RAINBOW STATE

Operated by CRESCENT ENERGY OPERATING, LLC (P-5 103575) in the PHANTOM (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 205027District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$682 k
May 2004 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
265
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 7,755 leases and 10,539 wells, and the rule below applies to all of them.

Discovered
1983-06-23
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2017-08-01.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: FOR THE FOLLOWING API 389-37515.

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 Gas112008-03-11169768
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
CondensateDisposition934 bbl$39,484
GasProduction119,368 Mcf$642,134
Total$681,618

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 31.6534, -103.5364. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.65340, -103.53643 · 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
21,547 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 21,547 ft.

Completions filed
May 2004
1 of 1 wells

1 well

42-30130022121,547 ftMay 2004

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 (265)

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

265 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 2016016048.763.72$596
Nov 2016033242.492.64$878
Oct 2016027246.193.09$841
Sep 2016031641.553.10$980
Aug 2016037241.442.92$1,088
Jul 2016036841.622.92$1,076
Jun 2016035245.352.69$945
May 2016032742.521.99$651
Apr 2016034036.561.99$677
Mar 2016029933.011.79$536
Feb 2016032026.472.06$660
Jan 2016035227.352.36$832
Dec 2015035032.362.00$700
Nov 2015028138.792.17$609
Oct 2015033843.552.43$820
Sep 2015033542.992.76$924
Aug 2015036840.162.87$1,057
Jul 2015037548.152.95$1,104
Jun 2015038956.152.88$1,121
May 2015032455.212.96$958
Apr 2015029549.822.71$798
Mar 2015046142.892.93$1,353
Feb 2015036344.662.98$1,080
Jan 2015030543.433.10$946
Dec 2014037454.693.59$1,343
Nov 2014038670.464.25$1,641
Oct 2014038578.303.90$1,502
Sep 2014035486.164.05$1,432
Aug 2014036289.394.04$1,461
Jul 2014038296.564.18$1,597
Jun 2014032898.164.74$1,554
May 2014014294.734.73$671
Apr 2014017295.944.81$827
Mar 2014020695.895.06$1,042
Feb 201403497.406.19$211
Jan 2014015690.404.86$758
Dec 2013015891.824.35$688
Nov 2013016688.853.74$621
Oct 2013021097.423.78$794
Sep 20130209104.113.72$777
Aug 20130196104.253.52$690
Jul 20130145102.523.72$539
Jun 2013019894.403.93$779
May 2013035294.834.15$1,460
Apr 2013013693.964.28$582
Mar 2013014493.623.91$563
Feb 2013012491.233.42$424
Jan 2013013491.603.42$458
Dec 201209986.773.42$339
Nov 201209986.953.62$359
Oct 201207589.383.40$255
Sep 2012013094.672.92$379
Aug 2012013992.662.91$404
Jul 2012012685.133.02$381
Jun 2012011979.822.52$300
May 201206691.612.49$164
Apr 20120272101.652.00$543
Mar 20120413105.052.22$918
Feb 20120312101.102.57$802
Jan 2012044698.092.73$1,219
Dec 2011039396.873.24$1,273
Nov 2011040995.723.31$1,354
Oct 2011042984.983.65$1,565
Sep 2011037883.623.99$1,507
Aug 2011031483.404.15$1,303
Jul 2011042694.144.52$1,924
Jun 2011035792.904.64$1,656
May 2011057998.134.40$2,550
Apr 20110444105.964.33$1,924
Mar 2011042596.364.06$1,724
Feb 2011059485.644.18$2,483
Jan 2011043486.504.59$1,992
Dec 2010049085.734.35$2,130
Nov 2010032580.843.80$1,233
Oct 2010040878.103.51$1,432
Sep 2010039972.633.98$1,588
Aug 2010045673.684.42$2,015
Jul 2010040472.554.74$1,914
Jun 2010030270.364.91$1,483
May 2010030171.124.24$1,275
Apr 201008,91781.694.12$36,762
Mar 2010018,92278.394.39$83,042
Feb 2010020,41273.585.44$111,089
Jan 2010011274.365.96$668
Dec 200902471.445.48$132
Nov 2009016874.593.75$630
Oct 200902372.544.11$95
Sep 2009022065.543.06$674
Aug 2009017167.423.22$550
Jul 2009033761.133.46$1,168
Jun 2009011666.163.90$452
May 2009083054.743.93$3,258
Apr 2009032246.773.59$1,155
Mar 2009063642.144.06$2,582
Feb 2009036432.814.63$1,686
Jan 2009028635.865.37$1,536
Dec 200803437.105.98$203
Nov 200803555.496.86$240
Oct 200802775.246.92$187
Sep 200800101.767.88$0
Aug 2008047114.228.48$399
Jul 2008078131.0811.39$888
Jun 2008034131.3313.03$443
May 20080134123.1711.57$1,551
Apr 2008012110.3110.45$125
Mar 2008067101.909.66$647
Feb 2008011092.538.77$965
Jan 2008027890.388.21$2,281
Dec 200709588.337.30$694
Nov 2007013791.677.29$999
Oct 2007034882.856.92$2,409
Sep 2007028275.846.24$1,761
Aug 2007041169.066.39$2,625
Jul 2007063470.906.39$4,050
Jun 2007061862.007.55$4,665
May 200701,06858.747.85$8,380
Apr 2007086259.617.81$6,728
Mar 2007055356.927.30$4,038
Feb 200701,49255.108.22$12,258
Jan 200701,02050.306.73$6,861
Dec 2006075856.656.92$5,244
Nov 2006074454.207.62$5,667
Oct 2006079654.906.01$4,787
Sep 200601,04960.085.04$5,284
Aug 200601,78768.717.34$13,116
Jul 200601,62769.376.34$10,320
Jun 200601,99766.286.38$12,749
May 200602,18166.016.42$14,013
Apr 200601,23764.397.36$9,105
Mar 200601,69656.707.08$12,013
Feb 2006080957.597.75$6,271
Jan 2006028660.598.93$2,555
Dec 2005033454.9413.42$4,481
Nov 2005037654.6910.59$3,981
Oct 2005058558.3413.80$8,071
Sep 2005068661.4512.08$8,286
Aug 2005087561.519.80$8,572
Jul 200501,05355.697.84$8,259
Jun 200511,25452.337.38$9,308
May 2005074945.226.65$4,982
Apr 200501,71749.207.36$12,638
Mar 200502,25850.377.15$16,156
Feb 2005097145.226.31$6,129
Jan 200501,17843.166.32$7,448
Dec 2004051039.866.75$3,443
Nov 200401,04645.286.33$6,622
Oct 200435990749.706.52$23,752
Sep 2004397743.245.28$5,292
Aug 200481,13342.375.55$6,628
Jul 20043551,33538.286.08$21,712
Jun 20041921,09936.106.43$14,001
May 2004161,11237.486.49$7,822

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.

Dec 2016 — as filed, then multipliedworked
Condensate             0 bbl  × $ 48.76 =         $0
Gas                  160 Mcf  × $  3.72 =       $596

────────────────────────────────────────────────────
Month total                                     $596

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. 08/G/205027 is the state's own key, not one this site invented.