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CERRITO

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 277903District 04Field 678854002 tax incentive programmesCondensateGasSaveExport
Value, all time
$11.4 M
Mar 2015 – May 2026
Value, last 12 filed months
$370 k
at the published price for each month
Months reported
135
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 Gas112015-11-05217403
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
CondensateDisposition1,629 bbl$79,393
GasProduction3,863,371 Mcf$11,341,735
Total$11,421,128

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 27.9370, -99.4693. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.93703, -99.46932 · 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
5,865 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 5,865 ft.

Completions filed
Dec 2018
1 of 1 wells

1 well

42-4794316625H5,865 ftDec 2018——

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 202607,216106.413.05$21,979
Apr 202606,85198.932.87$19,660
Mar 2026147,63489.753.15$25,299
Feb 202607,37563.503.75$27,659
Jan 202608,39759.138.00$67,159
Dec 202508,22856.664.41$36,313
Nov 202508,20458.593.93$32,213
Oct 202508,48959.383.30$28,055
Sep 202507,63962.743.08$23,505
Aug 202509,12063.933.01$27,495
Jul 202509,49366.743.32$31,471
Jun 202509,28166.483.13$29,038
May 2025010,21460.553.23$33,015
Apr 20252010,42362.363.54$38,177
Mar 2025010,28067.704.27$43,878
Feb 202507,22770.884.34$31,371
Jan 202508,81674.324.28$37,721
Dec 202409,05968.993.12$28,276
Nov 202405,85969.052.20$12,881
Oct 2024186,92471.372.28$17,081
Sep 202407,64969.612.36$18,085
Aug 202458,49175.632.06$17,900
Jul 202408,61179.932.15$18,484
Jun 202408,80578.082.63$23,192
May 202469,64778.812.20$21,681
Apr 202409,30384.451.66$15,436
Mar 202429,61480.301.55$15,015
Feb 2024149,34876.091.78$17,739
Jan 20241010,39473.023.30$35,006
Dec 2023010,67571.262.61$27,869
Nov 2023110,78477.892.81$30,355
Oct 2023011,28985.443.09$34,852
Sep 2023111,02689.042.74$30,246
Aug 20232212,26180.522.67$34,544
Jul 2023011,98274.852.64$31,654
Jun 2023011,00368.962.26$24,850
May 2023011,14370.622.23$24,820
Apr 2023010,54178.122.24$23,588
Mar 2023011,55072.852.39$27,641
Feb 2023108,21575.112.47$21,007
Jan 2023011,70876.533.39$39,663
Dec 2022011,48576.415.73$65,798
Nov 2022138,17485.005.65$47,257
Oct 2022012,59387.185.86$73,842
Sep 202209,11584.888.16$74,412
Aug 202209,01994.529.13$82,318
Jul 2022013,254101.587.54$99,963
Jun 2022013,031115.097.98$103,951
May 2022014,125109.378.43$119,117
Apr 20222514,385104.226.84$100,964
Mar 2022014,659108.885.08$74,415
Feb 2022013,30491.054.86$64,642
Jan 20222315,47781.844.54$72,112
Dec 2021015,55771.323.90$60,659
Nov 2021014,99777.435.24$78,537
Oct 2021015,97379.795.71$91,268
Sep 2021017,03369.865.35$91,142
Aug 2021716,43166.024.22$69,811
Jul 20214216,56770.783.98$68,944
Jun 2021016,82569.493.38$56,879
May 2021017,80063.483.02$53,715
Apr 20214018,30160.362.76$52,896
Mar 2021019,34461.302.72$52,556
Feb 2021015,07557.805.55$83,635
Jan 20214511,38750.412.81$34,269
Dec 202009,32444.642.68$24,946
Nov 2020015,38338.772.71$41,635
Oct 2020022,23336.972.48$55,103
Sep 2020022,80637.091.99$45,408
Aug 2020020,22339.982.39$48,234
Jul 20204121,19838.371.83$40,262
Jun 2020019,49734.901.69$32,956
May 2020021,36016.921.81$38,763
Apr 2020022,63114.751.80$40,835
Mar 2020023,64030.341.86$43,881
Feb 2020022,47149.881.98$44,508
Jan 2020026,72857.252.09$55,988
Dec 2019123,53559.012.30$54,292
Nov 2019026,45955.302.75$72,781
Oct 2019014,76353.472.42$35,705
Sep 201913,84255.052.66$10,264
Aug 2019021,87153.112.30$50,399
Jul 20194421,49456.272.46$55,352
Jun 2019022,74252.782.49$56,655
May 2019023,54458.482.74$64,518
Apr 2019022,89662.632.75$62,980
Mar 2019024,94456.803.06$76,381
Feb 2019022,28350.852.79$62,219
Jan 2019024,76246.033.23$79,936
Dec 2018020,84346.594.19$87,237
Nov 2018021,10952.934.24$89,444
Oct 2018023,31261.443.40$79,216
Sep 2018017,70159.543.11$55,015
Aug 2018027,24559.403.07$83,548
Jul 2018028,28565.142.93$82,928
Jun 2018027,78760.183.08$85,498
May 2018028,58265.382.90$82,911
Apr 20188430,02463.842.90$92,456
Mar 2018030,66561.222.79$85,458
Feb 2018032,27861.782.77$89,285
Jan 2018036,66462.874.01$146,998
Dec 2017025,87857.272.92$75,603
Nov 2017035,22655.423.12$109,847
Oct 2017037,29149.292.98$111,264
Sep 2017037,39547.523.09$115,449
Aug 2017039,56645.373.00$118,872
Jul 2017041,75143.873.09$128,897
Jun 2017043,62142.493.09$134,670
May 2017043,75645.373.26$142,793
Apr 2017043,82247.933.21$140,739
Mar 2017046,82846.772.98$139,720
Feb 2017043,75450.452.95$129,188
Jan 2017050,53249.413.42$172,759
Dec 2016053,09648.763.72$197,667
Nov 2016055,23842.492.64$146,069
Oct 2016056,32546.193.09$174,059
Sep 201613265,88041.553.10$209,754
Aug 2016067,33441.442.92$196,908
Jul 2016070,43941.622.92$205,988
Jun 2016074,17145.352.69$199,211
May 2016079,66242.521.99$158,610
Apr 201616579,72636.561.99$164,770
Mar 2016093,82933.011.79$168,330
Feb 2016095,70826.472.06$197,506
Jan 2016081,76527.352.36$193,322
Dec 2015133114,52432.362.00$233,513
Nov 20150121,71538.792.17$263,797
Oct 2015165138,48043.552.43$343,219
Sep 2015188146,72242.992.76$412,803
Aug 2015176140,66840.162.87$411,136
Jul 2015181164,26748.152.95$492,495
Jun 20150124,59956.152.88$359,201
May 20150055.212.96$0
Apr 20150049.822.71$0
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                7,216 Mcf  × $  3.05 =    $21,979

────────────────────────────────────────────────────
Month total                                  $21,979

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/277903 is the state's own key, not one this site invented.