REV GF STATE T7 50

Operated by CHEVRON U. S. A. INC. (P-5 148113) 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 50122District 08Field 71052900OilCasinghead gasSave
Value, all time
$530.6 M
Mar 2018 – May 2026
Value, last 12 filed months
$40.1 M
at the published price for each month
Months reported
99
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
OilDisposition6,634,869 bbl$482,791,163
Casinghead gasProduction12,656,044 Mcf$47,845,662
Total$530,636,824

Wells on this lease (23)

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 31.1997, -103.3315. A lease has no coordinate of its own — that point is the mean of its wells, and they span 3.0 miles.

31.19317, -103.33012 · 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 23 wells
With a plug date
0.0%
0 of 23 wells
Median depth
10,492 ft
23 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.
23100.0%

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, 23 of 23 wells. Median 10,492 ft, with the middle half between 10,456 and 10,532 ft; the shallowest is 10,236 ft and the deepest 10,579 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
20s

Last completion by decade, 23 of 23 wells, Sep 2018 – Mar 2022. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Sep 2018 – Mar 2022
23 of 23 wells

23 wells

42-38938778449H10,270 ftMar 2022
42-38938781445H10,469 ftMar 2022
42-38938780444H10,488 ftMar 2022
42-38938777446H10,459 ftMar 2022
42-38938914458H10,322 ftMar 2022
42-38938920459H10,322 ftMar 2022
42-38936406451H10,496 ftMar 2022
42-38936407452H10,419 ftMar 2022
42-38936408453H10,517 ftMar 2022
42-389387824410H10,236 ftFeb 2022
42-38938282456H10,552 ftFeb 2022
42-38938284457H10,548 ftJan 2022
42-38938300454H10,545 ftJan 2022
42-38938278455H10,552 ftDec 2021
42-38936409461H10,492 ftFeb 2019
42-38936410462H10,576 ftFeb 2019
42-38936411463H10,486 ftFeb 2019
42-38936574464H10,475 ftJan 2019
42-38936575465H10,509 ftJan 2019
42-38936577466H10,518 ftJan 2019
42-389362701H10,452 ftOct 2018
42-389362712H10,579 ftSep 2018
42-389362793H10,497 ftSep 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 (99)

