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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 288538District 08Field 71052900Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$42.6 M
Oct 2019 – May 2026
Value, last 12 filed months
$1.5 M
at the published price for each month
Months reported
80
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
CondensateDisposition529,802 bbl$30,894,012
GasProduction3,403,757 Mcf$11,676,693
Total$42,570,705

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 31.5782, -103.7488. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.57815, -103.74883 · 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
10,939 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 10,939 ft.

Completions filed
Apr 2020
1 of 1 wells

1 well

42-389374716H10,939 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 (80)

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

80 months

May 20261,1839,555106.413.05$154,986
Apr 20265287,45498.932.87$73,626
Mar 20264909,83189.753.15$74,940
Feb 20265429,27563.503.75$69,201
Jan 20265599,83959.138.00$111,745
Dec 202564910,78256.664.41$84,357
Nov 202567611,48258.593.93$84,690
Oct 20253878,71059.383.30$51,765
Sep 20251,12920,93862.743.08$135,258
Aug 20251,13516,16263.933.01$121,285
Jul 20252,33930,60666.743.32$257,570
Jun 20252,44531,27966.483.13$260,407
May 20252,71034,10460.553.23$274,326
Apr 20252,66234,58762.363.54$288,548
Mar 20253,07934,03767.704.27$353,729
Feb 20252,63928,50570.884.34$310,788
Jan 20253,60033,84774.324.28$412,372
Dec 20242,98134,45468.993.12$313,203
Nov 20242,55435,11169.052.20$253,543
Oct 20243,02740,59371.372.28$308,646
Sep 20242,82434,46869.612.36$278,073
Aug 20242,75635,26375.632.06$281,206
Jul 20241,92914,04979.932.15$184,342
Jun 20249866278.082.63$9,396
May 202495110,99778.812.20$99,125
Apr 202476911,49784.451.66$84,018
Mar 202488512,85280.301.55$90,924
Feb 202491611,66976.091.78$90,512
Jan 202494612,16173.023.30$109,180
Dec 202396314,24771.262.61$105,818
Nov 202382012,57477.892.81$99,172
Oct 20231,00613,81585.443.09$128,603
Sep 20231,10214,50489.042.74$137,791
Aug 20231,23915,71880.522.67$141,777
Jul 20231,01614,66074.852.64$114,776
Jun 20231,08413,99368.962.26$106,356
May 20231,35113,20570.622.23$124,820
Apr 202370410,79778.122.24$79,158
Mar 202333213,80072.852.39$57,212
Feb 202345214,73375.112.47$70,277
Jan 202397618,72976.533.39$138,142
Dec 20223,81234,41076.415.73$488,413
Nov 20223,18828,64385.005.65$432,704
Oct 20224,73438,70387.185.86$639,655
Sep 20225,22743,26584.888.16$796,869
Aug 20225,34244,82794.529.13$914,069
Jul 20225,92251,456101.587.54$989,642
Jun 20226,16853,045115.097.98$1,133,026
May 20226,46256,366109.378.43$1,182,086
Apr 20226,58056,457104.226.84$1,071,798
Mar 20226,19451,521108.885.08$935,944
Feb 20224,08435,49391.054.86$544,303
Jan 20226,17748,05181.844.54$723,566
Dec 20217,88658,26571.323.90$789,612
Nov 20217,79959,97877.435.24$917,972
Oct 20218,40062,04579.795.71$1,024,753
Sep 20219,14559,74169.865.35$958,539
Aug 20219,57467,70366.024.22$917,822
Jul 20218,49457,70270.783.98$830,979
Jun 20217,29049,77169.493.38$674,839
May 20217,83645,44163.483.02$634,555
Apr 20215,54629,64660.362.76$416,533
Mar 20213,43016,51361.302.72$255,124
Feb 20212,59113,68957.805.55$225,706
Jan 20213,14915,13050.412.81$201,260
Dec 20207,70136,56544.642.68$441,601
Nov 20205,56526,66238.772.71$287,918
Oct 20209704,74536.972.48$47,621
Sep 20207,73044,40237.091.99$375,112
Aug 202014,52284,20639.982.39$781,429
Jul 202014,89587,55738.371.83$731,323
Jun 202015,61188,12134.901.69$693,776
May 202016,87390,10816.921.81$449,015
Apr 202017,45595,50114.751.80$429,781
Mar 202023,961129,26130.341.86$966,915
Feb 202025,245129,06249.881.98$1,514,850
Jan 202031,866159,31157.252.09$2,158,044
Dec 201939,155186,51759.012.30$2,740,339
Nov 201950,946204,15555.302.75$3,378,883
Oct 201953,844194,17953.472.42$3,348,668

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         1,183 bbl  × $106.41 =   $125,883
Gas                9,555 Mcf  × $  3.05 =    $29,103

────────────────────────────────────────────────────
Month total                                 $154,986

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/288538 is the state's own key, not one this site invented.