NEEDMORE

Operated by CATURUS ENERGY, LLC (P-5 103593) 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 270831District 04Field 678854002 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.8 M
Oct 2013 – May 2026
Value, last 12 filed months
$175 k
at the published price for each month
Months reported
152
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 Gas112014-11-19214597
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
CondensateDisposition2,617 bbl$177,271
GasProduction2,598,438 Mcf$9,605,584
Total$9,782,855

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 27.7378, -99.6774. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.73779, -99.67736 · 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
4,865 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 4,865 ft.

Completions filed
Jun 2015
1 of 1 wells

1 well

42-479424902H4,865 ftJun 2015

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 (152)

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

152 months

May 202603,114106.413.05$9,485
Apr 202604,47498.932.87$12,839
Mar 202602,18989.753.15$6,894
Feb 2026293,60763.503.75$15,369
Jan 202604,60059.138.00$36,790
Dec 202504,32356.664.41$19,079
Nov 202504,06958.593.93$15,977
Oct 202504,77959.383.30$15,794
Sep 202504,93562.743.08$15,185
Aug 202504,91463.933.01$14,815
Jul 2025040266.743.32$1,333
Jun 202503,75166.483.13$11,736
May 202504,74760.553.23$15,344
Apr 202505,07762.363.54$17,988
Mar 202505,63067.704.27$24,031
Feb 202525,20270.884.34$22,723
Jan 202506,32874.324.28$27,075
Dec 202406,59868.993.12$20,595
Nov 202405,41969.052.20$11,913
Oct 202405,55471.372.28$12,671
Sep 202405,28469.612.36$12,493
Aug 202405,72375.632.06$11,810
Jul 202405,60579.932.15$12,032
Jun 202406,42278.082.63$16,915
May 2024286,90178.812.20$17,378
Apr 2024285,98384.451.66$12,292
Mar 202406,43780.301.55$9,946
Feb 202406,57176.091.78$11,720
Jan 202406,78073.023.30$22,358
Dec 202305,93571.262.61$15,495
Nov 202306,51477.892.81$18,288
Oct 202307,31085.443.09$22,568
Sep 202307,83989.042.74$21,440
Aug 2023488,37080.522.67$26,237
Jul 202305,52874.852.64$14,604
Jun 2023093568.962.26$2,112
May 202304,81470.622.23$10,723
Apr 202303,62478.122.24$8,110
Mar 202308,48372.852.39$20,301
Feb 202307,57975.112.47$18,687
Jan 202306,82976.533.39$23,135
Dec 2022296,17076.415.73$37,564
Nov 202205,08485.005.65$28,705
Oct 202203,21587.185.86$18,852
Sep 202205,48084.888.16$44,737
Aug 202207,34994.529.13$67,076
Jul 202207,709101.587.54$58,142
Jun 202207,508115.097.98$59,893
May 2022297,140109.378.43$63,384
Apr 202207,864104.226.84$53,771
Mar 202208,289108.885.08$42,078
Feb 202207,52091.054.86$36,538
Jan 2022278,15381.844.54$39,205
Dec 202107,47671.323.90$29,150
Nov 202107,35677.435.24$38,522
Oct 202107,68279.795.71$43,894
Sep 202127,42969.865.35$39,892
Aug 202107,69166.024.22$32,461
Jul 202147,62570.783.98$30,646
Jun 2021277,36669.493.38$26,778
May 202107,73063.483.02$23,327
Apr 202107,22160.362.76$19,919
Mar 202128,88661.302.72$24,265
Feb 2021255,58357.805.55$32,419
Jan 2021137,92350.412.81$22,921
Dec 202008,37044.642.68$22,394
Nov 202008,40338.772.71$22,743
Oct 202018,81036.972.48$21,872
