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CONQUISTA STATE UNIT 54-1-8

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 287184District 08Field 71052900CondensateGasSave
Value, all time
$48.1 M
Aug 2018 – May 2026
Value, last 12 filed months
$4.9 M
at the published price for each month
Months reported
94
no gaps in the span
Streams
2
condensate, gas

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
CondensateDisposition509,839 bbl$31,279,332
GasProduction5,285,269 Mcf$16,841,740
Total$48,121,072

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 31.6079, -103.6529. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.60793, -103.65292 · 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
11,525 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 11,525 ft.

Completions filed
Feb 2021
1 of 1 wells

1 well

42-389367951H11,525 ftFeb 2021——

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 (94)

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

94 months

May 20263,88237,937106.413.05$528,634
Apr 20264,15936,57598.932.87$516,410
Mar 20263,92338,92289.753.15$474,672
Feb 20263,22428,99363.503.75$313,457
Jan 20263,23429,65659.138.00$428,413
Dec 20253,50327,80056.664.41$321,171
Nov 20254,18435,89358.593.93$386,072
Oct 20254,45436,65459.383.30$385,614
Sep 20254,02335,63862.743.08$362,058
Aug 20254,15439,14363.933.01$383,572
Jul 20254,39741,03466.743.32$429,492
Jun 20254,24138,07566.483.13$401,068
May 20254,17340,05960.553.23$382,159
Apr 20253,78938,80762.363.54$373,780
Mar 20253,98341,38167.704.27$446,276
Feb 20253,65738,83070.884.34$427,763
Jan 20253,93038,01574.324.28$454,732
Dec 20244,37542,26068.993.12$433,740
Nov 20243,78940,58169.052.20$350,845
Oct 20243,76641,03671.372.28$362,399
Sep 20243,59739,89769.612.36$344,718
Aug 20243,72944,26075.632.06$373,361
Jul 20244,00046,21079.932.15$418,914
Jun 20243,97645,21178.082.63$429,531
May 20243,05535,11978.812.20$317,972
Apr 20243,39733,79484.451.66$342,948
Mar 20243,10535,28480.301.55$303,850
Feb 20243,34031,42776.091.78$310,195
Jan 20243,52234,06973.023.30$369,524
Dec 20233,67638,11471.262.61$361,457
Nov 20232,64540,16977.892.81$318,796
Oct 20234,54046,10585.443.09$530,237
Sep 20232,87938,75089.042.74$362,329
Aug 20233,58635,95880.522.67$384,856
Jul 20233,31246,36174.852.64$370,380
Jun 20233,96446,03068.962.26$377,315
May 20234,28652,25570.622.23$419,070
Apr 20234,31248,92478.122.24$446,334
Mar 20233,93240,06672.852.39$382,331
Feb 20233,43132,36275.112.47$337,497
Jan 20233,72834,78376.533.39$403,139
Dec 20223,60329,59476.415.73$444,852
Nov 20222,94829,85985.005.65$419,170
Oct 20223,34832,50187.185.86$482,457
Sep 20223,20329,49084.888.16$512,618
Aug 20222,86636,73594.529.13$606,181
Jul 20223,86845,099101.587.54$733,052
Jun 20221642,999115.097.98$42,798
May 20223,26042,714109.378.43$716,755
Apr 20224,27853,675104.226.84$812,861
Mar 20223,75954,053108.885.08$683,675
Feb 20223,16536,61791.054.86$466,089
Jan 20222,90933,41381.844.54$389,690
Dec 20214,03849,53671.323.90$481,137
Nov 20215,03862,06477.435.24$715,112
Oct 20214,94362,95279.795.71$754,102
Sep 20215,00658,91569.865.35$664,969
Aug 20215,02262,86666.024.22$596,884
Jul 20215,45570,51270.783.98$666,889
Jun 20215,15838,12569.493.38$487,316
May 20215,40467,16763.483.02$545,734
Apr 20214,94559,87660.362.76$463,643
Mar 20215,42964,35161.302.72$507,636
Feb 20213,15537,99657.805.55$393,159
Jan 20215,43064,75050.412.81$455,691
Dec 20205,78472,36744.642.68$451,813
Nov 20206,05272,06538.772.71$429,685
Oct 20206,24476,76736.972.48$421,102
Sep 20206,36177,50337.091.99$390,241
Aug 20206,77380,49439.982.39$462,771
Jul 20206,83283,40538.371.83$414,368
Jun 20207,47984,29934.901.69$403,509
May 20207,17089,60816.921.81$283,933
Apr 20207,76790,82014.751.80$278,437
Mar 20209,30697,42830.341.86$463,193
Feb 20207,55391,18249.881.98$557,345
Jan 20209,27993,02457.252.09$726,084
Dec 20199,60298,66959.012.30$793,983
Nov 201910,75899,82955.302.75$869,517
Oct 20198,31493,86653.472.42$671,568
Sep 20195,05642,96855.052.66$392,511
Aug 201911,821113,74353.112.30$889,918
Jul 201913,890132,22056.272.46$1,106,859
Jun 201911,736111,23052.782.49$896,522
May 201911,701112,46758.482.74$992,470
Apr 201913,616115,21562.632.75$1,169,692
Mar 201919,292168,76356.803.06$1,612,555
Feb 201917,863157,10050.852.79$1,346,991
Jan 201919,383144,79446.033.23$1,359,621
Dec 201811,80097,02346.594.19$955,846
Nov 20183,98731,77452.934.24$345,666
Oct 20183,17438,35061.443.40$325,327
Sep 20180059.543.11$0
Aug 20180059.403.07$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         3,882 bbl  × $106.41 =   $413,084
Gas               37,937 Mcf  × $  3.05 =   $115,550

────────────────────────────────────────────────────
Month total                                 $528,634

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/287184 is the state's own key, not one this site invented.