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CAPRITO 98

Operated by ABRAXAS PETROLEUM CORPORATION (P-5 3125) 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 49223District 08Field 71052900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$55.6 M
May 2017 – May 2026
Value, last 12 filed months
$1.9 M
at the published price for each month
Months reported
109
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
OilDisposition833,474 bbl$50,190,032
Casinghead gasProduction1,574,777 Mcf$5,439,099
Total$55,629,131

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 31.5601, -103.1391. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

31.56007, -103.13910 · 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
10,916 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 10,796 and 11,036 ft, median 10,916 ft, over the 2 wells that filed a depth.

Completions filed
Jul 2017
2 of 2 wells

2 wells

42-47537197301HR11,036 ftJul 2017——
42-47537168201H10,796 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 (109)

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

109 months

May 20261,4032,090106.413.05$155,659
Apr 20261,5831,94298.932.87$162,179
Mar 20261,3962,89589.753.15$134,409
Feb 20261,55273663.503.75$101,312
Jan 20262,8031,37959.138.00$176,771
Dec 20257001,34056.664.41$45,576
Nov 20258671,95058.593.93$58,454
Oct 20252,9857,07859.383.30$200,641
Sep 20252,2578,21562.743.08$166,881
Aug 20253,1468,48863.933.01$226,713
Jul 20252,7708,29566.743.32$212,369
Jun 20253,63712,05166.483.13$279,492
May 20252,59512,83660.553.23$198,617
Apr 20253,26811,29162.363.54$243,798
Mar 20252,80216,52667.704.27$260,234
Feb 20253,45811,75570.884.34$296,130
Jan 20253,5229,59574.324.28$302,809
Dec 20243,14715,97568.993.12$266,975
Nov 20242,81110,68869.052.20$217,596
Oct 20244,88815,12771.372.28$383,367
Sep 20242,26711,39769.612.36$184,752
Aug 20244,7488,76275.632.06$377,173
Jul 20242,5975,60379.932.15$219,606
Jun 20242,76510,62178.082.63$243,867
May 20244,02713,76378.812.20$347,625
Apr 20243,82811,41784.451.66$342,218
Mar 20243,4538,53980.301.55$290,470
Feb 20242,3795,38376.091.78$190,619
Jan 20243,28210,75273.023.30$275,108
Dec 20234,47210,30271.262.61$345,570
Nov 20234,0909,32377.892.81$344,745
Oct 20233,29111,98885.443.09$318,193
Sep 20233,59512,17689.042.74$353,401
Aug 20234,02111,48780.522.67$354,474
Jul 20233,4358,38074.852.64$279,248
Jun 20233,3788,09868.962.26$251,236
May 20234,67113,79170.622.23$360,584
Apr 20234,17313,41078.122.24$356,003
Mar 20234,39213,15872.852.39$351,446
Feb 20233,50210,18475.112.47$288,146
Jan 20233,98411,05876.533.39$342,357
Dec 20225,04612,08676.415.73$454,807
Nov 20224,03611,66385.005.65$408,912
Oct 20224,66816,88387.185.86$505,954
Sep 20223,57315,87184.888.16$432,842
Aug 20225,14415,70594.529.13$629,553
Jul 20224,84718,274101.587.54$630,182
Jun 20225,67816,401115.097.98$784,315
May 20224,96214,003109.378.43$660,782
Apr 20224,29412,092104.226.84$530,201
Mar 20224,83712,473108.885.08$589,971
Feb 20224,33014,07191.054.86$462,615
Jan 20226,44217,31281.844.54$605,770
Dec 20215,02612,32871.323.90$406,523
Nov 20215,90715,59377.435.24$539,037
Oct 20215,57817,16079.795.71$543,119
Sep 20215,39215,87669.865.35$461,636
Aug 20216,07514,66466.024.22$462,962
Jul 20215,56412,89270.783.98$445,157
Jun 20215,13412,83069.493.38$400,135
May 20216,13816,86563.483.02$440,533
Apr 20216,71417,78660.362.76$454,318
Mar 20217,42914,38561.302.72$494,481
Feb 20214,14311,25157.805.55$301,885
Jan 20218,19221,21750.412.81$472,584
Dec 20206,62618,44744.642.68$345,139
Nov 20209,13419,02238.772.71$405,610
Oct 20209,06018,64336.972.48$381,154
Sep 20207,82310,75937.091.99$311,577
Aug 20209,19011,62339.982.39$395,138
Jul 20206,4374,47638.371.83$255,157
Jun 202002,30934.901.69$3,903
May 20200016.921.81$0
Apr 20203,1864,93214.751.80$55,893
Mar 20207,07612,17030.341.86$237,276
Feb 20206,91811,80649.881.98$368,454
Jan 20208,02214,30457.252.09$489,223
Dec 20197,69314,06959.012.30$486,384
Nov 20196,05910,35955.302.75$363,557
Oct 20199,66117,61753.472.42$559,181
Sep 20199,36317,47155.052.66$561,858
Aug 20199,55214,41653.112.30$540,526
Jul 20197,7028,84056.272.46$455,138
Jun 20198,35110,37352.782.49$466,607
May 20198,2679,58158.482.74$509,709
Apr 20198,91412,39562.632.75$592,379
Mar 20198,89012,96456.803.06$544,649
Feb 20198,70115,92550.852.79$486,912
Jan 201911,90123,46946.033.23$623,565
Dec 201812,60022,74046.594.19$682,211
Nov 20188,67910,39952.934.24$503,443
Oct 201811,40321,15761.443.40$772,494
Sep 201811,34817,86759.543.11$731,191
Aug 201813,03717,79859.403.07$828,976
Jul 201813,65522,81865.142.93$956,386
Jun 201815,13721,14060.183.08$975,991
May 201815,64723,75065.382.90$1,091,895
Apr 201816,64426,20863.842.90$1,138,577
Mar 201820,29328,86761.222.79$1,322,785
Feb 201819,55327,95761.782.77$1,285,317
Jan 201826,22837,04262.874.01$1,797,468
Dec 201732,11643,36357.272.92$1,965,969
Nov 201736,41446,79555.423.12$2,163,988
Oct 201740,88550,28449.292.98$2,165,253
Sep 201745,11554,57747.523.09$2,312,359
Aug 201751,39856,17545.373.00$2,500,699
Jul 20177,70710,34543.873.09$370,044
Jun 20170042.493.09$0
May 20170045.373.26$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                1,403 bbl  × $106.41 =   $149,293
Casinghead gas     2,090 Mcf  × $  3.05 =     $6,366

────────────────────────────────────────────────────
Month total                                 $155,659

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/49223 is the state's own key, not one this site invented.