GOLIATH MIPA 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 296084District 08Field 71052900Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$48.1 M
Oct 2022 – May 2026
Value, last 12 filed months
$7.9 M
at the published price for each month
Months reported
44
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
CondensateDisposition528,132 bbl$39,770,022
GasProduction2,560,672 Mcf$8,304,334
Total$48,074,356

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 31.3991, -103.4918. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.39908, -103.49179 · 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
11,039 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 11,039 ft.

Completions filed
Oct 2022
1 of 1 wells

1 well

42-38939929331H11,039 ftOct 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 (44)

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

44 months

May 20264,05037,400106.413.05$544,875
Apr 20265,37053,46198.932.87$684,672
Mar 20265,23855,79089.753.15$645,818
Feb 20265,24150,95363.503.75$523,894
Jan 20266,17259,25859.138.00$838,891
Dec 20256,29059,31456.664.41$618,165
Nov 20256,33958,64758.593.93$601,676
Oct 20256,97360,35459.383.30$613,517
Sep 20257,34763,80062.743.08$657,258
Aug 20257,68165,47763.933.01$688,444
Jul 20258,02768,23166.743.32$761,921
Jun 20257,82563,44566.483.13$718,708
May 20258,20665,13160.553.23$707,398
Apr 20258,49163,24962.363.54$753,598
Mar 20258,690067.704.27$588,313
Feb 20258,18258,67770.884.34$834,648
Jan 20259,36765,17974.324.28$975,036
Dec 20249,94265,92068.993.12$891,659
Nov 20249,56861,06169.052.20$794,909
Oct 202410,87269,78871.372.28$935,149
Sep 202410,97664,90269.612.36$917,491
Aug 202411,21264,01475.632.06$980,065
Jul 202410,03451,49579.932.15$912,556
Jun 20248,28343,10378.082.63$760,269
May 20249,30845,90078.812.20$834,472
Apr 20248,95745,05584.451.66$831,174
Mar 20249,58147,06880.301.55$842,080
Feb 20249,79845,03976.091.78$825,863
Jan 202411,23049,75373.023.30$984,083
Dec 202311,58850,67171.262.61$958,049
Nov 202312,08049,19077.892.81$1,079,015
Oct 202312,82452,64185.443.09$1,258,200
Sep 202315,00262,22689.042.74$1,505,969
Aug 202316,70265,16280.522.67$1,519,015
Jul 202318,04568,78674.852.64$1,532,387
Jun 202318,69465,22768.962.26$1,436,452
May 202313,54946,12170.622.23$1,059,560
Apr 202318,84264,05578.122.24$1,615,277
Mar 202321,10968,90472.852.39$1,702,689
Feb 202320,97265,41075.112.47$1,736,487
Jan 202325,78078,23076.533.39$2,237,965
Dec 202229,73187,46876.415.73$2,772,857
Nov 202237,87894,08085.005.65$3,750,825
Oct 202216,08641,03787.185.86$1,643,009

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         4,050 bbl  × $106.41 =   $430,961
Gas               37,400 Mcf  × $  3.05 =   $113,914

────────────────────────────────────────────────────
Month total                                 $544,875

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/296084 is the state's own key, not one this site invented.