OLMITOS RANCH 1529

Operated by TARE RESOURCES, LLC (P-5 836026) in the BRISCOE (LOBO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 226878District 04Field 120064502 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.0 M
Feb 2007 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
232
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 9 leases and 9 wells, and the rule below applies to all of them.

Discovered
1985-03-09
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: ADMINISTRATIVE ALLOCATION FORMUAL SUSPENDED EFF. 04/01/92

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 Gas112009-05-04190540
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
CondensateDisposition8,430 bbl$733,208
GasProduction843,568 Mcf$5,301,456
Total$6,034,664

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 27.7786, -98.9952. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.77860, -98.99517 · 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
10,000 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 10,000 ft.

Completions filed
Feb 2007
1 of 1 wells

1 well

42-47939761410,000 ftFeb 2007

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 (232)

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

232 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 2025250360.553.23$1,747
Apr 2025069062.363.54$2,445
Mar 2025065467.704.27$2,791
Feb 2025353070.884.34$2,513
Jan 2025042574.324.28$1,818
Dec 2024094868.993.12$2,959
Nov 2024064969.052.20$1,427
Oct 20245840671.372.28$5,066
Sep 2024059369.612.36$1,402
Aug 2024059775.632.06$1,232
Jul 2024765579.932.15$1,966
Jun 202404278.082.63$111
May 2024261378.812.20$1,505
Apr 2024033984.451.66$562
Mar 2024426680.301.55$732
Feb 2024049776.091.78$886
Jan 2024059773.023.30$1,969
Dec 2023372871.262.61$2,114
Nov 2023049477.892.81$1,387
Oct 20231324285.443.09$1,858
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 2023014774.852.64$388
Jun 2023028768.962.26$648
May 202308970.622.23$198
Apr 2023017878.122.24$398
Mar 20231542872.852.39$2,117
Feb 2023037275.112.47$917
Jan 2023040076.533.39$1,355
Dec 2022023776.415.73$1,358
Nov 20224085.005.65$340
Oct 20221643487.185.86$3,940
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 20220669101.587.54$5,046
Jun 20220739115.097.98$5,895
May 20220525109.378.43$4,427
Apr 20226648104.226.84$5,056
Mar 20220697108.885.08$3,538
Feb 2022075991.054.86$3,688
Jan 2022568181.844.54$3,499
Dec 2021064271.323.90$2,503
Nov 2021027177.435.24$1,419
Oct 2021018179.795.71$1,034
Sep 2021575669.865.35$4,395
Aug 2021079266.024.22$3,343
Jul 2021040170.783.98$1,597
Jun 2021061369.493.38$2,072
May 2021646763.483.02$1,790
Apr 2021062560.362.76$1,724
Mar 2021061761.302.72$1,676
Feb 2021045157.805.55$2,502
Jan 20211183550.412.81$2,901
Dec 2020071544.642.68$1,913
Nov 202001,09138.772.71$2,953
Oct 2020066436.972.48$1,646
Sep 2020047937.091.99$954
Aug 20202351939.982.39$2,157
Jul 2020057538.371.83$1,049
Jun 2020652234.901.69$1,092
May 2020553216.921.81$1,050
Apr 20201374614.751.80$1,538
Mar 2020085630.341.86$1,589
Feb 2020058849.881.98$1,165
Jan 2020083057.252.09$1,739
Dec 2019356059.012.30$1,467
Nov 2019866255.302.75$2,263
Oct 2019672953.472.42$2,084
Sep 2019068755.052.66$1,826
Aug 201931,11553.112.30$2,729
Jul 2019033756.272.46$829
Jun 2019348652.782.49$1,369
May 2019227058.482.74$857
Apr 2019245862.632.75$1,385
Mar 2019012356.803.06$377
Feb 2019036750.852.79$1,025
Jan 2019021446.033.23$691
Dec 201811216346.594.19$5,900
Nov 2018041252.934.24$1,746
Oct 2018045661.443.40$1,550
Sep 20182131959.543.11$2,242
Aug 2018037959.403.07$1,162
Jul 2018054565.142.93$1,598
Jun 20181373960.183.08$3,056
May 20181176165.382.90$2,927
Apr 20181093263.842.90$3,342
Mar 2018086461.222.79$2,408
Feb 2018868561.782.77$2,389
Jan 2018870862.874.01$3,342
Dec 2017597157.272.92$3,123
Nov 2017380755.423.12$2,683
Oct 2017780649.292.98$2,750
Sep 2017089447.523.09$2,760
Aug 2017069945.373.00$2,100
Jul 201701,33143.873.09$4,109
Jun 201781,43942.493.09$4,783
May 201701,09445.373.26$3,570
Apr 2017073047.933.21$2,344
Mar 2017096446.772.98$2,876
Feb 2017882150.452.95$2,828
Jan 201701,39349.413.42$4,762
