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STATE NEAL LETHCO 3405A-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 49113District 08Field 71052900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$46.6 M
Apr 2017 – May 2026
Value, last 12 filed months
$3.3 M
at the published price for each month
Months reported
110
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
OilDisposition697,059 bbl$42,304,355
Casinghead gasProduction1,334,382 Mcf$4,249,474
Total$46,553,828

Wells on this lease (4)

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 31.1543, -102.9383. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

31.15425, -102.93876 · 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
25.0%
1 of 4 wells
With a plug date
25.0%
1 of 4 wells
Median depth
8,622 ft
4 wells filed one
Completion to plug
4.2 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
125.0%
A plug date is filed
125.0%
BothOn the schedule and plugged. Neither fact cancels the other.
125.0%
NeitherNo plug date, and not on the schedule.
375.0%

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 1,450 and 8,938 ft, median 8,622 ft, over the 4 wells that filed a depth.

Completions filed
Apr 2017 – Aug 2018
4 of 4 wells
Plug dates filed
Jul 2021
1 of 4 wells; 3 filed none

Last completion to plug: a median of 4.2 years across the 1 well that filed both dates, with the middle half between 4.2 years and 4.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells

42-3713975331H8,512 ftAug 2018——
42-371395072H8,732 ftAug 2017——
42-371395193H1,450 ftMay 2017Jul 2021Yes
42-371394211H8,938 ftApr 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 (110)

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

110 months

May 20263,03312,344106.413.05$360,339
Apr 20263,42417,42398.932.87$388,735
Mar 20269764,33589.753.15$101,249
Feb 20263,99112,97963.503.75$302,104
Jan 20264,16712,14159.138.00$343,497
Dec 20252,3455,62356.664.41$157,684
Nov 20252,53010,05358.593.93$187,705
Oct 20254,05213,40659.383.30$284,912
Sep 20254,62512,35862.743.08$328,197
Aug 20253,0549,44163.933.01$223,705
Jul 20253,57614,07066.743.32$285,307
Jun 20254,98712,34666.483.13$370,163
May 20252,5777,97360.553.23$181,809
Apr 20253,48510,70662.363.54$255,257
Mar 20253,62410,15067.704.27$288,668
Feb 20253,69511,16170.884.34$310,350
Jan 20254,21412,73474.324.28$367,669
Dec 20243,1988,08268.993.12$245,857
Nov 20243,91613,85769.052.20$300,864
Oct 20244,81112,09371.372.28$370,950
Sep 20244,29212,19169.612.36$327,590
Aug 20244,68615,20975.632.06$385,788
Jul 20244,92617,66679.932.15$431,657
Jun 20245,87617,46378.082.63$504,795
May 20245,48815,22278.812.20$465,974
Apr 20243,4703,46884.451.66$298,796
Mar 20244,5659,54480.301.55$381,316
Feb 20244,33812,37376.091.78$352,147
Jan 20243,5849,33673.023.30$292,491
Dec 20235,18715,69871.262.61$410,609
Nov 20235,32017,53377.892.81$463,600
Oct 20235,41816,10585.443.09$512,635
Sep 20235,98416,55989.042.74$578,105
Aug 20235,27020,29780.522.67$478,592
Jul 20238,40915,75074.852.64$671,022
Jun 20238,44410,28368.962.26$605,522
May 20236,7806,45970.622.23$493,190
Apr 20236,9374,24578.122.24$551,418
Mar 20231,88112,04472.852.39$165,854
Feb 20231,90872875.112.47$145,105
Jan 20231,4251,09976.533.39$112,778
Dec 20225,0371,88076.415.73$395,648
Nov 20222,2442,51885.005.65$204,957
Oct 20222,2371,56187.185.86$204,175
Sep 20223,9044,24684.888.16$366,035
Aug 20225,2825,94694.529.13$553,525
Jul 20224,2094,694101.587.54$462,953
Jun 20223,3105,408115.097.98$424,089
May 20222,6733,955109.378.43$325,699
Apr 20222,2144,368104.226.84$260,610
Mar 20224,0835,088108.885.08$470,386
Feb 20224,3574,26991.054.86$417,447
Jan 20224,5493,53281.844.54$388,317
Dec 20213,2593,68071.323.90$246,781
Nov 20213,0234,23777.435.24$256,259
Oct 20213,7225,61579.795.71$329,062
Sep 20213,8547,29569.865.35$308,275
Aug 20214,0215,63166.024.22$289,233
Jul 20213,0994,39370.783.98$236,841
Jun 20214,37316,51969.493.38$359,724
May 20213,79017,06863.483.02$292,095
Apr 20215,41514,26160.362.76$366,187
Mar 20214,3799,67561.302.72$294,719
Feb 20214,1059,41957.805.55$289,525
Jan 20215,29711,13950.412.81$298,325
Dec 20207,40225,77844.642.68$399,393
Nov 20208,37022,03038.772.71$384,131
Oct 20208,40310,42436.972.48$336,494
Sep 20209,6627,72937.091.99$373,752
Aug 20209,0826,52039.982.39$378,649
Jul 20208,3518,92438.371.83$336,715
Jun 20206,4377,02234.901.69$236,521
May 20206,3283,67816.921.81$113,744
Apr 20205,7525,70414.751.80$95,134
Mar 20201,9716,34530.341.86$71,578
Feb 20204,1518,47049.881.98$223,828
Jan 20206,66917,43357.252.09$418,318
Dec 201911,06020,67159.012.30$700,284
Nov 20199,24821,77055.302.75$571,297
Oct 201911,17516,67853.472.42$637,864
Sep 20196,32211,58455.052.66$378,808
Aug 20199,66218,28953.112.30$555,293
Jul 20197,83611,75656.272.46$469,852
Jun 201912,25720,66852.782.49$698,413
May 20199,13810,02158.482.74$561,851
Apr 201913,95511,12062.632.75$904,589
Mar 201913,2694,44256.803.06$767,281
Feb 201912,59496850.852.79$643,108
Jan 201916,38519,32146.033.23$816,573
Dec 201822,13751,54546.594.19$1,247,101
Nov 201825,67626,20752.934.24$1,470,076
Oct 201822,67426,89061.443.40$1,484,465
Sep 20187,6606,86559.543.11$477,413
Aug 20184,05520,19159.403.07$302,784
Jul 20189,50414,76065.142.93$662,365
Jun 20187,84716,66160.183.08$523,497
May 20188,77817,28265.382.90$624,037
Apr 20189,70934,63663.842.90$720,295
Mar 20188,97915,23861.222.79$592,160
Feb 20188,10119,48161.782.77$554,367
Jan 201811,54239,65362.874.01$884,627
Dec 20175,81221,00657.272.92$394,223
Nov 20177,47114,55055.423.12$459,415
Oct 201711,29912,27549.292.98$593,552
Sep 20176,70811,72647.523.09$354,966
Aug 20171,2961,14245.373.00$62,231
Jul 201712,36910,87243.873.09$576,193
Jun 20179,68510,27942.493.09$443,250
May 201712,25510,26245.373.26$589,498
Apr 20171,11926,57247.933.21$138,972

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                3,033 bbl  × $106.41 =   $322,742
Casinghead gas    12,344 Mcf  × $  3.05 =    $37,598

────────────────────────────────────────────────────
Month total                                 $360,339

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/49113 is the state's own key, not one this site invented.