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 270885District 04Field 678854002 tax incentive programmesCondensateGasSaveExport
Value, all time
$13.5 M
Nov 2013 – May 2026
Value, last 12 filed months
$369 k
at the published price for each month
Months reported
151
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 Gas112014-11-19214595
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
CondensateDisposition3,056 bbl$204,610
GasProduction3,702,949 Mcf$13,286,438
Total$13,491,048

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 27.7365, -99.6811. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.73645, -99.68112 · 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
4,822 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 4,822 ft.

Completions filed
Jun 2015
1 of 1 wells

1 well

42-479425665H4,822 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 (151)

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

151 months

May 202607,496106.413.05$22,832
Apr 202608,38298.932.87$24,054
Mar 202609,10289.753.15$28,666
Feb 2026408,10763.503.75$32,944
Jan 202608,37259.138.00$66,959
Dec 202506,75656.664.41$29,817
Nov 202508,22858.593.93$32,307
Oct 202509,72759.383.30$32,146
Sep 202508,86562.743.08$27,277
Aug 202508,07063.933.01$24,329
Jul 202507,09366.743.32$23,515
Jun 202507,85466.483.13$24,573
May 202509,77460.553.23$31,593
Apr 202509,97862.363.54$35,353
Mar 2025010,31267.704.27$44,015
Feb 202519,64370.884.34$41,930
Jan 202505,46274.324.28$23,370
Dec 202405,69868.993.12$17,786
Nov 202405,55369.052.20$12,208
Oct 2024011,04071.372.28$25,187
Sep 202408,97469.612.36$21,218
Aug 2024010,22375.632.06$21,096
Jul 202409,96679.932.15$21,393
Jun 2024012,06378.082.63$31,774
May 20245112,10178.812.20$30,623
Apr 2024519,44584.451.66$19,978
Mar 2024012,08780.301.55$18,676
Feb 2024011,68476.091.78$20,840
Jan 2024012,08373.023.30$39,846
Dec 2023011,17071.262.61$29,162
Nov 2023012,43377.892.81$34,906
Oct 2023012,95485.443.09$39,993
Sep 2023013,48089.042.74$36,868
Aug 20238314,76980.522.67$46,159
Jul 202309,94574.852.64$26,273
Jun 202301,97968.962.26$4,470
May 202308,31070.622.23$18,510
Apr 202306,06878.122.24$13,579
Mar 2023013,14672.852.39$31,460
Feb 2023012,65875.112.47$31,211
Jan 2023011,63376.533.39$39,409
Dec 2022479,82176.415.73$59,857
Nov 2022012,34185.005.65$69,680
Oct 202205,25787.185.86$30,826
Sep 2022011,98184.888.16$97,809
Aug 2022013,37994.529.13$122,112
Jul 2022011,842101.587.54$89,313
Jun 202209,920115.097.98$79,134
May 20224712,154109.378.43$107,636
Apr 2022011,468104.226.84$78,414
Mar 2022012,560108.885.08$63,760
Feb 2022012,25591.054.86$59,545
Jan 20224713,53681.844.54$65,269
Dec 2021013,77071.323.90$53,691
Nov 2021013,73377.435.24$71,918
Oct 2021014,35579.795.71$82,023
Sep 2021212,38369.865.35$66,400
Aug 2021013,16366.024.22$55,556
Jul 2021213,47370.783.98$53,792
Jun 20214613,18969.493.38$47,784
May 2021013,77363.483.02$41,562
Apr 2021013,39560.362.76$36,949
Mar 2021015,01061.302.72$40,781
Feb 2021419,37057.805.55$54,354
Jan 20211313,54350.412.81$38,715
Dec 2020013,88344.642.68$37,143
Nov 2020014,09638.772.71$38,152
