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 292603District 08Field 71052900CondensateGasSave
Value, all time
$34.0 M
Feb 2021 – May 2026
Value, last 12 filed months
$2.2 M
at the published price for each month
Months reported
64
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
CondensateDisposition351,395 bbl$26,767,482
GasProduction1,764,802 Mcf$7,200,545
Total$33,968,027

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 31.6487, -103.1423. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.64866, -103.14230 · 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
10,833 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 10,833 ft.

Completions filed
Feb 2021
1 of 1 wells

1 well

42-475380288706H10,833 ftFeb 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 (64)

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

64 months

May 202693010,581106.413.05$131,189
Apr 20262,84530,24298.932.87$368,242
Mar 20262,57226,41089.753.15$314,014
Feb 20262,91027,22363.503.75$286,880
Jan 20264,64732,78559.138.00$536,989
Dec 20254191356.664.41$6,352
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20255725,50063.933.01$53,149
Jul 20252,35725,59666.743.32$242,162
Jun 20252,40324,44766.483.13$236,239
May 20252,31025,47860.553.23$222,224
Apr 20252,74226,42262.363.54$264,607
Mar 20253,02826,63567.704.27$318,682
Feb 20252,25619,92870.884.34$246,410
Jan 20253,08725,63574.324.28$339,110
Dec 20242,79522,65568.993.12$263,542
Nov 20242,48221,23069.052.20$218,055
Oct 20242,79722,33871.372.28$250,584
Sep 20242,84624,08269.612.36$255,049
Aug 20243,02823,01675.632.06$276,504
Jul 20242,91420,16979.932.15$276,211
Jun 20242,95418,15378.082.63$278,463
May 20243,12322,95378.812.20$296,584
Apr 20243,14223,41984.451.66$304,199
Mar 20243,21723,12180.301.55$294,050
Feb 20243,44726,75676.091.78$310,005
Jan 20243,47628,58273.023.30$348,071
Dec 20233,76729,89671.262.61$346,487
Nov 20233,68628,02277.892.81$365,776
Oct 20233,66926,90385.443.09$396,536
Sep 20233,80425,70089.042.74$408,999
Aug 20233,12422,16180.522.67$310,778
Jul 20233,93531,47074.852.64$377,672
Jun 20233,71826,81068.962.26$316,943
May 20234,03925,61470.622.23$342,287
Apr 20234,26728,35778.122.24$396,794
Mar 20234,61130,81772.852.39$409,661
Feb 20234,16726,89075.112.47$379,286
Jan 20234,92933,48276.533.39$490,644
Dec 20225,01633,12276.415.73$573,031
Nov 20225,16330,37485.005.65$610,353
Oct 20224,71028,30087.185.86$576,562
Sep 20225,72534,53684.888.16$767,879
Aug 20225,68833,03594.529.13$839,145
Jul 20226,21035,898101.587.54$901,557
Jun 20225,98729,460115.097.98$924,052
May 20226,82234,081109.378.43$1,033,529
Apr 20227,03137,058104.226.84$986,159
Mar 20227,98239,074108.885.08$1,067,435
Feb 20227,87435,00991.054.86$887,031
Jan 20229,63440,64181.844.54$972,862
Dec 202111,00344,12571.323.90$956,783
Nov 202110,35840,67777.435.24$1,015,039
Oct 202113,14744,60879.795.71$1,303,883
Sep 202112,57738,53569.865.35$1,084,827
Aug 202113,26137,94466.024.22$1,035,637
Jul 202114,82146,64070.783.98$1,234,755
Jun 202119,46845,30069.493.38$1,505,973
May 202114,18334,11563.483.02$1,003,285
Apr 202125,58353,54360.362.76$1,691,884
Mar 202120,88544,39961.302.72$1,400,880
Feb 20211,6303,93757.805.55$116,056

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           930 bbl  × $106.41 =    $98,961
Gas               10,581 Mcf  × $  3.05 =    $32,228

────────────────────────────────────────────────────
Month total                                 $131,189

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/292603 is the state's own key, not one this site invented.