E. SCHWARZ

Operated by TITUS LIBERTY MULTI WELL 2, LLC (P-5 102553) in the COTTONWOOD, N. (14,270) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 258989District 03Field 210257772 tax incentive programmesCondensateGasSaveExport
Value, all time
$21.3 M
Aug 2010 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
190
no gaps in the span
Streams
2
condensate, 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 14 leases and 14 wells, and the rule below applies to all of them.

Discovered
2004-10-09
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 10/01/2006.

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
High Cost Gas112011-06-28202355
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
CondensateDisposition75,420 bbl$6,012,841
GasProduction4,300,769 Mcf$15,255,518
Total$21,268,359

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 29.9566, -94.5050. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.95664, -94.50505 · 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
15,446 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 15,446 ft.

Completions filed
Aug 2010
1 of 1 wells

1 well

42-29132812215,446 ftAug 2010

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 (190)

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

190 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 2022180101.587.54$1,828
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 202191069.493.38$6,324
May 20210063.483.02$0
Apr 2021105060.362.76$6,338
Mar 20210061.302.72$0
Feb 20210157.805.55$6
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 202003,10616.921.81$5,637
Apr 20200014.751.80$0
Mar 2020016630.341.86$308
Feb 202006,94449.881.98$13,754
Jan 20201537,09657.252.09$23,624
Dec 201914010,70159.012.30$32,920
Nov 201916610,16655.302.75$37,143
Oct 2019013,30053.472.42$32,167
Sep 20191537,62755.052.66$28,690
Aug 201915514,06153.112.30$40,634
Jul 201915919,45456.272.46$56,805
Jun 201932423,12652.782.49$74,712
May 201931526,76558.482.74$91,766
Apr 201916119,56762.632.75$63,906
Mar 201921426,81956.803.06$94,278
Feb 2019025650.852.79$715
Jan 2019014246.033.23$458
Dec 2018622,65646.594.19$14,005
Nov 20181073,00252.934.24$18,384
Oct 201803,70761.443.40$12,597
Sep 201803,86159.543.11$12,000
Aug 2018442,60759.403.07$10,608
Jul 20180065.142.93$0
Jun 2018028860.183.08$886
May 2018052065.382.90$1,508
Apr 201828711,99063.842.90$53,103
Mar 201827915,43961.222.79$60,106
Feb 2018016,34461.782.77$45,209
Jan 201826516,64162.874.01$83,380
Dec 201742319,58157.272.92$81,431
Nov 201743723,21055.423.12$96,596
Oct 201745533,21649.292.98$121,533
Sep 2017092847.523.09$2,865
Aug 201731528,30445.373.00$99,328
Jul 201769140,96043.873.09$156,769
Jun 201736428,29142.493.09$102,809
May 2017038145.373.26$1,243
Apr 2017020147.933.21$646
Mar 201716742446.772.98$9,076
Feb 20171795,53950.452.95$25,385
Jan 201718915,20649.413.42$61,325
Dec 201654016,17248.763.72$86,536
Nov 201635317,20742.492.64$60,500
Oct 201637218,05546.193.09$72,977
Sep 201619217,98041.553.10$63,727
Aug 201637417,43741.442.92$66,490
Jul 201655619,06241.622.92$78,884
Jun 201638618,88545.352.69$68,227
May 201639019,79042.521.99$55,985
Apr 201657619,28736.561.99$59,460
Mar 201638320,66333.011.79$49,712
Feb 201637619,89326.472.06$51,005
Jan 201660521,60727.352.36$67,633
Dec 201537222,13632.362.00$56,341
Nov 201556922,13838.792.17$70,052
Oct 201558223,62043.552.43$82,662
Sep 201538823,60442.992.76$81,790
Aug 201557624,80840.162.87$94,393
Jul 201559026,76648.152.95$107,237
Jun 201539426,64456.152.88$98,934
May 201569131,59055.212.96$131,513
Apr 201545525,44149.822.71$91,526
Mar 20151689,28542.892.93$34,454
Feb 20151516,99744.662.98$27,568
Jan 201547522,53143.433.10$90,490
Dec 201433624,10354.693.59$104,938
Nov 201444523,99370.464.25$133,369
Oct 201442623,84578.303.90$126,374
Sep 201443524,82586.164.05$137,908
Aug 201429626,67889.394.04$134,108
Jul 201425014,75096.564.18$85,789
Jun 201437424,63198.164.74$153,386
May 201444129,52094.734.73$181,304
Apr 201441532,00695.944.81$193,736
Mar 201447734,04195.895.06$217,878
Feb 201416123,49397.406.19$161,150
Jan 201433336,35690.404.86$206,820
Dec 201335838,26791.824.35$199,504
Nov 201326236,92288.853.74$161,303
Oct 201350943,16497.423.78$212,719
Sep 201349638,916104.113.72$196,318
Aug 201357741,734104.253.52$207,165
Jul 201368342,461102.523.72$227,880
Jun 201359742,05394.403.93$221,768
May 201392245,36794.834.15$275,665
Apr 201361545,65693.964.28$253,311
Mar 20131,02849,34993.623.91$289,338
Feb 201378046,66991.233.42$230,763
Jan 201386954,08691.603.42$264,570
Dec 201299556,69686.773.42$280,246
Nov 20121,02357,19686.953.62$296,283
Oct 20121,12356,25089.383.40$291,606
Sep 201290250,87894.672.92$233,875
Aug 20121,23259,87492.662.91$288,280
Jul 20121,12767,25185.133.02$299,093
Jun 20121,19763,70279.822.52$256,012
May 20121,24769,00491.612.49$285,942
Apr 20121,40674,358101.652.00$291,398
Mar 20121,67982,068105.052.22$358,741
Feb 20121,28371,948101.102.57$314,635
Jan 20121,37473,66098.092.73$336,168
Dec 20111,78575,12196.873.24$416,285
Nov 20111,58175,90195.723.31$402,663
Oct 20111,68582,25784.983.65$443,309
Sep 20111,69485,37183.623.99$481,924
Aug 20112,04695,96783.404.15$568,834
Jul 20112,21398,73294.144.52$654,328
Jun 20111,95997,95792.904.64$636,500
May 201191152,11298.134.40$318,940
Apr 201195642,303105.964.33$284,609
Mar 20111,29368,96496.364.06$404,404
Feb 20112,09698,74185.644.18$592,237
Jan 20112,089132,10186.504.59$786,881
Dec 20101,935131,88285.734.35$739,278
Nov 20102,580143,78480.843.80$754,275
Oct 20102,376156,08078.103.51$733,233
Sep 20103,502179,71972.633.98$969,537
Aug 20101,114103,81673.684.42$540,880

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.

Jul 2022 — as filed, then multipliedworked
Condensate            18 bbl  × $101.58 =     $1,828
Gas                    0 Mcf  × $  7.54 =         $0

────────────────────────────────────────────────────
Month total                                   $1,828

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. 03/G/258989 is the state's own key, not one this site invented.