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UL LEAD KING 344035-16 A

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 52389District 08Field 92100050Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$31.6 M
Jul 2019 – May 2026
Value, last 12 filed months
$1.7 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
OilDisposition503,895 bbl$28,038,850
Casinghead gasProduction1,051,205 Mcf$3,540,565
Total$31,579,415

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 31.5242, -103.1265. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.52417, -103.12650 · 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
10,684 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 10,684 ft.

Completions filed
Jul 2019
1 of 1 wells

1 well

42-475376841H10,684 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 20261,9773,657106.413.05$221,511
Apr 20262,4014,28498.932.87$249,825
Mar 20261,8043,00389.753.15$171,367
Feb 20260063.503.75$0
Jan 2026130059.138.00$7,687
Dec 20251,7443,78556.664.41$115,520
Nov 20252,1612,94558.593.93$138,176
Oct 20252,3153,98159.383.30$150,621
Sep 20253,3717,90162.743.08$235,807
Aug 20252,7755,45963.933.01$193,863
Jul 20252766066.743.32$18,619
Jun 20252,4754,52766.483.13$178,702
May 20252,4054,98260.553.23$161,726
Apr 202565765962.363.54$43,305
Mar 20252,0303,90567.704.27$154,099
Feb 20251,2763,20470.884.34$104,351
Jan 20251,5102,37774.324.28$122,394
Dec 2024112068.993.12$7,727
Nov 20241,6562,98969.052.20$120,918
Oct 20241,9683,74271.372.28$148,993
Sep 20242,0833,74369.612.36$153,847
Aug 20242,3693,62875.632.06$186,654
Jul 20246281,03179.932.15$52,409
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 202423080.301.55$1,847
Feb 202451488776.091.78$40,692
Jan 20241,5933,16573.023.30$126,758
Dec 20239831,78271.262.61$74,701
Nov 202353077.892.81$4,128
Oct 20231,3452,70585.443.09$123,268
Sep 20233,8567,36689.042.74$363,485
Aug 20232,4864,30080.522.67$211,666
Jul 20232,9576,59274.852.64$238,746
Jun 20233,4606,61168.962.26$253,532
May 20232,7074,61170.622.23$201,439
Apr 20231,1271,62078.122.24$91,666
Mar 20230072.852.39$0
Feb 2023164075.112.47$12,318
Jan 20232,1433,87276.533.39$177,121
Dec 20222,5794,17276.415.73$220,963
Nov 20222,9184,76585.005.65$274,934
Oct 20223,1205,30787.185.86$303,121
Sep 202226239684.888.16$25,471
Aug 202276094.529.13$7,184
Jul 20222,0745,534101.587.54$252,415
Jun 20223,73011,573115.097.98$521,606
May 20226,01921,146109.378.43$836,623
Apr 20225,39520,817104.226.84$704,605
Mar 20226,17225,196108.885.08$799,912
Feb 20226,10420,92591.054.86$657,440
Jan 20226,83824,05081.844.54$668,753
Dec 20216,14223,25971.323.90$528,737
Nov 20216,59523,86777.435.24$635,639
Oct 20216,48724,30979.795.71$656,496
Sep 20216,28723,66869.865.35$565,855
Aug 20216,88225,82166.024.22$563,329
Jul 20217,44124,50570.783.98$624,255
Jun 20216,85122,64469.493.38$552,627
May 20218,22227,65963.483.02$605,398
Apr 20218,24028,47960.362.76$575,923
Mar 20219,12729,37461.302.72$639,293
Feb 20218,81326,72257.805.55$657,644
Jan 202110,20030,91050.412.81$601,047
Dec 202010,94431,03544.642.68$571,573
Nov 20207,52314,13838.772.71$329,932
Oct 202011,19729,33036.972.48$486,645
Sep 202011,81929,90337.091.99$497,905
Aug 202013,80635,60239.982.39$636,878
Jul 202014,69331,50338.371.83$621,267
Jun 202016,46632,45634.901.69$629,524
May 202019,42733,84616.921.81$390,127
Apr 202022,95835,52714.751.80$402,735
Mar 202024,84227,81530.341.86$805,337
Feb 20200049.881.98$0
Jan 2020860057.252.09$49,235
Dec 201927,45335,96659.012.30$1,702,880
Nov 201933,27141,99755.302.75$1,955,407
Oct 201930,20737,84453.472.42$1,706,696
Sep 201929,17331,97255.052.66$1,690,932
Aug 201921,72923,15653.112.30$1,207,387
Jul 20199,41910,64456.272.46$556,192

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                1,977 bbl  × $106.41 =   $210,373
Casinghead gas     3,657 Mcf  × $  3.05 =    $11,139

────────────────────────────────────────────────────
Month total                                 $221,511

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/52389 is the state's own key, not one this site invented.