OWL DRAW 12 UNIT

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

Gas lease lease 274169District 08Field 24366100CondensateGasSaveExport
Value, all time
$18.8 M
Apr 2013 – May 2026
Value, last 12 filed months
$284 k
at the published price for each month
Months reported
158
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 71 leases and 77 wells, and the rule below applies to all of them.

Discovered
2013-03-26
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 2025-02-19.

The Commission's schedule remark for this field reads: TEMPORARY RULES ADOPTED IN FINAL ORDER 08-0282091 EFFECTIVE AUG

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
CondensateDisposition160,881 bbl$12,313,920
GasProduction1,861,520 Mcf$6,471,412
Total$18,785,333

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 31.9714, -104.2186. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.97144, -104.21864 · 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
7,288 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 7,288 ft.

Completions filed
May 2013
1 of 1 wells

1 well

42-109325103H7,288 ftMay 2013

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 (158)

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

158 months

May 20261946,430106.413.05$40,228
Apr 2026915,30898.932.87$24,235
Mar 20261424,40089.753.15$26,602
Feb 2026572,34063.503.75$12,395
Jan 2026251,96959.138.00$17,226
Dec 20251056.664.41$57
Nov 2025931,12658.593.93$9,870
Oct 202512514,84959.383.30$56,496
Sep 20251524,92062.743.08$24,675
Aug 20251355,89763.933.01$26,409
Jul 2025543,58566.743.32$15,489
Jun 20251695,96766.483.13$29,904
May 20252367,17360.553.23$37,475
Apr 20252266,94862.363.54$38,711
Mar 20252167,55667.704.27$46,875
Feb 20252286,84370.884.34$45,865
Jan 20252726,84574.324.28$49,503
Dec 20243707,87868.993.12$50,116
Nov 20243587,85969.052.20$41,997
Oct 20243587,53771.372.28$42,745
Sep 20242957,72269.612.36$38,793
Aug 20242187,50575.632.06$31,975
Jul 20243077,71379.932.15$41,095
Jun 20241997,50278.082.63$35,298
May 20243357,74978.812.20$43,437
Apr 20243047,68384.451.66$38,420
Mar 20242007,08780.301.55$27,010
Feb 20243337,27776.091.78$38,318
Jan 20242698,02773.023.30$46,113
Dec 20233818,12171.262.61$48,352
Nov 20233728,42577.892.81$52,629
Oct 20234658,26585.443.09$65,246
Sep 20233727,87189.042.74$54,650
Aug 20233377,93580.522.67$48,345
Jul 20232737,61474.852.64$40,549
Jun 20233537,78868.962.26$41,932
May 20233728,41570.622.23$45,014
Apr 20234278,40178.122.24$52,157
Mar 20234638,60572.852.39$54,323
Feb 20233857,80475.112.47$48,160
Jan 20233618,83776.533.39$57,565
Dec 20222147,42976.415.73$58,913
Nov 20223738,18385.005.65$77,908
Oct 20223818,40387.185.86$82,489
Sep 20223818,26384.888.16$99,796
Aug 20224349,02894.529.13$123,422
Jul 20224729,338101.587.54$118,374
Jun 20224388,225115.097.98$116,022
May 20223998,924109.378.43$118,895
Apr 20222365,888104.226.84$64,856
Mar 20222397,577108.885.08$64,486
Feb 20222136,50491.054.86$50,996
Jan 20223157,70581.844.54$60,742
Dec 20213297,54271.323.90$52,871
Nov 20212607,18877.435.24$57,774
Oct 20212787,14679.795.71$63,013
Sep 20213616,70869.865.35$61,113
Aug 20215178,99866.024.22$72,109
Jul 20215368,93170.783.98$73,502
Jun 20213088,48569.493.38$50,087
May 20214429,67263.483.02$57,245
Apr 20214779,77060.362.76$55,741
Mar 202150011,60161.302.72$62,169
Feb 20213294,06257.805.55$41,552
Jan 20215629,85950.412.81$56,037
Dec 20205669,94744.642.68$51,879
Nov 202048710,21438.772.71$46,526
Oct 202055311,83636.972.48$49,779
