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 243698District 04Field 932154002 tax incentive programmesCondensateGasSaveExport
Value, all time
$870 k
Oct 2008 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
212
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 Gas112009-04-16190542
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
CondensateDisposition2,466 bbl$115,641
GasProduction177,400 Mcf$754,082
Total$869,723

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 27.7769, -98.9925. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.77694, -98.99247 · 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
9,800 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 9,800 ft.

Completions filed
Oct 2008
1 of 1 wells

1 well

42-4794023159,800 ftOct 2008

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 (212)

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

212 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 2025011467.704.27$487
Feb 20251070.884.34$71
Jan 202506074.324.28$257
Dec 202408168.993.12$253
Nov 20240069.052.20$0
Oct 202404171.372.28$94
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 202413079.932.15$144
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 202403580.301.55$54
Feb 202402676.091.78$46
Jan 202403373.023.30$109
Dec 202306471.262.61$167
Nov 20230777.892.81$20
Oct 202305985.443.09$182
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 20231072.852.39$73
Feb 202309075.112.47$222
Jan 20230076.533.39$0
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 2022056101.587.54$422
Jun 2022063115.097.98$503
May 202200109.378.43$0
Apr 2022049104.226.84$335
Mar 2022038108.885.08$193
Feb 20220091.054.86$0
Jan 20222081.844.54$164
Dec 2021010671.323.90$413
Nov 202103077.435.24$157
Oct 2021010779.795.71$611
Sep 20210069.865.35$0
Aug 2021011766.024.22$494
Jul 20210070.783.98$0
Jun 202104569.493.38$152
May 20211163.483.02$67
Apr 202107960.362.76$218
Mar 20210061.302.72$0
Feb 2021056357.805.55$3,124
Jan 202109450.412.81$264
Dec 202004944.642.68$131
Nov 202006738.772.71$181
Oct 202006836.972.48$169
Sep 202005737.091.99$113
Aug 202016039.982.39$183
Jul 202009138.371.83$166
Jun 202019034.901.69$187
May 2020010216.921.81$185
Apr 202008514.751.80$153
Mar 202006030.341.86$111
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 201924056.803.06$1,363
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 201802063.842.90$58
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 201704843.873.09$148
Jun 201742942.493.09$259
May 201705345.373.26$173
Apr 20170347.933.21$10
Mar 201702146.772.98$63
Feb 201701550.452.95$44
Jan 201702449.413.42$82
Dec 201603548.763.72$130
Nov 201603042.492.64$79
Oct 201604546.193.09$139
Sep 201603241.553.10$99
Aug 201605741.442.92$167
Jul 201609341.622.92$272
Jun 201619645.352.69$303
May 2016014442.521.99$287
Apr 201619936.561.99$234
Mar 201618233.011.79$180
Feb 2016119926.472.06$437
Jan 2016023927.352.36$565
Dec 2015110332.362.00$239
Nov 2015030638.792.17$663
Oct 2015154843.552.43$1,373
Sep 2015032142.992.76$885
Aug 2015013540.162.87$388
Jul 2015128948.152.95$899
Jun 2015041456.152.88$1,194
May 2015140855.212.96$1,261
Apr 2015342349.822.71$1,294
Mar 2015040842.892.93$1,197
Feb 2015156344.662.98$1,720
Jan 2015065943.433.10$2,043
Dec 2014239554.693.59$1,528
Nov 2014044570.464.25$1,892
Oct 201434978.303.90$426
Sep 2014364186.164.05$2,852
Aug 201411,22589.394.04$5,032
Jul 201401196.564.18$46
Jun 2014319898.164.74$1,232
May 201401,52194.734.73$7,189
Apr 201401,92195.944.81$9,238
Mar 201406395.895.06$319
Feb 201408797.406.19$539
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201330102.523.72$308
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 201202589.383.40$85
Sep 2012030394.672.92$884
Aug 20120092.662.91$0
Jul 2012015685.133.02$471
Jun 2012050579.822.52$1,272
May 201202,37291.612.49$5,902
Apr 201202,577101.652.00$5,146
Mar 201202,524105.052.22$5,609
Feb 201203,409101.102.57$8,762
Jan 201203,01498.092.73$8,241
Dec 201103,60496.873.24$11,676
Nov 201102,46295.723.31$8,152
Oct 201103,25384.983.65$11,869
Sep 201102,81983.623.99$11,236
Aug 201102,75483.404.15$11,427
Jul 201104,27494.144.52$19,307
Jun 201103,88692.904.64$18,031
May 201103,22598.134.40$14,206
Apr 201103,083105.964.33$13,360
Mar 201104,19896.364.06$17,033
Feb 201103,80385.644.18$15,896
Jan 201102,71886.504.59$12,472
Dec 201004,72285.734.35$20,530
Nov 201001,47080.843.80$5,579
Oct 201002,38478.103.51$8,365
Sep 201018097272.633.98$16,941
Aug 201003,03373.684.42$13,404
Jul 2010078272.554.74$3,704
Jun 2010082970.364.91$4,071
May 201001,58671.124.24$6,717
Apr 201001,74981.694.12$7,211
Mar 201003,46178.394.39$15,189
Feb 201001,95173.585.44$10,618
Jan 201002,29974.365.96$13,711
Dec 200902,40171.445.48$13,166
Nov 200902,80074.593.75$10,504
Oct 20091652,92072.544.11$23,971
Sep 200902,71265.543.06$8,312
Aug 2009134,98967.423.22$16,934
Jul 200905,19661.133.46$18,002
Jun 200905,68666.163.90$22,147
May 200906,39354.743.93$25,097
Apr 200904,68446.773.59$16,804
Mar 20091755,68642.144.06$30,454
Feb 200906,82532.814.63$31,620
Jan 200993510,09335.865.37$87,739
Dec 200837716,94837.105.98$115,287
Nov 20085584,44255.496.86$61,437
Oct 2008020975.246.92$1,447

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.

Mar 2025 — as filed, then multipliedworked
Condensate             0 bbl  × $ 67.70 =         $0
Gas                  114 Mcf  × $  4.27 =       $487

────────────────────────────────────────────────────
Month total                                     $487

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/243698 is the state's own key, not one this site invented.