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OLIFANT UNIVERSITY 25 18

Operated by U.S. ENERGY DEVELOPMENT CORP (P-5 875462) 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 50044District 08Field 71052900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$18.3 M
Jan 2018 – May 2026
Value, last 12 filed months
$1.2 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
OilDisposition270,720 bbl$17,278,181
Casinghead gasProduction320,369 Mcf$1,050,772
Total$18,328,953

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 31.6166, -103.3019. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.61655, -103.30192 · 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
11,904 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 11,904 ft.

Completions filed
Jan 2018
1 of 1 wells

1 well

42-475373581H11,904 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 20261,3971,321106.413.05$152,678
Apr 20261,3901,16298.932.87$140,847
Mar 20261,5911,45489.753.15$147,372
Feb 20261,1421,31763.503.75$77,456
Jan 20261,5201,27159.138.00$100,043
Dec 20251,3951,36156.664.41$85,047
Nov 20251,3421,33358.593.93$83,862
Oct 20251,2091,32659.383.30$76,173
Sep 202551030562.743.08$32,936
Aug 20251,5371,79263.933.01$103,663
Jul 20251,5371,79266.743.32$108,520
Jun 20251,3591,60466.483.13$95,365
May 20251,4391,52960.553.23$92,074
Apr 20251,3611,52962.363.54$90,289
Mar 20251,3291,56267.704.27$96,640
Feb 20251,2461,35570.884.34$94,198
Jan 20251,4151,38574.324.28$111,089
Dec 20241,5741,69468.993.12$113,878
Nov 20241,5431,75869.052.20$110,409
Oct 20241,1771,83571.372.28$88,189
Sep 20241,5731,61669.612.36$113,317
Aug 20241,6931,79275.632.06$131,740
Jul 20241,7251,86379.932.15$141,878
Jun 20241,6221,88878.082.63$131,619
May 20241,6951,94078.812.20$137,848
Apr 20241,3841,85284.451.66$119,952
Mar 20241,7261,91180.301.55$141,551
Feb 20241,5751,78676.091.78$123,027
Jan 20241,4962,07873.023.30$116,090
Dec 20231,5861,99871.262.61$118,235
Nov 20231,6092,06777.892.81$131,128
Oct 20231,6542,16385.443.09$147,996
Sep 20231,5401,91189.042.74$142,348
Aug 20231,8001,98480.522.67$150,239
Jul 20231,7892,34474.852.64$140,099
Jun 20231,1211,32868.962.26$80,303
May 20231,3291,59270.622.23$97,400
Apr 20231,3771,61578.122.24$111,185
Mar 20231,4931,69472.852.39$112,819
Feb 20231,6971,57175.112.47$131,335
Jan 20231,6481,82376.533.39$132,297
Dec 20221,8511,88276.415.73$152,217
Nov 20221,8091,90385.005.65$164,510
Oct 20221,9722,22187.185.86$184,942
Sep 20221,8802,25484.888.16$177,975
Aug 20221,9662,39394.529.13$207,668
Jul 20221,9472,354101.587.54$215,530
Jun 20221,7802,298115.097.98$223,192
May 20222,0982,453109.378.43$250,145
Apr 20222,2282,650104.226.84$250,322
Mar 20221,7501,615108.885.08$198,738
Feb 20221,9332,31791.054.86$187,258
Jan 20222,2762,70881.844.54$198,556
Dec 20212,2302,81971.323.90$170,035
Nov 20212,5062,81277.435.24$208,766
Oct 20212,5722,87879.795.71$221,664
Sep 20212,3562,97669.865.35$180,515
Aug 20212,5243,28166.024.22$180,482
Jul 20212,6033,34370.783.98$197,552
Jun 20212,5143,11169.493.38$185,215
May 20211,2981,52263.483.02$86,990
Apr 20212,4583,03360.362.76$156,731
Mar 20212,5953,29461.302.72$168,023
Feb 20212,5163,12857.805.55$162,779
Jan 20212,6123,48750.412.81$141,470
Dec 20203,0354,06744.642.68$146,364
Nov 20201,8042,59338.772.71$76,959
Oct 20202,7793,03936.972.48$110,272
Sep 20202,6693,17437.091.99$105,313
Aug 20202,5953,46339.982.39$112,008
Jul 20202,7303,71538.371.83$111,530
Jun 20204,4423,99534.901.69$161,779
May 2020012316.921.81$223
Apr 20201,8032,13214.751.80$30,441
Mar 20202,8523,44130.341.86$92,917
Feb 20202,9673,23449.881.98$154,399
Jan 20203,4373,69257.252.09$204,502
Dec 20194,1994,16859.012.30$257,388
Nov 20192,4233,86755.302.75$144,629
Oct 20193,3063,83853.472.42$186,054
Sep 20193,3984,61755.052.66$199,329
Aug 20193,6965,01753.112.30$207,856
Jul 20193,6024,74356.272.46$214,353
Jun 20193,2444,56052.782.49$182,578
May 20193,8884,78258.482.74$240,474
Apr 20193,6555,11162.632.75$242,971
Mar 20194,6146,64056.803.06$282,408
Feb 20192,4602,76150.852.79$132,800
Jan 20195,3885,00446.033.23$264,163
Dec 20185,0305,97546.594.19$259,356
Nov 20184,4824,98952.934.24$258,372
Oct 20181,5441,41561.443.40$99,672
Sep 20188,2939,65459.543.11$523,770
Aug 20186,4247,17159.403.07$403,576
Jul 20185,0415,08765.142.93$343,285
Jun 20185,6587,38160.183.08$363,209
May 20187,94410,03565.382.90$548,488
Apr 20187,8559,66763.842.90$529,505
Mar 201813,51316,44661.222.79$873,098
Feb 201817,53120,04061.782.77$1,138,498
Jan 2018050062.874.01$2,005

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                1,397 bbl  × $106.41 =   $148,655
Casinghead gas     1,321 Mcf  × $  3.05 =     $4,024

────────────────────────────────────────────────────
Month total                                 $152,678

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/50044 is the state's own key, not one this site invented.