OATMAN STATE UNIT 11-14

Operated by PETRO-HUNT PERMIAN, LLC (P-5 100313) in the FORD, WEST (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 276929District 08Field 31913800Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.8 M
Oct 2014 – May 2026
Value, last 12 filed months
$489 k
at the published price for each month
Months reported
140
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 1,466 leases and 1,484 wells, and the rule below applies to all of them.

Discovered
2010-11-05
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 80 acres. The field rule took effect on 2018-06-05.

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: DOCKET SAYS PRO PLAT NOT REQUIRED NOT LEASE PLAT NOT REQ

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 Gas112017-05-25220262
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
CondensateDisposition80,494 bbl$4,302,310
GasProduction1,460,433 Mcf$4,530,659
Total$8,832,969

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 31.5887, -104.0314. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.58869, -104.03139 · 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
9,729 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 9,729 ft.

Completions filed
Jul 2015
1 of 1 wells

1 well

42-389342961H9,729 ftJul 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 (140)

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

140 months

May 20263096,007106.413.05$51,177
Apr 20264225,87098.932.87$58,594
Mar 20261455,61789.753.15$30,704
Feb 20262635,62063.503.75$37,777
Jan 20263585,71959.138.00$66,909
Dec 20251345,39356.664.41$31,394
Nov 20252335,95358.593.93$37,026
Oct 20252196,20259.383.30$33,501
Sep 20252085,82262.743.08$30,964
Aug 20252956,73563.933.01$39,164
Jul 20252216,73266.743.32$37,067
Jun 20252086,57666.483.13$34,402
May 20253066,80460.553.23$40,521
Apr 20252996,63462.363.54$42,151
Mar 20252266,67267.704.27$43,778
Feb 20252155,48870.884.34$39,062
Jan 20253886,13574.324.28$55,086
Dec 20243036,62968.993.12$41,596
Nov 20242996,70569.052.20$35,386
Oct 20242686,20871.372.28$33,290
Sep 20242955,87669.612.36$34,428
Aug 20242086,27575.632.06$28,680
Jul 2024976,32479.932.15$21,328
Jun 20243336,36478.082.63$42,763
May 20244527,83378.812.20$52,843
Apr 20242198,26484.451.66$32,206
Mar 20244918,05580.301.55$51,873
Feb 20242427,64876.091.78$32,055
Jan 20244388,29173.023.30$59,324
Dec 20233487,71171.262.61$44,930
Nov 20232877,41377.892.81$43,167
Oct 20234007,88985.443.09$58,532
Sep 20233687,78589.042.74$54,059
Aug 20233028,22280.522.67$46,293
Jul 20234848,48074.852.64$58,630
Jun 20234898,40068.962.26$52,693
May 20234279,49470.622.23$51,302
Apr 20234958,28978.122.24$57,218
Mar 20238529,97072.852.39$85,928
Feb 20234638,42375.112.47$55,544
Jan 20236357,69576.533.39$74,665
Dec 20223979,41076.415.73$84,245
Nov 202245710,62985.005.65$98,858
Oct 20224557,59187.185.86$84,179
Sep 20223849,34484.888.16$108,875
Aug 20226748,88894.529.13$144,829
Jul 20223908,837101.587.54$106,266
Jun 20221289,451115.097.98$90,124
May 20222279,619109.378.43$105,944
Apr 20222037,691104.226.84$73,745
Mar 2022203,783108.885.08$21,382
Feb 20221896,68991.054.86$49,709
Jan 2022357,90881.844.54$38,748
Dec 202111811,98971.323.90$55,162
Nov 2021016077.435.24$838
Oct 20213724,73279.795.71$56,720
Sep 20211917,09469.865.35$51,303
Aug 20217737,62566.024.22$83,215
Jul 20213997,59370.783.98$58,477
Jun 20214907,74069.493.38$60,216
May 20216807,96463.483.02$67,199
Apr 20215687,72560.362.76$55,593
Mar 20215728,83761.302.72$59,073
Feb 20215207,20957.805.55$70,051
Jan 20216819,59050.412.81$61,280
Dec 20206319,10944.642.68$52,539
Nov 20203748,89838.772.71$38,583
Oct 202046910,36736.972.48$43,033
Sep 202022210,39437.091.99$28,929
Aug 20204699,56439.982.39$41,562
Jul 202027810,45438.371.83$29,747
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 202039811,62814.751.80$26,852
Mar 202059811,03330.341.86$38,623
Feb 202060811,84749.881.98$53,792
Jan 202075412,93457.252.09$70,260
Dec 20196679,35359.012.30$60,912
Nov 20197447,33655.302.75$61,322
Oct 20195815,55753.472.42$44,506
Sep 20194649,68755.052.66$51,284
Aug 20192835,75853.112.30$28,299
Jul 2019619,01856.272.46$25,617
Jun 20192578,54352.782.49$34,847
May 2019177,96658.482.74$22,824
Apr 20193028,58562.632.75$42,529
Mar 201929110,00356.803.06$47,159
Feb 20195758,51150.852.79$53,003
Jan 20199159,74246.033.23$73,566
Dec 20184568,49846.594.19$56,813
Nov 201851214,48052.934.24$88,455
Oct 20181,41612,94861.443.40$130,997
Sep 201887211,95059.543.11$89,059
Aug 201886611,26059.403.07$85,970
Jul 201867811,68465.142.93$78,421
Jun 201870713,58760.183.08$84,353
May 201871814,11465.382.90$87,885
Apr 201857915,01863.842.90$80,528
Mar 201881513,15161.222.79$86,544
Feb 201860811,96261.782.77$70,651
Jan 201875413,19262.874.01$100,295
Dec 20177899,86557.272.92$74,007
Nov 201784912,98755.423.12$87,550
Oct 201762512,37949.292.98$67,741
Sep 201734415,55647.523.09$64,373
Aug 201751112,03445.373.00$59,339
Jul 201747514,48043.873.09$65,542
Jun 201764715,44042.493.09$75,159
May 201757116,83645.373.26$80,849
Apr 201742115,58747.933.21$70,238
Mar 201757611,74746.772.98$61,989
Feb 201756312,86350.452.95$66,383
Jan 201749217,73049.413.42$84,925
Dec 201672319,12548.763.72$106,453
Nov 201686220,15042.492.64$89,910
Oct 20161,19223,44446.193.09$127,507
Sep 20161,16524,82441.553.10$125,376
Aug 201683425,08541.442.92$107,918
Jul 201641613,62841.622.92$57,167
Jun 20166006,51245.352.69$44,700
May 20161,36133,94442.521.99$125,454
Apr 20161,74330,33636.561.99$124,124
Mar 20162,98933,09633.011.79$158,041
Feb 20162,04528,75626.472.06$113,473
Jan 201689321,03127.352.36$74,148
Dec 201561219,12232.362.00$58,075
Nov 20153,92630,81838.792.17$219,082
Oct 20153,14033,05743.552.43$216,962
Sep 20154,28151,82842.992.76$327,004
Aug 20154,68839,84040.162.87$302,710
Jul 20156553,88248.152.95$42,971
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$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           309 bbl  × $106.41 =    $32,881
Gas                6,007 Mcf  × $  3.05 =    $18,296

────────────────────────────────────────────────────
Month total                                  $51,177

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/276929 is the state's own key, not one this site invented.