MATRIX LAND CO.

Operated by ESCONDIDO RESOURCES OPER CO, LLC (P-5 254231) 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 277765District 04Field 678854002 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.6 M
Feb 2013 – May 2026
Value, last 12 filed months
$72 k
at the published price for each month
Months reported
160
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 Gas112015-12-17214394
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
CondensateDisposition1,527 bbl$130,154
GasProduction2,064,196 Mcf$7,445,998
Total$7,576,152

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 27.9209, -99.4482. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.92085, -99.44824 · 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
6,148 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 6,148 ft.

Completions filed
Feb 2013
1 of 1 wells

1 well

42-4794216230H6,148 ftFeb 2013

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 (160)

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

160 months

May 202601,453106.413.05$4,426
Apr 202601,55598.932.87$4,462
Mar 202601,63089.753.15$5,134
Feb 202601,52963.503.75$5,734
Jan 202601,47659.138.00$11,805
Dec 202501,64456.664.41$7,256
Nov 202511,64358.593.93$6,510
Oct 202501,51159.383.30$4,994
Sep 202501,68662.743.08$5,188
Aug 202501,73763.933.01$5,237
Jul 202501,78566.743.32$5,918
Jun 202501,72366.483.13$5,391
May 202501,69460.553.23$5,476
Apr 202501,78262.363.54$6,314
Mar 202501,95967.704.27$8,362
Feb 2025171,81670.884.34$9,088
Jan 202501,72374.324.28$7,372
Dec 202401,09068.993.12$3,402
Nov 202402,74369.052.20$6,030
Oct 202402,12071.372.28$4,837
Sep 202401,95969.612.36$4,632
Aug 202402,09575.632.06$4,323
Jul 202401,73079.932.15$3,714
Jun 202401,56278.082.63$4,114
May 202401,70378.812.20$3,744
Apr 202401,86284.451.66$3,089
Mar 2024102,04580.301.55$3,963
Feb 202412,11876.091.78$3,854
Jan 202492,35273.023.30$8,413
Dec 202303,18971.262.61$8,326
Nov 202323,61977.892.81$10,316
Oct 202304,23285.443.09$13,065
Sep 202301,95189.042.74$5,336
Aug 202301,10480.522.67$2,951
Jul 202301774.852.64$45
Jun 2023049368.962.26$1,113
May 2023013970.622.23$310
Apr 202301078.122.24$22
Mar 202301572.852.39$36
Feb 2023021375.112.47$525
Jan 2023062976.533.39$2,131
Dec 202221,83376.415.73$10,654
Nov 2022146,03985.005.65$35,287
Oct 2022137,50187.185.86$45,117
Sep 202212,87584.888.16$23,555
Aug 202203,85694.529.13$35,194
Jul 202203,577101.587.54$26,978
Jun 202213,630115.097.98$29,072
May 202203,979109.378.43$33,555
Apr 202213,924104.226.84$26,935
Mar 202264,049108.885.08$21,208
Feb 202284,02191.054.86$20,266
Jan 202245,02181.844.54$23,111
Dec 202105,20971.323.90$20,311
Nov 202115,13677.435.24$26,974
Oct 202175,70479.795.71$33,150
Sep 202143,94869.865.35$21,405
Aug 202105,03466.024.22$21,246
Jul 202104,10770.783.98$16,354
Jun 202105,47969.493.38$18,522
May 202105,94663.483.02$17,943
Apr 202106,15560.362.76$16,978
Mar 202106,86261.302.72$18,644
Feb 202104,15157.805.55$23,030
Jan 202101,90950.412.81$5,365
Dec 2020163,45444.642.68$9,955
Nov 202006,18238.772.71$16,732
Oct 202006,53036.972.48$16,184
Sep 2020406,58837.091.99$14,601
Aug 202006,98239.982.39$16,653
Jul 202007,11638.371.83$12,988
