PHILLIPS UNIVERSITY "P"

Operated by CRESCENT ENERGY OPERATING, LLC (P-5 103575) in the MARTIN (CONSOLIDATED) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 37209District 08Field 57774275OilCasinghead gasSave
Value, all time
$87.2 M
Jan 2004 – May 2026
Value, last 12 filed months
$2.5 M
at the published price for each month
Months reported
269
no gaps in the span
Streams
2
oil, casinghead 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
OilDisposition978,016 bbl$69,151,577
Casinghead gasProduction3,865,096 Mcf$18,011,174
Total$87,162,751

Wells on this lease (22)

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 32.1551, -102.7431. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.9 miles.

32.15539, -102.74309 · 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
18.2%
4 of 22 wells
With a plug date
0.0%
0 of 22 wells
Median depth
7,749 ft
22 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
418.2%
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.
1881.8%

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

0k
2k
4k
6k
8k
10k
12k
15k
20k+

Total depth in feet, 22 of 22 wells. Median 7,749 ft, with the middle half between 7,661 and 7,908 ft; the shallowest is 6,500 ft and the deepest 8,555 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

70s
80s
90s
00s
10s
20s

Last completion by decade, 22 of 22 wells, Jan 1971 – Jan 2025. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Jan 1971 – Jan 2025
22 of 22 wells

22 wells

42-00341592148,555 ftJan 2025
42-00341548177,910 ftJun 2024
42-00341588217,810 ftMay 2024
42-00341593227,757 ftJan 2024
42-0033949877,612 ftNov 2023
42-0033935767,603 ftNov 2023Yes
42-0033935857,645 ftOct 2023Yes
42-00341472198,336 ftAug 2023
42-00341581167,903 ftJul 2023
42-00342174237,733 ftOct 2022
42-0033975897,710 ftJan 2022
42-00340033157,975 ftApr 2019
42-00342294247,772 ftFeb 2011
42-00341391187,830 ftNov 2010
42-00341589208,505 ftNov 2010
42-0033957487,616 ftJun 2010
42-00339755127,725 ftOct 2009
42-00339757107,706 ftAug 2008Yes
42-00339756117,740 ftApr 2008
42-0033915637,646 ftDec 2003Yes
42-0033385828,270 ftJul 1997
42-0030468616,500 ftJan 1971

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 (269)

