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STATE EILAND 14B GG HOUSTON

Operated by CONTINENTAL RESOURCES, INC. (P-5 173777) 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 49554District 08Field 71052900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$37.9 M
Oct 2017 – May 2026
Value, last 12 filed months
$2.3 M
at the published price for each month
Months reported
104
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
OilDisposition541,881 bbl$33,928,330
Casinghead gasProduction1,132,729 Mcf$3,955,946
Total$37,884,276

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 31.4008, -103.0714. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.40080, -103.07143 · 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
10,943 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 10,943 ft.

Completions filed
Oct 2017
1 of 1 wells

1 well

42-475372361H10,943 ftOct 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 (104)

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

104 months

May 20261,8293,346106.413.05$204,815
Apr 20262,2089,98498.932.87$247,089
Mar 20262,0747,60689.753.15$210,096
Feb 20262,1077,69663.503.75$162,657
Jan 20261,9289,23559.138.00$187,863
Dec 20252,35913,62756.664.41$193,802
Nov 20252,0199,61258.593.93$156,034
Oct 20252,46113,00359.383.30$189,107
Sep 20252,27710,68462.743.08$175,733
Aug 20252,69611,50663.933.01$207,043
Jul 20252,52512,06166.743.32$208,503
Jun 20252,32812,16366.483.13$192,820
May 20252,4457,11560.553.23$171,043
Apr 20252,5976,65262.363.54$185,518
Mar 20252,5908,00567.704.27$209,511
Feb 20251,6294,95070.884.34$136,951
Jan 20252,8143,87574.324.28$225,716
Dec 202439455768.993.12$28,921
Nov 20245681,35969.052.20$42,208
Oct 202457593171.372.28$43,162
Sep 20242,1825,34469.612.36$164,524
Aug 20241,0453,47175.632.06$86,196
Jul 20242,6676,23279.932.15$226,551
Jun 20241,9825,13978.082.63$168,291
May 20243,1377,50678.812.20$263,728
Apr 20241,6423,87484.451.66$145,095
Mar 20242,3865,64480.301.55$200,317
Feb 20242,6466,09776.091.78$212,209
Jan 20244,4607,31973.023.30$349,805
Dec 202314071.262.61$998
Nov 20239012,24577.892.81$76,482
Oct 20232,4155,37685.443.09$222,935
Sep 20233,2306,06589.042.74$304,187
Aug 20233,2416,14080.522.67$277,377
Jul 20232,2595,44974.852.64$183,481
Jun 20232,3226,61568.962.26$175,065
May 20233,6528,87870.622.23$277,679
Apr 20232,5046,22278.122.24$209,536
Mar 20233,5679,01572.852.39$281,430
Feb 20233,1527,75375.112.47$255,863
Jan 20233,0837,26376.533.39$260,547
Dec 20222,7817,00976.415.73$252,651
Nov 20223,9997,01485.005.65$379,517
Oct 20221,5091,78787.185.86$142,033
Sep 20221,3163,57284.888.16$140,863
Aug 20222,8258,03894.529.13$340,383
Jul 20223,1298,500101.587.54$381,952
Jun 20222,80411,455115.097.98$414,091
May 20223,76015,451109.378.43$541,530
Apr 20224,03414,643104.226.84$520,546
Mar 20224,22615,315108.885.08$537,872
Feb 20223,59114,52491.054.86$397,530
Jan 20224,13515,35581.844.54$408,084
Dec 20214,3376,78571.323.90$335,770
Nov 20214,5946,39477.435.24$389,198
Oct 20215,47217,57779.795.71$537,044
Sep 20215,42714,87069.865.35$458,698
Aug 20215,0089,16666.024.22$369,314
Jul 2021100070.783.98$7,078
Jun 20213,3039,72769.493.38$262,409
May 20214,10512,83463.483.02$299,314
Apr 20213,44011,30160.362.76$238,811
Mar 20214,18913,35661.302.72$293,073
Feb 20213,9819,72257.805.55$284,039
Jan 20214,99712,99150.412.81$288,407
Dec 20205,07612,59244.642.68$260,282
Nov 20204,96011,87238.772.71$224,432
Oct 20204,66010,73436.972.48$198,884
Sep 20203,9997,48337.091.99$163,222
Aug 20202,2053,75439.982.39$97,110
Jul 20201,6992,26138.371.83$69,317
Jun 20201,8532,29534.901.69$68,549
May 20202,1603,35616.921.81$42,638
Apr 20201,4401,88514.751.80$24,641
Mar 20205,78036230.341.86$176,037
Feb 20207,2488,95849.881.98$379,273
Jan 20207,52914,55757.252.09$461,528
Dec 20193,5845,64359.012.30$224,495
Nov 20195,80415,71555.302.75$364,188
Oct 20196,72517,36753.472.42$401,589
Sep 20197,75516,56855.052.66$470,939
Aug 20197,41916,13853.112.30$431,211
Jul 20198,48217,17256.272.46$519,526
Jun 20197,68714,96152.782.49$442,991
May 20197,79915,25958.482.74$497,900
Apr 20197,91115,59062.632.75$538,349
Mar 20199,13019,07156.803.06$576,981
Feb 20198,32216,40750.852.79$468,986
Jan 20199,54321,20346.033.23$507,711
Dec 201811,14210,38746.594.19$562,580
Nov 20188,70816,82152.934.24$532,189
Oct 20189,98520,14261.443.40$681,923
Sep 201810,26321,91159.543.11$679,158
Aug 201811,55522,82759.403.07$756,367
Jul 201812,10722,39565.142.93$854,309
Jun 201812,99221,80660.183.08$848,954
May 201815,27125,12565.382.90$1,071,301
Apr 201816,36223,93463.842.90$1,113,978
Mar 201817,77822,63661.222.79$1,151,452
Feb 201814,98418,52061.782.77$976,940
Jan 201822,83127,45262.874.01$1,545,449
Dec 201729,10533,27457.272.92$1,764,054
Nov 201725,01143,94555.423.12$1,523,146
Oct 20175,0457,35149.292.98$270,601

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                1,829 bbl  × $106.41 =   $194,624
Casinghead gas     3,346 Mcf  × $  3.05 =    $10,191

────────────────────────────────────────────────────
Month total                                 $204,815

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/49554 is the state's own key, not one this site invented.