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 274433District 08Field 24366100CondensateGasSaveExport
Value, all time
$22.4 M
Nov 2012 – May 2026
Value, last 12 filed months
$308 k
at the published price for each month
Months reported
163
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
CondensateDisposition189,999 bbl$14,448,638
GasProduction2,269,162 Mcf$7,923,013
Total$22,371,651

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, -104.2153. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.97143, -104.21534 · 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
7,330 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 7,330 ft.

Completions filed
Nov 2012
1 of 1 wells

1 well

42-109324892H7,330 ftNov 2012

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 (163)

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

163 months

May 2026150106.413.05$1,596
Apr 202659098.932.87$5,837
Mar 20262545,37989.753.15$39,737
Feb 20262005,30263.503.75$32,584
Jan 2026922,03659.138.00$21,724
Dec 20251056.664.41$57
Nov 20251733,93058.593.93$25,567
Oct 20252746,29559.383.30$37,074
Sep 20253836,49062.743.08$43,999
Aug 20253126,55363.933.01$39,702
Jul 20251136,51966.743.32$29,153
Jun 20252165,28966.483.13$30,907
May 20253285,95860.553.23$39,119
Apr 20253444,76362.363.54$38,328
Mar 20252105,33167.704.27$36,971
Feb 20252345,51770.884.34$40,534
Jan 20253566,32674.324.28$53,525
Dec 20243357,13368.993.12$45,376
Nov 20243136,84369.052.20$36,657
Oct 20243536,32371.372.28$39,619
Sep 20242606,43669.612.36$33,316
Aug 20241225,72875.632.06$21,047
Jul 20241796,78079.932.15$28,861
Jun 20242306,73478.082.63$35,696
May 20241566,93278.812.20$27,534
Apr 20241867,18284.451.66$27,624
Mar 20242028,08480.301.55$28,711
Feb 20242707,30876.091.78$33,579
Jan 20241488,21973.023.30$37,910
Dec 20232647,50071.262.61$38,393
Nov 20232597,76277.892.81$41,966
Oct 20232797,63185.443.09$47,397
Sep 20232237,05489.042.74$39,149
Aug 20231374,97980.522.67$24,340
Jul 20231285,40674.852.64$23,862
Jun 20232487,12968.962.26$33,203
May 20232928,13070.622.23$38,730
Apr 20231867,73378.122.24$31,835
Mar 20232408,55172.852.39$37,948
Feb 20232487,22675.112.47$36,444
Jan 2023887,40276.533.39$31,811
Dec 2022886,66176.415.73$44,885
Nov 20221996,84485.005.65$55,558
Oct 20223127,65987.185.86$72,111
Sep 20223987,86484.888.16$97,981
Aug 20223977,25994.529.13$103,778
Jul 20223235,603101.587.54$75,069
Jun 20221775,637115.097.98$65,338
May 20222738,151109.378.43$98,596
Apr 20221778,498104.226.84$76,553
Mar 20221648,917108.885.08$63,123
Feb 20221458,17191.054.86$52,904
Jan 20222179,31081.844.54$60,005
Dec 20212259,23071.323.90$52,036
Nov 20211788,79377.435.24$59,830
Oct 20211919,35579.795.71$68,693
Sep 20212479,02669.865.35$65,553
Aug 20213539,27266.024.22$62,438
Jul 20213669,09070.783.98$62,103
Jun 20212118,43169.493.38$43,164
May 20213039,36563.483.02$47,495
Apr 20213269,52860.362.76$45,960
Mar 202134010,00161.302.72$48,014
Feb 20212198,68357.805.55$60,831
Jan 202138510,11550.412.81$47,834
Dec 202038810,31644.642.68$44,920
Nov 202033410,59838.772.71$41,633
Oct 202038812,07336.972.48$44,266
Sep 20204919,23537.091.99$36,598
Aug 20206099,46739.982.39$46,928
Jul 20205179,53538.371.83$37,240
Jun 20207189,18534.901.69$40,584
May 202032310,71616.921.81$24,912
Apr 202039210,86214.751.80$25,381
Mar 20205174,78230.341.86$24,562
Feb 20205469,50049.881.98$46,051
Jan 202050910,90357.252.09$51,979
