RIO HONDO

Operated by U.S. ENERGY DEVELOPMENT CORP (P-5 875462) 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 297412District 08Field 71052900Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$29.1 M
Oct 2022 – May 2026
Value, last 12 filed months
$3.9 M
at the published price for each month
Months reported
44
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
CondensateDisposition285,638 bbl$21,819,646
GasProduction2,315,239 Mcf$7,291,025
Total$29,110,671

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 31.4308, -103.4604. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.43076, -103.46036 · 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
10,914 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 10,914 ft.

Completions filed
Oct 2022
1 of 1 wells

1 well

42-475383213H10,914 ftOct 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 (44)

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

44 months

May 20262,69933,495106.413.05$389,221
Apr 20262,61831,57698.932.87$349,613
Mar 20261,35516,20089.753.15$172,632
Feb 20262,52729,46763.503.75$270,975
Jan 20262,88434,80959.138.00$448,931
Dec 20253,12536,63356.664.41$338,737
Nov 20252,93435,46858.593.93$311,166
Oct 20253,32838,97359.383.30$326,416
Sep 20253,19537,40862.743.08$315,556
Aug 20253,28738,90963.933.01$327,439
Jul 20253,28738,90966.743.32$348,366
Jun 20253,36638,40866.483.13$343,940
May 20253,42939,59760.553.23$335,616
Apr 20253,57539,59762.363.54$363,234
Mar 20253,70041,57967.704.27$427,962
Feb 20253,89336,02370.884.34$432,306
Jan 20254,10743,20574.324.28$490,093
Dec 20243,94741,68268.993.12$402,408
Nov 20244,01043,74469.052.20$373,059
Oct 20243,96342,66871.372.28$380,182
Sep 20244,28442,66869.612.36$399,092
Aug 20244,27046,45175.632.06$418,798
Jul 20244,34548,12279.932.15$450,594
Jun 20244,38244,51778.082.63$459,403
May 20244,57346,27278.812.20$462,124
Apr 20244,64545,70484.451.66$468,102
Mar 20244,97648,81980.301.55$475,005
Feb 20244,79246,79476.091.78$448,087
Jan 20245,34551,86273.023.30$561,315
Dec 20235,47051,41171.262.61$524,012
Nov 20236,20763,18877.892.81$660,867
Oct 20236,90770,18185.443.09$806,802
Sep 20237,19073,48689.042.74$841,185
Aug 20237,76870,56180.522.67$814,080
Jul 20239,97058,30674.852.64$900,287
Jun 20236,62057,13268.962.26$585,547
May 202311,63293,34670.622.23$1,029,371
Apr 202312,08595,55778.122.24$1,157,914
Mar 202312,519101,96872.852.39$1,156,035
Feb 202312,69097,45375.112.47$1,193,434
Jan 202316,232104,24176.533.39$1,595,374
Dec 202218,053100,62476.415.73$1,955,913
Nov 202217,59283,19785.005.65$1,965,067
Oct 202227,86235,02987.185.86$2,634,411

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         2,699 bbl  × $106.41 =   $287,201
Gas               33,495 Mcf  × $  3.05 =   $102,020

────────────────────────────────────────────────────
Month total                                 $389,221

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/297412 is the state's own key, not one this site invented.