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

269 months

May 202600106.413.05$0
Apr 20268,7718,51698.932.87$892,154
Mar 20262,4109,92089.753.15$247,540
Feb 20261,6348,97763.503.75$137,426
Jan 20261,8047,46859.138.00$166,399
Dec 20252,1529,35756.664.41$163,228
Nov 20251,8568,85158.593.93$143,496
Oct 20251,9299,62459.383.30$146,350
Sep 20252,28110,23362.743.08$174,596
Aug 20251,78510,77863.933.01$146,608
Jul 20252,08311,20966.743.32$176,180
Jun 20251,5188,60366.483.13$127,833
May 20252,00810,08660.553.23$154,186
Apr 20251,89810,18562.363.54$154,446
Mar 20251,90110,36967.704.27$172,956
Feb 20251,8958,36570.884.34$170,629
Jan 20252,01710,54674.324.28$195,026
Dec 20242,2819,65568.993.12$187,503
Nov 20241,88310,32469.052.20$152,718
Oct 20241,8119,88971.372.28$151,812
Sep 20242,1539,93269.612.36$173,353
Aug 20241,87210,32175.632.06$162,878
Jul 20242,18610,34279.932.15$196,927
Jun 20242,03011,20178.082.63$188,006
May 20242,19411,04578.812.20$197,191
Apr 20241,95811,13784.451.66$183,832
Mar 20242,2159,23280.301.55$192,129
Feb 20242,3198,83976.091.78$192,218
Jan 20242,2138,81173.023.30$190,649
Dec 20232,4979,44471.262.61$202,592
Nov 20232,3938,98377.892.81$211,611
Oct 20232,1219,92885.443.09$211,869
Sep 20233,11410,92089.042.74$307,137
Aug 20233,57810,92080.522.67$317,288
Jul 20231,7289,79574.852.64$155,217
Jun 20231,7248,52068.962.26$138,129
May 20231,6708,55470.622.23$136,989
Apr 20232,1339,09378.122.24$186,978
Mar 20232,0349,82872.852.39$171,697
Feb 20231,5978,27675.112.47$140,357
Jan 20231,9529,62376.533.39$181,987
Dec 20222,1219,64276.415.73$217,305
Nov 20222,0049,49085.005.65$223,922
Oct 20222,1559,68687.185.86$244,669
Sep 20221,8119,96084.888.16$235,028
Aug 20222,28311,13894.529.13$317,447
Jul 20222,20710,686101.587.54$304,782
Jun 20222,08910,452115.097.98$323,801
May 20222,20910,526109.378.43$330,365
Apr 20222,16310,967104.226.84$300,416
Mar 20222,64711,828108.885.08$348,249
Feb 20222,15311,25891.054.86$250,731
Jan 20222,69712,22081.844.54$276,173
Dec 20212,919071.323.90$208,183
Nov 20212,40611,66577.435.24$247,384
Oct 20212,96712,40179.795.71$307,595
Sep 20213,2766,77569.865.35$265,114
Aug 20212,4939,67866.024.22$205,435
Jul 20212,45411,73370.783.98$220,416
Jun 20212,35411,93969.493.38$203,941
May 20212,42612,81663.483.02$192,677
Apr 20212,3618,74660.362.76$166,635
Mar 20213,1178,91161.302.72$215,283
Feb 20212,3027,40057.805.55$174,110
Jan 20212,73014,33650.412.81$177,907
Dec 20202,96814,78644.642.68$172,051
Nov 20203,19214,86138.772.71$163,976
Oct 20203,53615,47736.972.48$169,085
Sep 20202,66110,70437.091.99$120,009
Aug 20202,79212,29439.982.39$140,947
Jul 20201,8988,57938.371.83$88,484
Jun 20202,3899,67634.901.69$99,732
May 20202,0908,31616.921.81$50,454
Apr 20202,6248,61414.751.80$54,247
Mar 20203,21713,83330.341.86$123,281
Feb 20203,31513,38949.881.98$191,871
Jan 20203,99115,89557.252.09$261,781
Dec 20194,11015,85259.012.30$279,060
Nov 20193,82014,01355.302.75$249,792
Oct 20194,10215,55653.472.42$256,957
Sep 20194,24215,76955.052.66$275,425
Aug 20193,65314,85653.112.30$228,244
Jul 20194,65013,03856.272.46$293,730
Jun 20194,04814,59952.782.49$250,022
May 20193,30811,58558.482.74$225,198
Apr 20192,54811,66562.632.75$191,668
Mar 20192,93113,30056.803.06$207,207
Feb 20192,72110,57650.852.79$167,893
Jan 20193,58512,49946.033.23$205,367
Dec 20183,48512,05746.594.19$212,830
Nov 20182,5948,65252.934.24$173,961
Oct 20182,51110,50261.443.40$189,962
Sep 20182,57110,14159.543.11$184,596
