HORTON

Operated by GTG OPERATING, LLC (P-5 337080) in the A.W.P. (OLMOS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 10705District 01Field 00256500NGPA filingOilCasinghead gasSaveExport
Value, all time
$4.4 M
Jan 1993 – May 2026
Value, last 12 filed months
$71 k
at the published price for each month
Months reported
401
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 821 leases and 1,336 wells, and the rule below applies to all of them.

Discovered
1981-12-20
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 2015-01-27.

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

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
OilDisposition69,420 bbl$3,860,906
Casinghead gasProduction100,453 Mcf$500,263
Total$4,361,169

6,166 Mcf of this lease's gas, across 36 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 28.7291, -98.1601. A lease has no coordinate of its own — that point is the mean of its wells, and they span 48.1 miles, so treat it as the lease's centre and not as its location.

28.82645, -98.02601 · 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
9,390 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 9,300 and 12,011 ft, median 9,390 ft, over the 3 wells that filed a depth.

Completions filed
Nov 1985 – May 2016
3 of 3 wells

3 wells

42-177336742H12,011 ftMay 2016
42-311359063029,390 ftJul 2014
42-311323693019,300 ftNov 1985

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 (401)

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

401 months

May 202600106.413.05$0
Apr 2026149098.932.87$14,741
Mar 2026170089.753.15$15,258
Feb 2026316063.503.75$20,066
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 2025173059.383.30$10,273
Sep 202502562.743.08$77
Aug 20251672063.933.01$10,737
Jul 202503566.743.32$116
Jun 20250066.483.13$0
May 20251756560.553.23$10,806
Apr 20251693162.363.54$10,649
Mar 20251715367.704.27$11,803
Feb 2025171270.884.34$12,129
Jan 202517115274.324.28$13,359
Dec 20243371768.993.12$23,303
Nov 202401469.052.20$31
Oct 20241705871.372.28$12,265
Sep 2024016569.612.36$390
Aug 202433716575.632.06$25,828
Jul 202434910879.932.15$28,127
Jun 2024014378.082.63$377
May 20241712178.812.20$13,523
Apr 2024170584.451.66$14,365
Mar 20241732580.301.55$13,931
Feb 20241661676.091.78$12,659
Jan 20241721573.023.30$12,609
Dec 20231681071.262.61$11,998
Nov 202332917277.892.81$26,109
Oct 202301085.443.09$31
Sep 2023178089.042.74$15,849
Aug 20230080.522.67$0
Jul 2023175074.852.64$13,099
Jun 20230068.962.26$0
May 2023163070.622.23$11,511
Apr 20230978.122.24$20
Mar 20231513172.852.39$11,075
Feb 20231722875.112.47$12,988
Jan 20231443176.533.39$11,125
Dec 20223593176.415.73$27,609
Nov 202203085.005.65$169
Oct 20221773687.185.86$15,642
Sep 20223483184.888.16$29,791
Aug 20221843194.529.13$17,675
Jul 2022055101.587.54$415
Jun 2022352107115.097.98$41,365
May 202217296109.378.43$19,621
Apr 202217548104.226.84$18,567
Mar 202218462108.885.08$20,349
Feb 20221746791.054.86$16,168
Jan 202218021381.844.54$15,698
Dec 20213339371.323.90$24,112
