MATADOR 6-33

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 45423District 08Field 71052900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$17.7 M
Feb 2014 – Sep 2017
Value, last 12 filed months
$1.3 M
at the published price for each month
Months reported
44
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
OilDisposition276,005 bbl$16,082,399
Casinghead gasProduction478,911 Mcf$1,583,431
Total$17,665,830

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 31.3422, -103.4405. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

31.34223, -103.44049 · 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%
2 of 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
10,944 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
2100.0%
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.
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

Between 10,888 and 10,999 ft, median 10,944 ft, over the 2 wells that filed a depth.

Completions filed
Feb 2014 – Dec 2014
2 of 2 wells

2 wells

42-389342452H10,999 ftDec 2014Yes
42-389339741H10,888 ftFeb 2014Yes

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 (44)

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

44 months

Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20176,59413,99147.933.21$360,984
Mar 20172,2343,10546.772.98$113,749
Feb 20171,6913,39250.452.95$95,326
Jan 20172,0623,35849.413.42$113,364
Dec 20163,1175,42748.763.72$172,189
Nov 20165,4568,64842.492.64$254,694
Oct 20164,5767,70146.193.09$235,164
Sep 20164,7317,63041.553.10$220,231
Aug 20164,9138,20341.442.92$227,583
Jul 20165,3429,61941.622.92$250,463
Jun 20165,7979,71245.352.69$288,979
May 20165,88019,11242.521.99$288,070
Apr 20166,80119,31836.561.99$287,107
Mar 20165,73016,73333.011.79$219,166
Feb 20166,04219,10226.472.06$199,351
Jan 20166,68114,94627.352.36$218,063
Dec 20156,1217,13432.362.00$212,354
Nov 20156,0169,85738.792.17$254,724
Oct 20156,5064,40443.552.43$294,023
Sep 20155,6927,55642.992.76$265,542
Aug 20157,96514,65540.162.87$361,971
Jul 20157,38910,38548.152.95$386,365
Jun 20156,7126,27256.152.88$394,960
May 20158,29715,03855.212.96$502,521
Apr 20157,81212,94149.822.71$424,220
Mar 20159,23114,17042.892.93$437,502
Feb 201511,34113,84144.662.98$547,683
Jan 201511,47117,44643.433.10$552,279
Dec 201424,53926,29754.693.59$1,436,480
Nov 20143,3399,97670.464.25$277,682
Oct 20144,18512,33878.303.90$375,816
Sep 20146,12910,31186.164.05$569,787
Aug 20144,98710,05789.394.04$486,369
Jul 20145,37612,37396.564.18$570,821
Jun 20148,17813,56298.164.74$866,994
May 201410,71318,27094.734.73$1,101,197
Apr 201411,79622,18795.944.81$1,238,408
Mar 201423,79834,85395.895.06$2,458,235
Feb 20147654,99197.406.19$105,415

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 2017 — as filed, then multipliedworked
Oil                6,594 bbl  × $ 47.93 =   $316,050
Casinghead gas    13,991 Mcf  × $  3.21 =    $44,934

────────────────────────────────────────────────────
Month total                                 $360,984

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/45423 is the state's own key, not one this site invented.