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 277173District 04Field 678854002 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.5 M
Mar 2015 – May 2026
Value, last 12 filed months
$272 k
at the published price for each month
Months reported
135
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 Gas112016-01-11216729
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
CondensateDisposition1,929 bbl$95,078
GasProduction2,894,719 Mcf$8,454,724
Total$8,549,802

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 27.7394, -99.6714. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.73943, -99.67135 · 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
4,947 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 4,947 ft.

Completions filed
Dec 2015
1 of 1 wells

1 well

42-479430968H4,947 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 (135)

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

135 months

May 202607,042106.413.05$21,449
Apr 202605,67798.932.87$16,291
Mar 202605,35189.753.15$16,853
Feb 2026285,60463.503.75$22,795
Jan 202606,62959.138.00$53,018
Dec 202504,58856.664.41$20,249
Nov 202505,59158.593.93$21,953
Oct 202506,82659.383.30$22,559
Sep 202506,03162.743.08$18,557
Aug 202506,14163.933.01$18,514
Jul 202506,39966.743.32$21,214
Jun 202505,95066.483.13$18,616
May 202506,08360.553.23$19,662
Apr 202505,87862.363.54$20,826
Mar 202503,73867.704.27$15,955
Feb 202513,83570.884.34$16,718
Jan 202506,02574.324.28$25,779
Dec 202406,55468.993.12$20,457
Nov 202406,08669.052.20$13,380
Oct 202406,20471.372.28$14,154
Sep 202405,66969.612.36$13,404
Aug 202406,15475.632.06$12,700
Jul 202406,44579.932.15$13,835
Jun 202406,68578.082.63$17,608
May 2024304,69578.812.20$12,686
Apr 2024334,87984.451.66$10,882
Mar 202407,27280.301.55$11,236
Feb 202406,62376.091.78$11,813
Jan 2024010,69573.023.30$35,268
Dec 202309,12471.262.61$23,820
Nov 202306,48377.892.81$18,201
Oct 202307,12985.443.09$22,009
Sep 202308,20289.042.74$22,433
Aug 2023526,78280.522.67$22,315
Jul 202305,91874.852.64$15,634
Jun 2023074168.962.26$1,674
May 202305,96770.622.23$13,291
Apr 202304,49778.122.24$10,063
Mar 202307,50972.852.39$17,970
Feb 202307,73575.112.47$19,072
Jan 202306,46676.533.39$21,905
Dec 2022307,52476.415.73$45,398
Nov 202204,29985.005.65$24,273
Oct 202202,24787.185.86$13,176
Sep 202207,27284.888.16$59,366
Aug 202208,01594.529.13$73,154
Jul 202208,023101.587.54$60,510
Jun 202207,342115.097.98$58,569
May 2022318,635109.378.43$76,210
Apr 202207,591104.226.84$51,904
Mar 202207,754108.885.08$39,362
Feb 202207,59291.054.86$36,888
Jan 2022358,24081.844.54$40,255
Dec 202108,42171.323.90$32,834
Nov 202108,38477.435.24$43,906
Oct 202109,22679.795.71$52,716
Sep 202129,48769.865.35$50,904
Aug 2021010,22566.024.22$43,156
Jul 2021210,39670.783.98$41,539
Jun 20213810,44369.493.38$37,944
May 2021011,00363.483.02$33,203
Apr 2021011,04960.362.76$30,478
Mar 2021012,37261.302.72$33,614
Feb 2021327,90457.805.55$45,701
Jan 20211312,21650.412.81$34,986
Dec 2020013,26444.642.68$35,487
Nov 2020010,27738.772.71$27,815
Oct 2020010,71636.972.48$26,559
Sep 2020210,25337.091.99$20,488
Aug 20203411,01039.982.39$27,619
Jul 2020011,24238.371.83$20,518
Jun 2020011,45334.901.69$19,359
May 2020112,36316.921.81$22,453
Apr 2020012,12014.751.80$21,869
Mar 2020012,92130.341.86$23,984
Feb 2020013,21449.881.98$26,173
Jan 20203813,85957.252.09$31,207
Dec 2019013,76759.012.30$31,724
Nov 2019012,94155.302.75$35,597
Oct 2019114,65753.472.42$35,502
Sep 2019015,24555.052.66$40,510
Aug 2019015,43953.112.30$35,577
Jul 2019016,26156.272.46$40,003
Jun 2019116,39052.782.49$40,884
May 20193917,16258.482.74$49,310
Apr 2019117,09562.632.75$47,086
Mar 2019519,01156.803.06$58,498
Feb 2019016,37950.852.79$45,734
Jan 20194418,84246.033.23$62,851
Dec 2018027,60146.594.19$115,522
Nov 2018021,41852.934.24$90,753
Oct 20183719,11861.443.40$67,238
Sep 2018019,31359.543.11$60,025
Aug 2018021,27559.403.07$65,241
Jul 2018022,33665.142.93$65,486
Jun 2018022,44160.183.08$69,049
May 2018023,91165.382.90$69,361
Apr 20183525,49563.842.90$76,190
Mar 2018128,16061.222.79$78,539
Feb 2018026,27661.782.77$72,683
Jan 2018032,21462.874.01$129,156
Dec 20174435,54657.272.92$106,368
Nov 2017037,50655.423.12$116,957
Oct 2017040,74949.292.98$121,582
Sep 2017035,21847.523.09$108,728
Aug 2017018,93645.373.00$56,891
Jul 20174722,16043.873.09$70,476
Jun 2017026,17742.493.09$80,816
May 2017329,85345.373.26$33,606
Apr 2017015,97047.933.21$51,289
Mar 20174323,75546.772.98$72,888
Feb 20174323,21850.452.95$70,723
Jan 20174526,72349.413.42$93,584
Dec 20164426,92448.763.72$102,379
Nov 20164126,29542.492.64$71,275
Oct 2016026,76246.193.09$82,702
Sep 2016338,71841.553.10$28,402
Aug 20162835,36341.442.92$104,574
Jul 20164736,58441.622.92$108,940
Jun 20164737,68645.352.69$103,350
May 20165041,66342.521.99$85,079
Apr 20165343,21036.561.99$87,971
Mar 20165749,60533.011.79$90,873
Feb 20166862,97126.472.06$131,749
Jan 20166479,18027.352.36$188,960
Dec 201511480,35232.362.00$164,506
Nov 20157095,89738.792.17$210,556
Oct 201514095,44443.552.43$237,700
Sep 2015088,73342.992.76$244,763
Aug 20158892,43540.162.87$269,053
Jul 201583111,01048.152.95$330,930
Jun 201548134,60156.152.88$390,731
May 201519176,36455.212.96$522,284
Apr 201515146,11049.822.71$396,204
Mar 20150042.892.93$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                7,042 Mcf  × $  3.05 =    $21,449

────────────────────────────────────────────────────
Month total                                  $21,449

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/277173 is the state's own key, not one this site invented.