CAGE RANCH

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

Gas lease lease 195882District 04Field 146112062 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.7 M
Mar 2003 – May 2026
Value, last 12 filed months
$49 k
at the published price for each month
Months reported
279
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 11 leases and 11 wells, and the rule below applies to all of them.

Discovered
1996-01-30
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 06/01/97.

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 Gas112004-10-18158197
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
CondensateDisposition58,340 bbl$2,693,672
GasProduction717,121 Mcf$3,962,287
Total$6,655,959

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 27.0652, -98.1743. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.06523, -98.17430 · 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
11,000 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 11,000 ft.

Completions filed
Mar 2003
1 of 1 wells

1 well

42-047320341611,000 ftMar 2003

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 (279)

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

279 months

May 2026260106.413.05$2,767
Apr 2026071498.932.87$2,049
Mar 2026122,69689.753.15$9,568
Feb 20261588063.503.75$4,253
Jan 2026914659.138.00$1,700
Dec 202510056.664.41$567
Nov 202511058.593.93$644
Oct 20256059.383.30$356
Sep 202524062.743.08$1,506
Aug 20251901,30663.933.01$16,084
Jul 202571,45666.743.32$5,294
Jun 20252398066.483.13$4,595
May 2025161,90460.553.23$7,123
Apr 202501,67662.363.54$5,938
Mar 2025171,19167.704.27$6,234
Feb 2025631,30870.884.34$10,143
Jan 2025652,17574.324.28$14,137
Dec 202402,16768.993.12$6,764
Nov 202401,08269.052.20$2,379
Oct 2024361,46371.372.28$5,907
Sep 202402,81169.612.36$6,646
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 202402,62878.082.63$6,922
May 202403,35678.812.20$7,378
Apr 202403,14484.451.66$5,217
Mar 202402,66580.301.55$4,118
Feb 202403,46576.091.78$6,180
Jan 202403,60473.023.30$11,885
Dec 202303,14371.262.61$8,205
Nov 202303,51477.892.81$9,866
Oct 2023593,77885.443.09$16,705
Sep 2023862,18289.042.74$13,625
Aug 2023145080.522.67$11,675
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 202306,92078.122.24$15,485
Mar 2023010,95572.852.39$26,217
Feb 2023010,12775.112.47$24,970
Jan 202306,38476.533.39$21,627
Dec 202206,21076.415.73$35,578
Nov 202204,82085.005.65$27,215
Oct 202206,53387.185.86$38,308
Sep 202207,07084.888.16$57,717
Aug 202207,28194.529.13$66,455
Jul 202204,866101.587.54$36,700
Jun 20220269115.097.98$2,146
May 20220312109.378.43$2,631
Apr 20220285104.226.84$1,949
Mar 20220636108.885.08$3,229
Feb 2022033191.054.86$1,608
Jan 2022052881.844.54$2,396
Dec 2021063171.323.90$2,460
Nov 2021057877.435.24$3,027
Oct 2021021479.795.71$1,223
Sep 2021027469.865.35$1,466
Aug 2021026666.024.22$1,123
Jul 2021029170.783.98$1,159
Jun 202101,32269.493.38$4,469
May 2021071363.483.02$2,152
Apr 20210060.362.76$0
Mar 2021039261.302.72$1,065
Feb 2021036457.805.55$2,019
Jan 2021056850.412.81$1,596
Dec 2020056744.642.68$1,517
Nov 20200038.772.71$0
Oct 20204446836.972.48$2,787
Sep 2020015137.091.99$301
Aug 202017339839.982.39$7,866
Jul 2020059738.371.83$1,090
Jun 2020402334.901.69$1,435
May 2020017916.921.81$325
Apr 2020022914.751.80$413
Mar 2020034230.341.86$635
Feb 2020032649.881.98$646
