OWL DRAW 12 UNIT

Operated by COTERRA ENERGY OPERATING CO. (P-5 103285) in the FORD, WEST (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 260328District 08Field 31913800Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.1 M
Nov 2010 – May 2026
Value, last 12 filed months
$72 k
at the published price for each month
Months reported
187
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 1,466 leases and 1,484 wells, and the rule below applies to all of them.

Discovered
2010-11-05
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 80 acres. The field rule took effect on 2018-06-05.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: DOCKET SAYS PRO PLAT NOT REQUIRED NOT LEASE PLAT NOT REQ

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 Gas112017-04-13219097
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
CondensateDisposition49,937 bbl$4,017,062
GasProduction1,104,415 Mcf$4,075,759
Total$8,092,821

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 31.9834, -104.2290. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.98340, -104.22901 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
9,727 ft
1 wells filed one
Completion to plug
15.6 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 9,727 ft.

Completions filed
Nov 2010
1 of 1 wells
Plug dates filed
Jun 2026
1 of 1 wells

Last completion to plug: a median of 15.6 years across the 1 well that filed both dates, with the middle half between 15.6 years and 15.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-109323391H9,727 ftNov 2010Jun 2026Yes

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 (187)

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

187 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 2026129059.138.00$7,628
Dec 20250056.664.41$0
Nov 202502,03058.593.93$7,971
Oct 202502,29759.383.30$7,591
Sep 20251712,26862.743.08$17,707
Aug 202502,64063.933.01$7,959
Jul 202502,08266.743.32$6,902
Jun 20251551,80866.483.13$15,961
May 202502,26760.553.23$7,328
Apr 202502,33462.363.54$8,270
Mar 202502,42667.704.27$10,355
Feb 20251852,21170.884.34$22,710
Jan 202502,06474.324.28$8,831
Dec 202402,63968.993.12$8,237
Nov 20241882,61369.052.20$18,726
Oct 202402,60871.372.28$5,950
Sep 202402,69669.612.36$6,374
Aug 202402,61475.632.06$5,394
Jul 202402,60279.932.15$5,585
Jun 20241542,63578.082.63$18,965
May 202402,79778.812.20$6,149
Apr 20241862,81284.451.66$20,373
Mar 202403,11480.301.55$4,812
Feb 202402,99276.091.78$5,337
Jan 202423,34873.023.30$11,187
Dec 20231823,49471.262.61$22,091
Nov 202303,77277.892.81$10,590
Oct 202304,00785.443.09$12,371
Sep 20231783,86189.042.74$26,409
Aug 202303,89180.522.67$10,400
Jul 202304,33374.852.64$11,447
Jun 20231846,54168.962.26$27,461
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 202301,12472.852.39$2,690
Feb 202303,93775.112.47$9,707
Jan 202305,25576.533.39$17,802
Dec 20221644,48176.415.73$38,203
Nov 202203,54785.005.65$20,027
Oct 20221853,75187.185.86$38,123
Sep 202203,69584.888.16$30,165
Aug 202203,74994.529.13$34,218
Jul 20221854,905101.587.54$55,786
Jun 202202,841115.097.98$22,663
May 20221862,471109.378.43$41,181
Apr 202214,736104.226.84$32,487
Mar 20221902,069108.885.08$31,190
Feb 202213,46991.054.86$16,946
Jan 202214,49681.844.54$20,483
Dec 2021189071.323.90$13,479
Nov 202102,35877.435.24$12,348
Oct 202109,20279.795.71$52,579
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200149.881.98$2
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20191861,17455.302.75$13,515
Oct 201913,26653.472.42$7,952
Sep 201913,05855.052.66$8,181
Aug 20191872,94253.112.30$16,711
Jul 201902,79356.272.46$6,871
Jun 201913,11152.782.49$7,803
May 20191783,38058.482.74$19,672
Apr 201923,06062.632.75$8,542
Mar 20191903,43856.803.06$21,320
Feb 201902,93450.852.79$8,192
