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 276627District 08Field 24366100CondensateGasSaveExport
Value, all time
$20.2 M
Jan 2015 – May 2026
Value, last 12 filed months
$689 k
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
CondensateDisposition222,056 bbl$11,091,306
GasProduction2,938,073 Mcf$9,141,231
Total$20,232,537

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 31.9705, -104.2254. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.97047, -104.22543 · 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
7,326 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 7,326 ft.

Completions filed
Jan 2015
1 of 1 wells

1 well

42-109326446H7,326 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 202616816,194106.413.05$67,201
Apr 2026823,05498.932.87$16,876
Mar 20261917,07689.753.15$39,428
Feb 202626411,54263.503.75$60,050
Jan 202633011,76659.138.00$113,616
Dec 202512511,87356.664.41$59,482
Nov 202521612,59258.593.93$62,097
Oct 202523012,12059.383.30$53,712
Sep 202525913,18962.743.08$56,831
Aug 202525313,63463.933.01$57,278
Jul 202519412,27066.743.32$53,625
Jun 202518311,64366.483.13$48,594
May 202538612,58960.553.23$64,064
Apr 202541111,13262.363.54$65,072
Mar 202528511,80067.704.27$69,661
Feb 202521910,01670.884.34$59,001
Jan 20251519,13674.324.28$50,312
Dec 202424710,79868.993.12$50,745
Nov 202422410,02969.052.20$37,515
Oct 202436012,45471.372.28$54,106
Sep 202435912,93269.612.36$55,566
Aug 202431112,25675.632.06$48,813
Jul 202444013,14979.932.15$63,395
Jun 202438812,36878.082.63$62,872
May 202449612,93978.812.20$67,535
Apr 202431313,40884.451.66$48,679
Mar 202429710,30980.301.55$39,778
Feb 202425811,14576.091.78$39,510
Jan 202425924,48873.023.30$99,665
Dec 202336912,47171.262.61$58,853
Nov 202335812,25477.892.81$62,288
Oct 202337511,94785.443.09$68,924
Sep 202351211,51889.042.74$77,091
Aug 202340612,28280.522.67$65,519
Jul 202340412,32374.852.64$62,794
Jun 202339411,96168.962.26$54,184
May 202348813,79770.622.23$65,194
Apr 202328810,99978.122.24$47,112
Mar 202348513,11872.852.39$66,726
Feb 20234339,90475.112.47$56,943
Jan 202343315,34176.533.39$85,109
Dec 202227612,33876.415.73$91,775
Nov 202239413,33485.005.65$108,776
Oct 202246813,85687.185.86$122,049
Sep 202245313,64484.888.16$149,836
Aug 202251814,49994.529.13$181,296
Jul 202250214,527101.587.54$160,557
Jun 202247812,033115.097.98$151,003
May 202270412,530109.378.43$182,662
Apr 202285113,903104.226.84$183,754
Mar 20221,04214,828108.885.08$188,726
Feb 202254511,53691.054.86$105,674
Jan 202265111,60881.844.54$105,951
Dec 202184614,51271.323.90$116,921
Nov 202177214,67677.435.24$136,632
Oct 202171414,93179.795.71$142,284
Sep 202178914,73669.865.35$133,971
Aug 202174014,78566.024.22$111,256
Jul 202181613,25570.783.98$110,539
Jun 202159511,74369.493.38$81,045
May 202176214,26963.483.02$91,431
Apr 202157715,29360.362.76$77,012
Mar 202166315,35861.302.72$82,369
Feb 202148713,46257.805.55$102,835
Jan 202161716,43350.412.81$77,284
Dec 202089716,83944.642.68$85,094
Nov 202088115,54038.772.71$76,216
Oct 202077512,06936.972.48$58,564
Sep 20207889,66937.091.99$48,478
Aug 202076612,55839.982.39$60,577
Jul 202070213,14738.371.83$50,931
Jun 202065818,27334.901.69$53,851
May 202020816.921.81$353
Apr 202071914.751.80$138
Mar 20205868,43430.341.86$33,435
Feb 20207048,99249.881.98$52,926
Jan 202059910,11457.252.09$55,479
Dec 201975112,50159.012.30$73,123
Nov 201972013,20755.302.75$76,144
Oct 201941712,00253.472.42$51,324
Sep 201949812,60655.052.66$60,913
Aug 201968813,69653.112.30$68,100
Jul 201978715,98656.272.46$83,611
Jun 201978513,19352.782.49$74,299
May 201964617,77058.482.74$86,474
Apr 201995820,33062.632.75$115,921
Mar 201971820,61756.803.06$103,914
Feb 201966617,11050.852.79$81,641
Jan 201966617,16746.033.23$86,074
Dec 201886018,59746.594.19$117,904
Nov 201856017,10052.934.24$102,098
Oct 201886023,93061.443.40$134,154
Sep 20181,07123,32059.543.11$136,246
Aug 201887324,60559.403.07$127,309
Jul 20181,04625,97265.142.93$144,283
Jun 201887320,72260.183.08$116,297
May 201897323,80965.382.90$132,680
Apr 201891724,19063.842.90$128,712
Mar 20181,20922,71061.222.79$137,304
Feb 20181,16521,13161.782.77$130,425
Jan 20181,07623,94262.874.01$163,639
Dec 20171,11124,73857.272.92$135,900
Nov 20171,21726,02355.423.12$148,595
Oct 20171,24627,16849.292.98$142,476
Sep 20171,28626,81047.523.09$143,881
Aug 20171,19727,62245.373.00$137,295
Jul 20171,31928,32243.873.09$145,302
Jun 20171,40228,14642.493.09$146,466
May 20171,56229,41545.373.26$166,861
Apr 20171,49328,64847.933.21$163,565
Mar 20171,96131,09346.772.98$184,488
Feb 20171,80127,87950.452.95$173,176
Jan 20171,92429,22049.413.42$194,962
Dec 20162,15231,04848.763.72$220,518
Nov 20162,18029,06742.492.64$169,492
Oct 201680024,40546.193.09$112,370
Sep 20165055,16941.553.10$37,010
Aug 20162,16034,42141.442.92$190,169
Jul 20162,50035,06741.622.92$206,598
Jun 20162,02035,40245.352.69$186,691
May 20162,49039,02742.521.99$183,579
Apr 20162,82640,05536.561.99$183,070
Mar 20163,29442,14233.011.79$184,338
Feb 20163,23740,65426.472.06$169,578
Jan 20163,73246,70627.352.36$212,500
Dec 20153,29740,46532.362.00$187,678
Nov 20153,68147,86938.792.17$246,534
Oct 20154,16655,66143.552.43$316,495
Sep 20156,50063,46742.992.76$454,504
Aug 20157,73669,03540.162.87$508,980
Jul 20157,80066,80848.152.95$572,325
Jun 20158,01673,78456.152.88$662,807
May 201510,87682,00655.212.96$842,829
Apr 201514,24985,12849.822.71$940,290
Mar 201520,60698,75342.892.93$1,173,603
Feb 201523,85577,94444.662.98$1,297,340
Jan 201510,58929,12643.433.10$550,189

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           168 bbl  × $106.41 =    $17,877
Gas               16,194 Mcf  × $  3.05 =    $49,324

────────────────────────────────────────────────────
Month total                                  $67,201

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/276627 is the state's own key, not one this site invented.