SRO 551 ALLOC. A

Operated by APACHE CORPORATION (P-5 27200) 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 285597District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$21.2 M
Jul 2018 – May 2026
Value, last 12 filed months
$1.0 M
at the published price for each month
Months reported
95
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.

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 Gas112019-06-24223609
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
CondensateDisposition239,409 bbl$14,490,937
GasProduction2,021,092 Mcf$6,676,267
Total$21,167,204

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 31.5561, -103.4594. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.55608, -103.45939 · 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
10,614 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 10,614 ft.

Completions filed
Jul 2018
1 of 1 wells

1 well

42-47537451100H10,614 ftJul 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 (95)

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

95 months

May 20268969,189106.413.05$123,332
Apr 20261,01010,45398.932.87$129,916
Mar 202635010,69489.753.15$65,093
Feb 202660532563.503.75$39,636
Jan 20265674,44459.138.00$69,069
Dec 20251,0759,87856.664.41$104,505
Nov 202593710,73658.593.93$97,053
Oct 20259749,60059.383.30$89,563
Sep 20258179,34762.743.08$80,019
Aug 20256757,89063.933.01$66,939
Jul 20257627,88866.743.32$77,006
Jun 20257089,20766.483.13$75,874
May 202574811,84460.553.23$83,575
Apr 202574612,33462.363.54$90,221
Mar 202559413,25367.704.27$96,782
Feb 202552110,14370.884.34$80,958
Jan 202553511,47774.324.28$88,868
Dec 202445011,40168.993.12$66,632
Nov 202444310,96369.052.20$54,691
Oct 202470512,21971.372.28$78,192
Sep 20241,11511,86269.612.36$105,661
Aug 202498712,87475.632.06$101,214
Jul 20241,12411,83979.932.15$115,255
Jun 20241,08511,51278.082.63$115,039
May 20241,45512,02178.812.20$141,096
Apr 20241,25610,13784.451.66$122,889
Mar 20241,27410,32480.301.55$118,254
Feb 20249458,82376.091.78$87,642
Jan 20241,1019,02373.023.30$110,150
Dec 20231,1909,45271.262.61$109,476
Nov 20238528,82077.892.81$91,125
Oct 20238959,41385.443.09$105,529
Sep 20231,26311,73289.042.74$144,545
Aug 20231,16613,26180.522.67$129,331
Jul 20231,37913,06174.852.64$137,723
Jun 20231,22512,94368.962.26$113,708
May 20231,23113,45670.622.23$116,905
Apr 202376813,38478.122.24$89,946
Mar 20231,01513,25472.852.39$105,662
Feb 202390811,05175.112.47$95,448
Jan 20231,16112,28976.533.39$130,483
Dec 20221,43712,93176.415.73$183,884
Nov 20221,42212,61685.005.65$192,102
Oct 20221,06713,67587.185.86$173,208
Sep 20228599,06284.888.16$146,891
Aug 20221,46314,60894.529.13$271,612
Jul 20221,48914,878101.587.54$263,464
Jun 20221,51813,416115.097.98$281,729
May 20221,65115,569109.378.43$311,864
Apr 20221,58415,332104.226.84$269,919
Mar 20221,46115,411108.885.08$237,306
Feb 20221,45013,28991.054.86$196,592
Jan 20221,69714,26981.844.54$203,631
Dec 20211,87414,80571.323.90$191,380
Nov 20211,83214,58077.435.24$218,205
Oct 20211,88514,76279.795.71$234,752
Sep 20211,81514,96969.865.35$206,894
Aug 20211,79316,11066.024.22$186,368
Jul 20212,00817,36570.783.98$211,275
Jun 20212,02317,18469.493.38$198,671
May 20212,18718,10863.483.02$193,475
Apr 20211,93217,47360.362.76$164,813
Mar 20212,08118,68461.302.72$178,329
Feb 20219377,86757.805.55$97,804
Jan 20212,11518,89650.412.81$159,720
Dec 20202,25319,33544.642.68$152,304
Nov 20202,40920,69038.772.71$149,396
Oct 20202,44921,54536.972.48$143,937
Sep 20202,53621,42737.091.99$136,722
Aug 20202,64922,06739.982.39$158,539
Jul 20202,69522,25038.371.83$144,016
Jun 20202,66522,33534.901.69$130,762
May 20203,24823,69716.921.81$97,960
Apr 20202,81423,60514.751.80$84,099
Mar 20202,61025,24430.341.86$126,046
Feb 20202,81022,62249.881.98$184,970
Jan 20202,92724,76557.252.09$219,447
Dec 20192,92524,59159.012.30$229,271
Nov 20192,90624,31855.302.75$227,593
Oct 20192,90225,13853.472.42$215,967
Sep 20192,51121,41555.052.66$195,136
Aug 20192,54517,53353.112.30$175,567
Jul 20191,24114,36056.272.46$105,158
Jun 20193,30522,85252.782.49$231,367
May 20195,14437,41358.482.74$403,345
Apr 20195,63440,67262.632.75$464,734
Mar 20196,70647,17056.803.06$525,340
Feb 20196,61649,57250.852.79$474,840
Jan 20197,97369,76146.033.23$592,198
Dec 20189,68065,28546.594.19$724,238
Nov 20189,54370,31352.934.24$803,044
Oct 201812,70693,62561.443.40$1,098,802
Sep 201816,798120,73459.543.11$1,375,394
Aug 201817,832127,11559.403.07$1,449,027
Jul 201813,28489,96865.142.93$1,129,095

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           896 bbl  × $106.41 =    $95,343
Gas                9,189 Mcf  × $  3.05 =    $27,988

────────────────────────────────────────────────────
Month total                                 $123,332

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/285597 is the state's own key, not one this site invented.