STATE MERCURY 7

Operated by EOG RESOURCES, INC. (P-5 253162) 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 47977District 08Field 71052900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$31.9 M
Apr 2015 – May 2026
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
134
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
OilDisposition542,007 bbl$26,938,286
Casinghead gasProduction1,679,573 Mcf$5,002,960
Total$31,941,246

Wells on this lease (8)

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 31.9877, -103.6578. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.0 miles.

31.98595, -103.65797 · centre of 7 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
87.5%
7 of 8 wells
With a plug date
0.0%
0 of 8 wells
Median depth
11,933 ft
8 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
787.5%
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.
112.5%

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

Total depth in feet, 8 of 8 wells. Median 11,933 ft, with the middle half between 11,927 and 11,950 ft; the shallowest is 11,920 ft and the deepest 11,959 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 8 of 8 wells, Apr 2015 – Dec 2016. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Apr 2015 – Dec 2016
8 of 8 wells

8 wells

42-3013290115H11,931 ftDec 2016Yes
42-3013290216H11,929 ftDec 2016Yes
42-3013296917H11,949 ftDec 2016Yes
42-3013263712H11,959 ftFeb 2016
42-3013263813H11,951 ftFeb 2016Yes
42-301326067H11,920 ftFeb 2016Yes
42-301326078H11,922 ftFeb 2016Yes
42-301320746H11,934 ftApr 2015Yes

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 (134)

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

134 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 202648089.753.15$4,308
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 20235072.852.39$364
Feb 202331312475.112.47$23,815
Jan 20239101,37076.533.39$74,283
Dec 20227733,75776.415.73$80,589
Nov 20229464,53285.005.65$105,999
Oct 20228564,32087.185.86$99,958
Sep 20226494,19484.888.16$89,326
Aug 20225503,33594.529.13$82,425
Jul 20227874,070101.587.54$110,640
Jun 20226523,477115.097.98$102,775
May 20224242,519109.378.43$67,616
Apr 20221,5679,067104.226.84$225,309
Mar 20221,5998,676108.885.08$218,142
Feb 20221,3807,86691.054.86$163,869
Jan 202214,47259,15181.844.54$1,452,797
Dec 20211,6229,23171.323.90$151,674
Nov 20211,4377,31177.435.24$149,554
Oct 20211,3767,49179.795.71$152,594
Sep 20211,3857,76569.865.35$138,306
Aug 20211,4468,36766.024.22$130,779
Jul 20211,4158,95770.783.98$135,821
Jun 20211,5308,95969.493.38$136,607
May 20211,7919,50063.483.02$142,361
Apr 20211,7439,47960.362.76$131,355
Mar 20211,7849,47661.302.72$135,105
Feb 20211,4568,40457.805.55$130,782
Jan 20211,88910,25750.412.81$124,049
Dec 20201,66910,01344.642.68$101,294
Nov 20201,7339,00138.772.71$91,550
Oct 20201,8709,89436.972.48$93,655
Sep 20201,90310,72237.091.99$91,930
Aug 20201,92911,61539.982.39$104,824
Jul 20202,00911,40438.371.83$97,899
Jun 20201,83811,14934.901.69$82,991
May 20202,10311,58216.921.81$56,601
Apr 20202,41211,24014.751.80$55,858
Mar 20202,56310,88330.341.86$97,963
Feb 20202,31611,15449.881.98$137,614
Jan 20202,55411,60757.252.09$170,530
Dec 20192,36812,04859.012.30$167,499
Nov 20192,51912,06455.302.75$172,485
Oct 20192,98313,62053.472.42$192,442
Sep 20192,61813,42855.052.66$179,803
Aug 20192,65814,12853.112.30$173,722
Jul 20193,10115,73256.272.46$213,195
Jun 20193,08117,16652.782.49$205,379
May 20193,56919,36258.482.74$261,773
Apr 20193,29116,30062.632.75$250,952
Mar 20193,49214,37056.803.06$242,348
Feb 20192,95916,35050.852.79$196,118
Jan 20192,1316,96746.033.23$120,581
Dec 20181,9451,94446.594.19$98,754
Nov 20183,29015,86752.934.24$241,372
Oct 20183,91916,85261.443.40$298,048
Sep 20184,06417,16259.543.11$295,310
Aug 20184,40118,69359.403.07$318,743
Jul 20184,32617,67465.142.93$333,614
Jun 20184,21816,08760.183.08$303,338
May 20184,54416,23465.382.90$344,178
Apr 20184,73816,49163.842.90$350,311
Mar 20182,4685,03361.222.79$165,117
Feb 20182,9472,73961.782.77$189,642
Jan 20182,6043,92762.874.01$179,458
Dec 20173,97212,23957.272.92$263,233
Nov 20173,68910,77355.423.12$238,038
Oct 20175,57917,53249.292.98$327,299
Sep 20175,55119,79547.523.09$324,896
Aug 20176,71823,08345.373.00$374,146
Jul 20176,54423,20243.873.09$358,716
Jun 20176,88622,99042.493.09$363,563
May 20176,94521,93145.373.26$386,664
Apr 20177,53724,36647.933.21$439,502
Mar 20177,82023,98946.772.98$437,317
Feb 20174,88518,84850.452.95$302,099
Jan 20172,3639,60549.413.42$149,593
Dec 201674351748.763.72$38,153
Nov 20166,17718,75942.492.64$312,066
Oct 201610,85429,99946.193.09$594,051
Sep 201611,31429,17441.553.10$560,554
Aug 201614,13933,66641.442.92$684,371
Jul 201616,80341,63141.622.92$821,084
Jun 201617,95744,59345.352.69$934,119
May 201622,09151,45642.521.99$1,041,760
Apr 201627,28063,89736.561.99$1,124,578
Mar 201634,73478,16133.011.79$1,286,791
Feb 20166,64813,85026.472.06$204,554
Jan 201604527.352.36$106
Dec 20150032.362.00$0
Nov 20154038.792.17$155
Oct 2015141043.552.43$6,141
Sep 20151,8833,65342.992.76$91,027
Aug 201513,72329,50940.162.87$635,880
Jul 201525,49950,06248.152.95$1,375,213
Jun 201532,24775,44356.152.88$2,028,161
May 201543,594125,53555.212.96$2,777,837
Apr 201539,74989,11349.822.71$2,221,486

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.

Mar 2026 — as filed, then multipliedworked
Oil                   48 bbl  × $ 89.75 =     $4,308
Casinghead gas         0 Mcf  × $  3.15 =         $0

────────────────────────────────────────────────────
Month total                                   $4,308

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/47977 is the state's own key, not one this site invented.