DOUG HOLMES 566

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 280558District 10Field 687351202 tax incentive programmesCondensateGasSaveExport
Value, all time
$14.7 M
Dec 2015 – May 2026
Value, last 12 filed months
$553 k
at the published price for each month
Months reported
126
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 Gas112016-09-26219319
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
CondensateDisposition179,049 bbl$7,738,400
GasProduction2,345,244 Mcf$6,972,019
Total$14,710,419

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 36.2450, -100.6896. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.24499, -100.68964 · 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
7,082 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 7,082 ft.

Completions filed
Dec 2015
1 of 1 wells

1 well

42-357335794H7,082 ftDec 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 (126)

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

126 months

May 202606,662106.413.05$20,291
Apr 20265496,81798.932.87$73,875
Mar 20261947,65189.753.15$41,508
Feb 20261967,28663.503.75$39,771
Jan 20261948,17359.138.00$76,838
Dec 202507,73656.664.41$34,142
Nov 20253928,17158.593.93$55,050
Oct 20251928,58259.383.30$39,763
Sep 20252008,51962.743.08$38,760
Aug 20253898,51663.933.01$50,542
Jul 20251958,83266.743.32$42,294
Jun 20251978,74766.483.13$40,463
May 20254028,98160.553.23$53,371
Apr 20251958,91962.363.54$43,761
Mar 20254009,15467.704.27$66,152
Feb 20252008,64470.884.34$51,698
Jan 20253899,21874.324.28$68,351
Dec 20241869,71068.993.12$43,141
Nov 202406,99269.052.20$15,371
Oct 202419410,13471.372.28$36,965
Sep 20243839,92969.612.36$50,136
Aug 202418410,03175.632.06$34,616
Jul 202438510,37779.932.15$53,048
Jun 202419810,14978.082.63$42,192
May 202438110,25978.812.20$52,580
Apr 20241608,04584.451.66$26,860
Mar 202439110,98680.301.55$48,372
Feb 20242029,68076.091.78$32,636
Jan 2024404073.023.30$29,500
Dec 202339010,77971.262.61$55,932
Nov 202338611,10777.892.81$61,249
Oct 202337410,97485.443.09$65,834
Sep 202338010,88589.042.74$63,606
Aug 202302,85680.522.67$7,634
Jul 202338710,52474.852.64$56,769
Jun 202319010,15768.962.26$36,042
May 202339411,60270.622.23$53,667
Apr 202355511,82778.122.24$69,823
Mar 2023010,65672.852.39$25,502
Feb 20233819,27575.112.47$51,486
Jan 202316710,09476.533.39$46,976
Dec 20223929,70076.415.73$85,525
Nov 20223838,92785.005.65$82,959
Oct 20225869,66587.185.86$107,761
Sep 20223709,98584.888.16$112,920
Aug 20223519,70294.529.13$121,728
Jul 20223719,001101.587.54$105,572
Jun 202207,027115.097.98$56,056
May 20221907,021109.378.43$79,989
Apr 202202,614104.226.84$17,873
Mar 202202,154108.885.08$10,935
Feb 20221665,90891.054.86$43,820
Jan 20223768,70181.844.54$70,254
Dec 202108,47271.323.90$33,033
Nov 202109,02777.435.24$47,273
Oct 202109,18879.795.71$52,499
Sep 20213699,39769.865.35$76,061
Aug 202109,99066.024.22$42,164
Jul 2021010,06370.783.98$40,072
Jun 202136911,21869.493.38$63,566
May 202136811,68063.483.02$58,607
Apr 202137011,10560.362.76$52,965
Mar 202136811,49761.302.72$53,795
Feb 20213798,76057.805.55$70,506
Jan 202151711,14050.412.81$57,368
Dec 2020010,49244.642.68$28,071
Nov 202036913,47938.772.71$50,788
Oct 202037813,47936.972.48$47,381
Sep 2020012,53337.091.99$24,954
Aug 2020012,58939.982.39$30,026
Jul 202053614,10638.371.83$46,311
Jun 202055512,18234.901.69$39,961
May 202019614,71216.921.81$30,015
Apr 202057815,04214.751.80$35,667
Mar 202056415,77230.341.86$46,388
Feb 202039216,29849.881.98$51,834
Jan 202074516,79457.252.09$77,830
Dec 201957816,83659.012.30$72,904
Nov 201956017,08255.302.75$77,955
Oct 201958217,92553.472.42$74,472
Sep 201974117,65255.052.66$87,698
Aug 201972418,28553.112.30$80,587
Jul 201952319,71456.272.46$77,927
Jun 201979419,65652.782.49$90,874
May 201974820,46058.482.74$99,810
Apr 201976020,22662.632.75$103,234
Mar 201970821,78656.803.06$106,925
Feb 201973319,58350.852.79$91,953
Jan 201994221,47646.033.23$112,689
Dec 201896521,97246.594.19$136,922
Nov 201896121,87152.934.24$143,538
Oct 201893822,75961.443.40$134,968
Sep 201892122,54259.543.11$124,897
Aug 20181,10723,78959.403.07$138,706
Jul 20181,03323,24365.142.93$135,435
Jun 201895723,14760.183.08$128,814
May 20181,32024,37865.382.90$157,017
Apr 20181,30824,04563.842.90$153,252
Mar 20181,14724,95461.222.79$139,762
Feb 20181,26522,53361.782.77$140,481
Jan 20181,31323,78362.874.01$177,902
Dec 20171,15426,22757.272.92$142,712
Nov 20171,71226,12555.423.12$176,346
Oct 20171,49928,66849.292.98$159,422
Sep 20171,78728,02347.523.09$171,433
Aug 20171,62527,22945.373.00$155,533
Jul 20172,19028,50443.873.09$184,075
Jun 20171,81828,74942.493.09$166,003
May 20172,34630,38245.373.26$205,587
Apr 20172,03832,67247.933.21$202,611
Mar 20172,73435,45446.772.98$233,653
Feb 20172,57334,86950.452.95$232,762
Jan 20173,14239,25549.413.42$289,451
Dec 20163,12640,54648.763.72$303,370
Nov 20163,74843,29742.492.64$273,745
Oct 20164,39347,56246.193.09$349,892
Sep 20164,20645,22941.553.10$314,998
Aug 20166,06055,72341.442.92$414,079
Jul 20165,24653,82341.622.92$375,735
Jun 20165,37730,25245.352.69$325,099
May 20163,50028,70042.521.99$205,963
Apr 20169,68181,90936.561.99$517,021
Mar 201612,79294,63533.011.79$592,040
Feb 201614,36779,20926.472.06$543,753
Jan 201619,77976,15427.352.36$721,011
Dec 201519,33445,29532.362.00$716,302

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                6,662 Mcf  × $  3.05 =    $20,291

────────────────────────────────────────────────────
Month total                                  $20,291

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/280558 is the state's own key, not one this site invented.