OATMAN C19-4A

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 268988District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.7 M
Aug 2012 – May 2026
Value, last 12 filed months
$188 k
at the published price for each month
Months reported
166
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 Gas112016-12-08217847
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
CondensateDisposition60,367 bbl$4,872,362
GasProduction761,325 Mcf$2,781,964
Total$7,654,326

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 31.5052, -103.6383. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.50516, -103.63830 · 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
10,583 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 10,583 ft.

Completions filed
Mar 2013
1 of 1 wells

1 well

42-389333103H10,583 ftMar 2013

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 (166)

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

166 months

May 202601,098106.413.05$3,344
Apr 20261098.932.87$99
Mar 202617060589.753.15$17,163
Feb 20263371,86663.503.75$28,398
Jan 2026803,06659.138.00$29,252
Dec 2025402,61656.664.41$13,812
Nov 2025781,74958.593.93$11,437
Oct 2025106059.383.30$6,294
Sep 20251512,34562.743.08$16,689
Aug 2025532,02463.933.01$9,490
Jul 20252742,51866.743.32$26,634
Jun 20251994,04066.483.13$25,870
May 202582360.553.23$559
Apr 202509262.363.54$326
Mar 2025225067.704.27$1,703
Feb 20251316970.884.34$1,655
Jan 20251436774.324.28$2,611
Dec 202412068.993.12$828
Nov 202473069.052.20$5,041
Oct 2024861,61971.372.28$9,831
Sep 202410069.612.36$696
Aug 20245123175.632.06$4,334
Jul 20241611,18379.932.15$15,408
Jun 2024901,62778.082.63$11,313
May 202416816578.812.20$13,603
Apr 20241181,73484.451.66$12,842
Mar 20241402,44680.301.55$15,021
Feb 2024132076.091.78$10,044
Jan 2024651,42873.023.30$9,455
Dec 20231751,15171.262.61$15,475
Nov 20231441,36477.892.81$15,046
Oct 20232231,41785.443.09$23,428
Sep 2023241,41189.042.74$5,996
Aug 2023205080.522.67$16,507
Jul 20231062,24074.852.64$13,852
Jun 20233921868.962.26$3,182
May 202333846970.622.23$24,914
Apr 20231364,88778.122.24$21,560
Mar 202316072.852.39$1,166
Feb 202333075.112.47$2,479
Jan 202313167376.533.39$12,305
Dec 20222372,29976.415.73$31,280
Nov 202201,41385.005.65$7,978
Oct 20221928087.185.86$17,208
Sep 20221642,42484.888.16$33,709
Aug 20221771,18394.529.13$27,527
Jul 2022106735101.587.54$16,311
Jun 20223500115.097.98$40,282
May 20222263,652109.378.43$55,515
Apr 20224125,850104.226.84$82,939
Mar 2022040108.885.08$203
Feb 20220091.054.86$0
Jan 202204581.844.54$204
Dec 202102971.323.90$113
Nov 20210277.435.24$10
Oct 20210079.795.71$0
Sep 20213269.865.35$220
Aug 20212366.024.22$145
Jul 20211970.783.98$107
Jun 20219069.493.38$625
May 202129863.483.02$1,865
Apr 202191060.362.76$5,493
Mar 2021217761.302.72$13,321
Feb 2021752,15657.805.55$16,296
Jan 202189050.412.81$4,486
Dec 2020731844.642.68$3,307
Nov 2020982,04838.772.71$9,343
Oct 2020605336.972.48$2,350
Sep 2020497037.091.99$1,957
Aug 202024511939.982.39$10,079
Jul 20203363,44138.371.83$19,173
Jun 202038434.901.69$1,333
May 2020024416.921.81$443
Apr 202059094314.751.80$10,404
Mar 20206261,17630.341.86$21,176