Nov 202134812977.435.24$27,621
Oct 202135113179.795.71$28,755
Sep 20213468469.865.35$24,621
Aug 20211468466.024.22$9,993
Jul 20213418170.783.98$24,459
Jun 20211787969.493.38$12,636
May 202116211763.483.02$10,637
Apr 202134212060.362.76$20,974
Mar 202117617561.302.72$11,264
Feb 20213474457.805.55$20,301
Jan 20211706850.412.81$8,761
Dec 20203425944.642.68$15,425
Nov 20201736138.772.71$6,872
Oct 20201776836.972.48$6,712
Sep 20203538537.091.99$13,262
Aug 20203607139.982.39$14,562
Jul 20201737638.371.83$6,777
Jun 20203456634.901.69$12,152
May 202002016.921.81$36
Apr 20201798614.751.80$2,795
Mar 20203516330.341.86$10,766
Feb 20201808249.881.98$9,141
Jan 20203569457.252.09$20,578
Dec 20191639659.012.30$9,840
Nov 201934110855.302.75$19,154
Oct 20193579853.472.42$19,326
Sep 201903355.052.66$88
Aug 20193714953.112.30$19,817
Jul 20191833756.272.46$10,388
Jun 20191834652.782.49$9,773
May 20193691158.482.74$21,609
Apr 2019185062.632.75$11,587
Mar 20191841256.803.06$10,488
Feb 2019184050.852.79$9,356
Jan 20193682146.033.23$17,007
Dec 20183712846.594.19$17,402
Nov 20181834852.934.24$9,890
Oct 20181856761.443.40$11,594
Sep 20183626559.543.11$21,756
Aug 20183696859.403.07$22,127
Jul 20181837365.142.93$12,135
Jun 2018369060.183.08$22,206
May 2018180065.382.90$11,768
Apr 2018378063.842.90$24,132
Mar 2018191061.222.79$11,693
Feb 2018380061.782.77$23,476
Jan 2018374062.874.01$23,513
Dec 20173761657.272.92$21,580
Nov 20171862155.423.12$10,374
Oct 2017160449.292.98$7,898
Sep 20173551947.523.09$16,928
Aug 20173554045.373.00$16,227
Jul 20174974643.873.09$21,945
Jun 20173534242.493.09$15,129
May 20173502345.373.26$15,955
Apr 20173512247.933.21$16,894
Mar 20175312846.772.98$24,918
Feb 20173673850.452.95$18,627
Jan 20173484549.413.42$17,349
Dec 20165438348.763.72$26,786
Nov 201636114742.492.64$15,728
Oct 20165229946.193.09$24,417
Sep 201655612241.553.10$23,480
Aug 2016373041.442.92$15,457
Jul 201655417141.622.92$23,558
Jun 201637416445.352.69$17,401
May 201654617042.521.99$23,554
Apr 201657021536.561.99$21,267
Mar 201659726133.011.79$20,175
Feb 2016549026.472.06$14,532
Jan 201656534427.352.36$16,266
Dec 201575235332.362.00$25,041
Nov 201575041738.792.17$29,996
Oct 201555637543.552.43$25,124
Sep 201573144542.992.76$32,653
Aug 201573850640.162.87$31,092
Jul 201589149648.152.95$44,362
Jun 2015733056.152.88$41,158
May 201572230055.212.96$40,748
Apr 20151,09651449.822.71$55,994
Mar 20151,27045542.892.93$55,806
Feb 20151,65363444.662.98$75,710
Jan 20152,00781143.433.10$89,679
Dec 20142,6531,03154.693.59$148,795
Nov 20142,0221,04970.464.25$146,930
Oct 20142,4151,02778.303.90$193,101
Sep 20142,58289286.164.05$226,074
Aug 20141,22654789.394.04$111,799
Jul 20141,63153896.564.18$159,738
Jun 2014013798.164.74$649
May 201410017894.734.73$10,314
Apr 2014024495.944.81$1,173
Mar 201423332895.895.06$24,001
Feb 2014033997.406.19$2,099
Jan 20147723190.404.86$8,084
Dec 2013030991.824.35$1,346
Nov 201317132088.853.74$16,390
Oct 2013020297.423.78$763
Sep 2013091104.113.72$338
Aug 201315786104.253.52$16,670
