CAGE RANCH

Operated by TEXRON OPERATING, LLC (P-5 850872) in the HOOK (LOMA BLANCA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 176859District 04Field 424892402 tax incentive programmesCondensateGasSaveExport
Value, all time
$74.2 M
Nov 1999 – May 2026
Value, last 12 filed months
$392 k
at the published price for each month
Months reported
319
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 5 leases and 5 wells, and the rule below applies to all of them.

Discovered
1996-06-13
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 09/01/2000.

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 Gas112000-12-14142887
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
CondensateDisposition199,659 bbl$5,891,157
GasProduction16,411,536 Mcf$68,340,739
Total$74,231,896

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 27.0817, -98.1760. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.08175, -98.17602 · 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
10,500 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 10,500 ft.

Completions filed
Nov 1999
1 of 1 wells

1 well

42-04731869709510,500 ftNov 1999

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 (319)

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

319 months

May 2026379,019106.413.05$31,408
Apr 202607,13798.932.87$20,481
Mar 2026178,32789.753.15$27,751
Feb 20264910,83563.503.75$43,746
Jan 2026168,20659.138.00$66,577
Dec 2025406,90656.664.41$32,745
Nov 2025456,90458.593.93$29,745
Oct 2025196,05759.383.30$21,146
Sep 2025689,70662.743.08$34,131
Aug 2025258,10363.933.01$26,027
Jul 2025519,69666.743.32$35,548
Jun 2025306,74566.483.13$23,098
May 20252710,29260.553.23$34,902
Apr 202508,30362.363.54$29,419
Mar 20251258,53867.704.27$44,905
Feb 20252807,90770.884.34$54,169
Jan 20252809,35174.324.28$60,820
Dec 202409,30468.993.12$29,041
Nov 2024875,61069.052.20$18,341
Oct 20241858,24171.372.28$32,004
Sep 2024878,28769.612.36$25,650
Aug 20241003,99075.632.06$15,797
Jul 202403,92379.932.15$8,421
Jun 202401,92178.082.63$5,060
May 202403,46178.812.20$7,609
Apr 202407,82184.451.66$12,977
Mar 202409,90580.301.55$15,305
Feb 2024010,79576.091.78$19,254
Jan 202406,58973.023.30$21,728
Dec 2023010,18471.262.61$26,588
Nov 202308,19177.892.81$22,997
Oct 2023598,95585.443.09$32,688
Sep 2023866,31889.042.74$24,937
Aug 202359080.522.67$4,751
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 202304,63078.122.24$10,361
Mar 2023013,07172.852.39$31,281
Feb 2023012,35175.112.47$30,454
Jan 2023010,64076.533.39$36,045
Dec 2022013,58876.415.73$77,847
Nov 202218314,38685.005.65$96,781
Oct 2022013,20587.185.86$77,431
Sep 2022015,09884.888.16$123,255
Aug 202217714,41094.529.13$148,252
Jul 2022016,623101.587.54$125,372
Jun 2022179128115.097.98$21,622
May 202207,596109.378.43$64,057
Apr 202203,501104.226.84$23,938
Mar 2022011,061108.885.08$56,150
Feb 202209,42491.054.86$45,790
Jan 20221844,16781.844.54$33,967
Dec 2021013,77271.323.90$53,699
