UL BALDWIN 352623-21 E

Operated by WPX ENERGY PERMIAN, LLC (P-5 942623) 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 54831District 08Field 71052900OilCasinghead gasSave
Value, all time
$48.3 M
Jul 2020 – May 2026
Value, last 12 filed months
$5.0 M
at the published price for each month
Months reported
71
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
OilDisposition554,823 bbl$42,275,040
Casinghead gasProduction1,454,776 Mcf$6,044,022
Total$48,319,062

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 31.7330, -103.1971. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.73299, -103.19706 · 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
10,904 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 10,904 ft.

Completions filed
Jan 2022
1 of 1 wells

1 well

42-495345055H10,904 ftJan 2022

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 (71)

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

71 months

May 20264,91218,629106.413.05$579,427
Apr 20264,76918,82898.932.87$525,828
Mar 20264,57719,65789.753.15$472,694
Feb 20264,14817,65263.503.75$329,599
Jan 20265,70420,14459.138.00$498,388
Dec 20255,50315,46956.664.41$380,070
Nov 20254051,04058.593.93$27,812
Oct 20255,32524,49959.383.30$397,164
Sep 20255,66222,28962.743.08$423,815
Aug 20256,42923,42463.933.01$481,624
Jul 20255,74514,48766.743.32$431,449
Jun 20255,57320,51166.483.13$434,666
May 20256,91918,24560.553.23$477,919
Apr 20251,8494,24062.363.54$130,326
Mar 20254,70115,09067.704.27$382,667
Feb 20255,75217,77370.884.34$484,852
Jan 20256,24120,15874.324.28$550,081
Dec 20246,16718,95268.993.12$484,618
Nov 20246,09619,27569.052.20$463,304
Oct 20246,21420,01371.372.28$489,151
Sep 20246,06921,04269.612.36$472,214
Aug 20247,47524,03975.632.06$614,942
Jul 20243,2707,13579.932.15$276,687
Jun 20245,15914,09278.082.63$439,933
May 20245,76615,24178.812.20$487,925
Apr 20246,47317,97684.451.66$576,471
Mar 20244,5719,16080.301.55$381,205
Feb 20243,19311,49676.091.78$263,460
Jan 20246,87823,89273.023.30$581,019
Dec 20236,89521,90371.262.61$548,520
Nov 20237,97925,33877.892.81$692,622
Oct 20238,00025,35985.443.09$761,810
Sep 20238,37623,36889.042.74$809,711
Aug 20238,22916,25280.522.67$706,039
Jul 20233,86710,04374.852.64$315,977
Jun 20238,09823,22368.962.26$610,887
May 20234,92010,56570.622.23$370,983
Apr 202310,02827,27878.122.24$844,429
Mar 20235,61310,25672.852.39$433,451
Feb 20232,4536,78775.112.47$200,979
Jan 20237,90224,83376.533.39$688,867
Dec 20227,82124,10976.415.73$735,725
Nov 20227,73923,46885.005.65$790,320
Oct 20228,61527,20087.185.86$910,550
Sep 20228,85728,03784.888.16$980,667
Aug 20229,57228,92894.529.13$1,168,776
Jul 20229,53329,049101.587.54$1,187,452
Jun 20229,22126,386115.097.98$1,271,731
May 202210,36330,728109.378.43$1,392,532
Apr 202211,13432,643104.226.84$1,383,585
Mar 202211,97536,315108.885.08$1,488,187
Feb 202212,45532,21791.054.86$1,290,565
Jan 20229,38421,07081.844.54$863,595
Dec 202113,53834,54071.323.90$1,100,206
Nov 202114,24035,96877.435.24$1,290,962
Oct 202116,44539,64179.795.71$1,538,650
Sep 202118,66843,16369.865.35$1,535,108
Aug 202123,55745,65866.024.22$1,747,937
Jul 20219,96716,09170.783.98$769,540
Jun 202120,60037,23569.493.38$1,557,371
May 202129,10648,19063.483.02$1,993,070
Apr 202127,12645,96860.362.76$1,764,124
Mar 202125,97141,38961.302.72$1,704,474
Feb 20215,0317,13057.805.55$330,349
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0

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                4,912 bbl  × $106.41 =   $522,686
Casinghead gas    18,629 Mcf  × $  3.05 =    $56,741

────────────────────────────────────────────────────
Month total                                 $579,427

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/54831 is the state's own key, not one this site invented.