MERIDIAN STATE 57-3-23-11 D

Operated by ANADARKO E&P ONSHORE LLC (P-5 20528) 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 295872District 08Field 71052900Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$73.7 M
Jun 2023 – May 2026
Value, last 12 filed months
$13.7 M
at the published price for each month
Months reported
36
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
CondensateDisposition802,883 bbl$60,658,201
GasProduction4,334,929 Mcf$13,008,031
Total$73,666,232

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 31.7520, -103.9278. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.75201, -103.92777 · 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
10,107 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 10,107 ft.

Completions filed
Jun 2023
1 of 1 wells

1 well

42-3894007815HA10,107 ftJun 2023

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 (36)

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

36 months

May 202612,18093,385106.413.05$1,580,510
Apr 20267,21966,17498.932.87$904,077
Mar 20267,30087,95889.753.15$932,193
Feb 20269,04377,51263.503.75$864,925
Jan 202610,01788,90059.138.00$1,303,320
Dec 20259,41699,07256.664.41$970,751
Nov 202511,93697,83458.593.93$1,083,470
Oct 202513,992111,65659.383.30$1,199,850
Sep 202512,685100,11362.743.08$1,103,897
Aug 202512,700121,16763.933.01$1,177,200
Jul 202513,933127,46266.743.32$1,352,450
Jun 202513,447110,09266.483.13$1,238,404
May 202512,753106,03160.553.23$1,114,920
Apr 202514,899102,79162.363.54$1,293,302
Mar 202511,39588,71967.704.27$1,150,123
Feb 20259,89687,74870.884.34$1,082,329
Jan 202515,293118,83474.324.28$1,645,028
Dec 202419,429138,99868.993.12$1,774,271
Nov 202418,83479,19569.052.20$1,474,593
Oct 202424,861119,21471.372.28$2,046,304
Sep 202424,829116,79769.612.36$2,004,497
Aug 202429,738111,31775.632.06$2,478,802
Jul 202422,58091,54479.932.15$2,001,327
Jun 202411,29843,50378.082.63$996,734
May 202421,89994,88978.812.20$1,934,468
Apr 202425,139104,22084.451.66$2,295,910
Mar 202423,952152,12080.301.55$2,158,391
Feb 202432,291152,41276.091.78$2,728,870
Jan 202437,328163,31173.023.30$3,264,235
Dec 202339,322180,17971.262.61$3,272,483
Nov 202340,622166,12577.892.81$3,630,453
Oct 202357,789225,16685.443.09$5,632,643
Sep 202348,330194,01389.042.74$4,833,937
Aug 202361,161251,67980.522.67$5,597,391
Jul 202358,686240,19774.852.64$5,027,200
Jun 20236,69124,60268.962.26$516,974

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        12,180 bbl  × $106.41 = $1,296,074
Gas               93,385 Mcf  × $  3.05 =   $284,436

────────────────────────────────────────────────────
Month total                               $1,580,510

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/295872 is the state's own key, not one this site invented.