OLMITOS RANCH 1529

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

Gas lease lease 229686District 04Field 932154002 tax incentive programmesCondensateGasSaveExport
Value, all time
$20.7 M
Jan 2007 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
233
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 909 leases and 909 wells, and the rule below applies to all of them.

Discovered
1998-02-24
as the register files it
Field class
Oil and 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: NO P-15 OR PLAT REQUIRED.

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 Gas112009-03-30190541
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
CondensateDisposition28,600 bbl$2,382,747
GasProduction2,690,453 Mcf$18,282,161
Total$20,664,907

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 27.7670, -98.9963. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.76695, -98.99628 · 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
9,102 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 9,102 ft.

Completions filed
Jan 2007
1 of 1 wells

1 well

42-4793969929,102 ftJan 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 (233)

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

233 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 2025164960.553.23$2,158
Apr 2025057762.363.54$2,044
Mar 2025055867.704.27$2,382
Feb 2025365270.884.34$3,043
Jan 2025064374.324.28$2,751
Dec 2024043968.993.12$1,370
Nov 2024046569.052.20$1,022
Oct 2024533271.372.28$1,114
Sep 2024070269.612.36$1,660
Aug 2024051275.632.06$1,057
Jul 2024655879.932.15$1,677
Jun 202406578.082.63$171
May 2024246078.812.20$1,169
Apr 2024035484.451.66$587
Mar 2024446680.301.55$1,041
Feb 2024049876.091.78$888
Jan 2024051173.023.30$1,685
Dec 2023366871.262.61$1,958
Nov 2023058077.892.81$1,628
Oct 2023356885.443.09$2,010
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 202309774.852.64$256
Jun 2023062368.962.26$1,407
May 2023026370.622.23$586
Apr 2023029378.122.24$656
Mar 20231078172.852.39$2,598
Feb 2023047675.112.47$1,174
Jan 2023084376.533.39$2,856
Dec 2022094576.415.73$5,414
Nov 2022745985.005.65$3,187
Oct 2022093487.185.86$5,477
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 20220823101.587.54$6,207
Jun 202201,398115.097.98$11,152
May 20220580109.378.43$4,891
Apr 20223825104.226.84$5,954
Mar 20220622108.885.08$3,158
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 2021013477.435.24$702
Oct 2021010679.795.71$606
Sep 2021543769.865.35$2,688
Aug 2021087166.024.22$3,676
Jul 2021052370.783.98$2,083
Jun 2021056269.493.38$1,900
May 2021743763.483.02$1,763
Apr 2021060860.362.76$1,677
Mar 2021079261.302.72$2,152
Feb 2021041757.805.55$2,314
Jan 2021551350.412.81$1,694
Dec 2020026344.642.68$704
Nov 2020069438.772.71$1,878
Oct 2020054936.972.48$1,361
Sep 2020046537.091.99$926
Aug 2020666139.982.39$1,816
Jul 202001,02538.371.83$1,871
Jun 2020131,23634.901.69$2,543
May 202001,14216.921.81$2,072
Apr 202001,18914.751.80$2,145
Mar 202001,15630.341.86$2,146
Feb 202001,23149.881.98$2,438
Jan 2020087157.252.09$1,825
Dec 201901,36059.012.30$3,134
Nov 2019083355.302.75$2,291
Oct 2019360353.472.42$1,619
Sep 2019269055.052.66$1,944
Aug 2019298853.112.30$2,383
Jul 2019048856.272.46$1,201
Jun 2019041652.782.49$1,036
May 2019023358.482.74$638
Apr 2019035662.632.75$979
Mar 20190056.803.06$0
Feb 2019014650.852.79$408
Jan 2019011646.033.23$374
Dec 201805146.594.19$213
Nov 2018022552.934.24$953
Oct 2018038261.443.40$1,298
Sep 20189347259.543.11$7,004
Aug 2018023959.403.07$733
Jul 2018030565.142.93$894
Jun 2018044660.183.08$1,372
May 20183345565.382.90$3,477
Apr 20181987263.842.90$3,742
Mar 201802,87361.222.79$8,007
Feb 2018098761.782.77$2,730
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 2017050455.423.12$1,572
Oct 2017788149.292.98$2,974
Sep 2017083547.523.09$2,578
Aug 201701,03445.373.00$3,107
Jul 201701,00943.873.09$3,115
Jun 2017795542.493.09$3,246
May 2017097845.373.26$3,192
Apr 2017063847.933.21$2,049
Mar 2017086546.772.98$2,581
Feb 20171750050.452.95$2,334
Jan 201702,63749.413.42$9,015
Dec 2016141,83048.763.72$7,495
Nov 2016152,60742.492.64$7,531
Oct 2016113,10046.193.09$10,088
Sep 201602,35341.553.10$7,296
