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BLACKSTONE

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 49337District 08Field 71052900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$64.1 M
May 2017 – May 2026
Value, last 12 filed months
$2.6 M
at the published price for each month
Months reported
109
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
OilDisposition965,245 bbl$56,819,465
Casinghead gasProduction2,179,523 Mcf$7,263,844
Total$64,083,309

Wells on this lease (4)

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 31.2659, -103.3593. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.9 miles.

31.26591, -103.35951 · 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 4 wells
With a plug date
0.0%
0 of 4 wells
Median depth
10,681 ft
4 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.
4100.0%

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 10,677 and 10,892 ft, median 10,681 ft, over the 4 wells that filed a depth.

Completions filed
May 2017 – Oct 2018
4 of 4 wells

4 wells

42-38936604U 38H10,677 ftOct 2018——
42-38936603U 32H10,681 ftJun 2018——
42-389347311H10,681 ftMay 2017——
42-389352872H10,892 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 20262,4895,755106.413.05$282,383
Apr 20262,21210,77298.932.87$249,746
Mar 20262,8454,16689.753.15$268,459
Feb 20262,5877,61963.503.75$192,848
Jan 20262,9354,15659.138.00$206,786
Dec 20253,3174,85556.664.41$209,368
Nov 20252,7791,51658.593.93$168,774
Oct 20253,5694,96759.383.30$228,342
Sep 20252,4163,33762.743.08$161,848
Aug 20252,6534,23363.933.01$182,368
Jul 20253,8006,60066.743.32$275,492
Jun 20252,2843,71466.483.13$163,460
May 20252,8864,12360.553.23$188,074
Apr 20252,9724,89362.363.54$202,670
Mar 20252,8775,11267.704.27$216,593
Feb 20257783,69870.884.34$71,197
Jan 20253,8226,27474.324.28$310,895
Dec 20243,7028,92168.993.12$283,247
Nov 20244,8197,63069.052.20$349,526
Oct 20245,27210,44671.372.28$400,094
Sep 20241,9617,25869.612.36$153,666
Aug 20242,4175,28575.632.06$193,704
Jul 20243,86312,06679.932.15$334,670
Jun 20245,70324,29878.082.63$509,291
May 20245,09215,47978.812.20$435,330
Apr 20242,5995,54684.451.66$228,687
Mar 20242,1505,04480.301.55$180,439
Feb 20242,1642,41876.091.78$168,972
Jan 20243,4838,62573.023.30$282,771
Dec 20232,76410,03471.262.61$223,159
Nov 20231,4296,93977.892.81$130,786
Oct 20234,40910,02485.443.09$407,652
Sep 20233,05810,25589.042.74$300,332
Aug 20233,58811,37880.522.67$319,318
Jul 20234,59214,05574.852.64$380,842
Jun 20233,62212,12668.962.26$277,159
May 20233,96542670.622.23$280,957
Apr 20233,69513,80078.122.24$319,534
Mar 20234,99716,72872.852.39$404,064
Feb 20234,95716,57875.112.47$413,196
Jan 20234,44412,62376.533.39$382,863
Dec 20224,80313,75476.415.73$445,795
Nov 20224,92219,10785.005.65$526,252
Oct 20225,19718,31987.185.86$560,493
Sep 20225,38916,86284.888.16$595,074
Aug 20224,79615,03394.529.13$590,527
Jul 20225,68419,326101.587.54$723,139
Jun 20226,07517,136115.097.98$835,869
May 20225,59518,161109.378.43$765,078
Apr 20226,57817,162104.226.84$802,906
Mar 20226,11618,463108.885.08$759,636
Feb 20225,20620,96491.054.86$575,867
Jan 20226,36023,19881.844.54$625,768
Dec 20216,48225,64371.323.90$562,281
Nov 20216,83122,73077.435.24$647,958
Oct 20217,20720,59079.795.71$692,695
Sep 20217,21621,19569.865.35$617,523
Aug 20215,99413,20466.024.22$451,453
Jul 20216,31617,09370.783.98$515,112
Jun 20217,98420,65569.493.38$624,635
May 20218,10821,33863.483.02$579,087
Apr 20217,77319,48160.362.76$522,915
Mar 20218,01117,69961.302.72$539,161
Feb 20215,03511,14657.805.55$352,860
Jan 20217,67221,21050.412.81$446,351
Dec 20207,89247,48744.642.68$479,348
Nov 20208,99222,90538.772.71$410,614
Oct 20208,35022,85536.972.48$365,344
Sep 20208,38523,09837.091.99$356,989
Aug 20209,58023,78539.982.39$439,738
Jul 20209,53523,93538.371.83$409,542
Jun 20209,48624,39134.901.69$372,290
May 202010,11225,32216.921.81$217,048
Apr 20209,49924,23714.751.80$183,843
Mar 202010,75222,84530.341.86$368,621
Feb 202010,12123,25949.881.98$550,904
Jan 202010,61925,46357.252.09$661,276
Dec 20191,02313,10059.012.30$90,554
Nov 201912,32831,17155.302.75$767,480
Oct 201912,62735,23453.472.42$760,381
Sep 201912,45733,76655.052.66$775,484
Aug 201912,41434,03953.112.30$737,746
Jul 201913,20335,61756.272.46$830,553
Jun 201913,44334,02652.782.49$794,287
May 201914,19833,17458.482.74$921,206
Apr 201914,22334,38562.632.75$985,369
Mar 201916,79640,60056.803.06$1,078,334
Feb 201916,16338,11250.852.79$928,306
Jan 201918,95043,66046.033.23$1,013,211
Dec 201821,35043,30046.594.19$1,175,926
Nov 201821,39945,76852.934.24$1,326,579
Oct 201820,80144,16361.443.40$1,428,083
Sep 201818,57734,49159.543.11$1,213,273
Aug 201822,08635,24259.403.07$1,419,980
Jul 201826,85053,68165.142.93$1,906,395
Jun 201833,24756,38060.183.08$2,174,281
May 201841,06067,72765.382.90$2,880,965
Apr 20180063.842.90$0
Mar 20186,02110,85561.222.79$398,857
Feb 20189,33818,03961.782.77$626,800
Jan 201811,05620,90962.874.01$778,922
Dec 201713,35822,78757.272.92$831,585
Nov 201713,48522,13655.423.12$816,367
Oct 201712,95718,24049.292.98$693,073
Sep 201719,63033,20947.523.09$1,035,343
Aug 201721,84931,47345.373.00$1,085,847
Jul 201724,15732,08243.873.09$1,158,814
Jun 201736,06944,49542.493.09$1,669,940
May 201733,49144,83945.373.26$1,665,814

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                2,489 bbl  × $106.41 =   $264,854
Casinghead gas     5,755 Mcf  × $  3.05 =    $17,529

────────────────────────────────────────────────────
Month total                                 $282,383

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/49337 is the state's own key, not one this site invented.