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HOWARD POSNER 83-TTT-B33 SA 203

Operated by MATADOR PRODUCTION COMPANY (P-5 532993) 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 51742District 08Field 71052900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$36.9 M
Feb 2019 – May 2026
Value, last 12 filed months
$2.1 M
at the published price for each month
Months reported
88
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
OilDisposition510,903 bbl$30,458,783
Casinghead gasProduction2,063,731 Mcf$6,402,560
Total$36,861,343

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 31.7375, -103.5987. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.73753, -103.59871 · 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
10,893 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 10,893 ft.

Completions filed
Jan 2020
1 of 1 wells

1 well

42-30133980203H10,893 ftJan 2020——

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 (88)

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

88 months

May 20261,8939,187106.413.05$229,416
Apr 20261,7768,78698.932.87$200,913
Mar 20261,7549,06989.753.15$185,984
Feb 20261,8358,81663.503.75$149,585
Jan 20261,8068,32759.138.00$173,387
Dec 20251,8519,57456.664.41$147,131
Nov 20252,0039,40058.593.93$154,264
Oct 20252,25010,80159.383.30$169,301
Sep 20252,36511,69762.743.08$184,371
Aug 20252,1339,28063.933.01$164,340
Jul 20251,9607,56166.743.32$155,877
Jun 20251,9839,38466.483.13$161,190
May 20252,16010,09160.553.23$163,405
Apr 20252,1249,85362.363.54$167,363
Mar 20252,26710,60467.704.27$198,737
Feb 20251,8449,18170.884.34$170,556
Jan 20252,22610,23974.324.28$209,246
Dec 20242,1629,90268.993.12$180,064
Nov 20242,2449,87869.052.20$176,664
Oct 20242,3099,58471.372.28$186,658
Sep 20242,4449,38169.612.36$192,307
Aug 20242,3559,39875.632.06$197,503
Jul 20242,3289,28879.932.15$206,015
Jun 20242,2388,60778.082.63$197,414
May 20242,4279,45478.812.20$212,056
Apr 20242,3398,91084.451.66$212,312
Mar 20242,6999,86680.301.55$231,974
Feb 20242,4269,51476.091.78$201,564
Jan 20242,52410,10973.023.30$217,639
Dec 20232,65311,53971.262.61$219,178
Nov 20232,75011,63477.892.81$246,861
Oct 20232,95411,85485.443.09$288,986
Sep 20232,70610,82889.042.74$270,557
Aug 20232,88111,77380.522.67$263,446
Jul 20232,94712,12074.852.64$252,602
Jun 20232,78511,64268.962.26$218,347
May 20232,95911,47770.622.23$234,528
Apr 20233,14611,80878.122.24$272,189
Mar 20233,15212,05172.852.39$258,463
Feb 20233,07612,39075.112.47$261,588
Jan 20233,47615,12076.533.39$317,241
Dec 20223,28815,92676.415.73$342,477
Nov 20223,14718,15385.005.65$369,990
Oct 20223,47913,90787.185.86$384,847
Sep 20223,43513,30884.888.16$400,205
Aug 20223,21312,80794.529.13$420,584
Jul 20223,52413,556101.587.54$460,208
Jun 20223,3884,366115.097.98$424,753
May 20223,7002,788109.378.43$428,180
Apr 20224,01417,165104.226.84$535,706
Mar 20224,26514,972108.885.08$540,377
Feb 20223,65315,50091.054.86$407,918
Jan 20221,7963,81281.844.54$164,282
Dec 20214,42929,30371.323.90$430,132
Nov 20212,63829,82277.435.24$360,434
Oct 20213,46729,28479.795.71$443,957
Sep 20213,65428,68369.865.35$408,749
Aug 20213,74529,34866.024.22$371,111
Jul 20214,32830,41070.783.98$427,431
Jun 20214,50228,82969.493.38$410,304
May 20214,93329,30563.483.02$401,580
Apr 20215,17726,78460.362.76$386,365
Mar 20213,30713,56961.302.72$239,585
Feb 20214,26820,52757.805.55$360,573
Jan 20216,30932,14050.412.81$408,359
Dec 20206,86430,63144.642.68$388,361
Nov 20207,39131,95238.772.71$373,029
Oct 20208,35834,15236.972.48$393,639
Sep 20208,11433,62537.091.99$367,897
Aug 20209,05335,72739.982.39$447,151
Jul 20209,27836,35638.371.83$422,351
Jun 20208,83935,04134.901.69$367,711
May 20208,77834,53516.921.81$211,196
Apr 20207,64628,74614.751.80$164,647
Mar 202012,25143,48630.341.86$452,415
Feb 202011,91241,32349.881.98$676,018
Jan 20206,95822,72457.252.09$445,946
Dec 201913,38547,86759.012.30$900,152
Nov 201913,86751,66955.302.75$908,971
Oct 201911,42247,07853.472.42$724,594
Sep 201910,36133,77355.052.66$660,117
Aug 201920,47469,80053.112.30$1,248,218
Jul 201925,53580,24056.272.46$1,634,250
Jun 201925,55785,86652.782.49$1,562,808
May 201927,18598,84658.482.74$1,860,648
Apr 201924,74990,00562.632.75$1,797,607
Mar 201928,764103,64256.803.06$1,951,157
Feb 201914,29352,40650.852.79$873,128

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                1,893 bbl  × $106.41 =   $201,434
Casinghead gas     9,187 Mcf  × $  3.05 =    $27,982

────────────────────────────────────────────────────
Month total                                 $229,416

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/51742 is the state's own key, not one this site invented.