HEAGNEY 4-48

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 270391District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.1 M
Feb 2013 – May 2026
Value, last 12 filed months
$238 k
at the published price for each month
Months reported
160
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 Gas112016-12-06217801
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
CondensateDisposition49,227 bbl$3,587,454
GasProduction721,017 Mcf$2,540,554
Total$6,128,009

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 31.4146, -103.6211. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.41463, -103.62108 · 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
10,687 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 10,687 ft.

Completions filed
Feb 2013
1 of 1 wells

1 well

42-389331741H10,687 ftFeb 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 (160)

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

160 months

May 202604,358106.413.05$13,274
Apr 20264614,13598.932.87$57,473
Mar 202604,21389.753.15$13,269
Feb 202605,14363.503.75$19,288
Jan 202603,75359.138.00$30,016
Dec 202504,15756.664.41$18,346
Nov 202501,26958.593.93$4,983
Oct 2025047659.383.30$1,573
Sep 20253252,76962.743.08$28,910
Aug 202503,00063.933.01$9,044
Jul 20253602,91566.743.32$33,690
Jun 202502,64466.483.13$8,272
May 20251832,88460.553.23$20,403
Apr 20251842,70262.363.54$21,048
Mar 20251802,92667.704.27$24,675
Feb 202502,69170.884.34$11,681
Jan 20251842,89574.324.28$26,062
Dec 20241862,97368.993.12$22,112
Nov 20243502,72169.052.20$30,149
Oct 20241843,12771.372.28$20,266
Sep 202403,01369.612.36$7,124
Aug 20241833,49875.632.06$21,059
Jul 20241823,36979.932.15$21,779
Jun 20241823,53678.082.63$23,524
May 20241843,17878.812.20$21,488
Apr 20241843,27984.451.66$20,979
Mar 20241833,15280.301.55$19,565
Feb 20241833,00876.091.78$19,290
Jan 20241833,01073.023.30$23,289
Dec 20231803,06971.262.61$20,839
Nov 20231863,14977.892.81$23,329
Oct 202303,46885.443.09$10,707
Sep 20233693,18589.042.74$41,567
Aug 20231813,44480.522.67$23,780
Jul 202303,12074.852.64$8,242
Jun 20231691,95968.962.26$16,079
May 20231862,96770.622.23$19,744
Apr 202303,18878.122.24$7,134
Mar 202336091372.852.39$28,411
Feb 2023078275.112.47$1,928
Jan 2023386576.533.39$3,160
Dec 202237387076.415.73$33,485
Nov 2022087785.005.65$4,952
Oct 202212,30387.185.86$13,591
Sep 20223312,27484.888.16$46,659
Aug 202222,81294.529.13$25,855
Jul 202221,418101.587.54$10,898
Jun 20223562,288115.097.98$59,224
May 20221863,699109.378.43$51,537
Apr 20221793,709104.226.84$44,016
Mar 20221773,657108.885.08$37,836
Feb 202203,01991.054.86$14,669
Jan 20221332,66481.844.54$22,973
Dec 20213682,45271.323.90$35,806
Nov 202111,94777.435.24$10,274
Oct 20213742,44879.795.71$43,829
Sep 202102,68269.865.35$14,351
Aug 20213472,87266.024.22$35,030
Jul 202123,26070.783.98$13,123
Jun 20213542,89469.493.38$34,383
May 20211803,08463.483.02$20,733
Apr 20211812,81560.362.76$18,690
Mar 20213541,98361.302.72$27,088
Feb 202102,36357.805.55$13,110
Jan 20213503,17350.412.81$26,560
Dec 2020153,10844.642.68$8,985
Nov 20203573,07738.772.71$22,169
Oct 202002,92036.972.48$7,237
Sep 20203533,17937.091.99$19,422
Aug 20203542,93139.982.39$21,144
Jul 202013,35438.371.83$6,160
