CIRCE STATE 28

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 286372District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$18.6 M
Oct 2015 – May 2026
Value, last 12 filed months
$433 k
at the published price for each month
Months reported
128
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 Gas112019-09-10221755
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
CondensateDisposition275,008 bbl$13,362,291
GasProduction1,886,003 Mcf$5,229,899
Total$18,592,190

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 31.5644, -103.7027. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.56436, -103.70270 · 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
11,377 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 11,377 ft.

Completions filed
Oct 2015
1 of 1 wells

1 well

42-389348651H11,377 ftOct 2015

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 (128)

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

128 months

May 20262672,589106.413.05$36,297
Apr 20261142,25698.932.87$17,752
Mar 20263692,14389.753.15$39,867
Feb 20263251,66363.503.75$26,874
Jan 20263712,41059.138.00$41,212
Dec 20254382,22256.664.41$34,624
Nov 20254973,30858.593.93$42,108
Oct 20254352,63259.383.30$34,529
Sep 20254522,95362.743.08$37,445
Aug 20255022,17463.933.01$38,647
Jul 20254743,89266.743.32$44,538
Jun 20254512,89666.483.13$39,043
May 20255342,98160.553.23$41,969
Apr 20254882,50262.363.54$39,297
Mar 20256794,74967.704.27$66,239
Feb 202513135470.884.34$10,822
Jan 20256123,66774.324.28$61,174
Dec 20245523,30568.993.12$48,399
Nov 20244943,57469.052.20$41,968
Oct 20247403,96571.372.28$61,860
Sep 20241,0683,55269.612.36$82,742
Aug 20245894,31275.632.06$53,444
Jul 20247172,78879.932.15$63,295
Jun 20248583,24878.082.63$75,548
May 20245613,53178.812.20$51,975
Apr 20245353,05084.451.66$50,241
Mar 20247704,15980.301.55$68,257
Feb 20244763,38776.091.78$42,260
Jan 20241,0342,86673.023.30$84,954
Dec 20236303,63071.262.61$54,371
Nov 20239543,38177.892.81$83,799
Oct 20238643,73885.443.09$85,360
Sep 20236193,34489.042.74$64,262
Aug 20233494,15580.522.67$39,207
Jul 20232442,97574.852.64$26,123
Jun 20233194,01368.962.26$31,062
May 20235903,61870.622.23$49,725
Apr 20236692,44978.122.24$57,743
Mar 20239693,58772.852.39$79,176
Feb 2023801,49475.112.47$9,693
Jan 20230076.533.39$0
Dec 20229076.415.73$688
Nov 20227354,06985.005.65$85,449
Oct 20221,4098,52987.185.86$172,849
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 20221350115.097.98$15,537
May 20222180109.378.43$23,843
Apr 20227312,656104.226.84$94,345
Mar 20221,8837,776108.885.08$244,495
Feb 20221,6077,49091.054.86$182,710
Jan 20221,6208,04681.844.54$169,091
Dec 20211,5428,40871.323.90$142,759
Nov 20211,7319,72377.435.24$184,949
Oct 20212,38316,55479.795.71$284,727
Sep 2021553569.865.35$4,030
Aug 20217267,68566.024.22$80,366
Jul 20211,55911,99670.783.98$158,115
Jun 20211,77112,50669.493.38$165,345
May 20212,01612,40663.483.02$165,413
Apr 20212,52012,58260.362.76$186,814
Mar 20211,94913,57361.302.72$156,351
Feb 20211,42810,58457.805.55$141,258
Jan 20211,90413,38550.412.81$133,596
Dec 20202,30213,76844.642.68$139,597
Nov 20202,07413,80838.772.71$117,781
Oct 20201,93614,72036.972.48$108,056
Sep 20201,66214,59837.091.99$90,709
Aug 20202,25715,19439.982.39$126,474
Jul 20201,85714,84538.371.83$98,347
Jun 20201,96115,14534.901.69$94,039
May 20202,28915,74016.921.81$67,294
Apr 20202,40114,93114.751.80$62,356
Mar 20202,89316,76930.341.86$118,901
Feb 20202911,32749.881.98$17,143
Jan 20202,23812,59057.252.09$154,498
Dec 20192,41713,60059.012.30$173,966
Nov 20191,91612,15655.302.75$139,392
Oct 20192,19613,92253.472.42$151,091
Sep 20192,32814,33155.052.66$166,238
Aug 20192,01315,02253.112.30$141,527
Jul 20192,32615,32956.272.46$168,594
Jun 20192,72315,94752.782.49$183,447
May 20192,03312,82658.482.74$154,037
Apr 20192,16913,90562.632.75$174,093
Mar 20193,03515,94356.803.06$221,207
Feb 20192,13514,40750.852.79$148,792
Jan 20192,13717,46646.033.23$154,750
Dec 20181,8829,83946.594.19$128,863
Nov 20186417,90352.934.24$67,415
Oct 20182,39314,83161.443.40$197,423
Sep 20181,97115,35459.543.11$165,074
Aug 20181,67217,82259.403.07$153,969
Jul 20182,13717,40565.142.93$190,234
Jun 20181,93217,57160.183.08$170,332
May 20181,73013,44165.382.90$152,097
Apr 20181,3258,67263.842.90$109,744
Mar 20182,79719,32761.222.79$225,094
Feb 20182,76510,99161.782.77$201,224
Jan 20182,10014,06562.874.01$188,418
Dec 201766389957.272.92$40,596
Nov 20171,00511,23255.423.12$90,723
Oct 20172,56121,77749.292.98$191,207
Sep 20171,59522,38947.523.09$144,916
Aug 201776819,07145.373.00$92,141
Jul 20171,65217,04543.873.09$125,096
Jun 20172,53119,13042.493.09$166,602
May 20173,57727,24745.373.26$251,206
Apr 20174,15032,37747.933.21$302,891
Mar 20171,86013,56246.772.98$127,457
Feb 20173,72829,61950.452.95$275,531
Jan 20173,88930,25349.413.42$295,584
Dec 20164,36135,88548.763.72$346,236
Nov 20164,69038,93142.492.64$302,225
Oct 20165,50944,50746.193.09$391,999
Sep 20165,99749,82441.553.10$403,661
Aug 20166,22848,19841.442.92$399,036
Jul 20166,41043,87341.622.92$395,084
Jun 20166,72844,07445.352.69$423,490
May 20167,12246,20142.521.99$394,815
Apr 20168,04153,84436.561.99$401,185
Mar 20169,01862,54433.011.79$409,889
Feb 201610,20370,79926.472.06$416,176
Jan 201612,33482,32927.352.36$531,990
Dec 201514,62094,01032.362.00$661,256
Nov 201514,77690,15538.792.17$768,557
Oct 20156,30739,20343.552.43$369,799

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           267 bbl  × $106.41 =    $28,411
Gas                2,589 Mcf  × $  3.05 =     $7,886

────────────────────────────────────────────────────
Month total                                  $36,297

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/286372 is the state's own key, not one this site invented.