HEAD HONCHO STATE

Operated by CONOCOPHILLIPS COMPANY (P-5 172232) in the FORD, WEST (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 288762District 08Field 31913800CondensateGasSave
Value, all time
$56.3 M
Jan 2019 – May 2026
Value, last 12 filed months
$3.1 M
at the published price for each month
Months reported
89
no gaps in the span
Streams
2
condensate, gas

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
CondensateDisposition684,533 bbl$44,333,412
GasProduction3,176,140 Mcf$11,953,121
Total$56,286,534

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 31.9980, -104.0081. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.99800, -104.00810 · 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
9,374 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 9,374 ft.

Completions filed
Oct 2019
1 of 1 wells

1 well

42-389370141H9,374 ftOct 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 (89)

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

89 months

May 20261,31221,361106.413.05$204,672
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 202623363.503.75$1,472
Jan 20263,51232,11959.138.00$464,550
Dec 20255,34132,47656.664.41$445,949
Nov 20253,12010,45958.593.93$223,867
Oct 20253,75427,60259.383.30$314,133
Sep 20254,99436,98362.743.08$427,117
Aug 20254,07233,91863.933.01$362,578
Jul 20255,54347,29366.743.32$526,726
Jun 20252,0294,98666.483.13$150,488
May 20255,0062,76660.553.23$312,054
Apr 20256,0013,52362.363.54$386,705
Mar 20253,6691,47967.704.27$254,704
Feb 20252,61213,35670.884.34$243,115
Jan 20254,09028,93974.324.28$427,790
Dec 20244,34726,01068.993.12$381,086
Nov 20245,04931,16969.052.20$417,157
Oct 20244,85228,29271.372.28$410,833
Sep 20244,85029,56769.612.36$407,516
Aug 20245,73545,70075.632.06$528,046
Jul 20244,60528,26779.932.15$428,755
Jun 20244,60727,47878.082.63$432,091
May 20245,74828,01978.812.20$514,598
Apr 20243,34816,16784.451.66$309,563
Mar 20245,50424,26280.301.55$479,459
Feb 20244,73329,92476.091.78$413,508
Jan 20245,73438,91273.023.30$547,015
Dec 20236,39036,86371.262.61$551,590
Nov 20236,51238,24977.892.81$614,606
Oct 20236,44135,17385.443.09$658,908
Sep 20235,95535,85289.042.74$628,290
Aug 20237,13035,80080.522.67$669,797
Jul 20236,09929,28174.852.64$533,865
Jun 20236,23530,34568.962.26$498,499
May 20236,90430,69670.622.23$555,933
Apr 20236,52930,27678.122.24$577,796
Mar 20235,82833,10872.852.39$503,803
Feb 20235,42726,91275.112.47$473,978
Jan 20235,35425,54476.533.39$496,278
Dec 20227,79937,88776.415.73$812,979
Nov 20228,55143,48785.005.65$972,371
Oct 20228,07342,08587.185.86$950,580
Sep 20227,52738,35584.888.16$952,010
Aug 20228,51849,23994.529.13$1,254,534
Jul 20228,10849,248101.587.54$1,195,043
Jun 20228,29551,342115.097.98$1,364,237
May 20228,85949,058109.378.43$1,382,617
Apr 20228,77247,346104.226.84$1,237,951
Mar 20229,47937,863108.885.08$1,224,281
Feb 20228,56439,44791.054.86$971,419
Jan 202213,17972,12181.844.54$1,405,831
Dec 202110,81487,96771.323.90$1,114,248
Nov 20219,91264,11577.435.24$1,103,247
Oct 202112,15162,52379.795.71$1,326,777
Sep 202112,51084,95069.865.35$1,328,509
Aug 202111,40692,48866.024.22$1,143,378
Jul 202110,07650,85970.783.98$915,704
Jun 202113,77267,91269.493.38$1,186,601
May 202118,65588,17063.483.02$1,450,287
Apr 202115,79363,41360.362.76$1,128,185
Mar 202115,67668,97861.302.72$1,148,348
Feb 202118,50073,42457.805.55$1,476,653
Jan 202133,438113,96950.412.81$2,005,893
Dec 202016,07550,23044.642.68$851,976
Nov 20208,09628,09138.772.71$389,912
Oct 202016,84754,76836.972.48$758,572
Sep 202022,59066,71037.091.99$970,685
Aug 202029,13693,89839.982.39$1,388,813
Jul 202016,54650,77538.371.83$727,540
Jun 20204034.901.69$140
May 20201,6605,18816.921.81$37,502
Apr 202019,60470,25314.751.80$415,922
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 202094057.252.09$5,382
Dec 201922,66283,66259.012.30$1,530,072
Nov 201943,506129,69855.302.75$2,762,642
Oct 201910,29227,49253.472.42$616,804
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$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         1,312 bbl  × $106.41 =   $139,610
Gas               21,361 Mcf  × $  3.05 =    $65,062

────────────────────────────────────────────────────
Month total                                 $204,672

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/288762 is the state's own key, not one this site invented.