BRECKENRIDGE

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 283650District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$40.1 M
Jul 2017 – May 2026
Value, last 12 filed months
$1.9 M
at the published price for each month
Months reported
107
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 Gas112019-07-18223470
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
CondensateDisposition463,409 bbl$27,250,897
GasProduction3,918,171 Mcf$12,896,469
Total$40,147,366

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 31.6267, -103.9838. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.62667, -103.98379 · 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
9,924 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 9,924 ft.

Completions filed
Jul 2017
1 of 1 wells

1 well

42-38935589L 06H9,924 ftJul 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 (107)

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

107 months

May 20261,26018,842106.413.05$191,466
Apr 20261,28118,18798.932.87$178,921
Mar 20261,33218,35189.753.15$177,342
Feb 20261,19416,23163.503.75$136,690
Jan 20261,09315,60959.138.00$189,469
Dec 20251,31217,58956.664.41$151,965
Nov 20251,26518,20458.593.93$145,593
Oct 20251,43119,56759.383.30$149,639
Sep 20251,39819,59362.743.08$147,997
Aug 20251,33719,92863.933.01$145,553
Jul 20251,50420,39466.743.32$167,987
Jun 20251,29019,56666.483.13$146,976
May 20251,29119,27060.553.23$140,457
Apr 20251,45420,26662.363.54$162,476
Mar 20251,63821,29467.704.27$201,782
Feb 20251,39618,30370.884.34$178,399
Jan 20251,27518,05874.324.28$172,022
Dec 20241,35619,25968.993.12$153,665
Nov 20241,38619,66369.052.20$138,931
Oct 20241,68724,10371.372.28$175,390
Sep 20241,63623,32569.612.36$169,031
Aug 20241,59024,20475.632.06$170,200
Jul 20241,62323,57479.932.15$180,330
Jun 20241,65223,40878.082.63$190,644
May 20241,58123,11478.812.20$175,413
Apr 20241,73121,47284.451.66$181,809
Mar 20241,56521,27380.301.55$158,539
Feb 20241,77722,15576.091.78$174,728
Jan 20241,69623,00973.023.30$199,718
Dec 20232,02824,59771.262.61$208,731
Nov 20231,20823,21477.892.81$159,266
Oct 20231,86423,41785.443.09$231,555
Sep 20231,65922,68089.042.74$209,748
Aug 20231,60921,63180.522.67$187,374
Jul 20231,91925,08074.852.64$209,893
Jun 20231,95524,81968.962.26$190,870
May 20232,00525,33370.622.23$198,020
Apr 20231,89324,03778.122.24$201,670
Mar 20232,07325,32772.852.39$211,630
Feb 20231,89622,26275.112.47$197,300
Jan 20232,08025,48676.533.39$245,522
Dec 20222,06724,99476.415.73$301,132
Nov 20221,80923,89985.005.65$288,704
Oct 20222,14926,17987.185.86$340,857
Sep 20222,05724,54084.888.16$374,935
Aug 20222,32027,05994.529.13$466,258
Jul 20222,16327,769101.587.54$429,154
Jun 20222,11626,358115.097.98$453,793
May 20222,36428,765109.378.43$501,127
Apr 20222,39828,043104.226.84$441,666
Mar 20222,38625,586108.885.08$389,672
Feb 20222,39024,52591.054.86$336,773
Jan 20222,88029,54181.844.54$369,747
Dec 20212,98629,93671.323.90$329,686
Nov 20212,56926,76777.435.24$339,092
Oct 20213,14729,00579.795.71$416,830
Sep 20212,32725,16869.865.35$297,236
Aug 20211,85520,58966.024.22$209,365
Jul 20212,85621,11270.783.98$286,217
Jun 20212,74628,14869.493.38$285,977
May 20212,30024,17863.483.02$218,965
Apr 20212,48826,24360.362.76$222,565
Mar 20212,57127,10261.302.72$231,237
Feb 20212,02022,37857.805.55$240,908
Jan 20213,27133,92750.412.81$260,235
Dec 20203,52834,31144.642.68$249,288
Nov 20203,36932,61338.772.71$218,886
Oct 20203,61534,73036.972.48$219,722
Sep 20203,28432,38637.091.99$186,285
Aug 20203,63136,39939.982.39$231,983
Jul 20203,36634,08238.371.83$191,357
Jun 20203,61936,24034.901.69$187,560
May 20201,09313,58416.921.81$43,145
Apr 20203,98937,28814.751.80$126,119
Mar 20204,29438,97630.341.86$202,628
Feb 20204,04034,70249.881.98$270,248
Jan 20204,73338,28657.252.09$351,163
Dec 20194,54438,99059.012.30$357,988
Nov 20194,65338,66955.302.75$363,678
Oct 20194,59939,95553.472.42$342,541
Sep 20194,48237,27955.052.66$345,795
Aug 20194,76439,35353.112.30$343,700
Jul 20194,67337,41656.272.46$354,995
Jun 20194,74134,41652.782.49$335,967
May 20194,25441,32158.482.74$362,007
Apr 20195,48146,04862.632.75$469,939
Mar 20196,58051,64656.803.06$531,889
Feb 20196,12848,20050.852.79$446,194
Jan 20197,31449,11046.033.23$495,199
Dec 20187,86351,61346.594.19$582,360
Nov 20187,80158,66052.934.24$661,463
Oct 20188,23263,95561.443.40$723,098
Sep 20188,50662,38059.543.11$700,324
Aug 20188,65459,67959.403.07$697,057
Jul 20189,29864,84365.142.93$795,784
Jun 20188,44156,61560.183.08$682,179
May 20188,93061,67665.382.90$762,753
Apr 20185,71139,83063.842.90$480,129
Mar 201812,05575,65961.222.79$948,857
Feb 201811,46574,97661.782.77$915,700
Jan 201813,46284,28562.874.01$1,184,281
Dec 201714,63791,68357.272.92$1,106,115
Nov 201716,647107,23855.423.12$1,256,983
Oct 201721,610128,33449.292.98$1,448,064
Sep 201726,656159,88847.523.09$1,760,312
Aug 201735,439201,93345.373.00$2,214,555
Jul 201710,77361,41943.873.09$662,229

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         1,260 bbl  × $106.41 =   $134,077
Gas               18,842 Mcf  × $  3.05 =    $57,390

────────────────────────────────────────────────────
Month total                                 $191,466

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/283650 is the state's own key, not one this site invented.