LINCOLN 4-1

Operated by VTX ENERGY OPERATING, LLC (P-5 101377) 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 48316District 08Field 71052900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$31.3 M
Sep 2016 – May 2026
Value, last 12 filed months
$967 k
at the published price for each month
Months reported
117
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
OilDisposition480,193 bbl$27,133,195
Casinghead gasProduction1,279,995 Mcf$4,133,798
Total$31,266,993

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 31.3029, -103.2740. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.30288, -103.27399 · 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
10,719 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 10,719 ft.

Completions filed
Sep 2016
1 of 1 wells

1 well

42-389352244307H10,719 ftSep 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 (117)

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

117 months

May 20265420106.413.05$57,674
Apr 2026720098.932.87$71,230
Mar 20261,10489789.753.15$101,909
Feb 202677799463.503.75$53,067
Jan 202677384559.138.00$52,466
Dec 20257651,46256.664.41$49,797
Nov 20251,3401,62358.593.93$84,883
Oct 20257731,82459.383.30$51,929
Sep 20251,1521,64162.743.08$77,326
Aug 20251,2902,01363.933.01$88,538
Jul 20251,3342,57366.743.32$97,561
Jun 20252,4974,78866.483.13$180,981
May 20251,6922,34460.553.23$110,027
Apr 20250062.363.54$0
Mar 20251,6453,91267.704.27$128,064
Feb 20251,4778,39870.884.34$141,144
Jan 20252,3929,90374.324.28$220,145
Dec 20241,6598,01468.993.12$139,469
Nov 20241,6697,91969.052.20$132,654
Oct 20242,2238,65971.372.28$178,410
Sep 20241,9878,49569.612.36$158,400
Aug 20241,8049,54575.632.06$156,134
Jul 20241,8353,07179.932.15$153,264
Jun 20241,6083,45778.082.63$134,658
May 20242,5658,48978.812.20$220,810
Apr 20242,2207,25284.451.66$199,512
Mar 20241,8506,72680.301.55$158,948
Feb 20242,2501,16176.091.78$173,273
Jan 20245571,30173.023.30$44,962
Dec 20231907,24371.262.61$32,449
Nov 20231,8507,18177.892.81$164,258
Oct 20239296,23685.443.09$98,626
Sep 20231,2855,20289.042.74$128,644
Aug 20232,1866,69480.522.67$193,909
Jul 20232,0037,59574.852.64$169,989
Jun 20231,8497,48568.962.26$144,412
May 20232,1827,78470.622.23$171,431
Apr 20232,5697,39778.122.24$217,243
Mar 20231,6427,29372.852.39$137,073
Feb 20231,8955,64875.112.47$156,260
Jan 20232,0947,53076.533.39$185,763
Dec 20222,5826,99976.415.73$237,388
Nov 20221,2826,41885.005.65$145,207
Oct 20222,3747,07687.185.86$248,457
Sep 20222,0965,64284.888.16$223,968
Aug 20221,3576,22994.529.13$185,117
Jul 20222,1876,640101.587.54$272,235
Jun 20222,4457,220115.097.98$338,990
May 20223,0107,095109.378.43$389,036
Apr 2022978573104.226.84$105,845
Mar 20222,4516,456108.885.08$299,638
Feb 20222,0264,72791.054.86$207,435
Jan 20222,6156,74181.844.54$244,600
Dec 20211,3948,27971.323.90$131,701
Nov 20212,4646,42777.435.24$224,445
Oct 20212,2688,82579.795.71$231,389
Sep 20212,5929,17369.865.35$230,161
Aug 20212,1088,94266.024.22$176,911
Jul 20212,9298,94670.783.98$242,938
Jun 20212,2529,61269.493.38$188,986
May 20212,9898,52263.483.02$215,458
Apr 20212,7605,95060.362.76$183,006
Mar 20212,4186,24561.302.72$165,191
Feb 20211,26186457.805.55$77,679
Jan 20212,7206,59750.412.81$155,655
Dec 20202,9488,35244.642.68$153,944
Nov 20203,0388,49538.772.71$140,776
Oct 20202,9058,23136.972.48$127,798
Sep 20203,3358,32837.091.99$140,277
Aug 20203,6228,68639.982.39$165,525
Jul 20204,6964,43838.371.83$188,285
Jun 2020061034.901.69$1,031
May 20201681,03116.921.81$4,714
Apr 20202,6968,04114.751.80$54,275
Mar 20203,5878,22030.341.86$124,088
Feb 20204,1687,80649.881.98$223,361
Jan 20202,8954,16057.252.09$174,453
Dec 20193,69010,44259.012.30$241,809
Nov 20194,15314,14555.302.75$268,570
Oct 20194,04514,69153.472.42$251,817
Sep 20193,99613,91555.052.66$256,956
Aug 20194,15212,29253.112.30$248,838
Jul 20194,70213,06356.272.46$296,717
Jun 20193,82012,88552.782.49$233,719
May 20194,48313,53358.482.74$299,251
Apr 20194,88812,79162.632.75$341,320
Mar 20194,93013,87356.803.06$322,505
Feb 20194,49813,06350.852.79$265,198
Jan 20195,25412,93246.033.23$283,588
Dec 20185,60215,65646.594.19$326,524
Nov 20184,26314,12452.934.24$285,487
Oct 20185,43916,00061.443.40$388,541
Sep 20184,70315,05859.543.11$326,817
Aug 20185,88816,53659.403.07$400,456
Jul 20185,97117,25865.142.93$439,549
Jun 20186,32017,27360.183.08$433,485
May 20186,26010,87565.382.90$440,825
Apr 20186,68218,36563.842.90$479,852
Mar 20186,45620,58561.222.79$452,603
Feb 20186,51516,33661.782.77$447,684
Jan 20186,64815,18362.874.01$478,833
Dec 20177,65519,24857.272.92$494,635
Nov 20177,25218,03055.423.12$458,130
Oct 20178,33418,20549.292.98$465,101
Sep 20177,28321,05947.523.09$411,103
Aug 20178,70623,73645.373.00$466,304
Jul 20178,53624,55843.873.09$450,292
Jun 20179,31624,14342.493.09$470,373
May 201710,38326,44845.373.26$557,387
Apr 201710,53928,22447.933.21$595,778
Mar 201712,00731,94446.772.98$656,878
Feb 201712,19730,56850.452.95$705,594
Jan 201715,81437,64649.413.42$910,074
Dec 201619,74745,87848.763.72$1,133,660
Nov 201624,86956,18742.492.64$1,205,262
Oct 201636,33171,81746.193.09$1,900,062
Sep 20167,07614,24041.553.10$338,161

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                  542 bbl  × $106.41 =    $57,674
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $57,674

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/48316 is the state's own key, not one this site invented.