JUDGE 3

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 50731District 08Field 71052900OilCasinghead gasSave
Value, all time
$146.7 M
Sep 2018 – May 2026
Value, last 12 filed months
$9.0 M
at the published price for each month
Months reported
93
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
OilDisposition2,007,841 bbl$127,533,711
Casinghead gasProduction5,549,708 Mcf$19,195,254
Total$146,728,965

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 31.7613, -103.5132. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.0 miles.

31.75906, -103.50972 · 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
11,581 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 11,401 and 12,301 ft, median 11,581 ft, over the 6 wells that filed a depth.

Completions filed
Mar 2019 – Dec 2022
6 of 6 wells

6 wells

42-30136050W 21H12,301 ftDec 2022
42-30134606W 11HS11,402 ftFeb 2020
42-30134827W 12HR11,401 ftJan 2020
42-30133873W 1HN11,547 ftMar 2019
42-30133875W 2HN11,615 ftMar 2019
42-30134112W 8HN11,617 ftMar 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 (93)

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

93 months

May 20267,28752,696106.413.05$935,913
Apr 20267,59944,01298.932.87$878,071
Mar 20267,96550,19889.753.15$872,954
Feb 20267,33438,34963.503.75$609,530
Jan 20269,50247,97759.138.00$945,569
Dec 20258,24449,06756.664.41$683,655
Nov 20258,76247,52558.593.93$699,970
Oct 20258,38346,32859.383.30$650,889
Sep 20257,93546,74662.743.08$641,676
Aug 20257,94446,23263.933.01$647,238
Jul 20258,40548,30266.743.32$721,080
Jun 20258,89145,38366.483.13$733,064
May 202510,00843,30460.553.23$745,957
Apr 20258,88233,47562.363.54$672,487
Mar 202510,19733,16167.704.27$831,879
Feb 202510,95922,41970.884.34$874,091
Jan 202512,52144,73174.324.28$1,121,950
Dec 202415,14880,26268.993.12$1,295,588
Nov 202415,16976,70969.052.20$1,216,060
Oct 202412,01861,27971.372.28$997,527
Sep 202411,15450,92169.612.36$896,826
Aug 20249,29536,82875.632.06$778,980
Jul 202414,39669,77979.932.15$1,300,459
Jun 202414,67761,95778.082.63$1,309,174
May 202414,72655,10478.812.20$1,281,699
Apr 202412,75250,95984.451.66$1,161,458
Mar 202412,89251,69180.301.55$1,115,097
Feb 202415,58272,81576.091.78$1,315,510
Jan 202416,79375,94873.023.30$1,476,676
Dec 202318,28464,02271.262.61$1,470,061
Nov 202313,82148,35177.892.81$1,212,266
Oct 202318,26466,86285.443.09$1,766,898
Sep 202318,00565,31389.042.74$1,781,799
Aug 202316,83161,33980.522.67$1,519,184
Jul 202319,13565,00574.852.64$1,603,985
Jun 202319,35865,25268.962.26$1,482,298
May 202320,72581,16170.622.23$1,644,378
Apr 202320,44969,33978.122.24$1,752,640
Mar 202319,42262,40072.852.39$1,564,226
Feb 202319,16669,03675.112.47$1,609,779
Jan 202321,58462,40776.533.39$1,863,241
Dec 202211,76040,32876.415.73$1,129,624
Nov 202216,12354,02385.005.65$1,675,480
Oct 202216,98868,59587.185.86$1,883,238
Sep 202218,30265,25784.888.16$2,086,211
Aug 202217,88962,17594.529.13$2,258,349
Jul 202219,49469,154101.587.54$2,501,766
Jun 202219,58270,646115.097.98$2,817,250
May 202220,63673,195109.378.43$2,874,216
Apr 202221,33970,089104.226.84$2,703,191
Mar 202221,80271,500108.885.08$2,736,764
Feb 202221,57466,26391.054.86$2,286,274
Jan 202223,60577,75381.844.54$2,284,651
Dec 202124,93370,20771.323.90$2,051,967
Nov 202124,89864,80177.435.24$2,267,205
Oct 202126,46269,59979.795.71$2,509,083
Sep 202126,34068,51669.865.35$2,206,736
Aug 202129,77074,52566.024.22$2,279,955
Jul 202132,35078,07770.783.98$2,600,642
Jun 202133,84367,82269.493.38$2,581,030
May 202138,31482,22963.483.02$2,680,313
Apr 202136,19780,86160.362.76$2,407,900
Mar 202139,72083,52361.302.72$2,661,763
Feb 202130,71765,30657.805.55$2,137,757
Jan 202146,23296,24150.412.81$2,601,018
Dec 202046,20091,64444.642.68$2,307,558
Nov 202043,66492,96638.772.71$1,944,472
Oct 202046,53889,92336.972.48$1,943,378
Sep 202047,25396,97337.091.99$1,945,691
Aug 202053,29792,73539.982.39$2,351,996
Jul 202060,612112,91738.371.83$2,531,770
Jun 202025,71556,96034.901.69$993,734
May 20200016.921.81$0
Apr 202019,05629,89314.751.80$335,014
Mar 202047,48680,59630.341.86$1,590,330
Feb 202031,01655,98649.881.98$1,657,968
Jan 20207,2983,63057.252.09$425,414
Dec 201918,27021,93659.012.30$1,128,661
Nov 201936,81976,48255.302.75$2,246,470
Oct 201950,46797,10753.472.42$2,933,328
Sep 201936,07161,06955.052.66$2,147,986
Aug 201943,70875,24753.112.30$2,494,728
Jul 201949,98693,47756.272.46$3,042,671
Jun 201951,00989,91452.782.49$2,916,249
May 201963,438131,49058.482.74$4,070,179
Apr 201970,604141,08462.632.75$4,810,008
Mar 201902,35056.803.06$7,196
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$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                7,287 bbl  × $106.41 =   $775,410
Casinghead gas    52,696 Mcf  × $  3.05 =   $160,504

────────────────────────────────────────────────────
Month total                                 $935,913

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/50731 is the state's own key, not one this site invented.