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ORION B

Operated by EOG RESOURCES, INC. (P-5 253162) 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 49911District 08Field 71052900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$89.0 M
Jan 2018 – May 2026
Value, last 12 filed months
$3.6 M
at the published price for each month
Months reported
101
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
OilDisposition1,265,159 bbl$77,998,496
Casinghead gasProduction3,589,031 Mcf$10,990,920
Total$88,989,416

Wells on this lease (3)

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 31.9420, -103.6081. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

31.94196, -103.60812 · 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 3 wells
With a plug date
0.0%
0 of 3 wells
Median depth
11,935 ft
3 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.
3100.0%

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 11,935 and 11,936 ft, median 11,935 ft, over the 3 wells that filed a depth.

Completions filed
Jan 2018
3 of 3 wells

3 wells

42-30132948703H11,935 ftJan 2018——
42-30132949704H11,935 ftJan 2018——
42-30132950705H11,936 ftJan 2018——

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 (101)

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

101 months

May 20263,08313,555106.413.05$369,348
Apr 20263,63115,81698.932.87$404,602
Mar 20263,62617,33489.753.15$380,026
Feb 20262,25114,63763.503.75$197,832
Jan 20263,00916,85759.138.00$312,743
Dec 20253,02015,24156.664.41$238,377
Nov 20253,00115,26058.593.93$235,746
Oct 20253,48215,46059.383.30$257,854
Sep 20253,65313,41662.743.08$270,469
Aug 20253,76514,59163.933.01$284,685
Jul 20253,90815,70166.743.32$312,872
Jun 20253,95514,70266.483.13$308,927
May 20254,03016,03360.553.23$295,840
Apr 20253,77615,62362.363.54$290,826
Mar 20254,81817,23767.704.27$399,752
Feb 20254,32213,02870.884.34$362,896
Jan 20254,80517,04974.324.28$430,055
Dec 20244,73218,98468.993.12$385,717
Nov 20245,01518,36269.052.20$386,654
Oct 20245,57120,49571.372.28$444,360
Sep 20245,12720,48169.612.36$405,315
Aug 20245,36022,00675.632.06$450,789
Jul 20245,47022,25479.932.15$484,987
Jun 20245,52923,23178.082.63$492,894
May 20245,81722,96878.812.20$508,932
Apr 20246,08421,23484.451.66$549,025
Mar 20246,70521,40880.301.55$571,490
Feb 20246,74920,50876.091.78$550,110
Jan 20247,45320,17773.023.30$610,755
Dec 20236,86718,73571.262.61$538,254
Nov 20237,20617,94577.892.81$611,657
Oct 20237,82319,03785.443.09$727,170
Sep 20238,02718,42989.042.74$765,128
Aug 20238,35620,18880.522.67$726,785
Jul 20234,38512,79074.852.64$362,006
Jun 20234,1259,16168.962.26$305,150
May 20234,4509,35370.622.23$335,092
Apr 20234,3299,11378.122.24$358,574
Mar 20234,6379,65872.852.39$360,919
Feb 20234,1738,30775.112.47$333,916
Jan 20234,9529,86376.533.39$412,390
Dec 20224,4429,09676.415.73$391,525
Nov 20224,05210,12885.005.65$401,605
Oct 20224,03610,34787.185.86$412,531
Sep 202211555184.888.16$14,259
Aug 20221,9456,10794.529.13$239,581
Jul 20223,84011,363101.587.54$475,768
Jun 20223,09510,162115.097.98$437,268
May 20223,53810,939109.378.43$479,200
Apr 20223,85710,330104.226.84$472,609
Mar 20222,7755,555108.885.08$330,341
Feb 20225,09515,34991.054.86$538,478
Jan 20223,80012,93481.844.54$369,682
Dec 20213,63816,37671.323.90$323,314
Nov 20213,13216,04977.435.24$326,557
Oct 20213,41410,09979.795.71$330,107
Sep 20214,68617,29169.865.35$419,887
Aug 20213,07416,26766.024.22$271,602
Jul 20214,43518,63070.783.98$388,095
Jun 20214,81821,93069.493.38$408,940
May 20215,90627,19863.483.02$456,987
Apr 20217,73232,01260.362.76$555,006
Mar 202110,53236,39461.302.72$744,492
Feb 20218,64633,29057.805.55$684,430
Jan 20217,61131,13150.412.81$471,157
Dec 20207,97130,98344.642.68$438,719
Nov 20207,37929,50038.772.71$365,928
Oct 20206,52134,38036.972.48$326,290
Sep 20205,15032,03237.091.99$254,790
Aug 202010,46939,81639.982.39$513,516
Jul 20206,55329,60738.371.83$305,475
Jun 20206,47628,98234.901.69$275,001
May 202010,52940,15716.921.81$251,026
Apr 202011,29948,41514.751.80$254,019
Mar 202011,53248,96730.341.86$440,775
Feb 20209,74040,54749.881.98$566,141
Jan 202011,60938,65157.252.09$745,579
Dec 201912,94640,59059.012.30$857,477
Nov 201914,41040,62255.302.75$908,612
Oct 201914,98842,20253.472.42$903,476
Sep 201910,60326,85855.052.66$655,064
Aug 20195,94121,92853.112.30$366,057
Jul 201917,98268,22756.272.46$1,179,690
Jun 201918,55664,14152.782.49$1,139,174
May 201917,92265,21458.482.74$1,226,786
Apr 201921,63575,38362.632.75$1,562,356
Mar 201924,83478,31956.803.06$1,650,392
Feb 201924,92571,41250.852.79$1,466,834
Jan 201920,91458,76846.033.23$1,152,385
Dec 201818,64356,02046.594.19$1,103,046
Nov 201820,10958,92552.934.24$1,314,049
Oct 201826,64867,31261.443.40$1,865,985
Sep 201827,72771,91359.543.11$1,874,371
Aug 201836,276102,69759.403.07$2,469,721
Jul 201849,407107,75165.142.93$3,534,285
Jun 201847,75798,94960.183.08$3,178,474
May 201856,376117,61565.382.90$4,027,040
Apr 201868,955136,75963.842.90$4,798,798
Mar 2018100,154214,91361.222.79$6,730,356
Feb 2018108,037226,06861.782.77$7,299,857
Jan 201884,895168,65362.874.01$6,013,533

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                3,083 bbl  × $106.41 =   $328,062
Casinghead gas    13,555 Mcf  × $  3.05 =    $41,286

────────────────────────────────────────────────────
Month total                                 $369,348

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/49911 is the state's own key, not one this site invented.