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 285225District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$26.9 M
Apr 2018 – May 2026
Value, last 12 filed months
$1.1 M
at the published price for each month
Months reported
98
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 Gas112019-07-18223765
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
CondensateDisposition320,831 bbl$19,412,995
GasProduction2,353,238 Mcf$7,472,945
Total$26,885,940

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 31.4834, -103.5333. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.48343, -103.53330 · 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
10,703 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 10,703 ft.

Completions filed
Feb 2019
1 of 1 wells

1 well

42-389366522H10,703 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 (98)

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

98 months

May 202679915,453106.413.05$132,089
Apr 202686814,64498.932.87$127,895
Mar 202678413,46789.753.15$112,778
Feb 20267016,39363.503.75$68,489
Jan 20267876,99859.138.00$102,505
Dec 20257818,72556.664.41$82,758
Nov 20258487,88758.593.93$80,652
Oct 202578011,78159.383.30$85,251
Sep 20259208,20962.743.08$82,979
Aug 20259028,79763.933.01$84,186
Jul 202583310,37066.743.32$89,973
Jun 20255796,92266.483.13$60,149
May 20251,0459,89960.553.23$95,271
Apr 20258889,98762.363.54$90,761
Mar 20259649,36267.704.27$105,223
Feb 20258378,50570.884.34$96,245
Jan 202599810,77174.324.28$120,257
Dec 20241,31015,04668.993.12$137,341
Nov 20241,07715,18869.052.20$107,757
Oct 20241,01411,49971.372.28$98,603
Sep 20241,11910,97669.612.36$103,845
Aug 20241,03411,18875.632.06$101,289
Jul 20241,14011,03279.932.15$114,801
Jun 20241,11410,86878.082.63$115,607
May 20241,12211,27678.812.20$113,214
Apr 20241,01110,74584.451.66$103,207
Mar 20241,26710,91880.301.55$118,610
Feb 20241,12310,41276.091.78$104,020
Jan 20241,27111,22673.023.30$129,828
Dec 20231,14211,64071.262.61$111,768
Nov 20231,23111,99877.892.81$129,568
Oct 20231,20011,37985.443.09$137,658
Sep 20231,29611,02389.042.74$145,544
Aug 20231,20512,29080.522.67$129,876
Jul 20231,53413,08674.852.64$149,390
Jun 20231,36614,86468.962.26$127,769
May 20231,49513,30770.622.23$135,217
Apr 20231,25112,33778.122.24$125,335
Mar 20231,70112,92872.852.39$154,857
Feb 20231,31912,88075.112.47$130,828
Jan 20231,50213,84976.533.39$161,865
Dec 20221,23713,88376.415.73$174,056
Nov 20221,45315,15485.005.65$209,068
Oct 20221,66214,24987.185.86$228,446
Sep 20221,75014,68784.888.16$268,440
Aug 20221,68412,92394.529.13$277,122
Jul 20221,73011,874101.587.54$265,288
Jun 20221,67311,858115.097.98$287,139
May 20221,75311,859109.378.43$291,733
Apr 20221,70311,496104.226.84$256,092
Mar 20221,76511,836108.885.08$252,257
Feb 20221,6719,93991.054.86$200,437
Jan 20221,74110,74981.844.54$191,259
Dec 20211,75410,47671.323.90$165,942
Nov 20212,00110,36477.435.24$209,212
Oct 20212,50911,88179.795.71$268,080
Sep 20211,94611,13869.865.35$195,546
Aug 20212,23120,28366.024.22$232,897
Jul 20212,32619,50670.783.98$242,309
Jun 20212,28620,57669.493.38$228,414
May 20212,41221,34063.483.02$217,511
Apr 20212,51421,24760.362.76$210,353
Mar 20212,78525,72261.302.72$240,606
Feb 20212,32024,11757.805.55$267,896
Jan 20212,69425,85450.412.81$208,461
Dec 20203,04626,62444.642.68$207,205
Nov 20202,77924,69238.772.71$174,572
Oct 20202,90126,16836.972.48$172,106
Sep 20202,89825,37437.091.99$158,007
Aug 20203,26925,53239.982.39$191,591
Jul 20203,30828,54138.371.83$179,019
Jun 20203,22631,05734.901.69$165,083
May 20203,68034,65716.921.81$125,159
Apr 20203,47630,33014.751.80$105,998
Mar 20203,87232,64030.341.86$178,064
Feb 20203,62133,84849.881.98$247,657
Jan 20204,10635,72957.252.09$309,911
Dec 20194,27335,80159.012.30$334,648
Nov 20194,38636,42755.302.75$342,746
Oct 20194,86341,26453.472.42$359,823
Sep 20194,64741,82555.052.66$366,958
Aug 20195,07943,87453.112.30$370,847
Jul 20195,40546,28056.272.46$417,991
Jun 20195,87938,89652.782.49$407,191
May 20196,08945,02758.482.74$479,473
Apr 20196,15046,63062.632.75$513,440
Mar 20197,89458,37856.803.06$627,138
Feb 20195,69838,88850.852.79$398,327
Jan 20199,46165,27246.033.23$646,200
Dec 20189,28663,67346.594.19$699,134
Nov 201810,29368,53552.934.24$835,208
Oct 201812,62775,08661.443.40$1,030,951
Sep 201812,50376,35059.543.11$981,724
Aug 201815,05478,94459.403.07$1,136,294
Jul 201822,190107,67365.142.93$1,761,141
Jun 201825,035110,15660.183.08$1,845,548
May 201812,07945,93165.382.90$922,962
Apr 20180063.842.90$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           799 bbl  × $106.41 =    $85,022
Gas               15,453 Mcf  × $  3.05 =    $47,067

────────────────────────────────────────────────────
Month total                                 $132,089

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/285225 is the state's own key, not one this site invented.