SEARLS 34-115

Operated by APACHE CORPORATION (P-5 27200) 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 39431District 08Field 71052900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$20.5 M
Jan 2009 – May 2026
Value, last 12 filed months
$64 k
at the published price for each month
Months reported
209
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
OilDisposition265,629 bbl$17,847,659
Casinghead gasProduction735,390 Mcf$2,669,451
Total$20,517,110

Wells on this lease (2)

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 31.4568, -103.2248. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

31.45676, -103.22480 · 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
50.0%
1 of 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
11,724 ft
2 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
150.0%
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.
150.0%

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

Between 11,255 and 12,192 ft, median 11,724 ft, over the 2 wells that filed a depth.

Completions filed
Feb 2009 – Sep 2014
2 of 2 wells

2 wells

42-475367372H12,192 ftSep 2014Yes
42-475354671H11,255 ftFeb 2009

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 (209)

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

209 months

May 2026031106.413.05$94
Apr 20260098.932.87$0
Mar 20260789.753.15$22
Feb 20262078463.503.75$13,460
Jan 202607659.138.00$608
Dec 20256035756.664.41$4,975
Nov 2025025158.593.93$986
Oct 202534021359.383.30$20,893
Sep 2025022462.743.08$689
Aug 202502,17263.933.01$6,548
Jul 202502,71066.743.32$8,984
Jun 20258916266.483.13$6,424
May 202508160.553.23$262
Apr 202506162.363.54$216
Mar 202518311367.704.27$12,871
Feb 2025051170.884.34$2,218
Jan 202511772274.324.28$11,785
Dec 202412486168.993.12$11,242
Nov 202425385669.052.20$19,352
Oct 202444784871.372.28$33,837
Sep 202414952969.612.36$11,623
Aug 202414948475.632.06$12,268
Jul 2024023179.932.15$496
Jun 202428222178.082.63$22,601
May 202412514078.812.20$10,159
Apr 202427411984.451.66$23,337
Mar 202420325080.301.55$16,687
Feb 202417534676.091.78$13,933
Jan 20249420473.023.30$7,537
Dec 2023275071.262.61$19,597
Nov 202310131577.892.81$8,751
Oct 202318113285.443.09$15,872
Sep 202317921189.042.74$16,515
Aug 20231848780.522.67$15,048
Jul 20239116874.852.64$7,255
Jun 202334221068.962.26$24,059
May 202328025670.622.23$20,344
Apr 20239435378.122.24$8,133
Mar 202337120772.852.39$27,523
Feb 20232872375.112.47$21,613
Jan 2023942176.533.39$7,265
Dec 20222932176.415.73$22,508
Nov 20222012085.005.65$17,198
Oct 2022823587.185.86$7,354
Sep 202219410184.888.16$17,291
Aug 20221938294.529.13$18,991
Jul 202219131101.587.54$19,636
Jun 202229043115.097.98$33,719
May 202217981109.378.43$20,260
Apr 20229439104.226.84$10,063
Mar 20224611108.885.08$5,064
Feb 20221813191.054.86$2,275
Jan 20224821,32381.844.54$45,450
Dec 20215251,18171.323.90$42,048
Nov 202152495977.435.24$45,595
Oct 202148693679.795.71$44,126
Sep 202163298269.865.35$49,406
Aug 20215421,22966.024.22$40,970
Jul 20211,08685970.783.98$80,288
Jun 20215411,04269.493.38$41,117
May 20217451,33863.483.02$51,330
Apr 20211,0761,57360.362.76$69,286
Mar 20219041,72361.302.72$60,096
Feb 20217331,35357.805.55$49,874
Jan 20219101,39950.412.81$49,805
Dec 20201,0821,13444.642.68$51,334
Nov 20201,0711,57338.772.71$45,780
Oct 20209021,15636.972.48$36,212
Sep 20200037.091.99$0
Aug 20201,9572,48939.982.39$84,177
Jul 20202,1213,32138.371.83$87,444
Jun 20208941,21634.901.69$33,256
May 20202,2932,02316.921.81$42,469
Apr 20208621,30214.751.80$15,064
Mar 20200030.341.86$0
Feb 202052926449.881.98$26,909
Jan 20201,0815,40557.252.09$73,209
Dec 20199122,88359.012.30$60,461
Nov 20197953,16855.302.75$52,678
Oct 20198473,99153.472.42$54,941
Sep 20193352,32255.052.66$24,612
Aug 20196965,08153.112.30$48,673
Jul 20191,01671656.272.46$58,932
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 201905962.632.75$162
Mar 201905456.803.06$165
Feb 20190050.852.79$0
Jan 201905146.033.23$165
Dec 201824125946.594.19$12,312
Nov 20187201,53952.934.24$44,631
Oct 20186794,70761.443.40$57,713
Sep 20185445,03459.543.11$48,035
Aug 20181,0996,67959.403.07$85,762
Jul 20187255,00265.142.93$61,892
Jun 20189543,03860.183.08$66,759
May 20189654,19065.382.90$75,246
Apr 20189343,43963.842.90$69,602
