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MERCEDES

Operated by CRESCENT ENERGY OPERATING, LLC (P-5 103575) 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 51144District 08Field 71052900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$15.3 M
Oct 2018 – May 2026
Value, last 12 filed months
$908 k
at the published price for each month
Months reported
92
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
OilDisposition221,792 bbl$13,571,864
Casinghead gasProduction458,085 Mcf$1,722,346
Total$15,294,210

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 31.0099, -103.5031. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.00985, -103.50310 · 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
10,301 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 10,301 ft.

Completions filed
Oct 2018
1 of 1 wells

1 well

42-38937219L 49H10,301 ftOct 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 (92)

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

92 months

May 20265642,726106.413.05$68,318
Apr 20265782,74098.932.87$65,045
Mar 20267742,77789.753.15$78,212
Feb 20265912,65963.503.75$47,501
Jan 20267802,91159.138.00$69,403
Dec 20258122,00456.664.41$54,852
Nov 20255842,71858.593.93$44,889
Oct 20251,2583,97959.383.30$87,850
Sep 20252,4505,26162.743.08$169,901
Aug 20252,5824,65963.933.01$179,113
Jul 20255621,54766.743.32$42,636
Jun 20250066.483.13$0
May 2025365060.553.23$22,101
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 202428642276.091.78$22,514
Jan 20247901,49073.023.30$62,599
Dec 20238071,19571.262.61$60,627
Nov 20238231,31077.892.81$67,781
Oct 20235261,19685.443.09$48,634
Sep 20237861,15589.042.74$73,144
Aug 20237111,17580.522.67$60,390
Jul 20236471,06374.852.64$51,236
Jun 20237841,28368.962.26$56,962
May 20239141,25970.622.23$67,351
Apr 202383498678.122.24$67,359
Mar 20239981,16472.852.39$75,490
Feb 20237422,61975.112.47$62,189
Jan 20231,3596,07876.533.39$124,595
Dec 20221,4486,45476.415.73$147,617
Nov 20221,5176,34385.005.65$164,759
Oct 20222,6776,63887.185.86$272,305
Sep 20223,4406,88784.888.16$348,210
Aug 20224,1417,13194.529.13$456,493
Jul 20223,4866,671101.587.54$404,421
Jun 20223,2686,156115.097.98$425,222
May 20222,7325,289109.378.43$343,401
Apr 20221,6325,804104.226.84$209,772
Mar 20222,1474,963108.885.08$258,960
Feb 20221,6405,46791.054.86$175,885
Jan 20222,0266,24381.844.54$194,137
Dec 20212,0786,94671.323.90$175,286
Nov 20212,0077,40277.435.24$194,165
Oct 20212,3617,73879.795.71$232,598
Sep 20212,0007,15869.865.35$178,022
Aug 20212,3487,91866.024.22$188,434
Jul 20213,3568,30470.783.98$270,605
Jun 202174181069.493.38$54,230
May 2021034363.483.02$1,035
Apr 20211,9245,36560.362.76$130,932
Mar 20212,2296,83661.302.72$155,211
Feb 20211,8714,61657.805.55$133,753
Jan 20212,2806,39150.412.81$132,895
Dec 20202,4326,60244.642.68$126,228
Nov 20202,4277,64738.772.71$114,792
Oct 20202,5325,24936.972.48$106,617
Sep 20202,3025,37137.091.99$96,075
Aug 20202,5535,56639.982.39$115,344
Jul 20202,8296,61638.371.83$120,624
Jun 20204,4037,57334.901.69$166,465
May 202001,97216.921.81$3,579
Apr 20203,0987,89414.751.80$59,939
Mar 20203,1556,70830.341.86$108,174
Feb 20202,5404,65349.881.98$135,911
Jan 20203,5617,50057.252.09$219,578
Dec 20194,1677,18559.012.30$262,452
Nov 20192,5643,85755.302.75$152,399
Oct 20193,6516,50153.472.42$210,942
Sep 20193,9606,92955.052.66$236,410
Aug 20194,2977,63953.112.30$245,817
Jul 20195,85110,17556.272.46$354,267
Jun 20194,0038,45552.782.49$232,341
May 20195,2029,32258.482.74$329,758
Apr 20195,91711,45262.632.75$402,083
Mar 20196,70313,15656.803.06$421,015
Feb 20196,32511,92850.852.79$354,932
Jan 20198,31814,65046.033.23$430,170
Dec 201812,78221,40646.594.19$685,107
Nov 201814,57919,90752.934.24$856,017
Oct 201825,38531,92361.443.40$1,668,131

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                  564 bbl  × $106.41 =    $60,015
Casinghead gas     2,726 Mcf  × $  3.05 =     $8,303

────────────────────────────────────────────────────
Month total                                  $68,318

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/51144 is the state's own key, not one this site invented.