OWL DRAW 12 UNIT E

Operated by COTERRA ENERGY OPERATING CO. (P-5 103285) 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 287805District 08Field 31913800Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$30.8 M
Jul 2019 – May 2026
Value, last 12 filed months
$1.8 M
at the published price for each month
Months reported
83
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

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
CondensateDisposition358,015 bbl$21,088,999
GasProduction2,989,431 Mcf$9,690,034
Total$30,779,033

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 32.0000, -104.2249. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

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
9,054 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 9,054 ft.

Completions filed
Jul 2019
1 of 1 wells

1 well

42-1093337710H9,054 ftJul 2019

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 (83)

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

83 months

May 20261,71832,598106.413.05$282,101
Apr 20261,76814,60198.932.87$216,809
Mar 20261,2316,20689.753.15$130,028
Feb 20261,0953,96663.503.75$84,406
Jan 20261,7343,79759.138.00$132,900
Dec 20253285,13056.664.41$41,225
Nov 20251,29019,54158.593.93$152,308
Oct 20251,47520,85659.383.30$156,511
Sep 20251,44020,07662.743.08$152,118
Aug 20251,21219,46763.933.01$136,171
Jul 20251,35021,43466.743.32$161,157
Jun 20251,07716,12466.483.13$122,046
May 20251,26919,98560.553.23$141,436
Apr 20251,32218,38862.363.54$147,591
Mar 20251,78421,49567.704.27$212,524
Feb 20251,25316,61570.884.34$160,936
Jan 20251,12718,58774.324.28$163,286
Dec 20241,45318,90468.993.12$159,249
Nov 20241,34219,80269.052.20$136,199
Oct 20241,40620,92971.372.28$148,094
Sep 20241,52721,81469.612.36$157,871
Aug 20241,26121,51575.632.06$139,768
Jul 20241,46125,96979.932.15$172,523
Jun 20241,39023,46978.082.63$170,348
May 20241,59124,64178.812.20$179,558
Apr 20241,68523,99684.451.66$182,112
Mar 20241,74926,11980.301.55$180,802
Feb 20241,60524,64276.091.78$166,077
Jan 20241,64226,45473.023.30$207,135
Dec 20232,12327,06571.262.61$221,944
Nov 20231,95825,82077.892.81$225,000
Oct 20232,15126,70585.443.09$266,227
Sep 20232,11625,08689.042.74$257,020
Aug 20231,99825,76080.522.67$229,732
Jul 20231,82424,11874.852.64$200,241
Jun 20232,08623,63468.962.26$197,227
May 20232,02223,54670.622.23$195,240
Apr 20232,11924,93678.122.24$221,337
Mar 20232,34326,94872.852.39$235,178
Feb 20232,00622,52075.112.47$206,198
Jan 20232,49027,72876.533.39$284,494
Dec 20222,18829,97976.415.73$338,937
Nov 20222,37330,41985.005.65$373,457
Oct 20222,44730,77587.185.86$393,787
Sep 20222,72029,45584.888.16$471,335
Aug 20222,70130,94994.529.13$537,775
Jul 20222,85131,144101.587.54$524,495
Jun 20222,18626,491115.097.98$462,911
May 20223,11835,019109.378.43$636,332
Apr 20222,91232,520104.226.84$525,847
Mar 20223,19233,891108.885.08$519,589
Feb 20222,93030,43991.054.86$414,675
Jan 20223,36835,80381.844.54$438,100
Dec 20213,55437,40271.323.90$399,306
Nov 20213,48135,50077.435.24$455,442
Oct 20213,65238,55579.795.71$511,691
Sep 20213,67538,27169.865.35$461,521
Aug 20213,93942,06766.024.22$437,600
Jul 20214,26143,26570.783.98$473,878
Jun 20214,15340,09269.493.38$424,128
May 20214,09840,49463.483.02$382,339
Apr 20214,29844,03660.362.76$380,897
Mar 20215,11848,26061.302.72$444,853
Feb 20214,27739,86457.805.55$468,374
Jan 20215,00451,19550.412.81$396,123
Dec 20205,54853,70344.642.68$391,343
Nov 20205,75552,52738.772.71$365,289
Oct 20205,90355,98836.972.48$356,996
Sep 20206,76059,61037.091.99$369,414
Aug 20206,05459,44939.982.39$383,831
Jul 20207,48963,20238.371.83$402,704
Jun 20206,78357,43434.901.69$333,808
May 20208,95672,73216.921.81$283,526
Apr 20209,08569,20214.751.80$258,870
Mar 202011,10376,12130.341.86$478,163
Feb 202011,23075,43849.881.98$709,570
Jan 202014,32384,95757.252.09$997,955
Dec 201916,20590,53659.012.30$1,164,885
Nov 201919,88693,66655.302.75$1,357,343
Oct 201922,160103,79053.472.42$1,435,915
Sep 201922,40981,17255.052.66$1,449,312
Aug 201930,049101,36553.112.30$1,829,484
Jul 201901,66856.272.46$4,103

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         1,718 bbl  × $106.41 =   $182,812
Gas               32,598 Mcf  × $  3.05 =    $99,288

────────────────────────────────────────────────────
Month total                                 $282,101

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/287805 is the state's own key, not one this site invented.