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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 301503District 08Field 71052900Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$34.9 M
Jul 2017 – May 2026
Value, last 12 filed months
$2.8 M
at the published price for each month
Months reported
107
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
CondensateDisposition411,124 bbl$24,147,210
GasProduction3,265,309 Mcf$10,710,973
Total$34,858,183

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 31.6463, -103.6004. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.64633, -103.60038 · 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
10,744 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 10,744 ft.

Completions filed
Jul 2017
1 of 1 wells

1 well

42-389352567701H10,744 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 20261,69235,887106.413.05$289,352
Apr 20261,44724,11198.932.87$212,344
Mar 20261,85235,45489.753.15$277,877
Feb 20261,64929,51663.503.75$215,406
Jan 20261,69128,46659.138.00$327,658
Dec 20251,79436,24656.664.41$261,615
Nov 20251,76232,43658.593.93$230,594
Oct 20251,43230,35259.383.30$185,341
Sep 20251,82735,49162.743.08$223,829
Aug 20251,34330,47163.933.01$177,721
Jul 20251,13833,51766.743.32$187,066
Jun 20251,80134,17966.483.13$226,667
May 20252,05829,19160.553.23$218,967
Apr 20251,58218,44162.363.54$163,992
Mar 20251,83619,08767.704.27$205,767
Feb 20251,59715,83570.884.34$181,933
Jan 20251,5819,27274.324.28$157,172
Dec 20241,29611,48868.993.12$125,269
Nov 20241,74814,80569.052.20$153,247
Oct 20241,92415,13571.372.28$171,845
Sep 20241,60112,81569.612.36$141,745
Aug 20241,66915,79575.632.06$158,822
Jul 20242,03514,40479.932.15$193,577
Jun 20241,69613,69678.082.63$168,499
May 20241,61312,68678.812.20$155,010
Apr 20241,73916,05184.451.66$173,490
Mar 20242,06518,29680.301.55$194,089
Feb 20241,81420,79676.091.78$175,120
Jan 20241,97517,53473.023.30$202,036
Dec 20232,10917,16771.262.61$195,106
Nov 20231,87819,44377.892.81$200,865
Oct 20231,92620,81285.443.09$228,810
Sep 20231,05617,36989.042.74$141,531
Aug 20231,06718,42480.522.67$135,160
Jul 20239377,51174.852.64$89,977
Jun 20239327,08868.962.26$80,279
May 20232,33320,78470.622.23$211,051
Apr 20231,60414,68278.122.24$158,159
Mar 20231,99814,70272.852.39$180,739
Feb 20231,76115,33875.112.47$170,087
Jan 20232,11717,62976.533.39$221,736
Dec 20222,40528,26376.415.73$345,687
Nov 20221,91016,93085.005.65$257,940
Oct 20222,17717,17587.185.86$290,501
Sep 20222,28418,28884.888.16$343,163
Aug 20222,24818,65894.529.13$382,776
Jul 20222,15319,305101.587.54$364,302
Jun 20221,79114,740115.097.98$323,710
May 20222,02313,833109.378.43$337,910
Apr 20222,34617,247104.226.84$362,428
Mar 20222,22719,025108.885.08$339,054
Feb 20222,46120,56191.054.86$323,977
Jan 20223,13521,66781.844.54$354,886
Dec 20212,37118,60071.323.90$241,623
Nov 20212,45217,00477.435.24$278,906
Oct 20212,24117,38379.795.71$278,134
Sep 20211,91817,26769.865.35$226,386
Aug 20212,13118,24466.024.22$217,689
Jul 20212,33518,13770.783.98$237,494
Jun 20211,74815,12969.493.38$172,614
May 20212,05312,55063.483.02$168,196
Apr 20211,33118,83260.362.76$132,286
Mar 20213,18421,14361.302.72$252,623
Feb 20212,55512,20657.805.55$215,397
Jan 20211,92715,14650.412.81$139,704
Dec 20201,05116,32244.642.68$90,586
Nov 20201,69814,53538.772.71$105,171
Oct 20202,17217,75836.972.48$124,311
Sep 20201,17910,58137.091.99$64,796
Aug 20203,39629,17939.982.39$205,367
Jul 20203,80029,12838.371.83$198,968
Jun 20204,15328,06434.901.69$192,377
May 20203,74328,88416.921.81$115,749
Apr 20203,99427,15014.751.80$107,900
Mar 20203,94330,80230.341.86$176,806
Feb 20203,80228,95449.881.98$246,992
Jan 20203,98833,38357.252.09$298,242
Dec 20194,27335,65559.012.30$334,312
Nov 20194,00232,83155.302.75$311,619
Oct 20193,93035,18953.472.42$295,243
Sep 20193,97032,47755.052.66$304,849
Aug 20194,46335,08153.112.30$317,869
Jul 20194,60835,72956.272.46$347,188
Jun 20195,24836,87652.782.49$368,855
May 20194,52439,35058.482.74$372,395
Apr 20195,32038,57062.632.75$439,286
Mar 20195,33840,52156.803.06$427,278
Feb 20196,15942,74050.852.79$432,525
Jan 20198736,29746.033.23$60,512
Dec 20186,57744,69446.594.19$493,486
Nov 20186,93842,95952.934.24$549,256
Oct 20186,61742,35061.443.40$550,457
Sep 20187,50747,12159.543.11$593,419
Aug 20186,21449,81259.403.07$521,863
Jul 20185,79752,63765.142.93$531,942
Jun 20186,34257,44260.183.08$558,406
May 20186,60941,36065.382.90$552,074
Apr 20185,30655,71463.842.90$500,350
Mar 20183,07541,70361.222.79$304,471
Feb 20185,43357,77661.782.77$495,466
Jan 201810,89777,70762.874.01$996,647
Dec 201711,57873,65157.272.92$878,245
Nov 201715,04886,37055.423.12$1,103,293
Oct 201717,547105,81849.292.98$1,180,619
Sep 201719,393103,67747.523.09$1,241,635
Aug 201732,465186,11145.373.00$2,032,089
Jul 201725,773112,61643.873.09$1,478,339

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         1,692 bbl  × $106.41 =   $180,046
Gas               35,887 Mcf  × $  3.05 =   $109,306

────────────────────────────────────────────────────
Month total                                 $289,352

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/301503 is the state's own key, not one this site invented.