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BETTS 54-4-24

Operated by ANADARKO E&P ONSHORE LLC (P-5 20528) 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 285101District 08Field 71052900Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$11.7 M
May 2018 – May 2026
Value, last 12 filed months
$815 k
at the published price for each month
Months reported
97
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
CondensateDisposition154,038 bbl$9,618,350
GasProduction604,514 Mcf$2,046,938
Total$11,665,288

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 31.5642, -103.6354. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.56421, -103.63544 · 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
10,791 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 10,791 ft.

Completions filed
Jul 2016
1 of 1 wells

1 well

42-389350861H10,791 ftJul 2016——

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 (97)

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

97 months

May 20267803,717106.413.05$94,321
Apr 20267763,49298.932.87$86,791
Mar 20268002,91589.753.15$80,981
Feb 20268032,46863.503.75$60,246
Jan 20266322,67459.138.00$58,757
Dec 20257703,18456.664.41$57,680
Nov 20257773,65258.593.93$59,864
Oct 20251,0273,05859.383.30$71,089
Sep 20254393,48262.743.08$38,257
Aug 20258534,09663.933.01$66,881
Jul 20258234,44566.743.32$69,663
Jun 20258225,04166.483.13$70,418
May 20257914,37760.553.23$62,043
Apr 20259214,99462.363.54$75,128
Mar 20259544,51367.704.27$83,849
Feb 20257784,35470.884.34$74,045
Jan 20259335,19274.324.28$91,555
Dec 20249005,70468.993.12$79,895
Nov 20241,0834,81269.052.20$85,360
Oct 20241,0025,14971.372.28$83,260
Sep 20248245,09469.612.36$69,403
Aug 20249445,91175.632.06$83,593
Jul 20249655,63479.932.15$89,226
Jun 20249835,31678.082.63$90,755
May 20249264,81078.812.20$83,553
Apr 20241,0655,29284.451.66$98,720
Mar 20247874,65580.301.55$70,389
Feb 20241,1176,02976.091.78$95,746
Jan 20241,0114,28073.023.30$87,937
Dec 20237804,64971.262.61$67,720
Nov 20238833,58577.892.81$78,842
Oct 20238795,03885.443.09$90,655
Sep 20239635,66989.042.74$101,250
Aug 20231,0164,00180.522.67$92,503
Jul 20235513,55874.852.64$50,642
Jun 202340910,38668.962.26$51,661
May 2023188370.622.23$13,283
Apr 2023500378.122.24$39,067
Mar 20239651,98972.852.39$75,060
Feb 2023994375.112.47$74,667
Jan 20231,1335,90376.533.39$106,706
Dec 20221,1695,22876.415.73$119,275
Nov 20221,0454,25285.005.65$112,833
Oct 20221,0536,11787.185.86$127,669
Sep 20221,3186,14084.888.16$161,997
Aug 20221,2436,19394.529.13$174,013
Jul 20221,3526,566101.587.54$186,857
Jun 20221,1355,896115.097.98$177,661
May 20221,0215,540109.378.43$158,386
Apr 20221,2025,741104.226.84$164,527
Mar 20221,3635,627108.885.08$176,968
Feb 20221,0264,10091.054.86$113,339
Jan 20221,2394,78881.844.54$123,126
Dec 20211,3425,65171.323.90$117,745
Nov 20211,4314,72377.435.24$135,536
Oct 20211,1385,02879.795.71$119,530
Sep 20211,4215,58969.865.35$129,177
Aug 20211,1796,29666.024.22$104,410
Jul 20211,5836,53970.783.98$138,084
Jun 20211,5195,88669.493.38$125,454
May 20211,3565,12263.483.02$101,535
Apr 20211,4366,43760.362.76$104,433
Mar 20211,5776,62861.302.72$114,678
Feb 20211,2684,26457.805.55$96,947
Jan 20211,6415,26750.412.81$97,525
Dec 20201,4825,82744.642.68$81,746
Nov 20201,7546,62738.772.71$85,939
Oct 20201,7445,88336.972.48$79,056
Sep 20201,5065,75937.091.99$67,324
Aug 20201,7287,39339.982.39$86,718
Jul 20201,7217,45038.371.83$79,632
Jun 20201,8046,74634.901.69$74,362
May 20201,9096,94716.921.81$44,907
Apr 20202,0147,73414.751.80$43,662
Mar 20201,8978,53430.341.86$73,396
Feb 20202,0147,43549.881.98$115,185
Jan 20203,9958,29357.252.09$246,085
Dec 20192,4067,10459.012.30$158,348
Nov 20192,4697,87755.302.75$158,203
Oct 20192,5378,01453.472.42$155,036
Sep 20192,1268,10255.052.66$138,566
Aug 20192,3938,69353.112.30$147,124
Jul 20192,3158,89356.272.46$152,142
Jun 20192,3858,69152.782.49$147,531
May 20192,7478,87558.482.74$184,965
Apr 20195,30012,05362.632.75$365,093
Mar 20194,15112,03756.803.06$272,635
Feb 20191,8423,73850.852.79$104,103
Jan 20193,97613,03446.033.23$225,091
Dec 20183,83715,41146.594.19$243,268
Nov 20184,38813,77252.934.24$290,612
Oct 20182,3763,54661.443.40$158,031
Sep 20182,61810,22959.543.11$187,667
Aug 20183,22612,56659.403.07$230,159
Jul 20185,36117,53665.142.93$400,629
Jun 20184,54416,19760.183.08$323,295
May 20183,86916,77365.382.90$301,610

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           780 bbl  × $106.41 =    $83,000
Gas                3,717 Mcf  × $  3.05 =    $11,321

────────────────────────────────────────────────────
Month total                                  $94,321

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/285101 is the state's own key, not one this site invented.