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STATE MIKE 3

Operated by CAPITAN ENERGY, INCORPORATED (P-5 130061) in the FORD, WEST (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 284900District 08Field 31913800Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$30.9 M
Mar 2018 – May 2026
Value, last 12 filed months
$1.6 M
at the published price for each month
Months reported
99
no gaps in the span
Streams
2
condensate, gas

The FORD, WEST (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 1,466 leases and 1,484 wells, and the rule below applies to all of them.

Discovered
2010-11-05
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 80 acres. The field rule took effect on 2018-06-05.

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: “DOCKET SAYS PRO PLAT NOT REQUIRED NOT LEASE PLAT NOT REQ”

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 Gas112019-10-17223240
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
CondensateDisposition289,032 bbl$17,915,902
GasProduction3,917,604 Mcf$12,973,740
Total$30,889,642

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 31.7448, -104.1406. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.74485, -104.14065 · 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
9,095 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 9,095 ft.

Completions filed
Mar 2018
1 of 1 wells

1 well

42-109331672H9,095 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 202685617,413106.413.05$144,124
Apr 202682418,57298.932.87$134,815
Mar 202687522,52689.753.15$149,476
Feb 202687322,37763.503.75$139,356
Jan 202696320,64759.138.00$222,075
Dec 202597420,84756.664.41$147,192
Nov 202589023,12258.593.93$142,932
Oct 20255119,99259.383.30$63,365
Sep 202596319,12762.743.08$119,271
Aug 202583119,56063.933.01$112,095
Jul 202594720,58466.743.32$131,443
Jun 202595320,55066.483.13$127,651
May 20251,10821,27260.553.23$135,847
Apr 202567416,84562.363.54$101,715
Mar 20251,19021,57667.704.27$172,656
Feb 202597418,72070.884.34$150,298
Jan 20251,36820,66974.324.28$190,106
Dec 202480122,53468.993.12$125,598
Nov 20241,17622,22969.052.20$130,072
Oct 20241,15320,19871.372.28$128,369
Sep 202472822,69369.612.36$104,331
Aug 20241,11924,47375.632.06$135,133
Jul 202497821,69179.932.15$124,733
Jun 202475217,09278.082.63$103,736
May 202494018,96078.812.20$115,764
Apr 202483720,15284.451.66$104,121
Mar 20241,30125,34180.301.55$143,625
Feb 20241,23923,80976.091.78$136,742
Jan 20241,20223,37173.023.30$164,840
Dec 20231,46726,11571.262.61$172,717
Nov 20231,3471,71377.892.81$109,727
Oct 20231,51429,69885.443.09$221,042
Sep 20231,60529,80789.042.74$224,433
Aug 20231,73431,00880.522.67$222,502
Jul 20232,05632,68474.852.64$240,236
Jun 20231,66427,19068.962.26$176,158
May 20231,85126,68670.622.23$190,158
Apr 20231,86829,78478.122.24$212,578
Mar 20231,55132,14972.852.39$189,928
Feb 20231,66430,18475.112.47$199,407
Jan 20231,72433,67876.533.39$246,029
Dec 20221,65031,86176.415.73$308,611
Nov 20221,81734,09985.005.65$346,975
Oct 20221,63329,94387.185.86$317,944
Sep 20221,63631,89284.888.16$399,220
Aug 20221,81432,57394.529.13$468,758
Jul 20221,85932,893101.587.54$436,919
Jun 20221,75831,946115.097.98$457,168
May 20221,86532,757109.378.43$480,216
Apr 20221,77129,782104.226.84$388,211
Mar 20221,92931,960108.885.08$372,271
Feb 20221,42226,00391.054.86$255,818
Jan 20221,98832,26581.844.54$309,106
Dec 20212,00732,86071.323.90$271,264
Nov 20212,00333,15877.435.24$328,736
Oct 20212,22936,78979.795.71$388,059
Sep 20212,24538,83769.865.35$364,649
Aug 20212,43442,69166.024.22$340,874
Jul 20212,27938,91470.783.98$316,266
Jun 20212,22937,60969.493.38$282,035
May 20212,39040,30063.483.02$273,329
Apr 20212,47240,26260.362.76$260,269
Mar 20212,63945,27461.302.72$284,777
Feb 20211,31419,73457.805.55$185,432
Jan 20212,76841,08350.412.81$254,989
Dec 20202,48341,05944.642.68$220,693
Nov 20201,83930,23938.772.71$153,142
Oct 20202,32737,40936.972.48$178,745
Sep 20202,62342,92437.091.99$182,750
Aug 20203,77445,28739.982.39$258,899
Jul 20202,96645,89938.371.83$197,577
Jun 20202,67845,02934.901.69$169,575
May 20203,64547,55016.921.81$147,965
Apr 20202,38747,72914.751.80$121,330
Mar 20203,41452,86430.341.86$201,709
Feb 20202,38650,58649.881.98$219,208
Jan 20203,37254,57257.252.09$307,361
Dec 20193,24756,89459.012.30$322,710
Nov 20193,98356,43355.302.75$375,490
Oct 20194,64760,04753.472.42$393,701
Sep 20194,78660,09455.052.66$423,156
Aug 20196,02563,24153.112.30$465,718
Jul 20196,55568,49056.272.46$537,339
Jun 20192,58236,29452.782.49$226,694
May 20194,70872,12058.482.74$472,956
Apr 20194,82870,99562.632.75$497,664
Mar 20195,80977,75056.803.06$568,029
Feb 20195,15362,65950.852.79$436,988
Jan 20195,31563,33046.033.23$449,090
Dec 20186,55671,93546.594.19$606,524
Nov 20186,84573,59452.934.24$674,141
Oct 20187,94478,28361.443.40$754,091
Sep 20188,35579,08459.543.11$743,250
Aug 20189,20385,23159.403.07$808,024
Jul 201810,16990,39865.142.93$927,445
Jun 201811,38093,69260.183.08$973,131
May 201814,528113,32065.382.90$1,278,559
Apr 201816,926121,34263.842.90$1,432,545
Mar 20189,39868,10861.222.79$765,152

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           856 bbl  × $106.41 =    $91,087
Gas               17,413 Mcf  × $  3.05 =    $53,037

────────────────────────────────────────────────────
Month total                                 $144,124

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/284900 is the state's own key, not one this site invented.