PECOS STATE 46

Operated by WPX ENERGY PERMIAN, LLC (P-5 942623) 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 286309District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$23.2 M
May 2014 – May 2026
Value, last 12 filed months
$609 k
at the published price for each month
Months reported
145
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 Gas112019-10-04221787
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
CondensateDisposition315,108 bbl$19,985,908
GasProduction962,359 Mcf$3,264,084
Total$23,249,992

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 31.8841, -103.8443. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.88413, -103.84429 · 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
10,447 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 10,447 ft.

Completions filed
May 2014
1 of 1 wells

1 well

42-301320913H10,447 ftMay 2014

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 (145)

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

145 months

May 20261882,134106.413.05$26,505
Apr 20261902,59098.932.87$26,229
Mar 20263692,38589.753.15$40,629
Feb 202611,84163.503.75$6,968
Jan 20263542,02459.138.00$37,120
Dec 202512,64256.664.41$11,717
Nov 202513,23558.593.93$12,761
Oct 20253752,71359.383.30$31,234
Sep 20255615,95162.743.08$53,508
Aug 20253756,74163.933.01$44,296
Jul 20251,0994,66566.743.32$88,813
Jun 20252,94610,60066.483.13$229,015
May 20253,14310,65460.553.23$224,746
Apr 20252,4189,73962.363.54$185,293
Mar 20259222,56967.704.27$73,385
Feb 20255632,74370.884.34$51,812
Jan 20253833,06874.324.28$41,592
Dec 20249354,81868.993.12$79,544
Nov 20243732,87269.052.20$32,070
Oct 20241,1012,98671.372.28$85,391
Sep 20241924,75469.612.36$24,605
Aug 20247505,76575.632.06$68,619
Jul 20245603,63979.932.15$52,572
Jun 20249295,49178.082.63$87,000
May 20247425,73178.812.20$71,076
Apr 20247365,63884.451.66$71,510
Mar 20241,1455,90180.301.55$101,061
Feb 20243854,82376.091.78$37,897
Jan 20249324,11373.023.30$81,618
Dec 20237695,59171.262.61$69,395
Nov 20237544,83077.892.81$72,290
Oct 20239685,09985.443.09$98,448
Sep 20231,1236,02289.042.74$116,462
Aug 20231,1265,76980.522.67$106,085
Jul 202376861474.852.64$59,107
Jun 20231,1145,09368.962.26$88,324
May 20237262,93070.622.23$57,796
Apr 20238883,91778.122.24$78,136
Mar 20231,2934,02072.852.39$103,816
Feb 2023122175.112.47$620
Jan 20239175,19776.533.39$87,784
Dec 20221,1654,43776.415.73$114,438
Nov 20221,3155,78285.005.65$144,421
Oct 20221,0975,99987.185.86$130,813
Sep 20221,4875,82584.888.16$173,770
Aug 20221,2975,73994.529.13$174,973
Jul 20221,0880101.587.54$110,519
Jun 2022902714115.097.98$109,507
May 20221229109.378.43$2,041
Apr 20221,329886104.226.84$144,566
Mar 20221,357946108.885.08$152,552
Feb 202261585491.054.86$60,145
Jan 20221,40594681.844.54$119,278
Dec 20211,387071.323.90$98,921
Nov 202177883477.435.24$64,608
Oct 202197992379.795.71$83,388
Sep 202195492169.865.35$71,575
Aug 20211,18194666.024.22$81,962
Jul 20211,16694670.783.98$86,297
Jun 20219292,90369.493.38$74,370
May 20219493,32563.483.02$70,276
Apr 20211,0003,38260.362.76$69,689
Mar 20217992,67461.302.72$56,244
Feb 20213981,63357.805.55$32,064
Jan 20213851,55950.412.81$23,789
Dec 20203761,67244.642.68$21,258
