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PIPER STATE 54-14

Operated by TRP OPERATING LLC (P-5 872117) in the PHANTOM (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 46665District 08Field 71052900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$24.5 M
Apr 2015 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
134
no gaps in the span
Streams
2
oil, casinghead gas

The PHANTOM (WOLFCAMP) field

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
OilDisposition412,544 bbl$19,395,811
Casinghead gasProduction1,766,525 Mcf$5,091,167
Total$24,486,978

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 31.5937, -103.6694. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.59370, -103.66939 · 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
10,743 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 10,743 ft.

Completions filed
Apr 2015
1 of 1 wells

1 well

42-389345821H10,743 ftApr 2015——

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 (134)

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

134 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 202407,78868.993.12$24,309
Nov 20244110,67469.052.20$26,297
Oct 2024583,45071.372.28$12,010
Sep 202418,63169.612.36$20,476
Aug 20241386,70375.632.06$24,269
Jul 20241128,53179.932.15$27,265
Jun 2024707,84178.082.63$26,119
May 2024555,27078.812.20$15,920
Apr 20244506,70584.451.66$49,127
Mar 20241658,82580.301.55$26,885
Feb 20242508,01176.091.78$33,311
Jan 20242058,47573.023.30$42,917
Dec 20233489,57071.262.61$49,783
Nov 202336313,09877.892.81$65,047
Oct 202330511,72485.443.09$62,254
Sep 202345510,28789.042.74$68,649
Aug 20232539,95580.522.67$46,980
Jul 202339810,74974.852.64$58,187
Jun 202337411,63468.962.26$52,066
May 202336910,84270.622.23$50,208
Apr 20234074,01278.122.24$40,773
Mar 20234624,63772.852.39$44,754
Feb 20232183,51675.112.47$25,043
Jan 20234514,49576.533.39$49,743
Dec 20224114,27876.415.73$55,914
Nov 20224254,20585.005.65$59,867
Oct 20224724,44787.185.86$67,225
Sep 20224054,35084.888.16$69,888
Aug 20225164,41294.529.13$89,041
Jul 20224064,483101.587.54$75,053
Jun 20224634,260115.097.98$87,270
May 20223664,495109.378.43$77,936
Apr 20223974,308104.226.84$70,832
Mar 20224624,253108.885.08$71,892
Feb 20224674,79991.054.86$65,838
Jan 20228895,90681.844.54$99,555
Dec 20214665,46371.323.90$54,536
Nov 20210077.435.24$0
Oct 20216495,48479.795.71$83,119
Sep 20216906,81169.865.35$84,649
Aug 20214298,22966.024.22$63,054
Jul 20216548,46870.783.98$80,010
Jun 20216177,92769.493.38$69,674
May 20216219,29163.483.02$67,458
Apr 20215608,30060.362.76$56,696
Mar 20215928,16561.302.72$58,473
Feb 20214757,93857.805.55$71,495
Jan 202174817,04550.412.81$85,608
Dec 202073311,57544.642.68$63,690
Nov 202085912,61438.772.71$67,444
Oct 202079411,80836.972.48$58,619
Sep 20208048,79837.091.99$47,338
Aug 202094110,05539.982.39$61,603
Jul 20201,3899,58738.371.83$70,793
Jun 20201,1188,99534.901.69$54,223
May 20201,01110,65716.921.81$36,446
Apr 20201,2139,23414.751.80$34,553
Mar 20201,0709,15830.341.86$49,463
Feb 20201,0878,41449.881.98$70,885
Jan 20201,2369,31357.252.09$90,269
Dec 20191,2459,70259.012.30$95,824
Nov 20191,4239,47355.302.75$104,749
Oct 20191,3367,33353.472.42$89,171
Sep 20191,1117,68455.052.66$81,579
Aug 20199947,31853.112.30$69,655
Jul 20192,36512,26856.272.46$163,259
Jun 20191,0978,09452.782.49$78,063
May 20191,94913,27158.482.74$150,344
Apr 20191,86313,26162.632.75$153,157
Mar 20192,61013,83056.803.06$190,597
Feb 20191,93012,29650.852.79$132,474
Jan 20192,17613,08846.033.23$142,412
Dec 20181,93512,58546.594.19$142,825
Nov 20182,15112,44152.934.24$166,568
Oct 20182,20414,26761.443.40$183,894
Sep 20182,46316,51759.543.11$197,982
Aug 20182,37813,81259.403.07$183,609
Jul 20181,72610,30365.142.93$142,639
Jun 20183,97022,13360.183.08$307,016
May 20184,73535,76665.382.90$413,324
Apr 20184,17436,71763.842.90$372,977
Mar 20184,56339,64461.222.79$389,828
Feb 20184,25840,49661.782.77$375,076
Jan 20184,93419,89862.874.01$389,978
Dec 20175,08714,72757.272.92$334,358
Nov 20174,66413,25455.423.12$299,810
Oct 20175,78216,93349.292.98$335,517
Sep 20174,70215,98647.523.09$272,792
Aug 20176,03116,23345.373.00$322,397
Jul 20175,54915,42043.873.09$291,040
Jun 20176,27713,86942.493.09$309,527
May 20176,51017,20345.373.26$351,499
Apr 20175,94715,44547.933.21$334,643
Mar 20176,72519,03146.772.98$371,311
Feb 20176,57113,85750.452.95$372,421
Jan 20176,19813,56149.413.42$352,606
Dec 20167,71718,76148.763.72$446,125
Nov 20167,64015,28042.492.64$365,029
Oct 20169,06116,08646.193.09$468,238
Sep 20169,29819,79341.553.10$447,703
Aug 201614,03729,27641.442.92$667,306
Jul 201612,44126,51341.622.92$595,327
Jun 201616,44733,95645.352.69$837,071
May 201611,32941,79342.521.99$564,921
Apr 201611,11241,35636.561.99$488,596
Mar 201611,77539,18033.011.79$458,982
Feb 20169,57422,89226.472.06$300,664
Jan 201610,98421,89327.352.36$352,175
Dec 201512,83920,04932.362.00$455,596
Nov 201513,32131,53438.792.17$585,066
Oct 201515,26141,78043.552.43$765,999
Sep 201512,93146,60842.992.76$684,468
Aug 201514,51062,33340.162.87$761,773
Jul 201515,43556,07248.152.95$908,332
Jun 201513,38351,11156.152.88$898,801
May 201511,72044,39055.212.96$778,254
Apr 201511,71335,20549.822.71$678,826

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.

Dec 2024 — as filed, then multipliedworked
Oil                    0 bbl  × $ 68.99 =         $0
Casinghead gas     7,788 Mcf  × $  3.12 =    $24,309

────────────────────────────────────────────────────
Month total                                  $24,309

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/46665 is the state's own key, not one this site invented.