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ICEMAN 4-24 23

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 287155District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$28.4 M
Sep 2017 – May 2026
Value, last 12 filed months
$1.6 M
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 Gas112020-06-16223595
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
CondensateDisposition281,679 bbl$17,490,045
GasProduction3,378,813 Mcf$10,923,638
Total$28,413,683

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 31.4605, -103.6407. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.46053, -103.64069 · 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
May 2018
1 of 1 wells

1 well

42-389353381H10,121 ftMay 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 20261,05915,286106.413.05$159,247
Apr 20261,10617,40698.932.87$159,367
Mar 20261,23016,74989.753.15$163,142
Feb 202682015,63363.503.75$110,699
Jan 202664712,17359.138.00$135,616
Dec 20251,11916,04456.664.41$134,210
Nov 20251,02416,14358.593.93$123,381
Oct 202590516,33759.383.30$107,730
Sep 20251,20315,95662.743.08$124,572
Aug 202569215,80363.933.01$91,882
Jul 20251,18316,64466.743.32$134,132
Jun 20251,03715,87266.483.13$118,599
May 20251,00715,75760.553.23$111,906
Apr 20251,01217,21962.363.54$124,117
Mar 20251,02517,84367.704.27$145,552
Feb 20251,03615,68170.884.34$141,500
Jan 202598013,99274.324.28$132,701
Dec 20241,07014,91068.993.12$120,359
Nov 20241,02914,62169.052.20$103,196
Oct 20241,06114,93271.372.28$109,789
Sep 20241,08514,24669.612.36$109,210
Aug 202495113,96075.632.06$100,732
Jul 20241,17614,65879.932.15$125,462
Jun 20241,16914,43978.082.63$129,308
May 20241,55216,30178.812.20$158,150
Apr 20241,49914,55084.451.66$150,732
Mar 20244785,11880.301.55$46,291
Feb 20241,45514,66076.091.78$136,859
Jan 20242,11315,49373.023.30$205,382
Dec 20231621,97671.262.61$16,703
Nov 20231,24917,01177.892.81$145,044
Oct 20231,67825,53885.443.09$222,211
Sep 20231,59525,18489.042.74$210,898
Aug 20231,81826,25880.522.67$216,570
Jul 20231,51926,09874.852.64$182,643
Jun 20231,78021,32168.962.26$170,902
May 20232,03422,31770.622.23$193,350
Apr 20231,77418,25078.122.24$179,424
Mar 20231,73423,26572.852.39$181,999
Feb 20231,55620,42375.112.47$167,228
Jan 20231,77322,79676.533.39$212,914
Dec 20221,49921,58476.415.73$238,195
Nov 20221,69220,41085.005.65$259,059
Oct 20221,67320,64687.185.86$266,915
Sep 20221,48817,86384.888.16$272,129
Aug 20221,66219,93894.529.13$339,070
Jul 20221,62719,839101.587.54$314,898
Jun 20221,56617,918115.097.98$323,166
May 20221,50617,279109.378.43$310,426
Apr 20221,40817,020104.226.84$263,118
Mar 20221,60616,939108.885.08$260,850
Feb 20221,00810,53491.054.86$142,961
Jan 20222,72625,31081.844.54$337,945
Dec 20212,24230,03571.323.90$277,010
Nov 20212,23930,98277.435.24$335,614
Oct 20212,54032,49079.795.71$388,310
Sep 20212,12531,82569.865.35$318,746
Aug 20212,55132,26566.024.22$304,594
Jul 20212,57732,12270.783.98$310,312
Jun 20212,36231,49869.493.38$270,618
May 20212,61733,02863.483.02$265,795
Apr 20212,25732,04360.362.76$224,621
Mar 20212,62032,25061.302.72$248,227
Feb 20211,75624,13357.805.55$235,385
Jan 20212,47732,37350.412.81$215,842
Dec 20202,65832,28644.642.68$205,033
Nov 20202,49731,55438.772.71$182,212
Oct 20202,51431,89336.972.48$171,987
Sep 20202,42231,47137.091.99$152,492
Aug 20202,55829,38239.982.39$172,348
Jul 20202,52231,46938.371.83$154,204
Jun 20202,54329,88434.901.69$139,264
May 20202,58330,30916.921.81$98,708
Apr 20203,06128,02314.751.80$95,714
Mar 20201,65718,63330.341.86$84,861
Feb 20203,89246,29949.881.98$285,836
Jan 20204,19350,52757.252.09$345,890
Dec 20194,20850,42059.012.30$364,500
Nov 20194,30947,60555.302.75$369,235
Oct 20194,42852,75553.472.42$364,355
Sep 20193,53142,00555.052.66$306,001
Aug 20194,52252,72753.112.30$361,665
Jul 20194,71754,37056.272.46$399,179
Jun 20194,83055,66252.782.49$393,593
May 20195,01060,41758.482.74$458,547
Apr 20195,04661,05962.632.75$483,986
Mar 20195,29863,48256.803.06$495,315
Feb 20194,84960,69250.852.79$416,037
Jan 20195,66068,61546.033.23$482,031
Dec 20183,73644,76346.594.19$361,413
Nov 201802,12452.934.24$9,000
Oct 20185,63362,74161.443.40$559,290
Sep 20185,80063,98759.543.11$544,204
Aug 20185,89066,08359.403.07$552,513
Jul 20186,17268,70365.142.93$603,473
Jun 20184,81651,34760.183.08$447,817
May 20186,00367,23665.382.90$587,514
Apr 20187,93680,91663.842.90$741,355
Mar 20189,02091,93861.222.79$808,421
Feb 20188,46290,33761.782.77$772,665
Jan 20189,554106,05462.874.01$1,025,864
Dec 201710,514115,63857.272.92$939,976
Nov 201710,416116,22055.423.12$939,671
Oct 20170049.292.98$0
Sep 20170047.523.09$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         1,059 bbl  × $106.41 =   $112,688
Gas               15,286 Mcf  × $  3.05 =    $46,559

────────────────────────────────────────────────────
Month total                                 $159,247

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/287155 is the state's own key, not one this site invented.