W A STATE

Operated by CAPITAN ENERGY, INCORPORATED (P-5 130061) 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 276149District 08Field 31913800Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$48.1 M
Jun 2014 – May 2026
Value, last 12 filed months
$1.8 M
at the published price for each month
Months reported
144
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 Gas112017-10-09220120
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
CondensateDisposition482,878 bbl$28,064,610
GasProduction6,117,651 Mcf$20,055,137
Total$48,119,747

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 31.7411, -104.2014. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.74107, -104.20137 · 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
10,763 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 10,763 ft.

Completions filed
Jun 2014
1 of 1 wells

1 well

42-109326492H10,763 ftJun 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 (144)

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

144 months

May 20261,14319,686106.413.05$181,587
Apr 202676718,80598.932.87$129,844
Mar 20261,14820,14489.753.15$166,475
Feb 202679620,04563.503.75$125,721
Jan 20261,14922,52059.138.00$248,054
Dec 20251,17123,98756.664.41$172,212
Nov 202578128,57258.593.93$157,945
Oct 20251928,11259.383.30$38,210
Sep 202593123,13962.743.08$129,608
Aug 20251,12823,99363.933.01$144,446
Jul 20251,10024,15766.743.32$153,499
Jun 20251,15223,85266.483.13$151,211
May 20251,13824,73160.553.23$148,844
Apr 202577620,17562.363.54$119,874
Mar 20251,33524,03567.704.27$192,969
Feb 202552722,51770.884.34$135,096
Jan 20251,48527,06174.324.28$226,151
Dec 20241,36927,98468.993.12$181,796
Nov 202419117,78469.052.20$52,286
Oct 20241,53823,79971.372.28$164,062
Sep 202492226,20369.612.36$126,134
Aug 20241,28626,84575.632.06$152,658
Jul 202464723,67379.932.15$102,531
Jun 202483122,30678.082.63$123,638
May 20241,36517,17678.812.20$145,336
Apr 202488120,80184.451.66$108,913
Mar 20241,17526,02180.301.55$134,558
Feb 20241,02324,57076.091.78$121,664
Jan 20241,38626,64773.023.30$189,078
Dec 20231,22527,10071.262.61$158,044
Nov 20231,0241,41777.892.81$83,738
Oct 202377227,39985.443.09$150,548
Sep 20231,10026,71889.042.74$171,019
Aug 20231,09226,89580.522.67$159,815
Jul 20231,49128,00074.852.64$185,572
Jun 202391524,21268.962.26$117,781
May 20231,03525,46670.622.23$129,815
Apr 20231,32327,56078.122.24$165,025
Mar 20231,02529,05672.852.39$144,207
Feb 20231,14126,34975.112.47$150,669
Jan 20231,16229,61476.533.39$189,252
Dec 20221,38328,31176.415.73$267,871
Nov 20221,33727,90985.005.65$271,225
Oct 20221,37526,65187.185.86$276,148
Sep 20221,41030,11884.888.16$365,555
Aug 20221,49030,89094.529.13$422,773
Jul 20221,31930,382101.587.54$363,127
Jun 20221,21128,758115.097.98$368,782
May 20221,48931,406109.378.43$427,700
Apr 20221,49429,124104.226.84$354,843
Mar 20221,41728,985108.885.08$301,422
Feb 20221,46426,75491.054.86$263,291
Jan 20221,53931,73081.844.54$269,932
Dec 20211,76934,08671.323.90$259,070
Nov 20211,66634,23977.435.24$308,303
Oct 20211,63736,67679.795.71$340,178
Sep 20211,88536,51869.865.35$327,091
Aug 20211,53726,68966.024.22$214,116
Jul 202177017,09370.783.98$122,566
Jun 20211,15719,07869.493.38$144,895
May 20211,93736,52263.483.02$233,172
Apr 20211,73927,97460.362.76$182,130
Mar 202173415,16661.302.72$86,199
