MineralRecord
Log inSign up

LOUIS STATE 24

Operated by WPX ENERGY PERMIAN, LLC (P-5 942623) 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 48486District 08Field 71052900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$36.2 M
Nov 2016 – May 2026
Value, last 12 filed months
$946 k
at the published price for each month
Months reported
115
no gaps in the span
Streams
2
oil, casinghead gas

The PHANTOM (WOLFCAMP) field

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
OilDisposition554,631 bbl$30,338,255
Casinghead gasProduction1,814,047 Mcf$5,841,737
Total$36,179,991

Wells on this lease (3)

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 31.5923, -103.7496. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

31.59229, -103.74748 · 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
33.3%
1 of 3 wells
With a plug date
0.0%
0 of 3 wells
Median depth
10,696 ft
3 wells filed one
Completion to plug
—
no well filed both dates

What the state filed about each well

On the RRC proration schedule
133.3%
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.
266.7%

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 10,513 and 11,506 ft, median 10,696 ft, over the 3 wells that filed a depth.

Completions filed
Feb 2012 – Dec 2016
3 of 3 wells

3 wells

42-389353011H11,506 ftDec 2016—Yes
42-389347482H10,696 ftNov 2016——
42-389329403H10,513 ftFeb 2012——

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 (115)

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

115 months

May 20261,0547,058106.413.05$133,654
Apr 20265693,17298.932.87$65,394
Mar 20262591,65089.753.15$28,442
Feb 20267124,70363.503.75$62,850
Jan 20267943,69159.138.00$76,470
Dec 20251,0645,31456.664.41$83,739
Nov 20259425,31158.593.93$76,045
Oct 20258715,44459.383.30$69,712
Sep 202597318,04762.743.08$116,575
Aug 20251,0707,07963.933.01$89,747
Jul 20256743,70866.743.32$57,276
Jun 20259616,97166.483.13$85,698
May 20259394,95360.553.23$72,866
Apr 20254144,12262.363.54$40,422
Mar 20257756,01067.704.27$78,120
Feb 20257952,89970.884.34$68,934
Jan 20258905,95574.324.28$91,624
Dec 20241,0876,57468.993.12$95,512
Nov 20248015,66069.052.20$67,752
Oct 20241,3276,70071.372.28$109,993
Sep 20241,0366,22669.612.36$86,836
Aug 20241,0525,87575.632.06$91,687
Jul 20241,0235,37179.932.15$93,298
Jun 20246504,45778.082.63$62,492
May 20243041,11078.812.20$26,399
Apr 20246197,94784.451.66$65,460
Mar 20249753,73180.301.55$84,057
Feb 20249083,73876.091.78$75,757
Jan 20248093,71773.023.30$71,331
Dec 20237412,01971.262.61$58,075
Nov 20231,0233,20977.892.81$88,691
Oct 20235985,97085.443.09$69,524
Sep 20236573,57989.042.74$68,288
Aug 20236412,40880.522.67$58,050
Jul 20237743,39974.852.64$66,913
Jun 20231,5106,74268.962.26$119,356
May 20231,2875,28370.622.23$102,655
Apr 20231,4624,78878.122.24$124,926
Mar 20231,5055,84672.852.39$123,630
Feb 20231,6226,29075.112.47$137,338
Jan 20231,4085,59576.533.39$126,709
Dec 20221,6566,91376.415.73$166,140
Nov 20221,5027,06885.005.65$167,577
Oct 20221,4939,43987.185.86$185,508
Sep 20221,3146,75584.888.16$166,678
Aug 20229165,81794.529.13$139,673
Jul 20221,2286,940101.587.54$177,082
Jun 20221,1817,079115.097.98$192,392
May 20221,5316,203109.378.43$219,756
Apr 20221,6065,876104.226.84$207,555
Mar 20221,1415,825108.885.08$153,802
Feb 20228482,32091.054.86$88,483
Jan 20228743,07081.844.54$85,459
Dec 20211,5034,11771.323.90$123,247
Nov 20211,5114,14477.435.24$138,698
Oct 20211,2694,41379.795.71$126,469
Sep 20216713,14269.865.35$63,689
Aug 20212,8819,38466.024.22$229,810
Jul 20215,40917,79170.783.98$453,694
Jun 20215,66719,56369.493.38$459,935
May 20215,94720,73863.483.02$440,096
Apr 20215,78818,88560.362.76$401,456
Mar 20216,21920,24161.302.72$436,218
Feb 20214,33711,53957.805.55$314,696
Jan 20214,83716,39350.412.81$289,902
Dec 20203,19710,60344.642.68$171,082
Nov 20201,0923,50738.772.71$51,829
Oct 20202,3239,69736.972.48$109,915
Sep 20203,30313,45537.091.99$149,298
Aug 20204,19817,08539.982.39$208,585
Jul 20203,91014,74838.371.83$176,944
Jun 20204,18515,63534.901.69$172,485
May 20204,50415,48116.921.81$104,302
Apr 20204,60416,17914.751.80$97,102
Mar 20204,97716,45730.341.86$181,550
Feb 20203,51913,74349.881.98$202,748
Jan 20204,87914,13757.252.09$308,936
Dec 20194,70611,47059.012.30$304,132
Nov 20195,07714,81355.302.75$321,504
Oct 20195,10616,47553.472.42$312,863
Sep 20194,71513,26655.052.66$294,812
Aug 20193,2879,41253.112.30$196,261
Jul 20195,75318,50956.272.46$369,255
Jun 20195,50416,86252.782.49$332,508
May 20193,52013,60958.482.74$243,143
Apr 20191916862.632.75$12,149
Mar 20197,31531,67956.803.06$512,496
Feb 20198,26735,52050.852.79$519,557
Jan 20198,74042,32946.033.23$538,948
Dec 20189,99539,45446.594.19$630,799
Nov 201810,43148,98452.934.24$759,670
Oct 20189,74145,42161.443.40$752,831
Sep 201810,99242,56059.543.11$786,740
Aug 201813,63753,24759.403.07$973,323
Jul 20189,88631,99765.142.93$737,785
Jun 20187,92026,55560.183.08$558,333
May 20188,46129,10065.382.90$637,593
Apr 20188,97627,10763.842.90$651,660
Mar 20185,99317,56261.222.79$415,834
Feb 201812,18145,08361.782.77$877,247
Jan 201816,17558,30862.874.01$1,250,698
Dec 201714,30939,27657.272.92$934,222
Nov 20179,56928,62755.423.12$619,583
Oct 201718,32551,27049.292.98$1,056,213
Sep 201715,12839,55047.523.09$840,984
Aug 201715,22343,81945.373.00$822,317
Jul 2017607043.873.09$26,629
Jun 201715,34031,30142.493.09$748,432
May 201723,54957,36045.373.26$1,255,607
Apr 20179,26627,63247.933.21$532,862
Mar 201716,10924,21246.772.98$825,659
Feb 201720,92337,48450.452.95$1,166,241
Jan 201725,65457,90849.413.42$1,465,540
Dec 201623,92850,42548.763.72$1,354,453
Nov 201616,53739,09042.492.64$806,025

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                1,054 bbl  × $106.41 =   $112,156
Casinghead gas     7,058 Mcf  × $  3.05 =    $21,498

────────────────────────────────────────────────────
Month total                                 $133,654

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/48486 is the state's own key, not one this site invented.