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STATE MERCURY 7

Operated by EOG RESOURCES, INC. (P-5 253162) 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 293606District 08Field 71052900Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$27.6 M
Apr 2015 – May 2026
Value, last 12 filed months
$42 k
at the published price for each month
Months reported
133
1 month not filed
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
CondensateDisposition461,904 bbl$24,034,043
GasProduction1,161,881 Mcf$3,569,887
Total$27,603,931

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 32.0001, -103.6612. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

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
11,934 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 11,934 ft.

Completions filed
Apr 2015
1 of 1 wells

1 well

42-301320746H11,934 ftApr 2015——

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 (133)

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

133 months

May 202658479106.413.05$7,631
Apr 202632863498.932.87$34,268
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 202521070.884.34$185
Jan 202584874.324.28$6,277
Dec 20245191,33468.993.12$39,970
Nov 202456494869.052.20$41,028
Oct 20245551,39171.372.28$42,784
Sep 20245891,27569.612.36$44,015
Aug 20247991,80875.632.06$64,159
Jul 20247611,82379.932.15$64,740
Jun 20246911,86878.082.63$58,874
May 20246021,86078.812.20$51,533
Apr 20243821,15984.451.66$34,183
Mar 20244381,22780.301.55$37,067
Feb 20245751,51976.091.78$46,461
Jan 20244971,59673.023.30$41,554
Dec 20234311,16771.262.61$33,760
Nov 202328964877.892.81$24,330
Oct 20232731,14885.443.09$26,869
Sep 20235122,19689.042.74$51,595
Aug 20235541,72880.522.67$49,227
Jul 20237061,18474.852.64$55,972
Jun 20236051,06368.962.26$44,122
May 20233921,01170.622.23$29,935
Apr 20233621,43078.122.24$31,479
Mar 20235112,37072.852.39$42,898
Feb 20236592,74075.112.47$56,253
Jan 20231,7638,09376.533.39$162,339
Dec 20221,7997,96876.415.73$183,111
Nov 20221,7237,53885.005.65$189,016
Oct 20221,8247,32687.185.86$201,974
Sep 20221,4264,17084.888.16$155,081
Aug 20221,4194,10094.529.13$171,545
Jul 20221,6216,545101.587.54$214,024
Jun 20221,7957,932115.097.98$269,862
May 20221,6636,794109.378.43$239,176
Apr 20221,0127,241104.226.84$154,982
Mar 20221,7747,497108.885.08$231,211
Feb 20221,7686,77091.054.86$193,871
Dec 20211,9809,80971.323.90$179,460
Nov 20211,5277,67177.435.24$158,407
Oct 20211,7868,19879.795.71$189,347
Sep 20211,3776,30869.865.35$129,951
Aug 20211,7277,64166.024.22$146,266
Jul 20211,6067,79270.783.98$144,701
Jun 20211,7238,02969.493.38$146,874
May 20212,0069,03663.483.02$154,609
Apr 20211,8978,63860.362.76$138,330
Mar 20212,1809,36361.302.72$159,073
Feb 20211,5807,27657.805.55$131,691
Jan 20211,9478,79350.412.81$122,859
Dec 20201,9089,65744.642.68$111,010
Nov 20201,9748,79238.772.71$100,328
Oct 20201,9229,21136.972.48$93,885
Sep 20201,91510,10037.091.99$91,137
Aug 20202,09011,73039.982.39$111,535
Jul 20202,25812,23438.371.83$108,968
Jun 20202,07812,27634.901.69$93,272
May 20202,22012,95216.921.81$61,067
Apr 20202,50712,53614.751.80$59,598
Mar 20203,08112,68830.341.86$117,029
Feb 20202,87812,95949.881.98$169,222
Jan 20203,05913,92757.252.09$204,301
Dec 20193,14114,55759.012.30$218,895
Nov 20193,41115,95055.302.75$232,502
Oct 20193,49215,28553.472.42$223,685
Sep 20193,21415,41855.052.66$217,901
Aug 20192,69013,43153.112.30$173,816
Jul 20193,07713,71556.272.46$206,883
Jun 20192,91012,65052.782.49$185,103
May 20193,32413,95458.482.74$232,626
Apr 20193,20612,97462.632.75$236,479
Mar 20191,4613,99856.803.06$95,227
Feb 201947250.852.79$2,396
Jan 20196422,44646.033.23$37,447
Dec 20181,0662,78646.594.19$61,326
Nov 20181,6106,11452.934.24$111,124
Oct 20182,87010,97561.443.40$213,627
Sep 20183,70913,55159.543.11$262,950
Aug 20183,87214,37659.403.07$274,082
Jul 20182,9769,34665.142.93$221,258
Jun 20183,4276,26960.183.08$225,526
May 20183,2658,32165.382.90$237,603
Apr 20181,9974,13463.842.90$139,480
Mar 20182,0081,67161.222.79$127,587
Feb 2018127361.782.77$7,854
Jan 20181,9436,67062.874.01$148,899
Dec 20173,82610,56057.272.92$249,966
Nov 20173,0436,82255.423.12$189,917
Oct 20174,07211,43049.292.98$234,812
Sep 20174,23414,16847.523.09$244,940
Aug 20175,02615,69945.373.00$275,196
Jul 20175,00416,09643.873.09$269,218
Jun 20174,88714,52142.493.09$252,479
May 20175,51416,20045.373.26$303,037
Apr 20175,73717,80447.933.21$332,154
Mar 20176,30218,53046.772.98$350,032
Feb 20175,87817,05850.452.95$346,911
Jan 20176,01015,58749.413.42$350,243
Dec 20163,1389,65848.763.72$188,964
Nov 20166,89718,99342.492.64$343,278
Oct 20168,87422,92846.193.09$480,744
Sep 20169,29622,98541.553.10$457,517
Aug 201612,26527,09241.442.92$587,488
Jul 201612,93322,38541.622.92$603,733
Jun 201614,04132,39845.352.69$723,775
May 201616,73138,07742.521.99$787,215
Apr 201618,87142,84336.561.99$775,226
Mar 20161,4313,61833.011.79$53,728
Feb 2016184926.472.06$578
Jan 201604527.352.36$106
Dec 20150032.362.00$0
Nov 20154038.792.17$155
Oct 2015141043.552.43$6,141
Sep 20151,8831,71742.992.76$85,686
Aug 201513,72314,44340.162.87$592,603
Jul 201525,49927,44248.152.95$1,308,596
Jun 201532,24736,74956.152.88$1,916,611
May 201543,59447,13155.212.96$2,546,118
Apr 201539,74945,04349.822.71$2,102,207

Not filed, and not zero: Jan 2022. The Railroad Commission holds no report for those months, so this page shows none — a zero would state that the lease produced nothing.

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            58 bbl  × $106.41 =     $6,172
Gas                  479 Mcf  × $  3.05 =     $1,459

────────────────────────────────────────────────────
Month total                                   $7,631

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/293606 is the state's own key, not one this site invented.