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 286198District 08Field 31913800Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$25.6 M
Oct 2017 – May 2026
Value, last 12 filed months
$1.1 M
at the published price for each month
Months reported
104
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 Gas112019-09-18224075
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
CondensateDisposition254,552 bbl$15,561,180
GasProduction2,996,619 Mcf$9,997,039
Total$25,558,219

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 31.7280, -104.0512. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.72803, -104.05120 · 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
9,556 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 9,556 ft.

Completions filed
Oct 2017
1 of 1 wells

1 well

42-109331443H9,556 ftOct 2017

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 (104)

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

104 months

May 202673017,495106.413.05$130,966
Apr 202689323,26898.932.87$155,117
Mar 2026851,58489.753.15$12,617
Feb 20262598,86063.503.75$49,674
Jan 202652012,78759.138.00$133,017
Dec 202572913,45156.664.41$100,669
Nov 202570717,72458.593.93$111,015
Oct 20252215,61159.383.30$31,666
Sep 202558912,26762.743.08$74,698
Aug 202572813,76063.933.01$88,024
Jul 202581514,38366.743.32$102,076
Jun 202577113,88566.483.13$94,698
May 202582814,50760.553.23$97,027
Apr 202574314,31662.363.54$97,057
Mar 202589015,24667.704.27$125,328
Feb 202568314,13470.884.34$109,764
Jan 202572115,74674.324.28$120,957
Dec 202498821,45168.993.12$135,119
Nov 202456216,76369.052.20$75,659
Oct 202490314,57071.372.28$97,687
Sep 202486314,01269.612.36$93,203
Aug 202477614,66375.632.06$88,948
Jul 202491214,90979.932.15$104,900
Jun 202484414,59378.082.63$104,337
May 202492115,63178.812.20$106,948
Apr 202488615,42984.451.66$100,423
Mar 20241,04416,79180.301.55$109,777
Feb 202486415,74976.091.78$93,832
Jan 202499516,58673.023.30$127,350
Dec 202395517,21371.262.61$112,992
Nov 20231,01316,98977.892.81$126,600
Oct 202370818,63285.443.09$118,014
Sep 202393916,16389.042.74$127,815
Aug 20231,08718,08680.522.67$135,867
Jul 20231,07318,76074.852.64$129,874
Jun 20231,00517,80368.962.26$109,513
May 20231,01018,98170.622.23$113,604
Apr 20231,31319,44978.122.24$146,094
Mar 20231,24820,73272.852.39$140,532
Feb 20231,06620,16575.112.47$129,788
Jan 20231,19120,39876.533.39$160,250
Dec 20221,14321,04176.415.73$207,882
Nov 20221,19820,42385.005.65$217,142
Oct 20221,31421,43787.185.86$240,256
Sep 20221,22122,69984.888.16$288,946
Aug 20221,28422,87594.529.13$330,147
Jul 20221,24821,940101.587.54$292,245
Jun 20221,23323,296115.097.98$327,743
May 20221,40225,940109.378.43$372,090
Apr 20221,16331,697104.226.84$337,939
Mar 20221,41631,340108.885.08$313,268
Feb 20221,40926,32591.054.86$256,198
Jan 20221,38427,01081.844.54$235,829
Dec 20211,68226,09871.323.90$221,719
Nov 20211,20519,24777.435.24$194,097
Oct 20211,40322,17779.795.71$238,662
Sep 20211,50822,97769.865.35$228,297
Aug 20211,45523,11366.024.22$193,610
Jul 20211,75326,17870.783.98$228,320
Jun 20211,81127,43569.493.38$218,594
May 20211,75927,04563.483.02$193,274
Apr 20211,67724,04260.362.76$167,542
Mar 20211,81326,30561.302.72$182,606
Feb 20211,78124,44157.805.55$238,539
Jan 20211,83127,86850.412.81$170,617
Dec 20201,97028,84044.642.68$165,101
Nov 20201,91131,01738.772.71$158,039
Oct 20202,32934,21336.972.48$170,898
Sep 20201,96632,54137.091.99$137,709
Aug 20202,53832,26339.982.39$178,420
Jul 20202,58732,56938.371.83$158,706
Jun 20201,84630,99734.901.69$116,820
May 20201,92232,21216.921.81$90,977
Apr 20202,19032,90014.751.80$91,667
Mar 20202,69136,92130.341.86$150,179
Feb 20202,23333,61649.881.98$177,964
Jan 20202,67532,71457.252.09$221,671
Dec 20192,54833,41459.012.30$227,355
Nov 20193,03734,23455.302.75$262,114
Oct 20193,13937,12753.472.42$257,635
Sep 20192,92535,68755.052.66$255,852
Aug 20193,29638,00053.112.30$262,616
Jul 20193,14138,83156.272.46$272,271
Jun 20193,39639,09452.782.49$276,632
May 20193,62242,08158.482.74$327,130
Apr 20193,65042,31662.632.75$344,998
Mar 20194,35047,42156.803.06$392,288
Feb 20194,01344,22350.852.79$327,541
Jan 20194,46951,96146.033.23$373,448
Dec 20184,59850,50146.594.19$425,590
Nov 20184,88949,69152.934.24$469,327
Oct 20185,39553,53561.443.40$513,385
Sep 20185,56853,61759.543.11$498,160
Aug 20186,18857,16459.403.07$542,864
Jul 20186,30959,31365.142.93$584,867
Jun 20186,97557,95660.183.08$598,081
May 20187,28162,27965.382.90$656,691
Apr 20187,54062,84163.842.90$663,643
Mar 20188,64569,10761.222.79$721,837
Feb 20187,79067,47861.782.77$667,918
Jan 201820,32376,33262.874.01$1,583,746
Dec 201712,42483,87357.272.92$956,559
Nov 201710,58272,83555.423.12$813,580
Oct 20172,4308,41449.292.98$144,879

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           730 bbl  × $106.41 =    $77,679
Gas               17,495 Mcf  × $  3.05 =    $53,287

────────────────────────────────────────────────────
Month total                                 $130,966

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/286198 is the state's own key, not one this site invented.