IWO JIMA 26-14 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 294926District 08Field 71052900Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$19.9 M
Feb 2022 – May 2026
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
52
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
CondensateDisposition182,749 bbl$16,584,749
GasProduction705,772 Mcf$3,349,159
Total$19,933,908

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 31.3190, -103.6457. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.31901, -103.64574 · 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
9,924 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 9,924 ft.

Completions filed
Jan 2022
1 of 1 wells

1 well

42-38939423222H9,924 ftJan 2022

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 (52)

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

52 months

May 2026212106.413.05$249
Apr 202631598.932.87$340
Mar 20262889.753.15$205
Feb 20261563.503.75$82
Jan 202611159.138.00$147
Dec 202522456.664.41$219
Nov 20252558.593.93$137
Oct 202533959.383.30$307
Sep 202534562.743.08$327
Aug 202536663.933.01$391
Jul 202566666.743.32$619
Jun 2025618566.483.13$978
May 202549160.553.23$536
Apr 202588762.363.54$807
Mar 202512267.704.27$821
Feb 2025709970.884.34$5,391
Jan 20254602,14774.324.28$43,374
Dec 20241,0186,42768.993.12$90,293
Nov 20241,2597,25069.052.20$102,873
Oct 20241,5039,35671.372.28$128,614
Sep 20241,2839,04769.612.36$110,700
Aug 20241,4669,15075.632.06$129,756
Jul 20241,61810,39879.932.15$151,647
Jun 20241,72810,40678.082.63$162,331
May 20241,49911,19378.812.20$142,743
Apr 20241,72610,19784.451.66$162,680
Mar 20241,92411,17180.301.55$171,758
Feb 20242,03913,39376.091.78$179,036
Jan 20242,48915,93773.023.30$234,302
Dec 20232,25613,47571.262.61$195,942
Nov 20233,03116,58277.892.81$282,640
Oct 20232,47513,88485.443.09$254,328
Sep 20232,67313,72289.042.74$275,534
Aug 20233,43714,41680.522.67$315,279
Jul 20234,89614,52274.852.64$404,830
Jun 20233,86212,74268.962.26$295,101
May 20234,61517,67670.622.23$365,283
Apr 20234,33623,57878.122.24$391,490
Mar 20235,64329,99772.852.39$482,880
Feb 20235,61336,52675.112.47$511,654
Jan 20236,04221,81476.533.39$536,294
Dec 20224,93513,82476.415.73$456,282
Nov 20225,20613,34185.005.65$517,836
Oct 20227,52132,17087.185.86$844,318
Sep 20227,17027,90584.888.16$836,397
Aug 20228,09127,62894.529.13$1,016,927
Jul 20229,64831,400101.587.54$1,216,865
Jun 202211,37137,952115.097.98$1,611,439
May 202217,25460,922109.378.43$2,400,828
Apr 202212,22032,819104.226.84$1,497,972
Mar 202215,91937,451108.885.08$1,923,377
Feb 202214,39534,59491.054.86$1,478,751

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 bbl  × $106.41 =       $213
Gas                   12 Mcf  × $  3.05 =        $37

────────────────────────────────────────────────────
Month total                                     $249

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/294926 is the state's own key, not one this site invented.