MineralRecord
Log inSign up

PECAN 47

Operated by ABRAXAS PETROLEUM CORPORATION (P-5 3125) 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 52088District 08Field 71052900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$21.3 M
Dec 2018 – May 2026
Value, last 12 filed months
$1.7 M
at the published price for each month
Months reported
90
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
OilDisposition298,937 bbl$18,928,889
Casinghead gasProduction686,573 Mcf$2,367,205
Total$21,296,094

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 31.4237, -103.0374. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.42369, -103.03744 · 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
10,276 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 10,276 ft.

Completions filed
Dec 2018
1 of 1 wells

1 well

42-47537637201H10,276 ftDec 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 (90)

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

90 months

May 20261,5826,009106.413.05$186,643
Apr 20261,5856,04198.932.87$174,140
Mar 20261,9296,48789.753.15$193,558
Feb 20261,4115,76663.503.75$111,223
Jan 20262,4556,14159.138.00$194,279
Dec 20251,2266,59956.664.41$98,589
Nov 20251,4146,43058.593.93$108,093
Oct 20252,1026,85859.383.30$147,481
Sep 20251,5725,82762.743.08$116,556
Aug 20252,2775,71663.933.01$162,801
Jul 20251,3845,50866.743.32$110,628
Jun 20251,9195,41166.483.13$144,505
May 20252,2575,20760.553.23$153,492
Apr 20251,9215,13062.363.54$137,970
Mar 20251,0552,75367.704.27$83,174
Feb 20251,4064,13070.884.34$117,585
Jan 20252,8205,35574.324.28$232,495
Dec 20241,2234,07668.993.12$97,097
Nov 20241,4033,02669.052.20$103,530
Oct 20241,9346,10771.372.28$151,962
Sep 20241,4036,19269.612.36$112,303
Aug 20242,4676,50375.632.06$199,999
Jul 20241,9086,15879.932.15$165,725
Jun 20241,5475,78978.082.63$136,038
May 20242,2685,93278.812.20$191,782
Apr 20242,2705,63484.451.66$201,049
Mar 20242,5995,61280.301.55$217,371
Feb 20241,2324,49676.091.78$101,762
Jan 20242,2776,02573.023.30$186,135
Dec 20232,0836,44871.262.61$165,269
Nov 20231,9326,25577.892.81$168,045
Oct 20232,1476,30585.443.09$202,905
Sep 20232,1576,42989.042.74$209,643
Aug 20232,3716,49380.522.67$208,268
Jul 20232,6906,44674.852.64$218,376
Jun 20232,1596,36068.962.26$163,249
May 20231,9876,54570.622.23$154,900
Apr 20232,3597,20878.122.24$200,415
Mar 20232,2007,18472.852.39$177,462
Feb 20232,7076,21175.112.47$218,637
Jan 20232,3836,87376.533.39$205,655
Dec 20222,9327,11376.415.73$264,785
Nov 20222,3757,30585.005.65$243,120
Oct 20222,7537,30587.185.86$282,841
Sep 20222,1697,46284.888.16$245,022
Aug 20222,8646,50994.529.13$330,114
Jul 20222,3317,597101.587.54$294,080
Jun 20223,0186,971115.097.98$402,951
May 20222,3277,465109.378.43$317,457
Apr 20222,8657,146104.226.84$347,452
Mar 20222,9697,719108.885.08$362,449
Feb 20222,5447,03591.054.86$265,813
Jan 20223,0137,18281.844.54$279,174
Dec 20213,5768,08571.323.90$286,565
Nov 20212,6618,24577.435.24$249,219
Oct 20213,4419,11579.795.71$326,639
Sep 20213,2107,91869.865.35$266,619
Aug 20213,1529,05666.024.22$246,317
Jul 20213,2448,37070.783.98$262,940
Jun 20213,5178,14569.493.38$271,931
May 20213,6779,35563.483.02$261,646
Apr 20213,0059,52660.362.76$207,659
Mar 20213,8569,99761.302.72$263,534
Feb 20213,5615,24157.805.55$234,903
Jan 20213,5718,07550.412.81$202,707
Dec 20204,42910,80144.642.68$226,608
Nov 20204,45910,50938.772.71$201,319
Oct 20204,90412,11336.972.48$211,322
Sep 20205,46612,94037.091.99$228,498
Aug 20205,77210,69439.982.39$256,271
Jul 20205,9568,46838.371.83$243,987
Jun 202002,31034.901.69$3,905
May 20200016.921.81$0
Apr 20201,5101,64714.751.80$25,244
Mar 20203,7146,90530.341.86$125,500
Feb 20203,9966,11749.881.98$211,436
Jan 20203,3727,36257.252.09$208,468
Dec 20195,2117,92959.012.30$325,772
Nov 20195,23010,01055.302.75$316,754
Oct 20194,89111,62853.472.42$289,645
Sep 20196,16112,88555.052.66$373,402
Aug 20196,00011,90353.112.30$346,089
Jul 20197,79313,95356.272.46$472,837
Jun 20197,77416,00652.782.49$450,186
May 20198,00414,48058.482.74$507,754
Apr 201913,22317,66062.632.75$876,734
Mar 20194,8087,91156.803.06$297,319
Feb 201910,44413,91150.852.79$569,920
Jan 201916,05119,85046.033.23$802,907
Dec 20187,11710,96946.594.19$377,491

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                1,582 bbl  × $106.41 =   $168,341
Casinghead gas     6,009 Mcf  × $  3.05 =    $18,302

────────────────────────────────────────────────────
Month total                                 $186,643

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/52088 is the state's own key, not one this site invented.