COURSON -B- 12

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 280623District 10Field 687351202 tax incentive programmesCondensateGasSaveExport
Value, all time
$764 k
May 2015 – May 2026
Value, last 12 filed months
$49 k
at the published price for each month
Months reported
133
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 Gas112017-01-12219401
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
CondensateDisposition7,533 bbl$481,312
GasProduction92,024 Mcf$282,384
Total$763,696

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 36.0208, -100.9877. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.02080, -100.98774 · 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
8,841 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 8,841 ft.

Completions filed
May 2015
1 of 1 wells

1 well

42-3933120512388,841 ftMay 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 (133)

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

133 months

May 20260244106.413.05$743
Apr 2026022698.932.87$649
Mar 202616922489.753.15$15,873
Feb 2026018663.503.75$698
Jan 2026021959.138.00$1,752
Dec 2025021656.664.41$953
Nov 2025022258.593.93$872
Oct 202519324559.383.30$12,270
Sep 2025020262.743.08$622
Aug 2025024063.933.01$724
Jul 2025017166.743.32$567
Jun 202519012766.483.13$13,029
May 2025023860.553.23$769
Apr 2025024762.363.54$875
Mar 202517125667.704.27$12,669
Feb 2025017470.884.34$755
Jan 2025017874.324.28$762
Dec 2024016268.993.12$506
Nov 202418720369.052.20$13,359
Oct 2024026271.372.28$598
Sep 202419424669.612.36$14,086
Aug 2024020275.632.06$417
Jul 2024025479.932.15$545
Jun 202418224578.082.63$14,856
May 2024022578.812.20$495
Apr 2024024084.451.66$398
Mar 202418023880.301.55$14,822
Feb 202418829076.091.78$14,822
Jan 20240073.023.30$0
Dec 2023020271.262.61$527
Nov 202319325577.892.81$15,749
Oct 2023027485.443.09$846
Sep 202318620089.042.74$17,108
Aug 2023022680.522.67$604
Jul 2023014274.852.64$375
Jun 2023028268.962.26$637
May 2023043170.622.23$960
Apr 202319250878.122.24$16,136
Mar 2023054772.852.39$1,309
Feb 202319545475.112.47$15,766
Jan 2023051276.533.39$1,735
Dec 202219048076.415.73$17,268
Nov 202220153585.005.65$20,106
Oct 2022043987.185.86$2,574
Sep 202219246984.888.16$20,126
Aug 2022049794.529.13$4,536
Jul 2022188443101.587.54$22,438
Jun 2022190442115.097.98$25,393
May 20220418109.378.43$3,525
Apr 20220469104.226.84$3,207
Mar 20220359108.885.08$1,822
Feb 2022042391.054.86$2,055
Jan 202217135481.844.54$15,601
Dec 2021035271.323.90$1,372
Nov 2021042277.435.24$2,210
Oct 2021035279.795.71$2,011
Sep 2021043369.865.35$2,317
Aug 2021039666.024.22$1,671
Jul 2021034970.783.98$1,390
Jun 2021043969.493.38$1,484
May 202118679863.483.02$14,215
Apr 2021079860.362.76$2,201
Mar 2021079861.302.72$2,168
Feb 2021079857.805.55$4,427
Jan 2021079850.412.81$2,243
Dec 2020079844.642.68$2,135
Nov 2020079838.772.71$2,160
Oct 2020079836.972.48$1,978
Sep 2020083137.091.99$1,655
Aug 20200039.982.39$0
Jul 2020094538.371.83$1,725
Jun 202001,05234.901.69$1,778
May 202001,08016.921.81$1,960
Apr 202001,04214.751.80$1,880
Mar 20200030.341.86$0
Feb 2020077749.881.98$1,539
Jan 202018560757.252.09$11,863
Dec 2019034059.012.30$783
Nov 2019032055.302.75$880
Oct 2019032753.472.42$791
Sep 2019034755.052.66$922
Aug 2019034253.112.30$788
Jul 2019032356.272.46$795
Jun 2019036652.782.49$912
May 201918244658.482.74$11,866
Apr 2019063362.632.75$1,741
Mar 2019070556.803.06$2,159
Feb 2019076250.852.79$2,128
Jan 2019099946.033.23$3,225
Dec 201818592346.594.19$12,482
Nov 2018090252.934.24$3,822
Oct 201837195261.443.40$26,029
Sep 2018089559.543.11$2,782
Aug 2018092359.403.07$2,830
Jul 2018095865.142.93$2,809
Jun 2018093860.183.08$2,886
May 201801,00265.382.90$2,907
Apr 201819999463.842.90$15,588
Mar 201801,03961.222.79$2,896
Feb 2018095861.782.77$2,650
Jan 20182011,00862.874.01$16,678
Dec 201701,09657.272.92$3,202
Nov 201701,06355.423.12$3,315
Oct 20171891,07049.292.98$12,508
Sep 2017089547.523.09$2,763
Aug 201701,08845.373.00$3,269
Jul 20171911,10443.873.09$11,788
Jun 201701,05642.493.09$3,260
May 201701,18245.373.26$3,857
Apr 20171801,00747.933.21$11,861
Mar 201701,19346.772.98$3,560
Feb 201701,21950.452.95$3,599
Jan 201701,09049.413.42$3,726
Dec 20161741,44148.763.72$13,849
Nov 201601,38042.492.64$3,649
Oct 20161611,50046.193.09$12,072
Sep 20161591,47241.553.10$11,171
Aug 20161771,53541.442.92$11,824
Jul 201601,55841.622.92$4,556
Jun 20161701,58245.352.69$11,958
May 201601,66942.521.99$3,323
Apr 20161681,62836.561.99$9,383
Mar 201601,68333.011.79$3,019
Feb 201601,61626.472.06$3,335
Jan 20161831,77427.352.36$9,199
Dec 20151691,87432.362.00$9,219
Nov 2015321,67638.792.17$4,874
Oct 20151631,86343.552.43$11,619
Sep 2015242,20442.992.76$7,111
Aug 201501,48440.162.87$4,263
Jul 20151661,12748.152.95$11,312
Jun 20151661,21956.152.88$12,835
May 2015027055.212.96$798

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                  244 Mcf  × $  3.05 =       $743

────────────────────────────────────────────────────
Month total                                     $743

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/280623 is the state's own key, not one this site invented.