OSBORNE

Operated by CRATON OPERATING LLC (P-5 186717) in the CARTHAGE (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 224156District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.5 M
Nov 2006 – May 2026
Value, last 12 filed months
$145 k
at the published price for each month
Months reported
235
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 4,104 leases and 4,104 wells, and the rule below applies to all of them.

Discovered
1968-05-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2011-02-08.

The Commission's schedule remark for this field reads: FIELD. EFFECTIVE 4/12/16.

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 Gas112008-06-30183893
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
CondensateDisposition1,842 bbl$136,561
GasProduction864,929 Mcf$4,379,641
Total$4,516,202

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 32.2129, -94.1529. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.21286, -94.15294 · 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
10,040 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 10,040 ft.

Completions filed
Nov 2006
1 of 1 wells

1 well

42-36535926210,040 ftNov 2006

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 (235)

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

235 months

May 202603,608106.413.05$10,989
Apr 202603,70698.932.87$10,635
Mar 202604,08089.753.15$12,850
Feb 202603,40063.503.75$12,751
Jan 202603,24659.138.00$25,961
Dec 20250056.664.41$0
Nov 20251803,11258.593.93$22,765
Oct 202502,98359.383.30$9,858
Sep 202503,19262.743.08$9,822
Aug 202503,26363.933.01$9,837
Jul 202503,00966.743.32$9,975
Jun 202502,95566.483.13$9,245
May 202502,87660.553.23$9,296
Apr 202501,27562.363.54$4,517
Mar 2025086667.704.27$3,696
Feb 202501,80670.884.34$7,840
Jan 202502,96074.324.28$12,665
Dec 202402,88168.993.12$8,993
Nov 202402,78269.052.20$6,116
Oct 202403,05571.372.28$6,970
Sep 202402,95069.612.36$6,975
Aug 20241643,21275.632.06$19,032
Jul 202403,13879.932.15$6,736
Jun 202402,95978.082.63$7,794
May 202403,05478.812.20$6,714
Apr 202403,20584.451.66$5,318
Mar 202404,00880.301.55$6,193
Feb 202403,01376.091.78$5,374
Jan 202403,43773.023.30$11,334
Dec 202303,26271.262.61$8,516
Nov 202303,11477.892.81$8,743
Oct 202303,71085.443.09$11,454
Sep 202303,00189.042.74$8,208
Aug 202303,00080.522.67$8,019
Jul 202303,66574.852.64$9,682
Jun 202302,78568.962.26$6,290
May 202303,15270.622.23$7,021
Apr 202305,03878.122.24$11,274
Mar 202305,23572.852.39$12,528
Feb 202304,27475.112.47$10,538
Jan 202303,17176.533.39$10,742
Dec 202202,00676.415.73$11,493
Nov 202202,77085.005.65$15,640
Oct 202202,97187.185.86$17,421
Sep 202203,68384.888.16$30,067
Aug 202203,85294.529.13$35,158
Jul 20220334101.587.54$2,519
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 202102357.805.55$128
Jan 202104050.412.81$112
Dec 2020019544.642.68$522
Nov 2020022038.772.71$595
Oct 2020041336.972.48$1,024
Sep 2020013837.091.99$275
Aug 202007839.982.39$186
Jul 2020022938.371.83$418
Jun 2020038634.901.69$652
May 2020036316.921.81$659
Apr 2020049414.751.80$891
Mar 2020057630.341.86$1,069
Feb 2020072849.881.98$1,442
Jan 2020029957.252.09$626
Dec 2019034559.012.30$795
Nov 2019050955.302.75$1,400
Oct 2019050753.472.42$1,226
Sep 2019026255.052.66$696
Aug 2019047253.112.30$1,088
Jul 2019061156.272.46$1,503
Jun 2019039252.782.49$977
May 2019034858.482.74$954
Apr 201903862.632.75$105
Mar 2019020056.803.06$612
Feb 2019035650.852.79$994
Jan 2019099346.033.23$3,206
Dec 201801,19546.594.19$5,002
Nov 2018064752.934.24$2,741
Oct 201801,32361.443.40$4,496
Sep 2018090759.543.11$2,819
Aug 2018059959.403.07$1,837
Jul 201801,07565.142.93$3,152
Jun 201801,54560.183.08$4,754
May 201801,11665.382.90$3,237
Apr 201801,43363.842.90$4,157
Mar 2018060661.222.79$1,689
Feb 2018077061.782.77$2,130
Jan 201801,27862.874.01$5,124
Dec 201701,12257.272.92$3,278
Nov 201701,01355.423.12$3,159
Oct 201701,08649.292.98$3,240
Sep 201701,19247.523.09$3,680
Aug 201701,14645.373.00$3,443
Jul 201701,14843.873.09$3,544
Jun 2017411,19942.493.09$5,444
May 201701,22245.373.26$3,988
Apr 201701,13747.933.21$3,652
Mar 201701,41846.772.98$4,231
Feb 201702,28850.452.95$6,756
Jan 2017721,38949.413.42$8,306
