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STATE RAY 12

Operated by CAPITAN ENERGY, INCORPORATED (P-5 130061) in the FORD, WEST (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 286245District 08Field 31913800Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$26.7 M
Jul 2017 – May 2026
Value, last 12 filed months
$723 k
at the published price for each month
Months reported
107
no gaps in the span
Streams
2
condensate, gas

The FORD, WEST (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 1,466 leases and 1,484 wells, and the rule below applies to all of them.

Discovered
2010-11-05
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 80 acres. The field rule took effect on 2018-06-05.

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: “DOCKET SAYS PRO PLAT NOT REQUIRED NOT LEASE PLAT NOT REQ”

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 Gas112019-09-18224071
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
CondensateDisposition277,247 bbl$15,630,447
GasProduction3,370,082 Mcf$11,105,663
Total$26,736,109

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 31.7301, -104.1168. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.73015, -104.11678 · 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
10,737 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 10,737 ft.

Completions filed
Jul 2017
1 of 1 wells

1 well

42-109330451H10,737 ftJul 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 (107)

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

107 months

May 20264548,449106.413.05$74,044
Apr 20263838,54998.932.87$62,423
Mar 20264718,97889.753.15$70,548
Feb 20262768,74963.503.75$50,338
Jan 202628213,39959.138.00$123,839
Dec 202536610,31356.664.41$66,253
Nov 2025157,02458.593.93$28,458
Oct 2025658,82259.383.30$33,015
Sep 20251859,05662.743.08$39,471
Aug 202556613,63563.933.01$77,291
Jul 202524211,64466.743.32$54,753
Jun 20254912,47666.483.13$42,291
May 2025922,24660.553.23$12,830
Apr 202594562.363.54$721
Mar 20251205,76067.704.27$32,710
Feb 20252387,83370.884.34$50,871
Jan 202536110,23074.324.28$70,600
Dec 202445911,68768.993.12$68,146
Nov 20243309,83869.052.20$44,415
Oct 20242699,75371.372.28$41,449
Sep 20243858,87669.612.36$47,786
Aug 202431757875.632.06$25,167
Jul 202433467979.932.15$28,154
Jun 202420662278.082.63$17,723
May 20246429,73878.812.20$70,421
Apr 20244475,99384.451.66$47,693
Mar 202456613,00980.301.55$65,550
Feb 202451712,39876.091.78$61,452
Jan 202447711,10973.023.30$71,464
Dec 202381712,70871.262.61$91,396
Nov 202349811,10777.892.81$69,973
Oct 202359023,25185.443.09$122,192
Sep 202353513,70989.042.74$85,131
Aug 202379521,74480.522.67$122,133
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 202301,85670.622.23$4,134
Apr 202347811,26778.122.24$62,554
Mar 202359612,21572.852.39$72,651
Feb 202342711,20475.112.47$59,697
Jan 202354013,25376.533.39$86,224
Dec 202239012,34376.415.73$100,514
Nov 202252513,92785.005.65$123,260
Oct 202261417,04987.185.86$153,500
Sep 202259217,71984.888.16$194,901
Aug 202260019,41094.529.13$233,870
Jul 202276523,032101.587.54$251,418
Jun 202276124,349115.097.98$281,820
May 20221,21928,459109.378.43$373,318
Apr 20221,07025,555104.226.84$286,250
Mar 2022180108.885.08$1,960
Feb 20221354,92991.054.86$36,241
Jan 20221,12928,73381.844.54$222,779
Dec 20211,52722,80971.323.90$197,841
Nov 20211,57228,84077.435.24$272,751
Oct 20211,97332,74979.795.71$344,549
Sep 20212,19641,09469.865.35$373,303
Aug 20212,39155,03766.024.22$390,142
Jul 20211,82050,69470.783.98$330,687
Jun 2021819,95769.493.38$39,290
May 20211,00731,45063.483.02$158,830
Apr 20211,69827,18660.362.76$177,482
Mar 20212,07934,37461.302.72$220,835
Feb 20212,03535,12457.805.55$312,489
Jan 20212,63844,38250.412.81$257,707
Dec 20202,59140,41944.642.68$223,802
Nov 20201,78633,88338.772.71$160,950
Oct 20202,37538,11236.972.48$182,262
Sep 20202,00236,38037.091.99$146,688
Aug 20202,32537,03939.982.39$181,295
Jul 20202,72138,06338.371.83$173,874
Jun 20202,30436,46034.901.69$142,038
May 20202,02535,75216.921.81$99,144
Apr 20202,38536,00514.751.80$100,145
Mar 20203,25044,05430.341.86$180,379
Feb 20201,16724,28349.881.98$106,307
Jan 20202,79137,02457.252.09$237,340
Dec 20192,83839,79259.012.30$259,165
Nov 20192,99240,71755.302.75$277,458
Oct 20193,17346,91353.472.42$283,121
Sep 20193,18349,22055.052.66$306,015
Aug 20193,44347,93753.112.30$293,322
Jul 20193,41647,24656.272.46$308,446
Jun 20193,67345,57752.782.49$307,402
May 20193,64243,88058.482.74$333,229
Apr 20193,83748,45762.632.75$373,602
Mar 20193,89550,08956.803.06$374,614
Feb 20194,11445,87950.852.79$337,301
Jan 20194,17254,86046.033.23$369,135
Dec 20184,90657,86946.594.19$470,778
Nov 20185,05257,83352.934.24$512,455
Oct 20185,53961,01661.443.40$547,653
Sep 20185,76260,97659.543.11$532,583
Aug 20186,31064,95559.403.07$574,002
Jul 20186,87666,69665.142.93$643,447
Jun 20186,96066,76860.183.08$624,293
May 20187,84269,69965.382.90$714,893
Apr 20187,51966,15663.842.90$671,918
Mar 20188,33270,51861.222.79$706,607
Feb 20187,08265,71861.782.77$619,310
Jan 201815,26377,39362.874.01$1,269,878
Dec 201710,90781,43757.272.92$862,564
Nov 201710,18179,68755.423.12$812,724
Oct 201712,87493,07249.292.98$912,257
Sep 201714,164102,47647.523.09$989,445
Aug 201716,617114,87345.373.00$1,099,038
Jul 201712,30591,89643.873.09$823,529

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           454 bbl  × $106.41 =    $48,310
Gas                8,449 Mcf  × $  3.05 =    $25,734

────────────────────────────────────────────────────
Month total                                  $74,044

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/286245 is the state's own key, not one this site invented.