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KNIGHT 4-51

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 283964District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$21.5 M
Nov 2017 – May 2026
Value, last 12 filed months
$922 k
at the published price for each month
Months reported
103
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 Gas112019-07-18223738
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
CondensateDisposition269,807 bbl$16,389,720
GasProduction1,553,424 Mcf$5,082,880
Total$21,472,600

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 31.4527, -103.5690. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.45272, -103.56897 · 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
10,483 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 10,483 ft.

Completions filed
Oct 2018
1 of 1 wells

1 well

42-389359312H10,483 ftOct 2018——

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 (103)

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

103 months

May 20266036,281106.413.05$83,296
Apr 20266266,60198.932.87$80,873
Mar 20266606,94789.753.15$81,114
Feb 20268676,41663.503.75$79,117
Jan 20266696,83959.138.00$94,256
Dec 20257306,88756.664.41$71,757
Nov 20257106,66358.593.93$67,761
Oct 20257226,84659.383.30$65,497
Sep 20258037,22162.743.08$72,599
Aug 20257127,07763.933.01$66,854
Jul 20251,0337,43266.743.32$93,581
Jun 20256437,05866.483.13$64,829
May 20258537,36360.553.23$75,449
Apr 20257027,70662.363.54$71,080
Mar 20258787,47867.704.27$91,359
Feb 20258536,76470.884.34$89,822
Jan 20258697,67674.324.28$97,427
Dec 20248859,49168.993.12$90,681
Nov 20248418,45169.052.20$76,650
Oct 20248348,96971.372.28$79,984
Sep 20249068,37269.612.36$82,861
Aug 20247948,80875.632.06$78,227
Jul 20249729,14979.932.15$97,331
Jun 20248109,06778.082.63$87,127
May 20249408,94478.812.20$93,744
Apr 20249637,68484.451.66$94,075
Mar 20249397,95780.301.55$87,696
Feb 20248238,03776.091.78$76,957
Jan 20241,0808,20573.023.30$105,919
Dec 20238778,93171.262.61$85,811
Nov 20239188,99377.892.81$96,751
Oct 20231,0628,98785.443.09$118,483
Sep 20239958,53089.042.74$111,925
Aug 20231,0108,85180.522.67$104,983
Jul 20231,0078,54474.852.64$97,945
Jun 20231,0728,77468.962.26$93,741
May 20231,2848,99670.622.23$110,714
Apr 20239727,97378.122.24$93,774
Mar 20231,2688,91172.852.39$113,699
Feb 20238057,66575.112.47$79,363
Jan 20231,23216,98076.533.39$151,808
Dec 20221,0968,20076.415.73$130,724
Nov 20221,1396,97685.005.65$136,203
Oct 20221,2528,81887.185.86$160,856
Sep 20221,0808,73784.888.16$162,996
Aug 20221,2129,04294.529.13$197,086
Jul 20221,2049,269101.587.54$192,210
Jun 20221,2098,479115.097.98$206,782
May 20221,4319,915109.378.43$240,122
Apr 20221,4519,916104.226.84$219,025
Mar 20221,53911,498108.885.08$225,935
Feb 20221,2359,01191.054.86$156,230
Jan 20221,45011,31881.844.54$170,025
Dec 20211,66910,98171.323.90$161,849
Nov 20211,48710,78377.435.24$171,607
Oct 20211,69411,28879.795.71$199,662
Sep 20211,39511,07869.865.35$156,732
Aug 20211,59911,46966.024.22$153,972
Jul 20211,59811,59570.783.98$159,279
Jun 20211,90412,30769.493.38$173,914
May 20211,71612,18663.483.02$145,705
Apr 20211,65312,05660.362.76$133,031
Mar 20211,88511,56461.302.72$146,969
Feb 20211,4449,06357.805.55$133,744
Jan 20212,11313,78850.412.81$145,264
Dec 20201,75310,89444.642.68$107,400
Nov 20201,91311,44638.772.71$105,146
Oct 20202,04113,03636.972.48$107,765
Sep 20201,99712,04737.091.99$98,055
Aug 20202,32412,85439.982.39$123,572
Jul 20202,27112,77038.371.83$110,445
Jun 20202,67313,41634.901.69$115,965
May 20202,19712,93516.921.81$60,647
Apr 20202,41514,72614.751.80$62,193
Mar 20202,80816,29230.341.86$115,436
Feb 20202,64315,83149.881.98$163,189
Jan 20203,01416,16157.252.09$206,405
Dec 20192,94616,57459.012.30$212,036
Nov 20193,10017,18455.302.75$218,698
Oct 20193,29218,70053.472.42$221,250
Sep 20193,40218,88655.052.66$237,465
Aug 20193,50820,07853.112.30$232,577
Jul 20193,67219,76056.272.46$255,234
Jun 20193,63617,73952.782.49$236,099
May 20193,64417,82758.482.74$261,953
Apr 20192,1587,82262.632.75$156,672
Mar 20197533,94756.803.06$54,857
Feb 20194,05321,50850.852.79$266,150
Jan 20194,53724,92546.033.23$289,301
Dec 20185,01426,58846.594.19$344,885
Nov 20185,54428,49052.934.24$414,163
Oct 20185,31227,77961.443.40$420,765
Sep 20185,80528,43159.543.11$433,993
Aug 20186,39830,81259.403.07$474,528
Jul 20186,68532,79665.142.93$531,615
Jun 20186,92732,24560.183.08$516,082
May 20187,68134,42265.382.90$602,035
Apr 20187,95938,99263.842.90$621,211
Mar 20189,54544,40161.222.79$708,083
Feb 20189,58643,26361.782.77$711,894
Jan 201812,90857,91462.874.01$1,043,722
Dec 201717,62280,83557.272.92$1,245,373
Nov 201724,39495,23755.423.12$1,648,899

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           603 bbl  × $106.41 =    $64,165
Gas                6,281 Mcf  × $  3.05 =    $19,131

────────────────────────────────────────────────────
Month total                                  $83,296

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/283964 is the state's own key, not one this site invented.