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 275440District 04Field 678854002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.4 M
Jul 2014 – May 2026
Value, last 12 filed months
$63 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 Gas112015-10-09215252
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
CondensateDisposition2,491 bbl$142,642
GasProduction693,075 Mcf$2,243,239
Total$2,385,881

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 27.7053, -99.6616. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.70532, -99.66162 · 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
5,250 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 5,250 ft.

Completions filed
Oct 2014
1 of 1 wells

1 well

42-4794275410H5,250 ftOct 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 20260975106.413.05$2,970
Apr 202601,01298.932.87$2,904
Mar 202601,16189.753.15$3,657
Feb 202601,24263.503.75$4,658
Jan 202601,49159.138.00$11,925
Dec 202501,79656.664.41$7,926
Nov 202501,45358.593.93$5,705
Oct 202501,61159.383.30$5,324
Sep 202501,17062.743.08$3,600
Aug 202501,69063.933.01$5,095
Jul 202501,37266.743.32$4,548
Jun 202501,64066.483.13$5,131
May 202501,51660.553.23$4,900
Apr 202501,35662.363.54$4,804
Mar 202501,49567.704.27$6,381
Feb 202501,45170.884.34$6,299
Jan 202501,14674.324.28$4,903
Dec 2024056668.993.12$1,767
Nov 2024080269.052.20$1,763
Oct 202401,26671.372.28$2,888
Sep 202401,65569.612.36$3,913
Aug 202401,63075.632.06$3,364
Jul 202401,53479.932.15$3,293
Jun 202401,44878.082.63$3,814
May 20241241,80378.812.20$13,736
Apr 202401,51484.451.66$2,512
Mar 202401,96180.301.55$3,030
Feb 202401,61076.091.78$2,872
Jan 202401,27273.023.30$4,195
Dec 202301,50271.262.61$3,921
Nov 202301,69377.892.81$4,753
Oct 202301,70285.443.09$5,255
Sep 202301,73489.042.74$4,743
Aug 202341,68280.522.67$4,818
Jul 2023086074.852.64$2,272
Jun 2023022368.962.26$504
May 2023099170.622.23$2,207
Apr 202301,61578.122.24$3,614
Mar 202301,80772.852.39$4,324
Feb 202301,51675.112.47$3,738
Jan 202302,31976.533.39$7,856
Dec 2022069776.415.73$3,993
Nov 2022098885.005.65$5,578
Oct 202201,22887.185.86$7,201
Sep 202201,72184.888.16$14,050
Aug 202201,78794.529.13$16,310
Jul 202201,880101.587.54$14,179
Jun 202202,042115.097.98$16,289
May 20221212,048109.378.43$30,505
Apr 202201,913104.226.84$13,080
Mar 202202,006108.885.08$10,183
Feb 202201,53891.054.86$7,473
Jan 202202,03581.844.54$9,234
Dec 202102,18671.323.90$8,523
Nov 202102,04177.435.24$10,688
Oct 202102,19879.795.71$12,559
Sep 202102,06869.865.35$11,066
Aug 202101,51666.024.22$6,398
Jul 202112,09870.783.98$8,425
Jun 202101,89569.493.38$6,406
May 202101,97763.483.02$5,966
Apr 2021921,89060.362.76$10,767
Mar 202102,27361.302.72$6,176
Feb 202101,58357.805.55$8,782
Jan 202122,09750.412.81$5,994
Dec 202002,05744.642.68$5,503
Nov 202002,23238.772.71$6,041
Oct 202031,93436.972.48$4,904
Sep 202042,24637.091.99$4,620
Aug 202002,19239.982.39$5,228
Jul 202002,06438.371.83$3,767
Jun 202002,20134.901.69$3,720
May 202022,44616.921.81$4,473
Apr 202012,42014.751.80$4,381
Mar 202002,72430.341.86$5,056
Feb 20201762,85649.881.98$14,436
Jan 202002,14857.252.09$4,500
Dec 201903,31559.012.30$7,639
Nov 201903,30055.302.75$9,077
Oct 201903,54653.472.42$8,576
Sep 201933,57455.052.66$9,662
Aug 201903,58853.112.30$8,268
Jul 201903,45156.272.46$8,490
Jun 201913,26452.782.49$8,184
May 201923,74558.482.74$10,379
Apr 201943,69562.632.75$10,414
Mar 201943,90456.803.06$12,182
Feb 201913,55650.852.79$9,980
Jan 201904,03146.033.23$13,013
Dec 201804,20046.594.19$17,579
Nov 201804,15752.934.24$17,614
Oct 201804,32061.443.40$14,680
Sep 201804,03759.543.11$12,547
Aug 201803,99459.403.07$12,248
Jul 201804,34365.142.93$12,733
Jun 201824,58060.183.08$14,213
May 201804,66565.382.90$13,532
Apr 20181815,08063.842.90$26,291
Mar 201805,07961.222.79$14,154
Feb 201814,12061.782.77$11,458
Jan 201805,40462.874.01$21,666
Dec 201715,06657.272.92$14,858
Nov 201735,57455.423.12$17,548
Oct 201706,19549.292.98$18,484
Sep 201704,35147.523.09$13,433
Aug 201704,99545.373.00$15,007
Jul 201715,30743.873.09$16,428
Jun 20171715,38642.493.09$23,894
May 201705,59445.373.26$18,255
Apr 201755,28447.933.21$17,210
Mar 201755,92246.772.98$17,903
Feb 2017135,57150.452.95$17,105
Jan 201705,65349.413.42$19,326
Dec 201696,23448.763.72$23,647
Nov 20161476,15642.492.64$22,525
Oct 201626,37746.193.09$19,799
Sep 2016116,47041.553.10$20,518
Aug 201606,88641.442.92$20,137
Jul 20161807,17341.622.92$28,468
Jun 201607,28345.352.69$19,561
May 201607,66342.521.99$15,257
Apr 201608,16236.561.99$16,251
Mar 20161798,80433.011.79$21,703
Feb 201629,06426.472.06$18,758
Jan 2016010,39327.352.36$24,573
Dec 20151511,01732.362.00$22,535
Nov 2015012,26438.792.17$26,580
Oct 201511812,55843.552.43$35,612
Sep 2015012,08742.992.76$33,341
Aug 2015013,49440.162.87$38,761
Jul 201516715,06448.152.95$52,406
Jun 2015015,38356.152.88$44,347
May 201507,65055.212.96$22,609
Apr 201508,46549.822.71$22,911
Mar 2015011,95742.892.93$35,090
Feb 201517612,21644.662.98$44,217
Jan 2015017,84143.433.10$55,318
Dec 201418316,83054.693.59$70,451
Nov 2014021,65970.464.25$92,091
Oct 201416543,54278.303.90$182,775
Sep 201418126,45286.164.05$122,605
Aug 20142838,71789.394.04$158,731
Jul 2014013,86196.564.18$57,933

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                  975 Mcf  × $  3.05 =     $2,970

────────────────────────────────────────────────────
Month total                                   $2,970

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/275440 is the state's own key, not one this site invented.