MineralRecord
Log inSign up

OLYMPIC 54-2-7

Operated by ANADARKO E&P ONSHORE LLC (P-5 20528) 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 48841District 08Field 71052900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$26.0 M
Dec 2016 – May 2026
Value, last 12 filed months
$1.6 M
at the published price for each month
Months reported
114
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
OilDisposition356,196 bbl$22,259,455
Casinghead gasProduction1,125,553 Mcf$3,729,374
Total$25,988,829

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 31.8549, -103.6993. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.85491, -103.69927 · 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
11,681 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 11,681 ft.

Completions filed
Jul 2017
1 of 1 wells

1 well

42-301330001H11,681 ftJul 2017——

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 (114)

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

114 months

May 20262,0859,208106.413.05$249,911
Apr 20262,1339,06098.932.87$237,017
Mar 20262,2197,83189.753.15$223,819
Feb 20261,7896,31963.503.75$137,300
Jan 20261,4843,64059.138.00$116,861
Dec 20251,1462,37056.664.41$75,392
Nov 20251,1962,76558.593.93$80,930
Oct 20251,2202,79559.383.30$81,681
Sep 20251,0912,94262.743.08$77,502
Aug 20251,2343,07263.933.01$88,151
Jul 20251,5183,74066.743.32$113,710
Jun 20251,3673,67366.483.13$102,370
May 20251,3303,71960.553.23$92,553
Apr 20251,2343,46862.363.54$89,240
Mar 20251,5504,20067.704.27$122,862
Feb 20251,3823,75170.884.34$114,239
Jan 20251,7293,48374.324.28$143,402
Dec 20241,8514,17768.993.12$140,738
Nov 20241,5194,60969.052.20$115,020
Oct 20242,0015,40471.372.28$155,140
Sep 20241,7755,21969.612.36$135,897
Aug 20241,5845,20475.632.06$130,537
Jul 20241,9744,92179.932.15$168,345
Jun 20241,8803,74378.082.63$156,649
May 20241,0073,43778.812.20$86,918
Apr 20243,0457,73984.451.66$269,991
Mar 20241,8875,77380.301.55$160,446
Feb 20241,4354,30676.091.78$116,870
Jan 20242,0023,43573.023.30$157,514
Dec 20231,9356,29971.262.61$154,333
Nov 20231,2494,06277.892.81$108,689
Oct 20231,8055,72685.443.09$171,897
Sep 20231,0644,30489.042.74$106,510
Aug 20231,3894,61080.522.67$124,164
Jul 20234204474.852.64$31,553
Jun 20231,7544,42568.962.26$130,950
May 20232,5876,26270.622.23$196,642
Apr 20231,9236,25878.122.24$164,229
Mar 20232,55712,11672.852.39$215,273
Feb 20232,2619,23075.112.47$192,582
Jan 20231,3246,16576.533.39$122,211
Dec 20221,5236,33276.415.73$152,649
Nov 20222,0527,54385.005.65$217,009
Oct 20221,6986,47387.185.86$185,988
Sep 20221,9817,16884.888.16$226,665
Aug 20222,2567,83694.529.13$284,758
Jul 20222,1848,262101.587.54$284,163
Jun 20222,4388,934115.097.98$351,858
May 20222,09111,354109.378.43$324,441
Apr 20222,10812,345104.226.84$304,106
Mar 20222,68110,607108.885.08$345,753
Feb 20221,7876,14891.054.86$192,579
Jan 20223,7357,57881.844.54$340,059
Dec 20212,5969,26271.323.90$221,260
Nov 20212,4928,65777.435.24$238,291
Oct 20212,4478,20279.795.71$242,111
Sep 20212,6309,26969.865.35$233,329
Aug 20212,5508,81066.024.22$205,534
Jul 20212,9319,83470.783.98$246,616
Jun 20212,4718,08969.493.38$199,056
May 20213,1689,17363.483.02$228,786
Apr 20213,03312,20660.362.76$216,741
Mar 20213,24414,67761.302.72$238,734
Feb 20212,39710,08657.805.55$194,503
Jan 20213,23313,62250.412.81$201,257
Dec 20203,31511,23244.642.68$178,032
Nov 20203,0909,21638.772.71$144,743
Oct 20203,0619,21836.972.48$136,011
Sep 20203,52811,73137.091.99$154,210
Aug 20203,50712,67039.982.39$170,429
Jul 20203,31810,62538.371.83$146,704
Jun 20203,23910,21434.901.69$130,306
May 20203,67310,64416.921.81$81,463
Apr 20203,67910,70214.751.80$73,576
Mar 20204,86112,57230.341.86$170,819
Feb 20203,7309,07449.881.98$204,025
Jan 20203,0844,84257.252.09$186,702
Dec 20194,59411,61459.012.30$297,855
Nov 20194,11813,31855.302.75$264,359
Oct 20194,70615,68053.472.42$289,553
Sep 20194,29415,11155.052.66$276,539
Aug 20194,53915,64753.112.30$277,123
Jul 20194,58816,64656.272.46$299,117
Jun 20194,38914,12452.782.49$266,837
May 20195,49816,50858.482.74$366,760
Apr 20195,32916,16062.632.75$378,207
Mar 20195,34115,47456.803.06$350,752
Feb 20194,96717,94550.852.79$302,678
Jan 20194,67915,16146.033.23$264,317
Dec 20186,95018,24546.594.19$400,164
Nov 20184,11712,21552.934.24$269,671
Oct 20183,1509,07961.443.40$224,387
Sep 20185,89021,89259.543.11$418,731
Aug 20187,24927,67159.403.07$515,445
Jul 20188,85328,35365.142.93$659,812
Jun 20189,09031,30660.183.08$643,362
May 201810,56632,60565.382.90$785,386
Apr 201813,08738,05663.842.90$945,867
Mar 201818,33653,86961.222.79$1,272,654
Feb 201819,85355,61361.782.77$1,380,351
Jan 201815,63444,64162.874.01$1,161,890
Dec 20178682,25457.272.92$56,295
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20175,76517,65543.873.09$307,416
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$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                2,085 bbl  × $106.41 =   $221,865
Casinghead gas     9,208 Mcf  × $  3.05 =    $28,046

────────────────────────────────────────────────────
Month total                                 $249,911

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/48841 is the state's own key, not one this site invented.