MEERKAT STATE UNIT 17W33

Operated by VTX ENERGY OPERATING, LLC (P-5 101377) in the SANDBAR (BONE SPRING) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 58988District 08Field 80544500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$22.1 M
Dec 2022 – May 2026
Value, last 12 filed months
$2.6 M
at the published price for each month
Months reported
42
no gaps in the span
Streams
2
oil, casinghead gas

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 1,654 leases and 2,003 wells, and the rule below applies to all of them.

Discovered
2010-09-15
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 2015-08-25.

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: DKT08-0319479 ORDER NUNC PRO TUNC REGARDING SWR13

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
OilDisposition258,279 bbl$19,370,880
Casinghead gasProduction935,247 Mcf$2,692,313
Total$22,063,193

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 31.2942, -103.2197. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.29422, -103.21972 · 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
9,970 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 9,970 ft.

Completions filed
Dec 2022
1 of 1 wells

1 well

42-3894004733H9,970 ftDec 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 (42)

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

42 months

May 20262,12419,848106.413.05$286,469
Apr 20262,22319,67398.932.87$276,377
Mar 20262,73921,45789.753.15$313,403
Feb 20261,95411,26263.503.75$166,315
Jan 20262,37716,38459.138.00$271,590
Dec 20252,92219,83656.664.41$253,104
Nov 20252,90014,71658.593.93$227,692
Oct 20251,1994,92259.383.30$87,463
Sep 20251,7867,97562.743.08$136,592
Aug 20252,69911,74663.933.01$207,958
Jul 20252,63811,52066.743.32$214,251
Jun 20252,34910,66266.483.13$189,520
May 20252,40211,14960.553.23$181,478
Apr 20252,40011,45362.363.54$190,243
Mar 20252,66512,52167.704.27$233,864
Feb 20252,45212,36370.884.34$227,464
Jan 20252,97914,66574.324.28$284,146
Dec 20242,89415,32968.993.12$247,505
Nov 20242,99215,92669.052.20$241,610
Oct 20243,32318,66271.372.28$279,738
Sep 20243,09619,19869.612.36$260,904
Aug 20243,42219,54775.632.06$299,144
Jul 20243,82620,63679.932.15$350,109
Jun 20243,85520,45978.082.63$354,887
May 20243,81023,42978.812.20$351,773
Apr 20244,18927,03584.451.66$398,618
Mar 20244,79728,26380.301.55$428,869
Feb 20244,32223,18676.091.78$370,216
Jan 20244,86924,84573.023.30$437,465
Dec 20235,42326,41471.262.61$455,403
Nov 20235,65026,29977.892.81$513,915
Oct 20236,15423,76985.443.09$599,179
Sep 20236,42527,96989.042.74$648,578
Aug 20237,16132,81280.522.67$664,306
Jul 20238,01030,25074.852.64$679,463
Jun 202310,22436,49368.962.26$787,466
May 202310,42540,41870.622.23$826,241
Apr 202314,70751,12178.122.24$1,263,307
Mar 202321,26152,45772.852.39$1,674,402
Feb 202321,09732,26575.112.47$1,664,151
Jan 202334,89346,90476.533.39$2,829,259
Dec 202220,64619,40976.415.73$1,688,757

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                2,124 bbl  × $106.41 =   $226,015
Casinghead gas    19,848 Mcf  × $  3.05 =    $60,454

────────────────────────────────────────────────────
Month total                                 $286,469

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/58988 is the state's own key, not one this site invented.