Dec 201964710,72859.012.30$62,901
Nov 201959711,09555.302.75$63,533
Oct 20196029,94553.472.42$56,241
Sep 201949610,41255.052.66$54,972
Aug 201948910,60653.112.30$50,411
Jul 201951711,21056.272.46$56,669
Jun 201949212,08352.782.49$56,069
May 201970612,38658.482.74$75,228
Apr 201961611,82362.632.75$71,102
Mar 201989411,45056.803.06$85,840
Feb 20194219,82050.852.79$48,827
Jan 201944511,49246.033.23$57,582
Dec 201846611,05446.594.19$67,977
Nov 20183388,61552.934.24$54,394
Oct 201836411,25061.443.40$60,593
Sep 201856211,14259.543.11$68,091
Aug 201866211,62759.403.07$74,978
Jul 201853011,95165.142.93$69,563
Jun 201835210,86460.183.08$54,611
May 201869411,76065.382.90$79,487
Apr 201874311,82263.842.90$81,726
Mar 201868712,53761.222.79$76,997
Feb 201860710,86361.782.77$67,549
Jan 201834713,79162.874.01$77,108
Dec 201769612,20757.272.92$75,523
Nov 201777610,54055.423.12$75,873
Oct 201775513,72549.292.98$78,165
Sep 201789513,48847.523.09$84,172
Aug 201799713,82945.373.00$86,782
Jul 201783914,15243.873.09$80,498
Jun 20171,25013,69942.493.09$95,405
May 20171,35313,84245.373.26$106,558
Apr 201783912,94347.933.21$81,781
Mar 20171,22614,34346.772.98$100,135
Feb 201757010,08650.452.95$58,536
Jan 201771812,29549.413.42$77,511
Dec 20161,09913,22048.763.72$102,803
Nov 201686613,30442.492.64$71,977
Oct 201696615,57246.193.09$92,741
Sep 201693813,51241.553.10$80,870
Aug 20161,20814,06841.442.92$91,199
Jul 20161,12714,78841.622.92$90,151
Jun 20161,33615,05045.352.69$101,009
May 20161,07216,22542.521.99$77,886
Apr 20161,56916,02036.561.99$89,259
Mar 20161,18519,19133.011.79$73,546
Feb 20161,42216,71526.472.06$72,134
Jan 20161,81623,09027.352.36$104,261
Dec 20151,42616,76632.362.00$79,701
Nov 20151,59712,77538.792.17$89,635
Oct 20151,53013,58343.552.43$99,592
Sep 20151,10613,41142.992.76$84,540
Aug 201557213,58340.162.87$61,989
Jul 201563411,94748.152.95$65,712
Jun 20151,26611,48956.152.88$104,207
May 20151,40012,18655.212.96$113,309
Apr 20151,10813,31049.822.71$91,225
Mar 20151,05712,81942.892.93$82,955
Feb 201594211,98144.662.98$77,727
Jan 20151,87915,69643.433.10$130,272
Dec 20141,75120,15354.693.59$168,139
Nov 20141,73621,70670.464.25$214,609
Oct 20141,56321,53478.303.90$206,386
Sep 20141,50019,59086.164.05$208,490
Aug 20141,87421,28589.394.04$253,404
Jul 20141,73222,18296.564.18$259,954
Jun 20141,95922,32298.164.74$298,032
May 20142,06124,97894.734.73$313,299
Apr 20142,35726,21395.944.81$352,192
Mar 20142,15128,58295.895.06$350,793
Feb 20142,32928,09897.406.19$400,827
Jan 20142,77034,29290.404.86$417,092
Dec 20132,62534,44891.824.35$391,031
Nov 20132,78533,53388.853.74$372,803
Oct 20132,56035,38997.423.78$383,143
Sep 20132,26441,308104.113.72$389,277
Aug 20134,19447,914104.253.52$606,007
Jul 20134,54356,024102.523.72$674,031
Jun 20135,31941,44494.403.93$665,130
May 20135,91544,80294.834.15$746,807
Apr 20135,77150,02893.964.28$756,493
Mar 20136,83546,08293.623.91$820,206
Feb 20139,03160,26491.233.42$1,029,996
Jan 201313,06965,52491.603.42$1,421,207
Dec 201218,04062,98486.773.42$1,780,746
Nov 20129,10018,17986.953.62$857,143

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            15 bbl  × $106.41 =     $1,596
Gas                    0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                   $1,596

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/274433 is the state's own key, not one this site invented.