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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 275873District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$18.6 M
Oct 2014 – May 2026
Value, last 12 filed months
$657 k
at the published price for each month
Months reported
140
no gaps in the span
Streams
2
condensate, gas

The CARTHAGE (COTTON VALLEY) field

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 Gas112015-09-15217054
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
CondensateDisposition27,958 bbl$1,426,250
GasProduction5,759,372 Mcf$17,179,782
Total$18,606,033

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 32.0640, -94.3399. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.06402, -94.33990 · 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
9,280 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 9,280 ft.

Completions filed
Nov 2014
1 of 1 wells

1 well

42-365381821H9,280 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 (140)

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

140 months

May 20269813,411106.413.05$51,276
Apr 2026012,63898.932.87$36,268
Mar 20269713,31989.753.15$50,653
Feb 20269611,93463.503.75$50,852
Jan 20269713,36059.138.00$112,588
Dec 2025013,48756.664.41$59,523
Nov 20259813,37458.593.93$58,254
Oct 20259713,64359.383.30$50,848
Sep 2025013,54662.743.08$41,680
Aug 20259213,86763.933.01$47,687
Jul 20259513,89466.743.32$52,402
Jun 20252113,78566.483.13$44,525
May 2025014,19960.553.23$45,896
Apr 20259613,09762.363.54$52,391
Mar 20259713,65167.704.27$64,834
Feb 20259112,39770.884.34$60,263
Jan 202510314,45374.324.28$69,495
Dec 2024014,80468.993.12$46,209
Nov 20249214,03069.052.20$37,197
Oct 20249214,96771.372.28$40,712
Sep 20249314,68169.612.36$41,185
Aug 2024015,09075.632.06$31,140
Jul 20249715,19179.932.15$40,362
Jun 20249714,94578.082.63$46,939
May 20249415,40778.812.20$41,280
Apr 2024014,83284.451.66$24,609
Mar 20248915,36180.301.55$30,881
Feb 20249114,48176.091.78$32,753
Jan 20248915,41673.023.30$57,336
Dec 202312415,52871.262.61$49,376
Nov 202310215,19677.892.81$50,608
Oct 202316215,41985.443.09$61,444
Sep 202310915,52489.042.74$52,164
Aug 2023016,14580.522.67$43,154
Jul 202317216,27374.852.64$55,864
Jun 202314416,10468.962.26$46,301
May 2023016,52470.622.23$36,806
Apr 202314616,13078.122.24$47,501
Mar 202324816,71272.852.39$58,061
Feb 20239915,38275.112.47$45,363
Jan 20238816,78976.533.39$63,611
Dec 2022016,57576.415.73$94,960
Nov 202210216,09085.005.65$99,517
Oct 20229317,21087.185.86$109,023
Sep 20225716,86784.888.16$142,535
Aug 202215317,33894.529.13$172,708
Jul 2022017,217101.587.54$129,852
Jun 202210016,819115.097.98$145,678
May 20229717,596109.378.43$158,997
Apr 20229517,132104.226.84$127,043
Mar 20229218,085108.885.08$101,824
Feb 20229716,74491.054.86$90,188
Jan 202211018,35581.844.54$92,292
Dec 202126218,70071.323.90$91,599
Nov 2021017,81177.435.24$93,274
Oct 2021018,56479.795.71$106,072
Sep 202112618,02569.865.35$105,253
Aug 202112318,57966.024.22$86,535
Jul 2021018,77170.783.98$74,748
Jun 2021018,39469.493.38$62,183
May 202110519,35063.483.02$65,057
Apr 202127418,88060.362.76$68,618
Mar 202145119,52561.302.72$80,695
Feb 202114817,91057.805.55$107,918
Jan 2021020,90850.412.81$58,757
Dec 2020021,28944.642.68$56,958
Nov 2020021,00638.772.71$56,854
Oct 20208021,59836.972.48$56,487
Sep 2020020,18137.091.99$40,181
Aug 20209320,58539.982.39$52,815
Jul 2020620,97938.371.83$38,519
Jun 20209619,33334.901.69$36,029
May 20201320,59216.921.81$37,589
Apr 202010220,23914.751.80$38,023
Mar 202010721,61530.341.86$43,369
Feb 20209720,91849.881.98$46,270
Jan 20208022,29757.252.09$51,286
Dec 20199222,85959.012.30$58,104
Nov 2019019,52255.302.75$53,699
Oct 201927422,02753.472.42$67,924
Sep 2019022,50455.052.66$59,799
Aug 201917922,23853.112.30$60,751
Jul 20191922,10756.272.46$55,454
Jun 20198422,34952.782.49$60,109
May 20198223,61858.482.74$69,516
Apr 20198423,17762.632.75$69,014
Mar 201919823,60356.803.06$83,521
Feb 201929221,44350.852.79$74,722
Jan 201911624,46446.033.23$84,314
Dec 2018025,86846.594.19$108,269
Nov 2018025,49752.934.24$108,037
Oct 20181826,99661.443.40$92,840
Sep 20189625,28959.543.11$84,314
Aug 2018326,26959.403.07$80,734
Jul 201810726,55665.142.93$84,829
Jun 201822926,64560.183.08$95,766
May 2018027,40265.382.90$79,488
Apr 201810435,42863.842.90$109,409
Mar 201827028,88461.222.79$97,024
Feb 2018027,67061.782.77$76,539
Jan 2018029,13362.874.01$116,804
Dec 201715139,23257.272.92$123,265
Nov 201714138,40555.423.12$127,575
Oct 20173940,83049.292.98$123,746
Sep 20177953,35747.523.09$168,482
Aug 2017055,98645.373.00$168,204
Jul 201717657,17843.873.09$184,246
Jun 201720056,66542.493.09$183,439
May 20179261,38045.373.26$204,482
Apr 201713161,87347.933.21$204,990
Mar 20179764,43846.772.98$196,799
Feb 201712063,14850.452.95$192,505
Jan 201721972,99649.413.42$260,380
Dec 201632773,15348.763.72$288,281
Nov 201628571,39642.492.64$200,906
Oct 201636777,23446.193.09$255,625
Sep 201633978,35441.553.10$257,032
Aug 201631183,97941.442.92$258,471
Jul 201630987,89941.622.92$269,907
Jun 201644189,87245.352.69$261,380
May 201640896,99442.521.99$210,467
Apr 201678198,19136.561.99$224,056
Mar 2016665104,72733.011.79$209,833
Feb 2016650102,08326.472.06$227,867
Jan 2016748115,21027.352.36$292,856
Dec 2015840122,34132.362.00$272,037
Nov 2015547124,75438.792.17$291,601
Oct 2015690139,98643.552.43$369,737
Sep 2015846141,04442.992.76$425,428
Aug 2015609156,90740.162.87$475,171
Jul 2015786162,83148.152.95$517,396
Jun 2015980166,00156.152.88$533,585
May 20151,032187,74655.212.96$611,851
Apr 20151,388196,16449.822.71$600,082
Mar 20151,313219,77642.892.93$701,293
Feb 20151,468209,16744.662.98$688,082
Jan 20151,396251,10643.433.10$839,215
Dec 201417554,35854.693.59$204,790
Nov 20140070.464.25$0
Oct 20140078.303.90$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            98 bbl  × $106.41 =    $10,428
Gas               13,411 Mcf  × $  3.05 =    $40,848

────────────────────────────────────────────────────
Month total                                  $51,276

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/275873 is the state's own key, not one this site invented.