HAYES 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 290465District 08Field 71052900Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$19.2 M
Oct 2020 – May 2026
Value, last 12 filed months
$1.1 M
at the published price for each month
Months reported
68
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
CondensateDisposition207,274 bbl$14,171,294
GasProduction1,300,158 Mcf$4,987,272
Total$19,158,567

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 31.4895, -103.5611. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.48946, -103.56109 · 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
10,474 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 10,474 ft.

Completions filed
Oct 2020
1 of 1 wells

1 well

42-3893904942H10,474 ftOct 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 (68)

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

68 months

May 20267717,000106.413.05$103,363
Apr 20268227,47098.932.87$102,757
Mar 20261,0008,57989.753.15$116,769
Feb 20261,2078,65863.503.75$109,115
Jan 20261,15110,27159.138.00$150,205
Dec 20251,05911,94756.664.41$112,729
Nov 202596510,66958.593.93$98,431
Oct 202592411,35059.383.30$92,377
Sep 20251539,94962.743.08$40,212
Aug 20251047,76763.933.01$30,064
Jul 20255007,86566.743.32$59,444
Jun 20258226,16966.483.13$73,948
May 20251,10310,49660.553.23$100,713
Apr 202593412,72362.363.54$103,323
Mar 20251,32514,58167.704.27$151,939
Feb 20256129,07870.884.34$82,785
Jan 20251,14110,91874.324.28$131,514
Dec 20241,29210,29968.993.12$121,282
Nov 20241,45210,95369.052.20$124,340
Oct 20241,32811,95071.372.28$122,042
Sep 20241,09911,20469.612.36$102,992
Aug 20241,15912,40975.632.06$113,263
Jul 20241,09012,93179.932.15$114,881
Jun 20241,10412,16278.082.63$118,235
May 20241,81212,26478.812.20$169,765
Apr 20241,26410,60184.451.66$124,334
Mar 20241,72811,90380.301.55$157,150
Feb 20241,53912,34276.091.78$139,116
Jan 20241,82112,46073.023.30$174,058
Dec 20231,79913,51971.262.61$163,491
Nov 20231,81914,25377.892.81$181,698
Oct 20231,86114,65185.443.09$204,236
Sep 20231,85514,19789.042.74$203,999
Aug 20231,77714,46680.522.67$181,750
Jul 20232,09216,05374.852.64$198,995
Jun 20232,09316,50668.962.26$181,612
May 20232,43816,99970.622.23$210,035
Apr 20232,16216,41378.122.24$205,624
Mar 20232,29417,21072.852.39$208,304
Feb 20232,33016,48675.112.47$215,656
Jan 20232,68519,02576.533.39$269,934
Dec 20222,73618,96576.415.73$317,710
Nov 20222,71719,36085.005.65$340,255
Oct 20223,09621,28887.185.86$394,737
Sep 20222,88820,76284.888.16$414,628
Aug 20223,23021,33594.529.13$500,028
Jul 20222,97117,482101.587.54$433,645
Jun 20223,15717,101115.097.98$499,757
May 20223,47718,149109.378.43$533,331
Apr 20223,37018,568104.226.84$478,182
Mar 20224,02720,202108.885.08$541,013
Feb 20223,67718,80991.054.86$426,181
Jan 20223,79822,02981.844.54$410,789
Dec 20213,91623,51571.323.90$370,977
Nov 20213,97723,23077.435.24$429,591
Oct 20214,41824,76879.795.71$494,033
Sep 20214,54325,15969.865.35$451,998
Aug 20214,81427,65266.024.22$434,528
Jul 20215,33929,40370.783.98$494,980
Jun 20215,51330,89069.493.38$487,526
May 20216,20234,51863.483.02$497,867
Apr 20217,05938,25560.362.76$531,605
Mar 20218,99848,75561.302.72$684,042
Feb 20216,24132,48857.805.55$540,972
Jan 20219,36747,61150.412.81$605,990
Dec 202015,83977,19944.642.68$913,596
Nov 202022,28195,58538.772.71$1,122,542
Oct 20203,13710,33436.972.48$141,587

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           771 bbl  × $106.41 =    $82,042
Gas                7,000 Mcf  × $  3.05 =    $21,321

────────────────────────────────────────────────────
Month total                                 $103,363

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/290465 is the state's own key, not one this site invented.