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UL 18 DYK

Operated by APACHE CORPORATION (P-5 27200) 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 48896District 08Field 71052900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$59.4 M
Mar 2017 – May 2026
Value, last 12 filed months
$2.0 M
at the published price for each month
Months reported
111
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
OilDisposition826,847 bbl$48,601,759
Casinghead gasProduction3,289,401 Mcf$10,800,455
Total$59,402,214

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 31.5594, -103.2594. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

31.55940, -103.25942 · 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
11,540 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 11,401 and 11,679 ft, median 11,540 ft, over the 2 wells that filed a depth.

Completions filed
May 2019
2 of 2 wells

2 wells

42-475371221H11,401 ftMay 2019——
42-475371872H11,679 ftMay 2019——

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 (111)

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

111 months

May 20261,8514,729106.413.05$211,369
Apr 20262,1734,82098.932.87$228,807
Mar 20262,4605,40389.753.15$237,801
Feb 20262,9115,83563.503.75$206,732
Jan 20262,3635,52059.138.00$183,873
Dec 20252,9307,66756.664.41$199,851
Nov 20253,4317,95858.593.93$232,269
Oct 20254,3828,25159.383.30$287,471
Sep 20253561,64962.743.08$27,409
Aug 20250063.933.01$0
Jul 20256992,45766.743.32$54,797
Jun 20252,1186,79666.483.13$162,067
May 20252,4327,94260.553.23$172,929
Apr 20252,1097,80762.363.54$159,178
Mar 20252,3187,86767.704.27$190,507
Feb 20252,4717,80870.884.34$209,038
Jan 20252,6738,92574.324.28$236,845
Dec 20240068.993.12$0
Nov 20241,6135,40069.052.20$123,249
Oct 20242,53110,15471.372.28$203,803
Sep 20242,6799,16369.612.36$208,150
Aug 20242,67110,54675.632.06$223,771
Jul 20242,77311,49979.932.15$246,330
Jun 20242,95012,31078.082.63$262,760
May 20243,12813,96878.812.20$277,225
Apr 20243,33413,48284.451.66$303,926
Mar 20243,87815,11280.301.55$334,753
Feb 20242,5058,14776.091.78$205,137
Jan 20249283,71473.023.30$80,010
Dec 20232,83712,95571.262.61$235,987
Nov 20231,1214,39477.892.81$99,651
Oct 20233,12515,07585.443.09$313,541
Sep 20233,90615,40689.042.74$389,926
Aug 20233,73716,78080.522.67$345,754
Jul 20233,69317,79474.852.64$323,429
Jun 20233,91218,44368.962.26$311,425
May 20234,57722,24370.622.23$372,772
Apr 20234,55924,50578.122.24$410,985
Mar 20234,38528,56572.852.39$387,808
Feb 20235,48726,45675.112.47$477,361
Jan 20236,44634,57676.533.39$610,446
Dec 20224,03213,48076.415.73$385,313
Nov 20224,93331,86685.005.65$599,227
Oct 20223,69721,72787.185.86$449,706
Sep 20224,34722,92584.888.16$556,126
Aug 20224,49826,84694.529.13$670,179
Jul 20224,98926,547101.587.54$707,002
Jun 20224,76222,720115.097.98$729,301
May 20224,73615,896109.378.43$652,028
Apr 20225,16121,790104.226.84$686,871
Mar 20225,31722,194108.885.08$691,581
Feb 20224,09416,53691.054.86$453,104
Jan 20224,14419,26181.844.54$426,545
Dec 20214,8992,97571.323.90$360,997
Nov 20214,72239,22577.435.24$571,040
Oct 20216,45933,90979.795.71$709,115
Sep 20216,33234,87869.865.35$628,983
Aug 20216,26831,77166.024.22$547,906
Jul 20216,77033,02570.783.98$610,689
Jun 20216,50732,52369.493.38$562,119
May 20217,22636,73063.483.02$569,546
Apr 20217,11141,24960.362.76$543,002
Mar 20218,06043,21861.302.72$611,499
Feb 20216,94933,90357.805.55$589,744
Jan 20219,79046,79350.412.81$625,015
Dec 20206,45430,72744.642.68$370,315
Nov 20207,33832,87638.772.71$373,475
Oct 20207,21434,71736.972.48$352,745
Sep 20206,56731,03837.091.99$305,368
Aug 20207,37734,37539.982.39$376,920
Jul 20207,76836,90038.371.83$365,405
Jun 20208,29038,34134.901.69$354,129
May 20208,35243,57516.921.81$220,394
Apr 20208,12144,00414.751.80$199,185
Mar 20208,95344,87330.341.86$354,929
Feb 20209,31543,14749.881.98$550,092
Jan 20209,47236,91557.252.09$619,599
Dec 20196,54329,07259.012.30$453,095
Nov 20198,60931,70155.302.75$563,278
Oct 20198,88632,50853.472.42$553,756
Sep 20196,82627,11355.052.66$447,818
Aug 201910,37640,64753.112.30$644,735
Jul 201910,55341,17756.272.46$695,115
Jun 20199,83241,12052.782.49$621,371
May 20199,45535,91158.482.74$651,336
Apr 201910,05038,78562.632.75$736,117
Mar 201910,64539,42856.803.06$725,368
Feb 20199,86337,83250.852.79$607,169
Jan 201911,25543,89046.033.23$659,752
Dec 201812,25445,52846.594.19$761,469
Nov 201812,71243,81152.934.24$858,484
Oct 201811,87046,97261.443.40$888,907
Sep 201812,41649,15859.543.11$892,032
Aug 201814,70451,88259.403.07$1,032,517
Jul 201813,90951,38765.142.93$1,056,693
Jun 201814,19552,47060.183.08$1,015,701
May 201816,17255,23965.382.90$1,217,563
Apr 201815,74554,72863.842.90$1,163,916
Mar 201816,77059,78761.222.79$1,193,276
Feb 201816,60557,73761.782.77$1,185,564
Jan 201817,35959,33362.874.01$1,329,245
Dec 201720,05168,33757.272.92$1,347,969
Nov 201721,78070,98955.423.12$1,428,417
Oct 201723,48178,62849.292.98$1,391,979
Sep 201723,88380,75647.523.09$1,384,237
Aug 201727,75291,37045.373.00$1,533,620
Jul 201722,76782,54343.873.09$1,253,622
Jun 201719,92564,86842.493.09$1,046,879
May 201722,29573,76045.373.26$1,252,233
Apr 201711,83335,33847.933.21$680,647
Mar 20170046.772.98$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                1,851 bbl  × $106.41 =   $196,965
Casinghead gas     4,729 Mcf  × $  3.05 =    $14,404

────────────────────────────────────────────────────
Month total                                 $211,369

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/48896 is the state's own key, not one this site invented.