HALLIBURTON 849

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

Gas lease lease 280463District 10Field 687351202 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.0 M
Oct 2015 – May 2026
Value, last 12 filed months
$123 k
at the published price for each month
Months reported
128
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 965 leases and 1,339 wells, and the rule below applies to all of them.

Discovered
1974-03-21
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2011-04-18.

The Commission's schedule remark for this field reads: PRORATION ACRES PLATS ARE REQUIRED.

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 Gas112016-10-06219217
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
CondensateDisposition41,101 bbl$2,054,516
GasProduction311,454 Mcf$906,589
Total$2,961,104

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 36.3319, -100.5667. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.33187, -100.56672 · 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
7,316 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 7,316 ft.

Completions filed
Oct 2015
1 of 1 wells

1 well

42-357335924H7,316 ftOct 2015

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 (128)

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

128 months

May 2026194717106.413.05$22,827
Apr 2026071398.932.87$2,046
Mar 202619578289.753.15$19,964
Feb 2026079663.503.75$2,985
Jan 2026085959.138.00$6,870
Dec 202501,21756.664.41$5,371
Nov 2025047958.593.93$1,881
Oct 20251961,47259.383.30$16,503
Sep 202501,44862.743.08$4,455
Aug 202501,49263.933.01$4,498
Jul 20251931,45966.743.32$17,718
Jun 20251941,53366.483.13$17,693
May 202501,34760.553.23$4,354
Apr 20251881,43462.363.54$16,805
Mar 202501,47567.704.27$6,296
Feb 202501,73570.884.34$7,531
Jan 20253641,58974.324.28$33,851
Dec 20241931,54568.993.12$18,138
Nov 20242001,55969.052.20$17,237
Oct 20241891,69171.372.28$17,347
Sep 20241811,66769.612.36$16,541
Aug 20245651,58875.632.06$46,008
Jul 202401,71879.932.15$3,688
Jun 20241861,68578.082.63$18,961
May 20241952,00078.812.20$19,765
Apr 202401,68384.451.66$2,792
Mar 20241771,02380.301.55$15,794
Feb 202417593876.091.78$14,989
Jan 2024198073.023.30$14,458
Dec 20231981,20171.262.61$17,245
Nov 202319474677.892.81$17,205
Oct 20231581,11785.443.09$16,948
Sep 20233461,13689.042.74$33,915
Aug 20231651,19180.522.67$16,469
Jul 202301,10974.852.64$2,930
Jun 20233731,10568.962.26$28,218
May 20231931,14970.622.23$16,189
Apr 2023081478.122.24$1,822
Mar 202319545872.852.39$15,302
Feb 2023031475.112.47$774
Jan 202373485376.533.39$59,063
Dec 20222041,10476.415.73$21,913
Nov 2022015085.005.65$847
Oct 202219492287.185.86$22,319
Sep 202206984.888.16$563
Aug 2022011594.529.13$1,050
Jul 2022180630101.587.54$23,036
Jun 202201,504115.097.98$11,998
May 20223471,521109.378.43$50,778
Apr 202201,562104.226.84$10,680
Mar 20225591,463108.885.08$68,291
Feb 20221951,18591.054.86$23,512
Jan 20225721,61981.844.54$54,159
Dec 2021016671.323.90$647
Nov 2021049977.435.24$2,613
Oct 2021067079.795.71$3,828
Sep 202135669869.865.35$28,605
Aug 2021060566.024.22$2,553
Jul 2021096170.783.98$3,827
Jun 2021098669.493.38$3,333
May 202136094163.483.02$25,692
Apr 202138594260.362.76$25,837
Mar 20211822,25061.302.72$17,270
Feb 20211762,38357.805.55$23,394
Jan 20215973,49550.412.81$39,917
Dec 2020052344.642.68$1,399
Nov 20203691,41038.772.71$18,122
Oct 20203651,41036.972.48$16,989
Sep 202005,06637.091.99$10,087
Aug 202005,46739.982.39$13,039
Jul 20205565,70238.371.83$31,741
Jun 20205565,72134.901.69$29,075
May 20203865,53416.921.81$16,574
Apr 20203875,49614.751.80$15,625
Mar 202005,76930.341.86$10,709
Feb 20204784349.881.98$4,014
Jan 20205699857.252.09$5,297
Dec 2019701,41159.012.30$7,382
Nov 2019631,47755.302.75$7,547
Oct 20191021,52053.472.42$9,130
Sep 2019671,55955.052.66$7,831
Aug 2019941,69553.112.30$8,898
Jul 20191361,91456.272.46$12,361
Jun 20192373,41252.782.49$21,009
May 20192053,07858.482.74$20,423
Apr 20191713,14662.632.75$19,363
Mar 20191822,78256.803.06$18,856
Feb 20191392,59550.852.79$14,314
Jan 20191302,86546.033.23$15,233
Dec 20182172,91846.594.19$22,323
Nov 20181963,33052.934.24$24,484
Oct 20183903,54261.443.40$35,998
Sep 2018593,09759.543.11$13,138
Aug 20183483,61359.403.07$31,751
Jul 20182765,88265.142.93$35,224
Jun 20184158860.183.08$4,277
May 20182835,01765.382.90$33,056
Apr 20182564,98863.842.90$30,812
Mar 20183034,60161.222.79$31,372
Feb 20182804,36161.782.77$29,361
Jan 20181121962.874.01$1,570
Dec 20174049357.272.92$3,731
Nov 20173914,12255.423.12$34,523
Oct 201769311,63849.292.98$68,882
Sep 20173697,13347.523.09$39,556
Aug 20172268,48145.373.00$35,734
Jul 20173679,19643.873.09$44,491
Jun 201733611,26942.493.09$49,067
May 20174359,75445.373.26$51,567
Apr 20173325,77647.933.21$34,463
Mar 20174853,71346.772.98$33,762
Feb 20173761,88050.452.95$24,520
Jan 20173962,79149.413.42$29,108
Dec 20165182,38548.763.72$34,137
Nov 201655237742.492.64$24,451
Oct 201651375446.193.09$26,026
Sep 2016919441.553.10$4,073
Aug 201671271041.442.92$31,582
Jul 201674082241.622.92$33,203
Jun 2016791145.352.69$35,875
May 2016857242.521.99$36,444
Apr 20161,121236.561.99$40,988
Mar 20161,4665,88633.011.79$58,952
Feb 20162,2006,73626.472.06$72,135
Jan 20161,921227.352.36$52,544
Dec 20152,28711,02432.362.00$96,071
Nov 20154,37016,60638.792.17$205,503
Oct 201589298143.552.43$41,227

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           194 bbl  × $106.41 =    $20,644
Gas                  717 Mcf  × $  3.05 =     $2,184

────────────────────────────────────────────────────
Month total                                  $22,827

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/280463 is the state's own key, not one this site invented.