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STATE CORREA UNIT

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 288416District 08Field 71052900Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$32.6 M
Sep 2019 – May 2026
Value, last 12 filed months
$1.3 M
at the published price for each month
Months reported
81
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
CondensateDisposition448,407 bbl$24,551,207
GasProduction2,526,437 Mcf$8,096,411
Total$32,647,618

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 31.5780, -103.7429. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.57800, -103.74292 · 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
10,654 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 10,654 ft.

Completions filed
Sep 2019
1 of 1 wells

1 well

42-389374672H10,654 ftSep 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 (81)

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

81 months

May 20268776,037106.413.05$111,709
Apr 20269605,62398.932.87$111,109
Mar 20261,8327,15589.753.15$186,956
Feb 20269266,70963.503.75$83,962
Jan 20261,0238,02259.138.00$124,649
Dec 20251,0317,91256.664.41$93,335
Nov 20251,0768,28158.593.93$95,558
Oct 20251,0109,04859.383.30$89,876
Sep 20257368,94262.743.08$73,690
Aug 20256054,05363.933.01$50,896
Jul 20251,46110,84166.743.32$133,447
Jun 20251,19510,99566.483.13$113,844
May 20251,50012,55460.553.23$131,404
Apr 20251,56713,03062.363.54$143,885
Mar 20251,87113,79267.704.27$185,535
Feb 20251,74412,79170.884.34$179,138
Jan 20251,71414,03574.324.28$187,436
Dec 20242,11217,14268.993.12$199,213
Nov 20242,16617,27169.052.20$187,532
Oct 20241,95318,85071.372.28$182,390
Sep 20242,26918,35969.612.36$201,352
Aug 20241,58319,80075.632.06$160,582
Jul 20242,48320,53279.932.15$242,540
Jun 20243,15322,57578.082.63$305,648
May 20243,23019,12978.812.20$296,610
Apr 20241,61511,14084.451.66$154,870
Mar 20241,62212,63680.301.55$149,771
Feb 20242,55314,64576.091.78$220,379
Jan 20242,11715,62173.023.30$206,096
Dec 20232,56317,02771.262.61$227,092
Nov 20232,03414,62677.892.81$199,492
Oct 20232,83118,03585.443.09$297,560
Sep 20233,01719,13089.042.74$320,955
Aug 20233,04420,15580.522.67$298,975
Jul 20232,89821,45874.852.64$273,603
Jun 20232,91420,36368.962.26$246,939
May 20232,67420,99570.622.23$235,602
Apr 202367815,00578.122.24$86,543
Mar 202391817,25872.852.39$108,177
Feb 202341517,22475.112.47$73,640
Jan 202385823,45976.533.39$145,135
Dec 20221,41522,52376.415.73$237,156
Nov 20221,28613,95085.005.65$188,074
Oct 202250026,08187.185.86$196,523
Sep 202230026,11084.888.16$238,618
Aug 202234327,20894.529.13$280,752
Jul 20221,10232,751101.587.54$358,952
Jun 20221,18934,259115.097.98$410,133
May 20221,71531,504109.378.43$453,244
Apr 20222,31829,730104.226.84$444,864
Mar 20222,52625,648108.885.08$405,230
Feb 20221,88219,01791.054.86$263,757
Jan 20223,17131,55781.844.54$402,710
Dec 20214,43635,33071.323.90$454,131
Nov 20213,36024,91077.435.24$390,615
Oct 20215,10538,53479.795.71$627,506
Sep 20215,75533,89569.865.35$583,414
Aug 20213,65824,33566.024.22$344,209
Jul 20215,37231,73170.783.98$506,586
Jun 20214,19622,41069.493.38$367,340
May 20214,53223,91863.483.02$359,868
Apr 20214,24923,66760.362.76$321,753
Mar 20213,86220,96661.302.72$293,704
Feb 20213,58321,77557.805.55$327,904
Jan 20215,34731,54950.412.81$358,203
Dec 20206,70836,62844.642.68$397,442
Nov 20208,86444,37538.772.71$463,761
Oct 202010,62053,36736.972.48$524,888
Sep 202010,70255,54637.091.99$507,531
Aug 202012,08661,93939.982.39$630,929
Jul 202012,09959,92938.371.83$573,616
Jun 202013,00061,82134.901.69$558,197
May 202014,45365,51016.921.81$363,429
Apr 202015,03368,22114.751.80$344,833
Mar 202019,87090,99730.341.86$771,767
Feb 202020,36886,29949.881.98$1,186,886
Jan 202025,657105,45857.252.09$1,689,770
Dec 201932,081129,31559.012.30$2,191,088
Nov 201943,817158,00155.302.75$2,857,693
Oct 201956,805194,22953.472.42$3,507,114
Sep 20192,2149,18955.052.66$146,298

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           877 bbl  × $106.41 =    $93,322
Gas                6,037 Mcf  × $  3.05 =    $18,388

────────────────────────────────────────────────────
Month total                                 $111,709

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/288416 is the state's own key, not one this site invented.