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POINT WHITE

Operated by CRESCENT ENERGY OPERATING, LLC (P-5 103575) 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 54527District 08Field 71052900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$52.2 M
May 2020 – May 2026
Value, last 12 filed months
$3.4 M
at the published price for each month
Months reported
73
no gaps in the span
Streams
2
oil, casinghead gas

The PHANTOM (WOLFCAMP) 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 7,755 leases and 10,539 wells, and the rule below applies to all of them.

Discovered
1983-06-23
as the register files it
Field class
Oil and gas
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 20 acres. The field rule took effect on 2017-08-01.

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: “FOR THE FOLLOWING API 389-37515.”

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
OilDisposition698,411 bbl$45,382,150
Casinghead gasProduction1,759,319 Mcf$6,825,980
Total$52,208,131

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 31.4519, -103.2163. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.45186, -103.21627 · 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
11,185 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 11,185 ft.

Completions filed
Oct 2020
1 of 1 wells

1 well

42-475379781H11,185 ftOct 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 (73)

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

73 months

May 20262,2654,026106.413.05$253,281
Apr 20262,3376,77398.932.87$250,636
Mar 20263,0129,84389.753.15$301,327
Feb 20263,23111,73263.503.75$249,167
Jan 20263,53913,11459.138.00$314,146
Dec 20253,60913,38456.664.41$263,554
Nov 20253,80812,70958.593.93$273,012
Oct 20253,0769,76259.383.30$214,915
Sep 20253,68412,34662.743.08$269,122
Aug 20253,95013,35263.933.01$292,777
Jul 20254,91412,71666.743.32$370,116
Jun 20255,04110,92466.483.13$369,304
May 20256,46418,92760.553.23$452,573
Apr 20255,53813,35262.363.54$392,657
Mar 20255,57813,08667.704.27$433,486
Feb 20253,44712,00770.884.34$296,444
Jan 20254,49210,75474.324.28$379,858
Dec 20246,26912,48268.993.12$471,459
Nov 20246,31312,01169.052.20$462,318
Oct 20246,12219,14971.372.28$480,614
Sep 20245,82016,67769.612.36$444,561
Aug 20246,08317,70975.632.06$496,602
Jul 20244,89317,33379.932.15$428,304
Jun 20244,67715,28478.082.63$405,438
May 20244,64113,34578.812.20$395,095
Apr 20244,46012,32184.451.66$397,090
Mar 20245,93418,52580.301.55$505,124
Feb 20245,44616,82576.091.78$444,396
Jan 20245,60918,08673.023.30$469,211
Dec 20236,59415,27671.262.61$509,770
Nov 20238,13217,94777.892.81$683,789
Oct 20239,86921,18585.443.09$908,611
Sep 20237,59918,41389.042.74$726,975
Aug 20238,05115,98480.522.67$690,990
Jul 20236,37412,95474.852.64$511,316
Jun 20234,81810,79768.962.26$356,634
May 20238,19725,74970.622.23$636,225
Apr 20238,52627,01078.122.24$726,493
Mar 20239,70531,06472.852.39$781,350
Feb 202341185275.112.47$32,971
Jan 20230076.533.39$0
Dec 20225,01618,24476.415.73$487,794
Nov 20228,80230,88285.005.65$922,536
Oct 20229,99234,57687.185.86$1,073,848
Sep 20229,37534,27784.888.16$1,075,576
Aug 202210,09832,73694.529.13$1,253,250
Jul 202210,51133,618101.587.54$1,321,257
Jun 202210,49032,325115.097.98$1,465,157
May 202210,80229,177109.378.43$1,427,466
Apr 202210,50731,323104.226.84$1,309,214
Mar 202210,53840,578108.885.08$1,353,368
Feb 20229,72227,75591.054.86$1,020,045
Jan 202210,70533,41581.844.54$1,027,724
Dec 202110,78239,08071.323.90$921,350
Nov 202110,27636,14277.435.24$984,941
Oct 202110,87036,48179.795.71$1,075,765
Sep 20217,57425,56269.865.35$665,900
Aug 202110,70129,38466.024.22$830,498
Jul 202112,76238,45570.783.98$1,056,425
Jun 202114,91637,79769.493.38$1,164,290
May 202115,59935,94763.483.02$1,098,701
Apr 202115,66342,50460.362.76$1,062,663
Mar 202121,39449,45061.302.72$1,445,805
Feb 202119,78449,19657.805.55$1,416,452
Jan 202123,22443,39050.412.81$1,292,659
Dec 202022,91442,83944.642.68$1,137,495
Nov 202019,92639,44038.772.71$879,278
Oct 202023,51851,07636.972.48$996,049
Sep 202024,94864,72837.091.99$1,054,197
Aug 202042,25861,38439.982.39$1,835,882
Jul 202030,98653,69538.371.83$1,286,933
Jun 202020,2379,46234.901.69$722,265
May 202010,9938,61616.921.81$201,637

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                2,265 bbl  × $106.41 =   $241,019
Casinghead gas     4,026 Mcf  × $  3.05 =    $12,263

────────────────────────────────────────────────────
Month total                                 $253,281

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/54527 is the state's own key, not one this site invented.