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VALKYRIE STATE 57-2-40 UNIT

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 282805District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$55.2 M
Jan 2017 – May 2026
Value, last 12 filed months
$3.0 M
at the published price for each month
Months reported
113
no gaps in the span
Streams
2
condensate, gas

The PHANTOM (WOLFCAMP) 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 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 Gas112018-07-31221653
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
CondensateDisposition667,761 bbl$40,359,462
GasProduction4,398,898 Mcf$14,841,302
Total$55,200,763

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 31.8102, -103.9755. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.81025, -103.97553 · 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
9,849 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 9,849 ft.

Completions filed
Nov 2017
1 of 1 wells

1 well

42-389354891H9,849 ftNov 2017——

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 (113)

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

113 months

May 20268707,991106.413.05$116,916
Apr 20262,59226,70598.932.87$333,062
Mar 20265059,91989.753.15$76,563
Feb 202676512,96563.503.75$97,200
Jan 20261,67120,64459.138.00$263,915
Dec 20252,51631,65256.664.41$282,248
Nov 20252,75033,72058.593.93$293,522
Oct 20252,88434,94159.383.30$286,726
Sep 20253,20132,90362.743.08$302,071
Aug 20253,49633,31463.933.01$323,933
Jul 20253,59133,76066.743.32$351,584
Jun 20253,06732,12866.483.13$304,414
May 20253,12633,00360.553.23$295,956
Apr 20253,70726,56962.363.54$325,306
Mar 20253,13625,37567.704.27$320,616
Feb 20253,07623,20970.884.34$318,773
Jan 20252,46020,73074.324.28$271,524
Dec 20243,19324,29968.993.12$296,131
Nov 20242,35417,52069.052.20$201,060
Oct 20243,10922,92371.372.28$274,186
Sep 20242,02519,27769.612.36$186,538
Aug 20242,47520,17275.632.06$228,812
Jul 20242,35421,91279.932.15$235,191
Jun 20243,24320,40378.082.63$306,955
May 20242,79531,23578.812.20$288,942
Apr 20244,25242,92884.451.66$430,308
Mar 20244,14144,81680.301.55$401,769
Feb 20244,46241,06776.091.78$412,762
Jan 20244,89144,57073.023.30$504,118
Dec 20234,24036,73271.262.61$398,039
Nov 20233,64735,07977.892.81$382,551
Oct 20234,17438,36785.443.09$475,076
Sep 20233,55329,04489.042.74$395,796
Aug 20234,16231,72880.522.67$419,929
Jul 20231,38212,86274.852.64$137,422
Jun 20233,00728,87468.962.26$272,574
May 20233,88734,40370.622.23$351,129
Apr 20234,10544,19678.122.24$419,583
Mar 20235,37349,59772.852.39$510,117
Feb 20234,66041,71475.112.47$452,866
Jan 20235,79447,92876.533.39$605,781
Dec 20224,98342,44476.415.73$623,916
Nov 20225,83946,15285.005.65$756,898
Oct 20225,60441,89987.185.86$734,242
Sep 20225,36740,34384.888.16$784,898
Aug 20224,95738,07694.529.13$816,061
Jul 20224,59334,253101.587.54$724,896
Jun 20223,75827,915115.097.98$655,192
May 20224,21030,414109.378.43$716,930
Apr 20224,34829,125104.226.84$652,294
Mar 20227,20043,981108.885.08$1,007,201
Feb 20224,44434,15291.054.86$570,565
Jan 20227,99460,92981.844.54$930,705
Dec 20217,75957,28071.323.90$776,713
Nov 20217,79655,75877.435.24$895,641
Oct 20218,11557,30479.795.71$974,923
Sep 20217,86057,20769.865.35$855,210
Aug 20218,09760,38666.024.22$789,428
Jul 20218,61061,31570.783.98$853,577
Jun 202110,74583,45169.493.38$1,028,786
May 20219,52263,62963.483.02$796,468
Apr 202110,23266,90760.362.76$802,161
Mar 202111,13870,30961.302.72$873,785
Feb 20218,26153,39657.805.55$773,724
Jan 20216,83341,49150.412.81$461,052
Dec 202011,69369,59244.642.68$708,166
Nov 202012,80575,11738.772.71$699,759
Oct 202011,06861,34236.972.48$561,216
Sep 20208,74750,19637.091.99$424,368
Aug 20209,46751,94639.982.39$502,387
Jul 20209,59850,85738.371.83$461,095
Jun 20206,66433,74334.901.69$289,610
May 202010,29255,32616.921.81$274,544
Apr 202011,32959,98214.751.80$275,333
Mar 202012,47269,85330.341.86$508,064
Feb 202012,61567,76149.881.98$763,448
Jan 202013,18171,57657.252.09$904,545
Dec 201911,22960,01459.012.30$800,917
Nov 201911,75463,14055.302.75$823,675
Oct 201913,23069,45353.472.42$875,383
Sep 201911,86562,20855.052.66$818,472
Aug 201911,63962,29653.112.30$761,700
Jul 201915,14181,26156.272.46$1,051,891
Jun 201915,54287,30552.782.49$1,037,801
May 201913,71979,51258.482.74$1,020,175
Apr 20191,1096,03562.632.75$86,057
Mar 201912,60664,01356.803.06$912,035
Feb 201914,48672,69350.852.79$939,588
Jan 201916,90387,86246.033.23$1,061,679
Dec 201817,79193,84246.594.19$1,221,653
Nov 201816,13386,21152.934.24$1,219,216
Oct 201819,28897,73361.443.40$1,517,159
Sep 201815,50482,20959.543.11$1,178,614
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 20172,76612,99157.272.92$196,362
Nov 201718,16993,53955.423.12$1,298,614
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

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           870 bbl  × $106.41 =    $92,577
Gas                7,991 Mcf  × $  3.05 =    $24,339

────────────────────────────────────────────────────
Month total                                 $116,916

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/282805 is the state's own key, not one this site invented.