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 289380District 08Field 71052900Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$9.0 M
Sep 2016 – May 2026
Value, last 12 filed months
$426 k
at the published price for each month
Months reported
117
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
CondensateDisposition145,904 bbl$8,222,917
GasProduction233,534 Mcf$755,686
Total$8,978,603

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, -103.6211. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.76595, -103.62109 · 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
11,034 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 11,034 ft.

Completions filed
Sep 2016
1 of 1 wells

1 well

42-30132809P261H11,034 ftSep 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 (117)

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

117 months

May 2026405797106.413.05$45,524
Apr 202650878498.932.87$52,506
Mar 202655298689.753.15$52,647
Feb 202646683263.503.75$32,711
Jan 202650579659.138.00$36,227
Dec 202556889456.664.41$36,128
Nov 202538684458.593.93$25,930
Oct 202540073959.383.30$26,194
Sep 202540564962.743.08$27,407
Aug 202559166563.933.01$39,787
Jul 202537582366.743.32$27,756
Jun 20253406966.483.13$22,819
May 202558585560.553.23$38,185
Apr 202570745462.363.54$45,697
Mar 202564350167.704.27$45,670
Feb 202547248070.884.34$35,539
Jan 202565660274.324.28$51,330
Dec 202464481068.993.12$46,958
Nov 202477377769.052.20$55,084
Oct 202477975371.372.28$57,315
Sep 202468672469.612.36$49,464
Aug 20247121,33875.632.06$56,610
Jul 20245702,18579.932.15$50,250
Jun 20245842,19478.082.63$51,378
May 20246511,38578.812.20$54,350
Apr 20246411,03184.451.66$55,843
Mar 20246712,91580.301.55$58,385
Feb 20245923,06276.091.78$50,507
Jan 202457661073.023.30$44,071
Dec 20235941,80571.262.61$47,041
Nov 202358761977.892.81$47,459
Oct 20236231,57385.443.09$58,085
Sep 20236901,64289.042.74$65,929
Aug 20236672,09680.522.67$59,309
Jul 202367883074.852.64$52,941
Jun 20236623,33268.962.26$53,177
May 202372671570.622.23$52,863
Apr 202363767778.122.24$51,277
Mar 202368983372.852.39$52,187
Feb 202353169975.112.47$41,607
Jan 20236191,48976.533.39$52,416
Dec 20225144,63676.415.73$65,835
Nov 20224726,50285.005.65$76,832
Oct 202267285687.185.86$63,604
Sep 202258778284.888.16$56,209
Aug 202244877794.529.13$49,437
Jul 2022352695101.587.54$40,998
Jun 2022415646115.097.98$52,916
May 2022480745109.378.43$58,780
Apr 2022594678104.226.84$66,543
Mar 2022699587108.885.08$79,087
Feb 202266656491.054.86$63,380
Jan 202279664481.844.54$68,067
Dec 202187164571.323.90$64,635
Nov 202198361877.435.24$79,350
Oct 20219861,13479.795.71$85,152
Sep 20218731,07769.865.35$66,751
Aug 20211,0141,28966.024.22$72,385
Jul 20211,0231,47270.783.98$78,270
Jun 20218991,68969.493.38$68,181
May 20211,0062,00963.483.02$69,923
Apr 202172468260.362.76$45,582
Mar 202169990561.302.72$45,308
Feb 202152767057.805.55$34,178
Jan 202199086250.412.81$52,328
Dec 20209911,00144.642.68$46,916
Nov 20209051,56438.772.71$39,320
Oct 20208891,01136.972.48$35,372
Sep 20209261,83837.091.99$38,005
Aug 20201,0822,25139.982.39$48,627
Jul 20201,0121,72038.371.83$41,970
Jun 20201,0581,53134.901.69$39,512
May 20201,1402,50816.921.81$23,840
Apr 20201,1062,25314.751.80$20,379
Mar 20201,1491,48030.341.86$37,608
Feb 20201,14980549.881.98$58,907
Jan 20201,15479157.252.09$67,723
Dec 20191,14778859.012.30$69,500
Nov 20191,12689755.302.75$64,735
Oct 20191,0701,64653.472.42$61,194
Sep 20198742,09655.052.66$53,683
Aug 20191,1691,95453.112.30$66,588
Jul 20191,1992,64856.272.46$73,982
Jun 20191,2421,18652.782.49$68,507
May 20191,2271,87358.482.74$76,888
Apr 20191,2492,68562.632.75$85,611
Mar 20191,2612,40556.803.06$78,989
Feb 20191,0542,94650.852.79$61,822
Jan 20191,1332,32946.033.23$59,670
Dec 20181,2482,47346.594.19$68,495
Nov 20181,25995352.934.24$70,677
Oct 20181,2952,09761.443.40$86,691
Sep 20181,3532,56259.543.11$88,520
Aug 20181,3463,31059.403.07$90,103
Jul 20181,3043,39165.142.93$94,885
Jun 20181,3433,74460.183.08$92,342
May 20181,4281,36765.382.90$97,328
Apr 20181,50239263.842.90$97,025
Mar 20181,69239061.222.79$104,671
Feb 20181,57432461.782.77$98,138
Jan 20181,67736962.874.01$106,912
Dec 20171,85838357.272.92$107,527
Nov 20171,83037155.423.12$102,576
Oct 20171,94260949.292.98$97,538
Sep 20172,05556547.523.09$99,398
Aug 20172,26348645.373.00$104,132
Jul 20172,5613,43143.873.09$122,944
Jun 20172,5602,59242.493.09$116,777
May 20173,0383,43845.373.26$149,054
Apr 20173,1104,18747.933.21$162,509
Mar 20173,67810,98546.772.98$204,796
Feb 20173,54710,71350.452.95$210,577
Jan 20174,64413,96449.413.42$277,200
Dec 20165,68514,54048.763.72$331,331
Nov 20167,3459,95742.492.64$338,419
Oct 201611,35512,49946.193.09$563,113
Sep 20163,6644,20841.553.10$165,287

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           405 bbl  × $106.41 =    $43,096
Gas                  797 Mcf  × $  3.05 =     $2,428

────────────────────────────────────────────────────
Month total                                  $45,524

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/289380 is the state's own key, not one this site invented.