PALOMA-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 12881District 01Field 00256500NGPA filingOilCasinghead gasSaveExport
Value, all time
$7.5 M
Jan 1993 – May 2026
Value, last 12 filed months
$9 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
OilDisposition115,617 bbl$6,462,790
Casinghead gasProduction280,927 Mcf$1,042,123
Total$7,504,913

24,852 Mcf of this lease's gas, across 48 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 (2)

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 28.4340, -98.5246. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

28.43402, -98.52456 · 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 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
9,517 ft
2 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.
2100.0%

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 9,483 and 9,550 ft, median 9,517 ft, over the 2 wells that filed a depth.

Completions filed
Jan 1991 – Nov 2008
2 of 2 wells

2 wells

42-3113408129,483 ftNov 2008
42-3113287319,550 ftJan 1991

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 202642998.932.87$479
Mar 202601589.753.15$47
Feb 202601563.503.75$56
Jan 20260159.138.00$8
Dec 20250156.664.41$4
Nov 20250158.593.93$4
Oct 202501559.383.30$50
Sep 20251321562.743.08$8,328
Aug 202501263.933.01$36
Jul 202502566.743.32$83
Jun 202501566.483.13$47
May 202502360.553.23$74
Apr 20251785562.363.54$11,295
Mar 202515367.704.27$294
Feb 202526970.884.34$441
Jan 202505374.324.28$227
Dec 20241737168.993.12$12,157
Nov 202406969.052.20$152
Oct 2024048571.372.28$1,106
Sep 202417366369.612.36$13,610
Aug 2024068575.632.06$1,414
Jul 202417268579.932.15$15,218
Jun 2024066378.082.63$1,746
May 2024051078.812.20$1,121
Apr 2024045384.451.66$752
Mar 2024018580.301.55$286
Feb 202417545376.091.78$14,124
Jan 2024251273.023.30$1,834
Dec 2023054271.262.61$1,415
Nov 20231683577.892.81$13,184
Oct 2023142285.443.09$1,388
Sep 2023034989.042.74$955
Aug 2023048080.522.67$1,283
Jul 2023048074.852.64$1,268
Jun 202316648068.962.26$12,531
May 2023048070.622.23$1,069
Apr 202317934878.122.24$14,762
Mar 2023035972.852.39$859
Feb 2023036875.112.47$907
Jan 202314843276.533.39$12,790
Dec 202217663276.415.73$17,069
Nov 2022061185.005.65$3,450
Oct 202217761187.185.86$19,014
Sep 202218248884.888.16$19,432
Aug 2022050794.529.13$4,627
Jul 2022177507101.587.54$21,803
Jun 20220529115.097.98$4,220
May 20220620109.378.43$5,228
Apr 2022175627104.226.84$22,526
Mar 2022177685108.885.08$22,749
Feb 2022032991.054.86$1,599
Jan 202217624381.844.54$15,507
Dec 2021012171.323.90$472
Nov 2021181077.435.24$14,015
Oct 202117767879.795.71$17,997
Sep 2021076869.865.35$4,110
Aug 202117576866.024.22$14,795
Jul 202117785170.783.98$15,917
Jun 202134666369.493.38$26,285
May 2021068563.483.02$2,067
Apr 202136066360.362.76$23,558
Mar 202117968561.302.72$12,834
Feb 20213541,05757.805.55$26,325
Jan 202117951450.412.81$10,468
Dec 202017436044.642.68$8,731
Nov 202035357338.772.71$15,237
Oct 202017883336.972.48$8,645
Sep 202017481237.091.99$8,070
Aug 20203431,30639.982.39$16,828
Jul 20201731,11838.371.83$8,678
Jun 2020052234.901.69$882
May 20200116.921.81$2
Apr 20203631,09814.751.80$7,335
Mar 20201831,19130.341.86$7,763
Feb 20201791,13649.881.98$11,179
Jan 20202801,09657.252.09$18,326
Dec 20191861,18759.012.30$13,711
Nov 201916956255.302.75$10,892
Oct 201919125753.472.42$10,834
