CANALES, E. G.

Operated by REMORA OPERATING, LLC (P-5 701613) in the T-C-B (VXBG CONSOLIDATED) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 234048District 04Field 899451052 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.7 M
Jun 2007 – May 2026
Value, last 12 filed months
$7 k
at the published price for each month
Months reported
228
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 154 leases and 160 wells, and the rule below applies to all of them.

Discovered
2011-05-24
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 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 2011-06-01.

The Commission's schedule remark for this field reads: INTO THIS FIELD. EFF DATE IS 02/01/14.

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 Gas112008-06-16183039
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
CondensateDisposition23,027 bbl$1,712,954
GasProduction698,391 Mcf$3,986,713
Total$5,699,667

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 27.3159, -98.0313. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.31592, -98.03134 · 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
11,500 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 11,500 ft.

Completions filed
Jun 2007
1 of 1 wells

1 well

42-273324864111,500 ftJun 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 (228)

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

228 months

May 20264144106.413.05$864
Apr 202614098.932.87$214
Mar 202628589.753.15$447
Feb 202636463.503.75$431
Jan 202647859.138.00$860
Dec 202565956.664.41$600
Nov 202567358.593.93$638
Oct 202599059.383.30$832
Sep 202511362.743.08$103
Aug 202555163.933.01$473
Jul 202558466.743.32$612
Jun 2025813366.483.13$948
May 2025812960.553.23$901
Apr 2025811662.363.54$910
Mar 2025812767.704.27$1,084
Feb 2025814670.884.34$1,201
Jan 2025612174.324.28$964
Dec 2024614268.993.12$857
Nov 2024610669.052.20$647
Oct 2024916271.372.28$1,012
Sep 2024915869.612.36$1,000
Aug 2024912075.632.06$928
Jul 2024912979.932.15$996
Jun 202469178.082.63$708
May 202456878.812.20$544
Apr 2024810084.451.66$842
Mar 2024611880.301.55$664
Feb 2024512576.091.78$603
Jan 2024716073.023.30$1,039
Dec 2023820271.262.61$1,097
Nov 2023922677.892.81$1,336
Oct 2023823685.443.09$1,412
Sep 2023311989.042.74$593
Aug 202304480.522.67$118
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 2023015978.122.24$356
Mar 2023017172.852.39$409
Feb 2023017275.112.47$424
Jan 2023020576.533.39$694
Dec 2022020676.415.73$1,180
Nov 202206885.005.65$384
Oct 202208087.185.86$469
Sep 2022013284.888.16$1,078
Aug 2022013894.529.13$1,260
Jul 202200101.587.54$0
Jun 20220110115.097.98$877
May 20220121109.378.43$1,020
Apr 20220117104.226.84$800
Mar 20220108108.885.08$548
Feb 2022010291.054.86$496
Jan 2022012281.844.54$554
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 202105779.795.71$326
Sep 20210069.865.35$0
Aug 202103766.024.22$156
Jul 202105770.783.98$227
Jun 20210869.493.38$27
May 202102663.483.02$78
Apr 202101060.362.76$28
Mar 202105161.302.72$139
Feb 202104057.805.55$222
Jan 202104150.412.81$115
Dec 20200044.642.68$0
Nov 202001138.772.71$30
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 202001538.371.83$27
Jun 202001234.901.69$20
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 202001430.341.86$26
Feb 202001149.881.98$22
Jan 20200057.252.09$0
Dec 201908859.012.30$203
Nov 2019025955.302.75$712
Oct 2019024753.472.42$597
Sep 201907855.052.66$207
Aug 201902953.112.30$67
Jul 20190056.272.46$0
Jun 201904552.782.49$112
May 2019011958.482.74$326
Apr 20197111362.632.75$4,758
Mar 20198326356.803.06$5,520
Feb 20195993550.852.79$5,611
Jan 2019671,22846.033.23$7,048
Dec 2018751,33346.594.19$9,073
Nov 2018741,86152.934.24$11,802
Oct 2018201,67661.443.40$6,924
Sep 20182745059.543.11$3,006
Aug 2018651,57859.403.07$8,700
Jul 2018671,35165.142.93$8,325
Jun 2018781,48060.183.08$9,248
May 2018711,73165.382.90$9,663
Apr 2018591,08063.842.90$6,899
Mar 2018751,30761.222.79$8,234
Feb 2018761,73061.782.77$9,481
Jan 20181622,72362.874.01$21,102
Dec 2017132,58157.272.92$8,285
Nov 2017622,88755.423.12$12,439
Oct 2017802,75649.292.98$12,166
Sep 2017853,37447.523.09$14,456
Aug 2017772,18645.373.00$10,061
Jul 2017972,50143.873.09$11,977
Jun 20171592,78942.493.09$15,366
May 2017361,45245.373.26$6,372
