OATMAN C18-27

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

Gas lease lease 266259District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.4 M
Dec 2011 – May 2026
Value, last 12 filed months
$251 k
at the published price for each month
Months reported
174
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 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.

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 Gas112016-12-08217832
NGPA2none

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
CondensateDisposition63,808 bbl$4,814,069
GasProduction1,049,118 Mcf$3,578,551
Total$8,392,620

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 31.4999, -103.6324. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.49989, -103.63240 · 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
10,032 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 10,032 ft.

Completions filed
Dec 2011
1 of 1 wells

1 well

42-389328841H10,032 ftDec 2011

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 (174)

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

174 months

May 20261823,235106.413.05$29,220
Apr 20261791,67498.932.87$22,512
Mar 20261822,83589.753.15$25,263
Feb 20261852,64963.503.75$21,682
Jan 20261813,70659.138.00$40,343
Dec 20251873,23656.664.41$24,877
Nov 202502,52558.593.93$9,914
Oct 2025053259.383.30$1,758
Sep 202502,71362.743.08$8,348
Aug 20251833,34763.933.01$21,790
Jul 20251823,36866.743.32$23,312
Jun 20251793,30366.483.13$22,234
May 20251823,38460.553.23$21,958
Apr 20251793,57362.363.54$23,822
Mar 20251763,76667.704.27$27,990
Feb 20251853,40570.884.34$27,893
Jan 20251863,80174.324.28$30,087
Dec 20241833,21168.993.12$22,648
Nov 20241833,60869.052.20$20,568
Oct 20241823,92971.372.28$21,953
Sep 20241823,91269.612.36$21,918
Aug 20241813,87575.632.06$21,686
Jul 20241814,11779.932.15$23,305
Jun 20241724,08478.082.63$24,187
May 20241814,28678.812.20$23,687
Apr 20243524,11784.451.66$36,557
Mar 20241844,31980.301.55$21,449
Feb 20241813,98076.091.78$20,871
Jan 20241833,47773.023.30$24,829
Dec 20233773,63271.262.61$36,347
Nov 20231863,58677.892.81$24,555
Oct 20231893,79085.443.09$27,849
Sep 20233723,76989.042.74$43,431
Aug 20231703,86180.522.67$24,008
Jul 20231843,56774.852.64$23,196
Jun 20235103,78068.962.26$43,707
May 2023354070.622.23$24,999
Apr 20231854,63678.122.24$24,826
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20233076.533.39$230
Dec 2022014776.415.73$842
Nov 202213,31085.005.65$18,774
Oct 20223684,66487.185.86$59,431
Sep 20223387,45284.888.16$89,525
Aug 202203,23794.529.13$29,545
Jul 202200101.587.54$0
Jun 202202115.097.98$16
May 202200109.378.43$0
Apr 20223677,436104.226.84$89,093
Mar 20220651108.885.08$3,305
Feb 20220091.054.86$0
Jan 2022011281.844.54$508
Dec 2021030571.323.90$1,189
Nov 2021010377.435.24$539
Oct 20210079.795.71$0
Sep 202109169.865.35$487
Aug 20211562,15966.024.22$19,411
Jul 20211783,56970.783.98$26,811
Jun 202177829169.493.38$55,047
May 202124,16763.483.02$12,702
Apr 202102,85360.362.76$7,870
Mar 202101,01061.302.72$2,744
Feb 202102,16857.805.55$12,028
Jan 202104,00050.412.81$11,241
Dec 20203503,02444.642.68$23,715
Nov 202002,43038.772.71$6,577
Oct 202002,62036.972.48$6,493
Sep 202004,60037.091.99$9,159
Aug 202002,14739.982.39$5,121
Jul 20201863,41838.371.83$13,375
Jun 2020097434.901.69$1,646
May 202002,45516.921.81$4,455
Apr 202002,43914.751.80$4,401
Mar 20205612,70430.341.86$22,040
Feb 202003,61149.881.98$7,152
Jan 202002,92857.252.09$6,133
Dec 201905,62059.012.30$12,951