Jul 2013098102.523.72$364
Jun 201307294.403.93$283
May 2013011094.834.15$456
Apr 2013013493.964.28$574
Mar 20131824993.623.91$17,231
Feb 2013012991.233.42$441
Jan 2013012191.603.42$414
Dec 2012039086.773.42$1,334
Nov 201217544086.953.62$16,811
Oct 2012043089.383.40$1,462
Sep 2012039994.672.92$1,164
Aug 2012040592.662.91$1,178
Jul 201218245785.133.02$16,874
Jun 201201,05579.822.52$2,658
May 2012029991.612.49$744
Apr 20120248101.652.00$495
Mar 20120188105.052.22$418
Feb 20120111101.102.57$285
Jan 20121562698.092.73$15,373
Dec 20110096.873.24$0
Nov 201106295.723.31$205
Oct 20110084.983.65$0
Sep 2011026883.623.99$1,068
Aug 201117633283.404.15$16,056
Jul 2011052194.144.52$2,353
Jun 2011038692.904.64$1,791
May 2011047098.134.40$2,070
Apr 2011188292105.964.33$21,186
Mar 2011042896.364.06$1,737
Feb 2011038085.644.18$1,588
Jan 201119543786.504.59$18,873
Dec 2010033985.734.35$1,474
Nov 201017233880.843.80$15,187
Oct 2010030478.103.51$1,067
Sep 2010022972.633.98$911
Aug 2010031873.684.42$1,405
Jul 2010030072.554.74$1,421
Jun 2010030770.364.91$1,507
May 201019033871.124.24$14,944
Apr 2010034381.694.12$1,414
Mar 2010038078.394.39$1,668
Feb 2010043073.585.44$2,340
Jan 201017022674.365.96$13,989
Dec 2009034471.445.48$1,886
Nov 2009042574.593.75$1,594
Oct 2009041672.544.11$1,710
Sep 2009029965.543.06$916
Aug 200906767.423.22$216
Jul 200905661.133.46$194
Jun 2009048366.163.90$1,881
May 2009035854.743.93$1,405
Apr 2009047246.773.59$1,693
Mar 200918145642.144.06$9,478
Feb 2009056832.814.63$2,632
Jan 2009454935.865.37$3,092
Dec 200820047637.105.98$10,265
Nov 2008059055.496.86$4,048
Oct 2008060075.246.92$4,153
Sep 2008112446101.767.88$14,910
Aug 20080217114.228.48$1,841
Jul 20080173131.0811.39$1,970
Jun 2008188378131.3313.03$29,616
May 20080711123.1711.57$8,229
Apr 20080603110.3110.45$6,304
Mar 20080582101.909.66$5,624
Feb 200818062592.538.77$22,137
Jan 2008060590.388.21$4,964
Dec 2007052688.337.30$3,841
Nov 2007057691.677.29$4,200
Oct 200705682.856.92$388
Sep 200708675.846.24$537
Aug 200711910869.066.39$8,908
Jul 2007032570.906.39$2,076
Jun 2007046162.007.55$3,480
May 2007055758.747.85$4,370
Apr 200717275059.617.81$16,107
Mar 2007042056.927.30$3,067
Feb 2007046755.108.22$3,837
Jan 2007064350.306.73$4,325
Dec 2006050056.656.92$3,459
Nov 200614958054.207.62$12,494
Oct 2006068654.906.01$4,125
Sep 2006067660.085.04$3,405
Aug 200614174168.717.34$15,127
Jul 200617762769.376.34$16,255
Jun 2006058666.286.38$3,741
May 2006014466.016.42$925
Apr 2006062564.397.36$4,600
Mar 200612655956.707.08$11,104
Feb 200618360357.597.75$15,213
Jan 2006069160.598.93$6,173
Dec 200504554.9413.42$604
Nov 200517773154.6910.59$17,420
Oct 2005077158.3413.80$10,637
Sep 2005050361.4512.08$6,076
Aug 200517429361.519.80$13,573
Jul 200518285355.697.84$16,826
Jun 2005078952.337.38$5,824
May 200518439645.226.65$10,954
Apr 2005064949.207.36$4,777
Mar 2005037950.377.15$2,712
Feb 2005060345.226.31$3,806
Jan 200517865443.166.32$11,817
Dec 2004062739.866.75$4,233
Nov 2004047445.286.33$3,001
Oct 2004062449.706.52$4,065