Nov 2021011,79177.435.24$61,748
Oct 2021019479.795.71$1,108
Sep 2021019769.865.35$1,054
Aug 2021016766.024.22$705
Jul 2021017870.783.98$709
Jun 2021014869.493.38$500
May 20210063.483.02$0
Apr 2021019260.362.76$530
Mar 2021013561.302.72$367
Feb 2021010957.805.55$605
Jan 2021010550.412.81$295
Dec 2020017144.642.68$458
Nov 20200038.772.71$0
Oct 2020011936.972.48$295
Sep 202004137.091.99$82
Aug 202004639.982.39$110
Jul 202001938.371.83$35
Jun 202002534.901.69$42
May 202002416.921.81$44
Apr 202005614.751.80$101
Mar 202002230.341.86$41
Feb 2020010749.881.98$212
Jan 202006957.252.09$145
Dec 201901,08459.012.30$2,498
Nov 20190055.302.75$0
Oct 2019081053.472.42$1,959
Sep 2019077855.052.66$2,067
Aug 2019082453.112.30$1,899
Jul 2019087256.272.46$2,145
Jun 2019079152.782.49$1,971
May 201901,17058.482.74$3,206
Apr 201901,24562.632.75$3,425
Mar 201901,46856.803.06$4,495
Feb 2019066350.852.79$1,851
Jan 2019063146.033.23$2,037
Dec 20181951,41046.594.19$14,987
Nov 201801,50052.934.24$6,356
Oct 2018083961.443.40$2,851
Sep 201803,40259.543.11$10,573
Aug 201801,49259.403.07$4,575
Jul 201801,50165.142.93$4,401
Jun 201801,45460.183.08$4,474
May 201802,67065.382.90$7,745
Apr 201801,55663.842.90$4,514
Mar 201801,41961.222.79$3,955
Feb 201801,14761.782.77$3,173
Jan 201801,23962.874.01$4,968
Dec 201701,35857.272.92$3,967
Nov 201701,10955.423.12$3,458
Oct 201701,20449.292.98$3,592
Sep 201701,03147.523.09$3,183
Aug 2017098645.373.00$2,962
Jul 201701,28843.873.09$3,976
Jun 201701,22042.493.09$3,766
May 201701,23845.373.26$4,040
Apr 201701,23247.933.21$3,957
Mar 201701,26246.772.98$3,765
Feb 201701,13650.452.95$3,354
Jan 201701,27949.413.42$4,373
Dec 201601,25048.763.72$4,654
Nov 201601,20442.492.64$3,184
Oct 201601,26746.193.09$3,915
Sep 201601,23141.553.10$3,817
Aug 201601,29241.442.92$3,778
Jul 201601,31041.622.92$3,831
Jun 201601,27345.352.69$3,419
May 201601,24342.521.99$2,475
Apr 20161901,14236.561.99$9,220
Mar 201601,21533.011.79$2,180
Feb 201601,14526.472.06$2,363
Jan 201601,19127.352.36$2,816
Dec 201501,21232.362.00$2,426
Nov 201501,18338.792.17$2,564
Oct 201501,22043.552.43$2,960
Sep 201501,20542.992.76$3,324
Aug 201501,24440.162.87$3,573
Jul 201501,25248.152.95$3,687
Jun 201501,20756.152.88$3,480
May 201501,29655.212.96$3,830
Apr 201501,26649.822.71$3,427
Mar 201501,28942.892.93$3,783
Feb 201501,20144.662.98$3,574
Jan 201501,22443.433.10$3,795
Dec 201401,31854.693.59$4,733
Nov 201401,26570.464.25$5,379
Oct 201401,34578.303.90$5,247
Sep 201401,32586.164.05$5,360
Aug 201401,28989.394.04$5,201
Jul 201401,37496.564.18$5,743
Jun 201401,31998.164.74$6,248
May 201401,36794.734.73$6,461
Apr 201401,34795.944.81$6,478
Mar 201401,38995.895.06$7,024
Feb 201401,29397.406.19$8,006
Jan 201401,22490.404.86$5,950
Dec 2013064591.824.35$2,809
Nov 2013062288.853.74$2,325
Oct 201301,18297.423.78$4,467
Sep 201301,046104.113.72$3,889
Aug 201301,606104.253.52$5,657
Jul 201305,881102.523.72$21,864
Jun 201304,38194.403.93$17,232
May 201307,36594.834.15$30,558
