MineralRecord
Log inSign up

CASTLE

Operated by COTERRA ENERGY OPERATING CO. (P-5 103285) 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 283168District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$16.9 M
Dec 2014 – May 2026
Value, last 12 filed months
$545 k
at the published price for each month
Months reported
138
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 Gas112018-12-11218340
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
CondensateDisposition164,469 bbl$8,557,803
GasProduction2,699,696 Mcf$8,315,264
Total$16,873,067

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 31.5404, -103.8305. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.54041, -103.83049 · 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
11,232 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 11,232 ft.

Completions filed
Dec 2014
1 of 1 wells

1 well

42-389342121H11,232 ftDec 2014——

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 (138)

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

138 months

May 20263296,640106.413.05$55,233
Apr 20262315,07998.932.87$37,428
Mar 20263777,89089.753.15$58,685
Feb 20261064,01363.503.75$21,781
Jan 20262865,20759.138.00$58,556
Dec 20252665,27456.664.41$38,348
Nov 20252715,95458.593.93$39,256
Oct 20253448,02659.383.30$46,951
Sep 20253317,94762.743.08$45,219
Aug 20253788,17263.933.01$48,802
Jul 20252749,09166.743.32$48,425
Jun 20253307,75366.483.13$46,195
May 20253858,40160.553.23$50,466
Apr 20253808,49662.363.54$53,799
Mar 20253519,07867.704.27$62,511
Feb 20254958,05070.884.34$70,029
Jan 20252667,98274.324.28$53,922
Dec 20243668,83268.993.12$52,818
Nov 20243618,78269.052.20$44,234
Oct 20244748,71071.372.28$53,700
Sep 20242658,40369.612.36$38,314
Aug 20243418,59875.632.06$43,533
Jul 20243697,56179.932.15$45,725
Jun 20243398,12278.082.63$47,862
May 20243538,35878.812.20$46,194
Apr 20243728,13084.451.66$44,905
Mar 20243347,69180.301.55$38,704
Feb 2024428076.091.78$32,567
Jan 20243746,26773.023.30$47,976
Dec 20233696,61071.262.61$43,552
Nov 20234086,21777.892.81$49,234
Oct 20233876,15885.443.09$52,077
Sep 20234577,06789.042.74$60,020
Aug 20236159,23180.522.67$74,193
Jul 20234518,68774.852.64$56,707
Jun 20233547,19468.962.26$40,659
May 20233467,46670.622.23$41,064
Apr 20232515,62778.122.24$32,200
Mar 202350310,77272.852.39$62,423
Feb 202351010,41775.112.47$63,991
Jan 202361211,37276.533.39$85,362
Dec 202269212,13376.415.73$122,387
Nov 202249611,96085.005.65$109,689
Oct 202268312,53887.185.86$133,064
Sep 202247511,99084.888.16$138,201
Aug 202262613,12694.529.13$178,973
Jul 202270213,108101.587.54$170,171
Jun 202258011,806115.097.98$160,931
May 202255013,401109.378.43$173,165
Apr 202259311,346104.226.84$139,382
Mar 202266713,034108.885.08$138,789
Feb 202258611,44191.054.86$108,945
Jan 202261812,35881.844.54$106,654
Dec 202167713,12171.323.90$99,444
Nov 202170612,89777.435.24$122,205
Oct 202171013,76079.795.71$135,274
Sep 202167713,71869.865.35$120,699
Aug 202179014,35566.024.22$112,742
Jul 202174613,98670.783.98$108,495
Jun 202153813,45169.493.38$82,858
May 202167014,16463.483.02$85,274
Apr 202167714,91660.362.76$82,008
Mar 202168514,59661.302.72$81,647
Feb 202168512,56057.805.55$109,275
Jan 202173015,26250.412.81$79,690
Dec 202071815,46444.642.68$73,425
Nov 202074515,44238.772.71$70,679
Oct 202070616,45736.972.48$66,888
Sep 202080916,31137.091.99$62,482
Aug 202089817,25939.982.39$77,066
Jul 20201,02019,30238.371.83$74,366
Jun 20201,37522,38134.901.69$85,818
May 20201,01021,72616.921.81$56,516
Apr 20201192,41614.751.80$6,115
Mar 202077614,34430.341.86$50,170
Feb 202086815,85749.881.98$74,703
Jan 202089617,02257.252.09$86,953
Dec 201991617,19859.012.30$93,684
Nov 201989316,96655.302.75$96,051
Oct 201988417,28353.472.42$89,067
Sep 201984016,98555.052.66$91,376
Aug 201989917,98453.112.30$89,188
Jul 20191,04716,80456.272.46$100,254
Jun 201971717,72352.782.49$81,995
May 201992518,94758.482.74$106,015
Apr 201992617,61562.632.75$106,449
Mar 20191,01019,32956.803.06$116,555
Feb 201995718,03350.852.79$99,016
Jan 20191,29119,91946.033.23$123,727
Dec 20181,07519,18846.594.19$130,394
Nov 201898617,62352.934.24$126,862
Oct 20181,27422,36161.443.40$154,259
Sep 20183925,20859.543.11$39,526
Aug 20181,44319,73459.403.07$146,230
Jul 20181,04619,82265.142.93$126,252
Jun 20181,13820,24560.183.08$130,777
May 20181,23821,61065.382.90$143,627
Apr 20181,21421,19863.842.90$138,993
Mar 20181,30322,63061.222.79$142,836
Feb 201858021,13761.782.77$94,300
Jan 201876120,48762.874.01$129,983
Dec 20171,25323,70357.272.92$141,008
Nov 201764024,14855.423.12$110,771
Oct 201793824,22349.292.98$118,508
Sep 20171,02320,26747.523.09$111,183
Aug 201757924,26145.373.00$99,159
Jul 20171,05220,72043.873.09$110,120
Jun 20171,23920,55942.493.09$116,117
May 20171,24022,54345.373.26$129,826
Apr 20171,15625,54947.933.21$137,460
Mar 20171,28026,66146.772.98$139,413
Feb 20171,20723,82250.452.95$131,230
Jan 20171,08220,33749.413.42$122,990
Dec 20161,26721,47148.763.72$141,712
Nov 20161,10319,66942.492.64$98,878
Oct 20161,28120,24246.193.09$121,722
Sep 20161,43322,84041.553.10$130,360
Aug 20162,74032,49041.442.92$208,557
Jul 20161,91934,53741.622.92$180,867
Jun 20161,73736,25545.352.69$176,148
May 20162,75942,05642.521.99$201,048
Apr 20162,45543,76636.561.99$176,895
Mar 20163,35147,02433.011.79$194,978
Feb 20162,41330,22326.472.06$126,241
Jan 20161,70222,55427.352.36$99,875
Dec 20152,01130,26232.362.00$125,643
Nov 20152,80446,38938.792.17$209,307
Oct 20153,79651,00543.552.43$289,084
Sep 20154,08955,46542.992.76$328,782
Aug 20154,44859,26940.162.87$348,881
Jul 20152,39231,01848.152.95$206,525
Jun 20155,29775,67656.152.88$515,590
May 20155,50271,66255.212.96$515,559
Apr 20157,94988,54649.822.71$635,675
Mar 20157,27086,91642.892.93$566,884
Feb 20159,54996,35944.662.98$713,241
Jan 20156,70162,94543.433.10$486,194
Dec 20141,51929,90254.693.59$190,463

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           329 bbl  × $106.41 =    $35,009
Gas                6,640 Mcf  × $  3.05 =    $20,224

────────────────────────────────────────────────────
Month total                                  $55,233

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/283168 is the state's own key, not one this site invented.