Mar 20187794,45361.222.79$60,100
Feb 20185412,89761.782.77$41,436
Jan 20186333,79362.874.01$55,004
Dec 20176232,83857.272.92$43,970
Nov 20177133,57155.423.12$50,650
Oct 20177926,02849.292.98$57,023
Sep 20178613,79247.523.09$52,622
Aug 20176143,79945.373.00$39,271
Jul 20178683,75443.873.09$49,669
Jun 20171,0043,46542.493.09$53,357
May 20171,4265,20145.373.26$81,671
Apr 20171,4425,29747.933.21$86,127
Mar 20172,2195,34146.772.98$119,718
Feb 20171,6524,93050.452.95$97,900
Jan 20172,1284,49249.413.42$120,502
Dec 20162,3104,94448.763.72$131,041
Nov 20161,8884,62742.492.64$92,457
Oct 20160046.193.09$0
Sep 2016921641.553.10$3,872
Aug 20162698841.442.92$11,405
Jul 201635523041.622.92$15,448
Jun 20167161,21345.352.69$35,729
May 20161,0342,74942.521.99$49,439
Apr 20161,2212,49036.561.99$49,597
Mar 20161,1932,53433.011.79$43,927
Feb 20161,0972,40226.472.06$33,994
Jan 20168532,41827.352.36$29,047
Dec 20158852,58032.362.00$33,802
Nov 20158762,70638.792.17$39,845
Oct 20157162,64043.552.43$37,588
Sep 20158342,81742.992.76$43,624
Aug 20157902,85640.162.87$39,930
Jul 20158323,42448.152.95$50,145
Jun 20158653,58056.152.88$58,890
May 20154683,56355.212.96$36,369
Apr 20151,2133,63749.822.71$70,275
Mar 20151,1923,87942.892.93$62,509
Feb 20151,1043,63644.662.98$60,126
Jan 20151,3604,22443.433.10$72,162
Dec 20141,7425,15154.693.59$113,769
Nov 20142,2504,78170.464.25$178,863
Oct 20141,5765,89178.303.90$146,381
Sep 20142,0925,60386.164.05$202,913
Aug 20143528689.394.04$31,812
Jul 20140096.564.18$0
Jun 20145381,74898.164.74$61,090
May 20141,0941,79694.734.73$112,124
Apr 20141,1231,38195.944.81$114,382
Mar 20147461,52595.895.06$79,246
Feb 20147662,25097.406.19$88,540
Jan 20141,6443,65490.404.86$166,379
Dec 20133322,11491.824.35$39,690
Nov 20133671,44488.853.74$38,006
Oct 20139103,23697.423.78$100,882
Sep 20131,1064,464104.113.72$131,742
Aug 20131,4166,556104.253.52$170,712
Jul 20135592,124102.523.72$65,205
Jun 20131,4583,91394.403.93$153,027
May 20131,1063,12494.834.15$117,844
Apr 20135462,34593.964.28$61,345
Mar 20131,0822,38093.623.91$110,609
Feb 20131,4333,71191.233.42$143,424
Jan 20131,1003,05091.603.42$111,191
Dec 20121,6585,35286.773.42$162,169
Nov 20121,6474,43086.953.62$159,265
Oct 20121,7911,20089.383.40$164,159
Sep 20121,7384,15894.672.92$176,671
Aug 20121,4225,04192.662.91$146,423
Jul 20121,9246,08685.133.02$182,175
Jun 20121,9644,40979.822.52$167,873
May 20121,8527,52991.612.49$188,396
Apr 20122,0088,468101.652.00$221,022
Mar 20122,1658,669105.052.22$246,696
Feb 20121,8588,015101.102.57$208,444
Jan 20121,7975,66398.092.73$191,751
Dec 20112,3794,01296.873.24$243,452
Nov 20112,0001,97695.723.31$197,983
Oct 20112,0132,88384.983.65$181,583
Sep 20111,7362,93283.623.99$156,851
Aug 20112,0606,61883.404.15$199,264
Jul 20112,4607,42294.144.52$265,111
Jun 20112,2187,44192.904.64$240,578
May 20112,0186,93498.134.40$228,569
Apr 20112,6207,488105.964.33$310,063
Mar 20112,4807,90696.364.06$271,050
Feb 20111,6376,95785.644.18$169,273
Jan 20112,9318,69486.504.59$293,426
Dec 20102,8806,98385.734.35$277,263
Nov 20102,1976,38480.843.80$201,835
Oct 20103,1146,60878.103.51$266,390
Sep 20102,7348,94772.633.98$234,175
Aug 20102,4986,35273.684.42$212,124
Jul 20102,9198,68872.554.74$252,924
Jun 20103,2298,90870.364.91$270,934
May 20103,4568,79271.124.24$283,027
Apr 20102,7237,01481.694.12$251,358
Mar 20104,01312,38278.394.39$368,920
Feb 20103,63811,54373.585.44$330,505
Jan 20104,30912,22974.365.96$393,352
Dec 20094,93215,17271.445.48$435,542
Nov 20094,19110,87974.593.75$353,419
Oct 20093,9849,52472.544.11$328,145
Sep 20093,9728,78065.543.06$287,233
Aug 20094,4878,61067.423.22$330,225
Jul 20096,40918,16861.133.46$454,725
Jun 20097,02720,89666.163.90$546,296
May 20098,82325,54754.743.93$583,262
Apr 200912,39228,95946.773.59$683,464
Mar 200914,91239,11242.144.06$787,147
Feb 20091,6841,96532.814.63$64,356
Jan 20091,963035.865.37$70,393

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
Oil                    0 bbl  × $106.41 =         $0
Casinghead gas        31 Mcf  × $  3.05 =        $94

────────────────────────────────────────────────────
Month total                                      $94

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/39431 is the state's own key, not one this site invented.