SEALY RANCH

Operated by HALCON OPERATING CO., INC. (P-5 344412) 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 50245District 08Field 71052900OilCasinghead gasSave
Value, all time
$494.5 M
May 2017 – May 2026
Value, last 12 filed months
$105.5 M
at the published price for each month
Months reported
109
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
OilDisposition6,560,730 bbl$430,200,998
Casinghead gasProduction18,692,177 Mcf$64,296,426
Total$494,497,424

Wells on this lease (40)

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 31.6033, -103.1134. A lease has no coordinate of its own — that point is the mean of its wells, and they span 9.8 miles.

31.61230, -103.11759 · 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
42.5%
17 of 40 wells
With a plug date
0.0%
0 of 40 wells
Median depth
10,878 ft
40 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
1742.5%
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.
2357.5%

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, 40 of 40 wells. Median 10,878 ft, with the middle half between 10,746 and 11,076 ft; the shallowest is 1,347 ft and the deepest 11,796 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, 40 of 40 wells, May 2017 – May 2025. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
May 2017 – May 2025
40 of 40 wells

40 wells

42-475374557201H10,911 ftMay 2025
42-475374567203H10,846 ftMay 2025
42-475387526608H10,793 ftMay 2025
42-475387536607H10,797 ftMay 2025
42-475387276405H10,701 ftApr 2024
42-475387285701H10,658 ftApr 2024
42-495340737307H10,920 ftDec 2023
42-495340747305H10,900 ftDec 2023
42-475375026602H10,862 ftJan 2023Yes
42-475384586304H10,825 ftDec 2022
42-475373507705H10,606 ftOct 2022Yes
42-475373917704H10,903 ftOct 2022Yes
42-475382707706H10,884 ftOct 2022Yes
42-475380268802H11,113 ftMar 2021Yes
42-475380278803H11,063 ftMar 2021Yes
42-475380288706H10,833 ftFeb 2021Yes
42-475380298707H10,842 ftFeb 2021Yes
42-475375077502H11,173 ftFeb 2020Yes
42-475375067501H11,143 ftFeb 2020Yes
42-475377459303H11,357 ftApr 2019
42-475377449302H11,276 ftApr 2019Yes
42-475374997905AH10,596 ftMar 2019
42-475375017805AH10,685 ftMar 2019
42-475374897506H11,137 ftSep 2018Yes
42-475374928705H10,988 ftSep 2018
42-475373538801H10,974 ftSep 2018
42-475372767702H10,722 ftAug 2018
42-475372737701H10,905 ftAug 2018
42-475373709305H11,220 ftJul 2018Yes
42-475373476401H10,815 ftMay 2018
42-475373496402H3,118 ftJan 2018
42-475373135902H10,435 ftJan 2018
42-47537164790111,263 ftJan 2018
42-475372747902H10,962 ftJan 2018Yes
42-475372757903H10,871 ftJan 2018Yes
42-475372777703H4,930 ftDec 2017
42-475372789301H11,250 ftNov 2017Yes
42-49533885690111,796 ftAug 2017
42-49533877692H1,347 ftAug 2017
42-475371887901H10,754 ftMay 2017Yes

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 (109)

