MATTHES STATE

Operated by CENTENNIAL RESOURCE PROD, LLC (P-5 141077) in the PHANTOM (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 39360District 08Field 71052900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$4.1 M
Nov 2008 – Sep 2018
Value, last 12 filed months
$189 k
at the published price for each month
Months reported
119
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition57,595 bbl$3,593,375
Casinghead gasProduction136,313 Mcf$514,065
Total$4,107,440

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 31.3962, -103.4256. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.39622, -103.42562 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
10,750 ft
1 wells filed one
Completion to plug
10.9 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 10,750 ft.

Completions filed
Nov 2008
1 of 1 wells
Plug dates filed
Oct 2019
1 of 1 wells

Last completion to plug: a median of 10.9 years across the 1 well that filed both dates, with the middle half between 10.9 years and 10.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-389325541H10,750 ftNov 2008Oct 2019Yes

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 (119)

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

119 months

Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 2018751063.842.90$47,944
Mar 201801,06761.222.79$2,974
Feb 20189361,30361.782.77$61,430
Jan 201838695862.874.01$28,109
Dec 201736875257.272.92$23,272
Nov 201738280855.423.12$23,690
Oct 2017050949.292.98$1,519
Sep 201735525947.523.09$17,669
Aug 20173771,02345.373.00$20,178
Jul 20173441,29043.873.09$19,074
Jun 20173491,24242.493.09$18,663
May 20173531,16145.373.26$19,804
Apr 20175351,21147.933.21$29,532
Mar 201736162346.772.98$18,743
Feb 201735675850.452.95$20,198
Jan 201736379649.413.42$20,657
Dec 201635243848.763.72$18,794
Nov 201635984242.492.64$17,480
Oct 20163471,11346.193.09$19,467
Sep 20167101,43841.553.10$33,959
Aug 20163671,37441.442.92$19,227
Jul 20163621,39841.622.92$19,155
Jun 20163661,76945.352.69$21,349
May 20165531,75442.521.99$27,006
Apr 20163721,28336.561.99$16,155
Mar 201636493533.011.79$13,693
Feb 201673692226.472.06$21,385
Jan 201636793527.352.36$12,248
Dec 20153611,18932.362.00$14,062
Nov 20153571,32838.792.17$16,726
Oct 20157451,31443.552.43$35,633
Sep 20153661,63142.992.76$20,233
Aug 20153631,65740.162.87$19,338
Jul 20158831,54448.152.95$47,064
Jun 20153521,98056.152.88$25,473
May 20159121,79155.212.96$55,645
Apr 20159331,60049.822.71$50,813
Mar 20153802,44342.892.93$23,468
Feb 20151,1302,12844.662.98$56,799
Jan 201536571143.433.10$18,057
Dec 201437730954.693.59$21,728
Nov 201439465370.464.25$30,538
Oct 201438258078.303.90$32,173
Sep 201435789786.164.05$34,388
Aug 201436074889.394.04$35,199
Jul 201437889096.564.18$40,220
Jun 20143651,30398.164.74$42,001
May 20141,1212,26694.734.73$116,903
Apr 201436525995.944.81$36,264
Mar 201486495.895.06$1,091
Feb 2014011397.406.19$700
Jan 201474411690.404.86$67,821
Dec 201309191.824.35$396
Nov 201386488.853.74$950
Oct 201339212697.423.78$38,665
Sep 20135337104.113.72$1,773
Aug 2013365458104.253.52$39,665
Jul 2013191495102.523.72$21,422
Jun 201319667894.403.93$21,169
May 201338288694.834.15$39,901
Apr 201318688793.964.28$21,275
Mar 201338168293.623.91$38,338
Feb 201318786691.233.42$20,022
Jan 201354581391.603.42$52,702
Dec 201218369986.773.42$18,270
Nov 201218282786.953.62$18,823
Oct 201236090889.383.40$35,264
Sep 201234891394.672.92$35,610
Aug 201234591692.662.91$34,632
Jul 201234999985.133.02$32,728
Jun 201217713779.822.52$14,473
May 201235058991.612.49$33,529
Apr 2012371741101.652.00$39,192
Mar 2012370689105.052.22$40,400
Feb 2012708853101.102.57$73,771
Jan 201218278898.092.73$20,007
Dec 201139079496.873.24$40,352
Nov 201118045795.723.31$18,743
Oct 201151528184.983.65$44,790
Sep 20115373683.623.99$45,047
Aug 20113639083.404.15$30,648
Jul 20111913294.144.52$18,125
Jun 20113674592.904.64$34,303
May 201139516098.134.40$39,466
Apr 2011193409105.964.33$22,223
Mar 20115371,31696.364.06$57,085
Feb 201137191085.644.18$35,576
Jan 20113671,28186.504.59$37,624
Dec 20105471,21485.734.35$52,172
Nov 20103561,50580.843.80$34,491
Oct 20103691,46478.103.51$33,956
Sep 20105351,66072.633.98$45,463
Aug 20105471,50573.684.42$46,954
Jul 20103681,73572.554.74$34,916
Jun 20105181,64770.364.91$44,534
May 20107202,31371.124.24$61,002
Apr 20109041,91481.694.12$81,739
Mar 20103571,17378.394.39$33,133
Feb 201007773.585.44$419
Jan 201036592174.365.96$32,634
Dec 20095431,63971.445.48$47,780
Nov 20097081,73074.593.75$59,300
Oct 20095281,90272.544.11$46,119
Sep 20097081,85965.543.06$52,100
Aug 20095311,20167.423.22$39,665
Jul 20099071,47261.133.46$60,545
Jun 20097112,46166.163.90$56,625
May 20098762,50254.743.93$57,774
Apr 20091,5653,88646.773.59$87,136
Mar 20091,6685,10942.144.06$91,027
Feb 20091,4484,14432.814.63$66,708
Jan 20092,5104,88835.865.37$116,262
Dec 20083,5997,72237.105.98$179,678
Nov 20081,0691,94255.496.86$72,642

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 2018 — as filed, then multipliedworked
Oil                  751 bbl  × $ 63.84 =    $47,944
Casinghead gas         0 Mcf  × $  2.90 =         $0

────────────────────────────────────────────────────
Month total                                  $47,944

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/39360 is the state's own key, not one this site invented.