Aug 20182,94111,95059.403.07$211,341
Jul 20182,90610,72765.142.93$220,747
Jun 20182,82410,00460.183.08$200,730
May 20182,3248,76465.382.90$177,366
Apr 20182,93210,20063.842.90$216,767
Mar 20182,97411,90161.222.79$215,234
Feb 20182,57811,13161.782.77$190,059
Jan 20182,83710,66462.874.01$221,118
Dec 20172,9498,80857.272.92$194,622
Nov 20173,03612,65855.423.12$207,727
Oct 20173,49815,13049.292.98$217,560
Sep 20173,12613,20347.523.09$189,309
Aug 20172,99112,56845.373.00$173,461
Jul 20172,65611,68643.873.09$152,597
Jun 20173,14311,39742.493.09$168,732
May 20173,47212,58045.373.26$198,578
Apr 20173,47414,22847.933.21$212,203
Mar 20173,82215,24246.772.98$224,232
Feb 20173,24413,70950.452.95$204,137
Jan 20173,36515,88949.413.42$220,586
Dec 20162,90615,34248.763.72$198,812
Nov 20163,33514,81942.492.64$180,891
Oct 20163,85313,96846.193.09$221,135
Sep 20163,69714,20841.553.10$197,664
Aug 20163,39114,96941.442.92$184,297
Jul 20163,30315,70941.622.92$183,409
Jun 20163,85515,47645.352.69$216,390
May 20164,14515,92642.521.99$207,955
Apr 20163,77314,56936.561.99$166,948
Mar 20164,12115,40933.011.79$163,678
Feb 20163,74013,13326.472.06$126,099
Jan 20164,23513,20927.352.36$147,058
Dec 20154,01814,71232.362.00$159,467
Nov 20154,12711,86538.792.17$185,802
Oct 20153,86311,65643.552.43$196,518
Sep 20154,02511,02942.992.76$203,457
Aug 20153,1039,00940.162.87$150,495
Jul 20153,1819,41948.152.95$180,905
Jun 20153,0048,70356.152.88$193,764
May 20153,3839,77555.212.96$215,665
Apr 20154,0759,42849.822.71$228,534
Mar 20153,4179,84942.892.93$175,459
Feb 20153,3559,28244.662.98$177,459
Jan 20153,0149,57543.433.10$160,587
Dec 20143,22510,88854.693.59$215,478
Nov 20143,29518,75470.464.25$311,905
Oct 20143,33719,04878.303.90$335,593
Sep 20143,29217,91686.164.05$356,117
Aug 20143,81821,59789.394.04$428,438
Jul 20142,59617,25796.564.18$322,797
Jun 20142,12114,47898.164.74$276,778
May 20142,76314,47794.734.73$330,165
Apr 20143,56312,54495.944.81$402,160
Mar 20144,10115,93895.895.06$473,840
Feb 20143,40713,92097.406.19$418,034
Jan 20144,82319,80190.404.86$532,246
Dec 20134,60119,71191.824.35$508,295
Nov 20134,24823,07988.853.74$463,711
Oct 20136,33323,22497.423.78$704,733
Sep 20136,30622,169104.113.72$738,936
Aug 20135,07127,512104.253.52$625,566
Jul 20134,47824,036102.523.72$548,444
Jun 20135,12328,21194.403.93$594,577
May 20135,45331,74594.834.15$648,821
Apr 20133,61131,88293.964.28$475,827
Mar 20134,74314,60593.623.91$501,187
Feb 20134,73520,44291.233.42$501,884
Jan 20136,27921,47691.603.42$648,602
Dec 20126,89419,62886.773.42$665,323
Nov 20125,85218,67486.953.62$576,524
Oct 20126,85317,34389.383.40$671,482
Sep 20126,17217,83194.672.92$636,341
Aug 20127,64717,51692.662.91$759,510
Jul 20127,93120,22785.133.02$736,268
Jun 20126,97521,19579.822.52$610,136
May 20125,52823,13291.612.49$563,980
Apr 20125,74326,257101.652.00$636,206
Mar 20126,82731,482105.052.22$787,132
Feb 20126,30229,252101.102.57$712,317
Jan 20127,32328,44098.092.73$796,070
Dec 20114,82117,76096.873.24$524,548
Nov 20114,89816,12395.723.31$522,224
Oct 20115,42219,20484.983.65$530,828
Sep 20115,26617,60883.623.99$510,525
Aug 20114,97915,87883.404.15$481,132
Jul 20115,41117,51694.144.52$588,516
Jun 20116,49218,97492.904.64$691,144
May 20116,92317,39298.134.40$755,963
Apr 20117,84115,327105.964.33$897,249
Mar 20116,93317,51996.364.06$739,144
Feb 20116,32521,22985.644.18$630,410
Jan 20116,63522,83586.504.59$678,712
Dec 20107,86827,92485.734.35$795,930