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

109 months

May 2026116,156636,121106.413.05$14,297,683
Apr 2026112,958556,09998.932.87$12,770,783
Mar 2026100,291502,88689.753.15$10,584,927
Feb 202698,720470,10063.503.75$8,031,745
Jan 202689,550414,87559.138.00$8,613,229
Dec 202591,471413,91156.664.41$7,009,485
Nov 202584,486366,10658.593.93$6,387,528
Oct 202579,145345,83059.383.30$5,842,543
Sep 202587,765363,28362.743.08$6,624,169
Aug 202590,142365,22063.933.01$6,863,829
Jul 2025112,737436,19566.743.32$8,970,141
Jun 2025120,832455,84666.483.13$9,459,126
May 202588,371362,98260.553.23$6,524,138
Apr 202566,155266,27062.363.54$5,068,852
Mar 202574,596286,99767.704.27$6,275,144
Feb 202563,406229,50570.884.34$5,490,462
Jan 202573,912244,78974.324.28$6,540,514
Dec 202490,838278,28768.993.12$7,135,550
Nov 202491,266262,83569.052.20$6,879,744
Oct 202499,891277,69871.372.28$7,762,761
Sep 202494,513231,05369.612.36$7,125,342
Aug 202490,191221,30175.632.06$7,277,829
Jul 202476,169204,77079.932.15$6,527,745
Jun 202488,326229,10078.082.63$7,499,939
May 202489,239270,29378.812.20$7,627,149
Apr 202466,811221,58384.451.66$6,009,839
Mar 202478,450241,63680.301.55$6,672,894
Feb 202485,004293,18576.091.78$6,990,891
Jan 202462,478244,44073.023.30$5,368,224
Dec 202322,761109,71471.262.61$1,908,381
Nov 202321,956105,89777.892.81$2,007,465
Oct 202324,605115,62085.443.09$2,459,203
Sep 202332,809123,06689.042.74$3,257,904
Aug 202325,275126,53480.522.67$2,373,353
Jul 202333,210129,99874.852.64$2,829,197
Jun 202336,499124,43468.962.26$2,798,003
May 202341,219130,84970.622.23$3,202,339
Apr 202345,222132,90378.122.24$3,830,148
Mar 202350,348127,73872.852.39$3,973,549
Feb 202350,585126,18875.112.47$4,110,579
Jan 202357,595143,03976.533.39$4,892,321
Dec 202234,669115,10676.415.73$3,308,510
Nov 202228,101101,72785.005.65$2,962,956
Oct 202224,72793,24187.185.86$2,702,443
Sep 202224,909103,99284.888.16$2,963,233
Aug 202233,022130,99194.529.13$4,316,815
Jul 202235,729134,167101.587.54$4,641,250
Jun 202255,510231,983115.097.98$8,239,221
May 202230,606112,493109.378.43$4,296,036
Apr 202236,770144,302104.226.84$4,818,849
Mar 202238,906149,222108.885.08$4,993,596
Feb 202238,755131,72791.054.86$4,168,683
Jan 202242,307146,27381.844.54$4,126,145
Dec 202148,443156,17671.323.90$4,063,904
Nov 202143,325135,48277.435.24$4,064,154
Oct 202145,975138,47979.795.71$4,459,596
Sep 202146,696136,61769.865.35$3,993,209
Aug 202144,705121,48666.024.22$3,464,167
Jul 202151,574136,07670.783.98$4,192,273
Jun 202143,285112,35769.493.38$3,387,711
May 202134,32876,70463.483.02$2,410,609
Apr 202136,75893,32260.362.76$2,476,134
Mar 202128,07880,00161.302.72$1,938,539
Feb 202116,40844,24757.805.55$1,193,863
Jan 202140,190101,18250.412.81$2,310,327
Dec 202048,766112,71244.642.68$2,478,471
Nov 202058,432170,73938.772.71$2,727,526
Oct 202057,503176,88636.972.48$2,564,285
Sep 202056,460124,21037.091.99$2,341,408
Aug 202055,442130,73639.982.39$2,528,390
Jul 202045,279132,15038.371.83$1,978,545
Jun 202050,530106,41134.901.69$1,943,365
May 202045,14091,75716.921.81$930,285
Apr 202054,117105,59814.751.80$988,765
Mar 202057,550122,48630.341.86$1,973,429
Feb 202077,461141,53649.881.98$4,144,091
Jan 202084,609165,23157.252.09$5,189,981
Dec 201978,971167,20859.012.30$5,045,386
Nov 201989,424170,30955.302.75$5,413,616
Oct 201987,826163,31453.472.42$5,091,038
Sep 201992,987154,32555.052.66$5,529,019
Aug 201991,147151,22953.112.30$5,189,303
Jul 2019114,920177,48756.272.46$6,903,177
Jun 2019103,875146,44552.782.49$5,847,346
May 201973,103103,93058.482.74$4,559,865
Apr 2019128,686197,55362.632.75$8,603,013
Mar 201980,272133,24256.803.06$4,967,450
Feb 201959,913112,85650.852.79$3,361,695
Jan 2019107,507185,32746.033.23$5,546,816
Dec 2018118,705184,42746.594.19$6,302,374
Nov 2018132,938187,13652.934.24$7,829,348
Oct 2018150,312228,98361.443.40$10,013,272
Sep 2018124,035143,72859.543.11$7,831,751
Aug 2018124,432174,72959.403.07$7,927,078
Jul 201871,02775,49965.142.93$4,848,053
Jun 20187,33911,02660.183.08$475,587
May 201821,51728,99365.382.90$1,490,884
Apr 201840,21237,97063.842.90$2,677,277
Mar 201844,00635,48861.222.79$2,792,947
Feb 201816,01116,79461.782.77$1,035,614
Jan 20183665,04462.874.01$43,233
Dec 20171811,06857.272.92$13,486
Nov 201701,08655.423.12$3,387
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$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              116,156 bbl  × $106.41 = $12,360,160
Casinghead gas   636,121 Mcf  × $  3.05 = $1,937,523

────────────────────────────────────────────────────
Month total                              $14,297,683

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/50245 is the state's own key, not one this site invented.