STRATEGERY STATE UNIT

Operated by PETRO-HUNT PERMIAN, LLC (P-5 100313) in the FORD, WEST (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 292025District 08Field 31913800CondensateGasSave
Value, all time
$30.5 M
Aug 2021 – May 2026
Value, last 12 filed months
$2.8 M
at the published price for each month
Months reported
58
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
CondensateDisposition186,333 bbl$15,467,725
GasProduction3,293,922 Mcf$15,032,838
Total$30,500,563

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 31.6836, -104.0489. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.68360, -104.04885 · 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
9,722 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 9,722 ft.

Completions filed
Sep 2022
1 of 1 wells

1 well

42-3893924621WB9,722 ftSep 2022

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 (58)

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

58 months

May 20261,25050,337106.413.05$286,331
Apr 20261,08248,81198.932.87$247,116
Mar 20261,13950,01789.753.15$259,751
Feb 202696644,67963.503.75$228,902
Jan 20261,03142,00959.138.00$396,948
Dec 202599736,32956.664.41$216,823
Nov 20251,04336,65258.593.93$205,021
Oct 20251,03139,52459.383.30$191,841
Sep 20251,02138,86362.743.08$183,636
Aug 20251,07239,22163.933.01$186,775
Jul 20251,20340,30266.743.32$213,897
Jun 20251,30238,38866.483.13$206,662
May 20251,37839,93160.553.23$212,508
Apr 20251,52442,93762.363.54$247,168
Mar 20251,83145,60167.704.27$318,598
Feb 20251,75946,98470.884.34$328,628
Jan 20251,80752,85174.324.28$360,429
Dec 20241,50348,54268.993.12$255,210
Nov 20241,45544,81869.052.20$198,997
Oct 20241,54843,36871.372.28$209,421
Sep 20241,40840,74669.612.36$194,349
Aug 20241,35142,26775.632.06$189,400
Jul 20241,44042,05079.932.15$205,363
Jun 20241,45241,18378.082.63$221,847
May 20241,84044,74678.812.20$243,382
Apr 20241,59242,77884.451.66$205,422
Mar 20241,36243,21280.301.55$176,137
Feb 20241,41337,33076.091.78$174,098
Jan 20241,52037,45373.023.30$234,498
Dec 20231,71734,94871.262.61$213,593
Nov 20231,61624,65677.892.81$195,093
Oct 20232684,84485.443.09$37,853
Sep 20231,16837,09689.042.74$205,458
Aug 20231,98758,25180.522.67$315,691
Jul 20231,71350,30574.852.64$261,114
Jun 20231,78247,95568.962.26$231,192
May 20231,85848,44670.622.23$239,121
Apr 20231,29045,87778.122.24$203,437
Mar 20231,64354,20772.852.39$249,419
Feb 20232,84571,19375.112.47$389,227
Jan 20232,93372,36276.533.39$469,605
Dec 20223,25170,84776.415.73$654,297
Nov 20222,90261,95385.005.65$596,469
Oct 20222,89364,20987.185.86$628,718
Sep 20223,51188,30784.888.16$1,018,924
Aug 20225,044114,81894.529.13$1,524,721
Jul 20224,787115,734101.587.54$1,359,139
Jun 20225,177116,669115.097.98$1,526,513
May 20226,136130,835109.378.43$1,774,431
Apr 20227,195103,837104.226.84$1,459,859
Mar 20229,095141,520108.885.08$1,708,676
Feb 20229,842137,80791.054.86$1,565,696
Jan 202214,349104,46181.844.54$1,648,333
Dec 202117,87073,53071.323.90$1,561,191
Nov 202120,17054,68877.435.24$1,848,156
Oct 202113,971122,63879.795.71$1,815,484
Sep 20210069.865.35$0
Aug 20210066.024.22$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         1,250 bbl  × $106.41 =   $133,013
Gas               50,337 Mcf  × $  3.05 =   $153,318

────────────────────────────────────────────────────
Month total                                 $286,331

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/292025 is the state's own key, not one this site invented.