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 287253District 08Field 71052900Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$22.5 M
Apr 2019 – May 2026
Value, last 12 filed months
$532 k
at the published price for each month
Months reported
86
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
CondensateDisposition202,618 bbl$14,064,516
GasProduction2,209,686 Mcf$8,391,907
Total$22,456,423

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 31.7004, -104.1339. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.70043, -104.13394 · 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
9,025 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 9,025 ft.

Completions filed
Aug 2019
1 of 1 wells

1 well

42-1093343622H9,025 ftAug 2019

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 (86)

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

86 months

May 202610106.413.05$106
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 202624063.503.75$1,524
Jan 202670059.138.00$4,139
Dec 20252433,43756.664.41$28,937
Nov 20252017,99158.593.93$43,153
Oct 202582513,79859.383.30$94,589
Sep 202591212,49762.743.08$95,671
Aug 202578512,83363.933.01$88,873
Jul 202568312,50366.743.32$87,033
Jun 202579211,29066.483.13$87,975
May 202558511,33360.553.23$72,054
Apr 20251774,05262.363.54$25,394
Mar 20253405,98567.704.27$48,564
Feb 202554711,28370.884.34$87,749
Jan 20251,03617,73074.324.28$152,857
Dec 20241,35520,64168.993.12$157,910
Nov 20241,23220,20969.052.20$129,498
Oct 20241,08520,20071.372.28$123,521
Sep 20241,25124,90769.612.36$145,971
Aug 20241,26221,82575.632.06$140,484
Jul 202487518,10379.932.15$108,798
Jun 202464414,76978.082.63$89,185
May 20241,15940,24178.812.20$179,808
Apr 20241,65926,55284.451.66$184,158
Mar 202465118,06480.301.55$80,187
Feb 20241,27927,48276.091.78$146,337
Jan 20241,99234,55673.023.30$259,410
Dec 20232,24036,58871.262.61$255,143
Nov 20232,38435,98577.892.81$286,720
Oct 20233,08235,94685.443.09$374,301
Sep 20231,25322,58689.042.74$173,341
Aug 202396614,12580.522.67$115,537
Jul 20231,62431,60474.852.64$205,048
Jun 20231,18524,64168.962.26$137,369
May 20231,92436,09170.622.23$216,262
Apr 20232,34836,54178.122.24$265,196
Mar 20232,89139,82172.852.39$305,907
Feb 20232,66334,67175.112.47$285,506
Jan 20233,11942,92676.533.39$384,118
Dec 20223,59544,13276.415.73$527,530
Nov 20223,69845,43385.005.65$570,854
Oct 20223,78949,59287.185.86$621,121
Sep 20224,00050,64884.888.16$752,994
Aug 20223,95554,90094.529.13$874,908
Jul 20224,92059,286101.587.54$946,913
Jun 20225,34159,444115.097.98$1,088,892
May 20224,22357,005109.378.43$942,595
Apr 20225,49555,956104.226.84$955,294
Mar 20226,87463,875108.885.08$1,072,696
Feb 20224,58240,05991.054.86$611,831
Jan 20221,0417,76381.844.54$120,421
Dec 20212,37918,16071.323.90$240,478
Nov 20212,15619,60477.435.24$269,602
Oct 20213,48227,33179.795.71$433,995
Sep 20213,15524,01769.865.35$348,921
Aug 20213,49017,23166.024.22$303,135
Jul 20212,33616,69570.783.98$231,823
Jun 20214,46112,87169.493.38$353,507
May 202160513,99763.483.02$80,644
Apr 20211103,89960.362.76$17,395
Mar 202113452961.302.72$9,651
Feb 20211,0392,43057.805.55$73,536
Jan 20212259,45850.412.81$37,922
Dec 2020013144.642.68$350
Nov 20203891,41738.772.71$18,917
Oct 202091310,06336.972.48$58,694
Sep 20202,46420,72737.091.99$132,658
Aug 20201,84718,31939.982.39$117,536
Jul 20204,94238,19938.371.83$259,342
Jun 20201,74928,91834.901.69$109,920
May 20201,97315,74916.921.81$61,964
Apr 20203,65933,93914.751.80$115,209
Mar 20205,83645,49130.341.86$261,506
Feb 20205,80848,96249.881.98$386,681
Jan 20207,39762,22757.252.09$553,828
Dec 20199,05963,83359.012.30$681,666
Nov 201910,08874,77555.302.75$763,550
Oct 201910,82278,42853.472.42$768,334
Sep 201912,19484,76555.052.66$896,524
Aug 20191,04925,62253.112.30$114,755
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$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 bbl  × $106.41 =       $106
Gas                    0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                     $106

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/287253 is the state's own key, not one this site invented.