STATE-JUDGE 48-3 WS V

Operated by CIRCLE-S ENERGY, LLC (P-5 100703) 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 50236District 08Field 71052900OilCasinghead gasSave
Value, all time
$28.1 M
Apr 2018 – May 2026
Value, last 12 filed months
$1.2 M
at the published price for each month
Months reported
98
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
OilDisposition411,311 bbl$25,236,510
Casinghead gasProduction890,194 Mcf$2,871,401
Total$28,107,910

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 31.7523, -103.5031. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.75225, -103.50305 · 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
11,677 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 11,677 ft.

Completions filed
Feb 2019
1 of 1 wells

1 well

42-301337485H11,677 ftFeb 2019

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 (98)

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

98 months

May 20261,1373,263106.413.05$130,927
Apr 20261,2524,57598.932.87$136,989
Mar 20261,8034,97089.753.15$177,472
Feb 20261,5184,55863.503.75$113,487
Jan 20261,3275,74759.138.00$124,430
Dec 20251,4263,03656.664.41$94,196
Nov 20251,3652,67658.593.93$90,483
Oct 20251,2743,87559.383.30$88,456
Sep 20259602,51062.743.08$67,953
Aug 20251,0072,03263.933.01$70,504
Jul 20258231,41066.743.32$59,601
Jun 20251,1681,81866.483.13$83,337
May 20251,1212,53660.553.23$76,074
Apr 20255711,83762.363.54$42,116
Mar 20256161,90367.704.27$49,826
Feb 202513221070.884.34$10,268
Jan 20257937,26574.324.28$90,020
Dec 20241,2694,49068.993.12$101,563
Nov 20241,3024,08369.052.20$98,879
Oct 20241,4763,95071.372.28$114,354
Sep 20241,5219,45469.612.36$128,229
Aug 20241,2294,43175.632.06$102,093
Jul 20241,5786,56979.932.15$140,230
Jun 20241,5637,45678.082.63$141,678
May 20241,6486,75678.812.20$144,732
Apr 20241,3654,62184.451.66$122,941
Mar 20241,3165,27280.301.55$113,821
Feb 20241,5875,71076.091.78$130,939
Jan 20241,8745,64673.023.30$155,458
Dec 20231,8805,75071.262.61$148,980
Nov 20231,7466,83877.892.81$155,194
Oct 20232,0947,29685.443.09$201,436
Sep 20231,9718,32289.042.74$198,259
Aug 20231,8177,25180.522.67$165,686
Jul 20232,1908,30374.852.64$185,856
Jun 20231,4616,37468.962.26$115,146
May 20232,3698,49670.622.23$186,223
Apr 20232,2577,46478.122.24$193,019
Mar 20232,4537,22972.852.39$196,001
Feb 20232,2946,18675.112.47$187,555
Jan 20232,6387,99976.533.39$228,985
Dec 20222,7247,74576.415.73$252,513
Nov 20222,7996,98985.005.65$277,376
Oct 20223,0128,40287.185.86$311,853
Sep 20223,1148,25284.888.16$331,683
Aug 20222,8077,02194.529.13$329,399
Jul 20222,9997,176101.587.54$358,760
Jun 20223,1777,183115.097.98$422,941
May 20223,3627,655109.378.43$432,257
Apr 20223,6217,753104.226.84$430,393
Mar 20223,7548,389108.885.08$451,321
Feb 20223,6798,00591.054.86$373,868
Jan 20224,1469,21581.844.54$381,123
Dec 20214,1577,57771.323.90$326,021
Nov 20214,3298,41977.435.24$379,284
Oct 20214,5879,32879.795.71$419,296
Sep 20214,8059,50369.865.35$386,527
Aug 20215,21910,48966.024.22$388,828
Jul 20215,44310,65470.783.98$427,681
Jun 20215,42810,46269.493.38$412,560
May 20216,04111,79563.483.02$419,076
Apr 20216,25511,78060.362.76$410,046
Mar 20217,17113,32061.302.72$475,772
Feb 20213,7096,75757.805.55$251,868
Jan 20216,34311,97250.412.81$353,395
Dec 20206,68212,17644.642.68$330,861
Nov 20207,72814,34938.772.71$338,451
Oct 20208,21413,62336.972.48$337,435
Sep 20209,20515,88037.091.99$373,031
Aug 202011,19118,48239.982.39$491,498
Jul 202012,69421,48438.371.83$526,280
Jun 2020077334.901.69$1,307
May 20200916.921.81$16
Apr 202099014.751.80$1,460
Mar 20207,99114,41830.341.86$269,210
Feb 20202,2403,61149.881.98$118,883
Jan 20205,90012,80957.252.09$364,607
Dec 20191,1392,81159.012.30$73,690
Nov 20193,4287,10355.302.75$209,107
Oct 201917,94333,06953.472.42$1,039,391
Sep 201918,70635,24355.052.66$1,123,416
Aug 201918,60835,31453.112.30$1,069,647
Jul 201917,43332,91756.272.46$1,061,933
Jun 201919,04034,97252.782.49$1,092,053
May 201923,34947,90558.482.74$1,496,725
Apr 201925,65350,34162.632.75$1,745,120
Mar 201928,15454,46556.803.06$1,765,924
Feb 20192,0422,43250.852.79$110,626
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
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

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                1,137 bbl  × $106.41 =   $120,988
Casinghead gas     3,263 Mcf  × $  3.05 =     $9,939

────────────────────────────────────────────────────
Month total                                 $130,927

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/50236 is the state's own key, not one this site invented.