Apr 20131939,35193.964.28$58,181
Mar 201308,10793.623.91$31,722
Feb 201308,41491.233.42$28,775
Jan 201309,23191.603.42$31,569
Dec 20121948,74086.773.42$46,726
Nov 201209,07386.953.62$32,889
Oct 2012011,09889.383.40$37,730
Sep 201219310,84494.672.92$49,918
Aug 2012011,29392.662.91$32,842
Jul 2012010,56685.133.02$31,918
Jun 2012011,08679.822.52$27,926
May 2012011,62591.612.49$28,927
Apr 2012011,463101.652.00$22,889
Mar 2012011,808105.052.22$26,238
Feb 2012011,300101.102.57$29,044
Jan 2012011,19498.092.73$30,605
Dec 2011012,13296.873.24$39,305
Nov 2011011,20495.723.31$37,100
Oct 2011013,05984.983.65$47,646
Sep 201119113,02083.623.99$67,867
Aug 2011013,60783.404.15$56,460
Jul 2011013,67394.144.52$61,764
Jun 201118913,43292.904.64$79,881
May 2011014,15098.134.40$62,328
Apr 2011013,637105.964.33$59,093
Mar 2011014,13696.364.06$57,355
Feb 20111849,40485.644.18$55,066
Jan 2011013,41886.504.59$61,572
Dec 2010013,73785.734.35$59,725
Nov 201018615,38580.843.80$73,427
Oct 2010015,67978.103.51$55,016
Sep 201019415,36172.633.98$75,219
Aug 201018316,04373.684.42$84,383
Jul 2010015,33072.554.74$72,610
Jun 201018416,30070.364.91$92,986
May 2010017,07471.124.24$72,312
Apr 201019017,22881.694.12$86,547
Mar 201018617,92078.394.39$93,226
Feb 2010016,72973.585.44$91,045
Jan 201019518,91974.365.96$127,335
Dec 200919019,04671.445.48$118,017
Nov 2009019,42474.593.75$72,869
Oct 200936520,73672.544.11$111,707
Sep 2009019,46365.543.06$59,649
Aug 200919021,84567.423.22$83,118
Jul 200918622,34261.133.46$88,774
Jun 2009022,39066.163.90$87,209
May 200919424,05254.743.93$105,042
Apr 200919423,17746.773.59$92,221
Mar 200919024,26542.144.06$106,498
Feb 2009020,64832.814.63$95,662
Jan 200919423,81235.865.37$134,851
Dec 200819327,06437.105.98$168,926
Nov 2008026,10055.496.86$179,055
Oct 200819427,98275.246.92$208,287
Sep 2008026,230101.767.88$206,616
Aug 2008030,823114.228.48$261,472
Jul 2008031,696131.0811.39$360,999
Jun 2008031,876131.3313.03$415,428
May 2008035,162123.1711.57$406,975
Apr 200819435,113110.3110.45$388,502
Mar 200820237,098101.909.66$379,101
Feb 2008036,22792.538.77$317,732
Jan 200820138,75990.388.21$336,212
Dec 2007040,38088.337.30$294,854
Nov 2007038,83291.677.29$283,151
Oct 2007028,35382.856.92$196,259
Sep 20071918,61075.846.24$68,248
Aug 200720013,93269.066.39$102,809
Jul 200719214,07670.906.39$103,529
Jun 200719116,49562.007.55$136,354
May 2007016,34558.747.85$128,247
Apr 200719915,81159.617.81$135,270
Mar 200720114,18356.927.30$115,005
Feb 2007013,25455.108.22$108,895
Jan 200719313,71750.306.73$101,980
Dec 2006016,19756.656.92$112,058
Nov 200639515,82954.207.62$141,986
Oct 200619515,94754.906.01$106,608
Sep 2006013,65560.085.04$68,783
Aug 2006014,67868.717.34$107,735
Jul 200635113,78469.376.34$111,777
Jun 2006014,41866.286.38$92,043
May 200618010,72466.016.42$80,784
Apr 2006011,80164.397.36$86,861
Mar 200635917,25456.707.08$142,564
Feb 2006015,44157.597.75$119,685
Jan 2006013,45460.598.93$120,189
Dec 2005014,48354.9413.42$194,295
