CALCOTE 63

Operated by FORMENTERA OPERATIONS LLC (P-5 276959) in the MILLS RANCH (GRANITE WASH CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 276378District 10Field 616912352 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.3 M
Jul 2014 – May 2026
Value, last 12 filed months
$242 k
at the published price for each month
Months reported
143
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 274 leases and 400 wells, and the rule below applies to all of them.

Discovered
2010-02-23
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2013-07-09.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET #01-0299858.

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 Gas112016-05-16217986
NGPA2none

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
CondensateDisposition93,044 bbl$5,369,755
GasProduction590,158 Mcf$1,908,553
Total$7,278,309

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 35.4294, -100.0208. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.42944, -100.02082 · 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
11,538 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 11,538 ft.

Completions filed
Jul 2014
1 of 1 wells

1 well

42-483338176H11,538 ftJul 2014

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 (143)

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

143 months

May 2026352,177106.413.05$10,355
Apr 2026462,09698.932.87$10,566
Mar 20261682,24089.753.15$22,133
Feb 20261322,47463.503.75$17,660
Jan 2026752,30959.138.00$22,902
Dec 20252232,51656.664.41$23,739
Nov 20251852,45158.593.93$20,463
Oct 20252273,05659.383.30$23,579
Sep 20252352,71662.743.08$23,101
Aug 20252202,74363.933.01$22,334
Jul 20252272,44966.743.32$23,269
Jun 20252092,47666.483.13$21,641
May 20252662,39060.553.23$23,832
Apr 20251612,16462.363.54$17,707
Mar 20253032,09767.704.27$29,464
Feb 20252192,24170.884.34$25,251
Jan 20253352,52374.324.28$35,692
Dec 20242582,71368.993.12$26,268
Nov 20243452,62069.052.20$29,582
Oct 20242542,51471.372.28$23,863
Sep 20241972,44369.612.36$19,489
Aug 20242002,28375.632.06$19,837
Jul 20241462,30079.932.15$16,607
Jun 20242042,38878.082.63$22,218
May 20241912,51178.812.20$20,573
Apr 20241312,38884.451.66$15,025
Mar 20242862,55780.301.55$26,917
Feb 20241412,34576.091.78$14,911
Jan 20241932,23173.023.30$21,450
Dec 20232362,54071.262.61$23,449
Nov 20231922,50877.892.81$21,996
Oct 20233122,84785.443.09$35,447
Sep 2023812,58789.042.74$14,288
Aug 20231262,89580.522.67$17,884
Jul 20231972,74874.852.64$22,005
Jun 20232512,90368.962.26$23,865
May 20231982,86770.622.23$20,369
Apr 20232352,86978.122.24$24,778
Mar 20232192,83372.852.39$22,734
Feb 20232252,85375.112.47$23,934
Jan 20232832,94176.533.39$31,621
Dec 20221903,06676.415.73$32,083
Nov 20221781,89485.005.65$25,824
Oct 20222682,96287.185.86$40,733
Sep 20222272,79784.888.16$42,102
Aug 20223342,88194.529.13$57,865
Jul 20223042,920101.587.54$52,903
Jun 20222472,919115.097.98$51,713
May 20223943,160109.378.43$69,740
Apr 20223183,011104.226.84$53,730
Mar 20223793,099108.885.08$56,997
Feb 20223982,79691.054.86$49,823
Jan 20224373,17781.844.54$50,180
Dec 20217123,10871.323.90$62,898
Nov 2021713,05577.435.24$21,496
Oct 20212783,07979.795.71$39,775
Sep 20214042,87069.865.35$43,581
Aug 20214452,58566.024.22$40,289
