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 149407District 04Field 509250152 tax incentive programmesCondensateGasSaveExport
Value, all time
$420 k
Jan 1994 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
389
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 Gas112002-07-31148479
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
CondensateDisposition1,818 bbl$29,646
GasProduction389,428 Mcf$390,123
Total$419,769

302,657 Mcf of this lease's gas, across 33 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 27.2694, -99.4196. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.26943, -99.41962 · 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
8,050 ft
1 wells filed one
Completion to plug
28.9 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 8,050 ft.

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

Last completion to plug: a median of 28.9 years across the 1 well that filed both dates, with the middle half between 28.9 years and 28.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-5053310738,050 ftJan 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 (389)

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

389 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 2013010994.403.93$429
May 201309894.834.15$407
Apr 2013010693.964.28$454
Mar 2013011793.623.91$458
Feb 201307291.233.42$246
Jan 201307191.603.42$243
Dec 201206586.773.42$222
Nov 201209686.953.62$348
Oct 2012012089.383.40$408
Sep 2012010094.672.92$292
Aug 201202292.662.91$64
Jul 2012017585.133.02$529
Jun 2012013879.822.52$348
May 2012021591.612.49$535
Apr 20120451101.652.00$901
Mar 20120174105.052.22$387
Feb 20120298101.102.57$766
Jan 2012049698.092.73$1,356
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 2011064483.623.99$2,567
Aug 2011015083.404.15$622
Jul 2011013894.144.52$623
Jun 2011015192.904.64$701
May 2011015398.134.40$674
Apr 20110184105.964.33$797
Mar 2011014296.364.06$576
Feb 2011014485.644.18$602
Jan 201108186.504.59$372
Dec 2010010185.734.35$439
Nov 201008580.843.80$323
Oct 2010015478.103.51$540
Sep 2010014572.633.98$577
Aug 2010020673.684.42$910
Jul 2010010172.554.74$478
Jun 2010013770.364.91$673
May 2010017471.124.24$737
Apr 2010012081.694.12$495
Mar 2010019078.394.39$834
Feb 2010018373.585.44$996
Jan 2010017074.365.96$1,014
Dec 2009022171.445.48$1,212
Nov 2009018874.593.75$705
Oct 2009015872.544.11$649
Sep 2009010365.543.06$316
Aug 200909167.423.22$293
Jul 2009015061.133.46$520
Jun 2009012366.163.90$479
May 2009015554.743.93$608
Apr 2009014746.773.59$527
Mar 200907642.144.06$308
Feb 200908332.814.63$385
Jan 2009018635.865.37$999
Dec 2008011437.105.98$681
Nov 2008010955.496.86$748
Oct 2008013175.246.92$907
Sep 20080121101.767.88$953
Aug 20080229114.228.48$1,943
Jul 20080107131.0811.39$1,219
Jun 20080139131.3313.03$1,812
May 20080175123.1711.57$2,026
Apr 2008081110.3110.45$847
Mar 20080157101.909.66$1,517
Feb 2008015692.538.77$1,368
Jan 2008021790.388.21$1,781
Dec 2007012588.337.30$913
Nov 200708991.677.29$649
Oct 2007013582.856.92$934
Sep 2007018075.846.24$1,124
Aug 2007013669.066.39$869
Jul 2007017170.906.39$1,092
Jun 2007022262.007.55$1,676
May 2007012858.747.85$1,004
Apr 200708159.617.81$632
Mar 2007016456.927.30$1,198
Feb 2007010255.108.22$838
Jan 200706450.306.73$431
Dec 2006020756.656.92$1,432
Nov 2006017754.207.62$1,348
Oct 2006019354.906.01$1,161
Sep 2006028360.085.04$1,426
Aug 2006025568.717.34$1,872
Jul 2006024769.376.34$1,567
Jun 2006022266.286.38$1,417
May 2006025666.016.42$1,645
Apr 2006026064.397.36$1,914
Mar 2006024556.707.08$1,735
Feb 2006017757.597.75$1,372
Jan 2006022360.598.93$1,992
Dec 2005020954.9413.42$2,804
Nov 2005017554.6910.59$1,853
Oct 2005020258.3413.80$2,787
Sep 2005022261.4512.08$2,682
Aug 2005021161.519.80$2,067
Jul 200503155.697.84$243
Jun 2005030652.337.38$2,259
May 20056321445.226.65$4,272
