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 293632District 08Field 71052900Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$21.2 M
Dec 2016 – May 2026
Value, last 12 filed months
$387 k
at the published price for each month
Months reported
113
1 month not filed
Streams
2
condensate, gas

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
CondensateDisposition322,162 bbl$17,191,753
GasProduction1,247,453 Mcf$4,007,772
Total$21,199,525

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 31.9858, -103.6545. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.98585, -103.65447 · 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
11,931 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 11,931 ft.

Completions filed
Dec 2016
1 of 1 wells

1 well

42-3013290115H11,931 ftDec 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 (113)

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

113 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20261667489.753.15$3,559
Feb 20262,28311,58863.503.75$188,429
Jan 2026921159.138.00$54,467
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20257059.383.30$416
Sep 202510419162.743.08$7,113
Aug 20255232,27863.933.01$40,303
Jul 20255702,28166.743.32$45,604
Jun 20256022,30866.483.13$47,242
May 20255712,38560.553.23$42,283
Apr 20255902,26462.363.54$44,814
Mar 20255222,12567.704.27$44,410
Feb 20254641,78570.884.34$40,637
Jan 20255272,03274.324.28$47,861
Dec 20244892,21668.993.12$40,653
Nov 20245462,10769.052.20$42,333
Oct 20244432,32871.372.28$36,928
Sep 20245222,13769.612.36$41,389
Aug 20245032,07575.632.06$42,324
Jul 20244161,82279.932.15$37,162
Jun 20244431,90578.082.63$39,607
May 20244151,82678.812.20$36,721
Apr 20243381,43084.451.66$30,917
Mar 20243471,41680.301.55$30,052
Feb 20243111,08076.091.78$25,590
Jan 20243971,26473.023.30$33,157
Dec 20233651,45871.262.61$29,816
Nov 20231131277.892.81$8,835
Oct 20236861,55585.443.09$63,413
Sep 20234031,75989.042.74$40,694
Aug 20234421,77080.522.67$40,321
Jul 20234201,65574.852.64$35,809
Jun 20234161,81268.962.26$32,780
May 20234582,13570.622.23$37,099
Apr 20235222,62178.122.24$46,644
Mar 20238814,57672.852.39$75,132
Feb 20235712,84275.112.47$49,895
Jan 20238724,22976.533.39$81,061
Dec 20228864,24276.415.73$92,002
Nov 20229274,33985.005.65$103,294
Oct 20221,0624,89187.185.86$121,265
Sep 20227714,67784.888.16$103,624
Aug 20225824,07194.529.13$92,167
Jul 20227914,408101.587.54$113,595
Jun 20228174,448115.097.98$129,511
May 20227894,648109.378.43$125,490
Apr 20227954,810104.226.84$115,744
Mar 20228194,848108.885.08$113,783
Feb 20226184,46791.054.86$77,973
Dec 20218787,17171.323.90$90,580
Nov 20218476,44477.435.24$99,329
Oct 20219938,24079.795.71$126,314
Sep 20211,1908,09169.865.35$126,428
Aug 20211,98311,99766.024.22$181,552
Jul 20211,95712,60470.783.98$188,707
Jun 20212,14212,83469.493.38$192,234
May 20212,27113,43663.483.02$184,708
Apr 20212,05113,38360.362.76$160,714
Mar 20212,67314,05761.302.72$202,047
Feb 20211,98710,86857.805.55$175,144
Jan 20212,49812,66650.412.81$161,519
Dec 20202,26112,41344.642.68$134,142
Nov 20202,24111,31038.772.71$117,495
Oct 20202,37411,56136.972.48$116,420
Sep 20202,17712,23437.091.99$105,103
Aug 20202,59216,87339.982.39$143,872
Jul 20202,65116,02338.371.83$130,963
Jun 20202,18712,82134.901.69$97,998
May 20202,65412,00016.921.81$66,683
Apr 20203,00112,22314.751.80$66,320
Mar 20203,27113,24930.341.86$123,835
Feb 20203,05611,72949.881.98$175,665
Jan 20203,1109,53457.252.09$198,019
Dec 20193,0959,52359.012.30$204,580
Nov 20193,13010,12655.302.75$200,943
Oct 20193,04710,18453.472.42$187,554
Sep 20192,79510,68555.052.66$182,258
Aug 20192,7918,18453.112.30$167,089
Jul 20192,8074,91056.272.46$170,029
Jun 20192,4777,94052.782.49$150,516
May 20192,6499,68858.482.74$181,462
Apr 20192,2728,78962.632.75$166,471
Mar 20192,5823,20756.803.06$156,478
Feb 20194,5535,31450.852.79$246,358
Jan 20194,11536446.033.23$190,589
Dec 20184,9611,26946.594.19$236,444
Nov 20182,67921,12952.934.24$231,328
Oct 20183,66228,38161.443.40$321,434
Sep 20183,69521,52259.543.11$286,891
Aug 20183,52217,43759.403.07$262,678
Jul 20183,60718,02865.142.93$287,816
Jun 20183,89919,46960.183.08$294,546
May 20184,06918,80965.382.90$320,592
Apr 20184,25320,93863.842.90$332,248
Mar 20185,11732,84561.222.79$404,797
Feb 20184,32326,48161.782.77$340,325
Jan 20185,66729,06662.874.01$472,819
Dec 20175,45028,20057.272.92$394,508
Nov 20176,22927,67455.423.12$431,509
Oct 20176,53821,95749.292.98$387,771
Sep 20175,40121,68747.523.09$323,609
Aug 20178,30034,77545.373.00$481,049
Jul 20178,52833,70043.873.09$478,165
Jun 20179,69336,61542.493.09$524,896
May 201711,51536,63745.373.26$641,997
Apr 201713,05340,90447.933.21$756,998
Mar 201716,23545,79746.772.98$895,955
Feb 201719,01950,31450.452.95$1,108,066
Jan 201727,45765,79049.413.42$1,581,573
Dec 201618,05647,56348.763.72$1,057,480

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.

Mar 2026 — as filed, then multipliedworked
Condensate            16 bbl  × $ 89.75 =     $1,436
Gas                  674 Mcf  × $  3.15 =     $2,123

────────────────────────────────────────────────────
Month total                                   $3,559

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/293632 is the state's own key, not one this site invented.