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 230278District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.1 M
Jul 2007 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
227
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 Gas112008-01-29180382
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
CondensateDisposition6,158 bbl$521,006
GasProduction458,615 Mcf$2,539,975
Total$3,060,981

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 32.2159, -94.1459. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.21589, -94.14595 · 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
10,050 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 10,050 ft.

Completions filed
Aug 2007
1 of 1 wells

1 well

42-36536514310,050 ftAug 2007

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 (227)

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

227 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 202302180.522.67$56
Jul 2023041174.852.64$1,086
Jun 202307768.962.26$174
May 2023023070.622.23$512
Apr 2023013678.122.24$304
Mar 202307572.852.39$179
Feb 202304575.112.47$111
Jan 202305776.533.39$193
Dec 202205276.415.73$298
Nov 202204685.005.65$260
Oct 202206187.185.86$358
Sep 2022032084.888.16$2,612
Aug 2022038094.529.13$3,468
Jul 20220422101.587.54$3,183
Jun 20220697115.097.98$5,560
May 20220481109.378.43$4,056
Apr 20220106104.226.84$725
Mar 2022089108.885.08$452
Feb 202209491.054.86$457
Jan 2022043981.844.54$1,992
Dec 2021014671.323.90$569
Nov 202101,42677.435.24$7,468
Oct 2021099879.795.71$5,702
Sep 2021075169.865.35$4,019
Aug 2021083066.024.22$3,503
Jul 2021080770.783.98$3,214
Jun 2021022969.493.38$774
May 2021023763.483.02$715
Apr 2021017160.362.76$472
Mar 202101,18161.302.72$3,209
Feb 2021051057.805.55$2,829
Jan 2021010250.412.81$287
Dec 2020011344.642.68$302
Nov 2020032638.772.71$882
Oct 2020075736.972.48$1,876
Sep 2020035437.091.99$705
Aug 2020026039.982.39$620
Jul 202008238.371.83$150
Jun 202008134.901.69$137
May 2020082316.921.81$1,494
Apr 2020017414.751.80$314
Mar 2020038730.341.86$718
Feb 2020038349.881.98$759
Jan 2020027257.252.09$570
Dec 2019029159.012.30$671
Nov 2019035055.302.75$963
Oct 2019043053.472.42$1,040
Sep 2019042255.052.66$1,121
Aug 2019055453.112.30$1,277
Jul 201902056.272.46$49
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 2018073461.782.77$2,030
Jan 2018058662.874.01$2,349
Dec 201701,25457.272.92$3,664
Nov 2017092955.423.12$2,897
Oct 201701,06349.292.98$3,172
Sep 201701,33447.523.09$4,118
Aug 201701,25845.373.00$3,780
Jul 201701,44343.873.09$4,455
Jun 2017412,74242.493.09$10,207
May 2017077245.373.26$2,519
Apr 2017012147.933.21$389
Mar 201701,60446.772.98$4,786
Feb 2017011550.452.95$340
Jan 20177220449.413.42$4,255
Dec 2016030448.763.72$1,132
Nov 2016054642.492.64$1,444
Oct 2016068146.193.09$2,104
Sep 201601,25541.553.10$3,891
Aug 201601,94041.442.92$5,673
Jul 2016441,71841.622.92$6,855
Jun 201601,15445.352.69$3,099
May 2016141,23842.521.99$3,060
Apr 2016036136.561.99$719
Mar 2016038633.011.79$692
Feb 201601,39726.472.06$2,883
Jan 2016060127.352.36$1,421
Dec 2015461,50132.362.00$4,493
Nov 201501,24238.792.17$2,692
Oct 201501,58343.552.43$3,841
Sep 201501,63042.992.76$4,496
Aug 201502,11540.162.87$6,075
Jul 2015282,02648.152.95$7,315
Jun 20150356.152.88$9
May 20154794455.212.96$5,385
Apr 201501,62549.822.71$4,398
Mar 201501,46242.892.93$4,291
