STATE-JUDGE 48-3 WS III

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 50256District 08Field 71052900OilCasinghead gasSave
Value, all time
$24.5 M
May 2018 – May 2026
Value, last 12 filed months
$1.1 M
at the published price for each month
Months reported
97
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
OilDisposition360,134 bbl$22,118,441
Casinghead gasProduction722,177 Mcf$2,360,981
Total$24,479,422

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, -103.5085. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.75234, -103.50855 · 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
11,615 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 11,615 ft.

Completions filed
Jan 2019
1 of 1 wells

1 well

42-301337423H11,615 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 (97)

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

97 months

May 20268062,610106.413.05$93,716
Apr 20269453,99798.932.87$104,959
Mar 20261,0113,76989.753.15$102,607
Feb 20261,0384,19063.503.75$81,627
Jan 20261,3395,60259.138.00$123,979
Dec 20251,2304,24656.664.41$88,431
Nov 20251,3314,01358.593.93$93,740
Oct 20251,5525,17059.383.30$109,244
Sep 20251,2303,95262.743.08$89,330
Aug 20258462,58263.933.01$61,869
Jul 20257461,43066.743.32$54,529
Jun 20258981,74366.483.13$65,152
May 20258921,99060.553.23$60,443
Apr 20259452,31162.363.54$67,118
Mar 20252,5942,60267.704.27$186,720
Feb 20250070.884.34$0
Jan 20256971,72374.324.28$59,173
Dec 20241,4084,45468.993.12$111,041
Nov 20241,2803,73169.052.20$96,586
Oct 20241,3993,91871.372.28$108,785
Sep 20241,4967,33169.612.36$121,470
Aug 20241,1453,55975.632.06$93,941
Jul 20241,5745,10179.932.15$136,760
Jun 20241,4995,48778.082.63$131,495
May 20241,6075,13578.812.20$137,937
Apr 20241,2973,26784.451.66$114,952
Mar 20241,0392,26580.301.55$86,931
Feb 20241,2913,11076.091.78$103,779
Jan 20241,5573,65673.023.30$125,748
Dec 20231,5973,29671.262.61$122,407
Nov 20231,9023,49777.892.81$157,965
Oct 20231,6083,57785.443.09$148,431
Sep 20231,6103,34289.042.74$152,495
Aug 20231,3243,69980.522.67$116,495
Jul 20231,9685,89074.852.64$162,865
Jun 20231,2953,82768.962.26$97,946
May 20232,1266,14770.622.23$163,830
Apr 20232,0235,45778.122.24$170,248
Mar 20232,1965,16572.852.39$172,339
Feb 20232,0324,60675.112.47$163,980
Jan 20232,2735,61376.533.39$192,968
Dec 20222,2625,18976.415.73$202,568
Nov 20222,3814,84985.005.65$229,763
Oct 20222,5315,86587.185.86$255,044
Sep 20222,7006,03284.888.16$278,419
Aug 20222,5049,24094.529.13$321,013
Jul 20222,6436,106101.587.54$314,528
Jun 20222,7365,926115.097.98$362,159
May 20222,9416,432109.378.43$375,898
Apr 20223,1536,665104.226.84$374,178
Mar 20223,2006,827108.885.08$383,073
Feb 20223,0737,45491.054.86$316,014
Jan 20223,3677,38081.844.54$309,043
Dec 20213,5246,05071.323.90$274,921
Nov 20213,6036,73377.435.24$314,240
Oct 20213,8277,52179.795.71$348,330
Sep 20213,8797,63769.865.35$311,852
Aug 20214,2328,30066.024.22$314,428
Jul 20214,4028,44170.783.98$345,186
Jun 20214,4558,37769.493.38$337,897
May 20214,9179,25863.483.02$340,069
Apr 20215,2099,39660.362.76$340,333
Mar 20215,88510,78761.302.72$390,058
Feb 20213,2585,89157.805.55$220,995
Jan 20215,0518,63050.412.81$278,874
Dec 20205,8419,70944.642.68$286,718
Nov 20206,79911,56138.772.71$294,888
Oct 20207,17610,82336.972.48$292,121
Sep 20207,66511,51637.091.99$307,224
Aug 20209,94115,69839.982.39$434,882
Jul 20206,43410,17438.371.83$265,441
Jun 20200034.901.69$0
May 20200916.921.81$16
Apr 202087014.751.80$1,283
Mar 20207,00411,31930.341.86$233,512
Feb 20202,2243,53149.881.98$117,927
Jan 20201,0031,86857.252.09$61,335
Dec 201980059.012.30$4,721
Nov 20193,9977,83755.302.75$242,591
Oct 201916,98829,93653.472.42$980,750
Sep 201919,45834,42755.052.66$1,162,645
Aug 201920,02836,16253.112.30$1,147,017
Jul 201918,38034,14956.272.46$1,118,251
Jun 201919,00334,94052.782.49$1,090,021
May 201922,76045,45558.482.74$1,455,566
Apr 201926,95152,31362.632.75$1,831,839
Mar 201914,44124,97956.803.06$896,737
Feb 201937050.852.79$1,881
Jan 20191,4583,72546.033.23$79,137
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

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                  806 bbl  × $106.41 =    $85,766
Casinghead gas     2,610 Mcf  × $  3.05 =     $7,950

────────────────────────────────────────────────────
Month total                                  $93,716

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/50256 is the state's own key, not one this site invented.