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 289331District 08Field 71052900Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$25.4 M
Sep 2015 – May 2026
Value, last 12 filed months
$937 k
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
CondensateDisposition386,587 bbl$18,746,391
GasProduction2,163,916 Mcf$6,644,584
Total$25,390,975

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 31.7450, -103.6507. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.74505, -103.65071 · 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
10,869 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 10,869 ft.

Completions filed
Sep 2015
1 of 1 wells

1 well

42-30132599P225H10,869 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 20261,34719,075106.413.05$201,434
Apr 202640574798.932.87$42,210
Mar 20269078089.753.15$10,534
Feb 20262372,05963.503.75$22,771
Jan 20262754,44259.138.00$51,788
Dec 20253289,10756.664.41$58,777
Nov 20254288,59458.593.93$58,820
Oct 20251,1093,75059.383.30$78,246
Sep 20251,21315,21562.743.08$122,919
Aug 20251,03817,27263.933.01$118,430
Jul 20251,10287866.743.32$76,458
Jun 20251,2543,60466.483.13$94,642
May 20251,33414,15060.553.23$126,511
Apr 20251,49517,60562.363.54$155,605
Mar 20251,11219,16367.704.27$157,076
Feb 202569520,44970.884.34$138,027
Jan 202577120,94774.324.28$146,926
Dec 20241,03721,35968.993.12$138,212
Nov 202496719,56069.052.20$109,773
Oct 20241,28218,89171.372.28$134,594
Sep 20241,11114,07469.612.36$110,613
Aug 20241,17415,81275.632.06$121,420
Jul 20241,03415,84079.932.15$116,650
Jun 20241,10118,15478.082.63$133,783
May 202498314,41078.812.20$109,150
Apr 20241,00713,20984.451.66$106,958
Mar 20241,05812,98680.301.55$105,022
Feb 202499913,00976.091.78$99,217
Jan 202485110,57173.023.30$97,000
Dec 202395113,06271.262.61$101,869
Nov 202390710,90377.892.81$101,257
Oct 20231,03213,29085.443.09$129,204
Sep 20231,19913,92689.042.74$144,847
Aug 20231,16615,47780.522.67$135,254
Jul 20231,55814,15874.852.64$154,019
Jun 20231,42013,32668.962.26$128,020
May 20231,33013,31270.622.23$123,576
Apr 20231,1797,51078.122.24$108,909
Mar 20231,20311,67172.852.39$115,569
Feb 20231,0057,53175.112.47$94,055
Jan 20231,15510,85976.533.39$125,179
Dec 20229168,71376.415.73$119,909
Nov 20221,1125,79785.005.65$127,251
Oct 20221,13611,24987.185.86$164,998
Sep 202286912,78284.888.16$178,109
Aug 20221,25516,18294.529.13$266,318
Jul 20221,46417,032101.587.54$277,170
Jun 202295710,310115.097.98$192,386
May 20221,11214,880109.378.43$247,103
Apr 20221,28117,484104.226.84$253,054
Mar 20221,24814,900108.885.08$211,521
Feb 20221,24411,41091.054.86$168,706
Jan 20221,42114,27381.844.54$181,061
Dec 20211,39514,12371.323.90$154,559
Nov 20211,41816,08477.435.24$194,025
Oct 20211,45316,50379.795.71$210,231
Sep 20211,19216,10469.865.35$169,444
Aug 20211,29417,14766.024.22$157,800
Jul 20211,61517,47170.783.98$183,881
Jun 20211,44116,55269.493.38$156,091
May 20211,60818,48863.483.02$157,867
Apr 20211,73118,23860.362.76$154,791
Mar 20211,96418,23361.302.72$169,931
Feb 20211,21712,05357.805.55$137,212
Jan 20211,85321,27950.412.81$153,209
Dec 20201,69619,82044.642.68$128,737
Nov 20201,85921,63138.772.71$130,619
Oct 20201,94321,40536.972.48$124,884
Sep 20201,74219,50037.091.99$103,436
Aug 20201,71318,61939.982.39$112,894
Jul 20201,77615,49938.371.83$96,433
Jun 20209259,20434.901.69$47,840
May 20201,21012,68116.921.81$43,486
Apr 20201,27913,08514.751.80$42,476
Mar 20201,76614,38030.341.86$80,273
Feb 20201,77817,41349.881.98$123,176
Jan 20201,90718,16157.252.09$147,218
Dec 20191,88914,38259.012.30$144,611
Nov 20191,97214,16855.302.75$148,024
Oct 20191,94917,28453.472.42$146,015
Sep 20191,77518,08855.052.66$145,779
Aug 20191,91216,93553.112.30$140,571
Jul 20191,61711,16156.272.46$118,445
Jun 20191,86813,69752.782.49$132,715
May 20191,55912,06558.482.74$124,232
Apr 20191,8636,63662.632.75$134,933
Mar 20191,92010,96856.803.06$142,641
Feb 20191,83210,57350.852.79$122,679
Jan 20191,6377,54246.033.23$99,698
Dec 20181,3976,20346.594.19$91,049
Nov 20181,6508,51352.934.24$123,406
Oct 20181,7178,18661.443.40$133,309
Sep 20181,7347,08659.543.11$125,266
Aug 20181,8948,65159.403.07$139,032
Jul 20181,7838,20665.142.93$140,204
Jun 20182,25112,31760.183.08$173,364
May 20182,57215,53165.382.90$213,210
Apr 20182,12810,99163.842.90$167,734
Mar 20182,2899,98161.222.79$167,948
Feb 20182,1296,34561.782.77$149,081
Jan 20182,45712,79162.874.01$205,755
Dec 20172,51612,16657.272.92$179,635
Nov 20172,54612,10155.423.12$178,835
Oct 20172,99014,37949.292.98$190,279
Sep 20172,97015,52047.523.09$189,049
Aug 20173,02816,15545.373.00$185,916
Jul 20173,88119,87943.873.09$231,632
Jun 20173,41217,95242.493.09$200,399
May 20174,36620,71945.373.26$265,700
Apr 20174,20018,89747.933.21$261,996
Mar 20174,20316,20546.772.98$244,925
Feb 20174,11216,32550.452.95$255,652
Jan 20174,60516,19649.413.42$282,904
Dec 20164,33515,78748.763.72$270,147
Nov 20164,09514,67142.492.64$212,792
Oct 20163,77914,83846.193.09$220,405
Sep 20162,85410,47341.553.10$151,057
Aug 20167,51429,59341.442.92$397,920
Jul 20168,89835,77741.622.92$474,959
Jun 20169,07128,19745.352.69$487,102
May 201610,72247,35142.521.99$550,177
Apr 201613,29741,87036.561.99$569,503
Mar 201617,23740,60533.011.79$641,839
Feb 201615,17845,07426.472.06$494,778
Jan 201619,37660,35527.352.36$672,635
Dec 201519,50862,20632.362.00$755,779
Nov 201525,15170,32838.792.17$1,128,031
Oct 201530,828105,09043.552.43$1,597,569
Sep 201513,3897,48542.992.76$596,240

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         1,347 bbl  × $106.41 =   $143,334
Gas               19,075 Mcf  × $  3.05 =    $58,099

────────────────────────────────────────────────────
Month total                                 $201,434

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/289331 is the state's own key, not one this site invented.