Jan 2020041657.252.09$871
Dec 201918246359.012.30$11,807
Nov 20190055.302.75$0
Oct 2019042453.472.42$1,025
Sep 2019035055.052.66$930
Aug 2019018553.112.30$426
Jul 2019030256.272.46$743
Jun 201919132752.782.49$10,896
May 2019037558.482.74$1,028
Apr 2019032462.632.75$891
Mar 2019045056.803.06$1,378
Feb 2019025950.852.79$723
Jan 2019027846.033.23$897
Dec 201827168146.594.19$15,476
Nov 2018036352.934.24$1,538
Oct 2018020161.443.40$683
Sep 201819045559.543.11$12,727
Aug 2018050259.403.07$1,539
Jul 2018053365.142.93$1,563
Jun 2018053360.183.08$1,640
May 2018045965.382.90$1,331
Apr 201819441063.842.90$13,574
Mar 2018049561.222.79$1,379
Feb 2018046761.782.77$1,292
Jan 2018049962.874.01$2,001
Dec 201717652657.272.92$11,616
Nov 2017052255.423.12$1,628
Oct 2017052849.292.98$1,575
Sep 2017052547.523.09$1,621
Aug 201719345845.373.00$10,132
Jul 2017062743.873.09$1,936
Jun 201719145642.493.09$9,523
May 2017053845.373.26$1,756
Apr 2017059147.933.21$1,898
Mar 2017063746.772.98$1,901
Feb 2017053850.452.95$1,589
Jan 2017050449.413.42$1,723
Dec 2016062048.763.72$2,308
Nov 2016064342.492.64$1,700
Oct 201619469246.193.09$11,099
Sep 2016066641.553.10$2,065
Aug 2016072741.442.92$2,126
Jul 2016073641.622.92$2,152
Jun 201618772745.352.69$10,433
May 2016076342.521.99$1,519
Apr 201619566436.561.99$8,451
Mar 2016066033.011.79$1,184
Feb 2016060626.472.06$1,251
Jan 201619765727.352.36$6,941
Dec 2015066732.362.00$1,335
Nov 2015068638.792.17$1,487
Oct 2015072443.552.43$1,757
Sep 201519575842.992.76$10,474
Aug 2015075540.162.87$2,169
Jul 2015083048.152.95$2,444
Jun 2015075256.152.88$2,168
May 201518985755.212.96$12,968
Apr 2015084949.822.71$2,298
Mar 201519787442.892.93$11,014
Feb 2015084344.662.98$2,509
Jan 2015083543.433.10$2,589
Dec 2014089354.693.59$3,207
Nov 201419986870.464.25$17,712
Oct 2014092678.303.90$3,612
Sep 2014093886.164.05$3,795
Aug 201419194889.394.04$20,899
Jul 2014097096.564.18$4,054
Jun 2014096398.164.74$4,562
May 20141901,00294.734.73$22,735
Apr 2014098595.944.81$4,737
Mar 201401,02495.895.06$5,178
Feb 201418292297.406.19$23,436
Jan 201401,02890.404.86$4,997
Dec 20131951,01691.824.35$22,329
Nov 201301,04588.853.74$3,907
Oct 201301,12897.423.78$4,263
Sep 20131871,098104.113.72$23,551
Aug 201301,134104.253.52$3,995
Jul 20131911,199102.523.72$24,039
Jun 201301,05794.403.93$4,158
May 201301,11294.834.15$4,614
Apr 20131961,06993.964.28$22,994
Mar 20131931,09793.623.91$22,361
Feb 2013099491.233.42$3,399
Jan 201301,09891.603.42$3,755
Dec 20121961,09686.773.42$20,755
Nov 201201,01486.953.62$3,676
Oct 201201,18989.383.40$4,042
Sep 20121921,18394.672.92$21,629
Aug 20121901,24092.662.91$21,212
Jul 201201,23085.133.02$3,716
Jun 201201,22379.822.52$3,081
May 20121911,26691.612.49$20,648
Apr 201201,236101.652.00$2,468
Mar 20121891,291105.052.22$22,723
Feb 201201,215101.102.57$3,123
Jan 201201,35998.092.73$3,716
Dec 20111811,28696.873.24$21,700
Nov 201101,27895.723.31$4,232
Oct 20111931,35584.983.65$21,345
Sep 20111911,34583.623.99$21,332
Aug 201101,41983.404.15$5,888
Jul 201101,41594.144.52$6,392
Jun 20111861,38192.904.64$23,687
May 201101,43398.134.40$6,312
Apr 20111871,419105.964.33$25,963
Mar 201101,43396.364.06$5,814
Feb 20111931,25785.644.18$21,783
Jan 20111871,33686.504.59$22,306
Dec 201001,52085.734.35$6,609
Nov 20101871,46680.843.80$20,681
Oct 201001,54478.103.51$5,418
Sep 20101921,52372.633.98$20,006
