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STATE LINK VJ RANCH 37-48

Operated by EOG RESOURCES, INC. (P-5 253162) 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 287548District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$23.0 M
Dec 2015 – May 2026
Value, last 12 filed months
$1.9 M
at the published price for each month
Months reported
126
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.”

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 Gas112020-01-30223960
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
CondensateDisposition346,325 bbl$18,772,254
GasProduction1,429,376 Mcf$4,205,873
Total$22,978,127

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 31.7671, -103.7069. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.76710, -103.70689 · 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
11,210 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 11,210 ft.

Completions filed
Dec 2015
1 of 1 wells

1 well

42-301326522H11,210 ftDec 2015——

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 (126)

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

126 months

May 20263913,006106.413.05$50,762
Apr 20262,0667,03498.932.87$224,575
Mar 20262,1107,36089.753.15$212,552
Feb 20262,87310,30463.503.75$221,079
Jan 20261,9467,50959.138.00$175,123
Dec 20252,71611,15156.664.41$203,102
Nov 20251,0943,71058.593.93$78,665
Oct 20252,1876,39959.383.30$151,012
Sep 20251,8747,15362.743.08$139,584
Aug 20252,70110,52063.933.01$204,390
Jul 20251,9136,06466.743.32$147,777
Jun 20251,7106,60366.483.13$134,340
May 20252,3087,51860.553.23$164,050
Apr 20252,1327,75562.363.54$160,428
Mar 20253,3137,07167.704.27$254,471
Feb 20252,1544,80770.884.34$173,542
Jan 20253,39310,03674.324.28$295,109
Dec 20243,11810,24068.993.12$247,074
Nov 20247812,91369.052.20$60,332
Oct 20241,9436,92371.372.28$154,466
Sep 20245,04518,32869.612.36$394,516
Aug 20243,10511,01475.632.06$257,560
Jul 20241,1674,30379.932.15$102,515
Jun 20242,3447,47178.082.63$202,698
May 20243901,73878.812.20$34,557
Apr 20243771,66484.451.66$34,599
Mar 20241,1683,57280.301.55$99,310
Feb 20241,3623,93376.091.78$110,650
Jan 20241,5654,97073.023.30$130,666
Dec 20231,3653,82671.262.61$107,259
Nov 20231,0853,00077.892.81$92,933
Oct 20231,7284,97785.443.09$163,006
Sep 20231,0013,05889.042.74$97,493
Aug 20231,3455,48380.522.67$122,955
Jul 20231,7496,49074.852.64$148,058
Jun 20232,9068,16468.962.26$218,836
May 20235793,12470.622.23$47,847
Apr 202301578.122.24$34
Mar 20230072.852.39$0
Feb 20230375.112.47$7
Jan 20230076.533.39$0
Dec 20221401276.415.73$10,766
Nov 20220485.005.65$23
Oct 20220187.185.86$6
Sep 20223841,10284.888.16$41,590
Aug 20220094.529.13$0
Jul 2022046101.587.54$347
Jun 2022038115.097.98$303
May 202200109.378.43$0
Apr 20229754,164104.226.84$130,086
Mar 20222,1289,888108.885.08$281,892
Feb 20221,9228,93291.054.86$218,397
Jan 20222,49410,26281.844.54$250,675
Dec 20212,70910,20771.323.90$233,004
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 202108,79969.493.38$29,746
May 20210063.483.02$0
Apr 20213,45312,62660.362.76$243,251
Mar 20212,39210,69661.302.72$175,690
Feb 20211,1996,63357.805.55$106,102
Jan 20212,35610,49450.412.81$148,257
Dec 20202,28510,87344.642.68$131,093
Nov 20202,09411,15438.772.71$111,373
Oct 20202,27711,58936.972.48$112,903
Sep 20202,0557,98437.091.99$92,116
Aug 20202,38912,49539.982.39$125,314
Jul 20202,74912,82438.371.83$128,884
Jun 20202,93513,27934.901.69$124,877
May 20202,23711,39816.921.81$58,535
Apr 20202,61411,34914.751.80$59,034
Mar 20202,86013,83630.341.86$112,455
Feb 20202,79713,48149.881.98$166,216
Jan 20202,84212,79757.252.09$189,511
Dec 20196,63113,23259.012.30$421,787
Nov 20192,93914,13555.302.75$201,408
Oct 20193,74214,87753.472.42$236,065
Sep 20193,36016,57655.052.66$229,015
Aug 20192,95715,99653.112.30$193,907
Jul 20194,28216,95456.272.46$282,656
Jun 20193,16214,22252.782.49$202,320
May 20195,28521,49958.482.74$367,981
Apr 20194,16319,10762.632.75$313,286
Mar 20191,4896,49056.803.06$104,448
Feb 20191,3634,92750.852.79$83,066
Jan 20193,57314,83646.033.23$212,358
Dec 20183,48812,22646.594.19$213,677
Nov 20183,21212,74452.934.24$224,011
Oct 20183,09212,77461.443.40$233,380
Sep 20183,88714,42759.543.11$276,271
Aug 20184,07413,49859.403.07$283,388
Jul 20183,23010,99865.142.93$242,647
Jun 20182,2929,42460.183.08$166,929
May 20184,50616,70665.382.90$343,063
Apr 20183,94814,21963.842.90$293,287
Mar 20183,79816,67061.222.79$278,970
Feb 20186,12619,64261.782.77$432,796
Jan 20183,33213,03962.874.01$261,760
Dec 20174,24416,45757.272.92$291,133
Nov 20176,10222,09755.423.12$407,079
Oct 20175,75324,87649.292.98$357,787
Sep 20175,97121,55747.523.09$350,294
Aug 20174,47621,94345.373.00$269,002
Jul 20176,21128,67243.873.09$360,995
Jun 20176,72327,29242.493.09$369,918
May 20176,45428,04145.373.26$384,327
Apr 20176,76530,56147.933.21$422,396
Mar 20177,07431,63846.772.98$425,249
Feb 20175,74324,16550.452.95$361,084
Jan 20175,82532,27849.413.42$398,165
Dec 20164,47227,20748.763.72$319,342
Nov 20166,95939,31242.492.64$399,643
Oct 20166,96734,65246.193.09$428,889
Sep 20165,10124,89041.553.10$289,121
Aug 20166,36334,82341.442.92$365,517
Jul 20164,36116,80941.622.92$230,660
Jun 20163,13011,51345.352.69$172,867
May 20165,49418,43842.521.99$270,316
Apr 20164,99120,05436.561.99$222,399
Mar 20166,14422,70233.011.79$243,541
Feb 20164,42318,10726.472.06$154,443
Jan 20167,35833,08327.352.36$279,461
Dec 201502,81932.362.00$5,642

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           391 bbl  × $106.41 =    $41,606
Gas                3,006 Mcf  × $  3.05 =     $9,156

────────────────────────────────────────────────────
Month total                                  $50,762

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/287548 is the state's own key, not one this site invented.