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 240362District 04Field 899451052 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.3 M
Feb 2008 – May 2026
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
220
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 Gas112008-12-12186510
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
CondensateDisposition3,025 bbl$249,092
GasProduction288,980 Mcf$2,064,119
Total$2,313,211

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 27.3152, -98.0252. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.31516, -98.02523 · 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
11,400 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 11,400 ft.

Completions filed
Feb 2011
1 of 1 wells

1 well

42-273325014211,400 ftFeb 2011

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 (220)

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

220 months

May 20261127106.413.05$493
Apr 202603598.932.87$100
Mar 202617689.753.15$329
Feb 202615763.503.75$277
Jan 202616959.138.00$611
Dec 202515256.664.41$286
Nov 202516558.593.93$314
Oct 202527959.383.30$380
Sep 202501162.743.08$34
Aug 202514563.933.01$200
Jul 202517466.743.32$312
Jun 2025211866.483.13$502
May 2025211460.553.23$490
Apr 2025210262.363.54$486
Mar 2025211267.704.27$613
Feb 2025212970.884.34$702
Jan 2025210774.324.28$606
Dec 2024112568.993.12$459
Nov 202419469.052.20$276
Oct 2024214371.372.28$469
Sep 2024214069.612.36$470
Aug 2024210675.632.06$370
Jul 2024211479.932.15$405
Jun 202418078.082.63$289
May 202416078.812.20$211
Apr 202428884.451.66$315
Mar 2024210480.301.55$321
Feb 2024111176.091.78$274
Jan 2024214173.023.30$611
Dec 2023217971.262.61$610
Nov 2023220077.892.81$717
Oct 2023220885.443.09$813
Sep 2023110589.042.74$376
Aug 202303980.522.67$104
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 2023015678.122.24$349
Mar 2023015172.852.39$361
Feb 2023015275.112.47$375
Jan 2023018276.533.39$617
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
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 20210066.024.22$0
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 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20146097.406.19$584
Jan 2014171,50490.404.86$8,847
Dec 2013161,51891.824.35$8,079
Nov 2013666688.853.74$3,023
Oct 2013131,64897.423.78$7,495
Sep 2013331,539104.113.72$9,157
Aug 2013411,889104.253.52$10,928
Jul 2013232,176102.523.72$10,448
Jun 2013102,40494.403.93$10,400
May 2013101,77794.834.15$8,321
Apr 2013411,07293.964.28$8,443
Mar 2013651,92393.623.91$13,610
Feb 2013672,08491.233.42$13,240
Jan 2013572,11091.603.42$12,437
Dec 2012822,70486.773.42$16,363
Nov 2012242,40386.953.62$10,798
Oct 201202,68689.383.40$9,132
Sep 201202,46294.672.92$7,185
Aug 201202,99392.662.91$8,704
Jul 201202,85885.133.02$8,633
Jun 201203,00179.822.52$7,560
May 201212,44491.612.49$6,173
Apr 201263,444101.652.00$7,487
Mar 201203,881105.052.22$8,624
Feb 201204,259101.102.57$10,947
Jan 201205,38898.092.73$14,731
Dec 201106,24996.873.24$20,245
Nov 201105,86895.723.31$19,431
Oct 201107,08284.983.65$25,839
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20111096.364.06$96
Feb 20116885.644.18$547
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 201002881.694.12$115
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 200901174.593.75$41
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 200923067.423.22$1,551
Jul 20091484,01361.133.46$22,950
Jun 20091336,47566.163.90$34,019
May 20091075,23954.743.93$26,424
Apr 20091396,62846.773.59$30,279
Mar 20092577,59242.144.06$41,646
Feb 20091577,06332.814.63$37,874
Jan 20091458,45135.865.37$50,590
Dec 20081099,54037.105.98$61,066
Nov 200810510,38955.496.86$77,099
Oct 20089712,68675.246.92$95,111
Sep 20089014,952101.767.88$126,937
Aug 200813617,618114.228.48$164,988
Jul 200817719,356131.0811.39$243,655
Jun 200825828,083131.3313.03$399,878
May 200828537,904123.1711.57$473,815
Apr 2008868,862110.3110.45$102,138
Mar 200800101.909.66$0
Feb 20080092.538.77$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             1 bbl  × $106.41 =       $106
Gas                  127 Mcf  × $  3.05 =       $387

────────────────────────────────────────────────────
Month total                                     $493

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/240362 is the state's own key, not one this site invented.