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LOVELACE STATE UNIT A912

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 288297District 08Field 71052900Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$22.5 M
Nov 2019 – May 2026
Value, last 12 filed months
$1.8 M
at the published price for each month
Months reported
79
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
CondensateDisposition264,563 bbl$15,716,278
GasProduction2,013,210 Mcf$6,734,657
Total$22,450,935

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 31.5276, -103.5726. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.52756, -103.57261 · 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
10,440 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 10,440 ft.

Completions filed
Apr 2020
1 of 1 wells

1 well

42-3893845731H10,440 ftApr 2020——

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 (79)

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

79 months

May 20261,21313,599106.413.05$170,496
Apr 20261,8232,40798.932.87$187,257
Mar 20261,290189.753.15$115,781
Feb 20261,40910,98763.503.75$130,676
Jan 20261,34317,98359.138.00$223,238
Dec 20251,38323,01956.664.41$179,952
Nov 20251,08019,04958.593.93$138,072
Oct 20251,5987,47859.383.30$119,603
Sep 20251,59011,64662.743.08$135,590
Aug 20251,37011,60463.933.01$122,567
Jul 20251,4128,03566.743.32$120,875
Jun 20251,4717,94966.483.13$122,662
May 20251,7946,35460.553.23$129,165
Apr 20251,8737,48162.363.54$143,306
Mar 20251,3988,97467.704.27$132,949
Feb 20251,54512,25070.884.34$162,685
Jan 20251,83714,05974.324.28$196,680
Dec 20241,91614,40268.993.12$177,139
Nov 20241,84914,44269.052.20$159,423
Oct 20241,99715,58771.372.28$178,086
Sep 20242,03714,97669.612.36$177,204
Aug 20242,07716,26075.632.06$190,638
Jul 20242,03716,77279.932.15$198,820
Jun 20242,00416,83678.082.63$200,818
May 20242,12617,88578.812.20$206,869
Apr 20242,07217,61984.451.66$204,214
Mar 20242,24919,13880.301.55$210,165
Feb 20242,16019,90876.091.78$199,863
Jan 20242,33918,51673.023.30$231,853
Dec 20232,10017,89871.262.61$196,373
Nov 20232,06416,75077.892.81$207,792
Oct 20232,25018,93085.443.09$250,682
Sep 20232,16018,96489.042.74$244,194
Aug 20231,51113,97680.522.67$159,022
Jul 20232,33619,83474.852.64$227,247
Jun 20232,35119,99668.962.26$207,286
May 20232,56421,03570.622.23$227,923
Apr 20232,56620,36678.122.24$246,030
Mar 20232,89423,40772.852.39$266,845
Feb 20232,49220,51475.112.47$237,755
Jan 20233,00723,67976.533.39$310,344
Dec 20222,80322,54676.415.73$343,345
Nov 20222,56321,76285.005.65$340,728
Oct 20222,93022,91587.185.86$389,805
Sep 20222,77722,18284.888.16$416,799
Aug 20223,00524,96094.529.13$511,847
Jul 20222,91022,655101.587.54$466,464
Jun 20222,93023,284115.097.98$522,955
May 20223,07823,886109.378.43$538,072
Apr 20223,30324,729104.226.84$513,326
Mar 20223,08924,828108.885.08$462,367
Feb 20223,31623,49991.054.86$416,100
Jan 20223,62227,44681.844.54$420,966
Dec 20213,67027,74871.323.90$369,937
Nov 20213,53528,19277.435.24$421,352
Oct 20213,84630,09879.795.71$478,848
Sep 20213,99431,04269.865.35$445,124
Aug 20214,47934,55066.024.22$441,525
Jul 20214,87637,05670.783.98$492,683
Jun 20214,93837,58069.493.38$470,185
May 20215,37340,81263.483.02$464,235
Apr 20215,61643,51660.362.76$459,017
Mar 20214,59834,47461.302.72$375,521
Feb 20213,13522,17257.805.55$304,212
Jan 20215,55841,64350.412.81$397,207
Dec 20206,13745,44544.642.68$395,542
Nov 20206,58748,14538.772.71$385,686
Oct 20207,46555,79936.972.48$414,275
Sep 20208,24661,39837.091.99$428,090
Aug 20209,39569,94639.982.39$542,440
Jul 202011,16382,78938.371.83$579,424
Jun 202012,82795,24734.901.69$608,659
May 202016,639123,06716.921.81$504,868
Apr 202016,906116,12514.751.80$458,897
Mar 20206671,10930.341.86$22,295
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$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         1,213 bbl  × $106.41 =   $129,075
Gas               13,599 Mcf  × $  3.05 =    $41,420

────────────────────────────────────────────────────
Month total                                 $170,496

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/288297 is the state's own key, not one this site invented.