TXL T3

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 19702District 7CField 85279200OilCasinghead gasSaveExport
Value, all time
$40.6 M
Oct 2017 – May 2026
Value, last 12 filed months
$1.7 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
OilDisposition556,996 bbl$32,736,999
Casinghead gasProduction2,711,220 Mcf$7,912,411
Total$40,649,409

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 31.5624, -102.1684. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.56245, -102.16843 · 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
9,459 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 9,459 ft.

Completions filed
Oct 2017
1 of 1 wells

1 well

42-461405152702BH9,459 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 202678224,181106.413.05$156,864
Apr 202675323,10798.932.87$140,805
Mar 202673421,28289.753.15$132,903
Feb 202682921,77563.503.75$134,305
Jan 202673720,95459.138.00$211,167
Dec 202573123,43356.664.41$144,837
Nov 202574022,99858.593.93$133,657
Oct 202588625,50259.383.30$136,891
Sep 202578622,72762.743.08$119,243
Aug 202574624,10463.933.01$120,360
Jul 202566625,28866.743.32$128,284
Jun 202562518,47666.483.13$99,356
May 202593016,39360.553.23$109,299
Apr 20251,00120,06862.363.54$133,526
Mar 20251,20522,11567.704.27$175,972
Feb 202599411,88070.884.34$122,024
Jan 20251,30415,68274.324.28$164,012
Dec 20241,18120,90568.993.12$146,729
Nov 202477214,73269.052.20$85,694
Oct 20241,51022,36471.372.28$158,790
Sep 20241,28917,65569.612.36$131,470
Aug 20241,20512,04475.632.06$115,989
Jul 20241,20510,57479.932.15$119,014
Jun 20241,3398,20578.082.63$126,161
May 20241,479078.812.20$116,560
Apr 20241,34514,77084.451.66$138,092
Mar 20241,33915,03280.301.55$130,748
Feb 20241,50615,35076.091.78$141,970
Jan 20241,54015,68973.023.30$164,188
Dec 20231,58616,44271.262.61$155,944
Nov 20231,06616,21077.892.81$128,541
Oct 20231,80217,87985.443.09$209,160
Sep 20231,83116,68389.042.74$208,661
Aug 20231,72816,45680.522.67$183,123
Jul 20231,77916,85874.852.64$177,694
Jun 20231,83317,25268.962.26$165,367
May 20231,90830,48970.622.23$202,654
Apr 20231,91132,62978.122.24$222,303
Mar 20232,4489,17972.852.39$200,304
Feb 20232,1466,30275.112.47$176,725
Jan 20231,9866,75576.533.39$174,873
Dec 20222,77510,30476.415.73$271,070
Nov 20222,2455,92685.005.65$224,284
Oct 20221,8846,87887.185.86$204,578
Sep 20221,3491,80084.888.16$129,198
Aug 20221,3141,14094.529.13$134,604
Jul 20221,5921,279101.587.54$171,362
Jun 2022793911115.097.98$98,534
May 202258770109.378.43$12,837
Apr 20222271,789104.226.84$35,890
Mar 20226503,421108.885.08$88,138
Feb 20225846,70791.054.86$85,761
Jan 20226732,05981.844.54$64,421
Dec 20217184,05871.323.90$67,030
Nov 20211,1503,55377.435.24$107,651
Oct 20211,4283,35379.795.71$133,099
Sep 20211,1952,95469.865.35$99,289
Aug 20211,3721,85166.024.22$98,392
Jul 202146261270.783.98$35,137
Jun 202138623369.493.38$27,611
May 202148063.483.02$3,047
Apr 20210060.362.76$0
Mar 202152061.302.72$3,188
Feb 20214947,28757.805.55$68,981
Jan 20213,33248,02750.412.81$302,935
Dec 20203,64247,83644.642.68$290,562
Nov 20203,03349,06738.772.71$250,393
Oct 20203,30451,05636.972.48$248,688
Sep 20203,28451,77937.091.99$224,898
Aug 20203,43954,98539.982.39$268,636
Jul 20203,29948,64938.371.83$215,373
Jun 20203,36843,17034.901.69$190,514
May 20203,29153,78116.921.81$153,283
Apr 20204,53740,05514.751.80$139,195
Mar 20205,06728,81030.341.86$207,211
Feb 20205,09727,62449.881.98$308,952
Jan 20205,48430,45957.252.09$377,763
Dec 20195,21829,72059.012.30$376,400
Nov 20195,12132,25655.302.75$371,918
Oct 20195,12742,84353.472.42$377,758
Sep 20195,94943,62455.052.66$443,414
Aug 20196,61247,72553.112.30$461,139
Jul 20197,03653,12456.272.46$526,604
Jun 20198,22649,35552.782.49$557,121
May 20199,75653,35958.482.74$716,752
Apr 20199,79660,61962.632.75$780,268
Mar 201911,14756,33056.803.06$805,638
Feb 201910,39847,53750.852.79$661,472
Jan 201912,17154,24146.033.23$735,331
Dec 201811,54752,48046.594.19$757,627
Nov 201811,50049,30352.934.24$817,604
Oct 201812,71452,38761.443.40$959,163
Sep 201814,85155,85359.543.11$1,057,820
Aug 201816,18057,49259.403.07$1,137,395
Jul 201817,56460,69565.142.93$1,322,069
Jun 201818,56759,52660.183.08$1,300,519
May 201820,14360,98165.382.90$1,493,843
Apr 201821,21059,08463.842.90$1,525,437
Mar 201825,77253,89661.222.79$1,727,961
Feb 201827,74552,68761.782.77$1,859,825
Jan 201836,91161,24362.874.01$2,566,137
Dec 201738,22039,01457.272.92$2,302,840
Nov 201735,41334,01555.423.12$2,068,659
Oct 201728,29319,22949.292.98$1,451,935

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                  782 bbl  × $106.41 =    $83,213
Casinghead gas    24,181 Mcf  × $  3.05 =    $73,651

────────────────────────────────────────────────────
Month total                                 $156,864

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/19702 is the state's own key, not one this site invented.