NEWBURY

Operated by RESOLUTE NATURAL RES. CO., LLC (P-5 703352) 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 289552District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.4 M
Jun 2012 – Jul 2023
Value, last 12 filed months
$0
at the published price for each month
Months reported
134
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.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112020-08-03220826
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition15,693 bbl$1,129,616
GasProduction83,524 Mcf$258,030
Total$1,387,646

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 31.6334, -103.8445. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.63337, -103.84448 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
11,764 ft
1 wells filed one
Completion to plug
10.6 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 11,764 ft.

Completions filed
Aug 2012
1 of 1 wells
Plug dates filed
Mar 2023
1 of 1 wells

Last completion to plug: a median of 10.6 years across the 1 well that filed both dates, with the middle half between 10.6 years and 10.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-38933066311,764 ftAug 2012Mar 2023Yes

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 (134)

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

134 months

Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 2020122037.091.99$4,525
Aug 2020039739.982.39$947
Jul 20201811,13638.371.83$9,018
Jun 2020077834.901.69$1,315
May 2020041716.921.81$757
Apr 2020029914.751.80$540
Mar 202025664730.341.86$8,968
Feb 2020035249.881.98$697
Jan 2020035657.252.09$746
Dec 20195144459.012.30$4,033
Nov 2019097455.302.75$2,679
Oct 20191862253.472.42$2,467
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 201918789952.782.49$12,109
May 2019050258.482.74$1,376
Apr 201911821862.632.75$7,990
Mar 201929655656.803.06$18,515
Feb 2019041450.852.79$1,156
Jan 20191315746.033.23$1,105
Dec 2018110046.594.19$5,125
Nov 20182341,19152.934.24$17,432
Oct 20181383,47861.443.40$20,297
Sep 20181653,58459.543.11$20,963
Aug 2018963,73859.403.07$17,165
Jul 2018911,72565.142.93$10,985
Jun 20182821,45960.183.08$21,460
May 20181761,26665.382.90$15,179
Apr 20181251,21863.842.90$11,513
Mar 20181271,14361.222.79$10,960
Feb 20182221,03961.782.77$16,589
Jan 20183451,39362.874.01$27,275
Dec 201720276457.272.92$13,801
Nov 201720074155.423.12$13,395
Oct 201718860149.292.98$11,060
Sep 201717554547.523.09$9,999
Aug 201722135445.373.00$11,090
Jul 201719772143.873.09$10,868
Jun 201713363142.493.09$7,599
May 201721965945.373.26$12,087
Apr 201726292147.933.21$15,516
Mar 20173781,09046.772.98$20,931
Feb 20172942450.452.95$2,715
Jan 20175041449.413.42$3,886
Dec 20164810948.763.72$2,746
Nov 20165238042.492.64$3,214
Oct 20167461146.193.09$5,306
Sep 20165366341.553.10$4,258
Aug 20165162941.442.92$3,953
Jul 20164476541.622.92$4,068
Jun 20169066045.352.69$5,854
May 20163484942.521.99$3,136
Apr 201612790536.561.99$6,445
Mar 201611481433.011.79$5,223
Feb 201611490126.472.06$4,877
Jan 201617592327.352.36$6,969
Dec 201512092332.362.00$5,731
Nov 20151161,13438.792.17$6,957
Oct 2015922043.552.43$926
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 201586049.822.71$4,285
Mar 20150042.892.93$0
Feb 20151952344.662.98$8,777
Jan 2015906243.433.10$4,101
Dec 20141748954.693.59$9,836
Nov 20149011570.464.25$6,830
Oct 201413422978.303.90$11,386
Sep 201417933886.164.05$16,790
Aug 201415341889.394.04$15,363
Jul 20148652596.564.18$10,498
Jun 201416435398.164.74$17,770
May 201412748294.734.73$14,309
Apr 201427454295.944.81$28,894
Mar 201450237095.895.06$50,008
Feb 201413826197.406.19$15,057
Jan 201436953990.404.86$35,978
Dec 20133012,08891.824.35$36,730
Nov 20132192,24888.853.74$27,862
Oct 20132911,71097.423.78$34,812
Sep 2013202340104.113.72$22,294
Aug 20131500104.253.52$15,638
Jul 2013151545102.523.72$17,507
Jun 201313456494.403.93$14,868
May 201316562794.834.15$18,248
Apr 20134113393.964.28$4,422
Mar 20138040293.623.91$9,063
Feb 201312844191.233.42$13,186
Jan 201335044391.603.42$33,575
Dec 201233537886.773.42$30,361
Nov 201247082786.953.62$43,864
Oct 20124432,04389.383.40$46,541
Sep 20129183,91194.672.92$98,321
Aug 20129323,16292.662.91$95,555
Jul 20127948,41085.133.02$92,998
Jun 201202,15379.822.52$5,423

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.

Sep 2020 — as filed, then multipliedworked
Condensate           122 bbl  × $ 37.09 =     $4,525
Gas                    0 Mcf  × $  1.99 =         $0

────────────────────────────────────────────────────
Month total                                   $4,525

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/289552 is the state's own key, not one this site invented.