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STATE RIFLEMAN C-18 B

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 288556District 08Field 71052900Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$25.8 M
Nov 2019 – May 2026
Value, last 12 filed months
$1.8 M
at the published price for each month
Months reported
79
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
CondensateDisposition258,657 bbl$15,606,144
GasProduction3,093,846 Mcf$10,178,869
Total$25,785,012

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 31.5228, -103.6264. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.52284, -103.62637 · 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
10,241 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 10,241 ft.

Completions filed
Nov 2019
1 of 1 wells

1 well

42-38938464U 30H10,241 ftNov 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 (79)

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

79 months

May 20261,06218,460106.413.05$169,234
Apr 20261,20117,71698.932.87$169,655
Mar 20261,12118,06089.753.15$157,489
Feb 20261,06316,15263.503.75$128,076
Jan 20261,11817,17859.138.00$203,496
Dec 20251,27819,35056.664.41$157,810
Nov 20251,02218,83158.593.93$133,818
Oct 20251,15119,47859.383.30$132,718
Sep 20251,52519,45062.743.08$155,525
Aug 20251,07320,33063.933.01$129,887
Jul 20251,23820,22966.743.32$149,687
Jun 20251,38920,11266.483.13$155,266
May 20251,33520,95960.553.23$148,580
Apr 20251,41620,43762.363.54$160,713
Mar 20251,21519,97767.704.27$167,524
Feb 20251,01718,71570.884.34$153,324
Jan 20251,46021,81474.324.28$201,842
Dec 20241,50022,10968.993.12$172,495
Nov 20241,31521,47569.052.20$138,012
Oct 20241,43622,79371.372.28$154,487
Sep 20241,50322,31569.612.36$157,385
Aug 20241,49523,51775.632.06$161,597
Jul 20241,62323,66779.932.15$180,530
Jun 20241,51496078.082.63$120,742
May 20241,68124,41678.812.20$186,157
Apr 20241,58924,02984.451.66$174,060
Mar 20241,76125,33180.301.55$180,548
Feb 20241,85823,48576.091.78$183,264
Jan 20241,51725,24073.023.30$194,004
Dec 20231,73125,89371.262.61$190,950
Nov 20232,16125,42577.892.81$239,703
Oct 20231,69026,49385.443.09$226,185
Sep 20231,76926,50489.042.74$230,001
Aug 20231,74127,86780.522.67$214,670
Jul 20231,84728,37874.852.64$213,217
Jun 20231,95328,52468.962.26$199,100
May 20232,11328,91970.622.23$213,634
Apr 20232,05928,39178.122.24$224,381
Mar 20232,07329,49672.852.39$221,607
Feb 20231,86527,07375.112.47$206,834
Jan 20232,24530,61476.533.39$275,522
Dec 20222,15827,20776.415.73$320,764
Nov 20222,41729,59285.005.65$372,527
Oct 20222,29232,73287.185.86$391,749
Sep 20222,19032,41584.888.16$450,513
Aug 20222,60732,58894.529.13$543,850
Jul 20222,44534,183101.587.54$506,174
Jun 20222,40833,325115.097.98$542,977
May 20222,95836,841109.378.43$634,198
Apr 20222,65536,102104.226.84$523,555
Mar 20222,99638,405108.885.08$521,164
Feb 20222,58135,34191.054.86$406,716
Jan 20223,21640,11681.844.54$445,231
Dec 20213,12841,97971.323.90$386,770
Nov 20213,20641,03477.435.24$463,129
Oct 20213,31443,43279.795.71$512,589
Sep 20213,32142,91769.865.35$461,650
Aug 20213,73944,64666.024.22$435,281
Jul 20213,53645,39170.783.98$431,029
Jun 20213,53637,25169.493.38$371,648
May 20213,87949,25163.483.02$394,862
Apr 20213,99749,90060.362.76$378,904
Mar 20214,22450,58761.302.72$396,373
Feb 20213,58241,90957.805.55$439,549
Jan 20214,81353,15150.412.81$391,992
Dec 20205,01754,72544.642.68$370,373
Nov 20204,99256,13438.772.71$345,470
Oct 20205,69461,54336.972.48$363,037
Sep 20205,62062,94837.091.99$333,778
Aug 20206,18968,65939.982.39$411,195
Jul 20206,48771,81738.371.83$379,981
Jun 20207,08474,56734.901.69$373,273
May 20207,83186,28216.921.81$289,081
Apr 20208,49192,83114.751.80$292,745
Mar 202010,412112,20830.341.86$524,184
Feb 202010,828108,58149.881.98$755,164
Jan 202013,305129,56857.252.09$1,033,123
Dec 201915,992144,22859.012.30$1,276,041
Nov 201912,79499,29855.302.75$980,647

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         1,062 bbl  × $106.41 =   $113,007
Gas               18,460 Mcf  × $  3.05 =    $56,226

────────────────────────────────────────────────────
Month total                                 $169,234

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/288556 is the state's own key, not one this site invented.