LYDA 33-40-1S STATE

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 48968District 08Field 98359800Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$44.4 M
May 2017 – May 2026
Value, last 12 filed months
$375 k
at the published price for each month
Months reported
109
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
OilDisposition736,116 bbl$40,487,105
Casinghead gasProduction1,312,379 Mcf$3,957,365
Total$44,444,470

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 31.2012, -103.4256. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.20123, -103.42560 · 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
10,403 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 10,403 ft.

Completions filed
May 2017
1 of 1 wells

1 well

42-3893549316H10,403 ftMay 2017

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 (109)

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

109 months

May 20265571106.413.05$59,273
Apr 202677542398.932.87$77,885
Mar 202667433389.753.15$61,540
Feb 202652419163.503.75$33,990
Jan 2026422059.138.00$24,953
Dec 2025291056.664.41$16,488
Nov 2025336058.593.93$19,686
Oct 202530565059.383.30$20,259
Sep 202523151662.743.08$16,081
Aug 202521518363.933.01$14,297
Jul 20252154866.743.32$14,508
Jun 202523222466.483.13$16,124
May 20252553160.553.23$15,540
Apr 20252432162.363.54$15,228
Mar 2025189067.704.27$12,795
Feb 2025278070.884.34$19,705
Jan 2025265074.324.28$19,695
Dec 2024197068.993.12$13,591
Nov 2024571069.052.20$39,428
Oct 2024504071.372.28$35,970
Sep 202420631769.612.36$15,089
Aug 2024261075.632.06$19,739
Jul 2024169079.932.15$13,508
Jun 2024196078.082.63$15,304
May 2024342078.812.20$26,953
Apr 2024254084.451.66$21,450
Mar 2024296080.301.55$23,769
Feb 2024486076.091.78$36,980
Jan 2024357073.023.30$26,068
Dec 2023694071.262.61$49,454
Nov 20234761,23377.892.81$40,537
Oct 202398111285.443.09$84,162
Sep 20238122,59389.042.74$79,392
Aug 20231,4031,45680.522.67$116,861
Jul 20231,4991,51374.852.64$116,197
Jun 20231,5791,46768.962.26$112,201
May 20231,3083870.622.23$92,456
Apr 20231,5291,90178.122.24$123,699
Mar 20231,9711,78972.852.39$147,869
Feb 20231,6581,63275.112.47$128,556
Jan 20231,8711,32876.533.39$147,687
Dec 20221,39939076.415.73$109,132
Nov 20221,404085.005.65$119,340
Oct 20221,48941387.185.86$132,233
Sep 20221,42260984.888.16$125,671
Aug 20221,8572,14494.529.13$195,092
Jul 20222,4783,358101.587.54$277,042
Jun 20221,9852,685115.097.98$249,872
May 20221,7443,688109.378.43$221,842
Apr 20221,7121,228104.226.84$186,821
Mar 20221,626367108.885.08$178,902
Feb 20221,536091.054.86$139,853
Jan 20221,9412,19081.844.54$168,789
Dec 20212,3253,06871.323.90$177,782
Nov 20212,4832,38477.435.24$204,743
Oct 20212,7783,19979.795.71$239,935
Sep 20212,426069.865.35$169,480
Aug 20212,560066.024.22$169,011
Jul 20212,663070.783.98$188,487
Jun 20212,7086,56169.493.38$210,359
May 20213,64111,42463.483.02$265,605
Apr 20213,2826,09860.362.76$214,922
Mar 20213,7418,08061.302.72$251,276
Feb 20212,64211,96257.805.55$219,072
Jan 20213,59212,41450.412.81$215,959
Dec 202010044.642.68$446
Nov 2020010,69638.772.71$28,949
Oct 202049817,61236.972.48$62,061
Sep 20203,69021,52037.091.99$179,709
Aug 20204,29721,41839.982.39$222,878
Jul 20204,18220,28138.371.83$197,479
Jun 202033355834.901.69$12,565
May 20202,5813,58916.921.81$50,184
Apr 20204,6587,09714.751.80$81,511
Mar 20204,7727,12430.341.86$158,006
Feb 20205,4738,22349.881.98$289,280
Jan 20205,5818,55057.252.09$337,422
Dec 20196,4029,32859.012.30$399,277
Nov 20196,40320,39455.302.75$410,184
Oct 20197,08313,04853.472.42$410,285
Sep 20197,52734,20055.052.66$505,240
Aug 20197,18142,07953.112.30$478,348
Jul 20198,77015,78356.272.46$532,315
Jun 20198,70347,85352.782.49$578,556
May 201912,08360,31858.482.74$871,904
Apr 201912,07426,68762.632.75$829,603
Mar 20195,4599,95256.803.06$340,545
Feb 20199,47514,21850.852.79$521,504
Jan 201912,45423,73246.033.23$649,869
Dec 201811,95125,51246.594.19$663,576
Nov 201812,74224,60152.934.24$778,674
Oct 201812,58023,57761.443.40$853,032
Sep 201813,34825,12359.543.11$872,822
Aug 201815,15424,12659.403.07$974,131
Jul 201817,00024,20765.142.93$1,178,352
Jun 201816,99623,05660.183.08$1,093,761
May 201817,31227,47765.382.90$1,211,564
Apr 201821,91841,43163.842.90$1,519,428
Mar 201823,38137,43461.222.79$1,535,707
Feb 201824,75243,96961.782.77$1,650,802
Jan 201828,75459,00262.874.01$2,044,322
Dec 201734,33366,84957.272.92$2,161,552
Nov 201723,81838,78655.423.12$1,440,942
Oct 201724,86247,46549.292.98$1,367,068
Sep 201731,18754,48547.523.09$1,650,217
Aug 201739,33068,98245.373.00$1,991,652
Jul 201751,28051,37343.873.09$2,408,256
Jun 201770,14833,38042.493.09$3,083,642
May 201724,52027,02245.373.26$1,200,656

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                  557 bbl  × $106.41 =    $59,270
Casinghead gas         1 Mcf  × $  3.05 =         $3

────────────────────────────────────────────────────
Month total                                  $59,273

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/48968 is the state's own key, not one this site invented.