STATE-JUDGE 48-3 WS XIV

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 54207District 08Field 71052900OilCasinghead gasSave
Value, all time
$53.7 M
Jan 2020 – May 2026
Value, last 12 filed months
$5.1 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
OilDisposition680,968 bbl$47,112,992
Casinghead gasProduction1,768,494 Mcf$6,538,382
Total$53,651,374

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 31.7518, -103.5041. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.75183, -103.50405 · 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
11,459 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 11,459 ft.

Completions filed
Jan 2020
1 of 1 wells

1 well

42-3013442314H11,459 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 20264,92617,446106.413.05$577,313
Apr 20265,44021,56298.932.87$600,056
Mar 20266,40620,03589.753.15$638,038
Feb 20265,57719,18063.503.75$426,071
Jan 20264,98216,63659.138.00$427,639
Dec 20255,56219,36756.664.41$400,616
Nov 20255,56416,10058.593.93$389,210
Oct 20255,44615,02059.383.30$373,022
Sep 20255,20515,35662.743.08$373,811
Aug 20254,70212,88363.933.01$339,438
Jul 20254,2929,18966.743.32$316,911
Jun 20253,7399,28466.483.13$277,616
May 20253,4228,06560.553.23$233,271
Apr 20252,74510,18962.363.54$207,279
Mar 20251,5917,67667.704.27$140,474
Feb 2025289070.884.34$20,484
Jan 20253,50711,45474.324.28$309,648
Dec 20245,50231,47968.993.12$477,841
Nov 20246,43426,09969.052.20$501,645
Oct 20246,32924,54771.372.28$507,702
Sep 20245,70119,66169.612.36$443,332
Aug 20244,29316,80375.632.06$359,355
Jul 20246,30525,96079.932.15$559,684
Jun 20246,03522,61278.082.63$530,772
May 20247,16126,84578.812.20$623,376
Apr 20245,35717,72684.451.66$481,810
Mar 20244,59215,69180.301.55$392,982
Feb 20246,61422,05476.091.78$542,596
Jan 20247,53721,19773.023.30$620,252
Dec 20237,95622,07971.262.61$624,587
Nov 20235,06516,20577.892.81$440,009
Oct 20236,76919,27985.443.09$637,863
Sep 20237,57120,42989.042.74$729,996
Aug 20236,20319,95180.522.67$552,792
Jul 20238,29326,78174.852.64$691,481
Jun 20236,31921,13968.962.26$483,500
May 20237,34922,59470.622.23$569,312
Apr 20238,32628,15378.122.24$713,427
Mar 20238,65627,25372.852.39$695,810
Feb 20237,97023,48775.112.47$656,538
Jan 20239,23529,01276.533.39$805,039
Dec 20229,95226,61476.415.73$912,906
Nov 20228,71622,34285.005.65$867,007
Oct 202210,05928,95787.185.86$1,046,741
Sep 202210,20726,68184.888.16$1,084,185
Aug 202210,70428,02294.529.13$1,267,503
Jul 202212,10528,942101.587.54$1,447,909
Jun 202210,09823,974115.097.98$1,353,424
May 202211,33125,981109.378.43$1,458,370
Apr 202211,39426,740104.226.84$1,370,320
Mar 202211,69628,941108.885.08$1,420,377
Feb 202211,43927,74091.054.86$1,176,305
Jan 202212,46628,79781.844.54$1,150,889
Dec 202112,93525,83871.323.90$1,023,270
Nov 202112,92828,01577.435.24$1,147,725
Oct 202113,59931,08779.795.71$1,262,691
Sep 202113,74031,59869.865.35$1,128,955
Aug 202114,68434,11266.024.22$1,113,410
Jul 202115,22135,54170.783.98$1,218,869
Jun 202115,45435,86569.493.38$1,195,144
May 202117,18340,40163.483.02$1,212,694
Apr 202117,58638,97960.362.76$1,169,011
Mar 202118,86540,77161.302.72$1,267,197
Feb 202111,56424,12357.805.55$802,232
Jan 202115,68434,71750.412.81$888,195
Dec 202016,57835,87344.642.68$836,019
Nov 202014,13930,49438.772.71$630,703
Oct 202015,06229,24636.972.48$629,326
Sep 202016,47633,14837.091.99$677,094
Aug 202013,84126,28439.982.39$616,053
Jul 20209,40118,01838.371.83$393,601
Jun 2020169034.901.69$5,898
May 20200916.921.81$16
Apr 20208,68918,22914.751.80$161,055
Mar 202014,25827,84630.341.86$484,276
Feb 202020,04234,35049.881.98$1,067,731
Jan 20207,73613,74157.252.09$471,670

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                4,926 bbl  × $106.41 =   $524,176
Casinghead gas    17,446 Mcf  × $  3.05 =    $53,138

────────────────────────────────────────────────────
Month total                                 $577,313

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/54207 is the state's own key, not one this site invented.