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LOUIS STATE 24

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 286343District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$32.3 M
Dec 2016 – May 2026
Value, last 12 filed months
$1.3 M
at the published price for each month
Months reported
114
no gaps in the span
Streams
2
condensate, gas

The PHANTOM (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 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 Gas112020-01-06221719
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
CondensateDisposition346,047 bbl$19,784,394
GasProduction3,866,888 Mcf$12,472,980
Total$32,257,374

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 31.5923, -103.7542. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.59230, -103.75424 · 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
11,506 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 11,506 ft.

Completions filed
Dec 2016
1 of 1 wells

1 well

42-389353011H11,506 ftDec 2016——

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 (114)

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

114 months

May 202670712,925106.413.05$114,599
Apr 20265018,09298.932.87$72,786
Mar 20263133,91889.753.15$40,431
Feb 202696115,15963.503.75$117,875
Jan 20261,26720,68459.138.00$240,347
Dec 20251,17320,71756.664.41$157,894
Nov 202581018,47458.593.93$119,995
Oct 202560513,88259.383.30$81,803
Sep 202573317,99962.743.08$101,370
Aug 202583018,52863.933.01$108,919
Jul 202553612,70166.743.32$77,879
Jun 202558413,46466.483.13$80,949
May 202587315,38560.553.23$102,589
Apr 202562524,28262.363.54$125,009
Mar 20251,13927,53767.704.27$194,647
Feb 202597023,78570.884.34$172,000
Jan 202581218,85174.324.28$141,005
Dec 20241,04422,71968.993.12$142,940
Nov 202490019,21669.052.20$104,390
Oct 20241,10724,17271.372.28$134,153
Sep 202489021,42769.612.36$112,614
Aug 202482319,04275.632.06$101,539
Jul 20241,06522,55179.932.15$133,533
Jun 20241,03722,52378.082.63$140,294
May 202488517,91878.812.20$109,139
Apr 202474915,54884.451.66$89,050
Mar 20241,00920,66780.301.55$112,956
Feb 202477319,38676.091.78$93,395
Jan 202497218,32273.023.30$131,395
Dec 20231,02319,36371.262.61$123,450
Nov 20231,03216,69277.892.81$127,246
Oct 2023190085.443.09$16,234
Sep 202398215,94989.042.74$131,058
Aug 20231,29619,00980.522.67$155,163
Jul 20235603,73574.852.64$51,783
Jun 20231,06019,91368.962.26$118,071
May 202397120,60770.622.23$114,472
Apr 20231,23918,62278.122.24$138,462
Mar 20231,42922,85572.852.39$158,798
Feb 20231,54019,31675.112.47$163,296
Jan 20231,36825,05376.533.39$189,566
Dec 20221,28423,18876.415.73$230,956
Nov 20221,32122,69185.005.65$240,403
Oct 20221,44725,67787.185.86$276,713
Sep 20222,03128,36584.888.16$403,954
Aug 20221,95425,68794.529.13$419,141
Jul 20221,85522,881101.587.54$361,001
Jun 20221,50417,758115.097.98$314,754
May 20221,36120,225109.378.43$319,411
Apr 20221,35817,011104.226.84$257,845
Mar 20221,72615,912108.885.08$268,703
Feb 20221,24010,70391.054.86$164,906
Jan 20221,36012,28281.844.54$167,034
Dec 20211,71612,99771.323.90$173,062
Nov 202168912,02877.435.24$116,338
Oct 202169812,00379.795.71$124,277
Sep 20211,55814,69769.865.35$187,484
Aug 20211,20315,02866.024.22$142,849
Jul 20212,16832,93570.783.98$284,601
Jun 20211,68534,18869.493.38$232,667
May 20212,11735,53263.483.02$241,611
Apr 20212,42332,87060.362.76$236,922
Mar 20212,71033,33861.302.72$256,700
Feb 20212,03926,89657.805.55$267,072
Jan 20212,68432,03750.412.81$225,333
Dec 20202,46342,33844.642.68$223,222
Nov 20201,33825,05838.772.71$119,695
Oct 20201,86524,53336.972.48$129,752
Sep 20202,35932,05537.091.99$151,318
Aug 20202,77240,28539.982.39$206,908
Jul 20202,93541,66238.371.83$188,654
Jun 20202,91440,18434.901.69$169,622
May 20203,10442,72916.921.81$130,062
Apr 20203,24441,98014.751.80$123,597
Mar 20203,39943,64830.341.86$184,146
Feb 20203,91038,93849.881.98$272,154
Jan 20202,82339,01457.252.09$243,341
Dec 20193,50641,02959.012.30$301,435
Nov 20193,73842,52955.302.75$323,696
Oct 20193,82345,93653.472.42$315,514
Sep 20194,07545,78955.052.66$346,003
Aug 20193,95753,52453.112.30$333,495
Jul 20194,44454,61756.272.46$384,425
Jun 20194,43254,69152.782.49$370,167
May 20194,91960,19958.482.74$452,628
Apr 20194,70461,45862.632.75$463,664
Mar 20195,94665,48356.803.06$538,248
Feb 20195,17259,43150.852.79$428,941
Jan 20195,75968,56046.033.23$486,411
Dec 20186,06871,38546.594.19$581,486
Nov 20185,92468,98752.934.24$605,872
Oct 20184,65263,87961.443.40$502,885
Sep 20183,64547,24259.543.11$363,851
Aug 20185,49757,76259.403.07$503,652
Jul 20185,25756,81265.142.93$509,007
Jun 20185,12866,85060.183.08$514,295
May 20187,22786,24765.382.90$722,687
Apr 20188,94586,91463.842.90$823,169
Mar 20189,23595,59361.222.79$831,769
Feb 20187,10852,32661.782.77$583,872
Jan 20188,87348,79262.874.01$753,468
Dec 20177,98056,46757.272.92$621,984
Nov 20176,28551,05655.423.12$507,526
Oct 201710,81650,26649.292.98$683,098
Sep 20178,59239,31847.523.09$529,678
Aug 20178,46147,09745.373.00$525,374
Jul 2017243043.873.09$10,660
Jun 20176,49273,63742.493.09$503,183
May 20178,473108,02545.373.26$736,949
Apr 20176,04958,86747.933.21$478,986
Mar 201711,47452,07946.772.98$692,026
Feb 20179,86951,66250.452.95$650,428
Jan 201711,14460,57349.413.42$757,712
Dec 20167,49541,46548.763.72$519,823

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           707 bbl  × $106.41 =    $75,232
Gas               12,925 Mcf  × $  3.05 =    $39,367

────────────────────────────────────────────────────
Month total                                 $114,599

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/286343 is the state's own key, not one this site invented.