HOWARD POSNER 83-TTT-B33 SA 204H

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 51743District 08Field 71052900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$37.8 M
Feb 2019 – May 2026
Value, last 12 filed months
$2.5 M
at the published price for each month
Months reported
88
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 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
OilDisposition510,588 bbl$30,901,075
Casinghead gasProduction2,152,486 Mcf$6,884,951
Total$37,786,026

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 31.7352, -103.5954. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.73517, -103.59542 · 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
10,843 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 10,843 ft.

Completions filed
Nov 2019
1 of 1 wells

1 well

42-30133981204H10,843 ftNov 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 (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 20262,38411,620106.413.05$289,074
Apr 20262,22910,82598.932.87$251,580
Mar 20262,17310,68089.753.15$228,663
Feb 20262,1699,84363.503.75$174,646
Jan 20262,01011,65259.138.00$212,043
Dec 20252,25311,02156.664.41$176,295
Nov 20252,36511,73858.593.93$184,654
Oct 20252,39011,67259.383.30$180,492
Sep 20252,42411,67462.743.08$188,002
Aug 20252,45710,80763.933.01$189,657
Jul 20252,54010,28766.743.32$203,623
Jun 20252,36311,42766.483.13$192,844
May 20252,59011,82960.553.23$195,060
Apr 20252,55111,48362.363.54$199,766
Mar 20252,68012,02367.704.27$232,754
Feb 20252,21110,35070.884.34$201,643
Jan 20252,68611,73774.324.28$249,842
Dec 20242,76911,67368.993.12$227,469
Nov 20242,85211,35369.052.20$221,889
Oct 20242,82511,33571.372.28$227,480
Sep 20242,67211,35469.612.36$212,843
Aug 20242,71311,61375.632.06$229,149
Jul 20242,95711,76279.932.15$261,601
Jun 20242,89911,55578.082.63$256,790
May 20242,92212,14778.812.20$256,987
Apr 20242,57111,53784.451.66$236,263
Mar 20242,51412,24480.301.55$220,793
Feb 20242,72311,60376.091.78$227,889
Jan 20242,87712,00273.023.30$249,657
Dec 20233,03713,97071.262.61$252,888
Nov 20233,23012,61877.892.81$287,010
Oct 20233,29213,13685.443.09$321,823
Sep 20232,84012,26889.042.74$286,427
Aug 20233,08013,24680.522.67$283,407
Jul 20233,14313,43274.852.64$270,738
Jun 20233,06613,03268.962.26$240,864
May 20233,32913,65470.622.23$265,507
Apr 20233,40613,36878.122.24$295,991
Mar 20233,39914,24072.852.39$281,696
Feb 20233,20313,28975.112.47$273,344
Jan 20233,51816,33676.533.39$324,574
Dec 20223,58016,42676.415.73$367,654
Nov 20223,50514,23785.005.65$378,310
Oct 20223,80614,20387.185.86$415,090
Sep 20223,37413,71584.888.16$398,350
Aug 20223,57211,08594.529.13$438,800
Jul 20223,75115,723101.587.54$499,611
Jun 20223,92319,810115.097.98$609,526
May 20224,15822,424109.378.43$643,863
Apr 20224,10818,192104.226.84$552,525
Mar 20222,08610,447108.885.08$280,157
Feb 2022136091.054.86$12,383
Jan 20223,32524,14081.844.54$381,658
Dec 20215,72531,30871.323.90$530,381
Nov 20216,60831,86977.435.24$678,551
Oct 20216,82933,76279.795.71$737,798
Sep 20216,54733,72269.865.35$637,817
Aug 20216,95237,96766.024.22$619,214
Jul 20216,96836,97770.783.98$640,440
Jun 20216,83430,47469.493.38$577,916
May 20214,87518,13063.483.02$364,175
Apr 20216,98430,87960.362.76$506,731
Mar 20216,91831,52561.302.72$509,725
Feb 20215,44223,37157.805.55$444,209
Jan 20217,76331,60250.412.81$480,143
Dec 20208,12734,53644.642.68$455,189
Nov 20207,29936,93238.772.71$382,941
Oct 20207,43938,86436.972.48$371,342
Sep 20208,20937,75737.091.99$379,648
Aug 20208,35939,99939.982.39$429,594
Jul 20208,57340,29938.371.83$402,497
Jun 20208,82438,70434.901.69$373,379
May 20209,58041,15316.921.81$236,776
Apr 20209,86841,67214.751.80$220,745
Mar 202010,96143,99330.341.86$414,218
Feb 202010,15241,65749.881.98$588,891
Jan 202011,69745,09457.252.09$764,113
Dec 20196,73624,19259.012.30$453,238
Nov 20194,70915,99855.302.75$304,413
Oct 201914,51345,62753.472.42$886,361
Sep 201913,06849,24755.052.66$850,256
Aug 201914,49255,83453.112.30$898,332
Jul 201916,13459,25656.272.46$1,053,634
Jun 201919,36868,15752.782.49$1,192,036
May 201924,07785,90958.482.74$1,643,441
Apr 201922,00382,51362.632.75$1,605,016
Mar 201925,05493,89756.803.06$1,710,589
Feb 201911,26545,77350.852.79$700,634

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                2,384 bbl  × $106.41 =   $253,681
Casinghead gas    11,620 Mcf  × $  3.05 =    $35,393

────────────────────────────────────────────────────
Month total                                 $289,074

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/51743 is the state's own key, not one this site invented.