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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 278069District 04Field 678854002 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.2 M
Jun 2015 – May 2026
Value, last 12 filed months
$353 k
at the published price for each month
Months reported
132
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 Gas112015-11-05217401
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
CondensateDisposition1,847 bbl$84,488
GasProduction3,475,179 Mcf$10,086,293
Total$10,170,782

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 27.9347, -99.4771. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.93473, -99.47708 · 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
5,851 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 5,851 ft.

Completions filed
Dec 2018
1 of 1 wells

1 well

42-4794316727H5,851 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 (132)

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

132 months

May 202609,174106.413.05$27,943
Apr 202608,23898.932.87$23,641
Mar 2026199,32189.753.15$31,061
Feb 202606,67363.503.75$25,026
Jan 202607,25959.138.00$58,057
Dec 202507,58756.664.41$33,484
Nov 202507,14458.593.93$28,050
Oct 202507,77359.383.30$25,689
Sep 202507,60562.743.08$23,400
Aug 202508,12763.933.01$24,501
Jul 202508,21766.743.32$27,241
Jun 202507,88666.483.13$24,673
May 202508,51460.553.23$27,520
Apr 202508,52062.363.54$30,187
Mar 202509,21067.704.27$39,311
Feb 202507,51970.884.34$32,639
Jan 202506,90874.324.28$29,557
Dec 202408,54668.993.12$26,675
Nov 202408,07769.052.20$17,757
Oct 202476,96871.372.28$16,396
Sep 202406,56369.612.36$15,517
Aug 202407,98675.632.06$16,480
Jul 202497,58979.932.15$17,010
Jun 202408,02578.082.63$21,138
May 202448,82078.812.20$19,705
Apr 202408,49184.451.66$14,088
Mar 202408,75780.301.55$13,531
Feb 2024178,58476.091.78$16,604
Jan 202408,33773.023.30$27,493
Dec 202308,24871.262.61$21,533
Nov 202308,83377.892.81$24,799
Oct 202318,37785.443.09$25,948
Sep 2023148,84389.042.74$25,433
Aug 202309,68980.522.67$25,898
Jul 202309,15974.852.64$24,196
Jun 202308,83268.962.26$19,947
May 2023119,18070.622.23$21,224
Apr 202309,10078.122.24$20,364
Mar 202309,38672.852.39$22,462
Feb 2023118,82775.112.47$22,591
Jan 202307,48476.533.39$25,354
Dec 202205,63576.415.73$32,283
Nov 2022158,68885.005.65$50,329
Oct 202208,73087.185.86$51,191
Sep 202209,95384.888.16$81,253
Aug 2022010,51494.529.13$95,963
Jul 2022010,784101.587.54$81,334
Jun 2022010,563115.097.98$84,263
May 2022011,161109.378.43$94,121
Apr 2022910,964104.226.84$75,905
Mar 2022011,455108.885.08$58,150
Feb 2022010,27491.054.86$49,920
Jan 20224011,78181.844.54$56,732
Dec 2021011,83271.323.90$46,134
Nov 2021011,82277.435.24$61,910
Oct 2021012,24579.795.71$69,966
Sep 2021012,52169.865.35$66,999
Aug 2021013,15866.024.22$55,535
Jul 20212914,13970.783.98$58,355
Jun 2021014,08069.493.38$47,599
May 2021014,78963.483.02$44,628
Apr 2021015,60960.362.76$43,056
Mar 20212617,03161.302.72$47,866
Feb 2021013,90457.805.55$77,139
Jan 2021341,86550.412.81$6,955
Dec 202003,79744.642.68$10,159
Nov 2020011,97138.772.71$32,400
Oct 2020017,41636.972.48$43,164
Sep 2020017,17737.091.99$34,200
Aug 2020017,11639.982.39$40,823
Jul 20202716,58138.371.83$31,298
Jun 2020014,50734.901.69$24,521
May 2020015,44216.921.81$28,023
Apr 2020016,81514.751.80$30,341
Mar 2020017,59630.341.86$32,662
Feb 2020016,92149.881.98$33,515
Jan 2020019,61157.252.09$41,080
Dec 2019016,91759.012.30$38,983
Nov 2019017,85255.302.75$49,106
Oct 2019019,67353.472.42$47,580
Sep 2019219,71855.052.66$52,506
Aug 2019021,28253.112.30$49,041
Jul 2019021,22256.272.46$52,207
Jun 2019022,78352.782.49$56,757
May 2019024,08258.482.74$65,992
Apr 2019023,77962.632.75$65,409
Mar 2019026,27456.803.06$80,454
Feb 2019023,79150.852.79$66,430
Jan 2019026,12846.033.23$84,346
Dec 201807,09146.594.19$29,679
Nov 2018013,27952.934.24$56,266
Oct 2018013,78061.443.40$46,826
Sep 2018014,93459.543.11$46,415
Aug 2018018,29159.403.07$56,090
Jul 2018016,83165.142.93$49,346
Jun 2018019,98060.183.08$61,477
May 2018017,56565.382.90$50,953
Apr 20189922,64063.842.90$71,994
Mar 2018025,47061.222.79$70,981
Feb 2018026,41061.782.77$73,053
Jan 2018029,29162.874.01$117,437
Dec 2017020,84357.272.92$60,893
Nov 2017030,07655.423.12$93,788
Oct 2017032,00849.292.98$95,502
Sep 2017032,05747.523.09$98,969
Aug 2017033,92845.373.00$101,933
Jul 2017035,78643.873.09$110,481
Jun 2017037,70542.493.09$116,406
May 2017038,30645.373.26$125,008
Apr 2017038,64547.933.21$124,112
Mar 2017041,48046.772.98$123,763
Feb 2017038,90550.452.95$114,871
Jan 2017045,38849.413.42$155,172
Dec 2016048,13848.763.72$179,210
Nov 2016050,99042.492.64$134,835
Oct 2016052,15046.193.09$161,157
Sep 201610059,86141.553.10$189,762
Aug 2016061,09041.442.92$178,648
Jul 201624365,01941.622.92$200,251
Jun 2016070,98045.352.69$190,640
May 2016076,43342.521.99$152,181
Apr 2016076,09536.561.99$151,508
Mar 20166390,17733.011.79$163,858
Feb 201617685,34626.472.06$180,781
Jan 2016093,29127.352.36$220,574
Dec 201559112,16432.362.00$226,395
Nov 201558120,90638.792.17$264,293
Oct 2015195139,64143.552.43$347,342
Sep 2015183152,83042.992.76$429,437
Aug 2015236150,57440.162.87$442,000
Jul 2015160175,43748.152.95$524,380
Jun 2015083,04456.152.88$239,404

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                9,174 Mcf  × $  3.05 =    $27,943

────────────────────────────────────────────────────
Month total                                  $27,943

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/278069 is the state's own key, not one this site invented.