Jun 202007,18634.901.69$12,147
May 202007,17416.921.81$13,019
Apr 202007,13814.751.80$12,880
Mar 202007,11130.341.86$13,200
Feb 202007,00749.881.98$13,879
Jan 202007,54557.252.09$15,805
Dec 201907,37859.012.30$17,002
Nov 201904,77855.302.75$13,143
Oct 20190053.472.42$0
Sep 201901,19055.052.66$3,162
Aug 201908,81253.112.30$20,306
Jul 201908,39556.272.46$20,652
Jun 201908,67952.782.49$21,621
May 201909,19958.482.74$25,208
Apr 201909,36862.632.75$25,769
Mar 201908,47456.803.06$25,948
Feb 201908,26550.852.79$23,078
Jan 201909,23546.033.23$29,812
Dec 201809,69346.594.19$40,569
Nov 201808,78952.934.24$37,241
Oct 201809,28961.443.40$31,565
Sep 201809,28659.543.11$28,861
Aug 201809,25059.403.07$28,366
Jul 201809,22165.142.93$27,035
Jun 201808,91460.183.08$27,428
May 2018019,86565.382.90$57,624
Apr 2018010,19463.842.90$29,571
Mar 20181211,57361.222.79$32,987
Feb 201809,67461.782.77$26,759
Jan 2018010,61162.874.01$42,543
Dec 2017010,93457.272.92$31,944
Nov 201709,72355.423.12$30,320
Oct 2017010,20249.292.98$30,440
Sep 2017010,32647.523.09$31,879
Aug 2017011,62045.373.00$34,911
Jul 2017011,35943.873.09$35,068
Jun 2017011,28942.493.09$34,852
May 2017011,11445.373.26$36,269
Apr 2017011,44447.933.21$36,754
Mar 2017011,90446.772.98$35,518
Feb 2017011,05150.452.95$32,629
Jan 2017012,59949.413.42$43,073
Dec 2016013,45548.763.72$50,091
Nov 2016012,91542.492.64$34,152
Oct 2016014,09546.193.09$43,557
Sep 20167313,91141.553.10$46,166
Aug 2016014,62541.442.92$42,768
Jul 20161915,56741.622.92$46,314
Jun 2016012,95245.352.69$34,787
May 2016013,66442.521.99$27,206
Apr 2016015,18036.561.99$30,224
Mar 2016015,35133.011.79$27,540
Feb 2016015,41526.472.06$31,811
Jan 2016015,66827.352.36$37,045
Dec 20155116,82332.362.00$35,320
Nov 2015017,21838.792.17$37,317
Oct 2015020,21543.552.43$49,053
Sep 2015016,04142.992.76$44,248
Aug 2015019,94340.162.87$57,286
Jul 20152213,24548.152.95$40,067
Jun 20156719,56456.152.88$60,162
May 2015019,83655.212.96$58,624
Apr 2015012,22249.822.71$33,080
Mar 2015019,73842.892.93$57,925
Feb 2015018,29044.662.98$54,435
Jan 2015020,43943.433.10$63,374
Dec 2014021,61054.693.59$77,609
Nov 2014022,01870.464.25$93,617
Oct 2014023,23978.303.90$90,654
Sep 2014023,35886.164.05$94,493
Aug 2014023,35889.394.04$94,252
Jul 2014027,68396.564.18$115,704
Jun 2014028,44198.164.74$134,722
May 2014030,94894.734.73$146,278
Apr 20143432,30695.944.81$158,625
Mar 201411034,00195.895.06$182,484
Feb 2014032,76797.406.19$202,893
Jan 2014039,75290.404.86$193,223
Dec 20138739,75191.824.35$181,083
Nov 2013044,14888.853.74$165,038
Oct 2013249,95797.423.78$189,000
Sep 201315650,373104.113.72$203,515
Aug 2013061,373104.253.52$216,193
Jul 201313260,812102.523.72$239,616
Jun 201313567,51594.403.93$278,308
May 201312168,86994.834.15$297,217
Apr 2013092,69493.964.28$396,970
Mar 2013348128,65693.623.91$535,994
Feb 2013073,20491.233.42$250,351

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                1,453 Mcf  × $  3.05 =     $4,426

────────────────────────────────────────────────────
Month total                                   $4,426

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/277765 is the state's own key, not one this site invented.