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COVINGTON 46

Operated by WPX ENERGY PERMIAN, LLC (P-5 942623) 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 283219District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$19.8 M
Oct 2017 – May 2026
Value, last 12 filed months
$904 k
at the published price for each month
Months reported
104
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 Gas112019-02-06222843
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
CondensateDisposition262,229 bbl$16,049,389
GasProduction1,118,214 Mcf$3,729,871
Total$19,779,260

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 31.8840, -103.9501. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.88396, -103.95010 · 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
10,086 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 10,086 ft.

Completions filed
Oct 2017
1 of 1 wells

1 well

42-389355798H10,086 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 (104)

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

104 months

May 20267415,948106.413.05$96,966
Apr 20261,0906,61298.932.87$126,808
Mar 20268755,08389.753.15$94,540
Feb 20266953,93563.503.75$58,890
Jan 20268284,81359.138.00$87,454
Dec 20251,0945,58456.664.41$86,630
Nov 20255162,91958.593.93$41,694
Oct 20256681,61859.383.30$45,013
Sep 20255805,25962.743.08$52,571
Aug 20254402,08663.933.01$34,418
Jul 20259797,46566.743.32$90,086
Jun 20251,0735,62566.483.13$88,932
May 20259676,05960.553.23$78,136
Apr 20259664,83162.363.54$77,357
Mar 20251,3105,19767.704.27$110,869
Feb 20251,1584,24670.884.34$100,510
Jan 20257612,73574.324.28$68,260
Dec 20245313,87868.993.12$48,738
Nov 20241,179369.052.20$81,417
Oct 202401571.372.28$34
Sep 20240069.612.36$0
Aug 202454575.632.06$4,094
Jul 20242879,15179.932.15$42,583
Jun 20243929,05678.082.63$54,461
May 202494011,01078.812.20$98,286
Apr 20242,15912,98284.451.66$203,867
Mar 20244986,24280.301.55$49,634
Feb 20246726,75676.091.78$63,183
Jan 20248266,68873.023.30$82,369
Dec 20235165,42871.262.61$50,941
Nov 20236734,95677.892.81$66,334
Oct 20231,1107,52685.443.09$118,073
Sep 20239797,47089.042.74$107,601
Aug 20235163,43980.522.67$50,740
Jul 20236197,04574.852.64$64,944
Jun 20231,2748,15268.962.26$106,266
May 20231,3958,64570.622.23$117,771
Apr 20231,3938,64778.122.24$128,171
Mar 20231,4217,35672.852.39$121,124
Feb 20231,3367,55375.112.47$118,970
Jan 20231,4478,34576.533.39$139,009
Dec 20221,2326,08176.415.73$128,976
Nov 20221,4737,66685.005.65$168,489
Oct 20221,1127,71887.185.86$142,201
Sep 202294011,10084.888.16$170,404
Aug 20221,53310,58494.529.13$241,501
Jul 20221,1439,866101.587.54$190,516
Jun 20222,2278,548115.097.98$324,495
May 20221,7759,676109.378.43$275,730
Apr 20222,11210,665104.226.84$293,036
Mar 20221,6428,247108.885.08$220,646
Feb 20221,2225,37391.054.86$137,370
Jan 20221,9228,80181.844.54$197,233
Dec 20212,04210,64171.323.90$187,126
Nov 20211,2028,92677.435.24$139,815
Oct 20211,63810,23079.795.71$189,149
Sep 20211,72611,55069.865.35$182,381
Aug 20211,77911,28266.024.22$165,066
Jul 20211,82110,37770.783.98$170,212
Jun 20211,76011,26269.493.38$160,375
May 20211,97112,68163.483.02$163,386
Apr 20212,24513,10860.362.76$171,666
Mar 20212,24212,05061.302.72$170,174
Feb 20211,5748,48657.805.55$138,057
Jan 20212,42812,54150.412.81$157,639
Dec 20202,1899,43344.642.68$122,955
Nov 20202,35212,30638.772.71$124,494
Oct 20201,99210,63936.972.48$100,012
Sep 20202,39512,81237.091.99$114,340
Aug 20201,83410,19539.982.39$97,639
Jul 20202,24711,74938.371.83$107,661
Jun 20202,26611,54734.901.69$98,601
May 20202,2769,35916.921.81$55,494
Apr 20202,03710,61314.751.80$49,196
Mar 20202,48712,58230.341.86$98,811
Feb 20201,8268,51649.881.98$107,948
Jan 20202,6068,62657.252.09$167,263
Dec 20192,57111,83759.012.30$178,991
Nov 20192,49310,88255.302.75$167,796
Oct 20192,55111,10853.472.42$163,267
Sep 20192,63012,83355.052.66$178,882
Aug 20193,18115,20953.112.30$203,990
Jul 20193,10215,29356.272.46$212,171
Jun 20193,41812,36152.782.49$211,196
May 20193,53817,45058.482.74$254,721
Apr 20193,35135,53062.632.75$307,606
Mar 20192,64713,94456.803.06$193,048
Feb 20193,63722,36250.852.79$247,381
Jan 20193,60712,76046.033.23$207,222
Dec 20184,82910,81646.594.19$270,253
Nov 20184,2798,97452.934.24$264,512
Oct 20184,6007,79561.443.40$309,112
Sep 20184,39113,34459.543.11$302,913
Aug 20185,73311,27159.403.07$375,103
Jul 20184,98114,33865.142.93$366,500
Jun 20186,51117,65060.183.08$446,140
May 20184,76412,09865.382.90$346,564
Apr 20186,90419,06963.842.90$496,067
Mar 20188,80424,53061.222.79$607,342
Feb 20189,90726,40861.782.77$685,102
Jan 201812,84629,18062.874.01$924,620
Dec 201717,90346,53257.272.92$1,161,249
Nov 201719,03251,67755.423.12$1,215,901
Oct 20177,79336,76449.292.98$493,809

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           741 bbl  × $106.41 =    $78,850
Gas                5,948 Mcf  × $  3.05 =    $18,117

────────────────────────────────────────────────────
Month total                                  $96,966

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/283219 is the state's own key, not one this site invented.