LION

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 285132District 08Field 71052900Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$37.1 M
Feb 2018 – May 2026
Value, last 12 filed months
$2.5 M
at the published price for each month
Months reported
100
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
CondensateDisposition398,038 bbl$25,772,948
GasProduction3,210,380 Mcf$11,323,710
Total$37,096,658

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 31.9642, -103.2779. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.96419, -103.27786 · 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
12,343 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 12,343 ft.

Completions filed
Feb 2018
1 of 1 wells

1 well

42-495339443H12,343 ftFeb 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 (100)

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

100 months

May 20262,19216,773106.413.05$284,339
Apr 20262,35620,77798.932.87$292,703
Mar 20261,87418,43789.753.15$226,258
Feb 20261,58516,20263.503.75$161,410
Jan 20261,59117,38059.138.00$233,080
Dec 20252,13021,94956.664.41$217,555
Nov 20252,96923,28458.593.93$265,377
Oct 20251,64619,73659.383.30$162,964
Sep 20251,52522,11162.743.08$163,712
Aug 20251,77936,65363.933.01$224,231
Jul 20251,49528,04666.743.32$192,754
Jun 20251,4821,36866.483.13$102,803
May 20251,87229,57360.553.23$208,939
Apr 20251,40416,74562.363.54$146,883
Mar 20251,77020,02067.704.27$205,281
Feb 202583714,93870.884.34$124,170
Jan 20251,95526,40674.324.28$258,278
Dec 20242,24229,81068.993.12$247,724
Nov 20241,97540,54469.052.20$225,507
Oct 20242,5921,77571.372.28$189,041
Sep 20243,70498269.612.36$260,157
Aug 20242,98140,36675.632.06$308,754
Jul 20242,69644,03679.932.15$310,019
Jun 20242,81731,27378.082.63$302,324
May 20243,25039,57678.812.20$343,138
Apr 20244,75054,12184.451.66$490,935
Mar 20242782,23980.301.55$25,783
Feb 20241,50320,28176.091.78$150,537
Jan 20243831773.023.30$3,820
Dec 20232513371.262.61$2,129
Nov 20231,96317,23977.892.81$201,298
Oct 20232,48923,47485.443.09$285,131
Sep 20232,77628,24589.042.74$324,426
Aug 20233,20326,47780.522.67$328,675
Jul 20233,51326,62274.852.64$333,278
Jun 20233,19333,11568.962.26$294,979
May 20233,01133,17970.622.23$286,540
Apr 20233,19535,30278.122.24$328,591
Mar 20233,10541,93072.852.39$326,544
Feb 20232,21528,87875.112.47$237,573
Jan 20233,18031,52876.533.39$350,173
Dec 20222,90129,70376.415.73$391,836
Nov 20222,78932,76385.005.65$422,051
Oct 20222,80833,15987.185.86$439,238
Sep 20223,13539,87084.888.16$591,585
Aug 20221,52250,44994.529.13$604,316
Jul 20222,14051,217101.587.54$603,664
Jun 20221,96450,960115.097.98$632,555
May 20222,93752,529109.378.43$764,199
Apr 20224,12353,579104.226.84$796,051
Mar 20224,29851,185108.885.08$727,802
Feb 20224,20126,34591.054.86$510,507
Jan 20225,06432,94681.844.54$563,936
Dec 20216,15134,66571.323.90$573,852
Nov 20216,51229,65877.435.24$659,539
Oct 202110,73833,20079.795.71$1,046,486
Sep 20218,62821,81069.865.35$719,456
Aug 20210066.024.22$0
Jul 2021011770.783.98$466
Jun 202104569.493.38$152
May 2021012363.483.02$371
Apr 2021012860.362.76$353
Mar 202108861.302.72$239
Feb 20210057.805.55$0
Jan 20216721150.412.81$3,970
Dec 20202002,10344.642.68$14,554
Nov 20203,09129,41438.772.71$199,449
Oct 20203,03127,56236.972.48$180,367
Sep 20203,16029,91137.091.99$176,758
Aug 20203,33234,70939.982.39$215,998
Jul 20203,79825,28038.371.83$191,868
Jun 20205,50139,50734.901.69$258,764
May 20201,10417,63116.921.81$50,676
Apr 20203,13528,73314.751.80$98,087
Mar 20202,73538,87630.341.86$155,143
Feb 20203,54637,02449.881.98$250,207
Jan 20204,07046,14357.252.09$329,665
Dec 20195,39540,62559.012.30$411,974
Nov 20193,86031,82255.302.75$300,991
Oct 20194,50238,27353.472.42$333,287
Sep 20194,85939,19155.052.66$371,629
Aug 20196,02946,01853.112.30$426,242
Jul 20196,63143,56456.272.46$480,296
Jun 20196,34535,27052.782.49$422,754
May 20196,45954,22858.482.74$526,324
Apr 20196,57345,35062.632.75$536,411
Mar 20198,51249,74356.803.06$635,800
Feb 20197,73042,14750.852.79$510,754
Jan 201911,09967,41446.033.23$728,512
Dec 201812,40467,64446.594.19$861,022
Nov 20186,10934,62752.934.24$470,072
Oct 20188,38140,51161.443.40$652,588
Sep 201810,26451,04459.543.11$769,763
Aug 201811,42361,73159.403.07$867,828
Jul 201811,96969,45765.142.93$983,300
Jun 201812,25475,64560.183.08$970,199
May 201815,20179,39465.382.90$1,224,148
Apr 201819,865132,23463.842.90$1,651,766
Mar 201814,33297,98761.222.79$1,150,479
Feb 201852,97861.782.77$8,546

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         2,192 bbl  × $106.41 =   $233,251
Gas               16,773 Mcf  × $  3.05 =    $51,088

────────────────────────────────────────────────────
Month total                                 $284,339

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/285132 is the state's own key, not one this site invented.