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

99 months

May 202646,230174,598106.413.05$5,451,132
Apr 202643,403154,37998.932.87$4,736,883
Mar 202638,827171,71189.753.15$4,025,517
Feb 202632,412152,65563.503.75$2,630,667
Jan 202631,171182,44259.138.00$3,302,298
Dec 202539,335193,08056.664.41$3,080,853
Nov 202535,730198,19558.593.93$2,871,621
Oct 202536,338169,71659.383.30$2,718,635
Sep 202526,859107,90462.743.08$2,017,146
Aug 202531,39452,39463.933.01$2,164,974
Jul 202541,657242,01066.743.32$3,582,500
Jun 202543,913185,51066.483.13$3,499,745
May 202544,51660,75660.553.23$2,891,827
Apr 202551,103121,94662.363.54$3,618,852
Mar 202558,975124,30967.704.27$4,523,198
Feb 202549,799214,16370.884.34$4,459,400
Jan 202555,699228,20274.324.28$5,115,953
Dec 202460,821179,44768.993.12$4,756,161
Nov 202459,332264,78069.052.20$4,678,978
Oct 202458,809178,84471.372.28$4,605,213
Sep 202448,875241,04169.612.36$3,972,096
Aug 202452,761155,95575.632.06$4,312,148
Jul 202450,296173,53979.932.15$4,392,676
Jun 202435,790181,89478.082.63$3,273,588
May 202452,565155,39378.812.20$4,484,270
Apr 202455,911157,69584.451.66$4,983,331
Mar 202451,115149,47280.301.55$4,335,488
Feb 202456,413154,54376.091.78$4,568,114
Jan 202469,128113,55873.023.30$5,422,202
Dec 202365,865137,47071.262.61$5,052,436
Nov 202356,113136,15777.892.81$4,752,911
Oct 202358,819184,81585.443.09$5,596,071
Sep 202360,218108,88689.042.74$5,659,618
Aug 202354,981107,38480.522.67$4,714,095
Jul 202357,421104,77774.852.64$4,574,762
Jun 202364,256158,46368.962.26$4,788,979
May 202355,875140,47870.622.23$4,258,793
Apr 202356,27193,29778.122.24$4,604,667
Mar 202363,034114,92272.852.39$4,867,054
Feb 202375,429116,31075.112.47$5,952,255
Jan 202397,059159,45376.533.39$7,968,107
Dec 202299,371144,23576.415.73$8,419,272
Nov 2022104,018150,25285.005.65$9,689,883
Oct 2022121,874150,32987.185.86$11,506,469
Sep 2022125,531172,95684.888.16$12,067,029
Aug 2022144,009217,41494.529.13$15,596,103
Jul 2022181,207256,411101.587.54$20,340,879
Jun 2022207,390277,772115.097.98$26,084,358
May 2022243,734326,239109.378.43$29,408,374
Apr 2022222,686273,987104.226.84$25,081,748
Mar 2022287,753315,467108.885.08$32,931,983
Feb 202274,54899,89991.054.86$7,272,989
Jan 202257,63676,64881.844.54$5,064,734
Dec 202140,21573,03071.323.90$3,152,887
Nov 202129,80856,59477.435.24$2,604,408
Oct 202141,22384,42279.795.71$3,771,560
Sep 202138,64180,72969.865.35$3,131,435
Aug 202140,32577,62666.024.22$2,989,884
Jul 202145,38688,21270.783.98$3,563,688
Jun 202140,81882,15269.493.38$3,114,168
May 202136,32472,07463.483.02$2,523,343
Apr 202136,85082,62360.362.76$2,452,175
Mar 202147,79678,02561.302.72$3,141,884
Feb 202129,66349,57757.805.55$1,989,572
Jan 202144,61477,67350.412.81$2,467,274
Dec 202048,13781,37244.642.68$2,366,543
Nov 202049,12079,70138.772.71$2,120,099
Oct 202048,92698,17336.972.48$2,052,109
Sep 202048,34580,71837.091.99$1,953,829
Aug 202053,30982,90639.982.39$2,329,033
Jul 202054,46180,97238.371.83$2,237,452
Jun 202050,36276,00734.901.69$1,886,109
May 202060,75091,67816.921.81$1,194,263
Apr 202062,46885,31914.751.80$1,075,351
Mar 202064,73086,65530.341.86$2,124,760
Feb 202064,47984,75949.881.98$3,384,092
Jan 202076,83698,47457.252.09$4,605,138
Dec 201981,196108,89159.012.30$5,042,300
Nov 201977,882108,62155.302.75$4,605,658
Oct 201984,980117,57253.472.42$4,828,233
Sep 201988,919113,43755.052.66$5,196,425
Aug 201990,974116,06553.112.30$5,099,085
Jul 2019102,418126,75756.272.46$6,074,891
Jun 2019109,656130,05652.782.49$6,111,639
May 2019135,458161,25058.482.74$8,363,460
Apr 2019153,124181,18562.632.75$10,088,542
Mar 2019188,840212,56456.803.06$11,377,004
Feb 2019117,703142,14350.852.79$6,382,092
Jan 201980,402103,43546.033.23$4,034,811
Dec 201850,14078,60246.594.19$2,665,007
Nov 201859,64378,38652.934.24$3,489,044
Oct 201865,67383,45761.443.40$4,318,543
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$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               46,230 bbl  × $106.41 = $4,919,334
Casinghead gas   174,598 Mcf  × $  3.05 =   $531,798

────────────────────────────────────────────────────
Month total                               $5,451,132

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/50122 is the state's own key, not one this site invented.