MAJESTIC STATE 12

Operated by PERMIAN RESOURCES OPERATING, LLC (P-5 100852) in the WOLFBONE (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 42439District 08Field 98359800Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$23.2 M
May 2011 – May 2026
Value, last 12 filed months
$175 k
at the published price for each month
Months reported
181
no gaps in the span
Streams
2
oil, casinghead 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 1,266 leases and 2,377 wells, and the rule below applies to all of them.

Discovered
2010-11-30
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 40 acres. The field rule took effect on 2015-04-08.

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: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

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
OilDisposition279,765 bbl$21,633,212
Casinghead gasProduction486,785 Mcf$1,568,438
Total$23,201,650

Wells on this lease (2)

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 31.2786, -103.3769. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

31.27862, -103.37686 · 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 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
12,337 ft
2 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.
2100.0%

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

Between 12,240 and 12,433 ft, median 12,337 ft, over the 2 wells that filed a depth.

Completions filed
Dec 2011 – Jan 2025
2 of 2 wells

2 wells

42-38932724112,433 ftJan 2025
42-38932929212,240 ftDec 2011

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 (181)

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

181 months

May 2026146,261106.413.05$20,560
Apr 20261914,61098.932.87$32,125
Mar 2026125,44589.753.15$18,226
Feb 20262054,46763.503.75$29,770
Jan 2026866159.138.00$5,760
Dec 2025185056.664.41$10,482
Nov 2025187058.593.93$10,956
Oct 202512059.383.30$713
Sep 2025166062.743.08$10,415
Aug 2025178063.933.01$11,380
Jul 20251797966.743.32$12,208
Jun 2025183066.483.13$12,166
May 20251060.553.23$61
Apr 2025175162.363.54$10,917
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20251819874.324.28$13,871
Dec 202461916568.993.12$43,220
Nov 2024416069.052.20$28,725
Oct 202417439071.372.28$13,308
Sep 20240069.612.36$0
Aug 202417520475.632.06$13,656
Jul 2024172079.932.15$13,748
Jun 2024174078.082.63$13,586
May 2024173078.812.20$13,634
Apr 20240084.451.66$0
Mar 2024175080.301.55$14,053
Feb 2024174076.091.78$13,240
Jan 20240073.023.30$0
Dec 2023170071.262.61$12,114
Nov 20230077.892.81$0
Oct 2023172085.443.09$14,696
Sep 20233705889.042.74$33,103
Aug 2023185080.522.67$14,896
Jul 2023169074.852.64$12,650
Jun 2023368068.962.26$25,377
May 2023349070.622.23$24,646
Apr 2023370078.122.24$28,904
Mar 2023169072.852.39$12,312
Feb 2023155075.112.47$11,642
Jan 2023161076.533.39$12,321
Dec 2022372076.415.73$28,425
Nov 2022366085.005.65$31,110
Oct 2022718087.185.86$62,595
Sep 2022531084.888.16$45,071
Aug 2022546094.529.13$51,608
Jul 20221,0300101.587.54$104,627
Jun 20225380115.097.98$61,918
May 20227080109.378.43$77,434
Apr 20223640104.226.84$37,936
Mar 20227040108.885.08$76,652
Feb 2022550091.054.86$50,078
Jan 2022557081.844.54$45,585
Dec 2021926071.323.90$66,042
Nov 2021556077.435.24$43,051
Oct 2021722079.795.71$57,608
Sep 2021714069.865.35$49,880
Aug 2021736066.024.22$48,591
Jul 2021547070.783.98$38,717
Jun 2021730069.493.38$50,728
May 2021524063.483.02$33,264
Apr 2021736060.362.76$44,425
Mar 2021734061.302.72$44,994
Feb 2021553057.805.55$31,963
Jan 2021742050.412.81$37,404
Dec 202073610,93044.642.68$62,098
Nov 2020740138.772.71$28,693
Oct 202072910036.972.48$27,199
Sep 2020669137.091.99$24,815
Aug 2020696139.982.39$27,828
Jul 2020761038.371.83$29,200
Jun 2020587134.901.69$20,488
May 2020965116.921.81$16,330
Apr 2020754114.751.80$11,123
Mar 2020777030.341.86$23,574
Feb 20209551,94149.881.98$51,480
Jan 20201,24632757.252.09$72,018
Dec 2019944059.012.30$55,705
Nov 20197581,14455.302.75$45,064
