COURSON RANCH 159

Operated by LATIGO PETROLEUM, LLC (P-5 488260) in the LIPS (CLEVELAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 254463District 10Field 538473322 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.6 M
Feb 2009 – May 2026
Value, last 12 filed months
$131 k
at the published price for each month
Months reported
208
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 37 leases and 40 wells, and the rule below applies to all of them.

Discovered
1958-02-06
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2008-05-01.

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 08/01/2000.

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 Gas112010-07-16198786
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
CondensateDisposition13,881 bbl$1,087,909
GasProduction2,112,062 Mcf$7,495,216
Total$8,583,125

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 36.0444, -100.8348. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.04445, -100.83483 · 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
10,450 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 10,450 ft.

Completions filed
Oct 2008
1 of 1 wells

1 well

42-393318944 H10,450 ftOct 2008

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 (208)

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

208 months

May 202601,824106.413.05$5,556
Apr 2026035098.932.87$1,004
Mar 202602,59189.753.15$8,160
Feb 202602,67763.503.75$10,040
Jan 202602,60559.138.00$20,835
Dec 202502,98956.664.41$13,192
Nov 202502,88658.593.93$11,332
Oct 20251803,13759.383.30$21,056
Sep 202503,14662.743.08$9,680
Aug 202503,29863.933.01$9,943
Jul 202503,39966.743.32$11,268
Jun 202502,88366.483.13$9,020
May 202503,46260.553.23$11,190
Apr 202502,86862.363.54$10,162
Mar 202503,25367.704.27$13,885
Feb 202502,76470.884.34$11,998
Jan 202502,75874.324.28$11,801
Dec 20241702,85368.993.12$20,634
Nov 202402,88769.052.20$6,347
Oct 202402,84371.372.28$6,486
Sep 202403,06969.612.36$7,256
Aug 202402,97875.632.06$6,145
Jul 202403,03679.932.15$6,517
Jun 20241783,04178.082.63$21,908
May 202403,07078.812.20$6,749
Apr 202403,34384.451.66$5,547
Mar 202401,72280.301.55$2,661
Feb 20241813,37076.091.78$19,783
Jan 202403,58373.023.30$11,816
Dec 202303,60471.262.61$9,409
Nov 20231713,70977.892.81$23,732
Oct 20231792,69185.443.09$23,602
Sep 20231782,50689.042.74$22,703
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 2023057868.962.26$1,305
May 202303,77470.622.23$8,406
Apr 20231803,73378.122.24$22,415
Mar 20231824,24472.852.39$23,415
Feb 20231763,53575.112.47$21,936
Jan 20231774,20676.533.39$27,795
Dec 20221773,53076.415.73$33,748
Nov 20221764,20385.005.65$38,691
Oct 20221814,62287.185.86$42,882
Sep 202204,45184.888.16$36,337
Aug 20221712,91394.529.13$42,750
Jul 2022095101.587.54$717
Jun 20220463115.097.98$3,693
May 20221691,628109.378.43$32,213
Apr 2022481765104.226.84$55,361
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 202102,00079.795.71$11,428
Sep 20213542,42369.865.35$37,696
Aug 202103,43266.024.22$14,485
Jul 202103,48770.783.98$13,886
Jun 202103,06169.493.38$10,348
May 202102,76963.483.02$8,356
Apr 202102,61660.362.76$7,216
Mar 202102,70361.302.72$7,344
Feb 202101,74257.805.55$9,665
Jan 202103,20850.412.81$9,015
Dec 202003,11644.642.68$8,337
Nov 2020032238.772.71$872
Oct 202003,91736.972.48$9,708
Sep 202003,67637.091.99$7,319
Aug 202003,93839.982.39$9,393
Jul 202003,74938.371.83$6,842
Jun 202003,68734.901.69$6,232
May 202003,69016.921.81$6,696
Apr 202003,66714.751.80$6,617
Mar 202003,66330.341.86$6,799
Feb 202002,03649.881.98$4,033
Jan 202003,20357.252.09$6,709
Dec 201902,59959.012.30$5,989
Nov 201903,10355.302.75$8,535
Oct 201902,21053.472.42$5,345
Sep 201901,81555.052.66$4,823
Aug 201902,29853.112.30$5,295
Jul 201902,01756.272.46$4,962
Jun 201901,98752.782.49$4,950
May 201901,80458.482.74$4,944
Apr 201901,95062.632.75$5,364
Mar 20191763,30956.803.06$20,129
Feb 201905,84650.852.79$16,323
Jan 201905,53846.033.23$17,878
Dec 201804,97046.594.19$20,802
Nov 201804,11752.934.24$17,445
Oct 201805,77161.443.40$19,610
Sep 201819,53959.543.11$29,707
Aug 2018010,82159.403.07$33,183