Apr 2017721,86247.933.21$9,431
Mar 2017792,06646.772.98$9,859
Feb 2017842,23850.452.95$10,846
Jan 2017852,70149.413.42$13,434
Dec 2016622,34448.763.72$11,749
Nov 2016832,74642.492.64$10,788
Oct 2016913,40646.193.09$14,729
Sep 2016832,74941.553.10$11,972
Aug 2016783,04541.442.92$12,137
Jul 20161405,67841.622.92$22,431
Jun 20162245.352.69$96
May 2016482,03842.521.99$6,099
Apr 2016532,67636.561.99$7,266
Mar 2016643,06033.011.79$7,602
Feb 2016562,99726.472.06$7,667
Jan 2016633,19727.352.36$9,282
Dec 2015623,83532.362.00$9,682
Nov 2015543,62438.792.17$9,949
Oct 2015503,18643.552.43$9,909
Sep 2015663,24342.992.76$11,783
Aug 2015593,56340.162.87$12,604
Jul 2015743,79548.152.95$14,740
Jun 2015543,00256.152.88$11,686
May 2015903,56655.212.96$15,508
Apr 2015903,48249.822.71$13,908
Mar 20151502,68442.892.93$14,310
Feb 20151453,08844.662.98$15,666
Jan 20151073,20643.433.10$14,588
Dec 20141213,08554.693.59$17,697
Nov 2014874,35170.464.25$24,630
Oct 2014773,67578.303.90$20,365
Sep 2014733,67286.164.05$21,145
Aug 2014884,29489.394.04$25,193
Jul 20141114,12796.564.18$27,967
Jun 20141104,31598.164.74$31,237
May 2014314,43194.734.73$23,880
Apr 2014153,94095.944.81$20,387
Mar 2014163,99295.895.06$21,721
Feb 2014391,19097.406.19$11,167
Jan 2014521,06290.404.86$9,863
Dec 2013531,31691.824.35$10,597
Nov 2013441,25788.853.74$8,608
Oct 2013421,16397.423.78$8,487
Sep 2013451,113104.113.72$8,823
Aug 2013551,384104.253.52$10,609
Jul 2013511,325102.523.72$10,155
Jun 2013391,41994.403.93$9,263
May 2013501,21894.834.15$9,795
Apr 2013541,22393.964.28$10,311
Mar 2013571,13993.623.91$9,793
Feb 2013591,32791.233.42$9,921
Jan 2013521,29191.603.42$9,178
Dec 2012611,28386.773.42$9,681
Nov 2012431,50586.953.62$9,194
Oct 2012471,63989.383.40$9,773
Sep 2012371,52594.672.92$7,953
Aug 2012561,66192.662.91$10,019
Jul 2012581,74885.133.02$10,218
Jun 2012751,80779.822.52$10,538
May 2012751,44991.612.49$10,476
Apr 2012781,929101.652.00$11,781
Mar 2012721,922105.052.22$11,834
Feb 2012781,754101.102.57$12,394
Jan 2012681,73398.092.73$11,408
Dec 2011681,38496.873.24$11,071
Nov 2011541,33995.723.31$9,603
Oct 2011461,60684.983.65$9,769
Sep 201110190783.623.99$12,061
Aug 2011931,70583.404.15$14,831
Jul 20111071,86094.144.52$18,475
Jun 20111221,93092.904.64$20,289
May 20111352,03398.134.40$22,203
Apr 20111592,033105.964.33$25,657
Mar 20112142,20896.364.06$29,580
Feb 20111372,05185.644.18$20,306
Jan 20111762,20786.504.59$25,351
Dec 20102182,54785.734.35$29,763
Nov 20101852,37280.843.80$23,958
Oct 20102682,85278.103.51$30,938
Sep 20101672,65872.633.98$22,707
Aug 20102532,97673.684.42$31,793
Jul 20102222,89472.554.74$29,814
Jun 20102132,94870.364.91$29,463
May 20101253,18971.124.24$22,396
Apr 20101333,04481.694.12$23,414
Mar 20101413,24078.394.39$25,272
Feb 20101303,43773.585.44$28,271
Jan 20101133,83674.365.96$31,281
Dec 20091354,42871.445.48$33,926
Nov 2009994,45674.593.75$24,101
Oct 20091064,68372.544.11$26,938
Sep 20091204,65965.543.06$22,143
Aug 20091654,96567.423.22$27,104
Jul 20091165,16961.133.46$24,999
Jun 2009815,09066.163.90$25,185
May 2009965,44254.743.93$26,619
Apr 20091115,45046.773.59$24,743
Mar 20091325,83942.144.06$29,263
Feb 20091555,46532.814.63$30,405
Jan 20091336,26735.865.37$38,429
Dec 20081246,50737.105.98$43,494
Nov 20081056,42555.496.86$49,904
Oct 2008977,13075.246.92$56,652
Sep 2008907,508101.767.88$68,300
Aug 20081388,190114.228.48$85,238
Jul 20081708,817131.0811.39$122,704
Jun 20082509,559131.3313.03$157,411
May 200825710,555123.1711.57$153,821
Apr 200828810,858110.3110.45$145,288
Mar 200835712,051101.909.66$152,840
Feb 200839613,09092.538.77$151,449
Jan 200845416,84690.388.21$179,266
Dec 200731819,30788.337.30$169,068
Nov 200760719,13591.677.29$195,170
Oct 200793829,83182.856.92$284,203
Sep 20071,30635,28075.846.24$319,341
Aug 20072,13745,81869.066.39$440,264
Jul 20072,54363,45870.906.39$585,665
Jun 20071,16740,02462.007.55$374,473

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             4 bbl  × $106.41 =       $426
Gas                  144 Mcf  × $  3.05 =       $439

────────────────────────────────────────────────────
Month total                                     $864

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/234048 is the state's own key, not one this site invented.