OSBORNE GAS UNIT

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 239334District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.3 M
Apr 2008 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
218
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 Gas112008-10-28186648
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
CondensateDisposition4,151 bbl$304,323
GasProduction619,415 Mcf$2,989,429
Total$3,293,752

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 32.2119, -94.1463. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.21187, -94.14630 · 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
10,054 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 10,054 ft.

Completions filed
Apr 2008
1 of 1 wells

1 well

42-36536996410,054 ftApr 2008

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 (218)

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

218 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 20250467.704.27$17
Feb 20250270.884.34$9
Jan 2025064374.324.28$2,751
Dec 202403,29268.993.12$10,276
Nov 202403,37469.052.20$7,418
Oct 202403,01971.372.28$6,888
Sep 202403,31469.612.36$7,835
Aug 202403,69075.632.06$7,615
Jul 202403,62979.932.15$7,790
Jun 202403,60078.082.63$9,482
May 202403,73078.812.20$8,200
Apr 202402,79684.451.66$4,639
Mar 202403,77380.301.55$5,830
Feb 202403,19476.091.78$5,697
Jan 202402,93373.023.30$9,672
Dec 202303,25671.262.61$8,501
Nov 202303,12277.892.81$8,765
Oct 202303,59485.443.09$11,096
Sep 202303,28389.042.74$8,979
Aug 202303,39180.522.67$9,064
Jul 202303,27974.852.64$8,662
Jun 202302,22668.962.26$5,027
May 202302,55970.622.23$5,700
Apr 202303,24678.122.24$7,264
Mar 202303,44272.852.39$8,237
Feb 202302,52175.112.47$6,216
Jan 202302,83676.533.39$9,608
Dec 202202,83676.415.73$16,248
Nov 202202,78385.005.65$15,713
Oct 202202,98487.185.86$17,497
Sep 202202,76984.888.16$22,605
Aug 202202,83894.529.13$25,903
Jul 202202,070101.587.54$15,612
Jun 202201,645115.097.98$13,122
May 202201,867109.378.43$15,744
Apr 20220292104.226.84$1,997
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220281.844.54$9
Dec 20210471.323.90$16
Nov 202102277.435.24$115
Oct 202107679.795.71$434
Sep 202105469.865.35$289
Aug 202104066.024.22$169
Jul 2021012670.783.98$502
Jun 202103469.493.38$115
May 202103963.483.02$118
Apr 202102360.362.76$63
Mar 202102961.302.72$79
Feb 202101357.805.55$72
Jan 202103750.412.81$104
Dec 2020014344.642.68$383
Nov 2020017438.772.71$471
Oct 2020020636.972.48$511
Sep 2020017337.091.99$344
Aug 202008439.982.39$200
Jul 2020018838.371.83$343
Jun 2020013234.901.69$223
May 2020020116.921.81$365
Apr 2020086814.751.80$1,566
Mar 202007530.341.86$139
Feb 2020015249.881.98$301
Jan 20200657.252.09$13
Dec 201909159.012.30$210
Nov 2019068155.302.75$1,873
Oct 2019083853.472.42$2,027
Sep 2019036655.052.66$973
Aug 2019088153.112.30$2,030
Jul 201901,12456.272.46$2,765
Jun 201901,03052.782.49$2,566
May 2019016858.482.74$460
Apr 2019042362.632.75$1,164
Mar 2019059456.803.06$1,819
Feb 2019027550.852.79$768
Jan 201901,42546.033.23$4,600
Dec 201801,32446.594.19$5,542
Nov 201801,54852.934.24$6,559
Oct 2018090361.443.40$3,068
Sep 201801,04959.543.11$3,260
Aug 201801,43859.403.07$4,410
Jul 201801,81965.142.93$5,333
Jun 201801,86860.183.08$5,748
May 201802,20865.382.90$6,405
Apr 201801063.842.90$29
Mar 2018088561.222.79$2,466
Feb 2018050561.782.77$1,397
Jan 201801,60862.874.01$6,447
Dec 201701,84057.272.92$5,376
Nov 201701,35555.423.12$4,225
Oct 201701,66749.292.98$4,974
Sep 201701,43947.523.09$4,443
Aug 201701,88445.373.00$5,660
Jul 201701,48643.873.09$4,588
Jun 2017411,71542.493.09$7,037
May 201701,83045.373.26$5,972
Apr 201701,67647.933.21$5,383
Mar 201702,02346.772.98$6,036
