PALMER 52 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 295794District 08Field 71052900Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$30.1 M
Apr 2022 – May 2026
Value, last 12 filed months
$2.0 M
at the published price for each month
Months reported
50
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
CondensateDisposition193,676 bbl$16,347,553
GasProduction2,953,562 Mcf$13,729,089
Total$30,076,642

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 31.4885, -103.4935. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.48846, -103.49347 · 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
11,290 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 11,290 ft.

Completions filed
Apr 2022
1 of 1 wells

1 well

42-47538290332H11,290 ftApr 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 (50)

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

50 months

May 202661106.413.05$642
Apr 20261981,57098.932.87$24,094
Mar 20261,17819,22989.753.15$166,286
Feb 20261,49822,09363.503.75$177,979
Jan 20261,71726,33659.138.00$312,159
Dec 20251,79933,55856.664.41$250,035
Nov 20251,09625,10358.593.93$162,780
Oct 20253355,63459.383.30$38,512
Sep 20251,80229,82762.743.08$204,833
Aug 20251,88334,23863.933.01$223,600
Jul 20251,81528,18866.743.32$214,582
Jun 20251,91333,98166.483.13$233,493
May 20252,03433,69260.553.23$232,062
Apr 20252,17935,88362.363.54$263,020
Mar 20252,47543,62567.704.27$353,763
Feb 20252,47343,67770.884.34$364,881
Jan 20252,41540,37374.324.28$352,226
Dec 20242,52940,64568.993.12$301,344
Nov 20242,56446,59969.052.20$279,489
Oct 20242,80951,14671.372.28$317,163
Sep 20243,00356,27769.612.36$342,098
Aug 20242,57037,52075.632.06$271,797
Jul 20242,58739,63679.932.15$291,861
Jun 20242,58341,90978.082.63$312,068
May 20242,96350,17078.812.20$343,810
Apr 20242,70549,55884.451.66$310,664
Mar 20242,91148,60680.301.55$308,856
Feb 20243,80452,09676.091.78$382,367
Jan 20243,40758,82973.023.30$442,777
Dec 20233,58959,73971.262.61$411,714
Nov 20233,54958,84477.892.81$441,640
Oct 20233,87262,32785.443.09$523,245
Sep 20233,59960,66789.042.74$486,382
Aug 20234,08662,06980.522.67$494,908
Jul 20234,25165,75474.852.64$491,896
Jun 20234,05065,15868.962.26$426,446
May 20234,55071,94470.622.23$481,569
Apr 20234,61674,05178.122.24$526,310
Mar 20235,05879,02972.852.39$557,604
Feb 20234,30465,52175.112.47$484,827
Jan 20233,79860,09576.533.39$494,246
Dec 20226,03296,27576.415.73$1,012,472
Nov 20226,555100,58085.005.65$1,125,070
Oct 20227,341105,66887.185.86$1,259,600
Sep 20227,853121,66584.888.16$1,659,797
Aug 20229,791146,48394.529.13$2,262,419
Jul 202211,726183,963101.587.54$2,578,591
Jun 202213,707173,533115.097.98$2,961,846
May 202217,548184,642109.378.43$3,476,318
Apr 20222,55025,556104.226.84$440,503

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             6 bbl  × $106.41 =       $638
Gas                    1 Mcf  × $  3.05 =         $3

────────────────────────────────────────────────────
Month total                                     $642

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/295794 is the state's own key, not one this site invented.