar 202010,47135,89130.341.86$384,312
Feb 202010,20533,26649.881.98$574,914
Jan 202011,37636,35557.252.09$727,430
Dec 201911,02135,53959.012.30$732,244
Nov 201912,13230,96655.302.75$756,078
Oct 201912,34041,07253.472.42$759,154
Sep 201912,04739,11155.052.66$767,116
Aug 201912,87841,85153.112.30$780,390
Jul 201912,90141,89756.272.46$829,008
Jun 201912,70238,47652.782.49$766,263
May 201912,20436,67858.482.74$814,199
Apr 201910,72332,47262.632.75$760,902
Mar 201910,71630,37656.803.06$701,683
Feb 201911,32928,35150.852.79$655,242
Jan 201914,54330,89146.033.23$769,136
Dec 201816,81429,80746.594.19$908,120
Nov 201819,38034,42352.934.24$1,171,642
Oct 201820,10735,05961.443.40$1,354,507
Sep 201818,82028,74959.543.11$1,209,895
Aug 201816,94527,78559.403.07$1,091,737
Jul 201819,03932,71065.142.93$1,336,102
Jun 201819,50426,46960.183.08$1,255,194
May 201822,51426,25965.382.90$1,548,137
Apr 201823,31124,04863.842.90$1,557,933
Mar 201827,07625,16661.222.79$1,727,726
Feb 201826,48124,20261.782.77$1,702,942
Jan 201829,90524,39662.874.01$1,977,939
Dec 201729,84125,08757.272.92$1,782,286
Nov 201724,36521,88655.423.12$1,418,557
Oct 201720,60719,04949.292.98$1,072,555

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                1,615 bbl  × $106.41 =   $171,852
Casinghead gas    18,548 Mcf  × $  3.05 =    $56,494

────────────────────────────────────────────────────
Month total                                 $228,346

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/19698 is the state's own key, not one this site invented.