LATHAM ESTATE

Operated by TOWER RESOURCES INC (P-5 862857) in the CARTHAGE, SOUTH (PETTIT, UPPER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 272876District 06Field 16037666GasSaveExport
Value, all time
$84 k
Jan 2014 – May 2026
Value, last 12 filed months
$1 k
at the published price for each month
Months reported
149
no gaps in the span
Streams
1
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 7 leases and 7 wells, and the rule below applies to all of them.

Discovered
1957-05-25
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 acres.

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
GasProduction27,070 Mcf$84,444
Total$84,444

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 32.0541, -94.4332. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.05414, -94.43324 · 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
9,620 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 9,620 ft.

Completions filed
Apr 1998
1 of 1 wells

1 well

42-3653120919,620 ftApr 1998

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 (149)

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

149 months

May 20260106.413.05$0
Apr 2026098.932.87$0
Mar 2026289.753.15$6
Feb 2026263.503.75$8
Jan 20263959.138.00$312
Dec 20256656.664.41$291
Nov 20255258.593.93$204
Oct 20253759.383.30$122
Sep 20251062.743.08$31
Aug 20251063.933.01$30
Jul 2025066.743.32$0
Jun 2025266.483.13$6
May 2025460.553.23$13
Apr 20252262.363.54$78
Mar 20253767.704.27$158
Feb 20258370.884.34$360
Jan 202512374.324.28$526
Dec 20247668.993.12$237
Nov 20243069.052.20$66
Oct 20242971.372.28$66
Sep 20241069.612.36$24
Aug 20241075.632.06$21
Jul 20241079.932.15$21
Jun 20241078.082.63$26
May 20241078.812.20$22
Apr 202415984.451.66$264
Mar 20244380.301.55$66
Feb 20246076.091.78$107
Jan 20246773.023.30$221
Dec 20232071.262.61$52
Nov 20232077.892.81$56
Oct 20232085.443.09$62
Sep 20232489.042.74$66
Aug 20235680.522.67$150
Jul 20238874.852.64$232
Jun 20238368.962.26$187
May 20238370.622.23$185
Apr 20238078.122.24$179
Mar 20231672.852.39$38
Feb 20231675.112.47$39
Jan 20232376.533.39$78
Dec 20225476.415.73$309
Nov 20229385.005.65$525
Oct 20229987.185.86$581
Sep 20222084.888.16$163
Aug 20227694.529.13$694
Jul 202220101.587.54$151
Jun 202220115.097.98$160
May 202220109.378.43$169
Apr 202220104.226.84$137
Mar 202220108.885.08$102
Feb 20222091.054.86$97
Jan 20222081.844.54$91
Dec 20211871.323.90$70
Nov 20212077.435.24$105
Oct 20211079.795.71$57
Sep 20211069.865.35$54
Aug 20211066.024.22$42
Jul 20211070.783.98$40
Jun 20211069.493.38$34
May 20211063.483.02$30
Apr 2021260.362.76$6
Mar 20219861.302.72$266
Feb 202123357.805.55$1,293
Jan 202145950.412.81$1,290
Dec 202012944.642.68$345
Nov 202041638.772.71$1,126
Oct 202033036.972.48$818
Sep 202014237.091.99$283
Aug 20208139.982.39$193
Jul 202025438.371.83$464
Jun 202024934.901.69$421
May 202024016.921.81$436
Apr 202034214.751.80$617
Mar 202045830.341.86$850
Feb 202023949.881.98$473
Jan 202041957.252.09$878
Dec 201942559.012.30$979
Nov 201951455.302.75$1,414
Oct 201916753.472.42$404
Sep 20191755.052.66$45
Aug 201910553.112.30$242
Jul 201915456.272.46$379
Jun 20199952.782.49$247
May 201913758.482.74$375
Apr 201924062.632.75$660
Mar 201911556.803.06$352
Feb 20195450.852.79$151
Jan 201919046.033.23$613
Dec 201814446.594.19$603
Nov 201822452.934.24$949
Oct 201813561.443.40$459
Sep 2018059.543.11$0
Aug 2018059.403.07$0
Jul 20183465.142.93$100
Jun 20188760.183.08$268
May 201811765.382.90$339
Apr 201823963.842.90$693
Mar 201826161.222.79$727
Feb 201824461.782.77$675
Jan 201827862.874.01$1,115
Dec 201732157.272.92$938
Nov 201730955.423.12$964
Oct 201737849.292.98$1,128
Sep 201737047.523.09$1,142
Aug 201737145.373.00$1,115
Jul 201735243.873.09$1,087
Jun 201737342.493.09$1,152
May 201738545.373.26$1,256
Apr 201741847.933.21$1,342
Mar 201740046.772.98$1,193
Feb 201730450.452.95$898
Jan 201735949.413.42$1,227
Dec 201639548.763.72$1,471
Nov 201637042.492.64$978
Oct 201632346.193.09$998
Sep 201629541.553.10$915
Aug 201648641.442.92$1,421
Jul 201622741.622.92$664
Jun 201645045.352.69$1,209
May 201637942.521.99$755
Apr 201641036.561.99$816
Mar 201641833.011.79$750
Feb 201642926.472.06$885
Jan 201658127.352.36$1,374
Dec 201546832.362.00$937
Nov 201527538.792.17$596
Oct 201512843.552.43$311
Sep 201527042.992.76$745
Aug 201534440.162.87$988
Jul 201537548.152.95$1,104
Jun 201533256.152.88$957
May 201527955.212.96$825
Apr 201531149.822.71$842
Mar 201527242.892.93$798
Feb 201522544.662.98$670
Jan 201529843.433.10$924
Dec 201430054.693.59$1,077
Nov 201445970.464.25$1,952
Oct 201432978.303.90$1,283
Sep 201439586.164.05$1,598
Aug 201426889.394.04$1,081
Jul 201429196.564.18$1,216
Jun 201430098.164.74$1,421
May 201431194.734.73$1,470
Apr 201433395.944.81$1,601
Mar 201446195.895.06$2,331
Feb 201443497.406.19$2,687
Jan 201432690.404.86$1,585

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 2026 — as filed, then multipliedworked
Gas                    2 Mcf  × $  3.15 =         $6

────────────────────────────────────────────────────
Month total                                       $6

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/272876 is the state's own key, not one this site invented.