Jul 2018012,99565.142.93$38,100
Jun 201817611,06460.183.08$44,635
May 2018019,11165.382.90$55,437
Apr 2018012,30963.842.90$35,706
Mar 201835512,32561.222.79$56,081
Feb 2018012,67461.782.77$35,058
Jan 2018012,69362.874.01$50,890
Dec 2017013,29557.272.92$38,842
Nov 2017013,99855.423.12$43,651
Oct 2017014,02749.292.98$41,852
Sep 201753513,92247.523.09$68,404
Aug 2017010,82745.373.00$32,529
Jul 2017015,32943.873.09$47,325
Jun 2017015,01142.493.09$46,343
May 2017015,14645.373.26$49,427
Apr 201717812,08247.933.21$47,334
Mar 201707,09746.772.98$21,175
Feb 201707,82050.452.95$23,089
Jan 201708,60749.413.42$29,426
Dec 2016010,37248.763.72$38,613
Nov 2016013,79342.492.64$36,474
Oct 2016020,92246.193.09$64,654
Sep 2016019,54041.553.10$60,586
Aug 2016018,90941.442.92$55,296
Jul 201609,11441.622.92$26,652
Jun 201617910,21845.352.69$35,561
May 2016011,17042.521.99$22,240
Apr 2016311,02236.561.99$22,055
Mar 2016010,05933.011.79$18,046
Feb 201609,79026.472.06$20,203
Jan 2016010,17127.352.36$24,048
Dec 2015011,78932.362.00$23,595
Nov 201519410,09238.792.17$29,398
Oct 2015028,32143.552.43$68,723
Sep 2015013,38642.992.76$36,924
Aug 2015015,03640.162.87$43,191
Jul 201509,82948.152.95$28,947
Jun 201538511,65056.152.88$55,203
May 2015011,78955.212.96$34,842
Apr 2015012,05849.822.71$32,636
Mar 2015015,00542.892.93$44,035
Feb 2015014,25144.662.98$42,414
Jan 2015016,37743.433.10$50,779
Dec 2014017,02254.693.59$61,132
Nov 2014018,46270.464.25$78,497
Oct 201419419,15878.303.90$89,925
Sep 2014020,55786.164.05$83,162
Aug 201401,21789.394.04$4,911
Jul 201417822,27896.564.18$110,301
Jun 201418821,37898.164.74$119,719
May 201418919,49994.734.73$110,067
Apr 2014010,92195.944.81$52,520
Mar 201417310,89995.895.06$71,703
Feb 201408,89897.406.19$55,096
Jan 201417310,08990.404.86$64,679
Dec 201319110,96391.824.35$65,276
Nov 2013011,71688.853.74$43,798
Oct 2013012,43497.423.78$46,993
Sep 2013011,895104.113.72$44,223
Aug 2013012,072104.253.52$42,525
Jul 201319213,021102.523.72$68,093
Jun 2013012,85494.403.93$50,560
May 2013015,49294.834.15$64,278
Apr 2013013,20393.964.28$56,543
Mar 201318014,76693.623.91$74,629
Feb 2013014,00891.233.42$47,906
Jan 2013017,03391.603.42$58,251
Dec 2012019,43886.773.42$66,481
Nov 2012018,22486.953.62$66,061
Oct 201219121,15889.383.40$89,002
Sep 2012021,00894.672.92$61,310
Aug 201219421,83392.662.91$81,470
Jul 201219121,73385.133.02$81,911
Jun 2012021,86579.822.52$55,079
May 201219322,94191.612.49$74,765
Apr 201258123,870101.652.00$106,722
Mar 201219117,744105.052.22$59,493
Feb 2012016,952101.102.57$43,571
Jan 2012017,05498.092.73$46,627
Dec 201119316,68996.873.24$72,764
Nov 2011016,13495.723.31$53,424
Oct 201119819,12984.983.65$86,619
Sep 201119918,73783.623.99$91,322
Aug 201118519,40783.404.15$95,955
Jul 201118819,56094.144.52$106,056
Jun 2011019,25892.904.64$89,355
May 2011015,69598.134.40$69,134
Apr 201120012,158105.964.33$73,876
Mar 2011017,20896.364.06$69,819
Feb 201119415,09685.644.18$79,715
Jan 201120119,39986.504.59$106,404
Dec 201019917,74685.734.35$94,215
Nov 2010019,88580.843.80$75,470
Oct 201019721,18378.103.51$89,715
Sep 201019418,97472.633.98$89,597
Aug 201019221,32173.684.42$108,372
Jul 201019423,52472.554.74$125,496
Jun 201017819,74870.364.91$109,495
May 201038422,14771.124.24$121,108
Apr 2010020,06381.694.12$82,714
Mar 201019619,22878.394.39$99,750
Feb 201019517,82673.585.44$111,364
Jan 201019521,63774.365.96$143,545
Dec 200919421,16271.445.48$129,906
Nov 2009020,79774.593.75$78,020
Oct 200919021,98872.544.11$104,159
Sep 2009021,50965.543.06$65,920
Aug 2009021,82267.423.22$70,234
Jul 200919722,46361.133.46$89,866
Jun 200918820,51166.163.90$92,328
May 2009022,34254.743.93$87,709
Apr 200919221,61746.773.59$86,531
Mar 200919622,08342.144.06$97,894
Feb 2009021,63232.814.63$100,221

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             0 bbl  × $106.41 =         $0
Gas                1,824 Mcf  × $  3.05 =     $5,556

────────────────────────────────────────────────────
Month total                                   $5,556

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. 10/G/254463 is the state's own key, not one this site invented.