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FAYE WEST 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 294479District 08Field 71052900Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$25.2 M
Feb 2016 – May 2026
Value, last 12 filed months
$1.2 M
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
CondensateDisposition419,223 bbl$21,761,980
GasProduction1,059,713 Mcf$3,470,521
Total$25,232,501

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 31.0268, -103.2003. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.02684, -103.20030 · 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
10,092 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 10,092 ft.

Completions filed
Nov 2016
1 of 1 wells

1 well

42-371393601H10,092 ftNov 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 20268186,829106.413.05$107,843
Apr 20268967,48898.932.87$110,130
Mar 20269977,02389.753.15$111,599
Feb 20269006,84963.503.75$82,836
Jan 20261,1057,50259.138.00$125,339
Dec 20251,2556,96556.664.41$101,847
Nov 20251,4466,95458.593.93$112,026
Oct 20251,6486,03659.383.30$117,806
Sep 20251,6744,47162.743.08$118,784
Aug 20251,7673,37663.933.01$123,142
Jul 20251,5061,31066.743.32$104,853
Jun 202518412366.483.13$12,617
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 20244078.812.20$315
Apr 20248287,24884.451.66$81,950
Mar 20248868,87480.301.55$84,857
Feb 20241,0218,63276.091.78$93,084
Jan 20241,0519,71273.023.30$108,771
Dec 20231,2459,81171.262.61$114,332
Nov 20238909,02577.892.81$94,660
Oct 20231,0909,18885.443.09$121,496
Sep 20239139,03489.042.74$106,002
Aug 20231,06510,43380.522.67$113,640
Jul 20231,1429,77674.852.64$111,305
Jun 20231,1329,28468.962.26$99,030
May 20239187,25370.622.23$80,984
Apr 20231,1249,25078.122.24$108,506
Mar 20231,2219,77672.852.39$112,345
Feb 20231,19610,62875.112.47$116,037
Jan 20231,38012,31976.533.39$147,345
Dec 20221,37711,98476.415.73$173,874
Nov 20221,3979,86285.005.65$174,428
Oct 20221,0024,61687.185.86$114,421
Sep 20221,0045,09184.888.16$126,781
Aug 20221,1658,11094.529.13$184,137
Jul 20221,3468,250101.587.54$198,949
Jun 20221,3227,071115.097.98$208,556
May 20221,3077,472109.378.43$205,958
Apr 20221,2467,199104.226.84$179,082
Mar 20221,4777,468108.885.08$198,726
Feb 20221,2746,48591.054.86$147,507
Dec 20211,6079,20871.323.90$150,514
Nov 20211,0605,71977.435.24$112,025
Oct 20211,66813,40579.795.71$209,684
Sep 20211,74413,65969.865.35$194,924
Aug 20211,94913,74166.024.22$186,668
Jul 20212,38411,88470.783.98$216,063
Jun 20211,6436,35869.493.38$135,666
May 20211,5477,23663.483.02$120,039
Apr 20211,9688,31960.362.76$141,736
Mar 20212,1699,41261.302.72$158,532
Feb 20211,6967,23557.805.55$138,168
Jan 20212,72611,95250.412.81$171,006
Dec 20202,71110,37344.642.68$148,772
Nov 20201,4203,74238.772.71$65,181
Oct 20202,1925,87136.972.48$95,589
Sep 20201,7745,55637.091.99$76,860
Aug 20202,2058,02139.982.39$107,287
Jul 20202,4535,66738.371.83$104,465
Jun 20202,0104,03634.901.69$76,971
May 20201235616.921.81$2,183
Apr 20202,3477,52214.751.80$48,191
Mar 20202,8368,88330.341.86$102,533
Feb 20202,7889,26749.881.98$157,420
Jan 20202,9919,61557.252.09$191,376
Dec 20193,19910,51759.012.30$213,008
Nov 20193,23510,82355.302.75$208,666
Oct 20193,1229,25253.472.42$189,310
Sep 20192,5715,67055.052.66$156,600
Aug 20192,7386,14653.112.30$159,578
Jul 20192,8346,56156.272.46$175,610
Jun 20192,9075,60652.782.49$167,397
May 20193,0845,62658.482.74$195,769
Apr 20193,2324,87062.632.75$215,816
Mar 20192,7513,70856.803.06$167,611
Feb 20192,8102,77850.852.79$150,645
Jan 20192,8213,77546.033.23$142,037
Dec 20181,6001,13046.594.19$79,274
Nov 201833523652.934.24$18,732
Oct 20184,09213,64861.443.40$297,789
Sep 20185,08515,49959.543.11$350,932
Aug 20184,78414,97259.403.07$330,082
Jul 20185,38017,93665.142.93$403,039
Jun 20185,07315,55860.183.08$353,164
May 20184,89814,37265.382.90$361,922
Apr 20184,9828,40863.842.90$342,441
Mar 20185,43615,86661.222.79$377,008
Feb 20186,06717,48461.782.77$423,182
Jan 20186,74711,56862.874.01$470,564
Dec 20178,03219,19157.272.92$516,060
Nov 20178,98720,04955.423.12$560,580
Oct 20179,74619,35449.292.98$538,126
Sep 201710,70920,01847.523.09$570,693
Aug 201711,76215,58945.373.00$580,478
Jul 201711,98018,18143.873.09$581,692
Jun 20177,31710,57742.493.09$343,553
May 20178,48313,63245.373.26$429,360
Apr 20179,35512,99647.933.21$490,123
Mar 20177,55610,45146.772.98$384,577
Feb 20179,0278,02550.452.95$479,107
Jan 20179,53810,22149.413.42$506,216
Dec 201610,06911,96748.763.72$535,516
Nov 201610,74715,09442.492.64$496,554
Oct 20168,4118,55646.193.09$414,944
Sep 20168,96213,20941.553.10$413,327
Aug 20169,87912,80741.442.92$446,838
Jul 201611,07215,07541.622.92$504,901
Jun 201611,11914,39645.352.69$542,912
May 201612,55216,64442.521.99$566,850
Apr 201613,67117,51536.561.99$534,685
Mar 201615,65220,65033.011.79$553,719
Feb 201611,58417,99326.472.06$343,759

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           818 bbl  × $106.41 =    $87,043
Gas                6,829 Mcf  × $  3.05 =    $20,800

────────────────────────────────────────────────────
Month total                                 $107,843

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/294479 is the state's own key, not one this site invented.