STATE-JUDGE 48-3 WS

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 50255District 08Field 71052900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$50.4 M
Jun 2018 – May 2026
Value, last 12 filed months
$1.8 M
at the published price for each month
Months reported
96
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition741,376 bbl$45,387,833
Casinghead gasProduction1,545,230 Mcf$4,979,636
Total$50,367,468

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 31.7521, -103.5125. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.75212, -103.51249 · 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
11,604 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 11,604 ft.

Completions filed
Jan 2019
1 of 1 wells

1 well

42-301337391H11,604 ftJan 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 (96)

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

96 months

May 20261,5143,561106.413.05$171,951
Apr 20261,8084,43198.932.87$191,581
Mar 20261,9865,16589.753.15$194,510
Feb 20262,0506,28663.503.75$153,750
Jan 20261,4526,84859.138.00$140,627
Dec 20257224,11256.664.41$59,056
Nov 20259253,13358.593.93$66,497
Oct 20252,8327,21659.383.30$192,012
Sep 20252,7167,31462.743.08$192,906
Aug 20252,3436,61563.933.01$169,731
Jul 20252,0713,60566.743.32$150,170
Jun 20251,7194,26566.483.13$127,623
May 20252,7124,43060.553.23$178,531
Apr 20255861,19562.363.54$40,777
Mar 20255827767.704.27$5,109
Feb 20250070.884.34$0
Jan 20251,0651,11874.324.28$83,934
Dec 20242,8365,21568.993.12$211,934
Nov 20242,8825,90369.052.20$211,979
Oct 20243,28513,50671.372.28$265,263
Sep 20243,5036,28669.612.36$258,706
Aug 20242,6135,74475.632.06$209,475
Jul 20243,5158,83179.932.15$299,910
Jun 20243,4499,59278.082.63$294,563
May 20243,7009,43878.812.20$312,346
Apr 20242,5105,37184.451.66$220,881
Mar 20242,2935,29980.301.55$192,316
Feb 20243,0216,80976.091.78$242,013
Jan 20243,7567,75073.023.30$299,820
Dec 20233,8678,28071.262.61$297,179
Nov 20233,1067,19877.892.81$262,135
Oct 20233,8518,02385.443.09$353,799
Sep 20233,6266,71689.042.74$341,228
Aug 20233,5147,14580.522.67$302,045
Jul 20234,35210,49574.852.64$353,473
Jun 20233,0508,25568.962.26$228,972
May 20233,94011,51970.622.23$303,900
Apr 20233,99410,86978.122.24$336,333
Mar 20234,2789,18972.852.39$333,643
Feb 20233,9918,19375.112.47$319,965
Jan 20234,4339,45176.533.39$371,275
Dec 20224,5269,20976.415.73$398,591
Nov 20224,84310,05285.005.65$468,411
Oct 20225,63712,44387.185.86$564,396
Sep 20225,65112,83984.888.16$584,470
Aug 20225,21012,38194.529.13$605,453
Jul 20225,60912,648101.587.54$665,154
Jun 20225,96814,725115.097.98$804,321
May 20226,62714,442109.378.43$846,585
Apr 20226,56314,284104.226.84$781,664
Mar 20226,74615,416108.885.08$812,762
Feb 20226,61814,33091.054.86$672,196
Jan 20227,34215,63081.844.54$671,793
Dec 20217,60114,10671.323.90$597,104
Nov 20217,69715,74177.435.24$678,412
Oct 20218,35417,55379.795.71$766,861
Sep 20218,46118,14969.865.35$688,199
Aug 20218,55319,08066.024.22$645,198
Jul 20219,38719,34670.783.98$741,449
Jun 20217,63615,15969.493.38$581,872
May 20218,46417,86363.483.02$591,199
Apr 20219,40318,97960.362.76$619,917
Mar 202110,80721,26761.302.72$720,250
Feb 20218,26415,74757.805.55$565,023
Jan 202112,63924,64250.412.81$706,383
Dec 202013,33624,77044.642.68$661,590
Nov 202014,10926,32338.772.71$618,251
Oct 202014,31924,08736.972.48$589,071
Sep 202016,26129,97637.091.99$662,804
Aug 202018,25234,01839.982.39$810,851
Jul 202018,25732,98438.371.83$760,721
Jun 202001,10934.901.69$1,875
May 20200916.921.81$16
Apr 2020142014.751.80$2,095
Mar 202011,50821,45130.341.86$388,971
Feb 20205,47110,21749.881.98$293,130
Jan 20200057.252.09$0
Dec 2019544059.012.30$32,101
Nov 201926,20861,03455.302.75$1,617,189
Oct 201933,03363,13453.472.42$1,918,967
Sep 201934,96168,58255.052.66$2,106,845
Aug 201936,91175,23753.112.30$2,133,716
Jul 201927,59055,91156.272.46$1,690,034
Jun 201935,14070,99452.782.49$2,031,549
May 201939,06486,19458.482.74$2,520,662
Apr 201938,28179,87862.632.75$2,617,259
Mar 201942,15786,74056.803.06$2,660,124
Feb 201926,48450,12550.852.79$1,486,671
Jan 20198181,77846.033.23$43,392
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

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                1,514 bbl  × $106.41 =   $161,105
Casinghead gas     3,561 Mcf  × $  3.05 =    $10,846

────────────────────────────────────────────────────
Month total                                 $171,951

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/50255 is the state's own key, not one this site invented.