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FIVER STATE 18

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 283260District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$23.4 M
May 2017 – May 2026
Value, last 12 filed months
$1.4 M
at the published price for each month
Months reported
109
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 Gas112019-04-02222852
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
CondensateDisposition272,038 bbl$16,059,639
GasProduction2,271,817 Mcf$7,385,156
Total$23,444,795

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 31.5789, -103.6721. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.57888, -103.67211 · 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
11,559 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 11,559 ft.

Completions filed
May 2017
1 of 1 wells

1 well

42-389357322H11,559 ftMay 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 (109)

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

109 months

May 20262971,492106.413.05$36,148
Apr 202617568298.932.87$19,270
Mar 202659662289.753.15$55,450
Feb 20261,20810,96663.503.75$117,834
Jan 20261,05210,35759.138.00$145,039
Dec 20251,21311,71356.664.41$120,422
Nov 20251,60815,61358.593.93$155,516
Oct 20251,60416,71359.383.30$150,479
Sep 20251,55014,54962.743.08$142,013
Aug 20251,49014,09263.933.01$137,740
Jul 20251,65214,64566.743.32$158,806
Jun 20251,65414,25166.483.13$154,545
May 20251,72326,14960.553.23$188,850
Apr 20251,64324,01762.363.54$187,553
Mar 20251,74714,72467.704.27$181,119
Feb 20251,29711,08170.884.34$140,032
Jan 20251,51711,92274.324.28$163,754
Dec 20241,65217,14468.993.12$167,484
Nov 20241,62416,80569.052.20$149,082
Oct 20241,74616,54271.372.28$162,351
Sep 20241,63715,09069.612.36$149,630
Aug 20241,73814,07075.632.06$160,480
Jul 20241,66413,77579.932.15$162,573
Jun 20241,52214,38878.082.63$156,735
May 20241,62514,71878.812.20$160,423
Apr 20241,35614,02584.451.66$137,784
Mar 20241,46214,74780.301.55$140,185
Feb 20241,45212,77376.091.78$133,265
Jan 20241,41514,43973.023.30$150,938
Dec 20231,77515,07171.262.61$165,833
Nov 20231,33812,34577.892.81$138,876
Oct 20231,78814,80085.443.09$198,458
Sep 20231,56115,07189.042.74$180,211
Aug 20231,40314,36780.522.67$151,371
Jul 20231,39715,43474.852.64$145,339
Jun 20231,40515,16668.962.26$131,141
May 20231,42416,61870.622.23$137,578
Apr 20232,10415,68078.122.24$199,453
Mar 20231,64117,39472.852.39$161,173
Feb 20231,70416,01275.112.47$167,468
Jan 20232,28219,13676.533.39$239,469
Dec 20221,90217,62876.415.73$246,324
Nov 20221,72216,61285.005.65$240,165
Oct 20221,49318,14787.185.86$236,569
Sep 20221,68418,59384.888.16$294,725
Aug 20221,45016,02894.529.13$283,344
Jul 20221,12411,700101.587.54$202,418
Jun 20221,59414,352115.097.98$297,942
May 20221,33912,677109.378.43$253,352
Apr 202278512,886104.226.84$169,922
Mar 202269013,303108.885.08$142,659
Feb 20228137,94191.054.86$112,608
Jan 202283711,95381.844.54$122,739
Dec 20211,39811,32371.323.90$143,855
Nov 20211,70713,00377.435.24$200,268
Oct 20211,58217,57779.795.71$226,660
Sep 20211,70616,61569.865.35$208,087
Aug 20211,42615,44466.024.22$159,327
Jul 20211,52015,80170.783.98$170,506
Jun 20211,26014,70769.493.38$137,276
May 20211,53613,90063.483.02$139,451
Apr 20211,83811,78360.362.76$143,444
Mar 20212,47015,98861.302.72$194,849
Feb 20211,1538,54457.805.55$114,045
Jan 20212,77719,84950.412.81$195,770
Dec 20202,88434,48844.642.68$221,013
Nov 20203,17130,09338.772.71$204,388
Oct 20203,09433,34436.972.48$197,026
Sep 20202,57534,30937.091.99$163,817
Aug 20202,61823,67339.982.39$161,130
Jul 20203,24920,46938.371.83$162,023
Jun 20203,19519,90834.901.69$145,156
May 20203,37220,63716.921.81$94,505
Apr 20202,86219,46914.751.80$77,344
Mar 20203,27020,69830.341.86$137,632
Feb 20202,58119,67449.881.98$167,708
Jan 20202,24721,53757.252.09$173,755
Dec 20192,42923,06059.012.30$196,474
Nov 20192,27224,57955.302.75$193,251
Oct 20193,03525,68953.472.42$224,411
Sep 20193,19726,12055.052.66$245,403
Aug 20193,15129,32853.112.30$234,932
Jul 20192,38821,45156.272.46$187,144
Jun 20192,52023,60452.782.49$191,808
May 20192,66525,80058.482.74$226,549
Apr 20192,65024,88662.632.75$234,423
Mar 20192,97626,19856.803.06$249,258
Feb 20192,93224,40550.852.79$217,236
Jan 20192,95626,26046.033.23$220,837
Dec 20183,73728,85146.594.19$294,861
Nov 20183,31827,43452.934.24$291,866
Oct 20183,56127,92461.443.40$313,676
Sep 20183,19926,96959.543.11$274,288
Aug 20185,04427,39759.403.07$383,628
Jul 20184,81430,41465.142.93$402,754
Jun 20184,53133,60160.183.08$376,063
May 20183,92831,01865.382.90$346,790
Apr 20183,63026,54463.842.90$308,738
Mar 20187,05433,09961.222.79$524,088
Feb 20184,96035,30561.782.77$404,087
Jan 20185,85341,05062.874.01$532,561
Dec 20176,35647,36557.272.92$502,386
Nov 20176,73252,53755.423.12$536,917
Oct 20177,60854,84749.292.98$538,644
Sep 20175,78243,70047.523.09$409,675
Aug 201710,47284,10545.373.00$727,800
Jul 20174,82414,32643.873.09$255,857
Jun 201710,88660,47342.493.09$649,243
May 201791319,62745.373.26$105,474

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           297 bbl  × $106.41 =    $31,604
Gas                1,492 Mcf  × $  3.05 =     $4,544

────────────────────────────────────────────────────
Month total                                  $36,148

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/283260 is the state's own key, not one this site invented.