Aug 20101851,63073.684.42$20,834
Jul 201001,57872.554.74$7,474
Jun 20101861,66070.364.91$21,238
May 20101921,77871.124.24$21,185
Apr 20101841,73981.694.12$22,200
Mar 201001,80278.394.39$7,908
Feb 20101971,64273.585.44$23,432
Jan 201001,71374.365.96$10,216
Dec 20091951,84571.445.48$24,048
Nov 20091901,79774.593.75$20,914
Oct 20091931,89472.544.11$21,785
Sep 200901,81165.543.06$5,550
Aug 20091901,96867.423.22$19,144
Jul 20091891,99061.133.46$18,448
Jun 200902,00266.163.90$7,798
May 20091922,11654.743.93$18,817
Apr 20092512,03846.773.59$19,051
Mar 20091952,20342.144.06$17,159
Feb 20091912,20232.814.63$16,469
Jan 200901,97535.865.37$10,608
Dec 20081982,15837.105.98$20,244
Nov 20081982,12955.496.86$25,593
Oct 20081982,25475.246.92$30,500
Sep 20082022,207101.767.88$37,940
Aug 200802,298114.228.48$19,494
Jul 20083912,346131.0811.39$77,972
Jun 200802,545131.3313.03$33,168
May 20081992,767123.1711.57$56,537
Apr 20081892,408110.3110.45$46,024
Mar 20082002,464101.909.66$44,192
Feb 20082021,80492.538.77$34,513
Jan 20081991,75190.388.21$32,354
Dec 20073991,94788.337.30$49,461
Nov 200701,66291.677.29$12,119
Oct 20071922,18882.856.92$31,052
Sep 20071962,53675.846.24$30,700
Aug 20071992,78169.066.39$31,508
Jul 20071912,77770.906.39$31,281
Jun 200702,80262.007.55$21,151
May 200703,00758.747.85$23,594
Apr 20073902,85259.617.81$45,508
Mar 20071923,04356.927.30$33,149
Feb 20071902,57355.108.22$31,609
Jan 20073992,84950.306.73$39,235
Dec 20064023,11456.656.92$44,317
Nov 20061953,24654.207.62$35,295
Oct 20061943,26254.906.01$30,268
Sep 20061893,33760.085.04$28,164
Aug 20065463,42368.717.34$62,640
Jul 200604,38269.376.34$27,794
Jun 20063584,09066.286.38$49,838
May 20063613,98766.016.42$49,446
Apr 20065383,76164.397.36$62,325
Mar 200603,75756.707.08$26,611
Feb 20063603,59357.597.75$48,582
Jan 20067154,19360.598.93$80,779
Dec 20053514,41654.9413.42$78,526
Nov 20053564,49254.6910.59$67,033
Oct 20053605,08358.3413.80$91,126
Sep 20053564,71761.4512.08$78,853
Aug 20057083,96161.519.80$82,354
Jul 20051814,72755.697.84$47,157
Jun 20053574,87852.337.38$54,687
May 20055265,46145.226.65$60,108
Apr 20055395,40449.207.36$66,295
Mar 20055405,66650.377.15$67,739
Feb 20055435,23245.226.31$57,578
Jan 20055385,86043.166.32$60,268
Dec 20047276,18239.866.75$70,713
Nov 20043646,15645.286.33$55,452
Oct 20047147,38349.706.52$83,587
Sep 20047117,27843.245.28$69,200
Aug 20047227,93642.375.55$74,641
Jul 20047117,56438.286.08$73,238
Jun 20041,0607,56536.106.43$86,932
May 20043499,26137.486.49$73,227
Apr 20041,0699,39234.475.86$91,871
Mar 200473010,55834.365.53$83,470
Feb 20041,0849,36932.455.51$86,795
Jan 20041,08010,07632.036.30$98,068
Dec 20031,26011,69830.266.30$111,844
Nov 20031,46514,24828.804.60$107,664
Oct 20031,43918,21828.174.76$127,248
Sep 20031,79815,52126.314.75$121,020
Aug 20031,94719,40129.765.13$157,464
Jul 20032,75722,83829.415.17$199,175
Jun 20033,38333,32628.565.98$296,007
May 20035,21245,53026.595.97$410,523
Apr 20034,8934,93626.675.41$157,187
Mar 20030031.146.10$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.

May 2026 — as filed, then multipliedworked
Condensate            26 bbl  × $106.41 =     $2,767
Gas                    0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                   $2,767

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/195882 is the state's own key, not one this site invented.