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UL LEAD KING 4035-16

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 48892District 08Field 71052900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$20.6 M
Dec 2016 – May 2026
Value, last 12 filed months
$1.1 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
OilDisposition345,296 bbl$19,167,265
Casinghead gasProduction454,633 Mcf$1,420,036
Total$20,587,301

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 31.5250, -103.1446. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.52504, -103.14458 · 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
11,267 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 11,267 ft.

Completions filed
Dec 2016
1 of 1 wells

1 well

42-475371031H11,267 ftDec 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 (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 20261,7231,799106.413.05$188,824
Apr 20261,20872798.932.87$121,594
Mar 20269184789.753.15$10,835
Feb 20261,0521,00063.503.75$70,552
Jan 20261,44937359.138.00$88,663
Dec 20251,46222556.664.41$83,830
Nov 20251,39112258.593.93$81,978
Oct 20251,39018359.383.30$83,143
Sep 20251,74640662.743.08$110,793
Aug 20251,42069163.933.01$92,864
Jul 20251,41471866.743.32$96,751
Jun 20251,11362366.483.13$75,941
May 20251,50888860.553.23$94,180
Apr 20251,3601,26162.363.54$89,277
Mar 20251,6611,56967.704.27$119,147
Feb 20250070.884.34$0
Jan 202533814974.324.28$25,758
Dec 20241,4721,25968.993.12$105,483
Nov 202465056469.052.20$46,122
Oct 20241,2821,15471.372.28$94,129
Sep 20241,7391,54369.612.36$124,700
Aug 20249241,13375.632.06$72,220
Jul 20240079.932.15$0
Jun 202420078.082.63$1,562
May 202453078.812.20$4,177
Apr 202432219184.451.66$27,510
Mar 20241,3681,07180.301.55$111,505
Feb 20241,26099976.091.78$97,655
Jan 202480770073.023.30$61,236
Dec 20231,23777171.262.61$90,161
Nov 20231,5041,21577.892.81$120,558
Oct 20231,3461,04085.443.09$118,213
Sep 20231,2631,32789.042.74$116,087
Aug 20231,3041,24680.522.67$108,328
Jul 20231,5691,48974.852.64$121,373
Jun 20231,6351,60168.962.26$116,365
May 20231,32499270.622.23$95,710
Apr 202363537378.122.24$50,441
Mar 20230072.852.39$0
Feb 202338075.112.47$2,854
Jan 20231,34194676.533.39$105,832
Dec 20221,81577176.415.73$143,101
Nov 20221,7491,34085.005.65$156,231
Oct 2022802887.185.86$7,139
Sep 20221,8551,89884.888.16$172,947
Aug 20221,6881,44394.529.13$172,720
Jul 20222,6022,132101.587.54$280,391
Jun 20222,9162,281115.097.98$353,798
May 202220109.378.43$219
Apr 202220104.226.84$208
Mar 202220108.885.08$218
Feb 2022113091.054.86$10,289
Jan 202274081.844.54$6,056
Dec 20212071.323.90$143
Nov 2021843077.435.24$65,273
Oct 20212,066079.795.71$164,846
Sep 20211,765069.865.35$123,303
Aug 20211,220066.024.22$80,544
Jul 20211,224070.783.98$86,635
Jun 20211,32813069.493.38$92,722
May 20211,6687663.483.02$106,114
Apr 20211,626660.362.76$98,162
Mar 20211,6111861.302.72$98,803
Feb 20211,53932757.805.55$90,768
Jan 20211,7444650.412.81$88,044
Dec 20201,96027444.642.68$88,227
Nov 20201,89272038.772.71$75,302
Oct 20202,1031,57736.972.48$81,656
Sep 20202,1151,24637.091.99$80,926
Aug 20202,5143,04839.982.39$107,780
Jul 20202,7623,13838.371.83$111,705
Jun 20201,5912,61734.901.69$59,949
May 20203,1385,07616.921.81$62,307
Apr 20203,5685,04614.751.80$61,733
Mar 20204,1274,45630.341.86$133,485
Feb 20204,0353,49149.881.98$208,180
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20196053.472.42$321
Sep 201936946555.052.66$21,549
Aug 20192,6426,91953.112.30$156,260
Jul 20192,8117,20956.272.46$175,910
Jun 20192,1557,62352.782.49$132,731
May 20193,1709,69558.482.74$211,949
Apr 20192,99110,66062.632.75$216,649
Mar 20194,05612,76156.803.06$269,456
Feb 20195,2079,21750.852.79$290,512
Jan 20194,6986,12246.033.23$236,012
Dec 20181,0042,40146.594.19$56,826
Nov 20183,59710,31752.934.24$234,105
Oct 20187,43421,51461.443.40$529,851
Sep 20185,80510,42659.543.11$378,034
Aug 20185,3117,34059.403.07$337,982
Jul 20185,2825,97065.142.93$361,573
Jun 20184,7613,85360.183.08$298,372
May 20185,1354,91165.382.90$349,972
Apr 20186,0225,06763.842.90$399,143
Mar 20185,3834,78261.222.79$342,874
Feb 20182,9424,88961.782.77$195,280
Jan 20188,60621,46262.874.01$627,107
Dec 201711,11328,61257.272.92$720,032
Nov 201714,80733,11655.423.12$923,872
Oct 201711,74314,62749.292.98$622,455
Sep 201711,14814,80547.523.09$575,460
Aug 201710,78413,22545.373.00$529,003
Jul 201713,10715,13143.873.09$621,718
Jun 201714,24917,07042.493.09$658,140
May 201714,22815,76845.373.26$696,982
Apr 20174,3135,03647.933.21$222,896
Mar 201712,98714,99646.772.98$652,145
Feb 201715,51815,90950.452.95$829,856
Jan 201719,15420,32449.413.42$1,015,883
Dec 201603148.763.72$115

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                1,723 bbl  × $106.41 =   $183,344
Casinghead gas     1,799 Mcf  × $  3.05 =     $5,479

────────────────────────────────────────────────────
Month total                                 $188,824

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/48892 is the state's own key, not one this site invented.