GRIZZLY BEAR 7780 2U

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 50001District 08Field 71052900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$21.4 M
Apr 2018 – May 2026
Value, last 12 filed months
$325 k
at the published price for each month
Months reported
98
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
OilDisposition308,118 bbl$17,664,941
Casinghead gasProduction1,085,205 Mcf$3,708,048
Total$21,372,989

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 31.3884, -103.5895. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.38843, -103.58949 · 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
10,119 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 10,119 ft.

Completions filed
Aug 2018
1 of 1 wells

1 well

42-38936482A 2H10,119 ftAug 2018

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 (98)

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

98 months

May 2026150455106.413.05$17,347
Apr 2026171098.932.87$16,917
Mar 20263071,19589.753.15$31,317
Feb 20264402,75963.503.75$38,287
Jan 202632947759.138.00$23,269
Dec 20256403,82256.664.41$53,130
Nov 20256077158.593.93$35,843
Oct 2025449059.383.30$26,662
Sep 2025314062.743.08$19,700
Aug 202544121563.933.01$28,841
Jul 2025390066.743.32$26,029
Jun 2025109066.483.13$7,246
May 2025294060.553.23$17,802
Apr 2025226062.363.54$14,093
Mar 2025253067.704.27$17,128
Feb 20254551,81170.884.34$40,112
Jan 20255302,34974.324.28$49,440
Dec 20243332,24368.993.12$29,975
Nov 20243384,46569.052.20$33,155
Oct 20245051,28971.372.28$38,983
Sep 20244063,47369.612.36$36,473
Aug 20246233,75875.632.06$54,873
Jul 20245693,47279.932.15$52,933
Jun 20244362,21978.082.63$39,888
May 20245623,99878.812.20$53,081
Apr 20245294,05784.451.66$51,405
Mar 20241441,63580.301.55$14,089
Feb 20247346,69976.091.78$67,799
Jan 20241,06512,14073.023.30$117,800
Dec 20231,20112,11171.262.61$117,202
Nov 20231,32111,41177.892.81$134,930
Oct 20239798,94185.443.09$111,249
Sep 20231,16110,34689.042.74$131,672
Aug 20238267,08080.522.67$85,434
Jul 20231,1849,57074.852.64$113,904
Jun 20239016,47368.962.26$76,752
May 20238064,57170.622.23$67,101
Apr 20237553,49478.122.24$66,799
Mar 20239573,96872.852.39$79,214
Feb 20236312,49875.112.47$53,554
Jan 20232921,68376.533.39$28,048
Dec 20227425,42376.415.73$87,765
Nov 20221,1098,95085.005.65$144,798
Oct 20221,34411,34087.185.86$183,665
Sep 20221,39612,18284.888.16$217,942
Aug 20221,48915,50194.529.13$282,220
Jul 20221,56515,817101.587.54$278,266
Jun 20221,49212,932115.097.98$274,875
May 20221,42510,116109.378.43$241,161
Apr 20221,3268,920104.226.84$199,187
Mar 20221,2738,473108.885.08$181,617
Feb 20228312,25491.054.86$86,614
Jan 202234981.844.54$2,823
Dec 202132471.323.90$2,298
Nov 20218746177.435.24$9,151
Oct 202199079.795.71$7,899
Sep 20212,2478,43569.865.35$202,110
Aug 20213,17915,71666.024.22$276,208
Jul 20213,03615,94570.783.98$278,382
Jun 20213,31317,36669.493.38$288,928
May 20213,75119,79663.483.02$297,851
Apr 20213,82116,26960.362.76$275,512
Mar 20213,87613,41961.302.72$274,057
Feb 20212,10510,42457.805.55$179,501
Jan 20213,76816,26050.412.81$235,640
Dec 20203,25813,20344.642.68$180,761
Nov 20203,55613,76738.772.71$175,127
Oct 20203,19611,31836.972.48$146,207
Sep 20203,25510,21237.091.99$141,060
Aug 20203,25310,09539.982.39$154,133
Jul 20203,0988,61538.371.83$134,594
Jun 20202,7296,44434.901.69$106,134
May 20202,9596,96916.921.81$62,713
Apr 20201,7464,13414.751.80$33,213
Mar 20207041,92930.341.86$24,940
Feb 20203,96611,12549.881.98$219,859
Jan 20206,16019,31857.252.09$393,126
Dec 20196,68119,77159.012.30$439,805
Nov 20196,68121,57755.302.75$428,811
Oct 20197,30624,40653.472.42$449,679
Sep 20197,16524,27555.052.66$458,939
Aug 20197,97629,57953.112.30$491,766
Jul 20199,14132,58656.272.46$594,528
Jun 20199,94333,44852.782.49$608,117
May 201911,20336,90858.482.74$756,291
Apr 201911,41240,71962.632.75$826,739
Mar 201911,01836,39556.803.06$737,268
Feb 201912,07833,56950.852.79$707,898
Jan 201915,48940,62546.033.23$844,103
Dec 201818,28747,44146.594.19$1,050,553
Nov 201821,56148,80152.934.24$1,348,005
Oct 201824,28361,64361.443.40$1,701,415
Sep 201821,76142,99159.543.11$1,429,266
Aug 20181,5502,58259.403.07$99,988
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0

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                  150 bbl  × $106.41 =    $15,962
Casinghead gas       455 Mcf  × $  3.05 =     $1,386

────────────────────────────────────────────────────
Month total                                  $17,347

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/50001 is the state's own key, not one this site invented.