Oct 2020014,61136.972.48$36,212
Sep 2020514,17837.091.99$28,414
Aug 20204514,61639.982.39$36,660
Jul 2020014,89838.371.83$27,191
Jun 2020015,18934.901.69$25,674
May 2020116,55116.921.81$30,053
Apr 2020016,06814.751.80$28,993
Mar 2020016,84630.341.86$31,270
Feb 2020016,02849.881.98$31,746
Jan 20204117,32857.252.09$38,645
Dec 2019017,68259.012.30$40,746
Nov 2019016,68155.302.75$45,884
Oct 2019217,69753.472.42$42,908
Sep 2019017,12455.052.66$45,503
Aug 2019017,38653.112.30$40,064
Jul 2019018,11356.272.46$44,559
Jun 2019117,91852.782.49$44,690
May 20193918,45658.482.74$52,856
Apr 2019118,19062.632.75$50,098
Mar 2019519,43256.803.06$59,787
Feb 2019017,85250.852.79$49,847
Jan 20193820,40746.033.23$67,627
Dec 2018020,04646.594.19$83,901
Nov 2018019,48452.934.24$82,558
Oct 20183720,92161.443.40$73,365
Sep 2018020,82559.543.11$64,724
Aug 2018021,41759.403.07$65,677
Jul 2018022,85265.142.93$66,999
Jun 2018023,09960.183.08$71,074
May 2018024,05165.382.90$69,767
Apr 20183524,85163.842.90$74,322
Mar 2018226,50461.222.79$73,985
Feb 2018025,54561.782.77$70,661
Jan 2018030,21462.874.01$121,138
Dec 20174031,91657.272.92$95,534
Nov 2017033,49155.423.12$104,437
Oct 2017039,04049.292.98$116,483
Sep 2017039,78847.523.09$122,837
Aug 2017020,09045.373.00$60,358
Jul 20174322,24343.873.09$70,557
Jun 2017123,31142.493.09$72,010
May 20174221,32245.373.26$71,488
Apr 2017021,30647.933.21$68,426
Mar 20174122,28746.772.98$68,415
Feb 20174020,75850.452.95$63,308
Jan 20173724,32849.413.42$85,001
Dec 20164229,37948.763.72$111,421
Nov 20163723,84142.492.64$64,616
Oct 2016024,10046.193.09$74,475
Sep 20162025,25141.553.10$79,125
Aug 20161826,12741.442.92$77,150
Jul 20163426,61041.622.92$79,232
Jun 20163326,49445.352.69$72,655
May 20163328,81442.521.99$58,773
Apr 20163329,04936.561.99$59,044
Mar 20163231,38133.011.79$57,354
Feb 20163029,29826.472.06$61,254
Jan 20162832,31927.352.36$77,180
Dec 20154734,26332.362.00$70,095
Nov 20153133,99938.792.17$74,890
Oct 20155935,90943.552.43$89,706
Sep 2015036,07542.992.76$99,510
Aug 20156439,81740.162.87$116,944
Jul 20156341,71748.152.95$125,893
Jun 20153336,54856.152.88$107,216
May 20154641,03555.212.96$123,817
Apr 201510543,92249.822.71$124,109
Mar 2015029,92642.892.93$87,824
Feb 201521742,03944.662.98$134,807
Jan 2015049,42443.433.10$153,246
Dec 2014058,72954.693.59$210,917
Nov 20146365,58670.464.25$283,300
Oct 20144970,96978.303.90$280,684
Sep 20144975,37386.164.05$309,139
Aug 20149899,04689.394.04$408,423
Jul 201443132,54496.564.18$558,133
Jun 20144046,27098.164.74$223,102
May 20144431,16294.734.73$151,457
Apr 201459160,29495.944.81$776,534
Mar 2014160124,35595.895.06$644,181
Feb 2014146111,07697.406.19$702,003
Jan 2014243134,87390.404.86$677,547
Dec 20139070,78591.824.35$316,496
Nov 2013035,27788.853.74$131,875

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                7,496 Mcf  × $  3.05 =    $22,832

────────────────────────────────────────────────────
Month total                                  $22,832

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/270885 is the state's own key, not one this site invented.