STATE-JUDGE 48-3 WS XII

Operated by CIRCLE-S ENERGY, LLC (P-5 100703) 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 53744District 08Field 71052900OilCasinghead gasSave
Value, all time
$59.0 M
Jan 2020 – May 2026
Value, last 12 filed months
$5.9 M
at the published price for each month
Months reported
77
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition736,948 bbl$51,676,000
Casinghead gasProduction1,908,903 Mcf$7,332,691
Total$59,008,690

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 31.7517, -103.5093. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.75174, -103.50926 · 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
11,404 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 11,404 ft.

Completions filed
Jan 2020
1 of 1 wells

1 well

42-3013450612H11,404 ftJan 2020

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 (77)

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

77 months

May 20264,25913,892106.413.05$495,513
Apr 20266,43019,30698.932.87$691,523
Mar 20267,17522,15689.753.15$713,735
Feb 20266,75920,03963.503.75$504,349
Jan 20266,38518,75759.138.00$527,562
Dec 20256,03318,51856.664.41$423,556
Nov 20255,94219,53958.593.93$424,860
Oct 20256,26121,78459.383.30$443,771
Sep 20256,22823,04162.743.08$461,640
Aug 20256,23719,85163.933.01$458,577
Jul 20255,43213,99766.743.32$408,935
Jun 20254,83212,65466.483.13$360,822
May 20254,03610,29360.553.23$277,650
Apr 20252,3096,10962.363.54$165,634
Mar 20252,1646,58567.704.27$174,610
Feb 2025778,48570.884.34$42,290
Jan 20253321,59674.324.28$31,503
Dec 20243,23213,71968.993.12$265,798
Nov 20244,40816,41469.052.20$340,458
Oct 20240071.372.28$0
Sep 202425550969.612.36$18,954
Aug 20243,48113,88875.632.06$291,928
Jul 20245,54722,94779.932.15$492,630
Jun 20246,12622,47378.082.63$537,512
May 20246,47523,99978.812.20$563,055
Apr 20244,53616,35284.451.66$410,196
Mar 20244,08215,69780.301.55$352,039
Feb 20247,24425,63176.091.78$596,912
Jan 20248,19524,93373.023.30$680,619
Dec 20238,85626,19771.262.61$699,472
Nov 20235,66820,82777.892.81$499,954
Oct 20238,41124,92685.443.09$795,589
Sep 20238,00521,81289.042.74$772,422
Aug 20236,54420,91280.522.67$582,818
Jul 20238,90627,06774.852.64$738,120
Jun 20235,54817,21468.962.26$421,468
May 20236,97521,47570.622.23$540,408
Apr 20239,11831,35778.122.24$782,468
Mar 20239,72230,64672.852.39$781,588
Feb 20239,29428,22275.112.47$767,659
Jan 202310,34033,25276.533.39$903,969
Dec 202210,91130,40376.415.73$1,007,891
Nov 202210,30426,06685.005.65$1,023,014
Oct 202212,38634,12087.185.86$1,279,883
Sep 202212,27327,42884.888.16$1,265,646
Aug 202212,59230,19894.529.13$1,465,818
Jul 202214,77235,891101.587.54$1,771,233
Jun 202212,37228,913115.097.98$1,654,538
May 202214,33033,681109.378.43$1,851,305
Apr 202214,47934,644104.226.84$1,745,883
Mar 202214,67737,371108.885.08$1,787,742
Feb 202213,91634,29891.054.86$1,433,700
Jan 202215,31336,50581.844.54$1,418,864
Dec 202115,87133,08371.323.90$1,260,914
Nov 202115,94736,09577.435.24$1,423,800
Oct 202116,73939,88279.795.71$1,563,485
Sep 202116,92140,47969.865.35$1,398,701
Aug 202118,16643,61666.024.22$1,383,405
Jul 202118,23243,97070.783.98$1,465,553
Jun 202118,31944,26569.493.38$1,422,630
May 202120,09749,00263.483.02$1,423,629
Apr 202120,03745,76760.362.76$1,335,678
Mar 202121,56446,61661.302.72$1,448,526
Feb 202113,36328,14257.805.55$928,512
Jan 202118,39639,80450.412.81$1,039,202
Dec 202018,92240,42844.642.68$952,842
Nov 202015,00631,54138.772.71$667,151
Oct 202017,28531,97736.972.48$718,279
Sep 202017,22334,33737.091.99$707,167
Aug 202011,41929,18139.982.39$526,131
Jul 20209,44018,28038.371.83$395,576
Jun 2020167034.901.69$5,828
May 20200916.921.81$16
Apr 20208,56119,27314.751.80$161,051
Mar 202014,37629,02330.341.86$490,041
Feb 202016,11727,97649.881.98$859,327
Jan 20204,5969,56857.252.09$283,163

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                4,259 bbl  × $106.41 =   $453,200
Casinghead gas    13,892 Mcf  × $  3.05 =    $42,313

────────────────────────────────────────────────────
Month total                                 $495,513

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/53744 is the state's own key, not one this site invented.