OCTAVIO SALINAS GAS UNIT

Operated by FRAN INVESTMENTS, INC. (P-5 282790) in the LA PERLA (LOBO CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 148999District 04Field 509250152 tax incentive programmesCondensateGasSaveExport
Value, all time
$163 k
Mar 1994 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
387
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 719 leases and 719 wells, and the rule below applies to all of them.

Discovered
1999-06-29
as the register files it
Field class
Gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2010-11-02.

The Commission's schedule remark for this field reads: PERMITTED/DRILLED/COMPLETED ON THE SAME LEASE.

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 Gas112002-07-31148477
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
CondensateDisposition140 bbl$4,273
GasProduction116,093 Mcf$158,898
Total$163,171

77,403 Mcf of this lease's gas, across 34 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 (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 27.2726, -99.4153. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.27256, -99.41528 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
8,400 ft
1 wells filed one
Completion to plug
28.8 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 8,400 ft.

Completions filed
Mar 1994
1 of 1 wells
Plug dates filed
Dec 2022
1 of 1 wells

Last completion to plug: a median of 28.8 years across the 1 well that filed both dates, with the middle half between 28.8 years and 28.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-5053310028,400 ftMar 1994Dec 2022Yes

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 (387)

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

387 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 202200101.587.54$0
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 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
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 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 2013011694.403.93$456
May 201309994.834.15$411
Apr 2013019493.964.28$831
Mar 2013011993.623.91$466
Feb 201308891.233.42$301
Jan 201306191.603.42$209
Dec 2012013086.773.42$445
Nov 2012017886.953.62$645
Oct 201202589.383.40$85
Sep 201202094.672.92$58
Aug 201202592.662.91$73
Jul 201205885.133.02$175
Jun 201204679.822.52$116
May 201208391.612.49$207
Apr 20120151101.652.00$302
Mar 2012058105.052.22$129
Feb 20120116101.102.57$298
Jan 2012019398.092.73$528
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 2011024883.623.99$988
Aug 201101083.404.15$41
Jul 20110094.144.52$0
Jun 201105092.904.64$232
May 201102998.134.40$128
Apr 2011076105.964.33$329
Mar 201103296.364.06$130
Feb 2011011085.644.18$460
Jan 201104886.504.59$220
Dec 201009785.734.35$422
Nov 201001480.843.80$53
Oct 201004978.103.51$172
Sep 201007072.633.98$279
Aug 2010016673.684.42$734
Jul 2010012272.554.74$578
Jun 2010012270.364.91$599
May 2010013871.124.24$584
Apr 2010010481.694.12$429
Mar 2010017378.394.39$759
Feb 201007373.585.44$397
Jan 2010010674.365.96$632
Dec 200904571.445.48$247
Nov 200906974.593.75$259
Oct 200907372.544.11$300
Sep 200906865.543.06$208
Aug 200904367.423.22$138
Jul 200907461.133.46$256
Jun 200907366.163.90$284
May 200907654.743.93$298
Apr 200906946.773.59$248
Mar 200905742.144.06$231
Feb 200903532.814.63$162
Jan 2009011235.865.37$602
Dec 200804737.105.98$281
Nov 200804355.496.86$295
Oct 200806175.246.92$422
Sep 2008081101.767.88$638
Aug 2008081114.228.48$687
Jul 2008039131.0811.39$444
Jun 2008033131.3313.03$430
May 20080114123.1711.57$1,319
Apr 20080123110.3110.45$1,286
Mar 2008028101.909.66$271
Feb 200804492.538.77$386
Jan 200802190.388.21$172
Dec 200701688.337.30$117
Nov 200701291.677.29$88
Oct 200708282.856.92$568
Sep 2007011375.846.24$706
Aug 2007010269.066.39$652
Jul 200708870.906.39$562
Jun 2007018162.007.55$1,366
May 200707458.747.85$581
Apr 200705659.617.81$437
Mar 2007012456.927.30$905
Feb 2007010355.108.22$846
Jan 200705450.306.73$363
Dec 2006014956.656.92$1,031
Nov 2006012054.207.62$914
Oct 200608954.906.01$535
Sep 200608260.085.04$413