Feb 201501,70444.662.98$5,071
Jan 201501,98543.433.10$6,155
Dec 201401,34054.693.59$4,812
Nov 201402,84170.464.25$12,079
Oct 201412,38578.303.90$9,382
Sep 201422,24786.164.05$9,262
Aug 201402,25289.394.04$9,087
Jul 201411,66896.564.18$7,068
Jun 201402,16298.164.74$10,241
May 2014432,40094.734.73$15,417
Apr 201402,14995.944.81$10,335
Mar 2014242,61795.895.06$15,535
Feb 201402,53697.406.19$15,703
Jan 201402,43690.404.86$11,841
Dec 2013643,20791.824.35$19,841
Nov 201301,93188.853.74$7,219
Oct 201301,83897.423.78$6,946
Sep 2013812,128104.113.72$16,344
Aug 201301,100104.253.52$3,875
Jul 201302,756102.523.72$10,246
Jun 201302,39794.403.93$9,428
May 201302,72994.834.15$11,323
Apr 2013242,46893.964.28$12,824
Mar 201302,94393.623.91$11,516
Feb 201302,53391.233.42$8,663
Jan 201302,35091.603.42$8,037
Dec 201203,06486.773.42$10,479
Nov 2012712,55486.953.62$15,432
Oct 2012079489.383.40$2,699
Sep 201202,66494.672.92$7,775
Aug 201203,78892.662.91$11,016
Jul 2012572,06785.133.02$11,096
Jun 201202,49679.822.52$6,288
May 2012513,60391.612.49$13,638
Apr 201203,788101.652.00$7,564
Mar 20121053,150105.052.22$18,030
Feb 201203,723101.102.57$9,569
Jan 201223,84598.092.73$10,709
Dec 2011703,88496.873.24$19,364
Nov 201113,85195.723.31$12,847
Oct 20112084,53184.983.65$34,207
Sep 201103,82183.623.99$15,230
Aug 2011324,10283.404.15$19,689
Jul 201102,14494.144.52$9,685
Jun 2011872,60492.904.64$20,165
May 2011634,00098.134.40$23,801
Apr 20111081,735105.964.33$18,962
Mar 2011413,15996.364.06$16,768
Feb 2011923,22485.644.18$21,355
Jan 20111013,26986.504.59$23,737
Dec 201002,26785.734.35$9,856
Nov 2010842,32080.843.80$15,596
Oct 2010913,08578.103.51$17,932
Sep 2010782,84372.633.98$16,979
Aug 201002,75973.684.42$12,193
Jul 2010833,40772.554.74$22,159
Jun 20101133,23870.364.91$23,851
May 201004,47571.124.24$18,953
Apr 20101274,10181.694.12$27,282
Mar 20102663,25078.394.39$35,115
Feb 2010913,10573.585.44$23,594
Jan 2010833,74674.365.96$28,513
Dec 2009743,71671.445.48$25,664
Nov 20091663,34374.593.75$24,923
Oct 2009753,70872.544.11$20,681
Sep 2009734,00365.543.06$17,053
Aug 2009824,53567.423.22$20,124
Jul 200903,97461.133.46$13,768
Jun 20092074,81166.163.90$32,434
May 20091415,55354.743.93$29,518
Apr 200902,18546.773.59$7,839
Mar 2009815,69242.144.06$26,517
Feb 20091312,30732.814.63$14,986
Jan 2009385,74635.865.37$32,224
Dec 20082204,88537.105.98$37,360
Nov 2008665,43855.496.86$40,969
Oct 20081446,20975.246.92$53,813
Sep 2008777,542101.767.88$67,245
Aug 2008897,274114.228.48$71,871
Jul 2008558,138131.0811.39$99,897
Jun 20084468,358131.3313.03$167,500
May 200836310,532123.1711.57$166,611
Apr 2008010,092110.3110.45$105,510
Mar 200825912,730101.909.66$149,416
Feb 200820011,54692.538.77$119,771
Jan 200844910,79390.388.21$129,145
Dec 2007010,13788.337.30$74,020
Nov 2007013,03391.677.29$95,033
Oct 2007017,05282.856.92$118,034
Sep 2007019,51175.846.24$121,830
Aug 20073014,57669.066.39$95,182
Jul 2007556170.906.39$4,289

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.

Aug 2023 — as filed, then multipliedworked
Condensate             0 bbl  × $ 80.52 =         $0
Gas                   21 Mcf  × $  2.67 =        $56

────────────────────────────────────────────────────
Month total                                      $56

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/230278 is the state's own key, not one this site invented.