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POWDER KEG A

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 287316District 08Field 71052900Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$33.3 M
Jan 2018 – May 2026
Value, last 12 filed months
$1.3 M
at the published price for each month
Months reported
101
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
CondensateDisposition300,399 bbl$18,523,178
GasProduction4,654,173 Mcf$14,786,215
Total$33,309,393

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 31.4557, -103.6134. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.45568, -103.61338 · 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
10,164 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 10,164 ft.

Completions filed
Jul 2018
1 of 1 wells

1 well

42-38936399U 05H10,164 ftJul 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 (101)

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

101 months

May 202673114,992106.413.05$123,449
Apr 202668514,60098.932.87$109,665
Mar 202689816,61489.753.15$132,920
Feb 202666014,04963.503.75$94,598
Jan 202674315,52159.138.00$168,069
Dec 202588615,88456.664.41$120,303
Nov 202583415,51858.593.93$109,795
Oct 202551811,46159.383.30$68,636
Sep 202587315,76062.743.08$103,264
Aug 202579816,55763.933.01$100,932
Jul 202588616,88966.743.32$115,122
Jun 202575916,68766.483.13$102,667
May 202589917,14760.553.23$109,859
Apr 202599216,92362.363.54$121,821
Mar 202588317,68667.704.27$135,269
Feb 202587916,26470.884.34$132,903
Jan 202594118,03374.324.28$147,093
Dec 20241,04518,77668.993.12$130,701
Nov 20241,00817,97469.052.20$109,117
Oct 202494618,70571.372.28$110,190
Sep 202493818,25869.612.36$108,463
Aug 20241,13418,88575.632.06$124,736
Jul 202494219,13579.932.15$116,369
Jun 202499218,65078.082.63$126,579
May 20241,03019,35378.812.20$123,721
Apr 20241,21118,47384.451.66$132,919
Mar 20241,10418,80980.301.55$117,714
Feb 202483117,65876.091.78$94,726
Jan 20241,45518,97073.023.30$168,801
Dec 202346010,17671.262.61$59,346
Nov 20231,03324,09877.892.81$148,117
Oct 20231,55428,20785.443.09$219,857
Sep 20231,38326,20989.042.74$194,825
Aug 20231,49728,60380.522.67$196,991
Jul 20231,44228,70074.852.64$183,753
Jun 20231,40827,98868.962.26$160,306
May 20231,83930,15070.622.23$197,026
Apr 20231,42429,19678.122.24$176,577
Mar 20231,61429,96872.852.39$189,298
Feb 20231,73027,37275.112.47$197,431
Jan 20231,56261,11276.533.39$326,570
Dec 20221,61329,01376.415.73$289,467
Nov 20221,84130,35785.005.65$327,887
Oct 20221,48829,30887.185.86$301,579
Sep 20221,46624,28984.888.16$322,722
Aug 20221,77824,23994.529.13$389,290
Jul 20221,52324,583101.587.54$340,113
Jun 20221,59723,692115.097.98$372,795
May 20221,61225,931109.378.43$394,982
Apr 20221,87725,708104.226.84$371,402
Mar 20222,22632,022108.885.08$404,923
Feb 20221,00012,84091.054.86$153,438
Jan 20221,88327,28681.844.54$277,920
Dec 20212,02727,98371.323.90$253,675
Nov 20211,90626,43377.435.24$286,007
Oct 20211,99727,36479.795.71$315,695
Sep 20212,05426,61369.865.35$285,896
Aug 20212,05827,84266.024.22$253,379
Jul 20212,22128,01770.783.98$268,768
Jun 20212,09121,50469.493.38$218,000
May 20211,36720,62663.483.02$149,020
Apr 20212,20545,92560.362.76$259,774
Mar 20211,97542,37461.302.72$236,195
Feb 20211,30338,15457.805.55$286,990
Jan 20212,66951,06050.412.81$278,037
Dec 20202,34051,04744.642.68$241,032
Nov 20202,43151,30638.772.71$233,113
Oct 20202,55054,57836.972.48$229,541
Sep 20202,77654,03837.091.99$210,554
Aug 20202,76257,21739.982.39$246,893
Jul 20202,95558,32738.371.83$219,837
Jun 20202,80157,55234.901.69$195,036
May 20203,08960,79316.921.81$162,590
Apr 20203,12160,50214.751.80$155,203
Mar 20203,20164,09430.341.86$216,092
Feb 20203,20960,29849.881.98$279,495
Jan 20203,37167,16257.252.09$333,677
Dec 20193,72969,38559.012.30$379,936
Nov 20193,66569,16155.302.75$392,916
Oct 20193,90774,18153.472.42$388,317
Sep 20194,03474,34855.052.66$419,635
Aug 20194,24679,61953.112.30$408,976
Jul 20194,43481,58056.272.46$450,193
Jun 20194,53381,63152.782.49$442,611
May 20194,16887,67658.482.74$484,005
Apr 20194,63386,28862.632.75$527,517
Mar 20195,72192,40256.803.06$607,897
Feb 20195,17684,34250.852.79$498,701
Jan 20195,91594,52346.033.23$577,405
Dec 20186,28196,53846.594.19$696,686
Nov 20186,13290,59552.934.24$708,440
Oct 20185,04774,56561.443.40$563,466
Sep 20187,692111,04259.543.11$803,100
Aug 20188,326116,24759.403.07$851,043
Jul 20188,462115,38165.142.93$889,498
Jun 20189,519123,34460.183.08$952,373
May 201810,396126,09365.382.90$1,045,461
Apr 201810,275125,53563.842.90$1,020,108
Mar 201812,596143,71161.222.79$1,171,627
Feb 201816,164162,31961.782.77$1,447,606
Jan 201823,518157,58062.874.01$2,110,365

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           731 bbl  × $106.41 =    $77,786
Gas               14,992 Mcf  × $  3.05 =    $45,663

────────────────────────────────────────────────────
Month total                                 $123,449

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/287316 is the state's own key, not one this site invented.