CALDWELL STATE 71-5

Operated by PERMIAN RESOURCES OPERATING, LLC (P-5 100852) in the TOYAH, NW (SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 246598District 08Field 908907002 tax incentive programmesCondensateGasSaveExport
Value, all time
$12.8 M
May 2008 – May 2026
Value, last 12 filed months
$59 k
at the published price for each month
Months reported
217
no gaps in the span
Streams
2
condensate, 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 53 leases and 53 wells, and the rule below applies to all of them.

Discovered
2006-04-29
as the register files it
Field class
Gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2017-08-15.

The Commission's schedule remark for this field reads: STATEWIDE.

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
High Cost Gas112012-02-29203525
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
CondensateDisposition32 bbl$3,611
GasProduction2,538,778 Mcf$12,774,174
Total$12,777,785

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 31.2917, -103.8675. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.29169, -103.86746 · 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
10,867 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 10,867 ft.

Completions filed
May 2008
1 of 1 wells

1 well

42-389324941H10,867 ftMay 2008

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 (217)

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

217 months

May 202603,129106.413.05$9,530
Apr 202601,56598.932.87$4,491
Mar 2026094589.753.15$2,976
Feb 202601,94863.503.75$7,306
Jan 202603,18659.138.00$25,481
Dec 2025069156.664.41$3,050
Nov 202501,28158.593.93$5,030
Oct 202506759.383.30$221
Sep 202501362.743.08$40
Aug 20250063.933.01$0
Jul 2025020566.743.32$680
Jun 2025011666.483.13$363
May 2025078860.553.23$2,547
Apr 202504862.363.54$170
Mar 202506267.704.27$265
Feb 20250070.884.34$0
Jan 2025055074.324.28$2,353
Dec 20240068.993.12$0
Nov 202409369.052.20$204
Oct 2024011971.372.28$271
Sep 202401,08569.612.36$2,565
Aug 202401,06275.632.06$2,192
Jul 2024075479.932.15$1,619
Jun 202401,88578.082.63$4,965
May 2024022678.812.20$497
Apr 202401,53184.451.66$2,540
Mar 2024082480.301.55$1,273
Feb 202402,45276.091.78$4,373
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 2023051185.443.09$1,578
Sep 2023037089.042.74$1,012
Aug 2023035680.522.67$952
Jul 202301,05874.852.64$2,795
Jun 2023047868.962.26$1,080
May 20230070.622.23$0
Apr 202302578.122.24$56
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 2022035176.415.73$2,011
Nov 202207,75485.005.65$43,781
Oct 202208,05987.185.86$47,256
Sep 202207,91084.888.16$64,575
Aug 202208,26594.529.13$75,436
Jul 202208,532101.587.54$64,349
Jun 202208,450115.097.98$67,407
May 202208,923109.378.43$75,248
Apr 202208,803104.226.84$60,191
Mar 202209,212108.885.08$46,764
Feb 202208,64691.054.86$42,010
Jan 2022010,69481.844.54$48,526
Dec 2021011,87971.323.90$46,318
Nov 2021012,33877.435.24$64,612
Oct 2021013,13779.795.71$75,063
Sep 2021014,70269.865.35$78,669
Aug 202103,27466.024.22$13,818
Jul 2021044670.783.98$1,776
Jun 202101,42669.493.38$4,821
May 2021010,56763.483.02$31,888
Apr 202107,84060.362.76$21,626
Mar 202105,59961.302.72$15,212
Feb 202104,33257.805.55$24,034
Jan 202108,79650.412.81$24,719
Dec 2020010,37344.642.68$27,753
Nov 202004,07738.772.71$11,035
Oct 2020013,93536.972.48$34,537
Sep 2020013,56837.091.99$27,014
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 202009,65614.751.80$17,423
Mar 2020011,08930.341.86$20,584
Feb 2020010,35149.881.98$20,502
Jan 2020011,68157.252.09$24,469
Dec 2019012,38759.012.30$28,544
Nov 2019012,00055.302.75$33,008
Oct 2019011,33753.472.42$27,419
Sep 2019010,66155.052.66$28,329
Aug 2019011,93953.112.30$27,512
Jul 2019011,80956.272.46$29,051
Jun 2019010,35952.782.49$25,806
May 201906,17858.482.74$16,930
Apr 201907,67962.632.75$21,123
Mar 2019011,38256.803.06$34,853
Feb 2019010,65250.852.79$29,743
Jan 2019013,00346.033.23$41,976
Dec 2018212,46846.594.19$52,277
Nov 201804,43352.934.24$18,784
Oct 201807,05461.443.40$23,970
Sep 2018017,13559.543.11$53,256
Aug 2018020,09059.403.07$61,607
Jul 2018023065.142.93$674
Jun 2018029460.183.08$905
May 2018036165.382.90$1,047
