Z&T 32

Operated by LRR PECOS VALLEY, LLC (P-5 511724) 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 292978District 08Field 71052900CondensateGasSave
Value, all time
$43.5 M
Feb 2018 – May 2026
Value, last 12 filed months
$2.2 M
at the published price for each month
Months reported
100
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
CondensateDisposition635,052 bbl$37,343,301
GasProduction1,830,797 Mcf$6,158,330
Total$43,501,630

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 31.9129, -103.6835. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.91286, -103.68346 · 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
11,772 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 11,772 ft.

Completions filed
Nov 2018
1 of 1 wells

1 well

42-30133682A00111,772 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 (100)

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

100 months

May 20261,9475,828106.413.05$224,931
Apr 20262,20511,29098.932.87$250,540
Mar 20262,6238,58189.753.15$262,440
Feb 20262,3804,99963.503.75$169,878
Jan 20261,8225,00759.138.00$147,780
Dec 20252,1205,72856.664.41$145,399
Nov 20252,2187,82758.593.93$160,685
Oct 20252,3328,83259.383.30$167,663
Sep 20252,31311,32662.743.08$179,967
Aug 20252,12410,07463.933.01$166,158
Jul 20252,18211,60166.743.32$184,086
Jun 20251,92811,58666.483.13$164,423
May 20252,47013,20560.553.23$192,241
Apr 20252,7206,17662.363.54$191,502
Mar 20252,88810,43167.704.27$240,040
Feb 20252,63510,47870.884.34$232,252
Jan 20252,84911,34874.324.28$260,292
Dec 20243,00611,06668.993.12$241,925
Nov 20243,43713,40869.052.20$266,802
Oct 20244,67113,72371.372.28$364,677
Sep 20244,55810,82269.612.36$342,869
Aug 20242,1206,13275.632.06$172,990
Jul 20246203,50779.932.15$57,085
Jun 20246495,44678.082.63$65,019
May 20247123,94878.812.20$64,792
Apr 20247583,27084.451.66$69,439
Mar 20249331,16980.301.55$76,726
Feb 20241,3981,08076.091.78$108,300
Jan 20241,6803,15673.023.30$133,081
Dec 20231,1263,71471.262.61$89,935
Nov 20239711,79477.892.81$80,668
Oct 20238493,96085.443.09$84,764
Sep 20231,0266,82489.042.74$110,019
Aug 20232161,83980.522.67$22,308
Jul 20232,48416,25474.852.64$228,867
Jun 20233,30916,04068.962.26$264,415
May 20231,9748,29170.622.23$157,871
Apr 20232,45810,36378.122.24$215,209
Mar 20232,08811,32972.852.39$179,223
Feb 20232,57910,39975.112.47$219,349
Jan 20233,71616,09776.533.39$338,918
Dec 20223,68716,43876.415.73$375,898
Nov 20223,72518,65985.005.65$421,977
Oct 20223,73220,87587.185.86$447,762
Sep 20223,69621,89184.888.16$492,428
Aug 20223,52217,97694.529.13$496,969
Jul 20223,77713,981101.587.54$489,113
Jun 20223,22516,519115.097.98$502,941
May 20223,89717,975109.378.43$577,799
Apr 20224,31116,839104.226.84$564,431
Mar 20224,68215,748108.885.08$589,719
Feb 20224,1459,82791.054.86$425,150
Jan 2022013,96081.844.54$63,346
Dec 20215,28617,90071.323.90$446,792
Nov 20215,30416,75177.435.24$498,411
Oct 20216,45019,09979.795.71$623,775
Sep 20215,60928,50269.865.35$544,357
Aug 20213,58315,98366.024.22$304,007
Jul 20216,56615,50170.783.98$526,468
Jun 20215,95621,38069.493.38$486,160
May 20217,27825,23863.483.02$538,167
Apr 20217,78023,81960.362.76$535,304
Mar 20217,79821,55061.302.72$536,567
Feb 20215,37116,02857.805.55$399,366
Jan 20217,80117,84450.412.81$443,395
Dec 20208,15522,98844.642.68$425,543
Nov 20208,16722,42938.772.71$377,340
Oct 20209,48720,87136.972.48$402,462
Sep 20209,76121,74437.091.99$405,329
Aug 202010,70526,16039.982.39$490,380
Jul 202011,31627,91138.371.83$485,136
Jun 202011,25927,22534.901.69$438,958
May 202011,46531,28116.921.81$250,755
Apr 20207,68418,04614.751.80$145,901
Mar 202011,35329,53830.341.86$399,279
Feb 202011,48029,09949.881.98$630,258
Jan 202012,60627,08557.252.09$778,430
Dec 201913,24829,78559.012.30$850,400
Nov 201913,24332,16755.302.75$820,820
Oct 201914,88632,14553.472.42$873,698
Sep 201914,12229,46755.052.66$855,718
Aug 201912,08537,29253.112.30$727,769
Jul 201912,50240,37256.272.46$802,805
Jun 201913,06537,89952.782.49$783,985
May 201916,60746,72458.482.74$1,099,216
Apr 201917,52450,61462.632.75$1,236,752
Mar 201918,67550,84056.803.06$1,216,417
Feb 201915,54944,09650.852.79$913,792
Jan 201917,15634,28946.033.23$900,382
Dec 201817,25138,32246.594.19$964,119
Nov 20188,28016,05052.934.24$506,268
Oct 201823,71055,96861.443.40$1,646,926
Sep 20189,62617,74959.543.11$628,296
Aug 201812,09021,67559.403.07$784,614
Jul 201810,22423,31765.142.93$734,354
Jun 201810,71824,55460.183.08$720,560
May 201811,57526,02465.382.90$832,264
Apr 201813,84732,33263.842.90$977,781
Mar 201811,33626,38261.222.79$767,512
Feb 20182012661.782.77$1,584

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         1,947 bbl  × $106.41 =   $207,180
Gas                5,828 Mcf  × $  3.05 =    $17,751

────────────────────────────────────────────────────
Month total                                 $224,931

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/292978 is the state's own key, not one this site invented.