STINGRAY

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 287504District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.2 M
Nov 2017 – May 2026
Value, last 12 filed months
$325 k
at the published price for each month
Months reported
103
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 Gas112020-04-30223399
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
CondensateDisposition71,090 bbl$4,629,291
GasProduction444,045 Mcf$1,535,903
Total$6,165,194

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 31.4422, -103.4497. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.44221, -103.44973 · 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
10,520 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 10,520 ft.

Completions filed
Aug 2014
1 of 1 wells

1 well

42-475367201H10,520 ftAug 2014

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 (103)

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

103 months

May 20261741,994106.413.05$24,589
Apr 20261843,14598.932.87$27,228
Mar 20263592,67389.753.15$40,639
Feb 202612,25163.503.75$8,505
Jan 20263642,53059.138.00$41,758
Dec 20251812,68756.664.41$22,114
Nov 20253542,35458.593.93$29,984
Oct 202502,88159.383.30$9,521
Sep 20255502,71162.743.08$42,849
Aug 20253573,47363.933.01$33,293
Jul 202502,87266.743.32$9,521
Jun 20253593,44966.483.13$34,657
May 20253393,52460.553.23$31,917
Apr 20253613,42962.363.54$34,661
Mar 20253593,17267.704.27$37,843
Feb 20253671,75170.884.34$33,614
Jan 20251864,34874.324.28$32,427
Dec 20247385,40468.993.12$67,783
Nov 20241743,24269.052.20$19,142
Oct 20245103,16671.372.28$43,622
Sep 20243643,15769.612.36$32,802
Aug 20245355,04775.632.06$50,877
Jul 20246974,06179.932.15$64,429
Jun 20245242,61778.082.63$47,807
May 20243541,30378.812.20$30,763
Apr 202471473584.451.66$61,517
Mar 20245181,33280.301.55$43,654
Feb 20243493,64276.091.78$33,051
Jan 20248793,80473.023.30$76,729
Dec 20235264,06071.262.61$48,082
Nov 20235134,22377.892.81$51,814
Oct 20238654,59885.443.09$88,101
Sep 20235374,83389.042.74$61,033
Aug 20237045,00980.522.67$70,075
Jul 20237074,97774.852.64$66,067
Jun 20231,0363,56868.962.26$79,501
May 20235524,42070.622.23$48,827
Apr 20239134,66778.122.24$81,767
Mar 20236864,75372.852.39$61,350
Feb 20237163,41775.112.47$62,204
Jan 20237873,47076.533.39$71,985
Dec 20228503,16376.415.73$83,070
Nov 20228604,11085.005.65$96,306
Oct 20225433,43287.185.86$67,463
Sep 202201,05684.888.16$8,621
Aug 20225132,02794.529.13$66,990
Jul 20226834,682101.587.54$104,691
Jun 20225164,855115.097.98$98,116
May 20226965,703109.378.43$124,215
Apr 20221,0824,974104.226.84$146,776
Mar 20227195,091108.885.08$104,129
Feb 20226623,36591.054.86$76,625
Jan 20228903,59881.844.54$89,164
Dec 20218545,09071.323.90$80,754
Nov 20216934,82577.435.24$78,927
Oct 20215095,02579.795.71$69,325
Sep 20218535,73669.865.35$90,283
Aug 20216875,40866.024.22$68,181
Jul 20211,2006,51770.783.98$110,887
Jun 20211,0116,23769.493.38$91,339
May 20218336,03263.483.02$71,081
Apr 20215205,90660.362.76$47,678
Mar 20218534,97361.302.72$65,800
Feb 20216703,48957.805.55$58,083
Jan 20216843,71550.412.81$44,921
Dec 20201,2083,30044.642.68$62,754
Nov 202052888638.772.71$22,869
Oct 20209983,95936.972.48$46,708
Sep 20201,3373,93437.091.99$57,422
Aug 20206663,35339.982.39$34,624
Jul 20201,1503,23738.371.83$50,033
Jun 20201,3745,02234.901.69$56,441
May 2020104,89416.921.81$9,051
Apr 20201,0372,48514.751.80$19,780
Mar 20201,1174,30130.341.86$41,873
Feb 20207653,14349.881.98$44,383
Jan 20201,1473,76457.252.09$73,550
Dec 20194194059.012.30$4,586
Nov 20197603,36955.302.75$51,295
Oct 20198201,53353.472.42$47,553
Sep 20191982055.052.66$10,953
Aug 20192481,00953.112.30$15,496
Jul 20199314,23656.272.46$62,808
Jun 20197214,89452.782.49$50,246
May 20191,3194,61158.482.74$89,771
Apr 20191,7205,70362.632.75$123,411
Mar 20193484,35556.803.06$33,102
Feb 20193302,25250.852.79$23,069
Jan 2019017746.033.23$571
Dec 20180046.594.19$0
Nov 20181,83714,33452.934.24$157,969
Oct 20182,95722,48961.443.40$258,098
Sep 2018057659.543.11$1,790
Aug 20184459.403.07$250
Jul 20189176,00765.142.93$77,345
Jun 20181,3099,50360.183.08$108,016
May 20181,2969,55365.382.90$112,444
Apr 20181,3089,38963.842.90$110,738
Mar 20181,46310,48561.222.79$118,785
Feb 20181012,82261.782.77$14,046
Jan 20181,6168,17362.874.01$134,366
Dec 20171,49414,51157.272.92$127,956
Nov 20171,24113,06455.423.12$109,514

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           174 bbl  × $106.41 =    $18,515
Gas                1,994 Mcf  × $  3.05 =     $6,073

────────────────────────────────────────────────────
Month total                                  $24,589

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/287504 is the state's own key, not one this site invented.