DAVIS 2728 UNIT

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 285608District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$42.6 M
Aug 2018 – May 2026
Value, last 12 filed months
$2.2 M
at the published price for each month
Months reported
94
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 Gas112019-10-17223603
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
CondensateDisposition522,176 bbl$32,073,857
GasProduction3,118,953 Mcf$10,480,849
Total$42,554,706

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 31.5076, -103.5344. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.50756, -103.53443 · 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
10,601 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 10,601 ft.

Completions filed
Aug 2018
1 of 1 wells

1 well

42-3893703610H10,601 ftAug 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 (94)

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

94 months

May 20261,5389,568106.413.05$192,801
Apr 20262,04311,08198.932.87$233,913
Mar 20262,15112,08689.753.15$231,116
Feb 20261,7199,70363.503.75$145,546
Jan 20261,84310,49959.138.00$192,947
Dec 20252,03913,01556.664.41$172,970
Nov 20252,30513,06358.593.93$186,341
Oct 20252,39114,51959.383.30$189,961
Sep 20251,7409,31362.743.08$137,823
Aug 20251,20711,71863.933.01$112,490
Jul 20252,34614,18166.743.32$203,585
Jun 20252,25613,81166.483.13$193,190
May 20252,45514,57560.553.23$195,761
Apr 20252,40714,36962.363.54$201,012
Mar 20252,61215,86067.704.27$244,528
Feb 20252,36314,95870.884.34$232,420
Jan 20252,60917,39874.324.28$268,341
Dec 20243,44620,99368.993.12$303,266
Nov 20243,23520,30369.052.20$268,012
Oct 20242,71918,06771.372.28$235,273
Sep 20242,76016,27769.612.36$230,608
Aug 20242,81317,38275.632.06$248,617
Jul 20242,55517,70679.932.15$242,229
Jun 20242,73617,02578.082.63$258,470
May 20242,79817,78078.812.20$259,599
Apr 20243,05317,28884.451.66$286,510
Mar 20243,09718,27580.301.55$276,926
Feb 20242,73717,42676.091.78$239,340
Jan 20243,27118,14473.023.30$298,681
Dec 20232,77018,44271.262.61$245,537
Nov 20233,23618,44977.892.81$303,849
Oct 20233,11419,41585.443.09$326,000
Sep 20233,17719,33689.042.74$335,765
Aug 20233,19120,27480.522.67$311,129
Jul 20233,31020,68774.852.64$302,404
Jun 20233,46520,37668.962.26$284,965
May 20233,42920,92770.622.23$288,769
Apr 20233,53621,08878.122.24$323,422
Mar 20233,38921,93072.852.39$299,371
Feb 20233,40719,60975.112.47$304,249
Jan 20233,69922,70776.533.39$360,009
Dec 20223,73022,21076.415.73$412,252
Nov 20223,52922,74585.005.65$428,388
Oct 20223,95823,87187.185.86$485,032
Sep 20223,89324,16684.888.16$527,721
Aug 20224,05325,79994.529.13$618,561
Jul 20224,40626,443101.587.54$646,997
Jun 20224,03926,713115.097.98$677,943
May 20224,50627,385109.378.43$723,760
Apr 20224,76728,981104.226.84$694,977
Mar 20223,29117,202108.885.08$445,648
Feb 20222,23017,00891.054.86$285,681
Jan 20224,15125,42081.844.54$455,066
Dec 20214,18426,40471.323.90$401,355
Nov 20214,51026,26277.435.24$486,739
Oct 20214,44828,28879.795.71$516,540
Sep 20214,57329,28669.865.35$476,177
Aug 20214,82130,99666.024.22$449,104
Jul 20215,32831,56870.783.98$502,822
Jun 20214,96731,95469.493.38$453,181
May 20215,35134,49863.483.02$443,785
Apr 20215,32434,28460.362.76$415,926
Mar 20215,63735,86761.302.72$442,997
Feb 20212,47614,36157.805.55$222,787
Jan 20215,90637,34450.412.81$402,668
Dec 20205,40035,24044.642.68$335,339
Nov 20206,58240,74438.772.71$365,461
Oct 20202,54317,40436.972.48$137,149
Sep 20205,92936,77837.091.99$293,133
Aug 20206,44939,69439.982.39$352,505
Jul 20206,73040,68038.371.83$332,476
Jun 20206,60640,58734.901.69$299,154
May 20207,18943,46216.921.81$200,511
Apr 20207,18543,40214.751.80$184,292
Mar 20207,72345,43930.341.86$318,661
Feb 20207,64843,59649.881.98$467,832
Jan 20208,43448,22057.252.09$583,855
Dec 20198,71151,04259.012.30$631,655
Nov 20199,06651,69855.302.75$643,555
Oct 20199,21054,73553.472.42$624,837
Sep 20199,12353,20655.052.66$643,604
Aug 20198,97753,95953.112.30$601,109
Jul 201912,51177,65456.272.46$895,027
Jun 20197,15140,24652.782.49$477,691
May 201914,34483,11958.482.74$1,066,610
Apr 201912,62072,16862.632.75$988,903
Mar 20191156.803.06$60
Feb 20190050.852.79$0
Jan 201914,75686,25046.033.23$957,649
Dec 201823,943141,72146.594.19$1,708,669
Nov 201825,199142,90652.934.24$1,939,310
Oct 201831,234174,93561.443.40$2,513,460
Sep 201832,343177,27759.543.11$2,476,679
Aug 20189,52454,11259.403.07$731,663

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         1,538 bbl  × $106.41 =   $163,659
Gas                9,568 Mcf  × $  3.05 =    $29,143

────────────────────────────────────────────────────
Month total                                 $192,801

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/285608 is the state's own key, not one this site invented.