BALBO WEST UNIT

Operated by HALCON OPERATING CO., INC. (P-5 344412) 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 289435District 08Field 71052900CondensateGasSave
Value, all time
$25.4 M
Feb 2016 – May 2026
Value, last 12 filed months
$1.5 M
at the published price for each month
Months reported
124
no gaps in the span
Streams
2
condensate, gas

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
CondensateDisposition281,979 bbl$14,725,375
GasProduction3,315,481 Mcf$10,692,803
Total$25,418,178

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 31.0554, -103.2694. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.05535, -103.26942 · 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
10,323 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 10,323 ft.

Completions filed
Oct 2016
1 of 1 wells

1 well

42-371393591H10,323 ftOct 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 (124)

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

124 months

May 20261596,864106.413.05$37,826
Apr 202673629,19998.932.87$156,605
Mar 202684729,51089.753.15$168,958
Feb 202653426,29163.503.75$132,509
Jan 202670626,96559.138.00$257,410
Dec 202579326,44356.664.41$161,634
Nov 202586823,83058.593.93$144,423
Oct 202581621,66659.383.30$120,057
Sep 202581418,27462.743.08$107,298
Aug 202568415,74163.933.01$91,183
Jul 202580617,59766.743.32$112,130
Jun 20251629,10566.483.13$39,257
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 2025181067.704.27$12,254
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20241511,45269.052.20$13,619
Oct 202493831,36171.372.28$138,492
Sep 20241,14431,59269.612.36$154,329
Aug 202477531,01775.632.06$122,621
Jul 20241,53631,85279.932.15$191,146
Jun 20241,08930,67478.082.63$165,824
May 20241,14532,80578.812.20$162,357
Apr 202487734,55284.451.66$131,391
Mar 20241,03336,49680.301.55$139,341
Feb 202495834,43276.091.78$134,309
Jan 20241,07836,44773.023.30$198,905
Dec 202383622,41371.262.61$118,087
Nov 202392333,30277.892.81$165,390
Oct 202398433,73685.443.09$188,225
Sep 202387634,09689.042.74$171,253
Aug 202387436,60780.522.67$168,221
Jul 20231,00235,40474.852.64$168,530
Jun 202397033,22868.962.26$141,936
May 202396529,83970.622.23$134,612
Apr 20231,01828,79478.122.24$143,960
Mar 202394424,40072.852.39$127,164
Feb 202361415,94375.112.47$85,428
Jan 2023062376.533.39$2,111
Dec 202242076.415.73$3,209
Nov 20222437,69785.005.65$64,114
Oct 202283518,04587.185.86$178,607
Sep 202270821,80184.888.16$238,071
Aug 20222065,91794.529.13$73,477
Jul 202271022,191101.587.54$239,488
Jun 202296223,986115.097.98$302,058
May 20221,24526,453109.378.43$359,245
Apr 202257722,764104.226.84$215,786
Mar 202280129,120108.885.08$235,038
Feb 20221,03528,90491.054.86$234,677
Jan 20221,32733,24081.844.54$259,434
Dec 20211,07935,67371.323.90$216,048
Nov 20211,16535,50277.435.24$276,125
Oct 20211,17237,70079.795.71$308,927
Sep 20211,64839,89469.865.35$328,599
Aug 20211,30240,49466.024.22$256,867
Jul 20211,41342,46870.783.98$269,123
Jun 20211,35638,69469.493.38$225,038
May 20211,59843,38963.483.02$232,375
Apr 20211,35431,68560.362.76$169,128
Mar 20211,38428,11061.302.72$161,212
Feb 20211,13925,62757.805.55$208,012
Jan 20211,87134,98050.412.81$192,620
Dec 20202,10143,02944.642.68$208,911
Nov 20201,76942,22538.772.71$182,869
Oct 20202,09444,51636.972.48$187,745
Sep 20201,61435,49437.091.99$130,533
Aug 20201,77031,82939.982.39$146,680
Jul 20201,55832,71438.371.83$119,487
Jun 20204759,67534.901.69$32,931
May 20203579416.921.81$6,211
Apr 20201,94343,77314.751.80$107,642
Mar 20202,19047,12830.341.86$153,925
Feb 20201,93136,91149.881.98$169,427
Jan 20201,40126,55357.252.09$135,829
Dec 201997015,29259.012.30$92,478
Nov 20191,98430,94355.302.75$194,830
Oct 20193494,37953.472.42$29,252
Sep 20191,32422,41355.052.66$132,444
Aug 20195119,72253.112.30$49,542
Jul 20193215,04456.272.46$30,471
Jun 20191,81831,74052.782.49$175,025
May 20191,80836,01358.482.74$204,419
Apr 20191,34227,82762.632.75$160,593
Mar 20191,65533,49156.803.06$196,557
Feb 20192,33123,56050.852.79$184,316
Jan 20191,64210,71946.033.23$110,184
Dec 20181,0873,55946.594.19$65,539
Nov 20182,40822,43552.934.24$222,518
Oct 20182,31923,24961.443.40$221,481
Sep 20182,47823,17059.543.11$219,552
Aug 20182,51221,36659.403.07$214,733
Jul 20182,61523,96865.142.93$240,612
Jun 20182,34821,65260.183.08$207,924
May 20183,03827,79165.382.90$279,241
Apr 20183,51232,22463.842.90$317,681
Mar 20183,78733,90961.222.79$326,339
Feb 20182,28517,49161.782.77$189,550
Jan 20183,47227,22562.874.01$327,438
Dec 20174,15032,33357.272.92$332,132
Nov 20174,55134,98655.423.12$361,315
Oct 20175,12935,32149.292.98$358,195
Sep 20175,65634,14347.523.09$374,182
Aug 20176,23554,62545.373.00$446,997
Jul 20174,13521,81343.873.09$248,745
Jun 20173,67021,05142.493.09$220,929
May 20176,28437,27245.373.26$406,739
Apr 20175,86936,22847.933.21$397,651
Mar 20177,06138,31346.772.98$444,557
Feb 20176,45832,18050.452.95$420,821
Jan 20178,41540,93949.413.42$555,747
Dec 20169,33347,93048.763.72$633,512
Nov 20166,81531,05442.492.64$371,687
Oct 20168,96138,61746.193.09$533,245
Sep 201610,25445,65841.553.10$567,622
Aug 201613,02651,72541.442.92$691,059
Jul 201613,99354,69941.622.92$742,347
Jun 20167,44529,37645.352.69$416,530
May 20162,6159,62742.521.99$130,358
Apr 201611,31537,66536.561.99$488,669
Mar 20161,9246,64033.011.79$75,423
Feb 20167,55833,27926.472.06$268,736

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           159 bbl  × $106.41 =    $16,919
Gas                6,864 Mcf  × $  3.05 =    $20,907

────────────────────────────────────────────────────
Month total                                  $37,826

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/289435 is the state's own key, not one this site invented.