COLT 4-24

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 268753District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.8 M
Apr 2012 – May 2026
Value, last 12 filed months
$33 k
at the published price for each month
Months reported
170
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 Gas112016-12-08217839
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
CondensateDisposition68,251 bbl$5,016,647
GasProduction524,718 Mcf$1,786,071
Total$6,802,719

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 31.4755, -103.6307. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.47552, -103.63073 · 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
10,667 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 10,667 ft.

Completions filed
Apr 2012
1 of 1 wells

1 well

42-389330341H10,667 ftApr 2012

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 (170)

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

170 months

May 202610106.413.05$106
Apr 2026181098.932.87$17,906
Mar 202602489.753.15$76
Feb 2026013963.503.75$521
Jan 20260059.138.00$0
Dec 2025084456.664.41$3,725
Nov 2025029658.593.93$1,162
Oct 20250559.383.30$17
Sep 202501,80962.743.08$5,566
Aug 202511,41163.933.01$4,318
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 2025020660.553.23$666
Apr 202504062.363.54$142
Mar 20250267.704.27$9
Feb 20250070.884.34$0
Jan 2025038574.324.28$1,647
Dec 2024021268.993.12$662
Nov 2024030069.052.20$660
Oct 20240771.372.28$16
Sep 2024022669.612.36$534
Aug 2024024575.632.06$506
Jul 202407179.932.15$152
Jun 202401678.082.63$42
May 2024012578.812.20$275
Apr 20247243784.451.66$6,805
Mar 202488182380.301.55$72,016
Feb 2024015576.091.78$276
Jan 202418217573.023.30$13,867
Dec 2023034671.262.61$903
Nov 2023023677.892.81$663
Oct 2023048185.443.09$1,485
Sep 20230189.042.74$3
Aug 2023070980.522.67$1,895
Jul 202318543374.852.64$14,991
Jun 20230068.962.26$0
May 202301,03370.622.23$2,301
Apr 202302,73378.122.24$6,116
Mar 202307472.852.39$177
Feb 2023019275.112.47$473
Jan 2023271,10676.533.39$5,813
Dec 2022012676.415.73$722
Nov 2022185085.005.65$15,725
Oct 2022019887.185.86$1,161
Sep 202206084.888.16$490
Aug 20220094.529.13$0
Jul 20222435101.587.54$3,484
Jun 202222,167115.097.98$17,517
May 202201109.378.43$8
Apr 202201,452104.226.84$9,928
Mar 20220419108.885.08$2,127
Feb 20220091.054.86$0
Jan 2022096481.844.54$4,374
Dec 20210571.323.90$20
Nov 202101377.435.24$68
Oct 20210079.795.71$0
Sep 202101169.865.35$59
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 2021321069.493.38$22,306
May 20210063.483.02$0
Apr 202106460.362.76$177
Mar 2021011361.302.72$307
Feb 20210057.805.55$0
Jan 202102750.412.81$76
Dec 202002344.642.68$62
Nov 20200038.772.71$0
Oct 202001,19236.972.48$2,954
Sep 202006537.091.99$129
Aug 202001539.982.39$36
Jul 20200038.371.83$0
Jun 202033011334.901.69$11,708
May 2020091616.921.81$1,662
Apr 202038188114.751.80$7,209
Mar 20205751,97730.341.86$21,115
Feb 20203851,77749.881.98$22,723
Jan 20201941,27657.252.09$13,779
Dec 20195482,43159.012.30$37,939
Nov 201911,78455.302.75$4,963
Oct 2019165753.472.42$1,642
Sep 20193663,01155.052.66$28,149
Aug 20191862,80953.112.30$16,351
Jul 20193714,39856.272.46$31,696
Jun 20195694,43652.782.49$41,083
May 20193772,68458.482.74$29,402
Apr 20193831,79962.632.75$28,936
Mar 20193522,07056.803.06$26,332
Feb 201938259850.852.79$21,094
Jan 20195623,50246.033.23$37,174
Dec 20189594,64946.594.19$64,138
Nov 20185406,42452.934.24$55,802
Oct 20181582,93461.443.40$19,677
Sep 20183762,33859.543.11$29,654
Aug 20183752,46459.403.07$29,831
Jul 20183762,72365.142.93$32,476
Jun 20185491,88360.183.08$38,833
May 20183751,82665.382.90$29,814
Apr 20185603,63763.842.90$46,301
Mar 20183763,80361.222.79$33,617
Feb 20183733,37661.782.77$32,382
Jan 20185814,47462.874.01$54,465
Dec 20173853,27857.272.92$31,626
Nov 20173802,56355.423.12$29,052
Oct 20171833,03449.292.98$18,073
Sep 20173643,24447.523.09$27,312
Aug 20173703,12545.373.00$26,176
Jul 20173773,42543.873.09$27,113
Jun 20173574,34542.493.09$28,583
May 20175684,34145.373.26$39,937
Apr 20176874,09747.933.21$46,086
Mar 20173674,50846.772.98$30,615
Feb 20171854,37450.452.95$22,248
Jan 20173814,44049.413.42$34,005
Dec 20165253,57348.763.72$38,901
Nov 20163514,07242.492.64$25,682
Oct 20165124,45246.193.09$37,407
Sep 20167094,78041.553.10$44,280
Aug 20163575,25141.442.92$30,150
Jul 20165195,14341.622.92$36,641
Jun 20169085,62945.352.69$56,296
May 20165205,80042.521.99$33,658
Apr 20163626,07636.561.99$25,332
Mar 20169376,37133.011.79$42,360
Feb 20165284,08526.472.06$22,406
Jan 20163645,78227.352.36$23,626
Dec 20151804,97032.362.00$15,772
Nov 20155155,17638.792.17$31,195
Oct 20153647,07643.552.43$33,023
Sep 20155565,78642.992.76$39,863
Aug 20157186,17040.162.87$46,558
Jul 20155178,52948.152.95$50,012
Jun 20159198,10856.152.88$74,976
May 201536813,44755.212.96$60,059
Apr 20155947,74949.822.71$50,566
Mar 20151,06514,88142.892.93$89,349
Feb 20156185,42744.662.98$43,752
Jan 201538010,44043.433.10$48,874
Dec 20143802,23254.693.59$28,798
Nov 20145622,19170.464.25$48,914
Oct 20147534,76878.303.90$77,560
Sep 20141,0624,25786.164.05$108,723
Aug 20145606,95289.394.04$78,111
Jul 20141,0948,33596.564.18$140,474
Jun 20149647,33798.164.74$129,381
May 20141,0454,04094.734.73$118,088
Apr 20149515,73995.944.81$118,838
Mar 20141,4159,50595.895.06$183,749
Feb 20147807,45297.406.19$122,115
Jan 20141,4577,18790.404.86$166,647
Dec 20133876,43291.824.35$63,542
Nov 20139162,93488.853.74$92,355
Oct 20135586,32197.423.78$78,250
Sep 20131,6608,704104.113.72$205,182
Aug 20131702,147104.253.52$25,286
Jul 20136254,433102.523.72$80,556
Jun 20139734,66194.403.93$110,185
May 20132,39317,37494.834.15$299,014
Apr 20132,57523,66493.964.28$343,290
Mar 20134,65233,34793.623.91$566,003
Feb 20135,51432,24391.233.42$613,310
Jan 20137382,76391.603.42$77,050
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 2012045392.662.91$1,317
Jul 2012044485.133.02$1,341
Jun 201203579.822.52$88
May 20120091.612.49$0
Apr 20124,4764,924101.652.00$464,818

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                    0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                     $106

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/268753 is the state's own key, not one this site invented.