OATMAN C18-26

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 268241District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.9 M
Feb 2012 – May 2026
Value, last 12 filed months
$146 k
at the published price for each month
Months reported
172
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 Gas112016-12-06217800
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
CondensateDisposition103,963 bbl$7,952,741
GasProduction796,453 Mcf$2,919,123
Total$10,871,864

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 31.5001, -103.6672. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.50014, -103.66715 · 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
10,808 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 10,808 ft.

Completions filed
Mar 2022
1 of 1 wells

1 well

42-389328851H10,808 ftMar 2022

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 (172)

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

172 months

May 202611,726106.413.05$5,364
Apr 20261811,43498.932.87$22,022
Mar 202602,18189.753.15$6,869
Feb 20261821,68963.503.75$17,891
Jan 202601,36459.138.00$10,909
Dec 202501,06856.664.41$4,713
Nov 2025016758.593.93$656
Oct 202509859.383.30$324
Sep 202518090762.743.08$14,084
Aug 20251822,27163.933.01$18,482
Jul 20251853,31566.743.32$23,337
Jun 20251792,88966.483.13$20,939
May 20251843,51860.553.23$22,513
Apr 202519249162.363.54$13,713
Mar 202502167.704.27$90
Feb 20250070.884.34$0
Jan 20251861,44274.324.28$19,993
Dec 2024088168.993.12$2,750
Nov 2024181069.052.20$12,498
Oct 20245385,19971.372.28$50,258
Sep 20241784,80269.612.36$23,744
Aug 20243584,99475.632.06$37,381
Jul 20243524,47379.932.15$37,737
Jun 20243624,72778.082.63$40,716
May 20241824,44978.812.20$24,124
Apr 20243655,22084.451.66$39,485
Mar 20243665,20280.301.55$37,428
Feb 20243514,25876.091.78$34,302
Jan 20243663,30073.023.30$37,608
Dec 20233433,91371.262.61$34,658
Nov 20231801,42077.892.81$18,007
Oct 20233713,18985.443.09$41,544
Sep 20231843,74589.042.74$26,626
Aug 20231644,27980.522.67$24,643
Jul 20232823,32874.852.64$29,900
Jun 20235354,10768.962.26$46,169
May 20231874,25170.622.23$22,675
Apr 20233633,95678.122.24$37,210
Mar 20231833,70172.852.39$22,189
Feb 20233723,36175.112.47$36,228
Jan 20235544,14976.533.39$56,453
Dec 20223774,08476.415.73$52,204
Nov 20221814,39985.005.65$40,223
Oct 20225553,93587.185.86$71,459
Sep 20223734,64684.888.16$69,589
Aug 20225494,52694.529.13$93,201
Jul 20225175,516101.587.54$94,119
Jun 20228796,151115.097.98$150,232
May 20225466,916109.378.43$118,039
Apr 20221,81214,566104.226.84$288,443
Mar 202200108.885.08$0
Feb 202202891.054.86$136
Jan 202208481.844.54$381
Dec 2021014071.323.90$546
Nov 20215262,33177.435.24$52,935
Oct 20213547,63479.795.71$71,865
Sep 20213615,61169.865.35$55,243
Aug 20213612,47866.024.22$34,292
Jul 202103,11870.783.98$12,416
Jun 20219123,11169.493.38$73,892
May 20213522,33263.483.02$29,382
Apr 202124,14960.362.76$11,565
Mar 202102,85661.302.72$7,760
Feb 20215292,88057.805.55$46,554
Jan 202103,71550.412.81$10,440
Dec 20208833,62944.642.68$49,126
Nov 20203546,15038.772.71$30,370
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20203686138.371.83$14,231
Jun 2020013434.901.69$227
May 202002,23716.921.81$4,060
Apr 20209452,86414.751.80$19,106
Mar 20201903,23930.341.86$11,777
Feb 202092953849.881.98$47,404
Jan 20201922,34657.252.09$15,906
Dec 201992455459.012.30$55,802
