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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 289305District 08Field 71052900Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$19.4 M
Sep 2015 – May 2026
Value, last 12 filed months
$308 k
at the published price for each month
Months reported
129
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
CondensateDisposition286,526 bbl$13,833,201
GasProduction1,807,573 Mcf$5,539,473
Total$19,372,674

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 31.7467, -103.6521. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.74674, -103.65208 · 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
10,884 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 10,884 ft.

Completions filed
Sep 2015
1 of 1 wells

1 well

42-30132598223H10,884 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 2026230774106.413.05$26,832
Apr 20262191,95398.932.87$27,270
Mar 2026522,72589.753.15$13,249
Feb 20269872563.503.75$8,942
Jan 2026782,65059.138.00$25,807
Dec 2025276,29056.664.41$29,290
Nov 2025685,01158.593.93$23,660
Oct 20253042,69659.383.30$26,961
Sep 202552670662.743.08$35,174
Aug 20253971,25063.933.01$29,149
Jul 202526463266.743.32$19,715
Jun 20255881,00266.483.13$42,225
May 202549564360.553.23$32,051
Apr 202557356862.363.54$37,745
Mar 202579763567.704.27$56,667
Feb 202562497970.884.34$48,479
Jan 20253632,40874.324.28$37,281
Dec 202451483168.993.12$38,055
Nov 202443478669.052.20$31,696
Oct 202448412,93071.372.28$64,042
Sep 202456612,35269.612.36$68,604
Aug 202457413,83875.632.06$71,968
Jul 202444512,73079.932.15$62,895
Jun 20245928,59078.082.63$68,849
May 202454112,82878.812.20$70,838
Apr 202468213,65384.451.66$80,248
Mar 202485614,46480.301.55$91,086
Feb 202467612,18076.091.78$73,162
Jan 20246568,17573.023.30$74,859
Dec 202373514,37671.262.61$89,908
Nov 202372114,85977.892.81$97,876
Oct 202371415,84885.443.09$109,931
Sep 202375317,17389.042.74$114,016
Aug 202371513,85780.522.67$94,610
Jul 202393410,88074.852.64$98,653
Jun 202390114,06368.962.26$93,894
May 202383114,71170.622.23$91,453
Apr 202383611,37878.122.24$90,770
Mar 202395212,74372.852.39$99,849
Feb 20237959,14775.112.47$82,266
Jan 202391214,92676.533.39$120,360
Dec 202269613,81176.415.73$132,306
Nov 20228428,65785.005.65$120,449
Oct 202292015,30387.185.86$169,939
Sep 202294917,25084.888.16$221,375
Aug 202282814,27494.529.13$208,544
Jul 20221,16916,735101.587.54$244,964
Jun 20221,08614,175115.097.98$238,065
May 202268212,595109.378.43$180,804
Apr 202282615,085104.226.84$189,231
Mar 202295114,680108.885.08$178,066
Feb 202286910,29991.054.86$129,164
Jan 202296211,68381.844.54$131,744
Dec 202198810,83671.323.90$112,715
Nov 202181111,26377.435.24$121,778
Oct 20218239,86379.795.71$122,023
Sep 202179410,86869.865.35$113,623
Aug 20219539,52566.024.22$103,118
Jul 20211,05010,92170.783.98$117,807
Jun 202199812,30269.493.38$110,939
May 20211,12214,37863.483.02$114,613
Apr 20211,18614,41460.362.76$111,347
Mar 20211,37913,98961.302.72$122,540
Feb 20217378,53257.805.55$89,934
Jan 20211,18414,06750.412.81$99,218
Dec 20201,32212,93144.642.68$93,610
Nov 20201,43813,94438.772.71$93,492
Oct 20201,45212,90036.972.48$85,652
Sep 20201,35313,46137.091.99$76,984
Aug 20201,46015,13739.982.39$94,474
Jul 20201,75016,36338.371.83$97,012
Jun 20202,58320,66034.901.69$125,069
May 20202,20619,88016.921.81$73,403
Apr 20201,72117,08614.751.80$56,214
Mar 20201,98715,95630.341.86$89,904
Feb 20202,00617,68149.881.98$135,080
Jan 20202,71621,61057.252.09$200,758
Dec 20193,97223,19259.012.30$287,830
Nov 20194,17625,56055.302.75$301,241
Oct 20192,11218,44053.472.42$157,527
Sep 20191,75018,74655.052.66$146,151
Aug 20191,35515,04353.112.30$106,629
Jul 20191,33412,55856.272.46$105,958
Jun 20191,56910,32552.782.49$108,533
May 20191,4548,91058.482.74$109,446
Apr 20191,6579,10862.632.75$128,831
Mar 20191,5649,33256.803.06$117,411
Feb 20191,2747,34850.852.79$85,300
Jan 20191635446.033.23$1,879
Dec 20182904,23946.594.19$31,253
Nov 20189978,78652.934.24$90,000
Oct 20181,54812,22661.443.40$136,654
Sep 20181,77311,64759.543.11$141,763
Aug 20181,87614,49059.403.07$155,869
Jul 20181,77613,47965.142.93$155,207
Jun 20181,89112,70060.183.08$152,877
May 20181,86413,17565.382.90$160,086
Apr 20182,03614,08063.842.90$170,822
Mar 20182,08012,59861.222.79$162,446
Feb 20181,9936,89861.782.77$142,208
Jan 20182,15014,14762.874.01$191,890
Dec 20172,24619,40057.272.92$185,306
Nov 20172,22311,94855.423.12$160,457
Oct 20172,39913,21949.292.98$157,688
Sep 20172,31314,28547.523.09$154,016
Aug 20172,34613,83945.373.00$148,016
Jul 20172,72214,22943.873.09$163,343
Jun 20172,74517,19942.493.09$169,733
May 20172,96317,42245.373.26$191,286
Apr 20172,76716,10947.933.21$184,358
Mar 20173,08718,73646.772.98$200,281
Feb 20172,87512,53450.452.95$182,052
Jan 20173,00516,90349.413.42$206,265
Dec 20162,91019,51648.763.72$214,546
Nov 20162,63618,22642.492.64$160,200
Oct 20162,47618,66746.193.09$172,052
Sep 20161,61315,49141.553.10$115,052
Aug 20164,03620,77541.442.92$228,005
Jul 20164,50321,72141.622.92$250,934
Jun 20165,29422,64345.352.69$300,898
May 20165,90115,33542.521.99$281,443
Apr 20166,60026,09636.561.99$293,254
Mar 20168,69728,69433.011.79$338,565
Feb 20168,39725,05426.472.06$273,971
Jan 201612,66537,95327.352.36$436,122
Dec 201518,65458,45232.362.00$720,630
Nov 201523,00271,88538.792.17$1,048,046
Oct 201527,50595,13243.552.43$1,428,688
Sep 201510,1186,65042.992.76$453,316

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           230 bbl  × $106.41 =    $24,474
Gas                  774 Mcf  × $  3.05 =     $2,357

────────────────────────────────────────────────────
Month total                                  $26,832

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/289305 is the state's own key, not one this site invented.