GREAT WHITE

Operated by CONOCOPHILLIPS COMPANY (P-5 172232) in the FORD, WEST (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 50277District 08Field 31913800OilCasinghead gasSave
Value, all time
$49.4 M
Feb 2018 – Jun 2022
Value, last 12 filed months
$3.0 M
at the published price for each month
Months reported
53
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
OilDisposition688,093 bbl$39,960,571
Casinghead gasProduction3,019,415 Mcf$9,428,891
Total$49,389,462

Wells on this lease (2)

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 31.9261, -104.1027. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

31.92615, -104.10271 · 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
100.0%
2 of 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
9,370 ft
2 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
2100.0%
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.
00.0%

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

Between 9,368 and 9,372 ft, median 9,370 ft, over the 2 wells that filed a depth.

Completions filed
Feb 2018 – Dec 2019
2 of 2 wells

2 wells

42-109329998H9,368 ftDec 2019Yes
42-109330046H9,372 ftFeb 2018Yes

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 (53)

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

53 months

Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20224414,38781.844.54$55,998
Dec 20213203,31971.323.90$35,764
Nov 20212,85637,57377.435.24$417,904
Oct 20214,30142,69079.795.71$587,102
Sep 20214,93243,26669.865.35$576,062
Aug 20217,69153,01766.024.22$731,523
Jul 20216,98736,18370.783.98$638,623
Jun 20213,16122,35769.493.38$295,238
May 20216,48637,63263.483.02$525,292
Apr 20217,05637,04160.362.76$528,075
Mar 20214,92625,25461.302.72$370,577
Feb 20217,28436,18257.805.55$621,751
Jan 20212,97512,96250.412.81$186,396
Dec 20203661,33844.642.68$19,918
Nov 2020249638.772.71$1,190
Oct 20200236.972.48$5
Sep 20206037.091.99$223
Aug 20201,3356,27639.982.39$68,342
Jul 20203,28617,07338.371.83$157,244
Jun 20201,2008,71034.901.69$56,603
May 20204,73336,83016.921.81$146,920
Apr 20203,91029,20514.751.80$110,369
Mar 20206,73750,24230.341.86$297,661
Feb 20205,84437,04649.881.98$364,875
Jan 20208,42142,07157.252.09$570,230
Dec 20193,34720,76759.012.30$245,361
Nov 20198,78855,01855.302.75$637,314
Oct 20198,81449,97953.472.42$592,161
Sep 20195,75333,09455.052.66$404,643
Aug 20199,71656,85953.112.30$647,040
Jul 201912,40974,46856.272.46$881,450
Jun 201910,53756,98652.782.49$698,106
May 201917,76889,30558.482.74$1,283,797
Apr 201916,33883,29962.632.75$1,252,380
Mar 201924,681118,14056.803.06$1,763,637
Feb 201925,289114,00550.852.79$1,604,273
Jan 201931,261146,47446.033.23$1,911,788
Dec 201833,216137,88546.594.19$2,124,643
Nov 201829,875107,76352.934.24$2,037,901
Oct 201840,196160,09261.443.40$3,013,648
Sep 201843,907174,61059.543.11$3,156,911
Aug 201834,494129,11459.403.07$2,444,879
Jul 201842,745157,50565.142.93$3,246,195
Jun 201841,019142,41260.183.08$2,906,714
May 201860,135196,37765.382.90$4,501,277
Apr 201861,101198,84263.842.90$4,477,489
Mar 201824,42673,20161.222.79$1,699,359
Feb 20187,00022,46861.782.77$494,609

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.

Jan 2022 — as filed, then multipliedworked
Oil                  441 bbl  × $ 81.84 =    $36,091
Casinghead gas     4,387 Mcf  × $  4.54 =    $19,907

────────────────────────────────────────────────────
Month total                                  $55,998

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/50277 is the state's own key, not one this site invented.