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 277364District 04Field 678854002 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.7 M
Mar 2015 – May 2026
Value, last 12 filed months
$310 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 Gas112015-12-10217314
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
CondensateDisposition1,213 bbl$61,054
GasProduction1,889,418 Mcf$5,610,008
Total$5,671,062

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 27.7074, -99.6574. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.70740, -99.65740 · 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
5,275 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 5,275 ft.

Completions filed
Dec 2015
1 of 1 wells

1 well

42-479430979H5,275 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 202606,848106.413.05$20,858
Apr 202607,77898.932.87$22,321
Mar 202606,39089.753.15$20,125
Feb 2026257,25663.503.75$28,800
Jan 202608,04059.138.00$64,303
Dec 202505,35456.664.41$23,629
Nov 202507,99158.593.93$31,376
Oct 202505,89159.383.30$19,469
Sep 202506,16662.743.08$18,972
Aug 202506,07163.933.01$18,303
Jul 202506,73266.743.32$22,318
Jun 202506,29466.483.13$19,692
May 202505,68460.553.23$18,373
Apr 202504,87062.363.54$17,255
Mar 202506,61867.704.27$28,248
Feb 202506,91770.884.34$30,026
Jan 202505,78474.324.28$24,748
Dec 202403,46968.993.12$10,828
Nov 202404,82969.052.20$10,616
Oct 202404,58571.372.28$10,460
Sep 202405,36969.612.36$12,694
Aug 202405,13775.632.06$10,601
Jul 202409,03679.932.15$19,397
Jun 202405,73778.082.63$15,111
May 2024216,14378.812.20$15,160
Apr 2024214,10784.451.66$8,588
Mar 202405,87180.301.55$9,071
Feb 202406,84276.091.78$12,204
Jan 202405,57173.023.30$18,371
Dec 202304,14971.262.61$10,832
Nov 202303,51177.892.81$9,857
Oct 202305,66885.443.09$17,499
Sep 202303,73389.042.74$10,210
Aug 2023403,82480.522.67$13,442
Jul 202303,82374.852.64$10,100
Jun 202301,34068.962.26$3,026
May 202302,64170.622.23$5,883
Apr 202303,42878.122.24$7,671
Mar 202303,47972.852.39$8,326
Feb 202303,43675.112.47$8,472
Jan 202304,32776.533.39$14,659
Dec 2022227,68376.415.73$45,698
Nov 202205,56685.005.65$31,427
Oct 202202,62287.185.86$15,375
Sep 202204,91284.888.16$40,100
Aug 202205,54794.529.13$50,628
Jul 202205,736101.587.54$43,261
Jun 202206,051115.097.98$48,270
May 2022225,971109.378.43$52,760
Apr 202205,270104.226.84$36,034
Mar 202205,868108.885.08$29,788
Feb 202206,91891.054.86$33,613
Jan 2022225,52081.844.54$26,848
Dec 202105,51071.323.90$21,484
Nov 202105,54277.435.24$29,023
Oct 202105,87879.795.71$33,586
Sep 202125,98569.865.35$32,165
Aug 202106,56066.024.22$27,687
Jul 202116,69470.783.98$26,727
Jun 2021246,58369.493.38$23,922
May 202106,82863.483.02$20,605
Apr 202106,60060.362.76$18,206
Mar 202106,84261.302.72$18,589
Feb 2021205,03557.805.55$29,090
Jan 2021136,74650.412.81$19,613
Dec 202007,09244.642.68$18,974
Nov 202006,94638.772.71$18,800
Oct 202007,02536.972.48$17,411
Sep 202016,80137.091.99$13,578
Aug 2020206,93039.982.39$17,328
Jul 202006,52938.371.83$11,916
Jun 202006,57334.901.69$11,110
May 202017,17216.921.81$13,032
Apr 202007,68614.751.80$13,868
Mar 202008,44330.341.86$15,672
Feb 202008,14049.881.98$16,123
Jan 2020258,77457.252.09$19,811
Dec 201908,41959.012.30$19,400
Nov 201909,14355.302.75$25,150
Oct 201909,52653.472.42$23,039
Sep 201909,80655.052.66$26,057
Aug 201909,66753.112.30$22,276
Jul 2019010,47956.272.46$25,779
Jun 201919,44852.782.49$23,590
May 20192512,69158.482.74$36,239
Apr 2019113,51362.632.75$37,233
Mar 2019510,58456.803.06$32,693
Feb 2019011,00650.852.79$30,731
Jan 20192512,42046.033.23$41,245
Dec 2018012,51746.594.19$52,389
Nov 2018012,24652.934.24$51,889
Oct 20182813,52361.443.40$47,673
Sep 2018013,64559.543.11$42,409
Aug 2018014,89859.403.07$45,686
Jul 2018014,41665.142.93$42,266
Jun 2018013,97060.183.08$42,985
May 2018014,79565.382.90$42,917
Apr 20182915,94063.842.90$48,090
Mar 2018117,56761.222.79$49,018
Feb 2018015,69361.782.77$43,409
Jan 2018016,82862.874.01$67,469
Dec 20172218,37857.272.92$54,952
Nov 2017019,86455.423.12$61,943
Oct 2017023,28649.292.98$69,478
Sep 2017021,25747.523.09$65,626
Aug 201709,95245.373.00$29,900
Jul 20172110,66043.873.09$33,832
Jun 2017012,94242.493.09$39,956
May 20172610,68145.373.26$36,036
Apr 2017012,42547.933.21$39,904
Mar 20172914,37046.772.98$44,232
Feb 20172713,78150.452.95$42,052
Jan 20173119,25349.413.42$67,354
Dec 20163221,23848.763.72$80,626
Nov 20163220,14442.492.64$54,627
Oct 2016012,94446.193.09$40,000
Sep 2016195,32241.553.10$17,291
Aug 20161824,56941.442.92$72,594
Jul 20163225,40841.622.92$75,633
Jun 20163325,98945.352.69$71,299
May 20163528,65442.521.99$58,539
Apr 20163630,19936.561.99$61,444
Mar 20163634,73333.011.79$63,500
Feb 20163535,90926.472.06$75,029
Jan 20163443,08327.352.36$102,794
Dec 20155954,04432.362.00$110,073
Nov 20153842,05338.792.17$92,617
Oct 20157348,41543.552.43$120,662
Sep 2015051,71442.992.76$142,649
Aug 20156061,10240.162.87$177,924
Jul 20154670,98448.152.95$211,268
Jun 20151685,99456.152.88$248,807
May 201516126,84855.212.96$375,776
Apr 20151299,16649.822.71$268,998
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                6,848 Mcf  × $  3.05 =    $20,858

────────────────────────────────────────────────────
Month total                                  $20,858

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/277364 is the state's own key, not one this site invented.