Aug 2016143,17441.442.92$9,862
Jul 2016123,15641.622.92$9,729
Jun 2016142,26545.352.69$6,718
May 201603,44442.521.99$6,857
Apr 2016283,90736.561.99$8,803
Mar 2016113,96633.011.79$7,478
Feb 2016162,69126.472.06$5,977
Jan 2016124,15527.352.36$10,152
Dec 2015123,06232.362.00$6,517
Nov 201504,02438.792.17$8,721
Oct 201593,13343.552.43$7,994
Sep 201593,52942.992.76$10,121
Aug 201552,84640.162.87$8,376
Jul 20151843,94448.152.95$20,475
Jun 201503,50756.152.88$10,110
May 2015164,26055.212.96$13,474
Apr 2015213,62049.822.71$10,844
Mar 201503,18742.892.93$9,353
Feb 2015224,17044.662.98$13,393
Jan 201504,65443.433.10$14,430
Dec 2014234,35054.693.59$16,880
Nov 201404,74670.464.25$20,179
Oct 2014215,21578.303.90$21,988
Sep 20141804,87186.164.05$35,214
Aug 2014165,00289.394.04$21,614
Jul 201404,14496.564.18$17,320
Jun 201434,51898.164.74$21,696
May 2014261694.734.73$3,101
Apr 2014073895.944.81$3,549
Mar 2014072995.895.06$3,686
Feb 201401,44697.406.19$8,954
Jan 201402,62790.404.86$12,769
Dec 201302,89391.824.35$12,598
Nov 201309388.853.74$348
Oct 2013036297.423.78$1,368
Sep 201303,165104.113.72$11,767
Aug 201302,595104.253.52$9,141
Jul 2013173,579102.523.72$15,049
Jun 201301,89394.403.93$7,446
May 201302,84494.834.15$11,800
Apr 201303,70093.964.28$15,846
Mar 201304,02993.623.91$15,765
Feb 201304,83291.233.42$16,525
Jan 201305,11791.603.42$17,500
Dec 201204,73786.773.42$16,201
Nov 201205,48286.953.62$19,872
Oct 201205,52989.383.40$18,797
Sep 201206,14694.672.92$17,936
Aug 2012087792.662.91$2,550
Jul 201205,32985.133.02$16,098
Jun 201205,88279.822.52$14,817
May 201206,62091.612.49$16,473
Apr 201206,037101.652.00$12,055
Mar 201202,046105.052.22$4,546
Feb 201203,130101.102.57$8,045
Jan 201206,57098.092.73$17,963
Dec 20111816,77396.873.24$39,476
Nov 201107,08595.723.31$23,460
Oct 20111877,28684.983.65$42,475
Sep 20113616,33883.623.99$55,449
Aug 20111828,65083.404.15$51,070
Jul 20111859,95994.144.52$62,403
Jun 2011015,97492.904.64$74,117
May 201118513,50998.134.40$77,659
Apr 201118313,493105.964.33$77,860
Mar 201118617,98896.364.06$90,906
Feb 201118916,05985.644.18$83,312
Jan 201118815,08686.504.59$85,488
Dec 201018717,75585.734.35$93,226
Nov 201018217,70380.843.80$81,902
Oct 201035918,74478.103.51$93,809
Sep 2010014,34672.633.98$57,089
Aug 201017711,95773.684.42$65,884
Jul 201015612,01172.554.74$68,208
Jun 201015614,35970.364.91$81,485
May 201036011,56571.124.24$74,584
Apr 201018012,77181.694.12$67,355
Mar 201036016,97078.394.39$102,696
Feb 201018613,27173.585.44$85,911
Jan 201018619,35474.365.96$129,260
Dec 200919025,45571.445.48$153,162
Nov 200937122,30274.593.75$111,339
Oct 200937322,71372.544.11$120,414
Sep 200936023,34065.543.06$95,126
Aug 200918726,56967.423.22$98,120
Jul 200934727,86561.133.46$117,750
Jun 200937431,63466.163.90$147,958
May 200917724,25354.743.93$104,900
Apr 200955530,50446.773.59$135,390
Mar 200936732,73842.144.06$148,349
Feb 200954934,37332.814.63$177,263
Jan 200952843,75335.865.37$253,931
Dec 200873345,16337.105.98$297,140
Nov 200855164,95755.496.86$476,203
Oct 200855452,62675.246.92$405,959
Sep 200855458,216101.767.88$514,948
Aug 200853470,546114.228.48$659,437
Jul 200836578,685131.0811.39$944,022
Jun 200889471,355131.3313.03$1,047,352
May 200891290,178123.1711.57$1,156,077
Apr 2008924102,287110.3110.45$1,171,323
Mar 20081,285123,720101.909.66$1,326,580
Feb 20081,277125,36892.538.77$1,217,711
Jan 20081,826143,64490.388.21$1,343,738
Dec 20071,941166,55488.337.30$1,387,621
Nov 20071,976191,92391.677.29$1,580,585
Oct 20072,331183,99082.856.92$1,466,698
Sep 20071,756138,38975.846.24$997,298
Aug 200734042,72269.066.39$296,386
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 2007037358.747.85$2,927
Apr 200701,68859.617.81$13,175
Mar 200701856.927.30$131
Feb 20070055.108.22$0
Jan 20070050.306.73$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             1 bbl  × $ 60.55 =        $61
Gas                  649 Mcf  × $  3.23 =     $2,098

────────────────────────────────────────────────────
Month total                                   $2,158

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/229686 is the state's own key, not one this site invented.