TUGBOAT STATE 7-9 F

Operated by MANTI TARKA PERMIAN OP, LLC (P-5 524907) 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 298120District 08Field 71052900CondensateGasSave
Value, all time
$18.9 M
Feb 2024 – May 2026
Value, last 12 filed months
$5.7 M
at the published price for each month
Months reported
28
no gaps in the span
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
CondensateDisposition152,293 bbl$11,191,819
GasProduction2,602,055 Mcf$7,684,431
Total$18,876,249

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 31.5480, -103.6029. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.54802, -103.60289 · 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
10,221 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 10,221 ft.

Completions filed
Feb 2024
1 of 1 wells

1 well

42-389408256HA10,221 ftFeb 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 (28)

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

28 months

May 20262,78956,789106.413.05$469,748
Apr 20262,44457,28498.932.87$406,174
Mar 20262,93759,64289.753.15$451,435
Feb 20262,75155,47663.503.75$382,741
Jan 20262,90959,87559.138.00$650,885
Dec 20253,13061,93956.664.41$450,705
Nov 20253,47267,33258.593.93$467,800
Oct 20253,58670,92259.383.30$447,323
Sep 20253,67771,75362.743.08$451,473
Aug 20254,10877,90663.933.01$497,492
Jul 20253,75478,62466.743.32$511,196
Jun 20254,01277,73166.483.13$509,916
May 20254,56887,10060.553.23$558,127
Apr 20254,73787,91662.363.54$606,896
Mar 20255,17892,30667.704.27$744,542
Feb 20254,90789,56370.884.34$736,587
Jan 20255,800102,84674.324.28$871,101
Dec 20246,394110,01168.993.12$784,507
Nov 20246,611110,41069.052.20$699,219
Oct 20247,122115,11971.372.28$770,930
Sep 20246,942103,51069.612.36$727,968
Aug 20244,32944,91675.632.06$420,092
Jul 20248,433143,05679.932.15$981,132
Jun 20249,750159,25078.082.63$1,180,741
May 202411,911186,92778.812.20$1,349,654
Apr 202413,378196,20984.451.66$1,455,322
Mar 202412,664172,85380.301.55$1,284,000
Feb 202404,79076.091.78$8,544

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         2,789 bbl  × $106.41 =   $296,777
Gas               56,789 Mcf  × $  3.05 =   $172,970

────────────────────────────────────────────────────
Month total                                 $469,748

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/298120 is the state's own key, not one this site invented.