Nov 20209721,80638.772.71$42,573
Oct 20201,5344,94736.972.48$68,973
Sep 20201,9155,16237.091.99$81,305
Aug 20201,6634,75139.982.39$77,818
Jul 20201,6894,71738.371.83$73,416
Jun 20201,7375,80034.901.69$70,425
May 20201,5734,05616.921.81$33,976
Apr 20201,6072,83914.751.80$28,826
Mar 20201,8731,74130.341.86$60,059
Feb 20201,7492,86449.881.98$92,913
Jan 20202,3372,75157.252.09$139,556
Dec 20191,7704,04959.012.30$113,778
Nov 201980552855.302.75$45,969
Oct 20191,5762,45853.472.42$90,213
Sep 20192,0683,22055.052.66$122,400
Aug 20191,2962,69653.112.30$75,043
Jul 201905456.272.46$133
Jun 201964019552.782.49$34,265
May 20191,48466758.482.74$88,612
Apr 201987593362.632.75$57,368
Mar 20191,1061,51856.803.06$67,469
Feb 20191,2993,11550.852.79$74,752
Jan 20191,2093,03046.033.23$65,432
Dec 20187812,21446.594.19$45,653
Nov 20187911,54252.934.24$48,401
Oct 201819343661.443.40$13,339
Sep 20181,9134,25659.543.11$127,128
Aug 20181,6834,76759.403.07$114,588
Jul 20182,2972,00065.142.93$155,490
Jun 20189322,03360.183.08$62,343
May 20182,0224,48665.382.90$145,211
Apr 20182,4244,09163.842.90$166,615
Mar 20181,4873,36061.222.79$100,398
Feb 20181,8713,89361.782.77$126,359
Jan 20181,5063,49262.874.01$108,683
Dec 20171,9403,04957.272.92$120,012
Nov 20171,6923,99555.423.12$106,228
Oct 20172,4153,69549.292.98$130,060
Sep 20172,0353,89447.523.09$108,725
Aug 20172,3665,81845.373.00$124,825
Jul 20171,9856,18643.873.09$106,180
Jun 20171,9445,85942.493.09$100,689
May 20172,1866,90245.373.26$121,703
Apr 20172,5807,49747.933.21$147,737
Mar 20172,5658,22046.772.98$144,491
Feb 20172,2517,45750.452.95$135,580
Jan 20172,5306,79749.413.42$148,245
Dec 20161,7917,62148.763.72$115,701
Nov 20162,4918,81542.492.64$129,153
Oct 20162,6409,40946.193.09$151,018
Sep 20163,1629,54641.553.10$160,980
Aug 20162,96510,03641.442.92$152,218
Jul 20162,94910,39041.622.92$153,121
Jun 20162,97610,36645.352.69$162,803
May 20162,94910,60042.521.99$146,497
Apr 20163,29010,58036.561.99$141,348
Mar 20163,51911,08233.011.79$136,043
Feb 20162,7718,21326.472.06$90,297
Jan 20163,6816,42227.352.36$115,859
Dec 20153,4474,31832.362.00$120,187
Nov 20153,7564,70538.792.17$155,893
Oct 20153,7418,32843.552.43$183,129
Sep 20153,73310,44342.992.76$189,288
Aug 20154,17612,33440.162.87$203,137
Jul 20153,93412,60948.152.95$226,557
Jun 20155,03411,63056.152.88$316,187
May 20155,14512,64955.212.96$321,439
Apr 20154,75711,69249.822.71$268,639
Mar 20156,01717,39242.892.93$309,110
Feb 20154,43315,00444.662.98$242,633
Jan 20156,10632,23943.433.10$365,145
Dec 20145,83618,43854.693.59$385,388
Nov 20149,91329,57970.464.25$824,235
Oct 20147,75027,12578.303.90$712,639
Sep 20149,30633,46186.164.05$937,169
Aug 201414,18243,09189.394.04$1,441,606
Jul 201416,76252,74196.564.18$1,838,975
Jun 201418,37857,40498.164.74$2,075,900
May 20148,89728,05894.734.73$975,431

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           188 bbl  × $106.41 =    $20,005
Gas                2,134 Mcf  × $  3.05 =     $6,500

────────────────────────────────────────────────────
Month total                                  $26,505

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/286309 is the state's own key, not one this site invented.