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 275279District 04Field 678854002 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.3 M
Jul 2014 – May 2026
Value, last 12 filed months
$141 k
at the published price for each month
Months reported
143
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 Gas112015-10-09215148
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
CondensateDisposition1,337 bbl$76,025
GasProduction1,323,978 Mcf$4,263,369
Total$4,339,394

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 27.7097, -99.6599. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.70975, -99.65987 · 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
5,353 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 5,353 ft.

Completions filed
Jul 2014
1 of 1 wells

1 well

42-479425654H5,353 ftJul 2014

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 (143)

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

143 months

May 202603,095106.413.05$9,427
Apr 202603,02298.932.87$8,672
Mar 202603,37989.753.15$10,642
Feb 202602,77063.503.75$10,388
Jan 202603,14959.138.00$25,185
Dec 202503,57256.664.41$15,765
Nov 202503,06458.593.93$12,031
Oct 202502,81859.383.30$9,313
Sep 202502,90662.743.08$8,942
Aug 202503,56763.933.01$10,754
Jul 202503,05966.743.32$10,141
Jun 202503,06666.483.13$9,593
May 202503,25160.553.23$10,508
Apr 202502,96762.363.54$10,512
Mar 202503,08067.704.27$13,146
Feb 202512,84670.884.34$12,425
Jan 202502,55774.324.28$10,941
Dec 202403,55668.993.12$11,100
Nov 202403,37369.052.20$7,415
Oct 202403,39971.372.28$7,754
Sep 202402,99669.612.36$7,084
Aug 202403,08375.632.06$6,362
Jul 202403,11779.932.15$6,691
Jun 202403,46278.082.63$9,119
May 20241073,58378.812.20$16,310
Apr 202402,42184.451.66$4,017
Mar 202403,66080.301.55$5,655
Feb 202403,64976.091.78$6,509
Jan 202403,35573.023.30$11,064
Dec 202303,54571.262.61$9,255
Nov 202303,82477.892.81$10,736
Oct 202303,87385.443.09$11,957
Sep 202303,86489.042.74$10,568
Aug 202373,91280.522.67$11,020
Jul 202302,03474.852.64$5,373
Jun 2023079968.962.26$1,805
May 202301,90570.622.23$4,243
Apr 202301,40178.122.24$3,135
Mar 202304,21172.852.39$10,078
Feb 202303,80275.112.47$9,375
Jan 202303,39576.533.39$11,501
Dec 202202,03776.415.73$11,670
Nov 202202,29285.005.65$12,941
Oct 202201,35987.185.86$7,969
Sep 202204,16384.888.16$33,985
Aug 202204,42894.529.13$40,415
Jul 202204,585101.587.54$34,580
Jun 202204,285115.097.98$34,182
May 2022644,794109.378.43$47,428
Apr 202204,455104.226.84$30,462
Mar 202204,957108.885.08$25,164
Feb 202204,25491.054.86$20,670
Jan 202204,86781.844.54$22,085
Dec 202104,88271.323.90$19,036
Nov 202104,78777.435.24$25,069
Oct 202105,00879.795.71$28,615
Sep 202104,86469.865.35$26,027
Aug 202105,07066.024.22$21,398
Jul 202105,12270.783.98$20,396
Jun 202125,05369.493.38$17,221
May 202105,33563.483.02$16,099
Apr 202105,24260.362.76$14,460
Mar 202105,56061.302.72$15,106
Feb 202103,53057.805.55$19,584
Jan 202105,45350.412.81$15,324
Dec 202005,51144.642.68$14,744
Nov 202005,50838.772.71$14,908
Oct 202005,39336.972.48$13,366
Sep 202025,44537.091.99$10,915
Aug 202005,84939.982.39$13,950
Jul 202005,95738.371.83$10,872
Jun 202005,87634.901.69$9,932
May 202026,27316.921.81$11,418
Apr 202016,22514.751.80$11,247
Mar 202006,58930.341.86$12,231
Feb 202006,28649.881.98$12,450
Jan 202006,60457.252.09$13,834
Dec 201906,74159.012.30$15,534
Nov 201916,60855.302.75$18,232
Oct 201907,01353.472.42$16,961
Sep 201916,89155.052.66$18,366
Aug 201907,21353.112.30$16,621
Jul 201907,31556.272.46$17,995
Jun 201917,15752.782.49$17,882
May 201947,33558.482.74$20,334
Apr 201927,02862.632.75$19,457
Mar 201967,67756.803.06$23,849
Feb 20191786,98450.852.79$28,552
Jan 201907,66646.033.23$24,747
Dec 201807,75546.594.19$32,458
Nov 201807,79552.934.24$33,029
Oct 201808,24161.443.40$28,004
Sep 201807,84059.543.11$24,367
Aug 201808,75559.403.07$26,848
Jul 201808,91965.142.93$26,149
Jun 201818,78860.183.08$27,100
May 201809,09765.382.90$26,389
Apr 201829,35363.842.90$27,259
Mar 2018110,02961.222.79$28,010
Feb 201808,77361.782.77$24,267
Jan 201809,88462.874.01$39,628
Dec 201718,99357.272.92$26,331
Nov 201718,79755.423.12$27,488
Oct 2017012,76349.292.98$38,081
Sep 201709,08147.523.09$28,036
Aug 2017011,21345.373.00$33,688
Jul 2017211,66543.873.09$36,101
Jun 2017210,90342.493.09$33,746
May 2017011,76645.373.26$38,397
Apr 2017711,76747.933.21$38,126
Mar 20171212,36646.772.98$37,457
Feb 2017129,79150.452.95$29,514
Jan 201709,93649.413.42$33,969
Dec 2016713,35748.763.72$50,067
Nov 20164612,98442.492.64$36,289
Oct 2016114,31746.193.09$44,289
Sep 2016514,18341.553.10$44,184
Aug 20169515,18641.442.92$48,346
Jul 2016215,34541.622.92$44,957
Jun 2016016,33945.352.69$43,884
May 2016017,42842.521.99$34,700
Apr 2016022,04236.561.99$43,887
Mar 2016218,70933.011.79$33,630
Feb 2016214,30726.472.06$29,577
Jan 2016015,35627.352.36$36,307
Dec 2015714,38532.362.00$29,017
Nov 2015014,06038.792.17$30,473
Oct 2015012,41943.552.43$30,136
Sep 201515616,73142.992.76$52,858
Aug 2015020,24340.162.87$58,148
Jul 2015020,75548.152.95$61,125
Jun 2015022,78856.152.88$65,695
May 2015022,38455.212.96$66,155
Apr 2015521,61749.822.71$58,757
Mar 201518221,74242.892.93$71,612
Feb 201517847,81144.662.98$150,244
Jan 2015030,36443.433.10$94,148
Dec 2014037,09654.693.59$133,225
Nov 2014040,98370.464.25$174,253
Oct 201421220,88878.303.90$98,083
Sep 2014051,32486.164.05$207,628
Aug 20141771,17989.394.04$288,735
Jul 2014021,47396.564.18$89,749

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                3,095 Mcf  × $  3.05 =     $9,427

────────────────────────────────────────────────────
Month total                                   $9,427

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/275279 is the state's own key, not one this site invented.