CARPENTER 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 49220District 08Field 71052900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$31.2 M
Feb 2017 – May 2026
Value, last 12 filed months
$29 k
at the published price for each month
Months reported
112
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
OilDisposition515,941 bbl$27,784,436
Casinghead gasProduction1,142,147 Mcf$3,382,498
Total$31,166,934

Wells on this lease (3)

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 31.1552, -103.5412. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.0 miles.

31.15664, -103.54306 · 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 3 wells
With a plug date
0.0%
0 of 3 wells
Median depth
10,212 ft
3 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.
3100.0%

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

Between 120 and 10,817 ft, median 10,212 ft, over the 3 wells that filed a depth.

Completions filed
Feb 2017 – Jun 2018
3 of 3 wells

3 wells

42-38937195U 47H120 ftJun 2018
42-389358183H10,212 ftJun 2017
42-389354792H10,817 ftFeb 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 (112)

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

112 months

May 202600106.413.05$0
Apr 20260298.932.87$6
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 2025079356.664.41$3,500
Nov 2025019358.593.93$758
Oct 2025014359.383.30$473
Sep 2025041362.743.08$1,271
Aug 2025069263.933.01$2,086
Jul 2025076166.743.32$2,523
Jun 202523478066.483.13$17,997
May 20255084560.553.23$5,759
Apr 202515783362.363.54$12,742
Mar 202530586967.704.27$24,358
Feb 2025076970.884.34$3,338
Jan 20254284174.324.28$6,720
Dec 202423193568.993.12$18,855
Nov 202425375069.052.20$19,118
Oct 202438299471.372.28$29,531
Sep 202453597969.612.36$39,556
Aug 202468999075.632.06$54,152
Jul 202438889179.932.15$32,925
Jun 202487590678.082.63$70,706
May 20245002,04978.812.20$43,910
Apr 20244831,98084.451.66$44,075
Mar 20242912,12380.301.55$26,648
Feb 20243341,24076.091.78$27,626
Jan 20245142,84473.023.30$46,911
Dec 20233191,35171.262.61$26,259
Nov 20235512,50577.892.81$49,950
Oct 20235674,86285.443.09$63,455
Sep 20235435,64389.042.74$63,783
Aug 20237836,22380.522.67$79,680
Jul 20236437,57674.852.64$68,143
Jun 20238126,03168.962.26$69,616
May 20232,1396,86870.622.23$166,354
Apr 20231,7516,51478.122.24$151,365
Mar 20231,7946,98872.852.39$147,416
Feb 20231,7223,39175.112.47$137,701
Jan 20231,9455,92676.533.39$168,926
Dec 20221,2532,12876.415.73$107,933
Nov 20229212,86285.005.65$94,444
Oct 20224354,42587.185.86$63,870
Sep 20225637,33784.888.16$107,684
Aug 20223715,59094.529.13$86,088
Jul 20227774,622101.587.54$113,787
Jun 20221,1493,527115.097.98$160,374
May 20229950109.378.43$108,823
Apr 20221,9620104.226.84$204,480
Mar 20222,2570108.885.08$245,742
Feb 20222,068291.054.86$188,301
Jan 20222,1252981.844.54$174,042
Dec 20212,16242971.323.90$155,867
Nov 20212,2921,16577.435.24$183,570
Oct 20212,36036779.795.71$190,401
Sep 20212,359069.865.35$164,800
Aug 20211,917066.024.22$126,560
Jul 20211,816070.783.98$128,536
Jun 20212,10835369.493.38$147,678
May 20212,61946463.483.02$167,654
Apr 202192422060.362.76$56,379
Mar 20219162,14561.302.72$61,979
Feb 20212,07212,51357.805.55$189,183
Jan 20213,95424,79850.412.81$269,010
Dec 20204,46727,03944.642.68$271,749
Nov 20204,76626,38738.772.71$256,196
Oct 20204,65820,94936.972.48$224,127
Sep 20205,09820,74137.091.99$230,381
Aug 20204,67712,08939.982.39$215,820
Jul 20203,84210,79138.371.83$167,112
Jun 20204,06511,02734.901.69$160,508
May 20202,17412,80116.921.81$60,015
Apr 20204,55314,01414.751.80$92,443
Mar 20202,96616,98730.341.86$121,520
Feb 20203,17512,12749.881.98$182,389
Jan 20203,73711,41857.252.09$237,861
Dec 20193,7239,30259.012.30$241,129
Nov 20192,5385,20255.302.75$154,661
Oct 20195,73814,15153.472.42$341,036
Sep 20197,30619,87755.052.66$455,014
Aug 20198,10115,05153.112.30$464,927
Jul 20197,57932,14156.272.46$505,539
Jun 20197,68629,27352.782.49$478,592
May 201910,20133,11658.482.74$687,303
Apr 20199,55427,83562.632.75$674,933
Mar 20196,80018,30256.803.06$442,283
Feb 20195,48815,70750.852.79$322,922
Jan 20193,80610,87746.033.23$210,303
Dec 20185,24813,14546.594.19$299,522
Nov 20188,18217,72452.934.24$508,174
Oct 20187,76010,16961.443.40$511,329
Sep 20183,9644,75859.543.11$250,804
Aug 20183,1157,22459.403.07$207,184
Jul 201810,88926,90365.142.93$788,186
Jun 201811,46731,37960.183.08$786,635
May 201814,48635,72665.382.90$1,050,729
Apr 201815,96837,61963.842.90$1,128,522
Mar 201815,81330,19861.222.79$1,052,229
Feb 201810,78317,14261.782.77$713,591
Jan 20185,05812,57962.874.01$368,430
Dec 20175,72512,00057.272.92$362,929
Nov 201713,97916,78755.423.12$827,064
Oct 201719,58322,51849.292.98$1,032,433
Sep 201725,38647,24247.523.09$1,352,192
Aug 201732,33750,51645.373.00$1,618,900
Jul 201740,63567,64743.873.09$1,991,503
Jun 201729,12040,27942.493.09$1,361,661
May 20179,70313,73645.373.26$485,051
Apr 201711,61712,37147.933.21$596,534
Mar 201713,85912,33646.772.98$684,992
Feb 201714,35913,47650.452.95$764,201

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.

Apr 2026 — as filed, then multipliedworked
Oil                    0 bbl  × $ 98.93 =         $0
Casinghead gas         2 Mcf  × $  2.87 =         $6

────────────────────────────────────────────────────
Month total                                       $6

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/49220 is the state's own key, not one this site invented.