CREOSOTE 86

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 52371District 08Field 71052900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$38.1 M
Mar 2019 – May 2026
Value, last 12 filed months
$2.6 M
at the published price for each month
Months reported
87
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
OilDisposition478,723 bbl$29,971,575
Casinghead gasProduction2,390,461 Mcf$8,115,389
Total$38,086,964

Wells on this lease (2)

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 31.6197, -103.1266. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

31.61970, -103.12663 · 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 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
11,046 ft
2 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.
2100.0%

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

Between 10,877 and 11,214 ft, median 11,046 ft, over the 2 wells that filed a depth.

Completions filed
Mar 2019
2 of 2 wells

2 wells

42-47537667201H10,877 ftMar 2019
42-47537668302H11,214 ftMar 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 (87)

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

87 months

May 20262,31526,050106.413.05$325,683
Apr 20262,84925,80498.932.87$355,902
Mar 20262,13930,45789.753.15$287,898
Feb 20262,85927,16763.503.75$283,431
Jan 20263,41518,38859.138.00$348,995
Dec 202572120,94956.664.41$133,307
Nov 20251,43612,16058.593.93$131,881
Oct 20251,78112,72259.383.30$147,800
Sep 202506,60062.743.08$20,308
Aug 20251,76710,15363.933.01$143,573
Jul 20252,12911,12366.743.32$178,964
Jun 20252,45520,85966.483.13$228,470
May 20251,05915,57460.553.23$114,463
Apr 20252,13918,78262.363.54$199,935
Mar 20252,84024,28867.704.27$295,937
Feb 20252,14116,12170.884.34$221,733
Jan 20251,76317,31774.324.28$205,120
Dec 20241,78119,86268.993.12$184,868
Nov 20241,60619,49469.052.20$153,751
Oct 20242,47725,69271.372.28$235,397
Sep 20241,07225,52969.612.36$134,982
Aug 20243,11925,88275.632.06$289,301
Jul 20243,17625,09779.932.15$307,731
Jun 20241,42026,90178.082.63$181,730
May 20243,00329,13778.812.20$300,722
Apr 20242,82425,98084.451.66$281,593
Mar 20242,48527,01080.301.55$241,279
Feb 20242,46125,42276.091.78$232,601
Jan 20243,72026,46473.023.30$358,904
Dec 20232,81625,35171.262.61$266,853
Nov 20233,20224,04077.892.81$316,898
Oct 20232,74525,69385.443.09$313,854
Sep 20232,67025,07689.042.74$306,321
Aug 20233,30530,63080.522.67$347,989
Jul 20235,12528,67174.852.64$459,349
Jun 20231,09518,73368.962.26$117,819
May 20233,67027,63670.622.23$320,732
Apr 20233,64926,55178.122.24$344,475
Mar 20232,92230,91572.852.39$286,852
Feb 20234,72028,44575.112.47$424,655
Jan 20233,66925,00776.533.39$365,505
Dec 20224,02225,59776.415.73$453,968
Nov 20221,47710,10185.005.65$182,577
Oct 20224,00522,71287.185.86$482,334
Sep 20222,54324,42084.888.16$415,207
Aug 20225,74223,46494.529.13$756,894
Jul 20223,23925,820101.587.54$523,754
Jun 20224,48224,073115.097.98$707,869
May 20223,59623,682109.378.43$593,006
Apr 20223,63323,667104.226.84$540,457
Mar 20224,68524,013108.885.08$632,002
Feb 20222,53824,23091.054.86$348,815
Jan 20225,40130,73681.844.54$581,488
Dec 20214,66633,73071.323.90$464,296
Nov 20215,69834,76477.435.24$623,250
Oct 20216,00938,04879.795.71$696,859
Sep 20216,44837,99569.865.35$653,765
Aug 20215,20135,38466.024.22$492,711
Jul 20214,83837,57070.783.98$492,040
Jun 20216,20230,03069.493.38$532,497
May 20215,34223,59263.483.02$410,303
Apr 20214,17225,90360.362.76$323,273
Mar 20216,63530,33461.302.72$489,141
Feb 20213,45825,47457.805.55$341,201
Jan 20216,23633,49650.412.81$408,490
Dec 20206,85537,51144.642.68$406,366
Nov 20208,00639,16338.772.71$416,390
Oct 20208,51634,69336.972.48$400,821
Sep 20207,48925,88237.091.99$329,299
Aug 20209,75838,45939.982.39$481,853
Jul 202012,30424,24438.371.83$516,353
Jun 202006,83634.901.69$11,555
May 2020063916.921.81$1,160
Apr 20204,6349,46614.751.80$85,432
Mar 20209,84131,62330.341.86$357,276
Feb 20208,98826,86149.881.98$501,524
Jan 20200357.252.09$6
Dec 201910,57936,38859.012.30$708,118
Nov 201913,06243,27255.302.75$841,357
Oct 201912,54836,05453.472.42$758,140
Sep 20199,32131,01955.052.66$595,547
Aug 201918,04862,51353.112.30$1,102,582
Jul 201928,08285,79656.272.46$1,791,237
Jun 201925,58967,95652.782.49$1,519,879
May 201952,769110,91758.482.74$3,389,879
Apr 201919,28236,13862.632.75$1,307,036
Mar 20192442,46156.803.06$21,395

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                2,315 bbl  × $106.41 =   $246,339
Casinghead gas    26,050 Mcf  × $  3.05 =    $79,344

────────────────────────────────────────────────────
Month total                                 $325,683

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/52371 is the state's own key, not one this site invented.