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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 293631District 08Field 71052900Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$22.8 M
Feb 2016 – May 2026
Value, last 12 filed months
$323 k
at the published price for each month
Months reported
123
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
CondensateDisposition389,170 bbl$18,604,451
GasProduction1,411,962 Mcf$4,232,350
Total$22,836,801

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 31.9859, -103.6563. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.98586, -103.65633 · 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
11,951 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 11,951 ft.

Completions filed
Feb 2016
1 of 1 wells

1 well

42-3013263813H11,951 ftFeb 2016——

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 (123)

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

123 months

May 20261,4033,044106.413.05$158,565
Apr 20261,2312,47098.932.87$128,871
Mar 2026386089.753.15$34,644
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 2025016762.743.08$514
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 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 202424073.023.30$1,752
Dec 202328496771.262.61$22,762
Nov 20234231,05477.892.81$35,907
Oct 20231,72697085.443.09$150,464
Sep 20233531,36189.042.74$35,154
Aug 20233592080.522.67$28,960
Jul 20232502374.852.64$18,773
Jun 202317543268.962.26$13,044
May 20239626870.622.23$7,376
Apr 202318840478.122.24$15,591
Mar 202316683672.852.39$14,094
Feb 20234272,56075.112.47$38,384
Jan 20231,2197,14776.533.39$117,502
Dec 20221,0906,53576.415.73$120,726
Nov 20221,1866,64385.005.65$138,318
Oct 20221,2907,18387.185.86$154,582
Sep 20221,2657,46784.888.16$168,331
Aug 20228817,03594.529.13$147,482
Jul 20221,2358,910101.587.54$192,651
Jun 20221,1377,706115.097.98$192,330
May 20221,2469,177109.378.43$213,665
Apr 20221,3359,661104.226.84$205,192
Mar 20221,48210,268108.885.08$213,485
Feb 20221,5679,64491.054.86$189,534
Dec 20211,5239,03571.323.90$143,849
Nov 20211,2096,86077.435.24$129,538
Oct 20211,2868,78879.795.71$152,823
Sep 20211,3329,50069.865.35$143,887
Aug 20211,3248,92166.024.22$125,062
Jul 20211,1327,89670.783.98$111,565
Jun 20211,1867,79469.493.38$108,764
May 20211,3878,46063.483.02$113,576
Apr 20211,4348,25060.362.76$109,313
Mar 20211,6519,08061.302.72$125,876
Feb 20211,3517,40357.805.55$119,159
Jan 20211,5999,10850.412.81$106,202
Dec 20201,62310,06044.642.68$99,366
Nov 20201,6098,66138.772.71$85,823
Oct 20201,6968,67236.972.48$84,194
Sep 20201,6668,63437.091.99$78,983
Aug 20201,4268,84739.982.39$78,112
Jul 20201,4078,08538.371.83$68,743
Jun 20201,2917,99634.901.69$58,572
May 20201,80311,05316.921.81$50,565
Apr 20201,95810,90914.751.80$48,564
Mar 20203,1209,04630.341.86$111,452
Feb 20201,9848,66449.881.98$116,122
Jan 20202,20510,19257.252.09$147,586
Dec 20192,50811,71859.012.30$175,000
Nov 20192,51812,36255.302.75$173,250
Oct 20192,46111,09353.472.42$158,419
Sep 20192,38411,88755.052.66$162,826
Aug 20193,03611,67753.112.30$188,150
Jul 20192,23911,19156.272.46$153,519
Jun 20192,43810,86752.782.49$155,750
May 20192,38710,24858.482.74$167,675
Apr 20192,1569,53462.632.75$161,255
Mar 20192,0517,82556.803.06$140,458
Feb 20191,8559,50950.852.79$120,878
Jan 20191,5436,84146.033.23$93,108
Dec 20181,4813,09046.594.19$81,933
Nov 20182,1437,60552.934.24$145,653
Oct 20182,80511,99761.443.40$213,106
Sep 20182,87313,59159.543.11$213,299
Aug 20182,95613,96159.403.07$218,399
Jul 20183,03213,89765.142.93$238,249
Jun 20183,20814,71960.183.08$238,347
May 20183,39013,86165.382.90$261,846
Apr 20183,24011,96063.842.90$241,535
Mar 20183,58913,57361.222.79$257,544
Feb 20183,27010,84561.782.77$232,019
Jan 20183,74214,12262.874.01$291,879
Dec 20174,68421,29457.272.92$330,464
Nov 20174,41817,53755.423.12$299,532
Oct 20175,29018,31949.292.98$315,402
Sep 20174,81617,86547.523.09$284,011
Aug 20175,72119,82445.373.00$319,121
Jul 20175,80120,98543.873.09$319,276
Jun 20176,00020,74342.493.09$318,979
May 20176,71021,72745.373.26$375,337
Apr 20176,71922,42047.933.21$394,046
Mar 20177,39822,77546.772.98$413,958
Feb 20176,27718,85850.452.95$372,355
Jan 20175,53213,66349.413.42$320,047
Dec 20161,4682,35048.763.72$80,328
Nov 20168,47324,61642.492.64$425,111
Oct 201614,56239,40646.193.09$794,394
Sep 201615,11844,37141.553.10$765,731
Aug 201612,48754,32941.442.92$676,338
Jul 201613,65562,73741.622.92$751,785
Jun 201618,00958,85545.352.69$974,783
May 201624,17567,82842.521.99$1,162,969
Apr 201631,02582,30236.561.99$1,298,141
Mar 201647,255129,73733.011.79$1,792,637
Feb 20169,64617,58226.472.06$291,612

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         1,403 bbl  × $106.41 =   $149,293
Gas                3,044 Mcf  × $  3.05 =     $9,272

────────────────────────────────────────────────────
Month total                                 $158,565

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/293631 is the state's own key, not one this site invented.