HIPPO

Operated by MATADOR PRODUCTION COMPANY (P-5 532993) 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 284885District 08Field 71052900Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$25.2 M
Mar 2018 – May 2026
Value, last 12 filed months
$1.0 M
at the published price for each month
Months reported
99
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.

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
CondensateDisposition311,793 bbl$20,129,701
GasProduction1,485,584 Mcf$5,109,073
Total$25,238,774

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 31.9503, -103.2718. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.95032, -103.27181 · 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
12,367 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 12,367 ft.

Completions filed
Mar 2018
1 of 1 wells

1 well

42-495339972H12,367 ftMar 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 (99)

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

99 months

May 20264258,492106.413.05$71,090
Apr 20264869,52198.932.87$75,403
Mar 20266367,98689.753.15$82,232
Feb 20266456,75763.503.75$66,298
Jan 20269738,76059.138.00$127,595
Dec 20259369,99956.664.41$97,163
Nov 20251,2139,08358.593.93$106,734
Oct 20259188,68159.383.30$83,200
Sep 20254528,87462.743.08$55,663
Aug 202581110,71763.933.01$84,156
Jul 20251,1899,90666.743.32$112,194
Jun 20251,05595466.483.13$73,121
May 20251,6619,17860.553.23$130,240
Apr 20251,0495,74162.363.54$85,757
Mar 20251,0076,31467.704.27$95,124
Feb 20257574,99170.884.34$75,321
Jan 20251,60011,11674.324.28$166,474
Dec 20241,67111,18268.993.12$150,185
Nov 202499814,94869.052.20$101,774
Oct 202492812,64071.372.28$95,068
Sep 202491911,49269.612.36$91,143
Aug 20241,23810,82575.632.06$115,969
Jul 20241,5989,43379.932.15$147,977
Jun 20241,8368,96378.082.63$166,963
May 20242,0149,29278.812.20$179,151
Apr 20243,01115,23884.451.66$279,562
Mar 20242791,16480.301.55$24,202
Feb 20245222,97776.091.78$45,029
Jan 20241662,35873.023.30$19,897
Dec 20232029471.262.61$2,193
Nov 20231,1937,91177.892.81$115,133
Oct 20231,23110,42385.443.09$137,355
Sep 20231,5849,47689.042.74$166,957
Aug 20231,76010,02280.522.67$168,503
Jul 20231,97413,20474.852.64$182,636
Jun 20231,87312,05368.962.26$156,384
May 20231,49111,48670.622.23$130,878
Apr 20231,97811,56878.122.24$180,408
Mar 20232,27112,18872.852.39$194,610
Feb 20231,5998,91275.112.47$142,075
Jan 20232,18311,94676.533.39$207,535
Dec 20222,38412,08576.415.73$251,397
Nov 20222,03413,22685.005.65$247,567
Oct 20222,36813,27987.185.86$284,307
Sep 20222,53416,97084.888.16$353,624
Aug 20222,47817,84294.529.13$397,067
Jul 20224,16714,951101.587.54$536,046
Jun 20223,38212,937115.097.98$492,435
May 20221,38915,331109.378.43$281,202
Apr 20222,06716,892104.226.84$330,923
Mar 20223,08917,947108.885.08$427,436
Feb 20223,97816,53491.054.86$442,533
Jan 20225,96421,51081.844.54$585,699
Dec 20215,49523,04171.323.90$481,743
Nov 20213,8545,33677.435.24$326,359
Oct 20219,00821,93879.795.71$844,099
Sep 20214,95111,18169.865.35$405,706
Aug 202106466.024.22$270
Jul 202105370.783.98$211
Jun 202102469.493.38$81
May 202108863.483.02$266
Apr 20210060.362.76$0
Mar 2021012161.302.72$329
Feb 20210057.805.55$0
Jan 2021623250.412.81$954
Dec 202014135044.642.68$7,231
Nov 20201,95511,35938.772.71$106,539
Oct 20202,64612,59736.972.48$129,043
Sep 20202,83812,66737.091.99$130,482
Aug 20203,13314,83939.982.39$160,650
Jul 20202,95912,12038.371.83$135,657
Jun 20203,77819,99734.901.69$165,653
May 20200016.921.81$0
Apr 20203,27912,27614.751.80$70,516
Mar 20203,20516,50930.341.86$127,884
Feb 20203,29817,21849.881.98$198,607
Jan 20202,82322,05857.252.09$207,823
Dec 20192,89020,91359.012.30$218,730
Nov 20193,04718,26455.302.75$218,738
Oct 20193,70421,97353.472.42$251,195
Sep 20192,98218,66755.052.66$213,763
Aug 20194,03323,47253.112.30$268,281
Jul 20194,21423,72556.272.46$295,487
Jun 20194,39620,37052.782.49$282,767
May 20195,73230,35058.482.74$418,376
Apr 20195,80125,20562.632.75$432,648
Mar 20196,59725,17456.803.06$451,795
Feb 20195,72125,42250.852.79$361,897
Jan 20196,63034,05746.033.23$415,121
Dec 20188,05135,14346.594.19$522,185
Nov 20189,79535,01652.934.24$666,821
Oct 201812,36543,22261.443.40$906,577
Sep 201812,19642,15159.543.11$857,155
Aug 20182,70514,12959.403.07$204,004
Jul 201815,57457,57865.142.93$1,183,302
Jun 201816,10459,54460.183.08$1,152,351
May 201827,78787,81565.382.90$2,071,448
Apr 201812,08652,72463.842.90$924,512
Mar 2018303361.222.79$1,929

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           425 bbl  × $106.41 =    $45,224
Gas                8,492 Mcf  × $  3.05 =    $25,865

────────────────────────────────────────────────────
Month total                                  $71,090

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/284885 is the state's own key, not one this site invented.