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RHOADS

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.

Oil lease lease 46939District 08Field 71052900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$13.0 M
May 2014 – May 2026
Value, last 12 filed months
$123 k
at the published price for each month
Months reported
145
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
OilDisposition195,395 bbl$12,102,899
Casinghead gasProduction259,942 Mcf$867,527
Total$12,970,427

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 31.2159, -103.5041. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.21590, -103.50413 · 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
10,902 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 10,902 ft.

Completions filed
May 2014
1 of 1 wells

1 well

42-389341051H10,902 ftMay 2014——

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 (145)

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

145 months

May 2026176862106.413.05$21,354
Apr 2026083298.932.87$2,388
Mar 2026080089.753.15$2,520
Feb 202617778663.503.75$14,187
Jan 202617780459.138.00$16,896
Dec 2025091756.664.41$4,047
Nov 2025075658.593.93$2,968
Oct 202535784259.383.30$23,981
Sep 202501,07162.743.08$3,295
Aug 2025084063.933.01$2,532
Jul 2025085966.743.32$2,848
Jun 202535479766.483.13$26,028
May 2025086160.553.23$2,783
Apr 20251781,24462.363.54$15,508
Mar 2025084267.704.27$3,594
Feb 202534878670.884.34$28,078
Jan 2025086674.324.28$3,705
Dec 2024087068.993.12$2,716
Nov 2024078669.052.20$1,728
Oct 202435887071.372.28$27,535
Sep 2024075869.612.36$1,792
Aug 202453478675.632.06$42,008
Jul 2024075879.932.15$1,627
Jun 20244484278.082.63$5,653
May 202431987078.812.20$27,053
Apr 202414373084.451.66$13,288
Mar 202426075880.301.55$22,049
Feb 202416178676.091.78$13,652
Jan 202415984273.023.30$14,387
Dec 202316987071.262.61$14,314
Nov 202336284277.892.81$30,560
Oct 202316987085.443.09$17,125
Sep 202325982889.042.74$25,326
Aug 202328981480.522.67$25,446
Jul 202319075874.852.64$16,224
Jun 202326384268.962.26$20,038
May 202326491070.622.23$20,671
Apr 202318784278.122.24$16,493
Mar 202337387072.852.39$29,255
Feb 202322878675.112.47$19,063
Jan 202326887076.533.39$23,457
Dec 2022234076.415.73$17,880
Nov 2022279085.005.65$23,715
Oct 2022346087.185.86$30,164
Sep 2022301084.888.16$25,549
Aug 2022371094.529.13$35,067
Jul 20224200101.587.54$42,664
Jun 20223980115.097.98$45,806
May 20222204109.378.43$24,095
Apr 202248911104.226.84$51,039
Mar 20225530108.885.08$60,211
Feb 2022560991.054.86$51,032
Jan 2022718581.844.54$58,784
Dec 2021702771.323.90$50,094
Nov 20217461977.435.24$57,862
Oct 20219222479.795.71$73,704
Sep 20219041169.865.35$63,212
Aug 20214062266.024.22$26,897
Jul 20215872370.783.98$41,639
Jun 20216492969.493.38$45,197
May 202183210763.483.02$53,138
Apr 202175911860.362.76$46,139
Mar 2021835061.302.72$51,186
Feb 20216311,86257.805.55$46,802
Jan 2021831050.412.81$41,891
Dec 2020793044.642.68$35,400
Nov 2020872038.772.71$33,807
Oct 20208902836.972.48$32,973
Sep 2020868037.091.99$32,194
Aug 20201,03541239.982.39$42,362
Jul 20201,006038.371.83$38,600
Jun 2020958134.901.69$33,436
May 20201,121016.921.81$18,967
Apr 20201,108014.751.80$16,343
Mar 20201,453230.341.86$44,088
Feb 20201,1838149.881.98$59,168
Jan 20201,805057.252.09$103,336
Dec 20190159.012.30$2
Nov 20190055.302.75$0
Oct 201934853.472.42$1,837
Sep 201955167555.052.66$32,126
Aug 20191,3551,82553.112.30$76,170
Jul 20192,0852,08456.272.46$122,450
Jun 201958978652.782.49$33,046
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 201955484456.803.06$34,052
Feb 20191,0151,21550.852.79$55,005
Jan 201957174646.033.23$28,691
Dec 20181,1441,33846.594.19$58,899
Nov 20181,0031,39552.934.24$59,000
Oct 20181,1031,76961.443.40$73,780
Sep 20188411,39059.543.11$54,393
Aug 20189131,33459.403.07$58,323
Jul 20189481,45065.142.93$66,004
Jun 20189021,56260.183.08$59,089
May 20181,0711,43465.382.90$74,182
Apr 20189111,40863.842.90$62,243
Mar 20181,2361,67361.222.79$80,330
Feb 20181,1721,62061.782.77$76,887
Jan 20181,6221,53762.874.01$108,137
Dec 20171,1671,73757.272.92$71,909
Nov 20171,5311,59955.423.12$89,834
Oct 20171,3232,25449.292.98$71,936
Sep 20171,9042,30147.523.09$97,582
Aug 20171,3062,17945.373.00$65,800
Jul 20179371,77443.873.09$46,583
Jun 20178791,22542.493.09$41,131
May 20171,7062,37545.373.26$85,152
Apr 20172,3832,57847.933.21$122,497
Mar 201728531446.772.98$14,266
Feb 201763868350.452.95$34,204
Jan 20171,5991,84949.413.42$85,328
Dec 20161,4742,09648.763.72$79,675
Nov 20161,4852,15242.492.64$68,788
Oct 20162,3562,49346.193.09$116,528
Sep 20161,2992,54341.553.10$61,858
Aug 20161,8142,74141.442.92$83,188
Jul 20162,1732,86041.622.92$98,804
Jun 20161,4812,72845.352.69$74,490
May 20161,8423,00142.521.99$84,297
Apr 20162,2233,00636.561.99$87,258
Mar 20161,8692,64933.011.79$66,448
Feb 20162,5892,93826.472.06$74,594
Jan 20162,2423,56927.352.36$69,757
Dec 20152,2073,74732.362.00$78,918
Nov 20152,9194,31038.792.17$122,569
Oct 20152,5914,53443.552.43$123,840
Sep 20153,1304,65542.992.76$147,399
Aug 20153,3305,37040.162.87$149,158
Jul 20153,4836,39148.152.95$186,528
Jun 20153,4365,44956.152.88$208,640
May 20154,4446,19255.212.96$263,653
Apr 20154,4117,17849.822.71$239,184
Mar 20156,1237,37542.892.93$284,259
Feb 20153,5864,19744.662.98$172,642
Jan 20154,3303,91543.433.10$200,191
Dec 20143,7764,95654.693.59$224,308
Nov 20144,7135,56770.464.25$355,748
Oct 20145,5226,40878.303.90$457,370
Sep 20144,2626,01886.164.05$391,559
Aug 20147,6098,76889.394.04$715,548
Jul 20147,62511,39596.564.18$783,897
Jun 201411,44813,84198.164.74$1,189,299
May 201414,77422,64094.734.73$1,506,550

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                  176 bbl  × $106.41 =    $18,728
Casinghead gas       862 Mcf  × $  3.05 =     $2,626

────────────────────────────────────────────────────
Month total                                  $21,354

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/46939 is the state's own key, not one this site invented.