FOLK STAR D

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 297946District 08Field 71052900Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$5.3 M
Dec 2023 – May 2026
Value, last 12 filed months
$1.9 M
at the published price for each month
Months reported
30
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
CondensateDisposition20,991 bbl$1,510,640
GasProduction1,269,289 Mcf$3,760,900
Total$5,271,539

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 31.4524, -103.6249. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.45241, -103.62487 · 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
Dec 2023
1 of 1 wells

1 well

42-38940630T 43H9,924 ftDec 2023

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 (30)

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

30 months

May 202630435,803106.413.05$141,399
Apr 202663028,85798.932.87$145,137
Mar 202639232,22589.753.15$136,673
Feb 202633731,48863.503.75$139,490
Jan 202628337,04259.138.00$312,993
Dec 202542735,35456.664.41$180,224
Nov 202525232,43258.593.93$142,107
Oct 202533721,42459.383.30$90,814
Sep 202581434,94462.743.08$158,590
Aug 202596136,93363.933.01$172,781
Jul 202563738,08166.743.32$168,760
Jun 202526421,93366.483.13$86,173
May 20251,10629,43660.553.23$162,115
Apr 20251,20530,54262.363.54$183,358
Mar 20251,04732,40867.704.27$209,210
Feb 20251,14137,82870.884.34$245,079
Jan 202576241,31274.324.28$233,393
Dec 202430116,89368.993.12$73,495
Nov 202422915,59169.052.20$50,088
Oct 202451335,78871.372.28$118,260
Sep 202458638,66869.612.36$132,217
Aug 202451340,44975.632.06$122,270
Jul 202474347,02179.932.15$160,323
Jun 202464254,26378.082.63$193,055
May 202492066,33778.812.20$218,343
Apr 202452662,76484.451.66$148,559
Mar 202459189,70280.301.55$186,059
Feb 20241,200116,56276.091.78$299,213
Jan 20243,107126,11973.023.30$642,771
Dec 20232211,09071.262.61$18,594

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           304 bbl  × $106.41 =    $32,349
Gas               35,803 Mcf  × $  3.05 =   $109,050

────────────────────────────────────────────────────
Month total                                 $141,399

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/297946 is the state's own key, not one this site invented.