TRANSCONTINENTAL PHILLIPS

Operated by FORTUNE ENERGY, INC. (P-5 278757) in the IRION, W. (CANYON) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 7899District 7CField 44710500NGPA filingOilCasinghead gasSaveExport
Value, all time
$1.2 M
Jan 1993 – May 2026
Value, last 12 filed months
$28 k
at the published price for each month
Months reported
401
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 34 leases and 63 wells, and the rule below applies to all of them.

Discovered
1967-05-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
OilDisposition20,655 bbl$1,008,105
Casinghead gasProduction58,786 Mcf$204,117
Total$1,212,222

10,912 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 31.1868, -100.8303. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.18677, -100.83035 · 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
7,800 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 7,800 ft.

Completions filed
Jun 1979
1 of 1 wells

1 well

42-2353137417,800 ftJun 1979

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 (401)

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

401 months

May 202600106.413.05$0
Apr 2026180098.932.87$17,807
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 2026179059.138.00$10,584
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 2024173069.052.20$11,946
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 2024177084.451.66$14,948
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 2023165085.443.09$14,098
Sep 20230089.042.74$0
Aug 2023177080.522.67$14,252
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 2023180078.122.24$14,062
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 2022180085.005.65$15,300
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 20221770108.885.08$19,272
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 2021179077.435.24$13,860
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 2021179069.493.38$12,439
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 2021148057.805.55$8,554
Jan 20210050.412.81$0
Dec 2020181044.642.68$8,080
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 2020178039.982.39$7,116
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 2020165057.252.09$9,446
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 2019183053.472.42$9,785
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 2019181052.782.49$9,553
May 20190258.482.74$5
Apr 2019017562.632.75$481
Mar 20191749456.803.06$10,171
Feb 2019018050.852.79$503
Jan 2019015546.033.23$500
Dec 2018021546.594.19$900
Nov 201817021152.934.24$9,892
Oct 2018022661.443.40$768
Sep 2018021959.543.11$681
Aug 201818124359.403.07$11,497
Jul 2018025965.142.93$759
Jun 2018025960.183.08$797
May 201817428165.382.90$12,191
Apr 2018024263.842.90$702
Mar 2018018061.222.79$502
Feb 2018016661.782.77$459
Jan 2018018962.874.01$758
Dec 2017019157.272.92$558
Nov 2017018455.423.12$574
Oct 201717718949.292.98$9,288
Sep 2017019447.523.09$599
Aug 2017020045.373.00$601
Jul 2017020743.873.09$639
Jun 2017019142.493.09$590
May 2017022545.373.26$734
Apr 2017017847.933.21$572
Mar 201717922646.772.98$9,046
Feb 2017018450.452.95$543
Jan 2017018349.413.42$626
Dec 2016021248.763.72$789
Nov 2016021042.492.64$555
Oct 201616322046.193.09$8,209
Sep 201617722241.553.10$8,043
Aug 2016013641.442.92$398
Jul 201605441.622.92$158
Jun 2016019945.352.69$534
May 2016016342.521.99$325
Apr 2016016436.561.99$327
Mar 201618219633.011.79$6,359
Feb 2016016726.472.06$345
Jan 2016017127.352.36$404
Dec 2015020232.362.00$404
Nov 201518420738.792.17$7,586
Oct 2015010343.552.43$250
Sep 20150042.992.76$0
Aug 2015175040.162.87$7,028
Jul 20150048.152.95$0
Jun 2015015456.152.88$444
May 2015017855.212.96$526
Apr 201517720649.822.71$9,376
Mar 2015020542.892.93$602
Feb 201517918744.662.98$8,551
