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LA CRUZ TRES LAND, LTD - STATE

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 278020District 04Field 678854002 tax incentive programmesCondensateGasSaveExport
Value, all time
$12.4 M
May 2015 – May 2026
Value, last 12 filed months
$476 k
at the published price for each month
Months reported
133
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 Gas112017-06-16219863
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
CondensateDisposition1,037 bbl$57,852
GasProduction3,868,228 Mcf$12,380,619
Total$12,438,471

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 27.7154, -99.6577. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.71536, -99.65775 · 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
5,199 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 5,199 ft.

Completions filed
Aug 2017
1 of 1 wells

1 well

42-479430766H5,199 ftAug 2017——

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 (133)

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

133 months

May 2026010,031106.413.05$30,553
Apr 202609,36598.932.87$26,875
Mar 202609,46889.753.15$29,819
Feb 20261778,95063.503.75$44,805
Jan 2026010,26159.138.00$82,067
Dec 2025010,37656.664.41$45,793
Nov 2025010,00358.593.93$39,276
Oct 2025010,95359.383.30$36,198
Sep 2025011,12062.743.08$34,215
Aug 2025011,31363.933.01$34,106
Jul 2025011,46966.743.32$38,022
Jun 2025010,89466.483.13$34,084
May 2025011,51660.553.23$37,223
Apr 2025011,79362.363.54$41,784
Mar 2025012,53967.704.27$53,520
Feb 2025211,07570.884.34$48,217
Jan 2025012,67674.324.28$54,237
Dec 2024012,87868.993.12$40,197
Nov 2024010,64069.052.20$23,391
Oct 202409,81571.372.28$22,392
Sep 2024011,08169.612.36$26,199
Aug 2024012,40775.632.06$25,603
Jul 2024011,55679.932.15$24,806
Jun 2024013,04178.082.63$34,350
May 2024014,98678.812.20$32,946
Apr 2024011,33984.451.66$18,814
Mar 2024017,04280.301.55$26,332
Feb 202417210,37076.091.78$31,584
Jan 2024010,49873.023.30$34,619
Dec 2023012,14071.262.61$31,694
Nov 2023015,72677.892.81$44,152
Oct 2023017,89385.443.09$55,241
Sep 2023019,16889.042.74$52,425
Aug 2023022,40680.522.67$59,889
Jul 2023027,52174.852.64$72,705
Jun 202301,61468.962.26$3,645
May 20230170.622.23$2
Apr 202301,55078.122.24$3,469
Mar 2023016,55572.852.39$39,619
Feb 2023017,35775.112.47$42,797
Jan 2023013,14776.533.39$44,538
Dec 202208,45776.415.73$48,451
Nov 202209,18385.005.65$51,849
Oct 202203,76387.185.86$22,065
Sep 2022014,35584.888.16$117,190
Aug 2022015,21094.529.13$138,824
Jul 2022015,024101.587.54$113,312
Jun 2022015,180115.097.98$121,094
May 2022016,020109.378.43$135,097
Apr 2022015,196104.226.84$103,904
Mar 2022015,924108.885.08$80,837
Feb 2022014,72891.054.86$71,561
Jan 2022017,65081.844.54$80,090
Dec 2021018,28771.323.90$71,303
Nov 2021017,96577.435.24$94,080
Oct 2021018,62679.795.71$106,427
Sep 2021018,41869.865.35$98,553
Aug 2021019,45166.024.22$82,095
Jul 2021019,77870.783.98$78,758
Jun 2021219,09669.493.38$64,695
May 2021019,85063.483.02$59,901
Apr 2021020,15260.362.76$55,588
Mar 2021224,46161.302.72$66,582
Feb 2021016,36857.805.55$90,809
Jan 2021221,55250.412.81$60,668
Dec 2020022,14344.642.68$59,243
Nov 2020021,60738.772.71$58,481
Oct 2020122,79436.972.48$56,530
Sep 20208222,44037.091.99$47,720
Aug 2020023,43039.982.39$55,883
Jul 2020023,74538.371.83$43,337
Jun 2020024,30234.901.69$41,078
May 2020425,71316.921.81$46,730
Apr 2020025,61014.751.80$46,210
Mar 2020027,11830.341.86$50,337
Feb 2020025,12549.881.98$49,764
Jan 2020028,17757.252.09$59,023
Dec 2019028,83359.012.30$66,442
Nov 2019028,86455.302.75$79,396
Oct 2019030,54253.472.42$73,867
Sep 2019030,46655.052.66$80,957
Aug 2019032,34753.112.30$74,539
Jul 201914832,89456.272.46$89,249
Jun 2019132,99552.782.49$82,250
May 2019135,23658.482.74$96,616
Apr 2019335,42162.632.75$97,620
Mar 2019139,38956.803.06$120,670
Feb 2019034,80750.852.79$97,189
Jan 2019040,34346.033.23$130,234
Dec 2018040,90246.594.19$171,193
Nov 2018041,71052.934.24$176,735
Oct 2018045,22661.443.40$153,682
Sep 2018045,43559.543.11$141,212
Aug 2018048,19459.403.07$147,790
Jul 2018049,82865.142.93$146,090
Jun 2018050,87760.183.08$156,544
May 2018054,64365.382.90$158,508
Apr 2018056,95163.842.90$165,203
Mar 2018061,65961.222.79$171,834
Feb 2018058,89561.782.77$162,911
Jan 2018062,57962.874.01$250,899
Dec 2017575,00457.272.92$219,412
Nov 2017874,19455.423.12$231,807
Oct 20174073,77249.292.98$222,084
Sep 2017073,13147.523.09$225,776
Aug 201710261,06345.373.00$188,085
Jul 2017066,94443.873.09$206,675
Jun 2017071,88742.493.09$221,935
May 2017084,81745.373.26$276,792
Apr 20173391,78247.933.21$296,349
Mar 201726108,56846.772.98$325,148
Feb 201748113,55950.452.95$337,716
Jan 2017145147,29249.413.42$510,726
Dec 20160174,04348.763.72$647,933
Nov 20160204,60142.492.64$541,037
Oct 201632247,10446.193.09$765,094
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$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               10,031 Mcf  × $  3.05 =    $30,553

────────────────────────────────────────────────────
Month total                                  $30,553

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/278020 is the state's own key, not one this site invented.