POTOMAC 29-2 UNIT

Operated by ANADARKO E&P ONSHORE LLC (P-5 20528) 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 54863District 08Field 71052900OilCasinghead gasSave
Value, all time
$241.9 M
Mar 2020 – May 2026
Value, last 12 filed months
$19.0 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
OilDisposition3,672,396 bbl$221,063,890
Casinghead gasProduction5,988,434 Mcf$20,828,494
Total$241,892,384

Wells on this lease (8)

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 31.8120, -103.4425. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

31.81190, -103.44019 · 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 8 wells
With a plug date
0.0%
0 of 8 wells
Median depth
12,014 ft
8 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.
8100.0%

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

0k
2k
4k
6k
8k
10k
12k
15k
20k+

Total depth in feet, 8 of 8 wells. Median 12,014 ft, with the middle half between 11,910 and 12,215 ft; the shallowest is 11,827 ft and the deepest 12,960 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

20s

Last completion by decade, 8 of 8 wells, May 2020. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
May 2020
8 of 8 wells

8 wells

42-301347805H12,960 ftMay 2020
42-301347836H11,965 ftMay 2020
42-301347867H12,269 ftMay 2020
42-301349158HR11,869 ftMay 2020
42-301346221H12,062 ftMay 2020
42-301346262H11,924 ftMay 2020
42-301346513H12,197 ftMay 2020
42-301346534H11,827 ftMay 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 202618,83596,340106.413.05$2,297,669
Apr 202619,46577,21698.932.87$2,147,261
Mar 202615,69959,60789.753.15$1,596,714
Feb 202611,27543,94663.503.75$880,774
Jan 202618,40566,20159.138.00$1,617,758
Dec 202518,50890,77456.664.41$1,449,282
Nov 202517,13371,16158.593.93$1,283,232
Oct 202517,39265,78459.383.30$1,250,143
Sep 202519,52965,17462.743.08$1,425,785
Aug 202525,41672,20463.933.01$1,842,523
Jul 202523,79651,54966.743.32$1,759,040
Jun 202520,47030,35266.483.13$1,455,809
May 202519,60934,56860.553.23$1,299,060
Apr 202522,14837,54362.363.54$1,514,169
Mar 202528,62640,14567.704.27$2,109,332
Feb 202524,07732,16870.884.34$1,846,214
Jan 202526,93237,71574.324.28$2,162,957
Dec 202426,46637,13568.993.12$1,941,801
Nov 202423,78635,94769.052.20$1,721,451
Oct 202422,38233,54971.372.28$1,673,942
Sep 202418,57427,87069.612.36$1,358,831
Aug 202421,95248,35375.632.06$1,760,012
Jul 202422,75733,60579.932.15$1,891,103
Jun 202421,91641,51678.082.63$1,820,554
May 202423,17346,67678.812.20$1,928,879
Apr 202421,78336,74084.451.66$1,900,533
Mar 202421,66137,62180.301.55$1,797,508
Feb 202422,17734,44376.091.78$1,748,882
Jan 202420,90731,60973.023.30$1,630,865
Dec 202323,37232,55871.262.61$1,750,489
Nov 202322,57433,62577.892.81$1,852,693
Oct 202324,43029,67585.443.09$2,178,914
Sep 202329,51637,15189.042.74$2,729,714
Aug 202331,19835,95580.522.67$2,608,166
Jul 202332,37746,33874.852.64$2,545,834
Jun 202332,46543,89968.962.26$2,337,931
May 202337,53172,94470.622.23$2,812,915
Apr 202333,87363,41678.122.24$2,788,069
Mar 202337,50065,03872.852.39$2,887,521
Feb 202335,28255,08475.112.47$2,785,851
Jan 202339,82361,46876.533.39$3,255,891
Dec 202234,91359,84576.415.73$3,010,559
Nov 202234,15168,61985.005.65$3,290,272
Oct 202240,20658,63587.185.86$3,848,981
Sep 202241,73574,10084.888.16$4,147,395
Aug 202242,73175,02294.529.13$4,723,672
Jul 202242,08978,986101.587.54$4,871,119
Jun 202239,50667,888115.097.98$5,088,302
May 202241,98484,142109.378.43$5,301,363
Apr 202241,33974,123104.226.84$4,815,174
Mar 202246,68158,911108.885.08$5,381,683
Feb 202244,26039,03591.054.86$4,219,538
Jan 202250,94153,61681.844.54$4,412,304
Dec 202152,49373,38571.323.90$4,029,938
Nov 202151,77367,44977.435.24$4,362,004
Oct 202159,861149,78179.795.71$5,632,138
Sep 202159,18189,05869.865.35$4,610,927
Aug 202163,871126,04366.024.22$4,748,739
Jul 202160,79893,87370.783.98$4,677,092
Jun 202163,86192,49569.493.38$4,750,391
May 202175,421108,77963.483.02$5,115,984
Apr 202179,490108,97760.362.76$5,098,621
Mar 202194,145141,53161.302.72$6,155,620
Feb 202183,408138,50657.805.55$5,589,407
Jan 202194,985143,76750.412.81$5,192,218
Dec 2020101,540114,34144.642.68$4,838,660
Nov 2020110,754191,83338.772.71$4,813,142
Oct 2020125,358187,32236.972.48$5,098,750
Sep 2020125,821206,58237.091.99$5,078,014
Aug 2020161,76872,49939.982.39$6,640,402
Jul 2020187,614216,62838.371.83$7,594,121
Jun 2020260,849445,28134.901.69$9,856,293
May 2020264,079432,72016.921.81$5,253,495
Apr 20200014.751.80$0
Mar 20200030.341.86$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               18,835 bbl  × $106.41 = $2,004,232
Casinghead gas    96,340 Mcf  × $  3.05 =   $293,436

────────────────────────────────────────────────────
Month total                               $2,297,669

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/54863 is the state's own key, not one this site invented.