Sep 2020168,52937.091.99$17,575
Aug 2020278,86239.982.39$22,216
Jul 202009,05238.371.83$16,521
Jun 202009,15734.901.69$15,478
May 202089,82716.921.81$17,969
Apr 202099,46414.751.80$17,209
Mar 2020210,00730.341.86$18,636
Feb 202009,60349.881.98$19,020
Jan 20202610,35957.252.09$23,188
Dec 2019010,69759.012.30$24,650
Nov 2019010,10655.302.75$27,799
Oct 2019211,10253.472.42$26,958
Sep 2019110,41955.052.66$27,741
Aug 2019110,91053.112.30$25,194
Jul 2019011,26056.272.46$27,700
Jun 2019511,04352.782.49$27,774
May 20192810,72758.482.74$31,033
Apr 2019711,48062.632.75$32,016
Mar 2019911,97556.803.06$37,180
Feb 2019011,55450.852.79$32,261
Jan 20192713,28946.033.23$44,142
Dec 2018013,39546.594.19$56,064
Nov 2018013,02052.934.24$55,169
Oct 20183014,20061.443.40$50,096
Sep 2018014,20559.543.11$44,149
Aug 2018215,46159.403.07$47,531
Jul 2018116,01665.142.93$47,022
Jun 2018316,05860.183.08$49,590
May 2018116,88165.382.90$49,034
Apr 20183417,83063.842.90$53,892
Mar 2018219,14161.222.79$53,465
Feb 2018818,72961.782.77$52,301
Jan 2018022,60862.874.01$90,643
Dec 20173523,87057.272.92$71,741
Nov 2017224,73455.423.12$77,240
Oct 2017227,94549.292.98$83,478
Sep 2017026,38847.523.09$81,467
Aug 2017011,70545.373.00$35,167
Jul 20172913,42543.873.09$42,719
Jun 2017113,64842.493.09$42,178
May 20172915,34745.373.26$51,399
Apr 2017313,64547.933.21$43,966
Mar 20173414,74846.772.98$45,593
Feb 20174113,81950.452.95$42,870
Jan 20172716,36949.413.42$57,296
Dec 20164516,41548.763.72$63,304
Nov 20163716,22242.492.64$44,469
Oct 20161017,69846.193.09$55,153
Sep 20161913,23841.553.10$41,836
Aug 20161217,73341.442.92$52,355
Jul 20162518,21641.622.92$54,310
Jun 20162318,63645.352.69$51,096
May 20162420,34242.521.99$41,522
Apr 20162520,65436.561.99$42,037
Mar 20162322,72433.011.79$41,526
Feb 20162221,95326.472.06$45,885
Jan 20162427,78627.352.36$66,353
Dec 20154222,04032.362.00$45,470
Nov 20151721,10238.792.17$46,394
Oct 20153225,86343.552.43$64,152
Sep 2015025,94642.992.76$71,570
Aug 20155228,61040.162.87$84,270
Jul 20155930,71548.152.95$93,299
Jun 20153027,64956.152.88$81,393
May 20153928,99555.212.96$87,846
Apr 20158826,76649.822.71$76,828
Mar 201508,92642.892.93$26,195
Feb 201518525,06744.662.98$82,866
Jan 2015034,04643.433.10$105,564
Dec 2014041,17454.693.59$147,871
Nov 20144040,95170.464.25$176,936
Oct 20144647,66878.303.90$189,553
Sep 20144451,08986.164.05$210,469
Aug 201412365,32589.394.04$274,589
Jul 20146183,71796.564.18$355,794
Jun 20146743,72698.164.74$213,702
May 20144643,98294.734.73$212,241
Apr 201455118,07695.944.81$573,118
Mar 2014155112,03295.895.06$581,386
Feb 2014136116,49497.406.19$734,577
Jan 2014172140,00790.404.86$696,084
Dec 20139172,51191.824.35$324,103
Nov 2013235,52588.853.74$132,980
Oct 20130097.423.78$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             0 bbl  × $106.41 =         $0
Gas                3,114 Mcf  × $  3.05 =     $9,485

────────────────────────────────────────────────────
Month total                                   $9,485

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/270831 is the state's own key, not one this site invented.