Jan 2015019143.433.10$592
Dec 2014017454.693.59$625
Nov 2014013970.464.25$591
Oct 2014020878.303.90$811
Sep 2014019886.164.05$801
Aug 201418821089.394.04$17,653
Jul 2014021896.564.18$911
Jun 2014020798.164.74$981
May 201418821394.734.73$18,816
Apr 2014022795.944.81$1,092
Mar 2014018895.895.06$951
Feb 2014016597.406.19$1,022
Jan 201418918390.404.86$17,975
Dec 2013017891.824.35$775
Nov 2013016688.853.74$621
Oct 2013019797.423.78$745
Sep 2013184199104.113.72$19,896
Aug 20130203104.253.52$715
Jul 20130200102.523.72$744
Jun 201318519194.403.93$18,215
May 2013021294.834.15$880
Apr 2013017793.964.28$758
Mar 2013013493.623.91$524
Feb 201318817991.233.42$17,763
Jan 2013019991.603.42$681
Dec 2012019586.773.42$667
Nov 201217719686.953.62$16,101
Oct 2012019789.383.40$670
Sep 2012012394.672.92$359
Aug 2012019292.662.91$558
Jul 201217619085.133.02$15,557
Jun 2012019079.822.52$479
May 2012019691.612.49$488
Apr 20120194101.652.00$387
Mar 2012188197105.052.22$20,187
Feb 20120177101.102.57$455
Jan 201219118898.092.73$19,249
Dec 2011018296.873.24$590
Nov 2011018295.723.31$603
Oct 2011019284.983.65$701
Sep 201118319183.623.99$16,064
Aug 2011020183.404.15$834
Jul 2011021294.144.52$958
Jun 2011020092.904.64$928
May 201118720498.134.40$19,249
Apr 20110191105.964.33$828
Mar 2011011996.364.06$483
Feb 201109385.644.18$389
Jan 20111939686.504.59$17,135
Dec 2010014285.734.35$617
Nov 2010014480.843.80$547
Oct 201018315678.103.51$14,840
Sep 2010015072.633.98$597
Aug 2010015973.684.42$703
Jul 201017716772.554.74$13,632
Jun 2010015970.364.91$781
May 2010017871.124.24$754
Apr 2010016881.694.12$693
Mar 201018516678.394.39$15,231
Feb 2010014173.585.44$767
Jan 2010015774.365.96$936
Dec 200918616071.445.48$14,165
Nov 2009015274.593.75$570
Oct 2009016772.544.11$686
Sep 2009017065.543.06$521
Aug 200919118667.423.22$13,476
Jul 2009019361.133.46$669
Jun 200918918466.163.90$13,221
May 2009019354.743.93$758
Apr 2009018646.773.59$667
Mar 2009019042.144.06$771
Feb 200918716932.814.63$6,918
Jan 2009018635.865.37$999
Dec 2008019037.105.98$1,136
Nov 2008018555.496.86$1,269
Oct 200818317775.246.92$14,994
Sep 2008037101.767.88$291
Aug 2008011114.228.48$93
Jul 20080135131.0811.39$1,538
Jun 2008192103131.3313.03$26,558
May 20080141123.1711.57$1,632
Apr 20080152110.3110.45$1,589
Mar 2008186170101.909.66$20,596
Feb 2008015992.538.77$1,395
Jan 2008018490.388.21$1,510
Dec 200718216388.337.30$17,266
Nov 2007017491.677.29$1,269
Oct 2007018482.856.92$1,274
Sep 2007017775.846.24$1,105
Aug 200718918569.066.39$14,234
Jul 2007018970.906.39$1,207
Jun 2007018262.007.55$1,374
May 200718118358.747.85$12,068
Apr 2007017659.617.81$1,374
Mar 2007018056.927.30$1,314
Feb 200717616455.108.22$11,045
Jan 2007017550.306.73$1,177
Dec 2006018056.656.92$1,245
Nov 2006017854.207.62$1,356
Oct 200618018554.906.01$10,995
Sep 2006018260.085.04$917
Aug 2006019068.717.34$1,395
Jul 200617719269.376.34$13,496
Jun 2006018666.286.38$1,187
May 2006019266.016.42$1,234
Apr 200617918564.397.36$12,888
Mar 2006018956.707.08$1,339
Feb 2006015857.597.75$1,225
Jan 200618017860.598.93$12,496
Dec 2005017754.9413.42$2,375
Nov 2005017754.6910.59$1,874
Oct 2005018858.3413.80$2,594
Sep 200518118661.4512.08$13,369
Aug 2005018861.519.80$1,842
Jul 2005019755.697.84$1,545
Jun 200517819052.337.38$10,717
May 2005019445.226.65$1,290
Apr 2005018949.207.36$1,391
Mar 200518817150.377.15$10,693
Feb 2005015245.226.31$959
Jan 2005016243.166.32$1,024
Dec 200418916939.866.75$8,674
Nov 2004017145.286.33$1,083
Oct 2004018049.706.52$1,173
Sep 200417717943.245.28$8,599
Aug 2004018642.375.55$1,032
Jul 2004019038.286.08$1,156
Jun 200417918836.106.43$7,671
May 2004016737.486.49$1,085
Apr 2004017934.475.86$1,049
Mar 200418218034.365.53$7,249
Feb 2004013932.455.51$766
Jan 2004013732.036.30$863
Dec 200319114930.266.30$6,719
