SEALY RANCH

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 292588District 08Field 71052900CondensateGasSave
Value, all time
$30.6 M
Mar 2021 – May 2026
Value, last 12 filed months
$2.5 M
at the published price for each month
Months reported
63
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
CondensateDisposition306,655 bbl$23,436,905
GasProduction1,767,876 Mcf$7,156,151
Total$30,593,056

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 31.6215, -103.1375. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.62148, -103.13753 · 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
11,063 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 11,063 ft.

Completions filed
Mar 2021
1 of 1 wells

1 well

42-475380278803H11,063 ftMar 2021

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 (63)

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

63 months

May 20261,05315,051106.413.05$157,893
Apr 20261,21923,54098.932.87$188,149
Mar 20261,35424,12989.753.15$197,514
Feb 20261,43726,23263.503.75$189,628
Jan 20261,76229,71959.138.00$341,877
Dec 20251,70931,68056.664.41$236,647
Nov 20251,82230,13658.593.93$225,078
Oct 20251,76325,38159.383.30$188,567
Sep 20251,94826,13162.743.08$202,621
Aug 20252,11223,87063.933.01$206,982
Jul 20251,79221,02966.743.32$189,313
Jun 20252,12221,96566.483.13$209,793
May 20252,08623,16260.553.23$201,174
Apr 20252,28123,62562.363.54$225,949
Mar 20252,62923,85267.704.27$279,791
Feb 20251,46716,04170.884.34$173,612
Jan 20252,64524,43674.324.28$301,130
Dec 20242,51421,00868.993.12$239,015
Nov 20241,88316,47669.052.20$166,243
Oct 20241,82516,24471.372.28$167,309
Sep 20242,01819,73169.612.36$187,124
Aug 20241,99019,55775.632.06$190,862
Jul 20242,51323,45379.932.15$251,208
Jun 20242,39820,10278.082.63$240,184
May 20242,57224,36978.812.20$256,273
Apr 20242,66624,10684.451.66$265,140
Mar 20242,90723,10280.301.55$269,128
Feb 20242,82425,17376.091.78$259,778
Jan 20243,06527,91273.023.30$315,851
Dec 20233,12928,77571.262.61$298,096
Nov 20233,11328,15877.892.81$321,527
Oct 20233,20226,87785.443.09$356,556
Sep 20233,43226,73289.042.74$378,698
Aug 20233,07925,26580.522.67$315,451
Jul 20233,58433,85374.852.64$357,695
Jun 20233,32427,39068.962.26$291,083
May 20233,68329,05970.622.23$324,819
Apr 20233,80831,44378.122.24$367,843
Mar 20234,13434,45772.852.39$383,623
Feb 20233,71023,49875.112.47$336,597
Jan 20234,20731,22776.533.39$427,750
Dec 20224,32529,37876.415.73$498,782
Nov 20224,59528,37085.005.65$550,758
Oct 20224,42127,19487.185.86$544,882
Sep 20225,02431,10884.888.16$680,393
Aug 20225,33432,65794.529.13$802,235
Jul 20225,79832,438101.587.54$833,611
Jun 20225,50828,122115.097.98$858,251
May 20226,42434,694109.378.43$995,169
Apr 20226,62635,539104.226.84$933,563
Mar 20227,46936,559108.885.08$998,813
Feb 20227,18330,59491.054.86$802,664
Jan 20228,53736,55581.844.54$864,543
Dec 202110,15741,36971.323.90$885,700
Nov 20216,89123,91577.435.24$658,809
Oct 202111,57644,80879.795.71$1,179,676
Sep 202113,32346,76169.865.35$1,180,959
Aug 202112,77138,94966.024.22$1,007,529
Jul 202114,99940,35170.783.98$1,222,310
Jun 202117,51142,42869.493.38$1,360,272
May 202116,07935,37863.483.02$1,127,454
Apr 202120,49536,67560.362.76$1,338,243
Mar 20218,82816,08861.302.72$584,867

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         1,053 bbl  × $106.41 =   $112,050
Gas               15,051 Mcf  × $  3.05 =    $45,843

────────────────────────────────────────────────────
Month total                                 $157,893

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/292588 is the state's own key, not one this site invented.