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WATZ

Operated by TRANSPACIFIC ENERGY, LLC (P-5 864566) in the PHASE FOUR (9050 YEGUA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 279161District 03Field 71114430CondensateGasSaveExport
Value, all time
$5.7 M
May 2014 – May 2026
Value, last 12 filed months
$71 k
at the published price for each month
Months reported
145
no gaps in the span
Streams
2
condensate, gas

The PHASE FOUR (9050 YEGUA) field

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 17 leases and 17 wells, and the rule below applies to all of them.

Discovered
1990-03-10
as the register files it
Field class
Oil and gas
the register's own label
Between wells
—
no field rule filed
From a lease line
—
no field rule filed

The Commission's schedule remark for this field reads: “AOF-1 AND AOF-2 EFFECTIVE 07/01/2015.”

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
CondensateDisposition64,394 bbl$3,541,245
GasProduction680,277 Mcf$2,199,533
Total$5,740,777

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 29.2425, -96.3002. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.24251, -96.30022 · 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
10,894 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 10,894 ft.

Completions filed
May 2014
1 of 1 wells

1 well

42-48135333110,894 ftMay 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 (145)

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

145 months

May 20263510106.413.05$37,350
Apr 202603,13898.932.87$9,005
Mar 202605889.753.15$183
Feb 2026017263.503.75$645
Jan 202601,28359.138.00$10,261
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 202513937359.383.30$9,487
Sep 2025036162.743.08$1,111
Aug 2025037363.933.01$1,125
Jul 202507966.743.32$262
Jun 2025047966.483.13$1,499
May 2025048460.553.23$1,564
Apr 2025036262.363.54$1,283
Mar 2025016167.704.27$687
Feb 202502470.884.34$104
Jan 202501,67374.324.28$7,158
Dec 20241742,88668.993.12$21,013
Nov 202402,77669.052.20$6,103
Oct 20241802,86571.372.28$19,383
Sep 20241782,78569.612.36$18,975
Aug 20241582,98075.632.06$18,099
Jul 202402,68879.932.15$5,770
Jun 20241792,60478.082.63$20,835
May 20241752,86778.812.20$20,095
Apr 202402,94684.451.66$4,888
Mar 20241762,79680.301.55$18,453
Feb 20241782,85076.091.78$18,627
Jan 20241734,18273.023.30$26,423
Dec 20231802,89171.262.61$20,374
Nov 202302,81177.892.81$7,892
Oct 20231782,81885.443.09$23,908
Sep 20231512,90089.042.74$21,377
Aug 202302,53280.522.67$6,768
Jul 20231672,29474.852.64$18,560
Jun 20231612,76768.962.26$17,352
May 20231632,82570.622.23$17,803
Apr 202302,52878.122.24$5,657
Mar 20231702,56572.852.39$18,523
Feb 20231782,51875.112.47$19,578
Jan 20231822,98876.533.39$24,051
Dec 202202,62076.415.73$15,010
Nov 20221682,58285.005.65$28,858
Oct 20221842,51087.185.86$30,759
Sep 20221692,76084.888.16$36,876
Aug 20221723,06494.529.13$44,223
Jul 20221683,441101.587.54$43,018
Jun 20221822,776115.097.98$43,091
May 202202,650109.378.43$22,348
Apr 20223182,568104.226.84$50,701
Mar 20221522,651108.885.08$30,007
Feb 20221512,78791.054.86$27,290
Jan 20221582,48481.844.54$24,202
Dec 20211843,15271.323.90$25,413
Nov 202103,19777.435.24$16,742
