ALEXANDER STATE UNIT 58-2-24

Operated by EQV OPERATING LLC (P-5 101634) 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 289102District 08Field 71052900Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$38.0 M
Nov 2019 – May 2026
Value, last 12 filed months
$2.1 M
at the published price for each month
Months reported
79
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
CondensateDisposition463,194 bbl$27,720,955
GasProduction2,887,182 Mcf$10,231,012
Total$37,951,966

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 31.8108, -104.0177. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.81081, -104.01773 · 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
9,466 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 9,466 ft.

Completions filed
Sep 2023
1 of 1 wells

1 well

42-389386444H9,466 ftSep 2023

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 20261,39913,321106.413.05$189,441
Apr 20261,60514,76098.932.87$201,140
Mar 20261,58714,69489.753.15$188,711
Feb 20261,24611,61863.503.75$122,692
Jan 20261,22911,51859.138.00$164,791
Dec 20251,85415,93456.664.41$175,370
Nov 20251,86714,17958.593.93$165,061
Oct 20251,62916,49459.383.30$151,240
Sep 20251,75317,20762.743.08$162,928
Aug 20251,99418,24163.933.01$182,469
Jul 20251,79919,20666.743.32$183,737
Jun 20251,95822,62066.483.13$200,939
May 20252,20522,32760.553.23$205,681
Apr 20252,00420,65162.363.54$198,138
Mar 20252,26722,69367.704.27$250,337
Feb 20252,21023,23070.884.34$257,483
Jan 20252,85528,03074.324.28$332,115
Dec 20242,84024,96668.993.12$273,860
Nov 20242,62523,14969.052.20$232,148
Oct 20243,58933,96371.372.28$333,630
Sep 20244,97840,89069.612.36$443,197
Aug 20242,93229,14975.632.06$281,900
Jul 20242,88526,39479.932.15$287,255
Jun 20242,69932,25978.082.63$295,707
May 20243,06830,89278.812.20$309,703
Apr 20243,60134,86484.451.66$361,951
Mar 20243,31537,18880.301.55$323,655
Feb 20243,50236,80076.091.78$332,105
Jan 20243,80132,78073.023.30$385,646
Dec 20234,68536,80071.262.61$429,928
Nov 20234,02229,14977.892.81$395,111
Oct 20230085.443.09$0
Sep 20231,1377,85289.042.74$122,714
Aug 20232,94025,18880.522.67$304,053
Jul 20232,99829,84574.852.64$303,245
Jun 20234,40429,52568.962.26$370,381
May 20234,35629,97070.622.23$374,376
Apr 20233,17423,97678.122.24$301,605
Mar 20234,50732,65772.852.39$406,488
Feb 20233,51327,33175.112.47$331,251
Jan 20233,99629,48276.533.39$405,691
Dec 20224,15129,06076.415.73$483,665
Nov 20224,06529,02685.005.65$509,412
Oct 20224,16531,82787.185.86$549,731
Sep 20224,44132,23984.888.16$640,141
Aug 20224,91539,92394.529.13$828,949
Jul 20225,23846,721101.587.54$884,450
Jun 20224,63948,439115.097.98$920,310
May 20226,40053,179109.378.43$1,148,429
Apr 20228,62051,459104.226.84$1,250,232
Mar 20228,28142,351108.885.08$1,116,626
Feb 20226,25039,34791.054.86$760,243
Jan 20226,04932,47081.844.54$642,389
Dec 20216,45343,76071.323.90$630,853
Nov 20215,78537,86877.435.24$646,242
Oct 20218,34254,79979.795.71$978,723
Sep 20218,19554,93569.865.35$866,455
Aug 20219,87460,91366.024.22$908,970
Jul 202110,97464,60270.783.98$1,033,990
Jun 202111,37064,34969.493.38$1,007,641
May 202111,55157,35563.483.02$906,336
Apr 202111,49956,08760.362.76$848,791
Mar 202113,03558,04161.302.72$956,739
Feb 202112,27155,46757.805.55$1,016,992
Jan 202114,29859,40250.412.81$887,698
Dec 202014,31361,37944.642.68$803,149
Nov 202012,64363,11038.772.71$660,981
Oct 20209,39048,76236.972.48$468,002
Sep 20201,0033,02437.091.99$43,222
Aug 202013,96760,90339.982.39$703,660
Jul 202018,33583,37338.371.83$855,680
Jun 202020,04290,78434.901.69$852,919
May 202015,53777,87916.921.81$404,217
Apr 202024,645120,20414.751.80$580,407
Mar 202031,430142,17130.341.86$1,217,488
Feb 2020018249.881.98$360
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         1,399 bbl  × $106.41 =   $148,868
Gas               13,321 Mcf  × $  3.05 =    $40,574

────────────────────────────────────────────────────
Month total                                 $189,441

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/289102 is the state's own key, not one this site invented.