MUSTANG STATE UNIT

Operated by 1920 ENERGY, LLC (P-5 194397) 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 286482District 08Field 71052900Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$20.8 M
Jul 2018 – May 2026
Value, last 12 filed months
$244 k
at the published price for each month
Months reported
95
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.

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
CondensateDisposition189,212 bbl$13,192,363
GasProduction1,885,927 Mcf$7,582,767
Total$20,775,130

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 31.6999, -104.1299. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.69993, -104.12987 · 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
9,056 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 9,056 ft.

Completions filed
Jul 2018
1 of 1 wells

1 well

42-1093329820H9,056 ftJul 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 (95)

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

95 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20263063.503.75$191
Jan 20268059.138.00$473
Dec 202526056.664.41$1,473
Nov 202530058.593.93$1,758
Oct 20253585,53959.383.30$39,564
Sep 20254926,89262.743.08$52,074
Aug 20254367,08363.933.01$49,227
Jul 20253996,91866.743.32$49,564
Jun 20254336,56366.483.13$49,320
May 20254156,61760.553.23$46,517
Apr 20251792,90762.363.54$21,462
Mar 20253234,14767.704.27$39,568
Feb 202565811,53270.884.34$96,698
Jan 202571114,95874.324.28$116,842
Dec 202494317,49968.993.12$119,678
Nov 20241,01817,76069.052.20$109,337
Oct 202499820,67471.372.28$118,393
Sep 202492822,26069.612.36$117,229
Aug 20241,31123,87175.632.06$148,412
Jul 202491324,79879.932.15$126,207
Jun 202469220,66078.082.63$108,449
May 20241,44649,94178.812.20$223,752
Apr 20241,39426,42984.451.66$161,574
Mar 202456719,55680.301.55$75,747
Feb 20241,64928,96176.091.78$177,128
Jan 20242,17931,65373.023.30$263,491
Dec 20232,38331,23571.262.61$251,358
Nov 20231,89626,65677.892.81$222,518
Oct 20231,79525,16185.443.09$231,044
Sep 20231,20815,00389.042.74$148,594
Aug 20235027,99780.522.67$61,796
Jul 20231,33625,01974.852.64$166,095
Jun 20231,34626,25968.962.26$152,126
May 20231,75929,75270.622.23$190,490
Apr 20231,95833,01078.122.24$226,827
Mar 20232,37836,29972.852.39$260,107
Feb 20232,30732,31275.112.47$252,950
Jan 20232,64739,24176.533.39$335,512
Dec 20223,02440,07676.415.73$460,662
Nov 20223,23341,34585.005.65$508,247
Oct 20223,11943,88887.185.86$529,263
Sep 20223,18742,93984.888.16$621,053
Aug 20222,82644,56894.529.13$673,893
Jul 20223,98148,469101.587.54$769,947
Jun 20224,02248,588115.097.98$850,488
May 20224,08749,258109.378.43$862,390
Apr 20224,01847,351104.226.84$742,523
Mar 20225,21047,145108.885.08$806,592
Feb 20221,13412,25491.054.86$162,791
Jan 20221,49315,33981.844.54$191,791
Dec 20211,95319,47471.323.90$215,219
Nov 20211,88018,03277.435.24$239,999
Oct 20213,15628,32479.795.71$413,657
Sep 20211,43314,52169.865.35$177,810
Aug 20214982,59266.024.22$43,818
Jul 20214563,84470.783.98$47,583
Jun 20213821,60569.493.38$31,971
May 2021321,20263.483.02$5,659
Apr 2021332660.362.76$1,080
Mar 2021812261.302.72$822
Feb 2021178057.805.55$10,288
Jan 20211483450.412.81$3,050
Dec 20200044.642.68$0
Nov 20202810638.772.71$1,372
Oct 20204112636.972.48$1,828
Sep 202018111737.091.99$6,946
Aug 202032524139.982.39$13,568
Jul 20209524,05838.371.83$43,935
Jun 202025984434.901.69$10,466
May 20203621,31116.921.81$8,504
Apr 202046952714.751.80$7,869
Mar 20205771,22130.341.86$19,773
Feb 20201,2183,02449.881.98$66,743
Jan 20202,3556,74657.252.09$148,955
Dec 20193782,15259.012.30$27,265
Nov 2019081055.302.75$2,228
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 2019695052.782.49$36,682
May 20191,3081,33258.482.74$80,142
Apr 20192,3965,93862.632.75$166,395
Mar 20195,55536,95956.803.06$428,696
Feb 20194,75026,50650.852.79$315,548
Jan 20194,14723,10046.033.23$265,457
Dec 201810,08575,69346.594.19$786,669
Nov 20182,05514,19852.934.24$168,931
Oct 201816,960108,93061.443.40$1,412,175
Sep 201818,701126,73159.543.11$1,507,337
Aug 201825,153130,09559.403.07$1,893,032
Jul 201891137,90465.142.93$170,473

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.

Feb 2026 — as filed, then multipliedworked
Condensate             3 bbl  × $ 63.50 =       $191
Gas                    0 Mcf  × $  3.75 =         $0

────────────────────────────────────────────────────
Month total                                     $191

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/286482 is the state's own key, not one this site invented.