SHADRACH 68 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 290829District 08Field 71052900Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$37.4 M
Nov 2020 – May 2026
Value, last 12 filed months
$2.3 M
at the published price for each month
Months reported
67
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
CondensateDisposition399,950 bbl$28,350,371
GasProduction2,207,786 Mcf$9,068,880
Total$37,419,252

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 31.4467, -103.4834. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.44669, -103.48340 · 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
10,531 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 10,531 ft.

Completions filed
Nov 2020
1 of 1 wells

1 well

42-38938839223H10,531 ftNov 2020

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 (67)

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

67 months

May 20262,10314,039106.413.05$266,541
Apr 20262,13113,22698.932.87$248,775
Mar 20261,97814,40489.753.15$222,890
Feb 20262,09212,85063.503.75$181,034
Jan 20261,67511,85159.138.00$193,826
Dec 20252,00816,59056.664.41$186,991
Nov 20251,58710,52158.593.93$134,292
Oct 20251,83813,32259.383.30$153,168
Sep 20252,09411,82462.743.08$167,759
Aug 20252,24713,96963.933.01$185,764
Jul 20252,11414,09866.743.32$187,826
Jun 20252,36615,67066.483.13$206,319
May 20252,26714,71960.553.23$184,843
Apr 20252,40812,11362.363.54$193,081
Mar 20252,2092,02467.704.27$158,188
Feb 20252,05212,14170.884.34$198,148
Jan 20252,37713,22774.324.28$233,253
Dec 20242,68616,28768.993.12$236,145
Nov 20242,40714,92869.052.20$199,022
Oct 20242,60418,84071.372.28$228,829
Sep 20242,82820,71369.612.36$245,830
Aug 20242,91522,38775.632.06$266,660
Jul 20242,92722,59779.932.15$282,462
Jun 20242,53333,48178.082.63$285,965
May 20242,67534,73378.812.20$287,175
Apr 20242,74735,30384.451.66$290,559
Mar 20242,99535,39980.301.55$295,195
Feb 20243,01035,04476.091.78$291,537
Jan 20243,14338,63273.023.30$356,897
Dec 20233,06937,58271.262.61$316,813
Nov 20233,25140,76277.892.81$367,662
Oct 20233,43942,56785.443.09$425,244
Sep 20233,74544,22589.042.74$454,412
Aug 20233,85843,76680.522.67$427,627
Jul 20234,07145,97874.852.64$426,179
Jun 20233,60639,56568.962.26$338,027
May 20233,72041,21070.622.23$354,498
Apr 20233,50236,74278.122.24$355,796
Mar 20233,80338,39572.852.39$368,934
Feb 20233,71536,70775.112.47$369,541
Jan 20234,55948,40976.533.39$512,896
Dec 20224,67747,20376.415.73$627,799
Nov 20224,85747,39685.005.65$680,452
Oct 20225,76053,16587.185.86$813,904
Sep 20225,87853,92284.888.16$939,127
Aug 20224,50537,25194.529.13$765,808
Jul 20226,04341,100101.587.54$923,827
Jun 20226,08943,145115.097.98$1,044,959
May 20226,68650,362109.378.43$1,155,953
Apr 20226,94343,518104.226.84$1,021,158
Mar 20227,99253,106108.885.08$1,139,756
Feb 20227,66449,46991.054.86$938,169
Jan 20228,70356,37181.844.54$968,047
Dec 20219,19558,81071.323.90$885,095
Nov 20219,02658,25877.435.24$1,003,972
Oct 202110,61862,81979.795.71$1,206,150
Sep 202110,69962,13169.865.35$1,079,890
Aug 202111,80067,00366.024.22$1,061,828
Jul 202112,86566,02970.783.98$1,173,517
Jun 202113,20166,60569.493.38$1,142,504
May 202114,70571,29063.483.02$1,148,603
Apr 202115,92673,88560.362.76$1,165,099
Mar 202118,52625061.302.72$1,136,323
Feb 202118,8603,00657.805.55$1,106,785
Jan 202124,2771650.412.81$1,223,849
Dec 202031,40446444.642.68$1,403,116
Nov 20209,69737238.772.71$376,960

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         2,103 bbl  × $106.41 =   $223,780
Gas               14,039 Mcf  × $  3.05 =    $42,761

────────────────────────────────────────────────────
Month total                                 $266,541

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/290829 is the state's own key, not one this site invented.