SPEEDY 57-3-37

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 283420District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$27.4 M
Aug 2017 – May 2026
Value, last 12 filed months
$1.3 M
at the published price for each month
Months reported
106
no gaps in the span
Streams
2
condensate, gas

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 Gas112019-04-09223190
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
CondensateDisposition370,183 bbl$21,857,905
GasProduction1,662,866 Mcf$5,553,624
Total$27,411,529

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 31.6792, -103.9097. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.67925, -103.90972 · 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
10,059 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 10,059 ft.

Completions filed
Apr 2018
1 of 1 wells

1 well

42-389358251H10,059 ftApr 2018

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 20261,8509,607106.413.05$226,120
Apr 202612098.932.87$1,187
Mar 20269572,80889.753.15$94,734
Feb 2026246463.503.75$15,636
Jan 20267411,73359.138.00$57,676
Dec 20257046,26756.664.41$67,547
Nov 202592811,41358.593.93$99,184
Oct 20251,68312,46659.383.30$141,135
Sep 20251,80412,26062.743.08$150,906
Aug 20251,77011,73763.933.01$148,540
Jul 20251,0586,22166.743.32$91,235
Jun 20252,1509,35166.483.13$172,189
May 20254663,74160.553.23$40,308
Apr 20251,2726,29062.363.54$101,608
Mar 20257017,66067.704.27$80,153
Feb 2025486,40170.884.34$31,188
Jan 20252842074.324.28$21,192
Dec 20241,1842,98968.993.12$91,014
Nov 20241,94213,02569.052.20$162,730
Oct 20242,08213,53371.372.28$179,467
Sep 20241,85111,45969.612.36$155,941
Aug 20242,22814,02975.632.06$197,454
Jul 20241,33910,84679.932.15$130,308
Jun 20242,70013,01578.082.63$245,097
May 20242,71614,89478.812.20$246,792
Apr 20242,66617,39584.451.66$254,005
Mar 20240080.301.55$0
Feb 20241076.091.78$76
Jan 20240073.023.30$0
Dec 20231,6959,30671.262.61$145,081
Nov 20236902,01277.892.81$59,393
Oct 20235563185.443.09$47,600
Sep 20237134,64889.042.74$76,198
Aug 20239952,58380.522.67$87,021
Jul 20231,6538,08174.852.64$145,075
Jun 20231,9059,16668.962.26$152,070
May 20232,33313,03270.622.23$193,784
Apr 20232,56213,03078.122.24$229,301
Mar 20232,13811,64872.852.39$183,629
Feb 20231,98611,42675.112.47$177,341
Jan 20232,52412,33576.533.39$234,949
Dec 20222,24112,68976.415.73$243,931
Nov 20222,46617,13785.005.65$306,369
Oct 20222,84318,53487.185.86$356,532
Sep 20222,16913,39684.888.16$293,465
Aug 20222,88918,09094.529.13$438,179
Jul 20222,57417,267101.587.54$391,696
Jun 20222,82417,717115.097.98$466,346
May 20222,90516,258109.378.43$454,824
Apr 20222,99615,559104.226.84$418,629
Mar 20223,20716,519108.885.08$433,035
Feb 20222,73613,13091.054.86$312,909
Jan 20223,32115,03681.844.54$340,019
Dec 20213,74817,81171.323.90$336,755
Nov 20213,78116,18177.435.24$377,500
Oct 20211,1728,62779.795.71$142,807
Sep 20212,64816,32969.865.35$272,364
Aug 20213,49821,75566.024.22$322,757
Jul 20213,63020,92570.783.98$340,256
Jun 20213,60220,59669.493.38$319,930
May 20213,58627,36163.483.02$310,206
Apr 20213,96626,23560.362.76$311,755
Mar 20214,36423,79561.302.72$332,163
Feb 20212,77615,58557.805.55$246,918
Jan 20214,52220,44850.412.81$285,418
Dec 20204,59220,75044.642.68$260,503
Nov 20203,86621,67238.772.71$208,542
Oct 20204,46122,40436.972.48$220,450
Sep 20204,46922,25337.091.99$210,062
Aug 20205,39921,48139.982.39$267,086
Jul 20206,08422,46338.371.83$274,441
Jun 20206,25324,38034.901.69$259,439
May 20206,92828,24916.921.81$168,487
Apr 20207,60034,35914.751.80$174,097
Mar 20208,02832,91030.341.86$304,658
Feb 20203,88415,00749.881.98$223,458
Jan 20206,38524,30857.252.09$416,460
Dec 20197,86129,74459.012.30$532,418
Nov 20197,35731,59155.302.75$493,739
Oct 20199,15436,53853.472.42$577,833
Sep 20198,60729,63255.052.66$552,556
Aug 20199,72338,31353.112.30$604,675
Jul 201910,09338,00956.272.46$661,438
Jun 201911,54937,17752.782.49$702,172
May 201913,52339,30358.482.74$898,528
Apr 201911,28340,62962.632.75$818,412
Mar 201910,86139,27656.803.06$737,172
Feb 20196,79121,03250.852.79$404,048
Jan 201912,83848,38246.033.23$747,119
Dec 201811,24639,22446.594.19$688,121
Nov 201813,99952,04452.934.24$961,490
Oct 201819,13575,39461.443.40$1,431,849
Sep 20186,54225,23459.543.11$467,938
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20182,0757,66663.842.90$154,706
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
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         1,850 bbl  × $106.41 =   $196,859
Gas                9,607 Mcf  × $  3.05 =    $29,261

────────────────────────────────────────────────────
Month total                                 $226,120

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/283420 is the state's own key, not one this site invented.