OWENS-SHAW

Operated by TGNR EAST TEXAS II LLC (P-5 102211) 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 275826District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$17.9 M
Sep 2014 – May 2026
Value, last 12 filed months
$727 k
at the published price for each month
Months reported
141
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 Gas112015-09-15217053
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
CondensateDisposition26,065 bbl$1,302,399
GasProduction5,510,216 Mcf$16,621,954
Total$17,924,353

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 32.0611, -94.3255. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.06105, -94.32546 · 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
9,214 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 9,214 ft.

Completions filed
Nov 2014
1 of 1 wells

1 well

42-365381832H9,214 ftNov 2014

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 (141)

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

141 months

May 20268614,944106.413.05$54,668
Apr 2026014,08398.932.87$40,414
Mar 20268414,96089.753.15$54,655
Feb 20268413,13163.503.75$54,579
Jan 20268414,89559.138.00$124,096
Dec 2025013,05156.664.41$57,599
Nov 20258615,51958.593.93$65,973
Oct 20258516,22759.383.30$58,675
Sep 2025015,61562.743.08$48,046
Aug 20258016,49463.933.01$54,840
Jul 20258316,82166.743.32$61,304
Jun 20251816,23666.483.13$51,995
May 2025016,88960.553.23$54,591
Apr 20258416,59862.363.54$64,047
Mar 20258516,96467.704.27$78,162
Feb 20258014,93970.884.34$70,518
Jan 20259015,87774.324.28$74,621
Dec 2024016,68768.993.12$52,086
Nov 20248016,54569.052.20$41,897
Oct 20248017,13171.372.28$44,792
Sep 20248217,27469.612.36$46,550
Aug 2024017,22775.632.06$35,550
Jul 20248517,44079.932.15$44,231
Jun 20248517,97678.082.63$53,985
May 20248317,22178.812.20$44,401
Apr 2024017,49684.451.66$29,029
Mar 20247918,55680.301.55$35,015
Feb 20249018,21676.091.78$39,339
Jan 2024924,40773.023.30$21,251
Dec 202311118,17471.262.61$55,357
Nov 20235418,24377.892.81$55,424
Oct 20239718,98285.443.09$66,890
Sep 20235618,77989.042.74$56,348
Aug 2023019,70080.522.67$52,656
Jul 20239919,80674.852.64$59,734
Jun 20233619,22968.962.26$45,911
May 2023019,72570.622.23$43,935
Apr 20233418,10778.122.24$43,175
Mar 202310919,17172.852.39$53,820
Feb 20239217,83875.112.47$50,893
Jan 20239319,67876.533.39$73,781
Dec 2022019,70776.415.73$112,903
Nov 20228519,30985.005.65$116,247
Oct 20228119,86187.185.86$123,522
Sep 20225020,15784.888.16$168,799
Aug 202213220,65494.529.13$200,989
Jul 2022020,700101.587.54$156,121
Jun 20227819,144115.097.98$161,693
May 20228220,438109.378.43$181,323
Apr 20228119,292104.226.84$140,353
Mar 20227920,083108.885.08$110,551
Feb 20228117,28691.054.86$91,365
Jan 20227420,62581.844.54$99,646
Dec 202117519,22071.323.90$87,422
Nov 2021019,27177.435.24$100,919
Oct 2021020,31579.795.71$116,077
Sep 20215419,92569.865.35$110,390
Aug 20215420,46366.024.22$89,931
Jul 2021021,00570.783.98$83,644
Jun 2021020,64769.493.38$69,800
May 20217421,51663.483.02$69,626
Apr 202127520,98960.362.76$74,495
Mar 20217921,08361.302.72$62,124
Feb 202117910,57457.805.55$69,010
Jan 2021020,31850.412.81$57,099
Dec 2020023,09044.642.68$61,776
Nov 2020023,16738.772.71$62,703
Oct 202010124,37736.972.48$64,151
Sep 2020022,70037.091.99$45,197
Aug 202011523,93339.982.39$61,680
Jul 20201723,42338.371.83$43,402
Jun 20208422,78634.901.69$41,447
May 20203223,00916.921.81$42,297
Apr 20208121,14314.751.80$39,345
Mar 20209021,73730.341.86$43,079
Feb 20208320,00249.881.98$43,757
Jan 20208021,88957.252.09$50,432
Dec 201910522,17459.012.30$57,293
Nov 2019026,15655.302.75$71,947
Oct 201927423,94753.472.42$72,568
Sep 2019023,41755.052.66$62,226
Aug 201918624,00153.112.30$65,185
Jul 20196124,28756.272.46$63,180
Jun 20198422,73852.782.49$61,078
May 20198223,82558.482.74$70,083
Apr 20198523,72262.632.75$70,576
Mar 201923025,38456.803.06$90,792
Feb 201933523,51650.852.79$82,697
Jan 20199627,70846.033.23$93,865
Dec 2018027,63246.594.19$115,652
Nov 2018028,16952.934.24$119,359
Oct 20188329,52861.443.40$105,438
Sep 20186428,76559.543.11$93,212
Aug 20181529,05259.403.07$89,981
Jul 20187130,12565.142.93$92,948
Jun 201821230,05060.183.08$105,220
May 2018029,20965.382.90$84,729
Apr 20187024,26863.842.90$74,865
Mar 201826931,20761.222.79$103,437
Feb 2018027,25961.782.77$75,402
Jan 2018030,46862.874.01$122,156
Dec 201721431,66457.272.92$104,763
Nov 201720529,76855.423.12$104,188
Oct 20173839,52649.292.98$119,806
Sep 201710240,31947.523.09$129,323
Aug 2017031,82045.373.00$95,600
Jul 201716151,33043.873.09$165,533
Jun 201718553,76542.493.09$173,848
May 20178751,77945.373.26$172,923
Apr 201714755,45547.933.21$185,145
Mar 20178057,28046.772.98$174,647
Feb 201711153,41550.452.95$163,313
Jan 201719261,84849.413.42$220,933
Dec 201629664,91948.763.72$256,115
Nov 201623765,59342.492.64$183,521
Oct 201633870,40746.193.09$233,188
Sep 201638371,20241.553.10$236,685
Aug 201636776,34841.442.92$238,476
Jul 201639379,95641.622.92$250,175
Jun 201643581,37645.352.69$238,289
May 201631786,20642.521.99$185,118
Apr 201663686,99936.561.99$196,471
Mar 201659592,05733.011.79$184,792
Feb 201658592,20426.472.06$205,760
Jan 2016670103,70027.352.36$263,509
Dec 2015761109,17432.362.00$243,128
Nov 2015502110,73438.792.17$259,470
Oct 2015649122,60943.552.43$325,785
Sep 2015844122,76542.992.76$374,921
Aug 2015611135,57040.162.87$413,961
Jul 2015761142,68748.152.95$456,867
Jun 2015938146,21656.152.88$474,189
May 20151,057165,12655.212.96$546,379
Apr 20151,418173,32849.822.71$539,769
Mar 20151,334194,34842.892.93$627,570
Feb 20151,513189,80044.662.98$632,451
Jan 20151,439244,30443.433.10$819,992
Dec 201418057,32354.693.59$215,712
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0

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            86 bbl  × $106.41 =     $9,151
Gas               14,944 Mcf  × $  3.05 =    $45,517

────────────────────────────────────────────────────
Month total                                  $54,668

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/275826 is the state's own key, not one this site invented.