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LIBERTY STATE UNIT 9-69

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 301465District 08Field 71052900Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$21.1 M
Oct 2018 – May 2026
Value, last 12 filed months
$1.9 M
at the published price for each month
Months reported
92
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
CondensateDisposition291,164 bbl$16,632,116
GasProduction1,433,932 Mcf$4,475,168
Total$21,107,284

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 31.6226, -103.6214. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.62257, -103.62144 · 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
10,815 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 10,815 ft.

Completions filed
Oct 2018
1 of 1 wells

1 well

42-38936973606H10,815 ftOct 2018——

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 (92)

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

92 months

May 20261,6749,211106.413.05$206,186
Apr 20261,7539,28898.932.87$200,078
Mar 20261,6307,83589.753.15$170,968
Feb 20261,5236,65963.503.75$121,684
Jan 20261,5345,54959.138.00$135,086
Dec 20251,7708,13156.664.41$136,173
Nov 20251,5687,58958.593.93$121,667
Oct 20251,859059.383.30$110,387
Sep 20251,72815,53462.743.08$156,212
Aug 20251,92418,84163.933.01$179,802
Jul 20251,90118,20766.743.32$187,233
Jun 20251,96019,25966.483.13$190,557
May 20252,03520,88560.553.23$190,726
Apr 20252,06617,87362.363.54$192,162
Mar 20252,19821,97767.704.27$242,609
Feb 20252,08520,92370.884.34$238,608
Jan 20252,14118,48374.324.28$238,202
Dec 20241,86216,50668.993.12$179,981
Nov 20241,77617,24669.052.20$160,547
Oct 20242,01416,54171.372.28$181,476
Sep 20241,40513,49469.612.36$129,707
Aug 20242,11820,02775.632.06$201,513
Jul 20242,07417,05479.932.15$202,383
Jun 20242,00617,71978.082.63$203,300
May 20242,22918,92278.812.20$217,266
Apr 20242,25217,23284.451.66$218,773
Mar 20242,18216,43380.301.55$200,606
Feb 20242,65616,49276.091.78$231,511
Jan 20242,0399,44873.023.30$180,044
Dec 20232,09311,37671.262.61$178,847
Nov 20239536,00777.892.81$91,094
Oct 20231,85813,62385.443.09$200,806
Sep 20231,0868,83789.042.74$120,867
Aug 20231,4457,12080.522.67$135,382
Jul 20231,3105,95374.852.64$113,780
Jun 20231,4017,53368.962.26$113,626
May 20231,8016,76670.622.23$142,257
Apr 20231,9349,06278.122.24$171,363
Mar 20232,4689,47072.852.39$202,457
Feb 20231,4428,88175.112.47$130,206
Jan 20231,13310,00676.533.39$120,606
Dec 20221,0798,67076.415.73$132,118
Nov 20221,4058,35985.005.65$166,622
Oct 20221,2684,78887.185.86$138,620
Sep 20227354,90184.888.16$102,397
Aug 20222689,23194.529.13$109,584
Jul 2022983,298101.587.54$34,829
Jun 2022274,091115.097.98$35,742
May 2022335,005109.378.43$45,817
Apr 2022476,055104.226.84$46,300
Mar 2022366,202108.885.08$35,404
Feb 20222184,50291.054.86$41,723
Jan 20225364,92081.844.54$66,192
Dec 20211398,86171.323.90$44,464
Nov 20211497,65277.435.24$51,609
Oct 20212625,47579.795.71$52,188
Sep 20212486,14469.865.35$50,201
Aug 20212335,89666.024.22$40,267
Jul 20217177,30370.783.98$79,830
Jun 20218576,42069.493.38$81,257
May 20211,0537,62163.483.02$89,842
Apr 202171313,61660.362.76$80,595
Mar 202171213,86061.302.72$81,302
Feb 20215315,61057.805.55$61,816
Jan 20218567,79050.412.81$65,043
Dec 20206506,36344.642.68$46,040
Nov 20203426,79538.772.71$31,650
Oct 20201,24612,70536.972.48$77,553
Sep 20206022,40937.091.99$27,125
Aug 20204,69719,76139.982.39$234,918
Jul 20205,30522,20538.371.83$244,080
Jun 20204,99621,44034.901.69$210,601
May 20204,21919,99916.921.81$107,679
Apr 20205,15920,36714.751.80$112,845
Mar 20205,65424,47430.341.86$216,972
Feb 20205,38321,58149.881.98$311,249
Jan 20205,78524,02157.252.09$381,509
Dec 20196,13323,39059.012.30$415,807
Nov 20196,16825,68155.302.75$411,731
Oct 20196,44927,01553.472.42$410,165
Sep 20196,69026,87455.052.66$439,696
Aug 20197,94629,22353.112.30$489,352
Jul 20197,61332,87156.272.46$509,248
Jun 20196,23521,72152.782.49$383,195
May 20199,46233,04058.482.74$643,878
Apr 20199,36930,68262.632.75$671,177
Mar 20194,13911,80956.803.06$271,256
Feb 201914,56536,18650.852.79$841,670
Jan 201915,51346,21746.033.23$863,260
Dec 201816,38849,21346.594.19$969,495
Nov 201824,89277,43752.934.24$1,645,653
Oct 201818,45866,19161.443.40$1,358,982

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         1,674 bbl  × $106.41 =   $178,130
Gas                9,211 Mcf  × $  3.05 =    $28,055

────────────────────────────────────────────────────
Month total                                 $206,186

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/301465 is the state's own key, not one this site invented.