MineralRecord
Log inSign up

TEAGUE-OWENS UNIT

Operated by DIAMONDBACK E&P LLC (P-5 217012) 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 47961District 08Field 71052900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$28.8 M
Aug 2016 – May 2026
Value, last 12 filed months
$996 k
at the published price for each month
Months reported
118
no gaps in the span
Streams
2
oil, casinghead gas

The PHANTOM (WOLFCAMP) field

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
OilDisposition446,822 bbl$25,602,445
Casinghead gasProduction943,668 Mcf$3,152,749
Total$28,755,193

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 31.3366, -103.5378. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.33662, -103.53781 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
10,536 ft
1 wells filed one
Completion to plug
—
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
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.
1100.0%

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 10,536 ft.

Completions filed
Aug 2016
1 of 1 wells

1 well

42-389349881H10,536 ftAug 2016——

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 (118)

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

118 months

May 20261,0732,767106.413.05$122,606
Apr 20261,0682,32298.932.87$112,321
Mar 20261,0882,78189.753.15$106,407
Feb 20269021,86763.503.75$64,279
Jan 202689874059.138.00$59,017
Dec 20251,0801,38556.664.41$67,305
Nov 202570087958.593.93$44,464
Oct 20251,2662,57859.383.30$83,695
Sep 20251,0631,95462.743.08$72,705
Aug 20251,4482,27663.933.01$99,432
Jul 20251,0841,72266.743.32$78,055
Jun 20251,2461,06166.483.13$86,154
May 20251,2341,23760.553.23$78,717
Apr 20251,4631,28162.363.54$95,771
Mar 20255841,19367.704.27$44,629
Feb 20259631,82470.884.34$76,175
Jan 20251,4472,01374.324.28$116,154
Dec 20241,5162,43868.993.12$112,199
Nov 20241,2922,35769.052.20$94,394
Oct 20241,2875,26871.372.28$103,872
Sep 20241,4475,53269.612.36$113,805
Aug 20241,8236,49875.632.06$151,283
Jul 20241,1106,87879.932.15$103,487
Jun 20241,6525,53678.082.63$143,570
May 20241,4514,38878.812.20$124,000
Apr 20241,1316,37084.451.66$106,082
Mar 20241,6515,96780.301.55$141,795
Feb 20242,0675,79476.091.78$167,612
Jan 20242,2736,47073.023.30$187,310
Dec 20232,8566,85171.262.61$221,405
Nov 20233773,08977.892.81$38,037
Oct 20232,0275,11985.443.09$188,991
Sep 20231,8235,08089.042.74$176,214
Aug 20232,1958,68080.522.67$199,942
Jul 20231,4508,43374.852.64$130,811
Jun 20232,2057,34868.962.26$168,652
May 20232,0148,81370.622.23$161,859
Apr 20232,8188,75178.122.24$239,725
Mar 20232,1386,64472.852.39$171,653
Feb 20231,9695,34675.112.47$161,073
Jan 20232,1677,47776.533.39$191,170
Dec 20221,1986,12576.415.73$126,630
Nov 20222,2057,01585.005.65$227,033
Oct 20222,1326,74587.185.86$225,419
Sep 20222,6856,73784.888.16$282,902
Aug 20222,2756,81094.529.13$277,189
Jul 20222,7827,689101.587.54$340,587
Jun 20221,9216,532115.097.98$273,195
May 20222,8326,033109.378.43$360,612
Apr 20222,3267,721104.226.84$295,209
Mar 20222,5087,823108.885.08$312,784
Feb 20222,7116,52791.054.86$278,550
Jan 20222,3548,09981.844.54$229,402
Dec 20212,8598,52371.323.90$237,136
Nov 20212,8089,89177.435.24$269,221
Oct 20213,49210,90979.795.71$340,959
Sep 20212,99511,51569.865.35$270,847
Aug 20212,99411,10566.024.22$244,534
Jul 20214,00912,88470.783.98$335,062
Jun 20213,12211,72069.493.38$256,569
May 20214,93013,64663.483.02$354,136
Apr 20212,7967,25860.362.76$188,787
Mar 20212,1563,33361.302.72$141,218
Feb 20211,4454,10657.805.55$106,301
Jan 20212,6076,03150.412.81$148,368
Dec 20202,6715,68644.642.68$134,446
Nov 20202,6426,31538.772.71$119,522
Oct 20202,7165,83336.972.48$114,867
Sep 20202,3236,06537.091.99$98,236
Aug 20202,6696,83839.982.39$123,016
Jul 20202,8026,92938.371.83$120,159
Jun 20202,9746,13434.901.69$114,161
May 20203,1446,28316.921.81$64,599
Apr 20202,4736,76914.751.80$48,691
Mar 20203,3137,16630.341.86$113,818
Feb 20202,4545,70049.881.98$133,695
Jan 20202,9835,35257.252.09$181,988
Dec 20193,3578,30759.012.30$217,239
Nov 20193,7147,66155.302.75$226,457
Oct 20193,2058,37353.472.42$191,622
Sep 20193,8478,21155.052.66$233,596
Aug 20192,9847,67553.112.30$176,166
Jul 20193,8237,16956.272.46$232,756
Jun 20193,6858,23452.782.49$215,007
May 20193,4878,33058.482.74$226,747
Apr 20193,7397,35362.632.75$254,399
Mar 20193,8565,90156.803.06$237,090
Feb 20193,0035,31850.852.79$167,552
Jan 20194,0756,54646.033.23$208,704
Dec 20184,1076,15746.594.19$217,115
Nov 20183,7427,85952.934.24$231,365
Oct 20184,5237,91061.443.40$304,772
Sep 20184,2197,50359.543.11$274,519
Aug 20184,9559,44159.403.07$323,278
Jul 20185,84212,51565.142.93$417,240
Jun 20185,30512,05060.183.08$356,332
May 20186,54412,26165.382.90$463,413
Apr 20185,97112,05463.842.90$416,155
Mar 20186,11712,90261.222.79$410,439
Feb 20187,11212,41261.782.77$473,712
Jan 20186,97613,83362.874.01$494,042
Dec 20176,86314,38357.272.92$435,064
Nov 20176,76312,52355.423.12$413,857
Oct 20178,37513,76349.292.98$453,868
Sep 20176,92613,67947.523.09$371,354
Aug 20178,33315,31045.373.00$424,066
Jul 201710,03217,70043.873.09$494,749
Jun 20178,73815,65442.493.09$419,606
May 201710,25919,61645.373.26$529,466
Apr 201710,07420,24647.933.21$547,869
Mar 201712,83622,86346.772.98$668,556
Feb 20179,94217,53350.452.95$553,342
Jan 201712,52523,34149.413.42$698,658
Dec 201616,44227,18548.763.72$902,917
Nov 201621,83731,54542.492.64$1,011,270
Oct 201613,4288,32146.193.09$645,953
Sep 201613,4299,17741.553.10$586,429
Aug 20163,180041.442.92$131,779

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                1,073 bbl  × $106.41 =   $114,178
Casinghead gas     2,767 Mcf  × $  3.05 =     $8,428

────────────────────────────────────────────────────
Month total                                 $122,606

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/47961 is the state's own key, not one this site invented.