QUARTERBACK STATE UNIT 3-4

Operated by TRP OPERATING LLC (P-5 872117) 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 301451District 08Field 71052900CondensateGasSave
Value, all time
$89.2 M
Jul 2017 – May 2026
Value, last 12 filed months
$5.3 M
at the published price for each month
Months reported
107
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
CondensateDisposition981,515 bbl$57,440,589
GasProduction9,673,994 Mcf$31,743,868
Total$89,184,458

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 31.6471, -103.6011. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.64706, -103.60105 · 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
11,621 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 11,621 ft.

Completions filed
Jul 2017
1 of 1 wells

1 well

42-38934700801H11,621 ftJul 2017

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 (107)

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

107 months

May 20263,47347,246106.413.05$513,466
Apr 20263,42345,37098.932.87$468,837
Mar 20263,51644,61289.753.15$456,064
Feb 20263,38245,36363.503.75$384,883
Jan 20263,48249,60559.138.00$602,627
Dec 20253,93341,92356.664.41$407,865
Nov 20253,71045,06958.593.93$394,330
Oct 20253,86851,45859.383.30$399,742
Sep 20253,54049,30162.743.08$373,795
Aug 20254,32666,73963.933.01$477,763
Jul 20253,29557,41366.743.32$410,244
Jun 20253,51954,62566.483.13$404,849
May 20253,89666,21560.553.23$449,931
Apr 20253,81168,51962.363.54$480,425
Mar 20253,43353,35067.704.27$460,129
Feb 20253,25747,97670.884.34$439,112
Jan 20253,28850,33574.324.28$459,732
Dec 20242,81640,05868.993.12$319,312
Nov 20243,71956,43169.052.20$380,857
Oct 20243,79953,85571.372.28$393,999
Sep 20243,21348,52769.612.36$338,392
Aug 20243,05642,90475.632.06$319,663
Jul 20242,84947,00879.932.15$328,627
Jun 20242,84440,29278.082.63$328,188
May 20241,81914,22178.812.20$174,619
Apr 20243,28852,45784.451.66$364,708
Mar 20243,90558,60480.301.55$404,122
Feb 20244,11657,23476.091.78$415,271
Jan 20243,56654,56373.023.30$440,320
Dec 20233,30949,02571.262.61$363,790
Nov 20233,41758,76177.892.81$431,125
Oct 20233,79960,62185.443.09$511,741
Sep 20234,40060,55189.042.74$557,385
Aug 20233,75168,12280.522.67$484,112
Jul 20231,83038,69074.852.64$239,187
Jun 20231,75049,33068.962.26$232,091
May 20233,01570,80070.622.23$370,619
Apr 20235,82469,04078.122.24$609,466
Mar 20234,73666,36172.852.39$503,830
Feb 20233,12453,01875.112.47$365,369
Jan 20233,83760,53476.533.39$498,718
Dec 20223,99452,50876.415.73$606,004
Nov 20223,89454,06185.005.65$636,229
Oct 20223,71865,18787.185.86$706,376
Sep 20223,67459,80984.888.16$800,111
Aug 20224,30363,84594.529.13$989,443
Jul 20224,68158,986101.587.54$920,373
Jun 20223,31861,621115.097.98$873,432
May 20225,22767,828109.378.43$1,143,673
Apr 20224,58365,514104.226.84$925,599
Mar 20225,03861,432108.885.08$860,391
Feb 20223,78358,07591.054.86$626,619
Jan 20224,30766,59781.844.54$654,681
Dec 20214,76274,97371.323.90$631,955
Nov 20215,27979,41477.435.24$824,632
Oct 20215,57875,14779.795.71$874,449
Sep 20215,39173,87369.865.35$771,904
Aug 20215,09676,05366.024.22$657,426
Jul 20214,75672,92970.783.98$627,039
Jun 20213,59673,32769.493.38$497,777
May 20218,47482,36063.483.02$786,465
Apr 20219,93784,71360.362.76$833,471
Mar 20218,41388,63661.302.72$756,536
Feb 20216,39675,43557.805.55$788,198
Jan 20215,21983,64450.412.81$498,152
Dec 20207,40581,60344.642.68$548,885
Nov 20209,93680,63438.772.71$603,460
Oct 20208,30694,50536.972.48$541,297
Sep 20203,36241,46937.091.99$207,263
Aug 20209,23595,49439.982.39$596,978
Jul 20209,431101,46038.371.83$547,044
Jun 20209,75598,17834.901.69$506,401
May 202010,77192,33716.921.81$349,814
Apr 202011,053103,16514.751.80$349,181
Mar 202010,651109,60530.341.86$526,603
Feb 20209,901107,25949.881.98$706,307
Jan 202010,944117,87857.252.09$873,468
Dec 201911,754125,21659.012.30$982,146
Nov 201911,512113,95055.302.75$950,056
Oct 201911,871129,43953.472.42$947,796
Sep 201912,449123,70755.052.66$1,014,042
Aug 201912,949130,81653.112.30$989,169
Jul 201912,397129,99156.272.46$1,017,365
Jun 201913,930125,71152.782.49$1,048,397
May 201912,637128,07258.482.74$1,089,970
Apr 201912,345112,20662.632.75$1,081,812
Mar 201910,39593,51956.803.06$876,801
Feb 20199,86690,25450.852.79$753,695
Jan 20191,47912,91146.033.23$109,757
Dec 201816,866151,77346.594.19$1,421,024
Nov 201818,311161,07252.934.24$1,651,702
Oct 201818,398155,21361.443.40$1,657,799
Sep 201819,048160,83059.543.11$1,633,978
Aug 201820,965168,15159.403.07$1,760,966
Jul 201821,857170,35665.142.93$1,923,228
Jun 201818,563153,56060.183.08$1,589,613
May 20189,20970,20465.382.90$805,732
Apr 201821,921163,12063.842.90$1,872,615
Mar 201824,659195,79461.222.79$2,055,271
Feb 201827,256194,87861.782.77$2,222,932
Jan 201830,790221,62162.874.01$2,824,317
Dec 201732,531233,70057.272.92$2,545,810
Nov 201731,948240,05355.423.12$2,519,130
Oct 201730,445237,37149.292.98$2,208,873
Sep 201733,011250,29847.523.09$2,341,423
Aug 201745,171248,41245.373.00$2,795,737
Jul 201749,881226,11643.873.09$2,886,363

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         3,473 bbl  × $106.41 =   $369,562
Gas               47,246 Mcf  × $  3.05 =   $143,904

────────────────────────────────────────────────────
Month total                                 $513,466

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/301451 is the state's own key, not one this site invented.