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COPPERHEAD 23

Operated by CRESCENT ENERGY OPERATING, LLC (P-5 103575) 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 290983District 08Field 71052900Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$8.0 M
Jun 2019 – May 2026
Value, last 12 filed months
$41 k
at the published price for each month
Months reported
84
no gaps in the span
Streams
2
condensate, gas

The PHANTOM (WOLFCAMP) field

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
CondensateDisposition99,309 bbl$5,877,535
GasProduction696,554 Mcf$2,113,439
Total$7,990,974

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 31.3724, -103.6330. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.37242, -103.63300 · 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
9,950 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 9,950 ft.

Completions filed
Feb 2019
1 of 1 wells

1 well

42-389376362H9,950 ftFeb 2019——

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 (84)

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

84 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 2026019159.138.00$1,528
Dec 202501,35156.664.41$5,962
Nov 202502,77258.593.93$10,884
Oct 2025632,25159.383.30$11,180
Sep 202502,94162.743.08$9,049
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 202540066.483.13$2,659
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20251722,63870.884.34$23,643
Jan 2025063974.324.28$2,734
Dec 202401,65868.993.12$5,175
Nov 20244413,92269.052.20$39,073
Oct 20241594,08771.372.28$20,672
Sep 20242673,32469.612.36$26,445
Aug 20244704,18575.632.06$44,182
Jul 20242864,80279.932.15$33,168
Jun 20246564,75178.082.63$63,735
May 20245356,14978.812.20$55,682
Apr 20245546,83584.451.66$58,126
Mar 20246128,67380.301.55$62,545
Feb 20247406,49876.091.78$67,897
Jan 20245145,13973.023.30$54,479
Dec 20238885,34171.262.61$77,223
Nov 20238597,07177.892.81$86,760
Oct 20231,1117,31485.443.09$117,504
Sep 20231,0306,71889.042.74$110,085
Aug 20231,1654,97180.522.67$107,093
Jul 20231,0903,37874.852.64$90,511
Jun 20237962,88368.962.26$61,403
May 20231,1105,63870.622.23$90,946
Apr 20231,2794,94978.122.24$110,990
Mar 20235141,09472.852.39$40,063
Feb 20231,5564,73875.112.47$128,554
Jan 20231,5984,54176.533.39$137,679
Dec 20221,6134,91476.415.73$151,402
Nov 20221,4232,36885.005.65$134,325
Oct 20221,2852,24787.185.86$125,202
Sep 20229972,05484.888.16$101,394
Aug 20225501,13994.529.13$62,382
Jul 202219838101.587.54$20,399
Jun 20222079115.097.98$23,895
May 202225142109.378.43$27,806
Apr 2022178736104.226.84$23,584
Mar 20222141,035108.885.08$28,554
Feb 202221771691.054.86$23,237
Jan 20223561,83081.844.54$37,439
Dec 20213472,79071.323.90$35,627
Nov 20217312,15677.435.24$67,892
Oct 20211,6115,60779.795.71$160,579
Sep 20212,3896,95569.865.35$204,111
Aug 20212,19936,35966.024.22$298,634
Jul 20211,89136,10970.783.98$277,634
Jun 20211,24136,74369.493.38$210,451
May 20211,33940,11263.483.02$206,045
Apr 20212,12537,47860.362.76$231,645
Mar 20212,13939,91061.302.72$239,554
Feb 20211,57830,61857.805.55$261,076
Jan 20212,43213,80250.412.81$161,384
Dec 20202,36231,58144.642.68$189,933
Nov 20202,16727,80438.772.71$159,268
Oct 20203,17631,99536.972.48$196,714
Sep 20202,74534,77137.091.99$171,043
Aug 20201,99824,80039.982.39$139,031
Jul 202049617438.371.83$19,349
Jun 20201,5913,42434.901.69$61,314
May 20201,6202,50116.921.81$31,949
Apr 20202,1024,28414.751.80$38,734
Mar 20201,8914,52130.341.86$65,765
Feb 20202,1924,80749.881.98$118,858
Jan 20203,4355,02657.252.09$207,182
Dec 20193,8476,15559.012.30$241,195
Nov 20193,0796,07655.302.75$186,982
Oct 20191,6743,58053.472.42$98,167
Sep 20198312,30255.052.66$51,864
Aug 20194,56416,91153.112.30$281,363
Jul 20197,50622,78156.272.46$478,405
Jun 20196,01725,85252.782.49$381,980

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.

Jan 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 59.13 =         $0
Gas                  191 Mcf  × $  8.00 =     $1,528

────────────────────────────────────────────────────
Month total                                   $1,528

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/290983 is the state's own key, not one this site invented.