CORSAIR ROYALTY, LTD.

Operated by LEWIS PETRO PROPERTIES, INC. (P-5 499978) 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 277367District 04Field 678854002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.5 M
Nov 2014 – May 2026
Value, last 12 filed months
$76 k
at the published price for each month
Months reported
139
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 Gas112015-10-20217081
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
CondensateDisposition3,377 bbl$181,679
GasProduction404,917 Mcf$1,294,627
Total$1,476,306

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 27.9517, -99.3654. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.95172, -99.36543 · 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
6,413 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 6,413 ft.

Completions filed
Nov 2014
1 of 1 wells

1 well

42-479427601H6,413 ftNov 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 (139)

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

139 months

May 2026641,273106.413.05$10,688
Apr 202601,39898.932.87$4,012
Mar 202601,51389.753.15$4,765
Feb 202601,37563.503.75$5,157
Jan 202601,31459.138.00$10,509
Dec 202501,49856.664.41$6,611
Nov 202501,56958.593.93$6,161
Oct 202501,48659.383.30$4,911
Sep 2025631,80362.743.08$9,500
Aug 202501,78363.933.01$5,375
Jul 202501,46566.743.32$4,857
Jun 202501,26166.483.13$3,945
May 202501,32460.553.23$4,280
Apr 202501,46962.363.54$5,205
Mar 202501,96167.704.27$8,370
Feb 2025411,00570.884.34$7,269
Jan 202501,58074.324.28$6,760
Dec 202401,59068.993.12$4,963
Nov 202401,65469.052.20$3,636
Oct 2024591,51471.372.28$7,665
Sep 202401,57569.612.36$3,724
Aug 202403,43475.632.06$7,087
Jul 20240079.932.15$0
Jun 202401,14878.082.63$3,024
May 202401,08078.812.20$2,374
Apr 2024511,69684.451.66$7,121
Mar 202401,55680.301.55$2,404
Feb 202401,52176.091.78$2,713
Jan 202401,84173.023.30$6,071
Dec 2023351,98271.262.61$7,669
Nov 202302,00177.892.81$5,618
Oct 202302,00985.443.09$6,202
Sep 2023101,97489.042.74$6,289
Aug 2023762,07580.522.67$11,666
Jul 202302,05174.852.64$5,418
Jun 202302,07468.962.26$4,684
May 202302,07470.622.23$4,620
Apr 202301,97378.122.24$4,415
Mar 202302,17172.852.39$5,196
Feb 202302,24175.112.47$5,526
Jan 20231052,24776.533.39$15,648
Dec 202202,41176.415.73$13,813
Nov 202202,31185.005.65$13,048
Oct 202202,59087.185.86$15,187
Sep 202202,26584.888.16$18,491
Aug 202202,53794.529.13$23,156
Jul 2022602,483101.587.54$24,822
Jun 2022702,744115.097.98$29,946
May 202202,839109.378.43$23,941
Apr 202202,898104.226.84$19,815
Mar 202202,738108.885.08$13,899
Feb 202203,36091.054.86$16,326
Jan 202201,40681.844.54$6,380
Dec 202102,86771.323.90$11,179
Nov 202102,24677.435.24$11,762
Oct 202102,74579.795.71$15,685
Sep 2021882,50769.865.35$19,562
Aug 202102,94366.024.22$12,421
Jul 202103,09370.783.98$12,317
Jun 202103,14169.493.38$10,619
May 202103,40063.483.02$10,260
Apr 2021213,50560.362.76$10,936
Mar 2021533,63161.302.72$13,114
Feb 202103,34357.805.55$18,547
Jan 2021303,80350.412.81$12,200
Dec 2020393,83544.642.68$12,001
Nov 2020223,82838.772.71$11,214
Oct 202003,95836.972.48$9,810
Sep 202003,68937.091.99$7,345
Aug 2020633,62239.982.39$11,158
Jul 202003,54938.371.83$6,477
Jun 2020623,81334.901.69$8,609
May 202003,96516.921.81$7,195
Apr 2020804,10214.751.80$8,582
Mar 2020334,25930.341.86$8,907
Feb 2020734,12349.881.98$11,808
Jan 202004,56557.252.09$9,562
Dec 2019344,67659.012.30$12,782
Nov 201904,68755.302.75$12,893
Oct 201903,32753.472.42$8,046
Sep 2019032755.052.66$869
Aug 20190053.112.30$0
Jul 2019010156.272.46$248
Jun 2019070652.782.49$1,759
May 2019098258.482.74$2,691
Apr 2019072862.632.75$2,003
Mar 20191381,18856.803.06$11,476
Feb 201911,14850.852.79$3,256
Jan 201911,18546.033.23$3,871
Dec 201821,04646.594.19$4,471
Nov 201831,02552.934.24$4,502
Oct 201811,14361.443.40$3,945
Sep 201811,19859.543.11$3,783
Aug 201811,07759.403.07$3,362
Jul 201811,04165.142.93$3,117
Jun 2018270660.183.08$2,293
May 201811,71065.382.90$5,026
Apr 20181021,60563.842.90$11,167
Mar 201821,71161.222.79$4,891
Feb 201811,28261.782.77$3,608
Jan 201811,90162.874.01$7,685
Dec 201712,13557.272.92$6,295
Nov 201712,03855.423.12$6,411
Oct 2017581,65949.292.98$7,809
Sep 201721,82847.523.09$5,739
Aug 201752,43045.373.00$7,528
Jul 201743,07243.873.09$9,660
Jun 201712,85242.493.09$8,847
May 201713,55645.373.26$11,650
Apr 2017303,14047.933.21$11,522
Mar 2017333,60046.772.98$12,285
Feb 2017923,47850.452.95$14,911
Jan 2017323,79649.413.42$14,559
Dec 2016593,32148.763.72$15,240
Nov 201643,28442.492.64$8,854
Oct 2016293,55546.193.09$12,325
Sep 2016173,76341.553.10$12,374
Aug 201613,84541.442.92$11,286
Jul 2016443,85541.622.92$13,105
Jun 2016453,78645.352.69$12,209
May 2016573,75442.521.99$9,898
Apr 20161003,94836.561.99$11,517
Mar 20161414,60033.011.79$12,907
Feb 201624,28626.472.06$8,898
Jan 201635,32927.352.36$12,682
Dec 2015845,53432.362.00$13,794
Nov 2015245,41138.792.17$12,658
Oct 201545,92243.552.43$14,544
Sep 2015396,09542.992.76$18,489
Aug 2015756,52240.162.87$21,746
Jul 20151006,87048.152.95$25,048
Jun 2015567,04956.152.88$23,466
May 20151008,28355.212.96$30,001
Apr 20151016,56549.822.71$22,800
Mar 20151058,69142.892.93$30,009
Feb 20151018,60444.662.98$30,118
Jan 201517510,35443.433.10$39,704
Dec 201415712,34154.693.59$52,907
Nov 201447,59470.464.25$32,570

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            64 bbl  × $106.41 =     $6,810
Gas                1,273 Mcf  × $  3.05 =     $3,877

────────────────────────────────────────────────────
Month total                                  $10,688

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/277367 is the state's own key, not one this site invented.