MIDWAY 45-46 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 294789District 08Field 71052900Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$31.2 M
Sep 2021 – May 2026
Value, last 12 filed months
$2.1 M
at the published price for each month
Months reported
56
1 month not filed
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
CondensateDisposition274,866 bbl$22,816,724
GasProduction1,898,402 Mcf$8,398,176
Total$31,214,900

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 31.3341, -103.6320. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.33408, -103.63195 · 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
10,509 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 10,509 ft.

Completions filed
Sep 2021
1 of 1 wells

1 well

42-38939427322H10,509 ftSep 2021

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 (56)

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

56 months

May 20261,88618,375106.413.05$256,657
Apr 20261,19510,62998.932.87$148,724
Mar 20261,34615,43589.753.15$169,415
Feb 20261,27013,79363.503.75$132,373
Jan 20261,56917,26159.138.00$230,827
Dec 20251,44620,12856.664.41$170,762
Nov 20251,42717,85758.593.93$153,722
Oct 20251,80718,74459.383.30$169,246
Sep 20251,71118,53262.743.08$164,370
Aug 20251,49215,66563.933.01$142,610
Jul 20251,70019,76266.743.32$178,973
Jun 20251,85718,74366.483.13$182,095
May 20252,61619,11260.553.23$220,175
Apr 20251,23523462.363.54$77,844
Mar 20251,21824,24767.704.27$185,953
Feb 20251,39225,25170.884.34$208,276
Jan 20252,38229,35674.324.28$302,635
Dec 20242,44128,44168.993.12$257,179
Nov 20242,54222,89969.052.20$225,867
Oct 20243,20434,75571.372.28$307,960
Sep 20242,70324,89369.612.36$247,012
Aug 20242,48126,90875.632.06$243,166
Jul 20242,84329,19179.932.15$289,902
Jun 20242,74733,21478.082.63$301,971
May 20242,65733,58778.812.20$283,237
Apr 20242,40230,41984.451.66$253,320
Mar 20242,93432,95480.301.55$286,518
Feb 20241,79730,65176.091.78$191,404
Jan 20242,79729,82473.023.30$302,586
Dec 20233,83935,76371.262.61$366,934
Nov 20232,67424,70477.892.81$277,636
Oct 20233,76237,27485.443.09$436,501
Sep 20233,61431,72689.042.74$408,562
Aug 20234,09539,42580.522.67$435,108
Jul 20234,99343,97174.852.64$489,889
Jun 20234,70942,44968.962.26$420,603
May 20232,79718,08670.622.23$237,809
Apr 20235,04837,85978.122.24$479,069
Mar 20235,20937,87272.852.39$470,109
Feb 20234,79134,88075.112.47$445,855
Jan 20235,89741,88076.533.39$593,175
Dec 20226,56447,26476.415.73$772,334
Nov 20226,23743,22485.005.65$774,196
Oct 20226,92548,12687.185.86$885,921
Sep 20227,03949,84084.888.16$1,004,348
Aug 20227,37759,32094.529.13$1,238,697
Jul 20228,49662,564101.587.54$1,334,886
Jun 20229,17765,693115.097.98$1,580,227
May 202211,95476,854109.378.43$1,955,522
Apr 202210,08151,487104.226.84$1,402,689
Mar 202210,36444,387108.885.08$1,353,758
Feb 202210,47942,81891.054.86$1,162,159
Dec 202115,69059,57371.323.90$1,351,293
Nov 202118,72761,42777.435.24$1,771,716
Oct 202126,44674,74879.795.71$2,537,227
Sep 20218,78524,32869.865.35$743,897

Not filed, and not zero: Jan 2022. The Railroad Commission holds no report for those months, so this page shows none — a zero would state that the lease produced nothing.

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         1,886 bbl  × $106.41 =   $200,689
Gas               18,375 Mcf  × $  3.05 =    $55,967

────────────────────────────────────────────────────
Month total                                 $256,657

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/294789 is the state's own key, not one this site invented.