BALMORHEA STATE 32-15 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 54503District 08Field 71052900OilCasinghead gasSave
Value, all time
$57.9 M
Jan 2020 – May 2026
Value, last 12 filed months
$3.4 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
OilDisposition842,097 bbl$48,098,251
Casinghead gasProduction2,751,459 Mcf$9,815,598
Total$57,913,849

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 31.3702, -103.5220. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.5 miles.

31.37024, -103.52197 · 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
10,505 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 10,503 and 10,507 ft, median 10,505 ft, over the 2 wells that filed a depth.

Completions filed
Jan 2020
2 of 2 wells

2 wells

42-389385596H10,503 ftJan 2020
42-389384278H10,507 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 20262,82514,388106.413.05$344,432
Apr 20262,33811,31198.932.87$263,758
Mar 20264,33115,92989.753.15$438,875
Feb 20263,60312,76063.503.75$276,645
Jan 20263,1339,67959.138.00$262,666
Dec 20253,28812,13056.664.41$239,832
Nov 20252,38510,49858.593.93$180,957
Oct 20259593,00059.383.30$66,860
Sep 20252,88418,66962.743.08$238,385
Aug 20254,64319,61763.933.01$355,968
Jul 20254,64816,77366.743.32$365,813
Jun 20255,35112,55166.483.13$395,003
May 20254,57812,45460.553.23$317,453
Apr 20255,41616,41762.363.54$395,909
Mar 20252,97811,44267.704.27$250,449
Feb 20254,03816,60270.884.34$358,280
Jan 20253,92212,07474.324.28$343,144
Dec 20243,86911,70268.993.12$303,449
Nov 20243,82913,05969.052.20$293,102
Oct 20243,79412,92571.372.28$300,265
Sep 20243,65413,57169.612.36$286,442
Aug 20245,26519,19375.632.06$437,799
Jul 20245,04420,92679.932.15$448,086
Jun 20245,63822,03478.082.63$498,252
May 20245,31622,70378.812.20$468,865
Apr 20244,62320,15684.451.66$423,855
Mar 20245,06515,83880.301.55$431,191
Feb 20243,41510,12376.091.78$277,903
Jan 20244,30412,31973.023.30$354,902
Dec 20235,70312,66071.262.61$439,448
Nov 20236,85413,47777.892.81$571,696
Oct 20236,79917,47785.443.09$634,863
Sep 20234,12522,81089.042.74$429,676
Aug 20232,85410,55980.522.67$258,027
Jul 20235,77522,75574.852.64$492,373
Jun 20236,36820,13068.962.26$484,600
May 20238,38820,77070.622.23$638,624
Apr 20233,46513,80978.122.24$301,587
Mar 20236,73734,04072.852.39$572,254
Feb 20236,59659,60175.112.47$642,383
Jan 20237,00352,20576.533.39$712,796
Dec 20226,52046,73076.415.73$765,913
Nov 20221,3507,13685.005.65$155,041
Oct 20226,25126,44887.185.86$700,047
Sep 20226,73033,27584.888.16$842,889
Aug 20228,11942,34594.529.13$1,153,897
Jul 20228,68443,384101.587.54$1,209,326
Jun 20228,65948,249115.097.98$1,381,456
May 20228,67543,874109.378.43$1,318,776
Apr 20228,19137,090104.226.84$1,107,273
Mar 20229,46742,307108.885.08$1,245,534
Feb 20226,56322,89491.054.86$708,799
Jan 20227,54930,99981.844.54$758,474
Dec 20219,81246,63771.323.90$881,635
Nov 202111,30955,12377.435.24$1,164,327
Oct 202111,86159,77979.795.71$1,287,959
Sep 202112,85960,09969.865.35$1,219,915
Aug 202114,19465,53566.024.22$1,213,684
Jul 202115,23567,94770.783.98$1,348,904
Jun 202116,13674,61669.493.38$1,373,539
May 202117,59372,68263.483.02$1,336,134
Apr 202118,03467,16660.362.76$1,273,804
Mar 202122,10377,72361.302.72$1,566,083
Feb 202116,03960,95557.805.55$1,265,229
Jan 202131,639106,70050.412.81$1,894,778
Dec 202022,37860,14944.642.68$1,159,880
Nov 202014,72135,50038.772.71$666,816
Oct 202022,07454,65436.972.48$951,532
Sep 202024,97660,45537.091.99$1,046,728
Aug 202027,77766,01339.982.39$1,267,972
Jul 202032,00170,21738.371.83$1,356,033
Jun 202031,11265,28534.901.69$1,196,161
May 202038,45976,85316.921.81$790,195
Apr 202037,44273,66914.751.80$685,196
Mar 202044,93984,10930.341.86$1,519,575
Feb 202052,294100,32449.881.98$2,807,133
Jan 202024,54943,40257.252.09$1,496,346

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                2,825 bbl  × $106.41 =   $300,608
Casinghead gas    14,388 Mcf  × $  3.05 =    $43,824

────────────────────────────────────────────────────
Month total                                 $344,432

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/54503 is the state's own key, not one this site invented.