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RUSSELLS RESERVE 8-82S UNIT

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 288216District 08Field 71052900Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$27.3 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 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
CondensateDisposition345,770 bbl$20,588,076
GasProduction2,113,855 Mcf$6,758,690
Total$27,346,766

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 31.3929, -103.6050. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.39289, -103.60499 · 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
10,554 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 10,554 ft.

Completions filed
May 2019
1 of 1 wells

1 well

42-389381071H10,554 ftMay 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 20261,06315,880106.413.05$161,482
Apr 202696015,02498.932.87$138,087
Mar 20261,25215,66789.753.15$161,709
Feb 20268386,72663.503.75$78,438
Jan 20261,11212,63759.138.00$166,822
Dec 20251,54814,60956.664.41$152,184
Nov 202596114,51258.593.93$113,285
Oct 20251,01813,23659.383.30$104,192
Sep 202588129,67262.743.08$146,572
Aug 20251,41830,22063.933.01$181,759
Jul 20251,27032,03266.743.32$190,952
Jun 202599722,30366.483.13$136,060
May 20251,45428,19160.553.23$179,162
Apr 20251,28913,59662.363.54$128,554
Mar 20251,30514,02767.704.27$148,220
Feb 20251,52312,36070.884.34$161,603
Jan 20251,34613,37774.324.28$157,271
Dec 20241,47216,98768.993.12$154,576
Nov 20241,41916,14569.052.20$133,476
Oct 20241,75217,32671.372.28$164,568
Sep 20241,44414,70569.612.36$135,285
Aug 20241,76417,41175.632.06$169,341
Jul 20241,47115,40279.932.15$150,639
Jun 20241,37414,86878.082.63$146,444
May 20241,91018,71478.812.20$191,669
Apr 20241,72214,60684.451.66$169,657
Mar 20242,49516,42180.301.55$225,721
Feb 202467514,01576.091.78$76,358
Jan 20241,56016,01973.023.30$166,736
Dec 20232,08916,66571.262.61$192,370
Nov 20231,73716,93677.892.81$182,844
Oct 20232,16519,16685.443.09$244,148
Sep 20231,94018,25389.042.74$222,660
Aug 20231,90018,28180.522.67$201,851
Jul 20232,02419,90774.852.64$204,087
Jun 20232,17319,50268.962.26$193,895
May 20232,08418,64970.622.23$188,711
Apr 20232,34221,64378.122.24$231,389
Mar 20232,33620,18272.852.39$218,476
Feb 20231,94316,15775.112.47$185,777
Jan 20232,40617,51176.533.39$243,454
Dec 20221,34415,97276.415.73$194,200
Nov 20222,32516,21785.005.65$289,189
Oct 20222,18017,17787.185.86$290,774
Sep 20222,23415,93784.888.16$319,726
Aug 20222,36316,73394.529.13$376,076
Jul 20222,48117,939101.587.54$387,317
Jun 20222,74519,117115.097.98$468,422
May 20222,78219,427109.378.43$468,096
Apr 20222,88820,279104.226.84$439,647
Mar 20222,56921,529108.885.08$389,003
Feb 20222,84518,72491.054.86$350,014
Jan 20222,88220,22181.844.54$327,619
Dec 20213,30322,34971.323.90$322,711
Nov 20213,27720,81077.435.24$362,717
Oct 20213,20722,43479.795.71$384,071
Sep 20213,23921,03669.865.35$338,838
Aug 20213,55122,81266.024.22$330,717
Jul 20213,62423,09270.783.98$348,461
Jun 20213,77523,67069.493.38$342,344
May 20214,17426,69463.483.02$345,519
Apr 20214,36530,61360.362.76$347,915
Mar 20214,71528,70961.302.72$367,030
Feb 20213,25419,90457.805.55$298,508
Jan 20215,05630,02250.412.81$339,243
Dec 20205,15130,53944.642.68$311,647
Nov 20205,19630,05438.772.71$282,792
Oct 20205,73832,75736.972.48$293,320
Sep 20206,06634,26737.091.99$293,215
Aug 20206,86138,50839.982.39$366,148
Jul 20207,40740,23138.371.83$357,633
Jun 20208,16837,74634.901.69$348,866
May 20200016.921.81$0
Apr 20208,27437,32814.751.80$189,395
Mar 202010,13743,48830.341.86$388,280
Feb 20203,11212,66249.881.98$180,306
Jan 202010,61448,73357.252.09$709,734
Dec 201911,64552,57159.012.30$808,314
Nov 20199,04938,96555.302.75$607,591
Oct 201913,49559,02853.472.42$864,339
Sep 201915,53664,40155.052.66$1,026,388
Aug 201919,24577,43053.112.30$1,200,529
Jul 201926,33794,16856.272.46$1,713,642
Jun 201934,085108,75352.782.49$2,069,932
May 2019441,26958.482.74$6,051

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         1,063 bbl  × $106.41 =   $113,114
Gas               15,880 Mcf  × $  3.05 =    $48,368

────────────────────────────────────────────────────
Month total                                 $161,482

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/288216 is the state's own key, not one this site invented.