COPPERHEAD 23

Operated by CRESCENT ENERGY OPERATING, LLC (P-5 103575) 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 289064District 08Field 71052900Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$11.2 M
May 2018 – May 2026
Value, last 12 filed months
$265 k
at the published price for each month
Months reported
97
no gaps in the span
Streams
2
condensate, gas

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
CondensateDisposition133,282 bbl$7,685,202
GasProduction1,022,778 Mcf$3,483,755
Total$11,168,957

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 31.3801, -103.6264. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.38005, -103.62641 · 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
10,621 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 10,621 ft.

Completions filed
Nov 2014
1 of 1 wells

1 well

42-389343831H10,621 ftNov 2014

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 (97)

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

97 months

May 20260866106.413.05$2,638
Apr 202636491798.932.87$38,642
Mar 20265462,21989.753.15$55,992
Feb 2026370063.503.75$23,495
Jan 2026381059.138.00$22,529
Dec 20255414,01956.664.41$48,390
Nov 20253792,59858.593.93$32,407
Oct 20253113,82559.383.30$31,108
Sep 202502,42962.743.08$7,474
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 202540066.483.13$2,659
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20251732,40770.884.34$22,711
Jan 202501,20274.324.28$5,143
Dec 202401,85068.993.12$5,775
Nov 20244644,94569.052.20$42,910
Oct 20241854,97271.372.28$24,547
Sep 20242844,24569.612.36$29,806
Aug 20244684,40475.632.06$44,483
Jul 20242764,95279.932.15$32,691
Jun 20245775,55378.082.63$59,679
May 20244955,47578.812.20$51,047
Apr 20244003,52284.451.66$39,624
Mar 20243426,34680.301.55$37,268
Feb 20244103,56276.091.78$37,550
Jan 20242134,27373.023.30$29,644
Dec 20232617,13571.262.61$37,226
Nov 20233148,45377.892.81$48,190
Oct 20235929,91085.443.09$81,175
Sep 20236778,95989.042.74$84,783
Aug 202383310,59780.522.67$95,398
Jul 20239129,89574.852.64$94,404
Jun 20237559,03568.962.26$72,470
May 20233657,93070.622.23$43,440
Apr 20233039,47678.122.24$44,875
Mar 20231281,34772.852.39$12,548
Feb 20233786,42175.112.47$44,224
Jan 20234397,44776.533.39$58,825
Dec 20224127,76776.415.73$75,979
Nov 20224186,07785.005.65$69,842
Oct 20226834,33787.185.86$84,975
Sep 20225095,70184.888.16$89,745
Aug 20228537,03794.529.13$144,853
Jul 20227118,136101.587.54$133,586
Jun 20227037,771115.097.98$142,899
May 20228538,312109.378.43$163,388
Apr 20227379,702104.226.84$143,149
Mar 20221,02211,936108.885.08$171,867
Feb 202267511,65591.054.86$118,089
Jan 202294213,04381.844.54$136,278
Dec 202139111,26071.323.90$71,790
Nov 20217096,03777.435.24$86,513
Oct 20216006,32079.795.71$83,986
Sep 20216935,42669.865.35$77,447
Aug 202182234,97166.024.22$201,867
Jul 20211,11234,98970.783.98$218,036
Jun 20211,86134,03069.493.38$244,363
May 20211,41936,62063.483.02$200,585
Apr 20211,45735,66960.362.76$186,335
Mar 20211,17137,58361.302.72$173,893
Feb 20211,34325,55257.805.55$219,387
Jan 20211,8821,26750.412.81$98,432
Dec 20201,93527,30144.642.68$159,421
Nov 20201,67925,17838.772.71$133,241
Oct 20201,85726,35636.972.48$133,975
Sep 20201,90126,72137.091.99$123,711
Aug 20201,2017,49139.982.39$65,883
Jul 20202,1899,81838.371.83$101,911
Jun 20202,0776,89534.901.69$84,142
May 20202,1395,13516.921.81$45,511
Apr 20202,7345,42814.751.80$50,121
Mar 20202,4686,09730.341.86$86,197
Feb 20202,8616,14049.881.98$154,868
Jan 20203,2855,14457.252.09$198,842
Dec 20193,42010,65459.012.30$226,365
Nov 20192,7109,88255.302.75$177,045
Oct 20191,4738,11753.472.42$98,393
Sep 20197526,39955.052.66$58,402
Aug 20193,6288,31553.112.30$211,844
Jul 20194,2683,69056.272.46$249,238
Jun 20195,49812,76952.782.49$321,995
May 20199,7159,38858.482.74$593,859
Apr 20193812,02862.632.75$29,440
Mar 201983915,12156.803.06$93,957
Feb 20191,56714,71350.852.79$120,764
Jan 201915023,30646.033.23$82,140
Dec 201811626,02446.594.19$114,326
Nov 201823,54524,49652.934.24$1,350,032
Oct 20182,20750,24061.443.40$306,318
Sep 20182,20626,33459.543.11$213,191
Aug 20182,63427,63159.403.07$241,192
Jul 20182,81918,03865.142.93$236,515
Jun 20181,18410,45460.183.08$103,419
May 20182,69015,09165.382.90$219,648

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             0 bbl  × $106.41 =         $0
Gas                  866 Mcf  × $  3.05 =     $2,638

────────────────────────────────────────────────────
Month total                                   $2,638

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/289064 is the state's own key, not one this site invented.