SELL, JULIUS

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 280674District 10Field 687351202 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.7 M
Mar 2016 – May 2026
Value, last 12 filed months
$136 k
at the published price for each month
Months reported
123
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 Gas112016-09-26219398
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
CondensateDisposition67,645 bbl$3,550,365
GasProduction1,078,085 Mcf$3,134,810
Total$6,685,175

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 36.3316, -100.6099. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.33156, -100.60986 · 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
7,272 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 7,272 ft.

Completions filed
Mar 2016
1 of 1 wells

1 well

42-357336088475H7,272 ftMar 2016

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 (123)

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

123 months

May 202601,146106.413.05$3,491
Apr 202619947298.932.87$21,042
Mar 202620278689.753.15$20,605
Feb 2026064163.503.75$2,404
Jan 202620138859.138.00$14,988
Dec 2025051556.664.41$2,273
Nov 202519851858.593.93$13,635
Oct 202519558759.383.30$13,519
Sep 2025060562.743.08$1,862
Aug 20251911,41663.933.01$16,480
Jul 20251922,28866.743.32$20,399
Jun 202501,59466.483.13$4,987
May 202519780360.553.23$14,524
Apr 202519580662.363.54$15,016
Mar 202504,14267.704.27$17,679
Feb 20251953,34670.884.34$28,346
Jan 20251973,12674.324.28$28,016
Dec 20241963,56568.993.12$24,650
Nov 202403,96969.052.20$8,726
Oct 2024063371.372.28$1,444
Sep 202419351269.612.36$14,645
Aug 202419291275.632.06$16,403
Jul 202401,88479.932.15$4,044
Jun 20241911,25978.082.63$18,229
May 202420097078.812.20$17,894
Apr 202419393284.451.66$17,845
Mar 202419091980.301.55$16,677
Feb 202419591976.091.78$16,477
Jan 20240073.023.30$0
Dec 202319074871.262.61$15,492
Nov 202319382777.892.81$17,355
Oct 202316999185.443.09$17,499
Sep 202319199489.042.74$19,725
Aug 202301,14580.522.67$3,060
Jul 20231931,68074.852.64$18,884
Jun 2023078568.962.26$1,773
May 202317779070.622.23$14,259
Apr 20233908878.122.24$30,664
Mar 202304,62872.852.39$11,076
Feb 202302,00875.112.47$4,951
Jan 202319333476.533.39$15,902
Dec 20222011,81476.415.73$25,751
Nov 20221821,41485.005.65$23,454
Oct 20221911,95687.185.86$28,121
Sep 20223912,04184.888.16$49,850
Aug 20223842,11694.529.13$55,609
Jul 20223792,098101.587.54$54,322
Jun 202202,491115.097.98$19,871
May 20223872,611109.378.43$64,345
Apr 20225932,402104.226.84$78,226
Mar 20223892,404108.885.08$54,558
Feb 20221932,85191.054.86$31,425
Jan 20223773,18681.844.54$45,311
Dec 20212003,08271.323.90$26,281
Nov 202103,03077.435.24$15,868
Oct 202102,95079.795.71$16,856
Sep 20211912,88169.865.35$28,759
Aug 202102,95966.024.22$12,489
Jul 202103,06170.783.98$12,189
Jun 202102,93769.493.38$9,929
May 20213522,72363.483.02$30,562
Apr 20211942,18960.362.76$17,748
Mar 20213791,94661.302.72$28,520
Feb 20211892,55557.805.55$25,099
Jan 20215711,45750.412.81$32,879
Dec 20203792,42544.642.68$23,407
Nov 20201912,42838.772.71$13,977
Oct 20203742,42836.972.48$19,844
Sep 202002,35137.091.99$4,681
Aug 202002,72639.982.39$6,502
Jul 20203753,31838.371.83$20,445
Jun 20207463,65134.901.69$32,207
May 202003,73816.921.81$6,784
Apr 20203463,59514.751.80$11,590
Mar 20203644,09130.341.86$18,638
Feb 20205304,94049.881.98$36,221
Jan 20203695,81557.252.09$33,306
Dec 20197636,76559.012.30$60,614
Nov 20195436,86455.302.75$48,909
Oct 20195697,48453.472.42$48,525
Sep 20195667,49555.052.66$51,075
Aug 20195546,30953.112.30$43,961
Jul 20195477,34156.272.46$48,839
Jun 20195487,58852.782.49$47,827
May 20197296,12658.482.74$59,419
Apr 20195557,59462.632.75$55,648
Mar 20197497,80656.803.06$66,446
Feb 20195616,80150.852.79$47,517
Jan 20199458,33946.033.23$70,418
Dec 20185488,59346.594.19$61,497
Nov 20185708,69652.934.24$67,017
Oct 20187479,27461.443.40$77,409
Sep 20187439,25159.543.11$72,990
Aug 20189299,93359.403.07$85,643
Jul 201875510,36665.142.93$79,573
Jun 201856610,46960.183.08$66,274
May 201896411,14065.382.90$95,341
Apr 201894411,40063.842.90$93,334
Mar 201885612,00161.222.79$85,849
Feb 20181,15810,48761.782.77$100,550
Jan 201875710,55962.874.01$89,927
Dec 201777710,90157.272.92$76,346
Nov 201794912,11755.423.12$90,379
Oct 201772912,95449.292.98$74,583
Sep 20171,24412,36847.523.09$97,298
Aug 20171,08711,88245.373.00$85,015
Jul 201792412,96543.873.09$80,562
Jun 20171,24112,51642.493.09$91,370
May 20173725,89245.373.26$36,106
Apr 20171,33917,46447.933.21$120,266
Mar 201789119,24646.772.98$99,096
Feb 201755118,80450.452.95$83,319
Jan 201795522,93149.413.42$125,583
Dec 20161,14331,54248.763.72$173,158
Nov 20161,47934,22542.492.64$153,346
Oct 20161,30040,30646.193.09$184,603
Sep 20162,11945,34641.553.10$228,646
Aug 20162,01853,46141.442.92$239,964
Jul 20162,41362,35941.622.92$282,788
Jun 20162,63876,80745.352.69$325,924
May 20163,21994,41842.521.99$324,862
Apr 20166,357101,39836.561.99$434,299
Mar 20161,9094,17133.011.79$70,499

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                1,146 Mcf  × $  3.05 =     $3,491

────────────────────────────────────────────────────
Month total                                   $3,491

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/280674 is the state's own key, not one this site invented.