Sep 2004078043.245.28$4,121
Aug 2004036942.375.55$2,048
Jul 200417531138.286.08$8,591
Jun 2004062636.106.43$4,027
May 2004069437.486.49$4,507
Apr 2004064634.475.86$3,785
Mar 200418263734.365.53$9,776
Feb 2004058232.455.51$3,207
Jan 200417781732.036.30$10,816
Dec 2003086930.266.30$5,476
Nov 2003086528.804.60$3,975
Oct 200323898828.174.76$11,407
Sep 200301,11926.314.75$5,315
Aug 200317378729.765.13$9,186
Jul 200301,02529.415.17$5,300
Jun 20031731,09528.565.98$11,492
May 20031811,22926.595.97$12,153
Apr 200301,18826.675.41$6,424
Mar 200301,23631.146.10$7,535
Feb 20033011,25633.487.93$20,032
Jan 20031841,52730.315.58$14,101
Dec 2002070126.914.85$3,402
Nov 200230593524.664.14$11,389
Oct 20021731,06526.464.23$9,082
Sep 20021741,09927.443.64$8,770
Aug 20023461,62725.963.16$14,130
Jul 20021701,09124.583.06$7,519
Jun 20022981,09023.733.34$10,710
May 20024941,09524.663.58$16,107
Apr 200247780023.653.51$14,091
Mar 200234858322.003.10$9,465
Feb 200217544218.222.38$4,239
Jan 200217828317.172.38$3,729
Dec 200132311516.932.36$5,740
Nov 200101318.072.41$31
Oct 200102319.782.53$58
Sep 200103324.262.25$74
Aug 200103324.873.05$101
Jul 2001773123.933.20$1,942
Jun 200101724.563.82$65
May 200105225.524.31$224
Apr 2001014024.685.34$747
Mar 200104624.545.38$247
Feb 200104027.755.77$231
Jan 2001040027.478.40$3,360
Dec 2000031026.889.12$2,828
Nov 20000132.215.66$6
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 1998135014.702.15$1,985
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 19970018.951.94$0
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 19960023.32$0
Nov 19960021.97$0
Oct 19960023.31$0
Sep 19960022.22$0
Aug 19960020.26$0
Jul 19960019.55$0
Jun 19960018.73$0
May 19960019.43$0
Apr 19960021.51$0
Mar 19960019.38$0
Feb 19960416.98$0
Jan 19960017.07$0
Dec 19950017.19$0
Nov 19950116.00$0
Oct 19950615.43$0
Sep 199509716.18$0
Aug 19951825115.92$2,897
Jul 199507315.24$0
Jun 1995011616.41$0
May 1995015817.56$0
Apr 199519425117.73$3,440
Mar 1995025016.44$0
Feb 1995020616.58$0
Jan 199519621015.92$3,120
Dec 1994025015.03$0
Nov 199419329815.90$3,069
Oct 1994033715.58$0
Sep 199418836515.29$2,875
Aug 199419539116.13$3,145
Jul 199419255617.56$3,372
Jun 199418239817.09$3,110
May 1994016115.88$0
Apr 199419216414.14$2,715
Mar 1994013412.46$0
Feb 199417812212.50$2,225
Jan 199419113412.66$2,418
Dec 199308112.33$0
Nov 199319712614.49$2,855
Oct 199308115.85$0
Sep 199318811215.03$2,826
Aug 199305415.66$0
Jul 19933855215.46$5,952
Jun 19930316.79$0
May 1993017717.68$0
Apr 199317517918.05$3,159
Mar 199318819818.14$3,410
Feb 199317716817.90$3,168
Jan 199314820216.93$2,506

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.

Apr 2026 — as filed, then multipliedworked
Oil                  149 bbl  × $ 98.93 =    $14,741
Casinghead gas         0 Mcf  × $  2.87 =         $0

────────────────────────────────────────────────────
Month total                                  $14,741

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. 01/O/10705 is the state's own key, not one this site invented.