HERRADURA

Operated by MIDDLETON OIL COMPANY (P-5 565000) in the OWEN (OLMOS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 266661District 04Field 678854002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.6 M
Dec 2011 – May 2026
Value, last 12 filed months
$50 k
at the published price for each month
Months reported
174
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 811 leases and 811 wells, and the rule below applies to all of them.

Discovered
1971-11-11
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 2015-03-24.

The Commission's schedule remark for this field reads: LATERALS. EFFECTIVE 3/24/15;

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 Gas112013-05-03209492
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
CondensateDisposition579 bbl$53,119
GasProduction469,233 Mcf$1,533,315
Total$1,586,435

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 27.9089, -99.5828. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.90894, -99.58283 · 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
7,091 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 7,091 ft.

Completions filed
Dec 2011
1 of 1 wells

1 well

42-479413231H7,091 ftDec 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 (174)

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

174 months

May 20260937106.413.05$2,854
Apr 2026284898.932.87$2,631
Mar 2026085589.753.15$2,693
Feb 2026067763.503.75$2,539
Jan 202601,34259.138.00$10,733
Dec 202501,01856.664.41$4,493
Nov 2025099958.593.93$3,923
Oct 2025094159.383.30$3,110
Sep 202501,16562.743.08$3,585
Aug 202501,76363.933.01$5,315
Jul 202501,18066.743.32$3,912
Jun 202501,27066.483.13$3,973
May 202501,16360.553.23$3,759
Apr 202501,19162.363.54$4,220
Mar 202501,76767.704.27$7,542
Feb 202501,15070.884.34$4,992
Jan 202501,58974.324.28$6,799
Dec 2024097568.993.12$3,043
Nov 2024079569.052.20$1,748
Oct 202401,48271.372.28$3,381
Sep 202401,48169.612.36$3,502
Aug 202401,62175.632.06$3,345
Jul 202401,82379.932.15$3,913
Jun 202401,21678.082.63$3,203
May 202401,20578.812.20$2,649
Apr 20248185184.451.66$8,252
Mar 2024097680.301.55$1,508
Feb 202401,86276.091.78$3,321
Jan 202401,00873.023.30$3,324
Dec 2023093471.262.61$2,438
Nov 2023099777.892.81$2,799
Oct 2023053885.443.09$1,661
Sep 2023067089.042.74$1,832
Aug 2023095080.522.67$2,539
Jul 202301,29274.852.64$3,413
Jun 2023072068.962.26$1,626
May 202301,06370.622.23$2,368
Apr 202301,50278.122.24$3,361
Mar 202301,34072.852.39$3,207
Feb 2023069275.112.47$1,706
Jan 202301,50476.533.39$5,095
Dec 202201,13176.415.73$6,480
Nov 202201,61885.005.65$9,136
Oct 2022088687.185.86$5,195
Sep 202201,16784.888.16$9,527
Aug 202201,46594.529.13$13,371
Jul 202201,356101.587.54$10,227
Jun 202201,294115.097.98$10,323
May 202201,051109.378.43$8,863
Apr 20220855104.226.84$5,846
Mar 20220967108.885.08$4,909
Feb 2022039591.054.86$1,919
Jan 202201,04681.844.54$4,746
Dec 202101,92271.323.90$7,494
Nov 202101,47777.435.24$7,735
Oct 2021077979.795.71$4,451
Sep 2021046269.865.35$2,472
Aug 202101,30466.024.22$5,504
Jul 2021097170.783.98$3,867
Jun 202101,22769.493.38$4,148
May 202102,33663.483.02$7,049
Apr 202101,43760.362.76$3,964
Mar 202101,44761.302.72$3,931
Feb 2021088357.805.55$4,899
Jan 202101,11650.412.81$3,136
Dec 2020085544.642.68$2,288
Nov 202001,33838.772.71$3,621
Oct 202001,19836.972.48$2,969
Sep 202001,19637.091.99$2,381
Aug 202001,12739.982.39$2,688
Jul 202001,19938.371.83$2,188
Jun 202001,28434.901.69$2,170
