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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 289332District 08Field 71052900Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$23.7 M
Jan 2016 – May 2026
Value, last 12 filed months
$1.0 M
at the published price for each month
Months reported
125
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
CondensateDisposition344,036 bbl$18,013,866
GasProduction1,804,131 Mcf$5,727,234
Total$23,741,100

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 31.7660, -103.6376. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.76598, -103.63765 · 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
10,943 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 10,943 ft.

Completions filed
Jan 2016
1 of 1 wells

1 well

42-30132747P251H10,943 ftJan 2016——

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 (125)

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

125 months

May 20261,153670106.413.05$124,731
Apr 20261,1972,91798.932.87$126,790
Mar 20261,1502,57189.753.15$111,310
Feb 202632551463.503.75$22,565
Jan 202623539159.138.00$17,023
Dec 20255102,06756.664.41$38,019
Nov 20257533,05158.593.93$56,098
Oct 20251,1288,04159.383.30$93,555
Sep 20251,5176,65962.743.08$115,666
Aug 20251,3408,37063.933.01$110,900
Jul 20251,3204,96166.743.32$104,544
Jun 20251,5088,39766.483.13$126,524
May 20251,55810,47760.553.23$128,202
Apr 20251,7419,00562.363.54$140,475
Mar 20251,35512,93667.704.27$146,948
Feb 202592612,94170.884.34$121,810
Jan 202594612,82874.324.28$125,194
Dec 20241,06712,61568.993.12$112,988
Nov 20241,00713,83469.052.20$99,947
Oct 20241,22714,50471.372.28$120,660
Sep 20241,42814,22869.612.36$133,043
Aug 20241,29314,02675.632.06$126,734
Jul 20241,07512,82279.932.15$113,448
Jun 20241,2469,76078.082.63$122,995
May 20241,05511,58978.812.20$108,622
Apr 20241,11512,94784.451.66$115,643
Mar 20241,00712,65980.301.55$100,422
Feb 202472112,06676.091.78$76,382
Jan 202491011,48773.023.30$104,328
Dec 20231,03312,79171.262.61$107,005
Nov 202392013,78977.892.81$110,372
Oct 20231,00416,80585.443.09$137,664
Sep 20231,07017,40889.042.74$142,884
Aug 20231,04113,99680.522.67$121,231
Jul 20231,0666,31774.852.64$96,478
Jun 20231,36211,35068.962.26$119,557
May 20231,30811,35370.622.23$117,659
Apr 20231,09511,53978.122.24$111,363
Mar 20238528,14472.852.39$81,558
Feb 202377612,54675.112.47$89,220
Jan 20231,22014,12776.533.39$141,225
Dec 20221,05917,10376.415.73$178,903
Nov 20221,30914,05885.005.65$190,639
Oct 20221,25914,28587.185.86$193,523
Sep 20221,29115,58884.888.16$236,836
Aug 20221,21814,41694.529.13$246,703
Jul 20221,42013,135101.587.54$243,309
Jun 20221,11612,396115.097.98$227,326
May 20221,04612,821109.378.43$222,521
Apr 20221,17913,131104.226.84$212,660
Mar 20221,21210,947108.885.08$187,534
Feb 20221,2028,55291.054.86$150,995
Jan 20221,38111,83081.844.54$166,702
Dec 20211,38112,42371.323.90$146,932
Nov 20211,52913,27477.435.24$187,904
Oct 20211,64613,73779.795.71$209,826
Sep 20211,60914,12769.865.35$187,997
Aug 20211,98114,73766.024.22$192,984
Jul 20212,05915,11270.783.98$205,913
Jun 20211,75615,75069.493.38$175,269
May 20211,91218,01963.483.02$175,749
Apr 20212,01217,64560.362.76$170,117
Mar 20212,17715,06661.302.72$174,384
Feb 20211,3209,79757.805.55$130,649
Jan 20211,90314,27650.412.81$136,050
Dec 20201,82415,17844.642.68$122,031
Nov 20201,98018,87538.772.71$127,851
Oct 20202,14816,08736.972.48$119,282
Sep 20201,88613,07537.091.99$95,985
Aug 20201,0358,67939.982.39$62,080
Jul 20201,23010,59738.371.83$66,536
Jun 20201,40211,35934.901.69$68,130
May 20201,44910,01816.921.81$42,697
Apr 20201,5349,19914.751.80$39,225
Mar 20201,61410,07630.341.86$67,672
Feb 20201,0848,48349.881.98$70,872
Jan 20201,1028,23057.252.09$80,329
Dec 20191,2006,07059.012.30$84,799
Nov 20192,20710,13055.302.75$149,912
Oct 20192,10911,13453.472.42$139,696
Sep 20191,91911,94955.052.66$137,393
Aug 20192,16512,89353.112.30$144,693
Jul 20192,48613,69856.272.46$173,585
Jun 20192,42511,63952.782.49$156,987
May 20192,27610,42658.482.74$161,671
Apr 20192,67811,95962.632.75$200,619
Mar 20192,51516,73156.803.06$194,084
Feb 20192,5489,60950.852.79$156,396
Jan 20192,65310,80046.033.23$156,982
Dec 20182,65611,80746.594.19$173,161
Nov 20182,84112,02552.934.24$201,327
Oct 20182,87812,20561.443.40$218,298
Sep 20182,84215,80459.543.11$218,332
Aug 20183,02917,66459.403.07$234,090
Jul 20182,79018,17565.142.93$235,028
Jun 20183,15215,07260.183.08$236,063
May 20183,36117,54965.382.90$270,648
Apr 20183,39120,40463.842.90$275,669
Mar 20183,49925,29561.222.79$284,702
Feb 20183,34321,95861.782.77$267,269
Jan 20183,96211,37262.874.01$294,685
Dec 20173,99216,59657.272.92$277,107
Nov 20174,0945,68155.423.12$244,605
Oct 20174,40931,28049.292.98$310,649
Sep 20174,27128,88547.523.09$292,134
Aug 20174,17525,95745.373.00$267,405
Jul 20174,47727,43843.873.09$281,115
Jun 20174,92816,65442.493.09$260,806
May 20175,30017,95445.373.26$299,052
Apr 20175,01918,99347.933.21$301,559
Mar 20175,46611,59346.772.98$290,235
Feb 20175,50919,10050.452.95$334,324
Jan 20176,11311,83449.413.42$342,501
Dec 20166,4208,41548.763.72$344,367
Nov 20166,8907,63242.492.64$312,938
Oct 20168,1618,50446.193.09$403,236
Sep 20168,92111,54741.553.10$406,471
Aug 20169,17433,79241.442.92$478,990
Jul 20169,75826,22741.622.92$482,825
Jun 201610,67135,50945.352.69$579,301
May 201611,40846,35942.521.99$577,371
Apr 201614,73050,29736.561.99$638,672
Mar 201616,07465,49233.011.79$648,096
Feb 201618,55657,00626.472.06$608,817
Jan 20161,7703,43927.352.36$56,541

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         1,153 bbl  × $106.41 =   $122,691
Gas                  670 Mcf  × $  3.05 =     $2,041

────────────────────────────────────────────────────
Month total                                 $124,731

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/289332 is the state's own key, not one this site invented.