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 286876District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$30.6 M
Nov 2016 – May 2026
Value, last 12 filed months
$1.7 M
at the published price for each month
Months reported
115
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 Gas112020-04-02221765
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
CondensateDisposition402,516 bbl$22,596,253
GasProduction2,326,360 Mcf$8,023,014
Total$30,619,267

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 31.8840, -103.8549. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.88396, -103.85493 · 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
10,296 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 10,296 ft.

Completions filed
Dec 2016
1 of 1 wells

1 well

42-301329706H10,296 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 (115)

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

115 months

May 20261,13725,400106.413.05$198,353
Apr 202650117,40898.932.87$99,520
Mar 202676820,18389.753.15$132,493
Feb 202664115,94263.503.75$100,491
Jan 20261,21019,20459.138.00$225,139
Dec 20251,18025,84256.664.41$180,909
Nov 202578725,00958.593.93$144,307
Oct 202597615,28259.383.30$108,459
Sep 20251,55835,82662.743.08$207,983
Aug 20251,31836,30863.933.01$193,720
Jul 202594126,17166.743.32$149,564
Jun 20251066.483.13$66
May 202599316,58160.553.23$113,721
Apr 20251,05415,65062.363.54$121,177
Mar 202596319,23367.704.27$147,288
Feb 202596583070.884.34$72,002
Jan 20259281,39574.324.28$74,938
Dec 202475576668.993.12$54,478
Nov 202496059269.052.20$67,589
Oct 20241,43178471.372.28$103,919
Sep 202458089569.612.36$42,490
Aug 20241,00541575.632.06$76,865
Jul 20249389,06779.932.15$94,437
Jun 20241,0299,44678.082.63$105,225
May 20241,00220,75278.812.20$124,590
Apr 20241,40231,39184.451.66$170,483
Mar 202474513,15580.301.55$80,150
Feb 20240076.091.78$0
Jan 20246197,45873.023.30$69,793
Dec 20231,40924,49571.262.61$164,355
Nov 202378315,81077.892.81$105,375
Oct 20231,24614,85885.443.09$152,329
Sep 20230089.042.74$0
Aug 2023707080.522.67$56,928
Jul 20237858,39374.852.64$80,930
Jun 20231,38918,18568.962.26$136,856
May 20231,26023,31970.622.23$140,922
Apr 20231,16316,49578.122.24$127,765
Mar 20231,15220,85072.852.39$133,821
Feb 202399313,95375.112.47$108,988
Jan 20231,45222,04376.533.39$185,797
Dec 202287516,70576.415.73$162,563
Nov 20221,25621,10785.005.65$225,934
Oct 20221,11020,88087.185.86$219,205
Sep 20221,19723,14584.888.16$290,550
Aug 20221,67025,87194.529.13$393,977
Jul 20222,69029,313101.587.54$494,331
Jun 20221,73616,740115.097.98$333,335
May 20222,57929,793109.378.43$533,311
Apr 20221,75019,379104.226.84$314,891
Mar 20222,62920,012108.885.08$387,834
Feb 202298712,83391.054.86$152,220
Jan 20222,28017,89381.844.54$267,788
Dec 20212,61825,58471.323.90$286,471
Nov 20212,48021,11477.435.24$302,597
Oct 20212,45318,55079.795.71$301,717
Sep 20212,43221,81069.865.35$286,603
Aug 20213,23323,64966.024.22$313,255
Jul 20213,13824,65570.783.98$320,286
Jun 20212,64820,59769.493.38$253,640
May 20212,67517,69863.483.02$223,216
Apr 20212,70518,25460.362.76$213,626
Mar 20213,54624,87361.302.72$284,948
Feb 20212,93016,82657.805.55$262,704
Jan 20213,34931,43650.412.81$257,167
Dec 20203,98725,06244.642.68$245,032
Nov 20202,85622,37138.772.71$171,276
Oct 20203,06126,43036.972.48$178,670
Sep 20203,49633,89137.091.99$197,145
Aug 20203,78731,73039.982.39$227,083
Jul 20204,23326,33938.371.83$210,492
Jun 20204,44423,36934.901.69$194,596
May 20203,82820,70616.921.81$102,346
Apr 20203,53418,11514.751.80$84,813
Mar 20203,75120,38430.341.86$151,643
Feb 20202,94519,53349.881.98$185,585
Jan 20203,35120,28057.252.09$234,326
Dec 20195,58425,80759.012.30$388,980
Nov 20194,94024,65255.302.75$340,992
Oct 20195,22822,48453.472.42$333,920
Sep 20195,60623,93755.052.66$372,218
Aug 20196,34826,94753.112.30$399,238
Jul 20197,03931,66256.272.46$473,975
Jun 20196,92324,93452.782.49$427,512
May 20196,19325,21658.482.74$431,267
Apr 20196,0678,82062.632.75$404,237
Mar 20193,8316,75956.803.06$238,298
Feb 201972775750.852.79$39,082
Jan 20195187146.033.23$24,073
Dec 201860413946.594.19$28,722
Nov 201871894252.934.24$41,995
Oct 2018430061.443.40$26,419
Sep 20183,3236,58959.543.11$218,330
Aug 20186,85222,95359.403.07$477,396
Jul 20184,48712,55665.142.93$329,096
Jun 20183,57211,49760.183.08$250,338
May 20185,92014,86665.382.90$430,173
Apr 20187,82924,30363.842.90$570,302
Mar 20186,62924,13461.222.79$473,085
Feb 20181,5126,93561.782.77$112,594
Jan 20184,21650762.874.01$267,093
Dec 20178,69127,26357.272.92$577,383
Nov 20178,26931,06255.423.12$555,130
Oct 20179,51435,67449.292.98$575,385
Sep 20179,78127,73847.523.09$550,428
Aug 20176,14922,21345.373.00$345,717
Jul 201710,82240,56543.873.09$599,997
Jun 201711,03539,77342.493.09$591,668
May 201713,42543,02245.373.26$749,490
Apr 201713,72746,91947.933.21$808,620
Mar 201717,71559,75646.772.98$1,006,823
Feb 201717,95372,81150.452.95$1,120,711
Jan 201727,103102,76549.413.42$1,690,492
Dec 20166,27133,01948.763.72$428,698
Nov 20160042.492.64$0

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         1,137 bbl  × $106.41 =   $120,988
Gas               25,400 Mcf  × $  3.05 =    $77,364

────────────────────────────────────────────────────
Month total                                 $198,353

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/286876 is the state's own key, not one this site invented.