Apr 2018055763.842.90$1,616
Mar 201801,57861.222.79$4,398
Feb 201805,54461.782.77$15,335
Jan 201806,74962.874.01$27,059
Dec 201702,91857.272.92$8,525
Nov 201707,30355.423.12$22,773
Oct 2017030849.292.98$919
Sep 2017051647.523.09$1,593
Aug 201701,09445.373.00$3,287
Jul 2017014,50143.873.09$44,769
Jun 2017022,06242.493.09$68,112
May 201702,45145.373.26$7,999
Apr 2017081447.933.21$2,614
Mar 2017010,85846.772.98$32,397
Feb 201708,13750.452.95$24,025
Jan 2017067349.413.42$2,301
Dec 2016099848.763.72$3,715
Nov 2016011,94542.492.64$31,587
Oct 2016015,26546.193.09$47,173
Sep 2016020,23741.553.10$62,747
Aug 201602,32441.442.92$6,796
Jul 2016029841.622.92$871
Jun 201602,44045.352.69$6,553
May 201604,80042.521.99$9,557
Apr 2016010,86836.561.99$21,639
Mar 20160033.011.79$0
Feb 201605,47526.472.06$11,298
Jan 201609,41927.352.36$22,270
Dec 2015042432.362.00$849
Nov 20150038.792.17$0
Oct 201502,28143.552.43$5,535
Sep 2015052342.992.76$1,443
Aug 2015063040.162.87$1,810
Jul 2015082448.152.95$2,427
Jun 2015010,66856.152.88$30,754
May 201507,53755.212.96$22,275
Apr 201505,76149.822.71$15,593
Mar 201509,79342.892.93$28,740
Feb 2015011,23744.662.98$33,443
Jan 201507,04443.433.10$21,841
Dec 2014014,32654.693.59$51,450
Nov 2014014,57570.464.25$61,971
Oct 2014069178.303.90$2,696
Sep 2014011,05986.164.05$44,739
Aug 2014012,73289.394.04$51,375
Jul 201409,67996.564.18$40,454
Jun 2014011,55298.164.74$54,720
May 2014012,16394.734.73$57,489
Apr 201408,61795.944.81$41,440
Mar 2014012,39595.895.06$62,679
Feb 2014011,29097.406.19$69,908
Jan 2014012,14890.404.86$59,048
Dec 2013012,56991.824.35$54,731
Nov 2013012,35888.853.74$46,198
Oct 2013013,17797.423.78$49,801
Sep 2013012,990104.113.72$48,293
Aug 2013013,564104.253.52$47,781
Jul 2013014,033102.523.72$52,171
Jun 2013013,39394.403.93$52,680
May 2013015,04094.834.15$62,402
Apr 2013015,26493.964.28$65,369
Mar 2013013,81393.623.91$54,048
Feb 2013016,19391.233.42$55,379
Jan 2013015,78791.603.42$53,990
Dec 2012015,49886.773.42$53,006
Nov 2012014,34686.953.62$52,004
Oct 2012014,95089.383.40$50,825
Sep 2012014,29694.672.92$41,721
Aug 2012015,18992.662.91$44,172
Jul 2012014,97585.133.02$45,236
Jun 2012015,09979.822.52$38,035
May 2012016,09991.612.49$40,059
Apr 2012015,138101.652.00$30,228
Mar 2012017,349105.052.22$38,551
Feb 2012016,130101.102.57$41,458
Jan 2012015,90198.092.73$43,475
Dec 2011014,86496.873.24$48,156
Nov 2011017,15695.723.31$56,808
Oct 2011017,45584.983.65$63,685
Sep 2011017,20583.623.99$68,576
Aug 2011017,86783.404.15$74,136
Jul 2011018,35494.144.52$82,909
Jun 2011017,85092.904.64$82,822
May 2011019,29198.134.40$84,973
Apr 2011021,162105.964.33$91,701
Mar 2011020,29696.364.06$82,348
Feb 2011016,70385.644.18$69,818
Jan 2011020,69986.504.59$94,983
Dec 2010021,53185.734.35$93,611
Nov 2010020,50080.843.80$77,804
Oct 2010022,18478.103.51$77,841
Sep 2010021,93272.633.98$87,278
Aug 2010023,60173.684.42$104,301
Jul 2010024,78772.554.74$117,403
Jun 2010025,38170.364.91$124,631
May 2010021,26271.124.24$90,049
Apr 2010013,29881.694.12$54,824
Mar 2010025,58778.394.39$112,293
Feb 2010023,82973.585.44$129,686
Jan 2010026,61374.365.96$158,722
Dec 2009025,25371.445.48$138,481
Nov 2009027,61374.593.75$103,590
Oct 2009029,28272.544.11$120,356
Sep 2009026,18265.543.06$80,241
Aug 2009029,19267.423.22$93,954
Jul 2009028,32461.133.46$98,129
Jun 2009028,57866.163.90$111,311
May 2009029,59154.743.93$116,167
Apr 2009028,77046.773.59$103,212
Mar 2009031,23842.144.06$126,795
Feb 2009129,54532.814.63$136,915
Jan 2009132,79835.865.37$176,194
Dec 2008033,46937.105.98$200,049
Nov 2008040,77755.496.86$279,745
Oct 2008043,60075.246.92$301,798
Sep 2008041,732101.767.88$328,727
Aug 2008063,361114.228.48$537,493
Jul 2008078,071131.0811.39$889,184
Jun 2008089,810131.3313.03$1,170,461
May 200828107,414123.1711.57$1,246,690

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
Condensate             0 bbl  × $106.41 =         $0
Gas                3,129 Mcf  × $  3.05 =     $9,530

────────────────────────────────────────────────────
Month total                                   $9,530

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/G/246598 is the state's own key, not one this site invented.