MineralRecord
Log inSign up

EXPEDITION STATE UNIT 71-67

Operated by EQV OPERATING LLC (P-5 101634) 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 287142District 08Field 71052900Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$28.3 M
Jul 2018 – May 2026
Value, last 12 filed months
$1.8 M
at the published price for each month
Months reported
95
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.”

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
CondensateDisposition311,067 bbl$19,353,506
GasProduction2,667,678 Mcf$8,936,961
Total$28,290,467

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 31.6374, -103.7276. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.63744, -103.72759 · 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
11,489 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 11,489 ft.

Completions filed
Nov 2024
1 of 1 wells

1 well

42-389367681H11,489 ftNov 2024——

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 20262,23224,679106.413.05$312,675
Apr 20262,29225,73798.932.87$300,606
Mar 20262,33827,01689.753.15$294,921
Feb 20261,89920,96063.503.75$199,193
Jan 20261,79218,92559.138.00$257,322
Dec 20251,97316,29356.664.41$183,697
Nov 20253011,80258.593.93$24,711
Oct 20253702,28259.383.30$29,512
Sep 20254512,88362.743.08$37,167
Aug 2025072063.933.01$2,171
Jul 20251,14010,54866.743.32$111,052
Jun 20256976,19866.483.13$65,728
May 20251,30110,01960.553.23$111,160
Apr 20251,0138,96762.363.54$94,942
Mar 20256084,73467.704.27$61,368
Feb 202513620570.884.34$10,530
Jan 20258926974.324.28$7,765
Dec 20241,6626,91468.993.12$136,243
Nov 20241,1144,65769.052.20$87,160
Oct 20241,9637,49971.372.28$157,208
Sep 20241,88410,71769.612.36$156,484
Aug 20242,33216,20275.632.06$209,804
Jul 20242,49316,98479.932.15$235,723
Jun 20242,23615,01878.082.63$214,144
May 20242,47917,48578.812.20$233,810
Apr 20242,16010,52084.451.66$199,867
Mar 20241,8705,95780.301.55$159,365
Feb 20242,41213,05976.091.78$206,822
Jan 20242,09810,01573.023.30$186,222
Dec 20231,92010,45371.262.61$164,109
Nov 20232,92617,00577.892.81$275,649
Oct 20232,91217,28785.443.09$302,171
Sep 20232,07817,21589.042.74$232,109
Aug 20232,53720,66780.522.67$259,520
Jul 20232,22522,64874.852.64$226,373
Jun 20232,55521,91968.962.26$225,696
May 20232,45823,06470.622.23$224,957
Apr 20232,43724,21178.122.24$244,557
Mar 20232,57923,38972.852.39$243,854
Feb 20232,43522,78275.112.47$239,066
Jan 20232,53621,97576.533.39$268,525
Dec 20222,32618,99476.415.73$286,548
Nov 20222,65324,40985.005.65$363,323
Oct 20222,25319,95987.185.86$313,451
Sep 20223,49123,12284.888.16$485,077
Aug 20221,38015,10294.529.13$268,276
Jul 20222,42528,551101.587.54$461,665
Jun 20221,68126,247115.097.98$402,844
May 20222,06317,005109.378.43$369,034
Apr 20222,68826,245104.226.84$459,596
Mar 20223,11028,262108.885.08$482,086
Feb 20221,66416,99291.054.86$234,069
Jan 20222,76828,11981.844.54$354,128
Dec 20213,46433,92571.323.90$379,330
Nov 20212,84833,48177.435.24$395,856
Oct 20213,21235,66679.795.71$460,076
Sep 20212,88132,69469.865.35$376,210
Aug 20213,34337,21166.024.22$377,757
Jul 20213,60838,60470.783.98$409,098
Jun 20213,44035,73969.493.38$359,866
May 20213,39339,46663.483.02$334,483
Apr 20213,38640,46360.362.76$315,993
Mar 20213,74637,94661.302.72$332,727
Feb 20212,34024,00657.805.55$268,436
Jan 20213,67941,65950.412.81$302,531
Dec 20202,71525,25844.642.68$188,774
Nov 20202,72126,78838.772.71$177,997
Oct 20203,94645,56136.972.48$258,803
Sep 20202,70925,77037.091.99$151,786
Aug 20203,77040,90639.982.39$248,290
Jul 20204,01543,03738.371.83$232,603
Jun 20203,72536,21934.901.69$191,224
May 20202,30120,35216.921.81$75,867
Apr 20203,29229,58214.751.80$101,934
Mar 20204,96049,19430.341.86$241,802
Feb 20205,52451,61249.881.98$377,763
Jan 20205,93654,08557.252.09$453,130
Dec 20196,71755,45559.012.30$524,158
Nov 20196,49762,97455.302.75$532,507
Oct 20197,39093,86653.472.42$622,162
Sep 20198,88277,56655.052.66$695,069
Aug 20193,03233,26853.112.30$237,691
Jul 201935539156.272.46$20,938
Jun 20192,83126,86452.782.49$216,344
May 2019010,10758.482.74$27,696
Apr 201912,14582,27762.632.75$986,961
Mar 201913,11789,73356.803.06$1,019,817
Feb 201916,274112,97250.852.79$1,142,976
Jan 201914,54692,95146.033.23$969,615
Dec 201812,80981,80546.594.19$939,161
Nov 20187,57950,66452.934.24$615,832
Oct 201812,50474,93261.443.40$1,022,871
Sep 201809,74359.543.11$30,281
Aug 20180059.403.07$0
Jul 20180065.142.93$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         2,232 bbl  × $106.41 =   $237,507
Gas               24,679 Mcf  × $  3.05 =    $75,168

────────────────────────────────────────────────────
Month total                                 $312,675

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/287142 is the state's own key, not one this site invented.