Nov 200518314,45854.6910.59$163,095
Oct 200505,37558.3413.80$74,152
Sep 2005015,50761.4512.08$187,309
Aug 200535319,27561.519.80$210,547
Jul 2005011,74555.697.84$92,124
Jun 2005013,44052.337.38$99,201
May 200536013,89245.226.65$108,677
Apr 2005013,23649.207.36$97,423
Mar 2005012,68150.377.15$90,731
Feb 200509,07645.226.31$57,287
Jan 2005010,75843.166.32$68,014
Dec 2004010,60339.866.75$71,582
Nov 20043597,81445.286.33$65,721
Oct 200405,58949.706.52$36,413
Sep 200407,35943.245.28$38,884
Aug 200409,24842.375.55$51,333
Jul 200409,40138.286.08$57,197
Jun 200407,89936.106.43$50,814
May 200407,58537.486.49$49,261
Apr 200408,09334.475.86$47,413
Mar 20040034.365.53$0
Feb 200406,98832.455.51$38,501
Jan 200457,31532.036.30$46,242
Dec 200305,24430.266.30$33,046
Nov 20033593,84228.804.60$27,994
Oct 200335919,29228.174.76$101,936
Sep 200317335,67126.314.75$173,966
Aug 200334249,65629.765.13$264,899
Jul 2003546,04029.415.17$238,213
Jun 200337748,84328.565.98$302,993
May 2003455,00526.595.97$328,634
Apr 200336547,03226.675.41$264,050
Mar 200333759,33031.146.10$372,172
Feb 2003453,08733.487.93$420,895
Jan 20031862,85630.315.58$351,410
Dec 200237761,52426.914.85$308,768
Nov 200218865,58324.664.14$275,950
Oct 200236264,42526.464.23$282,040
Sep 200254878,79127.443.64$301,458
Aug 200235755,52425.963.16$184,955
Jul 200236573,87624.583.06$235,162
Jun 2002232,69623.733.34$109,195
May 200281671,55324.663.58$276,569
Apr 200255266,81023.653.51$247,713
Mar 200258383,97522.003.10$273,377
Feb 200238056,53018.222.38$141,221
Jan 200254276,49817.172.38$191,041
Dec 200155286,72016.932.36$214,386
Nov 2001543102,70918.072.41$256,881
Oct 2001734123,66819.782.53$327,260
Sep 2001553142,10524.262.25$333,340
Aug 2001906154,90024.873.05$495,467
Jul 2001726179,33923.933.20$590,734
Jun 20011,272176,58024.563.82$706,510
May 20011,503202,16725.524.31$909,155
Apr 20011,833210,83124.685.34$1,170,089
Mar 20012,193241,28324.545.38$1,351,060
Feb 20012,175247,02427.755.77$1,484,963
Jan 20013,073301,89027.478.40$2,619,917
Dec 20003,473343,61126.889.12$3,227,946
Nov 20004,105376,87532.215.66$2,264,581
Oct 20005,294454,40931.235.15$2,503,493
Sep 20005,950515,07131.875.19$2,861,042
Aug 20007,542630,33429.644.54$3,085,734
Jul 200010,084732,93828.534.09$3,285,230
Jun 200012,227809,95629.304.40$3,919,830
May 200013,7631,048,20627.263.68$4,232,315
Apr 200017,7491,154,70524.513.12$4,033,089
Mar 200021,2591,199,28828.422.86$4,033,845
Feb 200019,8361,141,78727.622.73$3,660,953
Jan 200021,1111,185,45525.272.48$3,473,996
Dec 199918,9521,001,08424.282.42$2,886,502
Nov 19992,7005,28223.192.43$75,469

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
Condensate            37 bbl  × $106.41 =     $3,937
Gas                9,019 Mcf  × $  3.05 =    $27,470

────────────────────────────────────────────────────
Month total                                  $31,408

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/176859 is the state's own key, not one this site invented.