Dec 201601,48548.763.72$5,528
Nov 201601,41442.492.64$3,739
Oct 201601,45446.193.09$4,493
Sep 201601,30441.553.10$4,043
Aug 201602,06741.442.92$6,045
Jul 2016452,11041.622.92$8,043
Jun 201601,65145.352.69$4,434
May 2016142,94542.521.99$6,459
Apr 201601,72436.561.99$3,433
Mar 201602,97533.011.79$5,337
Feb 201602,78226.472.06$5,741
Jan 201602,75627.352.36$6,516
Dec 2015462,96232.362.00$7,417
Nov 201503,04938.792.17$6,608
Oct 201503,97643.552.43$9,648
Sep 201501,93442.992.76$5,335
Aug 201502,95740.162.87$8,494
Jul 2015394,34648.152.95$14,677
Jun 20150356.152.88$9
May 2015461,88355.212.96$8,105
Apr 201502,64649.822.71$7,162
Mar 201503,32442.892.93$9,755
Feb 201502,74044.662.98$8,155
Jan 201503,39243.433.10$10,517
Dec 201403,00354.693.59$10,785
Nov 201403,41170.464.25$14,503
Oct 201413,55778.303.90$13,954
Sep 201423,16486.164.05$12,972
Aug 201402,77989.394.04$11,214
Jul 201413,80496.564.18$15,996
Jun 201403,07198.164.74$14,547
May 2014283,57094.734.73$19,526
Apr 201403,46795.944.81$16,673
Mar 2014203,80895.895.06$21,174
Feb 201403,66597.406.19$22,694
Jan 201404,04790.404.86$19,671
Dec 2013383,75891.824.35$19,853
Nov 201303,68088.853.74$13,757
Oct 201303,92497.423.78$14,830
Sep 2013113,434104.113.72$13,912
Aug 201303,753104.253.52$13,220
Jul 201303,909102.523.72$14,533
Jun 201304,34194.403.93$17,075
May 201304,09294.834.15$16,978
Apr 2013394,26593.964.28$21,930
Mar 201304,51793.623.91$17,674
Feb 201303,99891.233.42$13,673
Jan 201304,51591.603.42$15,441
Dec 201204,67786.773.42$15,996
Nov 20121074,83086.953.62$26,812
Oct 201202,19589.383.40$7,462
Sep 201204,41494.672.92$12,882
Aug 201205,01592.662.91$14,584
Jul 2012414,89385.133.02$18,271
Jun 201204,55679.822.52$11,477
May 2012524,68991.612.49$16,431
Apr 201205,063101.652.00$10,110
Mar 2012934,502105.052.22$19,773
Feb 201204,894101.102.57$12,579
Jan 201235,35098.092.73$14,922
Dec 2011515,50196.873.24$22,762
Nov 201115,49695.723.31$18,295
Oct 2011475,87284.983.65$25,418
Sep 201145,10183.623.99$20,666
Aug 2011135,28083.404.15$22,993
Jul 201105,34394.144.52$24,136
Jun 201155,46092.904.64$25,798
May 201114,92698.134.40$21,796
Apr 2011172,714105.964.33$13,562
Mar 201173,68696.364.06$15,630
Feb 2011163,42185.644.18$15,670
Jan 2011183,56886.504.59$17,930
Dec 201004,73785.734.35$20,595
Nov 2010105,09280.843.80$20,134
Oct 2010277,03178.103.51$26,780
Sep 2010287,46472.633.98$31,736
Aug 201003,95573.684.42$17,479
Jul 2010103,86772.554.74$19,042
Jun 2010215,22670.364.91$27,139
May 201005,63171.124.24$23,849
Apr 201045,87281.694.12$24,535
Mar 2010145,30778.394.39$24,388
Feb 201075,28373.585.44$29,267
Jan 201076,40574.365.96$38,721
Dec 200974,76571.445.48$26,630
Nov 2009115,57974.593.75$21,750
Oct 200995,43072.544.11$22,972
Sep 2009125,43665.543.06$17,446
Aug 200946,24567.423.22$20,369
Jul 200905,84461.133.46$20,247
Jun 200997,01066.163.90$27,899
May 200947,37454.743.93$29,167
Apr 200903,56546.773.59$12,789
Mar 200978,89142.144.06$36,384
Feb 2009322,64832.814.63$13,318
Jan 2009277,70735.865.37$42,363
Dec 2008297,53337.105.98$46,102
Nov 20081077,70855.496.86$58,817
Oct 2008628,75575.246.92$65,267
Sep 2008327,543101.767.88$62,673
Aug 200848,386114.228.48$71,595
Jul 200868,009131.0811.39$92,004
Jun 2008509,059131.3313.03$124,629
May 20081810,694123.1711.57$125,993
Apr 200809,692110.3110.45$101,329
Mar 2008410,395101.909.66$100,866
Feb 2008410,48992.538.77$92,365
Jan 2008139,63190.388.21$80,204
Dec 2007010,19388.337.30$74,429
Nov 2007010,41591.677.29$75,943
Oct 2007011,30682.856.92$78,260
Sep 2007011,20775.846.24$69,978
Aug 2007011,56769.066.39$73,889
Jul 2007011,83770.906.39$75,614
Jun 2007011,96862.007.55$90,340
May 2007013,94758.747.85$109,432
Apr 2007013,91159.617.81$108,578
Mar 2007015,26956.927.30$111,494
Feb 2007014,24555.108.22$117,037
Jan 2007015,70050.306.73$105,612
Dec 2006020,79956.656.92$143,897
Nov 200609,32754.207.62$71,048

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                3,608 Mcf  × $  3.05 =    $10,989

────────────────────────────────────────────────────
Month total                                  $10,989

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. 06/G/224156 is the state's own key, not one this site invented.