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EXPEDITION STATE UNIT 71-67

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 288295District 08Field 71052900Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$31.6 M
Mar 2019 – May 2026
Value, last 12 filed months
$3.1 M
at the published price for each month
Months reported
87
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
CondensateDisposition337,503 bbl$21,551,838
GasProduction3,015,030 Mcf$10,046,134
Total$31,597,972

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 31.6372, -103.7258. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.63723, -103.72585 · 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
11,295 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 11,295 ft.

Completions filed
May 2019
1 of 1 wells

1 well

42-389377744H11,295 ftMay 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 (87)

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

87 months

May 20261,91016,804106.413.05$254,425
Apr 20261,91516,32798.932.87$236,305
Mar 20261,92618,84189.753.15$232,197
Feb 20262,33020,72963.503.75$225,695
Jan 20262,02620,30659.138.00$282,203
Dec 20252,32120,69556.664.41$222,842
Nov 20253,15826,40558.593.93$288,705
Oct 20252,59020,52159.383.30$221,613
Sep 20252,65321,30862.743.08$232,012
Aug 20253,64931,59463.933.01$328,529
Jul 20253,04428,19566.743.32$296,629
Jun 20253,40229,72766.483.13$319,172
May 20252,82226,17160.553.23$255,465
Apr 20253,04227,60562.363.54$287,507
Mar 20253,69033,25367.704.27$391,747
Feb 20253,78434,25070.884.34$416,884
Jan 20253,30124,22774.324.28$348,990
Dec 20242,98027,95168.993.12$292,836
Nov 20243,13929,41469.052.20$281,413
Oct 20243,21630,05171.372.28$298,084
Sep 20242,63026,15569.612.36$244,914
Aug 20243,03528,89975.632.06$289,174
Jul 20243,14928,39479.932.15$312,650
Jun 20243,11628,48078.082.63$318,313
May 20243,02528,77678.812.20$301,663
Apr 20243,32932,88384.451.66$335,694
Mar 20243,49334,70680.301.55$334,113
Feb 20242,81927,72076.091.78$263,940
Jan 20243,21629,46273.023.30$331,988
Dec 20233,32230,95571.262.61$317,541
Nov 20233,04427,48477.892.81$314,260
Oct 20233,33230,00585.443.09$377,320
Sep 20233,12132,22089.042.74$366,017
Aug 20233,38035,07980.522.67$365,920
Jul 20233,25833,17774.852.64$331,508
Jun 20233,51433,42868.962.26$317,822
May 20233,32131,70170.622.23$305,140
Apr 20233,27931,59078.122.24$326,846
Mar 20233,41729,82772.852.39$320,309
Feb 20233,08126,71775.112.47$297,289
Jan 20233,38130,50976.533.39$362,104
Dec 20223,17226,33976.415.73$393,271
Nov 20222,89223,86885.005.65$380,584
Oct 20223,38027,65087.185.86$456,801
Sep 20223,05322,01484.888.16$438,854
Aug 20222,18527,22994.529.13$455,050
Jul 20223,47523,759101.587.54$532,183
Jun 20223,21429,134115.097.98$602,307
May 20223,92042,451109.378.43$786,721
Apr 20223,44636,697104.226.84$610,062
Mar 20224,02242,039108.885.08$651,322
Feb 20223,02432,83391.054.86$434,865
Jan 20223,97937,17481.844.54$494,325
Dec 20214,40338,56771.323.90$464,399
Nov 20214,09642,73277.435.24$540,934
Oct 20214,29543,66479.795.71$592,188
Sep 20213,87842,00969.865.35$495,704
Aug 20214,10543,53066.024.22$454,734
Jul 20214,59041,87570.783.98$491,630
Jun 20214,41440,26569.493.38$442,850
May 20214,43543,87563.483.02$413,934
Apr 20214,69545,38360.362.76$408,576
Mar 20215,13849,23061.302.72$448,714
Feb 20213,60634,67057.805.55$400,774
Jan 20214,10042,47950.412.81$326,058
Dec 20205,46751,75044.642.68$382,502
Nov 20205,62550,10838.772.71$353,702
Oct 20205,31246,44236.972.48$311,488
Sep 20205,54646,93037.091.99$299,141
Aug 20206,17853,30739.982.39$374,139
Jul 20206,52855,42338.371.83$351,633
Jun 20207,04560,93034.901.69$348,861
May 20208,24679,84416.921.81$284,419
Apr 20207,99371,64414.751.80$247,170
Mar 20206,34253,46830.341.86$291,665
Feb 20203,45433,17349.881.98$237,990
Jan 20207,15153,54057.252.09$521,547
Dec 20197,96954,61859.012.30$596,110
Nov 20198,78463,41555.302.75$660,191
Oct 20199,73967,82453.472.42$684,779
Sep 201910,89274,21655.052.66$796,817
Aug 20192,84127,96753.112.30$215,332
Jul 201917719556.272.46$10,440
Jun 20196,53747,20252.782.49$462,612
May 201901,02758.482.74$2,814
Apr 20190062.632.75$0
Mar 20190056.803.06$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         1,910 bbl  × $106.41 =   $203,243
Gas               16,804 Mcf  × $  3.05 =    $51,182

────────────────────────────────────────────────────
Month total                                 $254,425

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/288295 is the state's own key, not one this site invented.