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 287554District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$14.3 M
Nov 2017 – May 2026
Value, last 12 filed months
$70
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 Gas112020-04-30223402
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
CondensateDisposition167,324 bbl$10,647,476
GasProduction1,082,513 Mcf$3,683,425
Total$14,330,900

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 31.4305, -103.4614. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.43045, -103.46136 · 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
10,462 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 10,462 ft.

Completions filed
Nov 2017
1 of 1 wells

1 well

42-475371153H10,462 ftNov 2017

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 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260189.753.15$3
Feb 20260163.503.75$4
Jan 20260159.138.00$8
Dec 20250156.664.41$4
Nov 20250158.593.93$4
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 202501063.933.01$30
Jul 20250566.743.32$17
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 202533172767.704.27$25,512
Feb 20253521,41770.884.34$31,101
Jan 20257923,83574.324.28$75,270
Dec 20246583,93168.993.12$57,666
Nov 20246895,29769.052.20$59,221
Oct 20248476,01271.372.28$74,166
Sep 20246765,55169.612.36$60,181
Aug 20245134,40975.632.06$47,897
Jul 20248554,17379.932.15$77,298
Jun 20241,0165,39778.082.63$93,545
May 20246836,22878.812.20$67,519
Apr 20241686,48384.451.66$24,944
Mar 20241,2105,43580.301.55$105,561
Feb 20245144,54076.091.78$47,208
Jan 20248654,88073.023.30$79,255
Dec 20235235,07071.262.61$50,505
Nov 20231,3995,37377.892.81$124,053
Oct 202304,01485.443.09$12,392
Sep 20234421,31389.042.74$42,947
Aug 20239066,57780.522.67$90,531
Jul 20236842,57974.852.64$58,011
Jun 20230068.962.26$0
May 20236974,50170.622.23$59,248
Apr 20231,0476,07978.122.24$95,395
Mar 20231,0226,21372.852.39$89,321
Feb 20231,0445,24475.112.47$91,345
Jan 20231,1445,47776.533.39$106,105
Dec 20221,6945,99176.415.73$163,761
Nov 20222,0777,00385.005.65$216,085
Oct 20222,2588,45187.185.86$246,407
Sep 20221,3522,00384.888.16$131,110
Aug 20228496,51394.529.13$139,693
Jul 20221,56713,386101.587.54$260,134
Jun 20221,35812,440115.097.98$255,529
May 20221,88212,632109.378.43$312,361
Apr 20221,50112,294104.226.84$240,496
Mar 20221,68112,980108.885.08$248,919
Feb 20221,56711,55391.054.86$198,810
Jan 20221,50612,59581.844.54$180,403
Dec 20211,55312,75071.323.90$160,474
Nov 20212,03012,50377.435.24$222,659
Oct 20211,71013,00079.795.71$210,721
Sep 20211,31412,13469.865.35$156,724
Aug 20211,69512,99866.024.22$166,763
Jul 20211,72713,27870.783.98$175,111
Jun 20212,15113,13369.493.38$193,871
May 20211,51713,94263.483.02$138,372
Apr 20211,68514,44160.362.76$141,541
Mar 20212,39913,75661.302.72$184,433
Feb 20211,35111,00057.805.55$139,115
Jan 20211,50013,33850.412.81$113,098
Dec 20202,51813,95844.642.68$149,748
Nov 20201,84715,76138.772.71$114,266
Oct 20202,12315,49636.972.48$116,893
Sep 20201,98316,97137.091.99$107,339
Aug 20202,98518,30739.982.39$163,004
Jul 20202,0518,18038.371.83$93,626
Jun 20203451,16234.901.69$14,005
May 202004,65316.921.81$8,444
Apr 20202,17813,30914.751.80$56,140
Mar 20201,84611,09630.341.86$76,604
Feb 20201,5038,39549.881.98$91,597
Jan 20202,07210,27757.252.09$140,150
Dec 20191,3689,32859.012.30$102,221
Nov 20192,0809,27255.302.75$140,528
Oct 20191,56210,17553.472.42$108,129
Sep 20192,1778,75555.052.66$143,108
Aug 20191,7348,55253.112.30$111,800
Jul 20192,2309,79756.272.46$149,583
Jun 20192,0488,89452.782.49$130,250
May 20199154,96458.482.74$67,112
Apr 20199192,48262.632.75$64,384
Mar 20192,9396,01956.803.06$185,366
Feb 20199443,89850.852.79$58,886
Jan 2019111746.033.23$424
Dec 20180046.594.19$0
Nov 20183,47423,33852.934.24$282,768
Oct 20184,54329,64361.443.40$379,851
Sep 20184,23929,76159.543.11$344,887
Aug 20184,61633,83759.403.07$377,954
Jul 20185,55732,62365.142.93$457,630
Jun 20184,26031,86160.183.08$354,401
May 20185,16935,61865.382.90$441,270
Apr 20185,23135,39963.842.90$436,632
Mar 20186,05340,94561.222.79$484,672
Feb 20186,14239,99161.782.77$490,073
Jan 20186,25644,06362.874.01$569,977
Dec 20176,87247,49457.272.92$532,314
Nov 20175,54343,23355.423.12$442,009

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.

Mar 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 89.75 =         $0
Gas                    1 Mcf  × $  3.15 =         $3

────────────────────────────────────────────────────
Month total                                       $3

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/287554 is the state's own key, not one this site invented.