TUGBOAT STATE 7-9 A

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 298121District 08Field 71052900CondensateGasSave
Value, all time
$19.9 M
Feb 2024 – May 2026
Value, last 12 filed months
$5.9 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
CondensateDisposition145,408 bbl$10,746,247
GasProduction3,140,637 Mcf$9,177,071
Total$19,923,318

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 31.5481, -103.6190. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.54807, -103.61904 · 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
10,287 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 10,287 ft.

Completions filed
Feb 2024
1 of 1 wells

1 well

42-389404391HA10,287 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 20262,71070,521106.413.05$503,167
Apr 20263,23770,09498.932.87$521,387
Mar 20263,02972,47589.753.15$500,108
Feb 20262,58366,95963.503.75$415,138
Jan 20262,72070,13759.138.00$721,784
Dec 20253,01075,45156.664.41$503,539
Nov 20252,97074,00758.593.93$464,596
Oct 20253,09579,25659.383.30$445,710
Sep 20253,11677,98062.743.08$435,436
Aug 20253,40782,32863.933.01$466,009
Jul 20253,17883,12366.743.32$487,669
Jun 20253,39982,42666.483.13$483,853
May 20253,60087,37060.553.23$500,388
Apr 20253,61386,10962.363.54$530,401
Mar 20254,220104,60667.704.27$732,186
Feb 20254,275103,02070.884.34$750,205
Jan 20255,102121,46374.324.28$898,882
Dec 20245,916137,00868.993.12$835,798
Nov 20246,591147,90369.052.20$780,264
Oct 20247,534163,00671.372.28$909,583
Sep 20247,843169,42369.612.36$946,528
Aug 202410,224218,89075.632.06$1,224,949
Jul 202410,262212,98179.932.15$1,277,425
Jun 20247,912148,70078.082.63$1,009,442
May 202411,637208,83078.812.20$1,376,212
Apr 202412,219204,07784.451.66$1,370,499
Mar 20248,006122,45880.301.55$832,095
Feb 202403676.091.78$64

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         2,710 bbl  × $106.41 =   $288,371
Gas               70,521 Mcf  × $  3.05 =   $214,796

────────────────────────────────────────────────────
Month total                                 $503,167

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/298121 is the state's own key, not one this site invented.