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STATE NEAL LETHCO 'A' 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 48837District 08Field 71052900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$45.7 M
Nov 2016 – May 2026
Value, last 12 filed months
$1.7 M
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
OilDisposition670,278 bbl$39,861,170
Casinghead gasProduction1,774,282 Mcf$5,864,312
Total$45,725,482

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 31.1112, -102.9396. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

31.11125, -102.93958 · 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
8,774 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 8,599 and 8,949 ft, median 8,774 ft, over the 2 wells that filed a depth.

Completions filed
Nov 2016 – Mar 2018
2 of 2 wells

2 wells

42-371395202H8,599 ftMar 2018——
42-371393971H8,949 ftNov 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 (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 20269952,650106.413.05$113,949
Apr 20261,4216,20198.932.87$158,375
Mar 20261,9788,73989.753.15$205,048
Feb 20261,4287,82163.503.75$120,009
Jan 20261,7168,75759.138.00$171,505
Dec 20252,0938,71256.664.41$157,039
Nov 20251,7047,58958.593.93$129,635
Oct 20252,0238,45359.383.30$148,062
Sep 20251,7128,60162.743.08$133,875
Aug 20252,05510,72263.933.01$163,700
Jul 2025012,04566.743.32$39,932
Jun 20252,04211,13466.483.13$170,587
May 20252,24311,67760.553.23$173,557
Apr 20252,25810,90362.363.54$179,440
Mar 20252,33512,24367.704.27$210,337
Feb 20252,14910,42270.884.34$197,561
Jan 20252,46812,47174.324.28$236,781
Dec 20242,38712,58668.993.12$203,965
Nov 20242,40613,76769.052.20$196,400
Oct 20242,55222,45671.372.28$233,367
Sep 20242,37315,29769.612.36$201,352
Aug 20242,69315,14975.632.06$234,934
Jul 20243,30420,68179.932.15$308,482
Jun 20242,95112,49178.082.63$263,315
May 20243,54113,31678.812.20$308,341
Apr 20242,7658,47584.451.66$247,566
Mar 20241,8467,09580.301.55$159,197
Feb 20242,97612,35176.091.78$248,474
Jan 20243,10512,69073.023.30$268,574
Dec 20233,69911,03571.262.61$292,400
Nov 20233,3839,36377.892.81$289,789
Oct 20233,2069,80685.443.09$304,195
Sep 20233,29710,14189.042.74$321,301
Aug 20233,5429,54480.522.67$310,712
Jul 20234,03712,12874.852.64$334,209
Jun 20233,29210,69168.962.26$251,162
May 20235,39611,15570.622.23$405,912
Apr 20236,26111,44478.122.24$514,718
Mar 20238,7834,61272.852.39$650,879
Feb 20236,82812,17975.112.47$542,881
Jan 20234,67312,65376.533.39$400,490
Dec 20228787,95376.415.73$112,651
Nov 20222,7467,37885.005.65$275,068
Oct 20224,6549,57487.185.86$461,875
Sep 20223,4275,66384.888.16$337,115
Aug 20222,87711,07894.529.13$373,045
Jul 20223,33710,280101.587.54$416,505
Jun 20222,60010,031115.097.98$379,253
May 20221,6369,471109.378.43$258,799
Apr 20221,9027,772104.226.84$251,368
Mar 20223,31514,138108.885.08$432,707
Feb 20221,6399,21791.054.86$194,015
Jan 20222,3275,46081.844.54$215,217
Dec 20212,32814,43371.323.90$222,309
Nov 20213,32313,26177.435.24$326,746
Oct 20213,75615,77579.795.71$389,828
Sep 20212,88512,29469.865.35$267,330
Aug 20213,56713,32866.024.22$291,745
Jul 20214,12718,11770.783.98$364,252
Jun 20214,41619,71269.493.38$373,507
May 20215,10031,27363.483.02$418,120
Apr 20215,20617,53860.362.76$362,611
Mar 20214,3669,71561.302.72$294,031
Feb 20213,7379,70057.805.55$269,814
Jan 20215,47414,44550.412.81$316,539
Dec 20205,74221,13344.642.68$312,863
Nov 20206,05120,31838.772.71$289,589
Oct 20207,04118,86236.972.48$307,054
Sep 20206,6877,65437.091.99$263,260
Aug 20205,2615,11839.982.39$222,542
Jul 20202,2265,25838.371.83$95,008
Jun 20202,4945,62534.901.69$96,549
May 20202,0028,23716.921.81$48,822
Apr 20201,1572,70214.751.80$21,941
Mar 20204,9309,27530.341.86$166,793
Feb 20205,0167,10249.881.98$264,265
Jan 20203,8738,19457.252.09$238,894
Dec 20192,49016,16559.012.30$184,185
Nov 20195,94317,14555.302.75$375,809
Oct 20196,07315,93153.472.42$363,253
Sep 20193,51317,11955.052.66$238,881
Aug 20196,11021,85553.112.30$374,864
Jul 20194,31518,61756.272.46$288,604
Jun 20197,93924,71752.782.49$480,595
May 20196,81315,76258.482.74$441,617
Apr 20196,45410,05462.632.75$431,870
Mar 20198,5565,41056.803.06$502,547
Feb 20198,4981,05950.852.79$435,080
Jan 201910,72024,97846.033.23$574,075
Dec 20189,70842,05146.594.19$628,298
Nov 201811,96628,01452.934.24$752,062
Oct 201810,36719,73961.443.40$704,023
Sep 201813,55331,98559.543.11$906,355
Aug 201820,78189,75659.403.07$1,509,634
Jul 201818,66335,66965.142.93$1,320,285
Jun 201825,51737,22060.183.08$1,650,136
May 201827,82132,34865.382.90$1,912,772
Apr 201819,35120,66763.842.90$1,295,319
Mar 20183,8168,17161.222.79$256,387
Feb 20186,23920,29861.782.77$441,592
Jan 20187,51035,25462.874.01$613,498
Dec 20177,55332,58757.272.92$527,764
Nov 20178,62427,19155.423.12$562,733
Oct 201710,24628,66849.292.98$590,561
Sep 201710,64741,15647.523.09$633,006
Aug 201712,53250,76845.373.00$721,104
Jul 201713,04115,77743.873.09$620,817
Jun 201713,55523,93342.493.09$649,840
May 201715,28014,67445.373.26$741,141
Apr 201713,68826,72647.933.21$741,899
Mar 201715,88416,50546.772.98$792,140
Feb 201714,76514,64950.452.95$788,147
Jan 201715,68915,03949.413.42$826,609
Dec 201613,3568,44248.763.72$682,667
Nov 201668385442.492.64$31,279

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                  995 bbl  × $106.41 =   $105,878
Casinghead gas     2,650 Mcf  × $  3.05 =     $8,071

────────────────────────────────────────────────────
Month total                                 $113,949

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/48837 is the state's own key, not one this site invented.