STATE NEAL LETHCO 3427-142

Operated by SWORDFISH ENERGY OPERATING, LLC (P-5 102779) 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 48088District 08Field 71052900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$24.5 M
Mar 2016 – May 2026
Value, last 12 filed months
$1.2 M
at the published price for each month
Months reported
123
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
OilDisposition395,229 bbl$21,520,753
Casinghead gasProduction983,945 Mcf$2,944,200
Total$24,464,954

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 31.1126, -102.9284. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.11263, -102.92837 · 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
8,794 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 8,794 ft.

Completions filed
Mar 2016
1 of 1 wells

1 well

42-371393681H8,794 ftMar 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 (123)

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

123 months

May 20265432,985106.413.05$66,872
Apr 20261,3204,03598.932.87$142,167
Mar 20261,4954,26889.753.15$147,618
Feb 20261,40260663.503.75$91,300
Jan 20261,36261859.138.00$85,478
Dec 20251,0386,03656.664.41$85,452
Nov 20251,1245,81658.593.93$88,691
Oct 20252,4407,37759.383.30$169,267
Sep 20252,2427,16162.743.08$162,697
Aug 20257413,16163.933.01$56,902
Jul 202507,02466.743.32$23,286
Jun 20251,4755,40466.483.13$114,966
May 20251,3195,53660.553.23$97,760
Apr 20251,7316,89962.363.54$132,389
Mar 20251,7746,65167.704.27$148,488
Feb 20251,3165,42870.884.34$116,840
Jan 20251,8776,51974.324.28$167,391
Dec 20242,3337,67668.993.12$184,913
Nov 20241,6146,10869.052.20$124,875
Oct 20242,50510,17971.372.28$202,004
Sep 20242,6729,05369.612.36$207,402
Aug 20243,5397,07575.632.06$282,255
Jul 20243,1997,29879.932.15$271,362
Jun 20241,7634,79078.082.63$150,272
May 20243,1767,37478.812.20$266,512
Apr 20243,2547,61584.451.66$287,435
Mar 20243,3236,82080.301.55$277,375
Feb 20243,7495,73076.091.78$295,482
Jan 20241,6782,04373.023.30$129,265
Dec 20231,0242,34071.262.61$79,079
Nov 20232,9723,45777.892.81$241,195
Oct 20232,8813,85285.443.09$258,045
Sep 20233,4324,68389.042.74$318,393
Aug 20232,6963,05180.522.67$225,237
Jul 20231,7263,15574.852.64$137,526
Jun 20231,8043,20668.962.26$131,645
May 20231,54565470.622.23$110,565
Apr 20233,0681,41078.122.24$242,827
Mar 20233,1471,07072.852.39$231,820
Feb 20231,40091775.112.47$107,415
Jan 202395795376.533.39$76,468
Dec 20221803,97676.415.73$36,533
Nov 20225633,68985.005.65$68,684
Oct 202288072087.185.86$80,940
Sep 202264842684.888.16$58,480
Aug 202254483494.529.13$59,031
Jul 2022631774101.587.54$69,935
Jun 2022492755115.097.98$62,647
May 2022309713109.378.43$39,808
Apr 20223602,383104.226.84$53,813
Mar 20226271,062108.885.08$73,659
Feb 20223102,17391.054.86$38,784
Jan 202244018681.844.54$36,854
Dec 20214401,08471.323.90$35,607
Nov 20216281,68877.435.24$57,466
Oct 20217101,35779.795.71$64,405
Sep 20215453,32469.865.35$55,860
Aug 20216741,03966.024.22$48,883
Jul 20217801,09070.783.98$59,549
Jun 20218352,78769.493.38$67,446
May 20219643,83863.483.02$72,777
Apr 202198411,21360.362.76$90,324
Mar 20218256,21261.302.72$67,450
Feb 20217076,20157.805.55$75,267
Jan 20211,0359,23650.412.81$78,130
Dec 20201,08835344.642.68$49,513
Nov 20201,04836838.772.71$41,627
Oct 202099572036.972.48$38,570
Sep 202075910,55537.091.99$49,167
Aug 202093710,66439.982.39$62,896
Jul 202088311,28038.371.83$54,468
Jun 20204836,42534.901.69$27,717
May 2020278016.921.81$4,704
Apr 20207881,73814.751.80$14,759
Mar 20203,16611,96030.341.86$118,257
Feb 20202,37612,15749.881.98$142,594
Jan 20202,90212,47157.252.09$192,263
Dec 20192,5433,89459.012.30$159,036
Nov 20192,4001,90055.302.75$137,946
Oct 20192,7844,78053.472.42$160,421
Sep 20192,5437,31255.052.66$159,422
Aug 20192,7255,64253.112.30$157,726
Jul 20192,9137,91156.272.46$183,376
Jun 20193,1287,42752.782.49$183,598
May 20192,6813,68658.482.74$166,886
Apr 20193,1793,09162.632.75$207,603
Mar 20193,2241,86156.803.06$188,822
Feb 20192,95548150.852.79$151,605
Jan 20193,27611,80246.033.23$188,893
Dec 20183,15619,83746.594.19$230,065
Nov 20183,25412,34852.934.24$224,556
Oct 20183,5909,00761.443.40$251,176
Sep 20183,04212,52459.543.11$220,045
Aug 20182,46116,94359.403.07$198,140
Jul 20182,88316,24965.142.93$235,439
Jun 20183,05512,87460.183.08$223,462
May 20183,41812,63265.382.90$260,112
Apr 20183,71413,08763.842.90$275,065
Mar 20184,51613,79961.222.79$314,925
Feb 20185,05416,83761.782.77$358,809
Jan 20185,65830,49362.874.01$477,975
Dec 20176,01728,07557.272.92$426,615
Nov 20175,55920,23155.423.12$371,167
Oct 20175,61919,22849.292.98$334,331
Sep 20175,33832,80147.523.09$354,928
Aug 20177,0516,43345.373.00$339,231
Jul 20177,21721,02843.873.09$381,529
Jun 20178,37242,37642.493.09$486,553
May 20179,46629,90445.373.26$527,061
Apr 20179,99511,15347.933.21$514,879
Mar 201710,30621,92646.772.98$547,432
Feb 20172,9215,10250.452.95$162,429
Jan 20176,97010,75149.413.42$381,143
Dec 20165,8963,44848.763.72$300,325
Nov 20164,9518,11042.492.64$231,814
Oct 20168,98514,49246.193.09$459,801
Sep 201611,50812,76241.553.10$517,728
Aug 201610,52513,52641.442.92$475,711
Jul 201613,28417,32941.622.92$603,556
Jun 201614,43622,75145.352.69$715,778
May 201622,86429,68842.521.99$1,031,287
Apr 201623,30821,50636.561.99$894,960
Mar 20163,0193,42433.011.79$105,800

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                  543 bbl  × $106.41 =    $57,781
Casinghead gas     2,985 Mcf  × $  3.05 =     $9,092

────────────────────────────────────────────────────
Month total                                  $66,872

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/48088 is the state's own key, not one this site invented.