Feb 201701,73750.452.95$5,129
Jan 2017721,65049.413.42$9,199
Dec 201602,00448.763.72$7,461
Nov 201601,85742.492.64$4,911
Oct 201601,59646.193.09$4,932
Sep 201601,60841.553.10$4,986
Aug 201601,96041.442.92$5,732
Jul 2016442,10841.622.92$7,996
Jun 201601,68945.352.69$4,536
May 2016141,66142.521.99$3,902
Apr 201601,70736.561.99$3,399
Mar 201601,65633.011.79$2,971
Feb 201601,34526.472.06$2,776
Jan 201601,67627.352.36$3,963
Dec 2015461,68832.362.00$4,867
Nov 201501,38738.792.17$3,006
Oct 201501,28443.552.43$3,116
Sep 201501,45242.992.76$4,005
Aug 201501,55840.162.87$4,475
Jul 201571,87148.152.95$5,847
Jun 20150256.152.88$6
May 20151784555.212.96$3,436
Apr 201501,51949.822.71$4,111
Mar 201501,49542.892.93$4,387
Feb 201501,22444.662.98$3,643
Jan 201501,12543.433.10$3,488
Dec 201401,17854.693.59$4,231
Nov 201401,20970.464.25$5,140
Oct 201411,28278.303.90$5,079
Sep 201421,12086.164.05$4,703
Aug 2014084089.394.04$3,390
Jul 201411,09296.564.18$4,661
Jun 201401,10398.164.74$5,225
May 201401,19594.734.73$5,648
Apr 201401,17295.944.81$5,636
Mar 2014201,06895.895.06$7,318
Feb 2014067997.406.19$4,204
Jan 2014074090.404.86$3,597
Dec 2013545491.824.35$2,436
Nov 2013041088.853.74$1,533
Oct 2013048497.423.78$1,829
Sep 20130245104.113.72$911
Aug 20130201104.253.52$708
Jul 20130373102.523.72$1,387
Jun 2013060594.403.93$2,380
May 2013042794.834.15$1,772
Apr 2013524993.964.28$1,536
Mar 201306793.623.91$262
Feb 2013019191.233.42$653
Jan 2013018391.603.42$626
Dec 201208686.773.42$294
Nov 20128186.953.62$699
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 2012631,36585.133.02$9,487
Jun 201205,94579.822.52$14,976
May 2012416,00791.612.49$18,703
Apr 201206,281101.652.00$12,542
Mar 2012825,490105.052.22$20,813
Feb 201205,985101.102.57$15,383
Jan 201226,41298.092.73$17,727
Dec 2011506,54296.873.24$26,038
Nov 201156,39395.723.31$21,648
Oct 20111067,30784.983.65$35,668
Sep 201136,12983.623.99$24,680
Aug 20111236,79483.404.15$38,449
Jul 201147,14794.144.52$32,661
Jun 2011695,58292.904.64$32,310
May 2011205,62698.134.40$26,744
Apr 2011343,979105.964.33$20,845
Mar 2011135,09996.364.06$21,941
Feb 2011312,95985.644.18$15,023
Jan 2011305,06586.504.59$25,837
Dec 201005,31385.734.35$23,100
Nov 2010345,56980.843.80$23,885
Oct 2010595,81978.103.51$25,026
Sep 2010706,46272.633.98$30,799
Aug 201048,02373.684.42$35,751
Jul 2010638,54372.554.74$45,034
Jun 2010487,92570.364.91$42,292
May 201008,09471.124.24$34,280
Apr 2010647,85381.694.12$37,604
Mar 20102217,56078.394.39$50,503
Feb 2010977,11273.585.44$45,843
Jan 20101099,05674.365.96$62,116
Dec 20091007,76871.445.48$49,742
Nov 20092157,90074.593.75$45,674
Oct 20091288,34472.544.11$43,581
Sep 2009938,20865.543.06$31,251
Aug 2009899,31267.423.22$35,971
Jul 200909,37561.133.46$32,480
Jun 20092328,76766.163.90$49,497
May 200921311,20054.743.93$55,628
Apr 200905,85146.773.59$20,990
Mar 20098713,52042.144.06$58,544
Feb 20091824,12032.814.63$25,059
Jan 200912612,04635.865.37$69,217
Dec 200810812,08537.105.98$76,241
Nov 200822012,70255.496.86$99,348
Oct 200815714,68575.246.92$113,462
Sep 20086812,962101.767.88$109,023
Aug 20089313,527114.228.48$125,372
Jul 200812714,778131.0811.39$184,960
Jun 20087115,037131.3313.03$205,296
May 2008019,972123.1711.57$231,162
Apr 20081146,753110.3110.45$83,177

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.

Mar 2025 — as filed, then multipliedworked
Condensate             0 bbl  × $ 67.70 =         $0
Gas                    4 Mcf  × $  4.27 =        $17

────────────────────────────────────────────────────
Month total                                      $17

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/239334 is the state's own key, not one this site invented.