PECOS BILL STATE 204-203 UNIT B

Operated by NOBLE ENERGY INC (P-5 611665) 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 54117District 08Field 71052900OilCasinghead gasSave
Value, all time
$91.1 M
Mar 2020 – May 2026
Value, last 12 filed months
$3.9 M
at the published price for each month
Months reported
75
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
OilDisposition1,254,979 bbl$78,429,676
Casinghead gasProduction3,214,238 Mcf$12,707,970
Total$91,137,646

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 31.3094, -103.5197. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

31.30936, -103.51968 · 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
10,385 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 10,373 and 10,396 ft, median 10,385 ft, over the 2 wells that filed a depth.

Completions filed
Mar 2020
2 of 2 wells

2 wells

42-389386088H10,373 ftMar 2020
42-3893860910H10,396 ftMar 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 (75)

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

75 months

May 20264,51439,991106.413.05$602,141
Apr 20265,34146,79098.932.87$662,659
Mar 20264,32626,69989.753.15$472,345
Feb 20264,52326,35463.503.75$386,046
Jan 20263,67526,62459.138.00$430,239
Dec 20252,33815,52656.664.41$200,993
Nov 2025116358.593.93$892
Oct 20250059.383.30$0
Sep 20252,6493,21362.743.08$176,084
Aug 20253,2528,63263.933.01$233,924
Jul 20255,21313,04466.743.32$391,159
Jun 20255,28712,27366.483.13$389,879
May 20253,8728,16260.553.23$260,832
Apr 20254,9317,88062.363.54$335,417
Mar 20254,4767,57367.704.27$335,349
Feb 20254,3347,61870.884.34$340,262
Jan 20254,6376,40774.324.28$372,035
Dec 20244,4836,36368.993.12$329,143
Nov 20245,2487,87769.052.20$379,692
Oct 20245,78719,43071.372.28$457,346
Sep 20244,0618,22769.612.36$302,138
Aug 20245,71517,19875.632.06$467,716
Jul 20245,54026,68779.932.15$500,098
Jun 20241,5876,44678.082.63$140,892
May 20243,82822,50778.812.20$351,165
Apr 20244,99017,89384.451.66$451,094
Mar 20245,92024,89480.301.55$513,840
Feb 20247,70033,80676.091.78$646,191
Jan 20248,48734,80473.023.30$734,493
Dec 20237,13529,35571.262.61$585,078
Nov 20238,12836,17477.892.81$734,651
Oct 20239,93936,57085.443.09$962,090
Sep 20237,90625,61789.042.74$774,014
Aug 20236,35424,43980.522.67$576,947
Jul 20239,94333,20674.852.64$831,957
Jun 202311,28143,49368.962.26$876,166
May 202313,38247,70770.622.23$1,051,299
Apr 202313,41946,60878.122.24$1,152,590
Mar 202311,08538,61472.852.39$899,952
Feb 202312,72548,54675.112.47$1,075,474
Jan 202314,85951,54576.533.39$1,311,779
Dec 202213,16949,79876.415.73$1,291,540
Nov 202214,08853,77985.005.65$1,501,127
Oct 202215,30759,30687.185.86$1,682,220
Sep 202215,26359,68584.888.16$1,782,773
Aug 202215,99561,58794.529.13$2,073,962
Jul 202217,03557,880101.587.54$2,166,951
Jun 202217,84958,250115.097.98$2,518,913
May 202219,57264,961109.378.43$2,688,408
Apr 202220,61261,530104.226.84$2,568,900
Mar 202216,61943,622108.885.08$2,030,919
Feb 202220,56170,80891.054.86$2,216,124
Jan 202223,95183,10181.844.54$2,337,236
Dec 202126,53988,29771.323.90$2,237,042
Nov 202129,28192,68177.435.24$2,752,584
Oct 202129,85193,60479.795.71$2,916,652
Sep 202134,834102,95369.865.35$2,984,397
Aug 202142,749109,48166.024.22$3,284,363
Jul 202154,411130,73570.783.98$4,371,808
Jun 202157,541117,22369.493.38$4,394,811
May 202136,44860,96563.483.02$2,497,691
Apr 202114,89524,43160.362.76$966,453
Mar 202114,94424,41061.302.72$982,388
Feb 202115,70225,81557.805.55$1,050,796
Jan 202132,85053,29650.412.81$1,805,745
Dec 202034,74456,95244.642.68$1,703,345
Nov 202037,16059,60838.772.71$1,602,026
Oct 202034,05559,92936.972.48$1,407,543
Sep 202035,77454,89437.091.99$1,436,154
Aug 202040,63660,63539.982.39$1,769,248
Jul 202045,37866,53938.371.83$1,862,596
Jun 202047,87272,04134.901.69$1,792,504
May 202051,71375,85916.921.81$1,012,649
Apr 202046,42275,66114.751.80$821,246
Mar 202028,27839,06730.341.86$930,472

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                4,514 bbl  × $106.41 =   $480,335
Casinghead gas    39,991 Mcf  × $  3.05 =   $121,806

────────────────────────────────────────────────────
Month total                                 $602,141

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/54117 is the state's own key, not one this site invented.