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 270875District 04Field 678854002 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.4 M
Oct 2013 – May 2026
Value, last 12 filed months
$412 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 Gas112014-11-19214598
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
CondensateDisposition2,538 bbl$176,902
GasProduction2,794,722 Mcf$10,198,070
Total$10,374,972

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 27.7069, -99.6636. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.70688, -99.66356 · 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
5,257 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 5,257 ft.

Completions filed
Mar 2015
1 of 1 wells

1 well

42-479425133H5,257 ftMar 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 202607,754106.413.05$23,617
Apr 202608,58498.932.87$24,634
Mar 202609,11789.753.15$28,713
Feb 2026348,32263.503.75$33,369
Jan 202609,57959.138.00$76,612
Dec 202509,07256.664.41$40,038
Nov 202508,69958.593.93$34,156
Oct 202509,47559.383.30$31,313
Sep 202508,96162.743.08$27,572
Aug 202509,49563.933.01$28,625
Jul 2025010,16366.743.32$33,692
Jun 202509,50066.483.13$29,723
May 202509,69560.553.23$31,337
Apr 202509,56762.363.54$33,897
Mar 2025010,23467.704.27$43,682
Feb 202517,46970.884.34$32,493
Jan 202508,55774.324.28$36,613
Dec 202408,85168.993.12$27,627
Nov 202405,25869.052.20$11,559
Oct 202406,35471.372.28$14,496
Sep 202409,00769.612.36$21,296
Aug 2024011,20575.632.06$23,123
Jul 2024011,68579.932.15$25,083
Jun 202404,50278.082.63$11,858
May 2024316,34678.812.20$16,394
Apr 2024296,93084.451.66$13,947
Mar 202408,30180.301.55$12,826
Feb 202405,59676.091.78$9,981
Jan 202406,96673.023.30$22,972
Dec 202304,62471.262.61$12,072
Nov 202305,96077.892.81$16,733
Oct 202308,67185.443.09$26,770
Sep 202306,92389.042.74$18,935
Aug 2023547,29680.522.67$23,849
Jul 202305,34274.852.64$14,113
Jun 2023091568.962.26$2,067
May 202304,90070.622.23$10,914
Apr 202303,75178.122.24$8,394
Mar 202307,76472.852.39$18,580
Feb 2023012,25375.112.47$30,212
Jan 2023011,25276.533.39$38,119
Dec 2022288,50076.415.73$50,837
Nov 202205,82485.005.65$32,883
Oct 202203,00187.185.86$17,597
Sep 202206,58884.888.16$53,782
Aug 202206,97894.529.13$63,689
Jul 202207,076101.587.54$53,368
Jun 202206,717115.097.98$53,583
May 2022277,615109.378.43$67,171
Apr 202206,924104.226.84$47,344
Mar 202207,493108.885.08$38,037
Feb 202206,32791.054.86$30,742
Jan 2022297,51081.844.54$36,451
Dec 202107,43971.323.90$29,006
Nov 202107,00277.435.24$36,668
Oct 202107,82579.795.71$44,711
Sep 202127,50069.865.35$40,272
Aug 202108,27166.024.22$34,909
Jul 202117,83970.783.98$31,286
Jun 2021328,22369.493.38$30,023
May 202108,45763.483.02$25,520
Apr 202108,37760.362.76$23,107
Mar 202109,51261.302.72$25,844
Feb 2021277,21457.805.55$41,584
Jan 2021138,68150.412.81$25,051
Dec 202008,95044.642.68$23,945
Nov 202008,80838.772.71$23,839
Oct 202019,26036.972.48$22,987
Sep 202078,88037.091.99$17,940
Aug 2020299,65339.982.39$24,183
Jul 202009,82138.371.83$17,925
Jun 202009,62734.901.69$16,273
May 2020110,16116.921.81$18,457
Apr 2020010,14914.751.80$18,313
Mar 2020010,62730.341.86$19,726
Feb 2020010,37449.881.98$20,547
Jan 20202911,28057.252.09$25,289
Dec 2019011,56459.012.30$26,648
Nov 2019011,43455.302.75$31,452
Oct 2019212,15253.472.42$29,497
Sep 2019012,10855.052.66$32,174
Aug 2019012,58153.112.30$28,991
Jul 2019012,89456.272.46$31,720
Jun 2019112,73952.782.49$31,788
May 20192813,06158.482.74$37,429
Apr 2019113,08062.632.75$36,042
Mar 2019514,34356.803.06$44,204
Feb 2019011,74950.852.79$32,806
Jan 20192713,69546.033.23$45,453
Dec 2018013,62646.594.19$57,031
Nov 2018013,81152.934.24$58,521
Oct 20183014,75661.443.40$51,985
Sep 2018014,69859.543.11$45,681
Aug 2018015,98859.403.07$49,028
Jul 2018016,34965.142.93$47,933
Jun 2018016,30560.183.08$50,169
May 2018017,35965.382.90$50,355
Apr 20183118,35063.842.90$55,209
Mar 2018219,92261.222.79$55,642
Feb 2018319,41461.782.77$53,887
Jan 2018022,86662.874.01$91,677
Dec 20172824,49357.272.92$73,160
Nov 2017025,91955.423.12$80,825
Oct 2017029,97949.292.98$89,448
Sep 2017029,26147.523.09$90,337
Aug 2017012,29945.373.00$36,951
Jul 20172813,23243.873.09$42,079
Jun 2017113,45642.493.09$41,585
May 20172913,86245.373.26$46,553
Apr 2017013,79847.933.21$44,314
Mar 20172815,08946.772.98$46,330
Feb 20172614,11650.452.95$42,991
Jan 20172716,45849.413.42$57,601
Dec 20162616,67948.763.72$63,361
Nov 20162516,84042.492.64$45,593
Oct 2016018,09946.193.09$55,931
Sep 20161413,99441.553.10$43,972
Aug 20161217,79541.442.92$52,536
Jul 20162317,99341.622.92$53,575
Jun 20162318,34245.352.69$50,307
May 20162420,23242.521.99$41,303
Apr 20162320,52836.561.99$41,713
Mar 20162222,24233.011.79$40,629
Feb 20162121,47426.472.06$44,870
Jan 20161825,67727.352.36$61,202
Dec 20152720,73232.362.00$42,367
Nov 20151724,79238.792.17$54,392
Oct 20153426,25143.552.43$65,181
Sep 2015026,10542.992.76$72,009
Aug 20155229,04840.162.87$85,528
Jul 20156033,35048.152.95$101,107
Jun 20153034,58656.152.88$101,391
May 20153934,78155.212.96$104,947
Apr 20158928,56149.822.71$81,736
Mar 2015011,42542.892.93$33,529
Feb 201518834,90644.662.98$112,283
Jan 2015046,63843.433.10$144,607
Dec 2014044,17354.693.59$158,641
Nov 20144249,44170.464.25$213,175
Oct 20144452,89078.303.90$209,767
Sep 20144555,17586.164.05$227,084
Aug 20148373,41789.394.04$303,666
Jul 201439103,74396.564.18$437,370
Jun 20144026,96598.164.74$131,656
May 20144729,28794.734.73$142,879
Apr 201456116,61495.944.81$566,183
Mar 2014160108,89795.895.06$566,013
Feb 2014142108,60697.406.19$686,319
Jan 2014278139,23890.404.86$701,928
Dec 201312373,00191.824.35$329,175
Nov 2013036,02188.853.74$134,657
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                7,754 Mcf  × $  3.05 =    $23,617

────────────────────────────────────────────────────
Month total                                  $23,617

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/270875 is the state's own key, not one this site invented.