BERGMAN STATE 38

Operated by EQV OPERATING LLC (P-5 101634) 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 295662District 08Field 71052900Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$10.3 M
May 2023 – May 2026
Value, last 12 filed months
$3.0 M
at the published price for each month
Months reported
37
no gaps in the span
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
CondensateDisposition56,129 bbl$4,190,413
GasProduction1,999,374 Mcf$6,131,491
Total$10,321,904

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 31.7957, -103.9341. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.79571, -103.93410 · 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
10,764 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 10,764 ft.

Completions filed
Mar 2024
1 of 1 wells

1 well

42-38940395101H10,764 ftMar 2024

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 (37)

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

37 months

May 202687045,924106.413.05$232,454
Apr 202679846,87498.932.87$213,461
Mar 202643448,79189.753.15$192,616
Feb 202662246,23363.503.75$212,886
Jan 202633450,35059.138.00$422,445
Dec 202540955,16456.664.41$266,633
Nov 202539956,64158.593.93$245,775
Oct 202542954,60859.383.30$205,945
Sep 202563961,01962.743.08$227,841
Aug 202591964,88163.933.01$254,352
Jul 202575944,67866.743.32$198,772
Jun 20251,49163,05866.483.13$296,413
May 20251,58570,23460.553.23$322,991
Apr 20251,42969,03862.363.54$333,722
Mar 20252,02181,31667.704.27$483,904
Feb 20251,62275,66670.884.34$443,421
Jan 20252,187102,64174.324.28$601,706
Dec 20242,441113,91668.993.12$523,979
Nov 20242,743114,16669.052.20$440,391
Oct 20243,021106,52171.372.28$458,626
Sep 20243,746114,15169.612.36$530,653
Aug 20244,441110,88375.632.06$564,694
Jul 20245,223128,43479.932.15$693,170
Jun 20245,42313,32978.082.63$458,536
May 20246,361137,36078.812.20$803,288
Apr 20245,783123,05084.451.66$692,539
Mar 2024044880.301.55$692
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0

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           870 bbl  × $106.41 =    $92,577
Gas               45,924 Mcf  × $  3.05 =   $139,877

────────────────────────────────────────────────────
Month total                                 $232,454

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/295662 is the state's own key, not one this site invented.