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PISTOL C18-24

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 284260District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$25.2 M
Aug 2017 – May 2026
Value, last 12 filed months
$1.3 M
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 Gas112019-07-01223459
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
CondensateDisposition282,575 bbl$16,778,314
GasProduction2,546,237 Mcf$8,396,120
Total$25,174,434

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 31.4728, -103.6452. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.47277, -103.64522 · 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
10,121 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 10,121 ft.

Completions filed
Aug 2017
1 of 1 wells

1 well

42-389360171H10,121 ftAug 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 202695312,279106.413.05$138,809
Apr 202694312,09298.932.87$127,992
Mar 20261,09912,15489.753.15$136,914
Feb 20263718,98663.503.75$57,259
Jan 202693211,96559.138.00$150,804
Dec 202593612,19056.664.41$106,833
Nov 202584410,60558.593.93$91,090
Oct 20251,03111,80759.383.30$100,241
Sep 202580011,35762.743.08$85,137
Aug 202578711,65663.933.01$85,453
Jul 202595711,93666.743.32$103,440
Jun 202580811,44466.483.13$89,521
May 20251,03613,01760.553.23$104,805
Apr 202597813,01962.363.54$107,116
Mar 202591913,66267.704.27$120,530
Feb 202581111,94570.884.34$109,335
Jan 202596912,59674.324.28$125,910
Dec 20241,02212,45768.993.12$109,391
Nov 202491911,97669.052.20$89,785
Oct 20241,00512,58671.372.28$100,441
Sep 20241,18212,08269.612.36$110,845
Aug 20241,05212,37775.632.06$105,104
Jul 20241,10812,90179.932.15$116,256
Jun 2024999078.082.63$78,002
May 202494013,11778.812.20$102,918
Apr 202488211,37584.451.66$93,358
Mar 20241,19913,66980.301.55$117,400
Feb 202498312,23576.091.78$96,619
Jan 20241,05713,41473.023.30$121,417
Dec 20231,16714,11371.262.61$120,006
Nov 20231,05013,31277.892.81$119,159
Oct 20231,23914,22185.443.09$149,764
Sep 20231,17113,50789.042.74$141,208
Aug 20231,12014,05280.522.67$127,742
Jul 20231,06614,75874.852.64$118,778
Jun 20231,18114,14468.962.26$113,386
May 20231,31315,08770.622.23$126,329
Apr 20231,28314,74978.122.24$133,233
Mar 20231,36315,43272.852.39$136,226
Feb 20231,13313,91075.112.47$119,397
Jan 20231,26929,31976.533.39$196,441
Dec 20221,82312,62976.415.73$211,648
Nov 20221,30713,11785.005.65$185,156
Oct 20221,46514,34687.185.86$211,840
Sep 20221,10614,02184.888.16$208,340
Aug 20221,53515,83394.529.13$289,599
Jul 20221,38815,707101.587.54$259,456
Jun 20221,43715,226115.097.98$286,845
May 20221,60515,232109.378.43$303,991
Apr 20221,53117,953104.226.84$282,316
Mar 20221,08416,155108.885.08$200,035
Feb 202254091.054.86$4,917
Jan 202295813,60281.844.54$140,124
Dec 20211,63319,98071.323.90$194,370
Nov 20212,35423,61677.435.24$305,944
Oct 20211,74625,45879.795.71$284,777
Sep 20212,00124,86369.865.35$272,830
Aug 20211,98525,42466.024.22$238,354
Jul 20212,11525,35170.783.98$250,649
Jun 20212,01124,62669.493.38$222,996
May 20212,31726,34163.483.02$226,572
Apr 20212,30625,72860.362.76$210,159
Mar 20212,22026,57961.302.72$208,300
Feb 20211,82620,08957.805.55$216,996
Jan 20212,46524,46050.412.81$193,000
Dec 20202,39825,09044.642.68$174,174
Nov 20202,31324,77938.772.71$156,741
Oct 20202,54626,03636.972.48$158,654
Sep 20202,50424,86737.091.99$142,385
Aug 20202,54825,90839.982.39$163,662
Jul 20202,75026,37538.371.83$153,655
Jun 20202,66125,07234.901.69$135,248
May 20202,80026,74616.921.81$95,913
Apr 20202,61225,68214.751.80$84,867
Mar 20203,07826,74830.341.86$143,037
Feb 20202,54223,44249.881.98$173,226
Jan 20202,64422,53157.252.09$198,566
Dec 20192,53823,16759.012.30$203,152
Nov 20192,92229,04155.302.75$241,470
Oct 20193353.472.42$168
Sep 20192,29421,01555.052.66$182,127
Aug 20192,82027,54253.112.30$213,237
Jul 20192,88426,82156.272.46$228,264
Jun 20192,38419,30852.782.49$173,928
May 20192,89725,09558.482.74$238,185
Apr 20193,17023,79162.632.75$263,979
Mar 20193,35926,15756.803.06$270,887
Feb 20194,35336,39650.852.79$322,976
Jan 20195,08942,68846.033.23$372,051
Dec 20185,41948,43746.594.19$455,201
Nov 20185,53246,74752.934.24$490,887
Oct 20185,96249,37361.443.40$534,079
Sep 20183,15123,83559.543.11$261,690
Aug 20186,23550,85259.403.07$526,300
Jul 20186,16952,62165.142.93$556,127
Jun 20186,59850,56960.183.08$552,664
May 20187,29055,77065.382.90$638,398
Apr 20185,45042,50763.842.90$471,232
Mar 20187,56256,80561.222.79$621,252
Feb 20186,76853,43661.782.77$565,937
Jan 20188,70262,38762.874.01$797,224
Dec 20179,54762,97057.272.92$730,725
Nov 201710,50872,28355.423.12$807,758
Oct 201714,18292,84949.292.98$976,062
Sep 201718,98298,07147.523.09$1,204,797
Aug 20176,26038,58645.373.00$399,944

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           953 bbl  × $106.41 =   $101,409
Gas               12,279 Mcf  × $  3.05 =    $37,400

────────────────────────────────────────────────────
Month total                                 $138,809

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/284260 is the state's own key, not one this site invented.