JOBE STATE 70-1

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 251668District 08Field 908907002 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.8 M
Dec 2007 – May 2026
Value, last 12 filed months
$460
at the published price for each month
Months reported
222
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 Gas112009-10-15182386
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
CondensateDisposition49 bbl$3,754
GasProduction1,458,448 Mcf$7,764,063
Total$7,767,817

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 31.3889, -103.7951. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.38892, -103.79510 · 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
12,192 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 12,192 ft.

Completions filed
Dec 2007
1 of 1 wells

1 well

42-389324642H12,192 ftDec 2007

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 (222)

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

222 months

May 202608106.413.05$24
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 202602263.503.75$83
Jan 202602659.138.00$208
Dec 202503356.664.41$146
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 20250562.363.54$18
Mar 20250567.704.27$21
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240569.052.20$11
Oct 20240071.372.28$0
Sep 20240869.612.36$19
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240778.812.20$15
Apr 2024010184.451.66$168
Mar 202406380.301.55$97
Feb 202401276.091.78$21
Jan 202401073.023.30$33
Dec 20230571.262.61$13
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230289.042.74$5
Aug 20230580.522.67$13
Jul 20230074.852.64$0
Jun 202303268.962.26$72
May 20230070.622.23$0
Apr 20230478.122.24$9
Mar 202307372.852.39$175
Feb 202304675.112.47$113
Jan 202302876.533.39$95
Dec 202204976.415.73$281
Nov 202204485.005.65$248
Oct 202205387.185.86$311
Sep 202203684.888.16$294
Aug 202209894.529.13$894
Jul 2022037101.587.54$279
Jun 20220724115.097.98$5,775
May 202200109.378.43$0
Apr 20220247104.226.84$1,689
Mar 20220550108.885.08$2,792
Feb 2022096391.054.86$4,679
Jan 20220081.844.54$0
Dec 2021012471.323.90$483
Nov 202104677.435.24$241
Oct 202102079.795.71$114
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 202108650.412.81$242
Dec 202007,27244.642.68$19,456
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 2020073814.751.80$1,332
Mar 2020046030.341.86$854
Feb 202002,11949.881.98$4,197
Jan 202002,11757.252.09$4,435
Dec 201902,11859.012.30$4,881
Nov 201902,11955.302.75$5,829
Oct 201901,62453.472.42$3,928
Sep 201902,90355.052.66$7,714
Aug 201901,74953.112.30$4,030
Jul 201902,66256.272.46$6,549
Jun 201902,86752.782.49$7,142
May 201903,48258.482.74$9,542
Apr 201901,66762.632.75$4,585
Mar 201905,50956.803.06$16,869
Feb 201904,81650.852.79$13,447
Jan 201908,80146.033.23$28,411
Dec 201816,98946.594.19$29,299
Nov 201806,87752.934.24$29,140
Oct 201808,20661.443.40$27,885
Sep 201803,74459.543.11$11,636
Aug 201808,28459.403.07$25,403
Jul 201807,62165.142.93$22,344
Jun 201806,98960.183.08$21,505
May 2018011,13165.382.90$32,289
Apr 201807,13763.842.90$20,703
Mar 201801,16061.222.79$3,233
Feb 2018082761.782.77$2,288
Jan 201801,16262.874.01$4,659
Dec 201701,01857.272.92$2,974
Nov 201701,03555.423.12$3,228
Oct 201702,16149.292.98$6,448
Sep 201701,70147.523.09$5,251
Aug 201703,02545.373.00$9,088
Jul 201705,81243.873.09$17,943
Jun 201706,40942.493.09$19,786
May 201706,81945.373.26$22,253
Apr 201707,05647.933.21$22,661
Mar 201707,74146.772.98$23,097
Feb 201704,36450.452.95$12,885
Jan 201703,58149.413.42$12,243
Dec 201606,06948.763.72$22,594
Nov 201606,40742.492.64$16,942
Oct 201602,06846.193.09$6,391
Sep 201601,71041.553.10$5,302
