PAT FEE 4

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 278966District 08Field 31913800Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$28.6 M
Aug 2015 – May 2026
Value, last 12 filed months
$983 k
at the published price for each month
Months reported
130
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 Gas112017-06-15220171
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
CondensateDisposition334,942 bbl$17,359,150
GasProduction3,479,032 Mcf$11,219,140
Total$28,578,289

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 31.7279, -104.0561. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.72789, -104.05606 · 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
9,000 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 9,000 ft.

Completions filed
Oct 2015
1 of 1 wells

1 well

42-109328611H9,000 ftOct 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 (130)

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

130 months

May 202668111,737106.413.05$108,214
Apr 202668815,58098.932.87$112,774
Mar 20262581989.753.15$4,823
Feb 20264506,96063.503.75$54,677
Jan 202664612,23859.138.00$136,077
Dec 202576013,23756.664.41$101,481
Nov 202559516,32758.593.93$98,968
Oct 20252283,72259.383.30$25,839
Sep 202566311,64662.743.08$77,430
Aug 202565812,36963.933.01$79,356
Jul 202569313,42766.743.32$90,764
Jun 202576913,19666.483.13$92,410
May 202577213,17060.553.23$89,314
Apr 202558612,29262.363.54$80,095
Mar 202555013,12167.704.27$93,240
Feb 202565911,59870.884.34$97,055
Jan 202586814,03074.324.28$124,540
Dec 202457614,75568.993.12$85,794
Nov 202466314,28069.052.20$77,174
Oct 202476614,10071.372.28$86,837
Sep 202482914,19169.612.36$91,259
Aug 202475614,21575.632.06$86,511
Jul 202482115,17079.932.15$98,186
Jun 202489914,89978.082.63$109,438
May 202493215,41678.812.20$107,342
Apr 202492815,03184.451.66$103,309
Mar 20241,01319,71880.301.55$111,811
Feb 202462114,58576.091.78$73,266
Jan 202480315,82573.023.30$110,821
Dec 202399516,70471.262.61$114,513
Nov 202392340,93877.892.81$186,828
Oct 202385117,06185.443.09$125,382
Sep 202391116,40889.042.74$125,992
Aug 202398618,04980.522.67$127,636
Jul 20231,16918,94674.852.64$137,551
Jun 20231,04116,82268.962.26$109,780
May 20231,00018,25770.622.23$111,286
Apr 20231,07918,04778.122.24$124,676
Mar 20231,03019,35172.852.39$121,346
Feb 20231,08318,02475.112.47$125,786
Jan 20231,13119,79076.533.39$153,598
Dec 20221,22520,34476.415.73$210,155
Nov 20221,11521,18285.005.65$214,373
Oct 20221,38122,30587.185.86$251,187
Sep 20221,30022,57784.888.16$294,655
Aug 20221,32722,89194.529.13$334,358
Jul 20221,26421,757101.587.54$292,490
Jun 20221,28522,294115.097.98$325,734
May 202295024,471109.378.43$310,266
Apr 20221,13319,184104.226.84$249,254
Mar 20221,24311,952108.885.08$196,011
Feb 20221,32812,62491.054.86$182,252
Jan 20221,24220,10981.844.54$192,893
Dec 20211,49026,99671.323.90$211,527
Nov 20211,50925,16177.435.24$248,606
Oct 20211,58827,65879.795.71$284,741
Sep 20211,73228,57269.865.35$273,884
Aug 20212,04629,36766.024.22$259,023
Jul 20211,45320,01970.783.98$182,561
Jun 2021265,60769.493.38$20,762
May 20212446,39563.483.02$141,528
Apr 20219259,05860.362.76$80,819
Mar 20211,00116,97861.302.72$107,490
Feb 20211,33616,23657.805.55$167,297
Jan 20211,47418,81050.412.81$127,166
Dec 20201,52610,11544.642.68$95,183
Nov 20201,26910,23138.772.71$76,890
Oct 2020020,83236.972.48$51,631
Sep 202056014,38937.091.99$49,419
Aug 20201,2018,27439.982.39$67,750
Jul 20202,17613,97938.371.83$109,006
Jun 20201,44414,81234.901.69$75,432
May 20201,10016,55716.921.81$48,659
Apr 20201,24416,83314.751.80$48,722
Mar 20202,01924,53730.341.86$106,803
Feb 20201,97120,70449.881.98$139,321
Jan 20201,95616,23857.252.09$145,995
Dec 20192,11822,10859.012.30$175,928
Nov 20192,14625,49255.302.75$188,795
Oct 20192,29726,68953.472.42$187,369
Sep 20192,25627,09455.052.66$196,189
Aug 20192,26526,12853.112.30$180,502
Jul 20192,46521,68056.272.46$192,040
Jun 20192,53230,15152.782.49$208,751
May 20192,68929,96058.482.74$239,353
Apr 20192,53329,58462.632.75$240,019
Mar 20192,91032,60956.803.06$265,140
Feb 20192,66939,93250.852.79$247,218
Jan 20193,05648,56546.033.23$297,444
Dec 20183,17847,61046.594.19$347,332
Nov 20183,16246,97552.934.24$366,409
Oct 20183,58444,84361.443.40$372,581
Sep 20183,51944,48159.543.11$347,768
Aug 20183,67347,47059.403.07$363,746
Jul 20183,83848,24765.142.93$391,462
Jun 20183,60645,28360.183.08$356,341
May 20184,45047,23465.382.90$427,957
Apr 20183,83147,25363.842.90$381,643
Mar 20181,98823,07561.222.79$186,012
Feb 20183,92537,31761.782.77$345,710
Jan 20184,07239,02962.874.01$412,486
Dec 20174,44238,68757.272.92$367,418
Nov 20174,86140,99355.423.12$397,228
Oct 20173,02624,26049.292.98$221,536
Sep 20173,38630,23847.523.09$254,256
Aug 20175,33249,32345.373.00$390,099
Jul 201712,38759,33443.873.09$726,598
Jun 20176,75355,52542.493.09$458,356
May 20176,76254,21245.373.26$483,707
Apr 20176,64754,03647.933.21$492,133
Mar 20176,88555,39946.772.98$487,304
Feb 20176,69542,32350.452.95$462,726
Jan 20175,83449,10749.413.42$456,145
Dec 20167,97760,94748.763.72$615,854
Nov 20167,87357,27242.492.64$485,971
Oct 20166,92954,43446.193.09$488,266
Sep 20167,49640,15041.553.10$435,949
Aug 20167,44744,88741.442.92$439,869
Jul 20167,29351,98241.622.92$455,548
Jun 20168,00041,67345.352.69$474,727
May 20168,02757,95542.521.99$456,699
Apr 20168,54251,58836.561.99$415,009
Mar 20168,75658,52733.011.79$394,034
Feb 20165,66435,30326.472.06$222,778
Jan 201612,53276,98527.352.36$524,770
Dec 201511,86177,98032.362.00$539,892
Nov 20151,2085,85738.792.17$59,552
Oct 20151,60415,14643.552.43$106,607
Sep 20150042.992.76$0
Aug 20151140.162.87$43

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           681 bbl  × $106.41 =    $72,465
Gas               11,737 Mcf  × $  3.05 =    $35,749

────────────────────────────────────────────────────
Month total                                 $108,214

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/278966 is the state's own key, not one this site invented.