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TELLURIDE

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 294490District 08Field 71052900CondensateGasSave
Value, all time
$42.7 M
Aug 2018 – May 2026
Value, last 12 filed months
$2.5 M
at the published price for each month
Months reported
93
1 month not filed
Streams
2
condensate, gas

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
CondensateDisposition621,438 bbl$37,647,409
GasProduction1,484,901 Mcf$5,071,541
Total$42,718,950

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 31.5449, -103.0790. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.54489, -103.07897 · 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
10,290 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 10,290 ft.

Completions filed
Aug 2018
1 of 1 wells

1 well

42-475373896201H10,290 ftAug 2018——

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 (93)

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

93 months

May 20262,26713,832106.413.05$283,362
Apr 20262,24313,55598.932.87$260,799
Mar 20262,00914,51489.753.15$226,019
Feb 20262,03612,98863.503.75$177,995
Jan 20262,29914,40559.138.00$251,150
Dec 20252,17313,09556.664.41$180,915
Nov 20251,98713,02558.593.93$167,560
Oct 20252,2399,32959.383.30$163,783
Sep 20252,33812,61462.743.08$185,498
Aug 20252,49213,03563.933.01$198,611
Jul 20252,44212,95566.743.32$205,928
Jun 20252,38311,56566.483.13$194,605
May 20252,54610,99660.553.23$189,703
Apr 20252,43811,91062.363.54$194,232
Mar 20252,60812,41967.704.27$229,570
Feb 20252,20811,77670.884.34$207,621
Jan 20252,39613,16574.324.28$234,400
Dec 20242,67216,22568.993.12$234,986
Nov 20242,60415,74269.052.20$214,414
Oct 20242,86617,20771.372.28$243,802
Sep 20242,94716,84169.612.36$244,959
Aug 20242,98715,04275.632.06$256,948
Jul 20243,01314,31379.932.15$271,553
Jun 20243,29311,28978.082.63$286,852
May 20243,01513,20978.812.20$266,651
Apr 20242,95212,72784.451.66$270,413
Mar 20243,21212,27180.301.55$276,884
Feb 20243,01613,69276.091.78$253,909
Jan 20243,32215,03473.023.30$292,149
Dec 20233,25715,22871.262.61$271,850
Nov 20233,27014,46977.892.81$295,323
Oct 20233,44113,47585.443.09$335,600
Sep 20233,34213,24789.042.74$333,803
Aug 20233,52814,07780.522.67$321,701
Jul 20233,56915,50174.852.64$308,090
Jun 20233,43813,82168.962.26$268,299
May 20233,69313,26070.622.23$290,335
Apr 20233,64714,32878.122.24$316,966
Mar 20233,81016,63472.852.39$317,366
Feb 20233,59214,80875.112.47$306,307
Jan 20234,05516,73876.533.39$367,033
Dec 20223,92415,48976.415.73$388,571
Nov 20223,91912,93585.005.65$406,149
Oct 20223,77510,57787.185.86$391,125
Sep 20223,4818,25484.888.16$362,850
Aug 20223,95211,90894.529.13$482,229
Jul 20224,51912,715101.587.54$554,938
Jun 20224,48310,956115.097.98$603,347
May 20224,79713,383109.378.43$637,507
Apr 20224,82613,391104.226.84$594,528
Mar 20225,12813,419108.885.08$626,457
Feb 20224,72312,54391.054.86$490,974
Dec 20216,34917,50871.323.90$521,076
Nov 20216,38916,83177.435.24$582,842
Oct 20216,83115,64979.795.71$634,462
Sep 20216,85116,82669.865.35$568,645
Aug 20215,5878,87366.024.22$406,303
Jul 20214,8156,87970.783.98$368,198
Jun 20217577,49269.493.38$77,932
May 2021153463.483.02$9,725
Apr 20217,92029,45160.362.76$559,289
Mar 20218,36813,37361.302.72$549,292
Feb 20213,2217,02757.805.55$225,159
Jan 20216,22711,85350.412.81$347,213
Dec 20208,31719,63244.642.68$423,796
Nov 20208,92625,91738.772.71$416,207
Oct 20209,56527,13036.972.48$420,858
Sep 20209,72015,09637.091.99$390,572
Aug 202010,44113,72539.982.39$450,167
Jul 202011,65717,05538.371.83$478,407
Jun 202013,35111,98534.901.69$486,208
May 20203,0033,83316.921.81$57,767
Apr 20206,9288,35914.751.80$117,271
Mar 20206,6477,86730.341.86$216,273
Feb 20201,0701,46549.881.98$56,273
Jan 20204,99310,26457.252.09$307,350
Dec 201912,91021,77759.012.30$812,001
Nov 201917,84942,63755.302.75$1,104,331
Oct 201916,18022,93953.472.42$920,623
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20195,4596,09456.272.46$322,170
Jun 20199,83711,17452.782.49$547,034
May 201910,72516,59458.482.74$672,671
Apr 201915,23926,19062.632.75$1,026,459
Mar 201917,41227,15856.803.06$1,072,162
Feb 201914,70623,43750.852.79$813,241
Jan 201920,35733,60246.033.23$1,045,506
Dec 201824,90037,98746.594.19$1,319,083
Nov 201828,91841,12052.934.24$1,704,865
Oct 201835,61656,25061.443.40$2,379,389
Sep 201845,24472,83659.543.11$2,920,202
Aug 201822,82831,08659.403.07$1,451,310

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         2,267 bbl  × $106.41 =   $241,231
Gas               13,832 Mcf  × $  3.05 =    $42,130

────────────────────────────────────────────────────
Month total                                 $283,362

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/294490 is the state's own key, not one this site invented.