CAGE RANCH II

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 197879District 04Field 424892402 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.9 M
Aug 2003 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
274
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 Gas112004-10-18158198
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
CondensateDisposition20,472 bbl$952,733
GasProduction335,782 Mcf$1,981,188
Total$2,933,922

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 27.0699, -98.1733. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.06988, -98.17328 · 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
Aug 2003
1 of 1 wells

1 well

42-04731785647211,000 ftAug 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 (274)

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

274 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 20240284.451.66$3
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 2022013484.888.16$1,094
Aug 2022010194.529.13$922
Jul 20220108101.587.54$815
Jun 20220114115.097.98$909
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 2021286066.024.22$18,882
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 202001,33530.341.86$2,478
Feb 2020021449.881.98$424
Jan 20200057.252.09$0
Dec 201909059.012.30$207
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 2019023655.052.66$627
Aug 20190053.112.30$0
Jul 2019043256.272.46$1,063
Jun 2019028252.782.49$703
May 201906658.482.74$181
Apr 20190062.632.75$0
Mar 2019021256.803.06$649
Feb 2019064250.852.79$1,793
Jan 2019010846.033.23$349
Dec 201828334546.594.19$14,629
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 2018051565.142.93$1,510
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 201838667463.842.90$26,597
Mar 2018017361.222.79$482
Feb 20180061.782.77$0
Jan 2018045662.874.01$1,828
Dec 20170057.272.92$0
Nov 2017060455.423.12$1,883
Oct 201704349.292.98$128
Sep 2017023147.523.09$713
Aug 20170045.373.00$0
Jul 201701443.873.09$43
Jun 2017028842.493.09$889
May 2017017845.373.26$581
Apr 2017045847.933.21$1,471
Mar 20170046.772.98$0
Feb 2017054050.452.95$1,594
Jan 20170649.413.42$21
Dec 2016016948.763.72$629
Nov 2016070542.492.64$1,864
Oct 201602746.193.09$83
Sep 2016024941.553.10$772
Aug 2016054441.442.92$1,591
Jul 201602641.622.92$76
Jun 2016040145.352.69$1,077
May 2016025942.521.99$516
Apr 20161942536.561.99$7,142
Mar 2016047733.011.79$856
Feb 201601726.472.06$35
Jan 2016021227.352.36$501
Dec 2015052432.362.00$1,049
Nov 201503638.792.17$78
Oct 2015046243.552.43$1,121
Sep 2015033742.992.76$930
Aug 201505640.162.87$161
Jul 201519148848.152.95$10,634
Jun 201503456.152.88$98
May 201505755.212.96$168
Apr 2015026949.822.71$728
Mar 2015038942.892.93$1,142
Feb 2015045444.662.98$1,351
Jan 2015011743.433.10$363
Dec 2014043054.693.59$1,544
Nov 2014070270.464.25$2,985
Oct 2014037678.303.90$1,467
Sep 2014019086.164.05$769
Aug 201406289.394.04$250
Jul 2014029996.564.18$1,250
Jun 2014048098.164.74$2,274
May 2014042194.734.73$1,990
Apr 2014052295.944.81$2,510
Mar 201406895.895.06$344
Feb 201419530397.406.19$20,869
Jan 2014011490.404.86$554
Dec 201302991.824.35$126
Nov 2013037588.853.74$1,402
Oct 2013031197.423.78$1,175
Sep 20130490104.113.72$1,822
Aug 20130511104.253.52$1,800
Jul 20130420102.523.72$1,561
Jun 201319056694.403.93$20,162
May 2013060994.834.15$2,527
Apr 201303093.964.28$128
Mar 201304293.623.91$164
Feb 2013024591.233.42$838
Jan 2013051091.603.42$1,744
Dec 20120086.773.42$0
Nov 20120386.953.62$11
Oct 2012051189.383.40$1,737
Sep 201219331494.672.92$19,188
Aug 2012016992.662.91$491
Jul 2012040885.133.02$1,232
Jun 2012034379.822.52$864
May 2012044091.612.49$1,095
Apr 20120410101.652.00$819
