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LARCENY 12-11W UNIT

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 287123District 08Field 71052900Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$28.0 M
Oct 2018 – May 2026
Value, last 12 filed months
$648 k
at the published price for each month
Months reported
92
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.”

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
CondensateDisposition164,465 bbl$9,134,837
GasProduction5,735,056 Mcf$18,882,219
Total$28,017,055

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 31.3997, -103.6851. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.39972, -103.68507 · 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
9,579 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 9,579 ft.

Completions filed
Oct 2018
1 of 1 wells

1 well

42-389373721H9,579 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 (92)

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

92 months

May 2026159,233106.413.05$29,718
Apr 20265112,50798.932.87$40,937
Mar 20269818,97489.753.15$68,553
Feb 2026349,78863.503.75$38,867
Jan 20265415,41159.138.00$126,449
Dec 202596,03656.664.41$27,149
Nov 20251911,59858.593.93$46,652
Oct 2025392,27959.383.30$9,848
Sep 202515418,04962.743.08$65,197
Aug 202521718,05563.933.01$68,304
Jul 202514521,59966.743.32$81,282
Jun 20253213,82066.483.13$45,366
May 2025805,89460.553.23$23,895
Apr 202512810,61062.363.54$45,575
Mar 202515219,02067.704.27$91,474
Feb 20257416,22670.884.34$75,680
Jan 202511115,02074.324.28$72,515
Dec 202416619,29168.993.12$71,667
Nov 202413617,64369.052.20$48,178
Oct 202427317,97771.372.28$60,497
Sep 202423618,13369.612.36$59,301
Aug 202436426,43675.632.06$82,083
Jul 202433820,72279.932.15$71,498
Jun 202429720,43678.082.63$77,018
May 202439321,97778.812.20$79,287
Apr 202432021,07884.451.66$61,997
Mar 202431921,89780.301.55$59,449
Feb 202432819,97876.091.78$60,591
Jan 202437923,53573.023.30$105,285
Dec 202348524,12171.262.61$97,534
Nov 202356023,88477.892.81$110,674
Oct 202371231,66285.443.09$158,583
Sep 202347545,86489.042.74$167,734
Aug 202357939,57180.522.67$152,390
Jul 20231,16626,11274.852.64$156,258
Jun 202343231,37968.962.26$100,660
May 202338025,39670.622.23$83,403
Apr 202350836,21278.122.24$120,719
Mar 202356640,42072.852.39$137,965
Feb 202348737,33975.112.47$128,645
Jan 20231,02642,85776.533.39$223,707
Dec 202271143,17776.415.73$301,692
Nov 202286942,11785.005.65$311,666
Oct 202265144,67387.185.86$318,706
Sep 202263242,31384.888.16$399,074
Aug 202287945,86694.529.13$501,709
Jul 202281849,619101.587.54$457,323
Jun 202270351,368115.097.98$490,681
May 202293054,790109.378.43$563,760
Apr 202287754,840104.226.84$466,375
Mar 202293555,744108.885.08$384,782
Feb 20221,72451,21091.054.86$405,791
Jan 202292058,74381.844.54$341,850
Dec 20211,32357,74571.323.90$319,511
Nov 20211,81565,17777.435.24$481,858
Oct 20211,37069,38379.795.71$505,758
Sep 20211,24665,42769.865.35$437,140
Aug 20211,17068,01566.024.22$364,307
Jul 20211,38168,10670.783.98$368,951
Jun 20211,33271,83969.493.38$335,421
May 20211,63076,68863.483.02$334,891
Apr 20211,57877,21260.362.76$308,231
Mar 20211,73683,42661.302.72$333,080
Feb 20211,34770,03757.805.55$466,418
Jan 20212,25291,68150.412.81$371,172
Dec 20202,31695,14544.642.68$357,943
Nov 20202,20794,15738.772.71$340,408
Oct 20202,536100,18636.972.48$342,060
Sep 20202,488107,30537.091.99$305,928
Aug 20202,992109,37539.982.39$380,490
Jul 20202,634121,46038.371.83$322,746
Jun 20202,933124,79134.901.69$313,297
May 20200016.921.81$0
Apr 20203,091117,96114.751.80$258,439
Mar 20204,244142,15530.341.86$392,635
Feb 20203,529125,03949.881.98$423,688
Jan 20203,839134,20957.252.09$500,916
Dec 20193,768134,10059.012.30$531,364
Nov 20194,120135,57855.302.75$600,770
Oct 20193,418127,50153.472.42$491,127
Sep 201998246,28455.052.66$177,049
Aug 20193,600117,12553.112.30$461,094
Jul 20195,573178,83956.272.46$753,547
Jun 20196,777180,15152.782.49$806,482
May 20198,060219,72258.482.74$1,073,457
Apr 20192,39666,70862.632.75$333,555
Mar 20192,56465,74856.803.06$346,962
Feb 20198,200180,19550.852.79$920,114
Jan 201912,414250,03546.033.23$1,378,574
Dec 201815,215237,42546.594.19$1,702,595
Nov 201813,403185,29152.934.24$1,494,543
Oct 201801,33661.443.40$4,540

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            15 bbl  × $106.41 =     $1,596
Gas                9,233 Mcf  × $  3.05 =    $28,122

────────────────────────────────────────────────────
Month total                                  $29,718

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/287123 is the state's own key, not one this site invented.