Aug 2006011668.717.34$851
Jul 200608669.376.34$545
Jun 2006011366.286.38$721
May 2006030366.016.42$1,947
Apr 2006018964.397.36$1,391
Mar 2006017656.707.08$1,247
Feb 2006012057.597.75$930
Jan 2006016460.598.93$1,465
Dec 2005019554.9413.42$2,616
Nov 2005017354.6910.59$1,832
Oct 2005018158.3413.80$2,497
Sep 200507461.4512.08$894
Aug 2005015061.519.80$1,470
Jul 2005022355.697.84$1,749
Jun 2005017452.337.38$1,284
May 20055917345.226.65$3,819
Apr 2005012749.207.36$935
Mar 200503550.377.15$250
Feb 2005023245.226.31$1,464
Jan 2005016143.166.32$1,018
Dec 200406539.866.75$439
Nov 200406445.286.33$405
Oct 200405749.706.52$371
Sep 200406243.245.28$328
Aug 2004019942.375.55$1,105
Jul 2004011138.286.08$675
Jun 2004030236.106.43$1,943
May 2004029537.486.49$1,916
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 200302430.266.30$151
Nov 20030128.804.60$5
Oct 200304228.174.76$200
Sep 200308826.314.75$418
Aug 2003011429.765.13$585
Jul 2003021529.415.17$1,112
Jun 2003013228.565.98$790
May 2003020226.595.97$1,206
Apr 2003029126.675.41$1,574
Mar 2003032731.146.10$1,993
Feb 2003021533.487.93$1,704
Jan 2003010430.315.58$581
Dec 2002033226.914.85$1,611
Nov 2002018024.664.14$745
Oct 2002016026.464.23$677
Sep 2002027027.443.64$982
Aug 2002033425.963.16$1,057
Jul 2002036024.583.06$1,102
Jun 2002037023.733.34$1,235
May 2002018224.663.58$652
Apr 2002026023.653.51$913
Mar 2002029522.003.10$915
Feb 2002037618.222.38$893
Jan 2002041517.172.38$986
Dec 2001048116.932.36$1,137
Nov 2001050818.072.41$1,222
Oct 2001069319.782.53$1,753
Sep 2001042624.262.25$959
Aug 2001027124.873.05$827
Jul 2001031023.933.20$991
Jun 200102924.563.82$111
May 2001051025.524.31$2,197
Apr 2001034424.685.34$1,835
Mar 2001030924.545.38$1,661
Feb 2001017627.755.77$1,015
Jan 2001125027.478.40$2,127
Dec 2000029426.889.12$2,682
Nov 2000040432.215.66$2,286
Oct 2000022631.235.15$1,163
Sep 2000091531.875.19$4,746
Aug 2000066929.644.54$3,038
Jul 2000035828.534.09$1,464
Jun 2000125429.304.40$1,146
May 2000065827.263.68$2,421
Apr 2000153324.513.12$1,685
Mar 2000060828.422.86$1,739
Feb 2000175927.622.73$2,097
Jan 2000086325.272.48$2,141
Dec 1999086524.282.42$2,097
Nov 1999052423.192.43$1,275
Oct 1999347720.982.80$1,400
Sep 1999027521.752.62$720
Aug 1999030219.262.88$868
Jul 1999050817.892.37$1,205
Jun 1999049715.942.36$1,174
May 1999031115.792.32$722
Apr 1999028715.102.21$634
Mar 1999027112.471.84$498
Feb 199902469.981.82$447
Jan 1999049610.381.90$942
Dec 199838139.201.77$1,469
Nov 1998162110.892.19$1,368
Oct 1998025612.421.97$504
Sep 1998026812.592.08$558
Aug 1998010211.301.91$195
Jul 1998037611.742.24$841
Jun 1998043711.242.24$978
May 1998014012.622.21$309
Apr 1998140713.042.51$1,033
Mar 1998040412.802.31$933
Feb 1998070413.952.30$1,619
Jan 19980014.702.15$0
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 199709217.242.26$208
May 1997016618.972.31$383
Apr 1997027717.882.08$577
Mar 1997037818.951.94$733
Feb 19976442820.492.21$2,255
Jan 1997075423.483.54$2,669
Dec 1996024623.32$0
Nov 1996021921.97$0
Oct 1996045423.31$0
Sep 1996031622.22$0
Aug 1996075920.26$0
Jul 1996097819.55$0
Jun 199601,09718.73$0
May 1996089319.43$0
Apr 199601,24621.51$0
Mar 1996083719.38$0
Feb 1996039816.98$0
Jan 1996075317.07$0
Dec 1995080617.19$0
Nov 1995073116.00$0
Oct 1995042815.43$0
Sep 1995073716.18$0
Aug 1995091015.92$0
Jul 199501,01815.24$0
Jun 1995088416.41$0
May 1995099317.56$0
Apr 199501,37217.73$0
Mar 1995087616.44$0
Feb 1995084316.58$0
Jan 199502,20815.92$0
Dec 199403,14615.03$0
Nov 199401,21915.90$0
Oct 199402,15215.58$0
Sep 199405,28815.29$0
Aug 199408,49716.13$0
Jul 199409,14717.56$0
Jun 199405,41217.09$0
May 199406,53315.88$0
Apr 199458,59814.14$71
Mar 199407,40912.46$0

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.

Jun 2013 — as filed, then multipliedworked
Condensate             0 bbl  × $ 94.40 =         $0
Gas                  116 Mcf  × $  3.93 =       $456

────────────────────────────────────────────────────
Month total                                     $456

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. 04/G/148999 is the state's own key, not one this site invented.