Apr 2005023449.207.36$1,722
Mar 2005031750.377.15$2,268
Feb 2005032545.226.31$2,051
Jan 2005033343.166.32$2,105
Dec 2004036339.866.75$2,451
Nov 2004028345.286.33$1,792
Oct 2004033849.706.52$2,202
Sep 2004014443.245.28$761
Aug 200407642.375.55$422
Jul 2004027338.286.08$1,661
Jun 20040036.106.43$0
May 200408137.486.49$526
Apr 2004021434.475.86$1,254
Mar 2004023334.365.53$1,289
Feb 2004015732.455.51$865
Jan 200406832.036.30$428
Dec 2003011230.266.30$706
Nov 2003016428.804.60$754
Oct 200309628.174.76$457
Sep 2003018926.314.75$898
Aug 2003038529.765.13$1,975
Jul 2003048529.415.17$2,508
Jun 2003099728.565.98$5,965
May 2003054726.595.97$3,267
Apr 2003021026.675.41$1,136
Mar 2003029531.146.10$1,798
Feb 200309033.487.93$713
Jan 2003066630.315.58$3,718
Dec 2002091126.914.85$4,422
Nov 2002067824.664.14$2,805
Oct 2002075626.464.23$3,197
Sep 2002084127.443.64$3,057
Aug 2002065025.963.16$2,057
Jul 2002031824.583.06$974
Jun 2002052023.733.34$1,736
May 200201,45124.663.58$5,200
Apr 2002066723.653.51$2,343
Mar 2002088822.003.10$2,755
Feb 2002077618.222.38$1,844
Jan 2002078617.172.38$1,867
Dec 2001067816.932.36$1,603
Nov 2001063718.072.41$1,532
Oct 200101,04619.782.53$2,645
Sep 200101,52824.262.25$3,440
Aug 200101,47124.873.05$4,491
Jul 2001077023.933.20$2,462
Jun 200108024.563.82$306
May 200101,09325.524.31$4,708
Apr 200102,42224.685.34$12,922
Mar 200103,20524.545.38$17,231
Feb 200133,31627.755.77$19,207
Jan 2001203,62427.478.40$30,987
Dec 200044,23726.889.12$38,760
Nov 200033,12532.215.66$17,778
Oct 20000031.235.15$0
Sep 200001931.875.19$99
Aug 20000029.644.54$0
Jul 200004728.534.09$192
Jun 200005829.304.40$255
May 200007127.263.68$261
Apr 200008724.513.12$271
Mar 200007228.422.86$206
Feb 2000032327.622.73$881
Jan 2000154125.272.48$1,367
Dec 199901,02524.282.42$2,484
Nov 1999019323.192.43$470
Oct 1999295720.982.80$2,725
Sep 1999139021.752.62$1,043
Aug 1999076319.262.88$2,194
Jul 1999022817.892.37$541
Jun 1999019515.942.36$461
May 1999035815.792.32$831
Apr 1999215515.102.21$372
Mar 1999075512.471.84$1,388
Feb 199921,3239.981.82$2,425
Jan 1999122,71010.381.90$5,273
Dec 1998113759.201.77$766
Nov 1998063610.892.19$1,390
Oct 199806512.421.97$128
Sep 1998011212.592.08$233
Aug 199802,83711.301.91$5,411
Jul 199801,78811.742.24$4,000
Jun 19980011.242.24$0
May 199807712.622.21$170
Apr 199809513.042.51$238
Mar 1998033112.802.31$764
Feb 1998039013.952.30$897
Jan 199804,30714.702.15$9,281
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 199702317.742.95$68
Aug 1997025717.862.55$657
Jul 199701,16217.582.25$2,611
Jun 1997011917.242.26$269
May 199709918.972.31$229
Apr 199706317.882.08$131
Mar 199704218.951.94$81
Feb 19971181,64820.492.21$6,053
Jan 199702,12123.483.54$7,508
Dec 19960023.32$0
Nov 199607221.97$0
Oct 199604,03523.31$0
Sep 1996045622.22$0
Aug 1996056620.26$0
Jul 1996046519.55$0
Jun 1996022618.73$0
May 199601,62419.43$0
Apr 199603,60021.51$0
Mar 199605,66519.38$0
Feb 199606416.98$0
Jan 199601,01917.07$0
Dec 199503,93917.19$0
Nov 1995045016.00$0
Oct 199501,47715.43$0
Sep 1995066216.18$0
Aug 199502,33915.92$0
Jul 1995030115.24$0
Jun 199502,67016.41$0
May 199501,79117.56$0
Apr 199501,63717.73$0
Mar 199502,29516.44$0
Feb 199501,04516.58$0
Jan 19951809,00415.92$2,866
Dec 1994018,78915.03$0
Nov 19941767,37515.90$2,798
Oct 1994035,07815.58$0
Sep 199405,07615.29$0
Aug 1994062116.13$0
Jul 199402,66317.56$0
Jun 199417715,72617.09$3,025
May 199418447,98815.88$2,922
Apr 199451485,64714.14$7,268
Mar 199434538,29212.46$4,299
Feb 19940012.50$0
Jan 19940012.66$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                  109 Mcf  × $  3.93 =       $429

────────────────────────────────────────────────────
Month total                                     $429

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/149407 is the state's own key, not one this site invented.