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MEADE

Operated by APACHE CORPORATION (P-5 27200) 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 287950District 08Field 71052900Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$21.1 M
Apr 2019 – May 2026
Value, last 12 filed months
$444 k
at the published price for each month
Months reported
86
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
CondensateDisposition272,342 bbl$16,257,547
GasProduction1,613,935 Mcf$4,824,593
Total$21,082,140

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 31.6793, -103.8722. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.67930, -103.87220 · 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
10,385 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 10,385 ft.

Completions filed
Apr 2019
1 of 1 wells

1 well

42-38937695411AH10,385 ftApr 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 20261987,878106.413.05$45,064
Apr 2026777,72898.932.87$29,795
Mar 2026998,29989.753.15$35,022
Feb 20261634,87963.503.75$28,648
Jan 20261244,33659.138.00$42,011
Dec 20251455,63256.664.41$33,072
Nov 20252005,29058.593.93$32,489
Oct 20251943,99759.383.30$24,729
Sep 20252618,70262.743.08$43,151
Aug 20253098,57163.933.01$45,594
Jul 20253137,34066.743.32$45,223
Jun 20253086,02866.483.13$39,336
May 20253685,93760.553.23$41,473
Apr 20251663,69362.363.54$23,437
Mar 202525311,46767.704.27$66,073
Feb 20253037,13070.884.34$52,427
Jan 20254262,13874.324.28$40,808
Dec 202494728,14768.993.12$153,191
Nov 20241,98723,06769.052.20$187,914
Oct 20242,09211,36571.372.28$175,234
Sep 20246,80730,90569.612.36$546,906
Aug 20242,28115,85175.632.06$205,223
Jul 20241,04111,23879.932.15$107,331
Jun 20241,18212,41278.082.63$124,984
May 20241,19212,11678.812.20$120,578
Apr 20241,16913,46384.451.66$121,060
Mar 20241,28915,13080.301.55$126,885
Feb 20241,33213,35676.091.78$125,174
Jan 20241,46514,56873.023.30$155,015
Dec 20231,60616,27071.262.61$156,920
Nov 20231,55816,99777.892.81$169,073
Oct 20231,91420,08785.443.09$225,546
Sep 20231,80018,97289.042.74$212,161
Aug 20231,95114,45180.522.67$195,720
Jul 20231,80617,44374.852.64$181,260
Jun 20231,84518,31568.962.26$168,595
May 20231,91019,03070.622.23$177,272
Apr 20231,98616,01078.122.24$190,973
Mar 20232,14717,59572.852.39$198,517
Feb 20232,20317,39075.112.47$208,346
Jan 20232,49814,91676.533.39$241,703
Dec 20222,36015,19976.415.73$267,404
Nov 20222,5343,52685.005.65$235,299
Oct 20222,45418,17287.185.86$320,496
Sep 20222,56319,29584.888.16$375,066
Aug 20222,28715,73894.529.13$359,810
Jul 20221,72811,606101.587.54$263,064
Jun 20221,56410,186115.097.98$261,257
May 20221,62010,063109.378.43$262,041
Apr 20221,5779,539104.226.84$229,579
Mar 20221,6059,134108.885.08$221,120
Feb 20227713,63991.054.86$87,881
Jan 20220081.844.54$0
Dec 202189071.323.90$6,347
Nov 20212,41213,59177.435.24$257,935
Oct 20212,83915,09879.795.71$312,792
Sep 20212,64612,79969.865.35$253,336
Aug 20212,66513,32766.024.22$232,191
Jul 20212,53812,62370.783.98$229,905
Jun 20212,39812,40169.493.38$208,560
May 20212,36110,94363.483.02$182,899
Apr 20212,0719,87360.362.76$152,239
Mar 20211,1615,70561.302.72$86,669
Feb 20219057.805.55$520
Jan 202133992150.412.81$19,677
Dec 20203,89523,13244.642.68$235,762
Nov 20203,78123,34738.772.71$209,780
Oct 20204,23526,03136.972.48$221,084
Sep 20204,19725,54437.091.99$206,526
Aug 20204,50827,19439.982.39$245,090
Jul 20204,45827,22738.371.83$220,746
Jun 20204,70427,05134.901.69$209,894
May 20205,19929,03816.921.81$140,664
Apr 20205,47930,02314.751.80$134,988
Mar 20206,24432,60930.341.86$249,973
Feb 20204,85925,04249.881.98$291,967
Jan 20207,02136,43057.252.09$478,264
Dec 20197,68537,27759.012.30$539,391
Nov 20198,02339,67455.302.75$552,803
Oct 20199,59243,74553.472.42$618,683
Sep 201910,99945,46855.052.66$726,316
Aug 201911,43451,48153.112.30$725,891
Jul 201912,97858,11156.272.46$873,229
Jun 201915,39866,24152.782.49$977,726
May 201921,61692,03158.482.74$1,516,298
Apr 201923,53195,72262.632.75$1,737,049

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           198 bbl  × $106.41 =    $21,069
Gas                7,878 Mcf  × $  3.05 =    $23,995

────────────────────────────────────────────────────
Month total                                  $45,064

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/287950 is the state's own key, not one this site invented.