Sep 20206329,41537.091.99$42,187
Aug 202064110,32839.982.39$50,260
Jul 202053310,21538.371.83$39,095
Jun 202047516,85134.901.69$45,061
May 20200016.921.81$0
Apr 2020393414.751.80$637
Mar 202036610,16030.341.86$29,964
Feb 20204009,35849.881.98$38,487
Jan 20203809,16257.252.09$40,947
Dec 201947110,97459.012.30$53,082
Nov 201943410,75755.302.75$53,589
Oct 20194389,39953.472.42$46,152
Sep 20193589,69155.052.66$45,460
Aug 201934810,76053.112.30$43,277
Jul 201941210,92256.272.46$50,052
Jun 201943611,33252.782.49$51,242
May 201952911,87358.482.74$63,472
Apr 201946311,92762.632.75$61,805
Mar 201975412,63356.803.06$81,511
Feb 201953411,62950.852.79$59,625
Jan 201997013,38346.033.23$87,852
Dec 20181,01512,08246.594.19$97,857
Nov 20187309,76252.934.24$80,003
Oct 201877111,03061.443.40$84,851
Sep 201876310,76459.543.11$78,884
Aug 201875510,91359.403.07$78,312
Jul 201864511,34265.142.93$75,269
Jun 201842710,13760.183.08$56,888
May 201880111,04965.382.90$84,420
Apr 201868810,99863.842.90$75,825
Mar 201863010,54561.222.79$67,956
Feb 20185828,37261.782.77$59,114
Jan 201833010,87262.874.01$64,336
Dec 201762311,20257.272.92$68,406
Nov 201765111,23655.423.12$71,116
Oct 201757911,38049.292.98$62,493
Sep 201764011,21547.523.09$65,037
Aug 201771311,61245.373.00$67,236
Jul 201759711,77943.873.09$62,555
Jun 201783011,66642.493.09$71,283
May 201789611,09445.373.26$76,856
Apr 201760311,38547.933.21$65,466
Mar 20171,08311,61846.772.98$85,316
Feb 201770510,55950.452.95$66,744
Jan 201794712,21249.413.42$88,542
Dec 20161,34912,67248.763.72$112,953
Nov 201682312,22442.492.64$67,294
Oct 201694713,11646.193.09$84,274
Sep 201696912,31541.553.10$78,446
Aug 20161,19512,30641.442.92$85,508
Jul 201686512,30641.622.92$71,988
Jun 201694811,79245.352.69$74,663
May 201670212,11142.521.99$53,963
Apr 20161,04912,21236.561.99$62,666
Mar 201699612,88433.011.79$55,992
Feb 201696412,06426.472.06$50,413
Jan 20161,17610,41027.352.36$56,777
Dec 20151,1919,03232.362.00$56,618
Nov 20151,20810,79738.792.17$70,259
Oct 20151,19611,99543.552.43$81,193
Sep 201580111,42542.992.76$65,950
Aug 201589212,59940.162.87$72,013
Jul 201586911,70548.152.95$76,315
Jun 20151,44412,28956.152.88$116,508
May 20151,34913,43755.212.96$114,191
Apr 20151,17714,12349.822.71$96,863
Mar 201587211,10742.892.93$69,996
Feb 20151,0387,48944.662.98$68,646
Jan 20151,95913,32743.433.10$126,401
Dec 20141,56917,88054.693.59$150,022
Nov 20142,21720,54470.464.25$243,560
Oct 20142,04818,76678.303.90$233,564
Sep 20141,36512,76986.164.05$169,265
Aug 20142,00316,17889.394.04$244,328
Jul 20141,94816,38696.564.18$256,586
Jun 20142,25915,83998.164.74$296,771
May 20142,41218,57794.734.73$316,294
Apr 20142,71220,10795.944.81$356,886
Mar 20142,67918,91395.895.06$352,529
Feb 20142,96922,23897.406.19$426,878
Jan 20143,51231,62390.404.86$471,195
Dec 20133,20230,48691.824.35$426,758
Nov 20133,77034,05288.853.74$462,260
Oct 20134,31240,61597.423.78$573,574
Sep 20134,89549,360104.113.72$693,126
Aug 20137,92052,725104.253.52$1,011,390
Jul 20138,53450,853102.523.72$1,063,964
Jun 201312,50162,81394.403.93$1,427,164
May 201314,27540,16494.834.15$1,520,342
Apr 2013606693.964.28$5,920

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           194 bbl  × $106.41 =    $20,644
Gas                6,430 Mcf  × $  3.05 =    $19,585

────────────────────────────────────────────────────
Month total                                  $40,228

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/274169 is the state's own key, not one this site invented.