Nov 2019159455.302.75$1,689
Oct 201993272753.472.42$51,592
Sep 20195461,38055.052.66$33,724
Aug 20195432,25653.112.30$34,037
Jul 201937553156.272.46$22,408
Jun 20197552,20152.782.49$45,332
May 201902,30758.482.74$6,322
Apr 20193791,96862.632.75$29,150
Mar 20191911,95156.803.06$16,823
Feb 201901,96750.852.79$5,492
Jan 20193632,34146.033.23$24,266
Dec 20181921,95746.594.19$17,136
Nov 20185371,81952.934.24$36,131
Oct 20181792,92561.443.40$20,937
Sep 20183732,17359.543.11$28,962
Aug 20183772,94959.403.07$31,437
Jul 20185633,18065.142.93$45,997
Jun 20181792,97360.183.08$19,920
May 20183732,84665.382.90$32,642
Apr 20183802,40263.842.90$31,227
Mar 20181903,02961.222.79$20,073
Feb 20183693,13161.782.77$31,458
Jan 20185695,28862.874.01$56,974
Dec 20173533,30657.272.92$29,875
Nov 20177343,31355.423.12$51,009
Oct 201714,35349.292.98$13,037
Sep 20173882,76047.523.09$26,959
Aug 20175513,60545.373.00$35,830
Jul 20175624,09443.873.09$37,294
Jun 20171912,62842.493.09$16,229
May 20175193,36445.373.26$34,525
Apr 20175122,58247.933.21$32,833
Mar 20173783,36746.772.98$27,725
Feb 201782,65350.452.95$8,237
Jan 20177684,38649.413.42$52,942
Dec 20165374,37248.763.72$42,460
Nov 20163604,10442.492.64$26,149
Oct 20165274,41046.193.09$37,970
Sep 20165164,25541.553.10$34,633
Aug 201604,64741.442.92$13,589
Jul 20168735,78941.622.92$53,263
Jun 20161795,95445.352.69$24,109
May 20165265,78042.521.99$33,874
Apr 20165315,63836.561.99$30,639
Mar 20167255,70733.011.79$34,171
Feb 20169025,66626.472.06$35,568
Jan 20163356,53627.352.36$24,616
Dec 20151,0877,58932.362.00$50,364
Nov 20155227,81938.792.17$37,195
Oct 20159207,66443.552.43$58,663
Sep 20155295,89442.992.76$39,000
Aug 20153054,91240.162.87$26,358
Jul 20154745,84548.152.95$40,037
Jun 20156665,81356.152.88$54,154
May 20158376,90955.212.96$66,630
Apr 20151,4106,99849.822.71$89,187
Mar 20155317,20142.892.93$43,907
Feb 20159067,20144.662.98$61,894
Jan 20159278,55743.433.10$66,792
Dec 20141,2907,61954.693.59$97,913
Nov 20145857,13370.464.25$71,547
Oct 20141,2868,39578.303.90$133,442
Sep 20141,1058,69186.164.05$130,366
Aug 20141,4409,40489.394.04$166,668
Jul 20149838,91996.564.18$132,196
Jun 20141,0988,78398.164.74$149,384
May 20141,7778,83194.734.73$210,075
Apr 20141,4889,31195.944.81$187,536
Mar 20141,23911,04895.895.06$174,675
Feb 20141,5249,51997.406.19$207,379
Jan 20141,52912,55590.404.86$199,248
Dec 20131,68911,07391.824.35$203,301
Nov 20131,8779,99688.853.74$204,139
Oct 20131,71810,28897.423.78$206,250
Sep 20131,51511,212104.113.72$199,410
Aug 20137515,798104.253.52$98,716
Jul 20132,21812,702102.523.72$274,612
Jun 20132,75115,86894.403.93$322,110
May 20132,59521,24894.834.15$334,244
Apr 20133,51725,98193.964.28$441,723
Mar 20134,07930,85893.623.91$502,619
Feb 20135,28332,77091.233.42$594,039
Jan 20133,63219,77991.603.42$400,334
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 2012059179.822.52$1,489
May 2012047891.612.49$1,189
Apr 20120436101.652.00$871
Mar 201200105.052.22$0
Feb 20125,5986,158101.102.57$581,785

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             1 bbl  × $106.41 =       $106
Gas                1,726 Mcf  × $  3.05 =     $5,257

────────────────────────────────────────────────────
Month total                                   $5,364

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/268241 is the state's own key, not one this site invented.