SOUTH GOAT 2 UNIT

Operated by RESOLUTE NATURAL RES. CO., LLC (P-5 703352) 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 48405District 08Field 71052900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$90.5 M
Aug 2016 – May 2026
Value, last 12 filed months
$2.2 M
at the published price for each month
Months reported
118
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
OilDisposition1,411,364 bbl$76,529,371
Casinghead gasProduction4,272,847 Mcf$13,976,380
Total$90,505,751

Wells on this lease (2)

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 31.6562, -103.7350. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

31.65616, -103.73497 · 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 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
10,691 ft
2 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.
2100.0%

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

Between 10,653 and 10,728 ft, median 10,691 ft, over the 2 wells that filed a depth.

Completions filed
Aug 2016 – Apr 2017
2 of 2 wells

2 wells

42-38935494U 01H10,653 ftApr 2017
42-389351442204H10,728 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 20262,5628,839106.413.05$299,545
Apr 20261,8616,42298.932.87$202,538
Mar 20261,5975,33389.753.15$160,127
Feb 20262,1816,39163.503.75$162,462
Jan 20261,3246,33559.138.00$128,955
Dec 20252,1358,33856.664.41$157,768
Nov 20252,3279,83358.593.93$174,948
Oct 20251,9518,17959.383.30$142,881
Sep 20252,2399,23562.743.08$168,890
Aug 20251,9488,57863.933.01$150,396
Jul 20252,69713,71666.743.32$225,469
Jun 20252,78213,08966.483.13$225,899
May 20252,2028,45460.553.23$160,657
Apr 20252,0187,99562.363.54$154,170
Mar 20253,20112,13467.704.27$268,499
Feb 20251,8984,57870.884.34$154,403
Jan 20252,5437,38674.324.28$220,598
Dec 20241,8314,99168.993.12$141,899
Nov 20242,4317,84269.052.20$185,101
Oct 20241,3193,48271.372.28$102,081
Sep 20242,1988,32469.612.36$172,684
Aug 20242,67010,07375.632.06$222,719
Jul 20242,7269,16979.932.15$237,571
Jun 20243,0609,94778.082.63$265,125
May 20241,7846,21178.812.20$154,252
Apr 20242,4617,39684.451.66$220,103
Mar 20243,1569,64280.301.55$268,325
Feb 20242,2826,06976.091.78$184,462
Jan 20241,8325,70873.023.30$152,596
Dec 20232,7879,16671.262.61$222,531
Nov 20232,699077.892.81$210,225
Oct 20231,2254,43085.443.09$118,341
Sep 20230089.042.74$0
Aug 2023344080.522.67$27,699
Jul 20233,81114,52574.852.64$323,625
Jun 20234,69219,66868.962.26$367,980
May 20234,98518,59070.622.23$393,448
Apr 20234,22613,18778.122.24$359,644
Mar 20235,24020,64172.852.39$431,131
Feb 20235,00921,20875.112.47$428,518
Jan 20235,71922,96976.533.39$515,488
Dec 20225,80722,61976.415.73$573,299
Nov 20226,08024,41185.005.65$654,629
Oct 20226,52328,49387.185.86$735,751
Sep 20225,54023,04584.888.16$658,367
Aug 20226,63127,30194.529.13$875,943
Jul 20227,52732,042101.587.54$1,006,256
Jun 20224,59416,788115.097.98$662,645
May 20223,30312,039109.378.43$462,774
Apr 20223,47112,384104.226.84$446,424
Mar 20223,42712,223108.885.08$435,181
Feb 20223,1579,68891.054.86$334,517
Jan 20223,03311,24081.844.54$299,224
Dec 20213,25712,99771.323.90$282,966
Nov 20213,20610,46977.435.24$303,065
Oct 20212,93910,49479.795.71$294,464
Sep 20214,46513,56969.865.35$384,532
Aug 20214,39615,37066.024.22$355,094
Jul 20214,97417,87070.783.98$423,219
Jun 20215,13214,15469.493.38$404,472
May 20215,20216,33963.483.02$379,529
Apr 20215,29918,15160.362.76$369,916
Mar 20215,73918,79461.302.72$402,863
Feb 20213,60311,17057.805.55$270,224
Jan 20215,53318,33950.412.81$330,456
Dec 20205,71117,70544.642.68$302,308
Nov 20205,61717,23438.772.71$264,416
Oct 20205,96418,22636.972.48$265,661
Sep 20206,60617,66137.091.99$280,180
Aug 20206,00919,12439.982.39$285,852
Jul 20205,84116,25838.371.83$253,792
Jun 20205,12213,16034.901.69$201,002
May 202091416.921.81$1,547
Apr 202011,93937,31114.751.80$243,423
Mar 20203,32212,44030.341.86$123,881
Feb 2020127049.881.98$6,335
Jan 202010,40232,31657.252.09$663,208
Dec 201911,43038,02559.012.30$762,108
Nov 201911,53941,02455.302.75$750,951
Oct 201911,96041,43253.472.42$739,706
Sep 201911,73339,46855.052.66$750,779
Aug 201911,92537,13253.112.30$718,902
Jul 201912,56541,52656.272.46$809,189
Jun 201913,30432,10152.782.49$782,155
May 201913,89347,17058.482.74$941,724
Apr 201916,12751,17462.632.75$1,150,798
Mar 201912,52737,87956.803.06$827,523
Feb 201914,52146,69750.852.79$868,781
Jan 201916,98167,94246.033.23$1,000,964
Dec 201818,47872,86346.594.19$1,165,854
Nov 201818,10668,52052.934.24$1,248,686
Oct 201817,82160,57461.443.40$1,300,758
Sep 201813,24652,20259.543.11$950,911
Aug 201820,32782,41859.403.07$1,460,164
Jul 201820,60264,24265.142.93$1,530,364
Jun 201820,03358,93260.183.08$1,386,915
May 201818,93855,67265.382.90$1,399,660
Apr 201819,78759,59063.842.90$1,436,061
Mar 201827,33283,55961.222.79$1,906,131
Feb 201825,58176,33261.782.77$1,791,538
Jan 201828,91285,91862.874.01$2,162,170
Dec 201729,89488,13357.272.92$1,969,512
Nov 201730,99788,11655.423.12$1,992,631
Oct 201737,37597,79549.292.98$2,134,003
Sep 201735,968103,71247.523.09$2,029,387
Aug 201742,357129,16945.373.00$2,309,812
Jul 201753,998148,18743.873.09$2,826,387
Jun 201769,217197,50842.493.09$3,550,793
May 201776,827197,57345.373.26$4,130,401
Apr 201723,55359,26847.933.21$1,319,240
Mar 201730,85189,68746.772.98$1,710,499
Feb 201734,06799,33050.452.95$2,011,962
Jan 201744,275120,37349.413.42$2,599,159
Dec 201652,605132,38048.763.72$3,057,848
Nov 201653,859140,70742.492.64$2,660,547
Oct 201651,483128,90946.193.09$2,776,362
Sep 201648,708115,39441.553.10$2,381,612
Aug 20162,1204,71341.442.92$101,635

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                2,562 bbl  × $106.41 =   $272,622
Casinghead gas     8,839 Mcf  × $  3.05 =    $26,922

────────────────────────────────────────────────────
Month total                                 $299,545

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/48405 is the state's own key, not one this site invented.