MEGALODON 50 WA A

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 61319District 08Field 71052900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$51.6 M
Mar 2024 – May 2026
Value, last 12 filed months
$14.4 M
at the published price for each month
Months reported
27
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 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
OilDisposition650,446 bbl$47,513,269
Casinghead gasProduction1,371,297 Mcf$4,106,319
Total$51,619,588

Wells on this lease (11)

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 32.3646, -101.1553. A lease has no coordinate of its own — that point is the mean of its wells, and they span 143.2 miles, so treat it as the lease's centre and not as its location.

32.01963, -102.14361 · 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
18.2%
2 of 11 wells
With a plug date
18.2%
2 of 11 wells
Median depth
1,600 ft
11 wells filed one
Completion to plug
24.1 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
218.2%
A plug date is filed
218.2%
BothOn the schedule and plugged. Neither fact cancels the other.
218.2%
NeitherNo plug date, and not on the schedule.
981.8%

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

Total depth in feet, 11 of 11 wells. Median 1,600 ft, with the middle half between 1,598 and 1,600 ft; the shallowest is 1,577 ft and the deepest 11,886 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

Last completion by decade, 11 of 11 wells, Nov 1974 – Mar 2024. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Nov 1974 – Mar 2024
11 of 11 wells
Plug dates filed
May 1989 – May 2011
2 of 11 wells; 9 filed none

Last completion to plug: a median of 24.1 years across the 2 wells that filed both dates, with the middle half between 19.0 years and 29.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

11 wells

42-475386661H11,886 ftMar 2024
42-33531274101,600 ftApr 1978
42-3353121291,600 ftDec 1977
42-3353116181,597 ftJul 1977
42-3353083971,590 ftMar 1977May 2011Yes
42-3353071761,600 ftAug 1976
42-3353067251,600 ftMar 1976
42-3353061441,600 ftOct 1975
42-3353055031,601 ftJun 1975
42-3353041611,598 ftJun 1975May 1989Yes
42-3353042321,577 ftNov 1974

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 (27)

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

27 months

May 202610,34837,373106.413.05$1,214,963
Apr 202611,08036,62998.932.87$1,201,259
Mar 202611,94239,05789.753.15$1,194,802
Feb 202610,64331,95963.503.75$795,687
Jan 202613,24637,89459.138.00$1,086,309
Dec 202513,91538,79656.664.41$959,645
Nov 202513,66838,81558.593.93$953,213
Oct 202518,54037,76859.383.30$1,225,722
Sep 202519,97034,84162.743.08$1,360,121
Aug 202520,33739,29163.933.01$1,418,597
Jul 202520,28442,95966.743.32$1,496,172
Jun 202520,82441,20466.483.13$1,513,295
May 202519,71236,67360.553.23$1,312,100
Apr 202513,97519,52062.363.54$940,643
Mar 202523,08140,23667.704.27$1,734,324
Feb 202521,87743,70770.884.34$1,740,367
Jan 202524,57151,10974.324.28$2,044,796
Dec 202422,87556,59568.993.12$1,754,800
Nov 202428,43159,19169.052.20$2,093,288
Oct 202430,78962,88571.372.28$2,340,877
Sep 202428,45671,69869.612.36$2,150,342
Aug 202438,99691,27075.632.06$3,137,615
Jul 202439,17882,52179.932.15$3,308,636
Jun 202443,30895,76378.082.63$3,633,726
May 202462,095101,24078.812.20$5,116,277
Apr 202457,59687,87884.451.66$5,009,789
Mar 202410,70914,42580.301.55$882,221

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               10,348 bbl  × $106.41 = $1,101,131
Casinghead gas    37,373 Mcf  × $  3.05 =   $113,832

────────────────────────────────────────────────────
Month total                               $1,214,963

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/61319 is the state's own key, not one this site invented.