Jul 20213772,57070.783.98$36,918
Jun 20215942,89669.493.38$51,067
May 20215272,18063.483.02$40,032
Apr 202164060.362.76$3,863
Mar 20214983,35461.302.72$39,640
Feb 20212021,91957.805.55$22,322
Jan 20213785,20650.412.81$33,685
Dec 20204843,62944.642.68$31,315
Nov 20204243,58938.772.71$26,152
Oct 20205533,51136.972.48$29,146
Sep 20204543,52037.091.99$23,847
Aug 20204903,27839.982.39$27,409
Jul 20205243,53338.371.83$26,554
Jun 20204033,58434.901.69$20,123
May 20207353,61016.921.81$18,987
Apr 20206033,62614.751.80$15,437
Mar 20206003,86730.341.86$25,382
Feb 20205873,77349.881.98$36,753
Jan 20204754,88457.252.09$37,424
Dec 20195884,64759.012.30$45,406
Nov 20194104,84955.302.75$36,011
Oct 20195924,78253.472.42$43,220
Sep 20196024,35255.052.66$44,705
Aug 20196034,52053.112.30$42,441
Jul 20194464,00556.272.46$34,949
Jun 20194294,47452.782.49$33,788
May 20194504,57258.482.74$38,845
Apr 20194834,58762.632.75$42,868
Mar 20193974,12856.803.06$35,190
Feb 20193584,48350.852.79$30,722
Jan 20195514,97246.033.23$41,413
Dec 20185064,83246.594.19$43,799
Nov 20184543,20052.934.24$37,589
Oct 20185164,57061.443.40$47,232
Sep 20184793,68059.543.11$39,957
Aug 20184924,67359.403.07$43,555
Jul 20184694,34265.142.93$43,281
Jun 20186354,47260.183.08$51,974
May 20185263,38865.382.90$44,218
Apr 20184804,90463.842.90$44,869
Mar 20186254,42861.222.79$50,603
Feb 20185373,86261.782.77$43,859
Jan 20186854,74262.874.01$62,078
Dec 20177034,72657.272.92$54,068
Nov 20179535,27855.423.12$69,274
Oct 20178905,75549.292.98$61,039
Sep 20179005,35047.523.09$59,285
Aug 20171,1714,81445.373.00$67,591
Jul 20177964,76243.873.09$49,622
Jun 20179294,81242.493.09$54,329
May 20179985,32045.373.26$62,641
Apr 20179715,24947.933.21$63,398
Mar 20171,0095,13646.772.98$62,515
Feb 20178655,27250.452.95$59,205
Jan 20171,1185,38049.413.42$73,634
Dec 20161,1965,18248.763.72$77,609
Nov 20169424,64742.492.64$52,314
Oct 20168435,05946.193.09$54,572
Sep 20161,2404,63841.553.10$65,903
Aug 20161,1604,64741.442.92$61,660
Jul 20161,0334,90141.622.92$57,326
Jun 20161,1344,95245.352.69$64,727
May 20161,0015,25942.521.99$53,033
Apr 20161,1595,24436.561.99$52,814
Mar 20161,1454,84733.011.79$46,492
Feb 20169665,07326.472.06$36,039
Jan 20161,0315,09827.352.36$40,251
Dec 20151,0545,89932.362.00$45,914
Nov 20151,1256,36538.792.17$57,434
Oct 20151,0497,17643.552.43$63,097
Sep 20151,1477,00342.992.76$68,627
Aug 20151,2037,48940.162.87$69,825
Jul 20151,2347,29148.152.95$80,890
Jun 20151,4177,65256.152.88$101,624
May 20151,4727,64855.212.96$103,872
Apr 20151,7397,70149.822.71$107,480
Mar 20151,8157,64742.892.93$100,287
Feb 20151,5907,11144.662.98$92,173
Jan 20151,9348,20643.433.10$109,437
Dec 20142,2798,51354.693.59$155,212
Nov 20142,5308,25870.464.25$213,375
Oct 20142,9679,30878.303.90$268,626
Sep 20142,72210,37886.164.05$276,511
Aug 20143,16812,26089.394.04$332,658
Jul 20143,21011,67896.564.18$358,767

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            35 bbl  × $106.41 =     $3,724
Gas                2,177 Mcf  × $  3.05 =     $6,631

────────────────────────────────────────────────────
Month total                                  $10,355

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/276378 is the state's own key, not one this site invented.