Nov 201010,05029,74380.843.80$925,327
Oct 20108,08221,09478.103.51$705,221
Sep 20109,44626,39972.633.98$791,117
Aug 201010,59623,41173.684.42$884,175
Jul 20109,42720,15772.554.74$779,402
Jun 20107,77615,40870.364.91$622,779
May 20105,27012,41371.124.24$427,374
Apr 20107,5339,61381.694.12$655,002
Mar 20105,7939,42378.394.39$495,468
Feb 20106,34211,11273.585.44$527,120
Jan 20103,7819,72474.365.96$339,150
Dec 20094,1409,77271.445.48$349,349
Nov 20091,65210,78774.593.75$163,690
Oct 20091,83111,88472.544.11$181,667
Sep 20091,66510,81465.543.06$142,266
Aug 20092,02111,39867.423.22$172,940
Jul 20092,06012,56461.133.46$169,456
Jun 20091,96312,17366.163.90$177,286
May 20092,43413,50454.743.93$186,250
Apr 20092,72711,44446.773.59$168,597
Mar 20093,04610,24742.144.06$169,951
Feb 20092,8259,15932.814.63$135,122
Jan 20092,6059,91135.865.37$146,647
Dec 20082,67814,31237.105.98$184,899
Nov 20082,42115,24555.496.86$238,927
Oct 20082,96316,91475.246.92$340,014
Sep 20083,55210,850101.767.88$446,918
Aug 20083,01814,929114.228.48$471,359
Jul 20082,42716,060131.0811.39$501,045
Jun 20082,49512,704131.3313.03$493,235
May 20083,07411,401123.1711.57$510,583
Apr 20082,96912,366110.3110.45$456,795
Mar 20083,26616,635101.909.66$493,567
Feb 20083,69416,88592.538.77$489,897
Jan 20083,56417,69890.388.21$467,339
Dec 20074,19319,50788.337.30$512,807
Nov 20074,13122,30191.677.29$541,301
Oct 20074,48224,62282.856.92$541,767
Sep 20074,33624,00575.846.24$478,733
Aug 20074,51027,08369.066.39$484,465
Jul 20075,18925,40170.906.39$530,160
Jun 20074,62423,44562.007.55$463,661
May 20076,33728,61258.747.85$596,733
Apr 20076,93826,91759.617.81$623,667
Mar 20075,47324,85756.927.30$493,028
Feb 20075,23621,61855.108.22$466,117
Jan 20075,22725,13350.306.73$431,984
Dec 20066,12225,82356.656.92$525,466
Nov 20066,84624,84554.207.62$560,309
Oct 20066,44125,99054.906.01$509,910
Sep 20066,27225,34460.085.04$504,485
Aug 20065,53126,01368.717.34$570,968
Jul 20065,78528,30269.376.34$580,818
Jun 20065,66826,20666.286.38$542,971
May 20065,03525,52166.016.42$496,333
Apr 20063,73622,30764.397.36$404,751
Mar 20064,57624,60356.707.08$433,720
Feb 20064,96921,71657.597.75$454,488
Jan 20064,12119,07860.598.93$420,121
Dec 20054,98820,32654.9413.42$546,722
Nov 20055,43919,20154.6910.59$500,767
Oct 20056,22122,48258.3413.80$673,089
Sep 20055,47821,28261.4512.08$593,688
Aug 20055,60926,03261.519.80$600,041
Jul 20052,94017,76855.697.84$303,094
Jun 20052,42215,75352.337.38$243,017
May 20052,58315,78745.226.65$221,805
Apr 20052,81320,10349.207.36$286,367
Mar 20053,61031,90550.377.15$410,112
Feb 20052,90017,78045.226.31$243,364
Jan 20053,8438,08943.166.32$217,004
Dec 20048452,78139.866.75$52,456
Nov 200411444345.286.33$7,966
Oct 200428792749.706.52$20,303
Sep 200420393843.245.28$13,734
Aug 200451291242.375.55$26,756
Jul 200451286238.286.08$24,844
Jun 200459883236.106.43$26,940
May 20046831,04337.486.49$32,373
Apr 20044971,16434.475.86$23,951
Mar 20047641,34034.365.53$33,661
Feb 20041,2031,21032.455.51$45,704
Jan 20041,3001,24432.036.30$49,476

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.

Apr 2026 — as filed, then multipliedworked
Oil                8,771 bbl  × $ 98.93 =   $867,715
Casinghead gas     8,516 Mcf  × $  2.87 =    $24,439

────────────────────────────────────────────────────
Month total                                 $892,154

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/O/37209 is the state's own key, not one this site invented.