Aug 201602,59541.442.92$7,589
Jul 201602,71141.622.92$7,928
Jun 201603,14645.352.69$8,450
May 201602,15842.521.99$4,297
Apr 201601,79336.561.99$3,570
Mar 201601,56433.011.79$2,806
Feb 201601,72926.472.06$3,568
Jan 201601,51727.352.36$3,587
Dec 201501,30532.362.00$2,612
Nov 201501,51738.792.17$3,288
Oct 201501,02143.552.43$2,478
Sep 201503,25042.992.76$8,965
Aug 201505,41940.162.87$15,566
Jul 201505,04048.152.95$14,843
Jun 201504,52556.152.88$13,045
May 201503,44955.212.96$10,193
Apr 201503,20849.822.71$8,683
Mar 201501,23442.892.93$3,621
Feb 2015054344.662.98$1,616
Jan 201501,44943.433.10$4,493
Dec 201403,56254.693.59$12,792
Nov 201406,35870.464.25$27,033
Oct 201407,26478.303.90$28,337
Sep 201404,58586.164.05$18,548
Aug 201406,72189.394.04$27,120
Jul 201404,07396.564.18$17,024
Jun 201408,55098.164.74$40,500
May 201408,46994.734.73$40,029
Apr 201408,80195.944.81$42,325
Mar 201403,23095.895.06$16,333
Feb 201403,71797.406.19$23,016
Jan 201408,56890.404.86$41,647
Dec 201308,32391.824.35$36,242
Nov 201308,15388.853.74$30,478
Oct 201308,66197.423.78$32,733
Sep 201308,536104.113.72$31,735
Aug 201308,975104.253.52$31,615
Jul 201308,906102.523.72$33,110
Jun 201308,34494.403.93$32,820
May 201309,25794.834.15$38,408
Apr 201309,39493.964.28$40,231
Mar 201309,63793.623.91$37,708
Feb 201309,24291.233.42$31,607
Jan 201309,30491.603.42$31,819
Dec 201203,74586.773.42$12,809
Nov 201207,20286.953.62$26,107
Oct 2012011,24089.383.40$38,212
Sep 201203,46994.672.92$10,124
Aug 201209,27092.662.91$26,959
Jul 201209,61285.133.02$29,036
Jun 201208,95779.822.52$22,563
May 2012010,00791.612.49$24,901
Apr 201209,803101.652.00$19,575
Mar 2012010,358105.052.22$23,016
Feb 201209,921101.102.57$25,499
Jan 2012010,69098.092.73$29,227
Dec 2011010,90096.873.24$35,313
Nov 2011010,71495.723.31$35,477
Oct 2011011,12984.983.65$40,605
Sep 2011010,92683.623.99$43,549
Aug 2011011,61583.404.15$48,194
Jul 2011012,07094.144.52$54,523
Jun 2011012,10992.904.64$56,184
May 2011013,03798.134.40$57,426
Apr 2011013,118105.964.33$56,844
Mar 2011014,04096.364.06$56,965
Feb 2011010,99885.644.18$45,971
Jan 2011011,77286.504.59$54,019
Dec 2010014,60885.734.35$63,512
Nov 2010014,16180.843.80$53,746
Oct 201008,14078.103.51$28,562
Sep 20101412,54372.633.98$50,931
Aug 2010313,30873.684.42$59,034
Jul 2010313,74472.554.74$65,316
Jun 2010013,81370.364.91$67,827
May 2010014,72471.124.24$62,359
Apr 2010011,12081.694.12$45,844
Mar 2010011,82878.394.39$51,909
Feb 2010013,94173.585.44$75,872
Jan 2010016,27274.365.96$97,048
Dec 2009015,43071.445.48$84,614
Nov 2009014,64274.593.75$54,929
Oct 2009011,60172.544.11$47,683
Sep 2009017,40365.543.06$53,336
Aug 2009020,02867.423.22$64,460
Jul 2009020,36861.133.46$70,565
Jun 2009221,09166.163.90$82,282
May 2009020,74754.743.93$81,448
Apr 2009010,53046.773.59$37,776
Mar 2009114,19642.144.06$57,664
Feb 2009320,68032.814.63$95,909
Jan 2009124,76735.865.37$133,059
Dec 2008026,88937.105.98$160,719
Nov 2008027,59055.496.86$189,277
Oct 2008030,87375.246.92$213,702
Sep 2008016,125101.767.88$127,018
Aug 2008026,757114.228.48$226,980
Jul 2008023,704131.0811.39$269,975
Jun 2008025,219131.3313.03$328,670
May 2008036,552123.1711.57$423,063
Apr 2008041,059110.3110.45$429,266
Mar 2008058,618101.909.66$566,488
Feb 20082168,18892.538.77$599,991
Jan 2008029,97290.388.21$245,942
Dec 200707,00988.337.30$51,180

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                    8 Mcf  × $  3.05 =        $24

────────────────────────────────────────────────────
Month total                                      $24

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/251668 is the state's own key, not one this site invented.