Feb 20211,11019,77757.805.55$173,880
Jan 202184014,09050.412.81$81,941
Dec 20201,39521,51944.642.68$119,846
Nov 20201,45026,89438.772.71$129,007
Oct 20202,21335,97736.972.48$170,981
Sep 20201,18017,49537.091.99$78,599
Aug 20202,44020,72539.982.39$146,982
Jul 202097923,25738.371.83$80,011
Jun 202039712,90934.901.69$35,676
May 20201,19723,98316.921.81$63,776
Apr 202057217,18214.751.80$39,440
Mar 20201,57335,07330.341.86$112,828
Feb 20201,59531,53349.881.98$142,015
Jan 20201,99135,05957.252.09$187,424
Dec 20192,17436,50159.012.30$212,399
Nov 20191,70935,80655.302.75$192,999
Oct 20191,87936,09253.472.42$187,760
Sep 20191,98337,25055.052.66$208,148
Aug 20192,37439,29753.112.30$216,638
Jul 20192,13538,79456.272.46$215,572
Jun 20191,43538,00252.782.49$170,410
May 20192,32039,77158.482.74$244,659
Apr 20192,92535,92162.632.75$282,001
Mar 20192,84445,20156.803.06$299,949
Feb 20192,72550,24550.852.79$278,861
Jan 20192,50767,71246.033.23$333,984
Dec 20182,79969,26446.594.19$420,306
Nov 20182,64462,08952.934.24$403,033
Oct 20182,80163,05261.443.40$386,349
Sep 20182,85263,29059.543.11$366,513
Aug 20182,89366,58259.403.07$376,022
Jul 20183,33571,23065.142.93$426,080
Jun 20183,23559,94560.183.08$379,128
May 20183,02053,30165.382.90$352,063
Apr 20183,17951,81763.842.90$353,258
Mar 20183,38553,92861.222.79$357,518
Feb 20183,19049,86361.782.77$335,005
Jan 20183,64054,65162.874.01$447,960
Dec 20173,72756,52257.272.92$378,575
Nov 20173,62058,55455.423.12$383,213
Oct 20173,83361,61649.292.98$372,771
Sep 20173,52065,09447.523.09$368,234
Aug 20174,51165,97245.373.00$402,870
Jul 20174,29369,76343.873.09$403,712
Jun 20174,74269,44942.493.09$415,896
May 20174,89972,62145.373.26$459,259
Apr 20175,49161,59547.933.21$461,002
Mar 20176,48760,64246.772.98$484,333
Feb 20176,88356,44550.452.95$513,907
Jan 20173,42033,39949.413.42$283,167
Dec 20164,81668,94148.763.72$491,484
Nov 20165,26076,69442.492.64$426,303
Oct 20165,80970,75146.193.09$486,957
Sep 20165,77969,62041.553.10$455,983
Aug 20165,22971,02541.442.92$424,391
Jul 20165,39462,46841.622.92$407,176
Jun 20165,41061,55845.352.69$410,678
May 20165,60865,52942.521.99$368,923
Apr 20166,66763,38436.561.99$369,946
Mar 20165,57054,39733.011.79$281,454
Feb 20166,16942,81026.472.06$251,637
Jan 201693410,07727.352.36$49,371
Dec 20155,06939,42232.362.00$242,932
Nov 20156,92661,12938.792.17$401,146
Oct 20157,38361,53143.552.43$470,840
Sep 20157,78874,24642.992.76$539,608
Aug 20157,94274,86540.162.87$534,000
Jul 20158,79665,82148.152.95$617,376
Jun 201510,88897,17756.152.88$891,509
May 201511,913106,29055.212.96$971,852
Apr 201513,781105,53149.822.71$972,196
Mar 201513,02184,82642.892.93$807,410
Feb 201510,44187,79844.662.98$727,599
Jan 201512,30973,43043.433.10$762,259
Dec 201413,459101,75154.693.59$1,101,497
Nov 201414,513102,75470.464.25$1,459,480
Oct 201420,260108,89478.303.90$2,011,149
Sep 201411,63175,11186.164.05$1,305,984
Aug 201414,64093,43689.394.04$1,685,695
Jul 201416,735105,45196.564.18$2,056,675
Jun 20140098.164.74$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         1,143 bbl  × $106.41 =   $121,627
Gas               19,686 Mcf  × $  3.05 =    $59,960

────────────────────────────────────────────────────
Month total                                 $181,587

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/276149 is the state's own key, not one this site invented.