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SEARLS 34-115

Operated by APACHE CORPORATION (P-5 27200) 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 300515District 08Field 71052900Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$8.3 M
Sep 2014 – May 2026
Value, last 12 filed months
$61 k
at the published price for each month
Months reported
141
no gaps in the span
Streams
2
condensate, gas

The PHANTOM (WOLFCAMP) field

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
CondensateDisposition135,437 bbl$7,584,362
GasProduction231,461 Mcf$732,724
Total$8,317,087

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 31.4577, -103.2254. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.45771, -103.22539 · 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
12,192 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 12,192 ft.

Completions filed
Sep 2014
1 of 1 wells

1 well

42-475367372H12,192 ftSep 2014——

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 (141)

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

141 months

May 20260302106.413.05$920
Apr 20260098.932.87$0
Mar 20260789.753.15$22
Feb 202633353163.503.75$23,137
Jan 2026055259.138.00$4,415
Dec 202512234156.664.41$8,417
Nov 2025045358.593.93$1,779
Oct 202519978559.383.30$14,411
Sep 2025035962.743.08$1,105
Aug 2025015963.933.01$479
Jul 202508166.743.32$269
Jun 2025897466.483.13$6,148
May 202502560.553.23$81
Apr 202501962.363.54$67
Mar 20251613667.704.27$11,053
Feb 2025033770.884.34$1,463
Jan 20255937474.324.28$5,985
Dec 20246227268.993.12$5,126
Nov 20249025369.052.20$6,771
Oct 20248126971.372.28$6,395
Sep 2024297869.612.36$2,203
Aug 2024295875.632.06$2,313
Jul 202404779.932.15$101
Jun 2024643378.082.63$5,084
May 2024504678.812.20$4,042
Apr 2024753484.451.66$6,390
Mar 20241559780.301.55$12,596
Feb 202417612676.091.78$13,617
Jan 2024935073.023.30$6,956
Dec 202381071.262.61$5,772
Nov 20238418977.892.81$7,073
Oct 202318211485.443.09$15,902
Sep 202318012989.042.74$16,380
Aug 202316317980.522.67$13,603
Jul 20239224474.852.64$7,531
Jun 202333520968.962.26$23,574
May 202325431770.622.23$18,644
Apr 20238650878.122.24$7,855
Mar 202333739972.852.39$25,505
Feb 20232618975.112.47$19,823
Jan 202386176.533.39$6,585
Dec 2022260076.415.73$19,867
Nov 2022172085.005.65$14,620
Oct 20229611287.185.86$9,026
Sep 202216421284.888.16$15,651
Aug 202216319694.529.13$17,196
Jul 2022162230101.587.54$18,191
Jun 2022249226115.097.98$30,460
May 2022184540109.378.43$24,678
Apr 2022267261104.226.84$29,611
Mar 202230975108.885.08$34,025
Feb 202233616791.054.86$31,404
Jan 202278319181.844.54$64,947
Dec 202174143371.323.90$54,536
Nov 202157646577.435.24$47,035
Oct 202158551579.795.71$49,620
Sep 202180554569.865.35$59,154
Aug 202153856966.024.22$37,920
Jul 202145123770.783.98$32,866
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 202101461.302.72$38
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 202045014.751.80$664
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20201,5533,07957.252.09$95,359
Dec 201930059.012.30$1,770
Nov 20192,2432,59655.302.75$131,179
Oct 20191,20584853.472.42$66,482
Sep 20191,74580655.052.66$98,204
Aug 20191,5431,43653.112.30$85,258
Jul 201948397456.272.46$29,575
Jun 20190052.782.49$0
May 20191,195058.482.74$69,884
Apr 20190062.632.75$0
Mar 201901856.803.06$55
Feb 20190050.852.79$0
Jan 2019064846.033.23$2,092
Dec 201831033646.594.19$15,849
Nov 201887152052.934.24$48,305
Oct 20181,1443,80061.443.40$83,200
Sep 20181,4744,19459.543.11$100,797
Aug 20182,1606,05759.403.07$146,878
Jul 20181,5162,95465.142.93$107,413
Jun 20181,5022,83260.183.08$99,104
May 20182,1595,78065.382.90$157,922
Apr 20181,9356,76463.842.90$143,151
Mar 20181,3962,98661.222.79$93,785
Feb 20181,3692,76361.782.77$92,220
Jan 20181,5203,23962.874.01$108,549
Dec 20171,7333,43457.272.92$109,281
Nov 20171,6623,31655.423.12$102,449
Oct 20171,9323,94149.292.98$106,987
Sep 20171,5103,54047.523.09$82,684
Aug 20171,8693,81345.373.00$96,252
Jul 20172,0174,16843.873.09$101,354
Jun 20172,0864,00942.493.09$101,011
May 201732790645.373.26$17,793
Apr 20170047.933.21$0
Mar 20174281,36646.772.98$24,093
Feb 20174981,09550.452.95$28,357
Jan 20179421,94249.413.42$53,184
Dec 20168731,61948.763.72$48,595
Nov 20161,2252,15442.492.64$57,746
Oct 20167331,88346.193.09$39,676
Sep 20167161,84141.553.10$35,458
Aug 20168312,06541.442.92$40,475
Jul 20167202,50541.622.92$37,292
Jun 20161,3663,05245.352.69$70,145
May 20161,9392,34442.521.99$87,113
Apr 20161,9021,78936.561.99$73,099
Mar 20162,0111,63433.011.79$69,315
Feb 20162,0572,73926.472.06$60,101
Jan 20162,4074,25927.352.36$75,901
Dec 20152,2974,55532.362.00$83,447
Nov 20152,2484,49038.792.17$96,931
Oct 20152,5924,58943.552.43$124,017
Sep 20152,5024,26042.992.76$119,312
Aug 20152,6533,65740.162.87$117,049
Jul 20152,9234,20448.152.95$153,124
Jun 20152,7554,48656.152.88$167,626
May 20153,2754,62355.212.96$194,476
Apr 20153,3944,98449.822.71$182,579
Mar 20153,5675,43742.892.93$168,945
Feb 20153,6405,84444.662.98$179,955
Jan 20154,6896,15343.433.10$222,721
Dec 20144,9739,30754.693.59$305,398
Nov 20146,97413,42570.464.25$548,469
Oct 201414,58821,54178.303.90$1,226,271
Sep 20142,3364,69886.164.05$220,275

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             0 bbl  × $106.41 =         $0
Gas                  302 Mcf  × $  3.05 =       $920

────────────────────────────────────────────────────
Month total                                     $920

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/300515 is the state's own key, not one this site invented.