MAROON 80

Operated by PDC PERMIAN, INC. (P-5 646832) 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 48390District 08Field 71052900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$12.6 M
Apr 2016 – Jan 2021
Value, last 12 filed months
$39 k
at the published price for each month
Months reported
58
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 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
OilDisposition231,797 bbl$11,094,457
Casinghead gasProduction513,976 Mcf$1,510,895
Total$12,605,352

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 31.3905, -103.5821. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.39047, -103.58215 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
10,303 ft
1 wells filed one
Completion to plug
4.4 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 10,303 ft.

Completions filed
Apr 2016
1 of 1 wells
Plug dates filed
Sep 2020
1 of 1 wells

Last completion to plug: a median of 4.4 years across the 1 well that filed both dates, with the middle half between 4.4 years and 4.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-389351051H10,303 ftApr 2016Sep 2020Yes

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 (58)

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

58 months

Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 2020203037.091.99$7,529
Aug 20206039.982.39$240
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 202018434114.751.80$3,329
Mar 20204030.341.86$121
Feb 20205573049.881.98$27,843
Jan 2020560057.252.09$32,060
Dec 20191,09126959.012.30$65,000
Nov 20191,11586355.302.75$64,033
Oct 20191,8193,13953.472.42$104,854
Sep 20191,1182,46855.052.66$68,104
Aug 20191,8303,05253.112.30$104,224
Jul 20191,5312,30556.272.46$91,820
Jun 20192,2523,21352.782.49$126,865
May 20191,7374,05858.482.74$112,700
Apr 20191,6832,67262.632.75$112,756
Mar 20199541,35356.803.06$58,330
Feb 20191,3111,69450.852.79$71,394
Jan 20192,3303,71946.033.23$119,256
Dec 20181,6573,55246.594.19$92,066
Nov 20182,2153,21052.934.24$130,841
Oct 20182,1423,47061.443.40$143,396
Sep 20187332,60659.543.11$51,742
Aug 2018027259.403.07$834
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20183,4178,48865.382.90$248,025
Apr 20184,40214,27463.842.90$322,430
Mar 20184,77913,59161.222.79$330,446
Feb 20183,6928,96461.782.77$252,887
Jan 20183,7348,76962.874.01$269,914
Dec 20174,85611,06857.272.92$310,439
Nov 20174,2849,54255.423.12$267,175
Oct 20174,6387,74249.292.98$251,707
Sep 20175,52410,70347.523.09$295,544
Aug 20176,43413,57945.373.00$332,707
Jul 20176,24817,50943.873.09$328,155
Jun 20176,37817,74742.493.09$325,791
May 20177,24418,58945.373.26$389,324
Apr 20177,08817,95147.933.21$397,379
Mar 20178,34220,38146.772.98$450,966
Feb 20178,18717,25150.452.95$463,969
Jan 20175,62910,25049.413.42$313,172
Dec 20168,77118,09148.763.72$495,024
Nov 20168,44517,32942.492.64$404,652
Oct 20169,53722,15346.193.09$508,973
Sep 20169,80522,72141.553.10$477,847
Aug 201613,73332,82341.442.92$665,081
Jul 201620,52547,44841.622.92$993,005
Jun 201621,14845,30245.352.69$1,080,735
May 201617,92538,01942.521.99$837,868
Apr 201601,40636.561.99$2,799

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.

Sep 2020 — as filed, then multipliedworked
Oil                  203 bbl  × $ 37.09 =     $7,529
Casinghead gas         0 Mcf  × $  1.99 =         $0

────────────────────────────────────────────────────
Month total                                   $7,529

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/48390 is the state's own key, not one this site invented.