CHALLENGER STATE

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 49195District 08Field 71052900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$17.7 M
Nov 2015 – May 2026
Value, last 12 filed months
$407 k
at the published price for each month
Months reported
127
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
OilDisposition338,964 bbl$16,441,493
Casinghead gasProduction449,484 Mcf$1,239,703
Total$17,681,197

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 31.2314, -103.5028. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.23140, -103.50276 · 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
10,427 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 10,427 ft.

Completions filed
Nov 2015
1 of 1 wells

1 well

42-389344511H10,427 ftNov 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 (127)

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

127 months

May 202697553106.413.05$12,006
Apr 202683973498.932.87$85,109
Mar 202621094589.753.15$21,824
Feb 202626287563.503.75$19,919
Jan 202641697559.138.00$32,396
Dec 20254081,15156.664.41$28,197
Nov 202514575358.593.93$11,452
Oct 20256201,02959.383.30$40,216
Sep 202555994262.743.08$37,970
Aug 202567496163.933.01$45,986
Jul 20253831,04066.743.32$29,009
Jun 202560395866.483.13$43,085
May 202544397860.553.23$29,985
Apr 202546091262.363.54$31,917
Mar 202551293567.704.27$38,653
Feb 202553070.884.34$3,757
Jan 202529957074.324.28$24,661
Dec 202434292568.993.12$26,482
Nov 202438994369.052.20$28,934
Oct 20244461,09171.372.28$34,320
Sep 20244562,40369.612.36$37,424
Aug 20243392,21375.632.06$30,205
Jul 20247301,05579.932.15$60,614
Jun 202457895378.082.63$47,640
May 20248645378.812.20$68,208
Apr 20248575184.451.66$72,458
Mar 20246648480.301.55$53,449
Feb 20248975176.091.78$68,344
Jan 202482812973.023.30$60,886
Dec 20239471,90471.262.61$72,454
Nov 20238861,06777.892.81$72,006
Oct 202366029885.443.09$57,310
Sep 20231,01360189.042.74$91,841
Aug 20231,0792,98380.522.67$94,854
Jul 20231,2543,47774.852.64$103,047
Jun 20231,08977768.962.26$76,852
May 20231,2058270.622.23$85,280
Apr 20231,8082178.122.24$141,288
Mar 20231,70128872.852.39$124,607
Feb 20231,021075.112.47$76,687
Jan 202362076.533.39$4,745
Dec 20221076.415.73$76
Nov 2022319085.005.65$27,115
Oct 202229987.185.86$2,581
Sep 2022256084.888.16$21,729
Aug 2022120094.529.13$11,342
Jul 2022339104101.587.54$35,220
Jun 20227320115.097.98$84,246
May 20224270109.378.43$46,701
Apr 2022628270104.226.84$67,296
Mar 20226470108.885.08$70,445
Feb 2022506091.054.86$46,071
Jan 20227839181.844.54$64,494
Dec 2021781071.323.90$55,701
Nov 2021860077.435.24$66,590
Oct 202186551079.795.71$71,932
Sep 2021994069.865.35$69,441
Aug 20211,0861,26366.024.22$77,028
Jul 20211,2871270.783.98$91,142
Jun 20219007569.493.38$62,795
May 20210063.483.02$0
Apr 20212,1072,19960.362.76$133,244
Mar 20212,5152,62861.302.72$161,310
Feb 20212,4222,59157.805.55$154,366
Jan 20211,8222,65050.412.81$99,294
Dec 20201,3471,92344.642.68$65,275
Nov 20201,2401,91138.772.71$53,247
Oct 20201,3331,96136.972.48$54,141
Sep 20201,2572,10937.091.99$50,821
Aug 20201,4181,94039.982.39$61,319
Jul 20201,4562,13038.371.83$59,754
Jun 20202,9032,15434.901.69$104,956
May 20203022,55916.921.81$9,754
Apr 20201,5832,42314.751.80$27,721
Mar 20201,9132,45730.341.86$62,601
Feb 20202,2092,91649.881.98$115,961
Jan 20202,2933,03857.252.09$137,638
Dec 20192,9013,12459.012.30$178,387
Nov 20192,2373,47455.302.75$133,262
Oct 20192,7713,75553.472.42$157,247
Sep 20192,9723,75855.052.66$173,595
Aug 20192,6394,23653.112.30$149,919
Jul 20191,8883,17856.272.46$114,056
Jun 20192,2113,60952.782.49$125,687
May 20192,1833,56358.482.74$137,426
Apr 20192,2923,53862.632.75$153,280
Mar 20192,4313,64556.803.06$149,242
Feb 20192,1422,90550.852.79$117,032
Jan 20192,4663,60146.033.23$125,135
Dec 20182,4192,88246.594.19$124,764
Nov 20182,0252,89552.934.24$119,450
Oct 20182,8774,37461.443.40$191,626
Sep 20183,0235,28759.543.11$196,421
Aug 20183,4985,45559.403.07$224,509
Jul 20183,0775,36665.142.93$216,168
Jun 20183,4205,97860.183.08$224,209
May 20183,5285,64365.382.90$247,030
Apr 20183,5436,43963.842.90$244,863
Mar 20183,9306,11061.222.79$257,622
Feb 20183,9006,39961.782.77$258,642
Jan 20184,1956,61462.874.01$290,257
Dec 20175,1259,48957.272.92$321,231
Nov 20175,4299,20855.423.12$329,589
Oct 20176,2879,66649.292.98$338,726
Sep 20173,6274,24847.523.09$185,470
Aug 20174,3255,02545.373.00$211,322
Jul 20173,8794,74543.873.09$184,821
Jun 201719542842.493.09$9,607
May 20174,5196,24745.373.26$225,413
Apr 20176,3058,17147.933.21$328,441
Mar 20177,0968,99146.772.98$358,706
Feb 20174,9377,04450.452.95$269,870
Jan 20176,53610,23249.413.42$357,925
Dec 20167,27410,68048.763.72$394,440
Nov 20167,47310,75442.492.64$345,965
Oct 20168,86112,39246.193.09$447,584
Sep 20168,54911,34441.553.10$390,385
Aug 20169,89412,33141.442.92$446,067
Jul 20165,9818,65741.622.92$274,245
Jun 20167,1399,83045.352.69$350,155
May 20169,38710,15242.521.99$419,348
Apr 20169,04411,66036.561.99$353,864
Mar 201611,70214,28233.011.79$411,905
Feb 201613,23615,33226.472.06$381,997
Jan 201618,36420,66227.352.36$551,108
Dec 201522,47226,38332.362.00$779,997
Nov 20155,98210,02038.792.17$253,758

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                   97 bbl  × $106.41 =    $10,322
Casinghead gas       553 Mcf  × $  3.05 =     $1,684

────────────────────────────────────────────────────
Month total                                  $12,006

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/49195 is the state's own key, not one this site invented.