ALICE FEE 34

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 286344District 08Field 31913800Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$47.2 M
Apr 2018 – May 2026
Value, last 12 filed months
$2.3 M
at the published price for each month
Months reported
98
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 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 Gas112019-12-16223559
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
CondensateDisposition577,528 bbl$35,202,729
GasProduction3,596,363 Mcf$11,981,187
Total$47,183,916

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 31.8100, -104.0466. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.80997, -104.04665 · 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
9,449 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 9,449 ft.

Completions filed
Apr 2018
1 of 1 wells

1 well

42-109331692H9,449 ftApr 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 (98)

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

98 months

May 20261,50116,188106.413.05$209,027
Apr 20261,49315,68498.932.87$192,711
Mar 20261,72516,69789.753.15$207,405
Feb 20261,55415,24963.503.75$155,868
Jan 20261,73317,85859.138.00$245,299
Dec 20251,71818,70056.664.41$179,872
Nov 20251,74618,01058.593.93$173,013
Oct 20251,80018,83859.383.30$169,141
Sep 20251,79918,51462.743.08$169,835
Aug 20251,86518,79463.933.01$175,889
Jul 20251,93419,47666.743.32$193,642
Jun 20251,89919,18666.483.13$186,273
May 20252,05820,29560.553.23$190,212
Apr 20252,03320,43462.363.54$199,178
Mar 20252,11620,44667.704.27$230,523
Feb 20252,10018,60870.884.34$229,622
Jan 20252,00419,32074.324.28$231,601
Dec 20242,11020,27968.993.12$208,867
Nov 20242,22021,07969.052.20$199,632
Oct 20242,30822,61371.372.28$216,311
Sep 20242,21722,45269.612.36$207,410
Aug 20242,52624,49575.632.06$241,590
Jul 20242,33924,51079.932.15$239,569
Jun 20242,50823,23578.082.63$257,025
May 20242,62325,39578.812.20$262,548
Apr 20242,60723,63784.451.66$259,380
Mar 20242,79924,82780.301.55$263,121
Feb 20242,56723,73376.091.78$237,654
Jan 20242,95425,93973.023.30$301,239
Dec 20233,08827,20671.262.61$291,078
Nov 20232,01618,61477.892.81$209,286
Oct 20233,09726,86385.443.09$347,541
Sep 20233,08426,42989.042.74$346,884
Aug 20232,97827,13880.522.67$312,325
Jul 20232,89822,19774.852.64$275,555
Jun 20231,81416,92068.962.26$163,307
May 20233,04224,69670.622.23$269,834
Apr 20232,91624,48078.122.24$282,578
Mar 20233,22126,77572.852.39$298,727
Feb 20232,93324,19175.112.47$279,945
Jan 20233,62528,43076.533.39$373,734
Dec 20223,28028,99276.415.73$416,722
Nov 20223,28028,59785.005.65$440,264
Oct 20223,51229,87687.185.86$481,362
Sep 20223,52234,61484.888.16$581,525
Aug 20222,92726,94294.529.13$522,564
Jul 20223,98437,075101.587.54$684,317
Jun 20223,90933,908115.097.98$720,378
May 20224,15435,986109.378.43$757,794
Apr 20224,14735,381104.226.84$674,121
Mar 20224,34435,832108.885.08$654,872
Feb 20224,10432,81891.054.86$533,127
Jan 20224,89137,38181.844.54$569,902
Dec 20215,43740,52471.323.90$545,775
Nov 20214921277.435.24$4,904
Oct 20213,33125,43579.795.71$411,113
Sep 20214,08630,62869.865.35$449,336
Aug 20214,32231,53466.024.22$418,431
Jul 20214,37832,48770.783.98$439,241
Jun 20214,35431,51669.493.38$409,103
May 20214,60333,05763.483.02$391,954
Apr 20214,68632,43560.362.76$372,316
Mar 20215,13235,09861.302.72$409,951
Feb 20213,65825,33857.805.55$352,006
Jan 20215,23036,44550.412.81$366,065
Dec 20205,31237,46344.642.68$337,358
Nov 20205,89242,02638.772.71$342,179
Oct 20205,01536,23836.972.48$275,218
Sep 20205,76441,92437.091.99$297,259
Aug 20206,66644,20439.982.39$371,938
Jul 20207,60642,35338.371.83$369,142
Jun 20205,09836,21934.901.69$239,142
May 20206,45742,13816.921.81$185,722
Apr 20207,03547,17214.751.80$188,882
Mar 20207,94551,38130.341.86$336,426
Feb 20207,90947,32649.881.98$488,238
Jan 202010,37253,51357.252.09$705,893
Dec 20199,29752,46959.012.30$669,523
Nov 20199,53548,40355.302.75$660,428
Oct 201911,07252,12553.472.42$718,086
Sep 201910,86358,01355.052.66$752,165
Aug 201912,14661,64953.112.30$787,136
Jul 201912,24263,25856.272.46$844,476
Jun 201912,98962,84652.782.49$842,121
May 201914,40268,96958.482.74$1,031,226
Apr 201914,46969,70262.632.75$1,097,923
Mar 201916,22573,49356.803.06$1,146,623
Feb 201915,20568,81950.852.79$965,332
Jan 201915,78076,43146.033.23$973,086
Dec 201814,79768,71546.594.19$976,995
Nov 201817,11480,06852.934.24$1,245,111
Oct 201814,94574,55061.443.40$1,171,548
Sep 201810,66047,49859.543.11$782,320
Aug 201820,46492,01359.403.07$1,497,725
Jul 201822,52095,41165.142.93$1,746,686
Jun 201824,369102,79560.183.08$1,782,818
May 201822,91397,31965.382.90$1,780,355
Apr 20183,56219,31963.842.90$283,439

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         1,501 bbl  × $106.41 =   $159,721
Gas               16,188 Mcf  × $  3.05 =    $49,306

────────────────────────────────────────────────────
Month total                                 $209,027

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/286344 is the state's own key, not one this site invented.