Sep 2019027955.052.66$741
Aug 2019026053.112.30$599
Jul 201917732556.272.46$10,759
Jun 2019035952.782.49$894
May 201920633958.482.74$12,976
Apr 2019037162.632.75$1,021
Mar 201919156356.803.06$12,573
Feb 2019020050.852.79$558
Jan 2019034646.033.23$1,117
Dec 201817335146.594.19$9,529
Nov 2018025352.934.24$1,072
Oct 201807561.443.40$255
Sep 201809759.543.11$301
Aug 201845859.403.07$415
Jul 201819092165.142.93$15,077
Jun 201819091160.183.08$14,237
May 2018092365.382.90$2,677
Apr 20181921,08863.842.90$15,413
Mar 201811,05061.222.79$2,987
Feb 201808661.782.77$238
Jan 201805062.874.01$200
Dec 2017314157.272.92$584
Nov 2017017355.423.12$539
Oct 201717892749.292.98$11,539
Sep 20171794247.523.09$3,716
Aug 201718298745.373.00$11,223
Jul 201701,02043.873.09$3,149
Jun 201717896642.493.09$10,546
May 20171831,00545.373.26$11,582
Apr 201701,06647.933.21$3,424
Mar 201720197746.772.98$12,316
Feb 201720780650.452.95$12,823
Jan 201718989649.413.42$12,402
Dec 20161683148.763.72$3,874
Nov 201619190942.492.64$10,519
Oct 20161597246.193.09$3,697
Sep 20161711,00241.553.10$10,212
Aug 20161861,05041.442.92$10,778
Jul 20161871,10641.622.92$11,017
Jun 2016151,01945.352.69$3,417
May 20161961,12342.521.99$10,570
Apr 20162071,11336.561.99$9,784
Mar 201601,19633.011.79$2,146
Feb 20162011,18326.472.06$7,762
Jan 20162181,24227.352.36$8,899
Dec 20152081,26832.362.00$9,269
Nov 20151841,33338.792.17$10,026
Oct 2015433743.552.43$992
Sep 20150442.992.76$11
Aug 2015079940.162.87$2,295
Jul 20151951,60848.152.95$14,125
Jun 20153501,58656.152.88$24,225
May 20153931,46855.212.96$26,036
Apr 20151981,64849.822.71$14,325
Mar 201519170542.892.93$10,261
Feb 201519971344.662.98$11,009
Jan 2015888443.433.10$3,088
Dec 20142631,02954.693.59$18,079
Nov 20142701,66870.464.25$26,116
Oct 20142641,52578.303.90$26,620
Sep 20142391,60486.164.05$27,081
Aug 20141721,71289.394.04$22,283
Jul 20143081,80896.564.18$37,297
Jun 20142621,67098.164.74$33,629
May 20142252,27394.734.73$32,058
Apr 20141832,37995.944.81$28,998
Mar 20143031,95595.895.06$38,941
Feb 20142831,44497.406.19$36,505
Jan 20144242,06790.404.86$48,377
Dec 20131612,50491.824.35$25,687
Nov 20135532,28688.853.74$57,680
Oct 20135492,63597.423.78$63,442
Sep 2013182,883104.113.72$12,592
Aug 20131932,868104.253.52$30,223
Jul 20133562,880102.523.72$47,204
Jun 20132102,97694.403.93$31,530
May 20133962,96094.834.15$49,834
Apr 20133822,33593.964.28$45,893
Mar 20133182,15293.623.91$38,192
Feb 20133592,11091.233.42$39,968
Jan 20133892,61491.603.42$44,572
Dec 20125662,89986.773.42$59,027
Nov 20122063,19586.953.62$29,493
Oct 20125721,95689.383.40$57,775
Sep 20123791,31994.672.92$39,729
Aug 20123821,50492.662.91$39,770
Jul 20125372,37285.133.02$52,880
Jun 20121921,47379.822.52$19,036
May 20123761,37891.612.49$37,874
Apr 20123692,351101.652.00$42,203
Mar 20125562,055105.052.22$62,974
Feb 20123601,358101.102.57$39,886
Jan 20123901,63798.092.73$42,731
Dec 20115631,81696.873.24$60,421
Nov 20117561,77795.723.31$78,248
Oct 20115631,93784.983.65$54,911
Sep 20117311,84983.623.99$68,496
Aug 20117381,93983.404.15$69,595
Jul 20117342,03894.144.52$78,305
Jun 20119252,29192.904.64$96,562
May 20111,1142,08298.134.40$118,488
Apr 20119551,447105.964.33$107,462
Mar 20119731,13096.364.06$98,343
Feb 201160078185.644.18$54,649
Jan 20111,5552,17986.504.59$144,506
Dec 20101,1031,19585.734.35$99,756
Nov 20101,0061,26280.843.80$86,115
