FALCON STATE UNIT

Operated by APACHE CORPORATION (P-5 27200) 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 289298District 08Field 71052900Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$21.0 M
Sep 2015 – May 2026
Value, last 12 filed months
$1.1 M
at the published price for each month
Months reported
129
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
CondensateDisposition353,225 bbl$18,001,215
GasProduction1,044,422 Mcf$3,002,763
Total$21,003,978

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 31.7430, -103.6406. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.74295, -103.64065 · 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
10,881 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 10,881 ft.

Completions filed
Sep 2015
1 of 1 wells

1 well

42-30132534P233H10,881 ftSep 2015

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 (129)

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

129 months

May 20261,42414,925106.413.05$196,987
Apr 20261,3953,55098.932.87$148,195
Mar 20261,2342,65689.753.15$119,116
Feb 20261,0732,25263.503.75$76,581
Jan 20261,2563,11859.138.00$99,205
Dec 20251,4683,26356.664.41$97,578
Nov 20251,0693,31958.593.93$75,665
Oct 20251,2001,85159.383.30$77,373
Sep 20251,0053,04262.743.08$72,414
Aug 20254661,75863.933.01$35,091
Jul 202549836666.743.32$34,450
Jun 20256381,12966.483.13$45,947
May 202571577560.553.23$45,798
Apr 202586669462.363.54$56,463
Mar 202581371267.704.27$58,079
Feb 202564264570.884.34$48,305
Jan 202585675774.324.28$66,857
Dec 202481888268.993.12$59,187
Nov 202488584969.052.20$62,976
Oct 202494992171.372.28$69,831
Sep 202492892669.612.36$66,787
Aug 202497891375.632.06$75,850
Jul 20249241,56479.932.15$77,213
Jun 202480273078.082.63$64,543
May 20241,01871378.812.20$81,796
Apr 202491467784.451.66$78,311
Mar 202494269980.301.55$76,723
Feb 202487861676.091.78$67,906
Jan 20247711,11273.023.30$59,965
Dec 20231,0822,52571.262.61$83,695
Nov 20231,1911,79877.892.81$97,815
Oct 20231,2483,06685.443.09$116,095
Sep 20231,4302,74289.042.74$134,827
Aug 20231,4033,07780.522.67$121,194
Jul 20231,2701,59274.852.64$99,265
Jun 20231,2224,29068.962.26$93,958
May 20231,28558270.622.23$92,043
Apr 20231,0991,86578.122.24$90,027
Mar 20231,0331,53472.852.39$78,925
Feb 202377851875.112.47$59,713
Jan 20238611,37476.533.39$70,547
Dec 20228851,57076.415.73$76,618
Nov 202279888385.005.65$72,816
Oct 20221,16376187.185.86$105,853
Sep 20221,2421,23784.888.16$115,519
Aug 20221,2362,86994.529.13$143,013
Jul 20221,0455,040101.587.54$144,163
Jun 20221,2374,381115.097.98$177,314
May 20221,4185,142109.378.43$198,449
Apr 20222,0804,925104.226.84$250,453
Mar 20221,6711,886108.885.08$191,513
Feb 20221,2912,36591.054.86$129,037
Jan 20221,4682,21681.844.54$130,197
Dec 20211,5392,15571.323.90$118,164
Nov 20211,5132,42677.435.24$129,856
Oct 20211,7163,78879.795.71$158,564
Sep 20211,3172,59269.865.35$105,875
Aug 20211,5695,43866.024.22$126,537
Jul 20211,6644,20070.783.98$134,503
Jun 20211,4572,94169.493.38$111,189
May 20211,6943,83863.483.02$119,117
Apr 20211,7134,29260.362.76$115,236
Mar 20211,8164,59961.302.72$123,816
Feb 20211,2812,52757.805.55$88,061
Jan 20211,9264,08650.412.81$108,572
Dec 20201,8224,39144.642.68$93,082
Nov 20201,8074,55638.772.71$82,389
Oct 20201,8234,06236.972.48$77,464
Sep 20201,8834,57737.091.99$78,953
Aug 20201,9415,96039.982.39$91,816
Jul 20201,9167,66338.371.83$87,503
Jun 20201,9567,33034.901.69$80,654
May 20202,0478,51816.921.81$50,093
Apr 20202,0655,10114.751.80$39,663
Mar 20202,1324,83430.341.86$73,658
Feb 20202,0767,32249.881.98$118,053
Jan 20202,0886,48657.252.09$133,124
Dec 20192,1284,87259.012.30$136,800
Nov 20192,1656,13455.302.75$136,597
Oct 20192,1426,57553.472.42$130,435
Sep 20192,0617,22055.052.66$132,644
Aug 20192,1605,77953.112.30$128,035
Jul 20192,2917,20856.272.46$146,647
Jun 20192,5615,53452.782.49$148,956
May 20192,5966,65658.482.74$170,054
Apr 20192,6187,19862.632.75$183,765
Mar 20192,6556,79256.803.06$171,602
Feb 20192,4918,77450.852.79$151,166
Jan 20192,7408,50046.033.23$153,562
Dec 20182,8249,48846.594.19$171,282
Nov 20182,8137,92652.934.24$182,476
Oct 20182,7739,78661.443.40$203,627
Sep 20182,6199,84759.543.11$186,540
Aug 20182,6259,88259.403.07$186,229
Jul 20182,66210,48265.142.93$204,135
Jun 20183,14411,37360.183.08$224,200
May 20182,4658,62865.382.90$186,190
Apr 20182,1068,87063.842.90$160,177
Mar 20182,26014,96961.222.79$180,073
Feb 20183,25711,65061.782.77$233,443
Jan 20183,53513,58362.874.01$276,704
Dec 20173,82314,31157.272.92$260,753
Nov 20173,58715,53855.423.12$247,245
Oct 20174,05615,69349.292.98$246,743
Sep 20173,63614,58747.523.09$217,817
Aug 20173,92115,03645.373.00$223,070
Jul 20174,20315,92243.873.09$233,541
Jun 20174,09315,35142.493.09$221,304
May 20174,61416,57945.373.26$263,441
Apr 20174,95418,43247.933.21$296,641
Mar 20175,43614,03546.772.98$296,118
Feb 20175,07415,36150.452.95$301,338
Jan 20175,68614,83649.413.42$331,667
Dec 20165,82114,43548.763.72$337,571
Nov 20165,22616,21342.492.64$264,926
Oct 20163,8756,41846.193.09$198,820
Sep 20163,0584,98941.553.10$142,529
Aug 20164,19816,04541.442.92$220,886
Jul 20168,39029,61441.622.92$435,793
Jun 20168,87130,46745.352.69$484,129
May 20169,91034,21142.521.99$489,489
Apr 201610,39135,55836.561.99$450,692
Mar 201612,29232,89733.011.79$464,776
Feb 201612,70836,77126.472.06$412,263
Jan 201615,20141,25827.352.36$513,296
Dec 201514,23443,92132.362.00$548,516
Nov 201512,33039,19738.792.17$563,234
Oct 201512,29841,65743.552.43$636,662
Sep 2015263042.992.76$1,200

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         1,424 bbl  × $106.41 =   $151,528
Gas               14,925 Mcf  × $  3.05 =    $45,459

────────────────────────────────────────────────────
Month total                                 $196,987

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/289298 is the state's own key, not one this site invented.