Mar 20120445105.052.22$989
Feb 20120470101.102.57$1,208
Jan 2012042098.092.73$1,148
Dec 201119639396.873.24$20,260
Nov 2011042395.723.31$1,401
Oct 2011040284.983.65$1,467
Sep 2011040883.623.99$1,626
Aug 2011044083.404.15$1,826
Jul 201117843794.144.52$18,731
Jun 2011043692.904.64$2,023
May 2011044398.134.40$1,951
Apr 20110429105.964.33$1,859
Mar 2011047196.364.06$1,911
Feb 2011043685.644.18$1,822
Jan 201118946486.504.59$18,478
Dec 2010060685.734.35$2,635
Nov 2010049980.843.80$1,894
Oct 201018247178.103.51$15,867
Sep 2010045172.633.98$1,795
Aug 2010047673.684.42$2,104
Jul 2010041372.554.74$1,956
Jun 2010037270.364.91$1,827
May 2010045471.124.24$1,923
Apr 2010039481.694.12$1,624
Mar 201019262378.394.39$17,785
Feb 2010044573.585.44$2,422
Jan 2010054474.365.96$3,244
Dec 2009040671.445.48$2,226
Nov 2009064174.593.75$2,405
Oct 200919273772.544.11$16,957
Sep 2009071365.543.06$2,185
Aug 2009079167.423.22$2,546
Jul 200918379261.133.46$13,931
Jun 2009088166.163.90$3,432
May 200901,08554.743.93$4,259
Apr 200919198846.773.59$12,478
Mar 200901,06942.144.06$4,339
Feb 20091901,05932.814.63$11,140
Jan 2009094535.865.37$5,076
Dec 20082001,49937.105.98$16,380
Nov 200801,31755.496.86$9,035
Oct 200801,17375.246.92$8,119
Sep 2008197899101.767.88$27,128
Aug 20080490114.228.48$4,157
Jul 20080754131.0811.39$8,588
Jun 200801,075131.3313.03$14,010
May 20082001,044123.1711.57$36,718
Apr 200801,078110.3110.45$11,270
Mar 200801,284101.909.66$12,409
Feb 200819975392.538.77$25,018
Jan 200801,17790.388.21$9,658
Dec 20071801,20688.337.30$24,706
Nov 20071801,07391.677.29$24,325
Oct 2007089082.856.92$6,161
Sep 20071971,20875.846.24$22,483
Aug 200701,11269.066.39$7,103
Jul 20071971,71770.906.39$24,935
Jun 200701,74462.007.55$13,165
May 200701,83558.747.85$14,398
Apr 20071961,86559.617.81$26,240
Mar 200701,96956.927.30$14,378
Feb 200701,89555.108.22$15,569
Jan 20072011,95750.306.73$23,275
Dec 20063942,00756.656.92$36,205
Nov 200601,85954.207.62$14,161
Oct 20063562,20454.906.01$32,799
Sep 200602,11160.085.04$10,634
Aug 20061912,07268.717.34$28,332
Jul 200602,19869.376.34$13,941
Jun 200602,34766.286.38$14,983
May 20061831,93166.016.42$24,487
Apr 200601,96764.397.36$14,478
Mar 20063562,58256.707.08$38,473
Feb 200602,49857.597.75$19,362
Jan 20063582,94060.598.93$47,955
Dec 200502,76154.9413.42$37,040
Nov 20053583,05254.6910.59$51,895
Oct 200503,17858.3413.80$43,843
Sep 20053482,72561.4512.08$54,300
Aug 200503,93161.519.80$38,511
Jul 200503,57855.697.84$28,065
Jun 200503,96552.337.38$29,266
May 20053513,28545.226.65$37,721
Apr 200503,39949.207.36$25,018
Mar 200503,45950.377.15$24,749
Feb 20053543,19445.226.31$36,168
Jan 200503,72143.166.32$23,525
Dec 20043543,80239.866.75$39,778
Nov 200404,15745.286.33$26,316
Oct 200434932049.706.52$19,430
Sep 20043594,76343.245.28$40,690
Aug 20043565,26342.375.55$44,297
Jul 20043506,74338.286.08$54,424
Jun 20043565,02936.106.43$45,203
May 20043586,36837.486.49$54,775
Apr 20043596,84734.475.86$52,488
Mar 20043528,31434.365.53$58,072
Feb 20043738,67032.455.51$59,872
Jan 200474810,65832.036.30$91,100
Dec 200343012,43330.266.30$91,360
Nov 200372315,25228.804.60$90,908
Oct 20031,81922,53428.174.76$158,495
Sep 20032,94640,91726.314.75$271,839
Aug 20031,43327,72429.765.13$184,862

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.

Apr 2024 — as filed, then multipliedworked
Condensate             0 bbl  × $ 84.45 =         $0
Gas                    2 Mcf  × $  1.66 =         $3

────────────────────────────────────────────────────
Month total                                       $3

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/197879 is the state's own key, not one this site invented.