PECOS UNIT

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

Gas lease lease 251508District 08Field 505265002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.3 M
Jul 2009 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
203
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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered
1975-04-21
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: CHANGED FIELD TYPE FROM EXEMPT TO ONE WELL EFFECTIVE 11/1/09.

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 Gas112009-12-16195925
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
CondensateDisposition130 bbl$9,956
GasProduction576,257 Mcf$2,243,058
Total$2,253,013

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 31.4792, -103.5781. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.47915, -103.57807 · 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
16,347 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 16,347 ft.

Completions filed
Aug 2009
1 of 1 wells

1 well

42-38932555216,347 ftAug 2009

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 (203)

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

203 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
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 20240069.052.20$0
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 20240084.451.66$0
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 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 2023127076.533.39$9,719
Dec 20220076.415.73$0
Nov 20220085.005.65$0
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 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 202007037.091.99$139
Aug 2020049939.982.39$1,190
Jul 2020054938.371.83$1,002
Jun 202001,03134.901.69$1,743
May 20200216.921.81$4
Apr 2020039514.751.80$713
Mar 2020037430.341.86$694
Feb 2020040949.881.98$810
Jan 2020044657.252.09$934
Dec 2019043359.012.30$998
Nov 2019031655.302.75$869
Oct 2019047253.472.42$1,142
Sep 2019049555.052.66$1,315
Aug 2019046353.112.30$1,067
Jul 2019050956.272.46$1,252
Jun 2019044652.782.49$1,111
May 2019049258.482.74$1,348
Apr 2019050862.632.75$1,397
Mar 2019054156.803.06$1,657
Feb 2019056550.852.79$1,578
Jan 2019057046.033.23$1,840
Dec 2018045346.594.19$1,896
Nov 2018045552.934.24$1,928
Oct 2018047461.443.40$1,611
Sep 2018045359.543.11$1,408
Aug 2018050259.403.07$1,539
Jul 2018049465.142.93$1,448
Jun 2018049360.183.08$1,517
May 2018048865.382.90$1,416
Apr 2018045963.842.90$1,331
Mar 2018045061.222.79$1,254
Feb 2018039461.782.77$1,090
Jan 2018046262.874.01$1,852
Dec 2017047757.272.92$1,394
Nov 2017049155.423.12$1,531
Oct 2017049449.292.98$1,474
Sep 2017049347.523.09$1,522
Aug 2017051445.373.00$1,544
Jul 2017052443.873.09$1,618
Jun 2017052742.493.09$1,627
May 2017054645.373.26$1,782
Apr 2017050747.933.21$1,628
Mar 2017155346.772.98$1,697
Feb 2017054150.452.95$1,597
Jan 2017060949.413.42$2,082
Dec 2016061148.763.72$2,275
Nov 2016061442.492.64$1,624
Oct 2016063246.193.09$1,953
Sep 2016068241.553.10$2,115
Aug 2016068741.442.92$2,009
Jul 2016071741.622.92$2,097
Jun 2016075045.352.69$2,014
May 2016074842.521.99$1,489
Apr 2016075536.561.99$1,503
Mar 2016083033.011.79$1,489
Feb 2016081226.472.06$1,676
Jan 2016091627.352.36$2,166
Dec 2015089532.362.00$1,791
Nov 2015096138.792.17$2,083
Oct 201501,02743.552.43$2,492
Sep 201501,06242.992.76$2,929
Aug 201501,24040.162.87$3,562
Jul 201501,57048.152.95$4,624
Jun 201501,14256.152.88$3,292
May 201501,24455.212.96$3,677
Apr 201501,26149.822.71$3,413
Mar 201501,36742.892.93$4,012
Feb 201501,37844.662.98$4,101
Jan 201501,54743.433.10$4,797
Dec 201401,31554.693.59$4,723
Nov 201401,45670.464.25$6,191
Oct 201401,54678.303.90$6,031
Sep 201401,74386.164.05$7,051
Aug 201401,86689.394.04$7,530
Jul 201401,82696.564.18$7,632
Jun 201401,74698.164.74$8,271
May 201422,39794.734.73$11,519
Apr 201405,21395.944.81$25,070
Mar 201407,03895.895.06$35,590
Feb 201405,21497.406.19$32,285
Jan 2014022490.404.86$1,089
Dec 2013013491.824.35$584
Nov 2013078388.853.74$2,927
Oct 201301,89997.423.78$7,177
Sep 201301,382104.113.72$5,138
Aug 201301,886104.253.52$6,644
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 201301,56094.834.15$6,473
Apr 201303,24293.964.28$13,884
Mar 201305,85793.623.91$22,918
Feb 2013013,40491.233.42$45,840
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201203,928101.102.57$10,096
Jan 201206,10698.092.73$16,694
Dec 201105,94696.873.24$19,263
Nov 201107,45395.723.31$24,679
Oct 201107,86584.983.65$28,696
Sep 201108,57383.623.99$34,170
Aug 201109,62583.404.15$39,937
Jul 201109,55894.144.52$43,176
Jun 2011010,36492.904.64$48,088
May 2011013,21198.134.40$58,192
Apr 201104,053105.964.33$17,563
Mar 2011010,69396.364.06$43,385
Feb 201106,92185.644.18$28,930
Jan 2011011,60886.504.59$53,267
Dec 2010013,34285.734.35$58,008
Nov 201008,73280.843.80$33,141
Oct 201008,41078.103.51$29,510
Sep 201005,56972.633.98$22,162
Aug 201009,60173.684.42$42,430
Jul 201002,66972.554.74$12,642
Jun 201001,82470.364.91$8,957
May 2010010,79771.124.24$45,728
Apr 2010010,79781.694.12$44,513
Mar 2010011,96578.394.39$52,510
Feb 2010012,61773.585.44$68,666
Jan 2010017,28074.365.96$103,059
Dec 2009020,83671.445.48$114,259
Nov 2009024,55574.593.75$92,118
Oct 2009036,29372.544.11$149,173
Sep 2009048,25265.543.06$147,880
Aug 2009071,99567.423.22$231,716
Jul 2009038,20261.133.46$132,351

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.

Jan 2023 — as filed, then multipliedworked
Condensate           127 bbl  × $ 76.53 =     $9,719
Gas                    0 Mcf  × $  3.39 =         $0

────────────────────────────────────────────────────
Month total                                   $9,719

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/251508 is the state's own key, not one this site invented.