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FAYE EAST UNIT

Operated by HALCON OPERATING CO., INC. (P-5 344412) 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 294478District 08Field 71052900Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$24.9 M
Jun 2016 – May 2026
Value, last 12 filed months
$2.3 M
at the published price for each month
Months reported
119
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
CondensateDisposition402,297 bbl$23,121,007
GasProduction529,039 Mcf$1,778,766
Total$24,899,773

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 31.0271, -103.1868. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.02706, -103.18683 · 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
10,057 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 10,057 ft.

Completions filed
Dec 2016
1 of 1 wells

1 well

42-371393811H10,057 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 (119)

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

119 months

May 20262,3126,883106.413.05$266,984
Apr 20262,1566,39498.932.87$231,642
Mar 20262,5886,54589.753.15$252,886
Feb 20262,2635,47263.503.75$164,222
Jan 20262,4665,32259.138.00$188,380
Dec 20252,6195,35756.664.41$172,035
Nov 20252,6495,37158.593.93$176,294
Oct 20252,4505,01759.383.30$162,061
Sep 20252,8975,02162.743.08$197,207
Aug 20253,2804,91963.933.01$224,520
Jul 20253,6954,79066.743.32$262,484
Jun 202510729266.483.13$8,027
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 2025019167.704.27$815
Feb 2025136270.884.34$1,642
Jan 2025791,27374.324.28$11,318
Dec 202441,27568.993.12$4,256
Nov 202441,26669.052.20$3,059
Oct 20241841,40571.372.28$16,337
Sep 20242091,04169.612.36$17,010
Aug 202443242575.632.06$33,549
Jul 202456557379.932.15$46,390
Jun 202426888378.082.63$23,251
May 20249052,12178.812.20$75,986
Apr 20247852,04984.451.66$69,693
Mar 20241,0602,37880.301.55$88,792
Feb 20241,3272,47876.091.78$105,391
Jan 20241,3862,61573.023.30$109,829
Dec 20231,5792,89571.262.61$120,078
Nov 20231,4562,99477.892.81$121,814
Oct 20231,6072,90885.443.09$146,280
Sep 20231,8163,33789.042.74$170,823
Aug 20231,3022,88880.522.67$112,556
Jul 20231,4102,93274.852.64$113,284
Jun 20231,4693,08868.962.26$108,276
May 20231,6573,53570.622.23$124,891
Apr 20231,8163,74678.122.24$150,249
Mar 20232,1283,97672.852.39$164,540
Feb 20231,9493,73875.112.47$155,606
Jan 20232,0744,23876.533.39$173,080
Dec 20222,2124,06276.415.73$192,290
Nov 20222,1763,93485.005.65$207,172
Oct 20222,3723,90687.185.86$229,695
Sep 20221,3072,37784.888.16$130,343
Aug 20221,3812,80394.529.13$156,116
Jul 20221,5433,007101.587.54$179,417
Jun 20221,8383,039115.097.98$235,778
May 20221,8933,347109.378.43$235,263
Apr 20221,9113,458104.226.84$222,809
Mar 20222,1373,662108.885.08$251,266
Feb 20222,1323,40691.054.86$210,668
Dec 20212,4013,93671.323.90$186,586
Nov 20212,4043,72677.435.24$205,654
Oct 20212,9133,83279.795.71$254,324
Sep 20212,3173,47769.865.35$180,471
Aug 20212,5903,65466.024.22$186,414
Jul 20212,6653,77070.783.98$203,641
Jun 20212,3383,82769.493.38$175,405
May 20212,9864,18863.483.02$202,189
Apr 20213,1994,61960.362.76$205,833
Mar 20213,8436,38961.302.72$252,934
Feb 20213,1834,69657.805.55$210,031
Jan 20213,8884,77750.412.81$209,419
Dec 20204,3345,40944.642.68$207,941
Nov 20205,0266,00338.772.71$211,106
Oct 20201,4651,98436.972.48$59,078
Sep 20201,24239437.091.99$46,850
Aug 20201,5431,67039.982.39$65,672
Jul 20201,8301,66138.371.83$73,249
Jun 20201,2291,38334.901.69$45,230
May 2020474416.921.81$875
Apr 20201,3421,93014.751.80$23,277
Mar 20201,3731,91030.341.86$45,202
Feb 20202,1181,89349.881.98$109,395
Jan 20202,9652,44257.252.09$174,862
Dec 20193,1862,87259.012.30$194,624
Nov 20193,0262,98555.302.75$175,549
Oct 20193,1993,43353.472.42$179,353
Sep 20193,0253,04755.052.66$174,623
Aug 20192,9003,15653.112.30$161,292
Jul 20193,3803,49856.272.46$198,798
Jun 20192,4762,02252.782.49$135,720
May 20193,6633,02858.482.74$222,510
Apr 20192,0371,73162.632.75$132,339
Mar 20194,1783,51556.803.06$248,074
Feb 20193,6622,92950.852.79$194,391
Jan 20194,6203,96646.033.23$225,462
Dec 20183,6452,75446.594.19$181,347
Nov 2018176852.934.24$1,188
Oct 20185,8364,22161.443.40$372,907
Sep 20187,3178,60459.543.11$462,395
Aug 20184,5383,42959.403.07$280,072
Jul 20186,1475,45365.142.93$416,403
Jun 20186,9206,97260.183.08$437,898
May 20189,9928,47465.382.90$677,858
Apr 201810,25510,12063.842.90$684,035
Mar 20185,1335,11561.222.79$328,497
Feb 20182,4822,16161.782.77$159,316
Jan 20186,0285,83662.874.01$402,379
Dec 20176,9707,42657.272.92$420,867
Nov 20177,7908,40955.423.12$457,944
Oct 20178,1309,32549.292.98$428,551
Sep 20178,70310,31647.523.09$445,415
Aug 20178,6549,33245.373.00$420,669
Jul 20179,39712,36643.873.09$450,424
Jun 20175,2688,39242.493.09$249,746
May 20177,91312,22645.373.26$398,911
Apr 20176,9479,89547.933.21$364,748
Mar 20172,73810,95346.772.98$160,737
Feb 20177,8857,47750.452.95$419,875
Jan 20179,2459,55149.413.42$489,448
Dec 20164,2954,88648.763.72$227,614
Nov 20164,7145,32842.492.64$214,387
Oct 20169,5279,93246.193.09$470,745
Sep 20168,20710,35341.553.10$373,102
Aug 201612,60312,85741.442.92$559,867
Jul 201614,03116,07641.622.92$630,982
Jun 201614,52117,94245.352.69$706,717

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         2,312 bbl  × $106.41 =   $246,020
Gas                6,883 Mcf  × $  3.05 =    $20,965

────────────────────────────────────────────────────
Month total                                 $266,984

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/294478 is the state's own key, not one this site invented.