Nov 2003019428.804.60$891
Oct 2003016628.174.76$790
Sep 200317617026.314.75$5,438
Aug 2003024529.765.13$1,257
Jul 20030029.415.17$0
Jun 200309728.565.98$580
May 200319015626.595.97$5,984
Apr 200302126.675.41$114
Mar 20030031.146.10$0
Feb 2003172033.487.93$5,759
Jan 20030030.315.58$0
Dec 200202826.914.85$136
Nov 2002015824.664.14$654
Oct 2002015326.464.23$647
Sep 200217316027.443.64$5,329
Aug 2002016125.963.16$509
Jul 2002018724.583.06$573
Jun 200218114123.733.34$4,766
May 2002013124.663.58$470
Apr 2002013823.653.51$485
Mar 200217510422.003.10$4,173
Feb 2002012718.222.38$302
Jan 2002015317.172.38$363
Dec 200118716816.932.36$3,563
Nov 2001016418.072.41$395
Oct 2001016419.782.53$415
Sep 200118013324.262.25$4,666
Aug 2001015924.873.05$485
Jul 2001014623.933.20$467
Jun 200118316224.563.82$5,114
May 2001014125.524.31$607
Apr 200109124.685.34$486
Mar 200119014724.545.38$5,453
Feb 2001015027.755.77$865
Jan 2001014427.478.40$1,209
Dec 200018813426.889.12$6,276
Nov 2000013032.215.66$736
Oct 2000016831.235.15$864
Sep 200017316831.875.19$6,385
Aug 2000018529.644.54$840
Jul 200017118428.534.09$5,631
Jun 2000017429.304.40$765
May 2000018127.263.68$666
Apr 200017816624.513.12$4,880
Mar 2000017328.422.86$495
Feb 2000014327.622.73$390
Jan 200017719825.272.48$4,964
Dec 1999013924.282.42$337
Nov 199917820823.192.43$4,634
Oct 1999018520.982.80$519
Sep 1999021521.752.62$563
Aug 199917615719.262.88$3,841
Jul 1999025517.892.37$605
Jun 1999011715.942.36$276
May 199917816015.792.32$3,182
Apr 1999029515.102.21$651
Mar 199918120112.471.84$2,627
Feb 19991802589.981.82$2,265
Jan 1999016910.381.90$321
Dec 19980899.201.77$158
Nov 1998023910.892.19$522
Oct 199818121712.421.97$2,675
Sep 1998035212.592.08$733
Aug 199817538711.301.91$2,716
Jul 1998034311.742.24$767
Jun 1998032611.242.24$729
May 1998028612.622.21$631
Apr 1998029213.042.51$732
Mar 199817716712.802.31$2,651
Feb 1998023513.952.30$540
Jan 1998021514.702.15$463
Dec 199718025916.322.41$3,562
Nov 1997023718.193.09$732
Oct 1997029719.253.15$936
Sep 199717627817.742.95$3,944
Aug 1997029817.862.55$761
Jul 199717426117.582.25$3,645
Jun 1997024117.242.26$544
May 1997030018.972.31$693
Apr 199718129217.882.08$3,844
Mar 1997027918.951.94$541
Feb 1997023120.492.21$510
Jan 199716529423.483.54$4,915
Dec 1996024723.32$0
Nov 199616722121.97$3,669
Oct 1996031123.31$0
Sep 199617231322.22$3,822
Aug 1996032920.26$0
Jul 1996018419.55$0
Jun 19961755418.73$3,278
May 199606119.43$0
Apr 199604321.51$0
Mar 199616111519.38$3,120
Feb 1996015616.98$0
Jan 199616917217.07$2,885
Dec 1995024417.19$0
Nov 1995026116.00$0
Oct 199517426315.43$2,685
Sep 1995026816.18$0
Aug 199516127215.92$2,563
Jul 1995022715.24$0
Jun 1995022316.41$0
May 199515525017.56$2,722
Apr 1995022217.73$0
Mar 199515318316.44$2,515
Feb 1995019216.58$0
Jan 199517326215.92$2,754
Dec 1994019915.03$0
Nov 199416714315.90$2,655
Oct 1994015515.58$0
Sep 1994020615.29$0
Aug 199416321916.13$2,629
Jul 1994021317.56$0
Jun 1994021417.09$0
May 19949123715.88$1,445
Apr 1994030614.14$0
Mar 199413928212.46$1,732
Feb 199417127412.50$2,138
Jan 1994025312.66$0
Dec 1993025712.33$0
Nov 199316822214.49$2,434
Oct 1993029215.85$0
Sep 199315928115.03$2,390
Aug 1993028615.66$0
Jul 1993027915.46$0
Jun 199314427416.79$2,418
May 1993027217.68$0
Apr 199316924418.05$3,050
Mar 1993028118.14$0
Feb 199316925417.90$3,025
Jan 1993019616.93$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.

Apr 2026 — as filed, then multipliedworked
Oil                  180 bbl  × $ 98.93 =    $17,807
Casinghead gas         0 Mcf  × $  2.87 =         $0

────────────────────────────────────────────────────
Month total                                  $17,807

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. 7C/O/7899 is the state's own key, not one this site invented.