Nov 201901,55755.302.75$4,283
Oct 20191922,66853.472.42$16,719
Sep 20191883,90355.052.66$20,721
Aug 20193743,62453.112.30$28,214
Jul 201902,71756.272.46$6,684
Jun 20191894,64252.782.49$21,540
May 201904,10258.482.74$11,241
Apr 20193654,12962.632.75$34,218
Mar 20191724,35456.803.06$23,102
Feb 20191925,55950.852.79$25,285
Jan 20193485,26946.033.23$33,028
Dec 20183415,67346.594.19$39,631
Nov 20183805,42252.934.24$43,088
Oct 20181895,21561.443.40$29,333
Sep 20183755,94059.543.11$40,789
Aug 201804,35059.403.07$13,340
Jul 20183584,95165.142.93$37,836
Jun 20181865,63160.183.08$28,520
May 20181905,60665.382.90$28,684
Apr 20185676,53363.842.90$55,148
Mar 20181896,83461.222.79$30,616
Feb 20185696,01361.782.77$51,786
Jan 20183756,73562.874.01$50,579
Dec 20175736,70357.272.92$52,399
Nov 20173686,15755.423.12$39,594
Oct 20171826,89249.292.98$29,534
Sep 20173536,18247.523.09$35,860
Aug 20173116,81845.373.00$34,594
Jul 20173826,82943.873.09$37,841
Jun 20173806,79642.493.09$37,127
May 20171696,85845.373.26$30,048
Apr 20173486,33447.933.21$37,022
Mar 20171885,05346.772.98$23,869
Feb 20171987,12250.452.95$31,018
Jan 20173807,99549.413.42$46,109
Dec 20161876,71848.763.72$34,128
Nov 20165277,43442.492.64$42,050
Oct 20161707,70246.193.09$31,653
Sep 20165056,91541.553.10$42,424
Aug 20165568,62241.442.92$48,254
Jul 20167068,48241.622.92$54,188
Jun 201608,52645.352.69$22,899
May 20165338,38242.521.99$39,352
Apr 20163597,53836.561.99$28,134
Mar 20161,0528,52433.011.79$50,019
Feb 20163637,65326.472.06$25,402
Jan 20163638,22527.352.36$29,375
Dec 20151769,66732.362.00$25,043
Nov 20155367,82838.792.17$37,757
Oct 20153597,82243.552.43$34,615
Sep 20155328,84242.992.76$47,261
Aug 20155008,53840.162.87$44,605
Jul 20153328,46548.152.95$40,916
Jun 20153117,32156.152.88$38,568
May 201551310,48655.212.96$59,314
Apr 20151,0639,65049.822.71$79,077
Mar 20153657,41842.892.93$37,425
Feb 20155027,41844.662.98$44,497
Jan 20156618,40843.433.10$54,777
Dec 20143138,11054.693.59$46,244
Nov 20145539,03470.464.25$77,376
Oct 20145648,88978.303.90$78,837
Sep 201475810,32386.164.05$107,070
Aug 201455510,74789.394.04$92,977
Jul 201472110,89396.564.18$115,148
Jun 20145628,54098.164.74$95,619
May 20141,00510,15794.734.73$143,211
Apr 201440410,90895.944.81$91,218
Mar 201471312,23695.895.06$130,245
Feb 20141,31710,62597.406.19$194,066
Jan 201491313,68890.404.86$149,069
Dec 201378113,21891.824.35$129,269
Nov 201377313,36588.853.74$118,643
Oct 20131,13715,79897.423.78$170,473
Sep 201394118,212104.113.72$165,675
Aug 201392216,695104.253.52$154,928
Jul 20131,06016,099102.523.72$168,523
Jun 20131,23417,29394.403.93$184,510
May 20131,45223,92594.834.15$236,960
Apr 20131,83429,87293.964.28$300,252
Mar 20131,67739,15293.623.91$310,197
Feb 20133,06248,32991.233.42$444,627
Jan 20131,64313,70991.603.42$197,382
Dec 20125535,28886.773.42$66,070
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 2012053092.662.91$1,541
Jul 2012037285.133.02$1,124
Jun 201207079.822.52$176
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 20123,43246,544101.102.57$466,604
Jan 20121,3671,13998.092.73$137,203
Dec 20112,1122,32396.873.24$212,115

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           182 bbl  × $106.41 =    $19,367
Gas                3,235 Mcf  × $  3.05 =     $9,853

────────────────────────────────────────────────────
Month total                                  $29,220

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/266259 is the state's own key, not one this site invented.