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 276613District 08Field 24366100CondensateGasSaveExport
Value, all time
$16.8 M
Jan 2015 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
137
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
CondensateDisposition202,206 bbl$9,685,500
GasProduction2,376,263 Mcf$7,149,457
Total$16,834,957

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 31.9708, -104.2289. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.97079, -104.22888 · 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
7,349 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 7,349 ft.

Completions filed
Jan 2015
1 of 1 wells

1 well

42-109327545H7,349 ftJan 2015

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 (137)

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

137 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 2025131,17560.553.23$4,585
Apr 20258710,84962.363.54$43,865
Mar 20251007,54167.704.27$38,957
Feb 20251329,34470.884.34$49,917
Jan 20251507,31774.324.28$42,455
Dec 20242128,29368.993.12$40,511
Nov 20242257,93269.052.20$32,974
Oct 20242708,16771.372.28$37,902
Sep 20242358,74969.612.36$37,044
Aug 20241187,37475.632.06$24,142
Jul 20242158,79579.932.15$36,064
Jun 20242138,50378.082.63$39,028
May 20242088,49378.812.20$35,064
Apr 20241419,06484.451.66$26,946
Mar 20242507,46180.301.55$31,603
Feb 20242429,59376.091.78$35,524
Jan 20241939,94173.023.30$46,875
Dec 20232229,03671.262.61$39,410
Nov 202338311,14577.892.81$61,122
Oct 202323410,92485.443.09$53,718
Sep 20232237,91589.042.74$41,504
Aug 20232319,80980.522.67$44,818
Jul 202326710,61174.852.64$48,017
Jun 202330010,36268.962.26$44,090
May 202351811,27670.622.23$61,697
Apr 202334010,22878.122.24$49,449
Mar 20233429,78272.852.39$48,325
Feb 20232439,03975.112.47$40,539
Jan 202319013,08276.533.39$58,859
Dec 20221421,92076.415.73$21,850
Nov 20223119,23585.005.65$78,578
Oct 202229610,95387.185.86$90,031
Sep 20223747,89984.888.16$96,230
Aug 202242911,06094.529.13$141,495
Jul 202229710,552101.587.54$109,753
Jun 20223309,798115.097.98$116,140
May 202225211,809109.378.43$127,147
Apr 202230411,720104.226.84$111,820
Mar 202237212,030108.885.08$101,572
Feb 20221909,44391.054.86$63,182
Jan 20222339,85781.844.54$63,797
Dec 20213039,97971.323.90$60,519
Nov 20212769,66077.435.24$71,959
Oct 202125610,60479.795.71$81,016
Sep 202128210,75269.865.35$77,234
Aug 202126611,71466.024.22$67,001
Jul 202129211,58770.783.98$66,808
Jun 202121411,13269.493.38$52,504
May 202124011,96563.483.02$51,342
Apr 2021474,29460.362.76$14,682
Mar 20211061.302.72$61
Feb 202139057.805.55$2,254
Jan 2021302050.412.81$15,224
Dec 20205137,60444.642.68$43,245
Nov 202050115,16138.772.71$60,458
Oct 202041516,31536.972.48$55,778
Sep 202045113,49237.091.99$43,591
Aug 202081414,17339.982.39$66,348
Jul 20201,07214,82238.371.83$68,185
Jun 202066721,99634.901.69$60,458
May 202022316.921.81$378
Apr 2020829714.751.80$654
Mar 202065011,57130.341.86$41,199
Feb 202071211,76749.881.98$58,821
Jan 202064013,10757.252.09$64,096
Dec 201975012,85959.012.30$73,889
Nov 201975212,28655.302.75$75,381
Oct 201956611,91453.472.42$59,079
Sep 201979610,91555.052.66$72,824
Aug 201979711,30953.112.30$68,389
Jul 20197399,76656.272.46$65,608
Jun 201977810,07252.782.49$66,154
May 201981016,33458.482.74$92,129
Apr 201999815,18362.632.75$104,269
Mar 201976514,68956.803.06$88,431
Feb 201980613,84950.852.79$79,655
Jan 201979817,77946.033.23$94,126
Dec 201888217,87746.594.19$115,915
Nov 201851814,22652.934.24$87,697
Oct 201876117,23461.443.40$105,318
Sep 201892418,48959.543.11$112,479
Aug 201873519,03659.403.07$102,034
Jul 201891419,70265.142.93$117,302
Jun 201875415,72960.183.08$93,773
May 201879019,46865.382.90$108,123
Apr 201866720,07463.842.90$100,812
Mar 201890811,82061.222.79$88,528
Feb 201899612,33661.782.77$95,656
Jan 201893518,06262.874.01$131,200
Dec 201795720,36357.272.92$114,298
Nov 20171,06121,29355.423.12$125,200
Oct 20171,22721,37249.292.98$124,246
Sep 20171,38722,83447.523.09$136,405
Aug 20171,29121,76045.373.00$123,948
Jul 20171,42123,10743.873.09$133,677
Jun 20171,48022,44142.493.09$132,167
May 20171,46324,41645.373.26$146,055
Apr 20171,34324,33447.933.21$142,521
Mar 20171,75125,12746.772.98$156,865
Feb 20171,73423,41050.452.95$156,601
Jan 20171,90027,42449.413.42$187,636
Dec 20162,12526,04048.763.72$200,557
Nov 20162,40026,59642.492.64$172,305
Oct 20162,91829,89846.193.09$227,175
Sep 20162,62226,20341.553.10$190,190
Aug 20162,33621,94541.442.92$160,978
Jul 20162,97822,70741.622.92$190,347
Jun 20161,77815,52445.352.69$122,327
May 20162,51334,64742.521.99$175,836
Apr 20162,57935,69336.561.99$165,354
Mar 20163,22438,63433.011.79$175,734
Feb 20163,18339,02426.472.06$164,785
Jan 20163,67847,02927.352.36$211,787
Dec 20153,29343,77732.362.00$194,177
Nov 20154,01550,50938.792.17$265,212
Oct 20154,63855,90443.552.43$337,640
Sep 20154,87757,07542.992.76$367,099
Aug 20156,23556,95840.162.87$414,009
Jul 20156,96260,10448.152.95$512,231
Jun 20157,20860,62256.152.88$579,494
May 201510,27789,02755.212.96$830,508
Apr 201513,76297,32549.822.71$949,040
Mar 201520,05794,82542.892.93$1,138,529
Feb 201523,19772,79344.662.98$1,252,624
Jan 201510,18724,44443.433.10$518,213

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 2025 — as filed, then multipliedworked
Condensate            13 bbl  × $ 60.55 =       $787
Gas                1,175 Mcf  × $  3.23 =     $3,798

────────────────────────────────────────────────────
Month total                                   $4,585

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/276613 is the state's own key, not one this site invented.