NINJA 4-50 49

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 284875District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$39.2 M
May 2018 – May 2026
Value, last 12 filed months
$1.9 M
at the published price for each month
Months reported
97
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 Gas112019-07-18223768
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
CondensateDisposition448,115 bbl$27,484,105
GasProduction3,493,100 Mcf$11,669,315
Total$39,153,420

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 31.4803, -103.5308. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.48034, -103.53084 · 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
10,551 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 10,551 ft.

Completions filed
Feb 2019
1 of 1 wells

1 well

42-389360955H10,551 ftFeb 2019

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 (97)

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

97 months

May 20261,22416,638106.413.05$180,923
Apr 20261,40612,60998.932.87$175,280
Mar 20261,30915,82089.753.15$167,307
Feb 20261,26313,78063.503.75$131,880
Jan 20261,19415,09159.138.00$191,298
Dec 20251,31317,63156.664.41$152,207
Nov 20251,54317,14058.593.93$157,704
Oct 20251,28217,79459.383.30$134,931
Sep 20251,50514,53162.743.08$139,134
Aug 20251,49618,82963.933.01$152,404
Jul 20251,33217,36966.743.32$146,479
Jun 20251,61016,40666.483.13$158,363
May 20251,36316,94160.553.23$137,288
Apr 20251,93718,46262.363.54$186,204
Mar 20251,69719,12767.704.27$196,527
Feb 20251,29517,40770.884.34$167,351
Jan 20251,63419,34874.324.28$204,223
Dec 20241,66521,18268.993.12$180,985
Nov 20241,50416,90069.052.20$141,005
Oct 20241,63425,37371.372.28$174,505
Sep 20241,74120,55069.612.36$169,779
Aug 20241,76523,84975.632.06$182,702
Jul 20241,88124,67279.932.15$203,309
Jun 20241,70023,87278.082.63$195,614
May 20241,83025,60578.812.20$200,513
Apr 20241,79023,53684.451.66$190,216
Mar 20241,92124,77180.301.55$192,531
Feb 20241,79723,78876.091.78$179,163
Jan 20242,13425,53073.023.30$240,014
Dec 20231,89425,88771.262.61$202,550
Nov 20232,16625,18577.892.81$239,418
Oct 20232,02426,30885.443.09$254,151
Sep 20232,05124,46689.042.74$249,537
Aug 20232,12325,70180.522.67$239,640
Jul 20232,28925,70674.852.64$239,242
Jun 20232,06324,90968.962.26$198,521
May 20232,44826,78770.622.23$232,543
Apr 20232,30725,20678.122.24$236,628
Mar 20232,34226,19672.852.39$233,306
Feb 20232,33524,78775.112.47$236,499
Jan 20232,23253,34076.533.39$351,516
Dec 20222,48026,74276.415.73$342,704
Nov 20222,54928,41785.005.65$377,113
Oct 20222,52428,89387.185.86$389,464
Sep 20222,65127,03684.888.16$445,730
Aug 20222,90128,78294.529.13$536,900
Jul 20222,71830,577101.587.54$506,709
Jun 20222,70732,314115.097.98$569,324
May 20222,98331,743109.378.43$593,941
Apr 20222,92830,762104.226.84$515,494
Mar 20223,07530,698108.885.08$490,641
Feb 20223,17527,09291.054.86$420,719
Jan 20222,92926,43881.844.54$359,677
Dec 20213,17826,89171.323.90$331,506
Nov 20213,01526,29877.435.24$371,170
Oct 20213,34628,27779.795.71$428,548
Sep 20213,24728,03469.865.35$376,843
Aug 20213,54331,71066.024.22$367,744
Jul 20213,60031,61070.783.98$380,682
Jun 20213,23831,86769.493.38$332,739
May 20213,84932,51463.483.02$342,451
Apr 20213,47932,45960.362.76$299,528
Mar 20214,04129,64461.302.72$328,254
Feb 20213,07524,77857.805.55$315,202
Jan 20213,96532,25250.412.81$290,512
Dec 20204,28732,84444.642.68$279,244
Nov 20204,09533,10038.772.71$248,351
Oct 20204,36834,72636.972.48$247,551
Sep 20204,26034,08437.091.99$225,866
Aug 20204,64235,92439.982.39$271,269
Jul 20204,77136,71538.371.83$250,073
Jun 20204,90736,66534.901.69$233,230
May 20204,94038,26616.921.81$153,028
Apr 20205,08238,10114.751.80$143,708
Mar 20205,26839,53130.341.86$233,210
Feb 20205,16138,55249.881.98$333,789
Jan 20205,91643,28057.252.09$429,351
Dec 20196,07344,61159.012.30$461,168
Nov 20196,21844,94955.302.75$467,497
Oct 20196,57144,73053.472.42$459,533
Sep 20196,61347,20055.052.66$489,469
Aug 20197,20949,74353.112.30$497,496
Jul 20197,56951,43956.272.46$552,451
Jun 20197,56145,22752.782.49$511,739
May 20198,29047,18358.482.74$614,096
Apr 20198,51052,69362.632.75$677,924
Mar 20199,44757,20556.803.06$711,757
Feb 20195,42445,42550.852.79$402,647
Jan 201911,52174,15246.033.23$769,688
Dec 201813,19568,89046.594.19$903,090
Nov 201813,24368,56152.934.24$991,461
Oct 201814,50986,95061.443.40$1,186,896
Sep 201816,71497,48059.543.11$1,298,119
Aug 201821,644132,15559.403.07$1,690,915
Jul 201828,922163,97765.142.93$2,364,740
Jun 201829,151146,31860.183.08$2,204,516
May 201814,79977,56765.382.90$1,192,565

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         1,224 bbl  × $106.41 =   $130,246
Gas               16,638 Mcf  × $  3.05 =    $50,677

────────────────────────────────────────────────────
Month total                                 $180,923

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/284875 is the state's own key, not one this site invented.