STATE OATMAN

Operated by HEXP OPERATING, LLC (P-5 383192) 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 45354District 08Field 71052900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$3.1 M
Oct 2012 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
164
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
OilDisposition32,520 bbl$2,468,025
Casinghead gasProduction187,602 Mcf$632,035
Total$3,100,060

Wells on this lease (4)

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 31.4956, -103.6824. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

31.49558, -103.68237 · 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%
2 of 4 wells
With a plug date
0.0%
0 of 4 wells
Median depth
11,585 ft
4 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
250.0%
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.
250.0%

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 10,923 and 12,300 ft, median 11,585 ft, over the 4 wells that filed a depth.

Completions filed
Jan 2012 – May 2021
4 of 4 wells

4 wells

42-38933016411,736 ftMay 2021Yes
42-38933051510,923 ftMay 2021Yes
42-38933011211,433 ftMay 2021
42-38932974312,300 ftJan 2012

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 (164)

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

164 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 202069036.972.48$2,551
Sep 202060037.091.99$2,225
Aug 20200039.982.39$0
Jul 20208038.371.83$307
Jun 20200034.901.69$0
May 202064016.921.81$1,083
Apr 2020059814.751.80$1,079
Mar 20206363230.341.86$3,085
Feb 202025384149.881.98$14,285
Jan 2020078857.252.09$1,651
Dec 20195189459.012.30$5,070
Nov 20191071,24455.302.75$9,339
Oct 201910686653.472.42$7,762
Sep 20191721,23355.052.66$12,745
Aug 20192211,95453.112.30$16,240
Jul 2019140756.272.46$1,058
Jun 201910945352.782.49$6,882
May 20192329958.482.74$2,164
Apr 20192381,07062.632.75$17,849
Mar 20191251,55756.803.06$11,868
Feb 201923183050.852.79$14,064
Jan 20192271,53846.033.23$15,414
Dec 20181221,91446.594.19$13,695
Nov 201822197752.934.24$15,837
Oct 20182461,39361.443.40$19,848
Sep 20181201,00759.543.11$10,275
Aug 20181281,31359.403.07$11,630
Jul 201812284365.142.93$10,419
Jun 20183721,04860.183.08$25,612
May 20181201,61865.382.90$12,539
Apr 20181151,39663.842.90$11,391
Mar 20182622,46861.222.79$22,918
Feb 20181252,28161.782.77$14,032
Jan 20181201,05562.874.01$11,774
Dec 20172521,07157.272.92$17,561
Nov 20172702,66955.423.12$23,286
Oct 20171292,89949.292.98$15,008
Sep 20172763,30647.523.09$23,322
Aug 20174264,04345.373.00$31,474
Jul 20171553,59143.873.09$17,886
Jun 20172832,96942.493.09$21,191
May 20175444,59245.373.26$39,667
Apr 20174041,49147.933.21$24,152
Mar 2017353,02146.772.98$10,651
Feb 20178023,15450.452.95$49,773
Jan 201711,27849.413.42$4,419
Dec 2016131,35748.763.72$5,686
Nov 201601,41942.492.64$3,752
Oct 20162661,79246.193.09$17,824
Sep 20162641,77841.553.10$16,482
Aug 201681,66241.442.92$5,192
Jul 20160041.622.92$0
Jun 20162693445.352.69$12,290
May 201601,16942.521.99$2,328
Apr 20161341,21936.561.99$7,326
Mar 20161411,85233.011.79$7,977
Feb 20165481,94526.472.06$18,519
Jan 201601,19027.352.36$2,814
Dec 20152741,08132.362.00$11,030
Nov 20151362,19538.792.17$10,033
Oct 201513667543.552.43$7,561
Sep 201526397242.992.76$13,988
Aug 201526310040.162.87$10,849
Jul 201526317248.152.95$13,170
Jun 2015402156.152.88$22,575
May 2015396055.212.96$21,863
Apr 20150249.822.71$5
Mar 201527214042.892.93$12,077
Feb 201527071044.662.98$14,171
Jan 2015055243.433.10$1,712
Dec 20142592354.693.59$14,247
Nov 2014012870.464.25$544
Oct 2014136078.303.90$10,649
Sep 2014269086.164.05$23,177
Aug 2014510089.394.04$45,589
Jul 2014252096.564.18$24,333
Jun 2014273098.164.74$26,798
May 2014279394.734.73$26,444
Apr 20145453895.944.81$52,470
Mar 201454330295.895.06$53,595
Feb 20144261,85897.406.19$52,997
Jan 201458792190.404.86$57,542
Dec 20137442591.824.35$68,423
Nov 201330591688.853.74$30,524
Oct 201361581297.423.78$62,982
Sep 20139941,101104.113.72$107,579
Aug 20131,0401,114104.253.52$112,344
Jul 20133290102.523.72$33,729
Jun 20138552,65694.403.93$91,159
May 20133364,16494.834.15$49,140
Apr 20131,34915,59693.964.28$193,543
Mar 20131,14112,43393.623.91$155,469
Feb 20135853,56991.233.42$65,575
Jan 20131,1544,90091.603.42$122,464
Dec 20121,5539,83586.773.42$168,391
Nov 20123,73527,50486.953.62$424,459
Oct 20121,61011,08689.383.40$181,591

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.

Oct 2020 — as filed, then multipliedworked
Oil                   69 bbl  × $ 36.97 =     $2,551
Casinghead gas         0 Mcf  × $  2.48 =         $0

────────────────────────────────────────────────────
Month total                                   $2,551

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/45354 is the state's own key, not one this site invented.