Oct 20191,11332353.472.42$60,293
Sep 201990564355.052.66$51,529
Aug 20199183,88553.112.30$57,707
Jul 20191,272056.272.46$71,575
Jun 20193812,88252.782.49$27,289
May 20199244,03858.482.74$65,101
Apr 20191,0962,45362.632.75$75,390
Mar 20191,2771,59256.803.06$77,408
Feb 2019545050.852.79$27,713
Jan 20191,2761,30346.033.23$62,941
Dec 20181,0911,17246.594.19$55,735
Nov 201871747152.934.24$39,947
Oct 201854320061.443.40$34,042
Sep 20181,1071,92859.543.11$71,903
Aug 20181,4321,71959.403.07$90,332
Jul 20181,0961,20765.142.93$74,932
Jun 20181,2671,14960.183.08$79,783
May 20181,6201,29165.382.90$109,661
Apr 20181,1332,35063.842.90$79,148
Mar 20189463,28261.222.79$67,061
Feb 20181,33212,62161.782.77$117,202
Jan 20181,47515,06862.874.01$153,146
Dec 20171,85316,15057.272.92$153,304
Nov 20171,46614,96055.423.12$127,896
Oct 20171,25618,93949.292.98$118,416
Sep 201789117,94847.523.09$97,751
Aug 20171,26218,38145.373.00$112,481
Jul 20171,44017,53743.873.09$117,314
Jun 20171,07013,39542.493.09$86,818
May 20171,25611,62545.373.26$94,922
Apr 20171,43811,69347.933.21$106,477
Mar 20171,28212,15246.772.98$96,217
Feb 20171,08210,18750.452.95$84,665
Jan 20172,00010,73849.413.42$135,531
Dec 20161,45719,19448.763.72$142,499
Nov 20161,8411,68442.492.64$82,677
Oct 20169202,55146.193.09$50,378
Sep 20169001,91041.553.10$43,317
Aug 20169001,67541.442.92$42,194
Jul 20161,27031541.622.92$53,779
Jun 20161,44465645.352.69$67,247
May 20161,60384142.521.99$69,834
Apr 20161,45193436.561.99$54,908
Mar 20162,0011,09433.011.79$68,016
Feb 20161,4671,12726.472.06$41,157
Jan 20162,3381,57527.352.36$67,668
Dec 20152,0051,77232.362.00$68,428
Nov 201554535338.792.17$21,906
Oct 20151,4642,17443.552.43$69,033
Sep 20151,9943,41942.992.76$95,153
Aug 20151,6281,56340.162.87$69,870
Jul 20151,4132,54348.152.95$75,525
Jun 20152,1665,17656.152.88$136,543
May 20153,0583,67555.212.96$179,693
Apr 20151,6492,32949.822.71$88,457
Mar 20151,58187442.892.93$70,374
Feb 20151,3761,03344.662.98$64,527
Jan 20152,10549243.433.10$92,946
Dec 20141,39966154.693.59$78,885
Nov 20141,08431070.464.25$77,697
Oct 20141,34162978.303.90$107,454
Sep 20141,0482,10586.164.05$98,811
Aug 20142,78864389.394.04$251,814
Jul 20141,23040896.564.18$120,474
Jun 20142,0822,39098.164.74$215,690
May 20143,4024,04094.734.73$341,367
Apr 20142,0951,06695.944.81$206,121
Mar 20141,86678395.895.06$182,890
Feb 20142,4502,04097.406.19$251,262
Jan 20142,8052,28590.404.86$264,679
Dec 20131,4762,18491.824.35$145,037
Nov 20132,9472,76488.853.74$272,174
Oct 20133,3222,76097.423.78$334,060
Sep 20133,9152,902104.113.72$418,380
Aug 2013974494104.253.52$103,280
Jul 20132,4241,558102.523.72$254,301
Jun 20131,48054094.403.93$141,836
May 20132,9741,80394.834.15$289,505
Apr 20133,1432,81493.964.28$307,367
Mar 20133,1292,46993.623.91$302,598
Feb 20132,8722,67291.233.42$271,151
Jan 20134,0312,72291.603.42$378,549
Dec 20122,2212,51086.773.42$201,301
Nov 20123,2702,96286.953.62$295,064
Oct 20123,6113,36189.383.40$334,178
Sep 20123,4303,57594.672.92$335,151
Aug 20123,8003,91592.662.91$363,493
Jul 20124,3194,30885.133.02$380,690
Jun 20124,3114,75279.822.52$356,075
May 20125,7095,59391.612.49$536,919
Apr 20125,3775,832101.652.00$558,217
Mar 20125,6666,445105.052.22$609,535
Feb 20127,5148,015101.102.57$780,266
Jan 201210,07411,97498.092.73$1,020,897
Dec 20119,97110,22596.873.24$999,017
Nov 20113,6014,27495.723.31$358,840
Oct 20114,4255,16684.983.65$394,885
Sep 20115,0475,72983.623.99$444,865
Aug 20115,7616,40983.404.15$507,060
Jul 20117,6229,41294.144.52$760,051
Jun 201112,04910,15892.904.64$1,166,484
May 20114,084098.134.40$400,763

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
Oil                   14 bbl  × $106.41 =     $1,490
Casinghead gas     6,261 Mcf  × $  3.05 =    $19,070

────────────────────────────────────────────────────
Month total                                  $20,560

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/O/42439 is the state's own key, not one this site invented.