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TARVIN STATE 2

Operated by PDC PERMIAN, INC. (P-5 646832) 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 283261District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$16.9 M
Aug 2017 – May 2026
Value, last 12 filed months
$633 k
at the published price for each month
Months reported
106
no gaps in the span
Streams
2
condensate, gas

The PHANTOM (WOLFCAMP) field

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 Gas112018-03-01221361
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
CondensateDisposition135,613 bbl$8,147,274
GasProduction2,664,060 Mcf$8,770,783
Total$16,918,057

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 31.5213, -103.6759. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.52131, -103.67590 · 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
10,429 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 10,429 ft.

Completions filed
Sep 2017
1 of 1 wells

1 well

42-38935895A 4H10,429 ftSep 2017——

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 (106)

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

106 months

May 202638310,566106.413.05$72,937
Apr 20261934,41198.932.87$31,752
Mar 20263708,05389.753.15$58,570
Feb 20261907,90463.503.75$41,708
Jan 20265288,19859.138.00$96,788
Dec 20251969,11356.664.41$51,324
Nov 20252008,20358.593.93$43,927
Oct 20253967,71359.383.30$49,005
Sep 202518410,43762.743.08$43,658
Aug 20251906,12463.933.01$30,609
Jul 20253899,32166.743.32$56,863
Jun 20253919,48466.483.13$55,666
May 202507,61460.553.23$24,611
Apr 20251908,19662.363.54$40,888
Mar 202538410,74567.704.27$71,860
Feb 202578215,50270.884.34$122,720
Jan 202558114,55774.324.28$105,465
Dec 202457615,24768.993.12$87,330
Nov 20243789,52669.052.20$47,043
Oct 20243807,13171.372.28$43,389
Sep 202438913,32069.612.36$58,572
Aug 202438714,59475.632.06$59,385
Jul 202457013,61079.932.15$74,775
Jun 202456113,72678.082.63$79,957
May 202418512,36078.812.20$41,753
Apr 202457614,74984.451.66$73,115
Mar 202457215,35780.301.55$69,660
Feb 202457614,24076.091.78$69,227
Jan 202438412,76373.023.30$70,128
Dec 202338915,86871.262.61$69,147
Nov 202358516,40777.892.81$91,629
Oct 202356516,19085.443.09$98,257
Sep 202375416,02489.042.74$110,962
Aug 202340016,86980.522.67$77,297
Jul 202355817,01774.852.64$86,722
Jun 202355416,34668.962.26$75,121
May 202337013,96670.622.23$57,237
Apr 202377817,61878.122.24$100,202
Mar 202356317,53072.852.39$82,967
Feb 202375215,16075.112.47$93,862
Jan 202356118,35476.533.39$105,112
Dec 202238313,92876.415.73$109,060
Nov 202292217,45285.005.65$176,907
Oct 202236118,18587.185.86$138,104
Sep 202269817,88584.888.16$205,254
Aug 202252319,16994.529.13$224,392
Jul 202268819,366101.587.54$215,947
Jun 202286819,026115.097.98$251,672
May 202270619,784109.378.43$244,054
Apr 202271419,717104.226.84$209,230
Mar 202290220,804108.885.08$203,819
Feb 202256918,73891.054.86$142,852
Jan 202273319,66081.844.54$149,200
Dec 202172322,18471.323.90$138,062
Nov 202171421,41977.435.24$167,453
Oct 202174022,36279.795.71$186,818
Sep 202192022,17469.865.35$182,923
Aug 20211,05323,47266.024.22$168,585
Jul 202170624,18770.783.98$146,285
Jun 202186623,34469.493.38$139,096
May 20211,07025,32563.483.02$144,346
Apr 202188525,23360.362.76$123,022
Mar 20211,06726,49461.302.72$137,390
Feb 202135215,77657.805.55$107,870
Jan 20211,22025,66450.412.81$133,623
Dec 20201,37426,22144.642.68$131,489
Nov 202068526,07138.772.71$97,120
Oct 20201,13528,10336.972.48$111,612
Sep 20201,09827,86437.091.99$96,203
Aug 20201,30429,32139.982.39$122,067
Jul 20201,11328,95138.371.83$95,545
Jun 20201,51228,71734.901.69$101,309
May 20201,28430,17416.921.81$76,484
Apr 20201,30129,51214.751.80$72,441
Mar 20201,44831,22430.341.86$101,891
Feb 20201,31129,65449.881.98$124,127
Jan 20201,47732,15557.252.09$151,915
Dec 20191,48632,90259.012.30$163,507
Nov 20191,29832,84355.302.75$162,121
Oct 20192,04028,08853.472.42$177,011
Sep 20191,45828,88355.052.66$157,013
Aug 20191,82228,63153.112.30$162,743
Jul 20191,96928,47656.272.46$180,848
Jun 20192,02027,45052.782.49$174,999
May 20191,83428,43758.482.74$185,179
Apr 20192,62928,44762.632.75$242,903
Mar 20192,42333,93356.803.06$241,533
Feb 20192,42734,13850.852.79$218,734
Jan 20192,23542,19046.033.23$239,074
Dec 20181,86744,58146.594.19$273,575
Nov 20183,38143,97252.934.24$365,276
Oct 20182,22546,22661.443.40$293,784
Sep 20182,02645,69559.543.11$262,648
Aug 20182,72550,50259.403.07$316,732
Jul 20183,64055,88765.142.93$400,964
Jun 20183,08755,49860.183.08$356,539
May 20183,47850,36165.382.90$373,479
Apr 20183,15548,67163.842.90$342,600
Mar 20182,74551,58761.222.79$311,814
Feb 20183,32953,53661.782.77$353,753
Jan 20184,75869,54162.874.01$577,948
Dec 20176,30283,45257.272.92$604,722
Nov 20177,176104,65455.423.12$724,043
Oct 20179,246104,97849.292.98$768,956
Sep 20171,49721,07347.523.09$136,196
Aug 20170045.373.00$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           383 bbl  × $106.41 =    $40,755
Gas               10,566 Mcf  × $  3.05 =    $32,182

────────────────────────────────────────────────────
Month total                                  $72,937

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/283261 is the state's own key, not one this site invented.