A CLASSIC DASH 18-15

Operated by CRESCENT ENERGY OPERATING, LLC (P-5 103575) 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 294721District 08Field 71052900Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$25.8 M
May 2021 – May 2026
Value, last 12 filed months
$2.1 M
at the published price for each month
Months reported
60
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
CondensateDisposition263,331 bbl$20,490,167
GasProduction1,482,669 Mcf$5,323,359
Total$25,813,526

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 31.3235, -103.6560. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.32350, -103.65600 · 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
10,117 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 10,117 ft.

Completions filed
Jul 2022
1 of 1 wells

1 well

42-389377162H10,117 ftJul 2022

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 (60)

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

60 months

May 202600106.413.05$0
Apr 202637546598.932.87$38,433
Mar 20262,58012,85389.753.15$272,035
Feb 20261,89811,89063.503.75$165,114
Jan 20261,74412,74359.138.00$205,040
Dec 20251,78811,12056.664.41$150,385
Nov 20252,18017,17958.593.93$195,179
Oct 20252,23227,26559.383.30$222,643
Sep 20252,45027,92862.743.08$239,645
Aug 20252,63529,55263.933.01$257,548
Jul 20252,44125,04966.743.32$245,955
Jun 20259456,38066.483.13$82,785
May 20252,55129,74860.553.23$250,618
Apr 20253,16327,60262.363.54$295,042
Mar 20253,34330,62367.704.27$357,030
Feb 20252,99930,11370.884.34$343,285
Jan 20252,84731,54974.324.28$346,577
Dec 20243,76432,99168.993.12$362,655
Nov 20243,77827,56369.052.20$321,467
Oct 20243,34342,85571.372.28$336,359
Sep 20243,54931,60169.612.36$321,762
Aug 20244,23038,32175.632.06$398,995
Jul 20245,30444,17479.932.15$518,772
Jun 20244,38137,91978.082.63$441,946
May 20245,54032,15078.812.20$507,287
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 2024389076.091.78$29,599
Jan 20243,60321,08673.023.30$332,626
Dec 20236,29239,99471.262.61$552,781
Nov 20235,47937,04677.892.81$530,768
Oct 20237,25245,42885.443.09$759,860
Sep 20236,45144,89289.042.74$697,178
Aug 20237,39148,17680.522.67$723,892
Jul 20237,43548,55074.852.64$684,769
Jun 20238,23147,75568.962.26$675,463
May 20239,22050,94970.622.23$764,600
Apr 20239,96150,84978.122.24$891,941
Mar 202310,89453,76872.852.39$922,303
Feb 20238,71546,55575.112.47$769,373
Jan 202312,09953,36476.533.39$1,106,719
Dec 20227,80227,64776.415.73$754,543
Nov 202213,91345,98985.005.65$1,442,268
Oct 202218,23059,75187.185.86$1,939,657
Sep 202219,43454,69784.888.16$2,096,087
Aug 202222,37753,67294.529.13$2,604,947
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20211,09511,45766.024.22$120,647
Jul 20212,8003,99570.783.98$214,092
Jun 20214521,26369.493.38$35,679
May 20213,75616,15363.483.02$287,175

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.

Apr 2026 — as filed, then multipliedworked
Condensate           375 bbl  × $ 98.93 =    $37,099
Gas                  465 Mcf  × $  2.87 =     $1,334

────────────────────────────────────────────────────
Month total                                  $38,433

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/294721 is the state's own key, not one this site invented.