KAREN P1 UNIT

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 19882District 7CField 85279200OilCasinghead gasSaveExport
Value, all time
$62.5 M
Feb 2018 – May 2026
Value, last 12 filed months
$2.1 M
at the published price for each month
Months reported
100
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
OilDisposition785,613 bbl$48,190,708
Casinghead gasProduction4,498,407 Mcf$14,285,289
Total$62,475,997

Wells on this lease (3)

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 31.4082, -102.0248. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

31.40816, -102.02498 · 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 3 wells
With a plug date
0.0%
0 of 3 wells
Median depth
9,241 ft
3 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.
3100.0%

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

Between 9,198 and 9,393 ft, median 9,241 ft, over the 3 wells that filed a depth.

Completions filed
Feb 2018
3 of 3 wells

3 wells

42-461403875118BC9,393 ftFeb 2018
42-461403905102BH9,241 ftFeb 2018
42-461403915101BH9,198 ftFeb 2018

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 (100)

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

100 months

May 20261,85722,481106.413.05$266,077
Apr 20261,74224,70398.932.87$243,227
Mar 20261,49120,08589.753.15$197,074
Feb 20268479,50363.503.75$89,424
Jan 20261,41613,62159.138.00$192,668
Dec 20251,65416,76056.664.41$167,684
Nov 20251,84713,02558.593.93$159,358
Oct 20252,02017,13259.383.30$176,566
Sep 20251,48019,89262.743.08$154,061
Aug 20251,25217,19863.933.01$131,888
Jul 20251,04820,83066.743.32$138,999
Jun 20251,31229,08766.483.13$178,227
May 20251,64833,43560.553.23$207,859
Apr 20251,59827,33762.363.54$196,510
Mar 20251,81730,58067.704.27$253,536
Feb 20251,50222,91870.884.34$205,945
Jan 20251,55933,03874.324.28$257,224
Dec 20241,50032,17368.993.12$203,909
Nov 20241,66437,68269.052.20$197,741
Oct 20241,67338,26471.372.28$206,698
Sep 20241,77236,87569.612.36$210,535
Aug 20241,67843,69475.632.06$217,075
Jul 20241,84949,28079.932.15$253,575
Jun 20242,03736,47078.082.63$255,110
May 20242,240078.812.20$176,534
Apr 20241,59228,63584.451.66$181,956
Mar 20242,57738,24180.301.55$266,020
Feb 20242,54029,99876.091.78$246,774
Jan 20243,15131,41173.023.30$333,669
Dec 20233,41029,03871.262.61$318,807
Nov 20231,86619,50077.892.81$200,090
Oct 20232,03024,56585.443.09$249,282
Sep 20232,89232,07889.042.74$345,238
Aug 20233,32130,14480.522.67$347,978
Jul 20232,06025,38174.852.64$221,243
Jun 20232,16425,88468.962.26$207,688
May 20232,45624,40770.622.23$227,807
Apr 20233,08529,52578.122.24$307,070
Mar 20233,31728,70172.852.39$310,330
Feb 20233,14721,84775.112.47$290,239
Jan 20233,36021,73676.533.39$330,776
Dec 20223,16018,78776.415.73$349,088
Nov 20223,14023,14885.005.65$397,598
Oct 20223,07132,40387.185.86$457,733
Sep 20222,94334,01484.888.16$527,481
Aug 20223,05430,96094.529.13$571,241
Jul 20223,12720,489101.587.54$472,170
Jun 20223,74618,443115.097.98$578,251
May 20222,01023,191109.378.43$415,404
Apr 202200104.226.84$0
Mar 20222,95831,772108.885.08$483,354
Feb 20223,38638,79391.054.86$496,784
Jan 20224,15843,23181.844.54$536,459
Dec 20215,27849,49371.323.90$569,406
Nov 20213,45737,75577.435.24$465,393
Oct 20214,11449,36979.795.71$610,344
Sep 20213,58145,10269.865.35$491,506
Aug 20213,69547,36366.024.22$443,844
Jul 20216,18949,40670.783.98$634,796
Jun 20215,19649,73169.493.38$529,192
May 20215,40861,25963.483.02$528,159
Apr 20215,59147,51460.362.76$468,536
Mar 20213,20529,18561.302.72$275,760
Feb 20212,25920,17457.805.55$242,495
Jan 20215,73150,01750.412.81$429,461
Dec 20205,23347,46944.642.68$360,603
Nov 20206,19152,11038.772.71$381,064
Oct 20205,76052,17836.972.48$342,267
Sep 20206,84355,18637.091.99$363,684
Aug 20206,07450,66739.982.39$363,684
Jul 20205,71352,10038.371.83$314,297
Jun 20205,30340,72234.901.69$253,908
May 20205,04947,31916.921.81$171,301
Apr 20204,76742,55714.751.80$147,102
Mar 20204,67449,93730.341.86$234,504
Feb 20206,07354,81049.881.98$411,482
Jan 20207,17968,50857.252.09$554,504
Dec 20197,72667,09359.012.30$610,518
Nov 20197,39866,59855.302.75$592,301
Oct 20198,06071,02653.472.42$602,747
Sep 20198,00768,65855.052.66$623,229
Aug 20198,77075,04653.112.30$638,708
Jul 201910,47486,03556.272.46$801,023
Jun 201911,41694,67252.782.49$838,383
May 201912,22693,58258.482.74$971,421
Apr 201912,43091,10562.632.75$1,029,093
Mar 201912,94891,51856.803.06$1,015,684
Feb 201912,50181,19450.852.79$862,387
Jan 201913,92484,47246.033.23$913,613
Dec 201815,90382,02646.594.19$1,084,236
Nov 201818,80474,19452.934.24$1,309,674
Oct 201821,97689,23661.443.40$1,653,437
Sep 201821,96679,44659.543.11$1,554,774
Aug 201825,651105,15459.403.07$1,846,130
Jul 201833,266108,36265.142.93$2,484,652
Jun 201838,847110,33660.183.08$2,677,308
May 201850,191123,04865.382.90$3,638,425
Apr 201858,26386,08763.842.90$3,969,231
Mar 201880,88467,43961.222.79$5,139,660
Feb 201853,19549,76461.782.77$3,424,040

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                1,857 bbl  × $106.41 =   $197,603
Casinghead gas    22,481 Mcf  × $  3.05 =    $68,474

────────────────────────────────────────────────────
Month total                                 $266,077

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/19882 is the state's own key, not one this site invented.