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ALEXANDER STATE UNIT 58-2-24

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 287682District 08Field 71052900CondensateGasSave
Value, all time
$51.4 M
Feb 2019 – May 2026
Value, last 12 filed months
$499 k
at the published price for each month
Months reported
88
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
CondensateDisposition650,524 bbl$40,007,885
GasProduction3,409,322 Mcf$11,359,366
Total$51,367,250

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 31.8109, -104.0135. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.81087, -104.01353 · 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
9,593 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 9,593 ft.

Completions filed
Sep 2023
1 of 1 wells

1 well

42-389376712H9,593 ftSep 2023——

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 (88)

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

88 months

May 20266613,494106.413.05$80,979
Apr 20264292,75998.932.87$50,359
Mar 20264101,62589.753.15$41,915
Feb 20264492,65863.503.75$38,480
Jan 20263531,55259.138.00$33,286
Dec 20255552,34856.664.41$41,809
Nov 20254933,84958.593.93$43,998
Oct 20255494,24759.383.30$46,635
Sep 20253013,28662.743.08$28,996
Aug 202516225563.933.01$11,125
Jul 20254451,29266.743.32$33,983
Jun 20256491,38966.483.13$47,491
May 20258452,27260.553.23$58,509
Apr 20255211,32162.363.54$37,170
Mar 20251,5323,17167.704.27$117,251
Feb 20251,7026,49870.884.34$148,845
Jan 20252,1797,94074.324.28$195,916
Dec 20242,57710,79068.993.12$211,467
Nov 20244,34817,35669.052.20$338,386
Oct 20249,02629,16371.372.28$710,718
Sep 202415,43758,10469.612.36$1,211,948
Aug 20241,49711,70775.632.06$137,377
Jul 20242,61925,82079.932.15$264,762
Jun 20242,65931,49078.082.63$290,559
May 20242,50619,55778.812.20$240,493
Apr 20242,59719,15184.451.66$251,092
Mar 20243,64235,55080.301.55$347,382
Feb 20243,72330,03876.091.78$336,860
Jan 20244,04527,44473.023.30$385,867
Dec 20234,14030,03871.262.61$373,437
Nov 20234,57428,80277.892.81$437,132
Oct 20238505,62985.443.09$90,002
Sep 20231,70917,53489.042.74$200,126
Aug 20233,90625,18180.522.67$381,817
Jul 20234,34126,55874.852.64$395,085
Jun 20234,41635,56868.962.26$384,857
May 20234,44834,64670.622.23$391,288
Apr 20235,22040,79078.122.24$499,065
Mar 20235,78037,76772.852.39$511,455
Feb 20235,16832,63675.112.47$468,638
Jan 20236,21543,36576.533.39$622,542
Dec 20224,74835,20476.415.73$564,481
Nov 20225,27835,89885.005.65$651,317
Oct 20225,78836,70687.185.86$719,833
Sep 20225,42636,28484.888.16$756,770
Aug 20226,19039,83494.529.13$948,650
Jul 20227,00846,624101.587.54$1,063,515
Jun 20227,57749,885115.097.98$1,269,980
May 20227,85552,994109.378.43$1,306,002
Apr 20228,36152,789104.226.84$1,232,333
Mar 20229,67663,315108.885.08$1,374,935
Feb 20227,03236,22991.054.86$816,295
Jan 20229,04837,90681.844.54$912,494
Dec 20216,34329,16871.323.90$566,112
Nov 20216,84338,00977.435.24$728,901
Oct 20218,21946,48979.795.71$921,426
Sep 202110,52760,82669.865.35$1,060,891
Aug 202111,38267,92966.024.22$1,038,140
Jul 202112,02865,74670.783.98$1,113,148
Jun 202112,58061,79969.493.38$1,083,103
May 202114,80273,23263.483.02$1,160,621
Apr 202114,08772,28760.362.76$1,049,689
Mar 20218,79739,96761.302.72$647,844
Feb 20217,05829,18357.805.55$569,858
Jan 202114,40057,37250.412.81$887,135
Dec 202013,58152,87044.642.68$747,707
Nov 202012,58354,83738.772.71$636,263
Oct 202014,37960,77336.972.48$682,213
Sep 20201,4246,20337.091.99$65,167
Aug 20208,63233,81939.982.39$425,769
Jul 202016,46967,08338.371.83$754,350
Jun 202016,10164,48234.901.69$670,919
May 202017,35179,35616.921.81$437,590
Apr 202014,189141,23014.751.80$464,120
Mar 202012,11559,62830.341.86$478,252
Feb 20204,64325,67449.881.98$282,445
Jan 2020045,77957.252.09$95,895
Dec 201923,82899,78859.012.30$1,636,038
Nov 201923,924103,38855.302.75$1,607,387
Oct 201927,074118,24053.472.42$1,733,615
Sep 201920,08296,08655.052.66$1,360,842
Aug 201924,459108,66253.112.30$1,549,414
Jul 201921,67394,15856.272.46$1,451,174
Jun 201921,76079,52352.782.49$1,346,601
May 201927,526127,21158.482.74$1,958,319
Apr 2019021762.632.75$597
Mar 20190056.803.06$0
Feb 20190050.852.79$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           661 bbl  × $106.41 =    $70,337
Gas                3,494 Mcf  × $  3.05 =    $10,642

────────────────────────────────────────────────────
Month total                                  $80,979

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/287682 is the state's own key, not one this site invented.