May 202001,36216.921.81$2,472
Apr 202001,03214.751.80$1,862
Mar 202001,07230.341.86$1,990
Feb 202001,99249.881.98$3,945
Jan 202012,26757.252.09$4,806
Dec 201902,36459.012.30$5,448
Nov 201902,13955.302.75$5,884
Oct 201901,89253.472.42$4,576
Sep 201901,57655.052.66$4,188
Aug 201901,89253.112.30$4,360
Jul 201902,01956.272.46$4,967
Jun 201901,69752.782.49$4,228
May 201901,92658.482.74$5,278
Apr 201902,24062.632.75$6,162
Mar 201902,21356.803.06$6,776
Feb 201902,04050.852.79$5,696
Jan 201902,33946.033.23$7,551
Dec 201802,27046.594.19$9,501
Nov 201802,19252.934.24$9,288
Oct 201802,35761.443.40$8,009
Sep 201801,75659.543.11$5,458
Aug 201801,89559.403.07$5,811
Jul 201801,87265.142.93$5,488
Jun 201801,70860.183.08$5,255
May 201801,63265.382.90$4,734
Apr 201802,13463.842.90$6,190
Mar 201801,65561.222.79$4,612
Feb 201801,75061.782.77$4,841
Jan 201841,88962.874.01$7,825
Dec 201731,88257.272.92$5,670
Nov 201721,75455.423.12$5,580
Oct 201721,83349.292.98$5,568
Sep 201721,70647.523.09$5,362
Aug 201721,94245.373.00$5,925
Jul 201722,37543.873.09$7,420
Jun 201711,39242.493.09$4,340
May 201712,00345.373.26$6,582
Apr 201712,02847.933.21$6,561
Mar 201712,34946.772.98$7,055
Feb 201712,58750.452.95$7,689
Jan 201701,67649.413.42$5,730
Dec 201642,13248.763.72$8,132
Nov 201612,38142.492.64$6,339
Oct 201601,51546.193.09$4,682
Sep 20160041.553.10$0
Aug 201602,04941.442.92$5,992
Jul 201603,00841.622.92$8,796
Jun 201602,30545.352.69$6,191
May 201602,46842.521.99$4,914
Apr 201602,50636.561.99$4,990
Mar 201682,24133.011.79$4,284
Feb 201662,30226.472.06$4,909
Jan 201602,81427.352.36$6,653
Dec 201532,74832.362.00$5,597
Nov 201502,58638.792.17$5,605
Oct 201532,58943.552.43$6,413
Sep 201506,87342.992.76$18,959
Aug 201501,93140.162.87$5,547
Jul 201501,11048.152.95$3,269
Jun 2015055556.152.88$1,600
May 2015065355.212.96$1,930
Apr 2015078249.822.71$2,117
Mar 201501,49642.892.93$4,390
Feb 201501,16744.662.98$3,473
Jan 2015074243.433.10$2,301
Dec 201401,86554.693.59$6,698
Nov 201403,55070.464.25$15,094
Oct 201403,79978.303.90$14,820
Sep 201403,74586.164.05$15,150
Aug 201403,82489.394.04$15,430
Jul 201404,69296.564.18$19,611
Jun 201406,31998.164.74$29,932
May 201405,15794.734.73$24,375
Apr 2014785,51795.944.81$34,015
Mar 201406,77595.895.06$34,260
Feb 2014061497.406.19$3,802
Jan 2014029990.404.86$1,453
Dec 201302,53891.824.35$11,052
Nov 201304,81588.853.74$18,000
Oct 201305,75597.423.78$21,750
Sep 201315,750104.113.72$21,481
Aug 201306,396104.253.52$22,531
Jul 20131887,401102.523.72$46,789
Jun 201305,55294.403.93$21,838
May 201309,19494.834.15$38,147
Apr 2013010,69593.964.28$45,802
Mar 2013011,45793.623.91$44,830
Feb 201307,24191.233.42$24,764
Jan 2013079091.603.42$2,702
Dec 201201,40886.773.42$4,816
Nov 201202,85086.953.62$10,331
Oct 201205,52389.383.40$18,776
Sep 201218113,10194.672.92$55,369
Aug 2012014,30792.662.91$41,607
Jul 2012015,57585.133.02$47,049
Jun 2012011,28679.822.52$28,430
May 2012020,78091.612.49$51,707
Apr 2012011,027101.652.00$22,019
Mar 2012015,638105.052.22$34,749
Feb 201208,311101.102.57$21,361
Jan 201209,27598.092.73$25,359
Dec 201104,61996.873.24$14,964

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             0 bbl  × $106.41 =         $0
Gas                  937 Mcf  × $  3.05 =     $2,854

────────────────────────────────────────────────────
Month total                                   $2,854

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/266661 is the state's own key, not one this site invented.