COLT 45 STATE UNIT

Operated by ENCORE PERMIAN OPERATING, LLC (P-5 251854) 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 278125District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.1 M
Jun 2015 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
132
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 Gas112016-12-06217885
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
CondensateDisposition28,755 bbl$1,391,754
GasProduction245,579 Mcf$711,247
Total$2,103,002

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 31.7271, -104.0701. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.72710, -104.07014 · 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
9,461 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 9,461 ft.

Completions filed
Mar 2015
1 of 1 wells

1 well

42-109328261702AH9,461 ftMar 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 (132)

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

132 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 2019175053.112.30$9,294
Jul 20191784,28856.272.46$20,565
Jun 201938415252.782.49$20,646
May 20195993,63458.482.74$44,988
Apr 20196084,74062.632.75$51,117
Mar 20198286,82356.803.06$67,923
Feb 20193557,43650.852.79$38,815
Jan 201918874746.033.23$11,065
Dec 20182012,45546.594.19$19,640
Nov 201823552.934.24$254
Oct 201801,33861.443.40$4,547
Sep 20185543,23259.543.11$43,030
Aug 20185694,53559.403.07$47,705
Jul 20187564,07665.142.93$61,196
Jun 20182585,74960.183.08$33,216
May 20187553,91165.382.90$60,707
Apr 20189564,68863.842.90$74,630
Mar 20183857,91461.222.79$45,625
Feb 20182,09517,30061.782.77$177,283
Jan 20181811,17162.874.01$16,074
Dec 20171852,78757.272.92$18,737
Nov 20174144,21755.423.12$36,094
Oct 201777010,83449.292.98$70,278
Sep 201770815,33647.523.09$80,991
Aug 20177309,88845.373.00$62,828
Jul 201715,25943.873.09$16,280
Jun 2017080542.493.09$2,485
May 20173554,97945.373.26$32,355
Apr 20177284,03447.933.21$47,849
Mar 20171801,62846.772.98$13,276
Feb 201701,62850.452.95$4,807
Jan 2017029249.413.42$998
Dec 20163751,49348.763.72$23,843
Nov 20165617,06542.492.64$42,519
Oct 20161,47215,25846.193.09$115,143
Sep 201609,55241.553.10$29,617
Aug 20161,81812,08941.442.92$110,690
Jul 20161592,17941.622.92$12,990
Jun 20161813,17045.352.69$16,722
May 201602,84942.521.99$5,672
Apr 20163823,61736.561.99$21,168
Mar 20161,6614,30133.011.79$62,546
Feb 20161,6555,83226.472.06$55,843
Jan 201615058527.352.36$5,486
Dec 2015873432.362.00$2,883
Nov 20152020838.792.17$1,227
Oct 201555694543.552.43$26,507
Sep 20154631,56042.992.76$24,208
Aug 20152,78822,35540.162.87$176,181
Jul 20151,9525,53148.152.95$110,278
Jun 20153771,04556.152.88$24,181

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.

Aug 2019 — as filed, then multipliedworked
Condensate           175 bbl  × $ 53.11 =     $9,294
Gas                    0 Mcf  × $  2.30 =         $0

────────────────────────────────────────────────────
Month total                                   $9,294

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/278125 is the state's own key, not one this site invented.