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UL LEAD KING 344035-16 G

Operated by WPX ENERGY PERMIAN, LLC (P-5 942623) in the TWO GEORGES (BONE SPRING) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 51999District 08Field 92100050Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$28.9 M
Jul 2019 – May 2026
Value, last 12 filed months
$1.8 M
at the published price for each month
Months reported
83
no gaps in the span
Streams
2
oil, casinghead gas

The TWO GEORGES (BONE SPRING) 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 275 leases and 502 wells, and the rule below applies to all of them.

Discovered
1997-11-12
as the register files it
Field class
Oil
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 40 acres. The field rule took effect on 2023-03-28.

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: “SIGNED 09/30/2025, EFFECTIVE 10/01/2025”

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
OilDisposition471,876 bbl$26,148,408
Casinghead gasProduction958,166 Mcf$2,759,364
Total$28,907,772

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 31.5215, -103.1257. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.52151, -103.12568 · 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
10,622 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 10,622 ft.

Completions filed
Jul 2019
1 of 1 wells

1 well

42-475376877H10,622 ftJul 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 (83)

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

83 months

May 20263,06111,667106.413.05$361,257
Apr 20262,3897,24998.932.87$257,146
Mar 20262,6136,78989.753.15$255,898
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20259056.664.41$510
Nov 202530847358.593.93$19,903
Oct 20252,6238,90459.383.30$185,180
Sep 20255,28524,55762.743.08$407,141
Aug 20252,9687,33563.933.01$211,858
Jul 20259573,58566.743.32$75,755
Jun 20250066.483.13$0
May 20257060.553.23$424
Apr 20253243662.363.54$20,332
Mar 20253,29311,02067.704.27$269,973
Feb 20251,5925,87370.884.34$138,335
Jan 20253,1957,73574.324.28$270,548
Dec 20241,5133,74468.993.12$116,068
Nov 20248961,84569.052.20$65,925
Oct 20245151,15971.372.28$39,400
Sep 20242,0754,43269.612.36$154,920
Aug 20243,7858,68275.632.06$304,176
Jul 20241,9074,25079.932.15$161,550
Jun 20240078.082.63$0
May 202451078.812.20$4,019
Apr 20247981,79084.451.66$70,361
Mar 20242,63310,46180.301.55$227,594
Feb 20241,7105,17876.091.78$139,350
Jan 20242,5137,83273.023.30$209,327
Dec 20232,0145,17871.262.61$157,036
Nov 20235941,01577.892.81$49,116
Oct 20232,4675,38085.443.09$227,390
Sep 20232,5406,95489.042.74$245,181
Aug 20232,7727,42480.522.67$243,045
Jul 20232,4286,01574.852.64$197,626
Jun 20238632,01868.962.26$64,070
May 20232,8397,34370.622.23$216,846
Apr 20232,6376,34378.122.24$220,197
Mar 20231,1132,36272.852.39$86,735
Feb 20232,6907,43075.112.47$220,366
Jan 20232,6057,28776.533.39$224,047
Dec 20222,5327,72076.415.73$237,699
Nov 20222,8598,26885.005.65$289,698
Oct 20222,7846,90487.185.86$283,193
Sep 20221,9343,94484.888.16$196,355
Aug 20222,2175,89394.529.13$263,337
Jul 20222,8917,536101.587.54$350,505
Jun 20223,0497,413115.097.98$410,044
May 20222,8545,334109.378.43$357,124
Apr 20228311,061104.226.84$93,862
Mar 20221,5942,755108.885.08$187,540
Feb 20221,6712,57391.054.86$164,646
Jan 20223,0975,86881.844.54$280,086
Dec 20211,6363,64071.323.90$130,872
Nov 20213,67010,02077.435.24$336,641
Oct 20212,1643,29379.795.71$191,481
Sep 20213,8459,12569.865.35$317,439
Aug 20213,9848,35866.024.22$298,299
Jul 20215,50610,96570.783.98$433,378
Jun 20214,1317,26069.493.38$311,606
May 20214,6047,14963.483.02$313,835
Apr 202101060.362.76$28
Mar 2021260061.302.72$15,938
Feb 20215,52117,62157.805.55$416,874
Jan 20217,53227,16850.412.81$456,038
Dec 20208,24029,62344.642.68$447,089
Nov 20208,36828,99338.772.71$402,899
Oct 20209,58131,33436.972.48$431,869
Sep 202011,25830,82337.091.99$478,929
Aug 20207,18313,83239.982.39$320,167
Jul 202011,61428,37138.371.83$497,410
Jun 202014,37139,08334.901.69$567,610
May 202013,99631,38916.921.81$293,776
Apr 202016,09238,02014.751.80$305,960
Mar 202019,96040,32130.341.86$680,431
Feb 202021,34838,81649.881.98$1,141,720
Jan 202026,75638,78957.252.09$1,613,034
Dec 201925,10032,60659.012.30$1,556,287
Nov 201935,35944,62455.302.75$2,078,100
Oct 201930,49038,32453.472.42$1,722,988
Sep 201931,56634,38455.052.66$1,829,076
Aug 201925,69327,44653.112.30$1,427,801
Jul 201911,15312,16556.272.46$657,506

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                3,061 bbl  × $106.41 =   $325,721
Casinghead gas    11,667 Mcf  × $  3.05 =    $35,536

────────────────────────────────────────────────────
Month total                                 $361,257

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/51999 is the state's own key, not one this site invented.