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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 286302District 08Field 31913800Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$22.6 M
Jul 2017 – May 2026
Value, last 12 filed months
$246 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 Gas112019-09-18224072
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
CondensateDisposition234,252 bbl$13,501,491
GasProduction2,703,284 Mcf$9,059,011
Total$22,560,502

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 31.7308, -104.1123. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.73083, -104.11226 · 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
10,793 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 10,793 ft.

Completions filed
Jul 2017
1 of 1 wells

1 well

42-109330442H10,793 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 202610106.413.05$106
Apr 202609498.932.87$270
Mar 20268089.753.15$718
Feb 20261738963.503.75$2,538
Jan 20268881359.138.00$11,706
Dec 20251676,28956.664.41$37,218
Nov 2025161,60358.593.93$7,232
Oct 20258215359.383.30$5,375
Sep 202521411,06562.743.08$47,472
Aug 202533814,59563.933.01$65,609
Jul 20251797,83166.743.32$37,908
Jun 20252204,96166.483.13$30,147
May 202523315,07460.553.23$62,832
Apr 20251206,93262.363.54$32,044
Mar 2025895,91667.704.27$31,277
Feb 202524912,12770.884.34$70,290
Jan 202558123,73374.324.28$144,726
Dec 202488027,24068.993.12$145,737
Nov 202478824,64969.052.20$108,601
Oct 202486425,39371.372.28$119,595
Sep 202494727,80269.612.36$131,655
Aug 20241,06837,52375.632.06$158,206
Jul 20241,36438,81479.932.15$192,342
Jun 20241,28737,39678.082.63$198,989
May 202439737478.812.20$32,110
Apr 202480814,17984.451.66$91,761
Mar 20243246,29880.301.55$35,748
Feb 20243126,48876.091.78$35,312
Jan 202485011,56773.023.30$100,211
Dec 20237049,18171.262.61$74,136
Nov 20232103,63377.892.81$26,557
Oct 2023079785.443.09$2,461
Sep 2023025189.042.74$687
Aug 2023120680.522.67$631
Jul 20230474.852.64$11
Jun 202305568.962.26$124
May 2023732,33970.622.23$10,365
Apr 202351014,13878.122.24$71,479
Mar 202363915,47972.852.39$83,595
Feb 202359614,85375.112.47$81,388
Jan 202363116,94976.533.39$105,709
Dec 202273218,97476.415.73$164,636
Nov 202265419,43585.005.65$165,324
Oct 202290421,97487.185.86$207,661
Sep 202291423,93984.888.16$273,011
Aug 202226811,75894.529.13$132,649
Jul 202286022,808101.587.54$259,379
Jun 20221,05127,112115.097.98$337,237
May 20221,35229,354109.378.43$395,412
Apr 20221,34325,172104.226.84$312,084
Mar 20221,58331,214108.885.08$330,812
Feb 20221,48121,60791.054.86$239,830
Jan 202293216,76981.844.54$152,367
Dec 202156215,97871.323.90$102,382
Nov 2021314,66277.435.24$26,815
Oct 202194519,97379.795.71$189,525
Sep 20211,10329,47669.865.35$234,779
Aug 20211,70747,65866.024.22$313,841
Jul 20211,92235,52570.783.98$277,503
Jun 20212,11741,29269.493.38$286,703
May 20212,51850,41263.483.02$311,969
Apr 20212,08336,15060.362.76$225,447
Mar 202114,45261.302.72$12,157
Feb 202103,04057.805.55$16,866
Jan 202106,40950.412.81$18,011
Dec 2020295,65444.642.68$16,422
Nov 20201,48925,05738.772.71$125,547
Oct 20201,07123,12836.972.48$96,916
Sep 20201,61027,14137.091.99$113,754
Aug 20202,37736,59039.982.39$182,303
Jul 20203,14642,46238.371.83$198,210
Jun 20203,00942,36534.901.69$176,624
May 20203,06042,42016.921.81$128,757
Apr 20202,53530,75814.751.80$92,890
Mar 20201,44221,60030.341.86$83,845
Feb 20202145,32949.881.98$21,229
Jan 20200057.252.09$0
Dec 201911718359.012.30$7,326
Nov 2019090455.302.75$2,487
Oct 2019077953.472.42$1,884
Sep 20192608,68755.052.66$37,397
Aug 20191,17416,85353.112.30$101,187
Jul 20192,67431,96556.272.46$229,102
Jun 20192,88133,88352.782.49$236,469
May 20193,20735,12458.482.74$283,796
Apr 20192,93733,79762.632.75$276,910
Mar 20193,35336,74956.803.06$302,980
Feb 20193,29834,19250.852.79$263,175
Jan 20193,35640,10346.033.23$283,936
Dec 20184,01942,87546.594.19$366,696
Nov 20184,21143,77052.934.24$408,352
Oct 20184,78448,15461.443.40$457,560
Sep 20184,91349,82159.543.11$447,364
Aug 20185,69653,94359.403.07$503,762
Jul 20186,08155,73465.142.93$559,522
Jun 20186,24955,98960.183.08$548,338
May 20186,64758,52465.382.90$604,347
Apr 20186,55655,20363.842.90$578,668
Mar 20187,21559,05261.222.79$606,271
Feb 201817,50955,40161.782.77$1,234,952
Jan 201811,36965,51762.874.01$977,448
Dec 20179,14067,96357.272.92$722,003
Nov 20178,92270,26155.423.12$713,556
Oct 201710,81079,82449.292.98$770,994
Sep 201712,04587,40347.523.09$842,216
Aug 201713,36792,38945.373.00$884,034
Jul 201710,56273,41243.873.09$689,998

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 bbl  × $106.41 =       $106
Gas                    0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                     $106

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/286302 is the state's own key, not one this site invented.