AVERLY LFU

Operated by CATURUS ENERGY, LLC (P-5 103593) in the SUGARKANE (AUSTIN CHALK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 12461District 02Field 86950300OilCasinghead gasSaveExport
Value, all time
$20.9 M
May 2022 – May 2026
Value, last 12 filed months
$1.6 M
at the published price for each month
Months reported
49
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 527 leases and 806 wells, and the rule below applies to all of them.

Discovered
2006-09-07
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 2016-01-12.

The Commission's schedule remark for this field reads: INTO SUGARKANE (AUSTIN CHALK) EFF. 11/07/17.

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
OilDisposition209,447 bbl$18,438,652
Casinghead gasProduction602,754 Mcf$2,509,512
Total$20,948,164

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 28.8997, -98.0283. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.89965, -98.02828 · 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
10,635 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 10,635 ft.

Completions filed
May 2022
1 of 1 wells

1 well

42-25537390108H10,635 ftMay 2022

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 (49)

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

49 months

May 20261,4165,677106.413.05$167,968
Apr 20261,5736,87198.932.87$175,335
Mar 20261,9067,71389.753.15$195,355
Feb 20261,1515,97963.503.75$95,512
Jan 20261,6147,36759.138.00$154,357
Dec 20251,2845,99956.664.41$99,227
Nov 20251,6627,43158.593.93$126,554
Oct 20251,6408,27559.383.30$124,731
Sep 20251,9978,53962.743.08$151,566
Aug 20251,8427,92563.933.01$141,651
Jul 20259224,97866.743.32$78,037
Jun 20251,2126,00566.483.13$99,362
May 20251,1516,29460.553.23$90,037
Apr 20259566,27862.363.54$81,860
Mar 20251,2896,53267.704.27$115,146
Feb 20251,4658,23970.884.34$139,603
Jan 20251,5959,83674.324.28$160,626
Dec 20241,2998,77868.993.12$117,017
Nov 20241,1778,44969.052.20$99,846
Oct 20241,53810,63471.372.28$134,027
Sep 20241,31710,65469.612.36$116,866
Aug 20241,64011,09975.632.06$146,937
Jul 20241,60011,34279.932.15$152,235
Jun 20241,78111,97478.082.63$170,600
May 20241,97112,66478.812.20$183,176
Apr 20241,88913,00684.451.66$181,106
Mar 20242,26912,74780.301.55$201,896
Feb 20242,38913,92676.091.78$206,618
Jan 20242,35912,35673.023.30$213,000
Dec 20233,42413,09971.262.61$278,192
Nov 20232,60512,62877.892.81$238,357
Oct 20233,00512,18985.443.09$294,378
Sep 20232,72011,52589.042.74$273,710
Aug 20232,93113,45180.522.67$271,957
Jul 20233,40012,53774.852.64$287,610
Jun 20233,53611,85668.962.26$270,619
May 20233,52313,68670.622.23$279,278
Apr 20233,02111,02078.122.24$260,661
Mar 20235,26320,32272.852.39$432,043
Feb 20235,33213,94375.112.47$434,866
Jan 20237,22217,58476.533.39$612,269
Dec 20226,47218,12576.415.73$598,365
Nov 20228,97727,37985.005.65$917,632
Oct 202210,61628,73487.185.86$1,093,992
Sep 202213,37025,97284.888.16$1,346,873
Aug 202217,63027,01994.529.13$1,912,994
Jul 202220,60724,996101.587.54$2,281,781
Jun 202225,34123,831115.097.98$3,106,600
May 202214,5485,291109.378.43$1,635,734

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                1,416 bbl  × $106.41 =   $150,677
Casinghead gas     5,677 Mcf  × $  3.05 =    $17,291

────────────────────────────────────────────────────
Month total                                 $167,968

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. 02/O/12461 is the state's own key, not one this site invented.