STATE CORREA UNIT

Operated by EOG RESOURCES, INC. (P-5 253162) 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 290016District 08Field 71052900Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$41.0 M
Apr 2020 – May 2026
Value, last 12 filed months
$2.0 M
at the published price for each month
Months reported
74
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
CondensateDisposition436,340 bbl$31,585,727
GasProduction2,357,053 Mcf$9,394,750
Total$40,980,477

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 31.5782, -103.7510. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.57815, -103.75104 · 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
10,656 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 10,656 ft.

Completions filed
Dec 2020
1 of 1 wells

1 well

42-389374727H10,656 ftDec 2020

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 (74)

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

74 months

May 20261,85317,671106.413.05$251,001
Apr 20261,85216,64298.932.87$230,976
Mar 20261,66813,67089.753.15$192,756
Feb 20261,54211,59863.503.75$141,413
Jan 20261,50812,40259.138.00$188,358
Dec 20252,12814,55856.664.41$184,822
Nov 20251,7679,21658.593.93$139,715
Oct 20251,1195,25859.383.30$83,823
Sep 20251,75010,14062.743.08$140,995
Aug 20251,0736,35163.933.01$87,744
Jul 20252,07415,44766.743.32$189,629
Jun 20252,11416,02866.483.13$190,686
May 20252,41416,03660.553.23$198,001
Apr 20252,23415,13862.363.54$192,948
Mar 20251,87713,47067.704.27$184,567
Feb 20251,07511,78170.884.34$127,335
Jan 20251,46610,73174.324.28$154,868
Dec 20242,22519,35968.993.12$213,929
Nov 20241,54820,34769.052.20$151,621
Oct 20243,46223,74771.372.28$301,259
Sep 20242,90819,93169.612.36$249,550
Aug 20244,21424,19375.632.06$368,630
Jul 20243,29426,14979.932.15$319,421
Jun 20244,18230,21478.082.63$406,114
May 20244,55431,39178.812.20$427,912
Apr 20244,63330,96884.451.66$442,639
Mar 20244,27031,94080.301.55$392,232
Feb 20243,99827,57276.091.78$353,386
Jan 20242,95622,24273.023.30$289,194
Dec 20232,77818,24671.262.61$245,595
Nov 20233,27024,55577.892.81$323,640
Oct 20234,96333,22185.443.09$526,601
Sep 20234,83432,67589.042.74$519,787
Aug 20235,10234,98280.522.67$504,316
Jul 20234,61534,40474.852.64$436,321
Jun 20234,94735,81568.962.26$422,033
May 20235,05434,44170.622.23$433,627
Apr 20235,52031,93678.122.24$502,688
Mar 20233,77921,90572.852.39$327,722
Feb 20234,90830,81675.112.47$444,622
Jan 20236,63938,65476.533.39$639,032
Dec 20225,52430,73976.415.73$598,195
Nov 20224,20722,81085.005.65$486,385
Oct 20225,73430,48787.185.86$678,659
Sep 20226,34233,92484.888.16$815,254
Aug 20227,71343,01994.529.13$1,121,674
Jul 20227,18438,400101.587.54$1,019,367
Jun 20227,48743,462115.097.98$1,208,384
May 20227,73545,776109.378.43$1,232,008
Apr 20227,42840,614104.226.84$1,051,848
Mar 20227,02642,586108.885.08$981,174
Feb 20226,71736,60691.054.86$789,446
Jan 20226,70733,03181.844.54$698,785
Dec 20219,32749,13971.323.90$856,801
Nov 20219,99952,56577.435.24$1,049,498
Oct 202111,04556,61679.795.71$1,204,777
Sep 202111,77753,55569.865.35$1,109,310
Aug 202114,37569,39066.024.22$1,241,904
Jul 202114,12264,04470.783.98$1,254,583
Jun 202114,58467,77869.493.38$1,242,574
May 202116,57571,80963.483.02$1,268,877
Apr 202120,80094,09060.362.76$1,515,028
Mar 202130,141136,25961.302.72$2,217,851
Feb 202131,624132,48157.805.55$2,562,865
Jan 202136,394143,18650.412.81$2,237,013
Dec 20207,60628,84744.642.68$416,711
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0

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         1,853 bbl  × $106.41 =   $197,178
Gas               17,671 Mcf  × $  3.05 =    $53,823

────────────────────────────────────────────────────
Month total                                 $251,001

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/290016 is the state's own key, not one this site invented.