Jun 20203702,64734.901.69$17,387
May 202003,58916.921.81$6,513
Apr 20203783,57214.751.80$12,021
Mar 20201903,14130.341.86$11,595
Feb 20203622,69849.881.98$23,400
Jan 20203572,43157.252.09$25,531
Dec 201912,75059.012.30$6,396
Nov 20193791,90055.302.75$26,185
Oct 201912,27753.472.42$5,560
Sep 20193683,34255.052.66$29,139
Aug 20193713,40853.112.30$27,557
Jul 201912,92356.272.46$7,247
Jun 20197462,64152.782.49$45,953
May 201902,95258.482.74$8,089
Apr 20193162,85962.632.75$27,655
Mar 20193823,79456.803.06$33,315
Feb 20193483,11050.852.79$26,380
Jan 20193783,90746.033.23$30,012
Dec 201812,48346.594.19$10,439
Nov 20181812,32352.934.24$19,423
Oct 20183481,83561.443.40$27,617
Sep 20181881,44759.543.11$15,691
Aug 20181883,31459.403.07$21,330
Jul 20185573,70865.142.93$47,154
Jun 20181793,31460.183.08$20,969
May 20183733,86965.382.90$35,610
Apr 201814,04763.842.90$11,803
Mar 20183785,16161.222.79$37,524
Feb 20183713,69161.782.77$33,130
Jan 201812,99262.874.01$12,059
Dec 20172042,98457.272.92$20,401
Nov 201713,32355.423.12$10,418
Oct 20175713,31549.292.98$38,035
Sep 201763,25047.523.09$10,319
Aug 20173953,28045.373.00$27,776
Jul 201713,11443.873.09$9,658
Jun 20177564,12042.493.09$44,842
May 201724,71545.373.26$15,478
Apr 20173927,23047.933.21$42,008
Mar 201743,94046.772.98$11,943
Feb 201707550.452.95$221
Jan 20170049.413.42$0
Dec 20161893,51548.763.72$22,301
Nov 20163753,93542.492.64$26,339
Oct 20163634,69546.193.09$31,276
Sep 20165535,21641.553.10$39,150
Aug 20161795,14541.442.92$22,463
Jul 20161665,52241.622.92$23,057
Jun 20165345,77145.352.69$39,717
May 20163495,86242.521.99$26,511
Apr 20163685,79636.561.99$24,994
Mar 20163657,87033.011.79$26,168
Feb 20163776,94426.472.06$24,309
Jan 201656210,29627.352.36$39,714
Dec 20153696,67532.362.00$25,300
Nov 201503,31338.792.17$7,180
Oct 20153392,17743.552.43$20,046
Sep 20151651,14342.992.76$10,246
Aug 201501,35340.162.87$3,886
Jul 201503,04448.152.95$8,965
Jun 201508056.152.88$231
May 20156545,86255.212.96$53,432
Apr 20155128,52149.822.71$48,571
Mar 20155065,62942.892.93$38,222
Feb 20153392,53044.662.98$22,670
Jan 20151746,48843.433.10$27,674
Dec 20145331,64654.693.59$35,061
Nov 2014163,76070.464.25$17,114
Oct 20143654,95178.303.90$47,893
Sep 20145734,94286.164.05$69,362
Aug 20147337,30689.394.04$95,003
Jul 20143564,35796.564.18$52,586
Jun 201475811,56198.164.74$129,168
May 201465410,26494.734.73$110,467
Apr 201494011,81795.944.81$147,013
Mar 20147507,20095.895.06$108,326
Feb 2014385,43997.406.19$37,379
Jan 20141,0597,73590.404.86$133,331
Dec 20133903,76891.824.35$52,217
Nov 20133775,27288.853.74$53,205
Oct 20131,28214,42197.423.78$179,395
Sep 201395019,916104.113.72$172,947
Aug 20131,23713,677104.253.52$177,136
Jul 20131,34111,725102.523.72$181,070
Jun 20132,95728,63594.403.93$391,774
May 20132,76942,21794.834.15$437,746
Apr 20131,06728,73593.964.28$223,316
Mar 20131,57214,76593.623.91$204,944
Feb 201307,02091.233.42$24,008

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                4,358 Mcf  × $  3.05 =    $13,274

────────────────────────────────────────────────────
Month total                                  $13,274

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/270391 is the state's own key, not one this site invented.