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FAYE-FAYE WEST

Operated by HALCON OPERATING CO., INC. (P-5 344412) 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 292520District 08Field 71052900Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$17.6 M
Nov 2018 – May 2026
Value, last 12 filed months
$1.1 M
at the published price for each month
Months reported
91
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
CondensateDisposition234,444 bbl$13,618,231
GasProduction1,142,429 Mcf$3,963,341
Total$17,581,572

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 31.0270, -103.1960. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.02703, -103.19602 · 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
10,136 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 10,136 ft.

Completions filed
Nov 2018
1 of 1 wells

1 well

42-371395411H10,136 ftNov 2018——

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 (91)

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

91 months

May 202665212,840106.413.05$108,488
Apr 202673311,90598.932.87$106,680
Mar 202674812,12389.753.15$105,314
Feb 202665111,13863.503.75$83,110
Jan 202667111,65059.138.00$132,852
Dec 202569612,22856.664.41$93,402
Nov 202570711,85258.593.93$87,959
Oct 202573211,79059.383.30$82,430
Sep 202567811,31262.743.08$77,344
Aug 202570111,24163.933.01$78,704
Jul 202573110,54166.743.32$83,732
Jun 20258009,92666.483.13$84,240
May 202573810,51560.553.23$78,674
Apr 202584810,16362.363.54$88,890
Mar 202577111,03667.704.27$99,302
Feb 20256989,85770.884.34$92,262
Jan 202568811,04474.324.28$98,386
Dec 202474811,67068.993.12$88,031
Nov 202476012,18069.052.20$79,255
Oct 202465711,63671.372.28$73,436
Sep 202472811,64769.612.36$78,214
Aug 202482212,22175.632.06$87,387
Jul 202477612,98879.932.15$89,906
Jun 202474312,55678.082.63$91,086
May 202476214,19178.812.20$91,251
Apr 202485713,54084.451.66$94,839
Mar 202485913,47380.301.55$89,795
Feb 202489412,64276.091.78$90,573
Jan 202491013,67673.023.30$111,547
Dec 202390914,16071.262.61$101,743
Nov 20231,12913,07777.892.81$124,652
Oct 202398412,69985.443.09$123,278
Sep 202391812,92789.042.74$117,095
Aug 202390013,81880.522.67$109,402
Jul 20231,08213,67674.852.64$117,117
Jun 20231,06412,74668.962.26$102,160
May 20231,16313,09270.622.23$111,292
Apr 20231,05013,61678.122.24$112,495
Mar 20231,24214,31072.852.39$124,726
Feb 20231,16513,38675.112.47$120,509
Jan 20231,27115,81376.533.39$150,840
Dec 20222,41214,13976.415.73$265,304
Nov 20224814,71885.005.65$87,181
Oct 20221,41014,63587.185.86$208,740
Sep 20221,51414,39584.888.16$246,024
Aug 20221,20815,43894.529.13$255,085
Jul 20221,58414,874101.587.54$273,084
Jun 20221,3129,902115.097.98$229,988
May 20221,4169,823109.378.43$237,706
Apr 20221,50311,573104.226.84$235,774
Mar 20221,56910,203108.885.08$222,627
Feb 20221,40110,22691.054.86$177,248
Jan 20221,85512,09181.844.54$206,678
Dec 20211,93211,35771.323.90$182,073
Nov 20211,78811,05077.435.24$196,312
Oct 20212,03213,75479.795.71$240,722
Sep 20212,23714,60869.865.35$234,443
Aug 20211,89912,15266.024.22$176,661
Jul 20212,04813,92070.783.98$200,388
Jun 20212,25313,79769.493.38$203,203
May 20212,61714,27063.483.02$209,189
Apr 20212,52514,36860.362.76$192,042
Mar 20212,82114,33761.302.72$211,880
Feb 20212,41312,51257.805.55$208,887
Jan 20213,18716,56750.412.81$207,214
Dec 20203,45917,40044.642.68$200,963
Nov 20203,75816,71638.772.71$190,941
Oct 20203,55917,44636.972.48$174,815
Sep 20203,76917,00437.091.99$173,648
Aug 20204,25012,89739.982.39$200,676
Jul 20205,14516,57438.371.83$227,663
Jun 20204,2377,00134.901.69$159,705
May 2020613816.921.81$352
Apr 20204,63215,09514.751.80$95,559
Mar 20205,17715,70630.341.86$186,224
Feb 20205,25314,92949.881.98$291,589
Jan 20205,69414,90657.252.09$357,206
Dec 20195,93414,16759.012.30$382,811
Nov 20196,21613,35555.302.75$380,480
Oct 20196,59113,53753.472.42$385,161
Sep 20196,83511,71955.052.66$407,407
Aug 20197,23712,30753.112.30$412,717
Jul 20197,77111,88856.272.46$466,519
Jun 20197,93810,18352.782.49$444,336
May 20199,02613,05858.482.74$563,624
Apr 20199,09710,41562.632.75$598,394
Mar 20199,2339,91156.803.06$554,783
Feb 20198,0008,27950.852.79$429,917
Jan 20199,65311,69346.033.23$482,075
Dec 201811,27413,15446.594.19$580,311
Nov 20181,0801,34152.934.24$62,847

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           652 bbl  × $106.41 =    $69,379
Gas               12,840 Mcf  × $  3.05 =    $39,109

────────────────────────────────────────────────────
Month total                                 $108,488

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/292520 is the state's own key, not one this site invented.