Oct 20211653,46679.795.71$32,970
Sep 20211783,17169.865.35$29,403
Aug 20211713,51566.024.22$26,125
Jul 20211723,39670.783.98$25,697
Jun 20211773,19169.493.38$23,087
May 20211623,40763.483.02$20,565
Apr 20213483,21760.362.76$29,879
Mar 20211783,65461.302.72$20,839
Feb 20211783,33057.805.55$28,763
Jan 20211743,32750.412.81$18,121
Dec 20201773,04444.642.68$16,045
Nov 20201723,04438.772.71$14,907
Oct 20203423,27936.972.48$20,771
Sep 20201833,36437.091.99$13,485
Aug 20201783,35439.982.39$15,116
Jul 20207233,39538.371.83$33,938
Jun 20201793,31134.901.69$11,844
May 202003,53316.921.81$6,412
Apr 202003,38914.751.80$6,115
Mar 20203553,37230.341.86$17,030
Feb 20201793,18749.881.98$15,241
Jan 20203723,94357.252.09$29,557
Dec 20191853,93059.012.30$19,973
Nov 20193583,79955.302.75$30,247
Oct 20191813,94953.472.42$19,229
Sep 20193573,79355.052.66$29,732
Aug 20193693,99853.112.30$28,810
Jul 20191784,01756.272.46$19,898
Jun 20193612,95452.782.49$26,413
May 20191823,22558.482.74$19,481
Apr 20193523,37562.632.75$31,329
Mar 20193642,88656.803.06$29,512
Feb 201902,78450.852.79$7,774
Jan 20193643,38046.033.23$27,666
Dec 20183703,36446.594.19$31,318
Nov 20181863,05452.934.24$22,786
Oct 20183553,53061.443.40$33,806
Sep 20186873,44859.543.11$51,620
Aug 201803,56059.403.07$10,917
Jul 20185123,66365.142.93$44,091
Jun 20183523,55260.183.08$32,113
May 20183593,87465.382.90$34,709
Apr 20187123,61263.842.90$55,932
Mar 20181843,79461.222.79$21,838
Feb 20183753,17961.782.77$31,961
Jan 20183543,79962.874.01$37,487
Dec 20175343,86757.272.92$41,880
Nov 20173593,98755.423.12$32,329
Oct 20173554,36649.292.98$30,525
Sep 20173594,31247.523.09$30,372
Aug 20173583,49845.373.00$26,752
Jul 20175204,52843.873.09$36,792
Jun 20175234,35842.493.09$35,677
May 20173484,64045.373.26$30,931
Apr 20175264,56647.933.21$39,875
Mar 20173084,46946.772.98$27,739
Feb 20177024,18650.452.95$47,775
Jan 20173573,80749.413.42$30,655
Dec 20165324,03248.763.72$40,951
Nov 20165224,11142.492.64$33,051
Oct 20165214,26146.193.09$37,233
Sep 20165404,43041.553.10$36,173
Aug 20168534,62241.442.92$48,865
Jul 20167155,32941.622.92$45,342
Jun 20163525,57145.352.69$30,926
May 20167316,03742.521.99$43,102
Apr 20165656,10936.561.99$32,820
Mar 20161,0326,26233.011.79$45,300
Feb 20167076,36026.472.06$31,839
Jan 20167407,69627.352.36$38,435
Dec 20159288,72632.362.00$47,494
Nov 20151,1138,04238.792.17$60,603
Oct 20159048,90743.552.43$60,983
Sep 20151,1109,37542.992.76$73,579
Aug 20151,46310,56740.162.87$89,108
Jul 20151,11311,94648.152.95$88,773
Jun 20151,62112,66556.152.88$127,531
May 20152,18413,75455.212.96$161,228
Apr 20152,01516,39149.822.71$144,751
Mar 20152,17519,44742.892.93$150,357
Feb 20151,86019,48544.662.98$141,059
Jan 20153,18126,64143.433.10$220,755
Dec 20143,71235,91554.693.59$331,993
Nov 20145,90448,91770.464.25$623,983
Oct 20143,99539,76378.303.90$467,922
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0

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           351 bbl  × $106.41 =    $37,350
Gas                    0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $37,350

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. 03/G/279161 is the state's own key, not one this site invented.