HIGH NOON 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 287880District 08Field 71052900Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$35.0 M
May 2019 – May 2026
Value, last 12 filed months
$1.7 M
at the published price for each month
Months reported
85
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.

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
CondensateDisposition360,785 bbl$21,774,936
GasProduction4,135,230 Mcf$13,227,916
Total$35,002,853

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 31.4748, -103.6398. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.47484, -103.63984 · 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
10,179 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 10,179 ft.

Completions filed
Dec 2019
1 of 1 wells

1 well

42-38938119U 49H10,179 ftDec 2019

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 (85)

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

85 months

May 20261,02118,202106.413.05$164,085
Apr 20261,04118,06898.932.87$154,836
Mar 20261,07418,26289.753.15$153,907
Feb 20261,26116,52363.503.75$142,040
Jan 202677418,05259.138.00$190,145
Dec 202594417,26156.664.41$129,666
Nov 20251,08217,97858.593.93$133,984
Oct 20251,21919,14659.383.30$135,659
Sep 202595517,33762.743.08$113,261
Aug 20251,10319,28363.933.01$128,648
Jul 20251,16518,48066.743.32$139,017
Jun 20251,39319,85466.483.13$154,724
May 20251,33320,41060.553.23$146,685
Apr 20251,11618,76862.363.54$136,091
Mar 20251,43919,69667.704.27$181,489
Feb 20251,53219,92070.884.34$195,058
Jan 20251,54222,66874.324.28$211,591
Dec 20241,93323,15468.993.12$205,630
Nov 20241,66022,54169.052.20$164,178
Oct 20241,67424,76471.372.28$175,970
Sep 20241,79223,94969.612.36$181,365
Aug 20241,99825,99075.632.06$204,742
Jul 20241,92327,21679.932.15$212,127
Jun 20242,03527,58678.082.63$231,554
May 20242,55231,28978.812.20$269,910
Apr 20242,42936,25384.451.66$265,280
Mar 20241,99827,42180.301.55$202,808
Feb 20242,27231,43876.091.78$228,951
Jan 20241,57623,16473.023.30$191,467
Dec 20231,66127,22971.262.61$189,450
Nov 20231,83928,61577.892.81$223,578
Oct 20232,25129,85785.443.09$284,502
Sep 20232,50134,12189.042.74$316,011
Aug 20231,69530,43480.522.67$217,828
Jul 20231,67327,95574.852.64$199,076
Jun 20231,86429,21168.962.26$194,514
May 20231,99530,08770.622.23$207,903
Apr 20232,04732,00678.122.24$231,533
Mar 20232,40833,32472.852.39$255,172
Feb 20232,11929,62575.112.47$232,204
Jan 20232,62034,86776.533.39$318,628
Dec 20222,75136,18876.415.73$417,528
Nov 20222,93836,01385.005.65$453,067
Oct 20222,88338,31687.185.86$476,016
Sep 20222,67937,38884.888.16$532,617
Aug 20223,07839,31394.529.13$649,749
Jul 20223,16040,228101.587.54$624,396
Jun 20222,80637,708115.097.98$623,747
May 20223,15741,292109.378.43$693,498
Apr 20223,38841,798104.226.84$638,895
Mar 20223,28244,070108.885.08$581,061
Feb 20223,09839,97791.054.86$476,315
Jan 20223,73046,54481.844.54$516,465
Dec 20213,80147,14671.323.90$454,915
Nov 20213,90142,93177.435.24$526,878
Oct 20214,09150,12279.795.71$612,811
Sep 20213,73949,36569.865.35$525,355
Aug 20214,18151,78366.024.22$494,584
Jul 20214,50952,75770.783.98$529,230
Jun 20214,09051,58669.493.38$458,607
May 20214,70156,87463.483.02$470,046
Apr 20214,73155,87460.362.76$439,687
Mar 20215,06457,03361.302.72$465,378
Feb 20213,40840,17157.805.55$419,849
Jan 20215,54358,64150.412.81$444,220
Dec 20205,05858,38644.642.68$381,999
Nov 20205,32059,78138.772.71$368,058
Oct 20205,99963,96136.972.48$380,306
Sep 20205,88564,06937.091.99$345,839
Aug 20206,20367,86239.982.39$409,854
Jul 20205,49462,40038.371.83$324,692
Jun 20206,49867,21034.901.69$340,386
May 20205,92767,14816.921.81$222,142
Apr 20207,22573,19314.751.80$238,637
Mar 20207,28480,88230.341.86$371,132
Feb 20207,44281,96749.881.98$533,557
Jan 20207,59088,10357.252.09$619,080
Dec 20196,48270,98259.012.30$546,071
Nov 201910,856119,02755.302.75$927,744
Oct 201912,595136,27953.472.42$1,003,051
Sep 201914,436150,87055.052.66$1,195,606
Aug 201917,739173,53153.112.30$1,341,996
Jul 201922,959207,97756.272.46$1,803,539
Jun 201939,796305,18252.782.49$2,860,702
May 20192,77931,29858.482.74$248,282

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         1,021 bbl  × $106.41 =   $108,645
Gas               18,202 Mcf  × $  3.05 =    $55,440

────────────────────────────────────────────────────
Month total                                 $164,085

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/287880 is the state's own key, not one this site invented.