Jan 20191643,27246.033.23$18,112
Dec 20181843,23346.594.19$22,104
Nov 201872,72852.934.24$11,930
Oct 201803,24561.443.40$11,027
Sep 20181633,15359.543.11$19,505
Aug 20183653,74059.403.07$33,150
Jul 20181783,75665.142.93$22,607
Jun 201814,18760.183.08$12,943
May 20181893,66865.382.90$22,997
Apr 201813,73263.842.90$10,890
Mar 20181913,38261.222.79$21,118
Feb 201813,12061.782.77$8,692
Jan 20181943,88962.874.01$27,789
Dec 201703,97857.272.92$11,622
Nov 20171943,98755.423.12$23,184
Oct 20171864,24149.292.98$21,822
Sep 20171854,21947.523.09$21,816
Aug 201724,11245.373.00$12,445
Jul 20171834,13243.873.09$20,785
Jun 20171513,93042.493.09$18,549
May 20171894,02045.373.26$21,694
Apr 201713,75547.933.21$12,107
Mar 20171873,76146.772.98$19,968
Feb 20171843,68050.452.95$20,148
Jan 20173644,32949.413.42$32,785
Dec 20163605,40648.763.72$37,679
Nov 20161924,18242.492.64$19,217
Oct 20161844,45446.193.09$22,263
Sep 20161864,49241.553.10$21,656
Aug 20161864,49641.442.92$20,856
Jul 20161804,80041.622.92$21,528
Jun 20161844,49345.352.69$20,412
May 20161794,87542.521.99$17,317
Apr 20161664,37636.561.99$14,782
Mar 20161834,83433.011.79$14,713
Feb 20161884,78126.472.06$14,843
Jan 20161885,90627.352.36$19,106
Dec 20153774,60232.362.00$21,410
Nov 20151865,75838.792.17$19,694
Oct 20155636,17343.552.43$39,498
Sep 20153795,90042.992.76$32,568
Aug 20153746,31440.162.87$33,157
Jul 20155546,18348.152.95$44,885
Jun 20151866,88856.152.88$30,301
May 20155617,51455.212.96$53,180
Apr 20152007,82749.822.71$31,148
Mar 20155676,93542.892.93$44,671
Feb 2015281,28544.662.98$5,075
Jan 20154076,51843.433.10$37,886
Dec 20143778,01754.693.59$49,410
Nov 20142015,54770.464.25$37,747
Oct 20143545,76278.303.90$50,196
Sep 20143955,88286.164.05$57,828
Aug 20141775,81489.394.04$39,282
Jul 20143686,04296.564.18$60,787
Jun 20143406,73998.164.74$65,296
May 20141998,42694.734.73$58,677
Apr 20149128,40195.944.81$127,899
Mar 201437813,18195.895.06$102,900
Feb 201437810,82897.406.19$103,864
Jan 201436118,18490.404.86$121,022
Dec 20131,05513,51191.824.35$155,703
Nov 201337912,29388.853.74$79,629
Oct 201337412,08297.423.78$82,097
Sep 20132059,081104.113.72$55,103
Aug 20135426,574104.253.52$79,661
Jul 201337212,649102.523.72$85,163
Jun 201337213,96094.403.93$90,027
May 20134128,25494.834.15$73,316
Apr 20132126,29093.964.28$46,857
Mar 2013426593.623.91$1,411
Feb 20131285,36491.233.42$30,022
Jan 201326291.603.42$395
Dec 2012086686.773.42$2,962
Nov 20125819,06386.953.62$83,371
Oct 201221014,09489.383.40$66,685
Sep 201258215,75694.672.92$101,080
Aug 20121,00121,45992.662.91$155,159
Jul 20121,05222,04985.133.02$156,162
Jun 201273815,65079.822.52$98,330
May 20121,01112,94491.612.49$124,827
Apr 20125639,377101.652.00$75,953
Mar 20123874,754105.052.22$51,218
Feb 201293011,205101.102.57$122,823
Jan 20125828,92298.092.73$81,482
Dec 201195113,61896.873.24$136,242
Nov 201176213,90995.723.31$118,995
Oct 201175314,37384.983.65$116,430
Sep 20117529,70583.623.99$101,564
Aug 201194015,56083.404.15$142,959
Jul 20111,13315,10194.144.52$174,875
Jun 20111,29519,41392.904.64$210,379
May 20111,33417,07498.134.40$206,113
Apr 201177622,278105.964.33$178,762
Mar 20111,93330,41696.364.06$309,672
Feb 201156816,74385.644.18$118,629
Jan 20111,93137,61486.504.59$339,634
Dec 20102,87552,46885.734.35$474,592
Nov 20104,01671,51680.843.80$596,080

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.

Jan 2026 — as filed, then multipliedworked
Condensate           129 bbl  × $ 59.13 =     $7,628
Gas                    0 Mcf  × $  8.00 =         $0

────────────────────────────────────────────────────
Month total                                   $7,628

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. 08/G/260328 is the state's own key, not one this site invented.