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ACE

Operated by RESOLUTE NATURAL RES. CO., LLC (P-5 703352) 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 283213District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$45.3 M
Aug 2017 – May 2026
Value, last 12 filed months
$2.9 M
at the published price for each month
Months reported
106
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 Gas112020-03-03223490
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
CondensateDisposition501,618 bbl$31,303,029
GasProduction4,233,073 Mcf$13,978,850
Total$45,281,879

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 31.6269, -103.9923. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.62690, -103.99229 · 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
9,881 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 9,881 ft.

Completions filed
Oct 2017
1 of 1 wells

1 well

42-38935843L 06H9,881 ftOct 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 (106)

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

106 months

May 20261,56740,215106.413.05$289,233
Apr 20261,58841,82598.932.87$277,127
Mar 20261,85843,83589.753.15$304,811
Feb 20261,75140,55163.503.75$263,268
Jan 20261,34838,64659.138.00$388,795
Dec 20251,61839,51356.664.41$266,061
Nov 20251,50417,83258.593.93$158,136
Oct 20252,05519,08859.383.30$185,109
Sep 20251,89517,86262.743.08$173,852
Aug 20252,12518,95863.933.01$193,005
Jul 20252,21818,54866.743.32$209,520
Jun 20251,98018,37766.483.13$189,127
May 20252,17118,54260.553.23$191,388
Apr 20251,67218,61562.363.54$170,221
Mar 20251,81420,47867.704.27$210,214
Feb 20251,62217,06970.884.34$189,061
Jan 20251,76518,34774.324.28$209,676
Dec 20241,61117,67768.993.12$166,319
Nov 20241,56619,11269.052.20$150,149
Oct 20242,19121,08971.372.28$204,484
Sep 20241,76719,63269.612.36$169,418
Aug 20242,30720,97275.632.06$217,757
Jul 20242,36321,58379.932.15$235,204
Jun 20242,19019,78778.082.63$223,114
May 20242,30522,26278.812.20$230,599
Apr 20242,25219,29984.451.66$222,202
Mar 20242,15323,09780.301.55$208,574
Feb 20242,22621,27376.091.78$207,320
Jan 20242,20720,73773.023.30$229,539
Dec 20232,94926,44771.262.61$279,191
Nov 20232,79125,10877.892.81$287,883
Oct 20232,69522,46985.443.09$299,629
Sep 20232,40124,38389.042.74$280,474
Aug 20232,69924,14080.522.67$281,847
Jul 20232,89624,50674.852.64$281,506
Jun 20233,28126,17668.962.26$285,376
May 20232,61923,46170.622.23$237,211
Apr 20232,16320,20878.122.24$214,194
Mar 20233,19724,58172.852.39$291,728
Feb 20232,62922,42975.112.47$252,767
Jan 20233,19528,20076.533.39$340,047
Dec 20223,00223,73176.415.73$365,340
Nov 20222,95823,92185.005.65$386,493
Oct 20222,90123,93887.185.86$393,276
Sep 20222,87622,80784.888.16$430,304
Aug 20223,10224,50294.529.13$516,835
Jul 20222,82923,008101.587.54$460,898
Jun 20223,36527,551115.097.98$607,058
May 20223,19723,291109.378.43$546,070
Apr 20222,86523,439104.226.84$458,857
Mar 20223,63925,484108.885.08$525,581
Feb 20225,51543,58591.054.86$713,913
Jan 20224,60737,18081.844.54$545,748
Dec 20213,65231,38071.323.90$382,815
Nov 20213,38531,49577.435.24$427,035
Oct 20213,42033,16679.795.71$462,388
Sep 20213,33329,47269.865.35$390,546
Aug 20213,59531,33566.024.22$369,594
Jul 20213,75132,24870.783.98$393,910
Jun 20214,09734,79769.493.38$402,336
May 20213,74934,82363.483.02$343,071
Apr 20214,24336,62760.362.76$357,140
Mar 20211,90622,91761.302.72$179,102
Feb 20212,87629,68157.805.55$330,902
Jan 20214,11640,16350.412.81$320,356
Dec 20204,39139,08244.642.68$300,577
Nov 20203,87035,05738.772.71$244,924
Oct 20203,89639,34536.972.48$241,549
Sep 20204,04638,39937.091.99$226,520
Aug 20204,41742,48339.982.39$277,918
Jul 20204,14940,56538.371.83$233,233
Jun 20204,45642,82834.901.69$227,907
May 20201,35314,28816.921.81$48,822
Apr 20204,58643,33614.751.80$145,838
Mar 20204,62845,31930.341.86$224,536
Feb 20204,67340,95149.881.98$314,200
Jan 20205,11244,98157.252.09$386,886
Dec 20195,39746,37959.012.30$425,351
Nov 20195,26145,74755.302.75$416,770
Oct 20195,33247,45153.472.42$399,864
Sep 20195,44846,19455.052.66$422,663
Aug 20195,71150,66353.112.30$420,057
Jul 20196,10152,54956.272.46$472,577
Jun 20195,77551,51452.782.49$433,136
May 20196,41154,53858.482.74$524,367
Apr 20196,28353,34862.632.75$540,249
Mar 20196,45653,40556.803.06$530,232
Feb 20196,24751,74150.852.79$462,132
Jan 20197,69855,69346.033.23$534,126
Dec 20188,25759,47246.594.19$633,610
Nov 20188,21059,36352.934.24$686,091
Oct 20188,65560,55461.443.40$737,531
Sep 20188,88363,09359.543.11$724,987
Aug 201810,50280,20059.403.07$869,757
Jul 201810,85381,17765.142.93$944,966
Jun 201810,23079,05060.183.08$858,872
May 201810,64677,01365.382.90$919,435
Apr 201811,56185,65863.842.90$986,531
Mar 201814,709106,78461.222.79$1,198,075
Feb 201815,605116,17661.782.77$1,285,434
Jan 201820,708149,73962.874.01$1,902,264
Dec 201725,106171,80157.272.92$1,939,741
Nov 201728,788184,45855.423.12$2,170,637
Oct 201715,02585,20949.292.98$994,819
Sep 20170047.523.09$0
Aug 20170045.373.00$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         1,567 bbl  × $106.41 =   $166,744
Gas               40,215 Mcf  × $  3.05 =   $122,488

────────────────────────────────────────────────────
Month total                                 $289,233

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/283213 is the state's own key, not one this site invented.