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EADY B 4 59-60

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 284042District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$25.7 M
Sep 2017 – May 2026
Value, last 12 filed months
$785 k
at the published price for each month
Months reported
105
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 Gas112019-07-18223739
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
CondensateDisposition313,970 bbl$18,396,094
GasProduction2,261,630 Mcf$7,308,195
Total$25,704,290

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 31.4719, -103.5755. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.47191, -103.57548 · 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
10,457 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 10,457 ft.

Completions filed
Jun 2018
1 of 1 wells

1 well

42-389359532H10,457 ftJun 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 (105)

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

105 months

May 2026191944106.413.05$23,200
Apr 202624097198.932.87$26,530
Mar 202623963789.753.15$23,456
Feb 20262182,08563.503.75$21,662
Jan 20265308,22259.138.00$97,098
Dec 20256756,27756.664.41$65,948
Nov 20256965,56158.593.93$62,614
Oct 202573910,70459.383.30$79,257
Sep 20251,1738,59162.743.08$100,028
Aug 20251,2649,31663.933.01$108,893
Jul 20259609,48166.743.32$95,502
Jun 20257689,40066.483.13$80,467
May 202561510,00560.553.23$69,578
Apr 202573110,77062.363.54$83,745
Mar 202582711,46467.704.27$104,920
Feb 202567710,95170.884.34$95,522
Jan 202585813,59174.324.28$121,918
Dec 202489817,25868.993.12$115,822
Nov 202473516,76569.052.20$87,609
Oct 20241,14717,95271.372.28$122,817
Sep 202465116,12069.612.36$83,430
Aug 202493515,61375.632.06$102,934
Jul 202464415,88479.932.15$85,571
Jun 202486915,66578.082.63$109,113
May 202476715,61078.812.20$94,765
Apr 202472014,35584.451.66$84,622
Mar 202470515,68080.301.55$80,839
Feb 202476813,97876.091.78$83,369
Jan 20241,16715,22773.023.30$135,428
Dec 202388715,43971.262.61$103,515
Nov 20231,01715,31377.892.81$122,206
Oct 20231,04414,39585.443.09$133,641
Sep 20231,0949,98589.042.74$124,719
Aug 20231,57021,12880.522.67$182,889
Jul 20231,28916,86974.852.64$141,046
Jun 20231,1849,47168.962.26$103,039
May 20231,15612,37070.622.23$109,190
Apr 20231,08211,45578.122.24$110,159
Mar 20231,11211,79972.852.39$109,246
Feb 202377111,06375.112.47$85,188
Jan 20231,25223,48976.533.39$175,390
Dec 20221,12512,45776.415.73$157,328
Nov 202287711,71785.005.65$140,702
Oct 20221,27113,46887.185.86$189,779
Sep 20221,06111,99484.888.16$187,973
Aug 20221,09515,23894.529.13$242,579
Jul 20221,17118,523101.587.54$258,652
Jun 20221,45818,023115.097.98$311,574
May 20221,55419,574109.378.43$335,029
Apr 20221,31218,492104.226.84$263,178
Mar 20221,57317,049108.885.08$257,816
Feb 20221,3189,24891.054.86$164,938
Jan 20221,44714,54381.844.54$184,414
Dec 20211,56816,80271.323.90$177,343
Nov 20211,61119,08177.435.24$224,664
Oct 20211,66415,80679.795.71$223,084
Sep 20211,55417,89469.865.35$204,312
Aug 20211,51416,75266.024.22$170,658
Jul 20211,30112,81170.783.98$143,099
Jun 20211,50312,99369.493.38$148,368
May 20211,70713,79663.483.02$149,992
Apr 20211,78013,73460.362.76$145,325
Mar 20211,80613,72461.302.72$147,995
Feb 20211,64915,43857.805.55$180,961
Jan 20212,25322,04650.412.81$175,529
Dec 20202,17020,61644.642.68$152,026
Nov 20201,89522,65138.772.71$134,776
Oct 20202,18622,85536.972.48$137,461
Sep 20202,17123,88537.091.99$128,078
Aug 20202,46624,49939.982.39$157,023
Jul 20202,32824,29938.371.83$133,674
Jun 20202,46721,45734.901.69$122,367
May 20202,48324,44616.921.81$86,376
Apr 20202,56924,66914.751.80$82,405
Mar 20202,70024,87330.341.86$128,088
Feb 20202,93021,97149.881.98$189,666
Jan 20202,94623,52957.252.09$217,946
Dec 20193,18321,29259.012.30$236,893
Nov 20192,77822,72955.302.75$216,144
Oct 20193,40128,38053.472.42$250,490
Sep 20193,61327,95955.052.66$273,191
Aug 20193,57627,09453.112.30$252,356
Jul 20194,12131,49156.272.46$309,358
Jun 20194,23728,94052.782.49$295,724
May 20194,59331,73258.482.74$355,554
Apr 20195,21231,74962.632.75$413,760
Mar 20194,92035,25956.803.06$387,423
Feb 20195,22833,69850.852.79$359,936
Jan 20195,26829,20246.033.23$336,755
Dec 20185,13928,83946.594.19$360,130
Nov 20185,23223,10752.934.24$374,840
Oct 20183,33313,55861.443.40$250,851
Sep 20181,5755,79859.543.11$111,796
Aug 20187,63942,07659.403.07$582,785
Jul 20189,06051,49465.142.93$741,143
Jun 20188,97449,03460.183.08$690,929
May 201810,74756,45865.382.90$866,412
Apr 201811,93462,34263.842.90$942,708
Mar 201814,06268,03761.222.79$1,050,484
Feb 201811,41145,78861.782.77$831,627
Jan 20183,01610,43162.874.01$231,437
Dec 2017514557.272.92$710
Nov 201717,00382,10055.423.12$1,198,324
Oct 201730,320138,54849.292.98$1,907,856
Sep 201725,04291,54447.523.09$1,472,618

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           191 bbl  × $106.41 =    $20,324
Gas                  944 Mcf  × $  3.05 =     $2,875

────────────────────────────────────────────────────
Month total                                  $23,200

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/284042 is the state's own key, not one this site invented.