GEORGETTE 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 277487District 08Field 31913800Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$41.0 M
Jan 2015 – May 2026
Value, last 12 filed months
$1.8 M
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 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 Gas112017-10-09220119
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
CondensateDisposition332,301 bbl$17,329,081
GasProduction7,383,881 Mcf$23,658,807
Total$40,987,888

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 31.7581, -104.2478. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.75814, -104.24777 · 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
10,882 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 10,882 ft.

Completions filed
Jan 2015
1 of 1 wells

1 well

42-109327002H10,882 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 202674229,334106.413.05$168,303
Apr 202638340,97898.932.87$155,486
Mar 20263621,37089.753.15$36,804
Feb 202606,02763.503.75$22,603
Jan 202675126,99559.138.00$260,310
Dec 202575035,21456.664.41$197,907
Nov 202538840,97858.593.93$183,631
Oct 202519213,13659.383.30$54,813
Sep 202555933,87962.743.08$139,315
Aug 202572639,76963.933.01$166,307
Jul 20251,15540,60666.743.32$211,702
Jun 202575240,38966.483.13$176,359
May 20251,15743,73960.553.23$211,435
Apr 202539923,93862.363.54$109,697
Mar 202583142,12067.704.27$236,040
Feb 20251,08942,83970.884.34$263,146
Jan 20251,87247,37274.324.28$341,817
Dec 202452547,97268.993.12$185,958
Nov 202420314,20269.052.20$45,239
Oct 20241,15140,62771.372.28$174,833
Sep 2024011,70669.612.36$27,677
Aug 20241,12246,26075.632.06$180,320
Jul 202417325,79079.932.15$69,188
Jun 202460724,90278.082.63$112,986
May 202476131,92878.812.20$130,166
Apr 202467036,97384.451.66$117,927
Mar 20241,18751,48180.301.55$174,861
Feb 20241,16547,56176.091.78$173,477
Jan 20241,03450,66673.023.30$242,582
Dec 20231,42957,38071.262.61$251,634
Nov 20231,4932,93477.892.81$124,527
Oct 202396542,28485.443.09$212,992
Sep 202312715,52689.042.74$53,772
Aug 202389033,54880.522.67$161,333
Jul 202370332,80974.852.64$139,294
Jun 202390037,40468.962.26$146,540
May 202357532,73770.622.23$113,525
Apr 20231,07738,45278.122.24$170,182
Mar 20231,04542,06672.852.39$176,799
Feb 202399038,21375.112.47$168,580
Jan 20231,11940,84876.533.39$224,019
Dec 20221,00638,46976.415.73$297,260
Nov 20221,10239,64185.005.65$317,491
Oct 20221,07541,00987.185.86$334,185
Sep 20221,08740,92584.888.16$426,363
Aug 20221,04743,80794.529.13$498,796
Jul 20221,13943,404101.587.54$443,056
Jun 20221,12443,194115.097.98$473,928
May 20221,22947,314109.378.43$533,417
Apr 20221,20545,550104.226.84$437,038
Mar 202295944,786108.885.08$331,768
Feb 20221,34038,09391.054.86$307,095
Jan 20221,19049,90681.844.54$323,847
Dec 20211,55851,80771.323.90$313,118
Nov 20211,32751,39777.435.24$371,908
Oct 20211,38151,53979.795.71$404,677
Sep 20211,58546,50569.865.35$359,573
Aug 202171929,49566.024.22$171,955
Jul 2021284,38870.783.98$19,455
Jun 202144713,41069.493.38$76,396
May 20211,45344,29463.483.02$225,901
Apr 20211,33540,37460.362.76$191,949
Mar 20211,10041,70261.302.72$180,732
Feb 202132816,60157.805.55$111,060
Jan 20212066,26450.412.81$27,988
Dec 20201,33739,18844.642.68$164,530
Nov 20201,28338,49838.772.71$153,939
Oct 20201,39940,28836.972.48$151,572
Sep 20201,23639,48037.091.99$124,450
Aug 20202,37041,40439.982.39$193,505
Jul 202089041,52338.371.83$109,934
Jun 202089440,24334.901.69$99,224
May 202070842,43216.921.81$88,983
Apr 202064147,25414.751.80$94,719
Mar 20201,20954,80230.341.86$138,406
Feb 20201,38851,70849.881.98$171,650
Jan 20201,72856,39257.252.09$217,055
Dec 20191,70556,05859.012.30$229,790
Nov 20191,99256,80955.302.75$266,422
Oct 20191,53957,38353.472.42$221,073
Sep 20191,78158,24555.052.66$252,817
Aug 20192,16359,74853.112.30$252,558
Jul 20192,18761,25056.272.46$273,741
Jun 201939632,40152.782.49$101,618
May 2019206,14458.482.74$18,006
Apr 20191,31340,66662.632.75$194,093
Mar 20192,17051,56256.803.06$281,144
Feb 20191,81957,65950.852.79$253,493
Jan 20192,23076,47346.033.23$349,516
Dec 20182,44581,26346.594.19$454,034
Nov 20182,38981,20352.934.24$470,526
Oct 20182,68983,29761.443.40$448,262
Sep 20182,32271,27359.543.11$359,768
Aug 20182,15675,02559.403.07$358,135
Jul 20182,84888,24465.142.93$444,240
Jun 20183,00791,77660.183.08$463,349
May 20183,07997,80765.382.90$485,024
Apr 20183,30295,46663.842.90$487,727
Mar 20183,372104,54861.222.79$497,792
Feb 20183,29988,86261.782.77$449,615
Jan 20183,826105,51162.874.01$663,568
Dec 20174,023110,52857.272.92$553,307
Nov 20174,020109,31655.423.12$563,675
Oct 20172,40878,97349.292.98$354,320
Sep 201750011,45547.523.09$59,125
Aug 20173,49582,13745.373.00$405,341
Jul 20173,83187,85243.873.09$439,290
Jun 20174,17688,99442.493.09$452,188
May 20174,02188,15545.373.26$470,118
Apr 20174,12386,86147.933.21$476,578
Mar 20174,22791,40946.772.98$470,432
Feb 20173,79180,95650.452.95$430,287
Jan 20175,976110,51149.413.42$673,089
Dec 20166,398123,19448.763.72$770,597
Nov 20165,837116,65442.492.64$556,488
Oct 20166,602114,08046.193.09$657,483
Sep 20167,468118,87941.553.10$678,895
Aug 20166,231123,31341.442.92$618,822
Jul 20167,980119,81841.622.92$682,516
Jun 20167,306112,07545.352.69$632,342
May 20165,72187,24342.521.99$416,961
Apr 20166,35685,30336.561.99$402,217
Mar 20165,10835,39933.011.79$232,121
Feb 20164,40854,12226.472.06$228,368
Jan 20165,21859,96927.352.36$284,501
Dec 20156,90579,63832.362.00$382,834
Nov 20159,83991,98238.792.17$581,010
Oct 20159,11787,40043.552.43$609,128
Sep 201506842.992.76$188
Aug 20150040.162.87$0
Jul 20152,40119,97948.152.95$174,448
Jun 20157,74378,88956.152.88$662,195
May 201511,664103,76355.212.96$950,636
Apr 201511,27083,26849.822.71$786,842
Mar 20157,60174,81242.892.93$545,558
Feb 201514,86861,64344.662.98$847,466
Jan 20155,5486,53243.433.10$261,203

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           742 bbl  × $106.41 =    $78,956
Gas               29,334 Mcf  × $  3.05 =    $89,347

────────────────────────────────────────────────────
Month total                                 $168,303

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/277487 is the state's own key, not one this site invented.