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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 284912District 08Field 71052900Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$22.2 M
Mar 2017 – May 2026
Value, last 12 filed months
$992 k
at the published price for each month
Months reported
111
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.”

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
CondensateDisposition303,535 bbl$18,148,239
GasProduction1,139,379 Mcf$4,092,714
Total$22,240,953

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 31.9477, -103.2860. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.94766, -103.28600 · 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
12,350 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 12,350 ft.

Completions filed
Mar 2017
1 of 1 wells

1 well

42-495320421H12,350 ftMar 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 (111)

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

111 months

May 20267256,127106.413.05$95,809
Apr 20264447,12898.932.87$64,380
Mar 20268507,69589.753.15$100,522
Feb 20265736,00563.503.75$58,906
Jan 20266758,12359.138.00$104,880
Dec 20254366,92956.664.41$55,284
Nov 20257117,24558.593.93$70,105
Oct 20257558,69759.383.30$73,574
Sep 20259409,03162.743.08$86,763
Aug 20251,04810,40763.933.01$98,373
Jul 20251,1278,28666.743.32$102,686
Jun 20251,1701,09266.483.13$81,198
May 20251,3185,93560.553.23$98,989
Apr 20251,2622,74862.363.54$88,435
Mar 20251,3382,97767.704.27$103,289
Feb 20259372,33170.884.34$76,533
Jan 20252193,46874.324.28$31,115
Dec 20245741,50768.993.12$44,304
Nov 20241,0424,44469.052.20$81,720
Oct 20247552,99071.372.28$60,706
Sep 20241,1303,68969.612.36$87,381
Aug 20241,4673,26475.632.06$117,685
Jul 20241,3642,34679.932.15$114,060
Jun 20241,4523,06278.082.63$121,437
May 20241,5902,03278.812.20$129,775
Apr 20241,9866,78484.451.66$178,974
Mar 20248095,74080.301.55$73,832
Feb 20245852176.091.78$5,343
Jan 20244928673.023.30$4,521
Dec 20232123571.262.61$2,110
Nov 20231,0233,46677.892.81$89,412
Oct 20231,1212,53185.443.09$103,592
Sep 20231,4212,04289.042.74$132,111
Aug 20231,7722,64980.522.67$149,762
Jul 20231,9785,85874.852.64$163,529
Jun 20238252,09268.962.26$61,617
May 20231,6963,49970.622.23$127,565
Apr 20231,8325,07078.122.24$154,461
Mar 20239284,67872.852.39$78,800
Feb 20231,4763,58575.112.47$119,702
Jan 20231,7873,74076.533.39$149,429
Dec 20221,7894,29476.415.73$161,298
Nov 20221,7392,94285.005.65$164,426
Oct 20221,7464,71087.185.86$179,835
Sep 20222,1175,62484.888.16$225,604
Aug 20221,95413,13594.529.13$304,577
Jul 20221,66315,869101.587.54$288,613
Jun 20221,30217,590115.097.98$290,166
May 20222,70020,859109.378.43$471,204
Apr 20222,64921,211104.226.84$421,111
Mar 20225,66017,524108.885.08$705,220
Feb 20224,73617,53091.054.86$516,388
Jan 20222,58912,57381.844.54$268,936
Dec 20213,21617,03671.323.90$295,791
Nov 20211,9136,57677.435.24$182,561
Oct 20213,15212,34779.795.71$322,047
Sep 20211,8517,40169.865.35$168,913
Aug 202108766.024.22$367
Jul 202104770.783.98$187
Jun 202103269.493.38$108
May 202106863.483.02$205
Apr 20210060.362.76$0
Mar 20210961.302.72$24
Feb 20210057.805.55$0
Jan 20219111550.412.81$4,910
Dec 202040760044.642.68$19,774
Nov 20205,60520,09738.772.71$271,700
Oct 20201,6986,84436.972.48$79,737
Sep 20201,5836,59437.091.99$71,842
Aug 20201,2563,76139.982.39$59,185
Jul 20201,1725,28138.371.83$54,608
Jun 20201,77618,12834.901.69$92,624
May 20200016.921.81$0
Apr 20203591,59514.751.80$8,173
Mar 20202,1376,78030.341.86$77,422
Feb 20202,1986,91749.881.98$123,337
Jan 20202,75813,93657.252.09$187,088
Dec 20192,8107,73459.012.30$183,640
Nov 20191,9417,16055.302.75$127,032
Oct 20192,7337,24753.472.42$163,661
Sep 20192,2456,19855.052.66$140,057
Aug 20193,07412,07353.112.30$191,081
Jul 20192,0767,52756.272.46$135,333
Jun 20193,1857,48352.782.49$186,746
May 20192,83715,08958.482.74$207,256
Apr 20192,67611,70062.632.75$199,781
Mar 20192,85913,67956.803.06$204,278
Feb 20192,84010,47650.852.79$173,665
Jan 20194,46117,02846.033.23$260,309
Dec 20184,94317,60946.594.19$303,996
Nov 20183,56119,76852.934.24$272,245
Oct 20183,38317,74561.443.40$268,150
Sep 20183,49519,02559.543.11$267,222
Aug 20183,86119,79459.403.07$290,043
Jul 20185,41322,57765.142.93$418,796
Jun 20185,90423,25260.183.08$426,847
May 20184,05924,74465.382.90$337,155
Apr 20186,55425,01063.842.90$490,956
Mar 20186,37928,44161.222.79$469,783
Feb 20187,33226,51961.782.77$526,326
Jan 20187,12221,58462.874.01$534,297
Dec 20177,35725,72357.272.92$496,486
Nov 20178,45529,06855.423.12$559,221
Oct 201710,12830,24449.292.98$589,448
Sep 201710,59931,97347.523.09$602,374
Aug 20178,00116,78545.373.00$413,434
Jul 201717,22744,22643.873.09$892,287
Jun 201722,41449,12442.493.09$1,104,030
May 201719,10854,32545.373.26$1,044,214
Apr 20171147.933.21$51
Mar 20172246.772.98$100

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           725 bbl  × $106.41 =    $77,147
Gas                6,127 Mcf  × $  3.05 =    $18,662

────────────────────────────────────────────────────
Month total                                  $95,809

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/284912 is the state's own key, not one this site invented.