Feb 20201241,60149.881.98$9,356
Jan 2020652057.252.09$3,763
Dec 201939116359.012.30$23,449
Nov 201966055.302.75$497
Oct 20193671,43653.472.42$23,097
Sep 20194001,15355.052.66$25,084
Aug 20193201,53953.112.30$20,542
Jul 20193011,85256.272.46$21,493
Jun 20192971,91252.782.49$20,439
May 20193442,38458.482.74$26,650
Apr 20192754,67762.632.75$30,088
Mar 20193043,54656.803.06$28,125
Feb 20191162,09850.852.79$11,757
Jan 20191531,57446.033.23$12,124
Dec 20181471,85046.594.19$14,592
Nov 20188381852.934.24$7,859
Oct 20181741,29961.443.40$15,105
Sep 20183413,02559.543.11$29,705
Aug 20185544,70259.403.07$47,327
Jul 20181907,59465.142.93$34,641
Jun 20184306,22460.183.08$45,028
May 20183808,23265.382.90$48,724
Apr 201852214,15363.842.90$74,380
Mar 201849310,33761.222.79$58,989
Feb 20181644,97661.782.77$23,896
Jan 2018608562.874.01$4,113
Dec 2017119157.272.92$6,818
Nov 20173702,87055.423.12$29,455
Oct 2017976,72849.292.98$24,855
Sep 20172558,10747.523.09$37,146
Aug 20172218,34445.373.00$35,095
Jul 201722510,68843.873.09$42,868
Jun 20172969,14042.493.09$40,795
May 20174225,09345.373.26$35,767
Apr 201766220,38247.933.21$97,188
Mar 20172735,71446.772.98$29,817
Feb 201718110,40050.452.95$39,838
Jan 20171217,61949.413.42$32,026
Dec 20161065,53748.763.72$25,782
Nov 2016944,97942.492.64$17,160
Oct 20161125,23946.193.09$21,363
Sep 20161043,70841.553.10$15,818
Aug 2016896,59141.442.92$22,962
Jul 2016672,91441.622.92$11,310
Jun 2016344,07845.352.69$12,495
May 20161227,65442.521.99$20,427
Apr 2016545,33236.561.99$12,590
Mar 20161118,03033.011.79$18,070
Feb 2016224,81626.472.06$10,521
Jan 2016564,99227.352.36$13,334
Dec 20151503,37832.362.00$11,615
Nov 2015695,58938.792.17$14,790
Oct 2015743,17543.552.43$10,927
Sep 201510577442.992.76$6,649
Aug 2015754,60940.162.87$16,251
Jul 20151276,73648.152.95$25,953
Jun 201566810,66356.152.88$68,248
May 20157109,70855.212.96$67,891
Apr 20155507,18049.822.71$46,834
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20154127,32843.433.10$40,615
Dec 201473613,90254.693.59$90,179
Nov 201466111,41470.464.25$95,105
Oct 20141,12215,89378.303.90$149,851
Sep 201437310,06386.164.05$72,847
Aug 201493716,91189.394.04$151,996
Jul 201483018,31796.564.18$156,703
Jun 20141,29714,62498.164.74$196,586
May 20141,58514,69494.734.73$219,599
Apr 20141,34414,49795.944.81$198,661
Mar 20141,53018,80095.895.06$241,780
Feb 201499513,83397.406.19$182,567
Jan 20141,4769,95990.404.86$181,838
Dec 20131,05611,65891.824.35$147,726
Nov 20131,56014,06788.853.74$191,192
Oct 20131,82415,25897.423.78$235,360
Sep 20132,01416,768104.113.72$272,017
Aug 20132,35723,870104.253.52$329,802
Jul 20132,91424,208102.523.72$388,742
Jun 20134,51235,32194.403.93$564,865
May 20132,99527,81394.834.15$399,414
Apr 20135,37827,07093.964.28$621,247
Mar 2013012,03593.623.91$47,091
Feb 20130091.233.42$0
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

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                1,098 Mcf  × $  3.05 =     $3,344

────────────────────────────────────────────────────
Month total                                   $3,344

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/268988 is the state's own key, not one this site invented.