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 292980District 08Field 71052900CondensateGasSave
Value, all time
$32.7 M
Feb 2018 – May 2026
Value, last 12 filed months
$1.5 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
CondensateDisposition451,318 bbl$27,030,744
GasProduction1,632,716 Mcf$5,676,168
Total$32,706,912

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 31.9128, -103.6780. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.91281, -103.67804 · 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
11,835 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 11,835 ft.

Completions filed
Nov 2018
1 of 1 wells

1 well

42-30133686C00111,835 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 20261,2397,589106.413.05$154,957
Apr 20261,24014,79298.932.87$165,122
Mar 20261,40810,09589.753.15$158,162
Feb 20261,4925,52263.503.75$115,451
Jan 20261,1446,04259.138.00$115,968
Dec 20251,4496,78656.664.41$112,049
Nov 20251,4527,87858.593.93$116,005
Oct 20251,0938,40459.383.30$92,676
Sep 202592810,48362.743.08$90,478
Aug 20251,04210,60363.933.01$98,581
Jul 20251,27011,64466.743.32$123,362
Jun 20251,29312,07766.483.13$123,744
May 20251,25815,84560.553.23$127,388
Apr 20251,3088,11062.363.54$110,302
Mar 20251,10812,67867.704.27$129,125
Feb 20251,0189,54170.884.34$113,572
Jan 20251,3129,91574.324.28$139,931
Dec 20241,4228,89268.993.12$125,859
Nov 20241,5299,42169.052.20$126,289
Oct 20241,76011,99071.372.28$152,965
Sep 20241,91310,10269.612.36$157,049
Aug 20241,83212,58075.632.06$164,515
Jul 20241,93714,00779.932.15$184,892
Jun 20242,00611,42878.082.63$186,730
May 20242,14011,67978.812.20$194,329
Apr 20242,1556,32684.451.66$192,486
Mar 20242,0605,78880.301.55$174,361
Feb 20242,6332,76976.091.78$205,284
Jan 20242,2664,65973.023.30$180,827
Dec 20231,9667,94071.262.61$160,826
Nov 20231,4455,78277.892.81$128,784
Oct 20231,0814,39285.443.09$105,920
Sep 20231,4627,46189.042.74$150,583
Aug 20238846,67680.522.67$89,024
Jul 20232,34115,51074.852.64$216,198
Jun 20231,55713,26268.962.26$137,323
May 20231,73517,29170.622.23$161,040
Apr 20231,61214,60278.122.24$158,605
Mar 20231,81615,29872.852.39$168,906
Feb 20231,98513,90675.112.47$183,381
Jan 20232,17015,46376.533.39$218,454
Dec 20221,99916,05476.415.73$244,718
Nov 20222,08617,02685.005.65$273,442
Oct 20222,15611,13387.185.86$253,241
Sep 20221,82315,66684.888.16$282,628
Aug 20222,00920,05894.529.13$372,963
Jul 20221,95216,541101.587.54$323,038
Jun 20222,13518,246115.097.98$391,269
May 20222,50921,774109.378.43$458,030
Apr 20222,86820,724104.226.84$440,605
Mar 20223,30519,033108.885.08$456,468
Feb 20222,99613,78391.054.86$339,755
Jan 2022017,94081.844.54$81,406
Dec 20213,29420,27071.323.90$313,963
Nov 20213,12619,23977.435.24$342,798
Oct 20213,53520,85079.795.71$401,192
Sep 20213,31924,23769.865.35$361,556
Aug 20213,23724,99766.024.22$319,209
Jul 20213,31926,59070.783.98$340,802
Jun 20211,6117,19669.493.38$136,275
May 20214,67811,80063.483.02$332,568
Apr 20216,41420,15760.362.76$442,751
Mar 20217,29414,24861.302.72$485,833
Feb 20216,90220,74457.805.55$514,022
Jan 20219,50923,24050.412.81$544,659
Dec 20207,29812,71844.642.68$359,809
Nov 20206,91714,51838.772.71$307,466
Oct 20205,08113,65436.972.48$221,685
Sep 20201,8793,37237.091.99$76,406
Aug 20206,68710,80539.982.39$293,117
Jul 20207,41011,04138.371.83$304,473
Jun 20205,17412,45834.901.69$201,630
May 20207,00219,09116.921.81$153,119
Apr 20205,02010,77414.751.80$93,485
Mar 20207,89017,77230.341.86$272,372
Feb 20207,40417,26849.881.98$403,514
Jan 20208,07115,65557.252.09$494,858
Dec 20199,69720,32559.012.30$619,056
Nov 201911,86628,31255.302.75$734,068
Oct 201913,31529,50553.472.42$783,312
Sep 201911,81226,65655.052.66$721,083
Aug 201913,20935,45953.112.30$783,240
Jul 201914,39737,22056.272.46$901,683
Jun 201911,79036,93252.782.49$714,281
May 201911,56344,19458.482.74$797,310
Apr 201910,93344,78162.632.75$807,913
Mar 201911,25442,47756.803.06$769,296
Feb 20194,73319,18650.852.79$294,245
Jan 20195,11912,85346.033.23$277,119
Dec 20182,0628,01946.594.19$129,632
Nov 20185716252.934.24$3,703
Oct 201822,56056,08361.443.40$1,576,661
Sep 20188,39019,03959.543.11$558,714
Aug 20188,55022,06959.403.07$575,546
Jul 201810,21124,51465.142.93$737,017
Jun 201810,51224,26960.183.08$707,286
May 201811,57825,97165.382.90$832,306
Apr 201813,88132,04863.842.90$979,128
Mar 201811,14626,57661.222.79$756,421
Feb 20181316661.782.77$1,262

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         1,239 bbl  × $106.41 =   $131,842
Gas                7,589 Mcf  × $  3.05 =    $23,115

────────────────────────────────────────────────────
Month total                                 $154,957

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/292980 is the state's own key, not one this site invented.