THE SPHINX

Operated by U.S. ENERGY DEVELOPMENT CORP (P-5 875462) in the WOLFBONE (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 49497District 08Field 98359800OilCasinghead gasSave
Value, all time
$252.0 M
Nov 2017 – May 2026
Value, last 12 filed months
$12.8 M
at the published price for each month
Months reported
103
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition3,416,800 bbl$204,052,617
Casinghead gasProduction14,063,499 Mcf$47,919,179
Total$251,971,796

Wells on this lease (8)

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 31.4236, -103.3878. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.6 miles.

31.42263, -103.38743 · 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 8 wells
With a plug date
0.0%
0 of 8 wells
Median depth
10,724 ft
8 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.
8100.0%

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

0k
2k
4k
6k
8k
10k
12k
15k
20k+

Total depth in feet, 8 of 8 wells. Median 10,724 ft, with the middle half between 10,503 and 10,829 ft; the shallowest is 9,170 ft and the deepest 11,198 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

10s

Last completion by decade, 8 of 8 wells, Nov 2017 – Mar 2019. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Nov 2017 – Mar 2019
8 of 8 wells

8 wells

42-38937204770H11,198 ftMar 2019
42-38937205772H11,049 ftMar 2019
42-38937206753H10,491 ftMar 2019
42-38936438751H10,507 ftOct 2018
42-38936439752H9,170 ftOct 2018
42-38936440702H10,721 ftOct 2018
42-38935650701H10,755 ftDec 2017
42-38935874703H10,726 ftNov 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 (103)

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

103 months

May 20267,28571,348106.413.05$992,511
Apr 20268,92973,07398.932.87$1,093,045
Mar 202610,18277,73189.753.15$1,158,644
Feb 202610,14580,01863.503.75$944,301
Jan 20266,95465,01359.138.00$931,159
Dec 20259,49489,37556.664.41$932,374
Nov 202510,795100,03058.593.93$1,025,241
Oct 202510,582101,99159.383.30$965,423
Sep 202511,321110,18062.743.08$1,049,295
Aug 202511,333113,92563.933.01$1,067,975
Jul 202513,588139,75066.743.32$1,370,162
Jun 202513,028119,48866.483.13$1,239,946
May 202514,656120,23060.553.23$1,276,043
Apr 202512,440110,94662.363.54$1,168,853
Mar 20259,810107,60967.704.27$1,123,447
Feb 20258,90197,49270.884.34$1,054,100
Jan 202512,100113,49874.324.28$1,384,894
Dec 202413,739111,05368.993.12$1,294,491
Nov 202412,89498,51769.052.20$1,106,914
Oct 202414,276102,77271.372.28$1,253,342
Sep 202410,44781,56169.612.36$920,055
Aug 20248,77476,98975.632.06$822,454
Jul 202412,88898,32979.932.15$1,241,210
Jun 202411,07499,15678.082.63$1,125,833
May 202413,396108,93078.812.20$1,295,215
Apr 202414,144105,29284.451.66$1,369,161
Mar 202413,833113,93280.301.55$1,286,830
Feb 202412,58097,72576.091.78$1,131,518
Jan 202416,426112,29573.023.30$1,569,737
Dec 202318,453112,97971.262.61$1,609,917
Nov 202315,75392,41977.892.81$1,486,473
Oct 202316,20794,53785.443.09$1,676,588
Sep 202312,66083,62489.042.74$1,355,961
Aug 202312,27690,46980.522.67$1,230,276
Jul 202314,449109,05474.852.64$1,369,607
Jun 202318,040128,18568.962.26$1,533,542
May 202321,256137,93570.622.23$1,808,335
Apr 202321,055138,04978.122.24$1,953,737
Mar 202322,020142,81672.852.39$1,945,939
Feb 202321,216139,93575.112.47$1,938,569
Jan 202322,103140,36876.533.39$2,167,070
Dec 202224,660150,02976.415.73$2,743,799
Nov 202222,006134,99885.005.65$2,632,736
Oct 202225,525147,66087.185.86$3,091,112
Sep 202222,631145,42984.888.16$3,108,155
Aug 202224,622149,73694.529.13$3,693,936
Jul 202221,861143,761101.587.54$3,304,897
Jun 202217,713137,778115.097.98$3,137,672
May 202216,980137,611109.378.43$3,017,582
Apr 202218,445126,095104.226.84$2,784,525
Mar 202218,254131,617108.885.08$2,655,636
Feb 202219,934109,95391.054.86$2,349,235
Jan 202223,316143,75881.844.54$2,560,509
Dec 202125,678155,55071.323.90$2,437,863
Nov 202125,050152,18077.435.24$2,736,565
Oct 202126,706161,00879.795.71$3,050,851
Sep 202126,756161,66769.865.35$2,734,241
Aug 202128,576172,88666.024.22$2,616,268
Jul 202129,302169,88170.783.98$2,750,475
Jun 202128,940161,09269.493.38$2,555,631
May 202131,401170,19563.483.02$2,506,928
Apr 202131,889164,84660.362.76$2,379,535
Mar 202134,277169,40961.302.72$2,561,454
Feb 202126,530124,39457.805.55$2,223,566
Jan 202137,053173,85150.412.81$2,356,410
Dec 202037,813175,78244.642.68$2,158,270
Nov 202039,052176,00838.772.71$1,990,424
Oct 202042,656178,33336.972.48$2,018,978
Sep 202038,242150,97737.091.99$1,718,997
Aug 202038,120155,51239.982.39$1,894,949
Jul 202043,927174,43438.371.83$2,003,842
Jun 202048,333187,52934.901.69$2,003,804
May 202053,716201,16816.921.81$1,273,944
Apr 202056,488205,31214.751.80$1,203,659
Mar 202059,674202,74430.341.86$2,186,849
Feb 202058,738185,48449.881.98$3,297,234
Jan 202067,525203,67357.252.09$4,292,448
Dec 201976,003217,55059.012.30$4,986,251
Nov 201981,092220,43955.302.75$5,090,749
Oct 201963,247176,12653.472.42$3,807,785
Sep 201958,237157,24955.052.66$3,623,801
Aug 201993,281234,95653.112.30$5,495,577
Jul 201990,725224,65956.272.46$5,657,770
Jun 201994,759220,72152.782.49$5,551,240
May 2019105,344246,11358.482.74$6,834,946
Apr 201978,202183,07762.632.75$5,401,381
Mar 201961,177106,72656.803.06$3,801,659
Feb 2019289050.852.79$14,696
Jan 201973,896159,02746.033.23$3,914,801
Dec 201899,607200,96846.594.19$5,481,830
Nov 2018119,356230,88852.934.24$7,295,841
Oct 201853,706108,47461.443.40$3,668,300
Sep 20180059.543.11$0
Aug 201832,88887,37259.403.07$2,221,479
Jul 201838,34299,67865.142.93$2,789,842
Jun 201830,27075,28960.183.08$2,053,307
May 201827,44370,69065.382.90$1,999,281
Apr 201850,124124,22663.842.90$3,560,271
Mar 201861,219153,14361.222.79$4,174,612
Feb 201867,014166,68561.782.77$4,601,196
Jan 201897,279226,01562.874.01$7,022,097
Dec 2017108,787247,12757.272.92$6,952,218
Nov 201710,62225,34355.423.12$667,700

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                7,285 bbl  × $106.41 =   $775,197
Casinghead gas    71,348 Mcf  × $  3.05 =   $217,315

────────────────────────────────────────────────────
Month total                                 $992,511

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/49497 is the state's own key, not one this site invented.