PACE STATE UNIT 1-37

Operated by ANADARKO E&P ONSHORE LLC (P-5 20528) 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 279274District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$60.8 M
Nov 2015 – May 2026
Value, last 12 filed months
$3.0 M
at the published price for each month
Months reported
127
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 Gas112016-12-09219470
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
CondensateDisposition806,410 bbl$46,300,937
GasProduction4,387,635 Mcf$14,511,040
Total$60,811,976

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 31.7384, -103.7238. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.73835, -103.72377 · 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
11,055 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 11,055 ft.

Completions filed
Nov 2015
1 of 1 wells

1 well

42-389348751H11,055 ftNov 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 (127)

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

127 months

May 202656816,102106.413.05$109,485
Apr 20262,01629,19098.932.87$283,210
Mar 20262,66432,29789.753.15$340,811
Feb 20262,42226,70663.503.75$253,953
Jan 20262,19621,16159.138.00$299,093
Dec 20252,73629,25456.664.41$284,130
Nov 20252,87527,95258.593.93$278,198
Oct 20252,01723,45559.383.30$197,284
Sep 20253,19132,38062.743.08$299,834
Aug 20252,21124,26663.933.01$214,505
Jul 20251,29413,71666.743.32$131,833
Jun 20253,13631,51066.483.13$307,067
May 20253,41031,59960.553.23$308,614
Apr 20252,78627,93262.363.54$272,701
Mar 20253,07930,04967.704.27$336,707
Feb 20251,58713,35070.884.34$170,437
Jan 20251,67416,90674.324.28$196,747
Dec 20243,56137,45968.993.12$362,597
Nov 20243,58236,62469.052.20$327,853
Oct 20243,47738,00271.372.28$334,851
Sep 20243,51536,27469.612.36$330,444
Aug 20243,57037,94675.632.06$348,306
Jul 20243,48739,31179.932.15$363,101
Jun 20243,72437,27278.082.63$388,944
May 20244,03939,55078.812.20$405,262
Apr 20243,38939,71984.451.66$352,103
Mar 20244,11440,49280.301.55$392,920
Feb 20243,92038,08076.091.78$366,194
Jan 20243,78735,37973.023.30$393,195
Dec 20233,99137,91071.262.61$383,371
Nov 20233,60033,79377.892.81$375,280
Oct 20234,30537,27185.443.09$482,885
Sep 20233,52634,96989.042.74$409,597
Aug 20233,13619,56780.522.67$304,811
Jul 20232,68324,47874.852.64$265,489
Jun 20233,08127,59768.962.26$274,793
May 20233,91935,11870.622.23$354,982
Apr 20234,32539,03378.122.24$425,215
Mar 20234,64538,97072.852.39$431,650
Feb 20233,92635,96875.112.47$383,567
Jan 20234,67539,20676.533.39$490,597
Dec 20225,12640,02476.415.73$620,978
Nov 20224,37540,34485.005.65$599,665
Oct 20225,09440,80287.185.86$683,348
Sep 20224,63335,67584.888.16$684,488
Aug 20225,16934,57694.529.13$804,155
Jul 20224,50332,051101.587.54$699,146
Jun 20224,84633,117115.097.98$821,907
May 20225,18439,774109.378.43$902,390
Apr 20224,46933,907104.226.84$697,602
Mar 20221,46836,324108.885.08$344,231
Feb 20221,32213,19891.054.86$184,495
Jan 20222,07127,81181.844.54$295,688
Dec 20213,40131,07771.323.90$363,732
Nov 20212,63631,35177.435.24$368,286
Oct 20213,88735,54379.795.71$513,232
Sep 20213,69934,16569.865.35$441,226
Aug 20215,72337,59666.024.22$536,510
Jul 20215,52537,13370.783.98$538,926
Jun 20215,99537,65069.493.38$543,873
May 20215,53738,55063.483.02$467,820
Apr 20216,10236,90360.362.76$470,111
Mar 20215,48336,55661.302.72$435,428
Feb 20214,59522,39557.805.55$389,837
Jan 20216,73938,03750.412.81$446,607
Dec 20209,18737,62744.642.68$510,777
Nov 20204,36418,92438.772.71$220,411
Oct 20206,30635,51936.972.48$321,164
Sep 20207,59938,02737.091.99$357,560
Aug 20207,56636,71439.982.39$390,055
Jul 20207,29140,64338.371.83$353,934
Jun 20207,56635,41234.901.69$323,911
May 20207,86241,42616.921.81$208,203
Apr 20208,57843,92014.751.80$205,774
Mar 20209,43245,43530.341.86$370,505
Feb 20206,98938,79449.881.98$425,449
Jan 20209,49444,40657.252.09$636,551
Dec 20198,98745,95159.012.30$636,211
Nov 20198,00339,62455.302.75$551,560
Oct 20197,94639,04253.472.42$519,297
Sep 201910,06443,96555.052.66$670,851
Aug 201911,14747,16853.112.30$700,709
Jul 20199,60439,08356.272.46$636,564
Jun 20198,09731,72452.782.49$506,390
May 201912,26950,05358.482.74$854,652
Apr 201912,00551,13662.632.75$892,533
Mar 201910,69642,26056.803.06$736,937
Feb 20196,38926,03750.852.79$397,582
Jan 20195,14319,85846.033.23$300,837
Dec 201810,19340,18546.594.19$643,084
Nov 20185,92125,19652.934.24$420,160
Oct 20183,59716,08561.443.40$275,658
Sep 20189,19541,96059.543.11$677,882
Aug 201812,20755,56459.403.07$895,486
Jul 201815,06363,18265.142.93$1,166,446
Jun 201813,58555,69560.183.08$988,914
May 20189,15143,31365.382.90$723,935
Apr 20187,81433,64963.842.90$596,455
Mar 201810,94045,93461.222.79$797,758
Feb 201811,38338,71461.782.77$810,329
Jan 201812,47442,58662.874.01$954,981
Dec 201714,01350,04457.272.92$948,729
Nov 20178,88638,34555.423.12$612,036
Oct 201710,75644,17649.292.98$661,970
Sep 201710,49938,53247.523.09$617,872
Aug 201714,29551,70245.373.00$803,898
Jul 201715,89960,49143.873.09$884,242
Jun 201715,85157,90442.493.09$852,275
May 201720,27570,87445.373.26$1,151,167
Apr 201713,57450,44347.933.21$812,605
Mar 201718,73262,15046.772.98$1,061,531
Feb 201713,92742,88050.452.95$829,225
Jan 201714,64747,20849.413.42$885,103
Dec 201614,23951,39148.763.72$885,614
Nov 201611,38922,95642.492.64$544,622
Oct 201612,61336,85146.193.09$696,474
Sep 201610,91831,48041.553.10$551,251
Aug 20167,84326,95841.442.92$403,848
Jul 20169,20431,67641.622.92$475,702
Jun 20163,74012,72045.352.69$203,773
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20153,58211,67138.792.17$164,241

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           568 bbl  × $106.41 =    $60,441
Gas               16,102 Mcf  × $  3.05 =    $49,044

────────────────────────────────────────────────────
Month total                                 $109,485

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/279274 is the state's own key, not one this site invented.