FOLK ROLWING A 4-34 33

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 288675District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$15.9 M
Apr 2018 – May 2026
Value, last 12 filed months
$1.3 M
at the published price for each month
Months reported
98
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 Gas112020-06-16223397
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
CondensateDisposition107,273 bbl$6,731,520
GasProduction2,682,285 Mcf$9,136,875
Total$15,868,395

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 31.4450, -103.6454. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.44500, -103.64539 · 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
9,959 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 9,959 ft.

Completions filed
Aug 2016
1 of 1 wells

1 well

42-389350581H9,959 ftAug 2016

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 (98)

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

98 months

May 202672616,807106.413.05$128,445
Apr 202657616,67998.932.87$104,848
Mar 202681716,91189.753.15$126,586
Feb 202653915,26863.503.75$91,486
Jan 202694916,97559.138.00$191,879
Dec 202568615,50356.664.41$107,289
Nov 202551415,35058.593.93$90,386
Oct 202567012,15459.383.30$79,952
Sep 202562813,36362.743.08$80,518
Aug 202582712,99763.933.01$92,053
Jul 202577512,99966.743.32$94,818
Jun 202567113,72866.483.13$87,559
May 202591915,99860.553.23$107,356
Apr 202593216,16862.363.54$115,405
Mar 202587218,61567.704.27$138,489
Feb 202591715,43570.884.34$131,998
Jan 202595217,91374.324.28$147,397
Dec 202490219,03568.993.12$121,644
Nov 202488214,78669.052.20$93,408
Oct 20241,16318,95471.372.28$126,245
Sep 202488619,99769.612.36$108,955
Aug 202402075.632.06$41
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 202430080.301.55$2,409
Feb 20245011376.091.78$4,006
Jan 20247663373.023.30$7,637
Dec 2023038971.262.61$1,016
Nov 202359516,37577.892.81$92,318
Oct 202380424,67185.443.09$144,860
Sep 202369422,28289.042.74$122,736
Aug 202385624,84380.522.67$135,327
Jul 202378723,95774.852.64$122,197
Jun 202371223,95168.962.26$103,192
May 20231,07624,26970.622.23$130,044
Apr 202385223,79578.122.24$119,806
Mar 20231,17325,49472.852.39$146,464
Feb 202366923,09475.112.47$107,191
Jan 202353146,25876.533.39$197,347
Dec 202297525,66676.415.73$221,542
Nov 202282425,21085.005.65$212,381
Oct 202280427,24987.185.86$229,874
Sep 20221,18325,77984.888.16$310,865
Aug 202283126,68794.529.13$322,123
Jul 202279728,523101.587.54$296,082
Jun 202283527,966115.097.98$319,191
May 20221,12829,390109.378.43$371,216
Apr 202298827,901104.226.84$293,745
Mar 20221,04730,770108.885.08$270,198
Feb 20221,21227,88291.054.86$245,827
Jan 20221,01730,55881.844.54$221,894
Dec 20211,19131,83671.323.90$209,075
Nov 20211,09131,44877.435.24$249,165
Oct 20211,11933,19679.795.71$278,963
Sep 20211,33032,66569.865.35$267,702
Aug 20211,14334,41466.024.22$220,708
Jul 20211,31134,93570.783.98$231,907
Jun 20211,19935,09569.493.38$201,961
May 20211,38236,71163.483.02$198,511
Apr 20211,27135,66560.362.76$175,097
Mar 20211,25836,40461.302.72$176,023
Feb 20211,23129,62257.805.55$235,493
Jan 20211,41938,46250.412.81$179,620
Dec 20201,43938,65944.642.68$167,668
Nov 20201,41438,08938.772.71$157,911
Oct 20201,36339,73036.972.48$148,858
Sep 20201,57439,54337.091.99$137,111
Aug 20201,49241,53439.982.39$158,713
Jul 20201,56042,12838.371.83$136,746
Jun 20201,53740,69734.901.69$122,432
May 20201,69442,48816.921.81$105,768
Apr 20201,60144,24614.751.80$103,451
Mar 20201,14028,45230.341.86$87,401
Feb 20201,52941,95649.881.98$159,368
Jan 20201,73744,92557.252.09$193,549
Dec 20191,91946,54759.012.30$220,501
Nov 20192,19739,60455.302.75$230,433
Oct 20191,57046,07253.472.42$195,375
Sep 20191,61646,43455.052.66$212,349
Aug 20192,04253,68353.112.30$232,156
Jul 20192,20653,87156.272.46$256,658
Jun 20192,52044,71152.782.49$244,390
May 20192,19457,92458.482.74$287,035
Apr 20192,47257,00962.632.75$311,636
Mar 20192,66660,59956.803.06$336,989
Feb 20193,26071,40450.852.79$365,147
Jan 20190046.033.23$0
Dec 20181,66326,30146.594.19$187,560
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 201892417,73559.403.07$109,271
Jul 20182,34154,77765.142.93$313,092
Jun 20182,41351,09360.183.08$302,423
May 20182,42255,87065.382.90$320,418
Apr 20182,47456,39163.842.90$321,519

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           726 bbl  × $106.41 =    $77,254
Gas               16,807 Mcf  × $  3.05 =    $51,191

────────────────────────────────────────────────────
Month total                                 $128,445

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/288675 is the state's own key, not one this site invented.