V. E. PHILLIPS

Operated by TRILOGY OPERATING, INC. (P-5 869713) in the GARDEN CITY, NW (STRAWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 51270District 08Field 33997700OilCasinghead gasSaveExport
Value, all time
$1.3 M
Sep 2018 – May 2026
Value, last 12 filed months
$76 k
at the published price for each month
Months reported
93
no gaps in the span
Streams
2
oil, casinghead gas

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 26 leases and 29 wells, and the rule below applies to all of them.

Discovered
1984-01-15
as the register files it
Field class
Oil
the register's own label
Between wells
660 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2011-02-08.

The Commission's schedule remark for this field reads: TO BE CANCELLED THROUGH MARCH 2024. EFFECTIVE 3/19/24

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
OilDisposition18,413 bbl$1,128,803
Casinghead gasProduction43,805 Mcf$155,716
Total$1,284,519

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 32.0678, -101.4263. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.06785, -101.42632 · 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
9,980 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 9,980 ft.

Completions filed
Sep 2018
1 of 1 wells

1 well

42-1733601919,980 ftSep 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 (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 20260367106.413.05$1,118
Apr 2026031998.932.87$915
Mar 202616736989.753.15$16,150
Feb 2026029763.503.75$1,114
Jan 202618137759.138.00$13,718
Dec 2025033356.664.41$1,470
Nov 202518228858.593.93$11,794
Oct 2025032359.383.30$1,067
Sep 2025031062.743.08$954
Aug 202517737463.933.01$12,443
Jul 2025041066.743.32$1,359
Jun 202518535866.483.13$13,419
May 2025032060.553.23$1,034
Apr 202518438362.363.54$12,831
Mar 2025041467.704.27$1,767
Feb 2025034570.884.34$1,498
Jan 202519637674.324.28$16,176
Dec 2024022568.993.12$702
Nov 202418922469.052.20$13,543
Oct 2024037771.372.28$860
Sep 202418217469.612.36$13,080
Aug 2024036175.632.06$745
Jul 202417738179.932.15$14,965
Jun 2024021878.082.63$574
May 202417710278.812.20$14,174
Apr 2024034984.451.66$579
Mar 202418127980.301.55$14,965
Feb 2024023076.091.78$410
Jan 202418028873.023.30$14,093
Dec 202318134171.262.61$13,788
Nov 202318125977.892.81$14,825
Oct 2023016585.443.09$509
Sep 2023042089.042.74$1,149
Aug 202317741480.522.67$15,359
Jul 202317845774.852.64$14,531
Jun 2023034268.962.26$772
May 202317446470.622.23$13,321
Apr 202318440478.122.24$15,278
Mar 202318140972.852.39$14,165
Feb 2023041275.112.47$1,016
Jan 202317845476.533.39$15,160
Dec 202218343876.415.73$16,492
Nov 2022045385.005.65$2,558
Oct 202216948787.185.86$17,589
Sep 202217948484.888.16$19,145
Aug 202217251794.529.13$20,976
Jul 2022178520101.587.54$22,003
Jun 2022179502115.097.98$24,606
May 20220529109.378.43$4,461
Apr 2022178521104.226.84$22,114
Mar 2022177531108.885.08$21,967
Feb 202217045091.054.86$17,665
Jan 202217250081.844.54$16,345
Dec 202135041771.323.90$26,588
Nov 2021050877.435.24$2,660
Oct 202117656379.795.71$17,260
Sep 202135657369.865.35$27,936
Aug 202117655366.024.22$13,954
Jul 202118557570.783.98$15,384
Jun 202117449969.493.38$13,778
May 202134959763.483.02$23,956
Apr 202137361860.362.76$24,219
Mar 202119016761.302.72$12,101
Feb 2021017057.805.55$943
Jan 202118725150.412.81$10,132
Dec 202018432544.642.68$9,083
Nov 2020029338.772.71$793
Oct 2020017636.972.48$436
Sep 202017454337.091.99$7,535
Aug 202034550639.982.39$15,000
Jul 202018470638.371.83$8,349
Jun 202051163634.901.69$18,909
May 2020077216.921.81$1,401
Apr 202017581414.751.80$4,050
Mar 202068796330.341.86$22,631
Feb 20207231,05649.881.98$38,155
Jan 202017419857.252.09$10,376
Dec 2019015159.012.30$348
Nov 201934532055.302.75$19,959
Oct 201933933253.472.42$18,929
Sep 201918831055.052.66$11,173
Aug 201918317653.112.30$10,125
Jul 2019031356.272.46$770
Jun 201918335252.782.49$10,536
May 201935139858.482.74$21,617
Apr 201951137762.632.75$33,041
Mar 20193611,58756.803.06$25,364
Feb 201987480950.852.79$46,702
Jan 20193611,10346.033.23$20,178
Dec 20186901,21846.594.19$37,245
Nov 20187101,14452.934.24$42,428
Oct 20181,2171,73461.443.40$80,665
Sep 20188781,35859.543.11$56,497

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                    0 bbl  × $106.41 =         $0
Casinghead gas       367 Mcf  × $  3.05 =     $1,118

────────────────────────────────────────────────────
Month total                                   $1,118

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/51270 is the state's own key, not one this site invented.