Dec 201681,53248.763.72$6,093
Nov 201691,37342.492.64$4,013
Oct 201671,81346.193.09$5,926
Sep 201601,34241.553.10$4,161
Aug 201661,40341.442.92$4,351
Jul 20161741,45441.622.92$11,494
Jun 2016597845.352.69$2,853
May 201601,29042.521.99$2,568
Apr 201691,20636.561.99$2,730
Mar 201651,33633.011.79$2,562
Feb 201651,23426.472.06$2,679
Jan 201651,32827.352.36$3,277
Dec 201551,24632.362.00$2,656
Nov 201501,62138.792.17$3,513
Oct 201541,10743.552.43$2,860
Sep 201551,40142.992.76$4,080
Aug 201531,42640.162.87$4,217
Jul 201531,73248.152.95$5,245
Jun 2015089956.152.88$2,592
May 201521,20755.212.96$3,678
Apr 2015997849.822.71$3,095
Mar 201501,40042.892.93$4,109
Feb 201561,48444.662.98$4,685
Jan 201501,51343.433.10$4,691
Dec 201471,21154.693.59$4,732
Nov 201401,36370.464.25$5,795
Oct 201481,54378.303.90$6,646
Sep 201451,78286.164.05$7,640
Aug 201482,25089.394.04$9,794
Jul 20141681,94296.564.18$24,339
Jun 201491,45498.164.74$7,771
May 201442,09294.734.73$10,267
Apr 201401,64995.944.81$7,930
Mar 201402,09795.895.06$10,604
Feb 201401,69997.406.19$10,520
Jan 2014085390.404.86$4,146
Dec 201301,98091.824.35$8,622
Nov 201301,54988.853.74$5,791
Oct 201301,40997.423.78$5,325
Sep 201301,865104.113.72$6,934
Aug 201301,774104.253.52$6,249
Jul 20131332,138102.523.72$21,584
Jun 201302,42594.403.93$9,539
May 201302,60494.834.15$10,804
Apr 201301,70793.964.28$7,310
Mar 201302,03093.623.91$7,943
Feb 201302,10491.233.42$7,195
Jan 201301,80491.603.42$6,170
Dec 201201,87086.773.42$6,396
Nov 201201,86386.953.62$6,753
Oct 201202,76489.383.40$9,397
Sep 201203,81594.672.92$11,134
Aug 2012086792.662.91$2,521
Jul 201202,24485.133.02$6,779
Jun 201202,88779.822.52$7,272
May 201201,87691.612.49$4,668
Apr 201202,945101.652.00$5,881
Mar 201203,206105.052.22$7,124
Feb 201203,130101.102.57$8,045
Jan 201203,43998.092.73$9,403
Dec 201103,57396.873.24$11,576
Nov 201103,64395.723.31$12,063
Oct 201102,44784.983.65$8,928
Sep 201102,17483.623.99$8,665
Aug 201103,04083.404.15$12,614
Jul 201103,28294.144.52$14,826
Jun 201103,66292.904.64$16,991
May 201103,24598.134.40$14,294
Apr 201103,651105.964.33$15,821
Mar 201105,17596.364.06$20,997
Feb 201104,50985.644.18$18,848
Jan 201105,33486.504.59$24,477
Dec 201005,53085.734.35$24,043
Nov 201007,74580.843.80$29,395
Oct 201005,60578.103.51$19,667
Sep 201004,88572.633.98$19,440
Aug 201004,61373.684.42$20,387
Jul 201001,42672.554.74$6,754
Jun 201001,92170.364.91$9,433
May 20101653,93271.124.24$28,388
Apr 201003,65381.694.12$15,060
Mar 201005,03078.394.39$22,075
Feb 201004,08473.585.44$22,227
Jan 201005,82574.365.96$34,741
Dec 200906,25271.445.48$34,284
Nov 200906,29174.593.75$23,601
Oct 20091745,78572.544.11$36,400
Sep 200907,36165.543.06$22,560
Aug 2009136,70267.423.22$22,447
Jul 20091776,27561.133.46$32,560
Jun 200907,02866.163.90$27,374
May 200906,71754.743.93$26,369
Apr 2009011,96946.773.59$42,939
Mar 200916812,67842.144.06$58,540
Feb 200915911,57832.814.63$58,858
Jan 2009013,24435.865.37$71,134
Dec 2008014,20537.105.98$84,905
Nov 2008050,35255.496.86$345,433
Oct 200818442,70075.246.92$309,413
Sep 200818217,452101.767.88$155,991
Aug 200817619,342114.228.48$184,181
Jul 200815621,025131.0811.39$259,911
Jun 200817921,545131.3313.03$304,296
May 200835923,221123.1711.57$312,985
Apr 200836421,208110.3110.45$261,880
Mar 200818117,618101.909.66$188,705
Feb 200854321,51892.538.77$238,969
Jan 200870422,10090.388.21$244,974
Dec 20071,06433,92388.337.30$341,688
Nov 200789042,15391.677.29$388,953
Oct 20071,35062,15582.856.92$542,083
Sep 200718210,01575.846.24$76,338
Aug 200701,34769.066.39$8,605
Jul 200703,84970.906.39$24,587
Jun 200709,49862.007.55$71,695
May 2007015,01758.747.85$117,828
Apr 200707,42059.617.81$57,915
Mar 200702,06256.927.30$15,057
Feb 20070055.108.22$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 2025 — as filed, then multipliedworked
Condensate             2 bbl  × $ 60.55 =       $121
Gas                  503 Mcf  × $  3.23 =     $1,626

────────────────────────────────────────────────────
Month total                                   $1,747

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/226878 is the state's own key, not one this site invented.