BENTZ

Operated by CRESCENT ENERGY OPERATING, LLC (P-5 103575) 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 48403District 08Field 71052900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$20.4 M
Jun 2015 – May 2026
Value, last 12 filed months
$927 k
at the published price for each month
Months reported
132
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
OilDisposition384,094 bbl$18,728,455
Casinghead gasProduction563,507 Mcf$1,680,814
Total$20,409,269

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 31.0244, -103.5007. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.02441, -103.50074 · 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
10,173 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 10,173 ft.

Completions filed
Jun 2015
1 of 1 wells

1 well

42-389346662H10,173 ftJun 2015

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 (132)

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

132 months

May 20267453,303106.413.05$89,336
Apr 20267882,76898.932.87$85,900
Mar 20265352,29389.753.15$55,238
Feb 20267922,51463.503.75$59,720
Jan 20267763,32159.138.00$72,446
Dec 20257873,01256.664.41$57,884
Nov 20257653,14358.593.93$57,162
Oct 20251,3213,47659.383.30$89,929
Sep 20251,3223,02462.743.08$92,247
Aug 20251,4963,22563.933.01$105,362
Jul 20251,7762,35266.743.32$126,328
Jun 2025529066.483.13$35,168
May 2025540160.553.23$32,700
Apr 20250162.363.54$4
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 202417528268.993.12$12,953
Nov 20248651,31769.052.20$62,624
Oct 20247151,00971.372.28$53,331
Sep 20241,2191,45269.612.36$88,288
Aug 20249141,30975.632.06$71,827
Jul 20249101,42579.932.15$75,795
Jun 20241,4511,50078.082.63$117,245
May 20243721,36278.812.20$32,312
Apr 2024059884.451.66$992
Mar 20241,11097380.301.55$90,636
Feb 202493982776.091.78$72,924
Jan 202496870773.023.30$73,015
Dec 202375370171.262.61$55,489
Nov 202374875177.892.81$60,370
Oct 202390874585.443.09$79,880
Sep 202352572789.042.74$48,734
Aug 20231,24586880.522.67$102,567
Jul 202372591374.852.64$56,678
Jun 20231,0621,20968.962.26$75,966
May 202316916470.622.23$12,300
Apr 20230078.122.24$0
Mar 20238072.852.39$583
Feb 2023320075.112.47$24,035
Jan 20239051,39776.533.39$73,992
Dec 20227191,42976.415.73$63,126
Nov 202218555185.005.65$18,836
Oct 20221,2632,95287.185.86$127,418
Sep 20220084.888.16$0
Aug 202254810194.529.13$52,719
Jul 20221,6092,830101.587.54$184,786
Jun 202201,651115.097.98$13,170
May 20223531,450109.378.43$50,836
Apr 20228312,126104.226.84$101,144
Mar 20227181,024108.885.08$83,374
Feb 20228662,10991.054.86$89,097
Jan 20229262,27781.844.54$86,116
Dec 20215412,11071.323.90$46,811
Nov 20211,1141,81577.435.24$95,762
Oct 20217412,67979.795.71$74,432
Sep 20211,2592,77269.865.35$102,786
Aug 20219232,84666.024.22$72,948
Jul 20211,2772,83470.783.98$101,671
Jun 20219202,61869.493.38$72,781
May 20219262,81063.483.02$67,262
Apr 20211,1142,12560.362.76$73,103
Mar 20211,4803,19661.302.72$99,407
Feb 20211,1232,79257.805.55$80,399
Jan 20211,1111,13250.412.81$59,187
Dec 20201,8621,26544.642.68$86,504
Nov 20201,1191,38538.772.71$47,132
Oct 20209271,75236.972.48$38,613
Sep 20201,2981,47437.091.99$51,078
Aug 20201,4552,05639.982.39$63,075
Jul 20201,4631,28838.371.83$58,486
Jun 20201,6403,07734.901.69$62,437
May 20202,0163,08216.921.81$39,704
Apr 20202,9672,52214.751.80$48,314
Mar 20202,2321,06230.341.86$69,690
Feb 20202,24265449.881.98$113,126
Jan 20202,24889857.252.09$130,579
Dec 201918744059.012.30$12,049
Nov 2019010455.302.75$286
Oct 201954856653.472.42$30,670
Sep 20193,3153,96455.052.66$193,024
Aug 20191,4671,74353.112.30$81,929
Jul 20191,9971,39256.272.46$115,796
Jun 20192,2802,61352.782.49$126,848
May 201902458.482.74$66
Apr 20191,9932,69262.632.75$132,226
Mar 20192,0253,77956.803.06$126,592
Feb 20192,8494,55650.852.79$157,593
Jan 20193,9156,09046.033.23$199,867
Dec 20183,8166,58446.594.19$205,344
Nov 20184,6985,78552.934.24$273,178
Oct 20186,2588,68061.443.40$413,987
Sep 20184,0705,27359.543.11$258,716
Aug 20184,5397,02559.403.07$291,159
Jul 20181,9131,76165.142.93$129,776
Jun 20185,1176,69460.183.08$328,538
May 20185,9947,27865.382.90$413,000
Apr 20187,1107,78363.842.90$476,479
Mar 20187,0947,96461.222.79$456,489
Feb 20184,3914,44161.782.77$283,560
Jan 20183,7264,53362.874.01$252,428
Dec 20174,5416,22457.272.92$278,247
Nov 20174,6115,46955.423.12$272,596
Oct 20173,7245,08449.292.98$198,725
Sep 20173,8123,99547.523.09$193,480
Aug 20175711,36645.373.00$30,010
Jul 20171,4742,70243.873.09$73,006
Jun 20174,8127,41542.493.09$227,354
May 20174,9637,14845.373.26$248,498
Apr 20175,0198,85147.933.21$268,987
Mar 20175,7169,48046.772.98$295,623
Feb 20174,1887,62750.452.95$233,804
Jan 20176,1058,47749.413.42$330,629
Dec 20165,66511,69148.763.72$319,749
Nov 20166,39915,20842.492.64$312,109
Oct 20168,16115,31646.193.09$424,287
Sep 20167,31715,15441.553.10$351,008
Aug 20167,24916,09641.442.92$347,469
Jul 20168,80318,34241.622.92$420,019
Jun 20169,29219,49645.352.69$473,755
May 201610,38021,84842.521.99$484,858
Apr 201612,08620,89736.561.99$483,471
Mar 201610,55015,07133.011.79$375,293
Feb 20169,94311,64926.472.06$287,230
Jan 201611,96813,58427.352.36$359,442
Dec 201513,82813,76332.362.00$475,019
Nov 201511,37613,32738.792.17$470,159
Oct 201516,59915,60143.552.43$760,744
Sep 201521,37819,42642.992.76$972,625
Aug 201513,06810,02340.162.87$553,602
Jul 20150048.152.95$0
Jun 20150056.152.88$0

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                  745 bbl  × $106.41 =    $79,275
Casinghead gas     3,303 Mcf  × $  3.05 =    $10,060

────────────────────────────────────────────────────
Month total                                  $89,336

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/48403 is the state's own key, not one this site invented.