Oct 20101,1181,06578.103.51$91,053
Sep 201091379772.633.98$69,483
Aug 20101,2601,15973.684.42$97,959
Jul 20107351,02372.554.74$58,170
Jun 20101,1191,03470.364.91$83,810
May 20101,3311,10071.124.24$99,319
Apr 20101,2881,03981.694.12$109,500
Mar 20101,9691,15278.394.39$159,406
Feb 201071955473.585.44$55,919
Jan 20101,09077774.365.96$85,687
Dec 20091,60281271.445.48$118,900
Nov 20091,9781,44874.593.75$152,971
Oct 200969485972.544.11$53,873
Sep 20091,0731,09865.543.06$73,690
Aug 20091,5561,36567.423.22$109,299
Jul 20091,7831,66061.133.46$114,746
Jun 20092,1451,73466.163.90$148,667
May 20091,0821,33154.743.93$64,454
Apr 20091,2521,19646.773.59$62,847
Mar 20091,1251,24942.144.06$52,477
Feb 20091,15786732.814.63$41,978
Jan 20091,1391,23935.865.37$47,499
Dec 20081,8431,57537.105.98$77,789
Nov 20081,0801,23355.496.86$68,388
Oct 20081751,03475.246.92$20,324
Sep 20081831,033101.767.88$26,759
Aug 20083441,034114.228.48$48,063
Jul 2008177610131.0811.39$30,149
Jun 2008181729131.3313.03$33,272
May 2008359723123.1711.57$52,586
Apr 20081741,023110.3110.45$29,889
Mar 2008197763101.909.66$27,448
Feb 200834046692.538.77$35,547
Jan 200818369090.388.21$22,201
Dec 200735556188.337.30$35,454
Nov 200720066691.677.29$23,190
Oct 200737467682.856.92$35,665
Sep 200719533675.846.24$16,887
Aug 200718142069.066.39$15,183
Jul 200717045770.906.39$14,972
Jun 200717747162.007.55$14,529
May 200734779858.747.85$26,644
Apr 200735421859.617.81$22,803
Mar 200716414756.927.30$10,408
Feb 200717932155.108.22$12,500
Jan 200735047850.306.73$20,820
Dec 200617242056.656.92$12,650
Nov 200617235954.207.62$12,057
Oct 200618828554.906.01$12,035
Sep 200634629260.085.04$22,259
Aug 200616749468.717.34$15,100
Jul 200617265669.376.34$16,092
Jun 200636363066.286.38$28,081
May 200633962966.016.42$26,419
Apr 200617360764.397.36$15,607
Mar 200635959356.707.08$24,555
Feb 200617564757.597.75$15,093
Jan 20065361,23860.598.93$43,536
Dec 200517981754.9413.42$20,795
Nov 200518469054.6910.59$17,369
Oct 2005319758.3413.80$2,893
Sep 200526829961.4512.08$20,080
Aug 200517229261.519.80$13,440
Jul 200535937355.697.84$22,918
Jun 2005035152.337.38$2,591
May 200517925345.226.65$9,777
Apr 200517432949.207.36$10,982
Mar 2005022050.377.15$1,574
Feb 200517619345.226.31$9,177
Jan 200516926343.166.32$8,957
Dec 200417914339.866.75$8,100
Nov 2004019445.286.33$1,228
Oct 200433528049.706.52$18,474
Sep 2004227143.245.28$1,518
Aug 200435636442.375.55$17,104
Jul 200418315438.286.08$7,942
Jun 2004023236.106.43$1,492
May 200425923837.486.49$11,253
Apr 200417520634.475.86$7,239
Mar 200416616634.365.53$6,622
Feb 2004021532.455.51$1,185
Jan 200417325032.036.30$7,116
Dec 200317320330.266.30$6,514
Nov 200316119128.804.60$5,514
Oct 200329531628.174.76$9,814
Sep 200317524426.314.75$5,763
Aug 200317314529.765.13$5,892
Jul 20031787329.415.17$5,612
Jun 200306328.565.98$377
May 20033386926.595.97$9,400
Apr 200302526.675.41$135
Mar 20031607731.146.10$5,452
Feb 200315412633.487.93$6,155
Jan 200348718230.315.58$15,777
Dec 2002118226.914.85$910
Nov 2002218024.664.14$794
Oct 200217118426.464.23$5,303
Sep 200217017227.443.64$5,290
Aug 200215423625.963.16$4,745
Jul 200217220624.583.06$4,858
Jun 200232417923.733.34$8,286
May 2002021124.663.58$756
Apr 200249318323.653.51$12,302
Mar 2002321322.003.10$727
Feb 2002021418.222.38$508
Jan 200218124017.172.38$3,678
Dec 200133517616.932.36$6,088
