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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 277172District 04Field 678854002 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.1 M
Feb 2015 – May 2026
Value, last 12 filed months
$328 k
at the published price for each month
Months reported
136
no gaps in the span
Streams
2
condensate, gas

The OWEN (OLMOS) field

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 Gas112015-12-10217276
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
CondensateDisposition2,906 bbl$139,911
GasProduction3,341,992 Mcf$9,972,665
Total$10,112,575

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 27.7055, -99.6187. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.70552, -99.61866 · 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
5,538 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 5,538 ft.

Completions filed
Dec 2015
1 of 1 wells

1 well

42-479425677H5,538 ftDec 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 (136)

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

136 months

May 202605,888106.413.05$17,934
Apr 202606,87898.932.87$19,738
Mar 202607,72789.753.15$24,336
Feb 202606,84163.503.75$25,656
Jan 202607,40959.138.00$59,257
Dec 202507,33256.664.41$32,359
Nov 202506,49458.593.93$25,498
Oct 202508,01259.383.30$26,478
Sep 202506,85962.743.08$21,105
Aug 202507,69863.933.01$23,208
Jul 202508,93166.743.32$29,608
Jun 202507,36866.483.13$23,052
May 202507,70860.553.23$24,915
Apr 202507,64562.363.54$27,087
Mar 202508,93867.704.27$38,150
Feb 202547,90370.884.34$34,589
Jan 2025010,62674.324.28$45,465
Dec 2024011,47668.993.12$35,821
Nov 202406,02769.052.20$13,250
Oct 202407,29971.372.28$16,652
Sep 202406,93469.612.36$16,394
Aug 202407,87275.632.06$16,245
Jul 202407,59379.932.15$16,299
Jun 202409,43278.082.63$24,844
May 20241358,70978.812.20$29,786
Apr 202408,54984.451.66$14,185
Mar 202408,20380.301.55$12,675
Feb 202409,34676.091.78$16,670
Jan 202407,07773.023.30$23,338
Dec 202307,58871.262.61$19,810
Nov 2023010,01777.892.81$28,123
Oct 2023010,96485.443.09$33,849
Sep 2023013,30389.042.74$36,384
Aug 20231813,66080.522.67$37,961
Jul 202302,69374.852.64$7,114
Jun 202301,77468.962.26$4,007
May 202305,63970.622.23$12,560
Apr 202304,10978.122.24$9,195
Mar 202309,46972.852.39$22,661
Feb 2023010,85275.112.47$26,758
Jan 2023011,77776.533.39$39,897
Dec 2022015,57876.415.73$89,248
Nov 202204,96585.005.65$28,033
Oct 202204,53487.185.86$26,586
Sep 202209,39084.888.16$76,657
Aug 2022010,10594.529.13$92,230
Jul 2022010,156101.587.54$76,597
Jun 202208,718115.097.98$69,545
May 2022010,896109.378.43$91,886
Apr 202209,784104.226.84$66,899
Mar 2022010,211108.885.08$51,835
Feb 202207,96691.054.86$38,706
Jan 2022010,85181.844.54$49,238
Dec 2021011,65671.323.90$45,448
Nov 2021012,47777.435.24$65,340
Oct 202109,66179.795.71$55,202
Sep 2021111,21069.865.35$60,054
Aug 2021012,41366.024.22$52,390
Jul 2021212,53770.783.98$50,065
Jun 2021212,58169.493.38$42,671
May 2021013,21963.483.02$39,891
Apr 20219213,24560.362.76$42,088
Mar 2021214,08261.302.72$38,383
Feb 202108,07457.805.55$44,794
Jan 2021112,76450.412.81$35,921
Dec 2020013,00544.642.68$34,794
Nov 2020013,50738.772.71$36,558
Oct 2020013,30336.972.48$32,971
Sep 20201113,56037.091.99$27,406
Aug 2020013,96739.982.39$33,313
Jul 2020014,22238.371.83$25,957
Jun 2020016,33034.901.69$27,603
May 2020618,08216.921.81$32,916
Apr 2020317,86214.751.80$32,274
Mar 2020118,91130.341.86$35,134
Feb 2020017,88049.881.98$35,414
Jan 2020019,43357.252.09$40,707
Dec 2019019,90259.012.30$45,861
Nov 2019019,14455.302.75$52,659
Oct 2019220,62853.472.42$49,997
Sep 2019021,32755.052.66$56,672
Aug 2019022,46453.112.30$51,765
Jul 2019023,43556.272.46$57,652
Jun 2019123,44152.782.49$58,449
May 2019324,86958.482.74$68,324
Apr 2019324,96162.632.75$68,848
Mar 2019725,91856.803.06$79,761
Feb 2019025,02250.852.79$69,867
Jan 201916229,56346.033.23$102,892
Dec 2018028,81946.594.19$120,620
Nov 2018031,01952.934.24$131,435
Oct 2018026,91561.443.40$91,459
Sep 2018031,11259.543.11$96,696
Aug 2018140,26359.403.07$123,528
Jul 2018145,52965.142.93$133,551
Jun 2018151,54460.183.08$158,657
May 2018047,59565.382.90$138,064
Apr 2018015,61163.842.90$45,284
Mar 2018019,99261.222.79$55,715
Feb 2018020,10161.782.77$55,602
Jan 2018025,97862.874.01$104,154
Dec 2017017,87657.272.92$52,225
Nov 2017019,89555.423.12$62,040
Oct 2017021,42149.292.98$63,913
Sep 2017015,57947.523.09$48,097
Aug 2017019,85045.373.00$59,637
Jul 2017222,60443.873.09$69,873
Jun 2017016,93242.493.09$52,274
May 2017322,69745.373.26$74,206
Apr 2017321,81747.933.21$70,211
Mar 2017224,43146.772.98$72,988
Feb 20172023,87550.452.95$71,502
Jan 201717024,22849.413.42$91,230
Dec 20161330,98248.763.72$115,975
Nov 2016327,86842.492.64$73,820
Oct 2016128,76046.193.09$88,922
Sep 2016328,55241.553.10$88,654
Aug 2016335,72541.442.92$104,596
Jul 201617539,03141.622.92$121,423
Jun 2016034,28945.352.69$92,094
May 2016040,29742.521.99$80,233
Apr 2016043,42336.561.99$86,457
Mar 201617651,20833.011.79$97,677
Feb 2016251,78626.472.06$106,920
Jan 2016054,64927.352.36$129,210
Dec 20151248,82632.362.00$98,109
Nov 2015045,19138.792.17$97,944
Oct 20157449,11143.552.43$122,394
Sep 201515577,23842.992.76$219,718
Aug 2015088,69040.162.87$254,761
Jul 2015171103,11548.152.95$311,916
Jun 2015179125,02456.152.88$370,478
May 2015178175,31955.212.96$527,974
Apr 2015374205,15749.822.71$573,904
Mar 2015728237,32942.892.93$727,716
Feb 2015026,31144.662.98$78,307

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                5,888 Mcf  × $  3.05 =    $17,934

────────────────────────────────────────────────────
Month total                                  $17,934

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/277172 is the state's own key, not one this site invented.