OWL DRAW 12 UNIT C

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 287845District 08Field 31913800Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$43.4 M
Mar 2019 – May 2026
Value, last 12 filed months
$1.9 M
at the published price for each month
Months reported
87
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
CondensateDisposition551,588 bbl$32,533,196
GasProduction3,394,902 Mcf$10,892,359
Total$43,425,555

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 31.9998, -104.2295. 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
Aug 2019
1 of 1 wells

1 well

42-109333758H9,054 ftAug 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 (87)

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

87 months

May 20261,4897,466106.413.05$181,185
Apr 20262,03910,75198.932.87$232,571
Mar 20261,88511,06989.753.15$204,040
Feb 202641864863.503.75$28,973
Jan 2026221559.138.00$13,108
Dec 20258449,38556.664.41$89,240
Nov 20252,02617,32958.593.93$186,745
Oct 20252,22118,78859.383.30$193,974
Sep 20252,15516,35762.743.08$185,534
Aug 20251,79016,73263.933.01$164,878
Jul 20252,34822,80866.743.32$232,319
Jun 20251,62315,65666.483.13$156,880
May 20251,66315,22360.553.23$149,900
Apr 20252,24020,49062.363.54$212,285
Mar 20252,36118,67967.704.27$239,568
Feb 20251,76218,76670.884.34$206,351
Jan 20251,40716,60074.324.28$175,594
Dec 20242,21522,05868.993.12$221,664
Nov 20241,61618,17569.052.20$151,541
Oct 20242,63527,16271.372.28$250,027
Sep 20242,79527,47269.612.36$259,514
Aug 20242,57325,97075.632.06$248,188
Jul 20242,34422,02579.932.15$234,635
Jun 20242,42327,63678.082.63$261,981
May 20242,67927,81578.812.20$272,282
Apr 20242,86727,12284.451.66$287,119
Mar 20242,91429,02980.301.55$278,848
Feb 20242,63526,56876.091.78$247,885
Jan 20242,90329,87073.023.30$310,478
Dec 20233,59328,70371.262.61$330,973
Nov 20232,59022,68577.892.81$265,425
Oct 20233,56030,07885.443.09$397,026
Sep 20233,55828,59989.042.74$395,024
Aug 20232,91625,06580.522.67$301,792
Jul 20232,71923,97774.852.64$266,860
Jun 20233,02528,14168.962.26$272,160
May 20233,07927,22070.622.23$278,069
Apr 20233,35127,66878.122.24$323,694
Mar 20233,81931,15072.852.39$352,761
Feb 20233,28326,92575.112.47$312,975
Jan 20234,05031,96276.533.39$418,225
Dec 20223,67231,46376.415.73$460,832
Nov 20223,93833,34185.005.65$522,980
Oct 20224,03132,97887.185.86$544,798
Sep 20224,31032,92584.888.16$634,622
Aug 20224,40236,85994.529.13$752,495
Jul 20224,83137,030101.587.54$770,016
Jun 20223,96531,111115.097.98$704,511
May 20224,72335,681109.378.43$817,454
Apr 20224,47635,550104.226.84$709,565
Mar 20225,04938,776108.885.08$746,578
Feb 20224,56534,66991.054.86$584,094
Jan 20225,31341,42481.844.54$622,785
Dec 20215,61445,27171.323.90$576,908
Nov 20215,67142,99877.435.24$664,280
Oct 20215,28741,55779.795.71$659,301
Sep 20215,75543,24969.865.35$633,466
Aug 20216,20448,13166.024.22$612,729
Jul 20216,75049,06670.783.98$673,150
Jun 20216,25043,48569.493.38$581,319
May 20216,20144,89663.483.02$529,121
Apr 20216,70351,05160.362.76$545,413
Mar 20217,87256,48261.302.72$636,012
Feb 20216,87447,82457.805.55$662,642
Jan 20217,78256,61050.412.81$551,380
Dec 20208,70761,82044.642.68$554,077
Nov 20209,27663,33438.772.71$531,048
Oct 20208,35452,76236.972.48$439,614
Sep 202010,51467,89537.091.99$525,146
Aug 202010,77869,41839.982.39$596,473
Jul 202011,24161,91738.371.83$544,323
Jun 202011,53776,77734.901.69$532,418
May 202014,64285,85516.921.81$403,548
Apr 202013,42377,79614.751.80$338,363
Mar 202017,725102,22930.341.86$727,537
Feb 202017,64298,55249.881.98$1,075,182
Jan 202023,161111,06257.252.09$1,558,613
Dec 201927,460128,06959.012.30$1,915,532
Nov 201933,859127,65555.302.75$2,223,543
Oct 201934,075123,68953.472.42$2,121,137
Sep 201940,705124,05055.052.66$2,570,446
Aug 201929,61789,76853.112.30$1,779,817
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0

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         1,489 bbl  × $106.41 =   $158,444
Gas                7,466 Mcf  × $  3.05 =    $22,740

────────────────────────────────────────────────────
Month total                                 $181,185

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/287845 is the state's own key, not one this site invented.