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UL MONTGOMERY 1003-21

Operated by WPX ENERGY PERMIAN, LLC (P-5 942623) 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 50523District 08Field 71052900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$134.0 M
Mar 2018 – May 2026
Value, last 12 filed months
$26.3 M
at the published price for each month
Months reported
99
no gaps in the span
Streams
2
oil, casinghead gas

The PHANTOM (WOLFCAMP) field

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
OilDisposition1,844,298 bbl$126,729,735
Casinghead gasProduction2,285,974 Mcf$7,276,514
Total$134,006,249

Wells on this lease (6)

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 31.7747, -103.2285. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.5 miles.

31.76859, -103.22823 · 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 6 wells
With a plug date
0.0%
0 of 6 wells
Median depth
11,622 ft
6 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.
6100.0%

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 11,309 and 11,784 ft, median 11,622 ft, over the 6 wells that filed a depth.

Completions filed
Mar 2018 – Sep 2024
6 of 6 wells

6 wells

42-49534903421H11,751 ftSep 2024——
42-49534902412H11,784 ftAug 2024——
42-49534906414H11,309 ftAug 2024——
42-49534905422H11,384 ftAug 2024——
42-49534904413H11,529 ftAug 2024——
42-495340281H11,715 ftMar 2018——

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 (99)

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

99 months

May 202631,37539,208106.413.05$3,458,035
Apr 202622,09624,57698.932.87$2,256,484
Mar 202620,47124,61489.753.15$1,914,793
Feb 202624,37429,41063.503.75$1,658,046
Jan 202627,53833,03359.138.00$1,892,517
Dec 202528,98336,66356.664.41$1,803,984
Nov 202530,20839,11458.593.93$1,923,465
Oct 202533,11743,71659.383.30$2,110,962
Sep 202533,09942,69562.743.08$2,208,000
Aug 202533,86146,56463.933.01$2,305,113
Jul 202533,36143,76366.743.32$2,371,596
Jun 202533,76540,36966.483.13$2,371,001
May 202536,02554,45060.553.23$2,357,314
Apr 202539,17455,30962.363.54$2,638,857
Mar 202544,15753,24367.704.27$3,216,687
Feb 202544,16755,37170.884.34$3,370,914
Jan 202552,43763,00774.324.28$4,166,705
Dec 202455,61867,74968.993.12$4,048,556
Nov 202461,05270,79269.052.20$4,371,273
Oct 202469,95880,06171.372.28$5,175,554
Sep 202475,63387,49569.612.36$5,471,683
Aug 202460,26263,12475.632.06$4,687,880
Jul 202464,37668,31279.932.15$5,292,212
Jun 202482,62285,85578.082.63$6,677,266
May 2024119,335113,66078.812.20$9,654,666
Apr 202463,53762,82484.451.66$5,469,937
Mar 202423080.301.55$1,847
Feb 20243,2574,88776.091.78$256,542
Jan 20244,9417,34873.023.30$385,023
Dec 20235,0067,33971.262.61$375,888
Nov 20233,7085,96177.892.81$305,552
Oct 20234,7357,50385.443.09$427,722
Sep 20234,5627,04189.042.74$425,458
Aug 20235,1078,26180.522.67$433,296
Jul 20235,1738,25674.852.64$409,010
Jun 20234,9867,67768.962.26$361,173
May 20234,4536,63170.622.23$329,241
Apr 20234,8327,68478.122.24$394,671
Mar 20235,3747,74172.852.39$410,021
Feb 20234,6977,32475.112.47$370,850
Jan 20235,2138,13776.533.39$426,517
Dec 20225,4818,15376.415.73$465,512
Nov 20225,1257,89985.005.65$480,224
Oct 20225,3668,19187.185.86$515,838
Sep 20225,3178,02884.888.16$516,845
Aug 20225,5908,33294.529.13$604,414
Jul 20225,5958,740101.587.54$634,258
Jun 20225,7668,299115.097.98$729,812
May 20225,7008,975109.378.43$699,096
Apr 20225,8688,898104.226.84$672,404
Mar 20225,8329,129108.885.08$681,331
Feb 20225,5768,44691.054.86$548,733
Jan 20227,79310,74381.844.54$686,527
Dec 20211,8523,87971.323.90$147,209
Nov 20216,05110,48977.435.24$523,458
Oct 20216,51412,15679.795.71$589,210
Sep 20216,28910,70969.865.35$496,653
Aug 20216,93612,41166.024.22$510,296
Jul 20216,89210,64470.783.98$530,201
Jun 20216,61010,50269.493.38$494,832
May 20217,30812,79963.483.02$502,535
Apr 20217,04312,80960.362.76$460,448
Mar 20217,84012,41461.302.72$514,320
Feb 20215,8439,69557.805.55$391,513
Jan 20217,87114,15550.412.81$436,556
Dec 20207,92414,41844.642.68$392,302
Nov 20207,81713,07938.772.71$338,464
Oct 20208,45611,81936.972.48$341,911
Sep 20208,45812,16537.091.99$337,928
Aug 20206,3068,91539.982.39$273,377
Jul 20203,2384,84638.371.83$133,087
Jun 20207,44710,80234.901.69$278,159
May 20208,13811,78716.921.81$159,085
Apr 20208,13411,92114.751.80$141,487
Mar 20209,06713,06530.341.86$299,344
Feb 20208,42412,40949.881.98$444,767
Jan 20209,39513,84057.252.09$566,855
Dec 20199,76114,57959.012.30$609,592
Nov 201910,07415,04155.302.75$598,465
Oct 201910,08915,43253.472.42$576,782
Sep 201911,27715,69955.052.66$662,515
Aug 201911,50216,45453.112.30$648,787
Jul 201914,23419,53056.272.46$848,992
Jun 201915,74622,24052.782.49$886,478
May 201920,05128,14758.482.74$1,249,714
Apr 201910,20713,26262.632.75$675,744
Mar 201916,21922,19356.803.06$989,196
Feb 201916,81221,14650.852.79$913,934
Jan 201918,08921,01646.033.23$900,480
Dec 201819,30523,03746.594.19$995,840
Nov 201814,04516,75352.934.24$814,388
Oct 201836649061.443.40$24,152
Sep 201823,60524,91559.543.11$1,482,878
Aug 201818,31016,53659.403.07$1,138,323
Jul 201820,58418,26865.142.93$1,394,401
Jun 201820,10622,20960.183.08$1,278,314
May 201822,70021,77465.382.90$1,547,288
Apr 201815,68614,88363.842.90$1,044,567
Mar 201804261.222.79$117

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               31,375 bbl  × $106.41 = $3,338,614
Casinghead gas    39,208 Mcf  × $  3.05 =   $119,421

────────────────────────────────────────────────────
Month total                               $3,458,035

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/50523 is the state's own key, not one this site invented.