MineralRecord
Log inSign up

PIPEWORKS

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 283902District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$36.4 M
May 2017 – May 2026
Value, last 12 filed months
$2.2 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 Gas112020-08-13220831
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
CondensateDisposition386,526 bbl$22,674,214
GasProduction4,245,085 Mcf$13,745,448
Total$36,419,662

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 31.6277, -103.8578. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.62774, -103.85777 · 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
10,801 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 10,801 ft.

Completions filed
May 2017
1 of 1 wells

1 well

42-38935608B 05H10,801 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 20262,25313,538106.413.05$280,976
Apr 20262,38312,85098.932.87$272,626
Mar 20262,24811,64889.753.15$238,443
Feb 20261,69313,91463.503.75$159,687
Jan 20261,40212,02059.138.00$179,035
Dec 20251,76214,99156.664.41$165,996
Nov 20251,42714,20958.593.93$139,399
Oct 20251,62216,14259.383.30$149,661
Sep 20251,29816,58662.743.08$132,470
Aug 20251,30916,81063.933.01$134,362
Jul 20251,39818,17566.743.32$153,556
Jun 20251,34719,13766.483.13$149,423
May 20251,77318,88960.553.23$168,410
Apr 202578824,00162.363.54$134,178
Mar 20251,43120,15067.704.27$182,885
Feb 202548517,92470.884.34$112,182
Jan 202575120,80974.324.28$144,849
Dec 20241,65618,17868.993.12$170,988
Nov 20241,43917,54269.052.20$137,928
Oct 20241,68020,22671.372.28$166,045
Sep 20241,59419,71769.612.36$157,576
Aug 20241,61518,53775.632.06$160,396
Jul 20241,72119,99879.932.15$180,487
Jun 20241,45819,53678.082.63$165,298
May 20241,75123,41978.812.20$189,482
Apr 20241,42922,79584.451.66$158,501
Mar 20241,53123,20380.301.55$158,791
Feb 20241,66020,68276.091.78$163,199
Jan 20241,65423,22173.023.30$197,350
Dec 20231,44522,57771.262.61$161,913
Nov 20231,55417,07977.892.81$168,991
Oct 20232,03917,88785.443.09$229,434
Sep 20231,57522,43289.042.74$201,590
Aug 20231,63024,45680.522.67$196,616
Jul 20231,55722,15274.852.64$175,063
Jun 20231,77322,88668.962.26$173,954
May 20231,87527,32870.622.23$193,283
Apr 20231,87725,10878.122.24$202,817
Mar 20231,80426,25872.852.39$194,261
Feb 20231,87825,29675.112.47$203,428
Jan 20232,04328,34976.533.39$252,389
Dec 20222,26326,91476.415.73$327,108
Nov 20222,35926,53185.005.65$350,314
Oct 20222,41624,15687.185.86$352,272
Sep 20222,26725,43984.888.16$400,099
Aug 20221,95326,82994.529.13$429,470
Jul 20221,68719,051101.587.54$315,050
Jun 20221,94922,233115.097.98$401,668
May 20221,88618,492109.378.43$362,216
Apr 20221,99220,383104.226.84$346,977
Mar 20222,14620,782108.885.08$339,154
Feb 20221,46724,71591.054.86$253,657
Jan 20222,33835,16781.844.54$350,919
Dec 20212,46637,22071.323.90$321,000
Nov 20212,01929,09077.435.24$308,671
Oct 20212,70525,82279.795.71$363,376
Sep 20212,52128,54569.865.35$328,859
Aug 20212,39033,90666.024.22$300,891
Jul 20212,49034,86070.783.98$315,058
Jun 20213,02137,08469.493.38$335,296
May 20211,85931,49563.483.02$213,051
Apr 20212,48538,14860.362.76$255,223
Mar 20212,32433,76561.302.72$234,199
Feb 20212,01232,04857.805.55$294,094
Jan 20212,79540,15950.412.81$253,754
Dec 20202,85937,47044.642.68$227,875
Nov 20203,04337,02138.772.71$218,177
Oct 20202,80636,31336.972.48$193,737
Sep 20202,85541,29337.091.99$188,108
Aug 20203,48245,03639.982.39$246,626
Jul 20202,36931,53538.371.83$148,454
Jun 20202,50328,65934.901.69$135,797
May 20202,90241,32316.921.81$124,093
Apr 20203,03541,67414.751.80$119,962
Mar 20203,30244,12530.341.86$182,089
Feb 20203,41042,72049.881.98$254,705
Jan 20203,96346,03657.252.09$323,315
Dec 20193,59745,86959.012.30$317,958
Nov 20193,57945,72755.302.75$323,700
Oct 20193,30643,47753.472.42$281,923
Sep 20193,89249,04455.052.66$344,578
Aug 20193,81647,22953.112.30$311,500
Jul 20194,03445,59856.272.46$339,167
Jun 20193,53840,06452.782.49$286,543
May 20194,16353,81258.482.74$390,914
Apr 20193,26439,65362.632.75$313,498
Mar 20194,73157,13156.803.06$443,662
Feb 20193,47350,14750.852.79$316,624
Jan 20195,24459,80046.033.23$434,426
Dec 20185,66354,90046.594.19$493,620
Nov 20184,98462,34552.934.24$527,974
Oct 20185,28662,84361.443.40$538,317
Sep 20185,65765,22959.543.11$539,550
Aug 20185,61563,52959.403.07$528,346
Jul 20185,47569,49065.142.93$560,378
Jun 20185,74463,59060.183.08$541,335
May 20186,18462,70965.382.90$586,216
Apr 20186,19259,60663.842.90$568,202
Mar 20186,89368,24961.222.79$612,189
Feb 20186,75566,26561.782.77$600,621
Jan 20187,99077,96462.874.01$814,914
Dec 20178,37380,86057.272.92$715,756
Nov 20178,90286,20855.423.12$762,176
Oct 201710,919101,47649.292.98$840,969
Sep 201712,002112,94947.523.09$919,040
Aug 201714,093128,47745.373.00$1,025,396
Jul 201719,926171,35643.873.09$1,403,178
Jun 201721,457147,33042.493.09$1,366,557
May 201715,83285,46545.373.26$997,204

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         2,253 bbl  × $106.41 =   $239,742
Gas               13,538 Mcf  × $  3.05 =    $41,235

────────────────────────────────────────────────────
Month total                                 $280,976

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/283902 is the state's own key, not one this site invented.