Nov 2001230318.072.41$765
Oct 2001034319.782.53$867
Sep 200133329324.262.25$8,738
Aug 200116732924.873.05$5,158
Jul 200134620323.933.20$8,929
Jun 2001831324.563.82$1,393
May 200117127525.524.31$5,548
Apr 200116832224.685.34$5,864
Mar 200116528224.545.38$5,565
Feb 200116928427.755.77$6,328
Jan 200117525527.478.40$6,949
Dec 200055621126.889.12$16,870
Nov 200018423632.215.66$7,262
Oct 200016318231.235.15$6,027
Sep 20001792031.875.19$5,808
Aug 20003767229.644.54$11,472
Jul 20001768128.534.09$5,353
Jun 200017815029.304.40$5,875
May 2000015827.263.68$581
Apr 200018716024.513.12$5,082
Mar 200034817228.422.86$10,382
Feb 200018214427.622.73$5,419
Jan 200035415125.272.48$9,320
Dec 19991759324.282.42$4,474
Nov 199934917023.192.43$8,507
Oct 199917919520.982.80$4,302
Sep 199917423621.752.62$4,403
Aug 199919125619.262.88$4,415
Jul 199933424817.892.37$6,564
Jun 1999014115.942.36$333
May 199916718915.792.32$3,076
Apr 199916613915.102.21$2,814
Mar 199916826112.471.84$2,575
Feb 19993132469.981.82$3,571
Jan 1999023910.381.90$454
Dec 19983292499.201.77$3,468
Nov 199816722910.892.19$2,319
Oct 199817826412.421.97$2,731
Sep 199833331412.592.08$4,846
Aug 199816533011.301.91$2,494
Jul 199816329311.742.24$2,569
Jun 199833919711.242.24$4,251
May 1998028412.622.21$627
Apr 199848923913.042.51$6,975
Mar 1998028012.802.31$647
Feb 199816624113.952.30$2,870
Jan 199846931514.702.15$7,573
Dec 199717429616.322.41$3,553
Nov 199717730418.193.09$4,158
Oct 199718134019.253.15$4,555
Sep 199718031217.742.95$4,115
Aug 199734655117.862.55$7,587
Jul 199717354217.582.25$4,259
Jun 199736966317.242.26$7,858
May 1997070418.972.31$1,625
Apr 199754869017.882.08$11,235
Mar 1997066518.951.94$1,290
Feb 199718062820.492.21$5,074
Jan 199755067623.483.54$15,307
Dec 199618253923.32$4,244
Nov 199618254521.97$3,999
Oct 199637241223.31$8,671
Sep 199619044822.22$4,222
Aug 199638047420.26$7,699
Jul 199619442919.55$3,793
Jun 199639037918.73$7,305
May 199636941119.43$7,170
Apr 199619840421.51$4,259
Mar 199638539519.38$7,461
Feb 199638733516.98$6,571
Jan 199640734117.07$6,947
Dec 1995111517.19$17
Nov 199519230116.00$3,072
Oct 199539230115.43$6,049
Sep 199539828116.18$6,440
Aug 199519228815.92$3,057
Jul 199535222915.24$5,364
Jun 199534528516.41$5,661
May 199535431917.56$6,216
Apr 1995026417.73$0
Mar 199535331216.44$5,803
Feb 199535033516.58$5,803
Jan 199555136815.92$8,772
Dec 199435839215.03$5,381
Nov 199435252015.90$5,597
Oct 199434858615.58$5,422
Sep 199440658215.29$6,208
Aug 199453862616.13$8,678
Jul 199439351017.56$6,901
Jun 199439834917.09$6,802
May 199438639315.88$6,130
Apr 199418914814.14$2,672
Mar 199419459512.46$2,417
Feb 199439563312.50$4,938
Jan 199457966412.66$7,330
Dec 199339170112.33$4,821
Nov 199338769014.49$5,608
Oct 199318675215.85$2,948
Sep 199358379215.03$8,762
Aug 199335784815.66$5,591
Jul 199336488515.46$5,627
Jun 199354982316.79$9,218
May 199338597217.68$6,807
Apr 199357096818.05$10,289
Mar 19933851,02518.14$6,984
Feb 199354690617.90$9,773
Jan 199375698216.93$12,799

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                    4 bbl  × $ 98.93 =       $396
Casinghead gas        29 Mcf  × $  2.87 =        $83

────────────────────────────────────────────────────
Month total                                     $479

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/12881 is the state's own key, not one this site invented.