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UL LEAD KING 344035-16 F

Operated by WPX ENERGY PERMIAN, LLC (P-5 942623) 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 52338District 08Field 71052900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$16.1 M
Jun 2019 – May 2026
Value, last 12 filed months
$2.0 M
at the published price for each month
Months reported
84
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
OilDisposition238,339 bbl$14,154,075
Casinghead gasProduction671,848 Mcf$1,932,327
Total$16,086,403

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 31.5217, -103.1257. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.52172, -103.12575 · 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
11,398 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 11,398 ft.

Completions filed
Jun 2019
1 of 1 wells

1 well

42-475376836H11,398 ftJun 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 (84)

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

84 months

May 20262,58615,661106.413.05$322,877
Apr 20262,3459,69498.932.87$259,810
Mar 20262,3448,39789.753.15$236,820
Feb 2026802363.503.75$5,166
Jan 20268183,46059.138.00$76,041
Dec 20251,9977,98356.664.41$148,382
Nov 20251,0672,22958.593.93$71,268
Oct 20254841,16459.383.30$32,587
Sep 20252,51217,29062.743.08$210,803
Aug 20252,72616,03363.933.01$222,609
Jul 20253,38912,71966.743.32$268,348
Jun 20252,4164,68366.483.13$175,267
May 20256391,33560.553.23$43,007
Apr 20259791,77962.363.54$67,354
Mar 20251,2652,07167.704.27$94,480
Feb 202551961970.884.34$39,474
Jan 202556996274.324.28$46,404
Dec 20241,2392,49968.993.12$93,279
Nov 20241,5433,26369.052.20$113,718
Oct 20242,2484,56971.372.28$170,863
Sep 20242,1635,51769.612.36$163,611
Aug 20244,00910,92375.632.06$325,742
Jul 20242,0784,16979.932.15$175,044
Jun 20241,9555,60778.082.63$167,415
May 20242,5963,79078.812.20$212,923
Apr 20242,5756,43684.451.66$228,137
Mar 20242,87621,90880.301.55$264,794
Feb 20241,87012,15476.091.78$163,967
Jan 20241,7556,16473.023.30$148,477
Dec 20232,51612,56471.262.61$212,091
Nov 20233,64113,93677.892.81$322,724
Oct 20233,10911,35985.443.09$300,701
Sep 20232,6778,71689.042.74$262,199
Aug 20236501,28080.522.67$55,759
Jul 20238091,46874.852.64$64,432
Jun 20238941,74468.962.26$65,589
May 20231,5663,91470.622.23$119,309
Apr 20231,0902,33878.122.24$90,383
Mar 20231,5815,30672.852.39$127,874
Feb 20231,81710,21375.112.47$161,657
Jan 20232,17210,49476.533.39$201,774
Dec 20222,37912,85676.415.73$255,432
Nov 20222,6619,57185.005.65$280,225
Oct 20227821,02787.185.86$74,197
Sep 202239626784.888.16$35,792
Aug 202269665494.529.13$71,755
Jul 20229761,071101.587.54$107,220
Jun 2022568374115.097.98$68,355
May 20229741,085109.378.43$115,676
Apr 20229821,059104.226.84$109,585
Mar 20221,2292,005108.885.08$143,992
Feb 20229971,37591.054.86$97,458
Jan 20221,7282,09581.844.54$150,926
Dec 20211,2611,66271.323.90$96,415
Nov 20211,2941,90277.435.24$110,155
Oct 20211,9406,11179.795.71$189,710
Sep 20212,0877,54869.865.35$186,187
Aug 20211,8725,11966.024.22$145,195
Jul 20212,3109,67770.783.98$202,036
Jun 20212,2808,65369.493.38$187,690
May 20212,1556,95563.483.02$157,787
Apr 20213,61514,43160.362.76$258,008
Mar 20212,94212,85161.302.72$215,260
Feb 20213,36116,31457.805.55$284,775
Jan 20214,29117,90650.412.81$266,630
Dec 20202,3134,63244.642.68$115,645
Nov 20203,95414,83138.772.71$193,438
Oct 20204,78318,48636.972.48$222,644
Sep 20205,38319,68437.091.99$238,847
Aug 20206,00819,71139.982.39$287,213
Jul 20206,92918,92538.371.83$300,406
Jun 20206,70417,94134.901.69$264,295
May 20206,59015,96616.921.81$140,477
Apr 20206,81416,62214.751.80$130,499
Mar 20207,24815,56430.341.86$248,795
Feb 20206,86313,50149.881.98$369,067
Jan 20207,93313,98357.252.09$483,455
Dec 20198,09013,30159.012.30$508,041
Nov 20193,3794,53555.302.75$199,333
Oct 20198,41311,95553.472.42$478,757
Sep 20199,62311,82255.052.66$561,161
Aug 20198,76910,40653.112.30$489,701
Jul 20198,57110,39956.272.46$507,872
Jun 20193258352.782.49$3,141

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                2,586 bbl  × $106.41 =   $275,176
Casinghead gas    15,661 Mcf  × $  3.05 =    $47,701

────────────────────────────────────────────────────
Month total                                 $322,877

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/52338 is the state's own key, not one this site invented.