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RANGER

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 284132District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$57.8 M
Nov 2017 – May 2026
Value, last 12 filed months
$3.6 M
at the published price for each month
Months reported
103
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 Gas112020-07-10223478
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
CondensateDisposition694,080 bbl$43,081,085
GasProduction4,471,959 Mcf$14,745,729
Total$57,826,813

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 31.6805, -103.6760. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.68045, -103.67602 · 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
10,945 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 10,945 ft.

Completions filed
Apr 2018
1 of 1 wells

1 well

42-38936239L 05H10,945 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 (103)

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

103 months

May 20262,89123,426106.413.05$378,983
Apr 20262,62221,89198.932.87$322,216
Mar 20262,44024,63689.753.15$296,580
Feb 20262,55322,56163.503.75$246,726
Jan 20262,35223,78559.138.00$329,304
Dec 20252,93029,33256.664.41$295,466
Nov 20252,93228,65558.593.93$284,298
Oct 20253,03329,83459.383.30$278,696
Sep 20253,12026,28162.743.08$276,613
Aug 20252,82126,67863.933.01$260,774
Jul 20253,27428,79466.743.32$313,965
Jun 20253,61428,11466.483.13$328,220
May 20253,36319,59160.553.23$266,954
Apr 20253,29425,58262.363.54$296,054
Mar 20253,61420,01967.704.27$330,115
Feb 20252,99614,08470.884.34$273,493
Jan 20253,11714,27574.324.28$292,734
Dec 20243,24216,45568.993.12$275,028
Nov 20243,13316,14069.052.20$251,816
Oct 20243,46918,56771.372.28$289,941
Sep 20243,44017,75469.612.36$281,435
Aug 20243,49118,46575.632.06$302,129
Jul 20243,76219,22279.932.15$341,958
Jun 20243,33316,59678.082.63$303,954
May 20243,09415,77678.812.20$278,521
Apr 20242,64214,27084.451.66$246,794
Mar 20243,56219,69280.301.55$316,455
Feb 20243,48719,51576.091.78$300,134
Jan 20243,11118,15373.023.30$287,028
Dec 20233,52020,87071.262.61$305,321
Nov 20233,88322,88377.892.81$366,692
Oct 20234,21122,42685.443.09$429,023
Sep 20233,17315,73089.042.74$325,546
Aug 20233,89723,05780.522.67$375,415
Jul 20233,95224,83674.852.64$361,419
Jun 20233,46820,28768.962.26$284,971
May 20234,10926,48570.622.23$349,170
Apr 20233,87327,50578.122.24$364,108
Mar 20233,91028,76872.852.39$353,690
Feb 20232,51120,26275.112.47$238,561
Jan 20232,71822,01076.533.39$282,572
Dec 20223,13922,81876.415.73$370,577
Nov 20223,83025,54085.005.65$469,754
Oct 20223,96725,32587.185.86$494,343
Sep 20224,11921,91884.888.16$528,552
Aug 20224,49023,50594.529.13$638,929
Jul 20224,59924,277101.587.54$650,266
Jun 20223,97329,963115.097.98$696,273
May 20224,00330,606109.378.43$695,910
Apr 20223,60336,350104.226.84$624,051
Mar 20224,05140,881108.885.08$648,601
Feb 20223,87039,12391.054.86$542,456
Jan 20224,52248,96681.844.54$592,273
Dec 20214,84751,44571.323.90$546,278
Nov 20214,77549,30777.435.24$627,942
Oct 20214,98348,91479.795.71$677,082
Sep 20214,92746,95169.865.35$595,431
Aug 20214,86446,71166.024.22$518,269
Jul 20214,90945,37670.783.98$528,150
Jun 20215,30444,71169.493.38$519,726
May 20215,46350,18463.483.02$498,230
Apr 20215,50350,73060.362.76$472,096
Mar 20215,82750,78561.302.72$495,175
Feb 20214,18433,98757.805.55$430,393
Jan 20216,35254,06050.412.81$472,128
Dec 20207,08958,42044.642.68$472,753
Nov 20207,33059,39138.772.71$444,930
Oct 20207,80568,40236.972.48$458,080
Sep 20207,34364,40937.091.99$400,593
Aug 20207,63567,45539.982.39$466,134
Jul 20207,12563,84638.371.83$389,913
Jun 20207,73460,19634.901.69$371,667
May 20202281,43616.921.81$6,464
Apr 20206,81455,82814.751.80$201,241
Mar 20207,29359,03530.341.86$330,852
Feb 20207,48960,25749.881.98$492,901
Jan 20208,36166,44857.252.09$617,859
Dec 20198,23262,76859.012.30$630,410
Nov 20198,09559,73955.302.75$611,978
Oct 20198,67964,54453.472.42$620,168
Sep 20199,05070,63655.052.66$685,902
Aug 20199,75568,93453.112.30$676,937
Jul 201910,33477,18756.272.46$771,379
Jun 201910,47275,15952.782.49$739,948
May 201910,34365,99558.482.74$785,706
Apr 20198,84956,01662.632.75$708,296
Mar 201912,22578,74956.803.06$935,517
Feb 201912,428101,72750.852.79$916,008
Jan 201915,821104,93846.033.23$1,066,999
Dec 201817,524105,45046.594.19$1,257,798
Nov 201818,139101,43752.934.24$1,389,910
Oct 201821,418107,94561.443.40$1,682,728
Sep 201826,763138,28559.543.11$2,023,259
Aug 201834,370179,59759.403.07$2,592,323
Jul 201856,139218,83465.142.93$4,298,489
Jun 201858,715176,69560.183.08$4,077,145
May 201810,08534,88065.382.90$760,537
Apr 20183371,62663.842.90$26,231
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

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         2,891 bbl  × $106.41 =   $307,631
Gas               23,426 Mcf  × $  3.05 =    $71,352

────────────────────────────────────────────────────
Month total                                 $378,983

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/284132 is the state's own key, not one this site invented.